DGAP-Ad-hoc: SINGULUS TECHNOLOGIES AG / Key word(s): Capital Increase Disclosure of inside information pursuant to Article 17 of MAR (WKN A1681X / ISIN DE000A1681X5) M.M.Warburg will underwrite the new shares and offer them to institutional investors for acquisition through a private placement. The exact number of shares to be issued and the placement price will be determined by the Management Board, with the consent of the Supervisory Board, following completion of an accelerated book building process to be conducted by M.M.Warburg. SINGULUS TECHNOLOGIES intends to use the financial resources from the capital increase 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:
06-Dec-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
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 |
636493 06-Dec-2017 CET/CEST