Gruenwald, September 16, 2020 – Today, the Düsseldorf Stock Exchange included the shares of Pacifico Renewables Yield AG (ISIN: DE000A2YN371) in the primary market (Primärmarkt) of the Düsseldorf Stock Exchange. At the same time, the Company’s shares have been included in the Open Market/Quotation Board of the Frankfurt Stock Exchange and starting tomorrow in XETRA’s continuous trading service.
Today, less than one year after the initial listing on the open market of the Düsseldorf Stock Exchange on November 19, 2019 and following two successful capital increases, the Company’s shares were included in the quality segment of the Düsseldorf Stock Exchange’s open market, the primary market (Primärmarkt), and started trading on the Quotation Board of the Frankfurt Stock Exchange as well as continuous trading starting tomorrow on XETRA. With the uplisting to the primary market and continuous XETRA trading, the Company aims at additional visibility to investors, improved tradability of the Pacifico share and easier access for additional institutional investors. Dr. Martin Siddiqui, Co-CEO, explains the Company’s further plans: “Our key priority is to continuously develop the Pacifico share in line with the growth of our company in order to facilitate the financing of future growth. In the longer term, we will strive for admission to the regulated market in parallel with the continuous expansion of our portfolio.”
“With the expansion of our operating portfolio by currently 35% compared to the initial listing on the open market and the inclusion of our share into continuous XETRA trading, we have already achieved two previously announced important milestones in 2020”, Christoph Strasser, Co-CEO, proudly states and adds: “We will now focus on implementing our second growth phase with a possible market entry in Poland, which we are currently examining intensively.”
With the admission to the primary market, the Company is now supported by MainFirst Bank AG not only as capital market partner but also as designated sponsor.
About Pacifico Renewables Yield AG
Pacifico Renewables Yield AG is an independent energy producer listed on the primary market (Primärmarkt) of the Düsseldorf stock exchange (ISIN: DE000A2YN371) with the aim of building up a gradually growing portfolio of plants for energy generation from renewable sources. With operational wind and photovoltaic power plants spread across Europe, the company offers a clear and diversified profile with stable and predictable earnings.
This press release may contain certain forward-looking statements, estimates, opinions, and forecasts concerning the future business situation, earnings situation, and results of Pacifico Renewables Yield AG (“forward-looking statements”). Forward-looking statements can be identified by words such as “believe”, “estimate”, “anticipate”, “expect”, “intend”, “will”, or “should” and their negation and similar variations or comparable terminology. Forward-looking statements include all matters that are not historical facts. Forward-looking statements are based on the current opinions, forecasts and assumptions of the Management Board of Pacifico Renewables Yield AG and involve significant known and unknown risks and uncertainties, therefore actual results, performance and events may differ materially from those expressed or implied by forward-looking statements. Forward-looking statements contained herein should not be construed as guarantees of future performance or results and are not necessarily reliable indicators of whether or not such results will be achieved. The forward-looking statements contained in this release are only valid on the date of this publication. We will not update the information, forward-looking statements or conclusions contained in this release in light of subsequent events or circumstances, nor will we reflect subsequent events or circumstances or correct inaccuracies that arise after the date of this release as a result of new information, future developments or otherwise, and we do not assume any obligation to do so. We do not assume any responsibility whatsoever that the forward-looking statements or assumptions contained herein will occur.