Accordy has been planning this merger for quite some time
Acordy Invest S.A.:
DGAP-Media / 12.06.2017 / 11:14
ACORDY INVEST PRESS RELEASE
ACORDY INVEST S.A. ANNOUNCES PLAN OF REORGANIZATION AND SHAREHOLDER MEETING
Acordy Invest, S.A., a private investment company headquartered in Malaga, Spain, is announcing that it is scheduling a shareholder meeting to discuss the company's future plans and market strategies. The shareholder meeting is to be held on 1 July 2017 at Lausanne, Switzerland and more information will be forthcoming shortly. In addition Acordy is completing plan of reorganization whereby the company plans to merge with a company currently trading in an active stock market venue before the end of 2017. Francis G. Baez, Acordy's CEO stated: "we're currently engaged in a private placement offering with existing Acordy shareholders with a view to prepare the company to enter the public markets. From the outset all shares will be electronically registered, cataloged and transferable and that will be a significant benefit to our shareholders".
Acordy Invest S.A. (www.acordyinvest.com) is a private Spanish investment company in business for more than ten years. Acordy currently invests in real estate projects, horse breeding, olive farming and olive oil production.
This press release contains forward-looking statements that are inherently subject to risks and uncertainties. Any statements contained in this document that are not historical facts are forward-looking statements and the use of words such as "anticipate", "believe", "estimate", "expect", "forecast", "intend", "may", "plan", "project", "predict", "should", "'will" and similar expressions as they relate to Acordy Invest are intended to identify such forward-looking statements. These forward-looking statements involve risks and uncertainties concerning the Company and actual events or results may differ materially from those described in this press release due to a number of factors. Acordy Invest is under no obligation to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.