Hembla notes that Vonovia today, on 7 November 2019, has announced that the acquisition of shares has been completed and that Vonovia now holds 71.69% of the votes and 64.21% of the total number of shares in Hembla.[(1) ]Through the completion of the acquisition of shares, Vonovia holds more than 30% of the votes in Hembla. As such, Vonovia has an obligation under Chapter 3 Section 1 of the Swedish Takeover Act (2006:451) to announce this circumstance and to launch a mandatory cash offer to Hembla's shareholders to transfer the remaining shares in Hembla to Vonovia (the "Offer"). Today's press release published by Vonovia constituted such an announcement. 

For more information about the Offer and its conditions, please see Vonovia's press release published today on 7 November 2019, as well as the complete offer document which is expected to be published on 8 November 2019. These documents will be made available on the Offer section of Vonovia's webpage: https://en.vonovia-h.de/websites/1033_ma/English/1000/announcements.html.

The independent bid committee will evaluate the Offer and intends to revert with its statement regarding the Offer and reasons therefor no later than two weeks prior to the expiry of the acceptance period for the Offer. The acceptance period is expected to commence on 11 November 2019 and end on 9 December 2019.

Stockholm on 7 November 2019                
Hembla AB (publ)               
The board of directors

[(1) ]Based on a total of 92,924,306 outstanding shares in the Company.

For further information, please contact

Patrick Forslund, board member and chairman of the independent committee, phone +46 720 62 60 54

The information was released for publication on 7 November 2019 at 17.30 (CET).