EANS-Adhoc: COLEXON Energy AG Cost reduction by staff reduction and site
closures
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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.
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25.07.2011
Hamburg, July 25th, 2011
For market-related reasons and changes in financing terms COLEXON Energy AG
(ISIN DE0005250708, WKN 525070, listed Regulated Market, Frankfurt am
Main/Germany (Prime Standard)) has taken measures to adjust its business volume
to these changed conditions by a considerable reduction. The Company will
therefore - at short notice - effect a staff reduction to a considerable extent
and close the sites in Mainz and Imola (Italy). Together with further measures
for cost and risk reduction the Company assumes that it will be possible to
raise the liquidity required in future without short-term credit financing by
banks.
COLEXON Energy AG is still aiming at participating in a future growth of the
photovoltaic sector.
COLEXON Energy AG
The Executive Board
COLEXON Energy AG
Große Elbstraße 45
22767 Hamburg/Germany
Further inquiry note:
Friederike Thyssen, Investor Relations COLEXON Energy AG,
friederike.thyssen@pvf.de
end of announcement euro adhoc
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issuer: COLEXON Energy AG
Große Elbstraße 45
D-22767 Hamburg
phone: +49 (0) 40 2800 31 0
FAX: +49 (0) 40 2800 31 101
mail: info@colexon.de
WWW: http://www.colexon.de
sector: Energy
ISIN: DE0005250708
indexes: CDAX, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Stuttgart, Düsseldorf, München
language: English