Corporate | 16 July 2009 09:31
HMS Bergbau AG / Change of Personnel Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- * Sebastian Giese new CFO at HMS Bergbau AG * Experienced specialist strengthens the commercial end Berlin, July 16, 2009 - Sebastian Giese (33), who holds a degree in commerce, was appointed CFO of HMS Bergbau AG in mid-July 2009. He is a certified accountant and tax consultant, and can look back on many years' experience in auditing annual and consolidated financial statements in line with national and international standards. Until recently he worked for the Ernst & Young auditing company, where he was, among other things, responsible for auditing conglomerates with international operations. In his function as CFO, Giese will be head of the entire commercial end of HMS Bergbau AG, a publicly-listed corporation. He will support Heinz Schernikau, who as company founder was to date the sole Board member and will now be able to focus even more strongly on the core business of coal trading. Schernikau has been in this business for over 35 years now and has extensive international contacts and can rely on long-standing firm business relationships. 'Sebastian Giese,' Schernikau comments, 'ideally complements our team of highly-qualified staff. By recruiting him we have taken a great step forward in restructuring the corporation and can now tackle the next future-oriented projects.' HMS Bergbau AG: Berlin-based HMS Bergbau AG is an independent coal trading house specialising in just-in-time deliveries of thermal coal to power plants and other industrial consumers. The company is one of the leading coal trading companies in Germany and markets its products to renowned consumers worldwide. HMS is actively expanding its activities to span coal production and logistics solutions primarily in Asia and Eastern Europe. In addition, the company is developing environmental technologies, in particular concerning underground CO2 capture and storage (CCS technology). HMS has been listed at Germany's Frankfurt Stock Exchange since December 2008. Contact: Claudia Wieland Tel. +49 (0)911-9597871 Fax +49 (0)911-9597880 E-Mail cwieland@hms-ag.com www.hms-ag.com 16.07.2009 Financial News transmitted by DGAP ----------------------------------------------------------------------