Vencora UK Limited entered into agreement to acquire 62% stake in Crealogix Holding AG (SWX : CLXN) for CHF 52.29972 million on November 15, 2023. Under the terms, maximum 0.871662 million shares will be acquired at a price of CHF 60. Transaction is unanimously recommended by CREALOGIX?s board of directors, and certain CREALOGIX shareholders holding in aggregate 51.66% have agreed to concurrently sell their shares in CREALOGIX to Vencora. 0.725746 million shares will be acquired under the share purchase agreement. Offer is subject to approval of minimum acceptance, Merger Clearances, Foreign Direct Investment and Other Approval. The Offeror will finance or procure the financing of the Offer with own funds of the CSI Group available to it for purposes of the Offer. As of January 18, 2024, 622,800 Crealogix Shares have been tendered into the Offer until the end of the Main Offer Period, corresponding to 71.45% of all Crealogix Shares to which the Offer relates as of the end of the Main Offer Period. The definitive notice of the interim result is expected to be published on January 24, 2024. If the Offer is declared successful (zustande gekommen) in the definitive notice of the interim result, the Additional Acceptance period of ten (10) Trading Days for the subsequent acceptance of the Offer will commence on January 25, 2024 and expire on February 7, 2024.

Marcel Jans, Oliver Ambs,Klaus Krohmann of BDO AG advised Constellation Software Inc. UBS AG acted as financial advisor to Crealogix. IFBC AG acted as fairness opinion provider to the Board of Directors of Crealogix.

Vencora UK Limited completed the acquisition of 47.15613% stake in Crealogix Holding AG (SWX : CLXN) on February 7, 2024. As part of tender offer, 662,422 shares were tendered. Based on preliminary figures and including the 725,746 CREALOGIX shares acquired by VENCORA UK Limited from certain CREALOGIX shareholders under a
sharepurchase agreement - which has not yet been consummated - and the 3,454 CREALOGIX shares held by CREALOGIX Holding AG or any of its subsidiaries, the participation of VENCORA UK Limited, its affiliates and such other persons acting in concert with VENCORA UK Limited as of the end of the additional acceptance period is 1,391,622 CREALOGIX shares in aggregate, corresponding to 99.07% of the issued share capital and voting rights of CREALOGIX Holding AG. Daniel Hasler, Micha Fankhauser, Benjamin Leisinger and Richard Stäuber of Homburger AG acted as legal advisor to Vencora and Constellation Software.