Premier Energy Group Announces Admission to Trading and First Day of Dealings

Premier Energy PLC, an integrated energy infrastructure company and one of the renewable energy players in Romania and the Republic of Moldova, announces the admission to trading of its shares on the Bucharest Stock Exchange. Trading commenced today at 10.00 AM EEST under the symbol “PE”.
As announced on 16 May 2024, the Company’s initial public offering of 35,937,859 new and existing shares was priced at RON 19.50 per Share, implying a market capitalisation of RON 2.4 billion (EUR 489.8 million) at Admission.

Jose Garza, Chief Executive Officer of Premier Energy, commented: “Today’s listing and trading of Premier Energy’s shares on the Bucharest Stock Exchange is a hugely significant milestone in the Company’s ongoing growth and development. It marks the successful completion of our IPO, an achievement of which all our stakeholders should be very proud and I would like to thank everyone who has worked so hard to make this process a success.
“The Premier Energy investment story has been well-received and we are delighted to welcome all our new shareholders. Importantly, they not only recognised the Company’s strong track record to date, but also the exciting, energy-transition growth opportunities across the region which we are so well- placed to leverage and benefit from. We look forward to the continued success of Premier Energy and to delivering value for all our shareholders and wider stakeholders.”