27.11.2013

Wirecard acquires PT Aprisma Indonesia


Wirecard AG  / Key word(s): Acquisition

27.11.2013 08:15

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Wirecard Group, Munich-based Tech Company and Payment Specialist, is continuing its expansion into Asia and has today agreed to purchase all shares in Jakarta headquartered PT Aprisma Indonesia. PT Aprisma Indonesia was established in 2000 and employs approximately 250 staff. The Company will be sold by its founder and owner who will remain in the management team.

The purchase price, payable in connection with this transaction including the assumption of liabilities, amounts in total to EUR 73.8 million. In addition, two earn out-components of up to approx. EUR 14.7 million have been agreed, which are, dependent on the operational profit of the acquired company in the years 2014 to 2015.
It is expected that the acquisition will contribute an amount of approx. EUR 6.5 million to the consolidated operational earnings before interest, taxes, depreciation and amortization (EBITDA) of Wirecard Group in the fiscal year 2014. One-off cost for integration will presumably amount to approx. Euro 1.0 million. The closing of the transaction can be expected in the first quarter of 2013, subject to the approval of the relevant authorities in Indonesia.

With its software solutions, based on Service-Oriented-Architecture (SOA), PT Aprisma is one of the leading payment service providers in the region. The client portfolio consists of the 20 leading banks and telecommunication companies in Indonesia as well as clients in Malaysia, Singapore and Thailand.
The transaction-based software platform provides solutions in the field of online- and mobile banking, mobile tokenization tools to protect mobile and online transactions, furthermore B2B and B2C-oriented online payment.
Strategically Wirecard is planning to internationalize these value added services throughout Asia and to adopt in particular the mobile applications as value added services for the European market.

Contact:
Iris Stöckl 
VP Corp.Com./IR 
Tel.: +49 (0)89-4424-1424
e-Mail: iris.stoeckl@wirecard.com
http://www.wirecard.com
ISIN DE0007472060
Reuters: WDI.GDE
Bloomberg: WDI GY


27.11.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

 
Language:     English
Company:      Wirecard AG
              Einsteinring 35
              85609 Aschheim b. München
              Germany
Phone:        +49 (0)89-4424 1400
Fax:          +49 (0)89-4424 1500
E-mail:       ir@wirecard.com
Internet:     www.wirecard.com
ISIN:         DE0007472060
WKN:          747206
Indices: TecDAX, Prime All Share, Technology All Share Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart  
End of Announcement DGAP News-Service  



Kontakt:

Kontakt Investor Relations: +49 (0) 89 4424 1788

Kontakt Formular Investor Relations:

Anrede*
Land
Sicherheitsfeld:*