Singulus Technologies AG
SINGULUS TECHNOLOGIES Publishes Comprehensive Information About Restructuring Concept
DGAP-News: SINGULUS TECHNOLOGIES AG / Key word(s): Bond Press Release SINGULUS TECHNOLOGIES Publishes Comprehensive Information About Restructuring Concept – Information package available online – 2nd bondholder meeting at HILTON Hotel, Frankfurt am Main, on February 15, 2016 at 11 am – registration until February 12, 2016 at the latest – Extraordinary shareholders’ meeting at HILTON Hotel, Frankfurt am Main, On February 16, 2016 at 10:30 am – registration until February 09, 2016 at the latest – The Board asks shareholders and bondholders to participate Kahl am Main, February XX, 2016 – The SINGULUS TECHNOLOGIES AG (SINGULUS TECHNOLOGIES) publishes comprehensive information about the balance sheet restructuring of the company including excerpts of the restructuring opinion. The information was published on today’s February 08, 2016 on the home page of www.singulus.de under the category “Credit Relations” under the section “Second bondholder meeting on February 15, 2016”. SINGULUS TECHNOLOGIES invited the bondholders of the The Executive Board of SINGULUS TECHNOLOGIES kindly asks all shareholders and bondholders to take part in the Extraordinary General Meeting and the second bondholder meeting, respectively, and to make use of their voting rights in any case. It is also possible to be represented by a representative or alternatively to authorize a proxy representative of the SINGULUS TECHNOLOGIES. Prototype forms can be found on the home page under www.singulus.de. For the participation in the Extraordinary General Meeting a registration by February 9, 2016 at the latest is required. For the second bondholder meeting a registration by February 12, 2016 at the latest is required. The restructuring of the corporate bond is an essential prerequisite for the balance sheet restructuring of the company. Without this restructuring SINGULUS TECHNOLOGIES will from today’s point of view neither be able to achieve a balance sheet restructuring nor to safeguard sufficient liquidity in the future. Therefore, according to the current assessment of the Executive Board, the implementation of these measures and the concurrent approval of the bondholders and shareholders is the only feasible way to prevent an otherwise imminent insolvency of the company. Profile SINGULUS TECHNOLOGIES: For all processes and applications SINGULUS TECHNOLOGIES utilizes its know-how in the areas of automation and process technology in order to develop additional, attractive work areas with innovative products next to the existing application areas of Solar, Semiconductors and Optical Disc. SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103, D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890 Contact:
2016-02-08 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: | DE0007238909, DE000A1MASJ4 | |
WKN: | 723890, A1MASJ | |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart | |
End of News | DGAP News Service |