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11.07.2022 08:45:04

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 companys 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: bernhard.krause@singulus.de

 

 



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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