Brief: Publity Says CEO Thomas Olek Resigns

Publity AG

28/12/2020 13:51

Dec 28 (Reuters) - PUBLITY AG  PBYG.DE :
    * THOMAS OLEK RESIGNS AS CEO AND TAKES ON CONSULTANCY ROLE
FOR THE
GROUP
    * OLEK WILL FOCUS ON BIG-DATA REAL ESTATE ANALYSIS FOR GROUP
AS A
CONSULTANT - RESIGNATION OF POSITION ON EXECUTIVE BOARD AS OF
31.12.2020
    * BEGINNING IN 2021, OLEK WILL CONTINUE AS A CONSULTANT TO
ENTIRE
GROUP IN AREAS OF BIG DATA REAL ESTATE ANALYSIS AND
INTERNATIONALISATION
    * PUBLITY BOARD WILL THEREFORE CONSIST OF CURRENT BOARD
MEMBERS
FRANK SCHNEIDER AND STEPHAN KUNATH
    * EXISTING LOCK-UP AGREEMENTS SHALL ALSO REMAIN UNAFFECTED
BY
CHANGE
    * OLEK REITERATED TO SUPERVISORY BOARD OF PUBLITY THAT HE
INTENDS
TO REMAIN A MAJORITY SHAREHOLDER OF PUBLITY IN LONG TERM AND TO
FURTHER EXPAND HIS SHAREHOLDING DEPENDING ON SHARE PRICE

Source text for Eikon:  ID:nEQ564nnHa 
Further company coverage:  PBYG.DE 

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