DGAP-News: ORIENT Strategies AG: ORIENT Strategies AG extends lock-up for majority shareholders
(firmenpresse) - DGAP-News: ORIENT Strategies AG / Key word(s): Agreement/Corporate
Action
ORIENT Strategies AG: ORIENT Strategies AG extends lock-up for
majority shareholders
24.10.2012 / 10:15
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ORIENT Strategies AG extends lock-up for majority shareholders.
St. Gallen/ Berlin, October 24,2012. Management and the majority
shareholders of ORIENT Strategies AG agreed on an extension of the
contractual lock-up of the shares of the majority shareholders at least up
till December 31, 2013.
'The group of majority shareholders which also comprises the members of the
board of administration have committed themselves not to dispose of their
shares of ORIENT Strategies AG without the prior approval of the company
before December 31, 2013' explains Hans-Joachim Bischoff, member of the
board of administration of the company, 'in order to secure this
commitment, all shares of the majority shareholders lie in a trustee
account.'
'This further ensures that any capital generated by the controlled selling
of shares is being invested into the Company' continues Konstantin v.
Reden-Lütcken, President of ORIENT Strategies AG 'We as members of the
board of administration and majority shareholders have therewith committed
ourselves to grant highest priority to the financing of ORIENT Strategies
AG and it's projects and shareholders.'
About ORIENT Strategies AG
ORIENT Strategies AG is specialized in the consultancy of German/European
companies on the capital market and their strategic orientation on the
Middle East. ORIENT Strategies itself holds investments in companies and
projects in the Middle East, particularly in Iraq, to support
reconstruction there. ORIENT Strategies AG located in St. Gallen,
Switzerland, has been listed on the Frankfurt Stock Exchange's Open Market
since March 2011.
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Contact:
ORIENT Strategies AG
Spisergasse 26
CH-9004 St. Gallen
Phone: +41 43 508 22 17
Mail: hjb(at)orient.ag
Internet: www.orient.ag
End of Corporate News
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189963 24.10.2012
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Datum: 24.10.2012 - 10:15 Uhr
Sprache: Deutsch
News-ID 195558
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