H2APEX Group SCA
exceet Group SCA: Extraordinary General Meeting Adopts Change of Legal Form to Luxembourg Partnership Limited by Shares (SCA) and Redemption of Treasury Shares
exceet Group SCA Extraordinary General Meeting Adopts Change of Legal Form to Luxembourg Partnership Limited by Shares (SCA) and Redemption Grevenmacher, 23 January 2020 – The extraordinary general meeting of exceet Group S.A. (“Company”) today accepted the proposal of the Board of Directors and adopted the change of the legal form of the Company to a partnership limited by shares under the laws of Luxembourg (société en commandite par actions (SCA)). The general partner of the SCA is exceet Management S.à r.l., a limited liability company under the laws of Luxembourg (société à responsabilité limitée (S.à r.l.)), the shares in which are held indirectly by the founders of the Active Ownership Group (AOC) Florian Schuhbauer and Klaus Röhrig (50% each). Moreover, the shareholders adopted the immediate redemption of the 450,000 treasury shares to clean up the capital structure of the Company. The resolutions on the change of the legal form of the Company and the redemption of the treasury shares were taken unanimously. The presence in the general meeting amounted to 80.15 % of the voting shares. The reorganization initiated in 2019 is thereby concluded. In the legal form of an SCA the Company will in future pursue an opportunistic investment approach without a defined investment strategy. The voting result of the general meeting and the new articles of association of the Company are available on the Company’s webpage (www.exceet.com). Investor.relations@exceet.com exceet Group SCA ISIN: LU0472835155 About exceet End of Media Release Issuer: exceet Group SCA Key word(s): Enterprise
23.01.2020 Dissemination of a Press Release, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | exceet Group SCA |
17, rue de Flaxweiler | |
6776 Grevenmacher | |
Luxemburg | |
Phone: | +352 2838 4720 |
Fax: | +352 2838 4729 |
E-mail: | info@exceet.com |
Internet: | www.exceet.com |
ISIN: | LU0472835155, LU0472839819 |
WKN: | A0YF5P, A1BFHT |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 959407 |
End of News | DGAP Media |