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Philion SE

Board/Management Information Jun 11, 2019

330_rns_2019-06-11_ea26ae53-85f5-42fc-9ba7-e1ec2be2f155.html

Board/Management Information

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News Details

Ad-hoc | 11 June 2019 20:02

Philion SE: Changes in the management team

Philion SE / Key word(s): Personnel

Philion SE: Changes in the management team

11-Jun-2019 / 20:02 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.


Philion SE: Changes in the management team

Berlin, 11 June 2019: Philion SE announces changes in the Board of Directors and the Executive Board. Frank Demmler is stepping down as a member of the Board of Directors and Managing Director of Philion SE. René Streuber resigns from the management of the Philion subsidiary FEXCOM GmbH. FEXCOM GmbH will continue to be managed by Steffen Anders as Managing Director. Frank Demmler, René Streuber and Steffen Anders are the former shareholders of FEXCOM GmbH.

The personnel changes are made by mutual agreement and are part of the further development of the Group into an Omni-Channel provider in the German telecommunications market.

As part of this change, the major shareholder aptus 1206. GmbH also acquires a larger block of shares from Frank Demmler, René Streuber and Steffen Anders (Anders Invest GmbH). All three will remain shareholders of Philion SE after the sale. Frank Demmler will also be available to the company in an advisory capacity.

Contact:

Philion SE // www.philion.de // M: [email protected]

Investor Relations & Press

Fabian Lorenz // T: +49 221 29 83 15 88 // M: [email protected]


Information and Explanation of the Issuer to this News:

About Philion SE

Led by Board Chairman René Schuster (former CEO of Telefonica Germany), the management team of Philion SE looks back on decades of experience in the international telecommunications market and has set itself a clear objective, i.e. to build up a leading network-independent service provider for all digital telecommunications products with the help of an effective buy-and-build strategy. In this context, Philion acts as a listed holding company and pursues an omni-channel strategy for its subsidiaries to combine the advantages of online commerce with the benefits of personal in-store service. First steps were the takeover of Fexcom GmbH at the turn of 2017/18 and the investment in DEINHANDY at the end of 2018. the investment in DEINHANDY at the end of 2018. This means that the Group now has more than 160 mobile communications stores throughout Germany and a fast-growing online trade.


11-Jun-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.dgap.de


Language: English
Company: Philion SE
Wallstr. 15 a
10179 Berlin
Germany
Phone: +49 (0)30 28 49 36 40
E-mail: [email protected]
Internet: www.philion.de
ISIN: DE000A1X3WF3
WKN: A1X3WF
Listed: Regulated Market in Dusseldorf; Regulated Unofficial Market in Berlin, Frankfurt (Basic Board)
EQS News ID: 822855
End of Announcement DGAP News Service

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