PNE AG - Der Hauptsitz des Unternehmens in Cuxhaven

Early closing of the offer period of the 2022/2027 bond due to high demand

  • Target volume of euro 50 million already exceeded
  • Closing of the institutional order book already on June 14 at 09:00 (CEST) (instead of June 15, 2022)
  • Subscription via the stock exchange ends on June 15, 2022 at 10:00 a.m. (CEST)

Cuxhaven, June 13, 2022 – At PNE AG, a leading international developer and operator of renewable energy power plants with a listing in the Prime Standard of the German Stock Exchange and soon to be a member of the SDAX, the bond has drawn great interest from both existing and new investors. Subscriptions received so far have already exceeded the target volume of euro 50 million. Due to the strong demand, the offer period for the PNE AG bond 2022/2027 (ISIN: DE000A30VJW3) will be shortened. The institutional order book will already close tomorrow, Tuesday, June 14, at 9:00 a.m. (CEST). The exchange period for existing investors ended as scheduled today, June 13, 2022 at 10:00 a.m.. In view of a grace period of 48 hours for exchange investors, the public offer via the subscription functionality of the Frankfurt Stock Exchange will therefore close on Wednesday, June 15, 2022 at 10:00 a.m. (CEST). The original subscription deadline was June 15, 2022 (14:00 CEST).

The final allocation of the new bond 2022/2027 is expected to be carried out on June 15, 2022 and subsequently published in a volume fixing announcement. A listing on the Open Market of the Frankfurt Stock Exchange (Quotation Board) is planned for June 23, 2022.

PNE-Ansprechpartner Alexander Lennemann
Alexander Lennemann