Thursday 17 October 2024

Success of the friendly takeover bid initiated by Talan on Micropole

Levallois-Perret and Paris, October 16, 2024 – Micropole and Talan today announced the results of the friendly takeover bid initiated by Talan for all Micropole shares ("the Offer"), published by the French Financial Markets Authority ("AMF").

At the close of the Offer, which took place from September 11 to October 15, 2024, Talan and parties acting in concert with Talan held 27,408,817 shares, representing 94.23% of the capital and at least 92.19% of the voting rights of Micropole.

In accordance with its intention expressed in the Offer Document, and as the conditions set out in Articles 237-1 and following of the AMF General Regulation are met, Talan will request the AMF, within 10 trading days, to implement the mandatory squeeze-out procedure for Micropole shares at the same price as the Offer, i.e., €3.12 per share.

Micropole and Talan welcome the broad success of the Offer. On July 12, 2024, the Micropole Board of Directors issued a favorable reasoned opinion on the Offer, considering it to be in the interests of the company, its shareholders, and its employees. In this context, the Board of Directors unanimously recommended that Micropole shareholders tender their shares to the Offer.

"I would like to express my gratitude to the many Micropole shareholders who, by tendering their shares to Talan's friendly tender offer, contributed to the success of this operation. This merger with Talan marks a decisive step in Micropole's strategic trajectory, paving the way for a new phase of growth. Together, we will build a stronger, more innovative group, perfectly positioned to meet the challenges of tomorrow, especially in the field of Data. I am confident that this merger will benefit all our stakeholders, including our employees and customers."
Christian Poyau, Co-founder & Chairman and CEO of Micropole

"I would like to express my deep gratitude to the Micropole shareholders who chose to trust us by supporting this acquisition project. This strategic agreement marks a major step for the Talan group, strengthening our ambition to become a global leader in accelerating the transformation of organizations through Technology, Data, and Innovation. Micropole and Talan share the same values of excellence, agility, and entrepreneurship. Together, we are confident that this alliance will create exceptional opportunities for our teams and customers."
Mehdi Houas, President of Talan

The trading of Micropole shares has been suspended since October 16, 2024. The settlement and delivery of the Offer will take place on October 21, 2024.

The Offer Document, the response document, and the Offer results notice published by the AMF on October 16 are available on the Micropole and AMF websites.

About Talan group

Talan is an international consulting and technology expertise group that accelerates the transformation of its clients through the levers of Innovation, Technology, and Data. Talan advises and supports companies and public institutions in implementing their transformation and innovation projects in France and internationally.

Present in 18 countries, the Group, certified Great Place to Work, has more than 5,000 employees and expects to achieve a turnover of €630 million in 2024, with the ambition of exceeding €1 billion by 2026.

Equipped with a Research and Innovation Center, Talan places innovation at the heart of its development and operates in technological transformation fields such as Artificial Intelligence, Data Intelligence, and Blockchain to support the growth of major groups and mid-sized companies in a committed and responsible approach.

By putting "Positive Innovation" at the core of its strategy, Talan Group believes that technology can fully unlock its potential when it serves humanity.

About Micropole group

An international consulting group specialized in business transformation through Data, MICROPOLE supports its clients with a global approach: "Data Driven" strategy, Cloud Acceleration, and Digital business. From its 14 offices in Europe and China, the Group's 1,300 #INNOVATIVE PEOPLE bring their expertise from consulting to implementation, helping clients stay ahead and create a positive business impact through Data innovation.

MICROPOLE generates 40% of its revenue internationally and is listed on the Euronext Growth market.

MICROPOLE INVESTOR CONTACTS

Nicolas Rebours - nrebours@micropole.com - 01 74 18 74 70

MICROPOLE MEDIA CONTACTS

Brunswick – micropole@brunswickgroup.com
Hugues Boëton – 06 79 99 27 15
Christophe Menger – 07 52 63 00 89
Gabriel Jabès – 06 40 87 08 14
Flora Marinho – 06 07 46 34 35

TALAN MEDIA CONTACTS

Libremullenlowe - TalanRP@libremullenlowe.fr

Estelle Gouin - +33 6 17 27 64 01