Drillisch AG: Change of supervisory board chairman following the closing of the overall transaction
Drillisch AG: Change of supervisory board chairman following the closing of the overall transaction Maintal, November 13, 2017. After completion of the step-by-step acquisition of 1&1 Telecommunication SE by Drillisch AG, the Drillisch AG supervisory board at its meeting today elected Mr. Michael Scheeren as its new chairman. This had already been agreed between the company and United Internet AG in the Business Combination Agreement of May 12, 2017 and set out in the Joint Opinion of the management board and the supervisory board under Section 27 of the German Securities Acquisition and Takeover Act and in the voluntary public tender offer submitted by United Internet AG.
Mr. Scheeren had earlier been appointed to the supervisory board of Drillisch AG under an order issued by the Hanau Local Court on October 16, 2017, and he has now taken over the chairmanship in the supervisory board of Drillisch AG from Mr. Marc Brucherseifer who served as chairman since 2011, in which role he was closely involved in the recent acquisition of 1&1 Telecommunication SE.
Mr. Kai-Uwe Ricke, who had also been appointed to the supervisory board under the order issued by the Hanau Local Court on October 16, 2017, was elected deputy chairman of the Drillisch AG supervisory board.
Drillisch AG Drillisch AG is one of the largest network-independent telecommunications providers in Germany. The company offers a comprehensive portfolio of products and services for line-connected as well mobile voice and data services. In the premium segment, Drillisch concentrates on its brand 1&1. The brand for the offline segment is yourfone, which lends its name to the more than 200 stores Drillisch operates in top locations in German cities. In addition, many other successful mobile communications brands are part of Drillisch AG, including smartmobil.de, simply, sim.de, McSIM, helloMobil, winSIM and discoTEL.
13.11.2017 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.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English Company: Drillisch AG Wilhelm-Röntgen-Straße 1-5 63477 Maintal
Germany Phone: +49 (0)6181 412 218 Fax: +49 (0)6181 412 183 E-mail: firstname.lastname@example.org Internet: www.drillisch.de ISIN: DE0005545503 WKN: 554550 Indices: TecDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange End of News DGAP News Service