Learnd SE

M&A Activity • Feb 26, 2024

ISIN LU2358378979

learnd SE

learnd SE: Acquisition of BG Energy Solutions by learnd Limited

Ad-hoc | 26 February 2024 12:51

learnd SE / Key word(s): Acquisition learnd SE: Acquisition of BG Energy Solutions by learnd Limited

26-Feb-2024 / 12:51 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

AD-HOC ANNOUNCEMENT

Public disclosure of inside information according to Article 17 para. 1 of the Regulation (EU) No 596/2014 on market abuse (Market Abuse Regulation)

Acquisition of BG Energy Solutions by learnd Limited

Luxembourg, February 26 2024 – learnd Limited, a wholly owned subsidiary of learnd SE (ISIN: LU2358378979), has entered into a share purchase agreement to acquire the entire issued share capital of Crucible Holdings Limited, a private company limited by shares incorporated in England & Wales (the "Target") from its current shareholders (the "Transaction"). The Target operates in the field of building controls, energy and remote management solutions under the 'BG Energy Solutions' brand.

With the Transaction, learnd SE is successfully expanding its business activities in line with its strategy to selectively pursue M&A opportunities and partnerships to consolidate the building management systems market and expand its operations geographically – with the aim of becoming the leading energy management provider in Europe.

The consideration consists of a low-single digit million-pound sterling amount plus an aggregate of 310,465 treasury shares in learnd SE to be transferred and delivered to the sellers of the Target by learnd SE.

The completion of the Transaction is expected to occur on the date hereof subject to customary closing conditions.

Company	Media
Contact:	Contact:
Jennifer	Jobst
Rudder	Honig
5,	FGS
Heienhaff	Global
L-1736 Senningerberg	+49 171 86 29 967
Luxembourg	jobst@fgsglobal.com
jennifer.rudder@learnd.co.uk

End of Inside Information

26-Feb-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com

Language:	English
Company:	learnd SE
	5, Heienhaff
	1736 Senningerberg
	Luxemburg
Phone:	+352 27 47 91 555
Internet:	https://learnd.co.uk/
ISIN:	LU2358378979, LU2358379514
WKN:	A3CS4Z, A3GSW5
Listed:	Regulated Market in Frankfurt (General Standard); Regulated Unoffi cial Market in Berlin, Dusseldorf, Munich, Stuttgart

26.02.24, 12:55 EQS News – Financial News & Events Directly From The Source

EQS News ID: 1845065

End of Announcement EQS News Service