RWE AG

Share Issue/Capital Change • Sep 22, 2016

News Details

Ad-hoc | 22 September 2016 21:13

RWE Aktiengesellschaft: Executive Board and Supervisory Board committee determine price range and offer structure for IPO of innogy SE

RWE Aktiengesellschaft / Key word(s): IPO

22.09.2016 21:13

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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The Executive Board of RWE Aktiengesellschaft together with the Management
Board of innogy SE with the approval of the responsible Supervisory Board
committees of the companies determined the price range for shares of innogy
SE to be offered in the IPO to range from Euro 32 to Euro 36. The share
capital of innogy SE amounts to Euro 1,000,000,000 and is divided into
500,000,000 ordinary bearer shares with no par value. The offering consists
of 55,555,000 newly issued shares from a capital increase still to be
carried out. In addition, it has been determined that in the course of the
IPO existing shares held by RWE Downstream Beteiligungs GmbH, a
wholly-owned subsidiary of RWE Aktiengesellschaft, will be offered. The
basis volume of the innogy SE shares to be sold by RWE Downstream
Beteiligungs GmbH amounts to 45,455,000 shares and a potential additional
volume amounts to 25,252,000 shares. In addition it has been determined
that under possible stabilization measures up to 12,626,200 additional
existing shares in the Company held by RWE Downstream Beteiligungs GmbH may
be allotted.
As part of the offering, innogy SE shares in an aggregate investment amount
of EUR 940 million from the holdings of RWE Downstream Beteiligungs GmbH
will be acquired by funds and accounts under management by direct and
indirect investment management subsidiaries of BlackRock, Inc., Delaware,
USA (together the "Cornerstone Investors") in a private placement. The
Cornerstone Investors have agreed, subject to certain termination rights
and the condition precedent of the closing of the offering, to purchase
innogy SE shares at the offer price determined in the IPO. The Cornerstone
Investors have been guaranteed full allocation of such number of innogy SE
shares for which they have provided a purchase commitment.

The Executive Board

Disclosed by Dr. Claudia Mayfeld, Head of Group Legal & Compliance

22.09.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language: English
Company: RWE Aktiengesellschaft
Opernplatz 1
45128 Essen
Germany
Phone: +49 (0)201-12-15025
Fax: +49 (0)201-12-15265
E-mail: invest@rwe.com
Internet: www.rwe.com
ISIN: DE0007037129, DE0007037145, , Weitere ISINs von Fremdkapital-
und Hybridanleihen sind unter
http://www.rwe.com/web/cms/de/1775762/rwe/investor-relations
/anleihen/finanzierungsinstrumente/rwe-anleihen-im-ueberblic
k/, aufgelistet.,
WKN: 703712, 703714, , Weitere WKNs von Fremdkapital- und Hybridanleihen sind unter http://www.rwe.com/web/cms/de/1775762/rwe/investor-relations/anleihen/finanzierungsinstrumente/rwe-anleihen-im-ueberblick/ aufgelistet.
Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard);
Regulated Unofficial Market in Berlin, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange; Luxemburg

End of Announcement DGAP News-Service

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