ADO Properties S.A.: New Chief Financial Officer appointed
August 13, 2019 at 08:30 am EDT
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DGAP-Ad-hoc: ADO Properties S.A. / Key word(s): Personnel
ADO Properties S.A.: New Chief Financial Officer appointed
13-Aug-2019 / 14:25 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.
ADO Properties S.A.: New Chief Financial Officer appointed
Berlin, August 13, 2019. ADO Properties S.A. (the "Company") has today announced Eyal Merdler is joining the Company as its Chief Financial Officer (CFO), effective October 1, 2019. Eyal will be resigning in his role as CFO of ADO Group Ltd, effective September 30, 2019, and will succeed Florian Goldgruber as CFO.
Contact:
Nicole Müller, Legal Counsel
13-Aug-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
ADO Properties S.A.
1B Heienhaff
1736 Senningerberg
Luxemburg
Phone:
+352 278 456 710
Fax:
+352 262 634 079
E-mail:
ir@ado.properties
Internet:
www.ado.properties
ISIN:
LU1250154413
WKN:
A14U78
Indices:
SDAX, FTSE EPRA/NAREIT Global Index, FTSE EPRA/NAREIT Developed Europe Index, FTSE EPRA/NAREIT Germany Index
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, Luxembourg Stock Exchange, SIX
Adler Group SA, formerly known as ADO Properties, is a Luxembourg-based real estate company. The Company operates in Germany, in the residential real estate field with approximately 70,000 residential units, and a development pipeline of approximately 10,000 new flats in Germany. The Company focuses on asset and portfolio management, property and facility management and developing residential properties throughout Germany. The Company operates through two business segments: Residential property management and development. Residential property management offers renting and managing residential properties, the management of tenancy agreements and marketing of residential units with the focus on optimization of rental income. The development side of the business splits into build-to-sell projects and build-to-hold projects.
ADLER GROUP S.A. 
