Corporate | 15 April 2016 13:45


SINGULUS TECHNOLOGIES AG: Implementation of the Resolved Bond Restructuring

DGAP-News: SINGULUS TECHNOLOGIES AG / Key word(s): Restructure of Company

2016-04-15 / 13:45
The issuer is solely responsible for the content of this announcement.

Press Release

SINGULUS TECHNOLOGIES AG: Implementation of the Resolved Bond Restructuring

Kahl am Main, April 15, 2016 – The second bondholder meeting of the SINGULUS TECHNOLOGIES AG with respect to the SINGULUS bond 2012/2017 (ISIN DE000A1MASJ4 / WKN A1MASJ) resolved on February 15, 2016 a restructuring of the SINGULUS bond, which the Extraordinary General Meeting also approved on February 16, 2016. Actions for rescission were filed against the resolutions of both meetings. Both actions for rescission against the resolutions of the bondholder meeting and the Extraordinary General Meeting were withdrawn by the plaintiffs. Accordingly, the SINGULUS TECHNOLOGIES AG commenced with the implementation of the resolved restructuring of the SINGULUS bond.

The resolutions passed with respect to agenda items 4 to 7 as well as 12 and 13 of the bondholder meeting were already concluded by the custodian Clearstream Banking AG. Accordingly, in particular the extension of the interest payment from the SINGULUS bond until March 23, 2017 and the temporary waiver of certain termination rights have become effective. The implementation of the resolution regarding the exchange of the SINGULUS bond into acquisition rights (agenda item 11) as well as the corporate actions resolved by the Extraordinary General Meeting will follow soon.
Profile SINGULUS TECHNOLOGIES
SINGULUS TECHNOLOGIES develops and builds machines for economical and resource-efficient production processes. The application areas include vacuum thin-film and plasma coating for wet-chemical processes as well as thermal process technologies.

For all machines, processes and applications SINGULUS TECHNOLOGIES utilizes its know-how in the areas of automation and process technology in order to develop additional, attractive work areas with innovative products next to the existing application areas of Solar, Semiconductors and Optical Disc.

Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 1709202924






2016-04-15 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.

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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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