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  Paragon ID company press release from 02/01/2018

  02/01/2018 - 18:00

Change of name and mnemonic code of Paragon ID's (ex-ASK) shares from the 3rd of January 2018



During the ordinary and extraordinary Shareholders' Meeting which was held on December 13, 2017, the shareholders adopted the company's new corporate name, Paragon ID.

As a result, as of the trading session of January 3, 2018, the Share name, the ISIN code and the TIDM code (Tradable Instrument Display Mnemonic) of the share listed on Euronext Paris will be as follows:

  • Share name: Paragon ID (replacing ASK)
  • ISIN code: FR0011980077 (remains unchanged)
  • Mnemonic code:PID (replacing ASK).

Paragon ID was created following the merger between ASK and the Identification division of Paragon Group in April 2017. Paragon ID is a European leader in identification solutions in the e-ID, transport & smart cities, and traceability & brand protection sectors.

Specialists in RFID and NFC contactless technologies, Paragon ID provides smart cards, tickets, labels and tags to worldwide clients in diverse markets including public transport, manufacturing, logistics, gaming and retail.

Paragon ID's secure contactless technologies offer the ideal compromise between speed and security across a wide range of applications – including individuals and their identification documents, secure payments, the need for effective traceability, and connectivity of objects (internet of things).

The company aims to support its customers - cities, governments and major brands - so they can benefit from the opportunities offered by the “contactless revolution”.

Paragon ID employs more than 600 staff, with manufacturing sites close to its global customers. The company is also increasing its R & D investments and reinforcing its European teams.

With years of experience and technology expertise in this promising market, Paragon ID intends to continue its growth, both organic and through acquisitions. The company has set itself the goal of achieving by 2021 a turnover of €250M and an EBITDA margin above 10%.



About Paragon ID

Paragon ID was created following the merger between ASK and the Identification division of Paragon Group in April 2017. Paragon ID is a leader in identification solutions in the e-ID, transport & smart cities and traceability & brand protection sectors.

Using the latest technologies such as RFID and NFC, Paragon ID provides smart cards, tickets, labels and tags to worldwide clients in diverse markets including public transport, manufacturing, logistics, gaming and retail.

Paragon ID employs more than 600 staff, with manufacturing sites close to its global customers.

Paragon ID is a part of Paragon Group, which is a leading provider of Identification and Customer Communications services, and has a total of more than €640 million turnover (proforma) and close to 5,000 employees. Paragon Group combines generations of experience with the latest innovations in technology and smart data to enable responsive and meaningful interactions between organisations and their customers.

For further information about Paragon Group, visit www.paragon-europe.com

Paragon ID is listed on Euronext Paris.

Share Name : Paragon ID

ISIN code: FR0011980077

Mnemonic code : PID

Number of issued shares : 58 286 819

More information at Paragon-rfid.com



Contacts

Paragon ID
CEO

Julien Zuccarelli
Tél. : +33 (0)4 97 21 48 56
ACTUS finance & communication
Investors relations

Mathieu Omnes
Tél. : +33 (0)1 53 67 36 92
momnes@actus.fr
ACTUS finance & communication
Press Relations

Jean-Michel Marmillon
Tél. : +33 (0)1 53 67 36 73
jmmarmillon@actus.fr