SoftwareONE launches offering of up to 4 million shares in Crayon by way of accelerated bookbuilding

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW.

THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION, INCLUDING THE UNITED STATES, CANADA, SOUTH AFRICA, AUSTRALIA OR JAPAN. NEITHER THIS ANNOUNCEMENT NOR ANYTHING CONTAINED HEREIN SHALL FORM THE BASIS OF, OR BE RELIED UPON IN CONNECTION WITH, ANY OFFER OR COMMITMENT WHATSOEVER IN ANY JURISDICTION.

SoftwareONE has today launched an offering of up to 4 million shares in Crayon, corresponding to 4.5% of Crayon’s share capital, by way of an accelerated bookbuilding process to professional investors (the “Offering”).

SoftwareONE acquired the holding in Crayon from 2018 onwards. The holding has recently been under strategic review and a decision has now been taken to reduce the stake.

The bookbuilding process will start immediately and the offer price as well as the number of shares sold will be announced upon completion of the Offering, which is expected prior to market opening on 5 April 2022. Following the settlement of the Offering, SoftwareONE expects to hold approximately 7 million shares or 8% of Crayon’s share capital.

SoftwareONE has agreed to a 90 days lock-up undertaking from today with respect to its remaining holding in Crayon, subject to customary exceptions.

About SoftwareONE

SoftwareONE is a leading global provider of end-to-end software and cloud technology solutions, headquartered in Switzerland. With an IP and technology-driven services portfolio, it enables companies to holistically develop and implement their commercial, technology and digital transformation strategies. This is achieved by modernizing applications and migrating critical workloads on public clouds, while simultaneously managing and optimizing the related software and cloud assets and licensing. SoftwareONE’s offerings are connected by PyraCloud, its proprietary digital platform, which provides customers with data-driven, actionable intelligence. With around 8,700 employees and sales and service delivery capabilities in 90 countries, SoftwareONE provides around 65,000 business customers with software and cloud solutions from over 7,500 publishers. SoftwareONE’s shares (SWON) are listed on SIX Swiss Exchange. For more information, please visit www.softwareone.com/en. SoftwareONE Holding AG, Riedenmatt 4, CH-6370 Stans