Renergetica: Mandatory Public Tender Offer by CVA EOS

The Total Mandatory Public Tender Offer promoted by CVA EOS S.r.l., wholly owned by CVA S.p.A. (Compagnia Valdostana delle Acque), on 1,444,336 shares (the “Offer”) of Renergetica S.p.A. (the “Issuer”), has successfully concluded.

The Issuer operates in the renewable energy sector, primarily as a developer of photovoltaic projects. In this capacity, it identifies and contracts suitable land for project implementation, manages the entire authorization process, and, through specific vehicle companies, sells authorized projects to institutional and private investors.

According to the definitive results communicated by Banca Akros – Banco BPM Group, acting as the Intermediary in Charge of Coordinating the Collection of Acceptances, a total of 1,313,503 shares were tendered during the Adhesion Period and the Reopening of Terms, representing 16.209% of the Issuer’s share capital and 90.942% of the shares subject to the Offer.

As a result, the Offeror, together with the Persons Acting in Concert, now holds 7,972,865 shares, corresponding to a participation of 98.386% in the Issuer’s share capital.
The Issuer’s shares have been delisted from trading on Euronext Growth Milan since February 8, 2024, in accordance with TUF Article 111, as referred to in Article 12 of the Issuer’s bylaws.

Banca Akros acted as Financial Advisor of CVA EOS and Intermediary in Charge of Coordinating the Collection of Acceptances.

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