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STS Group AG, DE000A1TNU68

STS Group AG, DE000A1TNU68

29.06.2021 - 19:26:02

STS Group AG: Change in Management Board

Hallbergmoos/Munich, 29 June 2021. STS Group AG (ISIN: DE000A1TNU68), a global system supplier for the automotive industry listed in the General Standard of the Frankfurt Stock Exchange, announces changes to the company's Management Board.

The sole member of the Management Board, Mathieu Purrey, today informed the Chairman of the Supervisory Board that he will resign from his office with effect from the closing of the transaction ("Closing") for the sale of the majority shareholding of Mutares SE & Co. KGaA ("Mutares") in STS Group AG to Adler Pelzer Holding GmbH ("Adler Pelzer Group"). Mathieu Purrey was appointed as sole member of the Management Board of STS Group AG in 2020.

The company continues to assume, that the Closing will be completed in the first half of the year. The Supervisory Board of STS Group AG will ensure the continuity of the Executive Board function and appoint a successor in the short term.

STS Group AG Stefan Hummel Head of Investor Relations Zeppelinstrasse 4 85399 Hallbergmoos +49 (0) 170 1810765ir@sts.groupwww.sts.group

29-Jun-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: STS Group AG Zeppelinstra?e 4 85399 Hallbergmoos

Germany Phone: +49 (0)811 124494 0 E-mail: ir@sts.group Internet: https://sts.group ISIN: DE000A1TNU68 WKN: A1TNU6 Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1213448 ? End of Announcement DGAP News Service


@ dgap.de