PTA-Adhoc: CAG International AG: CAG International AG Statement on Recent Market Activity

Wednesday, 23. December 2020 17:38

Public disclosure of inside information according to article 17 MAR

Baar (pta023/23.12.2020/17:38) - CAG International AG Statement on Recent Market Activity

Zug, Switzerland, - December 23, 2020 - CAG International AG, a company traded on the Vienna Direct MTF (Ticker Symbol CAG:AV) ("CAG International" or the "Company") released a statement today with respect to recent activity in the company's shares.

The Company is unaware of any material changes or developments in the Company's fundamental situation to explain recent trading activity. The Company further noted that it does not know the reason for the significant multi-directional volatility that has occurred in the trading of the shares in the last several trading sessions. The Company does not itself engage in market actions.

Management continues to implement the Company's strategic growth and expansion strategy as outlined in previous communications.

About CAG International AG
CAG International AG develops, markets and operates global outsourced corporate training solutions and corporate agility training. The Company, through its wholly owned subsidiary CAG Sweden AB owns 2 subsidiaries MCLP Sweden AB and MA Sweden AB which together make up the Minerva Group.

CAG is now ramping up to expand its ecosystem of international training resources using its proprietary Carve-Outsourcing or CORE, business agility tool.

CORE explained: CAG provides an elegant and seamless solution, tailored to match each clients' needs in the form of full-service training organization, catering to all their unique training needs. Using our special carve-out methodology, CORE, CAG acquires the client's training personnel and systems. It absorbs them into CAG's own infrastructure. This is done in return for a multi-year training contract (SLA) between CAG and the client.

For more information about CAG International AG, please visit www.caginternationalag.com.

Forward-Looking Statements
Certain statements in this press release that are not historical facts are forward-looking statements that reflect management's current expectations, assumptions, and estimates of future performance and economic conditions, and involve risks and uncertainties that could cause actual results to differ materially from those anticipated by the statements made herein. Forward-looking statements are generally identifiable by the use of forward-looking terminology such as "believe," "expects," "may," "looks to," "will," "should," "plan," "intend," "on condition," "target," "see," "potential," "estimates," "preliminary," or "anticipates" or the negative thereof or comparable terminology, or by discussion of strategy or goals or other future events, circumstances, or effects. Moreover, forward-looking statements in this release include, but are not limited to, the impact of the current COVID-19 pandemic, which may limit access to the Company's facilities, customers, management, support staff and professional advisors, and to develop and deliver services and products. The Company's forward-looking statements could be affected by many factors, including, but not limited to, the Company's ability to commercialize, demand for the Company's products and services, economic conditions in the U.S. and worldwide, and the Company's ability to recruit and retain management, technical, and sales personnel. Further information relating to factors that may impact the Company's results and forward-looking statements are disclosed in the Company's filings with the Securities and Exchange Commission. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company disclaims any intention or obligation, other than imposed by law, to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Contacts:

CAG International AG
Zugerstrasse 72,
6340 Baar, Switzerland

info@caginternationalag.com

https://www.caginternationalag.com/

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emitter: CAG International AG
address: Zugerstrasse 72, 6340 Baar
country: Switzerland
contact person: Hans Amell
e-mail: info@caginternationalag.com
website: www.caginternationalag.com

ISIN(s): CH0505534542 (share)
stock exchanges: Vienna MTF in Vienna

[ source: http://www.pressetext.com/news/20201223023 ]

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