Notification of transactions in shares by persons discharging managerial responsibility (“PDMRs”)

Cambridge (UK) 12 May 2025: The Company makes the following announcement and notification in respect of the EU Market Abuse Regulation.

1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Congra Software S.à.r.l.
2 Reason for the notification
a) Position/status Controlling party
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hybrid Software Group PLC
b) LEI 213800ZFW446QIHAB654
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument

Identification code

Ordinary share

 

GB00BYN5BY03

b) Nature of the transaction Acquisition of shares.
c) Price(s) and volume(s) Price

EUR 3.50

Volume

2

d) Aggregated information

– Aggregated volume

– Price

 

2.00

EUR 7.00

e) Date of the transaction 8 May 2025
f) Place of the transaction Euronext Brussels

 

1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Congra Software S.à.r.l.
2 Reason for the notification
a) Position/status Controlling party
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hybrid Software Group PLC
b) LEI 213800ZFW446QIHAB654
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument

Identification code

Ordinary share

 

GB00BYN5BY03

b) Nature of the transaction Acquisition of shares.
c) Price(s) and volume(s) Price

EUR 3.50

Volume

233

d) Aggregated information

– Aggregated volume

– Price

 

233

EUR 815.50

e) Date of the transaction 9 May 2025
f) Place of the transaction Euronext Brussels

 

About Hybrid Software Group

Through its operating subsidiaries. Hybrid Software Group PLC (Euronext: HYSG) is a leading developer of enterprise software for industrial print manufacturing. Customers include press manufacturers such as HP. Canon. Durst. Roland. Hymmen. and hundreds of packaging printers. trade shops. and converters worldwide.

Hybrid Software Group PLC is headquartered in Cambridge UK. Its subsidiary companies are colour technology experts ColorLogic, printing software developers Global Graphics Software, enterprise software developer HYBRID Software, 3D design and modelling software developers iC3D, the industrial printhead driver solutions specialists Meteor Inkjet, and pre-press workflow developer Xitron.

 

Contacts

Floris De Ruyck Joachim Van Hemelen
Legal Counsel & Investor Relations Officer Chief Financial Officer
Tel: +32 (0) 9 329 57 53 Tel: +32 (0) 9 329 57 53
Email: florisdr@hybridsoftware.group Email: joachimvh@hybridsoftware.group

 

Notification of transactions in shares by persons discharging managerial responsibility (“PDMRs”)

Cambridge (UK) 8 May 2025: The Company makes the following announcement and notification in respect of the EU Market Abuse Regulation.

1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Congra Software S.à.r.l.
2 Reason for the notification
a) Position/status Controlling party
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hybrid Software Group PLC
b) LEI 213800ZFW446QIHAB654
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument

Identification code

Ordinary share

 

GB00BYN5BY03

b) Nature of the transaction Acquisition of shares.
c) Price(s) and volume(s) Price

EUR 3.50

Volume

2,441.00

d) Aggregated information

– Aggregated volume

– Price

 

2,441.00

EUR 8,543.50

e) Date of the transaction 6 May 2025
f) Place of the transaction Euronext Brussels

 

About Hybrid Software Group

Through its operating subsidiaries. Hybrid Software Group PLC (Euronext: HYSG) is a leading developer of enterprise software for industrial print manufacturing. Customers include press manufacturers such as HP. Canon. Durst. Roland. Hymmen. and hundreds of packaging printers. trade shops. and converters worldwide.

Hybrid Software Group PLC is headquartered in Cambridge UK. Its subsidiary companies are colour technology experts ColorLogic, printing software developers Global Graphics Software, enterprise software developer HYBRID Software, 3D design and modelling software developers iC3D, the industrial printhead driver solutions specialists Meteor Inkjet, and pre-press workflow developer Xitron.

 

Contacts

Floris De Ruyck Joachim Van Hemelen
Legal Counsel & Investor Relations Officer Chief Financial Officer
Tel: +32 (0) 9 329 57 53 Tel: +32 (0) 9 329 57 53
Email: florisdr@hybridsoftware.group Email: joachimvh@hybridsoftware.group

 

 

 

 

 

 

Update on the share repurchase program

Cambridge (UK), 6 May 2025 (18.00 CEST): On 10 December 2024, Hybrid Software Group PLC announced the start of its share repurchase programme, for a total amount of €1 million. Hybrid Software Group PLC announces today that during the period from 28 April 2025 to 2 May 2025, Kepler Cheuvreux SA on behalf of Hybrid Software Group PLC has bought 506 shares.

The table below provides an overview of the transactions under the Programme during the period 28 April 2025 to 2 May 2025:

Trade Date Market Quantity repurchased Execution Price (EUR) Gross Amount (EUR)
02/05/2025 Euronext Brussels 506 3.60 1,821.60
Total 506 1,821.60

On 2 May 2025 after closing of the market, Hybrid Software Group PLC holds 102,403 own shares, or 0.30% of the total number of the outstanding shares.

 

About Hybrid Software Group

Through its operating subsidiaries. Hybrid Software Group PLC (Euronext: HYSG) is a leading developer of enterprise software for industrial print manufacturing. Customers include press manufacturers such as HP, Canon, Durst, Roland, Hymmen, and hundreds of packaging printers, trade shops, and converters worldwide.

Hybrid Software Group PLC is headquartered in Cambridge UK. Its subsidiary companies are colour technology experts ColorLogic, printing software developers Global Graphics Software, enterprise software developer HYBRID Software, 3D design and modelling software developers iC3D, the industrial printhead driver solutions specialists Meteor Inkjet, and pre-press workflow developer Xitron.

 

Contacts
Floris De Ruyck
Legal Counsel & Investor Relations Officer
Tel: +32 (0) 9 329 57 53
Email: florisdr@hybridsoftware.group

Global Graphics Software achieves a King’s Award for Enterprise

Global Graphics Software has been honored with a King’s Award for Enterprise for Innovation

Global Graphics Software, a leading developer of core technologies for digital printing and the OEM business unit of Hybrid Software, has been awarded the prestigious King’s Award for Enterprise. The company has received the honor for its excellence in innovation for SmartDFE™—the intelligent digital front end that drives high-speed label & packaging and industrial inkjet presses. Global Graphics Software is one of 197 organizations in the UK to be recognized.

The company developed SmartDFE in response to growing demands of their customers, who increasingly needed to build inkjet presses that could handle extremely large files while printing at high speed. Global Graphics leveraged artificial intelligence to develop software that analyzes the files and then optimizes the system configuration to process them in real time as the press operates, enabling faster, more flexible production, reducing delays and enabling immediate adjustments. It ensures that press operators can confidently submit a job to the printer and maintain continuous, efficient production and minimize waste. Much of the drive for innovation has also been fuelled by a global shortage of skilled operators in the markets served by digital inkjet printer manufacturers. As a result, the ‘Smarts’ —the print domain expertise once held by operators—needed to be embedded directly into SmartDFE.

Justin Bailey, Managing Director, Global Graphics Software, explained: “We are immensely proud to be honored with this most prestigious award from His Majesty King Charles III. Developing SmartDFE has been a journey that has seen our company transition from supplying software development kits to a complete platform that our customers can develop into their own customized digital front ends to be sold with their digital inkjet printers. Developing SmartDFE has brought a fresh and innovative culture to what was a mature business. It has helped us attract new talent and enabled us to create new patented technology. We are very grateful to our customers and partners who drove our innovation for their trust and support.”

SmartDFE has the potential to transform digital printing: it enables traditional printer manufacturers to more easily diversify into the digital press market by offering their own fully integrated products built on the SmartDFE platform. With its built-in intelligence, SmartDFE empowers press manufacturers to consistently deliver first-class products without the need for specialized knowledge, and to do so quickly in a constantly evolving market.

The King’s Awards for Enterprise, previously known as The Queen’s Awards for Enterprise, were renamed in 2023 to reflect His Majesty The King’s desire to continue the legacy of HM Queen Elizabeth II’s by recognizing outstanding UK businesses. The Award programme, now in its 59th year, is the most prestigious business award in the country.

This is the second time Global Graphics Software has been honored with this award, having received a Queen’s Award for Enterprise for Innovation in 2020 for its ScreenPro™ screening software.

The company will attend a royal reception for King’s Award winners at Windsor Castle and will celebrate with all employees at its head office.

Ends

About Global Graphics Software

Global Graphics Software, www.globalgraphics.com, is a leading developer of smart software components for print OEMs and ISVs. Technologies include SmartDFE™, Harlequin Core™, ScreenPro Core™, PrintFlat™ and Mako Core™. Customers include HP, Canon, Durst, Roland, Kodak and AgfaThe roots of the company go back to 1986 and to the iconic university town of Cambridge, and today the majority of the R&D team is still based near here. Global Graphics Software owns 100% of its Intellectual Property and is independent of any printer manufacturer. Global Graphics Software is the OEM Software business unit of Hybrid Software Group PLC (Euronext: HYSG).

About the King’s Award for Enterprise
The King’s Awards for Enterprise, previously known as The Queen’s Awards for Enterprise, were renamed in 2023 to reflect His Majesty The King’s desire to continue the legacy of HM Queen Elizabeth II’s by recognizing outstanding UK businesses. The Award programme, now in its 59th year, is the most prestigious business award in the country, with successful businesses able to use the esteemed King’s Award Emblem for the next five years. Applications for King’s Awards for Enterprise 2026 open on 6th May 2025. For more information visit: https://www.gov.uk/kings-awards-for-enterprise.

Media Contact
Paula Halpin, PR & Marketing Manager, Global Graphics Software

Paula.halpin@globalgraphics.com  | Tel: +44 (0)1223 926017

Hybrid Software Group releases Q1 results

Cambridge (UK) 30 April 2025 (18.00 CEST) – Hybrid Software Group PLC (Euronext: HYSG) provides a trading update for the three months ended 31 March 2025.

CEO Mike Rottenborn comments, “Our operating performance for the first quarter showed a mixed picture, with growth in our Printhead Solutions and Enterprise Software segments, but an expected decline in revenue from our Printing Software segment.

Sales in the Printhead Solutions segment grew 9% year-over-year, continuing the recovery which began in 2023 after the component shortages of 2022 coupled with continued margin improvement, with adjusted operating profit advancing 74% compared to Q1 2024.

The Enterprise Software segment increased revenues 2% from last year, with consistent sales in Europe and Asia-Pacific being largely offset by weaker sales in North America and a weaker US dollar.

Revenue in the Printing Software can be erratic, as OEMs typically license our RIP technology for a period of three to five years. A multi-year licensing agreement was renewed in January 2024 which contributed significantly to last year’s Q1 revenue, but no comparable contract was up for renewal in 2025, leading to a year-over-year decrease in revenue of 55% in the first quarter.

On a consolidated basis, Q1 revenue decreased 20% to €12.14 million this year from €15.12 million last year. EBITDA decreased by 64% to €1.87 million from €5.25 million in Q1 2024.  Our cash position increased by €2.0 million during Q1, with €11.5 million cash on hand at the end of the quarter.

Market conditions remain challenging, but sales funnels are healthy across all our segments and our outlook for 2025 remains positive.”

 

Financial highlights for the three months ended 31 March 2025

The following information is unaudited.

  • Revenue for the period was €12.14 million (2024: €15.12 million)
  • EBITDA for the period was €1.87 million, or 15% of revenue (2024: €5.25 million, 35% of revenue)
  • Operating result for the period was €0.15 million, or 1% of revenue (2024: €3.23 million, 21% of revenue)
  • Adjusted operating result for the period was €0.92 million, or 8% of revenue (2024: €4.21 million, 28% of revenue)

 

Segment analysis

The following tables provide unaudited information about revenue from external customers, EBITDA, operating result and adjusted operating result for the Group’s operating segments for the current and previous financial years.

 

For the three months ended 31 March 2025:

In millions of euros (unaudited) Enterprise Software Printhead Solutions Printing Software Group Total
Revenue from external customers 5.74 3.54 2.86 12.14
 
Segment EBITDA 0.83 0.86 0.39 (0.21) 1.87
as a % of revenue 14% 24% 14% 15%
 
Segment Operating result 0.57 0.74 0.01 (1.17) 0.15
as a % of revenue 10% 21% 0% 1%
 
Segment Adjusted operating result 0.40 0.66 0.02 (0.16) 0.92
as a % of revenue 7% 19% 1% 8%

 

For the three months ended 31 March 2024:

In millions of euros (unaudited) Enterprise Software Printhead Solutions Printing Software Group Total
Revenue from external customers 5.61 3.24 6.27 15.12
 
Segment EBITDA 1.21 0.58 3.63 (0.17) 5.25
as a % of revenue 22% 18% 58% 35%
 
Segment Operating result 0.99 0.37 3.22 (1.35) 3.23
as a % of revenue 18% 11% 51% 21%
 
Segment Adjusted operating result 0.75 0.38 3.24 (0.16) 4.21
as a % of revenue 14% 12% 52% 28%

 

For more information about the Group’s operating segments, refer to the annual report for the year ended 31 December 2024, which is available from: https://www.hybridsoftware.group/investors/financial-reports.

EBITDA is calculated by adding back interest, tax, depreciation and amortisation to net profit.

Adjusted operating result is calculated starting from IFRS reported operating (loss)/profit from continuing operations and deducting other expenses and capitalised development expenses, and adding back other income, amortisation of acquired intangibles and capitalised development expenses and other non-recurring items in nature.

 

About Hybrid Software Group

Through its operating subsidiaries, Hybrid Software Group PLC (Euronext: HYSG) is a leading developer of software and electronics for labels & packaging and industrial print manufacturing. Customers include press manufacturers such as HP, Canon, Durst, Roland, and hundreds of packaging printers, trade shops, and converters worldwide.

Hybrid Software Group PLC is headquartered in Cambridge UK. Its subsidiary companies are colour technology experts ColorLogic, printing software developers Global Graphics Software, enterprise software developer HYBRID Software, 3D design and modelling software developers iC3D, the industrial printhead driver solutions specialists Meteor Inkjet, and pre-press workflow developer Xitron.

 

Contacts

Floris De Ruyck Joachim Van Hemelen
Legal Counsel & Investor Relations Officer Chief Financial Officer
Tel: +32 (0) 9 329 57 53 Tel: +32 (0) 9 329 57 53
Email: florisdr@hybridsoftware.group Email: joachimvh@hybridsoftware.group

 

Update on the share repurchase program

Cambridge (UK), 28 April 2025 (18.00 CEST): On 10 December 2024, Hybrid Software Group PLC announced the start of its share repurchase programme, for a total amount of €1 million. Hybrid Software Group PLC announces today that during the period from 22 April 2025 to 25 April 2025, Kepler Cheuvreux SA on behalf of Hybrid Software Group PLC has bought 521 shares.

The table below provides an overview of the transactions under the Programme during the period 22 April 2025 to 25 April 2025:

Trade Date Market Quantity repurchased Execution Price (EUR) Gross Amount (EUR)
23/04/2025 Euronext Brussels 520 3.72 1,934.40
24/04/2025 Euronext Brussels 1 3.50 3.50
Total 521 1,937.90

On 25 April 2025 after closing of the market, Hybrid Software Group PLC holds 101,897 own shares, or 0.30% of the total number of the outstanding shares.

 

About Hybrid Software Group

Through its operating subsidiaries. Hybrid Software Group PLC (Euronext: HYSG) is a leading developer of enterprise software for industrial print manufacturing. Customers include press manufacturers such as HP, Canon, Durst, Roland, Hymmen, and hundreds of packaging printers, trade shops, and converters worldwide.

Hybrid Software Group PLC is headquartered in Cambridge UK. Its subsidiary companies are colour technology experts ColorLogic, printing software developers Global Graphics Software, enterprise software developer HYBRID Software, 3D design and modelling software developers iC3D, the industrial printhead driver solutions specialists Meteor Inkjet, and pre-press workflow developer Xitron.

 

Contacts
Floris De Ruyck
Legal Counsel & Investor Relations Officer
Tel: +32 (0) 9 329 57 53
Email: florisdr@hybridsoftware.group

Update on the share repurchase program

Cambridge (UK), 23 April 2025 (18.00 CEST): On 10 December 2024, Hybrid Software Group PLC announced the start of its share repurchase programme, for a total amount of €1 million. Hybrid Software Group PLC announces today that during the period from 14 April 2025 to 17 April 2025, Kepler Cheuvreux SA on behalf of Hybrid Software Group PLC has bought 2,646 shares.

The table below provides an overview of the transactions under the Programme during the period 14 April 2025 to 17 April 2025:

Trade Date Market Quantity repurchased Execution Price (EUR) Gross Amount (EUR)
14/04/2025 Euronext Brussels 706 3.57 2,520.42
15/04/2025 Euronext Brussels 670 3.51 2,351.70
16/04/2025 Euronext Brussels 657 3.50 2,299.50
17/04/2025 Euronext Brussels 613 3.50 2,145.50
Total 2,646 9,317.12

On 17 April 2025 after closing of the market, Hybrid Software Group PLC holds 101,376 own shares, or 0.30% of the total number of the outstanding shares.

 

About Hybrid Software Group

Through its operating subsidiaries. Hybrid Software Group PLC (Euronext: HYSG) is a leading developer of enterprise software for industrial print manufacturing. Customers include press manufacturers such as HP, Canon, Durst, Roland, Hymmen, and hundreds of packaging printers, trade shops, and converters worldwide.

Hybrid Software Group PLC is headquartered in Cambridge UK. Its subsidiary companies are colour technology experts ColorLogic, printing software developers Global Graphics Software, enterprise software developer HYBRID Software, 3D design and modelling software developers iC3D, the industrial printhead driver solutions specialists Meteor Inkjet, and pre-press workflow developer Xitron.

 

Contacts
Floris De Ruyck
Legal Counsel & Investor Relations Officer
Tel: +32 (0) 9 329 57 53
Email: florisdr@hybridsoftware.group

Update on the share repurchase program

Cambridge (UK), 14 April 2025 (18.00 CEST): On 10 December 2024, Hybrid Software Group PLC announced the start of its share repurchase programme, for a total amount of €1 million. Hybrid Software Group PLC announces today that during the period from 7 April 2025 to 11 April 2025, Kepler Cheuvreux SA on behalf of Hybrid Software Group PLC has bought 2,377 shares.

The table below provides an overview of the transactions under the Programme during the period 7 April 2025 to 11 April 2025:

Trade Date Market Quantity repurchased Execution Price (EUR) Gross Amount (EUR)
07/04/2025 Euronext Brussels 543 3.50 1,900.50
09/04/2025 Euronext Brussels 1,046 3.48 3,640.08
11/04/2025 Euronext Brussels 788 3.49 2,750.12
Total 2,377 8,290.70

On 11 April 2025 after closing of the market, Hybrid Software Group PLC holds 98,730 own shares, or 0.30% of the total number of the outstanding shares.

 

About Hybrid Software Group

Through its operating subsidiaries. Hybrid Software Group PLC (Euronext: HYSG) is a leading developer of enterprise software for industrial print manufacturing. Customers include press manufacturers such as HP, Canon, Durst, Roland, Hymmen, and hundreds of packaging printers, trade shops, and converters worldwide.

Hybrid Software Group PLC is headquartered in Cambridge UK. Its subsidiary companies are colour technology experts ColorLogic, printing software developers Global Graphics Software, enterprise software developer HYBRID Software, 3D design and modelling software developers iC3D, the industrial printhead driver solutions specialists Meteor Inkjet, and pre-press workflow developer Xitron.

 

Contacts

Floris De Ruyck
Legal Counsel & Investor Relations Officer
Tel: +32 (0) 9 329 57 53
Email: florisdr@hybridsoftware.group

Update on the share repurchase program

Cambridge (UK), 7 April 2025 (18.00 CEST): On 10 December 2024, Hybrid Software Group PLC announced the start of its share repurchase programme, for a total amount of €1 million. Hybrid Software Group PLC announces today that during the period from 31 March 2025 to 4 April 2025, Kepler Cheuvreux SA on behalf of Hybrid Software Group PLC has bought 5,224 shares.

The table below provides an overview of the transactions under the Programme during the period 31 March 2025 to 4 April 2025:

Trade Date Market Quantity repurchased Execution Price (EUR) Gross Amount (EUR)
31/03/2025 Euronext Brussels 1,050 3.70 3,885.00
01/04/2025 Euronext Brussels 1,082 3.78 4,089.96
02/04/2025 Euronext Brussels 909 3.70 3,363.30
03/04/2025 Euronext Brussels 1,062 3.71 3,929.40
04/04/2025 Euronext Brussels 1,121 3.68 4,125.28
Total 5,224 19,392.94

On 4 April 2025 after closing of the market, Hybrid Software Group PLC holds 96,353 own shares, or 0.29% of the total number of the outstanding shares.

 

About Hybrid Software Group

Through its operating subsidiaries. Hybrid Software Group PLC (Euronext: HYSG) is a leading developer of enterprise software for industrial print manufacturing. Customers include press manufacturers such as HP, Canon, Durst, Roland, Hymmen, and hundreds of packaging printers, trade shops, and converters worldwide.

Hybrid Software Group PLC is headquartered in Cambridge UK. Its subsidiary companies are colour technology experts ColorLogic, printing software developers Global Graphics Software, enterprise software developer HYBRID Software, 3D design and modelling software developers iC3D, the industrial printhead driver solutions specialists Meteor Inkjet, and pre-press workflow developer Xitron.

 

Contacts

Floris De Ruyck
Legal Counsel & Investor Relations Officer
Tel: +32 (0) 9 329 57 53
Email: florisdr@hybridsoftware.group

Hybrid Software Group PLC: Notice of Annual General Meeting

Cambridge (UK), 3 April 2025: Hybrid Software Group PLC (Euronext: HYSG) announces details of its Annual General Meeting.

Notice is hereby given that the Annual General Meeting (“AGM”) of Hybrid Software Group PLC (the “Company”) will be held by video conference on Thursday 15 May 2025 at 15:00 hrs (CEST).

A copy of the notice, including explanatory notes, is available on the Company’s web site at https://www.hybridsoftware.group/investors/shareholders-annual-general-meeting. The meeting notice and explanatory notes have also been mailed to the registered address of all registered shareholders.

All proxy voting will be conducted electronically via the Company’s share registrar, MUFG Corporate Markets. Details of which have been provided to registered shareholders. For shares held in nominee accounts please contact the nominee account provider to establish their process for submitting proxy votes.

Registered shareholders are invited to join the meeting by video conference and must register by 15:00 hrs (CEST) on Friday 9 May 2025.To register for the meeting please email your request to investor-relations@hybridsoftware.group.

 

About Hybrid Software Group

Through its operating subsidiaries. Hybrid Software Group PLC (Euronext: HYSG) is a leading developer of enterprise software for industrial print manufacturing. Customers include press manufacturers such as HP, Canon, Durst, Roland, Hymmen, and hundreds of packaging printers, trade shops, and converters worldwide.

Hybrid Software Group PLC is headquartered in Cambridge UK. Its subsidiary companies are colour technology experts ColorLogic, printing software developers Global Graphics Software, enterprise software developer HYBRID Software, 3D design and modelling software developers iC3D, the industrial printhead driver solutions specialists Meteor Inkjet, and pre-press workflow developer Xitron.

 

Contacts
Floris De Ruyck
Legal Counsel & Investor Relations Officer
Tel: +32 (0) 9 329 57 53
Email: florisdr@hybridsoftware.group

Joachim Van Hemelen
Chief Financial Officer
Tel: +32 (0) 9 329 57 53
Email: joachimvh@hybridsoftware.group