EQS-News: News from AUSTRIACARD HOLDINGS AG (ACAG)

EQS-News: AUSTRIACARD HOLDINGS AG / Key word(s):
Miscellaneous/Miscellaneous
News from AUSTRIACARD HOLDINGS AG (ACAG)

05.07.2023 / 16:23 CET/CEST
The issuer is solely responsible for the content of this announcement.

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AUSTRIACARD HOLDINGS AG wishes to inform investors that since March 23,
2023 that its shares started trading on the Vienna (VSE) and Athens
(ATHEX) Exchanges, and in the context of informing the investing public
about its operations and growth prospects, it has proceeded to the
following investor relations activities:

Participation in investor conferences:

(April 14, 2023): Institutional Investors Conference in Zürs, Austria,
organized by RAIFFEISEN Bank

(June 13, 2023): ATHEX Mid Cap Events in Geneva, Switzerland, organized by
Athens Exchange

(June 22, 2023): ATHEX Mid Cap Events in Paris organized by Athens
Exchange

ACAG continues its investor relations program with further meetings with
institutional investors and brokerages, presenting its strategy and
performance. It plans to take part in the ATHEX Mid Cap Events to be held
in Frankfurt in October 30, as well as in other conferences that will take
place in important financial centers like London.

Furthermore, at the June 30, 2023 AGM, the shareholders of the company
approved an authorization to the management board to adopt a buyback
program for the company’s own shares with a duration of 30 months, which
will allow the purchase of up to 10% of the company’s share capital.

At the same AGM a capital increase by capitalization of reserves was
approved that, following the required regulatory procedures, will lead to
the doubling of shares outstanding, thus a corresponding reduction in the
stock exchange price of the shares is to be expected.. This development,
to be effected when the new shares are admitted for trading in the Vienna
and Athens exchanges, is expected to enhance the tradability of ACAG
shares.

 

ABOUT AUSTRIACARD HOLDINGS AG

AUSTRIACARD HOLDINGS AG, headquartered in Vienna, has an international
presence and is a leading provider of Secure Digital Technology Solutions
in Europe.

AUSTRIACARD HOLDINGS AG is the one of the leading B2B providers of smart
cards, personalization and payment solutions, as well as secure data
management and digitalization solutions, in Austria, Scandinavia, Central
and Eastern Europe and South Eastern Europe, while also having significant
market share in many other European countries and Türkiye. The Group is
expanding fast in geographical areas outside Europe, such as the USA where
it has established a new personalization center, and the Middle East &
Africa where sales units have been developed that have already drawn
significant new business. In addition, the Company has become a payment
products and solutions partner of choice for Challenger Banks/Neo Banks, a
growing market segment world-wide.

The Company has a very strong pan-European operational footprint, reaching
from the United Kingdom to Greece and Türkiye, with seven production
facilities and seven personalization centers in Europe, as well as an
additional personalization center in USA, employing currently around 2,500
people. It also has sales offices in Norway, Czech Republic, Germany,
Croatia, Serbia, Jordan, the UAE and a network of partners and selling
agencies around the world. This footprint enables the provision of a high
service level to our customers, confirmed by the very long-lasting
business relationships. The Group’s international customer base benefits
from a complementary product and services and solutions offering ranging
from bill printing, direct mailing and document processing to payment,
transit and ID cards increasingly bundled with online, mobile and
digitalization transformation solutions.

 

Issuer:   AUSTRIACARD HOLDINGS AG
             Lamezanstraße 4-8
             1230 Vienna
             Austria

Contact person: Dimitris Tzelepis
Tel.:                   +43 1 61065 – 357
E-Mail:               d.tzelepis@austriacard.com
Website:             www.austriacard.com
ISIN(s):               AT0000A325L0
Stock Exchange(s): Vienna Stock Exchange (prime market) , Athens Exchange
(main market)

 

 

 

 

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05.07.2023 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com

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Language: English
Company: AUSTRIACARD HOLDINGS AG
Lamezanstraße 4-8
1230 Vienna
Austria
E-mail: ac.contact@austriacard.com
Internet: https://www.austriacard.com/
ISIN: AT0000A325L0
WKN: A3D5BK
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1673163

Notierung vorgesehen, intended to be listed;

 
End of News EQS News Service

1673163  05.07.2023 CET/CEST

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