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PRESS INFORMATION
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ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
the content of this announcement.
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companies
Hamburg (euro adhoc) - Hamburg, 28 February 2007. Today, Suzlon
Windenergie GmbH delivered the offer document regarding the
acquisition of the shares of REpower Systems AG (WKN 617703). On 9
February Suzlon proposed its counteroffer to the takeover bid from
French AREVA S.A., which was published on 5 February 2007.
As the offer is now available, a meeting between Suzlon´s chairman
Tulsi Tanti and REpower´s board of directors in Hamburg is scheduled
for this Friday, 2 March 2007.
"The meeting gives us the chance to now discuss the plans regarding
our company announced by Suzlon personally. The offer itself will be
investigated by the board in the next few days, so that we will soon
be able to publish a reasoned opinion", REpower´s CEO Prof. Dr. Fritz
Vahrenholt comments.
The offer of Suzlon Windenergie GmbH - a joint venture between the
Indian wind turbine manufacturer Suzlon Energy Ltd. and the
Portuguese steel and metal building company Martifer - provides a
takeover price of EUR 126.00 per share (equalling a total value of
EUR 1.02 billion).
About REpower:
REpower Systems AG is one of the leading manufacturers of onshore and
offshore wind turbines. The international engineering company
develops, produces and sells wind turbines with outputs ranging from
1.5 to 5 megawatts and rotor diameters of 70 to 126 metres for almost
all locations. It also provides a comprehensive service and
maintenance range. The high performance, reliable turbines are
designed at the REpower development centre in Rendsburg and produced
at the sites in Husum (North Frisia) and Trampe (Brandenburg).
Listed on the stock exchange since March 2002 and with around 880
employees worldwide, the Hamburg-based company relies on its
experience in the production and installation of more than 1,500 wind
turbines worldwide. REpower is represented in European markets such
as France, the United Kingdom, Italy, Portugal and Spain and in the
international markets of Japan, China and Australia through its sales
partners, subsidiaries and investments.
Contacts:
|REpower Systems AG | |
|Daniela Puttenat |Thomas Schnorrenberg |
|Corporate Communications & |Investor Relations |
|Public Relations | |
|Phone:+49 - 40 - 53 93 07- 14 |Phone:+49 - 40 - 53 93 07- 23 |
|Fax.: +49 - 40 - 53 93 07- 37 |Fax.: +49 - 40 - 53 93 07- 77 |
|E-mail: d.puttenat@repower.de |E-mail: t.schnorrenberg@repower.de |
end of announcement euro adhoc 28.02.2007 17:35:51
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ots Originaltext: REpower Systems AG
Im Internet recherchierbar: http://www.presseportal.de
Further inquiry note:
Thomas Schnorrenberg
Investor Relations Manager
Telefon: +49(0)40-53930-723
E-Mail: t.schnorrenberg@repower.de
Branche: Alternative energy
ISIN: DE0006177033
WKN: 617703
Index: Prime All Share, CDAX, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade
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