NEOEN SA (EPA:NEOEN) - Early termination of the share buyback mandate
Transparency directive : regulatory news
12/04/2021 18:25
Click here to download pdf version
MEDIA RELEASE
Paris, April 12, 2021
Early termination of the share buyback mandate
It is recalled that Neoen has signed a mandate on September 25, 2020 with an
investment services provider to purchase up to 163,000 shares during the period
from September 28, 2020 to May 15, 2021, for a maximum amount of 45 (forty
five) euros per share. The purpose of this transaction was to acquire shares
for allocation to maturing free shares plans.
On April 7, 2021, the Company acquired 163,000 of its own shares at an average
price of 42.7079 euros. The share buyback mandate was therefore terminated
early as of that date.
The early termination of the share buyback mandate does not affect the
execution of the liquidity agreement.
About Neoen
Neoen is one of the world's leading and fastest growing independent producers
of exclusively renewable energy. With a capacity of more than 4,1 GW in
operation or under construction, Neoen is a high-growth company. Neoen is
notably active in Argentina, Australia, El Salvador, Finland, France, Ireland,
Jamaica, Mexico, Mozambique, Portugal, and Zambia. In particular, Neoen
operates France's most powerful solar farm (300 MWp) in Cestas, and the world's
first big battery (150 MW / 193.5 MWh storage capacity) in Hornsdale,
Australia. Neoen is targeting at least 10 GW capacity in operation or under
construction by end of 2025. Neoen (ISIN Code: FR0011675362, ticker: NEOEN) is
listed in Compartment A of the regulated market of Euronext Paris.
For more information: www.neoen.com
Contact
Neoen
communication@neoen.com