18.06.2018
Vonovia SE DE000A1ML7J1
DGAP-Adhoc: Vonovia SE: Vonovia exceeds 50% acceptance threshold in Victoria Park takeover offer
DGAP-Ad-hoc: Vonovia SE / Key word(s): Mergers & Acquisitions
Vonovia SE: Vonovia exceeds 50% acceptance threshold in Victoria Park
takeover offer
18-Jun-2018 / 21:40 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO
OR FROM ANY OTHER JURISDICTION WHERE TO DO SO WOULD VIOLATE THE LAWS OF SUCH
JURISDICTION
Public disclosure of inside information according to Article 17 para. 1 of
the Regulation (EU) No 596/2014 on market abuse
*** Mergers and Acquisitions ***
Vonovia SE: Vonovia exceeds 50% acceptance threshold in Victoria Park
takeover offer
Bochum, 18 June 2018
Vonovia SE has exceeded the minimum acceptance threshold set as condition
for closing of the takeover bid for Victoria Park AB of more than 50% of the
voting rights (on a fully diluted basis and taking into account existing
call options) based on the acceptance declarations received by the end of
the acceptance period at 5:00 p.m. today. All conditions for completion of
the offer have thus been satisfied and Vonovia will complete the offer.
Based on the preliminary calculations, shares representing at least 46% of
the voting rights in Victoria Park have been tendered during the initial
acceptance period. In addition, Vonovia has call options for 12.35% (12.32%
fully diluted) of the voting rights. Hence, upon exercise of the call
options Vonovia will hold at least 58% of the voting rights in Victoria
Park. The final results will be determined on the morning of 21 June 2018
following final calculations of the shares tendered during the initial
acceptance period.
Shareholders who have not yet tendered their shares can still do so in the
additional acceptance period that runs until 3 July 2018.
The settlement of the offer for the shares already tendered is expected to
take place on or about 28 June 2018.
Important Information
The Offer referred to in this ad hoc announcement is not being made to
persons whose participation in the Offer requires that any additional offer
document is prepared or registration effected or that any other measures are
taken in addition to those required under Swedish law.
This ad hoc announcement is not being published in or distributed to or into
and must not be mailed or otherwise distributed or sent in or into any
country in which the distribution or offering would require any such
additional measures to be taken or would be in conflict with any law or
regulation in such country. Persons who receive this ad hoc announcement
(including, without limitation, nominees, trustees and custodians) and are
subject to the law of any such jurisdiction will need to inform themselves
about, and observe, any applicable restrictions or requirements. Any failure
to do so may constitute a violation of the securities laws of any such
jurisdiction. Deutsche Annington Acquisition Holding GmbH, to the fullest
extent permitted by applicable law, disclaims any responsibility or
liability for the violations of any such restrictions by any person. Any
purported acceptance of the Offer resulting directly or indirectly from a
violation of these restrictions may be disregarded. The Offer is not being
made and will not be made, directly or indirectly, in or into, Australia,
Canada, Hong Kong, Japan, New Zealand or South Africa or by use of mail or
any other means or instrumentality of interstate or foreign commerce, or of
any facilities of a national securities exchange, of Australia, Canada, Hong
Kong, Japan, New Zealand or South Africa. This includes, but is not limited
to facsimile transmission, electronic mail, telex, telephone, the internet
and other forms of electronic transmission. The Offer cannot be accepted and
shares may not be tendered in the Offer by any such use, means,
instrumentality or facility of, or from within Australia, Canada, Hong Kong,
Japan, New Zealand or South Africa or by persons located or resident in
Australia, Canada, Hong Kong, Japan, New Zealand or South Africa.
Accordingly, this ad hoc announcement and any documentation related to the
Offer are not being and should not be mailed or otherwise transmitted,
distributed, forwarded or sent in or into Australia, Canada, Hong Kong,
Japan, New Zealand or South Africa or to any Australian, Canadian, Hong
Kong, Japanese, New Zealand or South African persons or any persons located
or resident or with a registered address in Australia, Canada, Hong Kong,
Japan, New Zealand or South Africa. Banks, brokers, dealers and other
nominees holding shares for persons in Australia, Canada, Hong Kong, Japan,
New Zealand or South Africa must not forward this ad hoc announcement or any
other document received in connection with the Offer to such persons.
In connection with the Offer, an offer document has been filed with and
published by the Swedish Financial Supervisory Authority. Shareholders of
Victoria Park AB should read the offer document carefully, since it contains
important information about the transaction. Shareholders of Victoria Park
AB may obtain free copies of the offer document, any amendments or
supplements thereto and other documents containing important information
about the transaction, from Vonovia's website ( http://en.vonovia-k.de).
To the extent this ad hoc announcement contains forward-looking statements,
such statements do not represent facts and are characterized by the words
"will", "expect", "believe", "estimate", "intend", "aim", "assume" or
similar expressions. Such statements express the intentions, opinions or
current expectations and assumptions of Vonovia, for example with regard to
the potential consequences of the Offer for Victoria Park AB, for those
shareholders of Victoria Park AB who choose not to accept the Offer or for
future financial results of Victoria Park AB. Such forward-looking
statements are based on current plans, estimates and forecasts which Vonovia
has made to the best of its knowledge, but which do not claim to be correct
in the future. Forward-looking statements are subject to risks and
uncertainties that are difficult to predict and usually cannot be influenced
by Vonovia. It should be kept in mind that the actual events or consequences
may differ materially from those contained in or expressed by such
forward-looking statements.
Contact:
Vonovia SE
Rene Hoffmann
Head of Investor Relations
Telephone: +49(0)234 314 - 1629
[email protected]
Vonovia SE
Klaus Markus
Head of Corporate Communications
Telephone +49(0)234 314 - 1149
[email protected]
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18-Jun-2018 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Vonovia SE
Universitätsstraße 133
44803 Bochum
Germany
Phone: +49 234 314 1609
Fax: +49 234 314 2995
E-mail: [email protected]
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
End of Announcement DGAP News Service
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696405 18-Jun-2018 CET/CEST
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