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2016-09-12

IFS: EQT acquires Elliott's shares in IFS

IFS has been informed by EQT VII that EQT, through IGT Holding IV, has
entered into an agreement to acquire Elliott's shares in IFS at a
price of SEK 396.73 per share and that EQT VII thereby will hold
approximately 97 percent of the shares in IFS.

IFS notes that IGT Holding has stated that they intend to initiate
compulsory acquisition proceedings and promote delisting of IFS's
shares from Nasdaq Stockholm. When any such actions have been
formally initiated and resolved, IFS will make the relevant
announcements.

For more information, please see EQT VII's press release, available at
http://eqtpartners.com/newsroom.

Oliver Pilgerstorfer, Corporate Communications. Telephone: +44 1494 42
89 00, press@ifsworld.com

Frédéric Guigues, Investor Relations. Telephone: +46 8 58 78 45 00,
frederic.guigues@ifsworld.com

About IFS

IFS (http://www.ifsworld.com/en/)™ is a globally recognized leader in
developing and delivering enterprise software for enterprise resource
planning (ERP), enterprise asset management (EAM) and enterprise
service management (ESM). IFS brings customers in targeted sectors
closer to their business, helps them be more agile and prepare for
what's next in their industry. IFS is a public company (XSTO: IFS)
founded in 1983 and currently has over 2,800 employees. IFS supports
more than 1 million users worldwide from its network of local offices
and through a growing ecosystem of partners. For more information
visit: IFSworld.com (http://www.ifsworld.com/).

Follow us on Twitter: @ifsworld (http://twitter.com/ifsworld). Visit
the IFS Blog on technology, innovation and creativity:
http://blog.ifsworld.com/.

The information provided herein is information that Industrial and
Financial Systems, IFS AB (publ.) is required to make public pursuant
to the EU Market Abuse Regulation and the Securities Markets Act
(2007:528).

The information was submitted for publication, through the agency of
the contact persons set out above, on September 12, 2016 at 8:00 a.m.
(CEST).

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http://news.cision.com/ifs/r/eqt-acquires-elliott-s-shares-in-ifs,c2077179
http://mb.cision.com/Main/855/2077179/560295.pdf

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