Explore our collection of PDF documents and enrich your knowledge now!
back
August Debouzy Assists Arverne Group in Its Successful Move to Euronext Paris’ Main Market
Communiqué M&A Tax Law | 04/11/24 | 1 min. | Jean-Damien Boulanger Elie Bétard Théo Leclercq
Energy
August Debouzy has advised Arverne Group on its offer to the public of existing shares, enabling the transfer of listing of the company’s securities from the professional segment to the general segment of Euronext Paris.
Arverne Group specializes in harnessing underground resources to transform them into environmentally friendly, local and renewable energy, contributing to the prosperity of local communities. As an integrated industrial player, Arverne Group spans the entire underground value chain, from exploration to drilling and production to sales to end-users. Arverne Group aims to become the French leader in geothermal energy and its by-products, including low-carbon geothermal lithium.
The completion of the transfer, set to take effect on November 6, 2024, prior to market opening, represents a key milestone in boosting Arverne Group’s visibility and expanding its investor base. The transaction was structured as a fixed-price offer to the public in France of existing ordinary shares initially allocated under its liquidity agreement, supported by a prospectus approved by the French Financial Markets Authority (Autorité des Marchés Financiers).
August Debouzy advised Arverne Group on this transaction with a team led by Jean-Damien Boulanger, Counsel, on Corporate and Capital Markets matters, and supported by Elie Bétard, Counsel, and Théo Leclerq, Associate, on tax matters.