Jena, 10 October 2016 – The Management Board and the Supervisory Board of Intershop Communications AG which was newly composed as of mid-2016, today resolved the strategic plan “Lighthouse 2020” and specified the company’s strategic targets in order to make Intershop fit for the future. The related restructuring measures and the lacking growth momentum in the year to date have prompted the company to adjust its annual forecast.
Intershop Communications AG Supervisory Board members Dr. Herbert May and Dr. Kai Hudetz today informed the company that they will resign from office at the end of the ordinary Annual General Meeting on 2 June 2016.
The Intershop Communications AG (ISIN: DE000A0EPUH1) has gained a new major shareholder. As became known today, eBay Enterprise Inc. (formerly GSI Commerce Solutions Inc.) has sold its stake in the amount of 24.9 percent in Intershop Communications AG.
Intershop Communications AG has successfully completed the capital increase from authorised capital of up to 1,500,000 new shares with existing shareholders’ subscription rights being excluded as per the decision taken yesterday.
Intershop Communications AG (ISIN: DE000A0EPUH1) has signed a major contract with a long-standing strategic customer. The contract in a low single digit million euro amount essentially comprises revenues from the sale of licences of the Intershop Commerce Suite, which are booked immediately. Intershop has therefore upgraded its revenue and earnings forecast for the financial year 2015.
Intershop Communications AG, the leading independent provider of innovative solutions for omni-channel commerce, announced that the Federal State of Thuringia has committed to issue a guaranty that will serve as the main collateral for a EUR 6 million loan from Sparkasse Jena-Saale-Holzland yet to be raised.