PVA TePla AG / Dissemination of a Voting Rights Announcement transmitted by DGAP
Having reached the age of 65, Mr. Martin Gier is retiring from the Management Board of PVA TePla on 24 August 2005, in accordance with the articles of association. Implementation of the German Corporate Governance Code is another reason why this age limit is specified in the company statutes. The CEO,
PVA TePla AG / Directorate change
Ad-hoc-Announcement according to § 15 WpHG transmitted by EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Having reached the age of 65, Mr. Martin Gier is retiring from the
Management Board of PVA TePla on 24 August 2005, in accordance with the
articles of association. Implementation of the German Corporate Governance
Code is another reason why this age limit is specified in the company
statutes.
The CEO, Mr. Peter Abel, will assume temporary responsibility for the
“Plasma Systems” division hitherto headed by Mr. Martin Gier, while Mr.
Volker Lang will be provisionally accountable for the “Crystal Growing”
division in addition to the “Vacuum Systems” he already heads.
Mr. Martin Gier will continue to work for the PVA TePla Group until the end
of the year, after which he will act in an advisory capacity.
The end of the 2005 business year will also mark the termination of the
directorship agreement with Mr. Volker Lang. The Supervisory Board, with
the full consent of Mr. Volker Lang, will use this opportunity to reduce
the size of the Group Management Board, with concurrent strengthening of
the divisional structure. With effect from 1 January 2006, Mr. Volker Lang
will head the largest division, “Vacuum Systems”, as divisional manager.
Dr. Andreas Mühe, currently managing director of the wholly-owned
subsidiary Crystal Growing Systems GmbH (CGS), will head the “Crystal
Growing Systems” division, with Mr. Peter Abel heading the “Plasma Systems”
division until a new divisional manager is appointed.
The Supervisory Board and fellow Management Board members thank Mr. Martin
Gier expressly for his enormous dedication and commitment to the company
and for his work as member of the Management Board, wishing him all the
best for the future.
Contact: Peter Banholzer (IR Manager)
Fon: +49 / (0)6441 / 5692-342
eMail: peter.banholzer@pvatepla.com
EquityStory AG 24.08.2005
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language: English
emitter: PVA TePla AG
Emmeliusstr. 33
35614 Asslar Deutschland
phone: +49 (0)89 905 03-106
fax: +49 (0)89 905 03-147
email: ir@pvatepla.com
WWW: www.pvatepla.com
ISIN: DE0007461006
WKN: 746100
indexes: CDAX, PRIMEALL, TECHALLSHARE
stockmarkets: Geregelter Markt in Frankfurt; Freiverkehr in Berlin-Bremen,
Hannover, Hamburg, Düsseldorf, Stuttgart
End of News EQS News-Service
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