on EQS Group AG
Pineapple German Bidco GmbH Sets Cash Compensation for EQS Group AG Squeeze-Out at EUR 40 per Share
Munich, June 12, 2024 – Pineapple German Bidco GmbH, a holding company controlled by funds managed and/or advised by Thoma Bravo, L.P., has confirmed its request to transfer the shares of the remaining shareholders of EQS Group AG. This squeeze-out procedure is in accordance with sections 327a et seqq. of the German Stock Corporation Act (Aktiengesetz).
Pineapple German Bidco GmbH, as the main shareholder of EQS Group AG, will acquire the shares of the minority shareholders. It has declared the cash compensation for the share transfer to be EUR 40.00 per share. This transfer resolution will be addressed at the annual general meeting of EQS Group AG, scheduled for July 30, 2024.
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