27.06.2013
RWE Aktiengesellschaft DE0007037129
DGAP-Adhoc: RWE Aktiengesellschaft: Arbitration court rules in favour of RWE on price revision of its long-term gas supply contract with Gazprom
RWE Aktiengesellschaft / Key word(s): Legal Matter
27.06.2013 14:38
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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An arbitral tribunal granted RWE's request for a revision of the purchase
price payable by RWE for the natural gas supplied under its long-term gas
supply contract with Gazprom. In its final award, the tribunal awarded RWE
a reimbursement for payments made since May 2010 and adjusted the purchase
price formula of the contract by also introducing a gas market indexation,
which according to the arbitral tribunal reflects the relevant conditions
on the gas market at the time of the price revision in May 2010.
RWE is currently analysing the award and the effect on its full year
guidance in detail. RWE will inform about the financial implications of the
ruling in short-term.
RWE Aktiengesellschaft
Executive Board
27.06.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: RWE Aktiengesellschaft
Opernplatz 1
45128 Essen
Germany
Phone: +49 (0)201-12-15025
Fax: +49 (0)201-12-15265
E-mail: [email protected]
Internet: www.rwe.com
ISIN: DE0007037129, DE0007037145
WKN: 703712, 703714
Listed: Regulierter Markt in Düsseldorf, Frankfurt (Prime Standard);
Freiverkehr in Berlin, Hamburg, Hannover, München, Stuttgart;
Terminbörse EUREX
End of Announcement DGAP News-Service
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