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Decreased number of shares and votes in Orrön Energy AB

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Orrön Energy AB (publ) has announced a decrease in its total number of shares and votes as of 30 August 2024. The company's share count now stands at 285,905,187, following the retirement of 19,427 shares as decided during an extraordinary general meeting on 7 August 2024.

Orrön Energy, listed on Nasdaq Stockholm under the ticker 'ORRON', is an independent renewable energy company within the Lundin Group. The company's portfolio includes cash-generating assets in the Nordics and growth opportunities across the Nordics, UK, Germany, and France. With strong financial capacity and backed by experienced management, Orrön Energy is well-positioned to create shareholder value through the energy transition.

Orrön Energy AB (publ) ha annunciato una diminuzione del numero totale di azioni e diritti di voto al 30 agosto 2024. Il numero di azioni della società è ora di 285.905.187, a seguito del ritiro di 19.427 azioni deciso durante un'assemblea generale straordinaria del 7 agosto 2024.

Orrön Energy, quotata su Nasdaq Stoccolma con il ticker 'ORRON', è un'azienda indipendente di energie rinnovabili all'interno del Gruppo Lundin. Il portafoglio della società include attivi generativi di cassa nei Paesi nordici e opportunità di crescita tra Paesi nordici, Regno Unito, Germania e Francia. Con una forte capacità finanziaria e supportata da una gestione esperta, Orrön Energy è ben posizionata per creare valore per gli azionisti attraverso la transizione energetica.

Orrön Energy AB (publ) ha anunciado una disminución en el número total de acciones y votos a partir del 30 de agosto de 2024. La cantidad de acciones de la empresa ahora es de 285.905.187, tras el retiro de 19.427 acciones decidido durante una reunión general extraordinaria el 7 de agosto de 2024.

Orrön Energy, cotizada en Nasdaq Estocolmo bajo el ticker 'ORRON', es una empresa independiente de energía renovable dentro del Grupo Lundin. La cartera de la empresa incluye activos generadores de efectivo en los Países Nórdicos y oportunidades de crecimiento en los Países Nórdicos, el Reino Unido, Alemania y Francia. Con una sólida capacidad financiera y respaldada por una gestión experimentada, Orrön Energy está bien posicionada para generar valor para los accionistas a través de la transición energética.

Orrön Energy AB (publ)는 2024년 8월 30일 현재 총 주식 수와 투표 수의 감소를 발표했습니다. 회사의 주식 수는 285,905,187주로, 2024년 8월 7일 열린 임시 총회에서 19,427주의 주식이 퇴출된 결과입니다.

Orrön Energy는 'ORRON'이라는 티커 아래 나스닥 스톡홀름에 상장된 독립적인 재생 에너지 회사로, Lundin Group의 일부입니다. 회사의 포트폴리오는 북유럽 지역의 현금 생성 자산과 북유럽, 영국, 독일, 프랑스 전역의 성장 기회를 포함하고 있습니다. 강력한 재무 능력과 경험이 풍부한 경영진의 지원을 바탕으로, Orrön Energy는 에너지 전환을 통해 주주 가치를 창출할 수 있는 좋은 위치에 있습니다.

Orrön Energy AB (publ) a annoncé une baisse du nombre total d'actions et de droits de vote au 30 août 2024. Le nombre d'actions de l'entreprise s'élève désormais à 285.905.187, suite au retrait de 19.427 actions décidé lors d'une assemblée générale extraordinaire le 7 août 2024.

Orrön Energy, cotée sur le Nasdaq Stockholm sous le ticker 'ORRON', est une entreprise indépendante d'énergie renouvelable au sein du Groupe Lundin. Le portefeuille de l'entreprise comprend des actifs générant des liquidités dans les pays nordiques et des opportunités de croissance à travers les pays nordiques, le Royaume-Uni, l'Allemagne et la France. Avec une solide capacité financière et soutenue par une direction expérimentée, Orrön Energy est bien positionnée pour créer de la valeur pour les actionnaires grâce à la transition énergétique.

Orrön Energy AB (publ) hat zum 30. August 2024 eine Abnahme der Gesamtzahl der Aktien und Stimmen bekannt gegeben. Die Anzahl der Aktien des Unternehmens beträgt jetzt 285.905.187, nachdem 19.427 Aktien auf einer außerordentlichen Hauptversammlung am 7. August 2024 zurückgezogen wurden.

Orrön Energy, die an der Nasdaq Stockholm unter dem Ticker 'ORRON' notiert ist, ist ein unabhängiges Unternehmen für erneuerbare Energien innerhalb der Lundin-Gruppe. Das Portfolio des Unternehmens umfasst cashgenerierende Vermögenswerte in den nordischen Ländern sowie Wachstumschancen in den nordischen Ländern, Großbritannien, Deutschland und Frankreich. Mit starker finanzieller Kapazität und erfahrenem Management ist Orrön Energy gut positioniert, um durch den Energiesektor einen Mehrwert für die Aktionäre zu schaffen.

Positive
  • Streamlined share structure following retirement of 19,427 shares
  • Strong financial capacity to fund growth and acquisitions
  • Diverse portfolio of cash flow generating assets in the Nordics
  • Growth opportunities in multiple European markets
Negative
  • Reduction in total number of shares and votes

As of 30 August 2024, the total number of shares and votes in Orrön Energy AB (publ) amounts to 285,905,187.

The number of shares and votes in Orrön Energy has decreased during August following the retirement of 19,427 shares as resolved upon during an extraordinary general meeting on 7 August 2024.


For further information, please contact:

Robert Eriksson
Director Corporate Affairs and Investor Relations
Tel: +46 701 11 26 15
robert.eriksson@orron.com

Jenny Sandström
Communications Lead
Tel: +41 79 431 63 68
jenny.sandstrom@orron.com


This information is information that Orrön Energy AB is obliged to make public pursuant to the Swedish Financial Instruments Trading Act. This information was submitted for publication at 09.00 CEST on 30 August 2024.

Orrön Energy is an independent, publicly listed (Nasdaq Stockholm: “ORRON”) renewable energy company within the Lundin Group of Companies. Orrön Energy’s core portfolio consists of high quality, cash flow generating assets in the Nordics, coupled with greenfield growth opportunities in the Nordics, the UK, Germany and France. With significant financial capacity to fund further growth and acquisitions, and backed by a major shareholder, management and Board with a proven track record of investing into, leading and growing highly successful businesses, Orrön Energy is in a unique position to create shareholder value through the energy transition.


Forward-looking statements
Statements in this press release relating to any future status or circumstances, including statements regarding future performance, growth and other trend projections, are forward-looking statements. These statements may generally, but not always, be identified by the use of words such as “anticipate”, “believe”, “expect”, “intend”, “plan”, “seek”, “will”, “would” or similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that could occur in the future. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to several factors, many of which are outside the company’s control. Any forward-looking statements in this press release speak only as of the date on which the statements are made and the company has no obligation (and undertakes no obligation) to update or revise any of them, whether as a result of new information, future events or otherwise.

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FAQ

What is the new total number of shares for Orrön Energy AB (ORRON) as of 30 August 2024?

As of 30 August 2024, the total number of shares and votes in Orrön Energy AB (ORRON) amounts to 285,905,187.

How many shares were retired by Orrön Energy AB (ORRON) in August 2024?

Orrön Energy AB (ORRON) retired 19,427 shares in August 2024, as resolved upon during an extraordinary general meeting on 7 August 2024.

What are the main geographical areas of focus for Orrön Energy AB's (ORRON) growth opportunities?

Orrön Energy AB (ORRON) focuses on growth opportunities in the Nordics, the UK, Germany, and France.

On which stock exchange is Orrön Energy AB (ORRON) listed?

Orrön Energy AB is listed on Nasdaq Stockholm under the ticker symbol 'ORRON'.

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