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
Директор за връзки с инвеститорите
Деница Стефанова-Георгиева, email: investors@shelly.com