On 14 November, 2023, the Board of Directors of ESGTI AG announces the evolution of ESGTI into a holding company structure, with its intention to sharpen the strategic focus of the Company on Clean Technology.
In light of the growing significance of renewable energy and key developments within its Clean Tech portfolio, the Company’s evolution from an investment into a holding company aims to provide the right legal framework and oversight over the management of ESGTI’s 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 whilst preserving and growing value for its shareholders.
