DATAGROUP will not pursue the spin-off of its subsidiary Almato AG

EQS-Ad-hoc: DATAGROUP SE / Key word(s): Strategic Company Decision DATAGROUP will not pursue the spin-off of its subsidiary Almato AG 09-Jan-2025 / 20:28 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group. The issuer is solely responsible for the content of this announcement. DATAGROUP will not pursue the spin-off of its subsidiary Almato AG

Pliezhausen, January 9, 2025. DATAGROUP SE (“DATAGROUP”, WKN A0JC8S) has completed the review of the spin-off of its 100 % stake in Almato AG (“Almato”) to a separate company as a new holding company. DATAGROUP has come to the conclusion that the planned advantages of a spin-off in the current market environment cannot be achieved with certainty through a spin-off and a subsequent listing of the shares of this company. Accordingly, this measure will not be proposed to the Annual General Meeting of DATAGROUP SE on March 18, 2025 for resolution. Due to the currently difficult conditions in the small and especially in the micro cap segment, DATAGROUP does not expect that a spin-off of Almato with a subsequent listing on the open market would be able to realize its higher valuation with sufficient certainty and would thus contribute to an increase in shareholder value.

DATAGROUP will therefore push the further development of Almato and especially of the semantic data platform Bardioc under its own roof until further notice. However, DATAGROUP is keeping its options open for the future carve-out of the company at a later stage.

 

Contact:
DATAGROUP SE
Investor Relations
Anke Banaschewski
Wilhelm-Schickard-Str. 7
D-72124 Pliezhausen
[e-mail]

End of Inside Information

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09-Jan-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:	English
Company:	DATAGROUP SE
	Wilhelm-Schickard-Str. 7
	72124 Pliezhausen
	Germany
Phone:	[phone]
Fax:	[phone]
Internet:	www.datagroup.de
ISIN:	DE000A0JC8S7
WKN:	A0JC8S
Indices:	Scale 30
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange; London
EQS News ID:	2064873

End of Announcement	EQS News Service

2064873  09-Jan-2025 CET/CEST