“Mr. Adam took the decision to resign due to personal reasons (…). In the following period, the management of the Company will inform all interested parties regarding the person appointed as the new Chief Financial Officer of the Company”, Holde Agri Invest representatives said, as quoted in the report.

HAI shares have traded down 20.6% so far in 2024, amid deals worth RON6.23 million, ensuring a market capitalization of RON96.2 million.

The company’s shareholding structure includes S. Sevenx Ventures (13.7%) and Vertical Seven Group (11%), as per stock market data.

Holde Agri Invest ended 2023 with a loss of RON28.5 million compared to RON2 million loss in 2022. Its revenue plunged 18% on the year to RON97 million.