Insider information according to Section 17 MAR


Bernhard Krause
Singulus Technologies AG
Hanauer Landstrasse 103, 63796 Kahl am Main, Germany
Tel.:     +49 (0) 1709202924
Fax:     +49 (0) 61 88 - 4 40 - 1110
China National Building Materials Acquires a Minority Interest in SINGULUS TECHNOLOGIES
January 02, 2018

Kahl am Main, 02 January 2018 – China National Building Materials, Beijing (CNBM), has informed SINGULUS TECHNOLOGIES AG that it has acquired a minority interest of around 1.5 million shares (around 16.8%) of the current 8.9 million issued shares from external shareholders. It is reported that the corresponding legally binding purchase agreements have been signed. A transfer of ownership of the shares to CNBM (closing) is to take place in the near future, once certain conditions precedent have been fulfilled.  For example, the acquisition of the shares remains to be approved by Chinese government agencies and the relevant competition authorities.

It is expected that the approvals will be granted over the coming months.


We use cookies that are necessary to ensure the functionality and security of this website. Singulus Technologies uses "Google Analytics" cookies for statistical purposes. With the button on the right you can agree to this. You can find more information under this link.