Federal Government, Uniper SE ^
DGAP-Ad-hoc: Uniper SE / Keywords: Various
Uniper SE: Agreement on the Uniper stabilization package
07/22/2022 / 11:44 CET / CEST
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Publication of confidential information pursuant to Art. 17 of the Regulation
(EU) No 596/2014, provided by DGAP – EQS Group AG service.
The issuer / publisher is responsible for the content of the application.
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The federal government, Uniper SE (“Uniper”) and Fortum Oyj (“Fortum”) have
a stabilization package for Uniper was agreed today. This
The stabilization package provides for a capital increase of approximately EUR 267 million
at the issue price of EUR 1.70 per share, excluding subscription rights
shareholders before. The capital increase is carried out exclusively by the federal government
subscribes to and leads to approximately 30% federal stake in Uniper
(after the capital increase).
In addition, a mandatory convertible instrument up to EUR 7.7
Billions to be spent on the federal government. The issue is in tranches,
to the extent required by Uniper’s liquidity needs. Exchange price for
Converted stocks have a discount of 25% to 50%
the market price of Uniper shares over a specified period of time
implementation of conversion.
Fortum obtains an option to sell part of the obligatory conversion instrument from:
buy a covenant. The acquisition takes place in exchange for a transfer
Claim for a EUR 4 billion loan from Fortum Uniper
granted and paid for. The purchase is limited to one amount
up to EUR 4 billion of obligatory convertible instrument issued
but in no case more than 70% of the amount spent
mandatory conversion instrument.
The KfW loan granted to Uniper is to be increased from EUR 2 billion to EUR 9
Billions have grown and destiny has expanded. this
The federal government made it clear to Uniper during the negotiations that from 1
October 2022 overall 90% transfer mechanism
Replacement purchase costs for all importers as a result of Russian gas cuts
must be entered. This was used as an assumption on the concept sheet
and the amount of the stabilizing measure was based on this assumption
calibrated. The agreement stipulates that the federal government will be on
further support is available if losses are due
Substitute purchases that do not result from operating profits from others
business areas can be compensated for the amount of EUR 7
to exceed a billion.
Stabilization measures are subject to, inter alia,
Withdrawal of Uniper’s action against the Netherlands in connection with
Energy Charter Treaty (ECT), regulatory
Approval, in particular approval of EU subsidies
Commission and confirmation of Uniper’s investment rating
by S&P Global Ratings.
Uniper will convene an Extraordinary General Meeting to
Get shareholders’ approval for stabilization measures.
Uniper will lead the investor and the conference call at 14:00 CET
Klaus-Dieter Maubach (CEO) and Tiina Tuomela (CFO) on the agreed
Stabilization package offer. A link to the webcast can be found at
ir.uniper.energia. The presentation will be available online soon
placed.
Contact:
Reporting person:
Dr. Sascha Fehlmann
Senior Vice President of Corporate Legal Affairs
Contact for investors and analysts:
Stephen Jost
Vice president
Group Finance and Investor Relations
Uniper SE
Holzstraße 6
40221 Düsseldorf
Phone +49 211 4579 8200
Fax +49 211 4579 2022
e-mail [email protected]
Press contact:
George Oppermann
senior vice president
External communication and communication regarding sustainable development
Uniper SE
Holzstraße 6
40221 Düsseldorf
Phone +49 211 4579 5532
Mobile +49 178 439 48 47
e-mail [email protected]
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07/22/2022 CET / CEST DGAP distribution services include statutory
reporting requirements, corporate / financial news and press releases.
Media archive at http://www.dgap.de
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German
Company: Uniper SE
Holzstraße 6
40221 Düsseldorf
Germany
Telephone: +49 211 73 275 0
Fax: +49 211 4579 2022
E-mail: [email protected]
Internet: www.uniper.energy
ISIN: DE000UNSE018, DE000UNSE1V6
WKN: UNSE01, UNSE1V
Indices: MDAX
Exchanges: Regulated market in Frankfurt (Prime Standard);
Open market in Berlin, Dusseldorf, Hamburg, Hannover,
Munich, Stuttgart, Tradegate Exchange
EQS NewsID: 1403769
End of news DGAP news service
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1403769 07/22/2022 CET / CEST
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