- 06.08.2009, 15:03:19
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- OTS0151 OTW0151
EANS-Adhoc: Solar-Fabrik Aktiengesellschaft für Produktion und Vertrieb von solartechnischen Produkten / Solar-Fabrik AG sells Wafer Preparation Division
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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.
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06.08.2009
Freiburg, August 6, 2009 - Effective August 6, 2009, Solar-Fabrik AG has sold
its 80 percent holding in Solar-Fabrik Silicon Services Ltd. (SFSS), which
itself holds 100 percent of the shares in Poseidon Solar Services Pte. Ltd..
Solar-Fabrik has thus left the field of wafer preparation to focus all of its
attention on its core business of solar power modules and systems. The
business prospects for the Wafer Preparation Division continued to worsen
over the past three quarters. At present, there is a surplus supply of
silicon; as a result, recovered silicon is no longer in demand. In the
interim financial report for Q2 2009, 3.850 million euros have therefore
been written off of the Group's assets from this sale. In return,
Solar-Fabrik AG has received cash in the amount of around 900,000 euros
from the sale.
Further inquiry note:
Investor Relations
Tel.: +49 (0)761 - 4000 0
E-Mail: investor@solar-fabrik.de
end of announcement euro adhoc
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emitter: Solar-Fabrik Aktiengesellschaft für Produktion und Vertrieb von solartechnischen Produkten Munzinger Str. 10 D-79111 Freiburg phone: +49(0)761 4000 0 FAX: +49(0)761 4000 199 mail: info@solar-fabrik.de WWW: http://www.solar-fabrik.de sector: Alternative energy ISIN: DE0006614712 indexes: stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin, Stuttgart, Düsseldorf, München language: English
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