PannErgy Plc hereby advises the actors of the capital market that in line with Resolution 2023.04.28/8 of its General Meeting held on 28 April 2023, within the framework of the Share Repurchasing Program PannErgy Plc ordinary shares have been acquired at the Budapest Stock Exchange, with the involvement of Concorde Securities Ltd as the investment service provider, as follows.
date
description of the share
quantity
average price
(number)
(HUF/share)
23.02.2024
PannErgy ordinary share
5000
1455,5
Consequently, the number of PannErgy ordinary share held by the Company as ordinary shares changed to 4 898 120 shares. After the transactions, the rate of treasury shares is 24,49% in total.
PannErgy Nyrt. informs capital market participants that in line with the Company's applicable extraordinary announcement of 13 June 2023, it will suspend its own share purchase programme launched on 2 May 2023 during the closed period - from 26 February 2024 to 27 March 2024 - as set out in Article 19(11) of Regulation (EU) No 596/2014 (MAR) and, as such, no own share purchases will be made. Following this period, purchases of own shares will resume without further notice and on unchanged terms.
PannErgy Plc
This announcement is published in Hungarian and English languages. In case of any contradiction between these two versions, the Hungarian version shall prevail.
PannErgy Plc
H-1112 Budapest, Boldizsár u. 2. D lépcsőház 8. em. Hungary
Budapest ONE Business Park
Cégjegyzékszám / Registered number: 01-10-041618
Telephone: +36 1 323 2383; Fax: +36 1,323 2373
Adószám / VAT reg. number: 10558377-2-43 EU adóigazgatási szám / EU VAT reg. number: HU10558377
CIB BANK SWIFT: CIBHHUHB
HUF IBAN: HU53 1070 0024 0250 2106 5110 0005
EUR IBAN: HU11 1070 0024 0250 2106 5000 0005
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PannErgy Nyrt. is engaged in the energy related utilization, exploration and sale of renewable geothermal energy. The Company, through its subsidiaries, operates geothermal projects in Miskolc, Gyor, Szentlorinc and Berekfurdo, among others. The Company operates through two segments: Energy and Asset Management. The Energy segment includes member firms and activities focusing on energy production along with the activities supporting and serving energy investments. The Asset Management segment focuses primarily on the management of the properties in Csepel and Debrecen that are not necessary for the Energy segment directly. The Asset Management segment also includes the management and direction of the Company as a financial holding and a stock exchange issuer. The Company's subsidiaries include PMM Zrt., Kuala Kft., PannErgy Geotermikus Eromuvek Zrt., TT Geotermia Zrt., Miskolc Geotermia Zrt., Arrabona Geotermia Kft. and DoverDrill Melyfuro Kft. PMM Zrt.