SANDPIPER Digital Payments AG: change in the shareholder structure
- Execution of the carve-out proceeds as planned
- Entry of Institutional investors
St. Gallen / Switzerland, 12th of February 2018: SANDPIPER Digital Payments AG (BX Berne eXchange, Ticker: SDP, www.sandpiper.ch, Open Market, Frankfurt, ISIN: CH0033050961), with focus on digital payment systems and access control solutions, announces an update regarding the "carve-out" initially communicated on the 5th of December 2017.
BH Capital Management AG has communicated that its shareholding has fallen from 45.9% to 17.8%. More than 50 shareholders have currently made use of the offered share-swap. On the 8th of February 2018 it has been communicated to the company, that the I|A|F|A Global Opportunities SICAV, Luxemburg, has exceeded the threshold of 3% and now holds 3.1% of SANDPIPER Digital Payments. On the 9th of February 2018 it has been communicated to the company, that Manfred Rietzler has exceeded the threshold of 5% and now holds 6.5%.
As announced, the measures taken allow the company's free float to expand and make the entry of new institutional and strategic investors easier.
About SANDPIPER Digital Payments AG
SANDPIPER Digital Payments AG, www.sandpiper.ch, is a stock-listed holding company with a focus on innovative payment systems, solutions for marketing and customer retention as well as IT-services, access control and security. The company ranks amongst the leading and largest operators of closed- and open-loop proximity payment solutions in field of high schools, events and digital content networks.
SANDPIPER holds a majority stake in the companies Multicard NL B.V., InterCard AG Informationssysteme, Ergonomics AG, IDpendant GmbH as well as PAIR Solutions GmbH.
Contact: email: [email protected]; Tel: +41-44-7838030; Fax: +41-44-7838040; Website: www.sandpiper.ch