cashcloud

DGAP-Adhoc: Cashcloud AG: Cashcloud AG reacts to trade suspension


DGAP-Ad-hoc: Cashcloud AG / Key word(s): Letter of Intent/Temporary Suspension
Cashcloud AG: Cashcloud AG reacts to trade suspension

13.07.2016 / 09:30
Disclosure of an inside information according to Article 17 MAR.
The issuer is solely responsible for the content of this announcement.

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Ad hoc Announcement of Cashcloud AG

13 July 2016

Cashcloud AG reacts to trade suspension

Basel, July 13, 2016. The Board of Directors of Cashcloud AG (Basel) has decided
the following regarding the continuing suspension of trading:

1. It shall be invited on August 2, 2016 a general meeting which is to approve
the realignment.

2. An opinion of an international auditing company determines the value of the
operating business through a fairness opinion.

3. The Board is in his responsibility for the company is taking appropriate
measures for the implementation.

4. An investor group takes over then with the Luxembourg Cashcloud SA the
business operations with the related assets and brings the necessary capital for
the planned expansion.

5. For speedy implementation a contract is concluded, which is subject to
approval by the General Assembly.

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Information and Explanation of the Issuer to this News:

About Cashcloud AG

The cashcloud solution, which has won numerous internationally recognised
awards, sets innovative standards in the fast-growing digital and mobile payment
transaction market. Available in Germany, France, Spain and the Netherlands, the
application has generated more than 185.000 registered users already.

The solution is complemented with a prepaid MasterCard(R) and an NFC sticker
based on a partnership with MasterCard(R), making cashless and contactless
payments and money transfers between friends easier than ever before. Cashcloud
is opening up global market potential with innovative solutions and superior
technology.

The shares of Cashcloud AG (symbol: KCC; ISIN CH0132106482) are listed on the
General Standard of Deutsche Börse AG.

Contact for press:
press@cashcloud.com

Contact for investors:
investors@cashcloud.com

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13.07.2016  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:  Cashcloud AG

          Steinenvorstadt 13

          4051  Basel

          Switzerland

Phone:    +41 61 638 2052

Fax:      +41 61 638 2025

Internet: www.cashcloud.ag

ISIN:     CH0132106482

WKN:      A14NYB

Listed:   Regulated Market in Frankfurt (General Standard); Regulated Unofficial
Market in Stuttgart


End of News DGAP News Service
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