August 30, 2017 / 6:36 AM / 3 months ago

BRIEF-VGP says ‍Bart Van Malderen considers reducing his shareholding in company​

Aug 30 (Reuters) - VGP NV:

* ‍BART VAN MALDEREN CONSIDRS REDUCING HIS SHAREHOLDING IN VGP NV​

* ‍BART VAN MALDEREN, IS CONSIDERING A REDUCTION OF HIS SHAREHOLDING IN VGP THROUGH A SECONDARY PUBLIC OFFERING OF EXISTING ORDINARY SHARES​

* ‍VGP WOULD NOT BE ISSUING NEW ORDINARY SHARES AND WOULD NOT BE RECEIVING ANY PROCEEDS FROM OFFERING.​

* ‍BART VAN MALDEREN ID CURRENTLY LARGEST SHAREHOLDER OF VGP, WITH A TOTAL SHAREHOLDING OF 43%​

* ‍JAN VAN GEET (OWNER CURRENTLY OF 38% OF VGP VIA LITTLE ROCK SA AND ALSGARD SA), ALSO INTENDS TO DIVEST A SMALL PART OF HIS SHAREHOLDING​

* ‍JAN VAN GEET WILL CONTINUE TO HOLD MORE THAN 30% OF VGP AFTER OFFERING AND WILL REMAIN CEO OF VGP​

* ‍AT THIS STAGE, VGP UNDERSTANDS THAT NO FINAL DECISION TO PROCEED WITH OFFERING HAS BEEN MADE​

* ‍BART VAN MALDEREN CONSIDERS (NOT CONSIDRS) REDUCING HIS SHAREHOLDING IN VGP NV‍​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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