Ad hoc disclosures
PNE WIND AG tops-up its corporate bond issue by up to EUR 33.6 million
Cuxhaven, 16th September 2013 – The Board of Directors and the Supervisory Board of PNE WIND AG have resolved to top-up the 8.0% corporate bond issue 2013/2018 (WKN: A1R074/ISIN: DE000A1R0741) dated May 2013 by issuing up to 33,662 additional bonds valued at a total nominal value of up to EUR 33,662,000.00. The bonds will be offered today from 8:00 o’clock within the framework of a private placement. Close Brothers Seydler Bank AG, Frankfurt am Main will sponsor the top-up bond issue.
Debt reduced by approx. 16.9 mill Euro with the conversion of converttible bondsCuxhaven, 7. August 2013 - The Volker Friedrichsen Beteiligungs-GmbH informed PNE WIND AG today that it has converted 168.680 convertible bonds issued by PNE WIND AG in 2010 into approx. 7.7 million new shares. As a result, PNE WIND AG has reduced its debt by approx. EUR 16.9 million as well as lowering future interest payments which would have been due on the bonds till the end of 2014 by approx. EUR 1.5 million.
The Volker Friedrichsen Beteiligungs-GmbH now holds approx. 20% of the approx. 54.2 million PNE WIND AG shares outstanding. Prior to converting the bond, the Volker Friedrichsen Beteiligungs-GmbH held approx. 6.6 percent of PNE WIND AG’s outstanding shares.
PNE WIND AG acquired a 53.42 percent stake in the Husum wind farm developer WKN AG from the Volker Friedrichsen Beteiligungs-GmbH in July. As part of this transaction, the purchase of the bonds and their subsequent intention to convert the bonds into shares had already been announced.
PNE WIND sells remaining treasury sharesCuxhaven, 12 July 2013 - PNE WIND AG has sold 1,052,491 treasury shares for approximately €2.75 million over the counter today to Close Brothers Seydler Bank AG, who will then place the shares with institutional investors.
Following the acquisition of Siemens' 29.33 percent stake, PNE WIND AG now holds approximately 83 percent of WKN AG
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.
PNE WIND AG has concluded the takeover of the majority shareholding in WKN AG and now holds approx. 53 percent
Cuxhaven, 4th July 2013 - PNE WIND AG, Cuxhaven, has concluded the takeover of the majority shareholding in the specialist wind farm developer WKN AG, Husum, and now holds approx. 53.42 percent of WKN AG. These shares were taken over from Volker Friedrichsen Beteiligungs-GmbH. Further approx. 29.33 percent were acquired from Siemens Project Ventures GmbH within the framework of a joint sales right. The closing for these shares will become effective in the coming days. 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 and approx. 3.1 million PNE WIND AG shares valued at approx. EUR 8.2 million.
- PNE WIND closes placement of the corporate bond with institutional investors
- PNE WIND AG publishes securities prospectus for a corporate bond in the volume of € 100 million
- PNE WIND AG purchases approx 54 percent of WKN AG
- PNE WIND AG completes share buyback programme
- PNE WIND AG plans to issue bonds and is negotiating a possible acquisition
- Annual Report 2014
- Financial statements PNE WIND AG 2014
- Q1 2015 Financial report
- Image brochure
- Current company presentation
- PNE Power 01 2014 (German)
- Interview with CEO Martin Billhardt at FINANCE-TV on YieldCo project and current business developments, 2015-05-05
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