E.ON has completed the Uniper spin-off as planned. Today, the shares of Uniper SE were traded on the Frankfurt stock exchange for the first time. E.ON and Uniper can now fully focus on their own business.
E.ON CEO Johannes Teyssen:
"Together with the E.ON and Uniper employees we have managed to complete a very ambitious restructuring process exactly according to schedule. This was by no means a foregone conclusion – it is something that we have achieved.
I wish Uniper and its employees all the best for the exciting times ahead. I am convinced that Klaus Schäfer and his team will successfully strengthen and expand Uniper’s position as a leading international energy company. The provision of secure energy supplies, outstanding services as well as global energy trading are of crucial importance for the economy and society across the globe and therefore have a huge business potential.
E.ON and Uniper now have every opportunity to be successful with their clear focus on their respective segments of the energy industry. They can now develop without compromises and serve the needs of their respective customers. This strategy is the right way forward for E.ON, for Uniper and for the customers, shareholders and employees of both companies. The new and the classical energy worlds are so fundamentally different that they each require a totally different entrepreneurial approach."
As part of the listing the shareholders of E.ON SE were allotted 53.35 percent of the shares of Uniper SE. In addition, they received one new no-par value registered share of Uniper SE for each ten shares held in E.ON SE. This gives E.ON shareholders additional scope for their course of action – they can either focus on E.ON or Uniper, or hold on to both companies’ shares.This press release may contain forward-looking statements based on current assumptions and forecasts made by E.ON Group Management and other information currently available to E.ON. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. E.ON SE does not intend, and does not assume any liability whatsoever, to update these forward-looking statements or to conform them to future events or developments.