DGAP-News: ORCO Germany S.A. / Key word(s): Change of Personnel ORCO Germany S.A.: Rainer Bormann leaves company 01.02.2011 / 18:03 --------------------------------------------------------------------- Rainer Bormann, the former CEO of ORCO Germany S.A., has withdrawn from his position as member of the board of ORCO Germany as well as from all his mandates as Managing Director of ORCO's subsidiaries. He will be leaving the company on February 1st, 2011. 'We appreciate the drive and contribution of Mr. Bormann to the creation and development of ORCO Germany and we do thank him for his commitment', said Jean-François Ott, CEO of ORCO Germany S.A. 'We wish him well in his future endeavors'. This announcement follows Rainer Bormann's decision not to renew his contract and the subsequent appointment in November 2010 of Mr. Jean-Francois Ott and Mr. Nicolas Tommasini as CEO and Deputy CEO of ORCO Germany S.A. and Mr. Brad Taylor as Director of Corporate and Legal Affairs. About ORCO Germany ORCO Germany S.A. is a property company that is listed in the Prime Standard on the Regulated Market at Frankfurt Stock Exchange and has its registered office in Luxembourg. The ORCO Germany Group, which acts consistently under its registered name of ORCO Germany, has been operating in Germany since 2004 and concentrates on commercial property as well as on asset management and project development. ORCO Germany is a subsidiary of ORCO Property Group, which is one of the leading Central European property companies. The company established in 1991 is based in Luxembourg and has Euronext, Prague, Budapest and Warsaw Stock Exchange listings. For further information, please contact: Kirchhoff Consult AG Sebastian Bucher Herrengraben 1 20459 Hamburg T +49 40 60 91 86 18 F +49 40 60 91 86 60 E sebastian.bucher@kirchhoff.de End of Corporate News --------------------------------------------------------------------- 01.02.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's 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: ORCO Germany S.A. 40, Parc d'Activités Capellen 8308 Capellen GroÃherzogtum Luxemburg Phone: +49 (0)30 390 93 116 Fax: +49 (0)30 390 93 199 E-mail: patricia.jaenisch@orco-gsg.de Internet: www.orcogermany.de ISIN: LU0251710041 WKN: A0JL4D Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Düsseldorf, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 110798 01.02.2011
DGAP-News: ORCO Germany S.A.: Rainer Bormann leaves company
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