RWE AG: Ad-hoc-disclosure according to Art. 17 MAR - RWE Aktiengesellschaft: Executive Board resolves pooling of the renewable energy, grids and retail business areas in a new subsidiary and IPO of approximately 10%

Essen, 01 December 2015

  • The Executive Board of RWE AG resolves – subject to the outstanding approval of the Supervisory Board – the pooling of the renewable energy, grids and retail business areas in Germany and abroad in a new subsidiary
  • 10% of the new subsidiary are to be placed via an IPO in connection with a capital increase

The Executive Board of RWE AG has resolved on the pooling of the renewable energy, grids and retail business areas in Germany and abroad in a new subsidiary and the placement of approximately 10% of the new subsidiary by way of an initial public offering in connection with a capital increase which is expected to take place at the end of 2016. At the same or later point in time, additional stakes may be disposed. By transferring these business areas to the new subsidiary, RWE AG will create new financing and additional growth opportunities for the activities pooled in the subsidiary. The restructuring will not change the assets at RWE AG’s disposal to meet its financial commitments.

The whole transaction is subject to the approval of the Supervisory Board which is expected to decide in its meeting on 11 December 2015.



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