• The offering was well received by a broad range of French and international investors and was amply subscribed despite highly volatile market conditions, resulting in a highquality shareholder base.
• The offering price was set at €16.50 per share. As a result, the offering currently amounts to approximately €628 million, making it the largest capital raise on Euronext Paris in the last 16 months. The offering may ultimately amount to as much as approximately €697 million in the event that the over-allotment option is fully exercised.
• Impala, Neoen’s majority shareholder, has subscribed for approximately €169 million of shares in the offering (pursuant to its previously announced commitment) and remains the company’s controlling shareholder. FPCI Capenergie 3, managed by Omnes Capital, Fonds Stratégique de Participations and Celeste Management SA have also subscribed in the offering.
• Trading on Euronext Paris is expected to start on October 17, 2018 on a when-issued basis in the form of “promesses d’actions”. Settlement and delivery for the shares is expected to occur on October 18, 2018.
• The over-allotment option for the offering may be exercised from October 16, 2018 to (and including) November 15, 2018.

October 3, 2018 to the French prospectus for Neoen’s IPO, which consists of a registration document (document de base) filed on September 18, 2018 under the number I.18-065, a securities note (note d’opération) and a summary of the prospectus (included in the securities note).

The indicative price range for the IPO has been set at between €16 and €19 per share. Trading of Neoen’s shares (in the form of promesses d’actions) on Euronext Paris is expected to start on October 17, 2018.

In connection with the IPO’s launch, Xavier Barbaro, Chief Executive Officer of Neoen, stated: “We are very happy to announce today the launch of our initial public offering on Euronext Paris. Neoen is a fast-growing company, with capacity in operation and under construction of 2 GW1 and additional secured capacity of more than 1 GW2, as well as a robust portfolio of 7.4 GW3 of projects in development. Our initial public offering enables us to raise funds to finance the construction of these new projects and to pursue the rapid growth of our business: we are targeting total capacity in operation and under construction of at least 5 GW by the end of 2021. Impala, our majority shareholder, has through its Chairman Jacques Veyrat already committed to subscribing in the offering with a view to retaining its majority stake in the Company. FPCI Capenergie 3, Fonds Stratégique de Participations and Celeste Management SA have also committed to subscribing in the offering. These are powerful votes of confidence, from well-reputed players, that will contribute to the success of the offering.”