- New ISIN DE000A40KY59; WKN A40KY5; Ticker AV2
- Conversion in shareholders‘ deposit accounts on 3 February 2025
- Greater transparency and more direct communication with shareholders expected
Mainz-Kastel, January 28, 2025 – Avemio AG (ISIN DE000A2LQ1P6, WKN A2LQ1P), a leading European system supplier of hardware and software for the professional film, broadcast, audio and video industry, will convert its share capital from bearer shares to registered shares on 3 February 2025. The new ISIN DE000A40KY59 (previously: DE000A2LQ1P6) and the new WKN A40KY5 (previously: A2LQ1P) will apply from 3 February 2025 after the close of trading. The new ticker symbol will be AV2. The Annual General Meeting of Avemio AG resolved the conversion on 29 August 2024.
Ralf P. Pfeffer, CEO of Avemio AG, explains: “The conversion to registered shares is an important step to strengthen the dialogue with our shareholders. We want to take advantage of the benefits of more direct communication and align ourselves even more closely with the needs and requirements of our investors in the future by means of a more transparent shareholder structure.”
Registered shares require the maintenance of a share register in which shareholders are entered, stating their name, date of birth and address as well as the number of shares they hold. Only those persons who are entered in the share register are considered shareholders. Consequently, only shareholders entered in the share register are entitled to attend and vote at Annual General Meetings. The entry in the share register is handled by the shareholders’ custodian banks. No further action by the shareholders is required.
The legal status of the shareholders entered in the share register will not be affected by the conversion to registered shares. Their shareholding in the Company remains unchanged. The right of shareholders to sell their shares or purchase shares will also not be restricted or impaired.
The shares will be converted from bearer shares to registered shares at a ratio of 1:1 and will be recorded in the new share register by CAPTRACE GmbH. In the coming days, the shareholders of Avemio AG will be informed by their custodian banks about the upcoming conversion of the bearer shares and the initial entry in the share register. The conversion on the deposit accounts will take place on the basis of the respective holdings of the securities account holders on the evening of 3 February 2025.
