Ralos New Energies AG
ralos New Energies AG: Capital increase successfully placed

Ralos New Energies AG  / Key word(s): Corporate Action

12.10.2010 18:00
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ralos New Energies AG: Capital increase successfully placed

  - 429,000 shares placed at a price of 6.75 Euro

  - Gross proceeds of approx. EUR 2.9 million

  - Major investor ING Investment Management (Europe) subscribes to almost
    240,000 shares

  - Proceeds to be used for expansion of the business

 

Griesheim, 12th of October 2010: ralos New Energies AG has reported the
successful placing of the capital increase announced on 11.10.2010. The
company's share capital was increased by 429,000 new bearer shares from
existing authorised capital. With a placement price of 6.75 Euro the gross
volume amounts to approx. 2.9 million EUR.

The current major shareholder ING Investment Management (Europe) B.V., Den
Haag, Netherlands, subscribed to almost 240,000 new shares, thereby
increasing its interest in ralos New Energies AG indirectly and directly
from 27.4 percent to approx. 29.5 percent. The remaining 189,000 shares
were offered to German and international institutional investors.

The net proceeds from the capital increase will be invested in project
development. The company has also increased its flexibility to respond to
current market developments in the attractive photovoltaic market.

After the capital increase is entered in the Companies Register, the total
number of shares will amount to 5,813,154 (currently 5,384,154), this
corresponds to share capital of 11,626,308 EUR. Close Brothers Seydler Bank
AG acted as Sole Bookrunner on this capital increase.

The Management Board




About ralos New Energies AG: Ralos New Energies AG (formerly BGI EcoTech
AG) specialises in the growth market of regenerative energies, particularly
photovoltaics. The company, which was founded in 1990, is a management
holding company. With subsidiaries and distributors in Germany, Austria,
Spain, Italy, Canada, Czech Republic and Dubai, Ralos is represented in the
most important and potentially fastest growing international markets. Ralos
Vertriebs GmbH, one of Europe's leading systems solutions providers in the
field of photovoltaics, is the company's most important holding.

The company develops, plans, builds and operates innovative photovoltaics
plants, ranging from private solar electricity systems to large-scale
high-output plants of all sizes for industrial clients.



Contact:
Company contact:
 
Registered address:
Dieselstraße 12
64347 Griesheim 

Mailing address:
Pfungstädter Str. 100a
64297 Darmstadt 

Tel.: +49 (0)6151 95165-0
Fax.: +49 (0)6151 95165-20
info@ralos-new-energies.com
www.ralos-new-energies.com



Investor relations contact:

GFEI Aktiengesellschaft
Hamburger Allee 26-28 
60486 Frankfurt am Main
Tel.: +49 (0) 69 74 30 37 00
Fax: +49 (0) 69 74 30 37 22
bgi-ecotech@gfei.de
www.gfei.de





12.10.2010 Dissemination of a Corporate News, transmitted by DGAP - 
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Language:     English
Company:      Ralos New Energies AG
              Kuhbergstr. 28
              34131 Kassel
              Deutschland
Phone:        +49 (0)561-93 87 70
Fax:          +49 (0)561-93 87 744
E-mail:       info@ralos-new-energies.com
Internet:     www.ralos-new-energies.com
ISIN:         DE0005203004
WKN:          520300
Listed:       Freiverkehr in Berlin, Stuttgart; Entry Standard in Frankfurt
 
End of Announcement                             DGAP News-Service
 
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