GLOBAL ECOPOWER (EPA:ALGEP) Global EcoPower is informing its shareholders that it is holding its Annual General Meeting remotely

Transparency directive : regulatory news

27/03/2020 18:25

PRESS RELEASE
Meyreuil (France), 27 March 2020

          Annual General Meeting of 3 April 2020 by conference call

Global EcoPower (FR0011289198 - ALGEP) is informing its shareholders that it is
holding its Annual General Meeting remotely.

Due to the health measures imposed by the government, the company's head office
has been closed since 17 March 2020 and a system of remote working has been put
in place.

As a result, the Annual General Meeting convened on Friday, 3 April 2020 at 10
a.m. will not now be physically held at Global EcoPower's head office. Instead,
the company will hold the meeting by conference call and would like to point
out, in this regard, that a system is already in place allocating the necessary
powers to the Chairman and enabling shareholders to vote by post or online
without having to physically attend the Meeting.

* Shareholders who wish to connect to the AGM should send their certificate of
  share ownership to ag2020@global-ecopower.com before 6 p.m. on Thursday, 2
  April.

* Once GEP has received your certificate of share ownership, it will send you a
  telephone number and code to connect to the AGM.

About Global EcoPower:

GEP is a key player in the green industry, with two business lines:

* Its historical business is the construction of renewable power plants using
  wind, photovoltaics and biomass as energy sources. GEP has a presence across
  the value chain, from construction to power plant operations. So far, it has
  built and commissioned more than 10 power plants, representing over 150MW in
  installed power capacity.

* A new higher value-added activity building and developing Green Energy
  Business complexes, including an eco-business consuming high amounts of
  energy.

GEP is currently in the process of building France's first "algo-solar" complex
in Payra-sur-L'Hers (southern France), combining green energy and spirulina
production. This complex not only enables the production site to be fully
self-sufficient in terms of its energy needs, but it can also produce a surplus
of power, which will have a significant positive impact on operating
profitability.

In 2018, GEP generated EUR24.6m in revenue, operating income of EUR4.8m and a
net profit of EUR2.7m. GEP is listed on the Euronext Growth stock exchange in
Paris (ISIN code: FR0011289198 - Ticker: ALGEP). The company is eligible for
the SME personal equity plan (PEA-PME).

The Green Energy Business in a few words...

As part of the ecological transition process, the Green Energy Business refers
to the combination of green energy production with environmentally-friendly
industrial activity, so as to minimise environmental impact. The Green Energy
Business involves the construction of positive green energy complexes which
ensure a sustainable cost price of green products by consuming the energy they
produce.

GLOBAL ECOPOWER
Philippe Perret
Deputy Chief Executive Officer
contact@global-ecopower.com
+ 33 (0)4 42 24 50 16

ACTIFIN
Christophe de Lylle
Financial Communication
cdelylle@actifin.fr
+33 (0)1 56 88 11 11

ACTIFIN
Aminata Doucouré
Press Relations
adoucoure@actifin.fr
+33 (0)1 56 88 11 23

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GLOBAL ECOPOWER (EPA:ALGEP) Global EcoPower is informing its shareholders that it is holding its Annual General Meeting remotely

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