Being BidCo considers takeover of Solution Dynamics

Being AI's subsidiary, Being BidCo, is considering a takeover offer for Solution Dynamics.

Being BidCo has approached Solution Dynamics to express its interest in acquiring a controlling interest and has offered to buy SDL shares through either a 100% Being AI scrip option or a combination of cash and scrip.

Being BidCo believes that this potential offer presents a compelling and unique opportunity for SDL shareholders to realise significant value and participate in Being AI's growth.

Shareholders will have the opportunity to discuss this initiative at Being AI's annual meeting, with further details to be provided if a formal takeover notice is submitted to Solution Dynamics.