Business
Management Increase In Shareholding & Business Update
Management Increase In Shareholding & Business Update.
About this update from Plural Industry Holding Group Co. Limited
[{"type":"text","content":"PIHG Management Increases Holding In Company & Update On Expansion PlansFebruary 17, 2023Following the conversion of Preferred Stock, PIHG has issued 4.0 million common shares, increasing the number of common shares in issue to 5,221,526, including 1.0 million to the Company’s president, Simon Littlewood; 500,000 to the Company’s CFO, Guodong Chai; 500,000 to Zhongji Liu, the Company Secretary, and 1.0 million to Infra AG, a company controlled by Littlewood. All the shares issued are restricted stock and are not available for trading on the OTC Markets.Simon Littlewood, PIHG President, commented: “The Company is working on a number of potential investments, projects and partnerships in the sustainability, fintech, carbon, food, energy, materials and impact media sectors, which if successful will rapidly expand the size of the Company. This expansion will be funded by a mixture of share issues and raising cash for the Company from issuing new shares, which will significantly increase the number of shares in issue, ultimately hopefully increasing the liquidity of the Company’s stock, and the size of the Company’s balance sheet.“We shall also be announcing a number of additions to our management team and partnerships over the coming weeks to help with this expansion.“We believe now is the time to position our Company as the ideal partner to take advantage of new and emerging financing tools and technologies, the accelerating transition from fossil fuels to a more sustainable economy, geopolitical shifts, the rise of Africa and other Developing Economies, and China’s re-opening and shifting of its production and economic model.”For additional information, or to be placed on our mailing list, please contact [email protected] or visit www.pluralihg.com or LinkedIn See attached announcement for full details, and Forward-Looking Statement Notice","length":2613,"tagName":"div"}]