(Alliance News) - Alerion Clean Power Spa on Thursday made it known that having exceeded the market capitalization threshold of EUR500 million for three consecutive years - 2021, 2022 and 2023 - it no longer qualifies as a small and medium-sized enterprise as of January 1, 2024.

As a result of the loss of qualification, the first threshold for the purposes of material shareholding disclosure requirements is set at 3 percent of capital.

Alerion Clean Power on Thursday closed down 1.7 percent at EUR26.10 per share.

By Claudia Cavaliere, Alliance News reporter

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