DGAP-Adhoc: SANDPIPER Digital Payments AG successfully completes placement of CHF 12 million
20.11.2014 – 07:03
EQS Group-Ad-hoc: Sandpiper Digital Payments AG / Key word(s): Capital Increase SANDPIPER Digital Payments AG successfully completes placement of CHF 12 million 20.11.2014 / 07:00 Release of an ad hoc announcement pursuant to Art. 18 KR. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------- St. Gallen, November 20, 2014 - The listed company SANDPIPER Digital Payment AG (ISIN: CH0033050961, Ticker: SDP, www.sandpiper.ch) has successfully completed its capital increase totalling 48,093,017 bearer shares (no-par shares) on the basis of a subscription price of CHF 0.25 per new share. The Company's registered share capital will be increased to 151,294,892 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 November 21, 2014. Dr. Cornelius Boersch, President of Sandpiper, comments on the successful placement: "The interest shown by investors indicates, that we are on the right track. With the extra funds available, we are able to implement our "Buy and Build" strategy consequently." About SANDPIPER Digital Payments AG 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 was established as a special purpose acquisition company in early 2014. The shares are listed on Berne Stock Exchange. 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. Contact Volker Rofalski, Tel: +41-44-783 80 30; Fax: +41-44-783 80 40, Internet: www.sandpiper.ch End of ad hoc announcement +++++ Additional features: Document: http://n.equitystory.com/c/fncls.ssp?u=RBGWOQMDIW Document title: SANDPIPER_Capital Increase_141120 --------------------------------------------------------------------- 20.11.2014 News transmitted by EQS Schweiz AG. www.eqs.com - news archive: http://switzerland.eqs.com/de/News The issuer is responsible for the contents of the release. --------------------------------------------------------------------- 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: Foreign Exchange(s) BX End of News EQS Group News-Service --------------------------------------------------------------------- 298214 20.11.2014