Barend Fruithof and Oliver Streuli resign from Board of Directors of Swiss Steel Group

by David Fleschen

The Board of Directors members Barend Fruithof and Oliver Streuli, both representatives of the major shareholder PCS Holding AG, have informed Swiss Steel Holding AG of their immediate resignation from the Board of Directors. This resignation is in connection with the decision by PCS Holding AG, as rumored in the press, not to participate in the forthcoming capital increase and/or a possible exit. The Board of Directors will now consist of 5 members, which is sufficient according to the Articles of Association.

Source and Photo: Swiss Steel Group

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