• Partial exercise of the Over-Allotment Option with the final amount of the Offer increased to €20.5 million
  • Signing & implementation of a liquidity contract with Portzamparc BNP Paribas

Regulatory News:

OKwind Group, the renewable energy self-consumption specialist announces the end of the stabilization period and the partial exercise by Portzamparc of the Over-Allotment Option for 83.3% in the context of its IPO on the Euronext Growth® market in Paris (ISIN code : FR0013439627 – Ticker symbol : ALOKW).

This transaction results in the issuance of 30,810 new ordinary shares at the Offer Price of €10.81, representing a total amount of € 0.3 million, bringing the size of the Offer to €20.5 million.

As a result, the free float now represents approximately 21.34% of OKwind Group’s share capital. The total number of shares offered in the initial public offering amounts to 1,897,345 shares, of which 1,757,466 new shares and 139,879 shares sold.

End of the stabilization period

The Company has received notification that Portzamparc, acting as Stabilization Agent in the context of the first admission to trading of ordinary shares of OKwind Group on Euronext Growth Paris, has carried out stabilization activities (as defined in Article 3.2(d) of Regulation (EU) No 596/2014 (the "Market Abuse Regulation")) on the following securities:

Issuer:

OKwind Group

Securities:

Ordinary shares with a par value of EUR 1.00 (ISIN : FR0013439627)

Offering size:

1,866,535 ordinary shares (excluding the Over-Allotment Option)

Offer price:

EUR 10.81 per ordinary shares

Market:

Euronext Growth Paris

Stabilization Agent :

Portzamparc BNP Paribas

The stabilization period, which started on 8 July 2022, ended on 4 August 2022. Pursuant to Article 6, paragraph 2, of the Commission Delegated Regulation (EU) 2016/1052 supplementing the Market Abuse Regulation with regard to technical regulatory standards concerning the conditions applicable to buyback programs and stabilization measures, OKwind Group, on the basis of the information provided by Portzamparc, is publishing in this press release the information relating to the stabilization activities carried out by Portzamparc as Stabilization Agent:

Execution date

Intermediary

Buy / Sell

Number of shares

Average transaction price (in €)

Lowest / highest price (in €)

Aggregate amount (in €)

Market

08/07/2022

Portzamparc

Buy

3,096

10.7295

10.00 / 10.81

33,218.53

Euronext Growth

11/07/2022

Portzamparc

Buy

1,000

10.8099

10.79 / 10.81

10,809.90

Euronext Growth

12/07/2022

Portzamparc

Buy

0

0

0

0

Euronext Growth

13/07/2022

Portzamparc

Buy

200

10.8099

10.8/10.81

2,161.98

Euronext Growth

14/07/2022

Portzamparc

Buy

24

10.81

10.81 / 10.81

259.44

Euronext Growth

15/07/2022

Portzamparc

Buy

25

10.81

10.81 / 10.81

270.25

Euronext Growth

18/07/2022

Portzamparc

Buy

250

10.6188

10.61 / 10.81

2,654.70

Euronext Growth

19/07/2022

Portzamparc

Buy

85

10.7535

10.69 / 10.81

914.05

Euronext Growth

20/07/2022

Portzamparc

Buy

0

0

0

0

Euronext Growth

21/07/2022

Portzamparc

Buy

87

10.6785

10.60 / 10.81

929.03

Euronext Growth

22/07/2022

Portzamparc

Buy

0

0

0

0

Euronext Growth

25/07/2022

Portzamparc

Buy

0

0

0

0

Euronext Growth

26/07/2022

Portzamparc

Buy

0

0

0

0

Euronext Growth

27/07/2022

Portzamparc

Buy

1,147

10.81

10.81 / 10.81

12,399.07

Euronext Growth

28/07/2022

Portzamparc

Buy

0

0

0

0

Euronext Growth

29/07/2022

Portzamparc

Buy

0

0

0

0

Euronext Growth

01/08/2022

Portzamparc

Buy

0

0

0

0

Euronext Growth

02/08/2022

Portzamparc

Buy

86

10.77

10.77/10.77

926.22

Euronext Growth

03/08/2022

Portzamparc

Buy

190

10.80

10.80 / 10.80

2,052.00

Euronext Growth

04/08/2022

Portzamparc

Buy

0

0

0

0

Euronext Growth

The detailed list of transactions is available on OKwind Group’s website (https://www.okwind-finance.com).

This press release is issued also on behalf of Portzamparc pursuant to Article 6, paragraph 2, of Commission Delegated Regulation (EU) 2016/1052.

Breakdown of Capital and Voting Rights

Following the Offering and the partial exercise of the Over-Allotment Option, the share capital and the voting rights of the Company are distributed as follows:

Shareholders

Numbers of shares % of capital Voting rights % of voting rights

Maurice Family

1,557,295

18.92%

3,084,703

21.20%

Sallé Family

1,818,021

22.08%

3,594,524

24.70%

Heulot Family

1,156,399

14.05%

2,286,789

15.72%

Subtotal

4,531,715

55.05%

8,966,016

61.62%

Christian Blais

534,596

6.49%

1,068,465

7.34%

Frédéric Bellanger

449,904

5.47%

898,354

6.17%

Thierry Bernard

413,318

5.02%

817,185

5.62%

Others

546,257

6.64%

1,043,891

7.17%

Public

1,756,636

21.34%

1,756,636

12.07%

Total

8,232,426

100%

14,550,547

100%

Liquidity contract

OKwind Group also announces that it has entrusted Portzamparc with the implementation of a liquidity contract, in accordance with the legal framework in force, and in particular with the provisions of the French Financial Markets Authority's (AMF) decision n° 2021-01 of 22 June 2021. It complies with the AMAFI Charter of Ethics. This liquidity contract is concluded for a period of one year, automatically renewable, taking effect as of 5 August 2022. A sum of €200,000 in cash has been allocated to the liquidity account.

Execution of the liquidity contract may be suspended:

  • under the conditions referred to in Article 5 of the AMF decision n° 2021-01 of 22 June 2021;
  • if the share is listed outside the thresholds authorized by the Group’s Shareholders’ Meeting; and
  • at any time upon OKwind Group’s request, under its responsibility.

The liquidity contract may be terminated at any time and without prior notice by OKwind Group at any time by Portzamparc subject to a one month notice.

About Groupe OKwind

Founded in 2009 by Louis Maurice, Chairman and Chief Executive Officer, Groupe OKwind develops solutions for the production and consumption of green energy in short supply chains. Our comprehensive approach, combining energy generation and management, aims to strengthen energy autonomy and thus accelerate the ecological transition. Thanks to its unique technological ecosystem, Groupe OKwind enables self-consumption to assert itself as a new avenue for energy. A solution that can be quickly deployed, managed in real time and at a competitive price, without subsidies. Every day, we work to deploy local, low-carbon, fixed-cost energy for professionals and individuals. In 2021, Groupe OKwind generated consolidated revenue of €25.2 million and had 131 employees, with more than 2,000 installations throughout France.

For further information: https://www.okwind.fr/en/

Disclaimer

This announcement is not being made in and copies of it may not be distributed or sent, directly or indirectly, into the United States of America, Canada, Australia or Japan.

The distribution of this document may be restricted by law in certain jurisdictions. Persons into whose possession this document comes are required to inform themselves about and to observe any such restrictions.

This press release is provided for information purposes only. It does not constitute and should not be deemed to constitute an offer to the public of securities, nor a solicitation of the public relating to an offer of any kind whatsoever in any country, including France. Potential investors are advised to read the prospectus before making an investment decision in order to fully understand the potential risks and rewards associated with the decision to invest in the securities.

This announcement is an advertisement and not a prospectus within the meaning of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, as amended (the “Prospectus Regulation”), also forming part of the domestic law in the United Kingdom by virtue of the European Union (Withdrawal) Act 2018 (the “EUWA”).

With respect to the member States of the European Economic Area and to the United Kingdom, no action has been undertaken or will be undertaken to make an offer to the public of the securities referred to herein requiring a publication of a prospectus in any relevant member State other than France or the United Kingdom. As a result, the securities may not and will not be offered in any relevant member State other than France or the United Kingdom except in accordance with the exemptions set forth in Article 1(4) of the Prospectus Regulation, also forming part of the domestic law in the United Kingdom by virtue of EUWA, or under any other circumstances which do not require the publication by OKwind Group of a prospectus pursuant to Article 3(2) of the Prospectus Regulation, also forming part of the domestic law in the United Kingdom by virtue of EUWA, and/or to applicable regulations of that relevant member State or the United Kingdom. In France, an offer to the public of securities may not be made except pursuant to a prospectus that has been approved by the French Financial Markets Authority (the “AMF”). The approval of the prospectus by the AMF should not be understood as an endorsement of the securities offered or admitted to trading on a regulated market.

It does not constitute an offer to purchase or to subscribe for securities in the United States or in any other jurisdiction.

Not for distribution, directly or indirectly, in the United States of America, Canada, Australia or Japan

Groupe OKwind Investor Relations investors@okwind.com

NewCap Mathilde Bohin / Thomas Grojean Investor Relations okwind@newcap.eu T.: +33 (0)1 44 71 94 94

NewCap Nicolas Merigeau Media Relations okwind@newcap.eu T.: +33 (0)1 44 71 94 98

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