EQS-News: EAMD European AeroMarine Drones AG / Keyword(s): ESG/Bond Issue
EAMD AG and strategic partner LIFT Air GmbH achieve high ESG ratings and will issue a convertible bond for EUR 20 million to finance the acquisition of 51% of LIFT Air GmbH
2024-08-15 / 5:15 PM CET/CEST
The issuer / publisher is responsible for the content of this announcement.
In cooperation with LIFT Air, EAMD offers manned and unmanned special aircraft for environmentally friendly aviation. As part of the strategic partnership, EAMD has an option to acquire 51% of LIFT Air GmbH, which has been extended until 2024-12-15. To finance this transaction, EAMD’s Management Board and Supervisory Board have decided to issue a convertible bond of up to EUR 20 million.
EAMD was rated “Very Good” with the highest score “1” in the Dun & Bradstreet Overall Environmental, Social, and Governance (ESG) Rating, while LIFT Air GmbH was rated “Good” with a score of “2”. Dun & Bradstreet’s ESG ranking assigns ratings on a scale of 1 to 5 in a normal distribution, where a score of 1 indicates the best performance or low risk, based on assessments of 13 ESG topics and 31 specific criteria.
ESG standards are increasingly becoming central criteria in investment decision-making processes. ESG was first introduced by the United Nations in 2004 and has evolved into a key measure for evaluating a company’s sustainability performance. Reputable organizations assign ESG ratings to companies, thereby assessing their potential for sustainable development.
EAMD European AeroMarine Drones AG:
EAMD AeroMarine Drones AG is a publicly listed company based in Berlin. EAMD offers the development of industry solutions and sales for innovative, sustainable, and green aviation concepts worldwide. The company pools the expertise of innovative European SMEs and European research institutions.
LIFT Air GmbH:
LIFT Air GmbH is part of the LINDIG Group and manages various companies and projects in the field of Green Aviation. With its stakes in Flight Design, HORTEN Aircraft, and Winglift, the company is positioned in the growing field of Advanced Air Mobility (AAM). All LIFT Air activities pursue the vision of taking a leading role in green aviation through the use of innovative aviation concepts and green energy.
Dun & Bradstreet:
Dun & Bradstreet is a leading global provider of business decision data and analytics with a rich 200-year tradition and offers ESG intelligence services to provide detailed insights into sustainability performance. This ESG service covers approximately 80 million companies in over 185 countries, offering a comprehensive overview of sustainability practices at a global level.
2024-08-15 CET/CEST Publication of a Corporate News/Financial News, transmitted by EQS News – a service of EQS Group AG.
The issuer / publisher is responsible for the content of this announcement.
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Language: German
Company: EAMD European AeroMarine Drones AG Wichertstraße 13 10439 Berlin Germany
Phone: +49 40 524737930
Email: info@eamd.eu
Website: eamd.io
ISIN: DE0006611957
WKN: 661195
Exchanges: Open Market Düsseldorf
EQS News ID: 1969155