The Founder-CEO Strengthens His Equity Stake in Arverne
Regulatory News:
Arverne (FR001400JWR8 - ARVEN), France’s leading provider of geothermal solutions announces that Pierre Brossollet, the Group’s founder and CEO, is reaffirming his confidence in Arverne’s trajectory through the execution of off-market block trades representing 5.76% of the share capital1. These acquisitions will be carried out by Geogreen from long-standing minority shareholders, including Alhia Green and Langa International.
Alhia Green, an investment firm specializing in financing energy transition projects, and Langa International, a recognized player in the development and investment of renewable energy, are among Arverne’s historical investors. Having supported the Group’s development since its inception, they are now divesting their stake to the founder and CEO, marking the successful completion of an investment cycle. This transaction reflects the founder’s intention to further strengthen his position as a reference shareholder.
Pierre Brossollet, Arverne’s Founder and CEO:
