Planned issuance of SimCorp shares in connection with the acquisition of Italian software company APL Italiana S.p.A.
As announced earlier today in Company Announcement No. 27/2017, SimCorp has signed an agreement to acquire all shares in APL Italiana S.p.A. for a total enterprise value of EUR 35m. This includes EUR 10m in SimCorp shares. The purchasing price will be adjusted upwards with estimated EUR 3m upon closing of the agreement. SimCorp hereby discloses additional information regarding the planned issuance of shares as part of the acquisition agreement: SimCorp's issuance of new shares will be directed towards Carlo Alberto Spinicci, Lorenzo Cavalleri, and Ferrante Gaetani dell'Aquila d'