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SLM Solutions Group AG (AM3D.DE)

AM3D.DE on Xetra

6.13EUR
7:37pm IST
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Volume
7,121
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30,650
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€18.50
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Latest Key Developments (Source: Significant Developments)

SLM Solutions Group Says Subscription For Convertible Bonds Starts On June 26, 2020
Wednesday, 24 Jun 2020 

June 24 (Reuters) - SLM SOLUTIONS GROUP AG ::SUBSCRIPTION PERIOD FOR FIRST TRANCHE OF NEW CONVERTIBLE BONDS BEGINS ON JUNE 26, 2020.OFFER FOR SUBSCRIPTION OF EUR 15 MIO. 2.00% CONVERTIBLE BONDS 2020/2026 WILL BE MADE EXCLUSIVELY TO HOLDERS OF SLM SOLUTIONS' SHARES AND CONVERTIBLE BONDS 2017/2022.SUBSCRIPTION PERIOD ENDS ON JULY 10, 2020, 12:00 NOON (CEST).OFFER OF 15,000 PARTIAL BONDS WITH A DENOMINATION OF EUR 1,000 AND SUBSCRIPTION RIGHTS TO A SECOND AND THIRD TRANCHE OF CONVERTIBLE BONDS IN A VOLUME OF UP TO APPROX. EUR 45 MILLION.USE OF EXPECTED NET PROCEEDS OF APPROX. EUR 14.5 MILLION TO FUND WORKING CAPITAL REQUIREMENTS, DEVELOPMENT PROJECTS, EXPANSION OF INTERNATIONAL SALES AND SERVICE NETWORK AND FOR GENERAL CORPORATE PURPOSES.SHAREHOLDERS WHO DO NOT EXERCISE THEIR RIGHT TO SUBSCRIBE FOR FIRST TRANCHE WILL NOT BE ELIGIBLE TO RECEIVE SUBSCRIPTION RIGHT WITH RESPECT TO ADDITIONAL CONVERTIBLE BONDS.  Full Article

SLM Solutions Q1 Revenue Up At EUR 17.8 Mln
Thursday, 7 May 2020 

May 7 (Reuters) - SLM Solutions Group AG ::SLM SOLUTIONS GROUP AG: STRONG REVENUE PERFORMANCE DESPITE CHALLENGING MARKET ENVIRONMENT.REVENUE FOR Q1 2020 MORE THAN DOUBLED YEAR-ON-YEAR TO EUR 17.8 MILLION (Q1 2019: EUR 7.3 MILLION).EBITDA IN Q1 2020 IMPROVED TO EUR -3.0 MILLION (Q1 2019: EUR -8.1 MILLION).ORDER INTAKE IN Q1 2020 WITH EUR 2.9 MILLION BELOW Q1 2019 (EUR 3.5 MILLION) DUE TO COVID19 RELATED RESTRICTIONS AND GLOBAL ECONOMIC SLOWDOWN.DIRK ACKERMANN TO JOIN AS CHIEF FINANCIAL OFFICER EFFECTIVE 1 JUNE 2020.HAS DECIDED NOT TO OFFER A FULL YEAR GUIDANCE AT THIS POINT DUE TO COVID-19 PANDEMIC.  Full Article

SLM Solutions Announces Conclusion Of Financing Agreement And Planned Subscription Offer Of Convertible Bonds
Friday, 27 Mar 2020 

March 26 (Reuters) - SLM Solutions Group AG ::CONCLUSION OF A FINANCING AGREEMENT AND PLANNED SUBSCRIPTION OFFER OF CONVERTIBLE BONDS.ENTERED INTO FINANCING AGREEMENT WITH LARGEST SHAREHOLDER, CORNWALL GMBH & CO. KG.DOES NOT INTEND TO APPLY FOR LISTING OF NEW CONVERTIBLE BONDS OR ADDITIONAL CONVERTIBLE BONDS ON ANY DOMESTIC/ FOREIGN STOCK EXCHANGE.INITIAL CONVERSION PRICE AT WHICH HOLDERS OF SECOND TRANCHE CAN CONVERT THESE INTO SHARES OF CO WILL AMOUNT TO EUR 7.75 PER NEW SHARE.UNDER AGREEMENT, CORNWALL HAS UNDERTAKEN TO SUBSCRIBE FOR NEW CONVERTIBLE BONDS IN TOTAL VOLUME OF APPROX. EUR 60 MILLION.INITIAL CONVERSION PRICE OF THIRD TRANCHE WILL AMOUNT TO EUR 8.75 PER NEW SHARE.INTENDS TO ISSUE NEW CONVERTIBLE BONDS STARTING IN JUNE 2020 UNTIL 30 SEPTEMBER 2023 AT LATEST.  Full Article

SLM Solutions Group FY Adjusted EBITDA Loss Widens To EUR 26.0 Million
Thursday, 26 Mar 2020 

March 26 (Reuters) - SLM Solutions Group AG ::FY REVENUE 49 MILLION EUR.FY REVENUE OF EUR 49.0 M (2018: EUR 71.7 M).FY ADJUSTED EBITDA OF EUR -26.0 M (FY 2018: EUR -7.0 M).FY ORDER INTAKE VALUE OF EUR 67.7 M WAS UP 20.8% COMPARED TO FY2018 (PREVIOUS YEAR: EUR 56.0 M).NOT ABLE TO OFFER CONFIDENT FULL YEAR GUIDANCE AT THIS POINT AND LOOK TO PRESENT ONE AS SOON AS IMPACT OF COVID19 CAN BE ACCURATELY FACTORED IN.  Full Article

SLM Solutions shareholder Ihde to cut stake
Wednesday, 15 Jan 2020 

Jan 15 (Reuters) - SLM Solutions Group AG ::DEUTSCHE BANK SAYS IT AND JEFFERIES LAUNCH AN ACCELERATED OFFERING OF AN APPROXIMATELY 7.5% STAKE IN EXISTING SHARES OF SLM SOLUTIONS GROUP AG <<>>.DEUTSCHE BANK SAYS OFFERING IS BEING CARRIED OUT ON BEHALF OF CERESIO GMBH (“CERESIO”), A HOLDING COMPANY MAJORITY-OWNED BY MR HANS-JOACHIM IHDE.DEUTSCHE BANK SAYS CERESIO AGREED TO A SIX MONTHS LOCK-UP FOR ITS REMAINING STAKE.  Full Article

SLM Solutions Group Increases Order Intake In 2019 By 21% To EUR 67.7 Million
Wednesday, 8 Jan 2020 

Jan 8 (Reuters) - SLM Solutions Group AG ::DGAP-NEWS: SLM SOLUTIONS GROUP INCREASES ORDER INTAKE IN 2019 BY 21% TO EUR 67.7M.IN Q4 OF 2019 SLM SOLUTIONS RECORDED AN ORDER INTAKE OF EUR 29.5M WHICH REPRESENTS 100% GROWTH YEAR-ON-YEAR..CONFIRMS REVENUE AND ADJUSTED EBITDA MARGIN FOR 2019 WILL BE SIGNIFICANTLY LOWER THAN ORIGINALLY FORECASTED GROUP REVENUE OF EUR 95M AND ORIGINALLY EXPECTED BREAK-EVEN ADJUSTED EBITDA MARGIN.  Full Article

SLM Solutions: Elliott International Advisors Intends To Achieve Material Change In Co's Capital Structure
Thursday, 12 Dec 2019 

Dec 13 (Reuters) - SLM SOLUTIONS GROUP ::SAID ON THURSDAY THAT UNDERSIGNED ELLIOTT INTERNATIONAL ADVISORS GP LLC CROSSED THE 10% THRESHOLD IN VOTING RIGHTS OF SLM SOLUTIONS GROUP AG ON NOV 19, 2019.ELLIOTT INTERNATIONAL ADVISORS GP LLC PLANS TO ACQUIRE FURTHER VOTING RIGHTS OF THE COMPANY WITHIN THE NEXT TWELVE MONTHS BY MEANS OF A PURCHASE OR BY OTHER MEANS.ELLIOTT INTERNATIONAL ADVISORS GP LLC INTENDS TO EXERT INFLUENCE ON APPOINTMENT OR REMOVAL OF MEMBERS OF CO'S ADMINISTRATIVE, MANAGING AND SUPERVISORY BODIES.ELLIOTT INTERNATIONAL ADVISORS GP LLC INTENDS TO ACHIEVE MATERIAL CHANGE IN CO'S CAPITAL STRUCTURE, IN PARTICULAR AS REGARDS RATIO BETWEEN ITS OWN FUNDS AND EXTERNAL FUNDS AND DIVIDEND POLICY.  Full Article

SLM Solutions: ENA Investment Capital Wants Significant Change In Capital Structure Of Co
Wednesday, 11 Dec 2019 

Dec 11 (Reuters) - SLM SOLUTIONS GROUP AG ::SAYS ENA INVESTMENT CAPITAL LLP CROSSED 20% THRESHOLD OF VOTING RIGHTS IN SLM SOLUTIONS GROUP AG ON 29 NOVEMBER 2019.SAYS ENA INVESTMENT CAPITAL'S PREVALENT AIM OF INVESTMENT IS IMPLEMENTING STRATEGIC OBJECTIVES WHERE SALE OF SHARES SHALL NOT BE EXCLUDED.SAYS FURTHER VOTING RIGHTS IN SLM SOLUTIONS GROUP AG MAY BE ACQUIRED BY SHARE PURCHASE OR OTHER MEANS IN THE NEXT 12 MONTHS BY ENA INVESTMENT CAPITAL.SAYS ENA INVESTMENT CAPITAL INTENDS TO EXPRESS OPINIONS, DELIBERATIONS AND RECOMMENDATIONS TO COMPANY.SAYS ENA INVESTMENT CAPITAL INTENDS TO EXERT INFLUENCE ON APPOINTMENT OR REMOVAL OF MEMBERS OF COMPANY'S ADMINISTRATIVE, MANAGING AND SUPERVISORY BODIES.SAYS ENA INVESTMENT CAPITAL INTENDS TO ACHIEVE SIGNIFICANT CHANGE IN CAPITAL STRUCTURE OF CO, IN PARTICULAR AS REGARDS RATIO BETWEEN ITS EQUITY AND DEBT FINANCING AND DIVIDEND POLICY.  Full Article

SLM Solutions Q3 EBITDA At Negative EUR 0.8 Mln
Thursday, 7 Nov 2019 

Nov 7 (Reuters) - SLM Solutions Group AG ::DGAP-NEWS: SLM SOLUTIONS: Q3 2019 ORDER INTAKE AND REVENUE ROUGHLY IN LINE WITH PRIOR-YEAR QUARTER, ORDER BACKLOG 51% HIGHER.Q3 REVENUE 17.1 MILLION EUR.Q3 2019 ORDER INTAKE OF EUR 17.4M ROUGHLY IN RANGE OF PREVIOUS YEAR'S QUARTER AND Q2 2019.EBITDA IN Q3 2019 AT EUR -0.8M SLIGHTLY BELOW PRIOR-YEAR QUARTER, BUT SIGNIFICANTLY IMPROVED COMPARED TO Q2 2019.Q3 RESULT OF EUR -3.9M (Q3/2018: EUR -2.1M).  Full Article

SLM Solutions Appoints Frank Huelsmann As CFO, Effective January 01, 2020
Thursday, 7 Nov 2019 

Nov 7 (Reuters) - SLM Solutions Group AG ::DGAP-NEWS: SLM SOLUTIONS GROUP AG APPOINTS CFO.APPOINTED FRANK HÜLSMANN AS CHIEF FINANCIAL OFFICER, EFFECTIVE JANUARY 01, 2020.  Full Article

SLM Solutions to raise $66 mln in Elliott-backed convertible bond

FRANKFURT, March 27 German 3D printing specialist SLM Solutions, whose top shareholder is activist fund Elliott, plans to raise 60 million euros ($66 million) in financing via a three-tranched convertible bond, it said on Friday.