Capital Stage AG: Changes to the Management Board


Capital Stage AG / Key word(s): Change of Personnel/Change of Personnel

18.11.2016 08:45

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Hamburg, November 18, 2016 - Capital Stage, the SDAX-listed solar and wind
park operator based in Hamburg, Germany, gives notice that Prof. Dr.
Klaus-Dieter Maubach, CEO of Capital Stage, today has informed the
Supervisory Board that he will resign from the Management Board with effect
from 31 December 2016 at his own request due to personal and private
reasons only.

Following the successful completion of the takeover offer for CHORUS Clean
Energy by Capital Stage, Mr Maubach therefore did make use of a special
contractually guaranteed right of termination that relates to the event of
a significant change to the shareholder structure of Capital Stage AG. The
Supervisory Board of Capital Stage did take notice and accepted Mr.
Maubach's decision with great regret.

It is the express wish of the Supervisory Board and the main shareholders
represented on the Supervisory Board of Capital Stage that Klaus-Dieter
Maubach will be elected as an additional member of the Supervisory Board at
the next Annual General Meeting of Shareholders of Capital Stage AG.
Klaus-Dieter Maubach has given positive notice that he would meet that
request.

With Dr. Christoph Husmann, CFO of Capital Stage AG, whose appointment to
the Management Board was extended for another three years until September
30, 2020, and Holger Götze, COO of Capital Stage and former CEO of CHORUS
Clean Energy AG, the Management Board of the company continuous to be well
positioned.

About Capital Stage AG:
Since 2009, Capital Stage invests and operates solar power plants and wind
parks in Germany, Austria, France, Finland, UK, Italy, and Sweden.
Including the solar and wind parks acquired and operated in the context of
the asset management activities for third parties, the company's generation
capacity amounts to over 1 GW, making it one of the leading solar and wind
park operators in Europe. The solar and wind parks generate attractive
returns as well as steady and predictable income.

Capital Stage AG is listed in the regulated market (Prime Standard) of the
Frankfurt Stock Exchange and in the regulated market of the Hanseatic Stock
Exchange Hamburg (ISIN: DE0006095003 / WKN: 609500). Since 2014, Capital
Stage AG is listed in the Deutsche Börse selective index SDAX.

For more information, visit www.capitalstage.com

Contact:
Capital Stage AG
Till Gießmann
Head of Investor & Public Relations
Fon.: + 49 (0)40 37 85 62-242
Fax: + 49 (0)40 37 85 62-129
e-mail: till.giessmann@capitalstage.com


18.11.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language: English
Company: Capital Stage AG
Große Elbstraße 59
22767 Hamburg
Germany
Phone: +49 4037 85 62 -0
Fax: +49 4037 85 62 -129
E-mail: info@capitalstage.com
Internet: www.capitalstage.com
ISIN: DE0006095003
WKN: 609500
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg;
Regulated Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart, Tradegate Exchange

End of Announcement DGAP News-Service

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