PUMA AG Rudolf Dassler Sport

EANS-Adhoc: PUMA AG Rudolf Dassler Sport
PUMA AG to convert into a Societas Europaea (SE)- Jochen Zeitz to become Executive Chairman of PUMA SE Board

@@start.t1@@--------------------------------------------------------------------------------   ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro   adhoc with the aim of a Europe-wide distribution. The issuer is solely   responsible for the content of this announcement. --------------------------------------------------------------------------------@@end@@

Company Information

18.10.2010

AD-HOC RELEASE

PUMA AG to convert into a Societas Europaea (SE)
                 Jochen Zeitz to become Executive Chairman of PUMA SE Board

Herzogenaurach, Germany, 18 October 2010 - The Sportlifestyle  brand PUMA  will become a core brand of PPR´s new Sport & Lifestyle Division.  In  the  framework of the next phase of its corporate development, PUMA AG intends to adopt  a  new legal form by transforming into a European Corporation, PUMA SE. As part of  the transformation, PUMA intends to convert its  current  two-tier  board structure with a management board and a supervisory board to  the   internationally  common structure  of  a  one-tier  Board.   Additionally,  managing  directors  will  be responsible for the general management of PUMA SE.

The annual general meeting of Puma AG will be asked to vote  on  the change  of corporate form in April 2011.

Upon the conversion into an SE, Jochen Zeitz will become Executive   Chairman  of the PUMA SE Board. In the meantime, while all  necessary preparations  will  be taken, Mr. Zeitz will remain in his current role until a new  CEO  of  PUMA  has been appointed. Thereupon Jochen Zeitz will assume the new position as  head  of PPR´S new Sport & Lifestyle Division.

Contact:

Ulf Santjer - Corporate Communications - PUMA AG - +49 9132 81 2489 - Mobile +49 170 56 58 228 - ulf.santjer@puma.com

Kerstin Neuber - Corporate Communications - PUMA AG - +49 9132 81 2984 - Mobile +49 170 56 26 763 kerstin.neuber@puma.com

@@start.t2@@end of announcement                                                 euro adhoc
--------------------------------------------------------------------------------@@end@@

ots Originaltext: PUMA AG Rudolf Dassler Sport
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Ulf Santjer

Telefon: +49 (0)170 56 58 228

E-Mail: ulf.santjer@puma.com

Branche: Consumer Goods
ISIN:      DE0006969603
WKN:        696960
Index:    Midcap Market Index, MDAX, CDAX, Classic All Share, HDAX,
              Prime All Share
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / free trade
              Hamburg / free trade
              Stuttgart / free trade
              Düsseldorf / free trade
              Hannover / free trade
              München / regulated dealing



Weitere Meldungen: PUMA AG Rudolf Dassler Sport

Das könnte Sie auch interessieren: