on Payments Group Holding (ETR:DE000A1M)
The Payments Group Holding Offers Subscription of Treasury Shares
The Payments Group Holding GmbH & Co. KGaA (PGH), based in Frankfurt, has announced a public offer for its shareholders to subscribe to treasury shares. This decision, approved by PGH's Supervisory Board, allows shareholders to purchase up to 2,850,000 shares at €0.35 each, totalling €1.0 million. The offer runs from November 25 to December 9, 2025, with a 4:1 subscription ratio. PGH's CEO, family members, and board members will purchase shares in a similar ratio.
This initiative aims to secure liquidity for PGH amidst ongoing legal disputes with SGT Capital Group, involving claims of €6.0 million. If the share sale is unsuccessful, PGH's sustainability could be threatened. The company is deferring management fees to conserve cash until acquiring The Payments Group, which includes four PayTech firms.
R. E.
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