The shareholders of Austriacard Holdings AG allocated 15.05% of the company's share capital to special investors, increasing the shares' percentage of distribution.

In particular, Austriacard Holdings AG welcomes the investment of the special investors in 5,470,321 ordinary bearer shares of the company. "We are extremely pleased to be informed of this successful private placement," said Manolis Kontos, Group CEO. He said, "This transaction is an important development as it demonstrates the confidence of investors in our company and further strengthens our corporate governance. We are confident that this presence of qualified investors will contribute to the continued growth and success of AUSTRIACARD HOLDINGS AG as a listed company," he added.

In addition, the company notes that there has been further notification from the majority shareholder, Nikolaos Lykos, that he has agreed to a lockup for 180 days from the placement, which we believe will further enhance the stability of the share price.