Uniper SE: Divestiture of interests in gas field 'Yuzhno-Russkoye'

Uniper SE / Key word(s): Disposal

05-March-2017 / 21:49 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Publication of an inside information according to Article 17 MAR
Uniper SE
E.ON-Platz 1
40479 Duesseldorf

Divestiture of interests in gas field "Yuzhno-Russkoye"
Today, Uniper has reached an agreement regarding the divestiture of all legal and economic interests (including respective contractual rights and obligations attached thereto) held by Uniper Exploration & Production GmbH, a subsidiary of Uniper SE, in OJSC Severneftegazprom and JSC Gazprom YRGM Development to OMV Exploration & Production GmbH, a subsidiary of Austrian OMV Aktiengesellschaft. The purchase price amounts to USD 1,850 million (approx. EUR 1,749 million based on an agreed exchange rate of EUR 1 = USD 1.0575) plus cash on balance sheet per 31 December 2016.
OJSC Severneftegazprom holds the license for and operates the Russian giant gas field "Yuzhno-Russkoye" in Western Siberia. JSC Gazprom YRGM Development trades gas, which is produced at the aforementioned gas field.
The consummation of the transaction is in particular still subject to the necessary anti-trust and foreign investment strategic law approvals of the competent authorities, co-shareholder consent as well as other customary closing conditions. The transaction is anticipated to close by year end and will be retroactively effective as of 1 January 2017.
Uniper SE

Your contact:

Marc Koebernick (notifying person)
Head of Investor Relations
Uniper SE
E.ON-Platz 1
40479 Duesseldorf
Germany
Phone: +49 211 4579 4489
Telefax: +49 211 4579 952082
Email: ir@uniper.energy



05-March-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de



   Language:    English
   Company:     Uniper SE
                E.ON-Platz 1
                40479 Düsseldorf
                Germany
   Phone:       +49 211 73275 0
   Fax:         +49 211 4579 5 01
   E-mail:      info@uniper.energy
   Internet:    www.uniper.energy
   ISIN:        DE000UNSE018
   WKN:         UNSE01
   Indices:     MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange


     End of Announcement    DGAP News Service



back