DGAP-News

SINNERSCHRADER AG'S MANAGEMENT BOARD AND SUPERVISORY BOARD RECOMMEND TO ACCEPT THE TAKEOVER OFFER OF ACCENTURE IN THEIR JOINT STATEMENT PURSUANT TO § 27 WPÜG

DGAP-News: SinnerSchrader AG / Key word(s): Statement SINNERSCHRADER AG'S MANAGEMENT BOARD AND SUPERVISORY BOARD RECOMMEND TO ACCEPT THE TAKEOVER OFFER OF ACCENTURE IN THEIR JOINT STATEMENT PURSUANT TO § 27 WPÜG 06.04.2017 / 13:31 The issuer is solely responsible for the content of this announcement. Today, the Management Board and the Supervisory Board of SinnerSchrader AG issued the joint reasoned statement pursuant to § 27 of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz, "WpÜG") with respect to the voluntary public takeover offer put forward by Accenture Digital Holdings GmbH, a wholly-owned subsidiary of the Accenture Group, ("Accenture"), The takeover offer was announced on 20 February 2017 and the offer document was published on 27 March 2017.

Based upon a thorough review and deliberation of the takeover offer, the Management Board and the Supervisory Board came to the conclusion, that the offer fully satisfies the strategic objectives and legitimate interests of SinnerSchrader AG, the SinnerSchrader-Group, its employees and customers.

The Management Board and the Supervisory Board believe that by combining the business operations both partners will mutually benefit from the combined individual strengths of the SinnerSchrader-Group and the Accenture-Group. Access to the Accenture-Group's impressive international network and resources should, in the view of the Management Board and Supervisory Board, help SinnerSchrader to further expand and secure its technological and creative advantage as one of the leading digital agencies in the German speaking region over the longer term. The Management Board and the Supervisory Board expect that with the support of Accenture it will be in the position to increase even further the effectiveness and efficiency of the development and sale of innovative digital services and to preserve and further strengthen valuable business relationships with its key accounts.