SolarWorld AG reaches 93.71 percent of voting rights in take-over offer to Solarparc AG shareholders22-02-11
The take-over offer of SolarWorld AG to the shareholders of Solarparc AG was accepted for and on behalf of 3,914,116 shares by the end of the final acceptance period on February 17, 2011 at 24:00 hrs. As a result, the share of voting rights held by SolarWorld AG in Solarparc AG amounts to a total of some 93.71 percent after completion of the share swap.
Because of the gratifying and unexpectedly great response to the take-over offer, SolarWorld AG will now implement the planned integration of Solarparc AG into the SolarWorld Group. To this end, SolarWorld AG will execute the complete withdrawal of Solarparc AG from the stock exchange and conversion into a GmbH (Limited Liability Company).
About SolarWorld AG: The SolarWorld AG Group (ISIN: DE0005108401) is a worldwide leader in offering brand-name, high quality, crystalline solar-power technology. Its strength is its fully integrated solar production. From silicon as the raw material through wafers, cells and modules all the way to turn-key solar systems of all sizes, the group combines all stages of the solar value chain. The central business activity is selling quality modules into the installation and distribution trades and crystalline wafers to the international solar cell industry. Group headquarters are located in Bonn, Germany. The group´s largest production facilities operate in Freiberg, Germany and Hillsboro in the U.S. State of Oregon. Sustainability is the basis of the group strategy. Under the name Solar2World, the group supports care projects using off-grid solar-power solutions in developing countries, exemplifying sustainable economic development. Worldwide, SolarWorld employs about 3,300 people. SolarWorld AG has been quoted on the stock exchange since 1999 and today is listed on, among others, the TecDAX, ÖkoDAX, Dow Jones STOXX 600 as well as in the sustainability index NAI.
Contact: SolarWorld AG Investor Relations / Corporate Communication,
phone: +49 (0) 228 559 20 470; fax: +49 (0) 228 559 20 9470,