Brief: SANDPIPER expects change in shareholder structure

Sandpiper Digital Payments AG

14/12/2017 08:26

Dec 13 (Reuters) - SANDPIPER DIGITAL PAYMENTS AG  SDPP.BN : 
    * SAID ON WEDNESDAY HAD BEEN INFORMED THAT A MAJOR 
SHAREHOLDER 
PLANS TO PERFORM A SO CALLED "CARVE OUT" 
    * MOUNTAIN PARTNERS AG, THE LARGEST SHAREHOLDER OF SANDPIPER 
WITH 
ALMOST 46 PCT SHAREHOLDING, INTENDS TO DISTRIBUTE ITS SHARES IN 
SANDPIPER TO ITS OWN SHAREHOLDERS, THEREBY SIGNIFICANTLY 
INCREASING THE FREE FLOAT IN THE COMPANY 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEQ3d0tZva 
     
 Further company coverage:  SDPP.BN   
    
 
 
 (Gdynia Newsroom) 
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