21st Austria weekly - Marinomed, Zumtobel (11/10/2024)

Zumtobel beleuchtet Bergisel-Schanze, Photo credits: Isabelle Bacher, (© Aussender)  >> Öffnen auf photaq.com

Marinomed: Marinomed Biotech AG announced that, after a thorough review of existing offers, the Management Board today decided to enter contract negotiations for the sale of the Carragelose portfolio in the form of an asset deal. The Company selected the potential buyer based on a combination of favorable purchase price, transaction security and strategic fit, thereby providing a long-term perspective for the Company. The actual implementation of the transaction depends on the outcome of the specific negotiations, the conclusion of the respective transaction documents, the approval of the Supervisory Board and the General Shareholder Assembly, as well as the continuation of the Company after the restructuring process. In addition, due to the ongoing restructuring process, approvals from the insolvency administrator and the insolvency court are necessary. These approvals have not yet been obtained.

Zumtobel: The Supervisory Board of the Zumtobel Group has extended the contract of Chief Executive Officer Alfred Felder (61), which is due to expire as of 31 July 2025, until 30 September 2027. With the repeated renewal of his contract, the Supervisory Board focuses on continuity in the Management Board of the Zumtobel Group and recognises the achievements of Alfred Felder, who has navigated the company through difficult times. On 1 February 2018, Alfred Felder took over the role of Acting President of the Management Board; on 8 June 2018, he was appointed Chief Executive Officer (CEO).
Zumtobel: weekly performance: 0.36%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (11/10/2024)

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1. Zumtobel beleuchtet Bergisel-Schanze, Photo credits: Isabelle Bacher , (© Aussender)   >> Öffnen auf photaq.com

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