19.09.2016
SINGULUS TECHNOLOGIES AG DE000A1681X5
DGAP-Adhoc: SINGULUS TECHNOLOGIES AG: Announcement with regards to the implementation of a subscription right capital increase and the fixing of the subscription price to EUR 3.25 per new share as well as publication of the sales forecast for the current
SINGULUS TECHNOLOGIES AG / Key word(s): Capital Increase
19.09.2016 22:50
Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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The information contained herein is not for publication or distribution in
or into the United States of America, Canada, Japan or Australia.
Announcement of Insider Information Pursuant to Art. 17 MAR
Key word(s): Subscription offer / fixed subscription price / capital
increase / sales forecast
Announcement with regards to the implementation of a subscription right
capital increase and the fixing of the subscription price to EUR 3.25 per
new share as well as publication of the sales forecast for the current
business year 2016 and business year 2017
Kahl am Main, September 19, 2016 - The SINGULUS TECHNOLOGIES
Aktiengesellschaft (SINGULUS TECHNOLOGIES) (WKN A1681X / ISIN DE000A1681X5)
announces the implementation of a subscription right capital increase and
fixes the subscription right at EUR 3.25 per new share.
In the course of a subscription right capital increase SINGULUS
TECHNOLOGIES will offer up to 2,021,938 new shares. The subscription price
per new share amounts to EUR 3.25. The new shares bear full profit sharing
rights from January 1, 2016 and will be offered to shareholders with a
subscription ratio of 3 to 1, i.e. for three existing shares one new share
of the company can be relate. The subscription period will probably start
on September 22, 2016 and will last until October 5, 2016 (including).
More information about the subscription right capital increase can be find
in the SINGULUS TECHNOLOGIES prospectus which will be published after the
approval by the Bundesanstalt für Finanzdienstleistungen (BaFin), which is
expected for September 20, 2016 and which will presumably be published in
the German Federal Gazette on September 21, 2016.
The company has specified the sales forecast for the current and the
following business year and expects sales in a range of around EUR 68 to
EUR 78 million in the current business year. Due to the delayed orders from
subsidiaries of the Chinese state-owned enterprise CNBM, a large part of
sales and profits for these orders will only be realized in the business
year 2017.
For the fiscal year 2017, the issuer expects a continuing favorable trend
of the demand for machinery for the production of solar cells. In this
case, according to the company's assessment, this increase could result in
a doubling of the sales level achieved in the business year 2016.
The securities prospectus will be published after approval at the Company's
website (http://www.singulus.de/de/investorrelations.html).
SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
D-63796 Kahl/Main,
New shares: WKN A1681X / ISIN DE000A1681X5
Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 1709202924
Email: [email protected]
Disclaimer:
This document and the information contained herein are for information
purposes only and do not constitute a prospectus or an offer to sell or a
solicitation of an offer to buy any securities of Singulus Technologies AG
(the 'Company') in the United States or in any other jurisdiction. This
announcement may not be published, distributed or transmitted, directly or
indirectly, in or into the United States, Canada, Australia, Japan or South
Africa. The securities of the Company may not be offered or sold in the
United States absent registration or an exemption from registration under
the U.S. Securities Act of 1933, as amended (the 'Securities Act'). The
securities of the Company have not been, and will not be, registered under
the Securities Act or under the applicable securities laws of Australia,
Canada, Japan or South Africa. The distribution of this announcement may be
restricted by law in certain jurisdictions and persons into whose
possession any document or other information referred to herein comes
should inform themselves about and observe any such restrictions. Any
failure to comply with these restrictions may constitute a violation of the
securities laws of any such jurisdiction. Any potential offer will be made
exclusively through and on the basis of a published prospectus. Any offer
will be made exclusively through and on the basis of a prospectus that must
be published in Germany as supplemented by additional information related
to the offer outside of Germany.
This announcement may include statements that are, or may be deemed to be,
'forward-looking statements'. These forward-looking statements may be
identified by the use of forward-looking terminology, including the terms
'believes', 'estimates', 'plans', 'projects', 'anticipates', 'expects',
'intends', 'may', 'will' or 'should' or, in each case, their negative or
other variations or comparable terminology, or by discussions of strategy,
plans, objectives, goals, future events or intentions. Forward-looking
statements may and often do differ materially from actual results. Any
forward-looking statements reflect the Company's current view with respect
to future events and are subject to risks relating to future events and
other risks, uncertainties and assumptions relating to the Company's
business, results of operations, financial position, liquidity, prospects,
growth or strategies. Forward-looking statements speak only as of the date
they are made. The Company does not assume, and expressly disclaims, any
obligations or undertaking to update, review or revise any forward-looking
statements, whether as a result of new information, future developments.
19.09.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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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: [email protected]
Internet: www.singulus.de
ISIN: DE000A1681X5, DE000A2AA5H5
WKN: A1681X, A2AA5H
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of Announcement DGAP News-Service
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