05|07|2016

Corporate News

DEMIRE AG: 2016 Annual General Meeting

  • All proposed resolutions approved with a clear majority
  • All Supervisory Board members were re-elected
  • Prof. Dr. Hermann Wagner continues to serve as Supervisory Board Chairman
  • Process initiated for upcoming switch to Prime Standard segment

Frankfurt/Main, 05. July 2016 – Shareholders approved the resolutions proposed at the Annual General Meeting of DEMIRE Deutsche Mittelstand Real Estate AG on June 30, 2016, with a clear majority.

The authorised capital and conditional capital were newly created, adjusted for the increase in the share capital. All of the Supervisory Board members were re-elected, and the annual compensation of each member was set to EUR 30,000.00 with the commencement of the 2017 financial year. In the constituent meeting following the Annual General Meeting, Prof. Dr. Wagner was re-elected as chairman of the Supervisory Board and Dr. Peter Maser was re-elected as deputy chairman.

In his comments on the Executive Board’s report, Hon.-Prof. Andreas Steyer, CEO of the DEMIRE Group, stated: “Following the strong growth experienced in the past two years, the DEMIRE Group’s larger size and enhanced equity position will help us to refinance our high-yield financial liabilities at significantly lower interest rates in order to strengthen our operating result”.
In order to increase the Company’s capital market visibility, DEMIRE will switch to the Prime Standard segment as early as this month (July 2016). The Prime Standard is the segment with the most stringent transparency requirements.

Information on the Ordinary Annual Meeting of DEMIRE AG can be found on the Company’s website at http://www.demire.ag/en/investor-relations/agm/2016.

The Executive Board

Über die DEMIRE Deutsche Mittelstand Real Estate AG

Contact
DEMIRE Deutsche Mittelstand Real Estate AG
Robert-Bosch-Straße 11
63225 Langen
Tel.: +49 (0) 6103 – 372 49-0
Fax: +49 (0) 6103 – 372 49-11
E-mail:
Web: www.demire.ag

INVESTOR RELATIONS KONTAKT
Peer Schlinkmann
Head of Investor Relations & Corporate Communications

Tel.: +49 (0) 6103 37249 44
Fax: +49 (0) 6103 37249 11
E-Mail: schlinkmann@demire.ag

PUBLIC RELATIONS KONTAKT
RUECKERCONSULT GmbH
Herr Nikolaus von Raggamby
Tel.: +49 30 28 44 987 40