Tag: Sonstiges

18. June 2020

18.06.2020 / 10:43 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Date for publication of annual and consolidated financial statements 2019 delayed due to indications of presentation of spurious balance confirmations

Wirecard AG’s auditor Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft, Munich, informed Wirecard AG that no sufficient audit evidence could be obtained so far of cash balances on trust accounts to be consolidated in the consolidated financial statements in the amount of EUR 1.9 billion (approximately a quarter of the consolidated balance sheet total).

There are indications that spurious balance confirmations had been provided from the side of the trustee respectively of the trustee’s account holding banks to the auditor in order to deceive the auditor and create a wrong perception of the existence of such cash balances or the holding of the accounts for to the benefit of Wirecard group companies. The Wirecard management board is working intensively together with the auditor towards a clarification of the situation.

In light of the above the audit of the annual and the consolidated financial statements 2019 will not be concluded as planned by June 18, 2020. A new date will be announced. If certified annual and consolidated financial statements cannot be made available until June 19, 2020, loans made to Wirecard AG amounting to approximately EUR 2 billion can be terminated.

Contact
Tel.: +49 (0) 89-4424-1411
e-Mail: press@wirecard.com
http://www.wirecard.de
ISIN DE0007472060
Reuters: WDI.GDE
Bloomberg: WDI GY

18.06.2020 CET/CEST
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:	English
Company:	Wirecard AG Einsteinring 35 85609 Aschheim b. München Germany
Phone:	+49 (0)89-4424 1400
Fax:	+49 (0)89-4424 1500
E-mail:	ir@wirecard.com
Internet:	www.wirecard.com
ISIN:	DE0007472060
WKN:	747206
Indices:	DAX, TecDAX, Prime All Share, Technology All Share
Listed:	Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart, Tradegate Exchange
EQS News ID:	1072921

End of Announcement
DGAP News-Service

25. May 2020

25.05.2020 / 22:10 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The audit firm Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft has informed Wirecard AG that all foreign auditors have meanwhile been able to finalize their audit procedures for Group purposes. Within the scope of the completed parts of the audit procedures, Wirecard has not yet been informed of any material findings. However, not all audit procedures have yet been completed. Against this background, the audit of the annual financial statements and consolidated financial statements for 2019 will not be completed by June 4, 2020, as planned.

The publication of the consolidated financial statements and the annual press conference will take place on June 18, 2020. The company expects an unqualified audit opinion.

In February 2020, the company had reported preliminary sales revenue growth of 38 percent to EUR 2.8 billion and preliminary EBITDA of EUR 785 million (+40%). Wirecard assumes that there will be no significant deviations from these figures.

As a result of the changed scheduling, Wirecard AG is postponing its Annual General Meeting to August 26, 2020.

Contact
Tel.: +49 (0) 89-4424-1411
e-Mail: press@wirecard.com
http://www.wirecard.de
ISIN DE0007472060
Reuters: WDI.GDE
Bloomberg: WDI GY

25.05.2020 CET/CEST
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:	English
Company:	Wirecard AG Einsteinring 35 85609 Aschheim b. München Germany
Phone:	+49 (0)89-4424 1400
Fax:	+49 (0)89-4424 1500
E-mail:	ir@wirecard.com
Internet:	www.wirecard.com
ISIN:	DE0007472060
WKN:	747206
Indices:	DAX, TecDAX, Prime All Share, Technology All Share
Listed:	Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart, Tradegate Exchange
EQS News ID:	1054983

End of Announcement
DGAP News-Service

28. April 2020

28.04.2020 / 07:52 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Wirecard AG in the early hours of today, April 28 2020, received the special audit report by the auditing company KPMG. The report will be published as soon as possible under https://www.wirecard.com/transparency.
Incriminating evidence for the public allegations of balance sheet forgery has not been identified. With respect to all four areas of the audit – Third Party Acquiring business (TPA), Merchant Cash Advance (MCA)/Digital Lending as well as the business activities in India and Singapore –  no significant findings have been made, which would require an adjustment of the annual accounts 2016-2018.
In the course of the audits of the annual accounts for the years 2016-2018 the available documents and audit measures were sufficient for the proof of the revenues in the Third Party Acquiring business. According to the increased forensic requirements of the audit by KPMG, however, not all data could be obtained that would have been required  to proof the revenues in these years, because the required data are primarily in the control of third parties. Since Wirecard meanwhile controls the necessary data itself, more than 200 mio data relating to December 2019 sets have been provided to KPMG for a forensic audit. This audit has not revealed any deviations between the reported revenues and account balances. 
KPMG has identified documentation and organizational weaknesses during the audit period, which had already been identified by Wirecard. Wirecard remedies these weaknesses since 2019 by establishing a Global Compliance Organization and with the support of external consultants.  
The release of the annual accounts and the annual press conference will not take place on 30 April 2020. Wirecard will coordinate as soon as possible with the auditor E&Y, when the audit measures can be completed taking into account the Corona related restrictions and the completion of the KPMG report.

Contact
Tel.: +49 (0) 89-4424-1411
e-Mail: press@wirecard.com
http://www.wirecard.de
ISIN DE0007472060
Reuters: WDI.GDE
Bloomberg: WDI GY

28.04.2020 CET/CEST
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:	English
Company:	Wirecard AG Einsteinring 35 85609 Aschheim b. München Germany
Phone:	+49 (0)89-4424 1400
Fax:	+49 (0)89-4424 1500
E-mail:	ir@wirecard.com
Internet:	www.wirecard.com
ISIN:	DE0007472060
WKN:	747206
Indices:	DAX, TecDAX, Prime All Share, Technology All Share
Listed:	Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart, Tradegate Exchange
EQS News ID:	1031139

End of Announcement
DGAP News-Service

22. April 2020

22.04.2020 / 21:03 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Wirecard AG has just been informed by KPMG that the auditing company will present the results of the ongoing special audit on Monday, April 27, 2020. In the remaining days, data inventories still received are to be processed and taken into account.

In accordance with the audit assignment, to date no substantial findings have been made in all four areas of the audit – the Third Party Partner Business (TPA) and Merchant Cash Advance (MCA)/Digital Lending divisions, as well as the business activities in India and Singapore – which would have led to a need for correction of the annual financial statements for the 2016, 2017 and 2018 investigation period. No evidence was found for the publicly raised allegations of balance sheet manipulation.

Since October 2019, KPMG has been conducting a special investigation on behalf of the Supervisory Board of Wirecard AG in order to clarify the accusations of balance sheet manipulation made against the company by the media. In the interests of transparent processes, Wirecard AG will make the report to be published available on its homepage in the “Transparency” section.

As announced, the publication of the annual financial statements and the annual press conference will take place on April 30, 2020.

Contact
Tel.: +49 (0) 89-4424-1411
e-Mail: press@wirecard.com
http://www.wirecard.de
ISIN DE0007472060
Reuters: WDI.GDE
Bloomberg: WDI GY

22.04.2020 CET/CEST
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:	English
Company:	Wirecard AG Einsteinring 35 85609 Aschheim b. München Germany
Phone:	+49 (0)89-4424 1400
Fax:	+49 (0)89-4424 1500
E-mail:	ir@wirecard.com
Internet:	www.wirecard.com
ISIN:	DE0007472060
WKN:	747206
Indices:	DAX, TecDAX, Prime All Share, Technology All Share
Listed:	Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart, Tradegate Exchange
EQS News ID:	1027833

End of Announcement
DGAP News-Service

12. March 2020

12.03.2020 / 23:01 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The auditing company KPMG has informed Wirecard AG that it has largely completed the special investigation of Wirecard AG’s business activities in India and Singapore as well as the Merchant Cash Advance (MCA) / Digital Lending division. From today’s perspective, these parts of the audit have not produced any substantial findings in these areas of investigation that would result in a need for correction of the annual financial statements for the 2016, 2017 and 2018 investigation periods. The investigation of third-party partner business (TPA) is still ongoing and is expected to be completed by 22 April 2020 at the latest. The extensive inspection of relevant documents, including those of external companies, and corona virus-related travel restrictions make the extended timeframe necessary. Accordingly, the Management Board of Wirecard AG today decided to postpone publication of the annual financial statements and the annual press conference (previously April 8, 2020) to April 30, 2020.

Contact
Tel.: +49 (0) 89-4424-1411
e-Mail: press@wirecard.com
http://www.wirecard.de
ISIN DE0007472060
Reuters: WDI.GDE
Bloomberg: WDI GY

12.03.2020 CET/CEST
Die DGAP Distributionsservices umfassen gesetzliche Meldepflichten, Corporate News/Finanznachrichten und Pressemitteilungen.
Medienarchiv unter http://www.dgap.de

Language:	English
Company:	Wirecard AG Einsteinring 35 85609 Aschheim b. München Germany
Phone:	+49 (0)89-4424 1400
Fax:	+49 (0)89-4424 1500
E-mail:	ir@wirecard.com
Internet:	www.wirecard.com
ISIN:	DE0007472060
WKN:	747206
Indices:	DAX, TecDAX, Prime All Share, Technology All Share
Listed:	Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart, Tradegate Exchange
EQS News ID:	996481

End of Announcement
DGAP News-Service