OTS (Vienna, 03.03.2020) – As Österreichische Staatsdruckerei Holding AG (OeSD) does not reach the legally required free float of at least 2% of the shares, the Vienna Stock Exchange has ordered the revocation of the admission to official trading and set 13.03.2020 as the last trading day.
The OeSD has been listed on the Vienna Stock Exchange since November 2011; the free float amounts to 1%. As a result of an EU directive, the Stock Exchange Act 2018 was amended, making a minimum free float of at least 2% of the shares mandatory. Chief Executive Officer Robert Schächter: “The company is solid and well positioned. The departure from the Vienna Stock Exchange does not change the fact that for shareholders – including our employees – the OeSD share has been and remains a good investment thanks to a continuous increase in the share price and a noteworthy dividend.” The price of the OeSD share has doubled since its issue in 2011 at a price of EUR 11.50; the average dividend yield is 3%.
OeSD shareholders can sell their shares on the stock exchange until 13 March 2020. The share listing will end after the period set by the Vienna Stock Exchange. Those shareholders who wish to retain their OeSD shares will continue to have all rights after the delisting, such as participation in the Annual General Meeting, including the right to vote, make proposals, request information, speak and receive a dividend payment.
Original ad hoc announcement: https://www.staatsdruckerei.at/investor-relations/ad-hoc-meldungen/
This announcement constitutes neither an offer to purchase securities nor a solicitation of an offer to purchase securities of Österreichische Staatsdruckerei Holding AG.
About OeSD and youniqx Identity AG
Österreichische Staatsdruckerei Holding AG is the parent holding company of Österreichische Staatsdruckerei GmbH (OeSD), an Austrian high-security company focusing on secure identities. As a full-service provider for ID services, it develops, implements and provides personalisation solutions for ID documents, such as the Austrian passport. In 2018, it expanded its portfolio with the in-house digital start-up youniqx Identity AG to include solutions for secure digital identities. With MICK (My Identity Check), MIA (My Identity App), the world’s first system for integrated identity management, and chainlock, the highly secure private key solution for blockchain applications, the company is ideally equipped for the digital future.
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