Friday, May 4, 2012

E.ON AG to transform into Societas Europaea

The resolution was approved by a large majority of shareholders at E.ON’s 2012 Annual Shareholders Meeting. Shareholders representing 99.67 percent of the company’s share capital voted for the transformation resolution proposed by the supervisory board and board of management.

The board of management and supervisory board had proposed this measure in order for the increasing internationalization of the company’s workforce, customers, and shareholders to be reflected in the form of its incorporation. Approximately half of E.ON’s employees, customers, and shareholders now reside in European countries other than Germany.

In addition, the new form of incorporation will make it possible to manage the company more efficiently, said E.ON....
E.ON AG to transform into Societas Europaea

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