Deutsche Börse AG has further extended the offer period for its public offer for the shares of SimCorp A/S until 19 September 2023.

The extension has been expected and is based on the remaining pending regulatory approval by the European Commission, which is fully on track and expected to be completed in September.

At present, it is not expected that further extensions of the offer period will be necessary. The offer is therefore set to be settled and thus completed on 29 September 2023 at the latest. All other terms and conditions of the offer remain unchanged.

SimCorp shareholders who have already accepted the offer do not need to take any further action. SimCorp shareholders who wish to accept the offer are encouraged to do so well before 19 September 2023.

In April 2023, Deutsche Börse AG and SimCorp A/S entered into a binding agreement, pursuant to which Deutsche Börse AG will make an all cash voluntary recommended public takeover offer to acquire all of the shares (except treasury shares) in SimCorp A/S at a price of DKK 735.0 per share, adjusted for any dividends or other distributions paid by SimCorp A/S prior to completion of the offer, valuing the entire issued capital of SimCorp A/S at EUR 3.9 billion.

The offer price represents a 38.9 per cent premium and a 45.3 per cent premium to the closing share price of DKK 529.0 and 3-months volume-weighted average price of DKK 505.7 as of 26 April 2023, respectively.