PNE WIND AG / Key word(s): Corporate Action 01.10.2014 18:01 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ad hoc information from PNE WIND AG (ISIN: DE000A0JBPG2) in accordance with § 15 WpHG (German Securities Trading Law) PNE WIND AG secures approx. EUR 40.0 million in funds to finance a Yieldco with placement of capital increase (83.59%) and convertible bond (16.41%) Cuxhaven, October 1, 2014 - The wind farm project developer PNE WIND AG closes the capital measures resolved on September 11, 2014 by means of a capital increase and the issuance of a convertible bond. In total, 13,931,195 new shares (corresponding to approx. 61.10% of the total shares offered) were placed with existing shareholders and new investors at a price of EUR 2.40 per share. In addition, convertible bonds totaling a nominal value of EUR 6,565,132.20 were placed (corresponding to approx. 25.67% of the total convertible bonds offered). PNE WIND AG will receive total gross proceeds amounting to approx. EUR 40,000,000 from the above capital measures. With the proceeds, PNE WIND AG has secured the capital needed to implement the planned strategic expansion of its business model. The Company intends to bundle completed wind farms with approx. 150 MW of nominal capacity in a new subsidiary (called Yieldco) with the intention to sell this new company in part or completely to investors by the end of 2016. The planned sale represents an additional earning potential for the Company. The capital measures were completed together with Close Brothers Seydler Bank AG, Frankfurt am Main as Sole Global Coordinator and Sole Bookrunner and Blättchen Financial Advisory GmbH as Financial advisor. Contact: Contact: PNE WIND AG Rainer Heinsohn Head of Corporate Communication Tel: +49(0) 47 21 - 7 18 - 453 Fax: +49(0) 47 21 - 7 18 - 373 E-mail: Rainer.Heinsohn@pnewind.com PNE WIND AG Investor Relations Scott McCollister Tel: +49(0) 47 21 - 7 18 - 454 Fax: +49(0) 47 21 - 7 18 - 373 E-mail: Scott.McCollister@pnewind.com Investor Relations cometis AG Ulrich Wiehle / Janis Blaum Tel: +49(0) 611 - 205855-64 Fax: +49(0) 611 - 205855-66 E-mail: blaum@cometis.de 01.10.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: PNE WIND AG Peter-Henlein-StraÃe 2-4 27472 Cuxhaven Germany Phone: 04721 / 718 - 06 Fax: 04721 / 718 - 200 E-mail: info@pnewind.com Internet: http://www.pnewind.com ISIN: DE000A0JBPG2, DE000A0B9VG7, , DE000A1EMCW3, , DE000A0Z1MR2, , DE000A1R0741 WKN: A0JBPG, A0B9VG, , A1EMCW, , A0Z1MR, , A1R074 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: PNE WIND AG secures approx. EUR 40.0 million in
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