Extraordinary general meeting in 2013: shareholders give green light to amendments to articles of association

At today’s extraordinary general meeting, over 90 percent of Ströer AG’s shareholders approved the amendments to the company’s articles of association as proposed by the Supervisory Board and the Board of Management. The two items on the agenda addressed the company’s name change from Ströer Out-of-Home Media AG to Ströer Media AG, and the clarification of the nature and purpose of the company as detailed in its articles of association.

Shareholders and representatives controlling more than EUR 34 million of Ströer AG’s share capital were present at the extraordinary general meeting – this figure corresponds to approximately 81,5 percent of the company’s share capital. The results of the votes at the extraordinary general meeting are available on www.stroeer.de.

“The planned acquisition of adscale and Ströer Interactive Group in the second quarter of 2013, will add an attractive and high-growth element to Ströer’s online marketing range. We will change our name to Ströer Media AG so it clearly reflects this portfolio enhancement. The fact that our shareholders support this move was visible at our extraordinary general meeting today, and it is something that we are very pleased with,” said Udo Müller, CEO of Ströer Media AG.

The amendments to the articles of association approved at the extraordinary general meeting will come into effect when recorded in the commercial register.