Home Member State
Amsterdam, 15 April 2016. The Fastned Foundation (FAST) - holder of all shares of Fastned B.V. - confirms that the Netherlands is its Home Member State. This is a mandatory announcement to comply with the changes made to the Dutch Financial Supervision Act, section 5:25a(2), as a result of the amended EU Transparency Directive (Directive 2004/109/EC, as amended). Following the implementation of the amended EU Transparency Directive, all issuers of securities admitted to trading on a regulated market within the European Union are required to publicly announce their Home Member State for purposes of their disclosure obligations under the EU Transparency Directive.
Note for the editor (not for publication):
The Fastned Foundation is holder of all shares of Fastned B.V. For each share of Fastned, FAST issues one certificate (depository receipt). The certificates are listed on the Nxchange stock exchange.
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Fastned is building a European network of fast-charging stations where all electric cars can charge. The stations are located at high traffic locations along the highway and in cities, where electric cars can charge in 20 minutes. This will provide freedom for electric cars to drive across Europe. As of today, Fastned has 63 stations operational in The Netherlands and is working on expanding its fast charging network to the rest of Europe. Fastned is preparing the construction of fast charging stations in Germany, The United Kingdom and Belgium. Fastned is listed on the Nxchange stock exchange.
Fastned is rolling out it’s network of fast charging stations in response to the rapidly increasing numbers of EV’s in Europe. Car manufacturers such as Tesla, Audi, Volvo, Aston Martin, BMW, Nissan, Mitsubishi, Porsche, Volkswagen, Mercedes, Ford, General Motors en Renault and other car manufacturers are investing billions of Euro’s in the development of, and production capacity for EV’s. More and more EV’s are hitting our roads which drives the need for charging infrastructure. Fastned is responding to this development by building the service stations of the future. Co-founder and CEO Michiel Langezaal: “We are the Shell of the future, only our energy comes from the sun and the wind."