Wiesloch, September 22, 2017 – The change in corporate form of MLP Holding from a German stock corporation (AG) to a European stock corporation (Societas Europaea/SE) was completed and therefore became effective with entry into the Commercial Register yesterday.
This new legal status means that the Supervisory Board can permanently maintain its current size and composition. In addition to this, the SE form is more attractive for foreign investors.
The change of corporate form does not have any effects on shareholders. This also applies to trading on the stock exchange.
The change of corporate form was approved by the Annual General Meeting on June 29, 2017.