DGAP-Adhoc: Balda AG: Dirk Eichelberger is leaving Balda AG, Rainer Mohr to succeed


Balda AG / Key word(s): Change of Personnel/Miscellaneous

12.06.2009 13:45

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted

by DGAP – a company of EquityStory AG.

The issuer is solely responsible for the content of this announcement.


Dirk Eichelberger is leaving Balda AG, Rainer Mohr to succeed

– Sole member of the Board of Directors Dr. Dirk Eichelberger is

resigning at the end of the annual general meeting on 3 July 2009

– Rainer Mohr, previously Chief Financial Officer (CFO) of Sovello AG,

will follow as CFO and for the time being as sole member of the Board

of Directors

Bad Oeynhausen, 12 June 2009. – Dr. Dirk Eichelberger (45), since 1

November 2007 Chief Financial Officer and since 1 January 2009 sole member

of the Board of Directors of Balda AG, listed in the Prime Standard of the

Frankfurt Stock Exchange, is leaving the mobile phone supplier effective 3

July 2009 at the end of the annual general meeting.

Eichelberger resigns from Balda AG by mutual agreement against the

background of the realignment of the Balda AG bodies.

Rainer Mohr (51), previously Chief Financial Officer of Sovello AG

(formerly EverQ GmbH), producing solar modules in Bitterfeld-Wolfen,

Saxony-Anhalt, will follow as Chief Financial Officer and for the time

being as sole member of the Board of Directors as of 7 July 2009.

Rainer Mohr, holding a degree in business management, had positions in a

variety of internationally operating industrial companies before joining

Sovello AG as CFO.


Company profile Balda AG

The Balda Group develops and produces highly integrated devices comprising

plastic and electronic components, primarily for the telecommunications

sector. In addition, the company manufactures high-tech equipment such as

headphones and hands-free sets.

The future is derived from past experience. Balda has developed an active

culture of continuous transformation through the traditions established

within the hundred years of its existence. Since its founding, innovation

and technology have been the significant driving forces of progress and the

guarantors of corporate success. Today, Balda is an internationally

positioned high-tech company with innovative products and a high

performance capacity.

Balda AG, which is registered in the Prime Standard on the German Stock

Exchange, services international brand-name clients in the mobile

telecommunications sector, medical technology and other similar markets.

The Group produces close to its customers’ locations in the expanding

growth markets. With three production facilities, the Group has a strong

position in China and Malaysia. Within the framework of a shareholding in a

leading producer of touch screens in China, Balda is participating in the

dynamic development in the touch-sensitive display sector.

The vision was and is clear: Balda will strengthen its technological

innovations potential and further expand in the promising growth regions of

Asia. Balda will thus achieve the conditions for profitable growth and a

sustainable increase in added value.

* * *

If you have any questions please contact: Balda AG, Clas Röhl, Phone: +49

5734 922 2728, Fax: +49 5734 922 2604. Email: croehl@balda.de, Internet:


* * *

This ad hoc announcement includes ‘forward-looking statements’ which are

based on the current expectations of the management of Balda. They are

subject to risks and uncertainty because they relate to events and depend

on circumstances that will occur in the future, such as, for example,

developments in the mobile communications industry, changes in technology

and the ability to timely and successfully develop new products and various

other factors. Balda does not undertake any obligation to update publicly

or revise forward-looking statements except to the extent legally required.

This ad hoc announcement is not an offer of securities for sale or a

solicitation of an offer to purchase securities in the United States or

elsewhere. The shares in Balda AG (the ‘Shares’) may not be offered or sold

in the United States or to or for the account or benefit of U.S. persons

(as such term is defined in Regulation S under the U.S. Securities Act of

1933, as amended (the ‘Securities Act’)) unless registered under the

Securities Act or pursuant to an exemption from such registration. The

Shares have not been and will not be registered under the Securities Act.

12.06.2009 DGAP’s Distribution Services include Regulatory Announcements,

Financial/Corporate News and Press Releases.

Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English

Company: Balda AG

Bergkirchener Str. 228

32549 Bad Oeynhausen


Phone: +49 (0) 57 34 / 9 22-0

Fax: +49 (0) 57 34 / 9 22-2604

E-mail: info@Balda.de

Internet: www.balda.de

ISIN: DE0005215107

WKN: 521510

Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr

in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart

End of Announcement DGAP News-Service