Wirecard AG
Wirecard AG acquires European customer portfolio and pursues international expansion
Wirecard AG / Acquisition Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Munich/Grasbrunn, October 11, 2007 – Frankfurt Stock Exchange TecDax listed Wirecard AG has agreed today to acquire a European customer portfolio for electronic payment processing. The acquisition includes several payment service providers (PSP) operating in different European countries, including a customer base of approx. 1,000 agreements. These customers are internet merchants mainly in the areas of consumer goods, digital goods and airline/travel primarily focussing on the markets in Western and Central/Eastern Europe. Wirecard AG will acquire all shares outstanding in Trustpay International AG, holding all shares in the payment service providers. The total consideration will be approx. 48 million EUR. The utmost part will be paid in cash and will be due for payment in two nearly equal instalments, the first rate as of closing in the course of this month, the second instalment as of October 30, 2008. The management board of Wirecard intends to partially finance the purchase price by debt. Wirecard AG expects this acquisition to increase the company’s EBIT per year beginning in 2008 by at least 5 million EUR, taking into account synergies. Investor Relations Iris Stöckl Tel.: +49 (0)89-4424-0424 E-mail: iris.stoeckl@wirecard.com http://www.wirecard.com ISIN DE0007472060 11.10.2007 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Wirecard AG Bretonischer Ring 4 85630 Grasbrunn b. München Deutschland Phone: +49 (0)89-4424 0400 Fax: +49 (0)89-4424 0500 E-mail: ir@wirecard.com Internet: www.wirecard.com ISIN: DE0007472060 WKN: 747206 Indices: TecDAX, Prime All Share, Technology All Share Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München End of News DGAP News-Service ---------------------------------------------------------------------------
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