Uniper SE / DE000UNSE018
26.11.2023 - 22:09:46Uniper SE: Information on Arbitration Award
| Uniper SE / Key word(s): Legal Matter 26.11.2023 / 22:09 CET/CEST The issuer is solely responsible for the content of this announcement. Publication of an inside information pursuant to Article 17 of Regulation (EU) No. 596/2014 Düsseldorf, 26 November 2023. Uniper SE (“Uniper”) has been notified on Friday evening, 24 November 2023, of an award against a subsidiary in arbitration proceedings under the rules of the International Chamber of Commerce which began in early 2021. The proceedings between the Uniper subsidiary and a European energy company relate, inter alia, to the pricing provisions of a long-term agreement for the supply of liquified natural gas (LNG), concluded prior to the spin-off of Uniper in 2016 and which has since expired. A payment to the opposing party of an estimated EUR 550 million related to the retroactive re-pricing of the long-term agreement would be due under the terms of the award. The additional payment will have a full impact on the annual result of Uniper. Uniper is currently analyzing the reasoning of the decision and reviewing all possible avenues of legal recourse against the award. Contact: Person making the notification: 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 Phone +49 151 55049337 Email ir@uniper.energy Media contact: Georg Oppermann Senior Vice President External Communication & Sustainability Communication Uniper SE Holzstraße 6 40221 Düsseldorf Phone +49 178 4394847 Email press@uniper.energy 26.11.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com |
| Language: | English |
| Company: | Uniper SE |
| Holzstraße 6 | |
| 40221 Dusseldorf | |
| Germany | |
| Phone: | +49 211 73275 0 |
| Fax: | +49 211 4579 2022 |
| E-mail: | info@uniper.energy |
| Internet: | www.uniper.energy |
| ISIN: | DE000UNSE018, DE000UNSE1N3 |
| WKN: | UNSE01, UNSE1V |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1781909 |
| End of News | EQS News Service |
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