3W Power S.A. / AEG Power Solutions

  • WKN: A0Q5SX
  • ISIN: GG00B39QCR01
  • Land: Großherzogtum Luxemburg

Nachricht vom 01.06.2012 | 17:10

3W Power S.A. / AEG Power Solutions : Mr. Gerhard Henschel steps down as Chief Financial Officer and Member of the Board of Directors of 3W Power SA


3W Power S.A. / AEG Power Solutions   / Key word(s): Change of Personnel

01.06.2012 17:10

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.

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Luxembourg / Zwanenburg, The Netherlands - June 1, 2012 - Mr. Gerhard
Henschel, Chief Financial Officer of 3W Power SA (the 'Company'), and the
Company have agreed by mutual consent to terminate Mr. Henschel's
employment. This decision will allow Mr. Henschel to pursue other business
and personal interests. His employment will end on 15 June 2012. Mr.
Henschel will continue to support the Company in the short term through a
consulting arrangement he has entered into with the Company. He will also
step down from his position as member of the Board of Directors of the
Company.
Mr. Jeffrey Casper, Executive Vice President, will be appointed as Chief
Financial Officer of the Company with immediate effect.

-- End of Announcement -

About 3W Power/AEG Power Solutions: 

3W Power S.A. (WKN A0Q5SX / ISIN GG00B39QCR01), based in Luxembourg, is the
holding company of AEG Power Solutions Group. The Group is headquartered in
Zwanenburg in the Netherlands. The shares of 3W Power are admitted to
trading on Frankfurt Stock Exchange (ticker symbol: 3W9) and the warrants
are traded on NYSE Euronext, Amsterdam (ticker symbol: 3WPW).

AEG Power Solutions Group is a global provider of power electronic systems
and solutions for all industrial power supplies and offers one of the most
comprehensive product and service portfolios in the area of power
conversion and power controlling. The two complementary operating business
units Renewable Energy Solutions (RES) and Energy Efficiency Solutions
(EES) are serving customers worldwide. The RES product and service
portfolio consists of systems and solutions for solar power plants like
solar inverter, monitoring and control systems as well as power controller.
The EES product and service portfolio includes high performance
uninterruptable power supplies (USPs), industrial power controller and
DC-converter.
Thanks to its distinctive expertise, bridging both AC and DC power
technologies and spanning the worlds of both conventional and renewable
energy, the company creates innovative solutions for smart grids.

AEG PS global footprint is including 17 subsidiaries and competence centers
around the world, employing 1,700 employees.

For more information go to: www.aegps.com

This communication does not constitute an offer or the solicitation of an
offer to buy, sell or exchange any securities of 3W Power. This
communication contains forward-looking statements which include, inter
alia, statements expressing our expectations, intentions, projections,
estimates, and assumptions. These forward-looking statements are based on
the reasonable evaluation and opinion of the management but are subject to
risks and uncertainties which are beyond the control of 3W Power and, as a
general rule, difficult to predict. The management and the company cannot
and do not, under any circumstances, guarantee future results or
performance of 3W Power and the actual results of 3W Power may materially
differ from the information expressed or implied in the forward-looking
statements. As a result, investors are cautioned against relying on the
forward-looking statements contained herein as a basis for their investment
decisions regarding 3W Power.

3W Power undertakes no obligation to update or revise any forward-looking
statement contained herein.

For more information, contact:

Media Relations:

Christiane L. Döhler
M. A. - Exec. MBA HSG

DOEHLER COMMUNICATIONS
Phone:  +49 89 51616810
Cell:   +49 175 2905054
E-mail:  cd@doehler-communications.com

Investor Relations:

Katja Buerkle
Associate Director

AEG Power Solutions
Phone:  +31 20 4077 854
Cell:   +31 6 1095 9019
E-mail:  investors@aegps.com


01.06.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      3W Power S.A. / AEG Power Solutions 
              19, rue Eugène Ruppert
              L-2453  Luxembourg
              Grand Duchy of Luxembourg
Phone:        +31 20 4077 863
Fax:          +31 20 4077 875
E-mail:       michael.julian@aegps.com
Internet:     www.aegps.com
ISIN:         GG00B39QCR01
WKN:          A0Q5SX
Listed:       Regulierter Markt in Frankfurt (Prime Standard)
 
End of Announcement                             DGAP News-Service
 
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