EANS-Adhoc: C.A.T. oil AG Resignation of Anna Brinkmann and termination of
management board employment contracts by Manfred Kastner, Ronald Harder and
Leonid Mirzoyan
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ad-hoc disclosure pursuant to section 15 of the WpHG 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)
22.12.2014
Vienna, 22 December 2014 - Anna Brinkmann, member of the management board and
Chief Operating Officer of C.A.T. oil AG (O2C, ISIN: AT0000A00Y78; "the
Company"),has,in agreement with the supervisory board, resigned from the
Company's management board with immediate effect. She has decided to take this
step in order to be able to exercise her rights as significant shareholder
without concern for any potential conflict of interest with regard to the
mandatory offer for C.A.T. oil AG shares published by Joma Industrial Source
Corp. ("Joma") on 11 December 2014.
Moreover, the management board members Manfred Kastner (Chief Executive
Officer), Ronald Harder (Chief Financial Officer) and Leonid Mirzoyan (Chief
Corporate Finance Officer) have, with acceptance by the supervisory board, today
terminated their management board employment contracts with effect from 31 March
2015 by exercising their change-of-control termination rights. Background of
this decision is the acquisition of control by Joma published on 31 October 2014
upon which the mandatory offer, which was published on 11 December 2014, is
based on. Manfred Kastner, Ronald Harder and Leonid Mirzoyan will perform their
services and responsibilities to the full benefit of the Company as well as its
shareholders, customers and employees until 31 March 2015.
The Supervisory Board will take necessary steps to secure the proper continuity
of the Company's operations beyond 31 March 2015.
C.A.T. oil AG
Kaerntner Ring 11-13
A-1010 Vienna
Austria
Ticker symbol: O2C
ISIN: AT0000A00Y78
Common Code: 025162498
Listing: Official Market / Prime Standard, Frankfurt Stock Exchange
www.catoilag.com
End of Ad hoc-Release
Further inquiry note:
Carolin Amann Tel: +49(0)69-92037-132 Email: carolin.amann@fticonsulting.com
Steffi Susan Kim Tel: +49(0)69-92037-115 Email: steffi.kim@fticonsulting.com
end of announcement euro adhoc
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issuer: C.A.T. oil AG
Kärntner Ring 11-13
A-1010 Wien
phone: +43(0) 1 535 23 20 - 0
FAX: +43(0) 1 535 23 20 - 20
mail: ir@catoilag.com
WWW: http://www.catoilag.com
sector: Oil & Gas - Upstream activities
ISIN: AT0000A00Y78
indexes: SDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt
language: English
