Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payment, was informed that Bpifrance had acquired a 5.5% stake in the Group's share capital from Morpho, a wholly owned subsidiary of Safran.
Ingenico Group welcomes Bpifrance within its capital, which reflects the Group's success and its unique positioning in the payment ecosystem.
In this context, the Board of Directors will support the appointment of an independent board member from a list of candidates proposed by Bpifrance. The Group will continue to ensure that its Board of Directors represents all shareholders to ensure independence and governance best practices.
Philippe Lazare, Chairman and CEO of Ingenico Group, commented: "We are very pleased with Bpifrance entering group capital as a long-term shareholder to support the implementation of our development strategy across the globe. The Group will continue to focus on creating value for all its shareholders."
Ingenico Group welcomes Bpifrance within its capital, which reflects the Group's success and its unique positioning in the payment ecosystem.
In this context, the Board of Directors will support the appointment of an independent board member from a list of candidates proposed by Bpifrance. The Group will continue to ensure that its Board of Directors represents all shareholders to ensure independence and governance best practices.
Philippe Lazare, Chairman and CEO of Ingenico Group, commented: "We are very pleased with Bpifrance entering group capital as a long-term shareholder to support the implementation of our development strategy across the globe. The Group will continue to focus on creating value for all its shareholders."
