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KPS AG
Share Issue/Capital Change • Jun 30, 2017
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Share Issue/Capital Change
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Corporate | 30 June 2017 14:05
KPS AG: Expanding the scope of shareholders through reallocation of 4,390,000 shares
DGAP-News: KPS AG / Key word(s): Miscellaneous
30.06.2017 / 14:05
The issuer is solely responsible for the content of this announcement.
KPS AG: Expanding the scope of shareholders through reallocation of 4,390,000 shares
Unterföhring/Munich, 30 June 2017
With the participation of ODDO SEYDLER BANK AG, Frankfurt am Main, the four founders and principal shareholders of KPS AG (ISIN: DE000A1A6V48), Michael Tsifidaris, Dietmar Müller, Leonardo Musso and Uwe Grünewald, reallocated a total of 4,390,000 KPS shares to the institutional investors Allianz Global Investors, DWS, and Union Investment. The volume of the reallocation amounts to approximately 11.7% of the registered capital. The selling price per share is EUR 12.50. The company expects the relevant settlement of the transaction to be completed today. The four main shareholders will then retain an interest in KPS AG of around 67.1%.
“We are proud of the trust placed in the company by these renowned investors and of their long-term commitment. With this expansion of the circle of shareholders, KPS AG has taken a major step towards qualifying for inclusion into a selection index of Deutsche Börse”, says Michael Tsifidaris, chairman of the supervisory board of KPS.
About KPS
KPS is Europe’s leading management consulting firm for business transformation and process implementation in the retail sector. The company offers end-to-end strategy and process consulting, with extensive implementation expertise in digital customer management, e-commerce and ERP. KPS customers profit from the vast project experience and deep sector knowledge of its consultants, enabling them to drive omnichannel and digital transformation projects to rapid success. With its proprietary Rapid Transformation(R) methodology, KPS has cut project turnaround times by up to 50 percent.
Founded in 2000, KPS employs about 800 consultants at its corporate headquarters in Munich with five additional locations throughout Germany and branch offices in Denmark, Austria, the Netherlands, Switzerland and the US. KPS plans to expand its market position in the retail and consumer goods sectors in the coming years through pioneering projects in all aspects of digital transformation.
KPS AG
Betastrasse 10H
85774 Unterföhring
Germany
Tel.: +49 (0) 89 356 31-0
Fax: +49 (0) 89 356 31-3300
Email: [email protected]
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Freihamerstrasse 2
82166 Gräfelfing/Munich
Tel.: +49 (0) 89 898 272-27
Email: [email protected]
30.06.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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| Language: | English |
| Company: | KPS AG |
| Beta-Str. 10 h | |
| 85774 Unterföhring | |
| Germany | |
| Phone: | +49 (0)89 356 31-0 |
| Fax: | +49 (0)89 356 31-3300 |
| E-mail: | [email protected] |
| Internet: | www.kps.com |
| ISIN: | DE000A1A6V48 |
| WKN: | A1A6V4 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| End of News | DGAP News Service |