19 December 2024

OTRS AG: Closing of agreements for the acquisition of a majority stake of over 90% in OTRS AG by Optimus BidCo AG, an acquisition company of Easyvista SAS

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN ANY JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

Members of the Supervisory Board have resigned

Oberursel (Taunus), 18 December 2024:

OTRS AG (“Company”) (ISIN DE00A0S9R37, WKN A0S9R3) announces that Optimus BidCo AG, an acquisition company of Easyvista SAS, has completed and closed the acquisition of a total of over 90% of the Company’s shares, including from the two largest shareholders of the Company, VBGM GmbH (a company held by Mr. André Mindermann, chairman of the Board of Directors of the Company, and Sabine Lüders, member of the Board of Directors of the Company), and UX3 GmbH (a company held by Mr. Burchard Steinbild, former chairman of the Supervisory Board of the Company).

In the course of the takeover of OTRS AG by Optimus BidCo AG, Burchard Steinbild, Thomas Stewens and Prof. Dr. Oliver Hein have resigned from their positions on the Supervisory Board as agreed and left the Company.

Optimus BidCo AG intends to acquire the remaining shares in the Company by means of a voluntary public takeover offer at the same purchase price (EUR 17 per share) combined with a delisting, as well as to carry out a procedure pursuant Section 327a Stock Corporation Act (AktG) (squeeze-out).

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