Alno confirms payments to Müller’s companies

The supervisory board of Alno was obliged to confirm various facts disclosed in an article by the German business paper Wirtschaftswoche (WiWo) in response to inquiries made by shareholder protection organisations on occasion of the company’s general meeting. WiWo’s article was, among other things, based on a complaint by the former Alno-CEO Jörg Deisel, who is taking action against his dismissal with immediate effect on 6 April. Henning Giesecke, chairman of the supervisory board, confirmed on inquiry that the Swiss consulting firm Comco had received a commission of 5% or €750,000 for services in connection with Alno’s latest capital increase of around €15m. Comco is owned by Alno’s current CEO Max Müller. Moreover, Comco received an additional commission for negotiating a waiver of debts with existing shareholders and banks.

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