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    VGP   BE0003878957

VGP NV

(VGP)
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VGP : announces appointment of Jonny Allen as Director of Urban and Last Mile Logistics

04/09/2021 | 01:08am EST

PRESS RELEASE

VGP announces appointment of Jonny Allen as Director of Urban and Last Mile Logistics

Antwerp, Belgium, 9 April 2021, 7:00am CET - VGP NV ('VGP' or 'the Group'), a European provider of high-quality logistics and semi-industrial real estate, announces the appointment of Jonny Allen as Director of Urban and Last Mile Logistics.

Mr. Allen, who started with VGP on 1 March 2021, will be responsible for developing VGP´s last mile, e-commerce and urban logistic offering to new and existing customers across all of the countries that VGP operates in.

Jonny Allen said: "With the rapid enhancements in technology and a step change in consumer behavior over recent years this is a very exciting time for the logistics and warehouse real estate sector. I'm very excited to be joining VGP to help support the expansion of the Company throughout Europe with their last mile offering".

Jan Van Geet, CEO of VGP, said: "We are very pleased to have Jonny Allen join us as our Director of Urban and Last Mile Logistics. We trust that his personality and the experience he brings to the VGP family will fit seamlessly into our culture."

Jan Van Geet continued: "Over the last few months we have strengthened our teams across the board, including Last Mile logistics and renewable energy experts, which will enhance our product offerings and deepen our engagement with our clients".

Prior to joining VGP, Jonny worked at Amazon where he was the Head of Amazon's European Logistics' Real Estate team with overall responsibility for the expansion of Amazon's last mile and speciality fulfilment real estate network across the EU. Jonny Allen has over 17 years of real estate experience he holds a Real Estate and Property Valuation degree and is a member of the Royal Institution of Chartered Surveyors.

CONTACT DETAILS FOR INVESTORS AND MEDIA ENQUIRIES

Martijn Vlutters

Tel: +32

(0)3 289 1433

VGP - Investor Relations

Karen Huybrechts

Tel: +32

(0)3 289 1432

Head of Marketing

Petra Vanclova

Tel: +42

0 602 262 107

VGP - External Communications

Anette Nachbar

Tel: +49

152 288 10363

Brunswick Group

ABOUT VGP

VGP is a pan-European developer, manager and owner of high-quality logistics and semi-industrial real estate. VGP operates a fully integrated business model with capabilities and longstanding expertise across the value chain. The company has a development land bank (owned or committed) of 7.65 million m² and the strategic focus is on the development of business parks. Founded in 1998 as a family- owned real estate developer in the Czech Republic, VGP with a staff of over 260 employees today owns and operates assets in 12 European countries directly and through several 50:50 joint ventures. As of December 2020, the Gross Asset Value of VGP, including the joint ventures at 100%, amounted to €

3.84 billion and the company had a Net Asset Value (EPRA NAV) of € 1.35 billion. VGP is listed on Euronext Brussels and on the Prague Stock Exchange (ISIN: BE0003878957).

For more information, please visit: http://www.vgpparks.eu

Disclaimer

VGP NV published this content on 09 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 April 2021 05:05:03 UTC.


ę Publicnow 2021
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Sales 2021 41,0 M 46,5 M 46,5 M
Net income 2021 422 M 479 M 479 M
Net Debt 2021 1 139 M 1 293 M 1 293 M
P/E ratio 2021 12,0x
Yield 2021 1,61%
Capitalization 5 360 M 6 083 M 6 084 M
EV / Sales 2021 159x
EV / Sales 2022 74,9x
Nbr of Employees 300
Free-Float 34,9%
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Mean consensus OUTPERFORM
Number of Analysts 4
Last Close Price 245,50 €
Average target price 245,00 €
Spread / Average Target -0,20%
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Managers and Directors
Jan van Geet Chief Executive Officer & Executive Director
Dirk Stoop Chief Financial Officer
Bart van Malderen Chairman
Miquel-David Martinez Chief Technical Officer
Ann Gaeremynck Independent Director