Global Graphics has confirmed a name change to Hybrid Software following the general meeting, during which the special resolution was unanimously passed without amendment. The change of name has been accepted by the Registrar of Companies for England and Wales.
The company remains a UK company with its shares listed on Euronext Brussels. It is expected that Euronext will make the change of name effective from the start of trading on 20 October 2021 and that the company’s stock symbol will be changed from GLOG to HYSG. There will be no other changes to the listed shares.
Chairman, Guido Van der Schueren, commented: ‘I have felt for some time that the name ‘Global Graphics’ no longer described the group’s mission, especially to the investor community. With the acquisition of Hybrid Software earlier this year, it was clear that we needed a name that reflects the real nature of our business: enterprise software combined with printhead electronics for digital printing applications. I’m very pleased with the strong support we have received for this rebranding.’
Mike Rottenborn, CEO of the company, added: ‘The four operating companies in the group – Global Graphics Software, Hybrid Software, Meteor Inkjet and Xitron – operate under their brands which are well established in the market, but it’s important that investors and customers see them as part of a larger group with a complete solution for industrial inkjet manufacturing. Rebranding the company as Hybrid Software Group is an important step in the positioning of our company, and I look forward to promoting the new brand.’