13/08/2024 18:21
EQS-Adhoc: SINGULUS TECHNOLOGIES AG: Reorganization of financing - Publication of half-year report delayed
INFORMATION REGLEMENTEE

EQS-Ad-hoc: SINGULUS TECHNOLOGIES AG / Key word(s): Financing/Half Year Report
SINGULUS TECHNOLOGIES AG: Reorganization of financing - Publication of half-year report delayed

13-Aug-2024 / 18:21 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.



Publication of inside information pursuant to Article 17 MAR


SINGULUS TECHNOLOGIES - Reorganization of financing - Publication of half-year report delayed


Kahl am Main, August 13, 2024 - The Executive Board of SINGULUS TECHNOLOGIES is currently negotiating with Triumph Science and Technology Group Co. Ltd. based in Beijing ("Triumph") about the restructuring of the financing.


The background to this is Triumph's written commitment to provide the company with sufficient liquid funds to meet its financial obligations until the conclusion, repayment or successful settlement of certain currently existing financing components and contracts, but no later than the end of March 31, 2025.


The reorganization of the entire financing between SINGULUS TECHNOLOGIES and Triumph has not yet been sufficiently clarified. Against this background, the company is postponing the publication of the half-year report 2024, which is scheduled for August 14, 2024, until final clarification with Triumph.


The successful conclusion of the talks with Triumph is expected by August 23, 2024.


SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
D-63796 Kahl/Main, WKN A2AA5H / ISIN DE000A2AA5H5


Contact:


Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279


Bernhard Krause, Unternehmenssprecher, Tel.: +49 (0) 172 833 2224


 




End of Inside Information

13-Aug-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-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: bernhard.krause@singulus.de
Internet: www.singulus.de
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: 1967307

 
End of Announcement EQS News Service

1967307  13-Aug-2024 CET/CEST


fncls.ssp?fn=show_t_gif&application_id=1967307&application_name=news&site_id=symex~~~af100301-a623-4c64-8f3d-90fc88eca9e6









EQS-Ad-hoc: SINGULUS TECHNOLOGIES AG / Key word(s): Financing/Half Year Report


SINGULUS TECHNOLOGIES AG: Reorganization of financing - Publication of half-year report delayed


13-Aug-2024 / 18:21 CET/CEST


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.


The issuer is solely responsible for the content of this announcement.



Publication of inside information pursuant to Article 17 MAR



SINGULUS TECHNOLOGIES - Reorganization of financing - Publication of half-year report delayed



Kahl am Main, August 13, 2024 - The Executive Board of SINGULUS TECHNOLOGIES is currently negotiating with Triumph Science and Technology Group Co. Ltd. based in Beijing (\"Triumph\") about the restructuring of the financing.



The background to this is Triumph's written commitment to provide the company with sufficient liquid funds to meet its financial obligations until the conclusion, repayment or successful settlement of certain currently existing financing components and contracts, but no later than the end of March 31, 2025.



The reorganization of the entire financing between SINGULUS TECHNOLOGIES and Triumph has not yet been sufficiently clarified. Against this background, the company is postponing the publication of the half-year report 2024, which is scheduled for August 14, 2024, until final clarification with Triumph.



The successful conclusion of the talks with Triumph is expected by August 23, 2024.



SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,

D-63796 Kahl/Main, WKN A2AA5H / ISIN DE000A2AA5H5



Contact:



Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279



Bernhard Krause, Unternehmenssprecher, Tel.: +49 (0) 172 833 2224



 





End of Inside Information


13-Aug-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-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: bernhard.krause@singulus.de
Internet: www.singulus.de
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: 1967307





 
End of Announcement EQS News Service




1967307  13-Aug-2024 CET/CEST







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