7C Solarparken AG: prolongs the share buyback program

Bayreuth (pta006/28.02.2024/08:35 UTC+1)

Today, the management board of 7C Solarparken AG (the "Company") has resolved with the approval of the supervisory board to prolong the current share buyback program, which was originally scheduled to expire by the end of today, through 29 March 2024. The share buyback program has been initiated on basis of a utilization of the authorization granted by the general meeting of the Company on 17 July 2020 in order to repurchase up to 1,666,666 shares of the Company on the stock exchange at a total purchase price (without transaction costs) of up to EUR 6.0m.

As of yesterday, the Company had repurchased 1,251,869 shares of the company (ca. 1.5% of the nominal capital) in execution of the share buyback program at a total purchase price of ca. EUR 4.3 Mio.

All repurchases will be executed by a Bank. The share buyback program will be executed from now on at a share price of no more than EUR 3.30 per share. The Company continues to reserve the right to change the modalities of the repurchase program or end it altogether.

Further details on the share buyback program will be published on the Company's website under https://www.solarparken.com/en/aktie.php.

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Emitter:	7C Solarparken AG An der Feuerwache 15 95445 Bayreuth Germany
Contact Person:	Koen Boriau
Phone:	+49 921 230557-77
E-Mail:	info@solarparken.com
Website:	www.solarparken.com
ISIN(s):	DE000A11QW68 (Share)
Stock Exchange(s):	Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate
Other Stock Exchanges:	London