PI Power International Limited

EANS-News: PI Power International Limited
Board of Directors announces second capital repayment of EUR 2.50 per certificate

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.

Capital measures

St Helier, Jersey, Channel Islands (euro adhoc) - 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

Ende der Mitteilung                               euro adhoc

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
Index: other listings
Börsen: Wien / Third Market

Original-Content von: PI Power International Limited, übermittelt durch news aktuell

Weitere Meldungen: PI Power International Limited

Das könnte Sie auch interessieren: