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1 October 2012

Imerco appoints new CEO

Frederik Oluf Brønnum has been appointed new CEO of the Imerco Group. Frederik Brønnum will take over the position from Villy Gravengaard, who has resigned effective today.

Principal shareholder and chairman Mikael Goldschmidt said: "Frederik Brønnum has the vision, ability and drive to develop Imerco further and to make the strategic adjustments required in the current volatile market setting. Frederik has been a member of the management board of Imerco since the turn of the year, and he therefore already has in-depth knowledge of the Imerco Group and its key employees."

For further information, please contact:

Chairman Mikael Goldschmidt, phone +45 33 63 09 00

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