BUWOG Transaction

The Annual General Meeting of BUWOG was held in Vienna on October 2, 2018. Vonovia had previously expressed to BUWOG its desire that BUWOG’s Annual General Meeting decide on the transfer of all shares of the minority shareholders to Vonovia. The Annual General Meeting passed a resolution on the transfer of the shares held by the minority shareholders to the main shareholder, Vonovia SE, in return for cash compensation of € 29.05 per share (squeeze-out).