FJA AG / AGM/EGM/AGM/EGM
29.07.2009
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Press release
FJA AG's Annual General Meeting approves merger agreement with COR AG
Financial Technologies
Munich, 29 July 2009 - At FJA AG's Annual General Meeting on Tuesday (28
July 2009), a large majority of the company's shareholders approved the
merger agreement between COR AG Financial Technologies (COR AG) and FJA AG
as per the amended draft agreement of 8 June 2009. The fact that COR AG's
annual general meeting likewise approved the merger agreement on the day
before (27 July 2009) means that a highly significant stage has been
reached on the way to the merger's entry in the commercial register. On 11
March 2009, FJA AG's Supervisory and Management Boards announced that COR
AG and FJA AG had agreed to strive for a merger of equals between the two
companies. Starting from the assumption that the newly merged company's
position on the German banking and insurance market would be excellent, the
merger's objectives are to expand that company's presence on foreign
markets and to increase its profitability by way of synergies.
The Annual General Meeting of FJA AG was again held in the
Hanns-Seidel-Stiftung in Munich this year and was attended by some 160
shareholders. Around 55 per cent of the company's nominal capital was
represented, and the individual resolutions on the agenda items were
adopted in line with the management's recommendations by majorities of over
90 per cent.
During the constituent Supervisory Board meeting that followed, Prof. Dr.
Elmar Helten, Starnberg, President of the Bayerische Finanz Zentrum,
Munich, was elected the new Chairman of the Supervisory Board. The
Supervisory Board's other members are Mr Klaus Kuhnle (Deputy Chairman of
the Supervisory Board), Dr. Klaus J. Weschenfelder, Prof. Dr. Christian
Hipp, Mr Thomas Nievergelt and Dr. Jens Seehusen.
About FJA:
FJA AG is a leading supplier of software and consulting for the insurance
industry and pensions market. Under its brand name FJA, the FJA Group
offers a broad range of standard software solutions to support insurance
companies and pension providers in all key areas and issues.
Alongside a strong market presence in Germany, FJA software is also used
for 26 countries on five different continents, including the USA and
Australia and a number of Eastern European countries. The company's latest
successes in expanding business abroad have included winning renowned
health and non-life insurers as customers for its US subsidiary.
Currently, the FJA Group employs about 500 people at its head office in
Munich, its German offices in Hamburg, Cologne and Stuttgart and its
subsidiaries in the US, Switzerland, Austria and Slovenia.
The company was founded in 1980 and has been listed on the Frankfurt Stock
Exchange since February 2000. FJA AG was included in the Prime Standard
index in January 2003.
For further information please contact:
Eva Hesse, FJA AG, Elsenheimerstr. 65, 80687 Munich,
Phone +49 (0)89 769 01 274, Telefax +49 (0)89 76 901 606, E-mail
eva.hesse@fja.com
Contact:
For further information please contact:
Dorothea Kurtz
FJA AG
ElsenheimerstraÃe 65
D-80687 München
Phone 089 769 01 7002
Telefax 089 769 88 13
email dorothea.kurtz@fja.com
DGAP 29.07.2009
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Language: English
Issuer: FJA AG
ElsenheimerstraÃe 65
80687 München
Deutschland
Phone: +49 (0)89 769 01-0
Fax: +49 (0)89 769 88-13
E-mail: investor.relations@fja.com
Internet: www.fja.com
ISIN: DE0005130108
WKN: 513010
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg
End of News DGAP News-Service
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DGAP-News: FJA AG:FJA AG's Annual General Meeting approves merger agreement with COR AG Financial Technologies
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