Azerion announces proposed changes to its Supervisory Board
September 27 2023 - 12:30AM
Azerion announces proposed changes to its Supervisory Board
Amsterdam, 27 September 2023 –
Since the start of 2022, Azerion has seen a period of significant
transformation and growth including its listing on Euronext
Amsterdam, the completed sale of the Youda card games portfolio and
the recently announced placement of EUR 165 million of senior
secured floating rate bonds.
Following their successful stewardship
throughout this period, Azerion today announces the decision of
Peter Tordoir (Chairman) and Derk Haank to step down from Azerion’s
Supervisory Board. Both decisions to step down are expected to take
effect as from the date of an Extraordinary General Meeting (“EGM”)
to be convened as soon as is reasonably practicable to appoint the
proposed new Supervisory Board members described below.
As Azerion prepares for the next stage of its
growth plan and the business continues to scale into becoming one
of Europe’s largest digital advertising and entertainment media
platforms, Azerion is delighted to welcome Zafer Karataş and Wim de
Pundert as proposed new Supervisory Board members. Further details
relating to both proposed Supervisory Board members and the
arrangements for the EGM are expected to be published shortly. A
new Chairperson will be appointed by the Supervisory Board in due
course.
Commenting on the proposed changes, Umut
Akpinar, CEO Azerion said “I would like to take this opportunity to
thank Peter Tordoir and Derk Haank for their invaluable
contribution to the success of Azerion and, in particular, during
its initial phase as a listed company. We will be pleased to
welcome Zafer Karataş and Wim de Pundert as new Supervisory Board
members bringing additional commercial, industry and capital
markets experience to the Board.”
Background on proposed new Supervisory
Board members
Zafer Karataş brings extensive experience in
Business Management, M&A, Reorganizations and Financial Audit.
He is currently Chairman of the Board of technology company
MeritGrup and a Supervisory board member of DVA Bilisim and Most
Teknoloji.
Wim de Pundert has been active as an investor
and entrepreneur since the early 1990s, including through the use
of buy and build and market consolidation strategies. De Pundert
founded HTP Investments, a shareholder of Azerion, together with
Klaas Meertens. He is also a member of the supervisory board of
Knaus Tabbert AG, a European manufacturer of caravans and mobile
homes listed on the Frankfurt Stock Exchange.
About AzerionFounded in 2014,
Azerion (EURONEXT: AZRN) is one of Europe’s largest digital
advertising and entertainment media platforms. We bring global
scaled audiences to advertisers in an easy and cost-effective way,
delivered through our proprietary technology, in a safe, engaging,
and high quality environment, utilizing our strategic portfolio of
owned and operated content with entertainment and other digital
publishing partners.
Having its roots in Europe and with its
headquarters in Amsterdam, Azerion has commercial teams based in
over 26 cities around the world to closely support our clients and
partners to find and execute creative ways to make a real impact
through advertising.
For more information visit: www.azerion.com
Contact:Investor Relationsir@azerion.com
Mediapress@azerion.com
This communication contains information
that qualifies as inside information within the meaning of Article
7(1) of the EU Market Abuse Regulation.
Azerion Group NV (EU:AZRN)
Historical Stock Chart
From Sep 2024 to Oct 2024
Azerion Group NV (EU:AZRN)
Historical Stock Chart
From Oct 2023 to Oct 2024