aleo solar AG / Key word(s): Miscellaneous 05.02.2014 07:45 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. --------------------------------------------------------------------------- aleo solar AG [ISIN: DE000A0JM634] aleo solar sells significant parts of its operating business - negative contribution to earnings - extraordinary general meeting to resolve on the transaction and the liquidation of aleo solar AG - additional financial support from Robert Bosch GmbH aleo solar AG today entered into an agreement to sell the aleo solar Group's material operating business, including the production site in Prenzlau and the aleo brand to SCP Solar GmbH, Hamburg. SCP Solar GmbH is the acquiring company in a consortium comprising Taiwanese company Sunrise Global Solar Energy Co. Ltd., CHOSHU Industry Co. Ltd. and Pan Asia Solar Ltd., who have agreed to contribute EUR 13.5 million in equity capital to SCP Solar GmbH. SCP Solar GmbH intends to offer jobs to approximately 200 aleo solar Group employees in production and sales. aleo solar AG has agreed framework social plans with the works councils in Oldenburg and Prenzlau. The purchase agreement results in a negative contribution to earnings at aleo solar AG. The buyer pays a total purchase price of EUR 1.00 for the production facility in Prenzlau including fixed assets, inventories, intellectual property rights and share in a subsidiary of the aleo solar Group. For its part, aleo solar AG agrees to pay to the purchaser SCP Solar GmbH a negative purchase price of EUR 10.0 million. The shareholder Robert Bosch GmbH has agreed to pay a financial compensation of EUR 31.0 million to aleo solar AG in connection with the sale of the operating business. The closing of the purchase agreement is subject, among others, to the conditions precedent of the approval of the antitrust authorities and the approval of the general meeting of aleo solar AG. To this effect, the Management Board of aleo solar AG will convene an extraordinary general meeting. Today, Robert Bosch GmbH informed the Management Board of aleo solar AG that, as a shareholder, it also seeks to resolve upon the liquidation of aleo solar AG at the extraordinary general meeting. Robert Bosch GmbH has committed to provide additional funds to aleo solar AG in the course of liquidation if there is a concrete need for liquidity in order to enable an orderly liquidation without filing for insolvency. If the company's liquidation is resolved, the Management Board currently expects to post only an economically insignificant liquidation surplus, if at all, once liquidation has been completed. 05.02.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: aleo solar AG Marius-Eriksen Straße 1 17291 Prenzlau Germany Phone: +49 (0)3984 8328-0 Fax: +49 (0)3984 8328-115 E-mail: [email protected] Internet: www.aleo-solar.de ISIN: DE000A0JM634 WKN: A0JM63 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------