Relesys A/S | Company Announcement
Company announcement no. 9-2024
Request for removal from trading on Nasdaq First North Growth Market Denmark
In continuation of company announcements no 4-2024 and no. 8-2024 with respect to the sale of approximately 93.5% of the shares in Relesys A/S ("Relesys") to
The request is based on the simplified procedure pursuant to rule 2.6(c)(i) of supplement D to the Nasdaq First North Growth Market Rulebook for Issuers of Shares dated
Subject to approval from Nasdaq, the last day of trading of Relesys' shares on Nasdaq First North Growth Market Denmark is expected to be on
Expected commencement of compulsory redemption
Furthermore, Relesys has been informed that Copilot intends to exercise its rights under sections 70 and 72 of the Danish Companies Act, meaning that all remaining minority shareholders of Relesys are expected to be requested to transfer their remaining shares in Relesys to Copilot.
The compulsory redemption will be requested in a separate notice which will be published in
Certified Adviser for Relesys
Stockholmsgade 45
2100 Copenhagen Ø
CONTACT DETAILS
Relesys:
Chair
(+45) 2441 5090
Copilot:
hannah@copilotcptl.com
(+44) 333-242-4008
ABOUT RELESYS
Relesys is a Software-as-a-Service (SaaS) company founded with the sole purpose of creating a more engaged and united workforce. The communication and performance platform enables companies to strengthen their internal communication and performance by providing employees access via an intuitive user-friendly app, with all the information they need to succeed with their jobs, thus improving the overall performance. Relesys has a strong product-market-fit within the retail industry, but the platform has proven valuable for other industries where a large proportion of the workforce is not working from a desk in front of a computer and who are isolated from the rest of the organization. Relesys provides a scalable software solution and has already a proven track record internationally. At the end of 2023, Relesys had 196 clients with more than 396,000 licenses in 97 countries and supports 33 different languages. The customer base of Relesys includes brands such as
ABOUT COPILOT
Copilot is a lower mid-market buyout fund dedicated to growing the next generation of European software and data champions. Copilot strategically partners with companies generating E5-E15 million in annual recurring revenue (ARR), guiding them on a path to E50 million ARR and beyond.
Copilot employs proven, repeatable strategies designed to accelerate the growth of market leading products. Copilot's active approach embraces calculated risk-taking and aims for excellence.
Copilot is based in
https://news.cision.com/relesys-a-s/r/relesys-a-s-announces-request-for-removal-from-trading-and-expected-commencement-of-compulsory-redem,c3977453
https://mb.cision.com/Main/21035/3977453/2791855.pdf
(c) 2024 Cision. All rights reserved., source