GESCO AG (FRA:GSC1) GESCO AG plans merger into European company (SE) with dual management system
Transparency directive : regulatory news
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DGAP-Ad-hoc: Gesco AG / Key word(s): Miscellaneous GESCO AG plans merger into European company (SE) with dual management system The current dual management system of GESCO AG, consisting of the Executive Board with responsibility for business affairs and the Supervisory Board as a monitoring authority, will remain in place in the new SE legal structure. GESCO SE is to be registered in Wuppertal, Germany. The transformation is to be achieved by merging wkk 1. Beteiligung AG, registered in Vienna into GESCO AG and changing the legal form into an SE. The transformation requires that the GESCO AG Annual General Meeting agrees to the merger plan. If possible, the regular Annual General Meeting planned for 2022 should address the proposal for resolution. The legal status of GESCO AG shareholders remains fundamentally unaffected by the merger of GESCO AG into an SE. Shareholders will continue to hold the same number of no-par-value registered shares. There will also be no increase in the total number of shares in GESCO AG, as the merger is to take place without any new shares being issued. Stock market trading will also be unaffected by the SE transformation.
13-Oct-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Gesco AG |
| Johannisberg 7 | |
| 42103 Wuppertal | |
| Germany | |
| Phone: | +49 (0)202 248200 |
| Fax: | +49 (0)202 2482049 |
| E-mail: | info@gesco.de |
| Internet: | www.gesco.de |
| ISIN: | DE000A1K0201 |
| WKN: | A1K020 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1240272 |
| End of Announcement | DGAP News Service |
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1240272 13-Oct-2021 CET/CEST