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Ascopiave Sells To Hera 8% Of EstEnergy Share Capital

ASCHER

Ascopiave Spa ASC:

  • SELLS TO HERA 8% OF ESTENERGY SHARE CAPITAL

  • SALE PRICE IS BASED ON GROUP'S FAIR MARKET VALUE OF EUR 79.2 MILLION WITH PAYMENT EXPECTED IN DEC 2022

  • AS A RESULT OF THIS OPERATION HERA TO HOLD 60% OF ESTENERGY

  • AS A RESULT OF THIS OPERATION ASCOPIAVE TO HOLD 40% OF ESTENERGY

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