Conergy AG

euro adhoc: Conergy AG
Restructuring & Recapitalisations
Placing of Conergy AGÂ’s new shares successfully completed

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Placing of Conergy AGÂ’s new shares successfully completed

Hamburg, March 8th, 2007: Following today´s Ad-hoc release concerning the proposed capital increase and placing, Conergy reports the successful completion of the accelerated bookbuilding. A total of 2,999,999 shares, equivalent to 10% of the share capital before the issue, were placed successfully to German an international institutional investors. The placing price was 50 Euro per share. The proceeds for the transaction amounted to approximately Euro 150 million. The total number of shares outstanding of Conergy AG will increase to 32,999,999. Commerzbank Corporate & Markets and J.P. Morgan Securities Ltd. acted as Joined Lead Managers and Joined Bookrunners for the transaction.

This capital increase against cash representing an increase of approximately 10 % of the share capital was resolved by the Management Board and approved by the Supervisory Board and is based on an authorization granted by the general meeting on May 29th, 2006. The new shares will be issued excluding the pre-emptive rights of existing shareholders.

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ots Originaltext: Conergy AG
Im Internet recherchierbar:

Further inquiry note:
Thorsten Vespermann
Tel.: +49 (0)40 237 102 171

Branche: Energy
ISIN:      DE0006040025
WKN:        604002
Index:    TecDAX, Technologie All Share, CDAX, HDAX, Prime All Share,
              Midcap Market Index
Börsen:  Frankfurter Wertpapierbörse / official dealing/prime standard
              Börse Berlin-Bremen / free trade
              Hamburger Wertpapierbörse / free trade
              Börse DĂĽsseldorf / free trade
              Niedersächsische Börse zu Hannover / free trade

Weitere Meldungen: Conergy AG

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