Photon Energy Taps EY-P for Independent Business Review

• Photon Energy N.V. has appointed EY-Parthenon (EY-P) to conduct an Independent Business Review (IBR) of the Group.
• The IBR will assess the Group’s financial and operational position, liquidity, cash generation, outlook, business prospects and strategic alternatives.
• Photon Energy selected EY-P through a structured process that considered proposals from five advisory firms and assessed expertise, independence, scope, timing and cost.
• EY-P stated it has no conflict of interest and will independently test management assumptions and exercise its own professional judgement.
• The review is intended to inform potential restructuring options and support ongoing discussions with bondholders and other stakeholders.
• The IBR is expected to be completed by 30 November 2026; any changes to the EUR Green Bond 2021/2027 terms would require bondholder approval at a separate meeting.

The price of Photon Energy at the time of the news was 0,2765EUR and was down -0,18 % compared with the previous day.
56 minutes after the article was published, the price was 0,2730EUR this corresponds to a minus of -1,27 % since publication.

Photon Energy

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ISIN:NL0010391108WKN:A1T9KW

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