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EVN AG M&A Activity 2020

Mar 5, 2020

742_rns_2020-03-05_15803621-3591-433c-b9a7-bc5fbb40f993.html

M&A Activity

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News Details

Corporate | 5 March 2020 13:33

EVN AG: Wiener Stadtwerke and EnBW conclude a purchase agreement for the acquisition of EVN shares held by EnBW

DGAP-News: EVN AG / Key word(s): Miscellaneous

05.03.2020 / 13:33

The issuer is solely responsible for the content of this announcement.

With reference to the notification received today that Wiener Stadtwerke GmbH and EnBW Trust e.V. have concluded a purchase agreement for the acquisition of a stake in EVN AG, we would like to issue a first statement:

“The Supervisory Board and Executive Board of EVN AG would like to thank the long-time investor EnBW and its representatives for their good cooperation.

In view of the challenges and opportunities related to climate change and the system transformation towards a renewable and secure energy future, EVN, as a listed energy and environmental services provider, welcomes the involvement of Wiener Stadtwerke GmbH as a future shareholder. A stable, long-term shareholder structure with the province of Lower Austria as the majority shareholder creates a sound basis for EVN to master the challenges of the future.”


05.03.2020 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.dgap.de


Language: English
Company: EVN AG
EVN Platz
2344 Maria Enzersdorf
Austria
Phone: +43-2236-200-12294
E-mail: [email protected]
Internet: www.evn.at
ISIN: AT0000741053
WKN: 074105
Indices: ATX
Listed: Foreign Exchange(s) Vienna Stock Exchange (Official Market)
EQS News ID: 990405
End of News DGAP News Service

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