Pitmans schreef op 14 mei 2024 10:03:
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14 May, 2024 | 4 min read
DGB Group provides update on agreement with leading car manufacturer
DGB Group N.V. (“DGB” or “the Group”) (Euronext: DGB: NL0009169515), a leading carbon project developer and ecosystem restoration company, provides an update on its agreement with a leading car manufacturer ("the Client"), which was signed on 30 October 2023.
The agreement granted the Client exclusivity and the option to acquire carbon units from DGB’s esteemed Bulindi Chimpanzee Habitat Restoration Project, to be verified under Gold Standard number GS 12226 (the "Project"). The commitment followed the announcement that the Project would be featured in the BBC's upcoming 'Planet Earth III' documentary series, narrated by David Attenborough. The episode spotlighting the Bulindi Chimpanzees aired in the UK on 19 November 2023, with further broadcasts scheduled across various European regions thereafter.
Initially, the agreement stated that the exact volume for purchase was to be confirmed by 31 December 2023. DGB offered an extension on the option to 31 January 2024 and, in accordance with this newly agreed deadline, the Client sent the option exercise notice on 30 January 2024, which confirmed the purchase volume of 240,000 carbon units.
The exercise of the option agreement and the agreed purchase volume of 240,000 carbon units has been taken into account in DGB’s financial outlook, as mentioned in its 2023 annual report and recent Q1 update.
DGB looks forward to finalizing and will continue to communicate any new information to the market as it becomes available.
www.green.earth/press-releases/dgb-gr...