Takeover offer update: 10.79% of Nagarro secured in additional acceptance period

Persistent Systems secured 1,335,114 shares (~10.79%) of Nagarro SE in the additional acceptance period (Sept 23-Oct 6, 2026).

Fri 9 Oct 2026

Shares secured in additional acceptance period

1,335,114 shares (~10.79%) of Nagarro SE

Aggregate holding after additional acceptance period

~94.04% as of October 6, 2026

Earlier stages of holding build-up

~61.15% acceptance period; ~22.10% via share purchase agreement

What was disclosed

Persistent Systems has informed the exchanges that it secured 1,335,114 shares of Nagarro SE during the additional acceptance period of its Voluntary Public Takeover Offer. This represents approximately 10.79% of Nagarro's outstanding share capital, excluding treasury shares. The additional acceptance period ran from September 23, 2026 to October 6, 2026.

How the holding builds up

• Acceptance period (August 6, 2026 to September 17, 2026): approximately 61.15% of Nagarro's outstanding share capital.
• Share purchase agreement with Lantano Beteiligungen GmbH: approximately 22.10% of Nagarro's outstanding share capital.
• Additional acceptance period (September 23, 2026 to October 6, 2026): 1,335,114 shares, approximately 10.79%.
• Aggregate shareholding as at the end of the additional acceptance period, that is as of October 6, 2026: approximately 94.04% (excluding treasury shares).

What happens next

The Offer remains subject to the fulfilment of certain outstanding offer conditions specified in the offer document. Settlement of the Offer, for the Nagarro shares tendered during both the acceptance period and the additional acceptance period, will be undertaken when these outstanding offer conditions are fulfilled.

Reading it simply

The company is in the process of acquiring a large majority holding in Nagarro SE through a Voluntary Public Takeover Offer. The update marks progress in that process: the share of Nagarro's outstanding share capital secured has moved from approximately 61.15% at the end of the acceptance period to an aggregate of approximately 94.04% as at October 6, 2026, once the shares acquired under the share purchase agreement and the additional acceptance period are counted.

The update makes clear that the tendered shares are not settled yet — settlement is tied to the outstanding offer conditions being fulfilled.

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