The acquisition of shares in Sunways AG (SWW:GR, SWWG.DE,
ISIN DE0007332207) by LDK Solar Co., Ltd. (LDK:US, LDK.N,
ISIN US50183L1070) has been completed. At the end of the
additional acceptance period as of 12 April, the voluntary
public takeover offer submitted by LDK Solar Germany
Holding GmbH was accepted with respect to a total of
6,527,282 non-par value shares to bearer in Sunways AG.
Previously, the LDK Solar Group had already acquired 5.79
million shares or about 33 percent of the increased share
capital of Sunways AG via its German group company in the
context of a capital increase. Thus LDK Solar now holds a
total of approximately 70.88 percent of the share capital
of Sunways AG. Upon completion of the takeover offer, there
are no other shareholders holding a reportable interest
(more than 3 percent).
LDK Solar Germany Holding GmbH is an indirect subsidiary of
LDK Solar Co., Ltd., one of the ten largest photovoltaics
companies in the world in terms of sales. As the world's
largest fully integrated manufacturer of silicon, wafers,
solar cells and solar modules, LDK Solar has supplied raw
materials to Sunways AG for many years and, moreover,
entered into a cooperation arrangement with the company for
the production of Sunways solar modules in 2009.