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Press release – simplified tender offer from Castillons SAS

Castillon SAS, Devoteam’s controlling shareholder, has increased its stake to 85% after acquiring the shares held by Amiral Gestion and is launching a simplified public purchase offer at a price of 168.50 euros per share for the remaining capital.

  • 168.50 per share, representing a premium of 23.2% over the closing price on October 13, 2021 and of 28.0% over the volume-weighted average share price over the 30 trading days preceding the announcement of the Offer;
  • 85% of Devoteam’s capital held by Castillon following the acquisition of the shares held by Amiral Gestion, representing 4.4% of the capital (i.e. 86.3% including Devoteam’s treasury shares);
  • Mr. Godefroy and Mr. Stanislas de Bentzmann, controlling shareholders of Castillon, are strengthening their control over the Group they created, with the support of KKR as a financial partner;
  • The Supervisory Board of Devoteam has given a favorable and unanimously welcome to the proposed simplified public offer. It has set up an ad hoc committee and appointed Eight Advisory as an independent expert.

Download the Press release