SWISS PRIME SITE AG NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES, CANADA OR AUSTRALIA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.
MEDIA RELEASE
Olten, 11 December 2015
The change in top management announced in April 2015 at Swiss Prime Site - Switzerland's leading real estate investment company - will be carried out effective as at 1 January 2016. The departing Markus Graf has been responsible for the Group's operating management since Swiss Prime Site was founded, thereby having a relevant impact on the Company's success story. His successor, René Zahnd - a proven real estate expert with years of extensive management experience - accordingly is assuming the position as new Chief Executive Officer as of the turn of the year.
In connection with the change in management, Swiss Prime Site AG's Board of Directors has decided to propose the nomination of Markus Graf as member of the board to the upcoming Annual General Meeting.
The Board of Directors and Executive Board would like to thank Markus Graf for his long- standing commitment to the Group's operations, the extraordinary success and performance for Swiss Prime Site AG as well as the faithful collaboration.
Prof. Dr. Hans Peter Wehrli, Chairman of the Board of Directors Tel. +41 58 317 17 21,hans.peter.wehrli@swiss-prime-site.ch
Markus Graf, Chief Executive Officer
Tel. +41 58 317 17 00,markus.graf@swiss-prime-site.ch
René Zahnd, designated Chief Executive Officer
Tel. +41 58 317 17 29,rene.zahnd@swiss-prime-site.ch
Swiss Prime Site AG is Switzerland's leading listed real estate investment company. The Group's portfolio is valued at CHF 9.9 billion and comprises first-class, value-retaining and high-quality properties with primarily office and retail floor space situated in prime locations. The real estate investments, coupled with the real estate services provided by subsidiary Wincasa AG, make up the Real Estate segment. The Retail segment consists of Jelmoli - The House of Brands department store. The Assisted Living segment comprises the senior residences and geriatric care facilities provided by Tertianum Group.
Swiss Prime Site is distinguished by its experienced management team, considerable earnings continuity and excellent risk/return profile. The Company has been listed on the
SIX Swiss Exchange since 2000 and reports market capitalisation of CHF 4.9 billion as at the balance sheet date.
SIX Swiss Exchange / symbol SPSN / securities number 803 838
THIS PRESS RELEASE IS NOT BEING ISSUED IN THE UNITED STATES OF AMERICA AND SHOULD NOT BE DISTRIBUTED TO UNITED STATES PERSONS OR PUBLICATIONS WITH A GENERAL CIRCULATION IN THE UNITED STATES. THIS DOCUMENT DOES NOT CON- STITUTE AN OFFER OR INVITATION TO SUBSCRIBE FOR OR PURCHASE ANY SECURITIES. IN ADDITION, THE SECURITIES OF SWISS PRIME SITE AG HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO U.S. PERSONS ABSENT FROM REGISTRATION UNDER OR AN APPLICABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE UNITED STATES SECURITIES LAWS.
Swiss Prime Site AG issued this content on 2015-12-11 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2015-12-18 10:30:12 UTC
Original Document: http://www.swiss-prime-site.ch/medien/medienmitteilungen/en/2015/e-mr-15-12-11.pdf
