DGAP-News: World Markets AG:(Open Market Frankfurt: 4WM) - Restructuring completed - Interim Financials available - new BoD - Reverse Split announced
ID: 458497
Company/AGM/EGM
World Markets AG:(Open Market Frankfurt: 4WM) - Restructuring
completed - Interim Financials available - new BoD - Reverse Split
announced
09.08.2011 / 10:48
---------------------------------------------------------------------
The first phase of the restructuring of World Markets AG (Open Market
Frankfurt: 4WM) has been successfully completed. The corporate strategy has
had a change of direction towards creating vital alliances with project
developers engaged in the Voluntary Carbon Markets.
World Markets AG has recently acquired Voluntary Emissions Reduction CCBA
Gold Standard Carbon Benefit Units from a forest management project in
Papua New Guinea.
The company is currently negotiating an agreement with the project
developer to fund a Verified Carbon Standard (VCS) validation for the
project which will greatly enhance the value of the carbon assets of the
company.
At the EGM on July 20, 2011, the motion put forth by the Board of Directors
to increase the share capital was voted on and passed. This will enable
World Markets AG to expand its current portfolio and undertake new projects
for the future.
EGM 31 August 2011: Board of Directors to be changed: Tanja Havemann,
Managing Partner of Beyond Carbon LLC., Dr. Karl Preisig, Managing Partner
of Preisig Consulting, Dr. David Haas, Chairman of Swiss Financial
Excellence AG, and Graham Taylor, independent Tax Advisor, to be appointed
as Directors.
Hendrik Klein, has declared his resignation from World Markets' BoD. As the
restructuring of the Company has been completed, Mr. Klein wants to
concentrate on other projects.
Reverse split 20:1: The BoD proposes to the EGM a reverse split of 20:1.
Interim Financials: In order to show the impact of the company's
restructuring the BoD has released Interim Financial Statements as of July
31, 2011. The audit report is expected to be available by end of August.
Further information is available on the company's website
www.world-markets-ag.com
End of Corporate News
---------------------------------------------------------------------
09.08.2011 News transmitted by EquityStory AG.
The issuer is responsible for the contents of the release.
EquityStory publishes regulatory releases, media releases on the
capital market and press releases.
The EquityStory Group distributes authentic and real-time financial
news for over 1'300 listed companies.
The Swiss news archive can be found at
http://www.equitystory.ch/nachrichten
---------------------------------------------------------------------
134903 09.08.2011Unternehmensinformation / Kurzprofil:
Datum: 09.08.2011 - 10:48 Uhr
Sprache: Deutsch
News-ID 458497
Anzahl Zeichen: 3045
Kontakt-Informationen:
Kategorie:
Wirtschaft (allg.)
Diese Pressemitteilung wurde bisher 160 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: World Markets AG:(Open Market Frankfurt: 4WM) - Restructuring completed - Interim Financials available - new BoD - Reverse Split announced"
steht unter der journalistisch-redaktionellen Verantwortung von
World Markets AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
