VIENNA--(BUSINESS WIRE)--Management and the Supervisory Board of Vienna based C.A.T. oil AG confirm the resignation of the chairman of the Supervisory Board, Mr Gerhard Strate, and the remaining members of the Supervisory Board with immediate effect. Mr Manfred Kastner, CEO, expressed on behalf of the Company gratitude and recognition for the long-standing and good cooperation.
Mr Maurice Dijols, the new controlling shareholder of the Company: "Mr Strate was overseeing and advising the Company for many years. Under his supervision C.A.T. oil managed to gain a remarkable reputation on the market. I appreciate and respect the fact that Mr Strate and the remaining Supervisory Board members open the way for a new team that will lead C.A.T. oil into the future.“
C.A.T. oil AG
Kaerntner Ring 11-13
Ticker symbol: O2C
Common Code: 025162498
Listing: Official Market / Prime Standard, Frankfurt Stock Exchange
End of Ad hoc-Release