DGAP-Adhoc

SINGULUS TECHNOLOGIES AG: Announcement with regards to the implementation of a subscription right capital increase and the fixing of the subscription price to EUR 3.25 per new share as well as publication of the sales forecast for the current business ye

SINGULUS TECHNOLOGIES AG / Key word(s): Capital Increase

19.09.2016 22:50

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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The information contained herein is not for publication or distribution in
or into the United States of America, Canada, Japan or Australia.

Announcement of Insider Information Pursuant to Art. 17 MAR

Key word(s): Subscription offer / fixed subscription price / capital
increase / sales forecast

Announcement with regards to the implementation of a subscription right
capital increase and the fixing of the subscription price to EUR 3.25 per
new share as well as publication of the sales forecast for the current
business year 2016 and business year 2017

Kahl am Main, September 19, 2016 - The SINGULUS TECHNOLOGIES
Aktiengesellschaft (SINGULUS TECHNOLOGIES) (WKN A1681X / ISIN DE000A1681X5)
announces the implementation of a subscription right capital increase and
fixes the subscription right at EUR 3.25 per new share.

In the course of a subscription right capital increase SINGULUS
TECHNOLOGIES will offer up to 2,021,938 new shares. The subscription price
per new share amounts to EUR 3.25. The new shares bear full profit sharing
rights from January 1, 2016 and will be offered to shareholders with a
subscription ratio of 3 to 1, i.e. for three existing shares one new share
of the company can be relate. The subscription period will probably start
on September 22, 2016 and will last until October 5, 2016 (including).

More information about the subscription right capital increase can be find
in the SINGULUS TECHNOLOGIES prospectus which will be published after the
approval by the Bundesanstalt für Finanzdienstleistungen (BaFin), which is
expected for September 20, 2016 and which will presumably be published in
the German Federal Gazette on September 21, 2016.

The company has specified the sales forecast for the current and the
following business year and expects sales in a range of around EUR 68 to
EUR 78 million in the current business year. Due to the delayed orders from
subsidiaries of the Chinese state-owned enterprise CNBM, a large part of
sales and profits for these orders will only be realized in the business
year 2017.

For the fiscal year 2017, the issuer expects a continuing favorable trend
of the demand for machinery for the production of solar cells. In this