DGAP-Adhoc
EVN AG: Agreement on the sale of the sodium hypochlorite plant in Moscow
EVN AG / Key word(s): Agreement
29.10.2014 21:08
Dissemination of an Ad hoc announcement, transmitted by DGAP - a service of
EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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EVN AG reached an agreement with the government of the city of Moscow
regarding the sale of the Moscow sodium hypochlorite plant pursuant to
which Mosvodokanal, the water supply and waste water disposal company of
the city of Moscow, will take over the sodium hypochlorite plant from the
project company of EVN AG, WTE Projektgesellschaft Natriumhypochlorit mbH.
The sales price of EUR 250 million corresponds to the investment costs,
including expected earnings contributions, of EVN Group. The sale of the
sodium hypochlorite plant is subject to certain closing conditions being
met.
Upon completion of the sale of the Moscow sodium hypochlorite plant, EVN AG
will withdraw its notification of damages vis-à-vis the Federal Republic of
Germany. The notification of the damage claim was filed on account of the
guarantee for direct investments by the Federal Republic of Germany, as
reported by means of an ad-hoc announcement on February 7, 2014, including
associated developments, which were reported on September 4, 2014.
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Information and Explaination of the Issuer to this News:
LEGAL NOTICE
THIS AD-HOC ANNOUNCEMENT CONSTITUTES NEITHER AN OFFER TO SELL NOR A
SOLICITATION TO BUY ANY SECURITIES OF EVN AG.
THIS AD-HOC ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN ARE NOT FOR
DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA AND MUST NOT BE
DISTRIBUTED TO U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE U.S.
SECURITIES ACT OF 1933, AS AMENDED ('SECURITIES ACT')) OR TO PUBLICATIONS
WITH A GENERAL CIRCULATION IN THE UNITED STATES. THIS AD-HOC ANNOUNCEMENT
DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO
PURCHASE ANY SECURITIES IN THE UNITED STATES. THE SECURITIES HAVE NOT BEEN
AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT AND MAY NOT BE OFFERED,
SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO U.S. PERSONS ABSENT
REGISTRATION UNDER OR AN APPLICABLE EXEMPTION FROM THE REGISTRATION
REQUIREMENTS OF THE SECURITIES ACT.
29.10.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: EVN AG
EVN Platz
2344 Maria Enzersdorf
Austria
Phone: +43-2236-200-12294
Fax: +43-2236-200-82294
E-mail: info@evn.at
Internet: www.evn.at
ISIN: AT0000741053
WKN: 074105
Indices: ATX
Listed: Wien (Amtlicher Handel / Official Market)
End of Announcement DGAP News-Service
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regarding the sale of the Moscow sodium hypochlorite plant pursuant to
which Mosvodokanal, the water supply and waste water disposal company of
the city of Moscow, will take over the sodium hypochlorite plant from the
project company of EVN AG, WTE Projektgesellschaft Natriumhypochlorit mbH.
The sales price of EUR 250 million corresponds to the investment costs,
including expected earnings contributions, of EVN Group. The sale of the
sodium hypochlorite plant is subject to certain closing conditions being
met.
Upon completion of the sale of the Moscow sodium hypochlorite plant, EVN AG
will withdraw its notification of damages vis-à-vis the Federal Republic of
Germany. The notification of the damage claim was filed on account of the
guarantee for direct investments by the Federal Republic of Germany, as
reported by means of an ad-hoc announcement on February 7, 2014, including
associated developments, which were reported on September 4, 2014.
---------------------------------------------------------------------------
Information and Explaination of the Issuer to this News:
LEGAL NOTICE
THIS AD-HOC ANNOUNCEMENT CONSTITUTES NEITHER AN OFFER TO SELL NOR A
SOLICITATION TO BUY ANY SECURITIES OF EVN AG.
THIS AD-HOC ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN ARE NOT FOR
DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA AND MUST NOT BE
DISTRIBUTED TO U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE U.S.
SECURITIES ACT OF 1933, AS AMENDED ('SECURITIES ACT')) OR TO PUBLICATIONS
WITH A GENERAL CIRCULATION IN THE UNITED STATES. THIS AD-HOC ANNOUNCEMENT
DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO
PURCHASE ANY SECURITIES IN THE UNITED STATES. THE SECURITIES HAVE NOT BEEN
AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT AND MAY NOT BE OFFERED,
SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO U.S. PERSONS ABSENT
REGISTRATION UNDER OR AN APPLICABLE EXEMPTION FROM THE REGISTRATION
REQUIREMENTS OF THE SECURITIES ACT.
29.10.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: EVN AG
EVN Platz
2344 Maria Enzersdorf
Austria
Phone: +43-2236-200-12294
Fax: +43-2236-200-82294
E-mail: info@evn.at
Internet: www.evn.at
ISIN: AT0000741053
WKN: 074105
Indices: ATX
Listed: Wien (Amtlicher Handel / Official Market)
End of Announcement DGAP News-Service
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