EQS-Ad-hoc: Uniper SE / Key word(s): Legal matter 11/26/2023 / 10:48 p.m. CET/CEST Publication of inside information in accordance with Article 17 of Regulation (EU) No. 596/2014 Uniper SE: Information on the arbitration award Dusseldorf, 26. November 2023. On Friday evening, November 24, 2023, Uniper SE (“Uniper”) received an arbitration award against a subsidiary in an arbitration proceeding that has been ongoing since the beginning of 2021 and was conducted in accordance with the rules of the International Chamber of Commerce. The proceedings between the Uniper subsidiary and another European energy company related, among other things, to the price review provisions of a now-expired long-term contract for the supply of liquefied natural gas (LNG), which had already been concluded before the spin-off from Uniper in 2016. The arbitration award establishes a payment to the counterparty in the amount of an estimated EUR 550 million in connection with the retroactive price revision of the long-term contract determined by the decision. The additional payment will have a full impact on Uniper’s annual results. Uniper is currently analyzing the reasons for the decision and is considering all available legal remedies against the arbitration award. Contact: Contact for investors and analysts: Press contact: End of insider information November 26, 2023 CET/CEST The EQS distribution services include legal reporting requirements, corporate news/financial news and press releases. |
Language: | German |
Company: | Uniper SE |
Holzstrasse 6 | |
40221 Düsseldorf | |
Germany | |
Phone: | +49 211 73275 0 |
Fax: | +49 211 4579 2022 |
E-mail: | [email protected] |
Internet: | www.uniper.energy |
ISIN: | DE000UNSE018, DE000UNSE1N3 |
WKN: | UNSE01, UNSE1V |
Exchanges: | Regulated market in Frankfurt (Prime Standard); Open market in Berlin, Düsseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1781917 |
End of message | EQS News Service |
1781917 11/26/2023 CET/CEST
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