Following the announcements on 10 May 2017, 19 June 2017 and 10 July 2017, Mannai Corporation, Apax France, Altamir and Boussard & Gavaudan announce today that Mannai Corporation acquired from Apax France, Altamir and Boussard & Gavaudan, through off-market transactions effective on 14 June 2018, 10,206,695 shares in Gfi Informatique at a price per share of €8.50 (ex-dividend), representing c. 15% of the share capital and voting rights of Gfi Informatique.
Following the completion of this acquisition, Mannai Corporation will hold alone c. 96% of the share capital and voting rights of Gfi Informatique whereas Apax France, Altamir and Boussard & Gavaudan will no longer hold shares in Gfi Informatique.
Furthermore, the action in concert of Mannai Corporation with Apax France, Altamir and Boussard & Gavaudan, the shareholders' agreement between Mannai Corporation, Apax France (jointly with Altamir) and Boussard & Gavaudan signed on 8 April 2016, as amended and restated on 10 May 2017 (see AMF notices n° 216C0904 of 15 April 2016 and n° 217C0991 of 18 May 2017) and the shareholders' agreement between Apax France (jointly with Altamir) and Boussard & Gavaudan signed on 8 April 2016 (see AMF notice n° 216C0904 of 15 April 2016) will be terminated.
By acquiring an additional shareholding in Gfi Informatique, Mannai Corporation reinforces its commitment to Gfi Informatique with a long-term shareholder who is an expert in the IT services industry and an effective partner capable of supporting the company's growth.