PI Power International Limited
EANS-News: PI Power International Limited
Board of Directors announces third
capital repayment of EUR 0.40 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.
Strategic management decisions
Jersey/Vienna, July 30, 2010 - 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 July 27, 2010 to make a capital repayment in cash to shareholders of EUR 0.40 for each eligible certificate. Thereby the total amount of all capital repayments distributed to the PI certificate holders hitherto increases to EUR 7.30 per 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 as of August 9,
2010, based on the deposit account balances booked on August 6, 2010.
OeKB will not make any payments for treasury certificates held by the
company.Trading ex-capital repayment will take place starting on August 9, 2010.
This third capital repayment follows the initial capital repayment amounting to EUR 4.40 per certificate at the beginning of June 2009, and the second capital repayment amounting to EUR 2.50 per certificate at the end of October 2009.
end of announcement euro adhoc
Further inquiry note:
Investor Relations and Public Relations
Metrum Communications GmbH
Mick Stempel
T: +43 1 504 69 87-385
M: m.stempel@metrum.at
Branche: Energy
ISIN: AT0000A05W59
WKN:
Index: other listings
Börsen: Wien / Third Market