SNG Singulus Technologies AG

EQS-News: SINGULUS TECHNOLOGIES publishes invitation to the second bondholders' meeting on May 21, 2024

EQS-News: SINGULUS TECHNOLOGIES AG / Key word(s): Bond
SINGULUS TECHNOLOGIES publishes invitation to the second bondholders' meeting on May 21, 2024

30.04.2024 / 13:25 CET/CEST
The issuer is solely responsible for the content of this announcement.


Press release

SINGULUS TECHNOLOGIES publishes invitation to the second bondholders' meeting on May 21, 2024

(Bonds SINGULUS TECHNOLOGIES AG, ISIN DE000A2AA5H5, WKN A2AA5H)

  • The vote without a meeting pursuant to § 18 and §§ 5 et seq. SchVG was not quorate
  • The meeting will take place on May 21, 2024, at 1:30 p.m. (CEST) at the Crowne Plaza Frankfurt
  • Registration required by Saturday, May 18, 2024, at midnight (CEST) at the latest

Kahl am Main, xx. April 2024 - The Executive Board of SINGULUS TECHNOLOGIES AG and the notary Dr. Olaf Gerber, domiciled in Frankfurt am Main, in his capacity as voting manager of the voting without meeting from April 25, 2024 to April 29, 2024, invite all holders of the SINGULUS bond (bonds SINGULUS TECHNOLOGIES AG, ISIN DE000A2AA5H5, WKN A2AA5H) to participate in the second bondholders' meeting on May 21, 2024 and to exercise their voting rights.

The vote without a meeting pursuant to Section 18 and Sections 5 et seq. SchVG was not quorate as the required quorum of 50% of the outstanding bonds (Section 15 para. 3 sentence 1 SchVG) was not reached.

The meeting will take place on May 21, 2024, and will begin at 1:30 p.m. (CEST) at the Crowne Plaza Frankfurt - Congress Hotel, Lyoner Strasse 44-48, 60528 Frankfurt am Main (Hamburg area). It is possible to be represented by a proxy or alternatively to authorize the proxy of SINGULUS TECHNOLOGIES AG, who will vote according to your explicit instructions.

To participate, registration is required by May 18, 2024, by midnight (CEST) at the latest. The invitation will be published in the Federal Gazette on May 3, 2024, and will also be available on the homepage at /bondholder-meeting/ from this date.

SINGULUS TECHNOLOGIES proposes to the bondholders, among other things, to amend the bond terms and conditions by several points. The company looks forward to welcoming the bondholders. The company invites bondholders to participate in the vote and to vote in favor of the proposed resolutions in the interest of the company in order to support the company on its further path. We welcome the loyalty and trust of the bondholders and would like to express our sincere thanks.

The relevant documents can be found on the homepage at /bondholder-meeting/ from this date under the section "Second creditors' meeting on May 21, 2024".

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 CO pollution.

SINGULUS TECHNOLOGIES attaches great importance to responsible and sustainable corporate governance.

SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
D-63796 Kahl/Main, WKN A1681X / ISIN DE000A1681X5

Contact: Bernhard Krause, Corporate Communications, Tel.: +49 (0) 172 833 2224

 



30.04.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at -news.com


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: 1893089

 
End of News EQS News Service

1893089  30.04.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1893089&application_name=news&site_id=research_pool
EN
30/04/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Singulus Technologies AG

Thomas J. Schiessle
  • Thomas J. Schiessle

Q1/25 verhalten – schwacher Ordereingang - neues Aufsichtsratsmitglied...

Im FY 25 soll ein kräftiges Umsatz- und Ergebniswachstum realisiert werden. Diese Guidance wurde auf der HV am 21.05.25 intensiv diskutiert und vom Managementdarauf hingewiesen, dass diese „anspruchsvoll sei“. Der Geschäftsgang im Startquartal war verhalten; insbesondere der Ordereingang zeigte sich schwach (3M/25-Ordereingang/Umsatz/EBIT: -80,7 % YoY auf € 6,4 Mio./-20,5 % YoY auf € 16,4 Mio./-16,7 % YoY auf € 0,5 Mio.). Die Book-to-Bill-Ratio sank für 3M/25 auf 39,2%; der Bestellvorrat nahm da...

 PRESS RELEASE

EQS-News: SINGULUS TECHNOLOGIES publishes annual financial statements ...

EQS-News: SINGULUS TECHNOLOGIES AG / Key word(s): Annual Report/Forecast SINGULUS TECHNOLOGIES publishes annual financial statements 2024 28.03.2025 / 08:00 CET/CEST The issuer is solely responsible for the content of this announcement. Press Release SINGULUS TECHNOLOGIES publishes annual financial statements 2024 Sales 2024: € 75.9 million, EBIT -€ 0.7 million, order intake 2024: € 77.2 million Realignment of the company for sustainable growth Forecast for 2025 is revenue of €105 - 115 million with EBIT in the mid-single-digit million range Kahl am Main, March 28, 2...

 PRESS RELEASE

EQS-News: SINGULUS TECHNOLOGIES veröffentlicht Jahresabschluss 2024

EQS-News: SINGULUS TECHNOLOGIES AG / Schlagwort(e): Jahresbericht/Prognose SINGULUS TECHNOLOGIES veröffentlicht Jahresabschluss 2024 28.03.2025 / 08:00 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Pressemeldung SINGULUS TECHNOLOGIES veröffentlicht Jahresabschluss 2024 Umsatz 2024: 75,9 Mio. €, EBIT -0,7 Mio. €, Auftragseingang 2024: 77,2 Mio. € Neuausrichtung des Unternehmens für nachhaltiges Wachstum Prognose für 2025 liegt bei einem Umsatz von 105 - 115 Mio. € mit EBIT im mittleren einstelligen Millionenbereich Kahl am Main...

Thomas J. Schiessle
  • Thomas J. Schiessle

Hohe Order-Kennzahlen sprechen für Wachstum in FY 25

Die am 12.03.25 vorgelegten KPIs dokumentieren eine schwachen Umsatzlegung in Q4/24 (-14 % YoY auf € 14,9 Mio.), die das Q4/24-EBIT – trotz abgesenkter Gewinnschwelle - unter die Nulllinie drückte. Die hohe Auslastung der Vorquartale konnte somit nicht erreicht werden, so dass es trotz des abgesenkten OPEX-Sockels zum 12M/24-EBIT-Verlust von € -0,7 Mio. (9M/24: € 1,9 Mio.) kam. Nicht zum ersten Mal haben Verschiebungen in den Projektlaufzeiten zu Anpassungen geführt. Die mehrfach angepasste Gu...

Thomas J. Schiessle
  • Thomas J. Schiessle

Zeitenwende

Nun wurde eine (Teil-) Lösung der hohen Finanzschulden gefunden. Die zum 30.12.24 bekanntgewordene Neuordnung der Finanzierungsstruktur durch SNG´s größten Anteilseigner der CNBM Group, reduziert die Schuldenlast signifikant. Die Kundenanfragen und Bestellungen (Q3/24: 128 % YoY auf € 18,5 Mio.) aus einer wachsenden Zahl an (meist wenig konjunktursensitiven) Zielmärkten, machen den Wachstumskurs von SNG immer resilienter. Seit dem 01.01.25 wird das Unternehmen von Markus Ehret als CFO und Lars...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch