CHANGE OF KEY PERSONNEL


Tallinn, 2014-06-13 15:39 CEST (GLOBE NEWSWIRE) -- AS Pro Kapital Grupp informs that Chief Financial Officer of the group Ruta Juzulenaite will leave the company at the end of August due to personal reasons and on her own initiative and shall not continue working in the group.

Comment of the Chief Financial Officer of AS Pro Kapital Grupp Ruta Juzulenaite: “I took the responsibility for the financial management of Pro Kapital in 2012, it has been an exciting and evolving period. This is a company with excellent development portfolio and it is a well managed company. I’m grateful for the experience and wish Pro Kapital’s excellent team good luck for the future”. 

Comment of the Chairman of the Management Board of AS Pro Kapital Grupp Paolo Michelozzi: “We thank Ruta for her contribution given and wish her luck for the future. We found the new person for the position of the CFO from inside the group. We are pleased to offer continuous professional development for our long-term employees.”

Angelika Annus (short form CV attached) shall be the new Chief Financial Officer of the group starting 01.09.2014, until now she has worked as financial controller of the group. Angelika Annus has worked at different positions in the group since 1998. Angelika Annus does not hold any shares of AS Pro Kapital Grupp.



Additional information:

Pro Kapital Grupp is a leading Estonian real estate development company with a focus on modern large-scale commercial and residential real estate in the capitals of Estonia, Latvia and Lithuania. Pro Kapital is managed by an experienced team of real estate professionals with more than 15 years of Baltic real estate development experience. Pro Kapital is present in Estonia, Latvia, Lithuania and Germany. Pro Kapital’s audited revenue in 2013 was 12.3 million euros, audited total assets as of 31.12.2013 were 98.3 million euros and audited equity attributable to shareholders was 63.2 million euros. 
 

         Iveta Vanaga
         Head of Investor Relations
         Phone: +37129239064
         E-mail: iveta@prokapital.lv


Attachments

Angelika Annus CV ENG.pdf