Le Lézard
Classified in: Environment
Subject: Delisting

Brenmiller Energy Ltd. Announces Voluntary Delisting from the Tel Aviv Stock Exchange


Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy") (Nasdaq: BNRG; TASE: BNRG), a global leader in thermal energy storage ("TES"), today announced that it has initiated a process to voluntarily delist its ordinary shares, par value NIS 0.02 per share (the "Ordinary Shares"), from the Tel Aviv Stock Exchange Ltd. (the "TASE"). In accordance with applicable Israeli law and the rules of the TASE, the last day the Ordinary Shares will trade on the TASE will be June 22, 2023 and the Ordinary Shares will be delisted from the TASE on June 26, 2023. Until the last day of trading on the TASE, shareholders will be able to continue to buy and sell Ordinary Shares in the same manner as has been the case to date. The Company's Ordinary Shares will continue to be traded on Nasdaq under the symbol "BNRG" and the Company will continue to file public reports and make public disclosures in accordance with the rules of the U.S. Securities and Exchange Commission (the "SEC") and Nasdaq. The delisting in Israel will not affect the Company's continued listing on Nasdaq in the United States and all Ordinary Shares now traded on the TASE may be transferred to Nasdaq.

About Brenmiller Energy Ltd.
Brenmiller Energy delivers scalable thermal energy storage solutions and services that allow customers to cost-effectively decarbonize their operations. Its patented bGen thermal storage technology enables the use of renewable energy resources, as well as waste heat, to heat crushed rocks to very high temperatures. They can then store this heat for minutes, hours, or even days before using it for industrial and power generation processes. With bGen, organizations have a way to use electricity, biomass and waste heat to generate the clean steam, hot water and hot air they need to mold plastic, process food and beverages, produce paper, manufacture chemicals and pharmaceuticals or drive steam turbines without burning fossil fuels. For more information visit the company's website at https://bren-energy.com/ and follow the company on Twitter and LinkedIn.

Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities and Israeli securities laws. Statements that are not statements of historical fact may be deemed to be forward-looking statements. For example, the Company is using forward-looking statements in this press release when it discusses its voluntary delisting from the TASE, including last date the Company's Ordinary Shares will trade on the TASE and date the Ordinary Shares will be delisted from the TASE. Without limiting the generality of the foregoing, words such as "plan," "project," "potential," "seek," "may," "will," "expect," "believe," "anticipate," "intend," "could," "estimate" or "continue" are intended to identify forward-looking statements. Readers are cautioned that certain important factors may affect the Company's actual results and could cause such results to differ materially from any forward-looking statements that may be made in this press release. Factors that may affect the Company's results include, but are not limited to, the Company's planned level of revenues and capital expenditures, the demand for and market acceptance of our products, impact of competitive products and prices, product development, commercialization or technological difficulties, the success or failure of negotiations and trade, legal, social and economic risks and the risks associated with the adequacy of existing cash resources. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's Annual Report on Form 20-F for the year ended December 31, 2022 filed with the SEC on March 21, 2023, which is available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.


These press releases may also interest you

at 00:00
Rising to a lofty 4,784 feet above sea level, Brasstown Bald is Georgia's highest point and offers not just a refreshing retreat from the heat but an opportunity to explore an alpine environment that seems altogether exotic in the Peach State....

2 jui 2024
Frost & Sullivan recently analyzed the data center services industry and, based on its findings, recognized DCI Indonesia with the 2024 Company of the Year Award for a fifth consecutive time. The company is the leading data center services provider...

2 jui 2024
JA Solar has been awarded the EcoVadis Silver Medal for its exceptional sustainability performance, according to the recently released EcoVadis evaluation outcome. JA Solar achieved its highest historical score of 62 points in the assessment. This...

2 jui 2024
Two new 5.25MW solar farms will be built on Gumatj and Rirratjingu country on the Gove Peninsula in the Northern Territory, as Rio Tinto works to secure a more sustainable power supply for the region beyond mining. The solar farms will be built on...

2 jui 2024
First Solar, Inc. (the "Company") will report financial results for the second quarter ended June 30, 2024, after the market closes on Tuesday, July 30, 2024. Conference Call Details are as follows: Date: Tuesday, July 30, 2024 Time: 4:30 PM...

2 jui 2024
The Wings Club Foundation, Inc. is pleased to announce that Carsten Spohr, Chief Executive Officer, Deutsche Lufthansa AG will be the recipient of this year's Distinguished Achievement Award. Acknowledging Mr. Spohr's outstanding accomplishments in...



News published on and distributed by: