The Extraordinary General Meeting is scheduled for December 19th.
(Photo: Reuters)
Dusseldorf The energy company Uniper, which is struggling due to a lack of Russian gas supplies and is about to be nationalized, wants to have the shareholders vote on the rescue plans before Christmas. The plans will be presented to investors at an extraordinary general meeting on December 19, the group announced on Wednesday.
A cash capital increase of EUR 8 billion at an issue price of EUR 1.70 per share excluding shareholders’ subscription rights is also planned, which is to be subscribed exclusively by the federal government.
However, the planned cash capital increase of eight billion euros alone will not be enough. In addition, authorized capital of up to EUR 25 billion is to be created by issuing new shares against cash and/or non-cash contributions.
The authorized capital is to be used to partially restore equity, which was weakened by further losses in 2022, 2023 and 2024, in particular in connection with gas replacement purchases as a result of Russian gas supply restrictions.
Top jobs of the day
Find the best jobs now and
be notified by email.
