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Ingenico Group - GCS (ING.PA)

Paris - Paris Delayed price. Currency in EUR
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126.800.00 (0.00%)
At close: 5:35PM CET
Full screen
Previous close126.80
Open125.60
BidN/A x N/A
AskN/A x N/A
Day's range124.95 - 129.25
52-week range64.46 - 151.15
Volume42,716
Avg. volume81,320
Market cap7.916B
Beta (5Y monthly)N/A
PE ratio (TTM)37.75
EPS (TTM)N/A
Earnings date23 Feb 2021 - 01 Mar 2021
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est71.97
  • Globe Newswire

    Implementation of the squeeze out with respect to the Ingenico shares and OCEANEs following the Worldline's friendly tender offer

    Implementation of the squeeze out with respect to the Ingenico shares and OCEANEs following the Worldline's friendly tender offer Bezons and Paris, November 13, 2020 In accordance with the notice published today by the Autorité des marchés financiers (AMF), Worldline will implement on November 19, 2020 a squeeze-out with respect to all Ingenico shares which have not been tendered to the tender offer1, i.e., 2,576,195 Ingenico shares representing 4.04% of the share capital and at most 4.93% of the voting rights2 of Ingenico and of all the Ingenico OCEANEs that were not tendered to the tender offer, i.e. 10,449 Ingenico OCEANEs, representing 0.36% of the number of outstanding OCEANEs. It is specified that the number of Ingenico shares likely to be created as a result of the conversion of the Ingenico OCEANEs not presented in the Offer added to the number of shares not presented in the Offer represent 3.88%3 of the sum of the existing and likely to be created equity securities in connection with the OCEANEs. The compensation to be paid in connection with the squeeze-out will be equal to the price of the secondary cash offer for the shares (i.e., 123.10 euros per Ingenico share) and to the price of the cash offer for the OCEANEs (i.e. 179 euros per OCEANE). The Ingenico shares and OCEANEs will be delisted from Euronext in Paris on November 19, 2020, the date on which the squeeze-out will be implemented. Technical modalities of the squeeze-out Once Euroclear France has closed the affiliates’ accounts, the custody account-keeping institutions will request Caceis Corporate Trust, to make payment of the compensation for the shares registered in their books which have not been tendered to the tender offer, and will credit the accounts of the Ingenico security holders with the compensation due. Caceis Corporate Trust has been appointed by Worldline to act as the custody account-keeper to centralize completion of the transactions in connection with the squeeze-out. The funds corresponding to the compensation not requested by the custody account-keeping institutions on behalf of the beneficiaries will be kept by Caceis Corporate Trust for a period of ten years after the squeeze-out and will be transferred to the Caisse des Dépôts et Consignations following the expiry of such period. Such funds may be claimed at any time by their respective beneficiaries, subject to a thirty-year statute of limitations, after which the funds will become the property of the French State. Availability of documents relating to the offer Worldline's offer document and Ingenico's response document, as approved by the AMF on July 28, 2020 under visa no. 20-370 and visa no. 20-371 respectively, as well as documents relating to the other information relating to the legal, financial, accounting and other characteristics of Worldline and Ingenico as filed with the AMF on July 28, 2020 are available respectively on the AMF website (www.amf-france.org) and on the websites of (www.worldline.com) and Ingenico (www.ingenico.com). These documents may be obtained free of charge from Worldline (80 quai Voltaire, River Ouest, 95870 Bezons) or Ingenico (28-32, boulevard de Grenelle, 75015 Paris), depending on whether they relate to Worldline or Ingenico. Worldline contact Investor RelationsDavid Pierre-Kahn+33 6 28 51 45 96david.pierre-kahn@worldline.com CommunicationSandrine van der Ghinst+32 499 585 380sandrine.vanderghinst@worldline.com PressAnne-Sophie Gentilasgentil@kairosconsulting.fr Ingenico contact Investor RelationsLaurent Marie+33 7 84 50 18 90laurent.marie@ingenico.com PressHélène Carlander+33 (0)7 72 25 96 04helene.carlander@ingenico.com About Worldline Worldline [Euronext: WLN] is the European leader in the payment and transactional services industry. With innovation at the core of its DNA, Worldline’s core offerings include Pan-European and domestic Commercial Acquiring for physical or online businesses, secured payment transaction processing for banks and financial institutions, as well as transactional services in e-Ticketing and for local and central public agencies. Thanks to a presence in 30+ countries, Worldline is the payment partner of choice for merchants, banks, public transport operators, government agencies and industrial companies, delivering cutting-edge digital services. Worldline’s activities are organized around three axes: Merchant Services, Financial Services including equensWorldline and Mobility & e-Transactional Services. Worldline employs circa 12,000 people worldwide, with 2019 revenue of circa 2.4 billion euros. worldline.com Worldline’s corporate purpose (“raison d’être”) is to design and operate leading digital payment and transactional solutions that enable sustainable economic growth and reinforce trust and security in our societies. Worldline makes them environmentally friendly, widely accessible and support social transformation. About Ingenico Ingenico Group (Euronext: FR0000125346 – ING) is shaping the future of payments for sustainable and inclusive growth. As a global leader in seamless payments, we provide merchants with smart, trusted and secure solutions to empower commerce across all channels and enable simplification of payments and deliver customer promises. We are the trusted and proactive world-class partner for financial institutions and retailers, from small merchants to the world’s best-known global brands. We have a global footprint with more than 8,000 employees, 90 nationalities and a commercial presence in 170 countries. Our international community of payment experts anticipates the evolutions of commerce and consumer lifestyles to provide our clients with leading-edge complete solutions wherever they are needed. ingenico.com. Important information This press release is disseminated for information purposes only and does not constitute an offer to purchase, or a solicitation of an offer to sell, any Worldline or Ingenico securities. Investors and shareholders are strongly advised to read the offer document and response document, as approved by the AMF on July 28, 2020 under visa no. 20-370 and visa no. 20-371 respectively, as well as documents relating to the other information of each company, which are available on the AMF website (www.amf-france.org) and the website of Worldline (www.worldline.com) or the website of Ingenico (www.ingenico.com). This press release must not be published, broadcasted or distributed, directly or indirectly, in any country in which the distribution of this information is subject to legal restrictions. The tender offer will not be open to the public in jurisdictions in which its launch is subject to legal restrictions. The publication, broadcasting or distribution of this press release in certain countries may be subject to legal or regulatory restrictions. Therefore, persons located in countries where this press release is published, broadcasted or distributed must inform themselves about and comply with such restrictions. Worldline and Ingenico disclaim any responsibility for any violation of such restrictions. In particular, this press release does not constitute an offer to purchase, or a solicitation of an offer to sell, any securities in the United States or any other jurisdiction. Securities may not be offered or sold in the United States unless they have been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) or the securities laws of any U.S. state, or are exempt from registration. The securities that may be offered in any transaction have not been and will not be registered under the U.S. Securities Act or the securities laws of any U.S. state and Worldline does not intend to make a public offering of any such securities in the United States. 1 With the exception of the 1,284,222 Ingenico treasury shares and the 16,938 Ingenico free shares granted under the 2017 plans covered by the liquidity mechanism. 2 Based on a share capital of 63,713,047 shares representing at least 64,305,068 voting rights of Ingenico as of October 31, 2020 as published by Ingenico on November 4, 2020 (it being specified that the treasury shares and the free shares abovementioned, representing 2.05% of the Ingenico share capital, are taken into account in the calculation of the percentages of ownership). 3 Based on a conversion or exchange ratio of 1.009 new or existing shares for one OCEANE, applicable as from the date following the 5 business days after the last day on which the Ingenico shares could be tendered to the reopened Offer (subject to additional adjustments provided for in the terms and conditions of the OCEANEs).     Attachment Worldline - 20201113 - Implementation of the squeeze out - PR

  • Globe Newswire

    Worldline: Results of the reopened offer on Ingenico

    Worldline holds more than 93% of the share capital and voting rights of Ingenico following the reopening of its friendly tender offer Ownership by Worldline following the reopening of the offer:             93.91% of Ingenico's share capital, representing at least 93.05% of voting rights1            99,64% of OCEANEs in circulation Worldline will request the implementation of a squeeze-out Bezons and Paris, November 9, 2020 Following the publication today by the Autorité des marchés financiers (AMF) of the final results of Worldline's friendly tender offer for Ingenico securities, Worldline and Ingenico announce that, following settlement of the reopened offer, which will take place on November 17, 2020, Worldline will hold 59,835,692 Ingenico shares, representing 93.91% of the share capital and at least 93.05% of the voting rights1 and 2,893,994 OCEANEs (i.e. 99.64% of the number of OCEANEs in circulation). As the conditions required to implement a squeeze-out for the shares and OCEANEs of Ingenico have been satisfied, Worldline will request the AMF to implement a squeeze-out in the next few days in order to transfer all Ingenico shares and OCEANEs not tendered to the offer, at the price of the alternative tender offer for the shares (i.e. €123.10 per Ingenico share) and at the price of the alternative tender offer for the OCEANEs (i.e. €179 per OCEANE). The timetable for the squeeze-out will be published following the AMF’s publication of a notice relating to the implementation of the squeeze-out. Ingenico has requested the suspension of trading of its shares and OCEANE bonds. Detailed results of the tender offer The distribution of the shares tendered to the offer is as follows: Primary mixed offer: 1,622,805 Ingenico shares have been tendered to the primary mixed offer;Secondary exchange offer: 1,316,285 Ingenico shares have been tendered to the secondary exchange offer;Secondary cash offer: 422,186 Ingenico shares have been tendered to the secondary cash offer. As part of the reopened offer, taking into account the results and in accordance with the planned mix and match mechanism, the orders of the primary mixed branch and the secondary exchange branch will be fully served. As the number of Ingenico shares tendered to the secondary cash branch compared to the number of Ingenico shares tendered to the secondary exchange branch is higher than the ratio of 0.229, the orders submitted to the secondary cash offer will be reduced in such a way that the ratio of 0.229 is respected. As a result, the number of shares retained in the secondary cash offer is 301,267, i.e. an allocation ratio of around 71.4%, and 120,919 Ingenico shares will be carried over to the primary mixed offer. Upon completion of the settlement of the offer, Worldline will hold 59,835,692 Ingenico shares, representing 93.91% of Ingenico’s share capital and at least 93.05% of its voting rights1. The distribution of the OCEANEs tendered to the alternative offer is as follows: Mixed offer: 2 Ingenico OCEANEs have been tendered to the mixed offer;Cash offer: 1,900 Ingenico OCEANEs have been tendered to the cash offer. As the tender offer on the OCEANEs contains two alternatives, all orders from holders of OCEANEs will be served. Upon completion of the settlement of the offer, Worldline will hold 2,893,994 Ingenico OCEANEs, representing 99.64 % of Ingenico OCEANEs in circulation. Availability of documents relating to the offer Worldline's offer document and Ingenico's response document, as approved by the AMF on July 28, 2020 under visa no. 20-370 and visa no. 20-371, respectively, as well as documents relating to the other information relating to the legal, financial, accounting and other characteristics of Worldline and Ingenico, as filed with the AMF on July 28, 2020, are available respectively on the AMF website (www.amf-france.org) and on the websites of (www.worldline.com) and Ingenico (www.ingenico.com). These documents may be obtained free of charge from Worldline (80 quai Voltaire, River Ouest, 95870 Bezons) or Ingenico (28-32, boulevard de Grenelle, 75015 Paris), depending on whether they relate to Worldline or Ingenico. Worldline contacts Investors RelationsDavid Pierre-Kahn+33 6 28 51 45 96david.pierre-kahn@worldline.com CommunicationSandrine van der Ghinst+32 499 585 380sandrine.vanderghinst@worldline.com PressAnne-Sophie Gentilasgentil@kairosconsulting.fr Ingenico contacts Investors RelationsLaurent Marie+33 7 84 50 18 90laurent.marie@ingenico.com PressHélène Carlander+33 (0)7 72 25 96 04helene.carlander@ingenico.com About Worldline Worldline [Euronext: WLN] is the European leader in the payment and transactional services industry. With innovation at the core of its DNA, Worldline’s core offerings include Pan-European and domestic Commercial Acquiring for physical or online businesses, secured payment transaction processing for banks and financial institutions, as well as transactional services in e-Ticketing and for local and central public agencies. Thanks to a presence in 30+ countries, Worldline is the payment partner of choice for merchants, banks, public transport operators, government agencies and industrial companies, delivering cutting-edge digital services. Worldline’s activities are organized around three axes: Merchant Services, Financial Services including equensWorldline and Mobility & e-Transactional Services. Worldline employs circa 12,000 people worldwide, with 2019 revenue of circa 2.4 billion euros. worldline.com Worldline’s corporate purpose (“raison d’être”) is to design and operate leading digital payment and transactional solutions that enable sustainable economic growth and reinforce trust and security in our societies. Worldline makes them environmentally friendly, widely accessible and support social transformation. About Ingenico Ingenico Group (Euronext: FR0000125346 – ING) is shaping the future of payments for sustainable and inclusive growth. As a global leader in seamless payments, we provide merchants with smart, trusted and secure solutions to empower commerce across all channels and enable simplification of payments and deliver customer promises. We are the trusted and proactive world-class partner for financial institutions and retailers, from small merchants to the world’s best-known global brands. We have a global footprint with more than 8,000 employees, 90 nationalities and a commercial presence in 170 countries. Our international community of payment experts anticipates the evolutions of commerce and consumer lifestyles to provide our clients with leading-edge complete solutions wherever they are needed. ingenico.com. Important information This press release is disseminated for information purposes only and does not constitute an offer to purchase, or a solicitation of an offer to sell, any Worldline or Ingenico securities. Investors and shareholders are strongly advised to read the offer document and response document, as approved by the AMF on July 28, 2020 under visa no. 20-370 and visa no. 20-371 respectively, as well as documents relating to the other information of each company, which are available on the AMF website (www.amf-france.org) and the website of Worldline (www.worldline.com) or the website of Ingenico (www.ingenico.com). This press release must not be published, broadcasted or distributed, directly or indirectly, in any country in which the distribution of this information is subject to legal restrictions. The tender offer will not be open to the public in jurisdictions in which its launch is subject to legal restrictions. The publication, broadcasting or distribution of this press release in certain countries may be subject to legal or regulatory restrictions. Therefore, persons located in countries where this press release is published, broadcasted or distributed must inform themselves about and comply with such restrictions. Worldline and Ingenico disclaim any responsibility for any violation of such restrictions. In particular, this press release does not constitute an offer to purchase, or a solicitation of an offer to sell, any securities in the United States or any other jurisdiction. Securities may not be offered or sold in the United States unless they have been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) or the securities laws of any U.S. state, or are exempt from registration. The securities that may be offered in any transaction have not been and will not be registered under the U.S. Securities Act or the securities laws of any U.S. state and Worldline does not intend to make a public offering of any such securities in the United States. 1 Based on a share capital of 63,713,047 shares representing 64,305,068 theoretical voting rights as at October 31, 2020 as published by Ingenico on November 4, 2020, it being specified that Ingenico owns 1,284,222 treasury shares, representing 2.02% of its share capital, which  are not taken into account in the calculation of the above-mentioned percentages of ownership.,       Attachment Worldline - 20201109 - Results of the reopened offer on Ingenico - PR

  • Worldline welcomes Ingenico, creating a new world-class leader in payment services
    Globe Newswire

    Worldline welcomes Ingenico, creating a new world-class leader in payment services

    Worldline welcomes Ingenico, creating a new world-class leader in payment services By combining forces, Worldline gets one step closer to our vision of enabling sustainable and profitable economic growth for banks, merchants and the entire payments ecosystem Bezons, 30 October 2020 – by combining forces with Ingenico, Worldline will become Europe’s new world-class leader in payment services and joins the league of international payment leaders. Worldline is committed to operating payment solutions that enable viable economic growth and reinforce trust and security in our societies. With its global footprint and its dedication to excellence, innovation and sustainability, Worldline is set to accelerate the development of the European payments industry, further shaping new ways of paying, living and doing business. Merchants can expect solutions and services that support their growth agenda, and a wider range of digital payment capabilities for operational efficiencies and better customer engagement through:  State-of-the-art integrated payment solutions Advanced technologyEnhanced innovation capacitiesExtended global footprint Gilles Grapinet, Chairman and CEO of Worldline, said: “This is a very exciting milestone for Worldline, specifically designed to decidedly reinforce the value proposition of our businesses. Having the scale and now global capabilities, we have reshaped our group entirely in order to support, now more than ever, our clients, merchants and banks in particular, enabling them to rely on state-of-the-art electronic payment services to accelerate their own growth as well as their digital transformation strategy. In doing so, we are more than ever committed to contributing to the sustainable growth of the societies we operate in, while remaining at the highest possible level of social and environmental responsibility. Despite the difficult times we are all facing at the moment, I have never been this confident in the group’s potential and future and in its 20,000 employees.” The new Worldline in a nutshell Worldline is the largest European player in payment services and the fourth largest player worldwide, with pro forma revenues of €5.3 billion in 2019.Worldline provides its clients with sustainable, trusted and secure solutions across the payment value chain, fostering their business growth wherever they are located.With 20,000 employees and powered by the brightest talents in the payments industry, Worldline is shaping new ways of paying, living and doing business.With a physical presence in over 50 countries, Worldline is the only European player with an international footprint to rival international payments peers based in the US, providing the full payment ecosystem, from POS acceptance to merchant acquisition. The newly expanded Worldline now has broad access to the US market, greater exposure to merchants in Latin America and Asia-Pacific and the potential for faster expansion in countries with a lower card penetration.Worldline offers best-in-class payment services, ranging from online payments, omnichannel solutions and a broad portfolio of payment terminals to issuing & acquiring and digital banking to one million merchants and 1,200 banks and financial institutions, fostering their business growth with deep operational expertise and economies of scale. A unique value proposition for customers We bring together Worldline’s extensive coverage of the payment value chain and its expertise in cross-border acquiring coupled with Ingenico’s global exposure to online commerce. Worldline is the competitive choice for merchants and offers clients unmatched coverage of the payments value chain with a unique combination of online, instore and specialised vertical solutions. Unparalleled footprint and cross-border expertise to serve multinational players Across Europe, Worldline has a significant presence, with, among others, a leadership position in Germany, a strong position in the Nordic countries and enhanced access to French banks and merchants. These geographical footprint and scale give Worldline strong commercial advantages for multinational merchants, providing customers with enhanced offerings for cross-border payments that can boost their operational efficiency and their innovation agenda. Payment partner of choice for merchants of all sizesThe new Worldline can meet merchants’ local and global needs. In many countries, the company’s roots go back to the emergence of digital payments with a track record at the heart of national payment landscapes in countries including Belgium, Luxembourg, Switzerland and Austria. Approximately 180,000 merchants within retail, hospitality and the service sector can continue to rely on our proven services. For new customers, on-boarding will be faster and easier, thanks to digital solutions for SMEs and a hardware-independent acceptance platform. Deep industry understanding for specialised sectorsThe distinctive strengths of the new Worldline within different vertical markets create a diverse and powerful solutions portfolio and expert partnerships with key industry players. Our customer-centric organization is dedicated to specialized segments, with Ingenico’s strong assets for retail, travel, health and e-commerce that are complementary to Worldline’s strong heritage in financial services, hospitality, petrol, luxury retail and transportation. Powering the payments industry with state-of-the-art terminals Thanks to immediate access to some of the most advanced terminals in the industry, Worldline benefits from an extended global footprint and an undisputed know-how in POS and payment acceptance. By providing the best-tailored payments acceptance solutions to in-store merchants, Worldline is leveraging innovative payment solutions to bring the best customer-experience across the globe. Now more than ever, accelerated e-CommerceWorldline is the largest merchant acquirer and third largest online payment acceptance provider in Europe with c. 250,000 e-commerce customers and websites, accepting more than 350 payment methods and with connections to more than 150 local acquirers. Our internationally renowned gateway brings digital natives’ features to retailers across the world.  Enlarging perspectives for Financial ServicesAs the largest payment processor in Europe, with a successful track record of forging strategic partnerships with financial institutions, Worldline is leading the next-generation payment services such as account-based payments and instant payments. The combination with Ingenico increases Worldline’s payment volumes, widening opportunities for partnerships with financial institutions in addition to 1,200 financial institutions that Worldline currently works with, processing c. 5.6 billion acquiring transactions each year. Shaping the future of payments Innovation is our DNATo contribute to shaping the future of payments and supporting customers in leveraging the shifts in consumer’s behaviours related to COVID-19 and beyond, Worldline will further strengthen product innovation and reinforce its investment capabilities, with R&D investment in excess of €300 million. To shape new ways of paying, living and doing business, Worldline keeps exploring the future of payments through different domains of exploration: Personal payments terminalNew payment in storeSocial & voice commerceNew payment platformsData servicesDigital ticketingetc Payments solutions to support sustainable economic growthWorldline is committed to designing and operating digital payment and transactional solutions that enable sustainable economic growth and reinforce trust and security in our societies. With the integration of Ingenico, Worldline will continue to deliver on its vision of a trusted, secure and environmentally friendly payments partner. At this time of great economic and social challenges, the new Worldline will accelerate the transition towards a less cash-reliant economy, whilst making sure this process is sustainable, responsible and socially inclusive. An expertise relying on the best Worldline & Ingenico talentsWorldline’s success is built upon the talent and passion of colleagues who are experts in their fields, sharing a commitment to excellence, responsibility and innovation. The combined company benefits from a talent pool of some 20,000 experts and a history of almost 50 years working at the heart of the payments industry.  A growth story to continue The new Worldline is ready to play a key role in designing a more innovative European payments space and reshaping the future of payments in Europe and beyond. Ingenico’s global presence will be a platform for expansion into new markets, creating significant possibilities for business growth, to support its strong ambition to shaping the future of payments. #ends About Worldline Worldline [Euronext: WLN] is the European leader in the payments and transactional services industry and #4 player worldwide. With its global reach and its commitment to innovation, Worldline is the technology partner of choice for merchants, banks and third-party acquirers as well as public transport operators, government agencies and industrial companies in all sectors. Powered by over 20,000 employees in more than 50 countries, Worldline provides its clients with sustainable, trusted and secure solutions across the payment value chain, fostering their business growth wherever they are. Services offered by Worldline in the areas of Merchant Services; Terminals, Solutions & Services; Financial Services and Mobility & e-Transactional Services include domestic and cross-border commercial acquiring, both in-store and online, highly-secure payment transaction processing, a broad portfolio of payment terminals as well as e-ticketing and digital services in the industrial environment. In 2019 Worldline generated a proforma revenue of 5.3 billion euros. worldline.com Press Contacts Susanne StögerT +43 1 71701 6524E susanne.stoeger@worldline.com Follow us            Hélène Carlander T +33 (0)7 72 25 96 04 E helene.carlander@ingenico.com Attachment 20201030_WL_Ingenico_Commercial_PR_EN