Brief: Voltabox - Trionity Invest To Increase Voltabox Shareholding

Voltatron AG

13/01/2022 10:14

Jan 13 (Reuters) - VOLTABOX AG  VBX.DE :
    * STRATEGIC ANCHOR INVESTOR TRIONITY INVEST TO INCREASE
VOLTABOX
SHAREHOLDING
    * EXPECTS THAT TRIONITY INVEST WILL EXCEED CONTROL THRESHOLD
OF
30% IN VOLTABOX AG BY EXERCISING ITS CALL OPTION.
    * MANAGEMENT BOARD OF VOLTABOX WELCOMES DECISION OF BAFIN
AND
PLANNED CONTRIBUTIONS OF TRIONITY INVEST TO RESTRUCTURING OF
COMPANY, AS THIS IS ONLY WAY THAT REALIGNMENT OF VOLTABOX
BUSINESS MODEL CAN TAKE PLACE ON A SOUND FINANCIAL BASIS
    * Q4 NATURAL GAS SALES VOLUMES IN TWH AT -
    * COORDINATION OF CORRESPONDING AGREEMENTS, WHICH ARE
ALREADY
AVAILABLE IN FORM OF TERM SHEETS, HAS COMMENCED IMMEDIATELY

Source text for Eikon:  ID:nEQ7Lw7ZGa 
Further company coverage:  VBX.DE 

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