DGAP-News: Photon Energy NV / Key word(s): IPO
Photon Energy NV: Trading of Photon Energy Shares Commences On Frankfurt
Stock Exchange
2021-01-11 / 10:17
The issuer is solely responsible for the content of this announcement.
*Trading of Photon Energy Shares Commences On Frankfurt Stock Exchange*
*- *The admission to listing and trading of the Company's shares on the
Quotation Board of the Frankfurt Stock Exchange follows the recent regulated
market listings of its shares on the Warsaw Stock Exchange and Prague Stock
Exchange.
- The listing on the Frankfurt Stock Exchange will enable investors from the
Eurozone to trade the Company's shares without currency risk. The listing
does not involve any issuance of new shares.
- The application for admission of the Company's shares to trading was
submitted by Baader Bank.
*Amsterdam - 11 January 2021 -* Photon Energy N.V. (WSE&PSE: PEN, FSX:
A1T9KW) ('Photon Energy' or the 'Company'), an Amsterdam-based renewable
energy company delivering solar energy and clean water solutions around the
world, is pleased to announce that following a successful application
submitted by Baader Bank, trading of its ordinary shares has commenced on
the Quotation Board of the Open Market of the Frankfurt Stock Exchange (FSX)
under the identification number 'A1T9KW' and ISIN code NL0010391108. Trading
of the shares will commence today.
'We are pleased that the trading of our shares has commenced on the
Frankfurt Stock Exchange,' commented *Georg Hotar*, *CEO of Photon Energy*.
'This secondary listing will broaden Photon Energy's pool of potential
investors in the Eurozone looking to participate in the world's transition
to sustainable energy sources and the development of clean water solutions.
This listing will enable investors to trade our shares without currency
risk. We look forward to growing our presence in continental Europe as we
continue to expand our portfolio of solar energy and clean water solutions.'
The FSX is one of the largest global equity markets, providing Photon Energy
with access to a new pool of potential investors. The FSX has an investor
base which is well acquainted with the energy sector, with a growing number
of renewable companies, including solar, maintaining primary or secondary
listings.
The admission to listing and trading of the Company's shares on the
Quotation Board of the FSX follows the regulated market listings of its
ordinary shares on the Warsaw Stock Exchange and Prague Stock Exchange on 5
January 2021.
Photon Energy anticipates that its listing on the FSX will raise the
Company's profile among investors from the Eurozone and help stimulate the
overall liquidity of the Company's shares. The listing does not involve any
issuance of new shares and was initiated by a submission from Baader Bank, a
leading brokerage firm active on the Frankfurt Stock Exchange.
*About Photon Energy Group *- *photonenergy.com [1]*
Photon Energy N.V. is a group of companies providing solar energy and clean
water solutions to their customers around the world. Since its foundation in
2008, Photon Energy has built and commissioned over 100 MWp of solar power
plants across two continents and 74.7 MWp as part of our own portfolio. It
is currently developing projects with 594.6 MWp in Australia (580 MWp in
partnership with Canadian Solar), 96.6 MWp in Hungary, 4.6 MWp in Poland and
97.4 MWp in Romania, and provides operations and maintenance services for
over 300 MWp worldwide. In addition to that, the company is at an advanced
stage of building two utility-scale PV power plants with a combined capacity
of 14 MWp in Australia. The Company's subsidiary Photon Water focuses on
developing and providing clean water and remediation solutions and services
around the world. Photon Energy is headquartered in Amsterdam and listed at
the Warsaw, Prague and Munich Stock Exchanges. The company has offices in
Europe, Australia, and South America. For more information, please contact:
*Martin Kysly*
Head of Marketing and Corporate Communications
Tel. +420 774 810 670
E-mail: martin.kysly@photonenergy.com
2021-01-11 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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1159619 2021-01-11
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(END) Dow Jones Newswires
January 11, 2021 04:17 ET (09:17 GMT)