DGAP-News: SolarWorld AG passes the 95 percent threshold of shares in Solarparc AG
(firmenpresse) - DGAP-News: SolarWorld AG / Key word(s): Miscellaneous
SolarWorld AG passes the 95 percent threshold of shares in Solarparc
AG
06.02.2012 / 13:23
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February 6, 2012
Corporate News SolarWorld AG
(Securities Code No.: WKN 510 840)
(International Securities Identification Number: ISIN DE0005108401)
SolarWorld AG passes the 95 percent threshold of shares in Solarparc AG
SolarWorld AG has exceed a 95 percent threshold of shares in Solarparc AG
and will now realize the full integration of Solarparc AG into the
SolarWorld Group. Pursuant to Section 327a et seg. of the German Stock
Corporation Act, the Management Board of SolarWorld AG will propose the
acquisition of all remaining minority shares at the next Annual General
Meeting. The goal is to delist Solarparc AG from the stock exchange and
convert it into a limited company (GmbH) as a 100 percent subsidiary of
SolarWorld AG.
December 31, 2010, SolarWorld AG had offered a voluntary public take-over
of all shares of Solarparc AG. The average stock price for the take-over
offer was EUR 7.36.
The full acquisition of Solarparc AG gives SolarWorld AG the opportunity to
expand its project business on an international scale. 'Our objective is to
build more turnkey solar parks outside of Germany in lucrative markets such
as India and South Africa,' says Dr.-Ing. E. h. Frank Asbeck, CEO of
SolarWorld AG.
About SolarWorld AG: The SolarWorld AG Group (ISIN: DE0005108401) is a
worldwide leader in offering brand-name, high quality, crystalline
solar-power technology. Its strength is its fully integrated solar
production. From silicon as the raw material through wafers, cells and
modules all the way to turn-key solar systems of all sizes, the group
combines all stages of the solar value chain. The central business activity
is selling quality modules into the installation and distribution trades
and crystalline wafers to the international solar cell industry. Group
headquarters are located in Bonn, Germany, sales sites in Singapore, South
Africa, Spain, France as well as in the U.S. state California. The group's
largest production facilities operate in Freiberg, Germany and Hillsboro in
the U.S. State of Oregon. Sustainability is the basis of the group
strategy. Under the name Solar2World, the group supports care projects
using off-grid solar-power solutions in developing countries, exemplifying
sustainable economic development. Worldwide, SolarWorld employs about 3,300
people. SolarWorld AG has been quoted on the stock exchange since 1999 and
today is listed on, among others, the TecDAX andÖkoDAX as well as in the
sustainability index NAI.
Contact: SolarWorld AG Investor Relations,
Tel.-Nr.: +49 (0) 228 559 20 470; Fax-Nr.: +49 (0) 228 559 20 9470,
E-Mail: placement(at)solarworld.de
Internet: www.solarworld.de
End of Corporate News
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06.02.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: EnglishCompany: SolarWorld AG
Martin-Luther-King-Straße 24
53175 Bonn
Germany
Phone: +49 (0)228 - 559 20 470
Fax: +49 (0)228 - 559 20 9470
E-mail: placement(at)solarworld.de
Internet: www.solarworld.de
ISIN: DE0005108401
WKN: 510840
Listed: Regulierter Markt in Düsseldorf, Frankfurt (Prime
Standard); Freiverkehr in Berlin, Hamburg, München,
Stuttgart; Terminbörse EUREX
End of News DGAP News-Service
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155524 06.02.2012
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Datum: 06.02.2012 - 13:23 Uhr
Sprache: Deutsch
News-ID 111179
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