REC - Minutes from Extraordinary General Meeting

Sandvika, June 24, 2013: The Extraordinary General Meeting of the shareholders of Renewable Energy Corporation ASA (REC) was held today, June 24, 2013, at 10:00 (Oslo time).

The minutes from the Extraordinary General Meeting recording the resolutions made are enclosed hereto. 

707,250,496 shares were represented at the meeting, corresponding to approximately 30.57 percent of the share capital.

The proposed authorization to the Board of Directors to issue new shares in item 5 of the agenda obtained a 53.7 percent majority and did therefore not obtain the required qualified majority and the proposal was not adopted.  

All other proposed resolutions were passed in accordance with the proposals by the Board of Directors.

For further information, please contact:

Florian Krumbacher,
SVP & Chief Legal Officer, REC
Telephone: +47 930 05 112 
Email: florian.krumbacher@recgroup.com

About REC
REC is a leading global provider of solar electricity solutions. With nearly two decades of expertise, we offer sustainable, high-performing products, services and investment opportunities for the solar and electronics industries. Together with our partners, we create value by providing solutions that better meet the world's growing electricity needs. Our 2,300 employees worldwide generated revenues of more than NOK 7 billion in 2012, approximately EUR 1 billion or USD 1.3 billion.

To see more of what REC can offer, visit www.recgroup.com

This information is subject of the disclosure requirements acc. to ยง5-12 vphl (Norwegian Securities Trading Act)

Minutes from Extraordinary General Meeting
Attachments:
Minutes from Extraordinary General Meeting