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Investor Relations
Allgeier SE concludes agreement with Ciber insolvency administrator to take over customer relationships and other assets of the Ciber Group's German companies

04/07/2017

Publication of inside information pursuant to Art. 17 MAR

Munich, April 7, 2017, 17:19 h – Allgeier SE (ISIN DE0005086300, WKN 508630) has today reached agreement with lawyer Hans-Gerd Jauch – who was appointed today as the insolvency administrator of Ciber AG and Ciber Managed Services GmbH after these latter companies filed for insolvency – to take over the customer relationships and other assets of the German companies of the Ciber Group, and has concluded corresponding agreements with the insolvency administrator.

The transaction enables Allgeier to continue and restructure the significant parts of the German Ciber companies’ operating businesses. Allgeier assumes the agreement can be executed by next Tuesday, April 11, 2017, at the latest, allowing Allgeier to continue the customer relationships from that date.