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Steria Chosen by the European Markets and Securities Authority (ESMA) for IT Transformation


July 16, 2014 - New Delhi, Delhi, India

In brief
Steria has been selected by the European Markets and Securities Authority (ESMA) to provide consultancy and ICT Managed Services as part of a four-year contract. This contract is worth an estimated 10.7 million euros.

Steria, a leading provider of end-to-end IT enabled business services, today announced the signature of a four year framework contract with the Paris-based European Markets and Securities Authority (ESMA), for the provision of consultancy and ICT managed services, out of 11 competing consortiums.
 
The European Securities and Markets Authority (ESMA) is part of the European System of Financial Supervision with a mission to enhance the protection of investors and promote stable and well-functioning financial markets in the European Union.
 
As part of the contract, Steria will provide high-level consultancy services to assist and support ESMA in the management of their IT projects and in the interaction with the different stakeholders of their IT ecosystem, including other contractors, project teams, ESMA Departments and users.
 
This four-year contract will see continued cooperation between Steria and Trasys - a customer-focused consultancy and IT services company – as they are partners in this consortium and are already engaged in a number of other EU endeavours together.
 
Bart DENOODT, CEO Steria Belux, said: “This new contract offers further confirmation of Steria’s expertise in delivering IT enabled business services and in helping public organisations to successfully implement strategic and organisational change.”
 
It is reminded that the Public Exchange Offer (“OPE”) between Sopra Group (Sopra) and Groupe Steria SCA (Steria), which the AMF declared compliant on June 24, 2014, is open since 26 June 2014. The OPE is formulated according to the parity of one (1) Sopra share in exchange of four (4) Steria shares.
 
Indicative timetable for the OPE:
 
- 26 June 2014: OPE open to shareholders
- 30 July 2014: closing of the OPE*
- 12 August 2014: settlement-delivery of the shares tendered
 
*The AMF and Euronext Paris will publish the finalised OPE timetable as soon as the European Commission issues its antitrust approval for the tie-up transaction. 
 
Steria shareholders are advised to read the documents related to the Public Exchange Offer covered by the AMF and available on the AMF website (www.amf-france.org), Sopra Group’s website (www.sopra.com) and Steria’s website (http://investors.steria.com). Sopra Group’s Information Memorandum was approved on June 24 2014 (AMF visa no. 14-322) as well as Steria’s Memorandum in Response (AMF visa no. 14-323) on June 24 2014.
 
This press release has been disseminated for information purposes only and does not constitute and should not be construed as constituting an offer to acquire Steria or Sopra shares. The OPE is being carried out exclusively in France and participation in the OPE is subject to legal restrictions outside France. This press release is therefore not intended to be disseminated in countries other than France and it is not addressed, directly or indirectly, to persons subject to such restrictions. Sopra and Steria disclaim all liability in the event of a breach by any person of these legal restrictions applicable outside France.
 
About Steria:

With 20,000 people across 16 countries, Steria delivers end-to-end IT-enabled business services that help private and public organisations meet today’s complex business challenges. As a Trusted Transformation partner with a highly collaborative approach, Steria provides consulting, digital expertise, as well as optimised infrastructures, applications and business process services. With over 20%* of its capital owned by its employees, Steria generated revenues of €1.75 billion in 2013. Find out more at www.steria.com and @Steria
(*): including “SET Trust” and “XEBT Trust” (3.90% of capital)

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Source: Business Wire India

BusinessWireIndia

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