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EQS-News: SINGULUS TECHNOLOGIES AG
/ Key word(s): Bond
Press release SINGULUS TECHNOLOGIES CONCLUDES SECOND BONDHOLDERS' MEETING BONDS SINGULUS TECHNOLOGIES AG, ISIN: DE000A2AA5H5 / WKN: A2AA5H Kahl am Main, May 21, 2024 - Today's second bondholders' meeting regarding the SINGULUS bond with ISIN DE000A2AA5H5 and WKN A2AA5H was quorate with a quorum of 43.23 %. Of the votes cast, a majority of 75 % would have been required to adopt the four proposed resolutions. Overall, around 69 % of the votes cast were in favor of the company's proposals, which were therefore not approved. The company regrets that the bondholders did not follow the company's proposals. Overall, this would have provided SINGULUS TECHNOLOGIES with greater flexibility and more options for action. Since the proposed resolutions were not based on a short-term need, but were of a precautionary nature, the company will now focus on implementing its plans without the relief provided by the precautionary resolutions. SINGULUS TECHNOLOGIES has had a good start to the 2024 fiscal year and expects to be able to continue this momentum throughout the year. 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 (PVD sputtering, PECVD, evaporation), 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 and avoidance of unnecessary CO₂ pollution. SINGULUS TECHNOLOGIES attaches great importance to responsible and sustainable corporate governance. SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103, Contact: Bernhard Krause, Corporate Communications, Tel.: +49 (0) 172 833 2224
21.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | SINGULUS TECHNOLOGIES AG |
| Hanauer Landstrasse 103 | |
| 63796 Kahl am Main | |
| Germany | |
| Phone: | +49 (0)1709202924 |
| Fax: | +49 (0)6188 440-110 |
| E-mail: | |
| Internet: | |
| ISIN: | DE000A1681X5, DE000A2AA5H5 |
| WKN: | A1681X, A2AA5H |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1908035 |
| End of News | EQS News Service |
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1908035 21.05.2024 CET/CEST
