Feb 10 (Reuters) - Aedas Homes AEDAS.MC:
SAID ON MONDAY, APPROVES REMOVAL OF DAVID MARTINEZ MONTERO AS CEO
APPROVES REMOVAL OF SANTIAGO FERNANDEZ VALBUENA AS CHAIRMAN
TO APPOINT FRANCISCO DE BORJA GARCIA-EGOCHEAGA VERGARA AS CEO AND EXECUTIVE DIRECTOR
TO APPOINT JORDI ARGEMI GARCIA AS CHAIRMAN
TO APPOINT GABRIEL SANCHEZ CASSINELLO AS VICE-CHAIRMAN AND PROPRIETARY DIRECTOR
TO APPOINT MARIO LAPIEDRA VIVANCO AS PROPRIETARY DIRECTOR
ABOLISHES CO'S CURRENT DIVIDEND POLICY IN ACCORDANCE WITH PROVISIONS OF NEINOR'S TENDER OFFER PROSPECTUS
FUTURE DISTRIBUTIONS WILL DEPEND ON ASSESSMENT MADE AT EACH TIME OF FACTORS INDICATED IN OFFER PROSPECTUS
PAY-OUT RATIO OF DISTRIBUTIONS MAY BE LOWER THAN, EQUAL TO OR HIGHER THAN CURRENT RATIO
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