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EVN AG
ISIN: AT0000741053
WKN: 878279
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EVN AG · ISIN: AT0000741053 · EQS - Company News (38 News)
Country: Austria · Primary market: Austria · EQS NID: 1110733
05 August 2020 04:45PM

EVN AG: Wiener Stadtwerke GmbH acquires EnBW's 28.4% stake in EVN AG


DGAP-News: EVN AG / Key word(s): Miscellaneous
EVN AG: Wiener Stadtwerke GmbH acquires EnBW's 28.4% stake in EVN AG

05.08.2020 / 16:45
The issuer is solely responsible for the content of this announcement.


New shareholder structure of EVN AG:

- 51.0% NÖ Landesbeteiligungsholding GmbH

- 28.4% Wiener Stadtwerke GmbH

- 20.6% free float (incl. 1.0% treasury shares)


EVN AG announces that, according to information provided by Wiener Stadtwerke GmbH and EnBW Trust e.V., all requirements to implement the share purchase agreement concluded by these two companies on 5 March 2020, in particular the non-prohibition by the federal competition authority, have now been met and the transaction was closed today. As a result, Wiener Stadtwerke GmbH has acquired 51,000,000 EVN shares from EnBW Trust e.V. and is now the second largest shareholder of EVN AG with a stake of 28.4%.

The remaining shareholder structure of EVN AG is not affected by this transaction: In accordance with federal and provincial constitutional law, the province of Lower Austria is the majority shareholder of EVN AG through NÖ Landesbeteiligungsholding GmbH with a stake of 51.0%. In addition to the treasury shares held by EVN AG, which represent 1.0% of the company's share capital, free float equals 19.6%.

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.



05.08.2020 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: info@evn.at
Internet: www.evn.at
ISIN: AT0000741053
WKN: 074105
Indices: ATX
Listed: Foreign Exchange(s) Vienna Stock Exchange (Official Market)
EQS News ID: 1110733

 
End of News DGAP News Service

1110733  05.08.2020 

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+49 (0) 89 444 430-000

 

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