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Edisun Power Europe AG

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EQS-Ad-hoc News vom 12.11.2019

Edisun Power Europe AG: Shareholders approve ordinary capital increase

Edisun Power Europe AG / Key word(s): Capital Increase

12-Nov-2019 / 19:30 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.

Ad hoc press release
Zurich, November 12, 2019

Shareholders approve ordinary capital increase

At today's extraordinary general meeting the shareholders of Edisun Power approved the ordinary capital increase proposed by the Board of Directors with a 99.40% majority. The Board of Directors and management would like to thank the shareholders for their consent and for the expression of trust they have shown.

The period for exercising subscription rights will start on November 14, 2019 and end at noon CEWT on November 22, 2019. The bookbuilding period for the share placing will run from November 14 to noon CEWT on November 26, 2019. The subscription/placing price is between CHF 120 and CHF 130 and will be set by Edisun Power taking into account the exercise of subscription rights and the results of the share placing.

The issue and listing prospectus for the subscription offer is published on the Edisun Power website on November 13, 2019.

Indicative timetable

November 14, 2019 Shares go ex-subscription rights
Subscription period starts
Placing period starts
November 22, 2019 Subscription period ends (noon CEWT)
November 26, 2019 Placing period ends (noon CEWT)
November 27, 2019 Announcement of result and subscription/placing price
November 28, 2019 Listing and first day of trading of new registered shares on
SIX Swiss Exchange
November 29, 2019 Delivery of and payment for new registered shares

For further information
Rainer Isenrich, CEO, +41 44 266 61 21, [email protected]
Reto Simmen, CFO, +41 44 266 61 29, [email protected]

Edisun Power Group
A listed European solar energy producer, the Edisun Power Group finances and operates solar power installations in a number of European countries. Edisun Power began its involvement in this sector as far back as 1997. The company has been listed on the Swiss Stock Exchange since September 2008. Edisun Power has amassed extensive experience in the realization and acquisition of both national and international projects. Currently, the company owns a total of 37 solar energy installations in Switzerland, Germany, Spain, France and Italy.

This document is not an offer to sell or a solicitation of offers to purchase or subscribe for shares. This document is not a prospectus within the meaning of Article 652a of the Swiss Code of Obligations, nor is it a listing prospectus as defined in the listing rules of the SIX Swiss Exchange AG or a prospectus under any other applicable laws. Copies of this document may not be sent to jurisdictions, or distributed in or sent from jurisdictions, in which this is barred or prohibited by law. The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy, in any jurisdiction in which such offer or solicitation would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any jurisdiction. A decision to invest in securities of Edisun Power Europe AG (the "Company") should be based exclusively on the issue and listing prospectus to be published by the Company for such purpose.

This document and the information contained herein are for information purposes only and do not constitute a prospectus or an offer to sell, or a solicitation of an offer to buy, any securities in the United States. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or pursuant to an available exemption from registration under the Securities Act.

The information contained herein does not constitute an offer of securities to the public in the United Kingdom. No prospectus offering securities to the public will be published in the United Kingdom. This document is being communicated only to (i) persons who are outside the U.K.; (ii) persons who have professional experience in matters relating to investments falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (iii) high net worth companies, unincorporated associations and other bodies who fall within article 49(2)(a) to (d) of the Order (all such persons together being referred to as "Relevant Persons"). Any person who is not a Relevant Person must not act or rely on this communication or any of its contents. Any investment or investment activity to which this communication relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. This document should not be published, reproduced, distributed or otherwise made available, in whole or in part, to any other person without the prior consent of the Company.

Any offer of securities to the public that may be deemed to be made pursuant to this communication in any member state of the European Economic Area (each an "EEA Member State") that has implemented Directive 2003/71/EC (together with the 2010 PD Amending Directive 2010/73/EU, including any applicable implementing measures in any Member State, the "Prospectus Directive") is only addressed to qualified investors in that Member State within the meaning of the Prospectus Directive.

This document contains forward-looking statements. These statements are based on the current views, expectations, assumptions and information of the management of the Company. Forward-looking statements should not be construed as a promise of future results and developments and involve known and unknown risks and uncertainties. Actual results, performance or events may differ materially from those described in such statements due to a number of factors. The Company does not assume any obligations to update any forward-looking statements.

End of ad hoc announcement

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