EQS-Adhoc: AUSTRIACARD HOLDINGS AG: SUPERVISORY BOARD OF THE COMPANY RESOLVES UPON
EQS-Ad-hoc: AUSTRIACARD HOLDINGS AG / Key word(s): Miscellaneous
AUSTRIACARD HOLDINGS AG: SUPERVISORY BOARD OF THE COMPANY RESOLVES UPON
21-Jun-2023 / 20:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS
Group AG.
The issuer is solely responsible for the content of this announcement.
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AUSTRIACARD HOLDINGS AG: SUPERVISORY BOARD OF THE COMPANY RESOLVES UPON
PROLONGATION OF THE MANAGEMENT BOARD MANDATE OF P. SPYROPOULOS,
ENLARGEMENT OF THE MANAGEMENT BOARD AND AMENDMENTS TO THE EXISTING
MANAGEMENT PARTICIPATION PROGRAMS OF THE SUBSIDIARIES AND ASSUMPTION OF
THESE PROGRAMS BY AUSTRIACARD HOLDINGS AG
Public disclosure of inside information according to article 17 MAR
Vienna, this 21 June 2023
The supervisory board of AUSTRIACARD HOLDINGS AG resolved in the
supervisory board meeting held on 21 June 2023 to prolong the management
board mandate of Panagiotis Spyropoulos, until 30 June 2027. The
supervisory board also resolved to enlarge the management board of the
company, currently consisting of Mr. Nikolaos Lykos, Executive Chairman of
the Management Board and Panagiotis Spyropoulos, Vice-Chairman of the
Management Board and Group CEO, by four additional members. Effective 1
July 2023, in addition to the existing two members of the management
board, Emmanouil Kontos, Burak Bilge, Jon Neeraas and Markus Kirchmayr,
are appointed as members of the management board.
Emmanouil Kontos, born 2 December 1971, is currently managing director of
several legal entities of the group in the CEE region and former managing
director of INFORM P. LYKOS HOLDINGS S.A. As Deputy Group CEO and
Executive Vice President CEE region, he will be additionally responsible
for M&A, marketing & communication and change management and will continue
to drive the growth of the group’s entire product portfolio in the CEE
region. Emmanouil Kontos joined the group in 2018 and previously held
leadership positions in markets including Europe, MEA and USA in general
management, finance and business development for Colgate Palmolive,
General Mills, Hellenic Bottling Company and Korres Natural Products.
Burak Bilge, born 23 May 1975, is managing director of the group company
Austria Card Turkey kart Operasyonlari AS, Turkey. As Executive Vice
President Turkey / Middle East and Africa, he will assume responsibility
for these markets and further drive the growth of the group’s entire
product portfolio in the MEA region. Burak Bilge joined the group in 2013
and previously served as director of international business at Garanti
Bank Payment Systems and global manager of payment systems and innovation
at Erste Group based in Vienna.
Jon Neeraas, born 5 December 1966, has been heading the TAG Systems Brand
within the AUSTRIACARD HOLDINGS AG group. He will now assume the role of
Executive Vice President, Western Europe, UK, Nordics and Americas and
will drive the growth of the group’s entire product portfolio in these
regions. Jon Neeraas has been in the payment card and personalization
business since 1991 and joined the group in 2019. Previously, Jon Neeraas
was co-founder and CEO of TAG Systems Group.
Markus Kirchmayr, born 21 November 1980, who already holds the position as
Group CFO of AUSTRIACARD HOLDINGS AG, will continue leading the finance,
internal control and compliance divisions as a member of the management
board of AUSTRIACARD HOLDINGS AG. Markus Kirchmayr has been working for
the Group in various management positions since 2015 and was previously
manager at KPMG and head of group consolidation at the listed company
Conwert Immobilien Invest SE. Markus Kirchmayr is a qualified auditor, tax
advisor and certified IFRS accountant.
From 1 July 2023, the management board of AUSTRIACARD HOLDINGS AG will
thus consist of the following members:
• Nikolaos Lykos, Executive Chairman of the Management Board
• Panagiotis Spyropoulos, Vice Chairman & Group CEO
• Emmanouil Kontos, Deputy CEO and Executive Vice President CEE
• Burak Bilge, Executive Vice President Turkey / Middle East and Africa
• Jon Neeraas, Executive Vice President Western Europe, UK, Nordics and
Americas
• Markus Kirchmayr, Group CFO
The detailed CVs of all members of the management board will shortly be
available on the website of AUSTRIACARD HOLDINGS AG.
Further, the supervisory board resolved that the management participation
programs previously existing at the level of subsidiaries of AUSTRIACARD
HOLDINGS AG, namely INFORM P. LYKOS HOLDINGS S.A. and AUSTRIA
CARD-Plastikkarten und Ausweissysteme Gesellschaft m.b.H. – of which that
of INFORM P. LYKOS HOLDINGS S.A. has already been transferred to
AUSTRIACARD HOLDINGS AG in the course of the merger of INFORM P. LYKOS
HOLDINGS S.A. and AUSTRIACARD HOLDINGS AG with effect as of 17 March 2023
– will now be adapted and taken over, by AUSTRIACARD HOLDINGS AG, as
resolved in the supervisory board meeting held on 21 September 2022 and as
outlined in the prospectus on pages 119 et seq. In the course of the
adaption, among other minor adjustments, the number of share options due
upon target achievement will be reduced by 20% compared to the initial
programs. Furthermore, according to the now cumulated and amended share
option program, only the company – and no longer the respective
beneficiaries – will have the right to make a cash settlement instead of
issuing shares. The supervisory board has commissioned a corresponding
adaption of the remuneration policy of AUSTRIACARD HOLDINGS AG.
The management board members Panagiotis Spyropoulos, Emmanouil Kontos, Jon
Neeraas and Markus Kirchmayr are, as before, also beneficiaries of the
adapted management participation program.
ABOUT AUSTRIACARD HOLDINGS AG
AUSTRIACARD HOLDINGS AG, headquartered in Vienna, with an international
presence, is one of the leading providers of Secure Digital Technology
Solutions in Europe.
AUSTRIACARD HOLDINGS AG is the one of the leading B2B providers of smart
cards, personalization and payment solutions, as well as secure data
management and digitalization solutions, in Austria, Scandinavia, Central
and Eastern Europe and South Eastern Europe, while also having significant
market share in many other European countries and Türkiye. The group is
expanding fast in geographical areas outside Europe, such as the USA where
it has established a new personalization center, and the Middle East &
Africa where sales units have been developed that have already drawn
significant new business. In addition, the company has become a payment
products and solutions partner of choice for challenger banks/neo banks, a
growing market segment world-wide.
The company has a very strong pan-European operational footprint, reaching
from the United Kingdom to Greece and Türkiye, with seven production
facilities and seven personalization centers in Europe, as well as an
additional personalization center in USA, employing currently around 2,500
people. It also has sales offices in Norway, Czech Republic, Germany,
Croatia, Serbia, Jordan, the UAE and a network of partners and selling
agencies around the world. This footprint enables the provision of a high
service level to our customers, confirmed by the very long-lasting
business relationships. The group’s international customer base benefits
from a complementary product and services and solutions offering ranging
from bill printing, direct mailing and document processing to payment,
transit and ID cards increasingly bundled with online, mobile and
digitalization transformation solutions.
Issuer: AUSTRIACARD HOLDINGS AG
Lamezanstraße 4-8
1230 Vienna
Austria
Contact person: Dimitris Tzelepis
Tel.: +43 1 61065 – 357
E-Mail: d.tzelepis@austriacard.com
Website: www.austriacard.com
ISIN(s): AT0000A325L0
Stock Exchange(s): Vienna Stock Exchange (prime market), Athens Exchange
(main market)
End of Inside Information
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21-Jun-2023 CET/CEST News transmitted by EQS Group AG. www.eqs.com
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Language: English
Company: AUSTRIACARD HOLDINGS AG
Lamezanstraße 4-8
1230 Vienna
Austria
E-mail: ac.contact@austriacard.com
Internet: https://www.austriacard.com/
ISIN: AT0000A325L0
WKN: A3D5BK
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1662627
Notierung vorgesehen, intended to be listed;
End of Announcement EQS News Service
1662627 21-Jun-2023 CET/CEST
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