PSI Software AG PSI Software AG Plans Change of Legal Form

TIDM0KUR

PSI Software AG

27 April 2022

 
PSI Software AG / Key word(s): Miscellaneous 
 PSI Software AG Plans Change of Legal Form to European Stock Corporation (Societas Europaeas, 
 SE) with Dualistic Management System 
 
 27.04.2022 / 16:59 
 The issuer is solely responsible for the content of this announcement. 
 
 PSI Software AG Plans Change of Legal Form to European Stock Corporation (Societas Europaeas, 
 SE) with Dualistic Management System 
 
 Berlin, April 27, 2022 - The Executive Board and Supervisory Board of PSI Software AG resolved 
 on April 25, 2022 to prepare the conversion of the company into a European stock corporation 
 (Societas Europaea, SE) with the name PSI Software SE by way of a change of legal form in 
 accordance with Art. 2 para. 4 in conjunction with Art. 37 of Council Regulation (EC) No. 
 2157/2001 of October 8, 2011 on the Statute for a European stock corporation. The dualistic 
 management system, consisting of an Executive Board as the management body and a Supervisory 
 Board as the supervisory body, shall also continue under the SE legal form. The responsibilities 
 and composition of the Executive Board and Supervisory Board will remain unaffected by the 
 new structure. The registered office of the Company is to remain in Berlin. 
 
 The conversion into the legal form of an SE requires, among other things, that the Annual 
 General Meeting of PSI Software AG approves the conversion plan and the Articles of Association 
 of the future PSI Software SE contained therein. Corresponding resolution proposals are to 
 be submitted for approval at the latest at the Annual General Meeting in May 2023. The effectiveness 
 of the conversion into the legal form of an SE also requires that the procedure for the agreement 
 on the involvement of the employees in the future PSI Software SE is completed or terminated 
 prior to registration. According to current planning, the employee involvement procedure is 
 expected to be initiated in May 2022. 
 As a result of the SE Transformation, the legal position of the shareholders of PSI Software 
 AG remains fundamentally unaffected. They will hold the same number of no-par value shares 
 in PSI Software SE. In addition, the stock exchange trading of the shares will not be affected 
 by the SE conversion, so that the shares of the future PSI Software SE will continue to bear 
 the previous ISIN DE000A0Z1JH9 and WKN A0Z1JH. 
 The PSI Group develops its own software products for optimizing the flow of energy and materials 
 for utilities (energy grids, energy trading, public transport) and industry (metals production, 
 automotive, mechanical engineering, logistics). The industry-specific products, which are 
 built from standard components, are sold both directly and via the multi-cloud PSI App Store 
 and can also be customized by customers and partners themselves. PSI was founded in 1969 and 
 employs more than 2,200 people worldwide. www.psi.de 
 
 Contact: 
 PSI Software AG 
 Karsten Pierschke 
 Head of Investor Relations and 
 Corporate Communication 
 Dircksenstraße 42-44 
 10178 Berlin 
 Germany 
 Tel. [phone] 
 Fax [phone] 
 Email: [e-mail] 
 
 
 27.04.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group 
 AG. 
 The issuer is solely responsible for the content of this announcement. 
 
 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News 
 and Press Releases. 
 Archive at www.dgap.de 
 
 
Language:      English 
Company:       PSI Software AG 
               Dircksenstraße 42-44 
               10178 Berlin 
               Germany 
Phone:         [phone] 
Fax:           [phone] 
E-mail:        [e-mail] 
Internet:      www.psi.de 
ISIN:          DE000A0Z1JH9 
WKN:           A0Z1JH 
Listed:        Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
                Hamburg, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:   1337031 
 
 
 
 
 
 
End of News  DGAP News Service 
 
 
 
 

1337031 27.04.2022

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April 27, 2022 11:44 ET (15:44 GMT)