Hembla AB (publ): Vonovia completes its proposal on board composition to the extraordinary general meeting in Hembla on 15 November 2019
Vonovia's proposal is that the board shall consist of six board members. It is further proposed that the board members which have represented Blackstone, i.e. the chairman of the board of directors James Seppala and the board members Melissa Pianko and Donatella Fanti, are replaced by Rolf Buch, Helene von Roeder and Per Ekelund, for the time until the end of the next annual general meeting. The current board members Patrick Forslund, Fredrik Brodin and Karolina Keyzer, which form the independent bid committee, are proposed to remain as members of the board in Hembla. Vonovia further proposes that Rolf Buch is elected as chairman of the board of directors.
Information regarding the proposed board members is available at Hembla's website, www.hemblagroup.se/en/, including the nomination committee's motivated opinion regarding Vonovia's proposals.
Hembla further notes that Vonovia, today on 8 November 2019, has published the complete offer document regarding the ongoing mandatory cash offer for the shares in Hembla.
Stockholm on 8 November 2019
Hembla AB (publ)
The board of directors
For further information, please contact
Svein Erik Lilleland, CEO, Telephone: +46 (0) 8 121 317 25, E-mail: sel@hembla.se
The information was released for publication on 8 November 2019 at 17.30(CET).