EQS-News: CANCOM SE: Voluntary public share buyback offer 2024 successfully completed
EQS-News: CANCOM SE
/ Key word(s): Share Buyback
CANCOM SE: Voluntary public share buyback offer 2024 successfully completed
29.07.2024 / 18:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
Voluntary public share buyback offer 2024 successfully completed
Munich, Germany, 29 July 2024 - CANCOM SE (ISIN DE0005419105) was tendered a total of 4,598,649 shares as part of its voluntary public share buyback offer by the end of the acceptance period on 24 July 2024, 24:00 hours.
The share buyback offer related to the acquisition of up to 3,501,705 shares of CANCOM SE, corresponding to 10% of the share capital, at an offer price of EUR 33.00 per share. The total number of CANCOM shares tendered thus exceeds the maximum number of shares in the share buyback offer, resulting in a proportional allocation in accordance with the allocation ratio, rounded down to the next full number of shares. The allocation ratio is approximately 76.15 %.
The settlement of the tendered shares and thus the purchase price payment to the custodian banks will take place on 1 August 2024. Shares that could not be included in the allocation will be booked back to the original ISIN DE0005419105 / WKN 541910.
About CANCOM
As a leading Digital Business Provider, CANCOM leads companies, organizations and the public sector into the digital future. The range of services and solutions includes classic system house IT solutions as well as data-based digital solutions, managed services and cloud services. We accompany the digital evolution of our customers with passion and technology and support them in reducing the complexity of their IT and developing new business models. We offer a holistic portfolio for all IT and business requirements.
The CANCOM Group's offering comprises innovative solutions in the areas of Artificial Intelligence, Security Network, Datacenter Cloud, IoT Solutions and Modern Workplace and includes services for the entire IT lifecycle – from the provision of IT infrastructures, planning and integration, to support, managed services and XaaS. Customers benefit from the extensive expertise with which their diverse requirements are translated into concrete industry-specific IT solutions to significantly promote their business success.
The more than 5,600 employees of the internationally active CANCOM Group with around 80 locations in the DACH region, Belgium, Slovakia, Romania and the Czech Republic as well as an efficient partner network ensure market presence and customer proximity. The CANCOM Group is managed by Rüdiger Rath (CEO), Jochen Borenich (CSO) and Thomas Stark (CFO). The company is headquartered in Munich. CANCOM generated annual revenue of around 1.5 billion euros in 2023. The Group parent company CANCOM SE is listed on the Frankfurt Stock Exchange in the TecDAX and SDAX (ISIN DE0005419105).
Contact
Lars Dannenberg
Vice President Investor Relations Corporate Strategy
+49 89 54054 5371
lars.dannenberg@cancom.de
Note
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Data protection notification
You are receiving this notification because you are included in the CANCOM investor information e-mail distribution list. You have been included as you have indicated in the past to be informed about company news. For this reason CANCOM stores and processes personal data like name and e-mail address to be able to provide to you this service. CANCOM stores and uses this data solely to obtain information about the development of the shareholder communication and to be able to contact investors as part of the investor relations activities.
General information on the use of data by CANCOM
CANCOM will not pass on personal data obtained in the course of investor relations activities to third parties without the express consent of the person concerned. The only exception to this rule is that CANCOM receives a request for data transmission from competent authorities such as the Federal Financial Supervisory Authority.
Even after you have agreed to receive investor information from us and thus permitted CANCOM to store and use your personal data, you have the right to revoke this agreement at any time. All you need to do is send an informal message by e-mail to widerspruch@cancom.de or to ir@cancom.de
For any further information about CANCOM's privacy policy, who to contact or your individual rights as a data subject, please visit our website https://www.cancom.com/privacy-protection/
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