Atrium European Real Estate Limited
EANS-Adhoc: Atrium European Real Estate Limited
MODIFICATION OF AN ALREADY
DISCLOSED INSIDE INFORMATION - ATRIUM CONFIRMS APPOINTMENT OF NEW CEO
-------------------------------------------------------------------------------- Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Board of Directors (Appointments and Changes) 23.02.2017 MODIFICATION OF AN ALREADY DISCLOSED INSIDE INFORMATION ATRIUM CONFIRMS APPOINTMENT OF NEW CEO Ad hoc announcement - Jersey, 23 February, 2017: Further to its ad hoc announcement of 21 December 2016, Atrium European Real Estate Limited (VSE/ Euronext: ATRS) (the "Company" and together with its subsidiaries, the "Group"), announces that Liad Barzilai has, effective today, been appointed, as Chief Executive Officer of the Group. The appointment is in advance of the previously notified date of 31 March, 2017 following an orderly handover of responsibilities, which was able to be accelerated due to Mr Barzilai's extensive existing knowledge of the Group's operations, gained from his almost nine years of association and senior level employment with the Group. Josip Kardun, the former Chief Executive Officer of the Group, has now left the Company. Chaim Katzman, Chairman of Atrium commented: "I am very pleased that Liad has been able to draw on the extensive and in depth knowledge of the Company, which he has gained with Atrium over the last almost nine years, to accelerate the process of him taking the reins of the Group. I have every confidence that he is the right person to lead the Group and to continue to deliver value for our shareholders. I would also like to thank our departing CEO, Josip Kardun, for his contribution to Atrium and wish him luck on his future endeavours." Liad Barzilai, Chief Executive Officer of the Group, commented: "When I accepted the role of Group CEO I had every confidence in Atrium's prospects based on my previous history with the Group. After reacquainting myself with the strong team, I am confident in Atrium's strong foundations that will underpin its future growth. I am very excited to be able to officially step into my new role, slightly sooner than previously anticipated." For further information: Analysts and investors: Ryan Lee +31 (0)615 023 303 rlee@aere.com FTI Consulting Inc.: +44 (0)20 3727 1000 Richard Sunderland, Claire Turvey, Ellie Sweeney atrium@fticonsulting.com The Company is established as a closed-end investment company incorporated and domiciled in Jersey and regulated by the Jersey Financial Services Commission as a certified Jersey listed fund, and is listed on both the Vienna Stock Exchange and the Euronext Amsterdam Stock Exchange. Appropriate professional advice should be sought in the case of any uncertainty as to the scope of the regulatory requirements that apply by reason of the above regulation and listings. All investments are subject to risk. Past performance is no guarantee of future returns. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. Further inquiry note: For further information: FTI Consulting Inc.: +44 (0)20 3727 1000 Richard Sunderland Claire Turvey Ellie Sweeney atrium@fticonsulting.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Atrium European Real Estate Limited Seaton Place 11-15 UK-JE4 0QH St Helier Jersey / Channel Islands phone: +44 (0)20 7831 3113 mail: richard.sunderland@fticonsulting.com WWW: http://www.aere.com sector: Real Estate ISIN: JE00B3DCF752 indexes: Standard Market Continuous stockmarkets: official market: Wien, stock market: Luxembourg Stock Exchange language: English
Original content of: Atrium European Real Estate Limited, transmitted by news aktuell