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Cenergy Holdings Finalizes Sale of Fractional Shares from Merger

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Cenergy Holdings Finalizes Sale of Fractional Shares from Merger

An update from Cenergy Holdings SA ( (DE:9CN) ) is now available.

Cenergy Holdings has completed the forced sale of 1,161 shares resulting from fractional balances following its merger with Corinth Pipeworks and Hellenic Cables. The net proceeds of 10,902.88 euros will be distributed among the shareholders registered on December 14, 2016, through the National Bank of Greece, with specific processes in place for heirs and those with holdings in firms under liquidation.

More about Cenergy Holdings SA

Cenergy Holdings is a Belgian holding company listed on Euronext Brussels and the Athens Stock Exchange, focusing on investing in industrial companies related to energy transfer, renewable energies, and data transmission. Its portfolio includes Corinth Pipeworks and Hellenic Cables, which are leaders in the production of steel pipes and cables, respectively.

YTD Price Performance: -2.02%

Average Trading Volume: 175

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €2.02B

For detailed information about 9CN stock, go to TipRanks’ Stock Analysis page.

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