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Solarvalue AG places new shares to the
value of EUR 13 million
As previously announced, Solarvalue AG successfully carried
out the resolution adopted at the General Meeting on 27th
April 2007 to increase the share capital against cash
contributions and to increase share capital from currently
EUR 840,000 to EUR 1,050,000.
The shares not taken up by existing shareholders during the
subscription period were placed with international
institutional investors until the end of August at the fixed
price of EUR 64 per share. The issue of a total of 210,000
new shares from this increase in share capital resulted in a
total accrual to the company of liquid funds totalling EUR
13.44 million.
Speaking on the subject, Claudia Boehringer, CEO of
Solarvalue AG said: “The intensive discussions held at
several road shows at the most important stock exchange
centres in and outside Europe have certainly paid off. In spite
of the turbulences in international stock markets and the
extremely high share price volatility during the placement
phase, we have succeeded in attracting prestigious
investment funds to invest in our company. The demand
from institutional investors was so high that we were unable
to fully satisfy all subscribers.”
The new assets have provided the company with a solid
capital base, strengthening its resolve to continue pursuing
the path it has chosen of creating an integrated solar group.
out the resolution adopted at the General Meeting on 27th
April 2007 to increase the share capital against cash
contributions and to increase share capital from currently
EUR 840,000 to EUR 1,050,000.
The shares not taken up by existing shareholders during the
subscription period were placed with international
institutional investors until the end of August at the fixed
price of EUR 64 per share. The issue of a total of 210,000
new shares from this increase in share capital resulted in a
total accrual to the company of liquid funds totalling EUR
13.44 million.
Speaking on the subject, Claudia Boehringer, CEO of
Solarvalue AG said: “The intensive discussions held at
several road shows at the most important stock exchange
centres in and outside Europe have certainly paid off. In spite
of the turbulences in international stock markets and the
extremely high share price volatility during the placement
phase, we have succeeded in attracting prestigious
investment funds to invest in our company. The demand
from institutional investors was so high that we were unable
to fully satisfy all subscribers.”
The new assets have provided the company with a solid
capital base, strengthening its resolve to continue pursuing
the path it has chosen of creating an integrated solar group.
Berlin, 11.09.2007
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Imprint | © 2009 Solarvalue AG
Imprint | © 2009 Solarvalue AG
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