16 October 2008
42 European companies took part in the fourth and last power auction held by RWE in 2008. They purchased the complete lot of nearly 400 MW power on offer for delivery next year.
26 September 2008
RWE AG intends to acquire in the time period from October 1, 2008 through no later than October 31, 2008 up to a maximum of 600,000 shares of RWE AG (ISIN DE0007037129 (ordinary shares)) subject to the following conditions. The number of shares to be acquired is limited by a total purchase price not exceeding € 48 million.
RWE AG hereby makes use of the right to acquire own shares granted under Section 71 (1) no. 2 of the German Stock Corporation Act (Aktiengesetz, AktG). The shares bought back shall only be used for the issuance of employee shares in connection with the Company’s share option programme for its employees (Belegschaftsaktienausgabe) for the year 2008.
The share buy-back will be carried out for account of the Company by a bank mandated by the Company. The bank shall make its decisions regarding the date of the acquisition of the shares and the respective volume of the shares to be bought back independently of and without influence by the Company. The shares shall be repurchased on stock exchanges at the most favourable terms for RWE AG.
In the performance of such activities, the bank is obliged to observe the trading conditions set forth in Art. 5 of the Commission Regulation (EC) No. 2273/2003 of 22 December 2003 (EC REG). According to the provisions of this Article, the bank may not determine a purchase price which exceeds the price of the last independent trade at the respective stock exchange or the highest current independent bid. The higher of both values shall be decisive. The bank must not acquire more than 25 % of the average daily volume of shares in one day on the stock exchange on which the purchase is carried out. The average volume of shares is based on the average daily volume of shares traded in the twenty trading days preceding the date of purchase.
The share buy-back may be suspended and resumed at any time to the extent permissible under the relevant legal provisions.
The transactions will be disclosed in compliance w
19 September 2008
RWE reached the decision not to acquire shares in the Russian regional energy company TGK-2.
18 September 2008
At its meeting today, the Supervisory Board of RWE AG unanimously appointed Dr. Leonhard Birnbaum to the Executive Board of RWE AG effective 1 October 2008. Dr. Birnbaum succeeds Berthold Bonekamp as Chief Strategy Officer (CSO). This Executive Board portfolio comprises Corporate Strategy and Business Development, Mergers & Acquisitions, Research & Development and Renewable Energies. Berthold Bonekamp will leave the company on 31 December 2008 and go into retirement, as previously announced. Until then, Dr. Birnbaum will be responsible for his previous areas of work, Corporate Strategy and Business Development, on the Executive Board of RWE AG.
18 September 2008
The Executive Board of RWE Aktiengesellschaft decided today that the prospec-tive increase in the dividend payout ratio will no longer depend on the successful placement of a majority of shares in American Water. The dividend proposal of the Executive Board for fiscal 2008 will thus be based on a payout ratio of 70-80% of recurrent net income, irrespective of the deconsolidation of American Water.
03 September 2008
Voting rights announcement Barclays Global Investors according to article 26, section 1 WpHG [Securities Trading Act]
14 August 2008
The RWE Group’s earnings prospects for 2008 remain positive. The figures for the first half of the year do not yet fully reflect this. Based on the favourable overall organic earnings perspective, RWE confirms its forecast of increasing recurrent net income for the fiscal year by more than 10 percent. The company has managed to stop customer losses in its German electricity supply business.
08 August 2008
Announcement according to Articles 37v, 37w, 37x et seqq. of the WpHG, transmitted by DGAP - a company of the EquityStory AG.
The issuer is solely responsible for the content of this announcement.
30 June 2008
The RWE Executive Board and Works Council appreciate the willingness policymakers have shown to take up a discussion on delaying the phaseout of nuclear energy. This would spell the end of the special path Germany has embarked upon to date.