Conergy AG
Conergy AG: Agreement with Former Members of the Management Board and the D&O-Insurance AIG as well as with Investor Plaintiffs
Conergy AG / Key word(s): Scheme of Arrangement 30.04.2013 22:30 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Agreement with Former Members of the Management Board and the D&O-Insurance AIG as well as with Investor Plaintiffs Hamburg, 30 April 2013 - Today Conergy AG has entered into a settlement agreement with former members of the management board Hans-Martin Rüter, Albert Edelmann, Nikolaus Krane, Christian Langen, Heiko Piossek and Dr. Edmund Stassen as well as with the D&O insurance AIG Europe Limited, Direktion für Deutschland. Under the settlement, resolving disputes over potential damage claims, Conergy AG shall receive a settlement payment in the amount of EUR 6,315,000. This settlement agreement is subject to the approval of the next general meeting of Conergy AG. Furthermore, Conergy AG has entered into settlement agreements with the parties of the test case (Musterverfahren) regarding the profit warning in October 2007. The payments in favour of the investor plaintiffs shall be settled using part of the settlement payment to be paid to Conergy AG. The settlement agreements with the parties of the test case are subject to the settlement agreement with the former members of the management board and the D&O insurance becoming effective. Contact: Christoph Marx Head of Investor Relations Conergy AG Anckelmannsplatz 1 20537 Hamburg Germany T +49 40 271 42 - 1634 F +49 40 271 42 - 1639 30.04.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Conergy AG Anckelmannsplatz 1 20537 Hamburg Germany Phone: +49 (0)40 27 142-1000 Fax: +49 (0)40 27 142-1100 E-mail: info@conergy.de Internet: www.conergy.de ISIN: DE000A1KRCK4 WKN: A1KRCK Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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