EQS-Adhoc: Uniper SE: Information on the arbitration ruling

EQS-Ad-hoc: Uniper SE / Key word(s): Legal matter
Uniper SE: Information on the arbitration award

11/26/2023 / 10:48 p.m. CET/CEST
Publication of inside information in accordance with Article 17 of Regulation (EU) No. 596/2014, transmitted by EQS News – a service of EQS Group AG.
The issuer/publisher is responsible for the content of the message.


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:
Notifying person:
Marc Merrill
General Counsel and Chief Compliance Officer
Legal & Compliance
Uniper SE
Holzstrasse 6
40221 Düsseldorf

Contact for investors and analysts:
Sebastian Veit
Senior Vice President
Investor relations
Uniper SE
Holzstrasse 6
40221 Düsseldorf
Telephone +49 151 55049337
Email [email protected]

Press contact:
Georg Oppermann
Senior Vice President
External Communication & Sustainability Communication
Uniper SE
Holzstrasse 6
40221 Düsseldorf
Telephone +49 178 4394847
Email [email protected]

End of insider information


November 26, 2023 CET/CEST The EQS distribution services include legal reporting requirements, corporate news/financial news and press releases.
Media archive at https://eqs-news.com


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 messageEQS News Service

1781917 11/26/2023 CET/CEST

Selected leverage products on Uniper

With knock-outs, speculative investors can participate disproportionately in price movements. Simply select the lever you want and we will show you suitable open-end products on Uniper

Advertising

ttn-28