Press Release


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
Today’s second meeting of noteholders of SINGULUS TECHNOLOGIES AG approves the restructuring concept
February 15, 2016

Kahl am Main, February 15, 2016 - Today’s second meeting of noteholders with respect to the SINGULUS bond 2012/2017 (ISIN DE000A1MASJ4 / WKN A1MASJ) satisfied the quorum since about 33 % of the outstanding notes were present and passed the resolutions required for the implementation of the presented restructuring concept with the required majority of about 90 % of the participating voting rights.

With the approval of the presented restructuring concept, the foundation is laid for a financial restructuring of the company.

However, a few noteholders objected to the resolutions. The company now has to wait whether the noteholders will file a voidance action. Nevertheless, the company is confident that such voidance actions will be overridden in fast track proceedings.

During the ensuing extraordinary general meeting on tomorrow’s Tuesday, the shareholders are now asked to approve to the restructuring concept on their part.

SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103, D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890


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