DGAP-Adhoc: SolarWorld AG closes financial restructuring: Implementation of swap capital increase against contributions in kind entered in Commercial Register - Reduction of financial liabilities by EUR 570 million

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| Source: EQS Group AG
SolarWorld AG  / Key word(s): Capital Reorganisation/Miscellaneous

24.02.2014 11:50

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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As part of financial restructuring, the implementation of the swap capital
increase against contributions in kind for SolarWorld was entered in the
Commercial Register today. Thereby, financial liabilities of SolarWorld
were reduced from about one billion EUR by EUR 570 million to EUR 427
million. SolarWorld's financial restructuring, started in January 2013, is
now closed.

Through the swap capital increase against contributions in kind, approved
in an extraordinary shareholders' meeting on Aug. 7, 2013, the capital
stock of EUR 744,800.00 was increased by EUR 14,151,200.00 to EUR
14,896,000.00.  Thus, 14,151,200 no-par value bearer shares with an imputed
nominal value of EUR 1.00 per share were issued.

The new no-par value bearer shares are entitled to profit participation as
of Jan. 1, 2014 and have the International Securities Identification Number
(ISIN: DE000A1YDED6). The new shares are expected to be quoted on the stock
exchange as of March 5, 2014.

After the swap capital increase against contributions in kind, the capital
stock of SolarWorld AG amounts to EUR 14,896,000.00 and is divided into
14,151,200 no-par-value bearer shares with a pro rata share in capital
stock of EUR 1.00 per share (New Shares, ISIN: DE000A1YDED6) and 744,800
no-par value bearer shares with a pro rata share in capital stock of EUR
1.00 per share (Old Shares, ISIN DE000A1YCMM2). After the next Annual
General Meeting, which should take place on May 30, 2014, the new shares
will be listed together with the old shares under the ISIN DE000A1YCMM2.

Contact:
SolarWorld AG 
Investor Relations 
Phone: +49 228 55920-470; Fax: +49 228 55920-9470,
Email: placement@solarworld.de; Web:
www.solarworld.de/en/investor-relations


24.02.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      SolarWorld AG
              Martin-Luther-King-Straße 24
              53175 Bonn
              Germany
Phone:        +49 (0)228 - 559 20 470
Fax:          +49 (0)228 - 559 20 9470
E-mail:       placement@solarworld.de
Internet:     www.solarworld.de
ISIN:         DE000A1YCMM2, DE000A1YDED6, DE000A1YDDX6, DE000A1YCN14
WKN:          A1YCMM
Listed:       Regulierter Markt in Düsseldorf, Frankfurt (Prime Standard);
              Freiverkehr in Berlin, Hamburg, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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