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

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.
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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
www.crossalliance.de

30-Nov-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English Company: Allterco JSCo 103 Cherny Vrah Bldv 1407 Sofia Germany E-mail: s.iliev@allterco.com Internet: www.allterco.com ISIN: BG1100003166 WKN: A2DGX9 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin EQS News ID: 1252821
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1252821  30-Nov-2021 CET/CEST