European Energy A/S announces that it is considering a tap issue of new EUR denominated green bonds to be consolidated and form part of a single series with the company's existing EUR 140,000,000 senior secured callable floating rate green


Company Announcement no. 18/2019

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, TO ANY PERSON LOCATED OR RESIDENT IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN OR IN ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD CONSTITUTE A VIOLATION OF LAWS OR REGULATIONS. THIS COMPANY ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO SELL OR BUY ANY OF THE SECURITIES DESCRIBED HEREIN.

European Energy A/S (the "Company") announces that it is considering a tap issue of new EUR denominated green bonds to be consolidated and form part of a single series with the Company's existing EUR 140,000,000 EURIBOR (3 months) + 5.35% senior secured callable floating rate green bonds 2019/2023 issued by the Company on 20 June 2019. If such tap issue is completed, the net proceeds therefrom will be used for general corporate purposes that are in accordance with the Company's green bond framework.

The Company has mandated each of DNB Markets, a part of DNB Bank ASA, Sweden Branch and Nordea Bank Abp (each a "Joint Lead Manager") to arrange a Global Investor Call on 24 September 2019. The Company is also this morning opening books for a new EUR denominated senior secured callable floating rate green bond in the aggregate principal amount of minimum EUR 30,000,000.

Important Regulatory Notice

This Company Announcement is for information purposes only and is not an offer to sell or buy any securities. None of the bonds described in this Company Announcement have been or will be registered under the US Securities Act of 1933, as amended (the "Securities Act"), and accordingly any offer or sale of such new bonds may be made only in a transaction exempt from registration requirements of the Securities Act.

It may be unlawful to distribute this Company Announcement in certain jurisdictions. This Company Announcement is not for distribution in Canada, Japan or Australia. The information in this Company Announcement does not constitute an offer of securities for sale in Canada, Japan or Australia. 

This Company Announcement has been made in accordance with Regulation (EU) No 596/2014 on market abuse (the "Market Abuse Regulation") and contains information that prior to its disclosure may have constituted inside information under the Market Abuse Regulation.

For anyone who may have questions regarding this Company Announcement, please contact a joint lead manager or the Issuer using the contact details set out below.

Joint Lead Managers

DNB Markets, a part of DNB Bank ASA, Sweden Branch

Tel: +47 984 93 362, E-mail: bond.syndicate@dnb.no

Nordea Bank Abp

Tel: +45 33331911, E-mail: drs.syndicate@nordea.com

Company

European Energy A/S

Jens-Peter Zink, chairman of the board

Tel: + 45 2047 8220, E-mail: jpz@europeanenergy.dk