Herlev, 11 August 2011
Company Announcement No. 24/2011
Greentech Energy Systems A/S publishes a prospectus in connection with a directed offering of a total of 53,722,347 new shares of DKK 5 nominal value each at a price of DKK 18.85 per share
Today, Greentech Energy Systems A/S ("Greentech" or the "Company”) publishes a prospectus in connection with an offering of a total of 53.722.347 new shares of DKK 5 nominal value each at a price of DKK 18.85 per share (the "Offering"). The Offering is a directed offering to GWM Renewable Energy II S.p.A. ("GWM RE") who pursuant to a contribution agreement entered into between GWM RE and the Company on 5 May 2011 (see company announcement no. 11/2011) has undertaken to subscribe the total Offering. As payment in kind to the Company, GWM RE will contribute values of a total of EUR 135,793,472 consisting of the entire share capital in the Italian company GWM Renewable Energy S.p.A. and a 50.03% stake in the Spanish company Global Litator S.L., respectively (the "Transferred Stakes" and the "Transaction").
