Ad-hoc | 26 July 2017 15:58


Alster & Elbe Inkasso GmbH action: SINGULUS TECHNOLOGIES announces full dismissal of action

SINGULUS TECHNOLOGIES AG / Key word(s): Legal Matter

26-Jul-2017 / 15:58 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Announcement of Insider Information Pursuant to Art. 17 MAR

Alster & Elbe Inkasso GmbH action: SINGULUS TECHNOLOGIES announces full dismissal of action

Kahl am Main, 26 July 2017: On 26 July 2017 Karlsruhe District Court fully dismissed the action brought by Alster & Elbe Inkasso GmbH against SINGULUS TECHNOLOGIES AG and five further defendants to determine the liability for compensation with a value in dispute of EUR 750 million. The ruling confirms the legal position that we have held throughout.

The ruling does not yet have the force of law because Alster & Elbe Inkasso GmbH may appeal it.

Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0)160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0)170 9202924
e-mail: bernhard.krause@singulus.de


26-Jul-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at 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: DE000A1681X5, DE000A2AA5H5
WKN: A1681X, A2AA5H
Listed: Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange

End of Announcement DGAP News Service

show this