Brief: Paragon ID Increases Its Stake In Airweb

Paragon Id SA

17/11/2020 17:23

Nov 17 (Reuters) - PARAGON ID SA  PID.PA :
    * PARAGON ID INCREASES ITS STAKE IN AIRWEB, LEADER IN MOBILE
TICKETING FOR PUBLIC TRANSPORT - PARAGON ID CONTINUES ITS
DEVELOPMENT IN DIGITAL OFFERS
    * ACQUIRED AN ADDITIONAL 30% OF CAPITAL OF COMPANY AIRWEB
    * GROUP HAD PREVIOUSLY ACQUIRED 50% OF SHARE CAPITAL IN
AIRWEB, IN
NOVEMBER 2018.
    * IN ADDITION, PARAGON ID HAS AN OPTION TO ACQUIRE REMAINING
AIRWEB SHARE CAPITAL (20%) BY END OF 2024

Source text for Eikon:  ID:nACT66179 
Further company coverage:  PID.PA 

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