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 - Seite 2

In the view of the Management Board and Supervisory Board, the price offered by Accenture for each SinnerSchrader share of 9.00 euros represents an attractive premium on the three-months average share price and the six-months average share price before the decision to launch the takeover offer of approx. 30.81 per cent and 38.25 per cent, respectively. The Management Board and Supervisory Board believe that the Offer Price reflects both the current intrinsic value of the SinnerSchrader share and SinnerSchrader's development potential.

In light of these assessments, the Management Board and the Supervisory Board welcome the takeover offer by Accenture and recommend the shareholders of SinnerSchrader AG to accept that offer.

The complete joint reasoned statement of the Management Board and the Supervisory Board can be accessed in the Internet at https://sinnerschrader.ag/Accenture .

ABOUT SINNERSCHRADER

SinnerSchrader is one of the leading digital agencies in Europe with the focus on the design and development of digital products and services. More than 500 employees work on digital transformation for companies such as Allianz, Audi, BMW, comdirect bank, ERGO, Telefónica, TUI, Unitymedia and VW. SinnerSchrader was founded in 1996, has been listed on the stock exchange since 1999 and has offices in Hamburg, Berlin, Frankfurt am Main, Munich, Prague and Hanover.

http://sinnerschrader.com

PRESS CONTACT

Carmen Fesenbeck

Corporate Communications
[e-mail]

INVESTOR RELATIONS CONTACT

Thomas Dyckhoff

CFO
[e-mail]

SinnerSchrader Aktiengesellschaft

Völckersstraße 38

22765 Hamburg


T. +49. 40. 39 88 55-0

F. +49. 40. 39 88 55-55

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06.04.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.