LUXEMBOURG, July 10,
2024 /CNW/ – Marny Investissement SA
("Marny") reports that it has completed, through its wholly
owned subsidiary Marny Holdco Inc. ("Marny Holdco"), the
third and final tranche of its previously announced arm's-length
non-brokered private placement of 102,000,000 units (each, a
"Unit") of Anaergia Inc. (TSX: ANRG) ("Anaergia") at
a price of C$0.40 per Unit for total
consideration of C$40,800,000.00 (the
"Strategic Investment"). Each Unit is comprised of one
subordinate voting share of Anaergia (each, a "Subordinate
Voting Share") and one-fifth of oneSubordinate Voting Share
purchase warrant of Anaergia (each, a "Warrant"). Each
Warrant entitles Marny Holdco to purchase one additional
Subordinate Voting Share at an exercise price of C$0.80 until February 2,
2027.
In connection with the Strategic Investment, Marny Holdco
exercised its allocation option whereby 10,200,000 of the
Subordinate Voting Shares for which it acquired were allocated to
Alon Liberman and Ronen Kantor (the "Marny Individual
Investors"). The Marny Individual Investors granted an
irrevocable proxy to Marny Holdco in respect of the voting rights
for such Subordinate Voting Shares.
As a result, after closing the third and final tranche of the
Strategic Investment, Marny (through Marny Holdco) owns or controls
102,000,000 Subordinate Voting Shares (which includes the
10,200,000 Subordinate Voting Shares held by the Marny Individual
Investors) and 20,400,000 Warrants. This represents approximately
60.9% of the issued and outstanding Subordinate Voting Shares on a
non-diluted basis and approximately 65.2% of the issued and
outstanding Subordinate Voting Shares on a partially-diluted basis,
assuming the exercise in full of the Warrants.
Marny Holdco acquired the Units for investment purposes. Marny
Holdco may, from time to time, acquire additional Subordinate
Voting Shares or other securities of Anaergia, or dispose of some
or all of the Subordinate Voting Shares or other securities of
Anaergia that it owns from time to time.
Marny Holdco currently has no plans or intentions that relate to
or would result in any of the actions listed in items (a) to (k) in
the early warning report filed with this press release (the
"Early Warning Report"). However, depending on market
conditions, general economic and industry conditions, trading
prices of Anaergia's securities, Anaergia's business,
financial condition and prospects, and/or other relevant factors,
Marny Holdco may develop such plans or intentions in the
future.
Marny Holdco was incorporated under the laws of Delaware and is a wholly owned subsidiary of
Marny, which is a Luxembourg-based
holding company that focuses on investment properties in central
and eastern Europe. The head
office of Marny Holdco is located at 108 W. 13th Street, Suite 100,
Wilmington, DE, USA 19801.
Anaergia is a global renewable fuels leader that was created to
eliminate greenhouse gases by cost effectively turning organic
waste into renewable natural gas, fertilizer and water through the
use of proprietary technologies. The head office of Anaergia is
located at 4210 South Service Road, Burlington, Ontario L7L 4X5.
For further information, please refer to the Early Warning
Report that is to be posted on the SEDAR+ profile of Anaergia at
www.sedarplus.ca, or that may be obtained by contacting Joram
Moyal, Director of Marny, at +352-282-64896.
SOURCE Marny Investissement SA