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01.10.2016 19:00:31

DGAP-Ad hoc: Do & Co AG

DGAP-Adhoc: DO & CO Aktiengesellschaft:

DO & CO Aktiengesellschaft / Key word(s): Change of Personnel

01.10.2016 19:00



Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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DO & CO AG announces that Dr. Haig Asenbauer and Dr. Klaus Petermann will leave the Management Board effective 30 September 2016. The new organisation of DO & CO AG provides that two Management Board members, Attila Dogudan and Gottfried Neumeister, will manage the company together with an extended management team.Dr. Haig Asenbauer will continue to serve the company as a consultant, particularly for M & A activities as hitherto, and after a transitional, cooling off period, will run for election to the Supervisory Board. Dr. Petermann will serve the company in a new role as head of the Commercial Controlling & Efficiency Improvement division. In this role, Dr. Petermann will coordinate the overall cost management of all DO & CO AG locations worldwide. The objective is to increase synergies between the divisions and improve the margins through efficiency improvements and a new benchmark system. This is closely linked to a reorganisation of the Finance division, which will now have a broader base and be divided into the areas of Commercial Controlling and Corporate Accounting.

01.10.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de


--------------------------------------------------------------------------- Language: English Company: DO & CO Aktiengesellschaft Stephansplatz 12 1010 Wien Austria Phone: +43 (1) 535 0644 1010 Fax: +43 (1) 74000-1089 E-mail: investor.relations@doco.com Internet: www.doco.com ISIN: AT0000818802 WKN: 81880 Listed: Regulated Unofficial Market in Berlin, Munich, Stuttgart; Wien (Amtlicher Handel / Official Market) End of Announcement DGAP News-Service ---------------------------------------------------------------------------

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DO & CO 158,00 -0,63% DO & CO