PRESS RELEASE
from EVN AG (isin : AT0000741053)
EQS-Adhoc: EVN AG: EVN decides to commence a structured bidder process for WTE
EQS-Ad-hoc: EVN AG / Key word(s): Investment/Disposal
EVN AG: EVN decides to commence a structured bidder process for WTE
18-Sep-2023 / 09:26 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The Management Board of EVN AG (EVN) has just decided to commence a structured bidder process for WTE Wassertechnik GmbH (WTE), which represents EVN’s international project business as reported in its environmental segment. The structured bidder process is aimed at identifying investors who will fully acquire WTE and support its future development while EVN intends to continue to focus on its core business in the energy sector.
A transaction would, in particular, be subject to the approval of various business partners of WTE in connection with its infrastructure projects, an agreement with an investor on the commercial transaction parameters as well as on the transaction documents, the approval by the Management Board and the Supervisory Board of EVN and approvals by authorities.
Contact:
Gerald Reidinger
Head of Controlling and Investor Relations
Phone: +43 2236 200-12698
E-mail: investor.relations@evn.at
Stefan Zach
Head of Information and Communication
Phone: +43 2236 200-12294
E-mail: stefan.zach@evn.at
A transaction would, in particular, be subject to the approval of various business partners of WTE in connection with its infrastructure projects, an agreement with an investor on the commercial transaction parameters as well as on the transaction documents, the approval by the Management Board and the Supervisory Board of EVN and approvals by authorities.
Contact:
Gerald Reidinger
Head of Controlling and Investor Relations
Phone: +43 2236 200-12698
E-mail: investor.relations@evn.at
Stefan Zach
Head of Information and Communication
Phone: +43 2236 200-12294
E-mail: stefan.zach@evn.at
End of Inside Information
18-Sep-2023 CET/CEST News transmitted by EQS Group AG. www.eqs.com
| 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: | Vienna Stock Exchange (Official Market) |
| EQS News ID: | 1727839 |
| End of Announcement | EQS News Service |
1727839 18-Sep-2023 CET/CEST