Heliocentris Energy Solutions AG successfully raised EUR 4.2 million

  • 683.300 new shares successfully placed at EUR 5.0
  • Additionally EUR 0.8 million convertible bond converted into equity

Heliocentris Energy Solutions AG (ISIN DE000A1MMHE3) announces the successful conclusion of its recent EUR 3.4 million cash capital increase. This capital increase has just been placed successfully based on the authorized capital and the exclusion of subscription rights as resolved by the Management Board on November 20, 2014 and approved by the Supervisory Board as of November 21, 2014.

The private placement comprised a total of 683.300 shares issued at a price of EUR 5.0 which lead to gross proceeds of EUR 3.4 million. Approximately 70 % of the shares were subscribed by strategic partners of the company. The success of the private placement underlines the positive business performance in 2014 and shows the long-term commitment of the existing shareholders. In addition, also by winning new institutional investors Heliocentris increased its free float further.

The share capital will increase from 9,757,124 to 10,600,424 shares, divided in the equal amount of par value registered shares, as a result of the new shares issued for a mandatory convertible bond of EUR 800,000 into 160,000 shares, issued in September 2014 as bridge finance and after the registration of the capital increase as above in the commercial register. The new shares carry dividend rights from 1 January 2014.

Ayad Abul-Ella, CEO of Heliocentris Energy Solutions AG: "We are on a growth track. The successful capital increase underlines the continuous trust and confidence of our investors in the Heliocentris technology and our team. It provides us more flexibility and stability for the implementation of our growth objectives".

About Heliocentris Energy Solutions AG
Heliocentris Energy Solutions AG is a leading technology provider of hybrid power solutions and managed power Services Company for energy efficiency solutions and services in the field of distributed power for global customers in the fields of information and communication technology, education and applied research. Heliocentris' energy management systems creates intelligently controlled, reliable and high-efficiency hybrid energy solutions from diverse components such as batteries, photovoltaic modules, conventional diesel generators and fuel cells. The solutions reduce CO2 emissions by an average of more than 50% and operating costs by an average of more than 60% compared to conventional energy solutions for mobile telecommunications base stations. Heliocentris' fuel cell systems ensure best in class uninterrupted power supply to critical infrastructure such as tetra base stations, back-bone sites in mobile networks and server stations. The Company employs around 180 people and is headquartered in Berlin with offices in Munich, Stuttgart, Dubai, Kuala Lumpur, Vancouver and Johannesburg. Heliocentris AG's shares are traded in the Entry Standard of the Frankfurt Stock Exchange under the security identification number (A1MMHE).
Further information is available at www.heliocentris.com.

Press Contact
Heliocentris Energy Solutions AG
Doris Busche
Corporate Communications
+49 89 2000 414-440
Doris.Busche@Heliocentris.com

Disclaimer This press release contains forward-looking statements that are based on current assumptions and forecasts of the management of Heliocentris Energy Solutions AG. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forward-looking statements or to conform them to future events or developments. The information in this press release does not constitute an offer of securities for sale or a solicitation of an offer to purchase securities in the United States or any other country.