DGAP-News: SilverSpring Management Group AG / Key word(s): AGM/EGM/Miscellaneous
17.09.2019 / 09:31
The issuer is solely responsible for the content of this announcement.
The Company has adopted the resolutions of the General Assembly as follows:
- SilverSpring Management Group AG has changed its company name to ESG EKO AGRO Group AG.
- The company headquarters were relocated to Hünenberg, Canton Zug.
- Balmer-Etienne AG, Zurich, Switzerland, have been appointed as statutory auditors.
- The financial year 1 July 2018 - 30 June 2019 will be extended by six months and will now run from 1 July 2018 - 31 December 2019.
- A new member of the Board of Directors was elected: Dr. Brunella Pavesi, Rome, Italy.
Dr. Pavesi, holds a PhD in Physics. She also attended postgraduate courses at Industry Management School BOCCONI (Management Techniques, Strategic Marketing, Business Evaluation & Project Management) and at the London International faculty of Finance (Financial Analysis).
Dr. Pavesi has almost 40 years' experience in high technology industry. She is a founder, shareholder and partner of SAITEC SrL, an Italian SME. She provided international consulting services for private sector and public institutions, designing and developing Innovative Systems and Services in Telecommunications, Environment, Energy, Management and Space Technology fallout.
Dr. Pavesi has been member of international associations such as IAF, AIAA, GIA; She also is a founder member of AIM (Italian Association for Microsatellites) and previously was President and Member of the BOD of ESCO the Geie between Telespazio and SatelConseil.
Information on the new business direction:
ESG EKO AGRO Group AG (the "Company" or "ESG EAG") is now mainly active in the development and management of agricultural projects, based upon the ESG ethic principles and the 17 "Millenium Development Goals" established by the United Nations through the initiative "Building a better world".
ESG EAG's intention is to build and control an integrated chain of agricultural production 'from the seeds to the final product' ensuring quality, transparency and traceability in every step of the way.
Through the acquisition of 'agro brown fields', ESG EAG's highly qualified engineers use the Company's own protocol to create a new agricultural production system. Such protocol respects the very nature of agriculture by producing without any use of pesticides, additives or other chemical elements, and ensures the freshness of the product to the consumer through its own exclusive packaging technology.
In such manner, the Company will offer fresh products that have a longer shelf life than other fresh produce currently on the market, and, just as equally important, minimizes waste and provides detailed information to the consumer regarding both the products' quality and traceability.
Currently, ESG EAG has secured more than 6,000 hectares of high quality lands located in Italy, precisely in the regions of Tuscany, Marche, Campania, Lazio and Sardinia.
Through its subsidiary, ESG EKO AGRO Italia, the Company is about to sign consortium agreements with local landowners for the use of further 10,000 hectares of lands.
Following the very restrictive National System Quality Integrated Production (SQPNI) standards and the National Quality Zootechnical System (SQNZ), the entire structure applies a very specific designed protocol conducive to fully respecting and safeguarding the environment, livestock, and workers.
The development program sees the requalification of all the sites owned, and the relevant production lines delivering more than 500 million packaged products annually, starting from Q3 2020.
In addition, the Company directly produce and distribute its own green energy for the needs and purposes of the lands within the group of consortiums.
More information to be released on the Company's website www.esg-eag.com shortly.
ESG EKO AGRO Group AG ("ESG EAG") is a Swiss company mainly active in the development and management of agricultural projects, based upon the ESG ethic principles and the 17 "Millenium Development Goals" established by the United Nations through the initiative "Building a better world".
ESG EAG's intention is to build and control and integrated chain of agricultural production 'from the seed to the final product' ensuring quality, transparency and traceability in every step of the way.
Contact: investor-relations@esg-eag.com
17.09.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Language: English
Company: SilverSpring Management Group AG
Boesch 37
6331 Huenenberg
Switzerland
Phone: +41 41 500 9983
E-mail: investor-relations@esg-eag.com
Internet: www.esg-eag.com
ISIN: CH0298294981
WKN: A1409X
Listed: Regulated Unofficial Market in Berlin
EQS News ID: 874629
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