TIDMSCO

RNS Number : 3320X

Scotty Group SE

13 February 2012

13 February 2012

SCOTTY Group SE

("SCOTTY" or the "Company")

Directorate Change

SCOTTY is pleased to announce the appointment of Dr Hans Peter Sauerzopf to the Board as a Non-Executive Director.

Dr Sauerzopf was a director of the Company from 4 August 2004 to 31 December 2010. He was the chairman of the Company's board prior to its merger with Motion Media plc. Since 2003 he has been a partner of Sauerzopf and Partner attorneys at law and prior to that he was a partner of Hopmeier, Sauerzopf and Partner attorneys at law. In 1993, Dr Sauerzopf entered the Chamber of Lawyers list in Austria. He is a law faculty graduate from the University of Vienna and was promoted to Doctor of Law in 1986.

In preparation for the planned transfer of the Company's domicile from the UK to Austria, the appointment of Dr Sauerzopf will strengthen the Board's Austrian legal expertise. It will also create a majority of non-executives on the Board, a requirement of Austrian law.

Hans Peter Sauerzopf, aged 50, holds or has held the following directorships and partnerships:

 
 Current                               Previous (within last five 
                                        years) 
 Sauerzopf und Partner Rechtsanwalte   SCOTTY Group plc 
 Lanza Privatstiftung                  OGIS Limited 
 Pannonia Wohnheim - Gemeinnutzige     PMS Limited 
  Wohnbaugesellschaft mbH 
 Mayam GmbH 
 CAPITA Real Estate GmbH

Dr Sauerzopf holds 24,021 shares in the Company representing approximately 2.47 per cent. of the Company's issued share capital.

Dr Sauerzopf holds the following options over the Company's ordinary shares:

 
 Number of options    Exercise Price   Period during which options 
                                                   are exercisable 
             2,100   36.25 Euros per   31 July 2007 - 31 July 2012 
                               share 
             2,100   48.33 Euros per   31 July 2008 - 31 July 2013 
                               share

Save for the information disclosed in this announcement there is no other information that would need to be disclosed under Schedule 2, paragraph (g) of the AIM Rules.

Enquiries:

 
 SCOTTY Group SE 
  Kurt Kerschat, CEO                    +43 316 409 426 
 Nominated Adviser 
  Cairn Financial Advisers LLP 
  Tony Rawlinson / Avi Robinson         +44 20 7148 7900 
 Broker 
  Northland Capital Partners Limited 
  Katie Shelton                         +44 20 7796 8800

This information is provided by RNS

The company news service from the London Stock Exchange

END

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