OPEN Business Club AG will be known as XING AG: AGM decides on a change of company name
• AGM approves all proposed resolutions
Hamburg, June 13, 2007. The first OPEN Business AG Annual General Meeting was a success for the company and shareholders alike. Shareholders supported changing the name of the company to XING AG by a large majority: over 99.9 percent supported the proposal.
All other proposed resolutions for the first AGM following the IPO were approved with near unanimity. Shareholders assembled at the Exhibition Hall Convention Center in Hamburg Schnelsen voted to formally approve the actions of the Executive Board and Supervisory Board with a clear majority. Dr. Neil Sunderland, Chairman of the Supervisory Board, presided over the meeting. Resolutions were decided upon by a total of 3.081.561 shares, accounting for € 3.081.561 of the company’s share capital. This amounts to 59,24 percent of the share capital.
Cautionary note regarding forward-looking statements
This press release notice contains forward-looking statements concerning OPEN Business Club AG, its subsidiaries and affiliated companies as well as economic and political conditions that could influence the business development of OPEN Business Club AG.
Forward-looking statements are based on the current views, expectations and assumptions of the management of OPEN Business Club AG and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. OPEN Business Club AG therefore does not assume any responsibility for such risks, and makes no guarantee as to the accuracy and completeness of the assumptions and estimates upon which the forward-looking statements are based, nor does the Company or its bodies ensure the correctness of the statements contained in this press release.
XING makes your professional network an active part of your life. Far more than a directory of business contacts, XING enables its members to discover professional people, opportunities and privileges through its unique discovery capability and advanced contact management tools.
With the successful IPO of XING in December 2006 as the first Web 2.0 company to go public, OPEN Business Club AG has had a long-term impact on the social networking trend amongst professionals. By focusing on the target group “business people worldwide”, the company is able to offer tailored features, thereby making networking and contact management simpler. Besides Headquarters in Hamburg, XING AG is represented by offices in Barcelona (eConozco), Peking and Zurich.
XING. Powering Relationships.
VP Corporate Communications
Phone +49 40 419131-19
Fax +49 40 419131-11
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release OPEN Business Club AG will be known as XING AG: AGM decides on a change of company name here
News-ID: 22200 • Views: 1975
More Releases from OPEN Business Club AG (XING)
OPEN Business Club AG acquires Neurona, the Spanish market leader for online bus …
OPEN Business Club AG takes over largest contact network in Spain and Latin America with over 835,000 members • Clear market leadership in Spain – strategically important market share secured over international competitors Hamburg, June 22, 2007 – OPEN Business Club AG (International Securities Identification Number: DE000XNG8888), operator of XING – one of the foremost networks for business professionals – has acquired a 100% interest in Neurona (www.neurona.com), the largest
XING and ZoomInfo bring together Business Networking and Business Information Se …
XING users now have immediate access to nearly 36 million people and 3.8 million companies New York, USA and Hamburg, Germany – June 14th, 2007 – OPEN Business Club AG (ISIN: DE000XNG8888), operator of the international networking platform XING (www.xing.com), today announced a comprehensive partnership with Zoom Information Inc. (www.ZoomInfo.com), a business information search engine that indexes the Business Web to quickly find information about industries, companies and people. The partnership
Putting a face to the job: XING 'Marketplace' launches with thousands of job lis …
XING Marketplace matches jobs and the people behind the jobs • The new feature is available to all registered XING members • Thousands of job offers online after only a three-week testing phase • First marketplace to automatically deliver job suggestions and recommendations Hamburg, May 24, 2007 – XING, an online business platform that is revolutionizing the way business is being done, today launched an automated job marketplace. With this new service, XING
XING Marketplace on its way
XING launches private beta test phase for online marketplace with “Jobs” category - Members can recommend job openings to others - Plans to include service and real estate postings - Limited number of beta testers to be invited Hamburg, May 11, 2007 – OPEN Business Club AG has launched a limited beta test of its new product “Marketplace” on which members can post offers to the XING community. The initial Marketplace launch will incorporate
More Releases for XING
XING continues growth course
* 70% increase in EBITDA in Q1 * Two thirds of growth generated by new sources of revenue * Strongest member growth in German-speaking countries since Q1 2009 Hamburg, May 10, 2011 – In the first quarter of 2011, XING AG successfully continued the growth course set during the 2010 financial year. The market leader in German-speaking countries reported an EBITDA of €5.6 million during Q1 2011, which represents an increase of 70%
XING AG expands its management
Hamburg, July 24, 2009 – XING AG (ISIN DE000XNG888) is expanding its management team. The Supervisory Board has appointed Dr. Helmut Becker to the Executive Board as of September 15, 2009. He shall join the Executive Board in the newly created position of Chief Marketing and Sales Officer, fusing together the reporting lines of marketing and sales at XING AG. Dr. Becker most recently held the post of Senior Director of
XING AG continues profitable growth
• New development strategy leads to an accelerated tempo of innovation • XING opens up to third parties • Number of employees increased by 89 percent to prepare for growth • New CFO of XING starting July 1: Ingo Chu Hamburg, May 14, 2009 – In the first three months of this year, the business network run by Hamburg-based XING AG, listed on the Frankfurt Stock Exchange, gained 51 thousand new paying members. 601 thousand XING members
XING AG purchases socialmedian Inc.
Transaction enables a technological jump on integrating business news into Europe's leading business network - Socialmedian CEO Jason Goldberg joins XING in Hamburg, Germany in the newly created position of Vice President XING Applications Platform - The company will launch integrated products in 2009 Hamburg / New York, December 19, 2008. The publicly listed XING AG (O1BC / ISIN DE000XNG888) announces today it has purchased New York-based socialmedian Inc., a leading innovator
XING totals four million members
Growth of acquired Spanish networks accelerates appreciably - New XING functions are used by members intensively - Current XING survey once again confirms benefits for members Hamburg, September 10, 2007 – XING AG, operator of the international business and career network XING (www.xing.com) and the Spanish platforms eConozco (www.econozco.com) and Neurona (www.neurona.com) has exceeded the four-million-member mark as of the beginning of September 2007. The Spanish networks Neurona (with over one million members
XING Powers Mobile Business Networking
Contacts, messages, and jobs available at the click of a mouse • Complete relaunch of the XING Mobile portal • Supports all mobile providers and all mobile phones, including: the iPhone, PDAs, and Blackberrys Hamburg, August 30, 2007 – XING (www.xing.com) has been at the forefront of mobile business networking since launching its Mobile service in 2005. The new XING Mobile service is now even faster and easier to navigate, and includes