National Storage Mechanism | Additional information
RNS Number : 2535K
Corre Energy B.V.
30 October 2024
 

30 October 2024

Corre Energy B.V.

("Corre Energy" and the "Company")

Holding(s) in the Company

 

The Company has been informed by Corre Energy Group Holdings C.V. and Air Core Limited that a total of 902,933 shares in the capital of the Company (1.2% of the Company's total issued share capital) have been transferred from Corre Energy Group Holdings C.V. to Air Core Limited for full and final settlement of a loan. The transfers were made in two tranches:

1.    312,500 shares transferred on 11 October 2024 as a premium for the loan facility; and

2.    590,433 shares transferred on 18 October 2024 against the remaining liability at a pre-agreed conversion price of 0.64 cents per share.

Air Core Limited now holds 902,933 shares (1.2% of the Company's total issued share capital) in the Company and Corre Energy Group Holdings C.V. now holds 20,492,387 shares (26.4% of the Company's total issued share capital) in the Company.

For further information, please contact:

 

Corre Energy B.V.

ir@corre.energy or +31 (0) 50 799 5060

 

Davy (Euronext Growth Listing Sponsor)

Anthony Farrell Davy Corporate Finance

anthony.farrell@davy.ie or +353 (0)1 6149993

 

ABOUT CORRE ENERGY: Corre Energy designs, develops, constructs, and operates utility-scale Long Duration Energy Storage (LDES) projects in Europe and North America. Through our project development activities, Corre Energy is working to accelerate the energy transition to net zero, while enhancing the security and flexibility of large-scale energy systems.

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