VGP : Disclosure in accordance with the Law of 2 May 2007 - Transparency law_20171102

Transparency notification by Mr Bart Van Malderen

VGP NV has received a transparency notification dated 31 October 2017 that (i) by virtue of the disposal of 235,997 shares on 27 October 2017, VM Invest NV now holds 22.69% of the voting rights of VGP NV, and (ii) by virtue of the disposal of 3,545,250 shares on 27 October 2017, Bart Van Malderen no longer directly holds any of the voting rights of VGP NV.

Together, VM Invest NV, Bart Van Malderen and VGP MISV Comm. VA now hold 27.69% of the voting rights of VGP NV. Therefore, their voting rights have fallen below the threshold of 30%.

The notification dated 31 October 2017 contains the following information:

• Reason for notification:
  Acquisition or disposal of voting securities or voting rights.

• Notification by:
  A parent undertaking or a controlling person.

• Persons subject to the notification requirement:
  VM Invest NV, Spinnerijstraat 12, 9240 Zele
  Bart Van Malderen
  VGP MISV Comm. VA, Spinnerijstraat 12, 9240 Zele

• Date on which the threshold is crossed:
  27 October 2017.

• Threshold that is crossed:
  30%.

	Previous notification	After the transaction
	Number of voting rights	Number of voting rights	% of voting rights
VM Invest NV	4,451,668	4,215,671	22.69%
Bart Van Malderen	3,545,250	0	0.00%
VGP MISV Comm. VA	929,153	929,153	5.00%
Total	8,926,071	5,144,824	27.69%

• Chain of controlled undertakings through which the holding is effectively held:
  VM Invest NV is controlled exclusively by Mr Bart Van Malderen. As statutory manager of VGP MISV Comm. VA, Mr Bart Van Malderen also has exclusive control over VGP MISV Comm. VA.