Public disclosure of inside information according to article 17 MAR
7C Solarparken AG: Repurchase of shares
Bayreuth (pta026/03.04.2025/13:30 UTC+2)
Today, the management board of 7C Solarparken AG (the "Company") has resolved today with the approval of the supervisory board to repurchase up to 4,545,454 shares of the Company on the stock exchange at a total purchase price of (without transaction costs) of up to EUR 10.0 Mio. The share buy back will be executed based on the authorisation granted by the general meeting of the Company of June, 6th 2024.
All buy backs will be executed by a Bank. The share buy back will be executed at a share price of no more than EUR 2.20 per share. The repurchase program will start on April, 4th 2025 and will end on December, 31st 2025 at the latest. It is possible that the Company will not use the full amount of EUR 10.0 Mio. for the repurchases.
The repurchased shares could be used for all purposes listed in the authorisation resolution of the general assembly of June, 6th 2024.
The Company reserves the right to change the modalities of the repurchase program or end it altogether.
Further details on the share buyback will be published on the company's website under https://www.solarparken.com/en/aktie.php.
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Emitter: |
7C Solarparken AG An der Feuerwache 15 95445 Bayreuth Germany |
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Contact Person: | Koen Boriau | |
Phone: | +49 921 230557-77 | |
E-Mail: | info@solarparken.com | |
Website: | www.solarparken.com | |
ISIN(s): | DE000A11QW68 (Share) | |
Stock Exchange(s): | Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate | |
Other Stock Exchanges: | London |