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TSS Europe BV (“TSS”), a subsidiary of Topicus.com, will file a tender offer to acquire Sygnity SA, The Canadian Business Journal.

Toronto, March 22, 2022 (GLOBE NEWSWIRE) — Topicus.com Inc. (TSXV: TOI) today made a tender offer for all issued shares of Sygnity SA, a software company listed on the Warsaw Stock Exchange. Announced the intention to submit. (WSE: SGN) Price of 12.00 PLN per common stock. The expected acquisition is subject to customary closing conditions, including the management of the business by TSS, and is expected to close in the second quarter of 2022.

Sygnity SA is Poland’s well-established vertical market solution provider with a focus on banking, finance, insurance, energy, utilities, industry, rural and central management. Sygnity offers dedicated solutions for each market. Everything focuses on automating mission-critical processes for your target audience. The company’s 2021 net sales are 183 million zloty and it employs more than 850 people.

About Topicus.com

Topicus.com is a leading pan-European provider of vertical market software and vertical market platforms for clients in the public and private sector markets. Topicus.com operates and invests in European countries and markets with long-term growth potential. Topicus.com acquires, builds and manages leading software companies that offer mission-critical, high-impact, specialized software solutions that meet the specific needs of their customers.

Description of future prospects

Certain statements in this document may be “forward-looking” statements with known and unknown risks, uncertainties, and other factors, and actual events may be by such forward-looking statements. It may differ materially from future events expressed or implied. Terms such as “may,” “do,” “expect,” “believe,” “plan,” “intention,” “should,” and “expect” describe future prospects. The purpose is to identify. Such forward-looking statements carry significant risks and uncertainties and should not be read as guarantees of future outcomes, and whether such outcomes are necessarily achieved or such outcomes. Does not indicate exactly when will be achieved. These forward-looking statements reflect current assumptions and expectations regarding future events and were prepared as of the date of this document, and Topicus is responsible for new events unless required by law. We undertake no obligation to update any forward-looking statement to reflect the situation.

For more information, please contact:

Topicus.com Inc.
Jamal Baksh,
CFO
Tel: (416) 861-9677


CBJ News Maker

TSS Europe BV (“TSS”), a subsidiary of Topicus.com, will file a tender offer to acquire Sygnity SA, The Canadian Business Journal.

Source link TSS Europe BV (“TSS”), a subsidiary of Topicus.com, will file a tender offer to acquire Sygnity SA, The Canadian Business Journal.

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