Warburg Pincus Secures 82.35% of PSI Shares, Opens Additional Acceptance Period

Warburg Pincus has acquired 82.35% of the shares in PSI Software SE, triggering an additional acceptance period for shareholders. This period, from December 19, 2025, to January 2, 2026, offers a substantial premium: 62.6% above the average price over the past three months and 83.7% above the October 8, 2025 closing price. The transaction is anticipated to conclude in the first quarter of 2026, with necessary regulatory approvals already underway.

Furthermore, Warburg Pincus aims to delist PSI from the stock exchange post-offer, aspiring to enhance financial flexibility and achieve a stable ownership structure. The PSI Management Board supports this delisting, viewing it as advantageous for long-term strategic goals. This move, however, could reduce the volume of traded shares, complicating the sale of remaining shares for shareholders.