ESOTIQ & Henderson S.A. (WSE:EAH) agreed to spin-off the fashion segment on May 5, 2016. The segment will be transferred to a newly established acquiring company and all current shareholders of Esotiq & Henderson will receive newly issued shares of the acquiring company, equal to the number of Esotiq & Henderson shares already held. ESOTIQ & Henderson S.A. plans to list the new acquiring company on NewConnect Stock Exchange. In February 2017, the transaction received approval from the shareholders of ESOTIQ & Henderson.