Public disclosure of inside information according to article 17 MAR
Singulus Technologies Aktiengesellschaft: SINGULUS TECHNOLOGIES Aims to Improve Capital Structure and Reviews Possibility of Guaranteed Rights Issue
Kahl am Main (pta040/15.09.2021/19:45 UTC+2)
Disclosure of Insider Information Pursuant to Art. 17 MAR
SINGULUS TECHNOLOGIES Aims to Improve Capital Structure and Reviews Possibility of Guaranteed Rights Issue
Kahl am Main, September 15, 2021 - SINGULUS TECHNOLOGIES reviews several options to adjust and improve the company’s financial structure. One option is a cash capital increase with subscription rights guaranteed by an investor. SINGULUS TECHNOLOGIES is in advanced talks with a financial investor, who will - under certain conditions – acquire all of the shares that are not subscribed by shareholders with subscription rights in the course of the capital increase. This ensures that all of the shares will be placed in the course of the capital increase. Depending on how many shareholders exercise their subscription rights, the acquisition of the remaining shares by the financial investor may result in a change of control within the meaning of Art. 5 of the current terms and conditions of SINGULUS TECHNOLOGIES’ corporate bond.
SINGULUS TECHNOLOGIES has therefore initiated a process to obtain a temporary waiver of the bondholders’ right of termination due to a change of control. Such a waiver will be a prerequisite for the implementation of a guaranteed rights issue.
Once the audit certificate for the 2020 annual financial statements is available, the company will convene the Annual General Meeting for its shareholders.
SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103,
D-63796 Kahl/Main, WKN A1681X / ISIN DE000A1681X5
Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: +49 (0) 172 833 2224
Email: bernhard.krause@singulus.de
(end)
Emitter: |
Singulus Technologies Aktiengesellschaft Hanauer Landstraße 103 63796 Kahl am Main Germany |
|
---|---|---|
Contact Person: | Bernhard Krause | |
Phone: | +49 170 9202924 | |
E-Mail: | bernhard.krause@singulus.de | |
Website: | www.singulus.de | |
ISIN(s): | DE000A1681X5 (Share) DE000A2AA5H5 (Bond) | |
Stock Exchange(s): | Regulated Market in Berlin, Frankfurt; Free Market in Dusseldorf, Hamburg, Hannover, Munich, Stuttgart, Tradegate |