Veghel, Wednesday February 1, 2023
GroeneWarmte adjusts shareholder position of KIC InnoEnergy SE to simplify its shareholder structure.
GroeneWarmte would like to inform you that we have recently simplified our shareholder structure.
In good consultation, GroeneWarmte has reached an agreement with KIC InnoEnergy SE, which has been on board as a (minority) shareholder since 2014, to simplify our ownership structure in order to realize our strategic repositioning.
“InnoEnergy understands the need for and supports the strategic choices made to prepare GreenHeat for the future. However, the new strategic direction envisioned does not fit well with our current investment mandate and focus.
At the same time, GroeneWarmte has indicated that it would like to simplify the shareholder structure of GroeneWarmte and it has been agreed through mutual understanding that InnoEnergy has converted its A shares in GroeneWarmte Holding BV into B Shares that have been contributed to the STAK certificates Ecovat Holding for certificates listed on the NPEX stock exchange .
The Parties believe that this conversion, in addition to simplifying the ownership structure, has the added benefit of creating more “substance” through an increased “float” (the number of tradable certificates has been increased from 265.000 to 548.333) on the exchange for GroeneWarmte and the investors. This means that 16,4% of the company is tradable via the NPEX stock exchange.
Although InnoEnergy remains free to take any action with respect to its certificates, it currently does not intend to offer its certificates to the market. InnoEnergy remains committed to the long-term success of GroeneWarmte through its platform,” said Roel van Diepen, KIC InnoEnergy SE
We thank InnoEnergy for its support in recent years and wish it success in achieving its goals.
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Accessibility of GroeneWarmte: www.GroeneWarmte.com
Aris de Groot – CEO: [email protected]
