Webdisclosure.com

Search

ADO PROPERTIES S.A. (FRA:LU125015) ADO Properties S.A.: ADO Properties S.A. announces change to the board of directors

Directive transparence : information réglementée

24/01/2019 18:40

DGAP-News: ADO Properties S.A. / Key word(s): Personnel
ADO Properties S.A.: ADO Properties S.A. announces change to the board of directors

24.01.2019 / 18:40
The issuer is solely responsible for the content of this announcement.


ADO Properties S.A. announces change to the board of directors


Luxembourg, January 24, 2019 - ADO Properties S.A. (the "Company") announces that on January 24, 2019 the board of directors of the Company (the "Board of Directors") appointed Mr. David Daniel as a member and Executive Vice Chairman of the Board of Directors with immediate effect. David Daniel was appointed on a provisional basis until his membership may be confirmed by a general meeting of the Company, scheduled to be held in March 2019. He will fill the vacant position on the Board of Directors following the resignation of Mr. Shlomo Zohar.

David Daniel was also appointed as the CEO of ADO Group LTD, Israel, following Shlomo Zohar in this position after the end of his term.

David Daniel (48) has extensive experience in the real estate industry. His most recent position was vice President, Head of Real Estate at Psagot Investment House, Israel


About ADO Properties

ADO Properties is a company that focuses on the residential real estate sector and owns a property portfolio of around 24,000 units in Berlin. The company operates an entirely integrated, scalable in-house platform that includes a dedicated property administration. The portfolio of ADO Properties is concentrated in central locations inside Berlin's S-Bahn-Circle and in attractive districts on the city's periphery.

 



24.01.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: ADO Properties S.A.
1B Heienhaff
L-1736 Senningerberg
Luxemburg
Phone: +352 27 84 56 710
Fax: +352 26 26 34 079
E-mail: ir@ado.properties
Internet: www.ado.properties
ISIN: LU1250154413
WKN: A14U78
Indices: SDAX, FTSE EPRA/NAREIT Global Index, FTSE EPRA/NAREIT Developed Europe Index, FTSE EPRA/NAREIT Germany Index
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, Luxembourg Stock Exchange, SIX

 
End of News DGAP News Service

769425  24.01.2019 

fncls.ssp?fn=show_t_gif&application_id=769425&application_name=news&site_id=symex