Paris, October 25, 2017
Permanent information
Cegereal
Press Release
The Board of Directors met on Wednesday, October 25 at 5 p.m. and decided to terminate Raphaël Tréguier's role as Chief Executive Officer of CeGeReal.
The Board of Directors reviewed the situation of the company and confirmed the strategy to be pursued. Nevertheless, due to differences in opinion between the Board of Directors and the Chief Executive Officer as to the company's priorities with respect to the execution of this strategy, the Board of Directors decided to remove Raphaël Tréguier from his position as Chief Executive Officer of CeGeReal.
The Board of Directors thanks Raphaël Tréguier for all the work done during the last ten years, which has enabled CeGeReal to further strengthen its fundamentals and prepare for its continued development.
Pending the appointment of a new Chief Executive Officer, the Board asked Jérôme Anselme, current Deputy Chief Executive Officer, to perform, as of today and on a temporary basis, the duties of Chief Executive Officer.
For more information, contact:
Media Relations Alexandre Dechaux / +33 1 53 32 84 77 alexandre.dechaux@citigate.fr | Investor Relations Charlotte de Laroche charlotte.delaroche@cegereal.com |
About Cegereal
Created in 2006, Cegereal is a commercial property company that invests in prime office properties in Greater Paris. The portfolio's appraisal value is estimated at €1,144 million as of June 30, 2017 (replacement value).
From an environmental point of view, Cegereal's portfolio benefits from the "Green Star" rating in the international benchmark GRESB.
Cegereal is a REIT listed on Euronext Paris since 2006, in compartment B (ISIN: FR0010309096). The Company had a market capitalization of €500 million on October 24, 2017.
www.cegereal.com.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Cegereal SA via Globenewswire