AEVIS VICTORIA SA — M&A Activity 2019

Jul 17, 2019

News Details

Ad-hoc | 17 July 2019 17:35

AEVIS VICTORIA SA: Sale of the 15.5% stake in iKentoo SA to Lightspeed POS Inc.

AEVIS VICTORIA SA / Key word(s): Disposal

17-Jul-2019 / 17:35 CET/CEST

Release of an ad hoc announcement pursuant to Art. 53 KR

The issuer is solely responsible for the content of this announcement.

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Press release

Fribourg, 17 July 2019

AEVIS VICTORIA SA: Sale of the 15.5% stake in iKentoo SA to Lightspeed POS Inc.

AEVIS VICTORIA SA (AEVIS) has sold its 15.5% participation in iKentoo SA to the Canadian company Lightspeed POS Inc., one of the world’s leading POS and e-commerce software providers. With this sale, AEVIS realises a gain of approximately CHF 1.3 million, representing a return on investment of approximately 30%. AEVIS bought this stake in the Swiss company iKentoo SA, specialised in developing iPad-based POS and business management systems for the hospitality industry, back in June 2017.

For further information:

AEVIS VICTORIA SA Media and Investor Relations: c/o Dynamics Group, Zurich

Philippe R. Blangey, prb@dynamicsgroup.ch, +41 (0) 43 268 32 35 or +41 (0) 79 785 46 32

Séverine Van der Schueren, svanderschueren@aevis.com, +41 (0) 79 635 04 10

AEVIS VICTORIA SA – Investing for a better life

AEVIS VICTORIA SA invests in healthcare, lifestyle and infrastructure. AEVIS VICTORIA′s main shareholdings are Swiss Medical Network SA, the second largest group of private hospitals in Switzerland, Victoria-Jungfrau Collection AG, a luxury hotel group managing four luxury hotels in Switzerland, Infracore SA (19%), a real estate company dedicated to healthcare-related infrastructure, a hospitality real estate division, Medgate (40%), the leading telemedicine provider in Switzerland, and NESCENS SA, a brand dedicated to better aging. AEVIS VICTORIA is listed on the Swiss Reporting Standard of the SIX Swiss Exchange (AEVS.SW).

www.aevis.com.

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End of ad hoc announcement

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