EANS-Adhoc: PNE WIND AG plans to issue bonds and is negotiating a possible
acquisition
--------------------------------------------------------------------------------
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------
Capital measures/Company Information
12.03.2013
Cuxhaven, 12th March 2013 - PNE WIND AG intends to issue corporate bonds in the
first half of 2013 amounting to EUR 100 million on the Prime Standard segment of
the Deutsche Börse (German Stock Exchange).
PNE WIND AG intends to use the proceeds to fund both organic and inorganic
future growth. To this extent, the planned issuance of the corporate bond is in
connection with exclusive talks, which PNE WIND AG is currently conducting, for
the possible acquisition of over 50 % of the shares in a company. The target
company is primarily active in the development of onshore wind farms in Germany
and abroad. The initial price indication for 100 % of the shares amounts to EUR
100 million. PNE WIND AG is currently conducting Due Diligence.
The expansion of the on and offshore wind project pipeline in Germany and abroad
through project acquisition as well as providing interim financing for the
equity proportion of our German wind farm projects are further options for the
proceeds of the planned corporate bond. Currently PNE WIND AG has wind farms
with a nominal output of approximately 180 MW that are in the approval process
which are due to be realised in the near future. By providing the equity portion
of the wind farm projects, PNE WIND AG could then sell fully constructed wind
farms to potential investors after commissioning.
Further inquiry note:
PNE WIND AG
Leiter Unternehmenskommunikation
Rainer Heinsohn
Tel: +49(0) 47 21 - 7 18 - 4 53
Fax: +49(0) 47 21 - 7 18 - 3 73
E-mail: rainer.heinsohn@pnewind.com
Investor Relations
Scott McCollister
Tel: +49(0) 47 21 - 7 18 - 4 54
Fax: +49(0) 47 21 - 7 18 - 3 73
E-mail: scott.mccollister@pnewind.com
Investor Relations
cometis AG
Ulrich Wiehle / Janis Fischer
Tel: +49(0)611 - 205855-64
Fax: +49(0)611 - 205855-66
E-mail: fischer@cometis.de
end of announcement euro adhoc
--------------------------------------------------------------------------------
issuer: PNE WIND AG
Peter-Henlein-Str. 2-4
D-27472 Cuxhaven
phone: +49(0)4721 718 06
FAX: +49(0)4721 718 373
WWW: http://www.pnewind.com
sector: Alternative energy
ISIN: DE000A0JBPG2, DE000A0B9VG7 DE000A0Z1MR2 DE000A1EMCW3
indexes: CDAX, Prime All Share, Technology All Share
stockmarkets: free trade: Hannover, Berlin, München, Hamburg, Düsseldorf,
Stuttgart, regulated dealing/prime standard: Frankfurt
language: English