Singulus Technologies AG

Share Issue/Capital Change • May 27, 2011

News Details

Ad-hoc | 27 May 2011 19:29

SINGULUS TECHNOLOGIES AG resolves capital increase for cash with subscription right by way of a use of its authorized capital

SINGULUS TECHNOLOGIES AG / Key word(s): Capital Increase

27.05.2011 19:29

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Ad hoc announcement pursuant to § 15 WpHG

SINGULUS TECHNOLOGIES AG resolves
capital increase for cash with subscription right by way of a use of its
authorized capital

Kahl am Main, 27 May, 2011 - The Executive Board of SINGULUS TECHNOLOGIES
AG (SINGULUS) resolved on May 27, 2011 with the approval of the Supervisory
Board from 27 May, 2011, to increase the nominal capital of EUR 41,050,111
by way of a use of its authorized capital I and III by up to EUR 7,880,203
to up to EUR 48,930,314 by issuing up to 7.880.203 new common bearer
shares with a nominal value of EUR 1.00 each and with full dividend
entitlement as of 1 January 2011 against contributions in cash.

equinet bank AG undertook to subscribe for the new shares and to offer them
to the existing shareholders of SINGULUS TECHNOLOGIES AG for subscription
by way of an indirect subscription right with a subscription ratio of 16 :
3 at a subscription price of EUR 3.30 for each new share. The subscription
period is expected to begin on June 4, 2011 and to end on June 17, 2011
(inclusive). Trading in the subscription rights will not be provided for.
Any new shares, which are not subscribed for can be purchased by the
existing shareholders in addition to their subscription rights by way of a
supplemental subscription. Details are to be set forth in the subscription
offer that is expected to be published on June 3, 2011 in the electronic
Federal Gazette and on the website of the company.

In total the company could expect gross proceeds of approx. EUR 26 Mio. The
proceeds from the capital increase are intended to be used mainly for the
expansion of the solar segment business and to a lesser extent for the
reduction of financial debt.

The subscription offer for shares in SINGULUS TECHNOLOGIES AG is not a
public offering. The new shares will solely be offered to the SINGULUS
TECHNOLOGIES AG's existing shareholders.

SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890
Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 96090279
Bernhard Krause, Unternehmenssprecher, Tel.: + 49 (0) 6181 98280 20/ +49
(0) 170 9202924

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR
INTO THE UNITED STATES OF AMERICA, CANADA, JAPAN AND AUSTRALIA.

Disclaimer:
This publication is for information purposes only and does not constitute
or form part of, and should not be construed as an offer or an invitation
to sell, or issue or the solicitation of any offer to buy or subscribe for,
any securities. In connection with this transaction there has not been, nor
will there be, any public offering. No prospectus will be prepared in
connection with the offering of the shares. The shares will not be offered
to the public in any jurisdiction in circumstances which would require the
issuer to prepare or register any prospectus or offering document relating
to the shares in such jurisdiction.

The distribution of this publication and the offer and sale of the shares
in certain jurisdictions may be restricted by law. Any persons reading this
publication should inform themselves of and observe any such restrictions.

This publication does not constitute an offer to sell or a solicitation of
an offer to purchase any securities in the United States. The securities
referred to herein have not been and will not be registered under the U.S.
Securities Act of 1933, as amended (the 'Securities Act') or the laws of
any state within the U.S., and may not be offered or sold in the United
States or to or for the account or benefit of U.S. persons, except in a
transaction not subject to, or pursuant to an applicable exemption from,
the registration requirements of the Securities Act or any state securities
laws. This publication and the information contained herein may not be
distributed or sent into the United States, or in any other jurisdiction in
which offers or sales of the securities described herein would be
prohibited by applicable laws and should not be distributed to United
States persons or publications with a general circulation in the United
States. No offering of the shares is being made in the United States.

Subject to certain exceptions, the securities referred to herein may not be
offered or sold in Australia, Canada or Japan or to, or for the account or
benefit of, any national, resident or citizen of Australia, Canada or
Japan. The securities referred to herein have not been and will not be
registered under the Securities Act or under the applicable securities laws
of Australia, Canada or Japan.

In the United Kingdom, this publication is only being distributed to and is
only directed at (i) persons who have professional experience in matters
relating to investments falling within Article 19(1) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005 (the
'Order') and (ii) high net worth entities falling within Article 49(2) of
the Order and (iii) persons to whom it would otherwise be lawful to
distribute it (all such persons together being referred to as 'relevant
persons'). The shares are only available to, and any invitation, offer or
agreement to subscribe, purchase or otherwise acquire such shares will be
engaged in only with, relevant persons. Any person who is not a relevant
person should not act or rely on this publication or any of its contents.

Contact:
SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890

Contact:
Maren Schuster, Investor Relations,
Tel.: + 49 (0) 6188 440 612,
Bernhard Krause, Corporate Communications,
Tel.: + 49 (0) 6181 98280 20 / +49 (0) 170 9202924

27.05.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: SINGULUS TECHNOLOGIES AG
Hanauer Landstrasse 103
63796 Kahl am Main
Deutschland
Phone: +49 (0)1709202924
Fax: +49 (0)6188 440-110
E-mail: bernhard.krause@go-metacom.de
Internet: www.singulus.de
ISIN: DE0007238909
WKN: 723890
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

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