Press release

WDP strengthens shareholders’ equity by approx. 45 million euros with (indirect) contribution in kind

WDP intends to execute the payment for completion of three previously announced new projects in the Netherlands by issuing new WDP shares following a contribution in kind in WDP of the claim arising from completion of these projects. This will strengthen the shareholders’ equity of the company by some 45 million euros. This transaction covers 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, for a total area of around 70,000 m².