Dynastar AG: Change of the majority shareholder
Zurich, July 31, 2020: The Board of Directors of Dynastar AG (ISIN: CH0396131929) has just been informed of the following:
The previous majority shareholder has sold all of the 292,500 shares he holds in Dynastar AG (90.0% of all Dynastar shares).
Mirador FZE, a single family office based in Fujairah / United Arab Emirates, in turn acquired the aforementioned 292,500 shares in Dynastar AG (90.0% of all Dynastar shares). The real execution of the purchase contract took place today.
In connection with the above-mentioned change of the majority shareholder, the board of directors, in coordination with the new majority shareholder, announced his resignation at the end of the next general meeting.
The new majority shareholder has also announced a new strategic direction for the company. In the future, Dynastar AG will be a holding company - subject to regulatory approvals - for exploration companies with a focus on gold and other selected and strategically important natural resources such as Lithium, cobalt and nickel as well as iron are used.
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31-Jul-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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