Published On: 28. May 2021| Categories: Investor Relations| 0.9 min read| 187 words|

Non-cash capital increase

InterCard AG Informationssysteme is increasing its shares in the Swiss subsidiary company Polyright from 61.03% to 100%. The takeover of the shares is taking place within the framework of an increase in capital against a non-cash contribution through the issue of 161,663 new shares from the approved capital and under exclusion of the right to purchase. The new shares are entitled to dividends from 1.1.2021.

The increase in capital is being registered in the commercial register but has not yet been entered. After registration the capital stock of InterCard AG Informationssysteme will increase by EUR 161,663 from EUR 1,859,000 today to EUR 2,020,663, divided into 2,020,663 no-par shares.

The takeover is taking place within the framework of the previously announced further integration of the companies of InterCard. Thus Polyright will be merged with the second Swiss 100-percent subsidiary Multi-Access during the remaining months of this year. The announced fusion of the German subsidiary company Multicard with InterCard GmbH Kartensysteme was recently entered into the Commercial Register.

With the integration of existing subsidiaries and the evaluation of new takeover options, InterCard AG Informationssysteme continues to pursue its aim of creating more innovation for larger shared markets.

IR Contact

Stefan Thoma
SECANDA AG
Marienstrasse 10
D-78054 Villingen-Schwenningen

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All documents are available as an English translation; in the event of discrepancies, the German version of the document takes precedence over the English translation. For technical reasons, there may be discrepancies between the accounting documents contained in this document and those published due to legal requirements.

The documents provided on this website contain statements related to our future business and financial performance and future events or developments involving SECANDA Group that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning.

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We may also make forward- looking statements in other reports, in prospectuses, in presentations, in material delivered to shareholders and in press releases. In addition, our representatives may from time to time make oral forward- looking statements. Such statements are based on the current expectations and certain assumptions of SECANDA’s management, of which many are beyond SECANDA’s control. These are subject to a number of risks, uncertainties and factors, including, but not limited to, those described in disclosures, in particular in the chapter Report on expected developments and associated material opportunities and risks in the Annual Report and in the Half-year Financial Report, which should be read in conjunction with the Annual Report. Should one or more of these risks or uncertainties materialize, events of force majeure, such as pandemics, occur or should decisions, assessments or requirements of regulatory authorities deviate from our expectations, or should underlying expectations including future events occur at a later date or not at all or assumptions prove incorrect, actual results, performance or achievements of SECANDA may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. SECANDA neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.

All documents are available as an English translation; in the event of discrepancies, the German version of the document takes precedence over the English translation. For technical reasons, there may be discrepancies between the accounting documents contained in this document and those published due to legal requirements.

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