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SNG - Singulus Technologies AG News Story

€4.95 -0.0  -0.8%

Last Trade - 14/05/21

Sector
Industrials
Size
Micro Cap
Market Cap £37.9m
Enterprise Value £48.3m
Revenue £33.7m
Position in Universe 856th / 1053

BRIEF-Singulus Technologies Says Triumph Science And Technology Group Informed CO Pursuant To Art. 43 WPHG

Mon 22nd October, 2018 8:05pm
Oct 22 (Reuters) - Singulus Technologies AG  SNGGk.DE :
    * TRIUMPH SCIENCE AND TECHNOLOGY GROUP CO., LTD., SHANGHAI,
CHINA
INFORMED ON OCTOBER 18, 2018 PURSUANT TO ART. 43 WPHG
    * SINGULUS TECHNOLOGIES-TRIUMPH SCIENCE AND TECHNOLOGY GROUP
INFORMATION IN REFERENCE TO EXCEEDANCE OF THRESHOLD OF 10% OR
HIGHER THRESHOLD FROM SEPT 21
    * INVESTMENT IS USED TO IMPLEMENT STRATEGIC OBJECTIVES
    * SINGULUS TECHNOLOGIES - CAPITAL IS FINANCED BY 100%
THROUGH
EQUITY CAPITAL WITH WHICH REPORTING PERSON NEEDS TO FINANCE
ACQUISITION OF VOTING RIGHTS
    * REPORTING PERSON DOES INTEND TO INFLUENCE COMPOSITION OF
ISSUERS' ADMINISTRATION, MANAGEMENT OR SUPERVISORY BOARD
    * SINGULUS TECHNOLOGIES- REPORTING PERSON DOES NOT INTEND TO
CHANGE CAPITAL STRUCTURE OF CO

Source text for Eikon:  ID:nEQRZYY1a 
Further company coverage:  SNGGk.DE 

 ((Reuters.Briefs@thomsonreuters.com;))
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