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Enel enters exclusive negotiations with PPC on sale of all Romanian operations


Rome – WEBWIRE

Enel S.p.A. (“Enel”) announces that it has entered into an Exclusivity Agreement with Greek company Public Power Corporation S.A. (“PPC”) in relation to the potential disposal of all the equity stakes held by Enel Group in Romania (“Target Assets”). During the exclusivity period, until the end of January 2023, the parties will negotiate the transaction documentation and PPC will carry out appropriate due diligence on the Target Assets. Upon completion of such due diligence, PPC’s board of directors will determine whether PPC will submit a binding offer to Enel. The parties will inform the market should they enter into a binding agreement on the transaction.

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For the dissemination to the public and the storage of regulated information made available to the public, Enel S.p.A. has decided to use respectively the platforms “eMarket SDIR” and “eMarket Storage”, both available at the address www.emarketstorage.com and managed by Spafid Connect S.p.A. with registered office in Milan, at Foro Buonaparte, 10. The aforementioned services are authorized by Consob (resolution No.19878 of February 15th, 2017, related to the mechanism for the dissemination to the public of regulated information “eMarket SDIR” and resolution No. 19879 of February 15th, 2017, related to the mechanism for the central storage of regulated information “eMarket Storage”). 
From May 19th 2014 to June 30th 2015, Enel S.p.A. used the authorized mechanism for the storage of regulated information denominated “1Info”, available at the address www.1info.it, managed by Computershare S.p.A. with registered office in Milan and authorized by Consob with resolution No. 18852 of April 9th, 2014.


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