Viscom AG initiates concrete plans for change of legal form to European Company (Societas Europaea, SE)
June 22, 2023 at 05:30 am EDT
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EQS-Ad-hoc: Viscom AG / Key word(s): Strategic Company Decision/Miscellaneous
Viscom AG initiates concrete plans for change of legal form to European Company (Societas Europaea, SE)
22-Jun-2023 / 11:28 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Viscom AG initiates concrete plans for change of legal form to European Company (Societas Europaea, SE)
Hanover, 22 June 2023 - The Executive Board of Viscom AG, Hanover (ISIN DE 000 7846867), today resolved, with the approval of the Supervisory Board, to prepare the change of legal form of the Company into a European Company (Societas Europaea, SE) while preserving its identity. The dualistic management system, consisting of the Executive Board as management body and the Supervisory Board as control body, is to continue after the change of legal form. The responsibilities and composition of the Executive Board and Supervisory Board are also to remain unaffected by the new structure. The Company's registered office and head office will remain in Hanover.
The intention is to convene an Extraordinary General Meeting of the Company in September 2023 at which the change of legal form is to be resolved. The effectiveness of the change of legal form to the legal form of an SE requires, among other things, that the procedure for the agreement on the participation of employees in the future Viscom SE has been completed or terminated.
As a result of the SE conversion, the legal position of the shareholders of Viscom AG remains fundamentally unaffected. They will hold the same number of no-par value shares in Viscom SE as they did immediately before the change of legal form. The stock exchange listing of Viscom shares on the regulated market (Prime Standard) of the Frankfurt Stock Exchange will also remain unaffected by the change of legal form.
Contact:
Viscom AG
Investor Relations
Sandra M. Liedtke
Carl-Buderus-Str. 9-15
30455 Hannover
Tel.: +49-511-94996-791
Fax: +49-511-94996-555
investor.relations@viscom.de
End of Inside Information
22-Jun-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
Language:
English
Company:
Viscom AG
Carl-Buderus-Str. 9-15
30455 Hannover
Germany
Phone:
+49 (0) 511 94 996 791
Fax:
+49 (0) 511 94 996 555
E-mail:
investor.relations@viscom.de
Internet:
www.viscom.de
ISIN:
DE0007846867
WKN:
784686
Listed:
Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
Viscom AG, the parent company of the Viscom Group, is a Germany-based company that develops, manufactures and sells automated optical and X-ray inspection systems for use in industrial electronics production. The Companyâs business segments include: the SP (serial products) business area, that is responsible for enhancing, producing and distributing series Systems; the NP (new products) business area, that develops optical and X-ray inspection systems with growth potential for customer applications in the context of individual projects, and the Service business area that offers Viscom customers a service portfolio. The Companyâs inspection systems are used in automotive electronics, aerospace technology and industrial electronics.