DGAP-Adhoc: EVN AG: Ad-hoc announcement - Bulgarian

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News Desk 2018
DGAP-Adhoc: EVN AG: Ad-hoc announcement - Bulgarian regulatory authority commences license suspension proceedings against EVN power company in Bulgaria

EVN AG / Key word(s): Legal Matter 19.03.2014 17:43 Dissemination of an Ad hoc announcement, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- According to announcements of the Bulgarian regulatory authority for the power industry DKEVR, it has commenced proceedings today against the Bulgarian power company subsidiary of EVN AG, EVN EC (EVN Bulgaria Elektrosnabdiavane EAD), for the suspension of its license for the sale of electricity in the regulated market to end consumers based on an allegation of failure to pay outstanding invoice amounts to NEK, the state power company. EVN EC intends to defend its rights in the proceedings in order to stop the - in its opinion - unjustified proceedings as soon as possible. The grid company of EVN in Bulgaria, EVN EP (EVN Bulgaria Elektrorazpredelenie EAD), is not affected by the preceding matters. The commencement of proceedings should also be considered in light of the fact that EVN AG has, as previously announced, commenced investment protection proceedings before the World Bank in Washington against the Republic of Bulgaria due to damages suffered by EVN AG in Bulgaria during the past few years on account of unlawful and incorrect legislative actions and regulatory measures. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: LEGAL NOTICE THIS AD-HOC ANNOUNCEMENT CONSTITUTES NEITHER AN OFFER TO SELL NOR A SOLICITATION TO BUY ANY SECURITIES OF EVN AG. THIS AD-HOC ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN ARE NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA AND MUST NOT BE DISTRIBUTED TO U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED ('SECURITIES ACT')) OR TO PUBLICATIONS WITH A GENERAL CIRCULATION IN THE UNITED STATES. THIS AD-HOC ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO PURCHASE ANY SECURITIES IN THE UNITED STATES. THE SECURITIES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT AND MAY NOT BE OFFERED, SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO U.S. PERSONS ABSENT REGISTRATION UNDER OR AN APPLICABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. 19.03.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: EVN AG EVN Platz 2344 Maria Enzersdorf Austria Phone: +43-2236-200-12294 Fax: +43-2236-200-82294 E-mail: info@evn.at Internet: www.evn.at ISIN: AT0000741053 WKN: 074105 Indices: ATX Listed: Wien (Amtlicher Handel / Official Market) End of Announcement DGAP News-Service ---------------------------------------------------------------------------

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