DGAP-News: AIXTRON AG / Key word(s): Legal Matter/Strategic Company
Decision
AIXTRON completes conversion into a European Company (SE) / Conversion
as a commitment to the international orientation of the Company
22.12.2010 / 12:29
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AIXTRON completes conversion into a European Company (SE)
Conversion as a commitment to the international orientation of the Company
Aachen/Germany, December 22, 2010 - AIXTRON SE (FSE: AIX; NASDAQ: AIXG)
today confirmed the completion of the company's conversion into a European
Company. With today's entry into the commercial register of the Aachen
municipal court, AIXTRON Aktiengesellschaft will in future operate and
report as AIXTRON SE.
An SE legal entity is a public limited-liability company under European
law. The supranational legal form reflects AIXTRON's European and
international orientation and is a natural step in respect of AIXTRON's
global operations and business development. Nearly half of AIXTRON's
employees work abroad and more than 90 per cent of the company's revenues
are generated outside Germany.
The conversion was approved by a large majority of shareholders at the
Annual General Meeting in 2010. More than 94 per cent of the represented
share capital approved the Executive and Supervisory Board's proposal of
converting AIXTRON AG into an SE.
Negotiations with the employee representatives concerning the future
employee participation in AIXTRON SE were conducted in a very professional
manner and were successfully concluded within the statutory period of six
months.
The Company's headquarters will remain in Herzogenrath in the Aachen
region. The two-tier system consisting of a Supervisory Board and an
Executive Board will remain in effect as well. All current members of the
Supervisory and Executive Board will retain their original functions in the
corresponding boards in the SE. Further changes within the AIXTRON Group in
conjunction to the conversion are not planned. The shareholders of AIXTRON
AG will automatically become shareholders of AIXTRON SE and their
shareholders' rights will not be affected by the conversion. There are also
no changes to the manner or content of financial reporting as a result of
the conversion to SE.
For further information on AIXTRON AG (FSE: AIXA, ISIN DE000A0WMPJ6;
NASDAQ: AIXG, ISIN US0096061041) please consult our website at:
www.aixtron.com.
Forward-Looking Statements
This document may contain forward-looking statements regarding the
business, results of operations, financial condition and earnings outlook
of AIXTRON within the meaning of the safe harbor provisions of the US
Private Securities Litigation Reform Act of 1995. These statements may be
identified by words such as 'may', 'will', 'expect', 'anticipate',
'contemplate', 'intend', 'plan', 'believe', 'continue' and 'estimate' and
variations of such words or similar expressions. These forward-looking
statements are based on our current views and assumptions and are subject
to risks and uncertainties. You should not place undue reliance on these
forward-looking statements. Actual results and trends may differ materially
from those reflected in our forward-looking statements. This could result
from a variety of factors, such as actual customer orders received by
AIXTRON, the level of demand for deposition technology in the market, the
timing of final acceptance of products by customers, the condition of
financial markets and access to financing for AIXTRON, general conditions
in the market for deposition plants and macroeconomic conditions,
cancellations, rescheduling or delays in product shipments, production
capacity constraints, extended sales and qualification cycles, difficulties
in the production process, the general development in the semi-conductor
industry, increased competition, fluctuations in exchange rates,
availability of public funding, fluctuations and/or changes in interest
rates, delays in developing and marketing new products, a deterioration of
the general economic situation and any other factors discussed in any
reports or other announcements field by AIXTRON with the U.S. Securities
and Exchange Commission. Any forward-looking statements contained in this
document are based on current expectations and projections of the executive
board and on information currently available to it and are made as at the
date hereof. AIXTRON undertakes no obligation to revise or update any
forward-looking statements as a result of new information, future events or
otherwise, unless expressly required to do so by law.
Contact:
Investor Relations and Corporate Communications
AIXTRON AG, Kaiserstr. 98, 52134 Herzogenrath, Germany
Phone: +49 241 8909 444, Fax: +49 241 8909 445, invest@aixtron.com
www.aixtron.com
End of Corporate News
22.12.2010 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Language: English
Company: AIXTRON AG
Kaiserstr. 98
52134 Herzogenrath
Deutschland
Phone: +49 (241) 8909-444
Fax: +49 (241) 8909-445
E-mail: invest@aixtron.com
Internet: www.aixtron.com
ISIN: DE000A0WMPJ6, US0096061041
WKN: A0WMPJ
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart;
Terminbörse EUREX
End of News DGAP News-Service
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106897 22.12.2010
DGAP-News: AIXTRON completes conversion into a European Company (SE) / Conversion as a commitment to the international orientation of the Company
| Source: EQS Group AG