Arverne increases its stake in its subsidiary Lithium de France, Hydro Energy Invest AS becomes a shareholder in Arverne
Arverne (FR001400JWR8 – ARVEN), the leading French supplier of geothermal solutions, announces the closing of the transaction contemplated by the contribution agreement signed with Hydro Energy Invest AS. This transaction increases Arverne Group’s stake in its subsidiary Lithium de France.
In this context, Hydro Energy Invest AS transfers its 474,753 Lithium de France shares to Arverne Group. In return, 2,232,288 new Arverne Group shares are issued to Hydro Energy Invest AS, with a value of €22,322,880, representing an Arverne Group share value of €10.00.
In accordance with the terms of the agreement, Hydro Energy Invest AS will have the right to request the appointment of an observer to the Arverne board of directors for as long as Hydro Energy Invest AS holds at least 5% of Arverne Group share capital. Hydro Energy Invest AS is committed to retain its Arverne Group shares until the earlier of the date of completion of a significant capital increase by Arverne Group and a period of 18 months from the date of completion of the contribution.
Pierre Brossollet, founder and CEO of Arverne, said:
By increasing its stake in Lithium de France, Arverne is strengthening its position as France’s leading supplier of geothermal solutions, including critical metals contained in brines.
“I am delighted to welcome our partner Hydro Energy Invest AS as a new Arverne’s shareholder, to combine our expertise to promote the development of sustainable energies.”
Settlement-Delivery
The admission of the New Shares to trading on the Euronext Paris market is completed on October 6, 2025 and the settlement and delivery on October 10, 2025.
The New Shares are immediately assimilated to the Company’s existing shares and are traded on the same listing line as the latter under the same ISIN code: FR001400JWR8 – Ticker symbol: ARVEN.
Upon settlement and delivery, the Company’s share capital will amount to four hundred and twenty thousand seven hundred and sixty euros and eighty-one cents (€420,760.81). It is divided into forty-two million seventy-six thousand eighty-one (42,076,081) shares with a par value of €0.01 each, fully paid up including thirty-seven million twenty-eight thousand three hundred and five (37,028,305) Common Shares.
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Arverne increases its stake in its subsidiary Lithium de France, Hydro Energy Invest AS becomes a shareholder in Arverne, source
