Issue of bond loan cancelled
Brussels, Belgium, 20 December 2012 - Electronic payment specialist KEYWARE (EURONEXT Brussels: KEYW) confirms its future as a company listed on the stock exchange. The Board of Directors also announces that the planned bond loan will not be issued.
In recent weeks, the Board of Directors of Keyware Technologies assessed Keyware's future as a listed company. After consulting the principal shareholders, the Board of Directors concluded that more than ever, Keyware should move forward as a company that is listed on the stock exchange. Not only did a number of reference shareholders indicate that they wanted to stay listed because of the share's liquid character; the listing also matches the company's long-term strategy. The listing provides true added value for the company, as proven by the recently executed capital operations.
The Board of Directors has also decided not to issue the announced bond loan.
Keyware wishes to emphasise that the cancellation of the bond loan issue does not affect the group's continuity. The reference shareholders confirm their continued trust in the group and their continued financial support of the group if necessary.
About Keyware
Keyware (EURONEXT Brussels: KEYW) is a leading solution provider for electronic payments, loyalty systems, identity applications and related transaction management. Keyware is based in Zaventem, Belgium. More information is available on www.keyware.com.
For further information, please contact:
Mr. Stéphane Vandervelde
President & CEO
Keyware Technologies
Tel: +32 (0)2 346 25 23
ir@keyware.com
www.keyware.com
distributed by |