EANS-Adhoc: COLEXON Energy AG
Restructuring Plan and Alignment of Business
Modell
-------------------------------------------------------------------------------- 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. --------------------------------------------------------------------------------
Company Information
13.04.2011
Hamburg, April 13, 2011: In the context of a restructuring concept COLEXON Energy AG (ISIN: DE0005250708, WKN: 525070) aligns its business model according to changes in the market development.
Due to the drastic reductions of the feed-in-tariff in key sales markets the project business will be reduced considerably. The key focus will be on the sale of solar modules and components as well as on selected projects, primarily in the roof-top segment, and value added services in the project business. Additionally, a gradual sale of solar power plants in own operations shall take place to enhance the liquidity of the association.
The reshaped business model is characterized by a lower cost base and requires fewer personnel. Through the realignment of the business model and the resulting reduction of the capital intensity, COLEXON shall reach a stable initial position to take part in the further growth of the renewable energies industry.
end of announcement euro adhoc --------------------------------------------------------------------------------
Contact:
Jan Hutterer
Investor Relations Manager
Tel.: +49 (0) 40 2800 31 111
E-Mail: hutterer@colexon.de
Branche: Energy
ISIN: DE0005250708
WKN: 525070
Index: CDAX, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade