12.02.2014
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DGAP-Adhoc: aleo solar AG: Loss amounting to more than half of the company's share capital
aleo solar AG / Key word(s): Miscellaneous
12.02.2014 17:09
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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The request made by Robert Bosch GmbH on 4 February 2014 to liquidate the
company has significant effects on the annual financial statements of aleo
solar AG for the period ended 31 December 2013, which is currently being
prepared. The Management Board of aleo solar AG today announced that based
on the latest knowledge it incurred a loss amounting to more than half of
the company's share capital as at 31 December 2013. Based on preliminary
estimates, aleo solar AG will show a loss of EUR -20 million that is not
covered by equity in its annual financial statements as at 31 December
2013. At the extraordinary general meeting that has already been announced,
the Management Board will inform the shareholders of the loss amounting to
half of the share capital and explain the company's situation in accordance
with section 92 (1) German Stock Corporation Act. In contrast to previous
assumptions, aleo solar AG now expects to have closed financial year 2013
with a loss of EUR -100 million.
Due to the financing commitments made by Robert Bosch GmbH, aleo solar AG
is neither over-indebted as defined by insolvency law nor does it threaten
to become insolvent.
12.02.2014 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: 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
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Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
aleo solar AG ISIN: DE000A0JM634 können Sie bei EQS abrufen
Solar/Wind , A0JM63