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    Dr. Christopher Große
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    Fax: +49 89 998421-11
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Press
ALLGEIER HOLDING SE: Allgeier Holding SE announces decision to issue takeover offer to the shareholders of EASY SOFTWARE AG

07/04/2012

ALLGEIER HOLDING SE / Key word(s): Offer

04.07.2012 / 17:25


Munich, July 4, 2012 – The Executive Board and Supervisory Board of Allgeier Holding SE (WKN 508630/ISIN DE0005086300) yesterday decided to make an offer to the shareholders of EASY SOFTWARE AG to purchase their no-par-value bearer shares in EASY SOFTWARE AG at a price of EUR4.00 per share in cash as part of a voluntary public takeover bid. The offer, in accordance with article 10, paragraph 1, and in conjunction with articles 29 and 34 of the German Securities Acquisition and Takeover Act (WpÜG), is subject to the attainment of a 75% minimum acceptance quota of the share capital in EASY SOFTWARE AG existing at the time of the expiry of the acceptance period and other conditions to be set out in the offer document.

Both partners would benefit from the takeover. Together EASY and Allgeier would be amongst the leading software providers on the German market in the ECM segment. EASY’s product and services portfolio, great expertise and product presence in the field of document management and Allgeier’s with its focus on ERP, ECM and business solutions at the IT Solutions Division complement one another ideally. Bundling product and solution business in this segment would create a strong and stabile unit with great revenue and earnings potential. Allgeier believes both companies would harmonize well culturally as they share a medium-sized culture, similar strategic objectives and congruent understanding of the market.

Allgeier manages the group company based on a decentralized management principle. Allgeier thus combines the benefits of an international, listed IT company as a full service provider – in terms of product range, size and process strengths – with the particular advantages of medium-sized units for which flexibility and extensive personal service are a matter of course. All CEOs or Executive Boards in the Allgeier group company act as independent entrepreneurs within the framework of strategically agreed objectives.

By issuing the takeover offer to the shareholders of EASY SOFTWARE AG, the Executive Board and Supervisory Board of Allgeier Holding SE have expressed their serious interest in ensuring a joint future for both companies under the umbrella of Allgeier Holding SE.

Contact:
Allgeier Holding SE
Dr. Christopher Große
Wehrlestraße 12
81679 Munich
Tel.: +49 (0)89/998421-0
Fax: +49 (0)89/998421-11
E-mail: ir@allgeier.com
Web: www.allgeier.com

Munich-based Allgeier Holding SE is one of the leading consulting and service companies in the German-speaking region. With more than 2,500 employees and around 1,500 freelance IT experts, Allgeier offers its customers a complete service approach spanning design, implementation, and through to the operation of IT landscapes. Six divisions, each with its own specialist or sector-related focus, work together for more than 2,000 customers from almost all sectors. Allgeier combines the expertise and customer-proximity of medium-sized company units with an international, listed company’s strength and performance. This high-growth company currently operates at more than 50 sites in the German-speaking region, and at 23 further locations in the rest of Europe, as well as in India, Mexico and the USA. The company is listed on the regular market of the Frankfurt Stock Exchange in the General Standard segment (WKN 508630 / ISIN DE0005086300). Further information is available on the company’s website at: www.allgeier.com.

 

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