Munich, March 22, 2017 – Allgeier SE (ISIN DE0005086300, WKN 508630) signed a purchase agreement with Ciber, Inc., Greenwood Village, Colorado, USA, on February 3, 2017, concerning German companies Ciber AG and Ciber Managed Services GmbH, Ciber France SAS, as well as further assets (see ad hoc announcement of February 3, 2017). Along with approval by Germany’s anti-trust authority, the Bundeskartellamt, which was issued on February 21, 2017, execution of the agreement depends on further conditions, and requires the contractual parties to conduct further actions about implementation. Some of these conditions and actions cannot currently be established or implemented in the agreed form. As a consequence, the Management Board of Allgeier SE has arrived at the assessment today that the purchase agreement that was signed on February 3, 2017 cannot be executed at present. For this reason, the contractual parties have started talks about a potential alternative structure to the transaction, which, rather than acquiring the companies, aims instead at purchasing the assets and contractual relationships of Ciber AG, Ciber Managed Services GmbH, Ciber France SAS and Ciber Denmark (asset deal).
 

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Allgeier SE
Corporate Communications & Investor Relations
Dr. Christopher Grosse
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Email: ir@allgeier.com
Web: www.allgeier.com

Allgeier SE is one of the leading IT companies for digital transformation: with a growth strategy oriented to innovations and future trends, as well as an integrative business model, Allgeier seizes the opportunities that digitalization offers. Three operating segments, each with their individual specialist or sector-related focal points, work together for around 3,000 customers from almost all business sectors. With more than 6,300 salaried employees and more than 1,300 freelance experts, Allgeier offers its customers an extensive one-stop-shop range of solutions and services. With a highly flexible delivery model, Allgeier covers the entire IT service spectrum from on-site through to nearshore and offshore: with a strong business pillar in India, the company secures flexibility and maximum scalability of services, as well as highly qualified high-end software development expertise. Allgeier customers include globally operating groups as well as innovative medium-size business operations that aim to secure strategic advantages through high-performance IT solutions, intelligent software and flexible personnel services. This Munich-based, fast-growing Group maintains more than 100 branches in German-speaking countries, in nine other European countries, as well as in India, Singapore, Vietnam, Mexico and the USA. Allgeier generated EUR 498 million of revenue in 2016 (continuing operations) according to preliminary figures. Allgeier SE ranks first in the 2016 Lünendonk(R) list of “Leading German Medium-Sized IT Consultants and System Integrators”. According to the Lünendonk(R) 2016 market segment study “The Market for Recruiting, Mediating and Managing IT Freelancers in Germany”, Allgeier Experts ranks among Germany’s top three IT personnel service providers. Allgeier SE is listed on the Regulated Market of the Frankfurt Stock Exchange (WKN 508630, ISIN DE0005086300). For more information, visit: www.allgeier.com.