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Keyware Technologies NV — Share Issue/Capital Change 2016
Jun 14, 2016
3970_mrq_2016-06-14_cd9b1462-6ed9-4220-b5ab-c7e41543b6b3.pdf
Share Issue/Capital Change
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PRESS RELEASE 14 June 2016 – 20.00 CET
Keyware: regulated information with respect to the Law of 2 May 2007
Brussels, Belgium – 14 June 2016 – Keyware (EURONEXT Brussels: KEYW), a leading supplier of electronic-payment solutions, loyalty systems, identity applications and related transaction management, discloses the following information as foreseen by article 15§1 and 18§1 of the Law of 2 May 2007 and by the Royal Decree of 14 February 2008 on the disclosure of significant participations in listed enterprises:
| Caption: | Situation on 14 June 2016 |
|---|---|
| Basic information | |
| Capital: | 7,857,343.58 EUR |
| Total number of voting securities: | 21,188,793 |
| Total number of voting rights ('the denominator'): | 21,188,793 |
| Additional information | |
| Total number of rights, represented by securities, to subscribe for voting securities still to be issued |
|
| (Warrants): | 2,355,000 |
| Total number of voting rights which can be acquired when exercising these | |
| conversion or subscription rights (Warrants): | 2,355,000 |
Each Warrant gives right to one share upon exercising.
The underlying reason for the change is twofold.
Firstly, a capital decrease wiping away losses took place on 27 May 2016, as a result of which the capital has been reduced to 7,811,093.58 EUR. The capital decrease did not trigger the destruction of any shares. Only the par value of the shares has been adapted.
Afterwards a capital increase took place on 13 June 2016 by the exercise of 125,000 Warrants, as a result of which capital has been increased to 7,857,343.58 EUR and 125,000 shares have been issued.
As per the legally foreseen thresholds as per those contained in the articles of association (article 8 of the articles of association of the company Keyware Technologies NV), a notification is required in case an acquisition of voting rights reaches or exceeds a 5% threshold or a multiple thereof (increments of 5%).
About Keyware
Keyware (EURONEXT Brussels: KEYW) is a leading supplier of electronic payment solutions, loyalty systems, identity applications and related transaction management. Keyware is based in Zaventem, Belgium. More information is available on www.keyware.com.
For additional information, please contact:
Mr Stéphane Vandervelde President & CEO Keyware Technologies NV Tel: +32 (0)2 346.25.23 [email protected] www.keyware.com