Quest S A : Agreement for the exercise of the call option right of the participation of Quest Holdings S.A. in the subsidiary Cardlink S.A.
September 24, 2021 at 11:12 am EDT
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In the context of the sale of the shares of "Cardlink S.A." that has been announced on May 28th, 2021, Quest Holdings SA announces that on September 23, 2021, an agreement was signed with the company "Edgepay Holdings Limited" for the sale of 20% of the share capital of the subsidiary "Cardlink SA", pursuant to the share holders' agreement of January 23, 2015, with a total consideration of € 1,368 thousand.
Following the above transaction, the Company "Quest Holdings SA" holds 65% of the share capital of the subsidiary "Cardlink S.A." and the company "Edgepay Holdings Limited" 35% of the share capital of the above subsidiary.
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Quest Holdings SA published this content on 24 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 September 2021 15:11:05 UTC.
Quest Holdings S.A. is specialized in the distribution of computer and telecommunications products. In addition, the group offers IT, postal and financial services. Net sales are divided across the following activities:
- distribution of computer and telecommunications products (65.3%): PCs, laptops, tablets, printers, telecommunications equipment, smart objects etc. Quest Holdings S.A. also manages the "you.gr" e-commerce platform;
- IT services (16.1%): design and implementation of integrated IT solutions; development of cloud-based applications; systems integration; development of digital communications and e-commerce platforms; development of enterprise application software; consulting services for company digital transformation, etc;
- mail and parcel delivery services (14.3%);
- development of electronic payment solutions (3.4%; business sold in September 2021): in particular, development and management of point-of-sale terminals;
- renewable energy production (0.9%).
Net sales are distributed geographically as follows: Greece (79.3%), rest of Europe (20.4%) and others (0.3%).