Agromino (previously Trigon Agri) comments on changing its name
As announced on 20 April 2017, the Annual General Meeting of shareholders of Agromino A/S (previously Trigon Agri A/S) (the “Company”) approved of changing the name of the Company.
2016 was a year of significant changes for the Company as it, due to being unable to meet the deadline for repayment of the Bonds, underwent the major debt restructuring process that started in April 2016 with the changes in the management structure and progressed up until December 2016, reaching its final point with completion of a full debt to equity swap.
For a metamorphosis into a fully operationally focused entity to be completed, we felt the next important step was to change our name to something more connected with our core business driver, “sound basic agronomy”.
Committed to a fresh start, with an operational focus, we were very pleased to announce our new name “Agromino”.
Agromino is a word play that combines Agronomy with the Japanese given name of “Mino 望” which means to have high aspirations.
Simon Boughton, the CEO, commented: “Agromino couples both our high aspirations and sound agronomic practices, to ensure a profitable business moving forward”.
Mr. Simon Boughton, CEO of Agromino A/S
Tel: +372 6191 500, e-mail: email@example.com
Agromino is an integrated soft commodities production, storage and trading company with operations in Ukraine, Russia and Estonia. Agromino shares are traded on the main market of Nasdaq Stockholm.
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The information was submitted for publication at 12:10 CET on 21 April 2017.