01.02.2017 3W Power S.A. / AEG Power Solutions  LU1072910919

DGAP-Adhoc: 3W Power S.A. / AEG Power Solutions: Next Restructuring Milestone of German Subsidiary Achieved


 
DGAP-Ad-hoc: 3W Power S.A. / AEG Power Solutions / Key word(s): Strategic Company Decision 3W Power S.A. / AEG Power Solutions: Next Restructuring Milestone of German Subsidiary Achieved 01-Feb-2017 / 15:13 CET/CEST Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Inside information disclosure pursuant to Art. 17 of the Market Abuse Regulation 596/2014 1 February 2017, Luxembourg / Zwanenburg, The Netherlands. 3W Power S.A. (ISIN LU1072910919, 3W9K), the holding company of AEG Power Solutions Group, announced today that the Protective Shield Proceedings, applied for at the level of the German subsidiary on 22 November 2016, proceed as planned. With resolution dated 1 February 2017, the Local Court of Arnsberg has opened final proceedings at the German subsidiary level, approved the perpetuation of the debtor-in-possession status and appointed Dr. Rainer Eckert as final supervisor of the proceedings. The preliminary creditor committee and the preliminary supervisor explicitly supported this resolution. On that basis the management will continue to engage with the different creditor groups of the German subsidiary to further co-ordinate and finalize and then file its financial and operational restructuring plan with the Local Court of Arnsberg in due course. -- End of Announcement -- About 3W Power: 3W Power S.A. (WKN A114Z9 / ISIN LU1072910919), based in Luxembourg, is the holding company of AEG Power Solutions Group. The Group is headquartered in Zwanenburg in the Netherlands. The shares of 3W Power are admitted to trading on Frankfurt Stock Exchange (ticker symbol: 3W9K). AEG Power Solutions is a leading provider of UPS systems and power electronic solutions for industrial, commercial, renewable and distributed energy markets throughout the world with main sites in France, Spain, Germany, Singapore and China, with further direct 14 sales and service offices worldwide. For more information, visit www.aegps.com Press contact: Tobias Eberle / Thomas Katzensteiner Charles Barker Corporate Communications GmbH Phone: +49 69 79 40 90 24 / +49 69 79 40 90 25 Email: [email protected] / [email protected] Investor Relations contact: Christian Hillermann Hillermann Consulting Phone: +49 40 320 279 10 Email: [email protected] This communication does not constitute an offer or the solicitation of an offer to buy, sell or exchange any securities of 3W Power. This communication contains forward-looking statements which include, inter alia, statements expressing our expectations, intentions, projections, estimates, and assumptions. These forward-looking statements are based on the reasonable evaluation and opinion of the management but are subject to risks and uncertainties which are beyond the control of 3W Power and, as a general rule, difficult to predict. The management and the company cannot and do not, under any circumstances, guarantee future results or performance of 3W Power and the actual results of 3W Power may materially differ from the information expressed or implied in the forward-looking statements. As a result, investors are cautioned against relying on the forward-looking statements contained herein as a basis for their investment decisions regarding 3W Power. 3W Power undertakes no obligation to update or revise any forward-looking statement contained herein. --------------------------------------------------------------------------- 01-Feb-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: 3W Power S.A. / AEG Power Solutions 19, rue Eugène Ruppert L-2453 Luxemburg Grand Duchy of Luxembourg Phone: +31 20 4077 800 Fax: +31 20 4077 801 E-mail: [email protected] Internet: www.aegps.com ISIN: LU1072910919, DE000A1A29T7, WKN: A114Z9 , A1A29T, Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Munich, Tradegate Exchange End of Announcement DGAP News Service --------------------------------------------------------------------------- 541007 01-Feb-2017 CET/CEST