DGAP-News: Scout24 AG: Robert Reid resigned from his office as member of Scout24 AG's Supervisory Board

Robert Reid resigned from his office as member of Scout24 AG's Supervisory Board

Berlin / Munich, 19 April 2017 - Robert Reid, member of the supervisory board of Scout24 AG, has resigned from his office.

Following the disposal of the stake in Scout24 AG held by the Blackstone Group, where Mr Reid serves as a Senior Managing Director, Mr Reid has decided to resign from his office as a member of the supervisory board. He has asked Stefan Götz, chairman of the supervisory board, to release him from his duties.

Stefan Götz thanked Mr Reid and added: "We regret seeing Robert leave and thank him for his contribution to the Company's success in the past years. We wish him all the best in his future endeavours."

Robert Reid has been a member of the Supervisory Board since September 2015

About Scout24

With our leading digital marketplaces ImmobilienScout24 and AutoScout24 in Germany and across Europe we are inspiring people to make their best decisions on finding a home and a car. More than 1,000 employees are working on the success of our products and services, putting the consumers' needs first in order to create a connected network for living and mobility. Scout24 is listed on the Frankfurt Stock Exchange (ISIN: DE000A12DM80, G24). For further information, please visit www.scout24.com, our Corporate Blog and Tech Blog, or follow us on Twitter and LinkedIn.

Investor Relations contact

Britta Schmidt
Vice President Investor Relations & Treasury
Tel.: +49 89 44456 3278
E-Mail: ir@scout24.com

Press contact

Marie Fabiunke
Head of Corporate Communications & PR
Tel.: +49 30 24301 1427
E-Mail: marie.fabiunke@scout24.com

Disclaimer:

All information contained in this document has been carefully prepared. However, no reliance may be placed for any purposes whatsoever on the information contained in this document or on its completeness. No representation or warranty, express or implied, is given by or on behalf of the Company or any of its directors, officers or employees or any other person as to the accuracy or completeness of the information or opinions contained in this document and no liability whatsoever is accepted by the Company or any of its directors, officers or employees nor any other person for any loss howsoever arising, directly or indirectly, from any use of such information or opinions or otherwise arising in connection therewith.

The information contained in this release is subject to amendment, revision and updating. Certain statements, beliefs and opinions in this document are forward-looking, which reflect the Company's or, as appropriate, senior management's current expectations and projections about future events. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. Statements contained in this document regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. The Company does not undertake any obligation to update or revise any information contained in this press release (including forward-looking statements), whether as a result of new information, future events or otherwise. You should not place undue reliance on forward-looking statements, which speak only as of the date of this document.