UMT United Mobility Technology AG - M&A Activity 2017

News Details

Ad-hoc | 9 May 2017 18:16

UMT United Mobility Technology AG acquires majority of PEACHES Mobile GmbH

UMT United Mobility Technology AG / Key word(s): Miscellaneous

09-May-2017 / 18:16 CET/CEST

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

Munich, 09 May 2017

Ad hoc release

UMT United Mobility Technology AG acquires majority of PEACHES Mobile GmbH

UMT United Mobility Technology AG has acquired 51 percent of PEACHES Mobile GmbH, Wiesbaden, which will be named UMT PEACHES Mobile GmbH in future. The purchase price was paid in cash and treasury shares.

By taking over the majority of PEACHES Mobile GmbH, UMT has also acquired prelado, one of the leading Internet portals for digital prepaid mobile and gift vouchers in Germany. prelado is to be integrated into the existing UMT Mobile Payment and Loyalty platform. UMT United Mobility Technology AG expects a positive contribution and impact to the Group’s growth and results.

UMT United Mobility Technology AG

Investor Relations

Brienner Strasse 7

80333 Munich

Germany

E-Mail: [email protected]

T: +49 89 20500-680

F: +49 89 20500-555

www.umt.ag

09-May-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language:	English
Company:	UMT United Mobility Technology AG
	Brienner Straße 7
	80333 München
	Germany
Phone:	+49 (0) 89 20 500 680
Fax:	+49 (0) 89 20 500 555
E-mail:	[email protected]
Internet:	www.umt.ag
ISIN:	DE0005286108
WKN:	528610
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange; Open Market (Basic Board) in Frankfurt