DGAP-Adhoc

Tele Columbus AG: Prolongation of Management Board contracts

Tele Columbus AG / Key word(s): Contract

11.10.2016 19:08

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

The Supervisory Board of Tele Columbus AG (ISIN: DE000TCAG172, WKN: TCAG17)
agreed with the Company's Chief Executive Officer (CEO) and Chief Financial
Officer (CFO) on the prolongation of their management contracts ahead of
time. The contract of CEO Ronny Verhelst will be extended by three years to
September 2019. The contract of Frank Posnanski, CFO of the Company, will
be prolonged by four years to September 2020. Ronny Verhelst started as CEO
of Tele Columbus Group on 1 April 2011 and became CEO and Chairman of the
Management Board of Tele Columbus AG with change of its corporate form on
12 September 2014. Frank Posnanski joined on 1 September 2011 as CFO of
Tele Columbus Group and became CFO and Member of the Management Board of
Tele Columbus AG with change of its corporate form on 12 September 2014.

Contact:

Hannes Lindhuber
Phone [phone]
Fax [phone]
[e-mail]
www.telecolumbus.de


11.10.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

---------------------------------------------------------------------------

Language: English
Company: Tele Columbus AG
Goslarer Ufer 39
10589 Berlin
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.telecolumbus.de
ISIN: DE000TCAG172
WKN: TCAG17
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange

End of Announcement DGAP News-Service

---------------------------------------------------------------------------