13.04.2016 08:46:56
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DGAP-News: 3W Power S.A.
DGAP-News: 3W Power S.A. / AEG Power Solutions: 3W Power S.A. announces result of the pro rata repurchase of notes
* 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: investors@aegps.com
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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: janine.rechel@aegps.com 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 ---------------------------------------------------------------------------
453717 13.04.2016
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: investors@aegps.com
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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: janine.rechel@aegps.com 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 ---------------------------------------------------------------------------
453717 13.04.2016
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