PSI Software prepares to delist with Warburg Pincus backing

PSI Software ($PSAN) signed a delisting agreement with controlling shareholder Zest Bidco, which is affiliated with Warburg Pincus. A cash offer to remaining shareholders is planned at the statutory minimum price, calculated using the six-month volume-weighted average share price. The exact offer price has not been announced. Leaving the regulated market could reduce trading liquidity.

Sources: