3W Power SA today issued notifications to the Luxembourg regulator (CSSF) and the German regulator (BaFin), to inform them that Dr Horst J. Kayser, executive director and CEO of 3W Power SA and AEG Power Solutions, purchased a total of 100,000 shares of 3W Power SA at an average price of 0.79 EUR on 20 and 21 November 2012.
Horst J. Kayser had purchased a total of 171,500 shares of 3W Power SA already in July and August 2012.
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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).
AEG Power Solutions (AEG PS) Group is a global provider of power electronics systems and solutions for all industrial power requirements offering one of the most comprehensive product and service portfolios in the area of power conversion and power control. Two complementary operating business segments, Renewable Energy Solutions (RES) and Energy Efficiency Solutions (EES) serve customers worldwide.
The RES product and service portfolio consists of systems and solutions for solar power plants, such as solar inverters, monitoring and control systems as well as power controllers for a wide range of industrial applications such as polysilicon, energy storage, sapphire, and glass. The EES product and service portfolio includes high-performance uninterruptable power supplies (UPSs), industrial chargers, DC systems and converters.
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’ footprint is global including 17 subsidiaries and competence centers around the world, employing 1,700 employees.
For more information go to: www.aegps.com
