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ADO PROPERTIES S.A. (FRA:LU125015) ADO Properties S.A.: Changes in the board of directors composition/Resignation of members of the board of directors

Directive transparence : information réglementée

10/12/2019 16:28

DGAP-Ad-hoc: ADO Properties S.A. / Key word(s): Personnel
ADO Properties S.A.: Changes in the board of directors composition/Resignation of members of the board of directors

10-Dec-2019 / 16:28 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


ADO Properties S.A.: Changes in the board of directors composition/Resignation of members of the board of directors

Luxembourg, 10 December 2019 - Five members of the board of directors of ADO Properties S.A. ("ADO Properties") today decided to resign from their office and to hand over their responsibilities and duties effective immediately to optimally support ADO Properties and its subsidiaries within its new shareholder structure after closing of the merger of its main shareholder A.D.O. GROUP LTD with a fully owned subsidiary of ADLER Real Estate AG with ADLER Real Estate AG becoming the sole shareholder of A.D.O. GROUP LTD.

The remaining members of the board of directors thank the resigning members, i.e. Moshe Dayan (Chairman), Amit Segev, Dr. Sebastian-Dominik Jais, Constantin Papadimitriou and David Daniel for their commitment and support of ADO Properties.

In accordance with the articles of association of ADO Properties the members of the board of directors appointed Peter Maser (Chairman), Florian Sitta, Thierry Beaudemoulin, Ben Irle and Arzu Akkemik as new members of the board of directors with a term until the next general meeting of the shareholders which is expected to take place on 10 June 2020.


Notifying Person:
Nicole Müller, Legal Counsel
+49 30 403 907 548
n.mueller@ado.berlin

 


10-Dec-2019 CET/CEST 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
1736 Senningerberg
Luxemburg
Phone: +352 278 456 710
Fax: +352 203 015 00
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
EQS News ID: 932825

 
End of Announcement DGAP News Service

932825  10-Dec-2019 CET/CEST

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