North Coast Solar Stocks

June 30, 2009

Yingli Green Energy Announces Exercise of Over-Allotment Option

Filed under: YGE — Tags: , , , — Jason @ 6:00 am

Tuesday June 30, 2009, 6:00 am EDT

BAODING, China, June 30 /PRNewswire-Asia-FirstCall/ — Yingli Green Energy Holding Company Limited (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.

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