Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. Rubis
  6. News
  7. Summary
    RUI   FR0013269123


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

RUBIS: Rubis becomes HDF Energy's second largest shareholder with 18.5% of the capital

06/24/2021 | 03:02pm EDT
RUBIS: Rubis becomes HDF Energy's second largest shareholder with 18.5% of the capital 
24-Jun-2021 / 21:00 CET/CEST 
Dissemination of a French Regulatory News, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
Paris, June 24, 2021, 9:00 pm 
RUBIS becomes HDF ENERGY's second largest shareholder 
with 18.5% of the capital 
As announced in the press release of June 10, 2021, Rubis is investing in renewable energies participating in the IPO 
of the HDF Energy, a world pioneer in hydrogen-electricity. 
Rubis obtained 2.5 million of shares at a subscription price of EUR31.05 (i.e., a total investment of EUR78.6 million). 
Rubis now holds 18.5% of the share capital and voting rights of HDF Energy, on a non-diluted basis (17% on a fully 
diluted basis), thus becoming the second largest shareholder. 
As a reminder, this investment is part of a strategic partnership which includes the following elements: 
  ? Rubis will benefit, for a period of five years, from a priority to invest in projects that HDF Energy plans to 
    develop in Africa/Indian Ocean, in the Caribbean and in Europe, allowing Rubis to position itself as a majority 
    direct investor in renewable electricity production projects targeting double-digit Internal Rate of Return (IRR) 
    on the invested. In addition to this, outside of these areas, Rubis will have the option to invest in such a 
    project without requiring a majority stake; 
  ? Rubis will provide HDF Energy with local knowledge and technical, logistical, administrative, and legal support for 
    the projects developed in the countries where Rubis is present and in which it has invested. 
  ? Rubis SCA gets a seat at the Board of Directors of HDF Energy and with Rubis énergie a position of censor (censeur 
About HDF Energy 
HDF Energy, a world pioneer in hydrogen-electricity, develops high-capacity large scale Hydrogen-to-Power plants and 
participates, through dedicated project companies, in their operations. These power stations will provide firm or 
on-demand electricity from renewable energy sources (wind or solar), combined with high power multi-megawatt fuel cells 
supplied by HDF Energy. HDF Energy has developed two types of turnkey Hydrogen-to-Power plants: 
  ? Renewstable(R) (POWER-TO-POWER) multi-megawatt turnkey power plants producing firm renewable electricity. These 
    power plants are composed of an intermittent renewable source and a long-term on-site hydrogen energy storage; 
  ? HyPower(R) (GAS-TO-POWER) plants that produce "on demand" electricity using green hydrogen or decarbonized hydrogen 
    harnessed from transport networks. 
HDF Energy integrates key fuel cell know-how, under a memorandum of understanding with Ballard (seven-year exclusive 
license agreement) and develops in France (Bordeaux area) the world's first mass production facility for high-power 
fuel cells to produce energy, which will be brought into service in 2023. Through this activity HDF Energy will also 
address the maritime and data center markets. 
HDF Energy is an accelerator of the energy transition. By offering grid-friendly and stable decarbonized electricity 
solutions. 100% renewable energy grids are now possible. 
Find out more at: www.hdf-energy.com 
About Rubis 
Rubis, a company listed on Euronext Paris with market capitalization of nearly EUR4 billion at the end of 2020 (SBF 120), 
specializes in the distribution of energy and bitumen, from supply to the end customer, and, through its Rubis Terminal 
JV, in bulk liquid storage. 
Rubis has a strong position in the distribution of LPG, considered in emerging markets as a transitional energy, and 
bitumen, focusing on infrastructure projects in West Africa. 
With revenue of EUR3.9 billion and distributed volumes of 5 million m3, the Group is recognized in the market for its 
expertise and the quality of its services. Thanks to its international development strategy, Rubis now occupies strong 
market positions in diversified products and segments in 41 countries in three regions: Africa/Indian Ocean, the 
Caribbean and Europe. 
Over the past 10 years, Rubis has achieved 9% compound annual growth in earnings per share and dividend per share. 
Find out more at: www.rubis.fr/en 
Press Contact                            Investor Relations 
PUBLICIS CONSULTANTS - Aurélie Gabrieli  RUBIS - Anna Patrice, Head of IR 
Tel: +(33) 1 44 82 48 33 
                                         Tel: +(33) 1 45 01 72 32 
 ----------------------------------------------------------------------------------------------------------------------- Regulatory filing PDF file File: Rubis becomes HDF Energy's second largest shareholder with 18.5% of the capital 
Language:        English 
Company:         RUBIS 
                 46, rue Boissière 
                 75116 Paris 
Phone:           +33 144 17 95 95 
Fax:             +33 145 01 72 49 
E-mail:          communication@rubis.fr 
Internet:        www.rubis.fr 
ISIN:            FR0013269123 
Euronext Ticker: RUI 
AMF Category:    Inside information / Other releases 
EQS News ID:     1211881 
End of Announcement  EQS News Service 

1211881 24-Jun-2021 CET/CEST

Image link: 

(END) Dow Jones Newswires

June 24, 2021 15:01 ET (19:01 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL 0.10% 34798 Delayed Quote.13.59%
DOW JONES AFRICA TITANS 50 INDEX -0.12% 511.21 Delayed Quote.-3.27%
PUBLICIS GROUPE SA -0.90% 57.24 Real-time Quote.40.43%
RUBIS 0.27% 29.94 Real-time Quote.-21.17%
S&P AFRICA 40 INDEX -0.44% 165.74 Delayed Quote.-4.06%
S&P GSCI ALL CRUDE INDEX 0.67% 420.9531 Delayed Quote.50.06%
All news about RUBIS
09/20RUBIS : Opérations effectuées dans le cadre du programme de rachat d'actions (hors contrat..
09/20RUBIS : Transactions carried out within the framework of share buyback program (excluding ..
09/13RUBIS : Opérations effectuées dans le cadre du programme de rachat d'actions (hors contrat..
09/13RUBIS : Transactions carried out within the framework of share buyback program (excluding ..
09/10European stocks end ECB week lower after stimulus slows as expected
09/09RUBIS : Poursuite de la normalisation des -2-
09/09RUBIS : Poursuite de la normalisation des résultats - Moteurs de croissance intacts
09/09RUBIS : Ongoing normalisation of the results - -2-
09/09RUBIS : Ongoing normalisation of the results - Growth drivers intact
09/09RUBIS : Mise à disposition du Rapport Financier Semestriel 2021
More news
Analyst Recommendations on RUBIS
More recommendations
Sales 2021 4 334 M 5 079 M 5 079 M
Net income 2021 286 M 335 M 335 M
Net Debt 2021 379 M 444 M 444 M
P/E ratio 2021 10,9x
Yield 2021 6,29%
Capitalization 3 111 M 3 643 M 3 646 M
EV / Sales 2021 0,81x
EV / Sales 2022 0,76x
Nbr of Employees 4 123
Free-Float 90,8%
Duration : Period :
Rubis Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends RUBIS
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 7
Last Close Price 29,94 €
Average target price 48,70 €
Spread / Average Target 62,7%
EPS Revisions
Managers and Directors
Bruno Krief Chief Financial Officer
Olivier Heckenroth Chairman-Supervisory Board
Chantal Mazzacurati Member-Supervisory Board
Laure Grimonpret-Tahon Member-Supervisory Board
Marie-HÚlŔne Dessailly Member-Supervisory Board
Sector and Competitors