Austrian State Printing House to be removed from Vienna Stock Exchange effective March 13, 2020
In a significant move, Our website Holding AG (OeSD), an Austrian high-security company specializing in secure identities, has announced its delisting from the Vienna Stock Exchange. The last trading day for OeSD shares will be on 13th March 2020, following the Vienna Stock Exchange's order to revoke its admission to official trading due to insufficient free float.
Since its listing in 2011, OeSD has seen its share price double, reaching a high of EUR 11.50. Despite the delisting, OeSD's CEO, Robert Schächter, has emphasized that the OeSD share remains a good investment, with the company being in a strong position.
Founded in 2011, OeSD has been a key player in the development, implementation, and provision of personalization solutions for ID documents, such as the Austrian passport. In 2018, the company expanded its portfolio with the in-house digital startup, youniqx Identity AG.
Youniqx Identity AG offers a range of solutions for secure digital identities, including MIA (My Identity App), the world's first system for integrated identity management, and MICK (My Identity Check), another innovative solution. These offerings aim to provide a seamless and secure digital identity management experience.
Shareholders who retain their OeSD shares following the delisting will continue to enjoy all rights, including participation in the Annual General Meeting, voting, making proposals, requesting information, speaking, and receiving dividends. The current dividend yield for OeSD stands at 3%.
For further information, please contact Verena Nowotny at Gaisberg Consulting. Verena can be reached at +43 664 88446424 or via email at [email protected].
OeSD has been listed on the Vienna Stock Exchange since November 2011. The company's delisting comes as a result of it failing to meet the legally required free float of at least 2% of its shares. Under the Stock Exchange Act 2018, this minimum free float is mandatory.
Despite this development, OeSD continues to forge ahead, focusing on its digital identity solutions and ensuring the security and integrity of digital identities for its clients.
OeSD's CEO, Robert Schächter, maintains that the OeSD share remains a good investment, with the company having a strong financial position, despite the delisting from the Vienna Stock Exchange.
Shareholders who retain their OeSD shares following the delisting will continue to receive dividends, with the current dividend yield standing at 3%.
