AlzChem Group AG announces the start of the share repurchase program which was published by an ad hoc announcement dated February 2, 2021. Starting February 8, 2021, AlzChem Group AG (hereinafter also referred to as the “Company”) will repurchase over a period of up to twelve months up to 50,000 no-par-value shares of the Company having a total purchase price of up to EUR 1 million (excluding ancillary purchase costs) exclusively on the electronic trading platform of the Frankfurt Stock Exchange (XETRA). The maximum purchase price per share (excluding ancillary purchase costs) will not exceed or fall short of the share price determined by the opening auction in XETRA trading on the trading day by more than 10 per cent.
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We are pleased to have Protekta as our Sales and Distribution partner for Creamino® in Canada. Their contacts in the industry and their dedication to representing technically sound feed additives are a perfect fit for AlzChem. We anticipate great success in working with Protekta to introduce the benefits of Creamino® to Canadian poultry producers.
The Management Board of AlzChem Group AG decided, with the approval of the Supervisory Board and in accordance with the authorization granted by the Annual General Meeting on May 14, 2019, to buy back, starting February 8, 2021 and for a maximum of twelve months, up to 50,000 shares of the company at a total purchase price of up to EUR 1 million (excl. incidental acquisition costs) via the stock exchange.
Perlka® has entered one of the main fertilizer markets in the world: Brazil. In November 2020, we delivered our first container to the state of Santa Catarina.
[Translate to Englisch:] In der Woche vom 8. Februar 2021 werden flächige Baumfällungen beginnend von der Evangelischen Kirche bis zur Wehranlage Trostberg/Schwarzau, flussabwärts auf der rechten Uferseite, durchgeführt. Diese Arbeiten dauern voraussichtlich zwei bis drei Wochen an.
AlzChem, the leading manufacturer of high-quality creatine monohydrate, has successfully presented in a voluntary GRAS notification that the use of its self-manufactured creatine monohydrate under the Creapure® brand in food is safe. GRAS stands for “Generally Recognized As Safe”. The conclusion is based on all available data on creatine in conjunction with the controlled manufacturing process and the high product quality of AlzChem’s self-manufactured creatine monohydrate under the Creapure® brand.
After an extremely positive business performance at the end of the year, AlzChem Group AG will close fiscal year 2020 with sales slightly above and adjusted EBITDA significantly above the most recent forecast.
Alzogur® is a biocide for the treatment of slurry in pig houses. The Netherlands recently granted Alzogur® a registration for fly control in pig farms.