EQS-News: SANDPIPER Digital Payments AG successfully completes placement of CHF 4.3 million
EQS Group-News: Sandpiper Digital Payments AG / Key word(s): Capital Increase
SANDPIPER Digital Payments AG successfully completes placement of CHF 4.3
million
08.12.2016 / 06:55
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SANDPIPER Digital Payments AG successfully completes placement of CHF 4.3
million
-Capital increase of 43 million new shares with shareholder subscription rights
St. Gallen / Switzerland, December 8, 2016:SANDPIPER Digital Payments
AG("SANDPIPER", ISIN: CH0033050961, Ticker: SDP,www.sandpiper.ch), a leading
company in Europe for cashless payment systems and services successfully
completed its capital increase. totalling 43,288,684 bearer shares (no-par
shares) on the basis of a subscription price of CHF 0.10 per new share.
The Company's registered share capital will be increased to 211,695,028 shares,
each with a notional value of CHF 0.10 per share.
Trading of the new shares under the existing ISIN CH0033050961 is scheduled for
December 9, 2016.
Dr. Cornelius Boersch, President of Sandpiper, comments on the successful
placement: "With the extra funds available, we are able to implement our "Buy
and Build" strategy consequently and pursuing several strategic options and
growth opportunities for 2017".
About SANDPIPER
SANDPIPER Digital Payments AG,www.sandpiper.ch, is a stock-listed technology
holding based in St. Gallen, Switzerland. The company is focused on the
consolidation of the fragmented payment landscape in Europe by pursuing a "buy &
build" strategy in the area of digital cashless payments and access control.
SANDPIPER is already today one of the largest providers of closed-loop payment
systems in Europe. SANDPIPER solutions provide safe and intuitive payment
technologies based on RFID/NFC and mobile applications for markets such as
Retail, Education, Stadium, and Events.
Volker Rofalski, Tel: +41-44-783 80 30; Fax: +41-44-783 80 40,
Internet:www.sandpiper.ch
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Additional features:
Document:http://n.eqs.com/c/fncls.ssp?u=TBGCKLGUHJ
Document title: SANDPIPER_Capital-Increase_2016
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End of Corporate News
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Language: English
Company: Sandpiper Digital Payments AG
Poststrasse 17
9001 St. Gallen
Switzerland
Phone: +41 44 783 80 49
Fax: +41 44 783 80 40
E-mail: news@sandpiper.ch
Internet: www.sandpiper.ch
ISIN: CH0033050961
Valor: A0MYNQ
Listed: BX Berne eXchange
End of News EQS Group News Service
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