21st Austria weekly - S&T (28/12/2021)

S&T: Austrian based technology group S&T AG published a detailed statement on the allegations presented in the report of the short seller Viceroy Research Group LLC. The statement of S&T AG presents the facts in a transparent manner and refutes the allegations made by providing detailed historical as well as financial and legal background information. Hannes Niederhauser, CEO of S&T AG, said: “Our statement shows that Viceroy Research has made numerous far-reaching misjudgments in its report, which do not stand up to an objective examination. We would like to point out that Viceroy Research did not contact S&T AG prior to the publication of its research report in order to even begin to validate the allegations made in it. In order to substantiate our messages in the statement, we have commissioned an external forensic audit by Deloitte. We will comment on the results of this independent audit as soon as these are available. Operationally, we continue to be within the expected range and maintain our current guidance for the current fiscal year. Project ‘Focus’, which is evaluating a divestment of our IT Services division, will also continue as planned. S&T emphasized, that it is committed to full transparency, comprehensive compliance and good corporate governance. Therefore, an external, independent expert will be appointed by the Supervisory Board of S&T AG as Chief Compliance Officer, who will in future be responsible for the topics of law, compliance and corporate governance on the S&T Executive Board. The measures initiated as part of S&T’s “TTS” (Trust-Transparency-Share) program will be continued as planned. These include the further reduction of the complexity of the corporate structure and, as already announced, the appointment of a new auditor. To this end, the Supervisory Board will propose to the 2022 Annual General Meeting that KPMG will be appointed as the new auditor from the 2022 financial year.

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (28/12/2021)

Christian Drastil: Wiener Börse Plausch

Private Investor Relations Podcast #17: Mit Robert Gillinger und den Mitmachinfos zu unserem Finanzfilm-Award Golden Finance Cut

Bildnachweis

1. 21st Austria Weekly

Aktien auf dem Radar:VIG, Kapsch TrafficCom, UBM, EuroTeleSites AG, Flughafen Wien, Palfinger, ATX, ATX Prime, ATX TR, ATX NTR, Bawag, Andritz, Mayr-Melnhof, Telekom Austria, RBI, voestalpine, SBO, Frequentis, Pierer Mobility, BKS Bank Stamm, Oberbank AG Stamm, Warimpex, Amag, EVN, CPI Europe AG, Lenzing, Österreichische Post, RHI Magnesita, Deutsche Telekom, Allianz, Fresenius.

Random Partner

---

EuroTeleSites AG
EuroTeleSites bietet mit seiner langjähriger Erfahrung im Bereich der Telekommunikation, Lösungen und Dienstleistungen zum Bau und der Servicierung von drahtlosen Telekommunikationsnetzwerken in sechs Ländern in der CEE-Region an: Österreich, Bulgarien, Kroatien, Slowenien, der Republik Nordmazedonien und der Republik Serbien. Das Portfolio des Unternehmens umfasst über 13.000 Standorte, die hochwertige Wholesale Services für eine breite Palette von Kunden bieten.

>> Besuchen Sie 62 weitere Partner auf boerse-social.com/partner