DGAP-News
SINGULUS TECHNOLOGIES AG: Extended Buy-Back Program for Corporate Bond
DGAP-News: SINGULUS TECHNOLOGIES AG / Key word(s): Bond
SINGULUS TECHNOLOGIES AG: Extended Buy-Back Program for Corporate Bond
15.06.2015 / 08:00
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Extended Buy-Back Program for Corporate Bond
Kahl am Main, June 15, 2015 - With approval of the Supervisory Board, today
the Executive Board of the SINGULUS TECHNOLOGIES AG (SINGULUS) resolved the
renewed extension of the buy-back program, 2015, which was initiated at the
end of 2012, again until December 31, 2015 (WKN: A1MASJ, ISIN:
DE000A1MASJ4). The total volume with a maximum of EUR 7.0 million still
remains. The other conditions of the program remain unchanged. Up to now,
bonds with a volume of EUR 5.0 million (nominal) were acquired.
Dr.-Ing. Stefan Rinck, Chief Executive Officer of the SINGULUS TECHNOLOGIES
AG, comments: "Our shareholders gave their unambiguous approval with
respect to the planned corporate actions at the Annual Shareholders Meeting
on June 9, 2015. We, as the Executive Board, see this as a clear mandate to
continue the initiated course of repositioning. With the extension of the
buy-back program we use our liquidity for the corporate bond".
Profile SINGULUS TECHNOLOGIES
SINGULUS TECHNOLOGIES develops innovative technologies for economic and
resource-efficient production processes. SINGULUS TECHNOLOGIES' strategy
targets the use and expansion of its existing core competencies. This
includes process technology and scientific solutions combined with
mechanical and plant engineering. The core competence of SINGULUS
TECHNOLOGIES rests on vacuum thin-film and plasma technology, wet-chemical
processing as well as thermal process technology.
SINGULUS TECHNOLOGIES is expanding this expertise in its core segments and
is transferring the know-how to new application areas.
Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 1709202924
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15.06.2015 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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367927 15.06.2015
Extended Buy-Back Program for Corporate Bond
Kahl am Main, June 15, 2015 - With approval of the Supervisory Board, today
the Executive Board of the SINGULUS TECHNOLOGIES AG (SINGULUS) resolved the
renewed extension of the buy-back program, 2015, which was initiated at the
end of 2012, again until December 31, 2015 (WKN: A1MASJ, ISIN:
DE000A1MASJ4). The total volume with a maximum of EUR 7.0 million still
remains. The other conditions of the program remain unchanged. Up to now,
bonds with a volume of EUR 5.0 million (nominal) were acquired.
Dr.-Ing. Stefan Rinck, Chief Executive Officer of the SINGULUS TECHNOLOGIES
AG, comments: "Our shareholders gave their unambiguous approval with
respect to the planned corporate actions at the Annual Shareholders Meeting
on June 9, 2015. We, as the Executive Board, see this as a clear mandate to
continue the initiated course of repositioning. With the extension of the
buy-back program we use our liquidity for the corporate bond".
Profile SINGULUS TECHNOLOGIES
SINGULUS TECHNOLOGIES develops innovative technologies for economic and
resource-efficient production processes. SINGULUS TECHNOLOGIES' strategy
targets the use and expansion of its existing core competencies. This
includes process technology and scientific solutions combined with
mechanical and plant engineering. The core competence of SINGULUS
TECHNOLOGIES rests on vacuum thin-film and plasma technology, wet-chemical
processing as well as thermal process technology.
SINGULUS TECHNOLOGIES is expanding this expertise in its core segments and
is transferring the know-how to new application areas.
Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 1709202924
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15.06.2015 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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367927 15.06.2015