Brief: Kenon’s Subsidiary OPC Energy Announces Updates in respect of its Subsidiary Gnrgy

Kenon Holdings

16/01/2024 11:32

Jan 16 (Reuters) - Kenon Holdings Ltd  KEN.N :
    * KENON HOLDINGS-UNIT OPC ENERGY LTD. HAS ANNOUNCED THAT OPC
HOLDINGS ISRAEL LTD. HAS ENTERED SEPARATION AGREEMENT WITH
MINORITY SHAREHOLDER IN GNRGY
    * KENON HOLDINGS-PURSUANT TO AGREEMENT, OPC ISRAEL HAS FIRST
RIGHT
TO PURCHASE ALL OF GNRGY'S SHARES IN GNRGY ON DATES AND TERMS
SET FORTH IN AGREEMENT
    * KENON HOLDINGS: OPC BELIEVES TO RECORD IMPAIRMENT IN
RESPECT OF
GNRGY SHARES OF ABOUT NIS 20-24 MILLION IN FINANCIAL STATEMENTS
AS OF DEC 31, 2023
    * KENON HOLDINGS: OPC EXPECTS TO RECORD FURTHER LOSS OF
APPROXIMATELY NIS 5 MILLION IN ITS FINANCIAL STATEMENTS AS OF
DEC 31, 2023

Further company coverage:  KEN.N 

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