DGAP-Adhoc: 3W Power S.A. / AEG Power Solutions: 3W Power / AEG Power Solutions announces Results of the Option Right Exercise and the Early Termination of its Bonds

August 28, 2018

Inside information disclosure pursuant to Art. 17 art. 1 of the Market Abuse Regulation 596/2014

Ad-hoc 3W Power / AEG Power Solutions: 3W Power / AEG Power Solutions announces Results of the Option Right Exercise and the Early Termination of its Bonds

Luxembourg / Zwanenburg, The Netherlands - 28 August 2018. 3W Power S.A., the holding company of AEG Power Solutions Group, announces the results of the subscription offer and the exercise of acquisition rights by the bondholders of its two corporate bonds (ISIN: DE000A1ZJZB9 and DE000A1Z9U50) as well as the early termination of such two bonds.

During the exercise period from 1 August to 22 August 2018, bondholders representing approximately 93.5% (ISIN: DE000A1Z9U50) and 55.5% (ISIN: DE000A1ZJZB9) of the company's two corporate bonds have exercised their acquisition rights (unconditional option rights and oversubscription rights) and have, in course of the exercise, also delivered their notes to the settlement agent and waived their repayment; the delivered notes will be cancelled promptly. In total, the authorized capital in the amount of EUR 7,570,787 available for servicing the acquisition rights of the bondholders was oversubscribed by approximately EUR 4 million. The capital increase from EUR 400,000 by EUR 7,570,787 to EUR 7,970,787 can therefore be implemented this week as planned; the same applies to the final settlement of the option rights' exercise.

As the last step necessary for the successful completion of the restructuring, the Company resolved today to terminate all of the outstanding notes 2015/2020 (ISIN: DE000A1Z9U50) pursuant to § 6 para 2 of the applicable terms and conditions as well as all of the outstanding notes 2014/2019 (ISIN: DE000A1ZJZB9) pursuant to § 4(c) of the applicable terms and conditions, each in whole and early with effect as of 31 August 2018. The respective termination notices will be published today inter alia on the company's website (www.aegps.com).

The terminated and outstanding notes will be redeemed each on Friday, 31 August 2018 and at their nominal amount, i.e. the notes 2015/2020 (ISIN: DE000A1Z9U50) at the nominal amount of EUR 100.- per note and the notes 2014/2019 (ISIN: DE000A1ZJZB9) at the nominal amount of EUR 5.- per note.

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About 3W Power:
3W Power S.A., based in Luxembourg, is the holding company of AEG Power Solutions Group. The Group is headquartered in Zwanenburg in the Netherlands. AEG Power Solutions is a leading provider of UPS systems and power electronic solutions for industrial, commercial, renewable and distributed energy markets throughout the world with main sites in France, Spain, Germany, Singapore and China, with further direct 14 sales and service offices worldwide.

For more information, visit www.aegps.com

This communication does not constitute an offer or the solicitation of an offer to buy, sell or exchange any securities of 3W Power. This communication contains forward-looking statements which include, inter alia, statements expressing our expectations, intentions, projections, estimates, and assumptions. These forward-looking statements are based on the reasonable evaluation and opinion of the management but are subject to risks and uncertainties which are beyond the control of 3W Power and, as a general rule, difficult to predict. The management and the company cannot and do not, under any circumstances, guarantee future results or performance of 3W Power and the actual results of 3W Power may materially differ from the information expressed or implied in the forward-looking statements. As a result, investors are cautioned against relying on the forward-looking statements contained herein as a basis for their investment decisions regarding 3W Power.
3W Power undertakes no obligation to update or revise any forward-looking statement contained herein.

Investor Relations contact:
Christian Hillermann
Hillermann Consulting
Phone: +49 40 320 279 10
Email: investors@aegps.com