La Francaise De L'energie : Fde Buys Back Some Of Its Share Issued Capital Via Its Buy Back Program

FDE buys back some of its share issued capital via its buy-back program

Pontpierre, France, June 3^rd, 2024 - FDE (Euronext: FDE - ISIN: FR0013030152), a carbon negative energy producer, announces that it has bought back as of May 24^th, 2024, 619 of its shares.

FDE continues the implementation of the share buyback program following the delegation of authority adopted by the Annual General Meeting of Shareholders of November 30^th, 2023.

Aggregated presentation:

Following these transactions, FDE holds 2.27% of its capital (excluding its own shares held under the liquidity contract).

This transaction is fully financed with available cash and will not affect the financial capacity of the group, still focused on the implementation of its various organic and external growth projects.

FDE ‘s new FY 2030 objectives comprise of a nnual revenues of more than €175 million, and an EBITDA of €85 million, combined with over 20 million tons of CO₂eq emissions avoided per annum

Next event:

 Annual Sales 2024, 23 July 2024

About La Française de l'Énergie

FDE is an independent multi-energy producer dedicated to making Net Zero happen.

As a specialist in local energy systems and the circular economy, FDE capitalizes on its industrial know-how ranging from engineering, energy production to CO₂ storage to provide energy solutions that combine carbon footprint reduction with better resilience of the associated eco-systems.

For more information, visit https://www.francaisedelenergie.fr/

Disclaimer

This press release contains certain forward - looking statements and estimates concerning LFDE's financial condition, operating results, strategy, projects and future performance and the markets in which it operates. Such forward-looking statements and estimates may be identified by words such as “anticipate,” “believe,” “can,” “could,” “estimate,” “expect,” “intend,” “is designed to,” “may,” “might,” “plan,” “potential,” “predict,” “objective,” “should,” or the negative of these and similar expressions. They incorporate all topics that are not historical facts. Forward looking statements, forecasts and estimates are based on management's current assumptions and assessment of risks, uncertainties and other factors, known and unknown, which were deemed to be reasonable at the time they were made but which may turn out to be incorrect. Events and outcomes are difficult to predict and depend on factors beyond the company's control. Consequently, the actual results, financial condition, performances and/or achievements of LFDE or of the industry may turn out to differ materially from the future results, performances or achievements expressed or implied by these statements, forecasts and estimates. Owing to these uncertainties, no representation is made as to the correctness or fairness of these forward-looking statements, forecasts and estimates. Furthermore, forward-looking statements, forecasts and estimates speak only as of the date on which they are made, and LFDE undertakes no obligation to update or revise any of them, whether as a result of new information, future events or otherwise, except as required by law.