DGAP-News: BR-Energy PLC: BR-Energy PLC executes capital increase and achieves tradability
(firmenpresse) - DGAP-News: BR-Energy PLC / Key word(s): Capital
Reorganisation/Temporary Suspension
BR-Energy PLC: BR-Energy PLC executes capital increase and achieves
tradability
01.11.2012 / 16:09
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BR-Energy PLC executes capital increase and resumes tradability
London/Frankfurt/Istanbul, November 01,2012: BR-Energy PLC has now executed
the capital increase from EUR 500,000 up to EUR 5,000,000 with an increase
of the nominal value per share from EUR 0.10 to EUR 1.00 and could thus
effect the delivery of these new shares to it's shareholders. Consequently,
the trading of the shares was resumed today.
'The tradability of the shares is of importance to our Turkish partners as
it enables them to act with a reference value for the subsidiary of
BR-Energy PLC, Hayat Enerji AS, Istanbul,' explains Konstantin v.
Reden-Lütcken, Director BR-Energy PLC, 'but also for ORIENT Strategies AG
the tradability has a value as it can not assess the value of it's
shareholding in BR-Energy PLC at market value. ORIENT Strategies AG has
nevertheless committed itself not to sell it's shares in BR-Energy PLC over
the stock market.'
In the meantime, Hayat Enerji AS has already overtaken it's original
planning. By agreeing to acquire 50% in Clean World Anerji AS, Antalya,
Hayat Enerji AS has taken over a substantial shareholding in an active
producer of solar modules. This saves Hayat Enerji AS at least one year of
building such a production facility. BR-Energy PLC, Hayat Enerji AS and
Clean World Enerji AS intend to jointly expand the business of Clean World
Enerji AS and to take advantage of synergies offered by the companies.
About BR-Energy PLC
BR-Energy PLC is a holding focussing on companies in the field of renewable
energy and environmental technology. It is the aim of BR-Energy PLC to act
as a financing tool for it's partners and subsidiaries to generate capital
for their projects and strategic expansion. One of the major shareholders
of BR-Energy PLC is ORIENT Strategies AG, Switzerland, holding 49%.
Contact Company:
BR-Energy PLC
1St. Floor Office, Whateleys Drive
Kenilworth CV82GY, England
Phone: +44 20 358 22 446
Fax: +44 20 313 75 287
mail: info(at)br-energy.com
web: www.br-energy.com
Contact Press:
ORIENT Strategies AG
Spisergasse 26
CH-9004 St. Gallen
phone: +41 43 508 22 15
mail: info(at)orient.ag
internet: www.orient.ag
End of Corporate News
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Datum: 01.11.2012 - 16:09 Uhr
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