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Nemetschek AG plans conversion into Societas Europaea (SE)
DGAP-News: Nemetschek AG / Key word(s): Legal Matter/Miscellaneous
Nemetschek AG plans conversion into Societas Europaea (SE)
26.03.2015 / 13:36
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Corporate News
Nemetschek AG plans conversion into Societas Europaea (SE)
- In keeping with the company's international alignment
Munich, March 26, 2015 - Executive and supervisory boards of Nemetschek AG
(ISIN 0006452907) will propose the conversion of Nemetschek AG into a
European Company (Societas Europaea - SE) to shareholders at the annual
general meeting on May 20, 2015. An SE is a public company according to EU
law.
The proposed conversion into an SE is a consistent step in the company's
development following the successful internationalization and growth of the
past few years. Today, the majority of staff (65%) is already employed
outside Germany. Nemetschek's conversion is in keeping with the Group's
global alignment and the requirements of an international and open
corporate culture.
The conversion will have no impact on the company structure. The legal and
entrepreneurial identity of the company will be retained. The dualist
system, comprising executive board and supervisory board, will continue and
the involvement of the shareholders will remain the same as it was before
the conversion. The financial reporting will also proceed as in the past.
Nemetschek's corporate headquarters will continue to be in Munich, Germany.
For further information on the company, please contact
Nemetschek Group
Stefanie Zimmermann
Investor Relations
+49 89 92793 1229
szimmermann@nemetschek.com
About the Nemetschek Group
The Nemetschek Group, Munich, is a globally leading software provider for
the AEC (Architecture, Engineering, Construction) industry. With its 13
brands, the Nemetschek Group now serves more than 1.8 million users in 142
countries from more than 40 locations worldwide. Founded in 1963 by
Professor Georg Nemetschek, the company focuses on innovations such as Open
Building Information Modeling (Open BIM) for the AEC market of tomorrow.
Publicly listed since 1999 and quoted on the TecDAX, the company achieved
according to preliminary figures, revenues of EUR 218.5 million and an
EBITDA of EUR 56.8 million in 2014.
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26.03.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Nemetschek AG
Konrad-Zuse-Platz 1
81829 München
Germany
Phone: +49 (0)89 92 793-0
Fax: +49 (0)89 927 93-5200
E-mail: investorrelations@nemetschek.com
Internet: www.nemetschek.com
ISIN: DE0006452907
WKN: 645290
Indices: TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of News DGAP News-Service
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337885 26.03.2015
Corporate News
Nemetschek AG plans conversion into Societas Europaea (SE)
- In keeping with the company's international alignment
Munich, March 26, 2015 - Executive and supervisory boards of Nemetschek AG
(ISIN 0006452907) will propose the conversion of Nemetschek AG into a
European Company (Societas Europaea - SE) to shareholders at the annual
general meeting on May 20, 2015. An SE is a public company according to EU
law.
The proposed conversion into an SE is a consistent step in the company's
development following the successful internationalization and growth of the
past few years. Today, the majority of staff (65%) is already employed
outside Germany. Nemetschek's conversion is in keeping with the Group's
global alignment and the requirements of an international and open
corporate culture.
The conversion will have no impact on the company structure. The legal and
entrepreneurial identity of the company will be retained. The dualist
system, comprising executive board and supervisory board, will continue and
the involvement of the shareholders will remain the same as it was before
the conversion. The financial reporting will also proceed as in the past.
Nemetschek's corporate headquarters will continue to be in Munich, Germany.
For further information on the company, please contact
Nemetschek Group
Stefanie Zimmermann
Investor Relations
+49 89 92793 1229
szimmermann@nemetschek.com
About the Nemetschek Group
The Nemetschek Group, Munich, is a globally leading software provider for
the AEC (Architecture, Engineering, Construction) industry. With its 13
brands, the Nemetschek Group now serves more than 1.8 million users in 142
countries from more than 40 locations worldwide. Founded in 1963 by
Professor Georg Nemetschek, the company focuses on innovations such as Open
Building Information Modeling (Open BIM) for the AEC market of tomorrow.
Publicly listed since 1999 and quoted on the TecDAX, the company achieved
according to preliminary figures, revenues of EUR 218.5 million and an
EBITDA of EUR 56.8 million in 2014.
---------------------------------------------------------------------
26.03.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Nemetschek AG
Konrad-Zuse-Platz 1
81829 München
Germany
Phone: +49 (0)89 92 793-0
Fax: +49 (0)89 927 93-5200
E-mail: investorrelations@nemetschek.com
Internet: www.nemetschek.com
ISIN: DE0006452907
WKN: 645290
Indices: TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of News DGAP News-Service
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337885 26.03.2015
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