DGAP-News

Solarpark Blautal GmbH as potential new investor and majority shareholder of centrotherm photovoltaics AG

DGAP-News: centrotherm photovoltaics AG / Key word(s): Miscellaneous
Solarpark Blautal GmbH as potential new investor and majority shareholder of
centrotherm photovoltaics AG

14.12.2015 / 18:11
The issuer is solely responsible for the content of this announcement.

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Solarpark Blautal GmbH as potential new investor and majority shareholder
of centrotherm photovoltaics AG
- Purchase agreement concluded concerning acquisition of 80% interest in
centrotherm photovoltaics by Solarpark Blautal GmbH

- Execution of purchase agreement still depends on conditions

- Company co-founder Robert M. Hartung to remain invested

- Retention of location and further diversification

Blaubeuren, December 14, 2015 - Sol Futura Verwaltungsgesellschaft mbH has
concluded an agreement concerning the disposal of its entire 80% interest
in centrotherm photovoltaics AG. Solarpark Blautal GmbH, Blaubeuren, is the
acquirer of the interest. This company's shareholders comprise centrotherm
co-founder Robert M. Hartung as well as an international strategic
investor. Following the execution of the purchase agreement, which still
depends on conditions being met, Solarpark Blautal will hold 90% of the
shares in centrotherm photovoltaics AG, including the shares of TCH. The
purchase agreement is anticipated to be executed by the end of the first
quarter of 2016 at the latest. The shares in Swabia-based technology and
systems supplier centrotherm will then transfer from Sol Futura to the new
owner. centrotherm co-founder Robert M. Hartung and an international
strategic investor will then hold a qualified majority of the shares in
centrotherm photovoltaics AG via Solarpark Blautal.

The employees have been informed about the transaction at an employee
meeting held today. Robert M. Hartung comments as follows on the
forthcoming transaction: "As co-founder of centrotherm photovoltaics AG, I
have always felt committed to the company, and to finding a further
investor for it. We have managed to acquire an international strategic
investor as a co-shareholder, and I am convinced that together we can
provide important impulses for the company's future."

CEO Hans Autenrieth adds: "We are happy that the new investor
re-establishes a good deal of clarity and confidence in centrotherm's
future - especially for our employees, but also for our customers, business
partners and our shareholders."

Negotiated financing agreement and forthcoming fulfillment of the
insolvency plan
The Management Board of centrotherm photovoltaic AG has negotiated a
financing agreement to secure the company's financing after the disposal of