3W POWER S.A. CONDUCTS REVERSE SHARE SPLIT WITH RATIO OF 10:1
15 July 2014, Luxembourg/Zwanenburg, The Netherlands
3W Power S.A., holding company of AEG Power Solutions Group, a global provider of power electronic systems and solutions for industrial power supplies and renewable energy applications, will conduct a reverse share split with a ratio of 10:1 with effect from July 16, 2014 (start of trading). The converted registered shares will be traded under the new ISIN LU1072910919 (previously LU0953526265) or the new WKN A114Z9 (previously A1W2L4).
The capital reduction was approved by shareholders at the shareholders’ meeting on June 25 and subsequently implemented. Next steps will involve a cash capital increase in the amount of approximately EUR 4.0 million to strengthen liquidity, the conversion of 50 percent of the outstanding principal amount of the bond into shares (debt-to-equity swap) and the issue of a new bond in the amount of EUR 50 million for the remaining 50 percent of the outstanding principal amount of the bond. 3W Power S.A. will provide details on these subsequent measures in due course. In addition, the respective securities prospectuses will be available on the issuer’s website (
Home | AEG Power Solutions) after approval by the relevant regulatory authorities.
