Vergnet postpones its share consolidation operation

Groupe Vergnet, a specialist in renewable energy solutions, has announced the postponement of its proposed reverse stock split. Initially scheduled to begin on October 2, 2025, the reverse stock split was intended to reduce the number of shares outstanding to limit volatility and improve management. However, administrative hurdles have led to the temporary cancellation of this transaction.

This initiative was intended to improve Vergnet's financial structure. However, the company did not specify a new date for the transaction. Vergnet, listed on Euronext Growth, remains committed to renewable energy production and continues its activities in more than 50 countries.