The Platform Group Completes Conversion to KGaA Structure, Enhancing International Flexibility

The conversion of The Platform Group AG into a German partnership limited by shares (Kommanditgesellschaft auf Aktien, KGaA) became effective today upon registration with the Commercial Register at the Local Court of Dusseldorf. The company now operates under the name The Platform Group SE & Co. KGaA, with all shareholders of the former AG becoming limited partners of the new entity. This structural change represents a significant corporate governance evolution for the software company, which operates across 26 industries with platform solutions serving both B2B and B2C customers.

The conversion's importance lies in its strategic implications for The Platform Group's long-term positioning in competitive European markets. By adopting the KGaA structure, the company enhances its international operational flexibility while ensuring a stable ownership structure. This legal form allows for clearer separation between management and shareholder roles, with The Platform Group Management SE serving as the general partner responsible for management and representation. The company emphasized that shareholders' economic positions remain unaffected, holding the same number of shares in the new structure as they did previously.

Parallel to the conversion, the company implemented several technical changes that will impact trading and shareholder communications. The bearer shares were converted into registered shares, supporting The Platform Group's objective of fostering active dialogue with shareholders. The securities identification numbers were technically updated, with shares expected to trade under the new WKN A40ZW8 and ISIN DE000A40ZW88 from January 2026 onward, while maintaining the "TPG" trading symbol. Shareholders do not need to take action as custodian banks will automatically implement these changes. Additional information about the company's operations and financial performance can be found at corporate.the-platform-group.com.

This corporate restructuring follows shareholder approval at the Annual General Meeting on August 25, 2025, where 99% of votes cast supported the conversion. The company had previously outlined the rationale for this change in an ad-hoc announcement dated May 30, 2025, emphasizing that the legal and economic identity of the company remains unchanged. For The Platform Group, which realized sales of EUR 525 million with an adjusted EBITDA of EUR 33 million in 2024 and operates from 19 locations across Europe, this structural enhancement comes at a time of continued expansion across diverse sectors including furniture retail, machinery retail, dental technology and luxury fashion.

The conversion to KGaA status represents more than a technical legal change—it signals The Platform Group's commitment to governance structures that support international growth while maintaining stability for existing stakeholders. In an increasingly competitive software platform market, such structural flexibility can provide operational advantages, particularly for companies operating across multiple European jurisdictions with varying regulatory requirements. The maintenance of shareholder positions without dilution ensures continuity for investors while the company pursues its strategic objectives through this enhanced corporate framework.