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DGAP-News: Vonovia SE / Key word(s): Real Estate Vonovia exercises call options to become the owner of 91.4% of the shares in Victoria Park - Vonovia exercises call options which represent 10.0% of the total number of shares in Victoria Park - Following the exercise of the call options, Vonovia will control 91.4% of the total number of shares in Victoria Park - Vonovia intends to initiate a compulsory acquisition procedure for the remaining shares in Victoria Park and promote a delisting of Victoria Park Bochum, 15. May 2019 - As announced in connection with the public cash offer to the shareholders of Victoria Park AB (publ) ("Victoria Park") on 3 May 2018, call options agreements were entered into with Danir AB and Ninalpha AB (the "Call Options"), covering in aggregate 10,235,198 ordinary shares of class A and 14,264,946 ordinary shares of class B, which represents 10.0% of the total number of shares and 12.5% of the total number of votes in Victoria Park. The exercise price of the Call Options corresponds to the price paid for the shares in Victoria Park in the public cash offer. Before the exercise of the Call Options, Vonovia through its wholly-owned subsidiaries owned 81.4% of the shares, corresponding to 81.9% of the voting rights, in Victoria Park. As a result of the Call Option exercise, Vonovia will control approximately 91.4% of the total number of shares and 94.4% of the total number of voting rights in Victoria Park. Vonovia intends to initiate a compulsory acquisition procedure in respect of the remaining shares in Victoria Park under the Swedish Companies Act (Sw. aktiebolagslagen (2005:551)). In connection therewith, Vonovia will promote a delisting of Victoria Park. The company, which is based in Bochum, has been listed on the stock exchange since 2013 and on the DAX 30 since September 2015. Vonovia SE is also listed on the international indices STOXX Europe 600, MSCI Germany, GPR 250 and EPRA/NAREIT Europe. Vonovia has a workforce of approximately 10,000 employees. Additional Information: This press release has been issued by Vonovia SE and/or its subsidiaries solely for information purposes. This press release may contain statements, assumptions, opinions and predictions about the anticipated future development of Vonovia ("forward-looking statements") that reproduce various assumptions regarding, e.g., results derived from Vonovia's current business or from publicly available sources that have not been subject to an independent audit or in-depth evaluation by Vonovia and that may turn out to be incorrect at a later stage. All forward-looking statements express current expectations based on the current business plan and various other assumptions and therefore come with risks and uncertainties that are not insignificant. All forward-looking statements should not therefore be taken as a guarantee for future performance or results and, furthermore, do not necessarily constitute exact indicators that the forecast results will be achieved. All forward-looking statements relate solely to the day on which this press release was issued to its recipients. It is the responsibility of the recipients of this press release to conduct a more detailed analysis of the validity of forward-looking statements and the underlying assumptions. Vonovia accepts no responsibility for any direct or indirect damages or losses or subsequent damages or losses, as well as penalties that the recipients may incur by using the press release, its contents and, in particular, all forward-looking statements or in any other way, as far as this is legally permissible. Vonovia does not provide any guarantees or assurances (either explicitly or implicitly) in respect of the information contained in this press release. Vonovia is not obliged to update or correct the information, forward-looking statements or conclusions drawn in this press release or to include subsequent events or circumstances or to report inaccuracies that become known after the date of this press release. Additional features: Document: Document title: Vonovia exercises call options to become the owner of 91.4% of the shares in Victoria Park
15.05.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | Vonovia SE |
| Universitätsstraße 133 | |
| 44803 Bochum | |
| Germany | |
| Phone: | 09 |
| Fax: | 5 |
| E-mail: | |
| Internet: | |
| ISIN: | DE000A1ML7J1 |
| WKN: | A1ML7J |
| Indices: | DAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 811847 |
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| End of News | DGAP News Service |
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811847Â Â 15.05.2019Â
