GFT Technologies AG / Key word(s): Acquisition 30.05.2013 19:45 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ad-hoc disclosure pursuant to section 15 German Securities Trading Act (WpHG) GFT Technologies AG takes over Sempla S.r.l. in Italy Today, the supervisory board of GFT Technologies AG ('GFT') approved the acquisition of 80 per cent of the shares in Italy-based Sempla S.r.l. ('Sempla') by GFT's subsidiary GFT Holding Italy S.r.l. Closing and transfer of the shares are scheduled for end of June 2013. The remaining 20 per cent shall remain mainly with Sempla's management and may be acquired by GFT via put and call options after a five-year period. The purchase price will be paid from liquid funds. The parties have agreed not to disclose the purchase price amount. Sempla is a service provider that specialises in IT solutions for commercial and private banking clients. Its offering comprises IT Services, Business Solutions and Digital Marketing & Design. In 2012 the company, which has 460 employees, generated revenue of 44.41 million euros - 70 per cent thereof with financial sector customers. In the financial year 2012, the company's earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to 6.17 million euros, with earnings before taxes (EBT) totalling 4.08 million euros. By acquiring Sempla, GFT is further expanding the international presence and offering of its GFT Solutions division, which specialises in IT solutions. As a result of the takeover GFT expects additional revenue of approx. 23 million euros in the second half of 2013, thus increasing the GFT Group's revenue forecast for the financial year 2013 to approx. 260 million euros. The acquisition will add approx. 3.50 million euros to the GFT Group's EBITDA in the remaining six months of 2013. Following the completion of closing and purchase price allocation, GFT will update its EBT expectations for 2013. The takeover will increase the GFT Group's workforce to almost 2,000. Contact: Andrea Wlcek Director Global Marketing, Media & Investor Relations GFT Technologies AG Filderhauptstraße 142 70599 Stuttgart T +49 711 62042-440 F +49 711 62042-301 [email protected] www.gft.com --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: Conference Calls for Journalists and Analysts - Conference call (in German language) for journalists on Friday, 31 May 2013, starting at 09:30 a.m. - Conference call (in German language) for journalists on Friday, 31 May 2013, starting at 11:00 a.m. The respective dial-in numbers and the presentation can be found online at www.gft.com/sempla. Contact: Andrea Wlcek Director Global Marketing, Media & Investor Relations GFT Technologies AG Filderhauptstraße 142 70599 Stuttgart T +49 711 62042-440 F +49 711 62042-301 [email protected] www.gft.com 30.05.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: GFT Technologies AG Filderhauptstr. 142 70599 Stuttgart Germany Phone: +49 (0)711/62042-0 Fax: +49 (0)711/62042-301 E-mail: [email protected] Internet: www.gft.com ISIN: DE0005800601 WKN: 580060 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------