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    DGAP-News  343  0 Kommentare SINGULUS TECHNOLOGIES Publishes Comprehensive Information About Restructuring Concept

    DGAP-News: SINGULUS TECHNOLOGIES AG / Key word(s): Bond
    SINGULUS TECHNOLOGIES Publishes Comprehensive Information About
    Restructuring Concept

    08.02.2016 / 15:45
    The issuer is solely responsible for the content of this announcement.

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    Press Release

    SINGULUS TECHNOLOGIES Publishes Comprehensive Information About
    Restructuring Concept

    - Information package available online

    - 2nd bondholder meeting at HILTON Hotel, Frankfurt am Main, on February
    15, 2016 at 11 am - registration until February 12, 2016 at the latest

    - Extraordinary shareholders' meeting at HILTON Hotel, Frankfurt am Main,
    On February 16, 2016 at 10:30 am - registration until February 09, 2016
    at the latest

    - The Board asks shareholders and bondholders to participate

    Kahl am Main, February XX, 2016 - The SINGULUS TECHNOLOGIES AG (SINGULUS
    TECHNOLOGIES) publishes comprehensive information about the balance sheet
    restructuring of the company including excerpts of the restructuring
    opinion.

    The information was published on today's February 08, 2016 on the home page
    of www.singulus.de under the category "Credit Relations" under the section
    "Second bondholder meeting on February 15, 2016".

    SINGULUS TECHNOLOGIES invited the bondholders of the
    EUR 60,000,000.00 7.75% bearer notes 2012 / 2017 to a second bondholder
    meeting in Frankfurt am Main. The meeting will take place at the HILTON
    FRANKFURT am Main, Hochstrasse 4, 60313 Frankfurt am Main, on February 15,
    2016 at 11:00 a.m. (CET).

    The concept for the restructuring of the existing corporate bond is
    submitted for resolution. This restructuring concept, which has already
    been coordinated structurally with the joint representative of the
    bondholders in the previous year, fundamentally provides for the
    bondholders' exchange of their respective bearer notes into acquisition
    rights. These rights entitle the bondholders to acquire a certain number of
    shares of the SINGULUS TECHNOLOGIES AG as well as a certain number of notes
    of a secured bond, which will be issued by the company. In the course of
    the then following second bondholder meeting the Executive Board of
    SINGULUS TECHNOLOGIES will report on the current course of business
    activities and will present the restructuring concept. The Board will also
    provide details about the preliminary financial key figures for the
    business year 2015.

    Furthermore, the company has convened an Extraordinary General Meeting of
    the company at the HILTON Hotel Frankfurt, Hochstrasse, 4, 60313 Frankfurt
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    DGAP-News SINGULUS TECHNOLOGIES Publishes Comprehensive Information About Restructuring Concept DGAP-News: SINGULUS TECHNOLOGIES AG / Key word(s): Bond SINGULUS TECHNOLOGIES Publishes Comprehensive Information About Restructuring Concept 08.02.2016 / 15:45 The issuer is solely responsible for the content of this announcement. …