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ESG EKO AGRO GROUP AG ESGTI AG: Shares of investment company ESGTI with focus on Environmental and Social Impact start trading on BX Swiss

Transparency directive : regulatory news

01/10/2021 07:35

DGAP-News: ESGTI AG / Key word(s): Miscellaneous
ESGTI AG: Shares of investment company ESGTI with focus on Environmental and Social Impact start trading on BX Swiss

01.10.2021 / 07:35
The issuer is solely responsible for the content of this announcement.


  • Opening price of CHF 3.23 implies market capitalization of CHF 83.9 million
  • Lean organizational setup, with operations delegated to four holding companies
  • Differentiated investment approach, grounded in ESG excellence
  • Three focus investment themes of AgTech & Sustainable Agriculture, Life Sciences, Clean Technology & Energy
  • Allows investors to invest in a consistently ESG-focused portfolio

Hünenberg, 01 October 2021 - ESGTI AG ("ESGTI"), the investment company focussing on investments in the fields of AgTech & Sustainable Agriculture, Life Sciences and Clean Technology & Energy with respective excellence in ESG, announces today the start of trading of company's shares (ticker: ESGTI) on the BX Swiss.

"As ESGTI is operating as an ESG investment company out of Switzerland, the start of trading of our ESGTI share on BX Swiss today represents a major milestone for our company and the entire team" comments Andreas R. Bihrer, Chairman of ESGTI. "We are very pleased about our return to our home country as Switzerland fully represents ESGTI's heritage and standards."

Pricing and trading of ESGTI
The trading of ESGTI on the open market of the Berlin Stock Exchange terminated as per 30 September 2021. Today's opening price of the ESGTI share of CHF 3.23 represents the closing price of the last trading day in Berlin, converted into Swiss Francs. The opening price implies a market capitalization of CHF 83.9 million for the 25'985'369 registered shares outstanding. Moreover, this price values the company at a 28 % discount to its NAV (Net Asset Value) as per August 31, 2021.

Lean organizational setup, with operations delegated to four holding companies
ESGTI operates through a lean organisational structure. The Board of Directors is supported by external Investment Advisers and an Administrator, and realizes its investments through four sub-holding companies with respective management teams that are independent from ESGTI: ESG LifeSciences AG (CH), AltEnergis plc (UK), Sky Energy AG (CH) and ESG EKO AGRO Group s.r.l. (I).

Unique investments combining the risk mitigation of ESG with the power and potential of Technology
ESGTI emerged in 2020 as a result of targeted M&A transactions and has the ambition to drive innovative solutions to systemic problems affecting the fundamentals of life: namely food security, access to healthcare and climate change. ESGTI accordingly invests in such companies or portfolios of privately-held companies or projects that are committed to making a positive impact via innovation.

ESGTI intends to further diversify its holdings and expects to acquire a range of level of maturities across its portfolio in the coming years, with focus on early-stage, privately held companies or projects with transformative impact objectives. Given ESGTI's objective of providing long-term capital growth with targeted holding periods of five to ten years, investors in ESGTI tend to require a long-term investment horizon.

ESGTI organises its investments by way of theme-specific investment companies. Each individual platform is positioned as an incubator of thematic investments where ESGTI leverages Subject-Matter Experts to develop a pipeline of investment opportunities and broaden portfolio diversification.

ESGTI's uncompromised ESG vision is the core of a differentiated investment process
Environmental, Social and Governance (ESG) considerations are an essential part of the Company's decision-making process. By putting ESG factors at the core of the investment process, ESGTI sets the path to achieve impactful investments and cater to investors looking for mature and profitable businesses abiding by ESG principles. The Company commits to develop the latter throughout identified investment themes, creating ESG metrics that capture progress over time.

Investments that ESGTI expects to result in the most material marginal impact potential are currently focused on three core themes:
  • AgTech & Sustainable Agriculture
  • Life Sciences
  • Clean Technology & Energy

ESGTI has been continuously developing proprietary principles to avoid any harm to people or nature and to invest in companies with products or services that positively contribute to society whilst generating long-term stakeholder value. By integrating these principles into the processes of selecting and monitoring portfolio company investments, the Company assesses a range of material ESG and impact metrics for each of the thematic investment areas.

Prior to each new investment, the ESGTI team applies a multi-stage due diligence process and a standardised investment decision process as an important part of the active management strategy. Selected key principles of this differentiated investment process are:
 
  • Directly investing in companies within the three defined core themes
  • Comparing investment candidates consistently on their respective ESG credentials
  • Leveraging Subject-Matter Experts to pinpoint key thematic growth areas
  • Exploiting opportunities in connection with changes in corporate law, such as spin-offs, mergers, acquisitions (including going-private transactions and delisting), as well as bankruptcies, recapitalizations, fundamental discount / premium situations or share buy-backs.

Once a target has been identified and the investment executed, these assets in the Company's portfolio are managed in the best interest of ESGTI's investors with a focus on ESG. As soon as any individual investment has reached a certain maturity and demonstrated the viability of its business model - always under the consideration of the corresponding ESG principles - ESGTI plans to exit such asset by way of listing its shares in a public offering or a trade sale. The proceeds from such divestments will be used to invest in new targets.


Contact details
Investors@esgti.com
 


01.10.2021 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.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: ESGTI AG
Bösch 37
6331 Huenenberg
Switzerland
Phone: +41 41 500 9983
E-mail: investors@esgti.com
Internet: www.esgti.com
ISIN: CH0298294981
WKN: A1409X
Listed: Foreign Exchange(s) BX
EQS News ID: 1237315

 
End of News DGAP News Service

1237315  01.10.2021 

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