On October 20, 2021, Phast Invest and Prodware’s management and key shareholders announced that Phast Invest would file a public offer for Prodware’s shares. Following this annoucement and in accordance with the « Règlement Général » of the « Autorité des Marchés Financiers » (the French Financial Markets regulatory authority), the Board of Directors of Prodware took note of the proposed offer and unanimously appointed Finexsi as an independent expert to issue a report including a fairness opinion on the financial terms and conditions of the public offer.

 

On November 3, 2021, Prodware filed its note prepared in response to the tender offer, which included Finexsi’s report.

 

The assignment was led by Olivier Péronnet and Christophe Lambert.