Unternehmenszentrale Vonovia
Press Release

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 Vic-toria 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 exer-cise, 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.

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