DGAP-Ad hoc: Singulus Technologies AG

DGAP-Adhoc: Today's Extraordinary General Meeting of the Singulus Technologies AG approves the restructuring concept of the company

SINGULUS TECHNOLOGIES AG / Key word(s): AGM/EGM

16.02.2016 17:28

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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Ad hoc announcement pursuant to § 15 WpHG

Today's Extraordinary General Meeting of the SINGULUS TECHNOLOGIES AG approves the restructuring concept of the company

Kahl am Main, February 16, 2016 - Today's Extraordinary General Meeting of the SINGULUS TECHNOLOGIES AG (ISIN DE0007238909 / WKN 723 890) approved the proposed resolutions with regards to the implementation of the presented restructuring concept with a majority of more than 90 % of the present capital.

Following yesterday's approval by the noteholders' meeting, with today's approval by the Extraordinary General Meeting, the essential prerequisites for the successful implementation of the presented restructuring concept were met.

However, some shareholders have filed an objection to the resolutions. The company now has to wait whether the shareholders will file voidance actions. However, the company is confident that such voidance actions will be overridden in a fast track proceeding and that subsequently the implementation of the restructuring concept can be initiated.

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

Contact: Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279 Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 1709202924

16.02.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

--------------------------------------------------------------------------- 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: bernhard.krause@singulus.de Internet: www.singulus.de ISIN: DE0007238909, DE000A1MASJ4 WKN: 723890, A1MASJ Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------