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Solarvalue AG: Financial Measures
Ensure Further Growth
As decided at the annual general meeting on 27th April 2007,
Solarvalue AG will undertake an ordinary increase of share
capital by issuing 210,000 new shares by the end of August
2007 at the latest, whereby the shareholders will receive a
subscription right on the new shares in a ratio of 4:1.
In addition, the Board has the opportunity to use newly
created capital for financing purposes until 2012, and to
issue another 365,700 shares, as well as convertible and/or
warrant-linked bonds up to a total nominal value of ¤15
million.
Claudia Boehringer, CEO of Solarvalue AG said: "With these
newly available funds, Solarvalue AG has adequate room for
man oeuvre to continue developing its ambitious goals as
planned and the chance to avail itself of opportunities which
arise in the rapidly growing solar market."
Solarvalue AG was established in June 2005. The initial
purpose of the company is the manufacture of solar grade
silicon. The long-term goal is the development of the entire
value chain of an integrated PV enterprise.
Solarvalue AG will undertake an ordinary increase of share
capital by issuing 210,000 new shares by the end of August
2007 at the latest, whereby the shareholders will receive a
subscription right on the new shares in a ratio of 4:1.
In addition, the Board has the opportunity to use newly
created capital for financing purposes until 2012, and to
issue another 365,700 shares, as well as convertible and/or
warrant-linked bonds up to a total nominal value of ¤15
million.
Claudia Boehringer, CEO of Solarvalue AG said: "With these
newly available funds, Solarvalue AG has adequate room for
man oeuvre to continue developing its ambitious goals as
planned and the chance to avail itself of opportunities which
arise in the rapidly growing solar market."
Solarvalue AG was established in June 2005. The initial
purpose of the company is the manufacture of solar grade
silicon. The long-term goal is the development of the entire
value chain of an integrated PV enterprise.
Berlin, 26.06.2007
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Imprint | © 2009 Solarvalue AG
Imprint | © 2009 Solarvalue AG
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