11.05.2017 – 19:06

Peach Property Group AG

EQS-Adhoc: Peach Property Group AG: Annual General Meeting approves all proposals

EQS Group-Ad-hoc: Peach Property Group AG  / Key word(s): AGM/EGM
Peach Property Group AG: Annual General Meeting approves all proposals

11-May-2017 / 19:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
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Press release

Peach Property Group AG:Annual General Meeting approves all proposals

Zurich, 11 May 2017 - The shareholders of Peach Property Group AG, an investor
specialising in the management of residential property in Germany, approved all
proposals submitted by the Board of Directors with clear majorities at the
today's Annual General Meeting in Zurich. Overall, 30 percent of the Company's
voting capital was represented at the meeting.

Among others, the General Meeting has resolved an increase of conditional
capital from CHF 115,893 to CHF 2,250,000. Furthermore, Reto A. Garzetti was
re-elected as President of the Board of Directors. The other two members of the
Board, Peter E. Bodmer and Dr. Christian De Prati, were re-elected as well for
another year term of office.

The shareholders further approved a resolution not to pay a dividend. The funds
shall be invested in the Group's further growth in its core business of
residential property in Germany.

More detailed information on the resolutions adopted by the Annual General
Meeting of Peach Property Group AG is available on the Company's website
atwww.peachproperty.com.

Contacts:

Media, investors and analysts
Dr. Thomas Wolfensberger, Chief Executive Officer and Dr. Marcel Kucher, Chief
Financial Officer
+41 44 485 50 00 |  investors@peachproperty.com


Media Germany
edicto GmbH, Axel Mühlhaus, Peggy Kropmanns
+49 (0) 69 90 55 05 52 |  amuehlhaus@edicto.de


About Peach Property Group AG

Peach Property Group is a property investor and developer focused on investments
in Germany and Switzerland. The Group stands for long time experience,
competence and quality. Innovative solutions for modern housing needs, strong
partnerships and a wide value chain complete the profile of the Group. The
portfolio consists of an increasing number of high yield investment properties,
typically in B-cities in close reach to metropolitan areas. In addition, the
Group develops properties for its own portfolio or for the sale as condominium.
Developments for sale focus on A-locations and encompass attractive architecture
and high level furnishing for an international clientele. The business
activities of the Group cover the entire value chain, from property acquisition
and site selection to active asset management and finally to the sale or lease
of properties.

Peach Property Group AG is headquartered in Zurich and has its German Group
headquarters in Cologne. Peach Property Group AG is listed on the SIX Swiss
Exchange (PEAN, ISIN CH0118530366). Its Board of Directors consists of Reto
Garzetti (President), Peter Bodmer and Dr. Christian De Prati.

For more information, seewww.peachproperty.com

 

Additional features:


Document:http://n.eqs.com/c/fncls.ssp?u=KQQVJIDVJK
Document title: Press Release
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End of ad hoc announcement------------------------------------------------------

Language: English

Company:  Peach Property Group AG

          Seestrasse 346

          8038 Zürich

          Switzerland

Phone:    +41 44 485 50 00

Fax:      +41 44 485 50 11

E-mail:    investors@peachproperty.com

Internet: www.peachproperty.com

ISIN:     CH0118530366

Valor:    A1C8PJ

Listed:   Regulated Unofficial Market in Berlin, Stuttgart; Open Market (Basic
Board) in Frankfurt; SIX Swiss Exchange



 

End of Announcement EQS Group News Service

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572853  11-May-2017 CET/CEST