Avemio AG Transitions to Registered Shares

Avemio AG, a prominent European supplier of hardware and software for the film, broadcast, audio, and video industries, announced its decision to switch from bearer shares to registered shares on 3 February 2025. This transition aims to enhance transparency and facilitate direct communication with shareholders. The conversion was approved at the Annual General Meeting on 29 August 2024.

The new ISIN for the shares will be DE000A40KY59 with a ticker symbol of AV2, reflecting these changes in shareholder deposit accounts. Avemio's CEO, Ralf P. Pfeffer, expressed that this move is crucial for aligning the company more closely with investor needs through a transparent shareholder structure.

Registered shares will necessitate a share register, cataloging the names, birth dates, and addresses of shareholders. Only those listed can vote at meetings. The conversion will occur at a 1:1 ratio, ensuring no impact on the shareholder's legal status or rights. More details are available on Avemio's website.