GESCO SE: Conversion into European Stock Corporation completed
January 05, 2023 at 09:47 am
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EQS-News: GESCO SE
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GESCO SE: Conversion into European Stock Corporation completed
05.01.2023 / 10:44 CET/CEST
The issuer is solely responsible for the content of this announcement.
In October 2021, the Executive Board and Supervisory Board decided to transform GESCO AG into a European Stock Corporation (Societas Europaea, or SE). The Annual General Meeting on 24 August 2022 approved the change of legal form with 99.8%.
With yesterday's entry in the commercial register, the conversion of GESCO AG into GESCO SE is concluded and thus formally effective. The European legal form underlines GESCO's positioning as a forward-looking and increasingly internationally oriented medium-sized industrial group.
The previous structure of the separation of organs of the Supervisory Board and the Executive Board as well as the staffing of the bodies will remain in place. In principle, the new legal form has no effect on shareholders, contractual partners and customers of the Company. Shareholder rights or financial reporting will also not be affected by the conversion. GESCO SE's headquarters will remain in Wuppertal.
About GESCO:
GESCO SE is an industrial group with market- and technology-leading companies in the capital goods industry with a focus on process, resource as well as healthcare and infrastructure technology. As a company listed in the Prime Standard, GESCO SE gives private and institutional investors access to a portfolio of hidden champions of the German industrial SME sector.
Contact:
Peter Alex
Head of Investor Relations & Communications
Tel. +49 (0) 202 24820-18
Fax +49 (0) 202 24820-49
E-mail: ir@gesco.de
Internet: www.gesco.de
05.01.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
Language:
English
Company:
GESCO SE
Johannisberg 7
42103 Wuppertal
Germany
Phone:
+49 (0)202 24820 18
Fax:
+49 (0)202 2482049
E-mail:
ir@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
Gesco AG is a Germany-based investment company that acquires industrial small and medium-sized enterprises (SMEs). The Company focuses on production process technology, resource technology, health, and infrastructure technology, as well as mobility technology, and operates as a long-term investor. It manages takeovers both through management buyouts (MBOs) and management buy-ins (MBI), and through group spin-offs. It offers machines, production facilities, tools, components, and services from steelmaking to 3Dimension (3D) printing, from medical technology to special purpose mechanical engineering. The Company operates in Germany and its subsidiaries include, among others, Astroplast Kunststofftechnick Gmbh & Co KG, Franz Funke Zerspanungstechnik GmbH & Co KG, Doemer GmbH & Co KG Stanz- und Umformtechnologie, Doerrenberg Edelstahl GmbH, MAE Group, SVT GmbH, Frank Group and Setter Group.