{"id":19519,"date":"2023-07-25T22:32:14","date_gmt":"2023-07-25T20:32:14","guid":{"rendered":"https:\/\/the-platform-group.com\/blog\/2023\/07\/25\/tpg-requests-a-general-meeting-at-fashionette-ag\/"},"modified":"2023-08-07T10:12:56","modified_gmt":"2023-08-07T08:12:56","slug":"tpg-requests-a-general-meeting-at-fashionette-ag","status":"publish","type":"post","link":"https:\/\/the-platform-group.com\/en\/blog\/2023\/07\/25\/tpg-requests-a-general-meeting-at-fashionette-ag\/","title":{"rendered":"TPG requests a general meeting at Fashionette AG"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"19519\" class=\"elementor elementor-19519 elementor-19354\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c516c17 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c516c17\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ecf99e7\" data-id=\"ecf99e7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0d382a9 elementor-widget elementor-widget-text-editor\" data-id=\"0d382a9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.13.2 - 11-05-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<h2><strong>Convening of an extraordinary general meeting with resolution on a capital increase of EUR 11,073,852.00 against contribution in kind of The Platform Group GmbH &amp; Co KG<\/strong><\/h2>\n<p>The Platform Group GmbH &amp; Co. KG, Wiesbaden, today sent a letter to fashionette AG (ISIN DE000A2QEFA1) requesting that a General Meeting be convened to resolve a capital increase of EUR 11,073,852.00 against a contribution in kind of the limited partner&#8217;s interest in The Platform Group, the renaming of the resulting company as &#8220;The Platform Group AG&#8221; and the creation of new authorized capital. The background to this are talks between fashionette AG and The Platform Group about a possible merger, which have so far taken place on a non-binding basis.<\/p>\n<p>According to information from fashionette AG, an Annual General Meeting is planned for 6 September 2023.<\/p>\n<p>The volume of the proposed capital increase of fashionette AG corresponds to the value ratio of fashionette and the platform group of EUR 87,141,000 to EUR 155,643,000 or 1: approx. 1.7861, as determined on the basis of an expert opinion by Russler GmbH, Wiesbaden. The merged company will have a shared capital of EUR 17,273,852.00. For the complete AdHoc announcement, it is referred to the published AdHoc announcement of fashionette AG dated 25.07.2023.<\/p>\n<p>Dr. Dominik Benner currently holds indirectly (via The Platform Group GmbH &amp; Co. KG) around 43.76% of the shares in fashionette AG and 100% of the limited partner&#8217;s shares in The Platform Group GmbH &amp; Co. KG and in its general partner, Benner Holding GmbH, Wiesbaden. As the statutory subscription right of the other shareholders is excluded in the proposed capital increase against contributions in kind, Dr. Dominik Benner will hold an approximate 79.8146% (indirect) interest in the Company after its implementation.<\/p>\n<p>There are no plans to exclude minority shareholders (squeeze-out) of fashionette AG or to withdraw fashionette AG from the stock exchange. Rather, the joint emerging group should be active on the capital market and gain relevance through its joint size.<\/p>\n<\/p>\n<p>The platform group is active with 17 industry platforms in several EU countries, with a focus on both B2B platforms (e.g. machinery trade and dental technology) and B2C platforms (including fashion, furniture, shoes, car parts). In 2023, a turnover of 273 million euros with an EBITDA of 19 million euros is expected. The Group is headquartered in Wiesbaden, Germany.<\/p>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Convening of an extraordinary general meeting with resolution on a capital increase of EUR 11,073,852.00 against contribution in kind of The Platform Group GmbH &amp; Co KG The Platform Group GmbH &amp; Co. KG, Wiesbaden, today sent a letter to fashionette AG (ISIN DE000A2QEFA1) requesting that a General Meeting be convened to resolve a capital [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":19357,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[13],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>TPG requests a general meeting at Fashionette AG - The Platform Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/the-platform-group.com\/en\/blog\/2023\/07\/25\/tpg-requests-a-general-meeting-at-fashionette-ag\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TPG requests a general meeting at Fashionette AG - The Platform Group\" \/>\n<meta property=\"og:description\" content=\"Convening of an extraordinary general meeting with resolution on a capital increase of EUR 11,073,852.00 against contribution in kind of The Platform Group GmbH &amp; Co KG The Platform Group GmbH &amp; Co. KG, Wiesbaden, today sent a letter to fashionette AG (ISIN DE000A2QEFA1) requesting that a General Meeting be convened to resolve a capital [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/the-platform-group.com\/en\/blog\/2023\/07\/25\/tpg-requests-a-general-meeting-at-fashionette-ag\/\" \/>\n<meta property=\"og:site_name\" content=\"The Platform Group\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-25T20:32:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-07T08:12:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/the-platform-group.com\/wp-content\/uploads\/2023\/07\/fashionette_packaging\u00a9fashionette-AG-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1380\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"christoph\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"christoph\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/the-platform-group.com\/en\/blog\/2023\/07\/25\/tpg-requests-a-general-meeting-at-fashionette-ag\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/the-platform-group.com\/en\/blog\/2023\/07\/25\/tpg-requests-a-general-meeting-at-fashionette-ag\/\"},\"author\":{\"name\":\"christoph\",\"@id\":\"https:\/\/the-platform-group.com\/#\/schema\/person\/679be1ecb652bb1f67ea418699b9c14d\"},\"headline\":\"TPG requests a general meeting at Fashionette AG\",\"datePublished\":\"2023-07-25T20:32:14+00:00\",\"dateModified\":\"2023-08-07T08:12:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/the-platform-group.com\/en\/blog\/2023\/07\/25\/tpg-requests-a-general-meeting-at-fashionette-ag\/\"},\"wordCount\":386,\"publisher\":{\"@id\":\"https:\/\/the-platform-group.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/the-platform-group.com\/en\/blog\/2023\/07\/25\/tpg-requests-a-general-meeting-at-fashionette-ag\/\",\"url\":\"https:\/\/the-platform-group.com\/en\/blog\/2023\/07\/25\/tpg-requests-a-general-meeting-at-fashionette-ag\/\",\"name\":\"TPG requests a general meeting at Fashionette AG - 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