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OFFON

ECOTEL COMMUNICATION AG

(E4C)
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PRESS RELEASE: ecotel communication ag: ecotel announces changes in the supervisory board

05/20/2021 | 01:32am EDT
DGAP-News: ecotel communication ag / Key word(s): AGM/EGM/Personnel 
ecotel communication ag: ecotel announces changes in the supervisory board 
2021-05-20 / 07:30 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
ecotel announces changes in the supervisory board 
Düsseldorf, May 20, 2021 
The mandates of the supervisory board of the ecotel communication ag, Dusseldorf, end after the end of this year's 
general meeting on July 8th, 2021, according to § 7 para. 2 sentence 1 of the company's articles of association. 
Two of the six members of the Supervisory Board are no longer standing for election. The Supervisory Board has decided 
to propose the following persons for election to the Annual General Meeting: 
For re-election to the Supervisory Board: 
Mr. Dr. Norbert Bensel, Mr. Dr. Thorsten Reinhard, Mr. Mirko Mach and Mrs. Brigitte Holzer. 
As new Board Members: 
Mr. Alfried Bührdel, independent management consultant, Cologne 
Among other things, Mr. Alfried Bührdel was CFO of the Tengelmann Group, CFO and Deputy Chairman of the Management 
Board of Ströer Media AG and Chairman of the Supervisory Board of inexio Beteiligungs GmbH & Co KGaA. 
and 
Mr. Uwe Nickl, independent management consultant, Bad Godesberg 
Mr. Uwe Nickl has extensive national and international telecommunications expertise. Among other things, he was CEO of 
the Deutsche Glasfaser Unternehmensgruppe, CEO of the Pepcom Group and Managing Director / Senior Vice President of 
Level3 Communications. 
About ecotel communication ag: 
The ecotel Group (hereinafter »ecotel«), operating throughout Germany since 1998, specializes in the marketing of IT 
and telecommunications solutions in various segments. The parent company is ecotel communication ag with headquarters 
in Düsseldorf. Including its subsidiaries and holdings, ecotel has a total of about 300 employees. Currently ecotel 
serves more than 50,000 customers nationwide, providing 50,000 data connections and more than 360,000 voice channels. 
Note: 
This publication is not an offer for the sale nor an invitation for the purchase or subscription of securities. This 
publication is not a securities brochure. This publication and the information contained therein are not intended for 
direct or indirect dissemination to or within the United States of America, Canada, Australia or Japan. 
PR office: 
Business and Financial Media 
Annette Drescher (Assistant to the Managing Director) 
Phone: 0211-55 007-740 
Fax: 0211-55 007 5 740 
E-mail: presse@ecotel.de 
Trade Media 
Bernadette Loosen-Flanz (PR) 
Phone: 0211-55 007-316 
Fax: 0211-55 007 5 316 
E-Mail: presse@ecotel.de 
For more information please visit us at www.ecotel.de 
=---------------------------------------------------------------------------------------------------------------------- 
2021-05-20 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
=---------------------------------------------------------------------------------------------------------------------- 
Language:     English 
Company:      ecotel communication ag 
              Prinzenallee 11 
              40549 Düsseldorf 
              Germany 
Phone:        +49 (0)211 55 00 70 
Fax:          +49 (0)211 55 00 7 222 
E-mail:       info@ecotel.de 
Internet:     http://www.ecotel.de 
ISIN:         DE0005854343 
WKN:          585434 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1198561 
 
End of News   DGAP News Service 
=------------ 

1198561 2021-05-20

 
Image link: 
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1198561&application_name=news 
 

(END) Dow Jones Newswires

May 20, 2021 01:31 ET (05:31 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL -0.42% 34935.47 Delayed Quote.14.63%
ECOTEL COMMUNICATION AG 0.99% 20.4 Delayed Quote.100.00%
STRÖER SE & CO. KGAA -0.74% 66.7 Delayed Quote.-17.65%
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Financials
Sales 2021 96,6 M 115 M 115 M
Net income 2021 - - -
Net cash 2021 5,40 M 6,41 M 6,41 M
P/E ratio 2021 -
Yield 2021 1,96%
Capitalization 71,6 M 84,9 M 85,0 M
EV / Sales 2021 0,69x
EV / Sales 2022 0,59x
Nbr of Employees 273
Free-Float 17,5%
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Mean consensus BUY
Number of Analysts 1
Last Close Price 20,40 €
Average target price 36,90 €
Spread / Average Target 80,9%
Managers and Directors
Peter Zils Chief Executive Officer
Holger Hommes Chief Financial Officer
Norbert Bensel Chairman-Supervisory Board
Wilfried Kallenberg Chief Operations & Technology Officer
Mirko Mach Vice Chairman-Supervisory Board
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