RotoGro Engages DGWA and Completes Dual Listing on Frankfurt Stock Exchange
Roto-Gro International Limited (“ASX:RGI”, “RotoGro” or the “Company”) is pleased to announce the appointment of Deutsche Gesellschaft für Wertpapieranalyse GmbH (“DGWA“) as RotoGro’s European Corporate Advisor.
The engagement of DGWA provides the Company with Investor Relations and Corporate Advisory services, positioning the Company in the German-speaking media environment and broadening investment from European retail and institutional investors. With more than 25 years’ experience guiding listed companies, leading initial public offerings, dual listings and corporate finance, the appointment of DGWA provides the Company with an opportunity to expand the level of interest in RotoGro throughout Europe and compliments the Company’s dual listing on the Frankfurt Stock Exchange under the code FRA:RCH.
Mr. Stefan Müller is the CEO and founder of DGWA. Mr. Müller graduated with a degree in Finance & Banking before beginning his career at Dresdner Bank AG where he worked his way up to senior vice president of global equity trading. Furthering his career, he joined Bankhaus Sal Oppenheim as head of Global Proprietary Trading and then went on to lead Proprietary Partners AG, a Swiss based hedge fund advisory as Managing Partner before founding DGWA.
Mr. Müller holds the position of Non-Executive Director at Cape Lambert Resources Limited (‘ASX:CFE’ or ‘CFE’) and European Lithium Limited (‘ASX:EUR’ or ‘EUR’) both dual-listed on the Australian Securities Exchange and Bӧrse Frankfurt. The engagement of DGWA has seen the European Shareholder base of both EUR and CFE increase to 70% and 30% respectively. He is also a member of the supervisory board of Agrarius AG (“Agrarius”), a publicly-listed German agricultural company which grows perishable foods in central Europe providing high quality food products directly to wholesalers.
Commenting on DGWA’s appointment, Mr Müller said “We are very excited to be working with RotoGro as RotoGro looks to advance its cutting-edge agricultural technology and investments in high value crop facilities. The European investor community is very conversant with the Agricultural, Engineering and Technology space which places RotoGro in a unique position to capitalise on the strength of European investment in these sectors. Additionally, there is keen interest from Agrarius to partner in technology and urban farming opportunities in Europe.
Managing Director of RotoGro, Michael Carli states, “The engagement of DGWA and the Dual Listing on the Frankfurt Stock Exchange are key milestones in our aspirations of building a European investor base and operational footprint. Boasting a population in excess of 750 million, the opportunities to capitalise on the changes to cannabis legislation and partnering with existing perishable food growers such as Agarius are very exciting. We remain committed to building shareholder value through the pursuit of lawful cannabis licenses and equity interests in perishable food growing facilities. The Company has fielded preliminary enquiries from a private equity group in Germany with an interest in creating special purpose vehicles for urban farming projects across Europe.”