Yingli Green Energy Announces Exercise of Over-Allotment Option
June 30 2009 - 6:00AM
PR Newswire (US)
BAODING, China, June 30 /PRNewswire-Asia-FirstCall/ -- Yingli Green
Energy Holding Company Limited (NYSE:YGE) ("Yingli Green Energy"),
one of the world's leading vertically integrated photovoltaic
("PV") product manufacturers, today announced that it closed the
sale of an additional 2,790,000 American Depositary Shares
("ADSs"), each representing one ordinary share of Yingli Green
Energy, at the public offering price of US$13.00 per share,
pursuant to the over-allotment option exercised in full by the
underwriters of its recent follow-on offering, which priced on June
16, 2008. The exercise of the over-allotment option brings the
total number of ADSs sold by Yingli Green Energy in the follow-on
offering to 18,390,000 and the aggregate net proceeds received by
Yingli Green Energy to approximately US$227.4 million, after
deducting underwriting discounts and commissions and estimated
offering expenses payable by the Company. This press release does
not constitute an offer to sell or the solicitation of an offer to
buy any security and shall not constitute an offer, solicitation or
sale in any jurisdiction in which such offer, solicitation or sale
would be unlawful. About Yingli Green Energy Yingli Green Energy
Holding Company Limited (NYSE:YGE) is one of the world's leading
vertically integrated PV product manufacturers. Yingli Green Energy
designs, manufactures and sells PV modules and designs, assembles,
sells and installs PV systems that are connected to an electricity
transmission grid or operate on a stand-alone basis. Based in
Baoding, China, Yingli Green Energy sells its PV modules to system
integrators and distributors located in various markets around the
world, including Germany, Spain, Italy, South Korea, Belgium,
France, China and the United States. For further information,
please contact: In China: Qing Miao Director, Investor Relations
Yingli Green Energy Holding Company Limited Tel: +86-312-3100-502
Email: Courtney Shike Brunswick Group LLC Tel: +86-10-6566-2256
Email: In the United States: Katie Cralle Brunswick Group LLC Tel:
+1-212-333-3810 Email: DATASOURCE: Yingli Green Energy Holding
Company Limited CONTACT: China: Qing Miao, Director, Investor
Relations of Yingli Green Energy Holding Company Limited,
+86-312-3100-502, ; Courtney Shike of Brunswick Group LLC,
+86-10-6566-2256, ; United States: Katie Cralle of Brunswick Group
LLC, +1-212-333-3810,
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