GK Software

EQS-News: GK Software SE: Appointment of a new supervisory board

Retrieved on: 
Friday, May 19, 2023
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The previous Supervisory Board of GK Software SE, consisting of Dr Phillip Reimann (Chairman), Thomas Bleier and Herbert Zinn, resigned as of 16 May 2023.

Key Points: 
  • The previous Supervisory Board of GK Software SE, consisting of Dr Phillip Reimann (Chairman), Thomas Bleier and Herbert Zinn, resigned as of 16 May 2023.
  • The new Supervisory Board will stand for election at the company's Annual General Meeting.
  • The Executive Board of GK Software SE would like to express its gratitude to the previous members of the Supervisory Board for their excellent support and advise over the past years and for their extensive and goal-oriented efforts to support the company's growth.
  • Now, the Executive Board welcomes the incoming Supervisory Board members and is looking forward to working with them.

Fujitsu successfully completes public takeover offer of GK Software

Retrieved on: 
Tuesday, May 16, 2023
Cloud, Software as a service, Partnership, GK, Software, Business analyst, Federal Financial Supervisory Authority, Acquisition, Digital transformation, HPC, DX, RTÉ Executive Board, Supervisory board, Artificial intelligence, Digital, GK Software, Judgement of the German Federal Court of Justice on Google's autocomplete function, Financial services, Property management, Fujitsu

- Fujitsu completes voluntary public takeover offer of GK Software, a leading global provider of cloud solutions for the international retail industry.

Key Points: 
  • - Fujitsu completes voluntary public takeover offer of GK Software, a leading global provider of cloud solutions for the international retail industry.
  • - Through the takeover offer, and on-market purchases, Fujitsu acquired 68.03% of the total share capital of GK.
  • TOKYO, May 16, 2023 - (JCN Newswire) - Fujitsu Limited today announces the successful completion of its public takeover offer of GK Software SE, a leading global provider of cloud services for the international retail industry, headquartered in Schoeneck, Germany.
  • By way of the takeover offer, and on-market purchases, Fujitsu, via Fujitsu ND Solutions AG, a direct wholly-owned subsidiary of Fujitsu, acquired [68.03]% of the total share capital of GK.

Fujitsu: Takeover offer for GK Software successful

Retrieved on: 
Tuesday, April 25, 2023
United Nations, GK, Takeover, Software, Business analyst, Sustainable Development Goals, EUR, Fujitsu, United, ISIN, Sustainable Development Goals and Australia, GK Software, Completion

- Completion of the Takeover offer expected by no later than May 25, 2023.

Key Points: 
  • - Completion of the Takeover offer expected by no later than May 25, 2023.
  • TOKYO, Apr 25, 2023 - (JCN Newswire) - Fujitsu ND Solutions AG ("ND Solutions"), a direct wholly-owned subsidiary of Fujitsu Limited ("Fujitsu") announces the success of its public takeover offer for GK Software.
  • Shareholders must submit a declaration of acceptance to their custodian bank for the takeover offer by ND Solutions and instruct their custodian bank to affect the booking of their GK Software shares, for which they wish to accept the offer, into the ISIN DE000A2GSYK2.
  • The management board and supervisory board of GK Software support in their joint reasoned statement the takeover offer as in the best interest of GK Software, its shareholders, employees and other stakeholders.

EQS-News: GK Software SE: Fujitsu's voluntary public takeover offer successful: minimum acceptance threshold of 55 percent exceeded

Retrieved on: 
Friday, April 21, 2023
Fujitsu, Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, Supervisory board, GK Software, CEST, Security (finance)

GK Software SE: Fujitsu's voluntary public takeover offer successful: minimum acceptance threshold of 55 percent exceeded

Key Points: 
  • GK Software SE: Fujitsu's voluntary public takeover offer successful: minimum acceptance threshold of 55 percent exceeded
    The issuer is solely responsible for the content of this announcement.
  • Fujitsu announced today that the minimum acceptance threshold of 55 percent set in the voluntary public takeover offer of Fujitsu ND Solutions AG has been exceeded by the end of the acceptance period on April 20, 2022, 24:00 (CEST).
  • According to the bidder company, the result of the offer is expected to be announced on April 25, 2023.
  • The takeover offer is expected to be completed before the end of the second quarter of 2023.

MySize to Exhibit at the Retail Technology Show 2023 in London

Retrieved on: 
Tuesday, April 18, 2023
Algorithm, TASE, GK Software, Environment, Economics, Clothing, Video game, Online shopping

AIRPORT CITY, Israel, April 18, 2023 /PRNewswire/ -- MySize, Inc. (Nasdaq: MYSZ) (TASE: MYSZ.TA) ("MySize" or the "Company"),  an omnichannel e-commerce platform and provider of AI-driven measurement solutions to drive revenue growth and reduce costs for its business clients, today announced it will exhibit at the Retail Technology Show in London, England on April 26 and 27, 2023.

Key Points: 
  • MySize's portfolio of products improve apparel shopping experience, optimize fit, reduce returns, increase average purchase size, and improve sustainability
    AIRPORT CITY, Israel, April 18, 2023 /PRNewswire/ -- MySize , Inc. (Nasdaq: MYSZ) (TASE: MYSZ.TA) ("MySize" or the "Company"),  an omnichannel e-commerce platform and provider of AI-driven measurement solutions to drive revenue growth and reduce costs for its business clients, today announced it will exhibit at the Retail Technology Show in London, England on April 26 and 27, 2023.
  • The Retail Technology Show is the leading platform for providers of innovative solutions to showcase how retailers can run their business more effectively, more efficiently and more profitably; resulting in seamless operations and enhanced customer experience.
  • "Technology and specifically AI and algorithms have become essential tools for online retailers.
  • We were early to market with our industry-leading apparel sizing solutions, and we are pleased to see increased interest in tools that can improve retailer economics, increase customer satisfaction, and reduce waste for a better environment."

EQS-News: GK Software: Offer period of bidder Fujitsu approaching end

Retrieved on: 
Monday, April 17, 2023
Fujitsu, GK Software, Software, CEST, Federal Executive Boards, Supervisory board, Security (finance)

Fujitsu ND Solutions AG, which submitted a voluntary public offer for GK Software SE, reiterated today (on April 17, 2023) that the offer period for the voluntary public tender offer will end on April 20, 2023.

Key Points: 
  • Fujitsu ND Solutions AG, which submitted a voluntary public offer for GK Software SE, reiterated today (on April 17, 2023) that the offer period for the voluntary public tender offer will end on April 20, 2023.
  • Fujitsu ND Solutions AG, a wholly owned subsidiary of Fujitsu Ltd. has offered to pay all shareholders of GK Software EUR 190.00 per share in cash.
  • Fujitsu stated today that it will not increase the offer price or otherwise amend the offer, and will not make a new offer if the current offer does not meet the minimum acceptance threshold.
  • The Executive Board and Supervisory Board of GK Software continue to recommend that shareholders accept the offer.

EQS-News: Fujitsu ND Solutions AG: Update on Offer Progress

Retrieved on: 
Monday, April 17, 2023
United Nations, GK, Software, Sustainable Development Goals, EUR, United, CEST, ISIN, Sustainable Development Goal 7, GK Software, Security (finance), Fujitsu

Acceptance period expires on 20 April 2023, 24:00 hrs (CEST)

Key Points: 
  • Acceptance period expires on 20 April 2023, 24:00 hrs (CEST)
    Tokyo, April 17, 2023 – Fujitsu Limited (“Fujitsu”) would like to remind GK Software SE (“GK Software”) shareholders that the acceptance period for the takeover offer of Fujitsu ND Solutions AG (“ND Solutions”), a direct wholly-owned subsidiary of Fujitsu, against a cash consideration of EUR 190.00 per GK Software share will expire on 20 April 2023, 24:00 hrs (CEST).
  • GK Software shareholders will only benefit from the significant premium, if the minimum acceptance threshold of 55 percent is reached by this date.
  • Fujitsu hereby confirms it will not increase the offer price or make any other changes to the offer and will not launch a new offer in case the current offer does not reach the minimum acceptance threshold.
  • They also consider the offer consideration of EUR 190.00 per GK Software share as fair and adequate and recommend the GK Software shareholders to accept it.

EQS-News: GK Software SE publishes joint reasoned statement of the Management Board and the Supervisory Board on the voluntary public takeover offer by Fujitsu ND Solutions AG

Retrieved on: 
Saturday, April 15, 2023
Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, Freshfields Bruckhaus Deringer, Bidding, Supervisory board, Software, Internet, EUR, Fujitsu, Supervision, GK Software, Hand, Security (finance), Property management, Auction

Offer is in the best interest of the Company, its shareholders, employees and other stakeholders, and offer consideration of 190 euros per GK Software Share is fair and adequate

Key Points: 
  • Offer is in the best interest of the Company, its shareholders, employees and other stakeholders, and offer consideration of 190 euros per GK Software Share is fair and adequate
    The Management Board and the Supervisory Board of GK Software SE ("GK Software" and the "Company") have today published a joint reasoned statement on the voluntary public takeover offer of Fujitsu ND Solutions AG (the "Bidder") to all shareholders of GK Software SE (the "Offer") pursuant to section 27 of the German Securities Acquisition and Takeover Act ("WpÜG") (the "Statement").
  • The Statement states that the Management Board and the Supervisory Board have each independently reviewed and evaluated the Offer Document published by the Bidder and the terms and conditions of the Offer.
  • The Management Board and the Supervisory Board are also of the opinion that the offer consideration of 190.00 euros per GK Software share is fair and adequate.
  • Against this background, the Management Board and the Supervisory Board support the Offer and recommend the GK Software shareholders to accept it.

EQS-News: GK Software continues double-digit growth in sales and earnings 

Retrieved on: 
Saturday, April 15, 2023
Sale, GK, EUR, GK Software, EBIT, Gesellschaft mit beschränkter Haftung, Security (finance)

According to preliminary figures, GK Software SE has continued to grow even in an increasingly difficult market environment.

Key Points: 
  • According to preliminary figures, GK Software SE has continued to grow even in an increasingly difficult market environment.
  • Revenues increased by 21.21 million euros or 16.2 percent to 152.05 million euros.
  • The adjusted EBIT reached 18.64 million euros (after an adjusted 13.85 million euros in the previous year) and thus grew by one third compared to the previous year.
  • Including the special effects of the last two fiscal years, EBIT amounted to 17.31 million euros in 2021 and 16.45 million euros in the reporting year.

EQS-News: Fujitsu ND Solutions AG: Fujitsu announces start of acceptance period of takeover offer for GK Software

Retrieved on: 
Thursday, March 23, 2023
United Nations, GK, Supervisory board, XETRA, Software, Business analyst, Sustainable Development Goals, Federal Financial Supervisory Authority, EUR, Federal Executive Boards, United, Fujitsu, GK Software, Financial services

Fujitsu has already secured 40.65% of the total share capital of GK Software through irrevocable undertakings.

Key Points: 
  • Fujitsu has already secured 40.65% of the total share capital of GK Software through irrevocable undertakings.
  • Executive Board and Supervisory Board of GK welcome and support the takeover offer.
  • Subject to review of the offer document, the Executive Board and the Supervisory Board of GK recommend shareholders to tender their into the takeover offer.
  • Following the completion of the takeover offer, ND Solutions intends to examine whether to initiate a delisting of GK.