ESGTI AG Announces The Evolution Into A Holding Company And Sharpened Focus On Clean Tech

2023-11-14 02:10:19

(MENAFN- EQS Group)

EQS-News: ESGTI AG / Key word(s): Strategic Company Decision
ESGTI AG announces the evolution into a Holding Company and sharpened focus on Clean Tech
14.11.2023 / 17:45 CET/CEST
The issuer is solely responsible for the content of this announcement.

Ad Hoc Announcement dated 14.11.2023 pursuant to clause 16 BX-Listing Rules

Huenenberg, 14.11.2023 - On 14 November, 2023, the Board of Directors of ESGTI AG (Ticker: ESGTI) announces the evolution of ESGTI into a holding company structure and its intention to sharpen the strategic focus of the Company on Clean Technology (“Clean Tech”).

In light of the growing significance of renewable energy and the key developments within its Clean Tech portfolio, the Company's evolution from an investment into a holding company aims to provide the legal framework for the Board's closer oversight over the management of ESGTI's Clean Tech subsidiary companies.

In addition, the Board of Directors shall submit a proposal to the shareholders of ESGTI in due course regarding the spin-off the wholly-owned subsidiary, ESG LifeSciences AG, in order to streamline the Company's portfolio to a Clean Tech focus while preserving and growing value for its shareholders

Contact
Andreas R. Bihrer, Chairman
E-Mail: , Tel.: + 41 44 366 40 31

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About ESGTI AG
ESGTI AG is a Swiss public company focused on Investments with Environmental, Social and Governance principles. ESGTI invests in, or finances, directly or through investment companies, early-stage companies or projects with transformative impact in the fields of AgTech & Sustainable Agriculture, Life Sciences and Clean Technology & Energy.

14.11.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Language:	English
Company:	ESGTI AG
	Rothusstrasse 21
	6331 Huenenberg
	Switzerland
Phone:	+41 44 366 4031
Fax:	+41 44 366 4039
E-mail:
Internet:
ISIN:	CH0298294981
WKN:	A1409X
Listed:	BX
EQS News ID:	1773347


End of News	EQS News Service

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