• 02.07.2010, 14:50:33
  • /
  • OTE0009

EANS-News: SOLON SE's rights issue successfully completed

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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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Berlin (euro adhoc) - Berlin, July 2, 2010: SOLON SE has successfully completed
the rights issue for cash that it announced on June 8 this year. It issued the
4,694,836 new shares, which represent 37 percent of its share capital, at a
price of EUR4.26 each. The rights issue utilized part of the Company's
authorized capital and provided shareholders with preemption rights on the basis
of three for eight.

The rights issue came into effect when it was entered in the commercial register
on June 10, 2010. The new shares were admitted to trading on the Berlin and
Frankfurt stock exchanges on June 29, 2010 and are due to be included in the
existing listing on the Berlin and Frankfurt stock exchanges today, July 2,
2010. The new shares will be transferred to the custodian banks on July 5, 2010.

Now that the rights issue has been completed, SOLON SE's share capital amounts
to EUR17,225,032.00 and is divided into 17,225,032 no-par-value bearer shares.
The Company has generated gross proceeds of EUR20 million from the rights issue.
These proceeds will be used to expand the Company's sales activities and improve
its capital adequacy.

About SOLON SE:
SOLON SE is one of the largest manufacturers of solar modules in Europe as well
as a supplier of solar system technology for large-scale rooftop and greenfield
installations. The SOLON Group has subsidiaries in Germany, Austria, Italy,
Switzerland, and the U.S. and employs some 900 people worldwide. SOLON´s core
business is producing solar modules and photovoltaic systems along with planning
and constructing large rooftop installations and turnkey solar power plants all
over the world.

Further inquiry note:
SOLON SE
Therese Raatz
Investor Relations
Tel.: +49 (0)30 818 799 305
Fax: +49 (0)30 818 799 300
Email: [email protected]
end of announcement euro adhoc
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issuer: SOLON SE
Am Studio 16
D-12489 Berlin
phone: +49 30 818 79-9305
FAX: +49 30 818 79-9300
mail: [email protected]
WWW: www.solon.com
sector: Energy
ISIN: DE0007471195
indexes: Midcap Market Index, CDAX, HDAX, Technology All Share, GEX, ÖkoDAX
stockmarkets: regulated dealing/prime standard: Frankfurt, regulated dealing:
Berlin, Hamburg, Stuttgart, Düsseldorf, München
language: English

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