| 19.04.2011 - The Board of Directors announced today an update to the information provided to certificate holders at the Information Meeting held in Vienna on 3 November 2010. The information is also posted to the website www.powerinternational.eu in English and German. The Board of Directors announced today that the Annual General Meeting will be held on 10th May 2011 at 12:30. Further details are forthcoming in the next few days.
The guidance regarding the range of potential outcomes provided to Certificate Holders on 3rd November 2010 continues to be appropriate in the view of the Board of Directors (a total payout of between EUR 7.81 and EUR 8.69 inclusive of the EUR 7.80 already distributed to Certificate Holders). The Board of Directors is making no announcement regarding further cash distributions to Certificate Holders at this time.
The Board of Directors further confirmed today that it has concluded the transaction to sell its ownership of the Hohenlohe Wind Park project to Meinl Bank.
Finally, the Board of Directors announced that the Austrian Arbitration case against Meinl Bank is now scheduled to be heard beginning on 9th May in Vienna. |
