Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Deutsche Boerse AG
  5. RIB Software SE
  6. News
  7. Summary
    RIB   DE000A0Z2XN6

RIB SOFTWARE SE

(RIB)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Schneider Electric Investment AG specifies transfer request and determines cash compensation for the intended squeeze-out under stock corporation law of the minority shareholders of RIB Software SE

09/22/2021 | 10:31am EDT

DGAP-Ad-hoc: RIB Software SE / Key word(s): Squeeze Out Schneider Electric Investment AG specifies transfer request and determines cash compensation for the intended squeeze-out under stock corporation law of the minority shareholders of RIB Software SE 22-Sep-2021 / 16:30 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

-----------------------------------------------------------------------------------------------------------------------

Schneider Electric Investment AG specifies transfer request and determines cash compensation for the intended squeeze-out under stock corporation law of the minority shareholders of RIB Software SE

Stuttgart, September 22, 2021. Today, the main shareholder of RIB Software SE, Schneider Electric Investment AG, Düsseldorf, has submitted to RIB Software SE the specific formal request to have the General Meeting of RIB Software SE resolve on the transfer of the shares of the remaining shareholders of RIB Software SE (minority shareholders) to Schneider Electric Investment AG in return for an appropriate cash compensation (squeeze-out under stock corporation law).

The required resolution is to be adopted at an Extraordinary General Meeting of RIB Software SE scheduled for November 3, 2021. Schneider Electric Investment AG holds shares in RIB Software SE in the amount of approximately 96.28 % of the share capital.

The amount of the cash compensation offered by Schneider Electric Investment AG to the minority shareholders of RIB Software SE for the transfer of the shares amounts to EUR 41.72 per registered no-par value share of RIB Software SE on the basis of a business valuation carried out. The appropriateness of the cash compensation is currently still being reviewed by the court-selected and appointed expert auditor.

-----------------------------------------------------------------------------------------------------------------------

22-Sep-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

-----------------------------------------------------------------------------------------------------------------------

Language:     English 
Company:      RIB Software SE 
              Vaihinger Str. 151 
              70567 Stuttgart 
              Germany 
Phone:        +49 (0)711-7873-0 
Fax:          +49 (0)711-7873-311 
E-mail:       info@rib-software.com 
Internet:     www.rib-software.com 
ISIN:         DE000A0Z2XN6 
WKN:          A0Z2XN 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1235348 
 
End of Announcement  DGAP News Service 
=------------ 

1235348 22-Sep-2021 CET/CEST

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1235348&application_name=news

(END) Dow Jones Newswires

September 22, 2021 10:30 ET (14:30 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
RIB SOFTWARE SE -0.23% 42.6 Delayed Quote.50.74%
SCHNEIDER ELECTRIC SE 1.59% 142.84 Real-time Quote.18.85%
All news about RIB SOFTWARE SE
09/23SCHNEIDER ELECTRIC : Unit Determines Purchase Price In RIB Software Squeeze-Out
MT
09/22Schneider Electric Investment AG specifies transfer request and determines cash compens..
DJ
09/08RIB SOFTWARE : RIB) signs a Phase-II-contract (No. 42 / 2021) with HEITKAMP
EQ
09/08PRESS RELEASE : RIB Software SE (RIB) signs a Phase-II-contract (No. 42 / 2021) with HEITK..
DJ
09/08RIB Software SE Signs A Phase-II-Contract (No. 42 / 2021) with HEITKAMP
CI
09/07RIB SOFTWARE : RIB) signs a Phase-II-contract (No. 41 / 2021) with Georg Gerhäuser Hoch & ..
EQ
09/07PRESS RELEASE : RIB Software SE (RIB) signs a Phase-II-contract (No. 41 / 2021) with Georg..
DJ
09/07RIB Software Se Signs A Phase-II-Contract (No. 41 / 2021) with Georg Gerhäuser Hoch & T..
CI
09/06RIB SOFTWARE : RIB) signs a Phase-II-contract (No. 40 / 2021) with Alfred Döpker
EQ
09/06PRESS RELEASE : RIB Software SE (RIB) signs a Phase-II-contract (No. 40 / 2021) with Alfre..
DJ
More news
Financials
Sales 2021 295 M 343 M 343 M
Net income 2021 - - -
Net cash 2021 145 M 169 M 169 M
P/E ratio 2021 138x
Yield 2021 0,52%
Capitalization 2 232 M 2 592 M 2 592 M
EV / Sales 2021 7,07x
EV / Sales 2022 5,97x
Nbr of Employees 2 541
Free-Float 3,81%
Chart RIB SOFTWARE SE
Duration : Period :
RIB Software SE Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 1
Last Close Price 42,70 €
Average target price 27,30 €
Spread / Average Target -36,1%
EPS Revisions
Managers and Directors
Thomas Wolf Chairman, Chief Executive Officer & MD
Michael Sauer COO, Co-Chief Financial Officer, Director & MD
Tobias Hamacher Co-Chief Financial Officer & Managing Director
Michael Woitag Chief Technology Officer
Matthias Rumpelhardt Independent Director
Sector and Competitors
1st jan.Capi. (M$)
RIB SOFTWARE SE51.10%2 592
ACCENTURE PLC36.46%225 142
TATA CONSULTANCY SERVICES LTD.22.01%172 194
INTERNATIONAL BUSINESS MACHINES CORPORATION1.59%114 406
SNOWFLAKE INC.21.36%102 757
INFOSYS LIMITED35.97%95 366