BE Group AB: Torbjörn Clementz resigns as CFO of BE Group

Regulatory News:

BE Group (STO:BEGR):

Torbjörn Clementz resigns from his position as CFO and Executive Vice President of BE Group to take on a new challenge as CFO at the energy technology company One Nordic. Torbjörn Clementz remains in his role until further notice and will not leave the company until the second quarter of 2014. The recruitment process to find a replacement has started.

”Torbjörn is a very popular and respected colleague, who has been with us since we became a public company and he has been instrumental in our development up to the present BE Group”, says President and CEO Kimmo Väkiparta. "Therefore it is sad that he now chooses to leave us, but of course we wish him all the best for the future and at the same time we congratulate One Nordic to a good recruitment.”

BE Group, listed on the NASDAQ OMX Stockholm exchange, is a trading and service company in steel and other metals. BE Group provides various forms of service for steel, stainless steel and aluminium applications to customers primarily in the construction and engineering sectors. In 2012, the Group reported sales of SEK 4.6 Bn. BE Group has more than 800 employees, with Sweden and Finland as its largest markets. The head office is located in Malmö, Sweden. Read more about BE Group at www.begroup.com

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