DONG Energy A/S

  • ISIN: XS0253170335
  • Land: .

Nachricht vom 14.05.2012 | 15:32

Strategic considerations about ownership interest in Stadtwerke Lubeck GmbH


DONG Energy A/S  / Miscellaneous

14.05.2012 15:32

Dissemination of a UK Regulatory Announcement, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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A process that may result in the sale of DONG Energy's share has been initiated.
DONG Energy can confirm rumours that the company has strategic considerations
about its future engagement in Stadtwerke Lubeck GmbH. 
A process that may result in the sale of DONG Energy's share has been
initiated. DONG Energy is a minority shareholder in Stadtwerke Lubeck GmbH,
with a 25.1 per cent stake. 

DONG Energy is highly satisfied with the cooperation with Stadtwerke Lubeck,
but needs to release capital for new investments as part of its ambitious
growth strategy. 

DONG Energy's plans concerning the potential sale of its minority shareholding
do not change its commitment to the German market. Germany is and will remain
an important part of DONG Energy's international footprint. DONG Energy
supplies stadtwerke and large industries with gas, electricity and related
services, constructs offshore wind farms in the German sector of the North Sea
and has gas storage facilities in Kiel, Etzel, Peckensee and Nuttermoor. 

The information provided in this announcement does not change DONG Energy's
previous financial guidance for the 2012 financial year or the announced
expected investment level. 

Further information

Media Relations
Morten Kidal
+45 9955 9583

Investor Relations
Morten Hultberg Buchgreitz
+45 9955 9750

DONG Energy is one of the leading energy groups in Northern Europe. We are
headquartered in Denmark. Our business is based on procuring, producing,
distributing and trading in energy and related products in Northern Europe. We
have approximately 6,400 employees and generated DKK 57 billion (EUR 7.6
billion) in revenue in 2011. For further information, see www.dongenergy.com.

Click on, or paste the following link into your web browser, to view the
associated documents

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92667

News Source: NASDAQ OMX



14.05.2012 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:            DONG Energy A/S
                    
                     
                    Dänemark
Phone:              
Fax:                
E-mail:             
Internet:           
ISIN:               XS0253170335
Category Code:      MSC
LSE Ticker:         65XG
Sequence Number:    1089
Time of Receipt:    May 14, 2012 15:32:12
 
End of Announcement                             DGAP News-Service
 
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