PNE AG — M&A Activity 2013

Jul 9, 2013

News Details

Ad-hoc | 9 July 2013 16:36

PNE WIND AG: Following the acquisition of Siemens’ 29.33 percent stake, PNE WIND AG now holds approximately 83 percent of WKN AG

PNE WIND AG / Key word(s): Acquisition

09.07.2013 16:36

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Cuxhaven, 9. July 2013 - PNE WIND AG, Cuxhaven, has increased its stake in
the specialist wind farm developer WKN AG, Husum to 82.75 percent. Within
the framework of a joint sales right, 29.33 percent of the WKN shares were
purchased from Siemens Project Ventures GmbH. The purchase price, which is
based upon a company valuation of approx. EUR 93 million for 100% of the
WKN shares, will be paid with cash.

In the preceding week, PNE WIND AG acquired 53.42 percent of WKN AG from
the Volker Friedrichsen Beteiligungs-GmbH. The previously announced
intention to acquire 83 percent of WKN AG is now complete.

Contact:
Contact:

PNE WIND AG
Rainer Heinsohn
Head of Corporate Communication
Tel: +49(0) 47 21 - 7 18 - 453
Fax: +49(0) 47 21 - 7 18 - 373
E-mail: Rainer.Heinsohn@pnewind.com

PNE WIND AG
Investor Relations
Scott McCollister
Tel: +49(0) 47 21 - 7 18 - 454
Fax: +49(0) 47 21 - 7 18 - 373
E-mail: Scott.McCollister@pnewind.com

Investor Relations
cometis AG
Ulrich Wiehle / Janis Fischer
Tel: +49(0) 611 - 205855-64
Fax: +49(0) 611 - 205855-66
E-mail: fischer@cometis.de

09.07.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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Language: English
Company: PNE WIND AG
Peter-Henlein-Straße 2-4
27472 Cuxhaven
Germany
Phone: 04721 / 718 - 06
Fax: 04721 / 718 - 200
E-mail: info@pnewind.com
Internet: http://www.pnewind.com
ISIN: DE000A0JBPG2, DE000A0B9VG7, , DE000A1EMCW3, , DE000A0Z1MR2, ,
DE000A1R0741
WKN: A0JBPG, A0B9VG, , A1EMCW, , A0Z1MR, , A1R074
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

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