Tecnoglass Announces Proposed Secondary Offering of Ordinary Shares by Energy Holding Corporation

May 16, 2023

BARRANQUILLA, Colombia, May 16, 2023 (GLOBE NEWSWIRE) -- Tecnoglass Inc. (NYSE: TGLS) (“Tecnoglass” or the “Company”),today announced the commencement of an underwritten public offering of an aggregate of 2,000,000 ordinary shares to be sold by Energy Holding Corporation (“Selling Stockholder”). In addition, the Selling Stockholder expects to grant the underwriters a 30-day option to purchase up to an additional 300,000 ordinary shares. All of the ordinary shares to be sold in the proposed offering are being offered by the Selling Stockholder. The Company will not receive any proceeds from the sale of the ordinary shares being offered by the Selling Stockholder.

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