REG - Corre Energy B.V. - Circular re Proposed Cancellation & Notice of EGM
04/03/2025 07:15
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RNS Number : 1864Z Corre Energy B.V. 04 March 2025
Corre Energy B.V.
(a private company with limited liability (besloten vennootschap met beperkte
aansprakelijkheid) incorporated
under the laws of the Netherlands, with its corporate seat in Groningen, the
Netherlands)
Shareholder circular relating to the proposed cancellation of the admission to
trading
on Euronext Growth including the convocation and agenda for the
extraordinary general meeting and an operational update
This document is a shareholder circular (the "Circular") relating to the
proposed cancellation of the admission to trading of all issued shares (the
"Shares") in the capital of Corre Energy B.V. (the "Company") on Euronext
Growth Dublin, a market operated by Euronext Dublin (the "Cancellation").
This Circular is not a prospectus for the purposes of Regulation (EU) No.
2017/1129 of the European Parliament and of the Council of 14 June 2017, as
amended and thus has not been approved by, or filed with, the Netherlands
Authority for the Financial Markets (Stichting Autoriteit Financiële
Markten). This Circular does not constitute or form part of any offer or
invitation to purchase, otherwise acquire or subscribe for, or any
solicitation of any offer to purchase, otherwise acquire or subscribe for, any
security.
The convocation, including the agenda, for the Company's extraordinary general
meeting, which will be held at Hilton Amsterdam Airport Schiphol with address
Schiphol Boulevard 701, 1118 BN Schiphol, the Netherlands on 20 March 2025 at
12:30 CET (the "EGM") is set out in in Part III (Convocation and agenda for
the extraordinary general meeting) of this Circular (the "Convocation"), and
the explanatory notes to the agenda are set out in Part IV (Explanatory notes
to the agenda for the extraordinary general meeting) of this Circular.
For definitions of terms used throughout this Circular, see Part VI
(Definitions).
This Circular, including the Convocation, is published electronically and in
English only.
This Circular is dated 4 March 2025
TABLE OF CONTENTS
PART I Expected timetable of principal events 2
PART II Letter to Shareholders 3
PART III Convocation and agenda for the extraordinary general meeting 4
PART IV Explanatory notes to the agenda for the extraordinary general meeting 6
PART V Background to, and rationale for, the Cancellation and operational update 7
PART VI Definitions 12
PART I
EXPECTED TIMETABLE OF PRINCIPAL EVENTS
Event Date(1, 2)
Announcement of the proposed Cancellation 20 February 2025
Date and publication of this Circular 4 March 2025
Record Date 6 March 2025
Deadline for registration for the EGM 17 March 2025 at 15:00 CET
Deadline for submitting voting instructions 18 March 2025 at 17:00 CET(3)
Extraordinary general meeting 20 March 2025
Last day of dealings in the Company's shares on Euronext Growth 27 March 2025
Cancellation(4) 28 March 2025 at 07:00 Dublin time
Notes:
1. The times and dates set out in the expected timetable of principal
events above and mentioned throughout this Circular are indicative only and
are subject to change. If any of the above times and/or dates change, the
revised times and/or dates will be notified to Shareholders via a Regulatory
Information Service and will be available on www.corre.energy
(http://www.corre.energy) .
2. References to times in this document are to Central European Time
unless stated otherwise.
3. Or such earlier deadline communicated by the bank or broker.
4. The Cancellation is conditional on the approval of the Cancellation by
the general meeting at the EGM.
PART II
LETTER TO SHAREHOLDERS
Dear Shareholder,
On behalf of the Company, we are pleased to invite you to the EGM which is to
be held on 20 March 2025 at 12:30 CET and to provide you with this Circular.
The purpose of this Circular is to ensure that the shareholders of the Company
(the "Shareholders") are adequately informed of the facts and circumstances
relevant to the proposal on the agenda for the EGM. This should enable the
Shareholders to vote on the proposed resolution to cancel the admission to
trading of all issued shares in the capital of Corre Energy B.V. on Euronext
Growth Dublin, a market operated by Euronext Dublin.
The Euronext Growth Rules require that, if a company wishes to cancel its
listing on Euronext Growth Dublin, it must seek the approval of its
shareholders. The Board is therefore convening the EGM to put forward the
Cancellation resolution for approval. Pursuant to the Euronext Growth Rules,
the Cancellation can only be effected by the Company if the resolution to
approve the Cancellation by the general meeting is passed by a requisite
majority, being not less than 75 per cent. of the votes cast.
After careful consideration, the board of the Company (the "Board") considers
the Cancellation to be in the best interest of the Company and its
stakeholders, including the Shareholders, for the reasons set out in Part V
(Background to, and rationale for, the Cancellation and operational update) of
this Circular. The Board unanimously recommends the Cancellation to you and
since we cannot complete without the general meeting's approval of the
Cancellation, recommends that you vote in favour of the Cancellation.
This Circular provides detailed information on the proposed Cancellation and
on a number of related matters. It begins with the convocation of the EGM and
the agenda item to be voted upon as well as the explanatory notes thereto
which should be considered. It continues with a description of the background
to, and rationale for, the Cancellation, followed by an operational update.
We encourage you to read this Circular carefully. We hope you will agree with
the recommendation of the Board to approve the Cancellation. We value and
thank you for your continued support and look forward to welcoming you to our
EGM on 20 March 2025.
Yours sincerely,
The Board
PART III
CONVOCATION AND AGENDA FOR THE EXTRAORDINARY GENERAL MEETING
Notice for the extraordinary general meeting (the "EGM") of Corre Energy B.V.,
with registered office in Groningen, the Netherlands, (the "Company") to be
held at Hilton Amsterdam Airport Schiphol with address Schiphol Boulevard 701,
1118 BN Schiphol, the Netherlands, on 20 March 2025 at 12:30 CET.
AGENDA
The EGM agenda includes the following items:
1. Opening of the meeting
2. Cancellation of the admission to trading of all issued shares in
the capital of Corre Energy B.V. on Euronext Growth Dublin
3. Close
EGM DOCUMENTATION
The EGM documents, consisting of the agenda and explanatory notes to the
agenda of the EGM, are included in Parts III and IV of this Circular and are
available on the Company's website (https://corre.energy
(https://corre.energy) ).
The EGM documents are also available for inspection at the offices of the
Company (Helperpark 278 3, 9723 ZA Groningen, the Netherlands). Copies may be
obtained free of charge by Shareholders and others entitled to attend the
meeting.
INFORMATION FOR SHAREHOLDERS
1. Record date
The Board has determined that holders of shares on 6 March 2025, after closing
of the books (the "Record Date") and who are registered as such in one of the
(sub)registers designated by the Board, have the right to attend the EGM and
exercise their voting rights in accordance with the number of shares thereof
held at the Record Date. The designated (sub)registers are the administration
records of the intermediaries within the meaning of Law of 22 January 2021
modifying the Law of 5 April 1993 on the financial sector and the Law of 6
April 2013 on dematerialised securities - being the securities settlement
system operated by LuxCSD S.A. - and the register of shareholders of the
Company.
2. Voting
Physical attending shareholders can vote during the EGM.
Shareholders holding shares through the systems of LuxCSD at the Record Date
(as set out in note 1 above) may cast their votes by sending the votes to the
agent, Banque Internationale à Luxembourg SA ("BIL") by electronic way
through a shareholder custodian bank and the clearing system LuxCSD no later
than 17:00 CET on 18 March 2025.
The results of the vote will be published on the website of the Company as
soon as possible after the EGM.
3. Attendance
Shareholders are entitled to attend the meeting in person or virtually.
Request for registration
Shareholders of the Company at the Record Date (as set out in note 1 above)
who wish to attend the meeting in person or virtually must send an e-mail to
cosec@corre.energy (mailto:cosec@corre.energy) . Shareholders must notify the
Company, stating the name, email address, phone number and the number of
shares held in the Company, which are and will be registered for the relevant
shareholder on the Record Date, no later than 15:00 CET on 17 March 2025 for
physical attendance and virtual attendance.
Admission and identification
Registration for admission to the EGM will take place on the date of the EGM
between 12:00 CET and the start of the meeting at 12:30 CET at the
registration desk. Registration will not be possible after this time.
Persons entitled to attend the EGM will be requested to identify themselves at
the registration desk prior to admission to the EGM and are therefore
requested to bring a valid identity document and proof of authority to
represent a shareholder (if relevant).
Virtual attendance
Shareholders who registered themselves no later than 15:00 CET on 17 March
2025 as set out above will receive a link from the Company to join the meeting
virtually. Any risks attached to attending the EGM virtually, such as any
failure or deficiency in the virtual meeting equipment, network
infrastructure, internet or telephone connectivity, video or voice equipment,
whether or not caused by the Company, are for the risk of the Shareholder.
4. Publication of information in advance of the EGM
A copy of this notice can be accessed on the Company's investor relations
website https://corre.energy (https://corre.energy) .
5. Right to ask questions
The Company understands that the EGM also serves as a forum for shareholders
to engage with the Board. Shareholders attending the EGM in person or
virtually will be rendered the opportunity to ask questions per separate
agenda item during the EGM. We kindly request attending shareholders to submit
their questions in advance no later than 15:00 CET on 17 March 2025.
6. Issued shares and total voting rights
As at 18:00 CET on 3 March 2025, being the last trading day prior to
publication of this notice, the Company's issued share capital comprised
77,607,348 shares of EUR 0.0045 each. Each share carries the right to one vote
at a general meeting of the Company. Pursuant to Dutch law, no votes may be
cast at a general meeting in respect of shares which are held by the Company.
As at 3 March 2025, the Company held no shares in its own capital. Therefore,
the total number of voting rights in the Company as at 18:00 CET on 3 March
2025 is 77,607,348 votes.
7. Communication
Shareholders who have general queries about the EGM should contact
cosec@corre.energy (mailto:cosec@corre.energy) .
PART IV
EXPLANATORY NOTES TO THE AGENDA FOR THE EXTRAORDINARY GENERAL MEETING
Agenda item 1 - Opening of the meeting
The EGM will be opened by the chair of the Board in accordance with article
21.14. of the Articles of Association or if the chair of the Board is not
present, by a non-executive director present or a person appointed by the
general meeting (such as Company's General Counsel).
Agenda item 2 - Cancellation of the listing and admission to trading of all
issued shares in the capital of Corre Energy B.V. on Euronext Growth Dublin
It is proposed that the general meeting approves the cancellation of the
admission to trading of all issued Shares on Euronext Growth Dublin.
Pursuant to the Euronext Growth Rules, the Cancellation can only be effected
by the Company if the resolution to approve the Cancellation by the general
meeting is passed by a requisite majority, being not less than 75 per cent. of
the votes cast.
After careful consideration, the Board considers the Cancellation to be in the
best interest of the Company and its stakeholders, including the Shareholders,
and unanimously recommends that the Shareholders vote "FOR" the Cancellation.
Please see Part V (Background to, and rationale for, the Cancellation and
operational update) of this Circular for additional information.
Agenda item 3 - Close
The chairperson of the EGM will close the meeting.
PART V
BACKGROUND TO, AND RATIONALE FOR, THE CANCELLATION AND OPERATIONAL UPDATE
1. Introduction
On 20 February 2025, the Company announced the proposal to cancel the
admission to trading of the Shares on Euronext Growth Dublin and to continue
as a private company. This part of the Circular provides a background to, and
rational for, the Cancellation. The Company also takes this opportunity to
provide its Shareholders with an operational update.
2. Reasons for the Cancellation
The Company is a private company with limited liability (besloten vennootschap
met beperkte aansprakelijkheid) in the Netherlands. The Shares have been
listed on Euronext Growth Dublin since September 2021. The Board continually
keeps the Company's listing arrangements under review.
Following the Company's strategic review announced on 30 September 2024, the
Company has conducted a thorough review of the merits of continuing with its
listing. The Board believes that its strategic goals would be more easily
delivered in a non-publicly quoted capacity and that the Cancellation will be
in the best interests of the Company and all its stakeholders, including the
Shareholders. In reaching this conclusion the Board has considered the
following key factors:
· Management has identified potential funding solutions for the
portfolio going forward which are outside the public markets. The Board
believes that maintaining a listing on Euronext Growth Dublin is unlikely to
offer the most effective or cost-efficient path to securing this funding.
· The Board also believes it is more appropriate and practical to
undergo any further changes required to its operating model outside the
constraints of market announcement obligations and confidentiality
constraints.
· Given its current constrained financial capabilities, the
Directors believe the time and resources associated with maintaining the
Company's public listing would be better utilised to maintain and invest in
its existing projects.
· The Board believes there is considerable support in the Company's
Shareholder base for the Cancellation.
Accordingly, the Board has concluded that it is no longer in the best
interests of the Company to maintain the listing, that it is appropriate to
cancel the listing and to pursue alternative measures to provide liquidity for
the Shareholders.
3. Shareholder considerations
This section identifies the most important consequences of the above changes.
However, it is not intended to be an exhaustive summary of all consequences,
nor can it take account of the individual circumstances of Shareholders.
Shareholders are advised to take appropriate advice from their professional
advisers.
Shareholders should take into consideration, amongst other things, that
following the Cancellation:
· there will be no public market for trading of the Shares on
Euronext Growth Dublin; and
· the provisions of the Euronext Growth Rules will no longer apply
to the Company (see paragraph 4 (Regulatory considerations) below).
Conditional upon the Cancellation being approved at the EGM, the Company will
apply to Euronext Growth Dublin to cancel the admission to trading of the
Shares on Euronext Growth Dublin.
It is anticipated that the last day of dealings of the Shares on Euronext
Growth Dublin will be 27 March 2025. Cancellation of the listing of the Shares
on Euronext Growth Dublin is expected to take effect at 7:00 Dublin time on 28
March 2025, being not less than 5 Business Days from the approval of the
Cancellation by the general meeting as required by the Euronext Growth Rules.
Following the Cancellation, the Shares will continue to be held through the
book-entry system of LuxCSD, a central securities depository pursuant to
Regulation (EU) 909/2014 of the European Parliament and of the Council of 23
July 2014 on improving securities settlement in the EU and on central
securities depositories and amending Directive 98/26/EC and 2014/65/EU, as
amended. The Shares will therefore continue to be held by Shareholders in
dematerialised form. In addition, BIL will continue to act as LuxCSD Principal
Agent and Paying Agent in its collaboration with LuxCSD. BIL will assist the
Company with transfers of Shares via LuxCSD, general meetings, the payment of
dividend and other corporate actions.
Alternative trading facility
The Company is seeking to put arrangements in place for a Matched Bargain
Facility with a third party which would facilitate Shareholders buying and
selling Shares on a matched bargain basis following Cancellation.
The matched bargain trading facility is expected to be provided by JP Jenkins
(www.jpjenkins.com
(https://gbr01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.jpjenkins.com%2F&data=05%7C02%7Calistair.metcalfe%40corre.energy%7C2dde8768abb648aada6708dd5a5f31c4%7C84aad411cab5410ab97f0edb9f4beb99%7C0%7C0%7C638766087153938300%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=jjeeAQG0uBWqSXAvY%2FxSHajGkLH%2BAs7RF%2BAg6%2FyMutU%3D&reserved=0)
) and will be reviewed on an annual basis. JP Jenkins is an appointed
representative of Prosper Capital LLP, which is authorised and regulated by
the FCA.
Should the Cancellation become effective and the Company puts in place the
Matched Bargain Facility, details will be made available to Shareholders on
the Company's website and directly by letter or e-mail (where appropriate).
The Matched Bargain Facility is expected (but is not certain) to operate for a
minimum of 12 months after the Cancellation. The Directors' current intention
is that it will continue beyond that time, but Shareholders should note
that there remains a risk that the Matched Bargain Facility may not be put in
place at the time of Cancellation, or if it is, it could be withdrawn and
therefore inhibit the ability to trade the Shares.
4. Regulatory considerations
The effect of the Cancellation would be that the Euronext Growth Rules would
no longer apply to the Company. Amongst others, the Euronext Growth Rules have
rules that relate to the following matters:
· the requirement to appoint a Euronext Growth Advisor;
· the requirement to announce any material information that might
have an effect on the assessment of the Shares;
· the requirement to make certain information relating to the
Company and the Shares available on the Company's website;
· the requirement to announce, or obtain Shareholder approval for,
certain transactions (depending on their size and nature) and for certain
transactions with 'related parties' of the Company;
· restrictions in relation to the Company and its directors and
employees dealing in securities and treasury shares of the Company; and
· various specific contents requirements that apply to circulars
issued by the Company to Shareholders.
Accordingly, Shareholders will no longer be afforded the protections given by
the Euronext Growth Rules.
In addition, neither the Market Abuse Regulation nor the Transparency
Regulation will apply following the Cancellation and, accordingly, the Company
will not be required, among other things, to:
· announce inside information that directly concerns it without
delay;
· publicly announce share dealings by persons discharging
managerial responsibilities, and the prohibitions on insider dealing and
unlawful disclosure of inside information shall not apply generally with
respect to delisted company; and
· publish its annual financial report within 4 months of the
financial year end, a half yearly report, or notifications received by it in
respect of new, or changes to the interests of, significant shareholders.
The articles of association of the Company (the "Articles of Association")
will not be amended at this stage. The Articles of Association include a
requirement for each Shareholder holding a shareholding position or a person
holding a gross short position in relation to the issued share capital of the
Company above 3%, which increase or decrease a shareholding or a gross short
holding position through any single percentage, to immediately notify this to
the Company. In addition, the Company may from time to time, by notice,
require any Shareholder to disclose to the Company in writing within such
period as may be specified in such notice (which shall not be less than 28
days from the date of issue of such notice) such information as the Board
require relating to the ownership of or any interest in the issued share
capital of the Company. These provisions will continue to apply.
5. Board and committee composition
The Cancellation will have not have an effect on the composition of the Board
and its committees.
6. Cancellation procedure
In accordance with the Euronext Growth Rules, the Company has notified
Euronext of the proposed Cancellation. Under the Euronext Growth Rules, the
Cancellation can only take place after the expiry of a period of twenty
Business Days from the date on which notice of the Cancellation is given.
The Euronext Growth Rules require that, if a company wishes to cancel its
listing on Euronext Growth Dublin, it must seek the approval of its
shareholders.
Pursuant to the Euronext Growth Rules, the Cancellation can only be affected
by the Company if the resolution to approve the Cancellation by the general
meeting is passed by a requisite majority, being not less than 75 per cent. of
the votes cast. In addition, a period of at least five Business Days
following the approval of the Cancellation by the general meeting is required
before the Cancellation may be put into effect. Accordingly, if the
Cancellation is approved by the general meeting, the Cancellation will become
effective at 07:00 Dublin time on 28 March 2025.
7. Operational update
The Company takes this opportunity to provide Shareholders with the following
operational update.
Following the Board's recent approval of a new 2-year strategic plan the
Company remains completely focused on delivering the opportunities in its
portfolio for the benefit of Shareholders. The Company is in a key sector,
long-duration energy storage ("LDES"), which is increasingly recognised as
vital to the success of the energy transition. The Company remains well placed
to capitalise on these trends and the complimentary integration of battery
energy storage systems ("BESS") with its compressed air energy storage
("CAES") technology uniquely positions the Company to create a more resilient
and adaptable millisecond to multi-day LDES infrastructure that meets the
diverse needs of its stakeholders and maximises Shareholder returns.
Along with the interim accounts published last September, the (then new) Board
and management announced an operational restructuring focused on all areas of
the business. This restructuring is now almost complete and will lead to an
annualised reduction in staff costs of over 50%, significantly greater control
of overheads with closures of dispersed offices, tighter control of
non-operating expenses in all areas and a complete restructuring of the
Group's trade creditor payment profile in line with current and expected
future cash flow. This dramatic reduction in fixed overhead is not expected to
impact the Group's ability to achieve the newly approved strategic plan.
This Company's strategy, set out in its 2-year plan, will focus on its key
three project developments areas:
· Ahaus in Germany;
· Green Hydrogen Hub in Denmark; and
· CAES Zuidwending in the Netherlands.
While each of these projects are at a different stage of development, the
Company would characterise them all as in the early-mid stage of development.
Ahaus, Germany
The Company's most developed project currently is its large-scale integrated
CAES and BESS LDES project in Ahaus, northern Germany. This integrated project
is expected to reach ready-to-build stage by late 2026 to early 2027. Once
operational this project will deliver a combined integrated CAES and BESS
generating capacity of 680MW.
Grid capacity is secured and the Company hopes to sign a grid connection
agreement during mid-2025. Cavern construction is well advanced and
Salzgewinnungsgesellschaft Westfalen (a subsidiary of the Solvay group), the
Company's cavern partner, is expected to deliver the first cavern in H2 2026.
A further two caverns will be delivered thereafter. Land has also been
secured. A preliminary EPC agreement with a leading technology supplier is in
advanced form ready to be finalised once permitting is more advanced.
As with all project development, permitting is a key step, and is
progressing well and in sufficient time to hopefully allow the Company to
enter into offtake negotiations by the end of 2025.
The recently approved strategic plan identified this Ahaus project as the
potentially single largest contributor to Shareholder value in the project
portfolio. The modelling based on derived market pricing and conservative risk
assessments shows excellent internal rates of return and net present values
and the Company will continue to invest accordingly.
Green Hydrogen Hub, Denmark
Stakeholder backing for this project remains strong and many of the key
development milestones (land acquisition, grid connection, permitting and
offtake agreements) are progressing very well and the Company expects to make
further progress throughout 2025.
However, as the Company referenced in September 2024, the scope and size of
the CAES development are challenged by cavern availability and sizing. The
Company continues to work closely with its partners to refine the scope of
this development and is encouraged by recent positive developments with
partners in this regard.
The Company will continue to advance its efforts to deliver the key milestones
but key capital investment will be closely monitored until the economic model
improves to justify stepping up investment.
CAES Zuidwending, the Netherlands
In June 2023, the CAES project in Zuidwending reached commercial close, which
means that it had secured a route to offtake, land acquisition rights, cavern
access and grid connection. Nonetheless, the project has since faced the same
permitting challenges as other projects in almost all sectors in the
Netherlands. Indeed, despite industry reports (notably from CE Delft)
outlining the desperate need for LDES - and significant amounts of CAES in
particular - in the Netherlands to achieve its 2035 energy goals, national
backing for permitting remains challenged.
However, the Company is encouraged by the recent grant of permits for
evaluation wells in the surrounding area and will continue to lobby heavily at
both a local, municipal and national level to ensure the CAES business model
is better understood. Capital investment is being tightly monitored until
movement in the permitting regime allows for the Company to step up
development. Nevertheless, the project model based on commercially agreed
offtake revenue and market analysis delivers strong returns and the Company
would readily commit more capital to the project in the event of an
improvement in the permitting regime.
Disposal of Zuidwending BESS
On 19 December 2024, the Company disposed of its 50% holding in the
Zuidwending BESS joint venture and no longer has any interest in this project.
This disposal was achieved less than 6 months after the joint venture was
formed, is the group's first commercial project success, and was delivered at
a relatively immature stage in the project development timeline demonstrating
management's ability to create and realise value as we move into the new
business model. The Board wishes its previous partners in the Zuidwending BESS
project well in their continued development of the project.
Funding update
Following the above disposal of the Company's 50% stake in the Zuidwending
BESS joint venture for €4 million on 19 December 2024, the Company's
February end cash position is approximately €1.6 million. This net cash
position reflects the one-off extraordinary nature of the cash restructuring
for fixed cost reduction and creditor management incurred by the Company in Q1
of 2025. The group also has €0.9 million remaining to be draw-down from the
shareholder loan facility established in August 2024.
As announced on 20 February 2024, management has identified potential funding
solutions for the portfolio going forward, that are progressing, which are
outside the public markets.
PART VI
DEFINITIONS
The following definitions apply throughout this Circular and the Form of
Proxy, unless the context requires otherwise:
Articles of Association the articles of association of the Company, as amended from time to time
BESS battery energy storage systems
BIL Banque Internationale á Luxembourg S.A., 69, route d'Esch, L-2953 Luxembourg,
the Company's LuxCSD Principal Agent and Paying Agent
Board the board (bestuur) of the Company
Business Day a day, other than a Saturday, Sunday or public holiday in Dublin unless the
context otherwise requires
CAES compressed air energy storage
Cancellation the cancellation of the admission to trading of all issued Shares on Euronext
Growth Dublin
Circular this shareholder circular
Company Corre Energy B.V., a private company with limited liability (besloten
vennootschap met beperkte aansprakelijkheid) incorporated under the laws of
the Netherlands and registered with the Dutch trade register under number
82068046
Convocation the convocation, including the agenda, for the EGM
EGM the Company's extraordinary general meeting, which will be held at Hilton
Amsterdam Airport Schiphol with address Schiphol Boulevard 701, 1118 BN
Schiphol, the Netherlands on 20 March 2025 at 12:30 CET
Euronext Dublin the Irish Stock Exchange plc, trading as Euronext Growth Dublin
Euronext Growth Dublin the Euronext Growth Dublin, a multilateral trading facility operated by
Euronext Dublin
Euronext Growth Rules the rules relating to Euronext Growth under Part I (Harmonised Rules) and Part
II (Non-Harmonised Rules) of the Euronext Growth Markets Rule Book (Effective
Date: 30 November 2020)
LDES long-duration energy storage
LuxCSD LuxCSD S.A., a public company under the laws of the Grand Duchy of Luxembourg
and registered with the trade and companies register in Luxembourg (Registre
de Commerce et des Sociétés)
Shareholder a holder of one or more Shares
Shares the shares with a nominal value of €0.0045 each in the capital of the
Company
QCA Code the corporate governance code for small and mid-size quoted companies
published by the Quoted Companies' Alliance
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