SNP SCHNEIDER-NEUREITHER & PARTNER SE
DGAP-News: SNP Schneider-Neureither & Partner SE / Key word(s): Legal Matter SNP | Corporate News SNP Schneider-Neureither & Partner Completes Legal Conversion Into a European Stock Corporation (SE) Heidelberg, Germany, December 7, 2017 - Effective immediately, SNP Schneider-Neureither & Partner operates as SNP Schneider-Neureither & Partner SE. With its entry into the German commercial registry on December 6, 2017, the announced change in corporate form from a stock corporation under German law (AG) to a European stock corporation (Societas Europaea/SE) was formally completed. The new legal form corresponds with the increasingly international orientation of the SNP Group and offers efficient structures to maintain the company's successful course of growth. The Annual General Meeting decided in favor of the conversion on May 31, 2017, after the presentation of a corresponding proposal by the Executive Board and the Supervisory Board. A Board of Directors with four members will represent the SE, replacing the two previous organs at the AG: the Executive Board and the Supervisory Board. Dr. Andreas Schneider-Neureither, who continues to hold the position of CEO at SNP, is Chairman of the Board of Directors. Dr. Michael Drill (until now, Chairman of the Supervisory Board), Gerhard Burkhardt (until now, Deputy Chairman of the Supervisory Board) and Rainer Zinow will continue to be part of upper management through their membership of the Board of Directors. As a previous member of the Executive Board of SNP AG, Henry Göttler was appointed Managing Director in his function as COO. The new legal form has no effect on the ownership structure, shareholders, contractual partners or customers. The same applies to trading on the stock exchange: Shares continue to be listed on the current exchanges. Heidelberg remains the headquarters of SNP SE.
About SNP SNP SE supports organizations in adapting their business models and using new technologies. SNP software and services make it easy to implement business or technical modifications to business applications. CrystalBridge(R) and Transformation Backbone(R) together with SAP(R) LT are the world's leading software suite for data transformations that automatically analyzes, implements and tracks changes to IT systems. As a result, they offer clear qualitative advantages, while significantly reducing the time and expense involved in transformation projects. The SNP Group has over 1,350 employees worldwide. The SNP Group employs over 1,350 people worldwide. It is headquartered in Heidelberg, Germany and generated EUR 81 million in revenue in 2016. SNP's customers are global corporations from all industries. SNP was founded in 1994 and has been publicly traded since 2000. As of August 2014, the company is listed on the Prime Standard segment of the Frankfurt Stock Exchange (ISIN DE0007203705). Since 2017, the company has operated as a European stock corporation (Societas Europaea/SE). Further information is available at www.snpgroup.com Investor Relations Contact:
Marcel Wiskow
07.12.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | SNP Schneider-Neureither & Partner SE |
| Dossenheimer Landstraße 100 | |
| 69121 Heidelberg | |
| Germany | |
| Phone: | +49 6221 6425 637 |
| Fax: | +49 6221 6425 470 |
| E-mail: | investor.relations@snpgroup.com |
| Internet: | www.snpgroup.com |
| ISIN: | DE0007203705 |
| WKN: | 720370 |
| Listed: | Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| End of News | DGAP News Service |
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