Ad-hoc | 13 January 2010 07:30
SINGULUS TECHNOLOGIES AG / Contract/Disposal
13.01.2010
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Ad hoc announcement pursuant to § 15 WpHG
SINGULUS TECHNOLOGIES AG Sells HamaTech APE, Sternenfels
Kahl am Main, January 13, 2010 - SINGULUS TECHNOLOGIES (SINGULUS) announced
the completion of the negotiations regarding the sale of the HamaTech APE
GmbH & Co. KG (APE), a 100 % subsidiary of SINGULUS, to the SÜSS MicroTec
AG (SÜSS). A relevant purchase agreement was signed by both parties
yesterday night subject to consented closing conditions.
A purchase price in the amount of EUR 4.5 million for the APE enterprise as
well as additional EUR 4.5 million for the acquisition of the land and
buildings at the site in Sternenfels were agreed. The completion of the
transaction ('Closing date') is scheduled for January 2010. The purchase
price of EUR 4.5 million for APE is split into fixed and variable
components. The fixed component amounts to EUR 3.5 million and will be paid
in cash. The variable purchase price ('Earn-out component') amounts to EUR
1.0 million and is tied to the sales performance of HamaTech APE in 2010.
An extensive letter of intent regarding the acquisition of the HamaTech APE
had already been signed on December 6, 2009 by the contractual parties
SINGULUS and SÜSS.
HamaTech APE has established itself in the semi-conductor sector as the
world's leading supplier for the cleaning of photo masks and employs
approximately 80 people at the site in Sternenfels and at foreign
subsidiaries. In the business year 2009 the company realized estimated
sales in the amount of EUR 11 million.
SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890
Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 6188 440 612,
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 6181 98280 20/
+49 (0) 170 9202924
Contact:
SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890
Contact:
Maren Schuster, Investor Relations,
Tel.: + 49 (0) 6188 440 612,
Bernhard Krause, Corporate Communications,
Tel.: + 49 (0) 6181 98280 20 / +49 (0) 170 9202924
13.01.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
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
Deutschland
Phone: +49 (0)1709202924
Fax: +49 (0)6188 440-110
E-mail: bernhard.krause@go-metacom.de
Internet: www.singulus.de
ISIN: DE0007238909
WKN: 723890
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg
End of News DGAP News-Service
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