Bitcoin Group SE - M&A Activity 2018

News Details

Ad-hoc | 15 January 2018 21:02

Bitcoin Group SE acquires stake in Sineus Financial Services GmbH

Bitcoin Group SE / Key word(s): Investment

Bitcoin Group SE acquires stake in Sineus Financial Services GmbH

15-Jan-2018 / 21:02 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP – a service of EQS Group AG.

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

Bitcoin Group SE acquires stake in Sineus Financial Services GmbH

Herford, January 15, 2018 – Bitcoin Group SE announces that today the agreement to acquire 50% of the shares in Sineus Financial Services GmbH, based in Melle, Lower Saxony, has been notarized. The purchase price is in the lower six-digit range. The transaction is subject to the condition precedent of approval by the relevant regulatory authorities. Closing is planned for the first half of 2018.

Sineus Financial Services GmbH is a financial services institution registered by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) in the Register of Independent Fee-based Investment Advisors in accordance with section 93 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG) with a license for the provision of investment services, investment advice and contract brokerage. In the purchase contract, Bitcoin Group SE has granted itself the right that the subsidiary Bitcoin Deutschland AG, as a contract bound broker of Sineus Financial Services GmbH can provide investment brokerage of cryptocurrencies in accordance with section 2 paragraph 10 of the German Banking Act (Kreditwesengesetz – KWG) in accordance with section 1 paragraph 1a sentence 2 no. 1 KWG if required.

Contact:

Bitcoin Group SE

Michael Nowak

D-Nordstrasse 14

32051 Herford

mail: [email protected]

phone.: +49.5221.69435.20

fax: +49.5221.69435.25

website: www.bitcoingroup.com

Investor Relations contact:

CROSS ALLIANCE communication GmbH

Susan Hoffmeister

phone.: +49.89.89827227

mail: [email protected]

website: www.crossalliance.com

15-Jan-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.dgap.de


Language:	English
Company:	Bitcoin Group SE
	Nordstrasse 14
	32051 Herford
	Germany
Phone:	+49.5221.69435.20
Fax:	+49.5221.69435.25
E-mail:	[email protected]
Internet:	www.bitcoingroup.com
ISIN:	DE000A1TNV91
WKN:	A1TNV9
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf (Primärmarkt), Frankfurt, Hamburg, Munich, Stuttgart, Tradegate Exchange