DGAP-Adhoc: All for One Steeb AG Seeks to Invest in Customer Base for SAP Human Capital Management

All for One Steeb AG / Key word(s): Acquisition/Corporate Action

10.10.2013 18:46

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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All for One Steeb AG Seeks to Invest in Customer Base for SAP Human Capital
Management

Equity interest in KWP Group to be raised to 100% / Besides cash component,
capital increase against non-cash contributions from authorised capital
intended / Closer integration of largest subsidiary to reinforce the Number
1 position in German-speaking countries / Leading the way on the HR market
with SAP Cloud Services and SuccessFactors

Filderstadt, 10 October 2013 - All for One Steeb AG, the leading integrated
full-service provider in the German-speaking SAP midmarket segment, intends
to further expand its activities relating to SAP Human Capital Management.
To accomplish this, increased investments in the customers and services of
its largest Group company are intended. The equity interest in the
subsidiary KWP Kümmel, Wiedmann + Partner Unternehmensberatung GmbH,
Heilbronn, (KWP), is to be increased from its current 56% to 100%. KWP
shareholder and managing director Hartmut Kümmel intends to contribute his
share of KWP in the amount of 34% of the nominal capital in return for
which he is to receive 122,000 new shares of All for One Steeb AG stock and
a cash payment. This action would involve increasing All for One Steeb AG's
share capital - presently EUR 14.58 million and divided into 4,860,000
registered shares - to EUR 14.946 million divided into 4,982,000 shares.
The interest in KWP held by Joachim Volpert (10% of the nominal capital)
is, however, to be compensated for in cash.

The management board of All for One Steeb AG reached an underlying
agreement about the terms of the transaction with Kümmel and Volpert on 10
October 2013. The management board is expected to adopt the resolution for
the capital increase before the end of autumn 2013. The capital increase
and the agreements to be concluded in connection with the acquisition of
the shareholdings still require the approval of the supervisory board, and
the increase in the equity interest in KWP may also require authorisation
from antitrust authorities.

Following a robust growth phase in recent years, KWP is recognised as a
market leader for SAP ERP Human Capital Management, most recently
(financial year 2011/12) generated revenues of nearly EUR 17 million and
currently employs more than 140 people.

Contact:
All for One Steeb AG, Dirk Sonntag, Tel. 0049 (0)711 78807-260, E-Mail
dirk.sonntag@all-for-one.com

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Language: English
Company: All for One Steeb AG
Gottlieb-Manz-Straße 1
70794 Filderstadt-Bernhausen
Germany
Phone: +49 (0)711 78 807-260
Fax: +49 (0)711 78 807-222
E-mail: dirk.sonntag@all-for-one.com
Internet: www.all-for-one.com
ISIN: DE0005110001
WKN: 511000
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

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