DGAP-Adhoc: Serviceware SE: IPO offer price set at EUR 24.00 per share

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Publication of an inside information according to Article 17 MAR

Serviceware SE: IPO offer price set at EUR 24.00 per share

Bad Camberg, 18 April 2018

Serviceware SE ("Serviceware" or the "Company") today has set the offer price for its shares at EUR 24.00 per share.

In total, 3,703,000 shares have been placed with investors, thereof 2,500,000 newly issued shares from a capital increase, 720,000 shares from the holdings of existing shareholders and 483,000 shares from an over-allotment ("Greenshoe option"). The offer was clearly oversubscribed.

The total volume of the issue amounts to EUR 88.9 million. Assuming the exercise of the Greenshoe option, the free float will amount to approximately 35 percent. At the offer price, Serviceware's market capitalisation at the start of trading will total around EUR 252 million.

The gross proceeds for the Company total EUR 60 million. Serviceware intends to use the net proceeds to finance its growth via M&A, further internationalisation as well as scale-up of the sales force to increase penetration of large enterprise customers.

Shares of Serviceware are expected to be listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange with German Securities Code (WKN) A2G8X3, ISIN DE000A2G8X31 and the ticker symbol "SJJ" from 20 April 2018. Settlement is planned for 23 April 2018.

COMMERZBANK Aktiengesellschaft and Hauck & Aufhäuser Privatbankiers Aktiengesellschaft are acting as joint global coordinators and joint bookrunners for the transaction.

End of Ad-hoc notification

Media Relations
edicto GmbH
Axel Mühlhaus
Tel. +49(0) 69/905505-52
eMail: serviceware@edicto.de

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