THIS RELEASE AND THE INFORMATION CONTAINED HEREIN ARE NOT BEING ISSUED AND MAY NOT BE DISTRIBUTED IN THE UNITED STATES OF AMERICA, CANADA, JAPAN OR AUSTRALIA.
RWE sets offer price and subscription price of capital measure
RWE Aktiengesellschaft has determined the offer price for the accelerated bookbuilding of shares from the capital measure decided upon yesterday and the subscription price at €26.00.
All shares offered were placed with institutional investors by way of an accelerated bookbuilding procedure. 52,340,499 new shares were allocated excluding shareholders’ subscription rights. 28,105,327 treasury shares were placed with institutional investors subject to the exercise of subscription rights by existing shareholders (“claw-back”).
As a result of the capital measure, RWE will receive gross issuing proceeds of around €2.1 billion. The placement is an important part of an overall package to strengthen the capital base and thus create leeway for future growth.
Delivery to investors of the 52,340,499 new shares issued as part of the accelerated placement is expected to take place on 8 December 2011. The 28,105,327 treasury shares purchased in the subscription offer and placed subject to potential claw-back are expected to be delivered on 23 December 2011.
Further information will be published in accordance with legal requirements.
This release does not constitute a public offer of securities in Germany. This release does not constitute an offer to sell securities, or a solicitation of an offer to buy securities, in the United States of America or in any other jurisdiction to any person to whom it is unlawful to make such offer or solicitation in such jurisdiction. Securities may not be offered or sold in the United States of America absent regis¬tration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”). The securities of RWE Aktiengesellschaft described herein have not been and will not be registered under the Securities Act, or the laws of any State, and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable State laws. RWE Aktiengesellschaft does not intend to register any portion of the offering in the United States or conduct a public offering of securities in the United States.