Issue of Equity
01 9월 2010 - 4:32PM
UK Regulatory
TIDMSOLA
RENESOLA LTD
ISSUE OF EQUITY
ReneSola Ltd ("ReneSola" or the "Company") (NYSE: SOL) (AIM: SOLA), a leading
global manufacturer of solar wafers and producer of solar power products based
in China, has issued 831,000 shares at a price of US$2.565 per share (US$5.13
per American depositary share) pursuant to the Company's Share Incentive Plan.
Admission of the new shares to trading on AIM is expected to occur on
6 September 2010.
In addition, ReneSola confirms that it has cancelled its block listing facility
which was set up in March 2007. The block listing facility was set up in
respect of 10,485,683 shares which may have been issued pursuant to a
convertible bond that was issued by the Company on 21 March 2007. No shares
have been admitted to AIM under the block listing facility and it has been
cancelled in its entirety.
Following the issue of the new shares there are 173,576,912 shares in issue.
For investors and media inquiries, please contact:
In China
ReneSola Ltd +86 573 8477 3903
Ms. Feng Qi feng.qi@renesola.com
Ogilvy Financial, Beijing +86 10 8520 6284
Mr. Derek Mitchell derek.mitchell@ogilvy.com
In the United States
Ogilvy Financial, New York +1 646 460 9989
Ms. Jessica Barist Cohen jessica.cohen@ogilvypr.com
In the United Kingdom
Westhouse Securities Limited +44 20 7601 6100
Mr. Tim Feather / Mr. Richard Baty tim.feather@westhousesecurities.com
richard.baty@westhousesecurities.com
END
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