MVV Energie AG - M&A Activity 2020

News Details

Ad-hoc | 25 March 2020 07:30

MVV Energie AG: Agreement in principle on the sale of the shareholdings held by EnBW and RheinEnergie

MVV Energie AG / Key word(s): Investment/Agreement

MVV Energie AG: Agreement in principle on the sale of the shareholdings held by EnBW and RheinEnergie

25-March-2020 / 07:30 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.

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

The company confirms that the shareholders EnBW AG and RheinEnergie AG have informed the company to have reached an agreement in principle with a bidder on the sale of their shareholdings in MVV Energie AG amounting to 45.1% in aggregate. The sale process continues to be run in coordination with MVV Energie AG and the city of Mannheim as majority shareholder. The signing is subject to required board, council and regulatory approvals.

Contact:

Philipp Riemen

Head of Department

Finance and Investor Relations

T +49 621 290 16 55

[email protected]

25-March-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.dgap.de


Language:	English
Company:	MVV Energie AG
	Luisenring 49
	68159 Mannheim
	Germany
Phone:	+49 (0)621 290-37 08
Fax:	+49 (0)621 290-30 75
E-mail:	[email protected]
Internet:	www.mvv.de
ISIN:	DE000A0H52F5
WKN:	A0H52F
Listed:	Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Tradegate Exchange
EQS News ID:	1006181