30.05.2018 07:30:07
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DGAP-News: SYGNIS AG: SYGNIS AG proposes at AGM change of name to Expedeon AG
DGAP-News: SYGNIS AG / Key word(s): Miscellaneous PRESS RELEASE SYGNIS AG proposes at AGM change of name to Expedeon AG - SYGNIS AG and its subsidiaries will be fully integrated and operating as Expedeon AG, following shareholder approval at the Annual General Meeting on 5 July 2018 - Change of name reflects both, the development of the Company into a global brand in the genomics, proteomics and immunology markets as well as its successful execution of the 'Grow, Buy and Build strategy'
"In the past years, the Group has successfully grown through strategic, profitable acquisitions of companies with complementary products and technologies. The continuously growing product portfolio increases our market share, which is reflected in our strong revenue growth. The proposed Company name change is an important strategic step to support the strong umbrella brand Expedeon. Furthermore, the name change offers new perspectives for the Group to pursue through our 'Grow, Buy and Build-strategy' to establish a leading provider of solutions to address key challenges in molecular biology," said Dr. Heikki Lanckriet, CEO and CSO of SYGNIS AG. Subject to shareholder approval, the corporate name change follows the integration of the Company's acquired subsidiaries Innova Biosciences, Expedeon Holdings, and C.B.S. Scientific under the Expedeon brand and the recently completed acquisition of TGR Biosciences, as announced in March. As a fully integrated Company, Expedeon AG will continue to work towards expanding its market position with a broad commitment and a growing range of cutting-edge tools and customised services to further benefit the research community, worldwide. The combined product offering and the uniform, updated corporate identity is accessible via the website www.expedeon.com. For further information, please contact: SYGNIS AG MC Services AG (Investor Relations and International Media Relations)
About SYGNIS AG: www.sygnis.com ### This publication is intended for information only and constitutes neither an offer to sell nor an invitation to buy securities. Some statements included in this press release, relating neither to proven financial results nor other historical data, should be viewed as forward-looking, i.e. not definite. Such statements are mainly predictions of future results, trends, plans or goals. These statements should not be considered to be total guarantees since given their very nature they are subject to known and unknown risks and imponderability and can be affected by other factors as a consequence of which the actual results, plans and goals of SYGNIS AG may deviate greatly from the established conclusions or implied predictions contained in such statements. SYGNIS does not undertake to publicly update or revise these statements in the light of new information or future results or for any other reason. ### Additional features: Document: http://n.eqs.com/c/fncls.ssp?u=HSBABHNTIX Document title: Name_Eng
30.05.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | SYGNIS AG |
Waldhofer Str. 102 | |
69123 Heidelberg | |
Germany | |
Phone: | +49 (0) 6221 3540 125 |
Fax: | +49 (0) 6221 3540 127 |
E-mail: | investors@sygnis.com |
Internet: | www.sygnis.com |
ISIN: | DE000A1RFM03 |
WKN: | A1RFM0 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |
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690631 30.05.2018
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