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Tuesday 22 October, 2019

innogy SE

Release according to sections 40 para. 1, 43 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

DGAP Voting Rights Announcement: innogy SE
innogy SE: Release according to sections 40 para. 1, 43 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

22.10.2019 / 11:40
Dissemination of a Voting Rights Announcement transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


E.ON SE, Essen, Germany informed us on October 18, 2019 pursuant to section 43 (1) WpHG thereby making reference to the exceedance of the threshold of 10% or higher threshold from September 24, 2019, as follows:

By voting rights notification dated 24 September 2019, E.ON SE, Essen, notified that E.ON Verwaltungs SE, Düsseldorf, and its sole shareholder, E.ON Beteiligungen GmbH, Düsseldorf, on 23 September 2019 exceeded the thresholds of 10%, 15%, 20%, 25%, 30%, 50% and 75% of the voting rights in innogy SE in accordance with sections 33, 34 WpHG.

In this context on behalf of E.ON Beteiligungen GmbH and E.ON Verwaltungs SE we inform pursuant to section 43 paragraph 1 sentence 3 WpHG as follows:

1. The acquisition of the voting rights in innogy SE serves to implement strategic objectives.

2. As announced on 4 September 2019 (the relevant announcement by E.ON SE is available at www.dgap.de), the intention is to carry out a merger squeeze-out at innogy SE. E.ON Verwaltungs SE reserves the right to alternatively exclude innogy SE's minority shareholders by means of a squeeze-out pursuant to sections 327a et seq. of the German Stock Corporation Act (aktienrechtlicher Squeeze-out). Therefore, it is planned to acquire further voting rights in innogy SE within the next twelve months.

3. E.ON Verwaltungs SE and E.ON Beteiligungen GmbH, together with their parent company, E.ON SE, intend to be represented in the Supervisory Board and the Executive Board of innogy SE in a manner appropriate to their shareholding in innogy SE. Apart from that, it is intended to carry out a merger squeeze-out at innogy SE that will merge innogy SE into E.ON Verwaltungs SE.

4. Currently no material change in the capital structure of innogy SE, in particular as regards the ratio between equity and debt and the dividend policy, is intended.

The acquisition of the shareholding of approx. 76.79% of the voting rights in innogy SE by E.ON Beteiligungen GmbH and subsequently E.ON Verwaltungs SE, which led to the aforementioned voting rights notification thresholds being exceeded, was effected by way of intra-group capital increases against contributions in kind (konzerninterne Sachkapitalerhöhungen). Such acquisition of the shareholding by E.ON Beteiligungen GmbH and E.ON Verwaltungs SE was financed by equity means.



22.10.2019 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: innogy SE
Opernplatz 1
45128 Essen
Germany
Internet: www.innogy.com

 
End of News DGAP News Service

893161  22.10.2019 

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