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    Allgeier SE

    Dr. Christopher Große
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    Tel.: +49 89 998421-0
    Fax: +49 89 998421-11
    E-Mail: ir@allgeier.com

Investor Relations
Allgeier SE: Resolution on the spin-off of the Nagarro Group and dividend

08/14/2020

ALLGEIER SE / Key word(s): Strategic Company Decision/Dividend
Allgeier SE: Resolution on the spin-off of the Nagarro Group and dividend

14-Aug-2020 / 13:14 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Munich, August 14, 2020 – The Management Board and Supervisory Board of Allgeier SE (ISIN DE000A2GS633, WKN A2GS63) have decided in their meetings today to submit the spin-off of the Nagarro Group to the Annual General Meeting of Allgeier SE for approval. The Annual General Meeting of Allgeier SE shall take place on September 24, 2020. The spin-off agreement between Allgeier SE and Nagarro SE will be notarized today. The spin-off report and the spin-off agreement will be published together with the invitation to the Annual General Meeting of Allgeier SE in the course of next week.

Furthermore, due to the positive business development 2019, the Management Board and Supervisory Board of Allgeier SE have decided that the payment of a dividend of EUR 0.50 per share for the financial year 2019 is appropriate and justified. The Management and Supervisory Boards will propose a corresponding resolution proposal to the Annual General Meeting. The decision was taken by the Management Board and Supervisory Board against the background of the sustained good business performance in the first half of 2020. Finally, the Management and Supervisory Boards have decided that Allgeier SE’s treasury shares should be sold before the spin-off of Nagarro Group becomes effective. Allgeier SE currently holds 105,351 treasury shares. The disposal of the treasury shares to interested investors is to be carried out in the next three months via the stock exchange or as a so-called block trade.

Contact:

Allgeier SE
Corporate Communications & Investor Relations
Dr. Christopher Große
Einsteinstraße 172
81677 Munich
Phone: +49 (0)89/998421-0
Fax: +49 (0)89/998421-11
E-mail: ir@allgeier.com
Web: www.allgeier.com