sunways AG

EANS-News: Capital increase at Sunways AG completed; LDK Solar Group has become new major shareholder


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Mergers - Acquisitions - Takeovers/Restructuring & Recapitalisations

Subtitle: - Capital increase at Sunways AG has been recorded in the commercial
register
- Increase in share capital to EUR 17,378,613 has been implemented
- All new shares subscribed by LDK Solar Germany Holding GmbH

Konstanz (euro adhoc) - 01 March 2012 - The increase in the share capital of
Sunways AG (SWW:GR, SWWG.DE, ISIN DE0007332207) to EUR 17,378,613 has been
validly completed. On 23 February 2012, the increase in the capital of Sunways
AG resolved on 31 December 2011 was recorded in the commercial register. The
capital increase was implemented from authorized capital through the issuance of
a total of 5.79 million shares against cash contribution and contributions in
kind, in both cases excluding the preemptive rights of existing shareholders.
All new shares have been subscribed by LDK Solar Germany Holding GmbH who, with
more than 30 percent of the voting rights, is now Sunways AG´s major
shareholder. 

LDK Solar Germany Holding GmbH is an indirect subsidiary of LDK Solar Co., Ltd.
(LDK:US, LDK.N, ISIN US50183L1070), one of the ten largest photovoltaics
companies in the world in terms of sales. As the world´s largest fully
integrated manufacturer of silicon, wafers, solar cells and solar modules, LDK
Solar has supplied raw materials to Sunways AG for many years and has been
cooperating with the company in the production of Sunways Solar Modules since
2010.


Further inquiry note:
Dr. Harald F. Schaefer
Head Corporate Communications and Investor Relations
Tel.: +49 (0)7531 996 77-415
E-Mail: communications@sunways.de

end of announcement                               euro adhoc 
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company:     Sunways AG
             Macairestr.  3 - 5
             D-78467 Konstanz
phone:       +49 (0)7531 99677 0
FAX:         +49 (0)7531 99677 10
mail:     info@sunways.de
WWW:      http://www.sunways.eu/de
sector:      Alternative energy
ISIN:        DE0007332207
indexes:     CDAX, Prime All Share, Technology All Share
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
             regulated dealing/prime standard: Frankfurt 
language:   English
 

 

 



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