KlickOwn AG becomes PlanetHome Investment AG

Berlin, 22 December 2021 – At today’s Annual General Meeting of KlickOwn AG (ISIN DE000A1A60A2 and DE000A1A60B0), the shareholders approved all proposed resolutions with a clear majority, with the exception of the agenda items on conditional capital. In future, the company will trade under the name PlanetHome Investment AG. At the same time, it was decided to move the registered office to Berlin.

With the change of name, the company not only aims to open up its product range to customers of PlanetHome Group GmbH, but also expects considerable sales potential due to the significant increase in brand awareness. With a stake of 15% in the capital of KlickOwn AG since mid-October 2021, the PlanetHome Group is already one of the major shareholders and has secured an option on further shares.

Also against this background, Mr Dieter John, Chairman of the Management Board of PlanetHome Group GmbH, was elected Deputy Chairman of the Supervisory Board. This is completed by the Managing Director of Deutsche Wohnen Corporate Real Estate GmbH, Mr Hans-Peter Hesse. Einar Skjerven was elected Chairman of the Supervisory Board.

Other resolutions proposed by the administration were also adopted with clear majorities. For example, the annual general meeting approved new authorised capital, thus creating an essential basis for future corporate growth. PlanetHome Investment AG now has various options for a period of up to 5 years to carry out capital measures and enter into investments. Further resolutions were aimed in particular at simplifying and modernising various contents of the Articles of Association.

The Supervisory Board, represented by Einar Skjerven, thanked the team in his speech for the successful work in the current year, which in connection with the PlanetHome Group now enables a considerable growth potential. Einar Skjerven noted with regret that Marion Rahn had resigned from the board at very short notice for acute health reasons and wished her much strength for the time of recovery on behalf of the supervisory board.

Nikolai von Imhof, CEO of KlickOwn AG, reported on the various measures taken to develop the current group of companies since iFunded was founded in 2015, the reverse takeover that took place and the change of name to PlanetHome Investment AG that has now been decided. The aim now is to leverage the synergies that result in particular from the large network of the PlanetHome Group.