PRESS RELEASE : Photon Energy NV: Photon Energy Receives Prospectus Approval for Listing on Regulated Markets of the Warsaw and Prague Stock Exchanges

 
 DGAP-News: Photon Energy NV / Key word(s): Regulatory Approval 
Photon Energy NV: Photon Energy Receives Prospectus Approval for Listing on 
Regulated Markets of the Warsaw and Prague Stock Exchanges 
 
2020-12-15 / 08:02 
The issuer is solely responsible for the content of this announcement. 
 
*Photon Energy Receives Prospectus Approval for Listing on Regulated Markets 
of the Warsaw and Prague Stock Exchanges* 
 
*- *_The approval of the prospectus by the Dutch financial market regulating 
authority (AFM) will allow the Company to transfer the listing of its shares 
from the alternative trading system NewConnect in Warsaw and the unregulared 
Free Market in Prague to the regulated markets of the Warsaw Stock Exchange 
and the Prague Stock Exchange._ 
 
_- The transfer to the regulated markets is expected in early January 2021, 
is not being combined with a share issue and is intended to stimulate 
trading liquidity, diversify the investor base and improve shareholder 
confidence through changes in corporate governance._ 
 
_- In preparation for the listing the Company has appointed a supervisory 
board and audit committee in line with the best practices of regulated 
markets._ 
 
*Amsterdam *- *15 December 2020* - Photon Energy N.V. (WSE, PSE: PEN, the 
'Company') is pleased to announce that on 14 December 2020 the Netherlands 
Authority of the Financial Markets (_Stichting Autoriteit Financiële 
Markten,_ the AFM) approved the Company's prospectus, prepared in connection 
with the admission to listing and trading of all the Company's shares on the 
regulated markets of the Warsaw and Prague Stock Exchanges (the 
'Prospectus'), thus allowing for the change of the markets on which the 
shares are currently listed (i.e. NewConnet in Poland and Free Market in the 
Czech Republic). 
 
The Company intends to apply for the admission of shares to the 
above-mentioned regulated markets without undue delay and is expecting the 
introduction of its shares to the regulated markets in early January 2021. 
The listings will not involve any issuance of new shares. All shares will be 
traded under the present ticker symbol 'PEN' and ISIN code NL0010391108. 
 
'The approval of the Prospectus by AFM to be followed shortly by our debut 
on the main markets of the Warsaw and Prague stock exchanges is a key 
milestone coinciding with our entry into the Polish solar market. Moving to 
the regulated markets will help to stimulate liquidity and diversify our 
investor base by providing the opportunity to invest in our shares to 
institutional investors. We will also be more likely to gain the notice of 
retail investors. Active and regular communication with the capital market 
remains a priority for us, while our recent corporate governance changes are 
intended to provide additional confidence to our minority shareholders,' 
comments*Georg Hotar, CEO Photon Energy*. 
 
On 4 December, Photon Energy appointed an independent supervisory board and 
audit committee for a four-year term in line with best practices of 
companies listed on regulated markets. 
 
'Poland is a strategic market for us due to its above-average growth 
prospects, one of the largest in Europe. Photovoltaics are gaining 
increasingimportance while the share of renewable energy sources in the 
entire energy mix is still relatively low. Moving to the main market is an 
essential link in improving our access to capital and providing a platform 
for investors to participate in the transition to renewable energy. With a 
track record of 12 years' experience in the sector, we are excited to 
continue on the trajectory of dynamic growth both within the renewables 
industry and as a company,'added*Georg* *Hotar*. 
 
The Prospectus is available on the Company's website [1]. 
 
*ABOUT PHOTON ENERGY* 
 
Photon Energy N.V. is a global solar energy solutions and services company 
covering the entire lifecycle of solar energy systems. Since its foundation 
in 2008, Photon Energy has built and commissioned over 100 MWp of solar 
power plants across two continents and 74.7 MWp as part of our own 
portfolio. It is currently developing projects with 594.6 MWp in Australia 
(580 MWp in partnership with Canadian Solar), 96.6 MWp in Hungary, 4.6 MWp 
in Poland and 97.4 MWp in Romania, and provides operations and maintenance 
services for over 300 MWp worldwide. In addition to that, the company is at 
an advanced stage of building two utility-scale PV power plants with a 
combined capacity of 14 MWp in Australia. Photon Water focuses on developing 
and providing clean water and remediation solutions and servicesaround the 
world. Photon Energy is headquartered in Amsterdam and listed at the Warsaw, 
Prague and Munich Stock Exchanges. The company has offices in Europe, 
Australia, and South America. For more information visit our website 
www.photonenergy.com [2]. 
 
*DISCLAIMER* 
 
This announcement does not constitute the Prospectus or prospectus 
equivalent document. Nothing in this announcement constitutes or form part 
of and should not be construed as an offer to sell, or the solicitation or 
invitation of any offer to buy or subscribe for or underwrite or otherwise 
acquire, any securities of the Company or any member of its group ("Group"), 
nor should it or any part of it form the basis of, or be relied on in 
connection with, any contract to purchase or subscribe for any securities of 
the Company or any member of its Group, nor shall it or any part of it form 
the basis of or be relied on in connection with any contract or commitment 
whatsoever, in any jurisdiction, including the United States, in which such 
offer, solicitation or sale is not permitted. The Company's shares have not 
been registered under the U.S. Securities Act of 1933, as amended ("U.S. 
Securities Act"), and may not be offered or sold in the United States absent 
registration under the U.S. Securities Act or an applicable exemption from 
the registration requirements of the U.S. Securities Act. 
 
*MEDIA CONTACT* 
 
Martin Kysly 
Photon Energy Group 
Tel. [phone] 
E-mail: [e-mail] 
 
2020-12-15 Dissemination of a Corporate News, transmitted by DGAP - a 
service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
The DGAP Distribution Services include Regulatory Announcements, 
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Archive at www.dgap.de 
1155142 2020-12-15 
 
 
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December 15, 2020 02:02 ET (07:02 GMT)