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FDE holds 2.26% of its own shares through its share buyback program

17 April 2024

Pontpierre, France, April 17th 2024 – FDE (Euronext: FDE – ISIN: FR0013030152), a carbon-negative energy producer, announces that it has bought back as April 17th 2024 an additional 22,894 shares.

Currently in a negative period, FDE will resume implementation of the share buyback program from April 25th, 2024 in accordance with the delegation of authority adopted by the General Meeting of Shareholders on November 30th 2023.

Aggregate presentation :

Name of issuer Code Issuer identifier Day of transaction Financial instrument identifier code Total daily volume (number of shares) Weighted average daily share acquisition price Market
LA FRANCAISE

ENERGY

 96950085A13FFW45G765 08-04-24 FR0013030152 1 500 34.20 SGMU
LA FRANCAISE

ENERGY

 96950085A13FFW45G765 08-04-24 FR0013030152 2 500 34.23 SGMV
LA FRANCAISE

ENERGY

 96950085A13FFW45G765 08-04-24 FR0013030152 94 34.25 XPAR
LA FRANCAISE

ENERGY

 96950085A13FFW45G765 09-04-24 FR0013030152 7 33.90 GSEI
LA FRANCAISE

ENERGY

 96950085A13FFW45G765 09-04-24 FR0013030152 4 793 33.90 LISZ
LA FRANCAISE

ENERGY

 96950085A13FFW45G765 09-04-24 FR0013030152 2 276 33.90 TQEM
LA FRANCAISE

ENERGY

 96950085A13FFW45G765 09-04-24 FR0013030152 11 724 33.83 XPOS

Following these transactions, FDE now holds 2.26% of its capital (excluding its own shares held under its liquidity contract).

These transactions were financed entirely from available cash, without affecting the Group’s financial capacity, which remains focused on implementing its various organic and external growth projects.

FDE reiterates its FYE 2026 objectives of annualized revenues exceeding EUR 100 million with an EBITDA reaching over EUR 50 million, combined with 10 million tons of CO2eq emissions avoided per annum.

 Next announcement:

April 24th, 2024 – Q3 2024 sales

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Promises won't impact
climate change.
Your local resources, will.

Climate change is an undeniable reality. We can already see its serious consequences for our planet. It is now urgent to act.

At FDE, we refuse to participate in initiatives that generate pollution beyond our borders, even if they reduce the carbon footprint of our local territories. Whether it is a question of carbon footprint or pollution, there are no limits.

It is our duty to build sustainable energy solutions that move towards global carbon neutrality. Today, the most resilient and sustainable energy solution is even more self-evident: it is imperative that energy remains local, within short supply chains, as close as possible to the needs of local communities and consumers.

Considering these, at FDE, we are taking actions and offering tailor-made, local multi-energy solutions.

By making the most of local resources, our offer enables us to provide territories with energies with a triple benefit: reduced carbon footprint, economically competitive and contributing to the socio-economic development of the area. We choose abandoned sites, make the most of the potential of local suppliers and service providers, and participate in a local center of expertise that involves universities, local authorities and associations in the local energy project.

FDE lacks neither the resources nor the know-how to deploy tailor-made energy solutions for everyone and for the planet.

Our engineers embrace the energy transition with a pragmatic view.

Recovering abandoned mine gas avoids fatal gas emissions into the atmosphere, while local coal gas reduces the need to import much more carbon-intensive gases. Abundant solar energy is both local and renewable.

To support the energy transition, at FDE, we are constantly innovating, looking for new solutions for the future, such as hydrogen, a decarbonized energy, or CO2 sequestration in coal.

In addition, all energy produced by our Group is designed to be more virtuous. All these processes therefore make FDE the only French energy producer with a negative carbon footprint.

HSE POLICY

In accordance with its values and code of ethics, and with the aim of pursuing the objective of:

  • Guarantee the integrity of our assets,
  • Ensure a safe and healthy working environment for its employees and subcontractors,
  • Guarantee the health and safety of all personnel working on and off-site,
  • Limit environmental impact.

 

FDE wishes to promote the following HSE principles:

Identify, prevent and control impacts and risks to health, safety, security and the environment,

Develop the company's activities in a sustainable and eco-responsible manner,

Improve the working environment for its employees and subcontractors.

Consequently, FDE undertakes to:

Ensure the rigorous application of regulatory procedures in force with respect to safety, health, environment and the preservation of public security,

Impose operational management with advanced criteria for environmental protection, pollution prevention and energy optimization, as part of the ecological transition,

Systematically verify compliance with HSE principles through audits and practical exercises, with the aim of continuously improving the system and its performance,

Define indices and performance indicators for monitoring HSE activities and promote benchmarking to identify areas for improvement,

Encourage employee participation and involvement in health, safety and environmental protection processes through training and creation of tools for sharing experience and knowledge.

This culture of risk prevention and control applies to all employees, partners and suppliers. It involves setting concrete objectives and deploying action plans as part of a continuous improvement process to better anticipate tomorrow's challenges. This policy is reviewed annually, as are the associated indicators and targets.

Antoine FORCINAL
Directeur Général,