Ad-hoc | 12 March 2020 08:28

VERBUND AG: Evaluation of a potential acquisition of a stake in Gas Connect Austria GmbH

VERBUND AG / Key word(s): Letter of Intent
VERBUND AG: Evaluation of a potential acquisition of a stake in Gas Connect Austria GmbH

12-March-2020 / 08:28 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The Executive Board of VERBUND AG informs that VERBUND AG evaluates the strategic and economic rationale of a potential acquisition of OMV’s 51% stake in Gas Connect Austria GmbH. Both companies have agreed exclusivity.

Contact:
Andreas Wollein
Head of Group Finance, M&A and Investor Relations
T.: +43 (0)5 03 13 – 52604
F.: +43 (0)5 03 13 – 52694
mailto:investor-relations@verbund.com

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Language:	English
Company:	VERBUND AG
	Am Hof 6A
	1010 Wien
	Austria
Phone:	0043-1-53113-52604
Fax:	0043-1-53113-52694
E-mail:	investor-relations@verbund.com
Internet:	www.verbund.com
ISIN:	AT0000746409
WKN:	877738
Indices:	ATX
Listed:	Foreign Exchange(s) Vienna Stock Exchange (Official Market)
EQS News ID:	995523

End of Announcement DGAP News Service