DGAP-Adhoc: MVV Energie AG: Sale of 45.1 % of shares to First State Investments

The company has been informed today that the shareholders EnBW Energie Baden-Württemberg AG and RheinEnergie AG have signed an agreement on the sale of their shareholdings in MVV Energie AG of 45.1% in aggregate with FS DE Energy GmbH, a company indirectly owned by funds managed by First State Investments International Limited. The sale process has been run in coordination with MVV Energie AG and the city of Mannheim, which will remain majority shareholder of MVV Energie AG. At the same time, FS DE Energy GmbH has announced to make a voluntary public takeover offer at the statutory minimum price to the minority shareholders of MVV Energie AG in order to comply with the obligations pursuant to the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz - WpÜG). FS DE Energy GmbH expects the relevant volume-weighted average domestic share price during the last three months to amount to approx. EUR 26.99. The completion of the share purchase agreement and the takeover offer are subject to required regulatory approvals. The shares of MVV Energie AG shall remain listed on the Prime Standard of the Frankfurt Stock Exchange after the completion of the share purchase agreement and the takeover offer. The large shareholders as well as the company share the joint interest of preferably maintaining a free-float in the current scope.

Contact:
Philipp Riemen
Head of Department
Finance and Investor Relations
T +49 621 290 16 55
[email protected]