DEMIRE AG: Dismissal of Mr. Ralf Kind as member of the Executive Board

DEMIRE Deutsche Mittelstand Real Estate AG / Key word(s): Change of Personnel
DEMIRE AG: Dismissal of Mr. Ralf Kind as member of the Executive Board

03-Jan-2019 / 13:16 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.


DEMIRE AG: Dismissal of Mr. Ralf Kind as member of the Executive Board

Langen, Germany, 03 January 2019 - The Supervisory Board of DEMIRE Deutsche Mittelstand Real Estate AG today dismissed Mr. Ralf Kind as member of the Executive Board of the Company with immediate effect. Mr. Ingo Hartlief, Chairman of the Executive Board, will temporarily assume the previous responsibilities of Mr. Ralf Kind. The position of a member of the Executive Board for finance shall be appointed as quickly as possible.

The dismissal of Mr. Kind is in no way connected with the performance or strategic positioning of the Company. The increased forecast for rental income of around EUR 74 million and for FFO I (after taxes, before minorities) of around EUR 23-24 million for the 2018 financial year remains unchanged.
 
Contact:
Peer Schlinkmann
Head of Investor Relations & Corporate Communications
DEMIRE Deutsche Mittelstand Real Estate AG
Telephone: +49 (0)6103 3724944
E-Mail: schlinkmann@demire.ag

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