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Kahl am Main, 24 November 2017 – The Executive Board of SINGULUS TECHNOLOGIES AG (SINGULUS TECHNOLOGIES) plans to increase the share capital of the company of EUR 8,087,752.00 by up to 10 % by issuing additional common bearer shares from the existing authorized capital 2017/I. The new shares are to be placed by an investment bank under exclusion of subscription rights in the fourth quarter.

At the extraordinary general meeting on November 29, 2017, the Executive Board of SINGULUS TECHNOLOGIES will provide the shareholders with details about the planned strengthening of the equity base and the company’s future prospects. SINGULUS TECHNOLOGIES intends to use the funds from the capital increase to strengthen its equity and the financing of current and anticipated incoming orders. Furthermore, it should support the entry into new market areas financially.

The implementation of the capital increase depends on the market conditions, the demand and the business development of SINGULUS TECHNOLOGIES AG.

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

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