EQS Group-Ad-hoc: Medacta Group SA / Key word(s): Personnel
Medacta publishes CSR Report and pays a Special 20 Year Anniversary Fidelity
Bonus to all its employees
11-Oct-2019 / 19:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.
*Press Release
Medacta publishes CSR Report and pays a Special 20 Year Anniversary Fidelity
Bonus to all its employees*
_CASTEL SAN PIETRO_, _11 October 2019_ - Medacta Group is proud to announce
the publication of its 2018 Corporate Sustainability Report:
_"We pay high attention to sustainability and social responsibility and we
believe that it is possible to combine growth and development with the
well-being of our employees and our community"_ said Alberto Siccardi,
Founder and Chairman of Medacta.
As an example, Medacta has been one of the first companies in Ticino to
introduce a Corporate Car-Pooling Program. This has led to a reduction of
over 335 cars in Medacta headquarters as more than 70% of its employees
participate in the Corporate Car-Pooling Program with a 3 person per car
rate in 2018.
Another pillar of the Medacta Corporate Social Responsibility Program was
the creation of the Medacta for Life Foundation, which contributes to the
implementation of programs and projects of social utility. The Medacta for
Life Foundation includes the MySchool Ticino, a bilingual school with at
present over 100 children, with services that are specifically addressed to
the local community.
_"I am very pleased to announce the publication of our new CSR Report, which
shows our vision of sustainability and social responsibility"_ concluded the
Chairman. The report will be downloadable from the company's website at
http://sustainability.medacta.com [1] .
Medacta further announces the payment of a one off and discretionary Special
20 Year Anniversary Fidelity Bonus to all its employees.
The decision to pay the 20 Year Anniversary Fidelity Bonus was taken with
the aim to recognize the important achievements reached in twenty years of
activity culminating with the successful listing on April 4th, 2019 to the
Zurich SIX Stock Exchange. The Siccardi family, as majority shareholders,
decided to make a voluntary cash contribution to Medacta Group to cover all
the relevant cash needs associated with this special bonus, which will
exceed in average 16'000 EUR per employee.
_"The exceptional milestones we achieved in these years are the result of
the great work our people do every day. With this Special Fidelity Bonus, we
would like to thank all our employees worldwide for their support: we
strongly believe that our people and our culture are the engine of Medacta's
success"_ said Francesco Siccardi, Chief Executive Officer of Medacta.
*Contact*
Medacta Group SA
Corrado Farsetta, CFO
Phone: +41 91 696 60 60
investor.relations@medacta.ch
*About Medacta:*
Medacta is an international company specializing in the design and
production of innovative orthopaedic products and the development of
accompanying surgical techniques for joint replacement, spine surgery, and
sports medicine. Established in 1999 in Switzerland, Medacta's products and
surgical techniques are characterized by innovation. Medacta is a pioneer in
developing new offerings on the basis of minimally invasive surgical
techniques, in particular its Anterior Minimally Invasive Surgery ("AMIS")
technique for hip replacements. Medacta has leveraged its orthopaedic
expertise and comprehensive understanding of the human body to develop the
sophisticated "_MySolutions_" technology, which offers surgeons highly
personalized pre-operative planning and implant placement methodologies by
creating advanced personalized kinematic models and 3D planning tools for
use in hip, knee, shoulder and spine procedures.
End of ad hoc announcement
Language: English
Company: Medacta Group SA
Strada Regina
6874 Castel San Pietro
Switzerland
Phone: +41 91 696 6060
E-mail: info@medacta.ch, investor.relations@medacta.ch
Internet: www.medacta.com
ISIN: CH0468525222
Listed: SIX Swiss Exchange
EQS News ID: 889249
End of Announcement EQS Group News Service
889249 11-Oct-2019 CET/CEST
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=77f46ad203692dd47191f8d4dcefbd7f&application_id=889249&site_id=vwd&application_name=news
(END) Dow Jones Newswires
October 11, 2019 13:00 ET (17:00 GMT)
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