Under the authorization granted by the combined general shareholders' meeting
on May 26, 2020 for implementing a share buyback programme, Neoen announces
today that it has signed a mandate with an investment services provider to
purchase up to 100,000 shares during the period from July 7 to September 25,
2020, for a maximum amount of 40 (forty) euros per share.
The purpose of this transaction is to acquire shares for allocation to maturing
free shares plans.
Neoen is one of the world's leading and fastest growing independent producers
of exclusively renewable energy. With a capacity of more than 3 GW in operation
or under construction, Neoen is a high-growth company. Neoen is notably active
in France, Australia, Mexico, El Salvador, Argentina, Finland, Portugal,
Ireland, Zambia, Jamaica and Mozambique. In particular, Neoen operates France's
most powerful solar PV farm (300 MWp) in Cestas, and the world's largest
lithium-ion power reserve (150 MW/193.5 MWh storage capacity) in Hornsdale,
Australia. Neoen is targeting at least 5 GW capacity in operation or under
construction by end of 2021. Neoen (ISIN Code: FR0011675362, ticker: NEOEN) is
listed in Compartment A of the regulated market of Euronext Paris.