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MRQ - Tion Renewables AG: Hopper BidCo GmbH sets cash settlement for the transfer of the shares of the minority shareholders of Tion Renewables AG at EUR 29.19 per share

Company: Tion Renewables AG Date: 2024-01-11 Language: English Register to download

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 News Details

Ad-hoc | 11 January 2024 12:19

#   

Tion Renewables AG: Hopper BidCo GmbH sets cash settlement for the transfer of the shares of the minority shareholders of Tion Renewables AG at EUR 29.19 per share

Tion Renewables AG / Key word(s): Squeeze Out  

Tion Renewables AG: Hopper BidCo GmbH sets cash settlement for the transfer of the shares of the minority shareholders of Tion Renewables AG at EUR 29.19 per share  

  

11-Jan-2024 / 12:19 CET/CEST  

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.  

The issuer is solely responsible for the content of this announcement.  

  

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Grünwald, January 11, 2024 – Hopper BidCo GmbH, an acquisition company which is indirectly held by EQT Active Core Infrastructure SCSp, today confirmed to Tion Renewables AG its formal request of 24 October 2023 regarding the transfer of the shares of the minority shareholders of Tion Renewables AG to Hopper BidCo GmbH against payment of an appropriate cash compensation pursuant to Section 327a para. 1 sentence 1 of the German Stock Corporation Act ( *AktG* ).  

In this context, Hopper BidCo GmbH announced and specified that it has set the cash compensation to be paid to the minority shareholders as consideration for the transfer of their shares at EUR 29.19 per share of Tion Renewables AG.  

The effectiveness of the transfer of the shares of the minority shareholders depends on the approval of the general meeting of Tion Renewables AG and the registration of the transfer resolution in the commercial register of Tion Renewables AG. The resolution of the general meeting on the transfer shall be passed at an extraordinary general meeting of Tion Renewables AG, which is expected to take place in February 2024.  

  

Grünwald, January 11, 2024  

Tion Renewables AG  

The Management Board

  

  

End of Inside Information  

- - -

11-Jan-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.  

Archive at www.eqs-news.com  

- - -

|     |     |
| --- | --- |
| Language: | English |
| Company: | Tion Renewables AG |
|     | Bavariafilmplatz 7, Gebäude 49 |
|     | 82031 Gruenwald |
|     | Germany |
| E-mail: | ir@tion-renewables.com |
| Internet: | www.tion-renewables.com |
| ISIN: | DE000A2YN371 |
| WKN: | A2YN37 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1813123 |

  

|     |     |
| --- | --- |
|     |     |
| End of Announcement | EQS News Service |

![show this](https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1813123&application_name=news&site_id=news_data)

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