Vastned Belgium Shareholders Approve Merger

Vastned Belgium SA (DE:IJX) has released an update.

Vastned Belgium shareholders have unanimously approved a reverse cross-border legal merger with its Dutch parent company, Vastned Retail, set to become effective on January 1, 2025. The merger will establish ‘Vastned’ as a combined entity headquartered in Belgium, and shareholders will receive 0.839 Vastned Belgium shares for each Vastned Retail share. Additionally, an interim dividend of EUR 1.00 per share has been approved, to be paid in January 2025 to pre-merger shareholders of Vastned Belgium.

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