20.07.2018
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DGAP-Adhoc: 3W Power S.A. / AEG Power Solutions: Key dates for option exercise of noteholders
DGAP-Ad-hoc: 3W Power S.A. / AEG Power Solutions / Key word(s): Bond
3W Power S.A. / AEG Power Solutions: Key dates for option exercise of
noteholders
20-Jul-2018 / 16:21 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, 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 3W Power / AEG Power Solutions: Key dates for option exercise of
noteholders
Luxembourg / Zwanenburg, Netherlands - 20 July 2018. 3W Power S.A., the
holding company of AEG Power Solutions Group, announced today that all
pre-conditions for the execution of the noteholders' resolutions dated 25
January 2018 with regard to both its corporate bonds (ISIN: DE000A1ZJZB9 and
DE000A1Z9U50) have been satisfied and therefore the resolutions will be
promptly executed and the company can and will promptly initiate the final
steps to implement its restructuring plan, including in particular the
option exercise period for noteholders followed by a cash increase from EUR
400,000 to EUR 7,970,787.
The option exercise period for noteholders of both corporate bonds (ISIN:
DE000A1ZJZB9 and DE000A1Z9U50) starts on 1 August 2018 and ends on 22 August
2018 (in each case inclusive). For further information on the option
exercise please refer to the prospectus dated 20 July 2018 and the
invitations to exercise option rights which will be published on or around
25 July 2018 in the German Federal Gazette (Bundesanzeiger) and on the
company's website ( www.aegps.com).
On 9 May 2018, the extraordinary general meeting of 3W Power S.A.'s
shareholders had inter alia resolved to, for purposes of securing the
service of the noteholders option rights, create authorised capital and to
empower the board of the directors of 3W Power S.A. to issue new shares
under the exclusion of preferential subscription rights of existing
shareholders of 3W Power S.A.
The settlement of the option exercise and the consummation of the cash
increase from EUR 400,000 to EUR 7,970,787 is expected to occur on or around
31 August 2018. The company plans to, promptly thereafter, repay the
principal amount of the notes (which has been reduced with the noteholders'
resolutions dated 25 January 2018) to those noteholders, who do not exercise
their option rights; exercising noteholders waive the repayment.
-- End of Announcement -
About 3W Power:
3W Power S.A., based in Luxembourg, is the holding company of AEG Power
Solutions Group. The Group is headquartered in Zwanenburg in the
Netherlands. 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
This publication does not constitute an offer to sell or a solicitation of
an offer to buy or subscribe for any securities. No offer of securities of
3W Power S.A. is being, or will be, made to the public outside of the Grand
Duchy of Luxembourg (Luxembourg). The offer in Luxembourg is being made
exclusively on the basis of the securities prospectus (including any
amendments thereto) which has been or will be published on the website of 3W
Power S.A. Any decision to invest in the securities of 3W Power S.A. offered
should only be made on the basis of the published securities prospectus.
Copies of the securities prospectus are or will be available free of charge
at the registered offices of 3W Power S.A. during regular business hours and
on its website ( www.aegps.com).
The information contained herein does not constitute an offer to sell
securities nor a solicitation of an offer to purchase securities in the
United States of America (United States), Canada, Australia, Japan or any
other jurisdiction in which such offers may be restricted by law. The
securities referred to herein are not and will not be registered under the
currently valid version of the United States Securities Act of 1933
(Securities Act), nor registered with a state securities regulator or other
competent authorities in the United States. They may not be offered or sold
within the United States, except in accordance with an exemption from
registration under the Securities Act, or in connection with legal
transactions that are not subject to registration under the Securities Act,
or in accordance with the applicable securities laws of a State or any other
competent jurisdiction of the United States. There will be no public offer
of securities outside Luxembourg.
Statements contained herein may constitute "forward-looking statements".
Forward-looking statements can be identified by words such as "could",
"will", "should", "plans", "expects", "anticipates", "estimates",
"believes", "intends" and "aims", in addition to their negative forms or
corresponding modifications and comparable terms.
Forward-looking statements are based on current expectations and involve a
number of known and unknown risks, uncertainties and other factors that
could cause actual results, levels of utilization, developments and
achievements of 3W Power S.A. or the industry in which it operates to differ
materially from those expressed or implied. No undue reliance should be
placed on forward-looking statements. 3W Power S.A. will not update or
revise these forward-looking statements based on new information, future
events or any other reason.
Investor Relations contact:
Christian Hillermann
Hillermann Consulting
Phone: +49 40 320 279 10
Email: [email protected]
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20-Jul-2018 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: 3W Power S.A. / AEG Power Solutions
19, rue Eugène Ruppert
L-2453 Luxemburg
Luxemburg
Phone: +31 20 4077 800
Fax: +31 20 4077 801
Internet: www.aegps.com
ISIN: LU1072910919
WKN: A114Z9
End of Announcement DGAP News Service
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706721 20-Jul-2018 CET/CEST
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