AEVIS VICTORIA SA / Key word(s): Disposal
17-Jul-2019 / 17:35 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.
Fribourg, 17 July 2019
AEVIS VICTORIA SA: Sale of the 15.5% stake in iKentoo SA to Lightspeed POS Inc.
AEVIS VICTORIA SA (AEVIS) has sold its 15.5% participation in iKentoo SA to the Canadian company Lightspeed POS Inc., one of the world’s leading POS and e-commerce software providers. With this sale, AEVIS realises a gain of approximately CHF 1.3 million, representing a return on investment of approximately 30%. AEVIS bought this stake in the Swiss company iKentoo SA, specialised in developing iPad-based POS and business management systems for the hospitality industry, back in June 2017.
For further information:
AEVIS VICTORIA SA – Investing for a better life
End of ad hoc announcement