SSE PLC

Regulatory Filings • Mar 12, 2018

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 4581H

SSE PLC

12 March 2018

SSE plc

SSE HOUSEHOLD ENERGY SUPPLY AND SERVICES IN GB

SSE has noted the announcement of an 'agreement in principle' between EON SE and RWE AG relating to RWE's stake in innogy SE.

SSE and innogy SE entered into a legally-binding agreement in November 2017 to create a new independent energy supply and services company in Great Britain, subject to the conditions set out in the companies' announcements at that time. One of the conditions was innogy's supervisory board approval which was obtained in December 2017 and the agreement does not include provision relating to change of control. SSE therefore does not believe that its agreement with Innogy should be affected by the EON/RWE agreement.

The transaction agreed by SSE and Innogy SE has so far proceeded in line with their agreement and announcements and is now subject of the CMA process that started in February.

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCJTMATMBMBBTP