Original-Research: Advanced Blockchain AG - von GBC AG

Einstufung von GBC AG zu Advanced Blockchain AG

Unternehmen: Advanced Blockchain AG

ISIN: DE000A0M93V6

Anlass der Studie: Research Comment

Empfehlung: Buy

Kursziel: 11.00 EUR

Kursziel auf Sicht von: 31.12.2024

Letzte Ratingänderung:

Analyst: Matthias Greiffenberger, Julien Desrosiers

Annual General Meeting resolutions: CEO contract of Simon Telian extended

and supervisory board expanded; Scherzer & Co. increases investment in

Advanced Blockchain AG

The annual general meeting went well. All resolutions were accepted with a

large majority. Advanced Blockchain AG has extended the CEO contract with

Simon Telian until the end of 2026 and added three new members to the

supervisory board. Telian has proven during his tenure as CEO that he is

capable of successfully navigating the company through turbulent phases.

The company had to face high inflation rates and strong volatility in the

blockchain and stock markets. The continuation of the collaboration with

Telian signifies continuity in the company's strategy to secure long-term

growth.

With Rüdiger Andreas Günther, a high-profile member has been added to the

supervisory board, who has also taken over the position of chairman.

Rüdiger Andreas Günther has achieved several remarkable milestones in his

career. He held positions such as CFO at the European market leader in

agricultural machinery technology, CLAAS, and later became the CEO. He held

responsibilities as CFO and labor director at the DAX-listed semiconductor

manufacturer Infineon. He also served as the CFO at the technology company

Jenoptik. Later, he became the CEO at Francotyp-Postalia, a specialty

machine manufacturer, where he also led the finance department.

The appointment of Sebastian Markowsky, Dr. Marcel Tyrell, and Håkan Saltin

as new members of the supervisory board brings additional expertise and

experience to the board. Håkan Saltin has a track record in the

telecommunications and startup industry. His role as co-founder and CTO of

Radtonics, as well as his previous leadership at CLX Communications, a

company listed on Nasdaq, demonstrate his strong connection to technology

and growth markets. With extensive experience in reputable financial

institutions like GP Bullhound, Blockchain Valley Ventures, and Deutsche

Bank, Markowsky brings valuable strategic insights to the supervisory

board. As a professor of banking and finance at the University of

Witten/Herdecke, Dr. Tyrell contributes expertise in the field of

blockchain and digitalization.

The news that Scherzer & Co. AG has increased its investment in Advanced

Blockchain could further strengthen investor confidence. The fact that

Scherzer & Co. has invested not only in the company itself but also in one

of Advanced Blockchain's portfolio companies (Peaq Technology GmbH)

indicates their positive assessment of the company's long-term growth

prospects.

In summary, today's news from Advanced Blockchain indicates a strategic

strengthening of the company. The extension of the CEO contract, the new

additions to the supervisory board, and the increased investment from

Scherzer & Co. collectively send a signal of stability, trust, and a focus

on long-term growth.

Die vollständige Analyse können Sie hier downloaden:

http://www.more-ir.de/d/27613.pdf

Kontakt für Rückfragen

GBC AG

Halderstraße 27

86150 Augsburg

0821 / 241133 0

research@gbc-ag.de

Offenlegung möglicher Interessenskonflikte nach § 85 WpHG und Art. 20 MAR Beim oben analysierten Unternehmen ist folgender möglicher Interessenkonflikt gegeben: (5a,11); Einen Katalog möglicher Interessenkonflikte finden Sie unter:

http://www.gbc-ag.de/de/Offenlegung

Date (time) of completion: 23.08.2023 (11:25)

Date (time) of first publication: 23.08.2023 (12:30)

-übermittelt durch die EQS Group AG.-

Für den Inhalt der Mitteilung bzw. Research ist alleine der Herausgeber bzw.

Ersteller der Studie verantwortlich. Diese Meldung ist keine Anlageberatung

oder Aufforderung zum Abschluss bestimmter Börsengeschäfte.

Quelle: dpa-AFX