DGAP-News
3W Power/AEG Power Solutions intends to increase its authorized share capital at extraordinary general meeting 2015
DGAP-News: 3W Power S.A. / AEG Power Solutions / Key word(s):
AGM/EGM/Financing
3W Power/AEG Power Solutions intends to increase its authorized share
capital at extraordinary general meeting 2015
05.05.2015 / 12:33
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3W Power/AEG Power Solutions intends to increase its authorized share
capital at extraordinary general meeting 2015
Luxembourg/ Zwanenburg, The Netherlands - May 05, 2015. 3W Power S.A. (ISIN
LU1072910919, 3W9K), the holding company of AEG Power Solutions Group, a
global provider of UPS systems and power electronic solutions for
industrial, commercial, renewable and distributed energy markets, invites
its shareholders to attend its annual general meeting ("AGM") and its
extraordinary general meeting ("EGM") which will both be taking place in
Luxembourg on 19 May 2015. An invitation letter for AGM and EGM has been
sent to all shareholders who are registered in the Company's share
register. The convening notice for both meetings is additionally available
on the Company's website in the section "Investor Relations".
The worldwide growing markets of 3W Power/AEG Power Solutions are in
critical electrical power infrastructure applications like in backup power,
power controls, power conversion and power storage and we serve that
markets based on our state of the art expertise in advanced power
electronics and industry proofed solutions. 3W Power/AEG Power Solutions'
objective is to create a sustainably profitable and cash generative
business to face and to match these opportunities to the benefit of all
stakeholders.
The Company wants to enter into selective initiatives that increase its
footprint for delivering projects and services in key markets where 3W
Power/AEG Power Solutions has opportunities, which are currently not
captured. The Company also sees the need to increase activities in
geographies especially in Asia with additional potential to grow and
develop the business. Thereto the Company needs a degree of flexibility in
its capital structure to meet these objectives and to act as the
opportunities arise.
Additional authorized share capital could allow the Company in potential
situations to take advantage of opportunities. By making carefully selected
investments, the Company may see opportunities to accelerate its cash
generating capability and therefore overall recovery. The planned increase
3W Power/AEG Power Solutions intends to increase its authorized share
capital at extraordinary general meeting 2015
Luxembourg/ Zwanenburg, The Netherlands - May 05, 2015. 3W Power S.A. (ISIN
LU1072910919, 3W9K), the holding company of AEG Power Solutions Group, a
global provider of UPS systems and power electronic solutions for
industrial, commercial, renewable and distributed energy markets, invites
its shareholders to attend its annual general meeting ("AGM") and its
extraordinary general meeting ("EGM") which will both be taking place in
Luxembourg on 19 May 2015. An invitation letter for AGM and EGM has been
sent to all shareholders who are registered in the Company's share
register. The convening notice for both meetings is additionally available
on the Company's website in the section "Investor Relations".
The worldwide growing markets of 3W Power/AEG Power Solutions are in
critical electrical power infrastructure applications like in backup power,
power controls, power conversion and power storage and we serve that
markets based on our state of the art expertise in advanced power
electronics and industry proofed solutions. 3W Power/AEG Power Solutions'
objective is to create a sustainably profitable and cash generative
business to face and to match these opportunities to the benefit of all
stakeholders.
The Company wants to enter into selective initiatives that increase its
footprint for delivering projects and services in key markets where 3W
Power/AEG Power Solutions has opportunities, which are currently not
captured. The Company also sees the need to increase activities in
geographies especially in Asia with additional potential to grow and
develop the business. Thereto the Company needs a degree of flexibility in
its capital structure to meet these objectives and to act as the
opportunities arise.
Additional authorized share capital could allow the Company in potential
situations to take advantage of opportunities. By making carefully selected
investments, the Company may see opportunities to accelerate its cash
generating capability and therefore overall recovery. The planned increase
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