PACIFICO RENEWABLES YIELD AG EQS-Adhoc: Tion Renewables AG: Hopper BidCo GmbH sets cash settlement for the transfer of the shares of the minority shareholders of Tion Renewables AG at EUR 29.19 per share

Transparency directive : regulatory news

11/01/2024 12:19

EQS-Ad-hoc: Tion Renewables AG / Key word(s): Squeeze Out
Tion Renewables AG: Hopper BidCo GmbH sets cash settlement for the transfer of the shares of the minority shareholders of Tion Renewables AG at EUR 29.19 per share

11-Jan-2024 / 12:19 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Grünwald, January 11, 2024 – Hopper BidCo GmbH, an acquisition company which is indirectly held by EQT Active Core Infrastructure SCSp, today confirmed to Tion Renewables AG its formal request of 24 October 2023 regarding the transfer of the shares of the minority shareholders of Tion Renewables AG to Hopper BidCo GmbH against payment of an appropriate cash compensation pursuant to Section 327a para. 1 sentence 1 of the German Stock Corporation Act (AktG).
In this context, Hopper BidCo GmbH announced and specified that it has set the cash compensation to be paid to the minority shareholders as consideration for the transfer of their shares at EUR 29.19 per share of Tion Renewables AG.
The effectiveness of the transfer of the shares of the minority shareholders depends on the approval of the general meeting of Tion Renewables AG and the registration of the transfer resolution in the commercial register of Tion Renewables AG. The resolution of the general meeting on the transfer shall be passed at an extraordinary general meeting of Tion Renewables AG, which is expected to take place in February 2024.

Grünwald, January 11, 2024
Tion Renewables AG
The Management Board

End of Inside Information

11-Jan-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:	English
Company:	Tion Renewables AG
	Bavariafilmplatz 7, Gebäude 49
	82031 Gruenwald
	Germany
E-mail:	ir@tion-renewables.com
Internet:	www.tion-renewables.com
ISIN:	DE000A2YN371
WKN:	A2YN37
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1813123


End of Announcement	EQS News Service

1813123 11-Jan-2024 CET/CEST

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PACIFICO RENEWABLES YIELD AG EQS-Adhoc: Tion Renewables AG: Hopper BidCo GmbH sets cash settlement for the transfer of the shares of the minority shareholders of Tion Renewables AG at EUR 29.19 per share

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