DGAP-Adhoc

ADLER Real Estate AG: Tomas de Vargas Machuca steps down from the Management Board

DGAP-Ad-hoc: ADLER Real Estate AG / Key word(s): Personnel ADLER Real Estate AG: Tomas de Vargas Machuca steps down from the Management Board 02-Nov-2020 / 19:48 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.

 

ADLER Real Estate AG: Tomas de Vargas Machuca steps down from the Management Board

Dissemination of an announcement according to Art. 17 para 1 Market Abuse Regulation, Regulation (EU) No 596/2014 ("MAR").

As of 15 November 2020, Tomas de Vargas Machuca is stepping down from the Management Board of ADLER Real Estate AG. He had been responsible for the company's capital market activities as Chairman of the Executive Committee since 2013, and took over the position of Management Board member and co-CEO in December 2017. Since the middle of the year, more than 95 percent of the shares in ADLER Real Estate AG are owned by ADLER Group S.A., formerly ADO Properties S.A. The other members of the Management Board will remain unchanged, with Maximilian Rienecker as sole CEO and Sven-Christian Frank as COO of the company.

Berlin, 2 November 2020

ADLER Real Estate Aktiengesellschaft

Management Board

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02-Nov-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language:	English
Company:	ADLER Real Estate AG
	Joachimsthaler Straße 34
	10719 Berlin
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.adler-ag.com
ISIN:	DE0005008007, XS1211417362 DE000A1R1A42 DE000A11QF02
WKN:	500800, A14J3Z A1R1A4 A11QF0
Indices:	GPR General Index
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1144870

End of Announcement	DGAP News Service

1144870  02-Nov-2020 CET/CEST