News Detail

SANDPIPER Digital Payments AG successfully completes placement of CHF 12 million

Sandpiper Digital Payments AG / Key word(s): Capital

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, 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,, 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

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.


Language:    English                        
Company:     Sandpiper Digital Payments AG  
             Poststrasse 17                 
             9001 St. Gallen                
Phone:       +41 44 783 80 49               
E-mail:      This email address is being protected from spambots. You need JavaScript enabled to view it.              
ISIN:        CH0033050961                   
Valor:       A0MYNQ                         
Listed:      Foreign Exchange(s) BX         
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