Singulus Technologies AG

Share Issue/Capital Change • Nov 24, 2017

News Details

Ad-hoc | 24 November 2017 21:50

SINGULUS TECHNOLOGIES intends to increase capital by up to 10 % to strengthen its equity and the financing of order intake

SINGULUS TECHNOLOGIES AG / Key word(s): Corporate Action

SINGULUS TECHNOLOGIES intends to increase capital by up to 10 % to strengthen its equity and the financing of order intake

24-Nov-2017 / 21:50 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.

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Disclosure of inside information pursuant to Article 17 of MAR

SINGULUS TECHNOLOGIES intends to increase capital by up to 10 % to strengthen its equity and the financing of order intake

Kahl am Main, 24 November2017 – The Executive Board of SINGULUS TECHNOLOGIES AG (SINGULUS TECHNOLOGIES) plans to increase the share capital of the company of EUR 8,087,752.00 by up to 10 % by issuing additional common bearer shares from the existing authorized capital 2017/I. The new shares are to be placed by an investment bank under exclusion of subscription rights in the fourth quarter.

At the extraordinary general meeting on November 29, 2017, the Executive Board of SINGULUS TECHNOLOGIES will provide the shareholders with details about the planned strengthening of the equity base and the company’s future prospects. SINGULUS TECHNOLOGIES intends to use the funds from the capital increase to strengthen its equity and the financing of current and anticipated incoming orders. Furthermore, it should support the entry into new market areas financially.

The implementation of the capital increase depends on the market conditions, the demand and the business development of SINGULUS TECHNOLOGIES AG.

Kontakt:

SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,

D-63796 Kahl/Main,

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

Bernhard Krause, Unternehmenssprecher, Tel.: + 49 (0) 1709202924

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24-Nov-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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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:	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