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Entech — Capital/Financing Update 2021
Oct 21, 2021
1288_iss_2021-10-21_ce866bcf-7e6a-4c24-a148-4dd4f5764287.pdf
Capital/Financing Update
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PRESS RELEASE
Stabilisation measures
Quimper, 21 october 2021 – Entech (FR0014004362 - ALESE), the technology company specialised in smart renewable energy storage and management, has received notification that Portzamparc, acting as Stabilisation Manager in the context of the first admission to trading of ordinary shares of Entech on Euronext Growth Paris, has undertaken stabilization activities (as defined in Article 3.2(d) of Regulation (EU) No 596/2014 (the "Market Abuse Regulation")) on the following securities:
| Issuer: | Entech |
|---|---|
| Securities: | Ordinary shares with a par value of EUR 0.20 (ISIN: FR0014004362) |
| Offering size: | 3,640,288 ordinary shares (excluding the overallotment option) |
| Offer price: | EUR 6.95 euros per ordinary share |
| Market: | Euronext Growth Paris |
| Stabilisation Manager : |
Portzamparc |
Pursuant to Article 6, paragraph 2, of the Commission Delegated Regulation (EU) 2016/1052 supplementing the Market Abuse Regulation with technical regulatory standards concerning the conditions applicable to buyback programmes and stabilisation measures, Entech, on the basis of the information provided by Portzamparc, is publishing in this press release the information relating to the stabilisation activities carried out by Portzamparc as stabilisation agent between 13 October 2021 and 21 October 2021 :
| Execution date |
Intermediary | Buy / Sell / Transfer |
Number of shares |
Average transaction price (in €) |
Lowest / highest price (in €) |
Aggregate amount (in €) |
Market |
|---|---|---|---|---|---|---|---|
| 13 - Oct - 21 | Portzamparc | n/a | 0 | n/a | n/a | n/a | n/a |
| 14 - Oct- 21 | Portzamparc | Buy | 1,200 | 6.9000 | 6.90/6.90 | 8,280.00 | Euronext Growth |
| 15 - Oct - 21 | Portzamparc | Buy | 3,000 | 6.9400 | 6.94/6.94 | 20,820.00 | Euronext Growth |
| 18 - Oct - 21 | Portzamparc | n/a | 0 | n/a | n/a | n/a | n/a |
| 19 - Oct - 21 | Portzamparc | Buy | 1,878 | 6.9400 | 6.94/6.94 | 13,033.32 | Euronext Growth |
| 20-Oct - 21 | Portzamparc | Buy | 3,525 | 6.9400 | 6.94/6.94 | 24,463.50 | Euronext Growth |
| 21 - Oct - 21 | Portzamparc | Buy | 4,975 | 6.9038 | 6.90/6.94 | 34,346.40 | Euronext Growth |
The detailed list of transactions is available on Entech's website in the section dedicated to the IPO (www.ipo.entech-se.com)
This press release is issued also on behalf of Portzamparc pursuant to Article 6, paragraph 2, of Commission Delegated Regulation (EU) 2016/1052.
About Entech
Faced with the technological challenges posed by the strong growth of new energies within the energy mix, Entech enables the massive integration of renewable energies and access to energy thanks to storage and electrical conversion solutions controlled by intelligent software systems.
Builder of the new energies, Entech develops, builds and operates production plants and storage systems batteries or hydrogen – on-grid or off-grid. Founded in Quimper in 2016, Entech has already completed more than 230 projects worldwide and currently employs 68 people.
This press release is not intended for publication, release or distribution, directly or indirectly, in the United States, Australia, Canada or Japan
PRESS RELEASE
Selected in 2021 by "La French Tech" in its Green20 programme and recognised by numerous awards for its capacity to innovate in supporting the energy transition, Entech is committed to acting on a daily basis as a responsible company, not only from an environmental point of view but also from a social and societal one. For more information: https://entech-se.com/
Media contact: Calyptus
Gregory Bosson / Mathieu Calleux [email protected] +33 (0)1 53 65 37 90 / 37 91
Important notice
This press release and the information that it contains do not constitute an offer to subscribe for or sell, or a solicitation for an order to subscribe for or purchase the Company's shares in any country.
No communication or information concerning this press release or concerning the Company may be published in any country or region requiring registration or approval. No action has been (or will be) undertaken in any jurisdiction outside of France where such steps would be required.
In certain countries, the distribution of this press release may be subject to specific regulations. Consequently, persons in such jurisdictions where the press release is released, published or distributed must inform themselves about and comply with such legislation and regulations.
This press release does not constitute a prospectus as defined by Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 (the "Prospectus Regulation"). The prospectus approved by the AMF is available on the AMF website (www.amf-france.org) and on the company's website dedicated to the IPO (www.ipo.entech-se.com).
This press release does not constitute and should not be construed as a public offering, an offer to purchase or subscribe or a public solicitation with a view to a public offering.
This press release does not constitute an offer to sell securities or a solicitation for an offer to purchase or subscribe for securities in the United States of America. The Company's shares or any other securities cannot be offered or sold in the United States of America unless they are registered in accordance with the U.S. Securities Act of 1933 (amended), or exempt from registration. The Company's shares will be offered or sold exclusively outside of the United States of America and through offshore transactions, in accordance with Regulation S of the Securities Act. The Company does not intend to register all or part of the offering in the United States or to conduct a public offering in the United States.
With respect to the member states of the European Economic Area that apply the Prospectus Regulation, no action has been undertaken or will be undertaken to permit a public offering of the securities subject to this press release that would require the Company to publish a prospectus in any Member State other than France. As a result, the Company's shares may not and will not be offered in any Member State other than France, except in accordance with the exemptions set by the Prospectus Regulation, or under any other circumstances which do not require the Company to publish a prospectus as defined by the Prospectus Regulation and/or the regulations applicable in said Member State.
In the case of the United Kingdom, the press release is intended exclusively for persons who (i) are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as currently in force, hereafter the "Financial Promotion Order"), (ii) are covered by Article 49(2) (a) to (d) ("high net worth companies, unincorporated associations etc.") of the Financial Promotion Order, or (iii) have been invited or induced to engage in investment activity (within the meaning of Section 21 of the Financial Promotion Order) for the issue or sale of any securities that may be legally communicated, directly or indirectly (with all of these persons referred to collectively as "Authorised Persons"). This press release is intended exclusively for Authorised Persons and cannot be used by anyone other than an Authorised Person.
The information contained in this press release does not constitute an offer of securities in Canada, Australia or Japan. This press release is not intended to be published, released or distributed, directly or indirectly, in Canada, Australia or Japan.