DI Walter Stephan (CEO) was revoked from the management board with immediate effect.

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
Management Changes/C.E.O. Interviews

In the supervisory board meeting, held on May 24, 2016, Mr. Walter Stephan (CEO)
was revoked by the supervisory board as chairman of the management board of FACC
AG with immediate effect for important reason. The supervisory board came to the
conclusion, that Mr. Walter Stephan has severely violated his duties, in
particular in relation to the "Fake President Incident". 
Mr. Robert Machtlinger was appointed as interim CEO of FACC AG.

Further inquiry note:
Investor Relations:
Manual Taverne
Director Investor Relations
Mobil: 0664/801192819
E-Mail: m.taverne@facc.com

end of announcement                               euro adhoc 

issuer:      FACC AG
             Fischerstraße 9
             A-4910 Ried im Innkreis
phone:       +43/59/616-0
FAX:         +43/59/616-81000
mail:     office@facc.com
WWW:      www.facc.com
sector:      Industrial Components
ISIN:        AT00000FACC2
stockmarkets: Regulated free trade: Wien 
language:   English

Original-Content von: FACC AG, übermittelt durch news aktuell

Weitere Meldungen: FACC AG

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