DGAP-News: European CleanTech I SE publishes details regarding additional consideration to support the business combination – Supplement to proxy statement published

DGAP-News: European CleanTech 1 S.E. / Schlagwort(e): Fusionen&Übernahmen
European CleanTech I SE publishes details regarding additional
consideration to support the business combination – Supplement to
proxy statement published

18.09.2012 / 17:40

———————————————————————

Luxembourg, September 18, 2012 – European CleanTech I SE (ECT I), a Special
Purpose Acquisition Company (SPAC) listed on the regulated market of the
Frankfurt Stock Exchange (Prime Standard), announced today that its
shareholder European CleanTech I Holding S.àr.l. has decided to offer to
all public shareholders of ECT I that registered for the upcoming
extraordinary general shareholders– meeting scheduled for September 28,
2012, a certain number of class B shares as consideration for their support
of the planned business combination of ECT I with the Electrawinds Group to
be approved in such shareholders– meeting. In addition, several third
party investors have indicated to ECT I their potential willingness to
acquire a certain number of public shares from shareholders that tendered
their shares for redemption by ECT I against payment of the redemption
price (within the meaning of article 17 of the articles of association of
ECT I).
Details of the offer of European CleanTech I Holding S.àr.l. and the terms
of a potential acquisition of public shares by third party investors are
described in a supplement to the proxy statement of May 2, 2012 published
today by ECT I, which is available on ECT I–s website under www.ectse.com.

European CleanTech I SE
European CleanTech I SE is a Special Purpose Acquisition Company (SPAC),
which was founded with the sole objective to purchase a company operating
in the cleantech sector with main operations in the European eco-nomic
area. Within the context of the IPO in October 2010, ECT I raised EUR 115
million from institutional inves-tors and has been listed since then in the
regulated market (Prime Standard) of the Frankfurter Stock Exchange. ECT I
has 24 months after the IPO to complete a business combination. The company
has its headquarters in Luxembourg. Main sponsors are Dr. Helmut Vorndran
and Willi Mannheims, both supervisory board members of ECT I and managing
partners of Vorndran Mannheims Capital Partners, a private equity fund
focused on the cleantech sector. www.ectse.com

Ende der Corporate News

———————————————————————

18.09.2012 Veröffentlichung einer Corporate News/Finanznachricht,übermittelt durch die DGAP – ein Unternehmen der EquityStory AG.
Für den Inhalt der Mitteilung ist der Emittent / Herausgeber
verantwortlich.

Die DGAP Distributionsservices umfassen gesetzliche Meldepflichten,
Corporate News/Finanznachrichten und Pressemitteilungen.
Medienarchiv unter http://www.dgap-medientreff.de und
http://www.dgap.de

———————————————————————

Sprache: Deutsch
Unternehmen: European CleanTech 1 S.E.
40, Avenue Monterey
2163 Luxembourg
Großherzogtum Luxemburg
Telefon: +352 27 449878
Fax: +352 27 449879
E-Mail: info@ectse.com
Internet: www.ectse.com
ISIN: LU0538936351, LU0538952044
WKN: A1C4HF, A1E016
Börsen: Regulierter Markt in Frankfurt (Prime Standard)

Ende der Mitteilung DGAP News-Service
———————————————————————
185688 18.09.2012

  european-cleantech-i-se-publishes-details-regarding-additional-consideration-to-support-the-business-combination-supplement-to-proxy-statement-published