subsidiary Total Specific Solutions (“TSS”) submits public tender offer to acquire Sygnity S.A.

Mar 22, 2022 Poland
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TORONTO, 22 March, 2022 - Inc. (TSXV: TOI) today announced its intention to submit a public tender offer for the entire issued share capital of Sygnity S.A., a software company listed on the Warsaw Stock Exchange (WSE: SGN) at a price of PLN 12.00 per ordinary share. The anticipated acquisition is subject to customary closing conditions, including operational control of the business by TSS, and is expected to be completed in Q2 2022.

Sygnity S.A. is a well-established vertical market solution provider in Poland, focusing on banking, finance and insurance, energy, utilities, industry, local and central administration. Sygnity offers dedicated solutions to each of its markets; all focused on automating mission-critical processes of the target audience. The company had net revenue of PLN 183m in 2021 and has over 850 employees.

About is a leading pan-European provider of vertical market software and vertical market platforms to clients in public and private sector markets. Operating and investing in countries and markets across Europe with long-term growth potential, acquires, builds and manages leading software companies providing specialized, mission-critical and high-impact software solutions that address the particular needs of customers.

Forward Looking Statements
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For further information, contact: Inc.
Jamal Baksh,
Chief Financial Officer
Tel: (416) 861-9677 Share: