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Warburg Pincus attains 82.35% of all PSI shares - Additional Acceptance Period for Public Takeover Offer for PSI commences
Warburg Pincus attains 82.35% of all PSI shares - Additional Acceptance Period for Public Takeover Offer for PSI commences
About this update from Psi Software Se
Zest Bidco GmbH/ Key word(s): Tender Offer Warburg Pincus attains 82.35% of all PSI shares - Additional Acceptance Period for Public Takeover Offer for PSI commences 18.12.2025 / 13:15 CET/CESTThe issuer is solely responsible for the content of this announcement.Warburg Pincus attains 82.35% of all PSI shares –Additional Acceptance Period for Public Takeover Offer for PSI commences Warburg Pincus attains 82.35% of PSI's share capital through tendered or attributable PSI shares upon expiry of the initial acceptance periodShareholders who have not yet tendered their PSI shares can still accept the Offer during the additional acceptance period, which will end on 2 January 2026 at 24:00 hours (Frankfurt am Main local time)This is the final opportunity to accept the Offer and to receive the highly attractive premium of 62.6% to the undisturbed 3-month volume weighted average price prior to 9 October and of 83.7% to the Xetra closing share price on 8 October 2025Closing of the transaction is expected to take place in the first quarter of 2026. First regulatory clearances have already been grantedWarburg Pincus intends to delist PSI as soon as possible after the Offer with support of the Management Board of PSI. The delisting could make it difficult for remaining shareholders to sell their PSI shares in the future Berlin, 18 December 2025. Zest Bidco GmbH (the "Bidder"), a holding company indirectly controlled by funds managed by Warburg Pincus LLC (together "Warburg Pincus"), today published the results of its voluntary public takeover offer ("Offer") for all outstanding shares of PSI Software SE ("PSI", ISIN: ) at the end of the initial acceptance period.Upon the expiry of the initial acceptance period on 15 December 2025 at 24:00 hours (Frankfurt am Main local time), the Bidder has already secured approx. 80.83% of all PSI shares through shares tendered into the Offer, PSI shares already held by the Bidder and by persons acting jointly with the Bidder, and PSI shares that the Bidder will acquire from an anchor shareholder under a share purchase agreement. In addition, the Bidder holds cash-settled financial instruments relating to 1.52% of all PSI shares.PSI shareholders, who have not yet tendered their shares can still accept the Offer during the additional acceptance period which commences on 19 December 2025 and ends on 2 January 2026 at 24:00 hours (Frank...