ZWANENBURG, the Netherlands–(Business Wire)–
3W Power Holdings (Amsterdam:3WP) (3WP, ISIN GG00B39QCR01, WKN A0Q5SX) is the
holding company of AEG Power Solutions, a global player in power electronics.
3WPower Holdings/AEG Power Solutions has commissioned Close Brothers Seydler
Bank AG as designated sponsor for its shares. The leading German bank for this
task will therefore guarantee the liquidity required for continuous Xetra
trading (the electronic trading system of Deutsche Börse AG) of 3W Power
Holdings shares. Tradability was therefore increased from once a day, “one
auction only”, to the entire trading period of the Xetra system. Investors are
now able to continuously trade their shares in Xetra. This change is intended to
increase the share`s liquidity and create efficient trading conditions for all
existing and potential shareholders.
Designated sponsors supply the electronic trading system Xetra with additional
liquidity by providing quotes for any shares within their responsibility during
continuous trading and auctions.
Commissioning a designated sponsor is another step for 3WPower Holdings/AEG
Power Solutions towards realizing a change of the listing from Open Market to
the segment Prime Standard at Frankfurt Stock Exchange. In the second half of
2010, the company`s shares shall be authorized for a listing in the Prime
Standard in Frankfurt. The company is already listed on the Euronext in
About AEG Power Solutions
AEG Power Solutions is a world leading provider of premium power electronics. It
offers one of the world`s most comprehensive product and service portfolios in
power conversion and control, for customers spanning the infrastructure markets
of energy, telecom, lighting, transportation and general industrial sectors.
System solutions from AEG PS are designed to interface with the electrical power
grid and to offer power solutions for mission-critical applications in harsh
environments, such as power plants, offshore oil rigs, chemical refineries, and
utility-scale renewable energy plants. Since 2005, the company has developed a
full range of products for the solar energy industry, from solar inverters to
turnkey solutions. The company is investing in solutions that will enable
distributed power generation and smart micro-grids.
Renowned for engineering excellence, the company`s customers benefit from over a
century of expertise and field proven products under the AEG PS, Harmer &
Simmons, and Saft Power Systems brands.
Headquartered near Amsterdam, AEG PS generated revenue of €400 million in 2009
with more than 1,500 employees around the world.
AEG Power Solutions became a public company in 2009 following a business
combination with 3W Power Holdings Ltd. (formerly Germany1 Acquisition Ltd).
Shares in the combined company are listed on Euronext Amsterdam (ticker: 3WP).
For more information: www.aegps.com
This communication does not constitute an offer or the solicitation of an offer
to buy, sell or exchange any securities of 3W Power. This communication contains
forward-looking statements which include, inter alia, statements expressing our
expectations, intentions, projections, estimates, and assumptions.These
forward-looking statements are based on the reasonable evaluation and opinion of
the management but are subject to risks and uncertainties which are beyond the
control of 3W Power and, as a general rule, difficult to predict. The management
and the company cannot and do not, under any circumstances, guarantee future
results or performance of 3W Power and the actual results of 3W Power may
materially differ from the information expressed or implied in the
forward-looking statements. As a result, investors are cautioned against relying
on the forward-looking statements contained herein as a basis for their
investment decisions regarding 3W Power.
3W Power undertakes no obligation to update or revise any forward-looking
statement contained herein.
Tel: + 33 (0)6 19 60 91 64
or + 33 (0)1 55 51 10 76
Lorie Lichtlen / Robert Ba
Tel: +33 (0)1 41 86 76 76
firstname.lastname@example.org / email@example.com
Tel: +44(0) 77 91 129 053
or +31(0) 61 09 75 830
Tel: +49 (0)40 32 02 79 10
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