08.05.2015 – 19:07

Peach Property Group AG

EQS-Adhoc: Peach Property Group AG: Annual General Meeting approves all proposals

EQS Group-Ad-hoc: Peach Property Group AG / Key word(s): AGM/EGM
Peach Property Group AG: Annual General Meeting approves all proposals

08.05.2015 / 19:01
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.

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Press release

Peach Property Group AG: Annual General Meeting approves all proposals

Zurich, 8 May 2015 - The shareholders of Peach Property Group AG, a leading
investor in residential and commercial real estate, approved all proposals
submitted by the Board of Directors with clear majorities at today's Annual
General Meeting. Overall, 56 percent of the company's voting capital was
represented at the meeting.

Among the resolutions adopted by the AGM was the creation of authorised
capital of CHF 2 million and an increase of conditional capital from CHF
155,935 to CHF 200,000. Furthermore, the shareholders approved changes in
the company's bylaws owing to the Swiss Ordinance Against Excessive
Compensation in Listed Companies ("VegüV").

The property and financial expert Reto A. Garzetti (55) was elected as
President of the Board of Directors. The members of the Board nominated for
re-election, Peter E. Bodmer and Dr. Christian De Prati, were re-elected
for one-year terms of office. The previous President of the Board of
Directors, Dr. Corinne Billeter-Wohlfahrt, and the former Board members Dr.
Christian Wenger and Dr. Thomas Wolfensberger did not stand for
re-election. Martin Eberhard had already declared his resignation in March
2015. As a result, the Board of Directors was downsized from six to three
members.

In his capacity as the Group's Chief Executive Officer (CEO), Dr. Thomas
Wolfensberger will concentrate on implementing the strategy to focus on
investment properties and standardised appreciation.

Peach Property Group is therefore ideally positioned for further profitable
growth.

More detailed information on the resolutions adopted by the Annual General
Meeting of Peach Property Group AG is available on the Company's website at
www.peachproperty.com/gv2015

Contacts:

Media, investors and analysts
Dr. Thomas Wolfensberger, Chief Executive Officer and Dr. Marcel Kucher,
Chief Financial Officer
+41 44 485 50 00 |  investors@peachproperty.com


Media Germany
edicto GmbH, Axel Mühlhaus, Peggy Kropmanns
+49 (0) 69 90 55 05 52 |  amuehlhaus@edicto.de

About Peach Property Group AG

Peach Property Group AG is a property investor and developer focused on
investments in Switzerland and Germany. The portfolio includes an
increasing number of investment properties that are designed to generate
sustained income as well as attractive residential development properties.
The Group's activities cover the entire value chain, from site evaluation
to project planning, implementation and marketing. In the investment
segment, the Group is focused on properties with a potential for achieving
attractive yields based on active asset management - typically secondary
locations in the catchment area of urban agglomerations. In the development
segment, the Group concentrates on exceptional locations and properties
with high-end specifications and amenities that meet the requirements of a
demanding clientele.

Peach Property Group AG is headquartered in Zurich and has its German Group
headquarters in Cologne. Peach Property Group AG is listed on the SIX Swiss
Exchange (PEAN, ISIN CH0118530366).

For more information, see www.peachproperty.com
End of ad hoc announcement

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Additional features:

Document: http://n.equitystory.com/c/fncls.ssp?u=FKOSWQIVTV
Document title: Press release

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08.05.2015 News transmitted by EQS Schweiz AG. www.eqs.com - news
archive: http://switzerland.eqs.com/de/News

The issuer is responsible for the contents of the release.

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Language:    English
Company:     Peach Property Group AG
             Seestrasse 346
             8038 Zürich
             Switzerland
Phone:       +41 44 485 50 00
Fax:         +41 44 485 50 11
E-mail:       investors@peachproperty.com
Internet: www.peachproperty.com
ISIN:        CH0118530366
Valor:       A1C8PJ
Listed:      Regulated Unofficial Market in Berlin, Stuttgart; Open
             Market in Frankfurt ; SIX


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