DATAGROUP SE Announces Strategic Measures and Market Adjustments

DATAGROUP SE has revealed plans to spin off its subsidiary, Almato AG, aiming for a separate stock market listing. Almato AG specializes in digitalizing business processes and software development. This move is intended to align with Almato’s focus on semantic data platforms, enhancing transparency for investors. DATAGROUP SE shareholders could receive one new share in the Almato Holding for each existing share. The proposal awaits approval from the upcoming Annual General Meeting.

Additionally, DATAGROUP SE will execute a public share buyback offer, acquiring up to 9.79% of its shares at EUR 42.13 each. The repurchased shares may serve various statutory purposes. Concurrently, the company plans to migrate its stock listing from the Frankfurt Stock Exchange's Scale segment to the m:access segment of the Munich Stock Exchange, citing regulatory preferences and cost considerations.