PI Power International Limited
EANS-News: PI Power International Limited
Board of Directors announces second
capital repayment of EUR 2.50 per certificate
St Helier, Jersey, Channel Islands (euro adhoc) -
Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement.
Capital measures
Jersey/Vienna, October 23, 2009 - On the basis of the authorization granted at the Annual General Meeting held on October 7, 2009, the Board of Directors of PI Power International Limited (PI) decided on October 9, 2009 to make a capital repayment in cash to shareholders of EUR 2.50 for each eligible certificate.
Oesterreichische Kontrollbank Aktiengesellschaft ("OeKB"), which
holds 59,999,997 shares in the company on the account of certificate
holders, will transfer the portion of the capital repayment received
to the certificate holders by crediting the respective amounts to the
account holding banks. This transfer will take place starting from
October 30, 2009, based on the deposit account balances booked on
October 29, 2009. OeKB will not receive any payments for treasury
certificates held by the company.Trading ex-capital repayment will take place starting on October 30, 2009.
This second capital repayment follows the initial capital distribution amounting to EUR 4.40 at the beginning of June 2009.
Further information on PI Power International is available at: www.powerinternational.eu
Further inquiry note:
Please address any inquiries to:
Investor Relations and Public Relations
Hochegger Financial Relations GmbH
Michaela Lipa
T: +43 1 504 69 87-341
M: m.lipa@hochegger.com
Branche: Energy
ISIN: AT0000A05W59
WKN:
Index: other listings
Börsen: Wien / Third Market