www.persistent.com/investors/...ation/annual-general-meeting/Seite 65
Transaction Timelines:
•
June 26, 2026: Announcement of Voluntary Public Takeover Offer
•
July – August: Submission of Offer Document and Review by German Federal Financial Supervisory
Authority (BaFin)
•
August 3, 2026: Annual General Meeting of Persistent Systems !
•
Beginning to Mid-August: Publication of Offer Document
•
Following Publication of Offer Document: Commencement of Acceptance Period, followed by Additional
Acceptance Period. During these periods, shareholders of the Target Company may tender their shares
under the Takeover Offer
•
Acceptance Period: 4 to 6 weeks (exact duration to be specified in Offer Document)
•
Executive Board and Supervisory Board of the Target Company to publish a Reasoned Statement within
2 weeks of publication of Offer Document
•
Subsequently: Additional Acceptance Period of 2 weeks
•
After Additional Acceptance Period: Announcement of Offer Results
•
Closing of Takeover Offer anticipated in Q4
CY2026/Q1
CY2027:
(with a Long Stop Date in Q3
CY2027),
subject to regulatory approvals and other customary closing conditions,