77.9% OF ICT GROUP SHARES IN TOTAL TENDERED UNDER THE OFFER; NEXT STEPS ANNOUNCED ON OR BEFORE 28 JULY 2021
Rotterdam/Amsterdam/Maarsbergen, the Netherlands, 23 July 2021
During the Offer Period, that expired at 17:40 hours (CEST) on 23 July 2021, 7,549,314 Shares were tendered under the Offer, representing approximately 77.9% of the Shares and an aggregate value of approximately EUR 112.5 million (at an Offer Price of EUR 14.90 (cum dividend) in cash per Share, adjusted to EUR 14.50 (cum dividend) in cash per Share for the dividend of EUR 0.40 per Share). This number of 7,549,314 Shares includes all Shares held by Teslin, Mavawe B.V., Invesco Limited, Stichting Administratiekantoor Participatieplan ICT and members of the Executive Board of ICT Group tendered pursuant to their respective irrevocable undertaking.
Next steps
A condition for the Offeror to declare the Offer unconditional is obtaining at least 80% of the Shares. Since the percentage of shares tendered under the Offer is 77.9%, the Offeror will consider its options and inform the market in due course, no later than on 28 July 2021.