Kahl am Main, June 20, 2011 - The SINGULUS TECHNOLOGIES AG (SINGULUS) successfully concluded the capital increase by 7,880,203 common bearer shares in total with a nominal value of € 1.00 each and profit entitlement from January 1, 2011 against payment in kind.
The gross proceeds of around € 26.0 million from the capital increase are mainly used for the financing of the growth in the Solar segment and to a lesser extent for extraordinary repayments of financial debt.
With the entry of the implementation of the capital increase into the commercial register, which is expected to take place on June 22, 2011, the total number of outstanding shares of the company rises to 48,930,314 shares. The delivery and payment for the new shares will presumably take place on Friday, June 24, 2011, but after their admission to the stock market at the earliest.
NOT FOR Release, DISTRIBUTION or publication, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES of America, CANADA, JAPAN AND AUSTRALIA.
Disclaimer:
This publication is for information purposes only and does not constitute or form part of, and should not be construed as an offer or an invitation to sell, or issue or the solicitation of any offer to buy or subscribe for, any securities. In connection with this transaction there has not been, nor will there be, any public offering. No prospectus will be prepared in connection with the offering of the shares. The shares will not be offered to the public in any jurisdiction in circumstances which would require the issuer to prepare or register any prospectus or offering document relating to the shares in such jurisdiction.
The distribution of this publication and the offer and sale of the shares in certain jurisdictions may be restricted by law. Any persons reading this publication should inform themselves of and observe any such restrictions.
This publication does not constitute an offer to sell or a solicitation of an offer to purchase any securities in the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or the laws of any state within the U.S., and may not be offered or sold in the United States or to or for the account or benefit of U.S. persons, except in a transaction not subject to, or pursuant to an applicable exemption from, the registration requirements of the Securities Act or any state securities laws. This publication and the information contained herein may not be distributed or sent into the United States, or in any other jurisdiction in which offers or sales of the securities described herein would be prohibited by applicable laws and should not be distributed to United States persons or publications with a general circulation in the United States. No offering of the shares is being made in the United States.
Subject to certain exceptions, the securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan. The securities referred to herein have not been and will not be registered under the Securities Act or under the applicable securities laws of Australia, Canada or Japan.
In the United Kingdom, this publication is only being distributed to and is only directed at (i) persons who have professional experience in matters relating to investments falling within Article 19(1) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") and (ii) high net worth entities falling within Article 49(2) of the Order and (iii) persons to whom it would otherwise be lawful to distribute it (all such persons together being referred to as "relevant persons"). The shares are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such shares will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this publication or any of its contents.