DGAP-News: Allgeier SE publishes take-over offer for Easy Software AG
(firmenpresse) - DGAP-News: ALLGEIER SE / Key word(s): Offer
Allgeier SE publishes take-over offer for Easy Software AG
24.07.2012 / 11:54
---------------------------------------------------------------------
- EUR 4.00 offer per Easy Software share
- Premium of more than 17 percent compared with three-month average price
as of July 2, 2012 cut-off date
- Shareholders can tender shares from today until August 21, 2012, 24:00
hours (Frankfurt am Main, Germany, local time)
- Offer depends on 75 percent minimum acceptance threshold
Munich, July 24, 2012 - Allgeier SE ('Allgeier') has today published its
voluntary public take-over offer for all ordinary bearer shares of Easy
Software AG ('Easy Software') at a price of EUR 4.00 per share in cash.
This represents an premium of more than 17 percent compared with the
three-month average price as of the July 2, 2012 cut-off date, as announced
by the German Federal Financial Supervisory Authority (BaFin).
Following yesterday's approval by the BaFin, the offer documents are now
available at http://www.allgeier-holding.de, under the Investor
Relations/Übernahmeangebote menu item. The acceptance period commences
today, Tuesday, July 24, 2012, and will end on August 21, 2012 at 24:00
hours (Frankfurt am Main, Germany, local time). The take-over offer
includes a minimum acceptance threshold of 75 percent of the share capital
of Easy Software in issue on the date when the acceptance period expires,
and is subject to terms and further conditions that as set out in the offer
document.
Munich-based Allgeier Holding AG is one of the leading consulting and
service companies for IT solutions and services in the German-speaking
region. Easy Software, which is based at Mülheim an der Ruhr, Germany, is
one of the leading developers and providers of cross-platform solutions in
the areas of electronic archiving, document management, and Enterprise
Content Management (ECM). ECM is one of the most important IT topics of the
future, and today comprises almost all relevant functions to manage data
and information within IT-based processes. Allgeier helps companies to
streamline and automate business processes and thereby significantly boost
their productivity with solutions such as its modern scanview(R) archiving
system. Together, both companies clearly rank as market-leading software
providers in the ECM area in Germany.
Allgeier and Easy Software would both benefit from the takeover. Easy
Software's range of services, with its strong expertise and product
presence in the document management area, and that of Allgeier, with its
focus areas of ERP, ECM and Business Solutions in its IT Solutions
division, complement each other ideally. A business that bundles products
and solutions would create a strong and stable unit with significant
revenue and earnings potential. Both companies also maintain a similar
medium-sized company culture, comparable strategic objectives, and enjoy an
agreed understanding of the markets.
Allgeier manages its Group companies according to a decentralised
management principle. In this way, as a full service-provider, Allgeier
combines the benefits and strengths of an international, listed IT company
- such as product breadth, size and process strengths - with flexibility
and personal service, the special merits of powerful, medium-sized company
units. All managing directors or management board members of Allgeiercompanies operate as independent entrepreneurs within the framework of
strategically coordinated planning.
Dr. Marcus Goedsche, Management Board member of Allgeier SE, commented as
follows: 'Easy Software offers an outstanding fit with our existing Group
companies. With this offer, we are showing our serious interest in both
companies' joint future under the Allgeier roof. Together with the
management and staff of Easy Software, we will be able to exploit
opportunities on the markets even more effectively, and accelerate both
companies' growth.'
Contact:
Allgeier SE
Dr. Christopher Grosse
Wehrlestrasse 12
81679 Munich
Tel.: +49 (0)89/998421-41
Fax: +49 (0)89/998421-11
E-mail: ir(at)allgeier.com
Web: www.allgeier.com
Munich-based Allgeier SE is one of the leading consulting and service
companies in the German-speaking region. With more than 2,600 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 80 sites in the German-speaking region, and at further locations
in the rest of Europe, as well as in India, Mexico and the USA. Allgeier
generated EUR 379 million of revenue in 2011. 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.
End of Corporate News
---------------------------------------------------------------------
24.07.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: ALLGEIER SE
Wehrlestraße 12
81679 München
Germany
Phone: +49 (0) 89 - 99 84 21 0
Fax: +49 (0) 89 - 99 84 21 11
E-mail: info(at)allgeier.com
Internet: http://www.allgeier.com
ISIN: DE0005086300
WKN: 508630
Indices: CDAX
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
178890 24.07.2012
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 24.07.2012 - 11:54 Uhr
Sprache: Deutsch
News-ID 167904
Anzahl Zeichen: 10345
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 356 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: Allgeier SE publishes take-over offer for Easy Software AG"
steht unter der journalistisch-redaktionellen Verantwortung von
ALLGEIER SE (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
