Nemetschek completes conversion into Societas Europaea (SE)

Wed, 23 Mar 2016 08:54:46 DGAP-News: Nemetschek completes conversion into Societas Europaea (SE)

DGAP-News: Nemetschek SE / Key word(s): Miscellaneous

2016-03-23 / 08:54
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Corporate News

Nemetschek completes conversion into Societas Europaea (SE)

- New legal form reflects international alignment of the building software specialist

Munich, March 23, 2016 - The conversion of Nemetschek AG (ISIN DE0006452907) into a Societas Europaea (SE) has been completed. The new legal form went into effect with its entry in Commercial Register on March 22, 2016. Thus, the resolution of the annual general meeting of
May 20, 2015 has been implemented.

The SE underscores the clear international market alignment of the company. About 65% of employees now work outside of Germany, a clear majority, and approximately 65% of the Group's revenue is generated abroad. The conversion into an SE is in keeping with the Group's global alignment and the requirements of an international and open corporate culture.

Nemetschek SE will continue to use a dualist system consisting of an executive board and a supervisory board. The rights of the shareholders are unaffected by the conversion. Company headquarters remain in Munich.

For further information on the company, please contact:

Nemetschek Group
Stefanie Zimmermann
Investor Relations
+49 89 92793 1229

About the Nemetschek Group
The Nemetschek Group, Munich, is a globally leading software provider for the AEC (Architecture, Engineering, Construction) industry. With its 12 brands, the Nemetschek Group now serves around 2.1 million users in 142 countries from more than 50 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 a preliminary revenue amounting to EUR 285.3 million and a preliminary EBITDA of EUR 69.5 million in 2015.

2016-03-23 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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