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on Payments Group Holding (ETR:DE000A1M)

Resolution of Legal Disputes Expected in 2026 for The Payments Group Holding

The Payments Group Holding (PGH) anticipates resolving its disputes with SGT Capital Group by 2026. These conflicts, originating in 2024, center around receivables of 6.0 million EUR, partially secured against investments in SGT Group's Utimaco Management Services GmbH.

Recent developments suggest arbitration proceedings involving partners like Summit may influence these disputes. A favorable resolution could result in substantial financial inflows to SGT Group, potentially enabling them to settle liabilities with PGH.

Alternatively, adverse outcomes for SGT in arbitration could lead to financial difficulties or liquidation, affecting related investments like Utimaco. This scenario may permit PGH to recover its claims more expediently, especially if liquidation occurs.

R. H.

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