PRESS RELEASE: systaic AG Changes to Prime Standard Segment
26.09.2008
systaic AG / Regulatory Admission
26.09.2008
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.
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? The solar energy company meets international transparency and reporting
standards as of September 30, 2008
? Next logical step in line with the company's growth strategy
Düsseldorf, September 26, 2008. The securities prospectus issued for the
purpose of admitting the shares of systaic AG to the regulated market
(Prime Standard) of the Frankfurt Stock Exchange was authorized by the
Federal Financial Supervisory Authority (BaFin/ Bundesanstalt für
Finanzdienstleistungsaufsicht) today. Thus the necessary preconditions for
the segment change have been created. Trading in stocks of systaic AG on
the regulated market (Prime Standard) of the Frankfurt Stock Exchange will
commence on September 30, 2008. With this change to the regulated market,
the solar company is now subject to extended transparency and reporting
obligations in accordance with international standards. systaic AG's shares
had been listed in the Open Market of the Frankfurt Stock Exchange since
March 21, 2008, and in the Entry Standard segment since July 12, 2007.
The SYSTAIC shares are common bearer stock (WKN: A0JKYP, ISIN DE000A0JKYP6)
with a calculated par value of EUR 1.00 each. The current principal stock
of the company is EUR 8,135,959, divided into 8,135,959 shares.
Heiko Piossek, CFO of systaic AG: 'With this segment change, SYSTAIC is
accounting for its dynamic business development and the growing interest of
the capital market. Our company has shown very successful strategic and
economic development in the Entry Standard of the Frankfurt Stock Exchange.
Therefore, listing in Prime Standard is the next logical step in line with
our growth strategy. This segment change will help to expand SYSTAIC's
presence in the capital market. Furthermore, the increase in transparency
will make our shares even more attractive to investors.'
About systaic AG
Due to the consequent implementation of its strategy, systaic AG belongs to
the fastest growing companies in the sector of renewable energies in
Europe.
The patent-pending integrated system solutions developed for buildings by
SYSTAIC are highly flexible regarding their design and are offered together
with a yield guarantee for over 24 years. The innovative SYSTAIC Energy
Roof won the 'Innovation Award for Architecture and Construction' at the
German construction fair Deubau 2008. This was the third award after the
'Golden Innovation Award for Sustainable Development' and the public prize
'Trophée de l'Innovation'.
The SYSTAIC group produces and markets Europe-wide a new generation of
solar systems that differs significantly from the systems currently
available on the market. The product portfolio is furthermore enhanced by
the offer of comprehensive services. Apart from that, SYSTAIC is currently
the only company worldwide that produces solar solutions for the automobile
industry. The development and installation of solar power plants constitute
further areas of operation. In addition to systaic AG, the SYSTAIC group
comprises the subsidiaries Webasto Solar GmbH, Landsberg, the systaic
Ibérica S.L.U., Barcelona, the systaic France S.A.R.L., Paris, the systaic
Italia S.r.l. as well as the systaic Americas Inc., Carlsbad.
In the first six months of 2008, SYSTAIC succeeded in increasing its group
sales by EUR 11.3 mio. to EUR 69.7 mio. compared to the same period of the
previous year.
Contact:
systaic AG
Achim Zolke, Head of PR
Kasernenstraße 27
40213 Düsseldorf
Germany
Tel. +49 (0) 211 828559-0
Fax . +49 (0) 211 828559-29
a.zolke@systaic.com
www.systaic.com
26.09.2008 Financial News transmitted by DGAP
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systaic AG / Regulatory Admission
26.09.2008
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.
=--------------------------------------------------------------------------
? The solar energy company meets international transparency and reporting
standards as of September 30, 2008
? Next logical step in line with the company's growth strategy
Düsseldorf, September 26, 2008. The securities prospectus issued for the
purpose of admitting the shares of systaic AG to the regulated market
(Prime Standard) of the Frankfurt Stock Exchange was authorized by the
Federal Financial Supervisory Authority (BaFin/ Bundesanstalt für
Finanzdienstleistungsaufsicht) today. Thus the necessary preconditions for
the segment change have been created. Trading in stocks of systaic AG on
the regulated market (Prime Standard) of the Frankfurt Stock Exchange will
commence on September 30, 2008. With this change to the regulated market,
the solar company is now subject to extended transparency and reporting
obligations in accordance with international standards. systaic AG's shares
had been listed in the Open Market of the Frankfurt Stock Exchange since
March 21, 2008, and in the Entry Standard segment since July 12, 2007.
The SYSTAIC shares are common bearer stock (WKN: A0JKYP, ISIN DE000A0JKYP6)
with a calculated par value of EUR 1.00 each. The current principal stock
of the company is EUR 8,135,959, divided into 8,135,959 shares.
Heiko Piossek, CFO of systaic AG: 'With this segment change, SYSTAIC is
accounting for its dynamic business development and the growing interest of
the capital market. Our company has shown very successful strategic and
economic development in the Entry Standard of the Frankfurt Stock Exchange.
Therefore, listing in Prime Standard is the next logical step in line with
our growth strategy. This segment change will help to expand SYSTAIC's
presence in the capital market. Furthermore, the increase in transparency
will make our shares even more attractive to investors.'
About systaic AG
Due to the consequent implementation of its strategy, systaic AG belongs to
the fastest growing companies in the sector of renewable energies in
Europe.
The patent-pending integrated system solutions developed for buildings by
SYSTAIC are highly flexible regarding their design and are offered together
with a yield guarantee for over 24 years. The innovative SYSTAIC Energy
Roof won the 'Innovation Award for Architecture and Construction' at the
German construction fair Deubau 2008. This was the third award after the
'Golden Innovation Award for Sustainable Development' and the public prize
'Trophée de l'Innovation'.
The SYSTAIC group produces and markets Europe-wide a new generation of
solar systems that differs significantly from the systems currently
available on the market. The product portfolio is furthermore enhanced by
the offer of comprehensive services. Apart from that, SYSTAIC is currently
the only company worldwide that produces solar solutions for the automobile
industry. The development and installation of solar power plants constitute
further areas of operation. In addition to systaic AG, the SYSTAIC group
comprises the subsidiaries Webasto Solar GmbH, Landsberg, the systaic
Ibérica S.L.U., Barcelona, the systaic France S.A.R.L., Paris, the systaic
Italia S.r.l. as well as the systaic Americas Inc., Carlsbad.
In the first six months of 2008, SYSTAIC succeeded in increasing its group
sales by EUR 11.3 mio. to EUR 69.7 mio. compared to the same period of the
previous year.
Contact:
systaic AG
Achim Zolke, Head of PR
Kasernenstraße 27
40213 Düsseldorf
Germany
Tel. +49 (0) 211 828559-0
Fax . +49 (0) 211 828559-29
a.zolke@systaic.com
www.systaic.com
26.09.2008 Financial News transmitted by DGAP
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