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Singulus Technologies AG

Capital/Financing Update Jul 11, 2022

394_rns_2022-07-11_921c9829-17cd-412b-a7e0-bc806ebc7d30.html

Capital/Financing Update

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News Details

Corporate | 11 July 2022 08:45

SINGULUS TECHNOLOGIES AG – Violation of an Obligation under the Terms and Conditions of the Bonds – Possible Right of Termination for Bondholders

Issuer: SINGULUS TECHNOLOGIES AG / Key word(s): Bond

11.07.2022 / 08:45

The issuer is solely responsible for the content of this announcement.

Press Release

SINGULUS TECHNOLOGIES AG – Violation of an Obligation under the Terms and Conditions of the Bonds – Possible Right of Termination for Bondholders

Kahl am Main, July 11, 2022 – The Common Representative notified the Company on Saturday evening, July 9, 2022, that a bondholder had informed the Common Representative that the Company was in breach of an obligation under the bonds – specifically, the timely publication of the audited financial statements for fiscal years 2020 and 2021. A 30-day period for curing this breach of duty thus commenced on July 9, 2022. If this period expires fruitlessly, the bondholders are then entitled to terminate the bond.

SINGULUS TECHNOLOGIES – Thin-Film Coating and Surface Treatment

SINGULUS TECHNOLOGIES develops and assembles innovative machines and systems for efficient thin-film coating and surface treatment processes, which are used worldwide in the Photovoltaics, Semiconductor, Medical Technology, Packaging, Glass & Automotive as well as Battery & Hydrogen markets. The company’s core competencies include various processes of coating technology, surface treatment as well as wet-chemical and thermal production processes.

SINGULUS TECHNOLOGIES sees sustainability as an opportunity to position itself with innovative products. In the focus are:

  • Environmental awareness
  • Efficient use of resources
  • Avoidance of unnecessary CO2 pollution

SINGULUS TECHNOLOGIES attaches great importance to responsible and sustainable corporate governance.

SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,

D-63796 Kahl/Main, WKN A1681X / ISIN DE000A1681X5

Kontakt:

Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279

Bernhard Krause, Unternehmenssprecher, Tel.: +49 (0) 172 833 2224

E-Mail: [email protected]


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.

Archive at www.dgap.de


Language: English
Company: SINGULUS TECHNOLOGIES AG
Hanauer Landstrasse 103
63796 Kahl am Main
Germany
Internet: www.singulus.de
EQS News ID: 1394533
End of News DGAP News Service

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