Increased compensation in cash for the squeeze-out of minority shareholders at Tion Renewables AG

Tion Renewables AG has announced that Boè AcquiCo GmbH, an acquisition company indirectly owned by EQT Active Core Infrastructure SCSp, has decided to increase the buyout compensation for minority shareholders. Initially set at 29.19 EUR per share on January 11, 2024, this compensation has now been raised to 30.33 EUR per share.

The decision is part of a squeeze-out operation planned in accordance with Articles 327a and following of the German Stock Corporation Act (AktG). The board of directors of Tion Renewables AG will adjust its resolution proposal regarding the transfer of shares of minority shareholders to Boè AcquiCo GmbH at the extraordinary general meeting on February 22, 2024. This upward revision reflects the changing market conditions and the assessment of Tion Renewables AG's shares.