SolarWorld AG: The noteholders’ meeting for the 2011/2016 notes appoints Mr. Alexander Elsmann, attorney, as representative of all noteholders08-07-13
At their noteholders’ meeting today in Bonn, the noteholders of note ISIN: XS0641270045 // WKN: A1H3W6 (2011/2016) of SolarWorld AG adopted the resolution proposed under agenda item 2 regarding the appointment of Mr. Alexander Elsmann, attorney, Düsseldorf, as the representative of all noteholders. The holders’ representative shall pool and represent the interests of the noteholders in the current restructuring process.
The resolution was adopted with a majority of about 99.51 percent, with 19.95 percent of outstanding notes represented at the meeting. At today’s second noteholders’ meeting, a quorum was no longer required in order to appoint the holders’ representative. The proposed resolution required a simple majority.
Dr.-Ing. E. h. Frank Asbeck, Chief Executive Officer of SolarWorld AG: “We welcome the appointment of the holders’ representative and look forward to a constructive working relationship with Mr. Elsmann.”
About SolarWorld AG: SolarWorld AG manufactures solar power systems and in doing so contributes to a cleaner energy supply worldwide. The company, located in Bonn, employs approximately 2,600 people and carries out production in Freiberg, Germany, and Hillsboro, USA. From raw material silicon to the solar module, SolarWorld manages all stages of production ‒ including its own research and development. Through an international distribution network, SolarWorld supplies customers all over the world with solar modules and complete systems. The company maintains high social standards at all locations across the globe, and has committed itself to resource- and energy-efficient production. SolarWorld has been publically traded on the stock market since 1999. More information at www.solarworld.de/en
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