DEAG Deutsche Entertainment Aktiengesellschaft / Key word(s): Change of Personnel 06.11.2015 11:06 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. --------------------------------------------------------------------------- Ad hoc announcement in accordance with § 15 WpHG (German Securities Trading Act) DEAG extends Executive Board contract with CEO and plans business expansion Berlin, November 06, 2015 - The Supervisory Board of DEAG Deutsche Entertainment Aktiengesellschaft (ISIN: DE000A0Z23G6 | WKN: A0Z23G), listed in the Prime Standard of the Frankfurt Stock Exchange, has extended the Executive Board contract with Professor Peter Schwenkow, expiring at the end of 2015, for a period of three years until December 31, 2018. The Executive Board hence continues to include Professor Peter Schwenkow as Chairman of the Executive Board, CEO, Christian Diekmann as CFO/COO and Detlef Kornett as CMO. The division board members Moritz Schwenkow and Jacqueline Zich also continue to supplement the executive Team in future. DEAG Deutsche Entertainment Aktiengesellschaft The Executive Board --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: Explanatory part With the contract extension of Professor Peter Schwenkow as CEO, the continuity of the executive management is ensured together with the members of the Executive Board. This is an important basis for the focussed continuation of the growth strategy. For DEAG the focus will be during the next three years on the further strengthening of its own distribution channel MyTicket, which is established in Germany together with Axel Springer and ProSiebenSat.1. This segment is at present already exceeding expectations. The success of myticket.co.uk testifies to the successful establishment on foreign markets. An expansion to Austria and later on to Switzerland is, therefore, on the agenda. Moreover, the further expansion of the national and international festival business and the enlargement of the Family Entertainment segment with 'Disney on Ice', 'Riverdance', 'Circus Roncalli', 'Night of the Jumps' and the further development of the Classical Music segment are expedited. The Executive Board is, therefore, optimistic that it will be able to gain higher market shares in Germany, Austria, Switzerland and the United Kingdom with its attractive Live Entertainment offering in conjunction with own customer and service-oriented distribution channels. Contact for further information: Axel Mühlhaus edicto GmbH Tel: +49-69-90 550 552 Email: deag@edicto.de 06.11.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: DEAG Deutsche Entertainment Aktiengesellschaft Potsdamer StraÃe 58 10785 Berlin Germany Phone: +49-30-810 75-0 Fax: +49-30-810 75-519 E-mail: deag@edicto.de Internet: www.deag.de ISIN: DE000A0Z23G6 WKN: A0Z23G Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: DEAG Deutsche Entertainment Aktiengesellschaft extends Executive Board contract with CEO and plans business expansion
| Source: EQS Group AG