REC ASA - Share capital increase registered

REC ASA - Share capital increase registered

ID: 3860

(Thomson Reuters ONE) - Sandvika, July 23, 2009. The share capital increase in connectionwith REC's rights issue has now been registered, and the new shareswill be tradable on Oslo Børs from today.Reference is made to the notice published by REC on July 17, 2009.The share capital increase in connection with REC's rights issue hasnow been registered with the Norwegian Register of BusinessEnterprises. Following the registration of the share capitalincrease, the Company's share capital is NOK 664,768,079 divided into664,768,079 shares, each with a nominal value of NOK 1.The new shares will from and including today, July 23, 2009, betradable on Oslo Børs. It is expected that the new shares will bedelivered to the subscribers' VPS accounts, subject to full paymentof the new shares by the subscriber, on or about July 24, 2009.This information is subject of the disclosure requirements acc. toSection 5-12 of the Norwegian Securities Trading Act (vphl.).About RECREC is the leading vertically integrated player in the solar energyindustry. REC Silicon and REC Wafer are among the world's largestproducers of polysilicon and wafers for solar applications, and RECSolar is a rapidly growing manufacturer of solar cells and modules.REC Group had revenues of NOK 8,191 million and an operating profitof NOK 2,529 million in 2008. About 2,500 employees work in REC'sworldwide organization. Please also see www.recgroup.com. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PARTDIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, HONG KONG, JAPAN OR THE UNITED STATES:This press release does not constitute or form part of an offer orsolicitation to purchase or subscribe for securities in the UnitedStates. The securities referred to herein may not be offered or soldin the United States absent registration or an exemption fromregistration as provided in the U.S. Securities Act of 1933, asamended. The Company does not intend to register any portion of theoffering of the securities in the United States or to conduct apublic offering of the securities in the United States. Copies ofthis announcement are not being made and may not be distributed orsent into the United States, Australia, Canada, Hong Kong or Japan.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 23.07.2009 - 07:01 Uhr
Sprache: Deutsch
News-ID 3860
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