Cenergy Holdings: Viohalco Divests 3% of Capital to Expand Free Float
Viohalco, the main shareholder of Cenergy Holdings with a 69.7% stake, launches an accelerated placement of 6 million shares to institutional investors, representing 3% of the existing capital.
A Secondary Offering to Improve Liquidity
Viohalco is conducting an accelerated equity placement (accelerated bookbuild) involving approximately 6 million existing ordinary shares of Cenergy Holdings. This transaction is entirely secondary: Cenergy will not receive any proceeds from the sale. The stated goal is to expand the free float and enhance the liquidity of its shares on the stock exchange. The placement begins immediately through a bookbuilding process, with the book possibly closing at any time. The share price will be determined during the acceleration process. Goldman Sachs International acts as the sole global coordinator and joint lead manager of the placement (Joint Bookrunner), with BofA Securities Europe SA also serving as a joint lead manager (Joint Bookrunner). Piraeus Securities S.A. is acting as the lead co-manager.
180-Day Lock-Up Commitment on Remaining Stake
As part of this transaction, Viohalco has committed to Goldman Sachs to maintain a 180-day lock-up period from the date of the transaction on its remaining stake in Cenergy. This commitment is subject to certain waivers, exceptions, and possibilities of lifting the lock-up at the request of the sole global coordinator. After the transaction, Viohalco's remaining stake in Cenergy will be subject to a 180-day lock-up commitment, subject to the provided exceptions.
