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    OFN   CH0003420806

ORELL FÜSSLI AG

(OFN)
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Orell Füssli LtdMedien: Orell Füssli Ltd acquires majority stake in technology company Procivis Ltd

09/13/2021 | 01:02am EST

EQS Group-Ad-hoc: Orell Füssli AG / Key word(s): Investment Orell Füssli LtdMedien: Orell Füssli Ltd acquires majority stake in technology company Procivis Ltd 13-Sep-2021 / 07:00 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement.

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Media Release:

Orell Füssli Ltd acquires majority stake in technology company Procivis Ltd

Zurich, September 13th, 2021 - As a long-standing partner of government organisations and a leading systems provider for security technologies and the individualisation of documents of value, Orell Füssli Ltd sets technological standards. As part of the strategic development, Orell Füssli is acquiring a controlling majority in Procivis Ltd, a leading Swiss technology company for the digitisation of services in the public sector. This transaction strengthens Orell Füssli's position in the market for physical and digital identity and certificate solutions and opens up new innovation and business potentials. Procivis will continue to be managed by the existing management team under the leadership of Daniel Gasteiger.

The accelerated digitalization of the economy and society in recent months has led to increasingly digital interactions and processes in business and government. This often requires identity documents and certificates, which are until today mostly produced and used physically. In the future Orell Füssli will offer both physical and digital identity and certificate solutions from a single source, based on secure and unalterable data from trustworthy sources. Additional functionalities are intended to facilitate seamless, simple and efficient interactions and business processes for users, authorities and companies.

The implementation of this strategy requires innovative technologies and specific digital competencies. For this reason, Orell Füssli acquired a stake in Procivis in spring 2020, which is realizing the potential of a digital society with forward-looking technology solutions for digital identities and eGovernment. Procivis' smartphone-based identity solution has already been successfully introduced at several customers and enables users to handle their own data in a self-determined way.

Daniel Gasteiger, CEO Procivis: "We are looking forward to strengthening the cooperation with the Orell Füssli team and are convinced that a digital identity solution for our society must be driven by privacy by design, decentralized data storage and data minimisation. These have been the principles of our product development at Procivis from the very beginning. »

Daniel Link, CEO of Orell Füssli: "By acquiring Procivis we drive forward our strategy and are at the forefront of shaping the attractive business field of digital identities and certificates. We build on joint projects with Procivis to develop secure, trustworthy digital services for business and government transactions in the future. » Agenda Publication Annual Report 2021 11 March 2022 Annual General Meeting 2022 11 May 2022

Contact Orell Füssli Ltd Tel. +41 44 466 72 73, media@orellfuessli.com

Orell Füssli is a pioneer in the fields of security and education. With its expertise in security solutions for 
governments and citizens and as a leading Swiss book retailer, Orell Füssli supports its customers with a unique and 
customer-specific offering. 
As a leading systems supplier for security technologies and identification systems and a long-standing partner of 
government, Orell Füssli sets technological standards. In the fields of security printing and serialisation, Orell 
Füssli provides innovative printing processes, systems and services for the production and successful protection of 
banknotes, securities and identity documents. 
With its attractive large-format and specialist bookstores, Orell Füssli offers a wide-ranging book-related shopping 
experience. In book retailing, Orell Füssli has a 50% interest in Orell Füssli Thalia AG, which provides an extensive 
offering through 36 branches in German-speaking Switzerland and diverse e-commerce services. Orell Füssli provides 
logistical and service facilities for libraries and companies. 
Orell Füssli was founded more than 500 years ago and generates revenues of some CHF 220 million with around 600 
employees at locations in five countries. Orell Füssli shares are listed on the SIX Swiss Exchange. Additional features: File: Orell Füssli Ltd Media Release Majority Stake Procivis 

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End of ad hoc announcement

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Language:     English 
Company:      Orell Füssli AG 
              Dietzingerstrasse 3 
              8003 Zürich 
              Switzerland 
Fax:          044 466 77 11 
E-mail:       info@orellfuessli.com 
Internet:     https://www.orellfuessli.com/ 
ISIN:         CH0003420806 
Listed:       SIX Swiss Exchange 
EQS News ID:  1232776 
 
End of Announcement EQS Group News Service 
=------------ 

1232776 13-Sep-2021 CET/CEST

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1232776&application_name=news

(END) Dow Jones Newswires

September 13, 2021 01:01 ET (05:01 GMT)

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Financials
Sales 2021 215 M 234 M 234 M
Net income 2021 11,9 M 13,0 M 13,0 M
Net cash 2021 71,8 M 78,1 M 78,1 M
P/E ratio 2021 16,2x
Yield 2021 3,59%
Capitalization 176 M 192 M 192 M
EV / Sales 2021 0,49x
EV / Sales 2022 0,48x
Nbr of Employees 569
Free-Float 75,9%
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Last Close Price 90,00 CHF
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Spread / Average Target 11,1%
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Managers and Directors
Daniel Link Chief Executive Officer
Reto Janser Chief Financial Officer
Anton Bleikolm Chairman
Dieter Widmer Independent Director
Thomas Moser Director
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