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Digital Identification Solutions AG approves the capital increase against contribution in kind
Digital Identification Solutions AG, Esslingen (WKN A0JELZ, ISIN DE000A0JELZ5) informs that the Management and Supervisory Board of Digital Identification Solutions AG resolved to completely use the authorized capital 2010 and to issue 1,071,525 new shares of the company by a capital increase against contribution in kind - excluding the subscription rights of the shareholders - to Matica Holding S.A., Lugano, Switzerland. Thereby, the current nominal capital of Digital Identification Solutions AG in the amount of EUR 2,143,050.00 will be increased by EUR 1,071,525.0 to EUR 3,214,575.00. The capital increase becomes effective with registration into the commercial register.
In context with the resolved capital increase Matica Holding S.A. contributes 1,452,625.00 shares of Matica Systems S.p.A., Novara, Italy, to Digital Identification Solutions AG. This equals approximately 33.61% of the nominal capital of Matica Systems S.p.A..
Matica Systems S.p.A. is a global player that designs, manufactures and distributes systems to issue cards (e.g. credit cards) and identification documents (e.g. ID cards, passports).
By acquisition of the shares of Matica Systems S.p.A. the competiveness of the Company shall be enhanced, furthermore the capitalized value and the company value shall be increased, especially by establishing synergies.
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