Gimv NV — Share Issue/Capital Change 2024

Jul 24, 2024

Antwerp, July 24th, 2024, 17:45 CET – Regulated information

Outcome of the optional dividend for the FY 2023-24 : 57.8% of the dividend rights are distributed in the form of new ordinary shares, resulting in a capital increase of EUR 29.3 million

Gimv today announces that 57.8% of the dividend rights on the financial year 2023- 24 had been presented in return for 732,567 new ordinary shares, for a total amount of EUR 29.3 million.

Gimv's AGM on June 26th, 2024 approved the distribution of a gross dividend of EUR 2.60 per share (EUR 1.82 net) for the financial year 2023- 24. In addition, Gimv offered shareholders the option of subscribing to new ordinary shares, each share being exchanged for 22 dividend rights on the financial year 2023-24 (EUR 40.04), or of taking a cash dividend or a combination of both. The new shares will be of the same type as the existing shares (with no right to a reduced withholding tax) and give entitlement to payment of a dividend from Gimv's profits as from April 1st , 2024. Gimv shareholders were asked to communicate their choice between July 3rd and 23rd, 2024.

16,116,474 dividend rights on the financial year 2023-24 were presented in exchange for 732,567 new ordinary shares, for a total amount of EUR 29.3 million. These new shares will be issued on July 26th, 2024 and will be admitted to listing on Euronext Brussels on the same date. The balance of the dividend will be distributed on July 26th, 2024 in cash, amounting to a gross total of EUR 43.1 million (including withholding taxes).

As a result of this capital increase, Gimv's equity (group's share) will amount to EUR 1,446.2 million(1) and will be represented by 28,613,840 ordinary shares. Each of these shares carries one voting right at the general shareholders meetings and the total number of shares indicated above will represent the denominator for purposes of notifications under the transparency regulations.

WorxInvest, Gimv's reference shareholder, opted for full payment in shares and now holds 8,419,858 shares, equating to 29.4% of the capital. Consequently, Gimv's free float amounts to 70.6%.

This capital increase adds EUR 29.3 million to Gimv's equity, in contrast to the situation that would have prevailed had the dividend entirely been paid in cash. The cash which is not paid out will be used by Gimv to finance growth and further value creation in the portfolio.

⁽¹⁾ Most recently published equity value (group's share) as at 31 March 2024, excluding the dividend on the financial year 2023-24 and increased with the amount of the capital increase.

Press release

Financial calendar

• ◼ Payment date dividend 2023-2024 (coupon nr. 30) and listing new shares on Euronext Brussels July 26th, 2024
• ◼ Results 1H 2024-2025 (April 1 st , 2024 – September 30th, 2024) November 21st , 2024

About Gimv

Gimv is a European investment company with over 40 years of experience in private equity and is listed on Euronext Brussels as well as a member of the Euronext BEL ESG Index. Gimv currently has a portfolio of more than EUR 1.5 billion consisting of around 60 portfolio companies, with a combined turnover of EUR 4.0 billion and more than 20,000 employees.

As a recognized market leader in selected investment platforms, Gimv identifies entrepreneurial, innovative companies with high growth potential and supports them in their transformation into market leaders. Gimv's five investment platforms are Consumer, Healthcare, Life Sciences, Smart Industries and Sustainable Cities. Each platform works with an experienced team across Gimv's home markets of Benelux, France and DACH, supported by an extended international network of experts.

Further information on Gimv can be found on www.gimv.com.

For further information please contact:

Kristof Vande Capelle, CFO T +32 3 290 22 17 kristof.vandecapelle@gimv.com