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Heisse Kursawe Eversheds advised Digital Identification Solutions AG on an increase of non-cash capital

  • Germany

    15-03-2012

    Digital Identification Solutions AG (DISO) issued 1,071,525 new shares in the company to Matica Holding S.A. with its registered office in Lugano, Switzerland, by way of an increase of non-cash capital under the exclusion of the shareholders' subscription right. As a result, the nominal capital of DISO, which is listed in the Entry Standard, amounting to EUR 2,143,050.00 is increased by EUR 1,071,525.00 to EUR 3,214,575.00. In return, Matica Holding S.A. brings 1,452,625 shares in Matica Systems S.p.A., Novara, Italy, into Digital Identification Solutions AG. This corresponds to approximately 33.61 % of the nominal capital of Matica Systems S.p.A.. The capital increase becomes effective upon registration with the commercial register.

    A team of the international law firm Heisse Kursawe Eversheds under the aegis of Dr. Oliver Maaß (Corporate) comprehensively advised DISO. Julie Ann Schreier as well as Wolfgang Troidl (both Corporate) supported Dr. Maaß with the provision of advice to DISO.

    DISO with its registered office in Esslingen is a leading international provider of solutions in the area of digital personal identification. The company has sales, marketing and support centres in Germany, Italy, the United Arab Emirates, China, the USA and Mexico. Matica Systems S.p.A. is a company which designs, manufactures and distributes machines for cards (e.g. credit cards) and identification cards (e.g. passports, identity cards) worldwide. By acquiring the shares in Matica Systems S.p.A., DISO's competitiveness as well as the profitability and the company value shall be increased, in particular by creating valuable synergies.

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