Transaction in Own Shares • Apr 12, 2021
Transaction in Own Shares
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Paris, April 12, 2021
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.
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
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