Successful placement of 292,827 WDP shares — First step of (indirect) contribution completed

WDP announces the successful placement of 292,827 shares of the WDP reference shareholder, the Jos De Pauw family, resulting in suspension of trading in WDP shares on the Euronext Brussels and Euronext Amsterdam since yesterday afternoon at the request of WDP. This marks a first step in the transaction for the (indirect) contribution in kind of three new projects in the Netherlands, specifically the preleased project in Veghel (two phases) and the partially preleased project in Tiel, both for Kuehne + Nagel, as well as the preleased project in Bleiswijk for Konings-Zuivel, which will result in a strengthening of WDP shareholders’ equity totalling approx. 45 million euros by way of a contribution in kind of the claim arising from completion of these projects.