Vitec Software Group AB (publ) (OM:VIT B) acquired LDC I-TALENT SOLUTIONS B.V. on January 25, 2024. Payment will be in cash and with a convertible, with deviation from shareholders' preferential rights in accordance with the authorization from the Annual General Meeting on April 25, 2023. The convertible matures in 36 months and at full conversion will have a dilutive effect on capital of less than 0.1%. The acquisition is expected to yield an immediate increase in earnings per share for Vitec. Consolidation will commence as of the acquisition date. For FY 2023, LDC reported revenue of ?2.0 million.

Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of LDC I-TALENT SOLUTIONS B.V. on January 25, 2024.