Corre Energy BV - Groningen, Netherlands-based renewable energy storage and green hydrogen company - Announced on Thursday the resignation of Non-Executive Director & Interim Chair Rune Eng, effective immediately. Says Eng is leaving the company ‘to pursue other personal and professional interests’. Eng stepped up to the interim chair role on June 26, and has served as a non-executive since Corre’s initial public offering in 2021. Corre says it will propose a new interim chair to shareholders as soon as possible.

Company also reports that its strategic investment process announced this year is progressing; it expects to provide a further update in September. Also says it is engaging with significant shareholders regarding potential funding for its short-term working capital requirements, to see it through to the conclusion of the investment process and long-term fundraising efforts. Acknowledges there is ‘no certainty’, but notes that shareholders have ‘consistently supported’ its working capital needs.

Current stock price: 11.1 euro cents, up 1.8% in Dublin on Friday

12-month change: down 97%

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