Progress Software Corp. No Intention to Make an Offer for MariaDB plc
02 Maggio 2024 - 10:15PM
Progress Software Corp. (”
Progress”) (Nasdaq:
PRGS) confirms today that it does not intend to make an offer for
MariaDB plc. Accordingly, Progress will be bound by the
restrictions set out in Rule 2.8 of the Irish Takeover Rules.
Progress reserves the right within the next 6 months to set aside
this statement where so permitted under Rule 2.8 (including Rule
2.8(c)(ii)).
This announcement is intended to be treated as a statement to
which Rule 2.8 of the Irish Takeover Rules applies.
Enquiries
Progress |
Investors:
Michael Micciche |
+1
781-850-8450 |
Investor-Relations@progress.com |
Media: Erica McShane |
+1 781-280-4000 |
PR@progress.com |
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Europa Partners (Financial Advisor to
Progress) |
Jan Skarbek |
+44 20 7451 4542 |
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Dominic King |
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About Progress
Progress (Nasdaq: PRGS) provides software that
enables organizations to develop and deploy their mission-critical
applications and experiences, as well as effectively manage their
data platforms, cloud and IT infrastructure. As an experienced,
trusted provider, we make the lives of technology professionals
easier. Over 4 million developers and technologists at hundreds of
thousands of enterprises depend on Progress. Learn more at
www.progress.com.
Responsibility statement
The Progress board of directors accept
responsibility for the information contained in this announcement.
To the best of the knowledge and belief of the Progress board of
directors (who have taken all reasonable care to ensure that such
is the case) the information contained in this announcement is in
accordance with the facts and does not omit anything likely to
affect the import of such information.
Important notice relating to financial
advisor
Europa Partners Limited
(“Europa”), which is authorised by the Prudential
Regulation Authority (“PRA”) and regulated by the
Financial Conduct Authority (“FCA”) and the PRA in
the United Kingdom, is acting exclusively for Progress and for no
one else in connection with the Possible Offer and will not be
responsible to anyone other than Progress for providing the
protections afforded to its clients or for providing advice in
connection with the Possible Offer. Neither Europa, nor any of its
affiliates, owes or accepts any duty, liability or responsibility
whatsoever (whether direct or indirect, whether in contract, in
tort, under statute or otherwise) to any person who is not a client
of Europa in connection with the Possible Offer, this announcement,
any statement contained herein or otherwise.
Publication on Website
In accordance with Rule 26.1 of the Irish
Takeover Rules, a copy of this announcement will be available on
Progress’ website: www.progress.com promptly and in any event by no
later than 12:00 p.m. (New York time) on the business day following
this announcement. The content of this website is not incorporated
into and does not form part of this announcement.
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