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11 88 0 Solutions AG Board/Management Information 2014

Sep 25, 2014

2_rns_2014-09-25_e584b7f4-cd96-4f99-ad44-dd39c283f188.html

Board/Management Information

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Ad-hoc | 25 September 2014 08:00

telegate AG: Changes in the Management Board

telegate AG / Key word(s): Change of Personnel

25.09.2014 08:00

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Franz Peter Weber will be appointed spokesman of the Management Board
Michael Geiger will be appointed Management Board Member
Elio Schiavo will leave the company at his own request

München / Planegg, September 25, 2014 - Mr. Franz Peter Weber, Chief
Financial Officer, will be appointed new spokesman of the management board
of telegate AG as of October 11, 2014.

The supervisory board will appoint Michael Geiger, presently Vice President
Technology and for many years in this role, as member of the management
board as of October 11, 2014.

Mr. Elio Schiavo, presently CEO of telegate AG, resigns from his position
with the close of October 10, 2014. He leaves at this point in time at his
own request and in best mutual agreement with the company to join Apple.
Mr. Schiavo and telegate AG mutually agreed on the contract termination
during the late evening yesterday. Mr. Schiavo's resignation is subject to
supervisory board approval which is expected to be received by October 10,
2014. Having been in the role of Chief Executive Officer since end of 2011,
he had played a major role in the company's digital business reaching
profitability end of 2013. The supervisory board thanks Elio Schiavo for
his excellent performance in the past three years.

With the appointment as board member of telegate AG, the supervisory board
emphasizes its trust in the competences of Michael Geiger who is highly
valued both internally and externally.

Contact:
Anja Meyer
telegate AG
Tel.: 089/ 8954-1188
Fax: 089/ 8954-1189
E-Mail: [email protected]

25.09.2014 The DGAP 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: telegate AG
Fraunhofer Str. 12a
82152 Planegg-Martinsried
Germany
Phone: +49 089 - 89 54 0
Fax: +49 089 - 89 54 10 10
E-mail: [email protected]
Internet: www.telegate.com
ISIN: DE0005118806
WKN: 511880
Indices: Prime All Share
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart

End of Announcement DGAP News-Service