McPhy Energy:


Foussemagne (France), June 6, 2025 – 6 p.m. CEST

McPhy Energy (“McPhy”) announces the opening of a judicial reorganization (redressement judiciaire) as of 4 June, 2025 by the Belfort Commercial Court (the “Court”)1.

In this context, the Court has appointed:

  • SCP Abitbol & Rousselet, represented by Maître Joanna Rousselet (formerly the Court-appointed conciliator (concliateur) for the Company2), as judicial administrator (administrateur judiciaire) with an assistance mission; and
  • Maître Flavien Marchal, as creditors’ representative (mandataire judiciaire).

The opening of this judicial reorganization follows the conciliation proceedings opened on April 10, 2025, and the call for tenders under a takeover plan launched during that process3, as a result of which McPhy received notably an offer for certain assets and activities from a European industrial player.

In this context, a new deadline for the submission of offers has been set for June 13, 2025 (noon) to allow any interested party to submit an offer for whole or part of the assets and activities of McPhy. The Court has set the hearing to review the offers received before the expiry of that deadline (including the above-mentioned offer) for June 24, 2025 (3 p.m.).

In absence of an offer or in the event of a disposal plan for the assets and activities of McPhy by one or more acquirers is implemented, liquidation proceedings will be opened against McPhy (and any assets or activities not transferred) at the end of the judicial reorganization. This liquidation will ultimately result in the delisting of McPhy’s shares, it being understood that their residual value is likely to be nil, given the anticipated level of asset realization compared to the Company's liabilities4.

Concurrently, proceedings to prevent or resolve difficulties concerning McPhy’s subsidiaries have been initiated in Germany5 and Italy6. Expressions of interest have already been received for some of the assets of these two entities.

McPhy will keep the market informed of developments related to the judicial reorganization proceedings.

Postponement of McPhy Shareholders' Meeting

Given the current circumstances and the ongoing proceedings involving McPhy, it has been decided to postpone the Annual Shareholders General Meeting, initially scheduled for June 17, 2025, to a later date7. The new date of such Meeting will be announced as soon as it is determined.

ABOUT MCPHY

Specialized in hydrogen production equipment, McPhy is contributing to the global deployment of low-carbon hydrogen as a solution for energy transition. With its complete range of products dedicated to the industrial, mobility and energy sectors, McPhy offers its customers turnkey solutions adapted to their applications in industrial raw material supply, recharging of fuel cell electric vehicles or storage and recovery of electricity surplus based on renewable sources. As designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production centers in Europe (France, Italy, Germany). Its international subsidiaries provide broad commercial coverage for its innovative hydrogen solutions. McPhy Energy is listed on Euronext Growth Paris (ISIN code: FR0011742329, ticker: ALMCP).

CONTACTS

 



Investor Relations

NewCap

Théo Martin / Aurélie Manavarere

T. +33 (0)1 44 71 94 94

 



Press Relations

McPhy

Maïté de Laboulaye



T. +33 (0) 6 98 85 86 57

Follow us on 

   @McPhyEnergy           







1 As per judgment dated June, 4, 2025.





2 See the press release dated April 14, 2025 “Opening of conciliation proceedings”.





3 See the press release dated May 14, 2025 “Search for a buyer - Update on the situation”.





4 This would result in the closure of the judicial liquidation proceedings due to insufficient assets, with no liquidation surplus.





5 Proceedings so-called “eigenverwaltungsverfahren gern. §§ 270 ff lnsO “.





6 Proceedings so-called “composizione negoziata”.





7 In this regard, it is specified that by decision of the President of the Commercial Court of Belfort, dated May 13, 2025, the deadline for the holding of the shareholders’ general meeting approving the annual accounts was extended until September 30, 2025.





Attachment



EN
06/06/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on McPhy Energy SA

 PRESS RELEASE

McPhy Energy : Ouverture d’une procédure de redressement judiciaire

McPhy Energy : Ouverture d’une procédure de redressement judiciaire Foussemagne (France), le 6 juin 2025 – 18h00 CEST McPhy Energy (« McPhy ») annonce l’ouverture en date du 4 juin 2025 d’une procédure de redressement judiciaire par le Tribunal de commerce de Belfort (le « Tribunal ») 1. Dans ce cadre, le Tribunal a désigné : la SCP Abitbol & Rousselet, prise en la personne de Maître Joanna Rousselet (précédemment conciliatrice de la Société2) en qualité d’administrateur judiciaire avec une mission d’assistance ; etMaître Flavien Marchal en qualité de mandataire judiciaire. L’ouvertu...

 PRESS RELEASE

McPhy Energy:

McPhy Energy: Foussemagne (France), June 6, 2025 – 6 p.m. CEST McPhy Energy (“McPhy”) announces the opening of a judicial reorganization (redressement judiciaire) as of 4 June, 2025 by the Belfort Commercial Court (the “Court”)1. In this context, the Court has appointed: SCP Abitbol & Rousselet, represented by Maître Joanna Rousselet (formerly the Court-appointed conciliator (concliateur) for the Company2), as judicial administrator (administrateur judiciaire) with an assistance mission; andMaître Flavien Marchal, as creditors’ representative (mandataire judiciaire). The opening of t...

 PRESS RELEASE

McPhy Energy: Search for a buyer - Update on the situation

McPhy Energy: Search for a buyer - Update on the situation Foussemagne (France), May 14, 2025 – 6.45 pm CEST, McPhy Energy ("McPhy") recalls that a conciliation procedure was opened last April1, and that in this context, McPhy, together with the conciliator thus appointed2, has initiated, in parallel with the search for in bonis3 offers, a call for tenders for takeover as a sale plan with a view to finding a buyer for (all or part) of McPhy's assets and activities. The deadline for the receipt of tenders has now expired4. In view of the elements received in the context of the above-mentio...

 PRESS RELEASE

McPhy Energy : Recherche de repreneur - Point de situation

McPhy Energy : Recherche de repreneur - Point de situation Foussemagne (France), le 14 mai 2025 – 18h45 CEST, McPhy Energy (« McPhy ») rappelle qu’une procédure de conciliation a été ouverte en avril dernier1, et que dans ce cadre, McPhy, conjointement avec la conciliatrice ainsi désignée2, a initié en parallèle de la recherche d'offres in bonis3, une procédure d'appel d'offres de reprise en plan de cession en vue de trouver un repreneur pour (tout ou partie) des actifs et des activités de McPhy. La date limite pour la réception des offres est désormais expirée4. Au vu des éléments reç...

 PRESS RELEASE

McPhy Energy: Monthly information relating to the total number of voti...

McPhy Energy: Monthly information relating to the total number of voting rights and outstanding shares (April 30, 2025) Translation for information purposes only In accordance with articles L. 233-8-II of the French Commercial Code and223-16 of the Autorité des Marchés Financiers General Regulation Reporting company: Corporate name: McPhy EnergyPublic Limited company (société anonyme) with Board of DirectorsRegistered office: Aéroparc – 1615 Avenue de la Grande Piste, 90150 FoussemagneRegistered under number 502 205 917 R.C.S. BelfortEuronext Growth Paris (ISIN code: FR0011742329 - AL...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch