Wednesday, December 09, 2015

The board of directors of IFS will evaluate the public offer from IGT Holding

IGT Holding IV AB (”IGT Holding”), a company indirectly wholly owned by EQT VII [1] (“EQT”), announced on December 7, 2015 a public offer to the shareholders in Industrial and Financial Systems, IFS Aktiebolag (publ.) (“IFS” or the “Company”) to acquire all outstanding A- and B-shares in IFS at a price of SEK 362.50 per share (the “Offer”). The total value of the Offer is approximately SEK 9.05 billion [2].

The Offer is unconditional and is fully financed through equity from EQT. The acceptance period is expected to commence on December 10, 2015 and end on January 4, 2016. Settlement is expected to commence around December 23, 2015 for those who have accepted the Offer no later than December 18, 2015, and around January 12, 2016 for those who have accepted the Offer after December 18, 2015 but no later than January 4, 2016. For more details about the Offer, please refer to EQT’s press release and other information on www.eqtinfo.se.

The Board of Directors [3] will, in accordance with applicable regulations, evaluate the Offer from IGT Holding to the shareholders of the Company and announce its opinion on the Offer at the latest on December 21, 2015.

Stockholm, December 9, 2015
IFS Board of Directors

[1] EQT VII comprises EQT VII (No.1) Limited Partnership, EQT VII (No.2) Limited Partnership (together the “Partnerships”) as well as certain co-investment schemes established to invest alongside the Partnerships. EQT Services (UK) Limited acts as the manager of the Partnerships and certain of the schemes, and is authorized and regulated by the United Kingdom Financial Conduct Authority.
[2] Based on the total number of shares in the Company.
[3] Anders Böös and Bengt Nilsson will not participate in the evaluation of the Offer.

About IFS

IFS™ is a globally recognized leader in developing and delivering enterprise software for enterprise resource planning (ERP), enterprise asset management (EAM) and enterprise service management (ESM). IFS brings customers in targeted sectors closer to their business, helps them be more agile and enables them to profit from change. IFS is a public company (XSTO: IFS) founded in 1983 and currently has over 2,700 employees. IFS supports more than 2,400 customers worldwide from its network of local offices and through a growing ecosystem of partners. For more information visit: www.ifsworld.com.

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Visit the IFS Blog on technology, innovation and creativity: http://blog.ifsworld.com/

IFS discloses the information provided herein pursuant to the Financial Instruments Trading Act (1991:980) and/or the Securities Markets Act (2007:528).
The information was submitted for publication on December 9, 2015 at 1:00 p.m. (CET).

Contact Information

Ulrika Hagdahl

Phone: +46 8 58 78 45 00

Contact Ulrika Hagdahl

Head of Investor Relations Frédéric Guigues

Phone: 46 8 58 78 45 00

Contact Frédéric Guigues