DGAP-Adhoc: First acquisition of 13.11% shares in SINGULUS TECHNOLOGIES AG by China National Building Materials (CNBM)
DGAP-Ad-hoc: SINGULUS TECHNOLOGIES AG / Key word(s): Investment
First acquisition of 13.11% shares in SINGULUS TECHNOLOGIES AG by China National Building Materials (CNBM)
21-Sep-2018 / 16:13 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Disclosure of inside information pursuant to Article 17 of MAR
First acquisition of 13.11% shares in SINGULUS TECHNOLOGIES AG by China National Building Materials (CNBM)
Kahl am Main, 21 09 2018 - China National Building Materials, Beijing (CNBM), informed the SINGULUS TECHNOLOGIES AG that it has acquired a minority stake of around 13.11 % (1.166 million shares) from existing shareholders. The transfer of ownership (closing) of the shares to Triumph Science and Technology Group Company, LLC, a 100 % subsidiary of CNBM, became effective this Friday, September 21. In a second subsequent step, a further 3.64% of the outstanding shares are to be taken over in a timely manner after the occurrence of defined conditions precedent.
Contact:
SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
63796 Kahl am Main, Germany,
Maren Schuster, Investor Relations, Tel.: + 49 (0)160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0)170 9202924
21-Sep-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at 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:
DE000A1681X5, DE000A2AA5H5
WKN:
A1681X, A2AA5H
Listed:
Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
End of Announcement
DGAP News Service
726245 21-Sep-2018 CET/CEST