20 October 2023

Elia Group SA/NV announces the exercise of its call option on the outstanding Fixed Rate Reset Undated Subordinated Securities issued in 2018 (ISIN: BE0002597756)

Elia Group SA/NV (the “Company”) announces today that it will redeem the outstanding Fixed Rate Reset Undated Subordinated Securities issued by the Company in 2018 (ISIN: BE0002597756) (the “2018 Hybrid Bonds”) in accordance with the terms and conditions of the 2018 Hybrid Bonds.

The exercise of the call option by the Company follows the closing of the cash tender offer made by the Company in relation to the 2018 Hybrid Bonds earlier this year, following which an aggregate nominal amount of €200,600,000 remained outstanding. The outstanding 2018 Hybrid Bonds will be redeemed by the Company on 15 November 2023.

The redemption notice is available here

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IMPORTANT LEGAL INFORMATION AND DISCLAIMERS

This announcement is released by the Company and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR), encompassing information relating to the Offer described above. For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Yannick Dekoninck.

Nothing in this announcement constitutes or contemplates an offer of, an offer to purchase or the solicitation of an offer to sell any security in any jurisdiction.

The distribution of this press release may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes, should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

Yannick Dekoninck
Head of Capital Markets
investor.relations@elia.be
mobile: +32 (0) 478 90 13 16
office: +32 2 546 70 76
Boulevard de l'Empereur 20 B-1000 Brussels                             
Stéphanie Luyten
Head of Investor Relations
investor.relations@elia.be
mobile: +32 (0) 467 05 44 95
office: +32 2 546 74 29
Boulevard de l'Empereur 20 B-1000 Brussels                         

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