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PNE AG Board/Management Information 2014

Dec 9, 2014

334_rns_2014-12-09_e8e80757-eb4d-4812-a4f4-ae4cd67e3c2a.html

Board/Management Information

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News Details

Ad-hoc | 9 December 2014 12:52

PNE WIND AG: PNE WIND AG announces possible changes in the Supervisory Board

PNE WIND AG / Key word(s): Change of Personnel

09.12.2014 12:52

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.


Ad hoc disclosure pursuant to Section 15 WpHG
of PNE WIND AG (ISIN: DE000A0JBPG2)

PNE WIND AG announces possible changes in the Supervisory Board

Cuxhaven, December 9, 2014 - At today's meeting, the Supervisory Board
resolved to file an application in accordance with § 103 para. 3 AktG
(Stock Corporation Act) with the competent court for the removal of Mr.
Volker Friedrichsen from PNE WIND AG's Supervisory Board, unless he
voluntarily gives up his mandate in the short term.

The basis for this decision is that Mr. Volker Friedrichsen - the sole
shareholder of the Volker Friedrichsen Beteiligungs-GmbH - is exposed to a
permanent conflict of interest following the decision taken today to assert
claims for damages in connection with the acquisition of the shareholding
in WKN AG.

Another conflict of interest arises from the competing activities of
reconcept GmbH, Hamburg, whose sole shareholder is the Volker Friedrichsen
Beteiligungs-GmbH, according to Section 5.5.3 S.2 of the German Corporate
Governance Code.

Rejected were the proposed Supervisory Board resolutions to remove Mr.
Dieter K. Kuprian as Chairman of the Supervisory Board as well as the
resolution to send a request to the competent court to remove Mr. Dieter K.
Kuprian as a member of the Supervisory Board.

In the opinion of the Board of Directors, the aforementioned events in the
Supervisory Board will have no impact on the operational business of PNE
WIND AG and WKN AG.

Contact:
Contact:

PNE WIND AG
Rainer Heinsohn
Head of Corporate Communication
Tel: +49(0) 47 21 - 7 18 - 453
Fax: +49(0) 47 21 - 7 18 - 373
E-mail: [email protected]

PNE WIND AG
Investor Relations
Scott McCollister
Tel: +49(0) 47 21 - 7 18 - 454
Fax: +49(0) 47 21 - 7 18 - 373
E-mail: [email protected]

Investor Relations
cometis AG
Ulrich Wiehle / Janis Blaum
Tel: +49(0) 611 - 205855-64
Fax: +49(0) 611 - 205855-66
E-mail: [email protected]

09.12.2014 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: PNE WIND AG
Peter-Henlein-Straße 2-4
27472 Cuxhaven
Germany
Phone: 04721 / 718 - 06
Fax: 04721 / 718 - 200
E-mail: [email protected]
Internet: http://www.pnewind.com
ISIN: DE000A0JBPG2, DE000A0B9VG7, , DE000A1EMCW3, , DE000A0Z1MR2, ,
DE000A1R0741
WKN: A0JBPG, A0B9VG, , A1EMCW, , A0Z1MR, , A1R074
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service