7C Solarparken AG

Capital/Financing Update • Apr 6, 2006

News Details

Ad-hoc | 6 April 2006 08:47

Reinecke + Pohl Sun Energy AG issues convertible bonds from up to 30 million EUR

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Hamburg, April 06 2006: As of 2007, Reinecke + Pohl Sun Energy AG plans to achieve considerably higher results in turnover and yield than as assumed up to now. The Company was able to generate further growth potential last month, within an uttermost dynamic market environment, through the conclusions of long-term module supply agreements with a turnover potential of over 900 million EUR. The required funding for the preliminary financing of these module deliveries shall be assured through the proceeds of these convertible bonds. With these proceeds, Reinecke + Pohl Sun Energy AG’s Executive Board additionally plans to accelerate the company’s international expansion and strengthen the company growth through acquisitions. The issuance of convertible bonds with subscription rights is intended with an emission volume from up to 30 million EUR. The Company assumes, that the earnings per share will improve, due to the accelerated company growth after calculating in the additional shares. The Shareholders will be granted an indirect subscription right via the VEM Aktienbank AG in Munich. A trade in subscription rights shall not take place. Details concerning the furnishing of convertible bonds and the rights offer will be presumably announced in mid-April. Contact: Reinecke + Pohl Sun Energy AG Susanne Kostorz ABC-Strasse 19 20354 Hamburg Tel. +49 (0) 40 / 696528-134 Fax: +49 (0) 40 / 696528-58 E-Mail: kostorz@rpse.de www.rpse.de Reinecke + Pohl Sun Energy AG ISIN: DE0005250708 WKN: 525070 Regulated Market (Frankfurt Stock Exchange– General Standard; Düsseldorf Stock Exchange) Xetra (continuous trading) (c)DGAP 06.04.2006 ————————————————————————— language: English emitter: Reinecke + Pohl Sun Energy AG ABC-Straße 19 20354 20354 Hamburg Deutschland phone: +49(0)40696528-134 fax: +49(0)40696528-58 email: kostorz@rpse.de WWW: www.rpse.de ISIN: DE0005250708 WKN: 525070 indexes: stockmarkets: Geregelter Markt in Frankfurt (General Standard), Düsseldorf; Freiverkehr in Berlin-Bremen, München, Stuttgart End of News DGAP News-Service —————————————————————————