Comment in relation to the agreement between Vonovia and Hembla’s largest shareholder Blackstone
Hembla AB (publ) (”Hembla”) has noted that Vonovia, today on 23 September 2019, has announced that Vonovia SE, through its wholly-owned subsidiary HomeStar InvestCo AB (“Vonovia”), has entered into an agreement with Hembla’s largest shareholder Vega Holdco S.à r.l., an entity wholly owned by real estate funds advised by The Blackstone Group Inc. (“Blackstone”), whereby Vonovia acquires approximately 69.30% of the voting rights and approximately 61.19% of the share capital in Hembla, at a price of SEK 215 per share. Through the transaction, Vonovia will become the owner of 6,136,989 class A