DGAP-News: PNE WIND AG / Key word(s): Bond
PNE WIND AG convertible bond from 2010 matures
06.01.2015 / 11:06
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Corporate News
PNE WIND AG convertible bond from 2010 matures
Cuxhaven, 6 January 2015 - PNE WIND AG has concluded the 6.5% convertible
bond issued in 2010 on 31 December 2014. From the total issuance volume of
the convertible bond amounting to EUR 26 million, the vast majority was
converted into shares at a conversion price of EUR 2.20. At the maturity
date of the bond at the end of 2014, only approx. EUR 1.8 million was not
converted into shares and needed to be repaid.
As a result of the conversion of the convertible bonds, the number of PNE
WIND AG shares outstanding has increased to 71,974,939 at the end of 2014.
Accordingly, the share capital of the Company has increased to EUR
71,974,939.
Martin Billhardt, Chief Executive Officer (CEO) of PNE WIND AG: "The high
conversion rate of our convertible bond reflects the confidence our
investors have in the future development of PNE WIND AG and our shares. For
this trust, we would like to express our gratitude to our shareholders."
Company profile
With its headquarters in Cuxhaven, PNE WIND AG plans and realises wind farm
projects on land (onshore) and on the high seas (offshore). In doing so,
its core competence lies in the development, project planning, realisation
and financing of wind farms and in their operation and sales respectively
with the provision of subsequent service. To date, the company has already
successfully developed wind farms with a total nominal output of over 2,100
MW.
In addition to its business activities in the established German home
market, PNE WIND AG is increasingly expanding into dynamic growth markets
and is already represented in joint ventures and by subsidiary companies in
14 countries in Europe, Africa and North America. In these countries, wind
farm projects with a nominal output of over 5,000 MW are currently being
developed and are to be completed in the medium term.
PNE WIND AG is developing offshore wind farm projects, of which four major
projects in German waters have already been approved. The offshore
department area is developing own projects or projects for customers with a
nominal capacity of up to 4,700 MW.
Contact:
Contact:
PNE WIND AG
Rainer Heinsohn
Head of Corporate Communication
Tel: +49(0) 47 21 - 7 18 - 453
Fax: +49(0) 47 21 - 7 18 - 373
E-mail: Rainer.Heinsohn@pnewind.com
PNE WIND AG
Investor Relations
Scott McCollister
Tel: +49(0) 47 21 - 7 18 - 454
Fax: +49(0) 47 21 - 7 18 - 373
E-mail: Scott.McCollister@pnewind.com
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Language: English
Company: PNE WIND AG
Peter-Henlein-StraÃe 2-4
27472 Cuxhaven
Germany
Phone: 04721 / 718 - 06
Fax: 04721 / 718 - 200
E-mail: info@pnewind.com
Internet: http://www.pnewind.com
ISIN: DE000A0JBPG2, DE000A0B9VG7, , DE000A1R0741, , DE000A12UMG0
WKN: A0JBPG, A0B9VG, , A1R074, , A12UMG
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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310177 06.01.2015
DGAP-News: PNE WIND AG convertible bond from 2010 matures
| Source: EQS Group AG