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OMV has reached an agreement with Uniper for the acquisition of 24.99% of the economic rights in the production of the Yuzhno Russkoye field in Western Siberia for a purchase price of USD 1,850 mn (EUR 1,749 mn)

Published: March 5, 2017; 21:44 · (Vindobona)

OMV has reached an agreement with Uniper SE for the acquisition of shares in two Russian companies (OJSC Severneftegazprom and JSC Gazprom YRGM Development) for a purchase price USD 1,850 million (approx. EUR 1,749 million based on an agreed exchange rate of EUR 1 = USD 1.0575) plus cash on balance sheet per December 31, 2016.

OMV has reached an agreement with Uniper for the acquisition of 24.99% of the economic rights in the production of the Yuzhno Russkoye field in Western Siberia for a purchase price of USD 1,850 mn (EUR 1,749 mn) / Picture: © Vindobona

 

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Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The
issuer is solely responsible for the content of this announcement.

This article includes a total of 448 words.

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