VGP
Identification
Operation
Initial reference price: will be the subscription price that will be published in the financial press on or around 7 December 2007. Thresholds of listing: As provided in the ETA Nr 2004-433 dated 20/09/2002, the static price range will be set at +/-20% around the reference price. If the price is outside the static price range the stock will be reserved during 15 minutes. The new reference price used will be the treshold (up or down) reached previously. The static price range will be set at +/-10% of this new reference price. This procedure will be repeated until an opening price will be established. At the opening of the security, the opening price will be the new reference price with a static price range of +/-10% and a dynamic price range of +/-5%. Usual trading rules in term of thresholds and of reservation period will be applied. Listing of the VVPR strips issued by VGP Euronext Brussels announces that, from 07/12/2007, the VVPR strips described below issued by VGP will be listed on Eurolist by Euronext. (Ie notice for details)
Euronext Brussels announces that, as from 07-12-2007, the common shares and VVPR Strips described below issued by VGP n.v. will be listed on Eurolist by Euronext:
- A maximum of EUR 50 million new shares with VVPR-strip, qualifying for dividend as from 01.01.2007, that are offered in public subscription as from 21 November 2007 till 5 December 2007 (4 pm) included, unless closed in advance as from 28 November 2007 (4 pm).
These shares will be mentioned in the price list under the name VGP with the mention WI until 11 December 2007 included (When Issued: cf infra).
- A maximum of 15% of the new shares following the over-allotment option, qualifying for dividend as from 01.01.2007.
- 15,000,000 existing ordinary shares of the company VGP, qualifying for dividend as from 01.01.2007.
When Issued: according to the terms of the offering described in the prospectus, investors have to be aware that the offered shares must be delivered on 11-12-2007. Euronext Brussels has indicated that it will cancel all transactions realized on the regulated market Eurolist by Euronext Brussels if the offered shares are not delivered on 11-12-2007. The attention of the public is drawn upon the fact that, from the first listing of the shares on the regulated market Eurolist by Euronext Brussels and until 11-12-2007, it has to take into account the eventuality as described above for every operation that it intends to realise through Euronext or over the counter.
07/12/2007: Listing of the shares issued by VGP
KBC SECURITIES