DGAP-Adhoc: Homag Group AG: Management board change


Homag Group AG  / Key word(s): Change of Personnel

05.03.2015 19:20

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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HOMAG Group AG: Management board change

Schopfloch, March 5, 2015. With effect as of March 31, 2015, the current
CFO of HOMAG Group AG, Mr. Hans-Dieter Schumacher, is leaving the Company
on his own accord by mutual agreement. A corresponding termination of
service agreement was concluded today.

At today's extraordinary meeting, the supervisory board appointed Mr. Franz
Peter Matheis, until now managing director of Schenck RoTec GmbH and
commercial director of the Dürr Group's Measuring and Process Systems
division, as the new CFO of HOMAG Group AG with effect as of April 1, 2015.

With effect as of April 1, 2015, CEO Ralph Heuwing will take over the board
function of Personnel Director at HOMAG Group AG from Hans-Dieter
Schumacher.

Background information
With its 15 specialized production companies, 23 group sales and service
companies and approximately 60 exclusive sales partners worldwide, HOMAG
Group AG's position as a complete system supplier is unique. Backed by a
workforce of some 5,600 employees worldwide, the Company sees itself as the
leading global manufacturer of plant and machinery for the woodworking and
wood materials processing industry and cabinet makers active in the
production of furniture and construction elements as well as timber frame
houses. The Group also offers its customers a wide range of services,
including software and consulting services. Since October 2014 HOMAG Group
AG is a member of the Dürr Group.

Disclaimer
This press release contains certain statements relating to the future.
Future-oriented statements are all those statements that do not pertain to
historical facts and events or expressions pertaining to the future such as
"believes", "estimates", "assumes", "forecasts", "intend", "may", "will",
"should" or similar expressions. Such future-oriented statements are
subject to risks and uncertainty since they relate to future events and are
based on current assumptions of the Company, which may not occur in the
future or may not occur in the anticipated form. The Company points out
that such future-oriented statements do not guarantee the future; actual
results including the financial position and the profitability of the HOMAG
Group as well as the development of economic and regulatory framework
conditions may deviate significantly (and prove unfavorable) from what is
expressly or implicitly assumed or described in these statements. Even if
the actual results of the HOMAG Group including the financial position and
profitability as well as the economic and regulatory framework conditions
should coincide with the future-oriented statements in this announcement,
it cannot be guaranteed that the same will hold true in the future.

Information:

HOMAG Group AG
Kai Knitter
Head of Corporate Communications & Investor Relations
Phone: +49 7443 13-2461
kai.knitter@homag-group.com 
www.homag-group.com


05.03.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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Language:     English
Company:      Homag Group AG
              Homagstr. 3-5
              72296 Schopfloch
              Germany
Phone:        +49 (0)7443 / 13 - 0
Fax:          +49 (0)7443 / 13 - 2300
E-mail:       info@homag-group.com
Internet:     www.homag-group.com
ISIN:         DE0005297204
WKN:          529720
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
              Munich, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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