UMANIS – CGI completes block acquisition as part of its proposed Umanis acquisition – 2022-05-31 15:00

Paris, France, May 31, 2022 – As part of the planned acquisition of Umanis SA (” Umanis ) CGI Inc. CGI France SAS (“CGI France”) announced on March 11, 2022, CGI France and Umanis (Euronext Growth – FR0013263878 – ALUMS) today announced the termination of all acquisitions. (Controlled by Mr. Laurent Pipszonic) and represents about 70.6% of Umanis capital by the Polygoni family at মূল 17.15 per action (” Block acquisition “).

The acquisition of the block was considered after a fair opinion was given by an independent expert appointed by the board of directors of Umanis.

The draft simplified takeover bid has been submitted to the Autorité des Marchés Financiers today.

If legal and regulatory conditions are met, CGI France intends to apply a pressure when closing this offer.

“We are delighted to have reached a major milestone in the Umanis acquisition project. Everything is fine to finalize this short-term operation precisely. We are already looking forward to working with the Umanis team on the next step, “said Laurent Jerin, President, Western and Southern Europe, CGI.

“We are delighted to have reached this decisive milestone of acquisition with CGI. We are confident of the success of this operation, which should be finalized soon, “added Olivier Polygni, CEO of Umanis.


About CGI

Founded in 1976, CGI is one of the world’s largest independent information technology (IT) and management consulting firms. CGI has 84,000 consultants and professionals worldwide through which the company offers a complete portfolio of services and solutions: strategic IT and management consulting services, systems integration, IT services and dedicated business process management as well as intellectual property solutions. CGI’s collaboration with clients is based on a model of local relationships, combined with a global service delivery network that enables clients to achieve digital transformation in their organization and accelerate the achievement of results. In FY 2021, CGI earned $ 12.13 billion. CGI shares are listed on the Toronto Stock Exchange (GIB.A) and the New York Stock Exchange (GIB). Learn more at cgi.com.


About the believers

Umanis is a digital services company specializing in data, digital and business solutions with an annual turnover of around 246 million euros. Umanis has been operating for over 30 years, mainly in the French market. Founded in 1990, Umanis supports the digital transformation of many companies with strong expertise in five areas: Big Data and Artificial Intelligence, Infrastructure and Cloud, Digital Experience, Integration of Business Solutions and BPO. Umanis is based in Paris and has about 3,000 employees in France as well as Spain, Luxembourg, Morocco and Switzerland. Its shares are listed on Euronext Growth in Paris. To learn more, visit umanis.com.


Insightful information and statements

This press release includes “insightful information” in the meaning of Canadian securities law and “forward statement” in the meaning of law in the United States. The Private Securities Litigation Reform Act of 1995 And other applicable U.S. waiver rules. Such foresighted information and statements are presented and communicated in accordance with the applicable Canadian and United States Securities Rules set forth in the Securities and Exchange Commission.

Such foresighted information and statements include all information and statements about CGI’s objectives, plans, expectations, opinions, objectives, future performance and strategies, as well as any other information or statements not directly related to specific situations or future events. And exclusively historical information. Pioneer information and statements often, but not always, use terms such as “belief”, “conjecture”, “expectation”, “intention”, “intent”, “plan”, “prediction”, “project”. “,” Goal “,” search “,” effort “,” potential “,” continue “,” goal “,” could “,” could “,” should “, as well as any other terms of similar nature and any of these terms. Other additions. Such information and statements are based on historical trends, current conditions, and our perceptions of expected business development, as well as other assumptions, both general and specific, which we believe are appropriate to the situation. Subject to the uncertainty over which CGI, in many cases, has no control, and which actual results may differ materially from the expectations expressed or implied by such far-sighted information.

These risks and uncertainties include, but are not limited to: market risks, such as the intensity of our customer activity, which depends on economic and political conditions, our ability to negotiate other external risks (such as epidemics, armed conflict and inflation) and new contracts; Risks related to our industry, such as competition, and the ability to attract and retain our qualified workers, develop and expand our service lines, enter new markets and protect our property rights intellectuals; Our business-related risks, such as our growth strategies, new business integration, financial risks and operating risks associated with international markets, currency risks, changes to tax laws and other tax programs, the ability to negotiate favorable terms of service, our services and our Collection due; The risks to our reputation and the financial risks involved in CGI’s cyber security breaches and other incidents, particularly liquidity demand and requirements, maintenance of financial ratios and evolution of credit ratings and credit ratings; As well as all other risks and assumptions set out in this press release by reference, CGI’s annual and quarterly MD & As and other documents published by us, including those we have filed with Canadian Securities Administrators (SEDAR at www.sedar.com). A) and the United States Securities and Exchange Commission (at EDGAR at www.sec.gov). The risks posed by the coronavirus epidemic (COVID-19) have been analyzed in the headings section. Epidemic risk In Section 8.1.1. Our MD&A for the second quarter of FY 2022.

Unless otherwise indicated, the short-sighted information and statements contained in this press release are presented here to date, and CGI denies any desire or obligation to update or correct them as a result of new information or the occurrence of new events, or for any other reason, applicable law. Without the amount required by. Although we believe that the advance information and statements based on the assumptions seem reasonable as of the date of this press release, the reader has been warned against the risk of giving them unreasonable credibility.

It should also be noted that leading information and statements are presented solely to help investors and other parties understand our objectives, strategic priorities and business prospects, as well as the environment in which we plan to operate. Readers are warned that such far-sighted information and statements may not be appropriate for any other purpose. You will find it in the title section Risky environment CGI’s annual and quarterly MD & As, with reference to this disclaimer, includes more information on the risks that actual results may be materially different from current expectations. Readers are further warned that the above risks and the risks described in CGI’s annual and quarterly MD & As and other documents are not the only risks that may affect us. Other risks and uncertainties that are currently unknown to us or that we currently believe are unreasonable can have a material adverse effect on our financial status, financial performance, cash flow, business activities or reputation.


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