DGAP-News: SPORTTOTAL AG: Leading European sport technology platform Ascend Sport Technology AG invests in SPORTTOTAL AG
Luzern-based Ascend Sport Technology AG announced its intention today of subscribing 1.5 million worth of SPORTTOTAL AG's convertible bond.
- Luzern-based Ascend Sport Technology AG announced its intention today of subscribing 1.5 million worth of SPORTTOTAL AG's convertible bond.
- Arno Schenk, Board member of Ascend Sport Technology AG: SPORTTOTAL suits our portfolio perfectly since our aspiration is to combine Europes leading sport technology companies with the aim of generating and monetising the full revenue and earnings potential in professional sport for rights holders.
- Together with SPORTTOTAL, we plan to take the SPORTTOTAL technology further and to introduce it into professional leagues, as Dr. Bernard de Roos, CEO of Ascend Sport Technology AG, stated.
- Being able to develop our technologies now together with Ascend Sport Technology at top European clubs is a huge opportunity for SPORTTOTAL, as Peter Lauterbach, SPORTTOTAL AGs CEO, underlined.