Vonovia SE / DE000A1ML7J1

Vonovia SE: Initiation of the process to conclude a domination and profit and loss transfer agreement between Vonovia SE and Deutsche Wohnen SE

EQS-Ad-hoc: Vonovia SE / Key word(s): Letter of Intent


18-Sep-2024 / 18:31 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

---

Bochum, 18 September 2024 Initiation of the process to conclude a domination and profit and loss transfer agreement between Vonovia SE and Deutsche Wohnen SE Vonovia SE (“Vonovia”) and Deutsche Wohnen SE (“Deutsche Wohnen”) agreed today to enter into discussions on the conclusion of a domination and profit and loss transfer agreement pursuant to section 291 of the German Stock Corporation Act (Aktiengesetz) between Vonovia as the controlling company and Deutsche Wohnen as the controlled company and to initiate the necessary preparatory measures. The domination and profit and loss transfer agreement will include an offer by Vonovia to the minority shareholders of Deutsche Wohnen to acquire their shares in exchange for newly issued shares of Vonovia, and provide for an annual compensation payment for the duration of the agreement. Vonovia and Deutsche Wohnen will determine the final details of the provisions regarding the exchange offer and the annual compensation payment under the agreement in accordance with legal requirements. Vonovia expects that extraordinary general meetings of Vonovia and Deutsche Wohnen will be asked to vote to approve the conclusion of this agreement in December 2024.
  *** Forward-looking statements contained in this release are not statements of fact and are characterised by the words "expect", "believe", "estimate", "intend", "aim", "assume" and similar expressions. These statements express the intentions, opinions or current expectations and assumptions of Vonovia SE. Such forward-looking statements are based on current plans, estimates and forecasts that Vonovia SE has made to the best of its knowledge, but make no statement as to their If forward-looking statements are contained in this document, they do not represent facts and are characterised by the words "will", "expect", "believe", "estimate", "intend", "aim", "assume" and similar expressions. These statements express the intentions, opinions or current expectations and assumptions of Vonovia SE. Such forward-looking statements are based on current plans, estimates and forecasts that Vonovia SE has made to the best of its knowledge, but make no statement as to their future accuracy (this applies in particular to matters that are beyond Vonovia SE's control). Forward-looking statements are subject to risks and uncertainties that are difficult to predict and are usually beyond Vonovia SE's control. It should be noted that actual future results or outcomes may differ materially from those expressed or implied by such forward-looking statements. It cannot be ruled out that Vonovia SE will change its intentions and estimates as expressed in documents or communications after publication.   Contact:

Vonovia SE
Rene Hoffmann
Head of Investor Relations
Telephone: [phone] - 1629
[e-mail]

 

End of Inside Information

---

18-Sep-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

---

Language:	English
Company:	Vonovia SE
	Universitätsstraße 133
	44803 Bochum
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.vonovia.de
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:	1989987

End of Announcement	EQS News Service

---

1989987  18-Sep-2024 CET/CEST