EANS-Adhoc: COLEXON Energy AG
Cost reduction by staff reduction and site
closures
-------------------------------------------------------------------------------- ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 25.07.2011 Hamburg, July 25th, 2011 For market-related reasons and changes in financing terms COLEXON Energy AG (ISIN DE0005250708, WKN 525070, listed Regulated Market, Frankfurt am Main/Germany (Prime Standard)) has taken measures to adjust its business volume to these changed conditions by a considerable reduction. The Company will therefore - at short notice - effect a staff reduction to a considerable extent and close the sites in Mainz and Imola (Italy). Together with further measures for cost and risk reduction the Company assumes that it will be possible to raise the liquidity required in future without short-term credit financing by banks. COLEXON Energy AG is still aiming at participating in a future growth of the photovoltaic sector. COLEXON Energy AG The Executive Board COLEXON Energy AG Große Elbstraße 45 22767 Hamburg/Germany Further inquiry note: Friederike Thyssen, Investor Relations COLEXON Energy AG, friederike.thyssen@pvf.de end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: COLEXON Energy AG Große Elbstraße 45 D-22767 Hamburg phone: +49 (0) 40 2800 31 0 FAX: +49 (0) 40 2800 31 101 mail: info@colexon.de WWW: http://www.colexon.de sector: Energy ISIN: DE0005250708 indexes: CDAX, Prime All Share stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin, Stuttgart, Düsseldorf, München language: English
Original content of: 7C Solarparken AG, transmitted by news aktuell