NeuroSearch A/S
NeuroSearch A/S announces changes in the executive board and board of directors and informs of an EGM

NeuroSearch A/S 

14.11.2013 13:41
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Announcement
14.11.2013


As announced in late July 2013, René Schneider will resign from the position as
CEO of NeuroSearch A/S (NEUR) as of 30 November 2013. The Board of Directors
has decided to appoint the present Chairman of the Board of Directors, Allan
Andersen, as new CEO as of 1 December 2013. It is agreed, until further notice,
that the position will be a part-time position. After careful consideration,
the Board of Directors has concluded that this solution will be the best way to
safeguard the interests of the company in a financially sound manner in the
coming period when the company's freedom of action will be restricted due to
the coming criminal proceedings resulting from the indictment in July 2013 by
the Public Prosecutor for Serious Economic and International Crime, see for
example the recent 3rd quarter interim financial report. 

Also, as from the same date the Board of Directors has decided to provisionally
appoint Christian Lundgren as Chairman of the Board of Directors. 

Torbjörn Bjerke has given notice that he wishes to resign from the Board of
Directors. Furthermore, the employee-elected board member Morten Nielsen will
resign from the Board of Directors at the end of November 2013 due to
termination of his employment with the company. 

Tomorrow, an extraordinary general meeting will be summoned to elect a new
member of the Board of Directors. No new member will be elected for Morten
Nielsen's seat on the Board of Directors. The extraordinary general meeting
will be held on Monday, 9 December 2013. Consequently, in the period until the
extraordinary general meeting, the Board of Directors will consist of Christian
Lundgren, Torbjörn Bjerke and Allan Andersen. 


Allan Andersen
Chairman of the Board of Directors


Contacts
René Schneider, CEO, telephone: +45 2911 2097

Allan Andersen, Chairman of the Board of Directors, telephone: +45 4016 3864



Regarding NeuroSearch
NeuroSearch A/S (NEUR) is listed on NASDAQ OMX Copenhagen A/S.
News Source: NASDAQ OMX



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Language:     English
Company:      NeuroSearch A/S
              
               
              Denmark
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         DK0010224666
WKN:          
 
End of Announcement                             DGAP News-Service
 
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