DGAP-Adhoc: Leoni AG: Dr Andreas Brand resigns from his position as member of Leoni AG's Management Board

| Source: EQS Group AG EQS Group AG 

Leoni AG  / Key word(s): Change of Personnel/Forecast

09.11.2015 13:56

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Dr Andreas Brand resigns from his position as member of Leoni AG's
Management Board
Leoni to generate sales of at least EUR 4.4 billion and EBIT of more than
EUR 130 million in 2015

Nuremberg, 09 November 2015: Leoni AG (ISIN DE 0005408884 / WKN 540888)
announces that Dr Andreas Brand has today consensually resigned from his
position as member of the Management Board with responsibility for the
Wiring Systems Division with immediate effect. The Supervisory Board will
address the succession and future allocation of Management Board
responsibilities on 10 December 2015. The two Management Board members Mr
Dieter Bellé and Dr Frank Hiller will temporarily assume his duties until a
successor is appointed.

Leoni AG will also specify its forecast for 2015 today. The Company will
have generated sales of at least EUR 4.4 billion and earnings before
interest and taxes (EBIT) of more than EUR 130 million at the end of the
financial year. Leoni is currently preparing a package of measures to
return its Wiring Systems Division to the targeted course of
profit-oriented growth.


09.11.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Leoni AG
              Marienstraße 7
              90402 Nürnberg
              Germany
Phone:        +49 (0)911 20 23-234
Fax:          +49 (0)911 20 23-382
E-mail:       veroeffentlichung@leoni.com
Internet:     www.leoni.com
ISIN:         DE0005408884
WKN:          540888
Indices:      MDAX
Listed:       Regulated Market in Frankfurt (Prime Standard), Munich;
              Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg,
              Stuttgart
 
End of Announcement                             DGAP News-Service
 
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