RWE Aktiengesellschaft

  • WKN: 703712
  • ISIN: DE0007037129
  • Land: Deutschland

Nachricht vom 18.03.2020 | 12:15

RWE Aktiengesellschaft: Security measure due to coronavirus: RWE postpones Annual General Meeting

DGAP-News: RWE Aktiengesellschaft / Key word(s): AGM/EGM/Dividend
18.03.2020 / 12:15
The issuer is solely responsible for the content of this announcement.

Essen, 18 March 2020

Against the background of the worldwide spread of the coronavirus (SARS-CoV-2) and the instructions issued by the responsible health departments, the Executive Board of RWE AG today decided not to hold the company's Annual General Meeting which was scheduled to take place on 28 April 2020, but to postpone it to a later date in 2020. For RWE, the health of the company's shareholders is of utmost priority. The same holds true for the health of RWE's employees and employees of partner companies involved in preparing and facilitating the Annual General Meeting. By postponing the event, RWE wants to actively contribute to slowing down the spread of the virus.

This decision will inevitably lead to a corresponding postponement of the resolution on the allocation of profit and of the dividend payment.

Depending on the further course of the wave of infections, RWE AG aims to hold the Annual General Meeting later in 2020 and to issue invitations to this postponed 2020 Annual General Meeting then.

 

For further enquiries:
Lothar Lambertz
Media Relations
RWE AG

T +49 201 12-23984

M +49 162 2845484

E lothar.lambertz@rwe.com


RWE AG
With its four subsidiaries RWE Renewables, RWE Generation, RWE Power and RWE Supply & Trading and a portfolio of around 43 gigawatts of generation capacity, the new RWE supplies clean, reliable and affordable electricity in the future. In its new constellation following the completion of the transaction with E.ON, RWE has a generation capacity from renewables including hydropower and biomass of approximately 10 gigawatts. The company intends to further expand this position by investing up to net €5 billion until 2022 in onshore and offshore wind power, photovoltaics and storage. In addition, RWE generates electricity from gas, hard coal, lignite and nuclear power. RWE Supply & Trading is the interface between RWE and the energy markets around the world. In order to push ahead with the energy transition, RWE is investing in innovative projects such as heat storage power plants, the generation and use of hydrogen as an energy source and Power-to-X processes. The group employs a total of around 20,000 people worldwide. RWE AG is headquartered in Essen, Germany.

 



18.03.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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