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


DGAP-Ad-hoc: ALLGEIER SE / Key word(s): Acquisition
Allgeier SE: Allgeier SE concludes agreement with Ciber insolvency
administrator to take over customer relationships and other assets of the
Ciber Group's German companies

12-Apr-2017 / 12:33 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Munich, April 7, 2017 - 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

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


Allgeier SE
Corporate Communications & Investor Relations
Dr. Christopher Grosse
Wehrlestrasse 12
81679 Munich
Tel.: +49 (0)89/998421-0
Fax: +49 (0)89/998421-11

Allgeier SE is one of the leading IT companies for digital transformation:
with a growth strategy oriented to innovations and future trends, as well as
an integrative business model, Allgeier exploits the opportunities that
digitalization offers. Three operating segments with individual specialist
and sector-related focuses work together for around than 3,000 customers
from almost all business sectors. With more than 6,300 salaried employees
and more than 1,300 freelance experts, Allgeier offers its customers an
extensive one-stop-shop range of solutions and services. With a highly
flexible delivery model, Allgeier covers the entire IT service spectrum from
on-site through to nearshore and offshore: with a strong business pillar in
India, the company secures flexibility and maximum scalability of services,
as well as highly qualified high-end software development expertise.
Allgeier customers include globally operating groups as well as innovative
medium-size business operations that aim to secure strategic advantages
through high-performance IT solutions, intelligent software and flexible
personnel services. This Munich-based, fast-growing Group maintains more
than 100 branches in the region of Germany, Austria and Switzerland, in nine
further European countries, as well as in India, Singapore, Vietnam, Mexico
and the USA. Allgeier generated EUR 498 million of revenue in 2016
(continuing operations), on the basis of preliminary results. Allgeier SE
ranks first in the 2016 Lünendonk(R) list of "Leading German Medium-Sized IT
Consultants and System Integrators". According to the Lünendonk(R) 2016
market segment study "The Market for Recruiting, Mediating and Managing IT
Freelancers in Germany", Allgeier Experts ranks among Germany's top three IT
personnel service providers. Allgeier SE is listed on the Regulated Market
of the Frankfurt Stock Exchange (WKN 508630, ISIN DE0005086300). For more
information, visit:


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   Language:    English
   Company:     ALLGEIER SE
                Wehrlestraße 12
                81679 München
   Phone:       +49 (0) 89 - 99 84 21 0
   Fax:         +49 (0) 89 - 99 84 21 11
   ISIN:        DE0005086300
   WKN:         508630
   Indices:     CDAX
   Listed:      Regulated Market in Frankfurt; Regulated Unofficial Market
                in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart,
                Tradegate Exchange

   End of Announcement    DGAP News Service

564507 12-Apr-2017 CET/CEST