Petrus Follows ISS Recommendation

Press Wire ♦ Published: May 26, 2015; 07:57 ♦ (Vindobona)

Petrus Advisers are pleased with the decision by the Institutional Shareholder Service (ISS) to recommend Erich Kandler for the election to the administrative board of conwert Immobilien SE (conwert). We believe Erich Kandler will significantly contribute to conwert’s progress thanks to his exceptional qualifications, experience and reputation.

Petrus Follows ISS Recommendation / Picture: ©

Concurrently, Klaus Umek announces that he will no longer run for a

seat on conwert´s administrative board. He comments: "I accept the
votum of ISS as an advocate of transparency and value creation and
the shareholder democracy´s key voice." ISS has spoken out against
the election of the two candidates with direct ties to key
shareholder MountainPeak and…

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