Singulus Technologies AG

Transaction in Own Shares • May 19, 2004

News Details

Corporate | 19 May 2004 10:45

SINGULUS TECHNOLOGIES opts for Share Buy-Back

Corporate-news announcement sent by DGAP. The sender is solely responsible for the contents of this announcement. ——————————————————————————– SINGULUS TECHNOLOGIES opts for Share Buy-Back At the General Shareholders’ Meeting held in Frankfurt on May 13, 2004, over 99% of the shareholders voted for a share buy-back program. Under the program, the Board is now authorized to buy back SINGULUS shares up to a par value equivalent of EUR 3.706.341. The authorization to buy back can be exercised either once in its entirety or in several tranches. The shares can be bought on the stock exchange or through a public tender to all shareholders of the company. The company intends to use the shares for potential funding of future business acquisitions or, by cancelling the acquired stock reducing the total number of available shares. Such a measure would increase earnings per share. 05/19/2004 For additional information, please contact: Bernhard Krause, SINGULUS TECHNOLOGIES AG, Tel.: 49 – 0 6181-9828020 Bernhard.Krause@go-metacom.de end of message, (c)DGAP 19.05.2004 ——————————————————————————– WKN: 723890; ISIN: DE0007238909; Index: TecDAX, NEMAX 50 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 191045 Mai 04