Ad-hoc | 25 June 2020 17:12

TubeSolar AG: TubeSolar GmbH to be merged with the TubeSolar AG

tubesolar AG / Key word(s): Mergers & Acquisitions/Strategic Company Decision
TubeSolar AG: TubeSolar GmbH to be merged with the TubeSolar AG

25-Jun-2020 / 17:12 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

TubeSolar AG: TubeSolar GmbH is merged with TubeSolar AG

Augsburg, 25 June 2020 – The Managing Board and the Supervisory Board of TubeSolar AG, an innovative manufacturer of robust thin-film tubes for solar energy production, today decided to simplify the company structure and merge the wholly owned subsidiary TubeSolar GmbH into TubeSolar AG.

End of corporate release

Contact:
Reiner Egner, Member of the Managing Board
TubeSolar AG, Berliner Allee 65, 86153 Augsburg

About TubeSolar AG
As a spin-off, TubeSolar AG has taken over the laboratory production including patents from OSRAM/LEDVANCE in Augsburg and has been using this patented technology since 2019 to manufacture photovoltaic thin-film tubes that are assembled into modules. These have considerable advantages over silicon solar modules in terms of weight, geometry, material use, yield, long-term stability and recycling. The technology is to be used primarily in the agricultural sector and will span agricultural production areas. In the next few years, it is planned to expand production in Augsburg to an annual production capacity of 250 MW.

Service
website: www.tubesolar.de
Investor Relations contact:
Maximilian Fischer, mailto: m.fischer@tubesolar.de
max. Equity Marketing GmbH, Marienplatz 2, 80331 Munich, Germany,
Phone: +49 89 13928890

25-Jun-2020 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

Language:	English
Company:	tubesolar AG
	Berliner Allee 65
	86153 Augsburg
	Germany
Phone:	+49 821 899 830 50
E-mail:	ir@tubesolar.de
Internet:	www.tubesolar.de
ISIN:	DE000A2PXQD4
WKN:	A2PXQD
Listed:	Regulated Unofficial Market in Dusseldorf (Primärmarkt), Frankfurt, Munich (m:access)
EQS News ID:	1079387

End of Announcement EQS News Service