SQS Software Quality Systems AG Acquisition of Thinksoft completes (0081E)
April 03 2014 - 10:05AM
UK Regulatory
TIDMSQS
RNS Number : 0081E
SQS Software Quality Systems AG
03 April 2014
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT IS NOT FOR
RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN
WHOLE OR IN PART, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO
SO MIGHT CONSTITUTE A VIOLATION OF LOCAL APPLICABLE SECURITIES LAWS
OR REGULATIONS.
For immediate release
SQS Software Quality Systems AG
("SQS" or the "Company")
Acquisition of Thinksoft completes
The Company is pleased to announce that, following the
conclusion of the Tender Offer process in India, the Company has
acquired 53.35 per cent. of the issued share capital of Thinksoft.
The Acquisition was completed following acceptance by shareholders
of Thinksoft representing 0.28 per cent. of the issued share
capital of Thinksoft pursuant to the Tender Offer, and the sale by
the Founders of additional shares representing 27.31 per cent. of
the issued share capital of Thinksoft to SQS.
Defined terms in this announcement shall have the same meaning
as those set out in the Company's announcement of 8(th) November
2013.
Enquiries:
SQS Software Quality Systems AG +49 (2203) 91 54 0
Diederik Vos, Chief Executive Officer
René Gawron, Chief Financial Officer
Canaccord Genuity Limited (Nomad and Joint Broker) + 44 (0) 20 7523 8000
Corporate Finance: Simon Bridges / Peter Stewart / Cameron
Duncan
ECM: Tim Redfern / Kit Stephenson
Westhouse Securities (Joint Broker) +44 (0) 20 7601 6100
Corporate Finance: Robert Finlay / Antonio Bossi
Corporate Broking: Henry Wilcocks / Richard Johnson
Walbrook PR Limited +44 (0) 20 7933 8780
Bob Huxford / Helen Westaway
This information is provided by RNS
The company news service from the London Stock Exchange
END
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