Singulus Technologies AG
SINGULUS TECHNOLOGIES AG: listing of the new shares on the Frankfurt Stock Exchange to take place on 12 October 2016
DGAP-News: SINGULUS TECHNOLOGIES AG / Key word(s): Capital Increase The information contained herein is not intended or released for disclosure or distribution to persons in the United States, Canada, Japan and Australia. Press release Keyword(s): capital increase Kahl am Main, 11 October 2016 – SINGULUS TECHNOLOGIES Aktiengesellschaft (SINGULUS TECHNOLOGIES) (WKN A1681X / ISIN DE000A1681X5) had, on 6 October 2016, resolved the rights issue through the issuance of 2,021,938 new shares. The implementation of the capital increase was entered on the Commercial Register of the company on Friday, 7 October 2016. The share capital of the company of EUR 6,065,814, divided into 6,065,814 no par value bearer shares each with a nominal value of EUR 1.00, consequently increased by the amount of EUR 2,021,938 to EUR 8,087,752. The inclusion of the new shares in the existing Frankfurt Stock Exchange listing and the delivery of the new shares to the depositary banks will take place on 12 October 2016. Shareholders who participated in the capital increase will then have their acquired shares added to their securities account. Dr.- Ing. Stefan Rinck, Chief Executive Officer of SINGULUS TECHNOLOGIES AG, declared: “The capital increase for cash marks the successful conclusion of the company’s financial restructuring. We will invest the funds from the capital increase mainly in financing growth in the solar area as well as for research and development work to advance the new business areas.” Dr.- Ing. Rinck added: “We have achieved an important success in clinching the major contract for CIGS production machinery. We are working on other projects in the field of thin-film solar technology; in particular, we also aim to create new product solutions to tap the growth in the field of crystalline high-performance solar cells (heterojunction).” SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103, Contact: Disclaimer: This announcement may include statements that are, or may be deemed to be, ‘forward-looking statements’. These forward-looking statements may be identified by the use of forward-looking terminology, including the terms ‘believes’, ‘estimates’, ‘plans’, ‘projects’, ‘anticipates’, ‘expects’, ‘intends’, ‘may’, ‘will’ or ‘should’ or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements reflect the Company’s current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to the Company’s business, results of operations, financial position, liquidity, prospects, growth or strategies. Forward-looking statements speak only as of the date they are made. The Company does not assume, and expressly disclaims, any obligations or undertaking to update, review or revise any forward-looking statements, whether as a result of new information, future developments
2016-10-11 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
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 Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange | |
End of News | DGAP News Service |