SoftwareONE Holding AG / Key word(s): Offer/Miscellaneous Media Release – ad hoc announcement pursuant to Art. 53 LR SoftwareOne statement regarding second proposal from Bain Capital Stans, Switzerland I 20 July 2023 – The Board of SoftwareOne Holding AG confirms that it has received a second indicative, unsolicited and non-binding offer from Bain Capital for the acquisition of 100% of the Company in the range of CHF 19.50-20.50 per share, subject to various conditions. In line with its fiduciary duty, the Board is assessing the revised proposal and will make a recommendation that it believes is in the best interest of all shareholders. A further announcement will be made if and when appropriate.
CONTACT Anna Engvall, Investor Relations Tel. +41 44 832 41 37, anna.engvall@softwareone.com FGS Global, Media Relations Tel. +41 44 562 14 99, press.softwareone@fgsglobal.com
ABOUT SOFTWAREONE SoftwareOne is a leading global software and cloud solutions provider that is redefining how organizations build, buy and manage everything in the cloud. By helping clients to migrate and modernize their workloads and applications – and in parallel, to navigate and optimize the resulting software and cloud changes – SoftwareOne unlocks the value of technology. The company’s ~9,000 employees are driven to deliver a portfolio of 7,500 software brands with sales and delivery capabilities in 90 countries. Headquartered in Switzerland, SoftwareOne is listed on the SIX Swiss Exchange under the ticker symbol SWON. Visit us at www.softwareone.com SoftwareOne Holding AG, Riedenmatt 4, CH-6370 Stans CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION This media release may contain certain forward-looking statements relating to the group’s future business, development and economic performance. Such statements may be subject to a number of risks, uncertainties and other important factors, such as but not limited to force majeure, competitive pressures, legislative and regulatory developments, global, macroeconomic and political trends, the group’s ability to attract and retain the employees that are necessary to generate revenues and to manage its businesses, fluctuations in currency exchange rates and general financial market conditions, changes in accounting standards or policies, delay or inability in obtaining approvals from authorities, technical developments, litigation or adverse publicity and news coverage, each of which could cause actual development and results to differ materially from the statements made in this media release. SoftwareOne assumes no obligation to update or alter forward-looking statements whether as a result of new information, future events or otherwise.
End of Inside Information |
Language: | English |
Company: | SoftwareONE Holding AG |
Riedenmatt 4 | |
6370 Stans | |
Switzerland | |
Phone: | +41 44 832 41 69 |
E-mail: | info.ch@softwareone.com |
Internet: | www.softwareone.com |
ISIN: | CH0496451508 |
Valor: | A2PTSZ |
Listed: | SIX Swiss Exchange |
EQS News ID: | 1684905 |
End of Announcement | EQS News Service |
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1684905 20-Jul-2023 CET/CEST
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