RCS - PSI Software SE - PSI Streamlines the Group Structure

PSI Software SEAnnouncement

26/06/2024 12:00

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RNS Number : 9916T  PSI Software SE  26 June 2024

 PSI Software SE / Key word(s): Miscellaneous/Merger

PSI Streamlines the Group Structure

26.06.2024

The issuer is solely responsible for the content of this announcement.

PSI Streamlines the Group Structure

Merger of the German subsidiaries into PSI Software SE

Berlin, June 26, 2024 - PSI Group is streamlining its organizational structure
 by merging its German subsidiaries into the Group's parent company, PSI
 Software SE. The structural simplification facilitates the PSI-wide
 harmonization and streamlining of business processes, unlocks synergy
 potential and improves the overall scalability of the business.

With this important step, PSI is creating the organizational preconditions for
 the Group's positioning as a modern, integrated software company. At the same
 time, this streamlining supports the focus on profitable growth and
 strengthens the Group-wide PSI identity. Through this merger in Germany and
 its strong regional hubs at international locations, PSI is ideally positioned
 to continue its international growth on specific target markets.

For PSI customers, the relationship with the business units of PSI Software SE
 will not be affected by this step. They will benefit from an even stronger
 financial basis and an increased pool of integrated expert ressources.

The PSI Group develops software products for optimizing the flow of energy and
 materials for utilities and industry. As an independent software producer with
 more than 2,300 employees, PSI has been a technology leader since 1969 for
 process control systems that ensure sustainable energy supply, mobility and
 production by combining AI methods with industrially proven optimization
 methods. The innovative industry products can be operated on-premises or in
 the cloud. www.psi.de

Contact:

PSI Software SE

Karsten Pierschke

Head of Investor Relations and Corporate Communication

Dircksenstraße 42-44

10178 Berlin

Germany

Tel. +49 30 2801-2727

Email: KPierschke@psi.de

26.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News
 - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements,
 Financial/Corporate News and Press Releases.
 Archive at www.eqs-news.com

 Language:     English
 Company:      PSI Software SE
               Dircksenstraße 42-44
               10178 Berlin
               Germany
 Phone:        +49 (0)30 2801-0
 Fax:          +49 (0)30 2801-1000
 E-mail:       ir@psi.de
 Internet:     www.psi.de
 ISIN:         DE000A0Z1JH9
 WKN:          A0Z1JH
 Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in
               Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
 EQS News ID:  1933759

 

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