Zest Bidco GmbH Announces Takeover Offer for PSI Software SE

Zest Bidco GmbH, a holding company indirectly controlled by funds managed by Warburg Pincus LLC, has declared its intention to acquire PSI Software SE. The acquisition is structured as a public delisting offer, targeting all no-par value registered shares of PSI Software SE not already owned by the bidder. This offer is based on a cash consideration equal to the statutory minimum price.

The delisting process will involve revoking the admission of PSI shares to the Frankfurt Stock Exchange and ceasing their trade in other markets. The German Federal Financial Supervisory Authority will review the offer document before publishing it on the internet. Investors are urged to review this document thoroughly once available as it will contain critical information.