DGAP-Adhoc: PNE WIND AG strengthens its equity through capital increase


PNE WIND AG  / Key word(s): Capital Increase

13.05.2015 09:50

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

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Ad hoc disclosure pursuant to Section 15 WpHG
from PNE WIND AG (ISIN: DE000A0JBPG2)

PNE WIND AG strengthens its equity through capital increase

Cuxhaven, 13 May 2015 - The Board of Management of PNE WIND AG has decided
today with the approval of the Supervisory Board, to increase the company's
share capital by utilizing the authorized capital by issuing 4,578,500 new
registered shares with a notional share in the share capital of EUR 1.00
each against cash contributions under exclusion of subscription rights. The
total 4,578,500 shares from the capital increase were fullly subscribed to
by the ODDO SEYDLER BANK AG, Frankfurt am Main, today and placed in the
context of a private placement to qualified investors at EUR 2.065 per
share. The gross proceeds from the capital increase for the company amounts
to approx. EUR 9.45 million.

PNE WIND AG strengthens its equity capital with the proceeds from the
capital measures. The specific backdrop to this is the planned and already
commenced strategic expansion of the business model - the so-called
YieldCo. In this subsidary, a number of fully operational projects will be
bundeled into a portfolio and once the intital portfolio is constructed,
the company plans to sell its holding - wholly or partly - in the YieldCo
to investors by the end of 2016 and by doing so increase the company's
earning potiential.

The shares from the capital increase are to be included in the existing
price reporting in the regulated market (Prime Standard) on the Frankfurt
Stock Exchange. The admission of shares from the capital increase for
trading is planned for 19 May 2015.

Disclaimer:

This ad-hoc disclosure constitutes neither an offer to sell nor a request
for provision of an offer for sale or for subscription of shares. The PNE
WIND AG shares mentioned in this disclosure may not be sold or offered for
sale in the United States of America ("USA") or to or for the account or
benefit of U.S. persons (as defined in Regulation S under the U.S
Securities Act of 1933 (the "Securities Act"), as amended) without prior
registration under the provisions of the Securities Act or as a result of
exemption from registration. PNE WIND AG does not intend to register the
offerings of shares in full or in part in the USA or publically offer
shares in the USA.

Contact

PNE WIND AG
Rainer Heinsohn
Head of Corporate Communications
Tel:  +49(0) 47 21 - 7 18 - 453
Fax: +49(0) 47 21 - 7 18 - 373
Email: 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
Email: Scott.McCollister@pnewind.com


13.05.2015 The DGAP 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:      PNE WIND AG
              Peter-Henlein-Straße 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:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
              Stuttgart
 
End of Announcement                             DGAP News-Service
 
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