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DGAP-News: Vonovia SE
/ Key word(s): AGM/EGM
THE INFORMATION CONTAINED IN THIS DOCUMENT IS NOT SUITABLE FOR COMPLETE OR PARTIAL PUBLICATION OR DISCLOSURE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, JAPAN OR OTHER COUNTRIES WHERE SUCH PUBLICATION OR DISCLOSURE WOULD CONSTITUTE A VIOLATION OF APPLICABLE LEGAL PROVISIONS. THIS PUBLICATION IS NEITHER AN OFFER TO BUY OR SELL NOR AN INVITATION TO TENDER AN OFFER TO BUY OR SELL SHARES. Vonovia SE Shareholders approve €1.66 dividend at Annual General Meeting - Vonovia holds AGM online - Renewed offer of a scrip dividend - Jürgen Fenk and Matthias Hünlein elected to the Supervisory Board - Jürgen Fitschen: "To master the challenges that lie ahead, we need plenty of strength and courage in finding the right solutions. Vonovia is making its contribution and accepting responsibility." - Rolf Buch: "Our business model puts us in a good position to respond to changing circumstances." Bochum, 29 April 2022 - At today's Annual General Meeting, the shareholders of Vonovia SE ("Vonovia") approved all the proposed resolutions submitted by the Supervisory Board and the Management Board with the required majority. They also discharged both bodies for the 2021 financial year with a large majority (Supervisory Board: 98.03% of votes, Management Board: 99.87%). The dividend proposed by the Supervisory Board and the Management Board was accepted at the AGM by a large majority. Vonovia will be paying out a €1.66 dividend for the 2021 financial year, a dividend that is effectively €0.08 higher than last year due to the larger number of shares resulting from the capital increase. As before, shareholders can opt for receiving a scrip dividend instead of a classic cash dividend. Macroeconomics and transition to sustainable energies "After two years of pandemic, we were hoping our lives would gradually return to normal. However, at the end of February, we were suddenly struck by the horrors of war in Ukraine. Millions of people are fleeing to save their lives. The whole of Europe is helping and moving closer together than anyone thought possible," said Jürgen Fitschen, Chairman of the Supervisory Board. "To master the challenges that lie ahead, we need plenty of strength and courage in finding the right solutions. Vonovia is making its contribution and accepting responsibility, as we provide homes that are both affordable and age-appropriate, while also creating additional housing that is so urgently needed." Rolf Buch, Vonovia's Chief Executive Officer, also expressed his sadness about the war: "We are profoundly concerned about people in Ukraine and the children, women and men who have had to give up their homes. We are doing our best to support them in finding new and safe homes with us." Buch continued to say: "During times of change, it's important to be flexible, and our business model puts us in a good position to respond to changing circumstances. Our financing structure enables us to operate as a business, and we've got a unique online management platform." "When there's a housing shortage, we create housing. We are also advancing the transition to sustainable energies in our neighbourhoods. The carbon regulations have been translated into our climate roadmap, and we are continually testing hydrogen and heat pumps in our operations. Furthermore, we've been modernising flats to make them barrier-free for the elderly," said Buch. Changes on the Supervisory Board and contract renewals on the Management Board In the first quarter of 2022, CEO Rolf Buch's contract was renewed early until 2028. Likewise, the contract of Arnd Fittkau, CRO for the operational business at Vonovia, was extended up to and including May 2027. Online AGM to ensure protection from Covid As previously, the shareholders followed the Annual General Meeting in a live stream. Shareholders were welcome to submit their questions before the meeting, by 27 April - for the first time also in the form of pre-recorded video messages. They were able to exercise their voting rights both in advance and during the AGM, either voting by letter or authorizing the company's proxies. This corresponded to 72.48% of the share capital. The Supervisory Board of Vonovia SE has the following members: Jürgen Fitschen (Chairman), Prof. Dr. Edgar Ernst (Deputy Chairman), Vitus Eckert, Jürgen Fenk, Dr. Florian Funck, Dr. Ute Geipel-Faber, Matthias Hünlein, Daniel Just, Hildegard Müller, Dr. Ariane Reinhart, Clara-Christina Streit and Christian Ulbrich. The Management Board of Vonovia SE has the following members: Rolf Buch (CEO), Arnd Fittkau (CRO), Philip Grosse (CFO), Mag. Daniel Riedl (Development and Austria) and Helene von Roeder (CTO). The detailed voting results of the Annual General Meeting will be published at . Supplementary material on the Annual General Meeting is also available at .
About Vonovia The company, which is based in Bochum, has been listed on the stock exchange since 2013. Since September 2015 Vonovia has been a constituent in the DAX 30 (today DAX 40) and since September 2020 in the EURO STOXX 50. Vonovia SE is also a constituent of additional national and international indices, including DAX 50 ESG, Dow Jones Sustainability Index Europe, STOXX Global ESG Leaders, EURO STOXX ESG Leaders 50, STOXX Europe ESG Leaders 50, FTSE EPRA/NAREIT Developed Europe, and GPR 250 World. Vonovia has a workforce of approximately 16,000 employees.
29.04.2022 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: | 1339971 |
| End of News | DGAP News Service |
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1339971 29.04.2022
