euro adhoc: Plambeck Neue Energien AG
Capital measures
Plambeck Neue
Energien AG declares buy-back of convertible bonds
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
22.12.2005
Cuxhaven, 22nd December 2005 ? The board of directors and the supervisory board of Plambeck Neue Energien AG (ISIN: DE000A0JBPG2) have declared that they will buy back convertible bonds from the 6% convertible loan 2004/2009 (ISIN: DE000A0AY6F1) for up to 1.5 million euros.
With the target buy-back, which is limited up to 30th December 2005, the liabilities of the company including the interest burden should be reduced. For that, the price level of the convertible bond, which is clearly quoting under its nominal amount at the moment, should be taken advantage of. The buy-back, which should be handled through stock exchange dealings, will be carried out by VEM Aktienbank AG.
end of announcement euro adhoc 22.12.2005 10:05:24
Further inquiry note:
Plambeck Neue Energien AG / Public Relations
Rainer Heinsohn
Tel.: +49(0)4721-718-453
heinsohn@plambeck.de
or Investor Relations
Te..: +49(0)4721-718-455
ir@plambeck.de
Branche: Alternative energy
ISIN: DE000A0JBPGZ
WKN: 691032
Index: Nemax 50
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
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