DGAP-Adhoc: Allterco JSCo informs about registration of German subsidiary company

2021. november 30., kedd, 11:00

DGAP-Ad-hoc: Allterco JSCo / Key word(s): Miscellaneous

Allterco JSCo informs about registration of German subsidiary company

30-Nov-2021 / 11:00 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

Publication of inside information according to Article 17 MAR

Allterco JSCo informs about registration of German subsidiary company

Sofia / Munich, 30 November 2021 - Allterco JSCo (Ticker A4L / ISIN: BG1100003166) ("Allterco"), a provider of IoT and smart home products based in Sofia, Bulgaria, informs that Allterco Europe GmbH was successfully registered with the Commercial Register of the Federal Republic of Germany. In the course of the registration the Board of Directors concluded that from an operational perspective, it is beneficial for the purposes of the new company to be managed by local individuals who have direct contact with the market. For this reason, currently, only Mr. Wolfgang Kirsch has been appointed as CEO of the German subsidiary and not together with Mr. Mirche Atanasovski as initially announced.

For further information, please visit allterco.com

Investor Relations contact

CROSS ALLIANCE communication GmbH

Sven Pauly

Tel: +49 (0) 89-1250903-31

E-Mail: sp@crossalliance.de

30-Nov-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: Allterco JSCo

103 Cherny Vrah Bldv

1407 Sofia

E-mail: s.iliev@allterco.com
Internet: www.allterco.com
ISIN: BG1100003166
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin
EQS News ID: 1252821

Notierung vorgesehen - Designated to be listed

End of Announcement DGAP News Service

1252821  30-Nov-2021 CET/CEST

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