Peach Property Group announces agenda for the General Meeting to be held on 8 May 2015
In addition to increasing Peach Property Group’s conditional capital from CHF 155’935 to CHF 200’000 for the purpose of exercising conversion rights and/or options, the General Meeting will also be asked to approve the previously announced change in the composition of the Company’s Board of Directors. The proposal is to reduce the number of Board members from six to three and to elect Reto A. Garzetti, who has great property and finance expertise, as the new President of the Board of Directors. As in the previous year, the Board of Directors also proposes not to pay a dividend so as to be able to push ahead with the strategy of continuously and sustainably creating additional value and supporting the Company’s profitable development.
The full agenda for the Annual General Meeting of Peach Property Group AG to be held in Zurich on 8 May 2015 is available on the Company’s website at www.peachproperty.com/gv2015
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
Media, investors and analysts
Dr. Thomas Wolfensberger, Chief Executive Officer and Dr. Marcel Kucher, Chief Financial Officer
+41 44 485 50 00 | firstname.lastname@example.org
edicto GmbH, Axel Mühlhaus, Peggy Kropmanns
Eschersheimer Landstraße 42, 60322 Frankfurt
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