13.04.2016
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DGAP-News: 3W Power S.A. / AEG Power Solutions: 3W Power S.A. announces result of the pro rata repurchase of notes
DGAP-News: 3W Power S.A. / AEG Power Solutions / Key word(s): Bond
3W Power S.A. / AEG Power Solutions: 3W Power S.A. announces result of the
pro rata repurchase of notes
13.04.2016 / 08:46
The issuer is solely responsible for the content of this announcement.
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* In relation to the Repurchase Invitation dated 9 March 2016 noteholders
submitted tender instructions for a total of 78,863 notes with a total
principal amount of EUR 39,431,500.
* The pro-rata factor, i.e. the ratio of the maximum repurchase amount of
EUR 4,950,000.00 in relation to the aggregate principal amount of the notes
for which tender instructions were submitted by noteholders under the
Repurchase Invitation is 0.12553415 (12.553415%).
Luxemburg/Zwanenburg, Niederlande - 13 April 2016. In the Repurchase
Invitation dated 9 March 2016, 3 Power S.A. (ISIN LU1072910919, 3W9K) has
invited all noteholders of its outstanding Notes 2014/2019 with ISIN
DE000A1ZJZB9/ WKN A1ZJZB to tender their notes on a pro rata basis for
repurchase by it for cash at the repurchase price of 101% of the relevant
principal amount, with the repurchase being limited to a total of 9,900
notes and a total principal amount of EUR 4,950,000.00. The tender period
ended on 7 April 2016 at 24:00 hours (local time in Frankfurt am Main).
In relation to the Repurchase Invitation tender instructions for a total of
78,863 notes with a total principal amount of EUR 39,431,500 have been
submitted. The pro-rata factor, i.e. the ratio of the maximum repurchase
amount of EUR 4,950,000.00 in relation to the aggregate principal amount of
the notes, for which tender instructions were submitted by noteholders
under the Repurchase Invitation is 0.12553415 (12.553415%). Consequently
the amount of notes for which tender instructions were submitted by single
noteholders will be taken into account to the extent that this amount is
divisible by the number eight. If the principal amounts resulting from the
pro-rata consideration cannot be divided by the nomination of the notes
without a remaining balance the amount shall be rounded down to the nearest
amount divisible by the nomination without remaining balance.
The settlement day, i.e. the day on which the legal title to the notes is
transferred to the issuer simultaneously with the payment of the repurchase
price by crediting the applicable noteholder's settlement account is 15
April 2016. On this day, noteholders will receive the repurchase price for
a number of notes calculated by the number of notes tendered for by the
respective noteholder under the Repurchase Invitation multiplied with the
pro rata factor.
ODDO SEYDLER BANK AG is the central settlement agent and is executing the
technical settlement of the repurchase.
-- End of Announcement --
About 3W Power/AEG Power Solutions:
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).
For more information, visit www.aegps.com
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.
For further information, please contact:
Christian Hillermann
Hillermann Consulting
Investor Relations for AEG Power Solutions
Phone: +49 40 320 279 10
Email: [email protected]
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13.04.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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: 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 News DGAP News Service
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