Juhani Anttila will not stand for re-election as Chairman of the Board at the Annual General Meeting 2017. Andreas Umbach proposed to be elected as his successor.
Juhani Anttila has informed the Board of Directors that he will not stand for re-election both as Chairman and as a member of the Board of Ascom Holding AG at the upcoming Annual General Meeting on 19 April 2017 after fifteen years of service. Until the end of his term of office on 19 April 2017, he will continue with all duties incumbent on him as Chairman of the Board of Directors.
The Board of Directors proposes to the shareholders to elect Andreas Umbach as new Chairman of the Board of Ascom Holding AG. Andreas Umbach has been a member of the Board of Ascom Holding AG since 2010 and is Chairman of the Compensation Committee. The Board of Directors is convinced that with the nomination of Andreas Umbach the continuity in the Board and the support of the new management as well as the further execution of the announced strategy is ensured.
This document does not constitute an offer or solicitation to subscribe for, purchase or sell any securities. This document is not being issued in the United States of America or the United Kingdom and should not be distributed in any jurisdiction in a manner where such distribution would not comply with regulatory requirements. In particular, this document may not be distributed into the United States, to United States persons or to publications with a general circulation in the United States. In addition, the securities of Ascom have not been and will not be registered in any jurisdiction outside Switzerland. The securities of Ascom may not be offered, sold or delivered and no solicitation to purchase such securities may be made within the United States or to U.S. persons absent an applicable exemption from the registration requirements of the United States securities laws or within any other jurisdiction and in a manner where such offer, sale, delivery or solicitation might not be in compliance with regulatory requirements (including the United Kingdom).