Neckarsulm, 31 July 2020 – The Supervisory Board of Bechtle AG today approved the proposal submitted by the Executive Board to prepare a re-registration of the company under the corporate form of a Societas Europaea (SE), or European Company.
A change of corporate form is subject to approval by the shareholders. A resolution will be proposed to shareholders at the coming AGM on 15 June 2021.
Investors owning shares in Bechtle AG would automatically become shareholders of Bechtle SE upon the re-registration, retaining their fundamental rights as shareholders. A change of the corporate form is also unlikely to have an effect on customer and workforce relations. Bechtle AG is not planning to revise the twin structure of its Executive and Supervisory Boards. The company’s main office is to remain in Neckarsulm, Germany.