Sopra Steria: A Significant Milestone Achieved in the Group’s Strategy to Refocus Its Activities on Digital Services and Solutions
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signature of the agreement for the sale by
Sopra Steria to Axway Software of most of Sopra Banking Software’s activities -
signature of the agreement for the sale by
Sopra Steria to Sopra GMT of 3.619 millionAxway shares
The funding structure of these operations will remain identical to that announced in
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The acquisition of Sopra Banking Software’s assets by Axway Software will be partially funded by a capital increase with pre-emptive subscription rights for existing shareholders.
Sopra Steria will not participate in this capital increase and will sell its pre-emptive subscription rights to Sopra GMT. As part of this capital increase, Sopra GMT will exercise its pre-emptive subscription rights as well as those acquired fromSopra Steria , and will subscribe, if applicable, for any shares that have not been subscribed by the end of the subscription period. The agreement forSopra Steria to sell its pre-emptive subscription rights to Sopra GMT and Sopra GMT’s commitment toAxway in connection with this capital increase were also signed onMay 31 2024 .
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Sopra GMT, the holding company and core shareholder that holds a 19.6% stake in
Sopra Steria , will fund these transactions by means of a capital increase reserved for a financial partner,One Equity Partners 2, with which Sopra GMT has also entered into a binding agreement.
On
The objective remains unchanged to complete these transactions as soon as possible by the end of the third quarter of 2024. These transactions will be subject to the requisite regulatory approvals, including a decision by the AMF not requiring a public offer to be filed, and the AMF’s approval of the prospectus to be filed by
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1 Excluding intercompany transactions, which represented revenue of €24 million
2
View source version on businesswire.com: https://www.businesswire.com/news/home/20240602625460/en/
Investor Relations
Olivier Psaume
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+33 (0)1 40 67 68 16
Press Relations
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+33 (0)1 53 70 74 65
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