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WCM Beteiligungs- und Grundbesitz-AG: WCM extended CEO contract for Stavros Efremidis to 2021

DGAP-News: WCM Beteiligungs- und Grundbesitz-AG / Key word(s): Change of
Personnel
WCM Beteiligungs- und Grundbesitz-AG: WCM extended CEO contract for Stavros
Efremidis to 2021

06.05.2016 / 09:17
The issuer is solely responsible for the content of this announcement.

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WCM extended CEO contract for Stavros Efremidis to 2021

- Ralf Struckmeyer appointed CFO and member of the Executive Board

- Frank Roseen left the company on a mutual and amicable agreement as of
5 May 2016

Frankfurt am Main, 6 May 2016 - The Supervisory Board of SDAX listed WCM
Beteiligungs- und Grundbesitz-AG (WCM AG, ISIN: DE000A1X3X33) has extended
the contract of CEO Stavros Efremidis to 30 April 2021. The Supervisory
Board is recognising the successful relaunch and reinstalled growth of WCM
over the past year under the CEO's leadership. Mr. Efremidis has become a
member of the Executive Board in September 2014 and has been appointed CEO
in September 2015.

As of 5 May 2016, Ralf Struckmeyer joined the Executive Board of WCM and
took over the responsibilities of Frank Roseen who left the company. In his
new role, Mr. Struckmeyer will be responsible for Finance. Mr. Struckmeyer
accompanied the organisation since its relaunch at the end of 2014 and has
extensive experience in the real estate sector. In his previous role, Mr.
Struckmeyer was responsible for M&A and Corporate Finance at WCM.

Rainer Laufs, Chairman of the Supervisory Board, says: "With Ralf
Struckmeyer, the Executive Board will benefit from a proficient expert in
finance and real estate transactions. Frank Roseen left the Executive Board
of WCM in a mutual agreement as of 5 May 2016. He will return to his home
country Sweden to devote his time to new professional challenges. The
Supervisory Board would like to thank Frank Roseen for his valuable
contribution during the company's extension phase."

About WCM AG

WCM Beteiligungs- und Grundbesitz-AG (WCM AG), with headquarters in
Frankfurt am Main, is a specialised commercial real estate company. As a
real estate proprietor, the focus is on long-term rental of high-quality
office and retail properties in the major office locations in Germany.
Since the operational restart in 2014, WCM AG has focused on an extensive
network for the acquisition of properties as well as on value-creating
asset management, in order to generate attractive long-term rental income
and a steady cash flow. The portfolio has a gross asset value of more than
EUR 500 million. The company has extensive loss carry forwards in corporate
and commercial tax. Shares of WCM AG are listed in the SDAX of Deutsche
Borse since 21 December 2015.

Press contact:

edicto GmbH
Axel Mühlhaus/ Dr. Sönke Knop
[phone]
[e-mail]


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06.05.2016 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.

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Language: English
Company: WCM Beteiligungsund Grundbesitz-AG
Bleichstr. 64-66
60313 Frankfurt am Main
Germany
Phone: [phone]
Fax: [phone]
Internet: www.wcm.de
ISIN: DE000A1X3X33, SDAX
WKN: A1X3X33
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime
Standard), Hamburg, Stuttgart; Regulated Unofficial Market
in Munich


End of News DGAP News Service
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