Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  Verianos Real Estate AG    VROS   DE000A0Z2Y48

VERIANOS REAL ESTATE AG

(VROS)
SummaryQuotesChartsNewsCompany 
News SummaryMost relevantAll newsOfficial PublicationsSector news

VERIANOS Real Estate Aktiengesellschaft: Supervisory Board approves the annual financial statements for 2018, resolves conversion of VERIANOS Real Estate AG into European Company (SE) with one-tier system and appoints a new board member

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/21/2019 | 10:40am EDT

DGAP-Ad-hoc: VERIANOS Real Estate Aktiengesellschaft / Key word(s): Annual Results/Miscellaneous
VERIANOS Real Estate Aktiengesellschaft: Supervisory Board approves the annual financial statements for 2018, resolves conversion of VERIANOS Real Estate AG into European Company (SE) with one-tier system and appoints a new board member

21-May-2019 / 16:36 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.


Supervisory Board approves the annual financial statements for 2018, resolves conversion of VERIANOS Real Estate AG into European Company (SE) with one-tier system and appoints a new board member.

Frankfurt am Main, 21 May 2019 - Management board and supervisory board of VERIANOS Real Estate Aktiengesellschaft decided that the company shall be converted into a European Company (Societas Europaea, SE). It is intended to establish a one-tier system with an administrative organ instead of the current two-tier system consisting of a management board and a supervisory board.

To change the legal form, it is inter alia necessary that the general meeting of VERIANOS Real Estate Aktiengesellschaft approves the terms of conversion including the future VERIANOS SE's articles of association in which the members of the first administrative organ will be appointed. Management board and supervisory board will propose the respective resolutions to the upcoming annual general meeting. Furthermore, the registration and effectiveness of the change of the legal form require completion or termination of the procedure of the negotiations for the involvement of employees within the future SE.

With the new management structure, the significantly increased operational requirements are to be accommodated by a future broader range of products and funds as well by being a fully regulated AIF manager.

The result for the financial year 2018 was determined with a consolidated net income of EUR 1,744,545.27 and is thus approx. 9% below the previous year's result.
This reflects in particular the current market situation in Germany, which only allows a few buying opportunities for a value investor due to the historically high demand of many investors for real estate.

After the current transition phase, VERIANOS is planning a significant expansion of its investment and business activities again in the coming years with the already initiated geographical and product-related diversification.

Effective July 1, 2019 Tobias Bodamer was also appointed as a further member of the Management Board. Following positions at KPMG and Dresdner Kleinwort in Frankfurt as well as London, Mr. Bodamer was most recently Managing Director and Head of Syndicate & Sales at IKB Deutsche Industriebank AG in Düsseldorf. His responsibilities at VERIANOS will focus on strengthening and expanding client relationships with institutional as well as private investors and on the development of new services for them.



Contact:
---------------------------------------------------------
Further information on VERIANOS Real Estate Aktiengesellschaft are available on www.verianos.com.
This publication constitutes neither an offer to sell nor an invitation to make an offer to buy securities.

IR contact:
VERIANOS Real Estate Aktiengesellschaft
Investor Relations
Bethmannstr. 56
60311 Frankfurt am Main
Germany
T +49 221 20046100
F +49 221 20046140
Mail: ir@verianos.com

Company contact:
VERIANOS Real Estate Aktiengesellschaft
Gürzenichstr. 21
50667 Cologne
Germany
T +49 221 20046100
F +49 221 20046140
Mail: enquiries@verianos.com

21-May-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: VERIANOS Real Estate Aktiengesellschaft
Gürzenichstraße 21
50667 Cologne
Germany
Phone: +49 221 20046100
Fax: +49 221 20046140
E-mail: ir@verianos.com
Internet: www.verianos.com
ISIN: DE000A0Z2Y48
WKN: A0Z2Y4
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Stuttgart
EQS News ID: 814107

 
End of Announcement DGAP News Service

814107  21-May-2019 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=814107&application_name=news&site_id=zonebourse

© EQS 2019
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on VERIANOS REAL ESTATE AG
07/29VERIANOS REAL ESTATE AKTIENGESELLSCH : Mittelstandsanleihen Fonds
EQ
06/25VERIANOS REAL ESTATE AKTIENGESELLSCH : VERIANOS Real Estate Aktiengesellschaft p..
EQ
05/21VERIANOS REAL ESTATE AKTIENGESELLSCH : Supervisory Board approves the annual fin..
EQ
2018VERIANOS REAL ESTATE AKTIENGESELLSCH : Notification and public disclosure of tra..
EQ
2018VERIANOS REAL ESTATE : 6.50% corporate bond upgraded by KFM-Mittelstandsanleihen..
EQ
2018VERIANOS REAL ESTATE : Nikolaus von Blomberg leaves the VERIANOS Executive Board
EQ
2018VERIANOS REAL ESTATE : publishes half-year report 2018
EQ
2018VERIANOS REAL ESTATE AKTIENGESELLSCH : Verianos sets the course for further, sus..
EQ
2018VERIANOS REAL ESTATE AKTIENGESELLSCH : Verianos licensed as an aif capital manag..
EQ
2018VERIANOS REAL ESTATE : publishes annual report and annual financial statements 2..
EQ
More news
Chart VERIANOS REAL ESTATE AG
Duration : Period :
Verianos Real Estate AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends VERIANOS REAL ESTATE AG
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Managers
NameTitle
Diego Fernández Reumann Chairman-Executive Board
Ralf Krüger Chairman-Supervisory Board
Stefan Wallner Managing Director- Finance & Controlling
Giulio Beretti Deputy Chairman-Supervisory Board
Jochen Axer Independent Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
VERIANOS REAL ESTATE AG-10.39%17
CBRE GROUP33.72%17 623
JONES LANG LASALLE INC8.31%7 065
ZILLOW GROUP INC-3.09%6 285
CUSHMAN & WAKEFIELD PLC29.37%4 063
TLG IMMOBILIEN AG1.78%3 036