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Braas Monier Building Group S.A.: Pepyn Dinandt to resign in June 2016 as Executive Director and CEO of Braas Monier Building Group S.A.

Braas Monier Building Group S.A. / Key word(s): Change of Personnel
10.08.2015 08:38

Dissemination of an Ad hoc announcement according to ยง 15 WpHG, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Pepyn Dinandt to resign in June 2016 as Executive
Director and CEO of Braas Monier Building Group S.A.
Luxembourg, 10 August 2015. Pepyn Dinandt (53), Executive Director and CEO of Braas Monier Building Group S.A., has informed the company that he does not intend to seek a renewal of his appointment as Group CEO, expiring 30 June 2016, in order to pursue new professional challenges.
The company's Board of Directors will now initiate the search for a successor for Pepyn Dinandt, who will continue to manage the company until a successor is in place and ensure a frictionless handover.
Under Pepyn Dinandt's leadership over the past seven years, Braas Monier Building Group significantly strengthened its position as a leading manufacturer and supplier of pitched roof products, chimneys and energy systems. Together with the Senior Management team he successfully led the company through two economic downturns and improved its operational and financial profile materially. The company today is in an excellent position to fully concentrate on implementing its ambitious growth strategy, supported by the Board of Directors and the entire Management team at Braas Monier.

Pierre-Marie De Leener, Chairman of the Board of Directors, thanked Pepyn Dinandt wholeheartedly for the seven years he devoted to the success of Braas Monier Building Group and the achievements he has made to position the company for future growth.




Information and Explaination of the Issuer to this News:
Pepyn Dinandt has been the CEO of Braas Monier Building Group since July 2008. In addition to the regions and business lines, he is responsible for the central functions Corporate Office and Compliance, HR and Health & Safety, Group Communications and Investor Relations, Sales & Marketing, Strategy and special projects.

Pepyn Dinandt has a Degree in economics from the University of Wales and started his career at Hewlett Packard before moving to McKinsey & Company. He then held a number of management positions in various industrial companies, including that of CEO at Mannesmann Plastics Machinery GmbH.

About Braas Monier
Braas Monier Building Group is a leading manufacturer and supplier of pitched roof products in Europe, parts of Asia and South Africa. The Group covers all steps of the manufacturing process, offering a comprehensive range of concrete and clay tiles for pitched roofs and is one of the few suppliers to also manufacture and sell complementary roofing components designed to cover various functional aspects of pitched roof construction. The portfolio also includes ceramic and steel chimneys and energy system solutions. Braas Monier had operations in 37 countries and 115 production facilities and employed around 7,600 people as at 30 June 2015. The Company is headquartered in Luxembourg.

Contact
Achim Schreck 
Director Group Communications / Investor Relations Braas Monier Building Group

Tel: +49 6171 61 28 59
E-mail: achim.schreck@monier.com
Website: www.braas-monier.com

10.08.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:     English
Company:      Braas Monier Building Group S.A.
              4, rue Lou Hemmer
              1748 Senningerberg
              Grand Duchy of Luxembourg
Phone:        
Fax:          
E-mail:       
Internet:     www.braas-monier.com
ISIN:         LU1075065190
WKN:          BMSA01
Indices:      SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart,               Tradegate Exchange
 
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