CENIT AG

M&A Activity • Apr 3, 2022

Finanzbericht: 30321302

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Betreff:	Ad-hoc-Meldung gemäß Art. 17 MAR in Verbindung mit § 4 Abs. 1 S. 1 Nr. 1a WpAV
Schlagworte:	Takeover/​Investment
Eintritt der Insiderinformationen:	03.04.2022
Ergänzende Angaben:	CENIT AG acquires majority stake in ISR Information Products AG

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Inhalt der Ad-Hoc-Mitteilung:

DGAP-Ad-hoc: CENIT AG /​ Key word(s): Takeover/​Investment

CENIT AG acquires majority stake in ISR Information Products AG

03-Apr-2022 /​ 17:13 CET/​CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/​2014, transmitted by DGAP - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

CENIT AG acquires majority stake in ISR Information Products AG

Stuttgart, April 03, 2022 - CENIT Aktiengesellschaft (ISIN: DE0005407100) today signed a purchase agreement for the acquisition of 74.9% of the shares in ISR Information Products AG. By this deal both companies intend to combine their competencies in the field of document logistics and information management.

CENIT is going to finance the purchase price of about EUR 28 million partly from existing liquid funds and partly through bank loans. For the remaining 25.1% shares, CENIT had insured a call option as well as preferential purchase rights, and the sellers will be granted put options. The purchase of the shares is subject to reservation of the approval by the Federal Cartel Office.

ISR Information Products AG, headquartered in Braunschweig, offers software products and

IT solutions in the areas of analytics, process digitalization and application management. ISR is present in Germany with six locations, 200 employees and, according to preliminary figures, generated revenues of EUR 22.8 million and EBIT of EUR 3.2 million in the fiscal year 2021. ISR will keep its company name with the addition "a CENIT company".

As a result of the acquisition, CENIT is raising its guidance significantly and now expects sales of approx. EUR 170 million for the 2022 fiscal year with an estimated EBIT of approx. EUR 9 million.

Contact:

CENIT AG

Tanja Marinovic

Investor Relations

Industriestrasse 52-54

D-70565 Stuttgart

Phone:+49 711 78 25-33 20

Fax:+49 711 78 25 44-43 20

E-Mail: aktie@cenit.de

03-Apr-2022 CET/​CEST The DGAP Distribution Services include Regulatory Announcements, Financial/​Corporate News and Press Releases.

Archive at www.dgap.de

Language:	English
Company:	CENIT AG
	Industriestraße 52 - 54
	70565 Stuttgart
	Germany
Phone:	+49 (0)711 78 25 - 30
Fax:	+49 (0)711 78 25 - 4000
E-mail:	aktie@cenit.de
Internet:	www.cenit.com
ISIN:	DE0005407100
WKN:	540710
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1318695

End of Announcement	DGAP News Service

1318695  03-Apr-2022 CET/​CEST

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www.dgap.de

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Name:	CENIT AG
Adresse:	Industriestraße 52 - 54, 70565 Stuttgart
E-Mail-Adresse:	aktie@cenit.de
ISIN:	DE0005407100
WKN:	540710
Handelsplätze:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

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Veröffentlichung in elektronisch betriebenen Informationsverbreitungssystem:	DGAP/​EQS Group AG, veröffentlicht über Thomson Reuters, Bloomberg und vwd
Pflichtveröffentlichung am:	03.04.2022
Uhrzeit der Veröffentlichung:	17:13:27
Pflichtveröffentlichung in/​über:	DGAP/​EQS Group AG, veröffentlicht über Thomson Reuters, Bloomberg und vwd
Pflichtveröffentlichung am:	2022-04-03
Sprachen der Veröffentlichung:	Englisch