Aareon AG, through Mary BidCo AB, completes acquisitions of approximately 93 per cent of the shares in Momentum Software Group AB and has initiated compulsory redemption proceedings
This press release is not an offer to acquire shares. This press release is made in accordancewith Rule III.1 of the Takeover Rules for certain trading platforms. On 20 June 2022, Aareon AG[1], through Mary BidCo AB[2] ("Mary BidCo"), entered into binding agreements to acquire 15,489,152 shares in Momentum Software Group AB ("Momentum" or the "Company"), corresponding to a holding of approximately 93 per cent of the shares and votes in Momentum, at a price of SEK 108 per share, valuing Momentum, based on all outstanding shares, at approximately SEK 1,797 million. Most of the