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Intervest Offices & Warehouses NV

Transaction in Own Shares Mar 26, 2020

3966_dirs_2020-03-26_f3aa72ce-ab9e-4415-9024-2905a246a25f.pdf

Transaction in Own Shares

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PRESS RELEASE

Embargo until 26/03/2020, 5.45 pm

Antwerp, 26 March 2020

Repurchase of own shares

Intervest Offices & Warehouses (hereinafter Intervest) announces that she repurchased on 19 and 20 March 2020, 2.517 own shares on Euronext Brussels via a financial broker. This announcement takes place pursuant to article 7:215 of Belgian Companies and Associations Code (CAC) and also pursuant to the articles 8:3 and 8:4 of the Royal Decree of 29 April 2019 executing the CAC.

The shares were repurchased at an average price (rounded) of € 17,88 per share. These repurchase transaction was realised within the "long-term incentive plan" in favour of the management committee of Intervest.

Detailed overview of the daily transactions:

Date Number of
shares
Average
price (€)
Minimum
price (€)
Maximum
price (€)
Total
price(€)
19 March 2020 2.500 17,8680 17,800 17,960 44.670,00
20 March 2020 17 19,3871 19,380 19,500 329,58
TOTAL 2.517 17,8783 44.999,58

Intervest Offices & Warehouses nv, (hereinafter Intervest), is a public regulated real estate company (RREC) founded in 1996 of which the shares are listed on Euronext Brussels (INTO) as from 1999. Intervest invests in high-quality Belgian office buildings and logistics properties that are leased to firstclass tenants. The properties in which Intervest invests, consist primarily of up-to-date buildings that are strategically located in the city centre and outside municipal centres. The offices of the real estate portfolio are situated in and around centre cities such as Antwerp, Mechelen, Brussels and Leuven; the logistics properties are located on the Antwerp - Brussels - Nivelles, Antwerp - Limburg - Liège, and Antwerp - Ghent - Lille axes and concentrated in the Netherlands on the Moerdijk - 's Hertogenbosch - Nijmegen, Rotterdam - Gorinchem - Nijmegen and Bergen-op-zoom - Eindhoven - Venlo axes. Intervest distinguishes itself when leasing space by offering more than square metres only. The company goes beyond real estate by offering 'turn-key solutions' (a tailor-made global solution for and with the customer), extensive services provisioning, co-working and serviced offices.

For more information, please contact:

INTERVEST OFFICES & WAREHOUSES nv, public regulated real estate company under Belgian law, Gunther GIELEN - ceo or Inge TAS - cfo, T. + 32 3 287 67 87. http://www.intervest.be/en

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