Following a change in the Listing Rules on the Frankfurt Stock Exchange Open Market 148 companies did not meet the new rules including Sunseeker Energy Holding AG and were de-listed effective 15th November 2011.
The Company originally listed on the Frankfurt Stock Exchange Open Market at one of the harshest economic points of time with the Global Financial Crisis in full swing, and more recently the ongoing European Sovereign Debt Crisis, both being key factors that have prevented potential customers from accessing solar project financing.
Against this highly volatile background, the Company has continued to develop and protect its innovative technology with a series of both new technical advances, and patent protections.
Now that the Company is no longer listed it will continue to explore all potential opportunities to exploit it’s technology with the view to achieving positive outcomes for all stakeholders.
The Company considers it’s newly private status away from the uncertainties of the global stock markets can be beneficial towards achieving a such an outcome.