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SINGULUS TECHNOLOGIES AG: listing of the new shares on the Frankfurt Stock Exchange to take place on 12 October 2016
DGAP-News: SINGULUS TECHNOLOGIES AG / Key word(s): Capital Increase
SINGULUS TECHNOLOGIES AG: listing of the new shares on the Frankfurt Stock
Exchange to take place on 12 October 2016
11.10.2016 / 18:40
The issuer is solely responsible for the content of this announcement.
SINGULUS TECHNOLOGIES AG: listing of the new shares on the Frankfurt Stock
Exchange to take place on 12 October 2016
11.10.2016 / 18:40
The issuer is solely responsible for the content of this announcement.
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The information contained herein is not intended or released for disclosure
or distribution to persons in the United States, Canada, Japan and
Australia.
Press release
Keyword(s): capital increase
SINGULUS TECHNOLOGIES AG: listing of the new shares on the Frankfurt Stock
Exchange to take place on 12 October 2016
Kahl am Main, 11 October 2016 - SINGULUS TECHNOLOGIES Aktiengesellschaft
(SINGULUS TECHNOLOGIES) (WKN A1681X / ISIN DE000A1681X5) had, on 6 October
2016, resolved the rights issue through the issuance of 2,021,938 new
shares.
The implementation of the capital increase was entered on the Commercial
Register of the company on Friday, 7 October 2016. The share capital of the
company of EUR 6,065,814, divided into 6,065,814 no par value bearer shares
each with a nominal value of EUR 1.00, consequently increased by the amount
of EUR 2,021,938 to EUR 8,087,752.
The inclusion of the new shares in the existing Frankfurt Stock Exchange
listing and the delivery of the new shares to the depositary banks will
take place on 12 October 2016. Shareholders who participated in the capital
increase will then have their acquired shares added to their securities
account.
Dr.- Ing. Stefan Rinck, Chief Executive Officer of SINGULUS TECHNOLOGIES
AG, declared: "The capital increase for cash marks the successful
conclusion of the company's financial restructuring. We will invest the
funds from the capital increase mainly in financing growth in the solar
area as well as for research and development work to advance the new
business areas." Dr.- Ing. Rinck added: "We have achieved an important
success in clinching the major contract for CIGS production machinery. We
are working on other projects in the field of thin-film solar technology;
in particular, we also aim to create new product solutions to tap the
growth in the field of crystalline high-performance solar cells
(heterojunction)."
SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
63796 Kahl am Main, Germany,
WKN A1681X / ISIN DE000A1681X5
Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0)160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0)170 9202924
The information contained herein is not intended or released for disclosure
or distribution to persons in the United States, Canada, Japan and
Australia.
Press release
Keyword(s): capital increase
SINGULUS TECHNOLOGIES AG: listing of the new shares on the Frankfurt Stock
Exchange to take place on 12 October 2016
Kahl am Main, 11 October 2016 - SINGULUS TECHNOLOGIES Aktiengesellschaft
(SINGULUS TECHNOLOGIES) (WKN A1681X / ISIN DE000A1681X5) had, on 6 October
2016, resolved the rights issue through the issuance of 2,021,938 new
shares.
The implementation of the capital increase was entered on the Commercial
Register of the company on Friday, 7 October 2016. The share capital of the
company of EUR 6,065,814, divided into 6,065,814 no par value bearer shares
each with a nominal value of EUR 1.00, consequently increased by the amount
of EUR 2,021,938 to EUR 8,087,752.
The inclusion of the new shares in the existing Frankfurt Stock Exchange
listing and the delivery of the new shares to the depositary banks will
take place on 12 October 2016. Shareholders who participated in the capital
increase will then have their acquired shares added to their securities
account.
Dr.- Ing. Stefan Rinck, Chief Executive Officer of SINGULUS TECHNOLOGIES
AG, declared: "The capital increase for cash marks the successful
conclusion of the company's financial restructuring. We will invest the
funds from the capital increase mainly in financing growth in the solar
area as well as for research and development work to advance the new
business areas." Dr.- Ing. Rinck added: "We have achieved an important
success in clinching the major contract for CIGS production machinery. We
are working on other projects in the field of thin-film solar technology;
in particular, we also aim to create new product solutions to tap the
growth in the field of crystalline high-performance solar cells
(heterojunction)."
SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
63796 Kahl am Main, Germany,
WKN A1681X / ISIN DE000A1681X5
Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0)160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0)170 9202924
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