ALBIOMA Reduction in the funds allocated to the contract
Albioma announces the signature of an amendment to the liquidity contract signed on 24 June 2015 and implemented by Rothschild Martin Maurel, following its decision to resize the funds initially allocated to the contract from €5 million to €3 million.
This modification will come into effect as from 1 February 2018.
Next on the agenda : annual results for the 2017 financial year, on 7 March 2018 (before trading).
About Albioma
Albioma is an independent energy producer and world leader in the conversion of biomass into a highly-effective source of energy, in collaboration with its agri-business partners. For more than 20 years, Albioma has operated power plants recovering bagasse, a fibrous by-product of sugar cane, replaced by coal outside the sugar cane harvest. Its unique expertise has enabled Albioma to establish itself as an indispensable partner in the sugar and ethanol industry in the French overseas territories and Mauritius. Albioma is now developing power plants using only biomass, which recover, in addition to bagasse, green waste and wood industry residue. The Group also operates a highly-efficient photovoltaic installation. In 2014, the Group, which already had a presence in mainland France, the French overseas territories and Mauritius, began operating in Brazil, the world's leading sugar cane producer.
For further information, please visit www.albioma.com
Investor contacts
Julien Gauthier : +33 (0)1 47 76 67 00Media contacts
Charlotte Neuvy : +33 (0)1 47 76 67 24
Albioma shares are listed on Euronext Paris (sub B) and eligible for the deferred settlement service (SRD) and PEA-PME plans.
ISIN FR0000060402 - Ticker: ABIO
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ALBIOMA via Globenewswire
