EANS-Adhoc: Mood and Motion AG
Ad hoc disclosure within the meaning of section
15 of the Wertpapierhandelsgesetz (WpHG - German Securities Trading Act)
Mood and Motion AG reduces size of its Managing Board
CFO Thomas Schwinger-Caspari leaves the ...
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Company Information
10.03.2009
Frankfurt am Main, March 10, 2009 - By way of a resolution by the Supervisory Board Mood and Motion AG (ISIN: DE0005341408) is parting company with its CFO Thomas Schwinger-Caspari.
"We are creating leaner and faster corporate structures to reinforce and expand our position on the market. These have been adjusted to the current difficult economic environment. This also includes reducing the size of our Managing Board," commented Tom Gläser, Mood and Motion's CEO on the reasons for this step. At the end of December, the Managing Board already resolved an extensive cost cutting program of up to one million euros through to the end of 2009.
Mood and Motion AG is one of the leading international companies for the production of advertising films and TV formats.
end of announcement euro adhoc
Further inquiry note:
Elinor Zervoulacos de la Forge
Member of the Managing Board
MOOD AND MOTION AG
Telephone: +49 (0) 69 94 33 14 61
Branche: Cinema
ISIN: DE0005341408
WKN: 534140
Index: CDAX, Classic All Share, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / free trade