CHORUS Clean Energy AG, DE000A12UL56

CHORUS Clean Energy AG, DE000A12UL56

08.03.2017 - 12:22:07

CHORUS Clean Energy AG: Request of the main shareholder to implement a squeeze-out procedure

Disclosure of inside information according to Article 17 MAR

CHORUS Clean Energy AG: Request of the main shareholder to implement a squeeze-out procedure

Neubiberg/Munich, March 8, 2017 - The Management Board of CHORUS Clean Energy AG (ISIN: DE000A12UL56 / WKN A12UL5) has received the formal request of the major shareholder Capital Stage AG (ISIN DE0006095003 / WKN 609500) in Hamburg that the shareholders' meeting of CHORUS Clean Energy AG shall decide on the transfer of the shares of the remaining minority shareholders to Capital Stage AG in exchange for an adequate cash compensation (squeezeout request).

Capital Stage AG owns - according to its own information - shares representing 95 per cent of the share capital of CHORUS Clean Energy AG. Therefore, Capital Stage AG is majority shareholder according to Sec. 327a para. 1 sentence 1 of the German Stock Corporation Act. The transfer resolution is to be adopted in the next ordinary general shareholders' meeting of CHORUS Clean Energy AG that will presumably be held mid-June 2017.

Capital Stage AG will inform CHORUS Clean Energy AG in writing of the concrete amount of the adequate cash compensation following its determination.

Information and Explanation of the Issuer to this News:

About CHORUS The CHORUS Group was founded in 1998 and operates 95 solar and wind parks with a capacity of more than 530 megawatts in seven European countries. With a broadly diversified portfolio, the company generates stable, dependable, and sustainable returns. For professional investors, CHORUS offers investment opportunities in power plants that generate renewable energy. CHORUS Clean Energy AG covers the entire investment cycle - from asset sourcing via financial and legal due diligence to operations and divestment.

In 2016, the SDAX-listed Capital Stage AG, Hamburg, made a voluntary public takeover bid for all shares of CHORUS Clean Energy AG and acquired more than 94 per cent of the company's shares. The Capital Stage Group jointly operates solar power stations and wind parks in Germany, France, Finland, Great Britain, Italy, Austria and Sweden with a total power generation capacity of more than 1.2 Gigawatt.

Contact: Investor Relations CHORUS Clean Energy AG Tel.: +49 (0) 89 / 442 30 60 - 0 Fax: +49 (0) 89 / 442 30 60 - 11 E-Mail:

08-March-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at

Language: English

Company: CHORUS Clean Energy AG Prof.-Messerschmitt-Straße 3 85579 Neubiberg / Munich

Germany Phone: +49 (0)89 442 30 60 - 0 Fax: +49 (0)89 442 30 60 - 11 E-mail: Internet: ISIN: DE000A12UL56 WKN: A12UL5 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange   End of Announcement DGAP News Service

551715  08-March-2017 CET/CEST


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