AWD Holding AG
- ISIN DE0005085906
- Country Germany
Company profile
With 6,009 financial advisers and 429,100 advised customers, the AWD Group is one of Europe’s leading financial advisers. AWD has a holistic and lifetime approach to advisory services. AWD does not offer any products of its own, but can select from a broad product portfolio of leading European producers.
The core markets of the AWD Group are Germany, the United Kingdom, Austria and Switzerland. AWD is also active in Central and Eastern Europe – markets with potential for the future. AWD’s advisory focus is on assisting customers with long-term asset formation and retirement planning; these products account for approximately 80% of total revenues.
AWD concentrates on providing advice to private households in the medium to high income brackets. The AWD Group generates revenues in the form of up front commission and recurring commission, which it receives from its product partners.
More than 95 % of AWD´s shares are held by Swiss Life Group via Swiss Life Beteiligungs GmbH. The squeeze-out request by Swiss Life Beteiligungs GmbH and the profit-transfer agreement between AWD Holding AG and Swiss Life Beteiligungs GmbH were the most important items on the agenda of the Extraordinary General Meeting of AWD Holding AG held in Hanover on 24 February 2009. Both proposed resolutions were passed with large majorities. Following conclusions of the squeeze-out procedure, the stock-exchange listing of AWD Holding AG is to be discontinued. In this case, the shareholders will receive a planned cash compensation of €30 per share.
The core markets of the AWD Group are Germany, the United Kingdom, Austria and Switzerland. AWD is also active in Central and Eastern Europe – markets with potential for the future. AWD’s advisory focus is on assisting customers with long-term asset formation and retirement planning; these products account for approximately 80% of total revenues.
AWD concentrates on providing advice to private households in the medium to high income brackets. The AWD Group generates revenues in the form of up front commission and recurring commission, which it receives from its product partners.
More than 95 % of AWD´s shares are held by Swiss Life Group via Swiss Life Beteiligungs GmbH. The squeeze-out request by Swiss Life Beteiligungs GmbH and the profit-transfer agreement between AWD Holding AG and Swiss Life Beteiligungs GmbH were the most important items on the agenda of the Extraordinary General Meeting of AWD Holding AG held in Hanover on 24 February 2009. Both proposed resolutions were passed with large majorities. Following conclusions of the squeeze-out procedure, the stock-exchange listing of AWD Holding AG is to be discontinued. In this case, the shareholders will receive a planned cash compensation of €30 per share.