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Publication of Circular and Notice of General Meeting

21 March 2018 | London | Author: ContourGlobal plc

Proposed acquisition of Acciona Termosolar, S.L.U.

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.

 

 

Publication of Circular and Notice of General Meeting

 

Further to the announcement on 27 February 2018, in which ContourGlobal plc (the “Company” and, together with its subsidiaries, “ContourGlobal”) announced that it had reached agreement with Acciona Energía, S.A.U. (“Acciona Energía”) regarding the acquisition of Acciona Energía’s 250 MW portfolio of five 50 MW Concentrated Solar Power plants in South-West Spain (the “Acciona Termosolar Group”) (the “Proposed Acquisition”), ContourGlobal announces that the circular relating to the Proposed Acquisition (the “Circular”) has been approved by the UK Listing Authority and will be sent to shareholders shortly.

The Circular contains a notice of a general meeting (the “General Meeting”) to approve the Proposed Acquisition. The General Meeting will be held at the offices of Davis Polk & Wardwell London LLP on Tuesday, 10 April 2018 at 11.00 a.m. (London).

The Circular is available for inspection on the investor relations section of the Company’s website: http://www.contourglobal.com/reports.

A copy of the Circular has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.

 

ENQUIRIES

 

Investor Relations - ContourGlobal

Alice Heathcote

Tel: +1 646 386 9901

investor.relations@contourglobal.com

 

Media - Brunswick

Charles Pretzlik/Simon Maine

Tel:  +44 (0) 207 404 5959

Contourglobal@brunswickgroup.com

 

Important Notice

 

Goldman Sachs, which is authorised by the Prudential Regulation Authority and regulated in the United Kingdom by the Financial Conduct Authority and the Prudential Regulation Authority, is acting exclusively for ContourGlobal as sponsor and for no one else in relation to the Proposed Acquisition and will not be responsible to anyone other than ContourGlobal for providing the protections afforded to its clients or for providing advice in relation to the Proposed Acquisition or any other matters referred to or described in this announcement.

 

This announcement has been issued by and is the sole responsibility of the Company. The information contained in this announcement is for background purposes only and does not purport to be full or complete. The information in this announcement is subject to change without notice. Subject to the UK Listing Rules, the UK Disclosure Guidance and Transparency Rules and the Market Abuse Regulation (EU) No. 596/2014, the issue of this announcement shall not, under any circumstances, create any implication that there has been no change in the affairs of ContourGlobal or the Acciona Termosolar Group since the date of this announcement or that the information in this announcement is correct as at any time subsequent to the date of this announcement.

 

Certain information contained in this announcement, including any information as to ContourGlobal’s or the Acciona Termosolar Group’s strategy, plans or future financial or operating performance constitutes “forward-looking statements”. These forward-looking statements can be identified by the use of terminology such as, “aims”, “anticipates”, “assumes”, “believes”, “budgets”, “could”, “contemplates”, “continues”, “estimates”, “expects”, “intends”, “may”, “plans”, “predicts”, “projects”, “schedules”, “seeks”, “shall”, “should”, “targets”, “would”, “will” or, in each case, their negative or other variations or comparable terminology. Forward-looking statements appear in a number of places throughout this announcement and include, but are not limited to, express or implied statements relating to ContourGlobal’s business strategy and outlook; ContourGlobal’s and the Acciona Termosolar Group’s future results of operations; ContourGlobal’s and the Acciona Termosolar Group’s future financial and market positions; expectations as to future growth; general economic trends and other trends in the industry in which ContourGlobal and the Acciona Termosolar Group operates; the impact of regulations on ContourGlobal and its operations; and the competitive environment in which ContourGlobal and the Acciona Termosolar Group operates.

 

By their nature, forward-looking statements are based upon a number of estimates and assumptions that, whilst considered reasonable by the Directors and the Company, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those indicated, expressed or implied in such forward-looking statements. Forward-looking statements are not guarantees of future performance. Any forward-looking statements in this announcement reflect the Directors’ and the Company’s current view with respect to future events and are subject to certain risks relating to future events and other risks, uncertainties and assumptions. The forward-looking statements contained in this announcement speak only as at the date of this announcement. The Directors and the Company disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained in this announcement to reflect any change in their expectations or any change in events, conditions or circumstances on which such statements are based unless required to do so by applicable law, the UK Prospectus Rules, the UK Listing Rules, the UK Disclosure Guidance and Transparency Rules of the Financial Conduct Authority and the Market Abuse Regulation (EU) No. 596/2014 . You are cautioned against placing undue reliance on any forward-looking statement in this announcement.

 

Neither the content of the Company's website nor any website accessible by hyperlinks on the Company's website is incorporated in, or forms part of, this announcement.