DGAP-News
SINGULUS TECHNOLOGIES Publishes Comprehensive Information About Restructuring Concept - Seite 2
am Main, for Tuesday, February 16, 2016 at 10:30 am. The agenda items of
this Extraordinary General Meeting amongst others include the resolution
with respect to the corporate actions required for the restructuring.
The Executive Board of SINGULUS TECHNOLOGIES kindly asks all shareholders
and bondholders to take part in the Extraordinary General Meeting and the
second bondholder meeting, respectively, and to make use of their voting
rights in any case. It is also possible to be represented by a
representative or alternatively to authorize a proxy representative of the
SINGULUS TECHNOLOGIES. Prototype forms can be found on the home page under
www.singulus.de. For the participation in the Extraordinary General Meeting
a registration by February 9, 2016 at the latest is required. For the
second bondholder meeting a registration by February 12, 2016 at the latest
is required.
The restructuring of the corporate bond is an essential prerequisite for
the balance sheet restructuring of the company. Without this restructuring
SINGULUS TECHNOLOGIES will from today's point of view neither be able to
achieve a balance sheet restructuring nor to safeguard sufficient liquidity
in the future. Therefore, according to the current assessment of the
Executive Board, the implementation of these measures and the concurrent
approval of the bondholders and shareholders is the only feasible way to
prevent an otherwise imminent insolvency of the company.
Profile SINGULUS TECHNOLOGIES:
SINGULUS TECHNOLOGIES develops technologies and machines for economical and
resource-efficient production processes. The application areas include
vacuum thin-film and plasma coating for wet-chemical processes as well as
thermal process technologies.
For all processes and applications SINGULUS TECHNOLOGIES utilizes its
know-how in the areas of automation and process technology in order to
develop additional, attractive work areas with innovative products next to
the existing application areas of Solar, Semiconductors and Optical Disc.
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
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08.02.2016 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: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of News DGAP News Service
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435529 08.02.2016
the balance sheet restructuring of the company. Without this restructuring
SINGULUS TECHNOLOGIES will from today's point of view neither be able to
achieve a balance sheet restructuring nor to safeguard sufficient liquidity
in the future. Therefore, according to the current assessment of the
Executive Board, the implementation of these measures and the concurrent
approval of the bondholders and shareholders is the only feasible way to
prevent an otherwise imminent insolvency of the company.
Profile SINGULUS TECHNOLOGIES:
SINGULUS TECHNOLOGIES develops technologies and machines for economical and
resource-efficient production processes. The application areas include
vacuum thin-film and plasma coating for wet-chemical processes as well as
thermal process technologies.
For all processes and applications SINGULUS TECHNOLOGIES utilizes its
know-how in the areas of automation and process technology in order to
develop additional, attractive work areas with innovative products next to
the existing application areas of Solar, Semiconductors and Optical Disc.
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
---------------------------------------------------------------------------
08.02.2016 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: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of News DGAP News Service
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435529 08.02.2016