LUXEMBOURG (dpa-AFX) - Residential property company Gagfah SA (GGFHF.PK), which has agreed to combine with Deutsche Annington Immobilien SE, announced certain expected changes in the composition of its Board owing to the decision to combine with Deutsche Annington.
Chairman Gerhard Zeiler, Hendrik Jellema, and Daniel Just resigned from their offices as members of the Board of Directors of Gagfah.
It is intended to propose Zeiler, Jellema, and Just as new members to the Supervisory Board of Deutsche Annington Immobilien SE.
Additionally, the Board resolved to co-opt Rolf Buch as representative of the majority shareholder and Pierre Berna as independent board member to the Board of Directors. In addition, the Board appointed Dieter Ristau, independent board member, as its new chairman.
The company's board now comprises Dieter Ristau (chairman, independent director), Pierre Berna (independent director), Yves Wagner, Ph.D. (independent director), Rolf Buch and Thomas Zinnoecker.
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