SINGULARLOGIC S.A.
Announcement of Business Actions in respect to general business expansion planning of SingularLogic Group.
According to article 10 of Law 3340/2005 and article 2 of decision 3/347/12.7.2005 of CMC, SingularLogic S.A. informs the investors for the recent business actions in respect to the general business expansion planning of the Group.
An agreement was finalized with "DIGITAL SINGNAGE & MARKETING SERVICES SA" with distinctive title "DSMS SA", so that SingularLogic will participate in DSMS's share capital increase totaling euros 300.500. Following the completion of the share capital increase, SingularLogic will possess 66,7% of the total share capital of DSMS SA.
DSMS is active in the market of Digital Signage, providing advertising and Interactive Marketing services, through its private, digital, out-of-home advertising network (point of sale, point of service).
This participation is expected to positively affect the results of SingularLogic Group and enhance its presence in the Digital Signage and digital advertising market, which is a strategic choice persistent to SingularLogic's business expansion plan.
An agreement was finalized with "DIGITAL SINGNAGE & MARKETING SERVICES SA" with distinctive title "DSMS SA", so that SingularLogic will participate in DSMS's share capital increase totaling euros 300.500. Following the completion of the share capital increase, SingularLogic will possess 66,7% of the total share capital of DSMS SA.
DSMS is active in the market of Digital Signage, providing advertising and Interactive Marketing services, through its private, digital, out-of-home advertising network (point of sale, point of service).
This participation is expected to positively affect the results of SingularLogic Group and enhance its presence in the Digital Signage and digital advertising market, which is a strategic choice persistent to SingularLogic's business expansion plan.