Regulatory News
Announcement
REGULATED INFORMATION
INSIDE INFORMATION
Brussels, 12 November 2020
PRESS RELEASE OF CENERGY HOLDINGS SA
The enclosed information constitutes regulated information as defined in the Royal Decree of 14 November 2007 regarding the duties of issuers of financial instruments, which have been admitted for trading on a regulated market.
In response to the letter sent by the Hellenic Capital Market Commission following the publication of articles on electronic press, Cenergy Holding SA (the Company) announces the following: The Company in order to best serve the corporate interest regularly explores and assesses the possibility of co-operations in order to make the best use of its assets. In this context, the Company is currently in negotiations with Nexans group aiming to combine their cable making business. However, such negotiations are at an early stage. The Company, in accordance with the capital markets law, will inform the investors on any significant development of the above-mentioned process.
About Cenergy Holdings
Cenergy Holdings is a Belgian holding company listed on both Euronext Brussels and Athens Stock Exchange, investing in leading industrial companies, focusing on the growing global demand of energy transfer, renewables and data transmission. The Cenergy Holdings portfolio consists of Corinth Pipeworks and Hellenic Cables, companies positioned at the forefront of their respective high growth sectors. Corinth Pipeworks is a world leader in steel pipe manufacturing for the oil and gas sector and major producer of steel hollow sections for the construction sector. Hellenic Cables is one of the largest cable producers in Europe, manufacturing power and telecom cables as well as submarine cables for the aforementioned sectors. For more information about our company, please visit our website at www.cenergyholdings.com.