SURTECO SE (FRA:SUR) SURTECO GROUP SE: Organizational changes

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30/06/2020 13:26

DGAP-News: SURTECO GROUP SE / Key word(s): Personnel
SURTECO GROUP SE: Organizational changes

30.06.2020 / 13:26
The issuer is solely responsible for the content of this announcement.

SURTECO GROUP SE: Organizational changes

- General power of attorney for Andreas Pötz

- Maximilian Betzler CSO for SURTECO GmbH

Buttenwiesen, 30 June 2020 - The Executive Management Board of SURTECO GROUP SE, with the consent of the Supervisory Board, has appointed the former Managing Director and Head of Finance and Accounting of SURTECO GmbH, Mr Andreas Pötz, as of 1 July 2020 as an authorized signatory with sole power of representation and general representative of the SURTECO GROUP SE. As CFO, Mr. Pötz will be responsible for the areas of controlling, accounting, human resources, legal affairs, taxes, investor relations, IT, treasury and general administration of SURTECO GROUP SE and the SURTECO Group.

The company would like to thank Mr. Andreas Riedl for his many years of successful work and his commitment to the Group. His contract expired on June 30th 2020.

With effect from 1 July 2020, Mr. Maximilian Betzler will assume responsibility for sales on the European market in addition to the regions North America and Oceania as CSO of SURTECO GmbH and sales responsibility for Dakor Melamin Imprägnierungen GmbH and SURTECOart GmbH. Mr. Pötz and Mr. Betzler are retiring from their activities as Managing Directors of SURTECO GmbH in the course of their new duties. Mr. Wolfgang Moyses and Mr. Manfred Bracher will take over the management of SURTECO GmbH and the Board of Management of SURTECO GROUP SE. This is a further important step to streamline the Group structures.




Martin Miller
Investor Relations und Pressestelle
T: +49 8274 9988-508
F: +49 8274 9988-515



SURTECO GROUP SE with its headquarters in Buttenwiesen is a medium-sized, internationally active investment company. The listed company combines leading national and international brands in surface technology under one roof. The extensive product portfolio includes printed decorative papers, impregnating agents, release papers, decorative surface foils and edgebandings based on special technical papers and plastics, plastic skirtings, technical profiles for industry and roller shutter systems. With over 3,100 employees at 22 production sites worldwide, the group generated annual sales of around € 675 million, 25 % of which were generated in Germany, 47 % in other European countries and a further 28 % in America, Asia and Australia. The customers of the SURTECO Group are primarily in the wood-based materials, flooring and furnishing industries and in interior construction.

More information about the company is available at: www.surteco-group.com

The shares of SURTECO GROUP SE are listed on the official market (Prime Standard) of the Frankfurt and Munich stock exchanges under the symbol SUR and ISIN DE0005176903 and are also traded on the stock exchanges in Berlin, Düsseldorf and Stuttgart.

Reservation regarding statements on the future

To the extent that this press release contains forecasts or expectations or statements relating to the future, these statements may involve known and unknown risks and uncertainties. As a result, there is no guarantee for the statements and expectations expressed. Actual results and developments may differ significantly. The company assumes no obligation to update or revise the forward-looking statements.

30.06.2020 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.

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Language: English
Johan-Viktor-Bausch-Str. 2
86647 Buttenwiesen
Phone: +49 (0)8274 99 88-0
Fax: +49 (0)8274 99 88-5 05
E-mail: ir@surteco-group.com
Internet: www.surteco-group.com
ISIN: DE0005176903
WKN: 517 690
Listed: Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange
EQS News ID: 1079807

End of News DGAP News Service

1079807  30.06.2020