Change in the Supervisory Board of LEG Immobilien AG
Our Supervisory Board member Ms Natalie Hayday has resigned from the Supervisory Board of LEG Immobilien AG with effect from the end of 6 January 2021 and will not take up her Supervisory Board mandate at the future LEG Immobilien SE. She stepped down by agreement with the Supervisory Board due to other professional activities.
The Management Board of LEG Immobilien AG acknowledged and accepted Ms Hayday’s resignation with regret. The Management Board and Supervisory Board of LEG Immobilien AG would like to express their gratitude to Ms Hayday for the many years of good cooperation and her valuable contributions to LEG’s development and wish her all the best for the future.
At the Annual General Meeting in May 2021, the Supervisory Board intends to propose the election of another female member with corresponding professional qualifications as a successor for Ms Hayday.
With around 145,000 rental properties and approximately 400,000 residents, LEG is one of Germany’s leading listed housing companies. The company has seven branch offices in its heartland in North Rhine-Westphalia and is represented by local personal contacts at selected locations in other western German states. LEG generated income of around EUR 809 million from its core rental and lease business in the 2019 financial year. As part of the new construction campaign it launched in 2018, LEG wishes to make a social contribution towards creating both privately financed and publicly subsidised housing and to build or acquire at least 500 new apartments per year from 2023 onwards.
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This publication constitutes neither a solicitation to buy nor an offer to sell securities. To the extent that we express forecasts or expectations or make forward-looking statements in this document, these statements can entail known and unknown risks and uncertainties. These statements reflect the intentions, opinions or current expectations and assumptions of LEG Immobilien AG. The forward-looking statements are based on current planning, estimates and forecasts, which LEG Immobilien AG has made to the best of its knowledge, but that are not a statement on their future accuracy. Actual results and developments can therefore differ materially from the expectations and assumptions expressed.