Atrium European Real Estate Limited

EANS-Adhoc: Atrium European Real Estate Limited
MODIFICATION OF AN ALREADY DISCLOSED INSIDE INFORMATION - ATRIUM CONFIRMS APPOINTMENT OF NEW CEO

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  Disclosed inside information pursuant to article 17 Market Abuse Regulation
  (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
  The issuer is solely responsible for the content of this announcement.
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Board of Directors (Appointments and Changes)
23.02.2017


MODIFICATION OF AN ALREADY DISCLOSED INSIDE INFORMATION 
ATRIUM CONFIRMS APPOINTMENT OF NEW CEO

Ad hoc announcement - Jersey, 23 February, 2017: Further to its ad hoc
announcement of 21 December 2016, Atrium European Real Estate Limited (VSE/
Euronext: ATRS) (the "Company" and together with its subsidiaries, the "Group"),
announces that Liad Barzilai has, effective today, been appointed, as Chief
Executive Officer of the Group.  

The appointment is in advance of the previously notified date of 31 March, 2017
following an orderly handover of responsibilities, which was able to be
accelerated due to Mr Barzilai's extensive existing knowledge of the Group's
operations, gained from his almost nine years of association and senior level
employment with the Group.

Josip Kardun, the former Chief Executive Officer of the Group, has now left the
Company.

Chaim Katzman, Chairman of Atrium commented: "I am very pleased that Liad has
been able to draw on the extensive and in depth knowledge of the Company, which
he has gained with Atrium over the last almost nine years, to accelerate the
process of him taking the reins of the Group.  I have every confidence that he
is the right person to lead the Group and to continue to deliver value for our
shareholders.  I would also like to thank our departing CEO, Josip Kardun, for
his contribution to Atrium and wish him luck on his future endeavours."

Liad Barzilai, Chief Executive Officer of the Group, commented: "When I accepted
the role of Group CEO I had every confidence in Atrium's prospects based on my
previous history with the Group. After reacquainting myself with the strong
team, I am confident in Atrium's strong foundations that will underpin its
future growth. I am very excited to be able to officially step into my new role,
slightly sooner than previously anticipated."


For further information: 

Analysts and investors:
Ryan Lee                                                                  
+31 (0)615 023 303
rlee@aere.com

FTI Consulting Inc.:                                                    
+44 (0)20 3727 1000 
Richard Sunderland, Claire Turvey, Ellie Sweeney
atrium@fticonsulting.com 


The Company is established as a closed-end investment company incorporated and
domiciled in Jersey and regulated by the Jersey Financial Services Commission as
a certified Jersey listed fund, and is listed on both the Vienna Stock Exchange
and the Euronext Amsterdam Stock Exchange. Appropriate professional advice
should be sought in the case of any uncertainty as to the scope of the
regulatory requirements that apply by reason of the above regulation and
listings. All investments are subject to risk. Past performance is no guarantee
of future returns. The value of investments may fluctuate. Results achieved in
the past are no guarantee of future results.


Further inquiry note:
For further information:
FTI Consulting Inc.:
+44 (0)20 3727 1000
Richard Sunderland
Claire Turvey
Ellie Sweeney
atrium@fticonsulting.com

end of announcement                               euro adhoc 
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issuer:      Atrium European Real Estate Limited
             Seaton Place 11-15
             UK-JE4 0QH  St Helier Jersey / Channel Islands 
phone:       +44 (0)20 7831 3113
mail:     richard.sunderland@fticonsulting.com
WWW:      http://www.aere.com
sector:      Real Estate
ISIN:        JE00B3DCF752
indexes:     Standard Market Continuous
stockmarkets: official market: Wien, stock market: Luxembourg Stock Exchange 
language:   English
 

 


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