on The Platform Group AG (isin : DE000A2QEFA1)
The Platform Group AG Proposes Legal Transition to Enhance Growth
The Platform Group AG has initiated a voting process for its bondholders to approve the company's transition into a partnership limited by shares (KGaA). The move aims to strengthen the support and control from Benner Holding, the company's anchor shareholder. This transition is expected to bolster the company's buy-and-build strategy, support larger acquisitions, and facilitate international expansion.
Bondholders are required to cast their votes by 26 August 2025, with more than 50% already committed to supporting the proposal. A two-thirds majority is needed for approval. As an incentive, bondholders will receive a one-time payment of 0.25% of the nominal bond value upon successful approval.
All necessary documents are available on The Platform Group AG's investor relations page, and assistance can be sought from Bjoern Minnier, CFO, or Pareto Securities AS, Frankfurt Branch.
R. H.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all The Platform Group AG news