Adesso : plans to convert to European Company (SE) with dualistic management system
January 07, 2019 at 04:20 am
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DGAP-Ad-hoc: adesso AG / Key word(s): Strategic Company Decision
adesso AG plans to convert to European Company (SE) with dualistic management system
07-Jan-2019 / 10:16 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
adesso AG plans to convert to European Company (SE) with dualistic management system
The Management Board and the Supervisory Board of adesso AG today decided to prepare the conversion of the company into a European Company (Societas Euopaea, SE). The conversion into the internationally recognized and acknowledged legal form of the SE follows the strategy of adesso to further build a Europe-wide leading consulting and technology group for digital, industry-specific business processes. After the SE transformation, the dualistic management system, consisting of a management board as management body and a supervisory board as supervisory body, is to remain unchanged.
One of the prerequisites for the conversion into the legal form of SE, implemented by a cross-border merger, is that the annual general meeting of adesso AG approves the merger plan to be drawn up together with Vienna-based adesso Beteiligungsverwaltung AG, which is wholly owned by adesso AG. The Articles of Association of the future adesso SE are also to be approved and the members of the first Supervisory Board of adesso SE to be appointed. Corresponding draft resolutions are to be submitted for approval to this year's Annual General Meeting. The registration and thus the effectiveness of the conversion into the legal form of the SE also presupposes that the procedure for the agreement on the participation of employees in the future adesso SE, which will be initiated on 10 January 2019, is completed or terminated before registration.
As a result of the conversion into the legal form of SE, the legal status of the shareholders of adesso AG remains unaffected. They will hold the same number of no-par value shares in adesso SE as in adesso AG before the SE conversion.
07-Jan-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
adesso AG
Adessoplatz 1
44269 Dortmund
Germany
Phone:
+49 231 7000-7000
Fax:
+49 231 7000-1000
E-mail:
ir@adesso.de
Internet:
www.adesso-group.de
ISIN:
DE000A0Z23Q5
WKN:
A0Z23Q
Listed:
Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange; London
Adesso AG is a Germany-based information technology (IT) service provider focused on developing customized software solutions. It provides business consulting, IT consulting, software development, IT management, and solutions, including drebnis, a claims management system; inSIGHT, a data transport tool; inFOCUS 360, a direct channels to customer tool; inBOUND, a Web service for regionalization of agen-managed lottery gaming; inRELATION, a mutli-channel sales for insurers with Microsoft Dynamics CRM tool, and Mobile Rettern, a smartphone-based first-aider notification system. The Company cooperates with various IT partners and uses the Java, Microsoft and Mainframe technologies in its practice and projects. The Company is active in Germany, Austria, Switzerland, the United Kingdom, Turkey and the United States and operates a number of subsidiaries, including Adesso hosting services GmbH, Turkey Bilgi Teknolojileri Ltd, Smarthouse Media GmbH, flitcon GmbH and Born Informatik AG.
ADESSO SE 
