EQS-Adhoc: Beaconsmind AG announces the publication of a research update

EQS-Ad-hoc: Beaconsmind AG / Key word(s): Miscellaneous
Beaconsmind AG announces the publication of a research update

20-Dec-2021 / 18:15 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by EQS – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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beaconsmind AG (ISIN: CH0451123589, EURONEXT: MLBMD, VIENNA: BMD) announces
the publication of a research update

Zurich, Switzerland – December 20, 2021 – beaconsmind (ISIN: CH0451123589 –
Ticker: MLBMD), a SaaS provider in Location-Based Marketing (LBM) and
analytics for retail chains announces today the issuance of an updated
research coverage report by Hauck & Aufhäuser.

Hauck & Aufhäuser has updated its price target to EUR 34.00 and restated its
buy rating on the back of a „Strong pipeline despite CoV headwinds“. The price
target implies a 270% upside from the current share price. A version of the
updated research report is available on the company’s website
[1]www.beaconsmind.com. Hauck & Aufhäuser will provide ongoing research
coverage as part of this report.

Streamlining of capital markets policy and commitment to increased trading
liquidity
In addition, Baader Bank will provide ongoing research coverage beginning
2022. Edison Group will prepare an independent research coverage report in
connection with the company’s initial public offering in Frankfurt planned for
the first quarter 2022. The company is committed to a transparent investor
relations policy with a focus on increasing the overall share liquidity in
2022 and has implemented the technical trading possibility for investors
across different listing exchanges.

About beaconsmind
Founded in 2015 in Switzerland, beaconsmind is a pioneer in the field of
location-based marketing (LBM) software for retail chains. beaconsmind helps
retailers run successful location-based marketing campaigns. By fitting stores
with Bluetooth beacons that precisely locate and identify customers, and by
integrating its Software Suite, beaconsmind opens a brand-new channel for
retailers to interact with their customers, fundamentally transforming the
shopping experience. Thanks to its solution, retailers can converge digital
and physical shopping and address the convenience gaps of each.

For more information, please visit [2]www.beaconsmind.com

Beaconsmind Media Relations Investor Relations /
Max Weiland, Founder & CEO Nicolas Merigeau Strategic Communication
Louis-Victor Delouvrier
[3]maxweiland@beaconsmind.com NewCap
Tel.: +41 44 380 73-73 [4]nmerigeau@newcap.fr NewCap
[5]lvdelouvrier@newcap.fr

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20-Dec-2021 CET/CEST News transmitted by EQS Group AG. www.eqs.com

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Language: English
Company: Beaconsmind AG
Seestrasse 3
8712 Stäfa
Switzerland
Internet: www.beaconsmind.com
ISIN: CH0451123589
Listed: Vienna Stock Exchange (Third Market (MTF))
EQS News ID: 1260245

 
End of Announcement EQS News Service

1260245  20-Dec-2021 CET/CEST

References

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2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=aeba1b98ff80035a29bf8f3e9318ef49&application_id=1260245&site_id=apa_ots_austria&application_name=news
3. maxweiland@beaconsmind.com
4. nmerigeau@newcap.fr
5. lvdelouvrier@newcap.fr