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08.12.2023
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Notification of completion of transaction

HELLENiQ ENERGY Holdings S.A. (the “Company”), following the announcement dated 7.12.2023, announces that, pursuant to a joint notification received on 8.12.2023 by its shareholders, Hellenic Republic Asset Development Fund S.A. and Paneuropean Oil & lndustrial Holdings S.A., was informed of the pricing of the international private placement, through an accelerated book-building offering in the context of their decision to dispose of part of their shares in the Company. The notification included the following announcement:

“Further to the previous announcement made on 07.12.2023, the Hellenic Republic Asset Development Fund S.A. (“HRADF”) announces that HRADF and Paneuropean Oil and Industrial Holdings S.A. (“POIH” and together with HRADF, the “Selling Shareholders”) have agreed to sell in total 33,619,870 existing ordinary shares (the “Shares”) in HELLENiQ Energy Holdings S.A. (“HELLENiQ” or the “Company”), equivalent to 11.0% of the existing ordinary share capital in HELLENiQ at a price of EUR 7.00 per Share, pursuant to an accelerated bookbuilt offering not requiring publication of a prospectus (the “Transaction”). HRADF will sell 13,128,317 Shares in the Transaction and will, following completion of the Transaction, hold 31.2% of HELLENiQ’s issued share capital; and POIH will sell 20,491,553 Shares in the Transaction and will, following completion of the Transaction, hold 40.4% of HELLENiQ’s issued share capital.

The completion of the Transaction is expected on 12.12.2023, subject to the satisfaction or waiver of certain conditions precedent.  

HELLENiQ will not receive any proceeds from the Transaction.

In connection with the Transaction, the Selling Shareholders have agreed with the Joint Global Coordinators to maintain a lock-up of their remaining shares in the Company for a period of 180 days commencing from the completion of the Transaction, subject to certain carve-outs and exceptions.”

Relevant Content

09.09.2024

Transfer of own shares

HELLENiQ ENERGY Holdings S.A. (the "Company"), announces that, in accordance with the decision of the Annual General Meeting that took place on 27 June 2024, on 6 September 2024, it proceeded with the distribution, free of charge, of a one-time allotment (through an over-the-counter transaction) comprising 80,000 of the Company's own, common, registered shares, among eight beneficiaries (the "Beneficiaries") who served as non-executive members of the preceding Board of Directors (with a tenure until 27 June 2024), with each Beneficiary receiving 10,000 shares, as follows:

04.09.2024

Purchase of own shares

HELLENiQ ENERGY Holdings S.A. (the "Company"), announces that, within the framework of its share buyback program, during the period from 30/08/2024 to 03/09/2024, it purchased through the Athens Exchange a total of 80,000 own shares as follows:

30.08.2024

Initiation of Buyback program

HELLENiQ ENERGY Holdings S.A. (the "Company"), pursuant to a) the decision of the Annual General Meeting of shareholders of 27 June 2024 (the "General Meeting") which approved the adoption of a share buyback program (the "Buyback Program") and granted the necessary authorization for its implementation to the Board of Directors and b) the decision of the Company's Board of Directors on 29 August 2024, hereby announces its intention to commence the implementation of the Buyback Program. The purpose of the Buyback Program is to facilitate the free distribution of the Company's shares a) to the non-executive members of the Board of Directors whose term of office ended on 27 June 2024, in accordance with the relevant decision of the General Meeting and b) to its executives, as well as to executives of affiliated entities, within the framework of its long-term share distribution program, as established by the General Meeting.