VanCamel AG
VanCamel AG: Mr. Jörn Stobbe new Chairman of the Supervisory Board
VanCamel AG / Key word(s): Change of Personnel/AGM/EGM VanCamel AG: Mr. Jörn Stobbe new Chairman of the Supervisory Board – Mr. Jörn Stobbe takes over as Chairman of the Supervisory Board – AGM will be held in Frankfurt am Main, Germany, on 27 August 2014 Hamburg, 9 July 2014 – As proposed by the company, the District Court of Cologne appointed Mr. Jörn Stobbe to the Supervisory Board of VanCamel AG (Prime Standard, ISIN DE000A1RFMM9, VC8) with effect from 1 July 2014. He replaces the previous Deputy Chairman Mr. Ruliang Xie, who had previously stepped down. At its constitutive meeting on 8 July 2014, the Supervisory Board appointed Mr. Stobbe as Chairman. The previous Chairman, Mr. Jianhui Wang, has taken on the role of Deputy Chairman. Mr. Stobbe is a trained bank clerk and lawyer. He is currently a member of the management of RREEF Management GmbH, an asset and wealth management company belonging to Deutsche Bank AG. Before that, Mr. Stobbe was a partner in a well-known international law firm. Mr. Stobbe is Chairman of the Board of the Royal Institution of Chartered Surveyors in Europe. Since 2011 he has been an active member of the Initiative Corporate Governance of the German real estate sector and has extensive experience as a long-standing member and chairman of various supervisory boards. “We are delighted to have gained Mr. Stobbe, a high-calibre manager with international experience and extensive knowledge of the German capital market, for the Supervisory Board of VanCamel AG”, comments Xiaming Ke, founder and Chairman of the Management Board of VanCamel AG. “We are convinced that as Chairman of the Supervisory Board Mr. Stobbe will act as a link between the German capital market and our operating company in China, and play a role in enhancing mutual trust and understanding.” Date set for AGM VanCamel AG’s Annual General Meeting (AGM) will be held in Frankfurt am Main, Germany, on 27 August 2014. The notice of the meeting will be published in good time in the Federal Gazette (Bundesanzeiger) and on the Investor Relations page of the company’s website. In addition, it will be sent to shareholders by their custodian bank. About VanCamel VanCamel AG is the German holding company of an established Chinese fashion label, which employs more than 200 workers in the design, marketing and distribution of own branded apparel, footwear and accessories. VanCamel products address the young, well-funded urban middle-class, particularly targeting male consumers aged between 25 and 40 primarily residing in tier 2 and tier 3 cities, aspiring after upper middle class fashion styles. The prizewinning design of VanCamel’s apparel is made in-house whereas the design of the footwear is outsourced based on the conceptual ideas of VanCamel. The production of both apparel and footwear is completely outsourced to local contract manufacturers. VanCamel is an established national brand with a PRC-wide reach. More than 40 regional distributors supply VanCamel’s products to more than 2,300 authorized retail outlets in 26 provinces throughout China. In fiscal 2013 VanCamel generated revenues of EUR 175.4 million and a net profit of EUR 33.3 million. For further information about the company visit: www.vancamel.de/en For enquiries: VanCamel AG Disclaimer: This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the ‘Order’) or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as ‘relevant persons’). The Shares, which are referred to, are only available to relevant persons and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.
End of Corporate News 09.07.2014 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group 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: | VanCamel AG | |
Ferdinandstraße 25 | ||
20095 Hamburg | ||
Germany | ||
Phone: | 040 689999-0 | |
Fax: | 040 689999-10 | |
E-mail: | ir@vancamel.de | |
Internet: | www.vancamel.de | |
ISIN: | DE000A1RFMM9 | |
WKN: | A1RFMM | |
Listed: | Regulierter Markt in Frankfurt (Prime Standard) | |
End of News | DGAP News-Service |
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