DGAP-News: publity AG expands Executive Board with Stephan Kunath as CFO

Press Release

publity AG expands Executive Board with Stephan Kunath as CFO

Frankfurt/Main, 08/09/2020 - The Supervisory Board of publity AG (Scale, ISIN DE0006972508) has appointed Stephan Kunath (34) as an additional member of the Executive Board with effect from 1 October 2020. Kunath will be responsible for finances as CFO. Thus, the Executive Board of publity AG will in future consist of three members: CEO Thomas Olek, COO Frank Schneider and Stephan Kunath as CFO. With the expansion of the Executive Board, publity underlines the company's dynamic growth course.

Stephan Kunath has been working for publity AG in different positions since 2010 and thus has many years of professional experience in the company. His last position was Managing Director of Business Administration.

Hans-Jürgen Klumpp, Supervisory Board Chairman of publity AG, comments: "We are pleased to be able to appoint Stephan Kunath, a true 'publity native', to the Executive Board. Thanks to his many years of employment at publity AG, Stephan Kunath is very familiar with the internal processes, which, in combination with his commercial expertise, is a great benefit for the company".

Press Contact:
Financial Press and Investor Relations:
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About publity
publity AG ("publity") is an asset manager and investor specialised in office real estate in Germany. The company covers the core of the value chain from the acquisition to the development and the sale of real estate. With over 1,100 transactions in the past seven years, publity is one of the most active players in the real estate market. Currently, the company manages a portfolio with a value of over five billion euros. publity is characterized by a sustainable network in the real estate industry and in the Work-Out departments of financial institutions. With very good access to investment funds, publity handles transactions rapidly with a highly efficient process and proven partners. On a case-by-case basis, publity participates as co-investor in joint venture transactions to a limited extent. The shares of publity AG (ISIN DE0006972508) are traded on the Scale segment of Deutsche Börse.