BHF BANK SELLS SHARES IN Q-PARK
BHF Bank has sold its shares in the European parking company Q-Park. The shares have been acquired by four other Q-Park shareholders, i.e. TKP Pensioen, RUPA, Reaal and Interpolis (via its pension funds in the housing, retail, foodstuffs and agriculture sectors), which have exercised their rights of pre-emption.
“BHF Bank’s decision to sell its shares in Q-Park is related to a change in the bank’s policy. The fact that four other shareholders have decided to exercise their rights of pre-emption reaffirms our confidence in the company and the strategy we pursue. The transaction involves a sum of over EUR 28 million. Our shareholders are interested in the long term and recognise the potential of the European parking market, in which growth is expected to continue. As a parking company, we focus on long-term positions in European cities, and that gives us a common interest,” according to Ward Vleugels, chairman of Q-Park’s Executive Board.
Q-Park is one of the top five companies in the European parking sector. It owns, operates and manages car parks or combines these activities. The company has expanded rapidly in recent years and now claims a sizeable share of the Dutch, Belgian, French, German, British and Irish parking markets. Q-Park has more than 1,650 employees and almost 200,000 parking spaces in Europe.
Q-Park’s shareholders are:
ING Vastgoed Fondsbelegging BV, ING Vastgoed Ontwikkeling BV, Stichting Pensioenfonds ABP, TKP Pensioen, Delta Lloyd, Rupa BV, Reaal Levensverzekeringen, Entero BV, Interpolis Pensioenen (on behalf of Stichting Bedrijfstak Pensioenfonds voor de Detailhandel, Stichting Pensioenfonds Wonen, Stichting BPF voor het Levensmiddelenbedrijf and Stichting Bedrijfspensioenfonds voor de Landbouw), Rabobank Pensioenfonds, NV Interpolis BTL and Stichting Pensioenfonds ING.
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For more information, please contact:
Q-Park NV
Mr E.J.M. Vleugels, Chairman of the Executive Board
Telephone: +31 (0) 43 329 71 71
