Satisfaction of Regulatory and Competition Conditions

25th October 2019

SCISYS Group PLC (“SCISYS” AIM SSY; ESM: SCC) is pleased to announce that it has received regulatory approval from the German Federal Ministry of Economics and Energy (Bundesminisof bespoke software systems, IT-based solutions and support services to the space, media & broadcast, government, defence and commerce sectors,terium für Wirtschaft und Energie) in respect of the anticipated acquisition by CGI Group Holdings Europe Limited of SCISYS Group plc (“Acquisition”). All of the general regulatory and anti-trust/competition conditions relating to the Scheme as set out in paragraph 3.1 of Part 5 of the Scheme Document have now been satisfied.

Click here for the full regulatory announcement.

About SCISYS Group:

Employing around 670 staff, SCISYS Group is a leading developer of information and communications technology services, e-business, web and mobile applications, editorial newsroom solutions and advanced technology solutions. The Company operates in a broad spectrum of market sectors, including Media & Broadcast, Space, Government and Defence and Commercial sectors. SCISYS clients are predominantly blue-chip and public-sector organisations. Customers include the Environment Agency, the Ministry of Defence, Airbus Defence & Space, Thales Alenia Space, Arqiva, Vodafone, the European Space Agency, Eumetsat, the BBC, Radio France, RTL, RNLI, Pets at Home, Siemens and the National Trust. The Company's registered office is in Dublin, with UK offices in Chippenham, Bristol, Leicester and Reading and German offices in Bochum, Dortmund, Darmstadt and Munich.