NEON EQUI­TY AG beco­mes DN Deut­sche Nach­hal­tig­keit AG / Extra­or­di­na­ry Gene­ral Mee­ting appro­ves chan­ge of name and acqui­si­ti­on of 88% of First Move! AG

• Con­tri­bu­ti­on of 88% of the shares in First Move! AG as part of a capi­tal increase against a con­tri­bu­ti­on in kind
• Ent­ry as an impact inves­tor in the future mar­ket of envi­ron­men­tal­ly fri­end­ly par­king and par­king gara­ge tech­no­lo­gy

Frank­furt am Main, Novem­ber 1, 2024 - The share­hol­ders of NEON EQUI­TY AG (“NEON EQUI­TY”, ISIN DE000A3DW408) appro­ved all items on the agen­da at yes­ter­day’s Extra­or­di­na­ry Gene­ral Mee­ting with a lar­ge majo­ri­ty of more than 97 per­cent. One of the reso­lu­ti­ons was to chan­ge the name of NEON EQUI­TY to ​“DN Deut­sche Nach­hal­tig­keit AG”. This reflects the com­pany’s stra­te­gic focus as a pure play impact inves­tor.

A capi­tal increase against con­tri­bu­ti­ons in kind was also resol­ved, exclu­ding sta­tu­to­ry sub­scrip­ti­on rights. SP1 Equi­ty GmbH was aut­ho­ri­zed to acqui­re the new shares. In return, it will con­tri­bu­te its 88% sta­ke in the par­king and par­king gara­ge tech­no­lo­gy com­pa­ny First Move! AG (“First Move”) as a con­tri­bu­ti­on in kind. The non-cash capi­tal increase is to be car­ri­ed out in return for the gran­ting of 30,000,000 new NEON EQUI­TY shares to SP 1 Equi­ty GmbH. SP1 Equi­ty GmbH curr­ent­ly alre­a­dy holds a sta­ke of more than 25% in NEON EQUI­TY and is expec­ted to hold more than 50% of the shares once the tran­sac­tion has been imple­men­ted. With the acqui­si­ti­on of First Move, the future DN Deut­sche Nach­hal­tig­keit streng­thens its posi­ti­on as a lea­ding play­er in the future mar­ket of auto­ma­ted par­king.

First Move has a paten­ted par­king and par­king gara­ge tech­no­lo­gy that achie­ves an increase in par­king space pro­duc­ti­vi­ty of over 100% com­pared to a con­ven­tio­nal par­king gara­ge. The solu­ti­on - which is also sui­ta­ble for retro­fit­ting - signi­fi­cant­ly redu­ces pol­lutant emis­si­ons and space requi­re­ments and also signi­fi­cant­ly increa­ses the capa­ci­ty for char­ging elec­tric vehic­les. The inno­va­ti­ve tech­no­lo­gy the­r­e­fo­re makes a decisi­ve con­tri­bu­ti­on to an impro­ved envi­ron­ment with a signi­fi­cant reduc­tion in CO2 emis­si­ons in city cen­ters. Thanks to the effi­ci­ent and space-saving First Move tech­no­lo­gy, fewer are­as need to be sea­led, for exam­p­le. With its par­king gara­ge tech­no­lo­gy, First Move also pro­mo­tes the expan­si­on of the char­ging sta­ti­on infra­struc­tu­re for elec­tric vehic­les.

Ole Nix­dorff, CEO of NEON EQUI­TY: ​“At the Extra­or­di­na­ry Gene­ral Mee­ting, important foun­da­ti­ons were laid for the fur­ther growth of our com­pa­ny. Our clear focus on sus­tainable invest­ments is reflec­ted both in the new name and in the acqui­si­ti­on of First Move. Envi­ron­men­tal­ly fri­end­ly par­king and cor­re­spon­ding par­king gara­ge tech­no­lo­gy are a rapidly gro­wing mar­ket of the future, as inno­va­ti­ve mobi­li­ty solu­ti­ons are essen­ti­al for the ener­gy tran­si­ti­on. In the coming quar­ters, we will expand our port­fo­lio even fur­ther in such growth mar­kets with a posi­ti­ve impact on the envi­ron­ment and socie­ty.”