PEN Change in substantial blocks of shares

The Management Board of Photon Energy N.V. informs that with respect to the transfer of 38,983 shares of Photon Energy N.V. to its employee shares programme, Photon Energy NV decreased its direct share in the capital of Photon Energy N.V. from 14.84% to 14.78%.
Prior to the conclusion of the above transaction, Photon Energy NV held 8,905,225 shares in the Company, accounting for 14.84% of the Company’s share capital and for 0% of the total voting rights. As of 20 August 2019, Photon Energy NV holds 8,866,242 shares, which account for 14.78% of the Company’s share capital and for 0% of the total voting rights.