audius AG has informed Navigator Equity Solutions SE and IT Competence Group SE that Navigator Equity Solutions SE and IT Competence Group SE will exercise the call option agreed upon in the share purchase agreement dated March 15, 2019, regarding the approx. 22% shareholding in IT Competence Group SE. It is intended to implement the transaction within the next two weeks. This means that audius AG now holds around 80% of the shares in IT Competence Group SE.
About IT Competence Group
The IT Competence Group SE is an IT service company which is active in the DACH region. The company offers tailor-made solutions for all questions concerning IT infrastructure and business solutions, ranging from consulting, implementation and operation. A further business area is concerned with mobile data infrastructures, in particular the development and expansion of the 5G network. The group's customers include global corporations and medium-sized companies. Together with the strategic majority shareholder audius AG, the goal is to grow both organically and through acquisitions. The shares of IT Competence Group SE are listed on the Basic Board of the Frankfurt Stock Exchange as well as in the m:access segment for medium-sized companies on the Munich Stock Exchange.