You might also be interested in:

Perfect Formula: Rosberg Joins First Clients at Pininfarina Battista Premiere in Geneva

Geneva (ots) - - Landmark pure-electric luxury Pininfarina Battista revealed at a gala VIP event on the eve of ...

Hannover Messe: German Bionic presents first robot exoskeleton for the Industrial IoT

Augsburg (ots) - - Technology leader presents the third generation of the successful Cray X model - German ...

Wearable marketing on T-shirts, hoodies and more / Large selection and quality imprints from Onlineprinters

Fürth (ots) - Promotional garments are more popular than ever before. Companies big and small, doctor's ...

15.05.2006 – 08:32

Nordex SE

euro adhoc: Nordex AG
Restructuring & Recapitalisations
Nordex AG is planning capital increase

@@start.t1@@--------------------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc.   The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------@@end@@

15.05.2006

Hamburg, May 15, 2006. The Management Board of Nordex AG has decided to place a total of 5.5 million new shares with institutional investors issued from its authorized capital and subject to the exclusion of subscription rights. The Management Board’s decision is still subject to approval by its Supervisory Board. The company’s corporate bodies will determine and announce further details in due course.

Possibly, in connection therewith, the financial investors CMP Capital Management-Partners and Goldman Sachs as well as HSH Nordbank, HypoVereinsbank and Morgan Stanley, who jointly hold approx. 74% of Nordex AG’s subscribed capital, may sell down a portion of their shares.

Nordex will use the proceeds from the share issue to finance its continued growth. As already published, this fiscal year, the Company plans to increase sales by 50% and also intends to grow by a similar rate in 2007 and 2008.

For more information, please contact:

Nordex AG Investor Relations Ralf Peters Telephone: +49 40 500 98 - 100, Telefax:  - 333 mobile: +49/173 523 97 19

@@start.t2@@end of announcement                                                 euro adhoc 15.05.2006 07:58:52
--------------------------------------------------------------------------------@@end@@

ots Originaltext: Nordex AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Felix Losada
Tel.: +49 (0)40 50098 100
flosada@nordex-online.com

Branche: Alternative energy
ISIN:      DE000A0D6554
WKN:        A0D655
Index:    CDAX, Prime All Share, Technologie All Share
Börsen:  Frankfurter Wertpapierbörse / regulated dealing/prime
              standard
              Börse Berlin-Bremen / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Bayerische Börse / free trade

Original content of: Nordex SE, transmitted by news aktuell

All Releases
Subscribe to Nordex SE
  • Printable version
  • PDF version

Topics in this relase