The board of directors of ProgressNow!investAG has today decided to abandon the project for the realignment of the company with IPM St. Gallen AG, as no agreement could be reached regarding the implementation of the project. The proposed realignment of the company, presented at the extraordinary general meeting on 30 September 2015, as an investment company with focus on investments in businesses in the sustainable food industry will no longer take place. The board of directors is currently considering further steps and will inform in the course of the coming weeks.

ProgressNow! invest AG issued this content on 2016-01-20 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-21 09:04:20 UTC

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