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SINGULUS TECHNOLOGIES Extends Buy-Back Program for Corporate Bond
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0 KommentareDGAP-News: SINGULUS TECHNOLOGIES AG / Key word(s): Bond
SINGULUS TECHNOLOGIES Extends Buy-Back Program for Corporate Bond
23.06.2014 / 15:03
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Kahl am Main, June 23, 2014 - With approval of the Supervisory Board, today
the Executive Board of the SINGULUS TECHNOLOGIES AG (SINGULUS) resolved the
renewed extension of the buy-back program, which was initiated at the end
of 2012, again until December 31, 2014 for the bonds issued on March 23,
2012 (WKN: A1MASJ, ISIN: DE000A1MASJ4). The buy-back program was already
extended on March 26, 2013, on June 26, 2013 as well as on December 12,
2013. The total volume with a maximum of EUR 5.0 million still remains. The
other conditions of the program remain unchanged. Up to now, bonds with a
volume of EUR 2.6 million (nominal) were acquired.
The term of the buy-back program was extended until December 31, 2014 per
resolution as of June 23, 2014.
Dr.-Ing. Stefan Rinck, Chief Executive Officer of the SINGULUS TECHNOLOGIES
AG, comments: "We are very satisfied with the performance of the bond and
the related trust in our company. We are sufficiently financed, but reserve
the right to resell the acquired corporate bonds again."
Profile SINGULUS TECHNOLOGIES
SINGULUS TECHNOLOGIES' goal is the technologic leadership in the segments
Optical Disc, Solar and Semiconductor as well as the use of synergies to
open new work areas in the future. In this process SINGULUS TECHNOLOGIES
focuses on solutions that are not only economical, but also sustainable and
resource-efficient.
In the Optical Disc segment SINGULUS TECHNOLOGIES continues to expand its
market leadership and today is already able to offer machines, which enable
the production of triple-layer Blu-ray Disc wit a storage volume of about
100 GB in total.
In the Solar segment SINGULUS TECHNOLOGIES is a supplier for new production
solutions for crystalline and thin-film solar cells, which with lower
production costs increase the level of efficiency or achieve a higher level
of efficiency. SINGULUS TECHNOLOGIES establishes itself in this market as a
development partner and machine supplier for technologies enabling a
sustainable and chosen energy provision on the basis of renewable energies.
In the Semiconductor segment SINGULUS TECHNOLOGIES focuses its activities
on the vacuum coating of wafers with ultra thin layers for the
manufacturing of MRAM memory, thin-film write/read heads, sensors and other
semiconductor applications.
SINGULUS TECHNOLOGIES is continuously expanding its technologic know-how in
the areas vacuum coating, automation, process technology as well as the
integration of production steps in order to open further, attractive work
areas. In this context, internal growth from the development of proprietary
solutions as well as acquisition opportunities for the generation of
external growth are analyzed with respect to their feasible implementation.
SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103, D-63796 Kahl/Main, ISIN:
DE0007238909, WKN: 723890
Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 1709202924
E-Mail: bernhard.krause@singulus.de
End of Corporate News
---------------------------------------------------------------------
23.06.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: SINGULUS TECHNOLOGIES AG
Hanauer Landstrasse 103
63796 Kahl am Main
Germany
Phone: +49 (0)1709202924
Fax: +49 (0)6188 440-110
E-mail: bernhard.krause@singulus.de
Internet: www.singulus.de
ISIN: DE0007238909, DE000A1MASJ4
WKN: 723890, A1MASJ
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
274737 23.06.2014
the Executive Board of the SINGULUS TECHNOLOGIES AG (SINGULUS) resolved the
renewed extension of the buy-back program, which was initiated at the end
of 2012, again until December 31, 2014 for the bonds issued on March 23,
2012 (WKN: A1MASJ, ISIN: DE000A1MASJ4). The buy-back program was already
extended on March 26, 2013, on June 26, 2013 as well as on December 12,
2013. The total volume with a maximum of EUR 5.0 million still remains. The
other conditions of the program remain unchanged. Up to now, bonds with a
volume of EUR 2.6 million (nominal) were acquired.
The term of the buy-back program was extended until December 31, 2014 per
resolution as of June 23, 2014.
Dr.-Ing. Stefan Rinck, Chief Executive Officer of the SINGULUS TECHNOLOGIES
AG, comments: "We are very satisfied with the performance of the bond and
the related trust in our company. We are sufficiently financed, but reserve
the right to resell the acquired corporate bonds again."
Profile SINGULUS TECHNOLOGIES
SINGULUS TECHNOLOGIES' goal is the technologic leadership in the segments
Optical Disc, Solar and Semiconductor as well as the use of synergies to
open new work areas in the future. In this process SINGULUS TECHNOLOGIES
focuses on solutions that are not only economical, but also sustainable and
resource-efficient.
In the Optical Disc segment SINGULUS TECHNOLOGIES continues to expand its
market leadership and today is already able to offer machines, which enable
the production of triple-layer Blu-ray Disc wit a storage volume of about
100 GB in total.
In the Solar segment SINGULUS TECHNOLOGIES is a supplier for new production
solutions for crystalline and thin-film solar cells, which with lower
production costs increase the level of efficiency or achieve a higher level
of efficiency. SINGULUS TECHNOLOGIES establishes itself in this market as a
development partner and machine supplier for technologies enabling a
sustainable and chosen energy provision on the basis of renewable energies.
In the Semiconductor segment SINGULUS TECHNOLOGIES focuses its activities
on the vacuum coating of wafers with ultra thin layers for the
manufacturing of MRAM memory, thin-film write/read heads, sensors and other
semiconductor applications.
SINGULUS TECHNOLOGIES is continuously expanding its technologic know-how in
the areas vacuum coating, automation, process technology as well as the
integration of production steps in order to open further, attractive work
areas. In this context, internal growth from the development of proprietary
solutions as well as acquisition opportunities for the generation of
external growth are analyzed with respect to their feasible implementation.
SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103, D-63796 Kahl/Main, ISIN:
DE0007238909, WKN: 723890
Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 1709202924
E-Mail: bernhard.krause@singulus.de
End of Corporate News
---------------------------------------------------------------------
23.06.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: SINGULUS TECHNOLOGIES AG
Hanauer Landstrasse 103
63796 Kahl am Main
Germany
Phone: +49 (0)1709202924
Fax: +49 (0)6188 440-110
E-mail: bernhard.krause@singulus.de
Internet: www.singulus.de
ISIN: DE0007238909, DE000A1MASJ4
WKN: 723890, A1MASJ
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
274737 23.06.2014
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