Information  X 
Enter a valid email address

Computacenter (CCC)


Friday 23 October, 2020


Approval of Arrangement Agreement

RNS Number : 1164D
Computacenter PLC
23 October 2020

Computacenter plc

Incorporated in England

Registration number: 03110569

LEI: 549300XSXUZ1I19DB105




Computacenter plc





Further to the announcement made by Computacenter plc ("Computacenter" or the "Group") on 9 September 2020, Computacenter is pleased to confirm that the Arrangement Agreement ("Agreement") entered into by the Group has been approved by the shareholders of Pivot Technology Solutions, Inc. ("Pivot"), a company listed on the Toronto Stock Exchange (TSX:PTG), at a special meeting of Pivot's shareholders held to approve the Agreement on 23 October 2020. The Agreement was subject to the approval by 66 2/3 per cent of the votes cast by Pivot's shareholders at the special meeting.


Computacenter also confirms that, with the shareholder approval, the Ontario Superior Court of Justice is expected to approve the Canadian Plan of Arrangement and that, with these two approvals, and subject to certain other conditions precedent to closing, completion of the acquisition of the entire issued share capital of Pivot, with an all cash offer of CAD 2.60 per share, will occur on Monday 2 November 2020.


About Computacenter  

Computacenter is a leading independent technology partner, trusted by large corporate and public sector organisations. We help our customers to source, transform and manage their IT infrastructure to deliver digital transformation, enabling users and their business. Computacenter is a public company quoted on the London FTSE 250 (CCC.L) and employs over 16,000 people worldwide. Computacenter was supported by Obair Partners on this transaction. For more information, visit .

About Pivot

Pivot is an industry-leading information technology services and solutions provider to many of the world's most successful companies, including members of the Fortune 1000, as well as governments and educational institutions. By leveraging its extensive original equipment manufacturer (OEM) partnerships and its own fulfilment, professional, deployment, workforce and managed services, Pivot supports the IT infrastructure needs of its clients. For more information, visit .



Computacenter plc

Mike Norris, Chief Executive

01707 631601

Tony Conophy, Finance Director

01707 631515

Tulchan Communications

James Macey White / Matt Low

020 7353 4200


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

a d v e r t i s e m e n t