EANS-Adhoc: Atrium European Real Estate Limited / MODIFICATION OF AN ALREADY DISCLOSED INSIDE INFORMATION - ATRIUM CONFIRMS APPOINTMENT OF NEW CEO

--------------------------------------------------------------------------------
Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
The issuer is solely responsible for the content of this announcement.
--------------------------------------------------------------------------------

Board of Directors (Appointments and Changes)
23.02.2017

MODIFICATION OF AN ALREADY DISCLOSED INSIDE INFORMATION
ATRIUM CONFIRMS APPOINTMENT OF NEW CEO

Ad hoc announcement - Jersey, 23 February, 2017: Further to its ad
hoc announcement of 21 December 2016, Atrium European Real Estate
Limited (VSE/ Euronext: ATRS) (the "Company" and together with its
subsidiaries, the "Group"), announces that Liad Barzilai has,
effective today, been appointed, as Chief Executive Officer of the
Group.

The appointment is in advance of the previously notified date of 31
March, 2017 following an orderly handover of responsibilities, which
was able to be accelerated due to Mr Barzilai's extensive existing
knowledge of the Group's operations, gained from his almost nine
years of association and senior level employment with the Group.

Josip Kardun, the former Chief Executive Officer of the Group, has
now left the Company.

Chaim Katzman, Chairman of Atrium commented: "I am very pleased that
Liad has been able to draw on the extensive and in depth knowledge of
the Company, which he has gained with Atrium over the last almost
nine years, to accelerate the process of him taking the reins of the
Group. I have every confidence that he is the right person to lead
the Group and to continue to deliver value for our shareholders. I
would also like to thank our departing CEO, Josip Kardun, for his
contribution to Atrium and wish him luck on his future endeavours."

Liad Barzilai, Chief Executive Officer of the Group, commented: "When
I accepted the role of Group CEO I had every confidence in Atrium's
prospects based on my previous history with the Group. After
reacquainting myself with the strong team, I am confident in Atrium's
strong foundations that will underpin its future growth. I am very
excited to be able to officially step into my new role, slightly
sooner than previously anticipated."

For further information:

Analysts and investors:
Ryan Lee
+31 (0)615 023 303
rlee@aere.com

FTI Consulting Inc.:
+44 (0)20 3727 1000
Richard Sunderland, Claire Turvey, Ellie Sweeney
atrium@fticonsulting.com

The Company is established as a closed-end investment company
incorporated and domiciled in Jersey and regulated by the Jersey
Financial Services Commission as a certified Jersey listed fund, and
is listed on both the Vienna Stock Exchange and the Euronext
Amsterdam Stock Exchange. Appropriate professional advice should be
sought in the case of any uncertainty as to the scope of the
regulatory requirements that apply by reason of the above regulation
and listings. All investments are subject to risk. Past performance
is no guarantee of future returns. The value of investments may
fluctuate. Results achieved in the past are no guarantee of future
results.

Further inquiry note:
For further information:
FTI Consulting Inc.:
+44 (0)20 3727 1000
Richard Sunderland
Claire Turvey
Ellie Sweeney
atrium@fticonsulting.com

end of announcement euro adhoc
--------------------------------------------------------------------------------

issuer: Atrium European Real Estate Limited
Seaton Place 11-15
UK-JE4 0QH St Helier Jersey / Channel Islands
phone: +44 (0)20 7831 3113
mail: richard.sunderland@fticonsulting.com
WWW: http://www.aere.com
sector: Real Estate
ISIN: JE00B3DCF752
indexes: Standard Market Continuous
stockmarkets: official market: Wien, stock market: Luxembourg Stock Exchange
language: English

Original-Content von: Atrium European Real Estate Limited, übermittelt durch news aktuell