Issuer: SINGULUS TECHNOLOGIES AG / Key word(s): Bond 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:
SINGULUS TECHNOLOGIES attaches great importance to responsible and sustainable corporate governance.
SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103, 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. |
Language: | English |
Company: | SINGULUS TECHNOLOGIES AG |
Hanauer Landstrasse 103 | |
63796 Kahl am Main | |
Germany | |
Internet: | www.singulus.de |
EQS News ID: | 1394533 |
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corporate announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.