DGAP-News: Alter Energy Group engages IR CONSULT for Frankfurt Stock Exchange up-listing
(firmenpresse) - DGAP-News: Alter Energy Group AG / Key word(s): Miscellaneous
Alter Energy Group engages IR CONSULT for Frankfurt Stock Exchange
up-listing
18.02.2011 / 11:50
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'Alter Energy Group engages IR CONSULT for Frankfurt Stock Exchange
up-listing'
Zurich Switzerland - February 18, 2011
ALTER ENERGY GROUP AG ('AEG')(the 'Company'), Frankfurt Stock Exchange
Ticker Symbol: 39f; WKN: A0MW07; ISIN: CH0032424969, announces that on
February 16th 2011 it formally engaged German based IR CONSULT (IRC) to
manage its up-listing from the Frankfurt Stock Exchange Open Market to
Entry Standard.
Under terms of the engagement IRC will assist AEG in preparing its
prospectus and filing with the FSA to enhance its market share through
increased transparency by up-listing to the Entry Standard. In addition IRC
will provide AEG with investor relations, German language services and
increased market awareness through road shows, media outlets and coverage
as well as possible sources of independent research and analyst coverage as
well as enrolling and preparing the Company to present at the Entry
Standard Conference in Frankfurt May 2nd-4th.
Edward J. Klaeger IV, CEO of AEG stated, 'Engaging IR Consult brings us one
step to closer to achieving our goal of up-listing from the Open Market. As
a fully reporting company the increased transparency will allow us to
access new sources of investment, increase our market share and liquidity
will creating a solid platform for future growth. We are in the early
stages of the up-listing process and plan to engage legal representation
necessary to prepare the prospectus to file for our up-listing in the
coming days. We also expect to move quickly to file in late March or early
April and possibly receive Entry Standard quotes sometime in May. In the
meantime we continue to focus on project development to create positive
cash flows and earnings to support our enhanced up-listing and expect to
issue more positive news regarding both in the near future'.
Alexander Vollet of IR CONSULT states, 'We are proud to help AEG to improve
its financial market presence and project financing. Especially its focus
on renewable energy projects is very promising. We will be the German
contact of AEG for financial press, analysts and investors and thus
build-up transparency and trust.'
About AEG: AEG is a Zurich-based publicly traded Swiss company with
emerging market operations in Ukraine. AEG develops, acquires, and invests
in alternative and renewable energy projects and companies. The current
target market is Ukraine with expansion into established markets such as
the U.S., Canada and Germany with penetration into other emerging markets
currently in development.
About the IR CONSULT: Since 1994 IR CONSULT is one of the leading IPO and
investor relations consultants in Germany. Thank to our very fundamental IR
approach (fact-book, equity story, presentation and road-shows) we have
co-operated with a high number of listed companies out of all stock market
segments and are proud of our excellent references. (www.ir-consult.com)
Contact
Investor Relations: info(at)alterenergygroup.com
Website: www.alterenergygroup.com
www.ir-consult.de
Forward-Looking Statements
Statements in this press release may constitute forward-looking statements
and are subject to numerous risks and uncertainties, including the
Company's current and future capital needs, any actions by the Company's
partners that may be adverse to the Company, the success of competitive
products, other economic factors affecting the Company and its markets, and
other risks. The actual results may differ materially from those contained
in this press release. The Company disclaims any obligation to update any
statements in this press release.
End of Corporate News
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18.02.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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112720 18.02.2011
Datum: 18.02.2011 - 11:50 Uhr
Sprache: Deutsch
News-ID 33243
Anzahl Zeichen: 0
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Kategorie:
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