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ACCELYA SOLUTIONS INDIA LIMITED M&A Activity 2019

Nov 18, 2019

62253_rns_2019-11-18_2ec639b1-1b37-4e3a-92a6-b60d83e5e436.pdf

M&A Activity

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To:

Accelya Solutions India Limited Accelya Enclave, 685/2B & 2C 1st Floor, Sharada Arcade, Satara Road Pune - 411037, India

Attn: Ninad Umranikar, Company Secretary

Dated: 18[th] November, 2019.

Dear Sirs,

We are happy to inform you that as of 15[th] November 2019, the shareholders of Accelya Topco Limited, including Warburg Pincus, have entered into an agreement for the sale of the shares and ownership of Accelya Topco Limited (the ultimate holding company of Accelya Solutions India Limited) to Aurora UK Bidco Limited, a private company established under the laws of Jersey, which is owned and controlled by Vista Equity Partners (“Vista”), a leading investment firm focused on enterprise software, data and technologyenabled businesses.

The management team will remain in their current roles as we enter this next chapter of growth and development of our business. This change of ownership will have little impact on the day to day activities of our company and our focus will remain on executing our business plan

We will be working closely with the leadership team of Vista over the next weeks and months to ensure a smooth transition of our business to a new ownership structure.

Vista will comply with applicable mandatory open offer related requirements.

This is a preliminary notification and we will send you further information in this regard, in due course.

For Accelya,

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John Johnston CEO, Accelya www.accelya.com

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T: +44 (0) 1276 401200 www.accelya.com [email protected] Accelya Topco Limited Acre House, 11-15 William Road London NW1 3ER, UK Registered in England No. 08948602