Montea N.V. — Share Issue/Capital Change 2014

Jun 19, 2014

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SPACE FOR GROWTH

REGULATED INFORMATION
FOR IMMEDIATE RELEASE

FINAL RESULTS FROM THE PUBLIC OFFERING TO SUBSCRIBE TO THE CAPITAL INCREASE

AFTER THE SUCCESSFUL PRIVATE PLACEMENT OF THE SCRIPS, THE EXISTING SHAREHOLDERS AND NEW INVESTORS ARE NOW COMMITTED TO UNDERWRITE 100% OF THE PUBLIC OFFERING

• → ON 3RD JUNE 2014, MONTEA LAUNCHED A PUBLIC OFFERING TO SUBSCRIBE TO A MAXIMUM OF 1,945,416 NEW SHARES AS PART OF A CAPITAL INCREASE IN CASH WITH PREFERENTIAL RIGHTS FOR A MAXIMUM AMOUNT OF EUR 52.5 MILLION
• → THE ISSUE PRICE WAS SET AT EUR 27.00 PER NEW SHARE
• → SUBSCRIPTION RATIO: 7 PREFERENTIAL RIGHTS OR SCRIPS GAVE THE RIGHT TO SUBSCRIBE TO 2 NEW SHARES
• → Subscription to 94.8% of the New Shares (1,844,180 Shares) through the exercise of preferential rights
• → SUBSCRIPTION TO 101,236 NEW SHARE THROUGH THE EXERCISE OF SCRIPS
• → THE NET PROCEEDS FROM UNEXERCISED PREFERENTIAL RIGHTS IS EUR 0.79 PER COUPON № 12
• → EXECUTION OF THE CAPITAL INCREASE, PAYMENT OF THE SUBSCRIPTION PRICE AND ISSUE OF THE NEW SHARES SCHEDULED FOR 24TH JUNE 2014
• → Permission for the New Shares to trade on Euronext Brussels and Euronext Paris scheduled on 24th June 2014

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Aalst, 19th June 2014 – Montea Comm. VA has announced that in the wake of the public offering to subscribe to the capital increase and after the successful private placement of the scrips, the existing shareholders and new investors are now committed to underwrite [100%] of the public offering.

Today, 19th June 2014, the 354,332 unexercised preferential rights (scrips) were offered for sale to institutional investors via a procedure of an accelerated private placement of scrips. The investors buying these scrips have committed irrevocably to exercise the scrips and to subscribe to 2 new shares for every 7 scrips, at a subscription price of EUR 27.00 per share. The gross proceeds from the offering are therefore the intended maximum of EUR 52,526,232.

Jo De Wolf, CEO: "The Board of Directors and management are delighted that the operation was so successful. We would like to thank our existing and new shareholders for the confidence they have shown."

The net proceeds (after deduction of certain costs) allocated to the holders of unexercised preferential rights, are EUR 0,79 per nº 12 coupon. In principle, this amount will be available and payable as of 27th June 2014.

Payment of the subscription price, establishment of the capital increase and the listing of the new shares on Euronext Brussels and Euronext Paris are expected to take place on 24th June 2014. After this transaction, the number of Montea shares in circulation will rise from 6,808,962 to 8,754,378.

ING Belgium and KBC Securities acted as Joint Bookrunner, Belfius acted as Co-lead Manager.

ABOUT MONTEA "SPACE FOR GROWTH"

Montea Comm. VA is a public property investment trust established under Belgian law (Sicafi – SIIC), specialising in logistics and semi-industrial property in the Benelux and France. The company is a leading player in this market. Montea literally offers its clients room to grow through flexible and innovative property solutions. This enables Montea to create value for its shareholders. As of 31/03/2014, Montea's property portfolio represented total floor space of 619,093 m², spread across 37 locations. Montea Comm. VA has been listed on NYSE Euronext Brussels (MONT) and Paris (MONTP) since the end of 2006.

MEDIA CONTACT FOR MORE INFORMATION

Jo De Wolf Permanent representative of Montea Management NV, Statutory manager of Montea Comm. VA +32 53 82 62 62 jo.dewolf@montea.com

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This press release does not constitute a offer to sell securities, nor is it an invitation to make an offer to purchase securities in Montea Comm. VA and no sale of securities will take place in any jurisdiction in which such an offer, invitation of sale would be unlawful without prior registration or approval under the financial legislation of such a jurisdiction. This notice is not an offer to sell securities in the United States of America, Canada, Australia or Japan. The securities are not and will not be registered under the US Securities Act of 1933, as amended, and may not be offered or sold in the United States of America, except where there is registration or an applicable exemption from registration thereunder.

No notification or information about Montea Comm VA's capital increase may be disseminated to the public in jurisdictions other than Belgium or France where prior registration or approval is required for such a purpose. No steps have been taken or will be taken with regard to offering preferential rights, scrips or shares outside Belgium or France in any jurisdiction where such steps would be required. The issue, exercise or sale of preferential rights, scrips and subscriptions to or the sale of op of shares, preferential rights or scrips are subject to the specific statutory or regulatory restrictions in certain jurisdictions. Montea Comm. VA is not liable in the event of these restrictions being breached by any person. This notice is not an offer document or prospectus in relation to the offering of securities by Montea Comm. VA.