DGAP-News: Drillisch AG: Personnel Matter


DGAP-News: Drillisch AG / Key word(s): Change of Personnel
Drillisch AG: Personnel Matter

23.03.2016 / 21:05
The issuer is solely responsible for the content of this announcement.

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Maintal, 23 March 2016

It is with great regret that the Supervisory Board had to accept today's
decision of Paschalis Choulidis to resign as member and chair of the
Management Board with effect of 30 June 2016.

Paschalis Choulidis together with his brother Vlasios Choulidis
significantly shaped the company and developed it further. Only recently he
set the course enabling Drillisch playing a major role at eyelevel with
mobile network operators.

The complete Supervisory Board thanks Paschalis Choulidis for his
outstanding entrepreneurial performance regarding the set up of Drillisch
AG since 1998.

Marc Brucherseifer, Chairman of the Supervisory Board of Drillisch AG: "We
have to of course accept this decision for private reasons. We very much
appreciate that Paschalis wants to remain on board by offering to serve as
a member of the Supervisory Board. We would be very glad if the
shareholders would share our view."

Vlasios Choulidis: "Even though this resignation is personally affecting
us, we are convinced that the current Management Board is well prepared for
the future challenges in the light of our long term planning which we will
successfully pursue. I am quite sure that my brother will remain loyal with
the Company."

Drillisch AG
The Supervisory Board and the Management Board




Contact:
Oliver Keil
Head of Investor Relations
Mail: ir@drillisch.de


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23.03.2016 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:     Drillisch AG                                               
                Wilhelm-Röntgen-Straße 1-5                                 
                63477 Maintal                                              
                Germany                                                    
   Phone:       +49 (0)6181 412 218                                        
   Fax:         +49 (0)6181 412 183                                        
   E-mail:      ir@drillisch.de                                            
   Internet:    www.drillisch.de                                           
   ISIN:        DE0005545503                                               
   WKN:         554550                                                     
   Indices:     TecDAX                                                     
   Listed:      Regulated Market in Frankfurt (Prime Standard); Regulated  
                Unofficial Market in Berlin, Dusseldorf, Munich,           
                Stuttgart; Terminbörse EUREX                               
 
 
   End of News    DGAP News Service  
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448507 23.03.2016