Financial news

DGAP-Adhoc: SINGULUS TECHNOLOGIES AG: Capital increase of 10 % of share capital successfully implemented (english)

06/12/2017 - 21:45


SINGULUS TECHNOLOGIES AG: Capital increase of 10 % of share capital successfully implemented

^
DGAP-Ad-hoc: SINGULUS TECHNOLOGIES AG / Key word(s): Capital Increase
SINGULUS TECHNOLOGIES AG: Capital increase of 10 % of share capital
successfully implemented

06-Dec-2017 / 21:45 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.

---------------------------------------------------------------------------

Disclosure of inside information pursuant to Article 17 of MAR

(WKN A1681X / ISIN DE000A1681X5)
SINGULUS TECHNOLOGIES AG: Capital increase of 10 % of share capital
successfully implemented

Kahl am Main, 06 December 2017 - SINGULUS TECHNOLOGIES AG (SINGULUS
TECHNOLOGIES) has successfully placed all new shares from the announced
capital increase from approved capital with institutional investors in
Germany and other European countries. Under the private placement, excluding
the pre-emptive rights of subscribers, a total of 808,775 new shares were
issued at a price of EUR 13.00 each. The order book was oversubscribed more
than twice. The gross issuing proceeds amounted to EUR 10.51 million.

The share capital will be increased by EUR 808,775.00 to EUR 8,896,527.00 in
the next few days with the entry of the capital increase in the relevant
commercial register through the issuance of 808,775 new bearer shares for
cash, each with a nominal value of EUR 1.00. The new shares will carry
dividend rights from 1 January 2017. The new shares are to possess the same
statutory features as the old bearer shares of the company admitted to
trading in the Regulated Market (Prime Standard) of the Frankfurt Stock
Exchange under ISIN DE000A1681X5.

The net proceeds from the capital increase are to be used to finance
corporate growth driven by incoming orders in the Solar segment, plus the
entry into the new fields of activity of Decorative Coatings and Medical
Technology.

Contact:
SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
63796 Kahl am Main, Germany,
Maren Schuster, Investor Relations, Tel.: + 49 (0)160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0)170 9202924


---------------------------------------------------------------------------

06-Dec-2017 CET/CEST 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
   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
---------------------------------------------------------------------------

636569 06-Dec-2017 CET/CEST

°

Weiterführende Inhalte

Weiterführende Inhalte