Exploring funding options for future growth in India
July 09 2024 - 6:14AM
UK Regulatory
Exploring funding options for future growth in India
9 July 2024, Rotterdam, the Netherlands
Today, we announce that the joint venture Aegis Vopak Terminals
Ltd (AVTL) is exploring options to fund future growth for AVTL.
These options may include among others a potential fund raise by
way of public issue, preferential issue or combination thereof of
the equity shares and debt for the JV company and as may be decided
by the AVTL board in absolute discretion and permitted under
applicable laws and regulations.
Aegis Vopak Terminals Ltd is India’s largest independent tank
storage company for LPG and chemicals.
No final decisions have been made at this point in time and
there is no certainty on the outcome of this exploration of growth
funding options. Further announcements will be made as and when
required. No further details can be disclosed.
About Royal Vopak
Royal Vopak helps the world flow forward. At ports around the
world, we provide storage and infrastructure solutions for vital
products that enrich everyday life. These products include liquids
and gases that provide energy for homes and businesses, chemicals
for manufacturing products, and edible oils for cooking. For all of
these, our worldwide network of terminals supports the global flow
of supply and demand. For more than 400 years, Vopak has been at
the forefront of fundamental transformations. With a focus on
safety, reliability, and efficiency, we create new connections and
opportunities that drive progress. Now more than ever, our talented
people are applying this mindset to support the energy transition.
Together with our partners and customers, we are accelerating the
development of infrastructure solutions for hydrogen, ammonia, CO₂,
long-duration energy storage, and low-carbon fuels & feedstocks
– paving the way to a more sustainable future. Vopak is listed on
the Euronext Amsterdam and is headquartered in Rotterdam, the
Netherlands. For more information, please visit www.vopak.com
For more information please contact
Press Information
Vopak Press: Liesbeth Lans - Manager External Communication -
global.communication@vopak.com
Vopak Analysts and Investors: Fatjona Topciu - Head of Investor
Relations- investor.relations@vopak.com
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