Disclosure of an inside information according to Article 17 MAR
The two founders of Mutares AG, Robin Laik and Dr. Axel Geuer, have defined their future cooperation for the successful development of the group. The Supervisory Board and Dr. Geuer have agreed on an amicable termination of Dr. Geuer’s contract as member of the Executive Board. The Supervisory Board has also expressed its thankfulness for the founder’s great merits in building the company.
Dr. Geuer: “Looking at Mutares’ attractive current portfolio, I see tremendous potential for a further increase of the company’s value. Holding more than 26% of the share capital, I want to participate in this investment opportunity. In the future I intend to actively support the company together with the CEO and the Supervisory Board as an advisor.”
Mr. Laik: “I regret any confusion that might have been triggered by the actions and press releases during the past days and I distance myself from them. Over the past ten years Dr. Geuer and myself, we have successfully built up an international group of companies out of a small start-up. I am looking forward to working together with Dr. Geuer in the future.
Both founders and the company’s administration will prepare proposals for an appropriate staffing of the supervisory board that the shareholders will vote on in the re-election of the supervisory board in July 2018.