DGAP-Adhoc: Changeover at aap Implantate AG: Bruke Seyoum

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News Desk 2018

Apr 28, 2014 at 5:15 PM

DGAP-Adhoc: Changeover at aap Implantate AG: Bruke Seyoum Alemu appointed as new CEO

aap Implantate AG / Key word(s): Change of Personnel/Agreement 28.04.2014 23:07 Dissemination of an Ad hoc announcement according to Â§ 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ongoing transformation to a leading trauma company keeping management continuity aap Implantate AG announces that its Supervisory Board named Bruke Seyoum Alemu, 48, Chief Operating Officer of aap Implantate AG since 2008, as the company's new chairman of the Management Board and Chief Executive Officer (CEO), effective as of June 1, 2014. With today's successful completion of the sale of aap's Dutch subsidiary EMCM B.V., which is a consistent step in the strategy implementation towards a focused trauma company, the Supervisory Board in consultation with the Management Board has agreed to reduce the size of aap's Management Board from three to two members. In view of the above, current CEO Biense Visser and the Supervisory Board have agreed to terminate Mr. Visser's Management Board contract prematurely as of May 31st, 2014. To maintain continuity, Mr. Visser is prepared to serve on aap Implantate AG's Supervisory Board provided that the necessary legal requirements are fulfilled. The company assumes that its majority shareholders will support Mr. Visser's move to the Supervisory Board and nominate him accordingly on the occasion of the upcoming annual shareholders meeting. In a separate press release aap will report in detail regarding this change. __________________________________________________________________________ ________________ aap Implantate AG (ISIN DE0005066609) - Prime Standard/Regulated Market - All German stock markets - About aap Implantate AG aap is a global medical device company headquartered in Berlin, Germany that develops, manufactures and markets innovative biomaterials and implants that are used in orthopedic procedures. The Company's products, which include a full line of plating systems, cannulated screws and bone cement products, are primarily used in the orthopedic specialty areas of trauma and spine repair. The Company's products are sold through its direct sales force, distribution partners and license agreements with OEM partners. aap's stock is listed in the Prime Standard segment of the Frankfurt Stock Exchange. For more information, please visit www.aap.de, or download the Company's investor relations app from the Apple's App Store or Google Play. Forward-looking statement This release may contain forward-looking statements based on current experience, estimates and projections of the management board and currently available information. They are not guarantees of future performance. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. Many factors could cause the actual results, performance or achievements of aap to be materially different from those that may be expressed or implied by such statements. These factors include those discussed in aap's public reports. Forward-looking statements therefore speak only as of the date they are made. aap does not assume any obligation to update the forward-looking statements contained in this release or to conform them to future events or developments. For inquiries please contact: aap Implantate AG, Marc Heydrich, Investor Relations, Lorenzweg 5, 12099 Berlin, Germany Tel.: +49 30 7501 9-134, fax: +49 30 7501 9-290, e-mail: m.heydrich@aap.de 28.04.2014 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: aap Implantate AG Lorenzweg 5 12099 Berlin Germany Phone: +49 (0) 30 75 01 90 Fax: +49 (0) 30 75 01 91 11 E-mail: info@aap.de Internet: www.aap.de ISIN: DE0005066609 WKN: 506660 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, DÃ¼sseldorf, Hamburg, Hannover, MÃ¼nchen, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------

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