FDE buys back c. 0.63% of his share issued capital via its buy-back program
09 Mai 2023 - 10:12PM
Business Wire
Regulatory News:
FDE (Euronext: FDE - ISIN: FR0013030152), a carbon negative
energy producer, announces that it has bought back on May 8th,
2023, 32 718 of its shares.
FDE initiated the implementation of the share buyback program in
accordance with its announcement made on January 30th, 2023 and the
delegation of authority adopted by the Annual General Meeting of
Shareholders of November 30th, 2022.
This buy-back took place over the counter and represents an
envelope of €1.15 million at an average price of €35.15 per share.
Compared to the average closing price of the stock for the 20 days
preceding My 8th, 2023 (i.e. a price of €36.94), the price per
share in the context of this share buyback implies a discount of
4.85%
Aggregated presentation:
Issuer Name
Issuer ID
Transaction Date
Financial instrument
ID
Total daily volume
(# of shares)
Daily VWAP of purchased shares
(€)
Market
FDE SA
969500R4CLSQFTYYI535
08-05-23
FR0013451333
32 718
35.15
MIC code (ISO 10383)
Following this operation, FDE holds 1.62% of its capital
(excluding its own shares held under the liquidity contract).
This transaction is fully financed with available cash and will
not affect the financial capacity of the group, still focused on
the implementation of its various organic and external growth
projects.
FDE reiterates its FYE 2026 objectives of annualized revenues
exceeding €100 million with an EBITDA reaching over €50 million,
combined with 10 million tons of CO2eq emissions avoided per
annum.
Next announcement: FY 2023 annual
sales – July 20th 2023
Reuters code: LFDE.PA
Bloomberg code: LFDE.FP
About La Française de l’Énergie
FDE is a negative carbon footprint energy group, specialized in
the implementation of local energy recovery and production sites,
allowing the reduction of greenhouse gas emissions. FDE notably
supplies regional players with gas, electricity, heat and CO2, thus
replacing imported energy with local, cleaner energy. FDE aims to
become a leading independent player in the energy sector in
Europe.
More information available on www.francaisedelenergie.fr
Disclaimer
This press release contains certain forward - looking statements
and estimates concerning LFDE’s financial condition, operating
results, strategy, projects and future performance and the markets
in which it operates. Such forward-looking statements and estimates
may be identified by words such as “anticipate,” “believe,” “can,”
“could,” “estimate,” “expect,” “intend,” “is designed to,” “may,”
“might,” “plan,” “potential,” “predict,” “objective,” “should,” or
the negative of these and similar expressions. They incorporate all
topics that are not historical facts. Forward looking statements,
forecasts and estimates are based on management’s current
assumptions and assessment of risks, uncertainties and other
factors, known and unknown, which were deemed to be reasonable at
the time they were made but which may turn out to be incorrect.
Events and outcomes are difficult to predict and depend on factors
beyond the company’s control. Consequently, the actual results,
financial condition, performances and/or achievements of LFDE or of
the industry may turn out to differ materially from the future
results, performances or achievements expressed or implied by these
statements, forecasts and estimates. Owing to these uncertainties,
no representation is made as to the correctness or fairness of
these forward-looking statements, forecasts and estimates.
Furthermore, forward-looking statements, forecasts and estimates
speak only as of the date on which they are made, and LFDE
undertakes no obligation to update or revise any of them, whether
as a result of new information, future events or otherwise, except
as required by law.
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Press contact@francaisedelenergie.fr + 33 3 87 04 34
51
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