Brief: Columbus Energy Sells 22.99% Stake In Nexity Global

Columbus Energy SA

15/10/2021 07:30

Oct 15 (Reuters) - Columbus Energy SA  CLC.WA :
    * SAID ON THURSDAY IT HAS SOLD 22.99% STAKE IN NEXITY GLOBAL
FOR
2.3 MILLION ZLOTYS
    * FOLLOWING TRANSACTION COMPANY HOLDS 9.99% STAKE IN NEXITY
GLOBAL
    * AS RESULT COMPANY WILL NO LONGER CONSOLIDATE NEXITY GLOBAL
RESULTS
    * DECISION IS DUE TO LACK OF IMPLEMENTATION OF STRATEGY BY
NEXITY
GLOBAL'S PREVIOUS MANAGEMENT AND RESULTING SIGNIFICANT DELAYS
VERSUS PROJECT DEVELOPMENT TIMETABLE
    * COMPANY WILL INTENSIFY WORKS AIMED AT CREATING PUBLICLY
ACCESSIBLE POWER MANAGEMENT ECOSYSTEM, INCLUDING FOR
ELECTROMOBILITY, WITHIN GROUP

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM6pShQ2a
 Further company coverage:  CLC.WA , NXGP.WA 

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