Austria, Oed: ETV Montana Tech Holding has completed the placement of 500,000 shares in ASTA Energy Solutions AG, representing approximately 3.5 % of the company’s share capital.
The shares were placed with international institutional investors at $68 (€60) per share. Settlement is expected on 2 October 2026.
Following the transaction, ETV Montana Tech Holding and Makra GmbH will remain ASTA’s majority shareholders, together holding approximately 51.2 % of the company’s share capital. Makra did not sell any shares as part of the placement.
ASTA’s free float has increased to approximately 42.9 %. ETV Montana Tech Holding said it intends to use part of the proceeds to meet contractual earn-out obligations related to the acquisition of ASTA.
Both ETV Montana Tech Holding and Makra have agreed, subject to customary exceptions, not to sell additional ASTA shares for 180 days following settlement.
Source: ASTA
