Acceptance Period of Warburg Pincus' Voluntary Public Takeover Offer for PSI Software SE commences

EQS-News: Zest Bidco GmbH / Key word(s): Tender Offer Acceptance Period of Warburg Pincus' Voluntary Public Takeover Offer for PSI Software SE commences 17.11.2025 / 12:24 CET/CEST The issuer is solely responsible for the content of this announcement. Acceptance Period of Warburg Pincus' Voluntary Public Takeover Offer for PSI Software SE commences

 

• Offer Price of EUR 45.00 representing a highly attractive premium of 62.6% to the undisturbed 3-month volume weighted average price prior to 9 October 2025 and of 83.7% to the Xetra closing share price on 8 October 2025.
• Acceptance period commences today and will end on 15 December 2025 at 24:00 hours (Frankfurt am Main local time). Closing of the transaction is expected to take place in the first quarter of 2026.
• Management Board and Supervisory Board of PSI support the Offer and intend to recommend shareholders to accept the Offer.
• Warburg Pincus intends to delist PSI as soon as possible after the Offer with support of the Management Board of PSI.

Berlin, 17 November 2025. Following approval by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, "BaFin"), Zest Bidco GmbH, a holding company indirectly controlled by funds managed by Warburg Pincus LLC (together "Warburg Pincus") today published the offer document for its voluntary public takeover offer ("Offer") for all outstanding shares of PSI Software SE ("PSI", ISIN: DE000A0Z1JH9), for a cash consideration of EUR 45.00 per PSI share ("Offer Price").

Beginning today, PSI shareholders can accept the Offer and tender their shares for the Offer Price. The acceptance period will end on 15 December 2025 at 24:00 hours (Frankfurt am Main local time) / 18:00 hours (New York local time). Details on how the Offer can be accepted are set out in the offer document. PSI shareholders should contact their respective custodian bank to tender their shares and inquire for any relevant deadlines set by their custodian bank which may require actions prior to the formal end of the acceptance period.