DGAP-Adhoc: 3W Power S.A. / AEG Power Solutions: Key dates for option exercise of noteholders

Ad-hoc 3W Power / AEG Power Solutions: Key dates for option exercise of noteholders
Luxembourg / Zwanenburg, Netherlands - 20 July 2018. 3W Power S.A., the holding company of AEG Power Solutions Group, announced today that all pre-conditions for the execution of the noteholders' resolutions dated 25 January 2018 with regard to both its corporate bonds (ISIN: DE000A1ZJZB9 and DE000A1Z9U50) have been satisfied and therefore the resolutions will be promptly executed and the company can and will promptly initiate the final steps to implement its restructuring plan, including in particular the option exercise period for noteholders followed by a cash increase from EUR 400,000 to EUR 7,970,787.

The option exercise period for noteholders of both corporate bonds (ISIN: DE000A1ZJZB9 and DE000A1Z9U50) starts on 1 August 2018 and ends on 22 August 2018 (in each case inclusive). For further information on the option exercise please refer to the prospectus dated 20 July 2018 and the invitations to exercise option rights which will be published on or around 25 July 2018 in the German Federal Gazette (Bundesanzeiger) and on the company's website (www.aegps.com).

On 9 May 2018, the extraordinary general meeting of 3W Power S.A.'s shareholders had inter alia resolved to, for purposes of securing the service of the noteholders option rights, create authorised capital and to empower the board of the directors of 3W Power S.A. to issue new shares under the exclusion of preferential subscription rights of existing shareholders of 3W Power S.A.

The settlement of the option exercise and the consummation of the cash increase from EUR 400,000 to EUR 7,970,787 is expected to occur on or around 31 August 2018. The company plans to, promptly thereafter, repay the principal amount of the notes (which has been reduced with the noteholders' resolutions dated 25 January 2018) to those noteholders, who do not exercise their option rights; exercising noteholders waive the repayment.
 

-- End of Announcement -

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 publication does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for any securities. No offer of securities of 3W Power S.A. is being, or will be, made to the public outside of the Grand Duchy of Luxembourg (Luxembourg). The offer in Luxembourg is being made exclusively on the basis of the securities prospectus (including any amendments thereto) which has been or will be published on the website of 3W Power S.A. Any decision to invest in the securities of 3W Power S.A. offered should only be made on the basis of the published securities prospectus. Copies of the securities prospectus are or will be available free of charge at the registered offices of 3W Power S.A. during regular business hours and on its website (www.aegps.com).

The information contained herein does not constitute an offer to sell securities nor a solicitation of an offer to purchase securities in the United States of America (United States), Canada, Australia, Japan or any other jurisdiction in which such offers may be restricted by law. The securities referred to herein are not and will not be registered under the currently valid version of the United States Securities Act of 1933 (Securities Act), nor registered with a state securities regulator or other competent authorities in the United States. They may not be offered or sold within the United States, except in accordance with an exemption from registration under the Securities Act, or in connection with legal transactions that are not subject to registration under the Securities Act, or in accordance with the applicable securities laws of a State or any other competent jurisdiction of the United States. There will be no public offer of securities outside Luxembourg.

Statements contained herein may constitute "forward-looking statements". Forward-looking statements can be identified by words such as "could", "will", "should", "plans", "expects", "anticipates", "estimates", "believes", "intends" and "aims", in addition to their negative forms or corresponding modifications and comparable terms.

Forward-looking statements are based on current expectations and involve a number of known and unknown risks, uncertainties and other factors that could cause actual results, levels of utilization, developments and achievements of 3W Power S.A. or the industry in which it operates to differ materially from those expressed or implied. No undue reliance should be placed on forward-looking statements. 3W Power S.A. will not update or revise these forward-looking statements based on new information, future events or any other reason.
Investor Relations contact:
Christian Hillermann
Hillermann Consulting
Phone: +49 40 320 279 10
Email: investors@aegps.com