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DGAP-News: SINGULUS TECHNOLOGIES AG - Violation of an Obligation under the Terms and Conditions of the Bonds - Possible Right of Termination for Bondholders


Issuer: SINGULUS TECHNOLOGIES AG / Key word(s): Bond
SINGULUS TECHNOLOGIES AG - Violation of an Obligation under the Terms and Conditions of the Bonds - Possible Right of Termination for Bondholders

11.07.2022 / 08:45
The issuer is solely responsible for the content of this announcement.


Press Release

SINGULUS TECHNOLOGIES AG - Violation of an Obligation under the Terms and Conditions of the Bonds - Possible Right of Termination for Bondholders

 

Kahl am Main, July 11, 2022 - The Common Representative notified the Company on Saturday evening, July 9, 2022, that a bondholder had informed the Common Representative that the Company was in breach of an obligation under the bonds - specifically, the timely publication of the audited financial statements for fiscal years 2020 and 2021. A 30-day period for curing this breach of duty thus commenced on July 9, 2022. If this period expires fruitlessly, the bondholders are then entitled to terminate the bond.

 

SINGULUS TECHNOLOGIES – Thin-Film Coating and Surface Treatment

SINGULUS TECHNOLOGIES develops and assembles innovative machines and systems for efficient thin-film coating and surface treatment processes, which are used worldwide in the Photovoltaics, Semiconductor, Medical Technology, Packaging, Glass & Automotive as well as Battery & Hydrogen markets. The company’s core competencies include various processes of coating technology, surface treatment as well as wet-chemical and thermal production processes.

 

SINGULUS TECHNOLOGIES sees sustainability as an opportunity to position itself with innovative products. In the focus are:

  • Environmental awareness
  • Efficient use of resources
  • Avoidance of unnecessary CO2 pollution

 

SINGULUS TECHNOLOGIES attaches great importance to responsible and sustainable corporate governance.

 

SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
D-63796 Kahl/Main, WKN A1681X / ISIN DE000A1681X5

Kontakt:

Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279

Bernhard Krause, Unternehmenssprecher, Tel.: +49 (0) 172 833 2224

E-Mail: [email protected]

 

 



Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: SINGULUS TECHNOLOGIES AG
Hanauer Landstrasse 103
63796 Kahl am Main
Germany
Internet: www.singulus.de
EQS News ID: 1394533

 
End of News DGAP News Service

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Singulus Technologies AG Stock

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-3.620%
Heavy losses for Singulus Technologies AG today as the stock fell by -€0.050 (-3.620%).

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