DGAP-Adhoc: ORCO GERMANY S.A. - New CEO and Management Team

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News Desk 2018
DGAP-Adhoc: ORCO GERMANY S.A. - New CEO and Management Team

ORCO Germany S.A. / Key word(s): Change of Personnel 19.03.2014 20:09 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- ORCO GERMANY S.A. - New CEO and Management Team Prague, 19 March 2014. On 18 March 2014, the Orco Germany board of directors decided to implement changes in the management structure by terminating the executive contracts of Jean-François Ott, Nicolas Tommasini, and Brad Taylor, and agreeing to comply with their termination packages. Mr. Ott and Mr. Tommasini will continue as members of the board of directors. The board has appointed Martin NÄ?meček as CEO and Managing Director, Edward Hughes as Chairman of the board, and TomáÃ?  Salajka as Deputy CEO and Secretary of the board of directors. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: The board of directors thanks the entire executive team for their diligence, professionalism and tenacity in building Orco Germany. In particular, the board acknowledges and commends the invaluable role of Jean-François Ott in founding, guiding and providing Orco Germany's strategic vision. Mr. Ott and Mr. Tommasini's continued participation on the board will ensure that the company benefits from their many years of experience and insight. Mr. Ott stated 'I founded Orco Germany and am extremely proud that it has become the largest private commercial landlord in Berlin. Today the company begins a new step along what I know will be a long and successful path. Nicolas Tommasini and I wish the best of luck to the new management and offer them our full support as we continue to work with the company at the board level.' For more information, visit us on www.orcogermany.de About ORCO Germany ORCO Germany S.A. is a property company that is listed in the General Standard on the Regulated Market at Frankfurt Stock Exchange and has its registered office in Luxembourg. The ORCO Germany Group, which acts consistently under its registered name of ORCO Germany, has been operating in Germany since 2004 and concentrates on commercial property and project development. ORCO Germany is a subsidiary of ORCO Property Group, which is one of the leading Central European property companies. The ORCO Property Group, established in 1991, is based in Luxembourg and has listings on NYSE Euronext Paris, Prague and Warsaw stock exchanges. For further information please contact: Press-Contact: Kirchhoff Consult AG Sebastian Bucher Herrengraben 1 20459 Hamburg T +49 40 60 91 86 18 F +49 40 60 91 86 60 E sebastian.bucher@kirchhoff.de 19.03.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: ORCO Germany S.A. 40, rue de la Vallée L-2661 Luxembourg Grand Duchy of Luxembourg Phone: +49 (0)30 390 93 116 Fax: +49 (0)30 390 93 199 E-mail: patricia.jaenisch@orco-gsg.de Internet: www.orcogermany.de ISIN: LU0251710041 WKN: A0JL4D Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Düsseldorf, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------

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