Ad-hoc Announcements

All published ad hoc reports are available on this website for the duration of at least five years.


 

Announcement published 22.06.2022 (09:18 p.m.)

Reorganisation of the Managing Board

After in-depth consultation, the Supervisory Board of ABO Wind AG has initiated a comprehensive reorganisation of the company’s Managing Board today. The company's founders and long-standing Managing Directors, Dr Jochen Ahn and Matthias Bockholt, whose families each hold around 26 percent of the company’s shares, announced their intention to step down as Managing Directors within the next three years, and then to join the Supervisory Board.

As early as August 1, 2022, three additional and experienced members will join the ABO Wind Managing Board. The Supervisory Board has decided today to negotiate Managing Board contracts with Susanne von Mutius, Matthias Hollmann, and Alexander Reinicke and to conclude them in the next few weeks. All three have been working for ABO Wind for ten or more years. Currently, they are General Managers of central business areas within the company: Susanne von Mutius is responsible for Project Financing and Sales in several core markets. Matthias Hollmann is in charge of the technical departments (Civil and Electrical Engineering, Site Assessment) as well as the Purchasing of wind turbines, solar modules and components. Alexander Reinicke is responsible for Corporate Finance, Controlling and Human Resources as well as Accounting and Administration. The three future Managing Directors thus will add important competencies to the Board. The aim is to ensure the continuity of the successful business development beyond the medium-term retirement of the company’s founders. As announced, the current Chairman Andreas Höllinger will leave the Managing Board prematurely on 31 July 2022, so the Board will grow to six members. In future, Dr Karsten Schlageter will serve as spokesperson of the Managing Board.

 


 

Announcement published 11.03.2022 (12.04 a.m.)

Task of Chairman of the Board Andreas Höllinger ends prematurely on 31 July 2022

The Supervisory Board of ABO Wind AG and Chairman of the Board Andreas Höllinger today mutually agreed to terminate the Managing Board position Mr. Höllinger held until 31 July 2023 prematurely as of 31 July 2022 due to differing views on future strategic orientations of the company. 

 


 

Announcement published 11.11.2020 (3.28 p.m.)

ABO Wind AG plans capital increase excluding shareholders' subscription rights

Publication of inside information according to Article 17 MAR of Regulation (EU) No 596/2014
Not for distribution in the US, Canada, Japan and Australia.

Wiesbaden (11. November 2020) - Based on a market assessment obtained today, the Managing Board of ABO Wind AG (ISIN DE0005760029) is planning to implement a capital increase by partially using the existing 2020 authorised capital, excluding shareholders' subscription rights. It is expected that up to 550,000 new shares will be placed with selected qualified investors in a private placement. Taking into account the current market price of the company shares and assuming that the shares are fully placed, the Managing Board anticipates gross issue proceeds of around 16 million euros. These will be used primarily to finance the development and construction of new international wind and solar parks.
In the coming days, the Managing Board will determine further details of the implementation of the capital increase. The Supervisory Board has not yet given its approval for the capital increase.
ABO Wind Aktiengesellschaft
The Managing Board
Communicating company:
ABO Wind Aktiengesellschaft, Unter den Eichen 7, 65195 Wiesbaden, Germany
ISIN DE0005760029, Open Market (Market Segment m:access) of the Munich Stock Exchange
Contact / Communication person:
Alexander Koffka
Phone: +49 (0)611 267 65-515
Fax: +49 611 267 65-599
EMail: alexander.koffka@abo-wind.de

Important notes
This announcement is for information purposes only and does not constitute an offer to buy, sell, exchange or transfer any securities or a solicitation of an offer to purchase securities of ABO Wind AG in the United States of America or any other jurisdiction. The securities of ABO Wind AG mentioned herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States of America absent registration under the Securities Act or an applicable exemption from the registration requirements of the Securities Act. Neither ABO Wind AG nor any other party to the transaction intends to register any securities described herein under the Securities Act or with any securities regulators of any state or other jurisdiction in the United States of America in connection with this announcement. The securities may not be offered in any jurisdiction in circumstances which would require the preparation or registration of a prospectus or offering circular in relation to the securities in that jurisdiction.
In the United Kingdom, this information may only be forwarded and is only directed at (i) professional investors according to Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"), as amended, or (ii) high net worth companies according to Article 49(2)(a) to (d) of the Order (all such persons together being referred to herein as "Relevant Persons"). The securities are only available to Relevant Persons and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with Relevant Persons. Any person who is not a Relevant Person should not act or rely on this announcement or any of its contents.
The securities referred to in this announcement may not be sold or offered for sale in Australia, Canada or Japan or to or for the account or benefit of persons resident or domiciled in Australia, Canada or Japan.
Neither ABO Wind AG nor any of its affiliates have taken any steps that would permit a public offering of the securities or the possession or distribution of this announcement or any other offer or advertising material in connection with these securities in any jurisdiction where such actions are required. In Member States of the European Economic Area ("EEA") where Regulation (EU) 2017/1129 as amended ("Prospectus Regulation") applies (the "Relevant Member States"), this communication and any subsequent offer is only addressed to persons who are "qualified investors" within the meaning of Article 2(e) of the Prospectus Regulation ("Qualified Investors"). Any person in the Relevant Member States who acquires or is offered securities in an offer of securities (an 'Investor') is deemed to have represented and agreed to be a Qualified Investor. Each investor will also be deemed to have represented and agreed that the securities acquired by it in the offering will not be acquired for persons in the EEA other than Qualified Investors or persons in the United Kingdom or other Member States (with equivalent legislation) for whom the investor has discretionary power to make decisions and that the securities have not been acquired for offer or resale in the EEA if this would result in an obligation for ABO Wind AG or any of its affiliates to publish a prospectus according to Article 3 of the Prospectus Regulation.
This release contains forward-looking statements that are subject to certain risks and uncertainties. Future results could differ materially from those currently anticipated due to various risk factors and uncertainties, including changes in business, economic and competitive conditions, foreign exchange rate fluctuations, uncertainties in litigation or investigative proceedings, and the availability of financing. ABO Wind AG assumes no responsibility to update the forward-looking statements contained in this release.


 

Announcement published 22.7.2020 (5.57 p.m.) 

ABO Wind AG: Managing Board decides to increase capital up to nominally EUR 200,000

Today, the ABO Wind Managing Board has decided on a capital increase of up to nominally EUR 200,000 to up to EUR 8,670,893 by issuing up to 200,000 new shares from the company's Authorized Capital 2019. The decision is subject to approval by the Supervisory Board. The new shares are to be offered in a private placement, without subscription rights for shareholders, to investors selected at short notice at a price of EUR 20.40 per new share. The new shares are entitled to dividends from the current 2020 financial year. The expected issue proceeds of up to approximately four million euros will be used to pre-finance the development costs of future wind farms and solar parks in currently 16 countries worldwide.

 


 

At the end of March 2020, the Munich Stock Exchange admitted the ABO Wind share to trading on the open market. ABO Wind is now listed in the medium-sized segment m:access. Accordingly, ABO Wind is now obligated to publish ad-hoc announcements in accordance with the rules of the European Market Abuse Regulation (MAR). An ad-hoc announcement contains facts which are intended for immediate publication and which are likely to have a significant impact on the share price.

All published ad hoc reports are available on this website for the duration of at least five years.

 

Contact

Alexander Koffka

Alexander Koffka

Tel. +49 611 267 65-515
Fax +49 611 267 65-599
presse(at)abo-wind.de

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