Comment in relation to Vonovia’s announcement that the conditions precedent to acquire approximately 69.30% of the voting rights and appr 61.19% of the share capital in Hembla have been fulfilled
Hembla AB (publ) (“Hembla”) notes that yesterday, on 5 November 2019, Vonovia SE, through its wholly-owned subsidiary HomeStar InvestCo AB, (“Vonovia”), has announced through a press release that the conditions, including competition clearance by the Swedish Competition Authority, set out in the acquisition agreement entered into between Volvia and Vega Holdco S.à r.l. on 23 September 2019, as further described in Vonovia’s and Hembla’s respective press releases on that day, have been fulfilled. Vonovia further announces that the transaction will be fully completed shortly, and that the