EasyVista S.A. concluded purchase agreement to acquire 75.08% stake in OTRS AG (DB:TR9) from Vbgm GmbH and Ux3 GmbH for ?24.5 million on November 22, 2024. The acquisition will be made by EasyVista S.A through Optimus BidCo AG. A cash consideration of ?24.46 million valued at ?17 per share will be paid by EasyVista S.A. As part of the acquisition, EasyVista S.A will acquire 69.28% or approximately 1.3 million ordinary shares from Vbgm GmbH and Ux3 GmbH. Part of the purchase price under the main purchase agreement will not be paid in cash. The sellers will by way of re-investment receive shares in Easyvista Holding SAS, Noisy-le-Grand/France, the parent company of Easyvista SAS. Additionally, EasyVista S.A. intends, after fulfilment of the conditions for, and closing of, the aforementioned purchase agreements, to acquire the remaining shares in OTRS AG at the same purchase price (?17.00 per share) combined with a delisting, as well as to carry out, as the case may be, a procedure pursuant Section 327a Stock Corporation Act (AktG) (squeeze-out).

The closing of all purchase agreements is subject to customary closing conditions and is expected to take place within one month after the signing. Marc Niclas, Matthias Hogh, Daniel Martin Vicario, Achille Courtois, Jan Linnemann and Frank Wallbott of Eight Advisory Germany GmbH acted as financial and tax due diligence advisor to EasyVista S.A.

EasyVista S.A. completed the acquisition of 90% stake in OTRS AG (DB:TR9) from Vbgm GmbH and Ux3 GmbH for ?29.3 million on December 18, 2024. In the course of the takeover of OTRS AG by Optimus BidCo AG, Burchard Steinbild, Thomas Stewens and Prof. Dr. Oliver Hein have resigned from their positions on the supervisory board as agreed and left the Company. Jérôme Friedrich, Peter Breschendorf, Thorsten Stuecklin, Andreas Kopp of Fried, Frank, Harris, Shriver & Jacobson LLP act as legal advisor for EasyVista S.A.