DGAP-News: Vonovia SE / Key word(s): Change of Personnel
07.09.2017 / 14:00
The issuer is solely responsible for the content of this announcement.
Prof. Ernst Elected as Chairman of the Supervisory Board of Vonovia SE
Bochum, September 7, 2017 - Today, the Supervisory Board of Vonovia SE has elected the current Acting Chairman of the Supervisory Board, Prof. Edgar Ernst, as its Chairman until the next scheduled Supervisory Board elections in May 2018. The election became necessary when Dr. Wulf H. Bernotat - who has since passed away - stepped down.
Rolf Buch, Chief Executive Officer of Vonovia: "I am pleased that Prof. Ernst will be chairing the Supervisory Board until the new elections at the next Annual General Meeting. Prof. Ernst has been with the company since the IPO in 2013 and is exceptionally well regarded."
Prof. Klaus Rauscher will be the new Deputy Chairman of the Supervisory Board. The next scheduled election of the Supervisory Board of Vonovia will be held at the Annual General Meeting on May 9, 2018.
The Supervisory Board of Vonovia SE is as follows: Prof. Edgar Ernst (Chair), Prof. Klaus Rauscher (Deputy Chair), Burkhard Ulrich Drescher, Dr. Florian Funck, Dr. Ute Geipel-Faber, Hendrik Jellema, Daniel Just, Hildegard Müller, Dr. Ariane Reinhart, Clara-Christina Streit and Christian Ulbrich.
Vonovia SE is Germany's leading nationwide residential real estate company. Vonovia currently owns and manages around 355,000 residential units in all of Germany's attractive cities and regions. Its portfolio is worth approximately EUR 30.8 billion. As a modern service company, Vonovia focuses on customer orientation and tenant satisfaction. Offering tenants affordable, attractive and livable homes is a prerequisite for the company's successful development. Accordingly, Vonovia makes long-term investments in the maintenance, modernization and senior-friendly conversion of its properties. The company will also be creating more and more new apartments by realizing infill developments and adding to existing buildings.
The company, which is based in Bochum, has been listed on the stock exchange since 2013 and on the DAX 30 since September 2015. Vonovia SE is also listed on the international indices STOXX Europe 600, MSCI Germany, GPR 250 and EPRA/NAREIT Europe. Vonovia has a workforce of approximately 8,300 employees.
Approval: Regulated Market/Prime Standard, Frankfurt Stock Exchange
Common code: 094567408
Registered headquarters of Vonovia SE: Düsseldorf, Germany, Düsseldorf Local Court, HRB 68115
Business address of Vonovia SE: Philippstrasse 3, 44803 Bochum, Germany
This press release has been issued by Vonovia SE and/or its subsidiaries solely for information purposes. This press release may contain statements, assumptions, opinions and predictions about the anticipated future development of Vonovia ("forward-looking statements") that reproduce various assumptions regarding, e.g., results derived from Vonovia's current business or from publicly available sources that have not been subject to an independent audit or in-depth evaluation by Vonovia and that may turn out to be incorrect at a later stage. All forward-looking statements express current expectations based on the current business plan and various other assumptions and therefore come with risks and uncertainties that are not insignificant. All forward-looking statements should not therefore be taken as a guarantee for future performance or results and, furthermore, do not necessarily constitute exact indicators that the forecast results will be achieved. All forward-looking statements relate solely to the day on which this press release was issued to its recipients. It is the responsibility of the recipients of this press release to conduct a more detailed analysis of the validity of forward-looking statements and the underlying assumptions. Vonovia accepts no responsibility for any direct or indirect damages or losses or subsequent damages or losses, as well as penalties that the recipients may incur by using the press release, its contents and, in particular, all forward-looking statements or in any other way, as far as this is legally permissible. Vonovia does not provide any guarantees or assurances (either explicitly or implicitly) in respect of the information contained in this press release. Vonovia is not obliged to update or correct the information, forward-looking statements or conclusions drawn in this press release or to include subsequent events or circumstances or to report inaccuracies that become known after the date of this press release.
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