3S Industries AG
3S Swiss Solar Systems AG sets out details of capital increase
3S Swiss Solar Systems AG / Capital Increase/AGM/EGM Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Ad-Hoc Announcement 3S Swiss Solar Systems AG (Not for distribution in the United States, Japan, Australia, Canada or Germany) 3S Swiss Solar Systems sets out details of capital increase Lyss, 25 June 2008. The Board of Directors of 3S Swiss Solar Systems AG, the worldwide technological leader in laminating lines and testers for solar module production, announced today the subscription ratio and maximum subscription price for the planned increase in ordinary share capital to finance the acquisition of Somont GmbH. Under the terms of the capital increase, existing shareholders have the right to acquire one new share for two old shares. The final subscription price will be set at the end of the subscription period and will not exceed CHF 24.00 per new share. Further details of the planned capital increase, such as the subscription period, will be set out by the Board of Directors when they have obtained the agreement of today’s general meeting of shareholders. The 3S Swiss Solar Systems share closed at the end of yesterday’s trading on the Berne stock exchange at CHF 25.50. 'As well as for the acquisition of Somont, the funds provided by the capital increase will be used to finance further growth, to develop new projects and to establish markets in Asia and the USA,' says CEO Dr. Patrick Hofer-Noser. The general meeting of shareholders is responsible for making a decision on whether to increase share capital. The sixth ordinary general meeting of today, 25 June 2008, is also voting on the creation of a group structure, a change of name from 3S Swiss Solar Systems AG to 3S Industries AG and the conversion of the bearer shares into nominal shares. The Board of Directors of Directors is also proposing Rudolf Güdel, Dr. Parick Hofer-Noser and Prof. Dr. Konrad Wegener for election to the Board of Directors of the new 3S Industries AG holding company. Existing board members Rolf Wägli and Dr. Christian Witschi are standing for re-election. 3S Swiss Solar Systems AG 3S Swiss Solar Systems AG encompasses the three key technologies in the areas of solar module production, strings, laminators and testers. Through the announced acquisition of Somont, the Group is continuing its expansion strategy and is adding the missing link in the value chain for solar module production in the field of string soldering machines. In the laminating area, 3S Swiss Solar Systems has been a technological world market leader for many years. Having taken over the leading manufacturer of module testers, Pasan, in August 2007, 3S Swiss Solar Systems acquired its first additional key technology. The three firms will be operating independently from one another, each focussing on one of the three key technologies. Moreover, 3S Swiss Solar Systems integrates this production equipment into turnkey semi-automated production lines; it is also a manufacturer of solar modules and plans and develops building-integrated solar systems. For further information please contact: Investor Relations Antje Greiner Telephone: +41 (0) 32 391 11 35 Fax: +41 (0) 32 391 11 12 E-mail: aktie@3-s.ch Disclaimer THIS PRESS RELEASE AND THE INFORMATION CONTAINED THEREIN MAY NOT BE TAKEN OR TRANSMITTED TO A COUNTRY OUTSIDE SWITZERLAND AND MAY NOT BE DISTRIBUTED OR TRANSFERRED OUTSIDE SWITZERLAND TO PERSONS (INCLUDING LEGAL ENTITIES) WHO/WHICH ARE NOT SWISS, NOR DISTRIBUTED OR TRANSFERRED TO PUBLICATIONS WITH GENERAL CIRCULATION OUTSIDE SWITZERLAND. EACH AND ANY INFRINGEMENT OF THESE RESTRICTIONS MAY CONSTITUTE A VIOLATION OF THE LAWS REGARDING SECURITIES IN THE RELEVANT COUNTRIES. SHARES OF 3S SWISS SOLAR SYSTEMS LTD ARE NOT PUBLICLY OFFERED FOR PURCHASE OUTSIDE SWITZERLAND. THIS PRESS RELEASE DOES NOT INCLUDE, NOR DOES IT REPRESENT, AN OFFER TO PURCHASE SECURITIES OR A SUBSCRIPTION TO SECURITIES IN THE UNITED STATES OF AMERICA OR IN ANY OTHER JURISDICTION IN WHICH AN OFFER OR INVITATION IN SUCH FORM WOULD NOT BE PERMISSIBLE, NOR TO A PERSON FOR WHOM AN OFFER OR INVITATION OF THAT KIND WOULD BE IMPERMISSIBLE. IN EEA MEMBER STATES WHICH HAVE ADOPTED THE DIRECTIVE 2003/71/eg (TOGETHER WITH IMPLEMENTATION MEASURES OF THE MEMBER STATES, 'THE PROSPECTUS DIRECTIVE'), THIS PRESS RELEASE IS DIRECTED EXCLUSIVELY TO QUALIFIED INVESTORS AS PER THE PROSPECTUS GUIDELINES IN THE RELEVANT MEMBER STATE. THIS PRESS RELEASE REPRESENTS NEITHER AN OFFER TO SELL NOR AN INVITATION TO BUY SECURITIES AND IS NOT AN ISSUE PROSPECTUS IN THE SENSE OF ARTICLES 652a AND 1156 OF THE SWISS CODE OF OBLIGATIONS OR A QUOTATION PROSPECTUS IN THE SENSE OF THE LISTING REGULATIONS OF THE BX BERNE EXCHANGE. DECISIONS TO PURCHASE OR SUBSCRIBE TO THE SHARES OF 3S SWISS SOLAR SYSTEMS LTD SHOULD BE MADE EXCLUSIVELY ON THE BASIS OF THE ISSUE AND LISTING PROSPECTUS PUBLISHED BY THE COMPANY FOR THAT PURPOSE. Contact: 3S Swiss Solar Systems AG Antje Greiner Tel. +41(0)32 391 11 35 Fax. +41(0)32 391 11 12 aktie@3-s.ch www.3-s.ch Schachenweg 24 CH-3250 Lyss 25.06.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: 3S Swiss Solar Systems AG Schachenweg 24 3250 Lyss Schweiz Phone: +41 (0)32 391 11 11 Fax: 41 (0)32 391 11 12 E-mail: aktie@3-s.ch Internet: www.3-s.ch ISIN: CH0022678822 WKN: A0F6EW Listed: Freiverkehr in Berlin, München, Stuttgart; Open Market in Frankfurt; Foreign Exchange(s) BX End of News DGAP News-Service ---------------------------------------------------------------------------
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