DGAP-News
SINGULUS TECHNOLOGIES Extends Buy-Back Program for Corporate Bond until June 30, 2015
DGAP-News: SINGULUS TECHNOLOGIES AG / Key word(s): Bond
SINGULUS TECHNOLOGIES Extends Buy-Back Program for Corporate Bond
until June 30, 2015
09.12.2014 / 19:08
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Press Release
SINGULUS TECHNOLOGIES Extends Buy-Back Program for Corporate Bond until
June 30, 2015
Kahl am Main, December 09, 2014 - With approval of the Supervisory Board,
today the Executive Board of the SINGULUS TECHNOLOGIES AG (SINGULUS
TECHNOLOGIES) resolved the renewed extension of the buy-back program, which
was initiated at December 11, 2012, again until June 30, 2015 for the bonds
issued on March 23, 2012 (WKN: A1MASJ, ISIN: DE000A1MASJ4). The total
volume will be increased by up to EUR 7.0 million (nominal). The other
conditions of the program remain unchanged.
The term of the buy-back program was extended already a few times. The very
last term 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: "In light of the current situation of the company and the
bond valuation, the Executive Board considers it expedient to extend the
buyback program. We reserve the right to resell the acquired corporate
bonds again."
Up to date, in the course of the current buyback program a bond volume of
around EUR 4 million was purchase.
Profile SINGULUS TECHNOLOGIES:
SINGULUS TECHNOLOGIES focuses on solutions that are not only economical,
but also sustainable and resource-efficient. Areas of application extend
from nano- and vacuum-coating to wet chemical processing and thermal
process technology.
SINGULUS TECHNOLOGIES addresses new products and is working on new process
solutions.
For all processes and applications SINGULUS TECHNOLOGIES takes advantage of
its know-how in the areas of automation and process technology in order to
open attractive working areas with new innovative products apart from
Solar, Semiconductor and Optical Disc.
Contact:
SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890
Contact:
Maren Schuster, Investor Relations,
Tel.: + 49 (0) 6188 440 612,
Bernhard Krause, Corporate Communications,
Tel.: + 49 (0) 6181 98280 20 / +49 (0) 170 9202924
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09.12.2014 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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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
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304009 09.12.2014
Press Release
SINGULUS TECHNOLOGIES Extends Buy-Back Program for Corporate Bond until
June 30, 2015
Kahl am Main, December 09, 2014 - With approval of the Supervisory Board,
today the Executive Board of the SINGULUS TECHNOLOGIES AG (SINGULUS
TECHNOLOGIES) resolved the renewed extension of the buy-back program, which
was initiated at December 11, 2012, again until June 30, 2015 for the bonds
issued on March 23, 2012 (WKN: A1MASJ, ISIN: DE000A1MASJ4). The total
volume will be increased by up to EUR 7.0 million (nominal). The other
conditions of the program remain unchanged.
The term of the buy-back program was extended already a few times. The very
last term 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: "In light of the current situation of the company and the
bond valuation, the Executive Board considers it expedient to extend the
buyback program. We reserve the right to resell the acquired corporate
bonds again."
Up to date, in the course of the current buyback program a bond volume of
around EUR 4 million was purchase.
Profile SINGULUS TECHNOLOGIES:
SINGULUS TECHNOLOGIES focuses on solutions that are not only economical,
but also sustainable and resource-efficient. Areas of application extend
from nano- and vacuum-coating to wet chemical processing and thermal
process technology.
SINGULUS TECHNOLOGIES addresses new products and is working on new process
solutions.
For all processes and applications SINGULUS TECHNOLOGIES takes advantage of
its know-how in the areas of automation and process technology in order to
open attractive working areas with new innovative products apart from
Solar, Semiconductor and Optical Disc.
Contact:
SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890
Contact:
Maren Schuster, Investor Relations,
Tel.: + 49 (0) 6188 440 612,
Bernhard Krause, Corporate Communications,
Tel.: + 49 (0) 6181 98280 20 / +49 (0) 170 9202924
---------------------------------------------------------------------
09.12.2014 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP 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
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304009 09.12.2014