Corporate | 15 June 2015 08:00
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SINGULUS TECHNOLOGIES AG / Key word(s): Bond
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”.
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2015-06-15 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 2015-06-15 |