Company Name: iSignthis
Announcement Date: 20/06/2017
Announcement Category: Other
Announcement Content:
Headlines:
- iSignthis Ltd begin trading under the code TA8 on the Frankfurt Stock Exchange (FSE).
Frankfurt, 20th June 2017 - Australian Securities Exchange (ASX) listed iSignthis Ltd (ASX: ISX) is pleased to announce that it has today cross listed on the Frankfurt Stock Exchange (FSE) under the code "TA8".
Investors may purchase iSignthis securities directly on either the ASX or FSE.
John Karantzis, iSignthis CEO and Managing Director, said "We are excited to announce the listing of our shares on the Frankfurt Stock Exchange. As a Regtech focused primarily on the European market, cross listing iSignthis on the Frankfurt Stock Exchange is a logical step. Our European customer base is growing rapidly through the execution of our Paydentity strategy, and this is attracting increasing interest in iSignthis from investors in Germany and across Europe.
The cross-listing is in alignment with our Paydentity European focus, and will provide iSignthis with access to a deep pool of new potential investors that will help to expand our shareholder base, increase liquidity and introduce iSignthis to a wider audience across Europe.
As an authorised European Monetary Financial Institution, we see the FSE as being a significant part of our forward strategy, in order to provide transparency, exposure and opportunity to EU retail and institutional investors. We commence trading on the FSE under the code TA8 today, as well as in Australia under ASX code ISX."
No additional capital or securities have been issued as part of the cross listing, and therefore there has been no dilutive effect. iSignthis anticipates the Frankfurt listing will increase trading liquidity and facilitate investment in the Company by institutional and retail investors in Germany and across Europe.
Announcement URL: http://www.asx.com.au/asxpdf/20170620/pdf/43k1xgl54zdb35.pdf
About iSignthis:
Australian Securities and Frankfurt Stock Exchange listed iSignthis Ltd (ASX : ISX / FRA : TA8) is the only neobank focussed on making business banking simpler. We are the global leader in remote identity verification, payment authentication and payment processing to meet AML/CFT requirements. iSignthis provides an end-to-end on-boarding service for merchants, with unified deposit taking, IBAN accounts, payments, card acquiring and identity service via our Paydentity and ISXPay® solutions.
By converging payments and identity, iSignthis delivers regulatory compliance to an enhanced customer due diligence standard. We offer global reach to any of the world’s 4.2Bn ‘bank verified’ card or account holders, that can be remotely on-boarded to regulated merchants in as little as 3 to 5 minutes.
iSignthis is the trusted back office solution for regulated entities, allowing our customers to stay ahead of the regulatory curve and focus on growing their core business.
We are a principal of Visa, Mastercard, JCB, ChinaUnionPay and AMEX.
Go to Company Profile for: iSignthis
Announcement Contact: [email protected]
