DGAP-News: ENCAVIS AG / Key word(s): Change of Personnel/Change of Personnel
Encavis AG: Changes on the Management Board

27.04.2018 / 12:16
The issuer is solely responsible for the content of this announcement.


Changes on the Management Board of Encavis AG
 
Hamburg, 27 April 2018 - Encavis AG, the Hamburg-based and SDAX-listed operator of solar and wind parks, announces that Holger Götze has resigned from the Management Board by best mutual agreement with effect from 26 April 2018.
 
As part of the takeover of the CHORUS Clean Energy AG ("CHORUS") Holger Götze became a member of the Management Board of Encavis AG in October 2016. During this time, he was amongst others instrumental in successfully integrating CHORUS Clean Energy AG ("CHORUS") into Encavis AG. In this context, he further developed the Asset Management business for institutional clients during the past months and established it within the Encavis Group as a stand-alone business segment.
 
With the completion of the CHORUS-integration into Encavis AG, Holger Götze and the Supervisory Board agreed to early terminate his management contract before maturity on 18 October 2019. "The Supervisory Board and the entire company sincerely thank Holger Götze for contributing to the merger of CHORUS and Capital Stage AG into today's Encavis AG. We wish Holger Götze all the best for his future professional goals," Dr. Manfred Krüper, Chairman of the Supervisory Board of Encavis AG, comments on the management changes.
 
His responsibilities will be assumed by Dr. Dierk Paskert, CEO of Encavis AG since 1 September 2017, and Dr. Christoph Husmann, CFO of Encavis AG since 1 October 2014.

About the Encavis Group:
Encavis AG is one of the leading independent power producers (IPPs) in the field of renewable energy in Europe. The company obtains and runs solar power plants and (onshore) wind farms in Germany and in eight other European countries. The total generation capacity of the Encavis Group is currently over 1.5 gigawatt (GW). With its wind farms and solar parks, the company generates attractive financial returns, as well as very stable income irrespective of economic conditions.
 
Encavis AG also offers it's long-standing experience and market knowledge in the renewable energy segment to institutional investors. Within the Encavis Group, the Encavis Asset Management AG (formerly known as CHORUS Clean Energy AG) is specialized in the business with institutional clients. Furthermore, the Encavis Technical Services GmbH is the Encavis Group's service unit for the technical management of solar parks.
 
Encavis AG is predecessor of the Capital Stage AG and the CHORUS Clean Energy AG. Encavis AG is listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange, on the regulated market of the Hamburg Stock Exchange (ISIN: DE0006095003/WKN: 609500) and on the SDAX of the German Stock Exchange.

Contact:
Encavis AG
Till Gießmann
Head of Investor & Public Relations
------------------------------------------------------------
Große Elbstraße 59
22767 Hamburg

Fon: + 49 40 37 85 62-242
Fax: + 49 40 37 85 62-129
e-mail: till.giessmann@encavis.com
http://www.encavis.com
Twitter: https://twitter.com/encavis


27.04.2018 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: ENCAVIS AG
Große Elbstraße 59
22767 Hamburg
Germany
Phone: +49 4037 85 62 -0
Fax: +49 4037 85 62 -129
E-mail: info@encavis.com
Internet: www.encavis.com
ISIN: DE0006095003, DE000A2GS625
WKN: 609500, A2GS62
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange

 
End of News DGAP News Service

680327  27.04.2018 

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