Aurea Software FZ-LLC, the principal shareholder of update software AG, submitted a voluntary offer today to the other shareholders of update software AG for the acquisition of all update software AG shares. The offer is for the acquisition of all update software AG shares not presently owned by Aurea Software FZ-LLC. The offer price is EUR 3.15 per share. The offer is valid as from today, 22 April 2015, and expires at 4 p.m. CEST (Central European Summer Time) on 5 May 2015. According to the information available to the Management Board, Aurea FZ-LLC currently holds 81.5% of the Company's share capital.
More information on the voluntary offer by Aurea FZ-LLC is available at: