7C Solarparken AG

M&A Activity • Dec 8, 2006

News Details

Ad-hoc | 8 December 2006 07:30

Reinecke + Pohl Sun Energy AG: Agreement on optional acquisition of project developer in Spain signed

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Hamburg, 08.12.06. Late yesterday evening, Reinecke + Pohl Sun Energy AG has signed an agreement giving the option to purchase a company in Spain. According to the contract, RPSE AG may purchase the shares of the Andalucia-based company after a due diligence. The start-up company is a developer of photovoltaic-projects in Spain and employs eight employees. The purchase price will likely be in the low single digit million range and is tied to the realization of projects. Through the acquisition of the Spanish company Reinecke + Pohl Sun Energy AG may take another step in the further development of its international business. Contact: Reinecke + Pohl Sun Energy AG Investor Relations Grosse Elbstrasse 45 22767 Hamburg Telefon +49(0)40 / 696 528-0 Telefax +49(0)40 / 696 528-159 (c)DGAP 08.12.2006 ————————————————————————— Language: English Issuer: Reinecke + Pohl Sun Energy AG Große Elbstraße 45 22767 Hamburg Deutschland Phone: +49(0)40696528-0 Fax: +49(0)40696528-159 E-mail: oelze@rpse.de WWW: www.rpse.de ISIN: DE0005250708 WKN: 525070 Indices: Listed: Geregelter Markt in Frankfurt (Prime Standard), Düsseldorf; Freiverkehr in Berlin-Bremen, Stuttgart, München End of News DGAP News-Service —————————————————————————