REC bondholders' meeting for convertible bonds - consent not obtained

REC bondholders' meeting for convertible bonds - consent not obtained

ID: 162158

(Thomson Reuters ONE) -


ISIN: NO 0010543457 - 6.50 per cent Renewable Energy Corporation ASA
Subordinated Unsecured Convertible Bond Issue 2009/2014 (the "Bond Loan")

Sandvika, July 4, 2012: The Bondholders' meeting in REC ASA's convertible bond
issue held today did not approve changes to the bond loan agreement for the Bond
Loan as requested by REC ASA in a summons to Bondholders' meeting dated 22 June,
2012.

About REC
REC is a leading vertically integrated solar energy company. REC produces
polysilicon, wafers, cells and modules for the solar industry, and silicon
materials for the electronics industry. REC also engages in project development
in selected PV segments. Founded in Norway in 1996, REC employs around 3,200
people globally with revenues of more than NOK 13 billion in 2011. Please visit
www.recgroup.com to learn more about REC.


This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)



This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Renewable Energy Corporation ASA via Thomson Reuters ONE
[HUG#1623808]






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Bereitgestellt von Benutzer: hugin
Datum: 03.07.2012 - 13:48 Uhr
Sprache: Deutsch
News-ID 162158
Anzahl Zeichen: 1630

contact information:
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HØVIK



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"REC bondholders' meeting for convertible bonds - consent not obtained"
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