Ad-hoc Disclosures

30/01/2015 | Ad-hoc Disclosure

Change in the Supervisory Board

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Munich, January 30, 2015

The company hereby announces the following change in the Supervisory Board:

 

Supervisory Board member Wolfgang Sauerborn gave due notice on December 23, 2014 to step down from his position as member of the Supervisory Board for personal reasons effective as of January 31, 2015. Today, Munich Local Court (registration court) informed the company that it has granted the appointment of Rolf Elgeti as a member of the Supervisory Board effective as of February 1, 2015 on the company’s request.

 

Mr. Elgeti is a general partner in Obotritia Capital KGaA i.G., which holds 29.98% of the voting rights in the company according to the voting rights notification dated December 16, 2014.

 

The company assumes that Mr. Elgeti will be elected as the new Chairman of the Supervisory Board, replacing Prof. Dr. Rehkugler.

 

< End of the ad hoc notification >

 

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REIT stands for Real Estate Investment Trust. The assets of these listed companies in Germany consist mainly of real estate and investments in other real estate companies.

 

At the international level, REITs have been established for many years. On 1 January 2007, they were introduced in Germany as well.

 

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