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Share Name Share Symbol Market Type Share ISIN Share Description
Computacenter Plc LSE:CCC London Ordinary Share GB00BV9FP302 ORD 7 5/9P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -50.00 -2.16% 2,270.00 2,276.00 2,280.00 2,342.00 2,274.00 2,342.00 282,316 16:35:05
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 5,052.8 141.0 90.3 25.1 2,785

Computacenter PLC Approval of Arrangement Agreement

23/10/2020 5:45pm

UK Regulatory (RNS & others)


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RNS Number : 1164D

Computacenter PLC

23 October 2020

Computacenter plc

Incorporated in England

Registration number: 03110569

LEI: 549300XSXUZ1I19DB105

ISIN: GB00BV9FP302

FOR IMMEDIATE RELEASE

Computacenter plc

COMPUTACENTER PLC ANNOUNCES RESULTS OF PIVOT TECHNOLOGY SOLUTIONS, INC.

SPECIAL MEETING TO APPROVE ARRANGEMENT AGREEMENT

Further to the announcement made by Computacenter plc ("Computacenter" or the "Group") on 9 September 2020, Computacenter is pleased to confirm that the Arrangement Agreement ("Agreement") entered into by the Group has been approved by the shareholders of Pivot Technology Solutions, Inc. ("Pivot"), a company listed on the Toronto Stock Exchange (TSX:PTG), at a special meeting of Pivot's shareholders held to approve the Agreement on 23 October 2020. The Agreement was subject to the approval by 66 (2) /(3) per cent of the votes cast by Pivot's shareholders at the special meeting.

Computacenter also confirms that, with the shareholder approval, the Ontario Superior Court of Justice is expected to approve the Canadian Plan of Arrangement and that, with these two approvals, and subject to certain other conditions precedent to closing, completion of the acquisition of the entire issued share capital of Pivot, with an all cash offer of CAD 2.60 per share, will occur on Monday 2 November 2020.

About Computacenter

Computacenter is a leading independent technology partner, trusted by large corporate and public sector organisations. We help our customers to source, transform and manage their IT infrastructure to deliver digital transformation, enabling users and their business. Computacenter is a public company quoted on the London FTSE 250 (CCC.L) and employs over 16,000 people worldwide. Computacenter was supported by Obair Partners on this transaction. For more information, visit www.computacenter.com .

About Pivot

Pivot is an industry-leading information technology services and solutions provider to many of the world's most successful companies, including members of the Fortune 1000, as well as governments and educational institutions. By leveraging its extensive original equipment manufacturer (OEM) partnerships and its own fulfilment, professional, deployment, workforce and managed services, Pivot supports the IT infrastructure needs of its clients. For more information, visit www.pivotts.com .

 
 Enquiries: 
 Computacenter plc 
 Mike Norris, Chief 
  Executive                01707 631601 
 Tony Conophy, Finance 
  Director                 01707 631515 
 Tulchan Communications 
 James Macey White /       020 7353 
  Matt Low                  4200 
 

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October 23, 2020 12:45 ET (16:45 GMT)

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