Haffner Energy Proceeds with the Issue of a Fourth Tranche of Convertible Bonds
Haffner Energy announces the issue of a fourth tranche of convertible bonds into shares (OCEANE) amounting to 450,000 euros. This operation is part of a bond financing program established in November 2025.
Details of the Fourth Tranche
The issue consists of 90 convertible bonds into new and/or existing shares without attached share subscription warrants. This fourth tranche is part of a bond loan with a maximum nominal amount of 4.8 million euros over 60 months for the benefit of HSI 1, a company of the Alpha Blue Ocean group, established in November 2025. The number of potentially created shares following this issue would be 2,045,454, based on a theoretical conversion price equal to 95% of the lowest average daily volume-weighted price observed over the previous 15 trading days.
Regulatory Aspects and Risks
This issuance will not be subject to the approval of the Financial Markets Authority (AMF). It is based on the delegation of authority granted by the extraordinary general meeting on September 29, 2025. The statement highlights several risks: dilution of capital for existing shareholders, potential volatility of the stock price, no guarantee that all planned tranches can be issued, and application of penalty clauses in case of default (repayment at 130% of the nominal value and a lump sum indemnity of 15%). An updated emissions tracking table is published on the Company's website.
