19.10.2016
FinTech Group AG DE000FTG1111
DGAP-News: FinTech Group AG now controls 98% of XCOM AG's voting rights
DGAP-News: FinTech Group AG / Key word(s): Takeover
FinTech Group AG now controls 98% of XCOM AG's voting rights
19.10.2016 / 06:45
The issuer is solely responsible for the content of this announcement.
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FinTech Group now controls 98% of XCOM AG's voting rights
Frankfurt am Main - FinTech Group AG (new WKN: FTG111, new ISIN:
DE000FTG1111, Ticker Symbol: FLA.GR) has reached an agreement with
significant minority shareholders of its XCOM AG technology subsidiary and
ensured that it has options to purchase approximately an additional 18% of
the shares.
This means that FinTech Group AG, which already in July 2016 held more than
75% of XCOM's shares, now has access to more than 98% of the voting rights.
The options can be exercised during the next 12 months.
Frank Niehage, CEO of FinTech Group AG, states: "As announced, we have
again increased our share in XCOM AG. We have thus taken an important
further step toward the definitive integration of XCOM AG into our Group.
We are pleased to have reached this strategic milestone."
Contact:
Roman Kessler
[email protected]
Head of Communications
FinTech Group AG
Rotfeder-Ring 5
D-60327 Frankfurt/Main
+49 (0) 69 450001 041
[email protected]
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19.10.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: FinTech Group AG
Rotfeder-Ring 5
60327 Frankfurt am Main
Germany
Phone: +49 (0) 69 450001 041
E-mail: [email protected]
Internet: www.fintechgroup.com
ISIN: DE000FTG1111, DE0005249601
WKN: FTG111
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Munich, Stuttgart, Tradegate Exchange; Open
Market (Entry Standard) in Frankfurt
End of News DGAP News Service
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512627 19.10.2016
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