Capital/Financing Update • Jun 15, 2015
Capital/Financing Update
Open in ViewerOpens in native device viewer
News Details
Corporate | 15 June 2015 08:00
SINGULUS TECHNOLOGIES AG: Extended Buy-Back Program for Corporate Bond
SINGULUS TECHNOLOGIES AG / Key word(s): Bond
2015-06-15 / 08:00
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”.
Profile SINGULUS TECHNOLOGIES
SINGULUS TECHNOLOGIES develops innovative technologies for economic and resource-efficient production processes. SINGULUS TECHNOLOGIES’ strategy targets the use and expansion of its existing core competencies. This includes process technology and scientific solutions combined with mechanical and plant engineering. The core competence of SINGULUS TECHNOLOGIES rests on vacuum thin-film and plasma technology, wet-chemical processing as well as thermal process technology.
SINGULUS TECHNOLOGIES is expanding this expertise in its core segments and is transferring the know-how to new application areas.
Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 1709202924
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: | [email protected] |
| 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 |
| - - - |
| 367927 2015-06-15 |
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.