The Payments Group Holding – New research sees significant share price upside – price target at four times the current share price

EQS-News: The Payments Group Holding GmbH & Co. KGaA / Key word(s): Research Update/Issue of Debt The Payments Group Holding – New research sees significant share price upside – price target at four times the current share price 21.01.2026 / 14:00 CET/CEST The issuer is solely responsible for the content of this announcement. +++ Press release +++

The Payments Group Holding –
New research sees significant share price upside – price target at four times the current share price
 

• mwb Research: “Speculative BUY” – price target 1.24 euro
• CEO explains strategic repositioning in Börsenradio interview
• Subscription period for the 10 % convertible bond runs until 27 January 2026
   

Frankfurt/Main, 21 January 2026 – mwb Research rates the shares of The Payments Group Holding (PGH), a holding company founded in 2012 and renamed in August 2024 with its registered office in Frankfurt am Main, as “Speculative BUY” with a price target of 1.24 euro. This implies upside potential of more than 300 % compared to the current share price.

In an interview with Börsenradio on 16 January 2026, CEO and founder Christoph Gerlinger explained the strategic repositioning of PGH.

PGH is currently offering its shareholders, until 27 January 2026, the subscription of a convertible bond bearing an interest coupon of 10 % with a term of three years at an issue price of 100 %, at a ratio of 500 shares to a nominal value of 100 euro (key information document). The bond will be held in collective custody and listed on the open market. PGH intends to fully repay the bond from the repayment proceeds of its loan receivable against SGT Capital LLC in the amount of 4.0 million euro including accrued interest, which matures on 31 December 2027 and bears interest at 9 % p.a. Any partial bonds not subscribed for will be privately placed with institutional investors after the subscription period.