Sustainable Food

Search documents
Planet Based Foods Global Inc. Announces Execution of Definitive Agreements for Related Party Debt Settlement
Newsfile· 2025-08-20 21:28
Core Viewpoint - Planet Based Foods Global Inc. has executed definitive debt settlement agreements to extinguish $800,000 of debt through the issuance of subordinate voting shares, thereby strengthening its financial position and focusing on growth initiatives [1][3]. Debt Settlement Agreements - The debt will be settled by issuing shares at a deemed price of $0.0525 per share, which is a 25% discount to the closing price on August 19, 2025 [2]. - A total of 15,238,094 shares will be issued, with 9,523,809 shares going to Coenda for $500,000 of debt and 5,714,285 shares to Baron for $300,000 of debt [2]. Financial Impact - The debt settlement is expected to improve the company's balance sheet significantly by eliminating $800,000 of debt without cash outflow, allowing the company to allocate resources towards growth and operational stability [3]. Related Party Transactions - The creditors involved are related parties, as their principal shareholders are directors of the company, making the debt settlement agreements "related party transactions" under applicable regulations [4]. - The Audit Committee recommended approval of the agreements, citing serious financial difficulty and reasonable terms [5]. Shareholding Changes - Post-settlement, Coenda's ownership will increase from approximately 49.15% to 54.86%, maintaining its status as a control person, while Baron will hold about 16.66% of the shares [6]. Company Overview - Planet Based Foods Global Inc. focuses on sustainable ingredients and plant-based solutions, aiming to contribute to a cleaner and more resilient global food system [7].
Sodexo - Monthly disclosure on share capital and voting rights July 31, 2025
Globenewswire· 2025-08-05 16:03
Company Overview - Sodexo, founded in 1966 in Marseille by Pierre Bellon, is a global leader in sustainable food and valued experiences across various life moments [3] - The company operates with a dual focus on improving the quality of life for employees and consumers while contributing to economic, social, and environmental progress [3] - Sodexo is recognized for its independence, family shareholding, and responsible business model, and is included in several indices such as CAC Next 20 and FTSE 4 Good [3] Key Financial Figures - For fiscal 2024, Sodexo reported consolidated revenues of 23.8 billion euros [6] - As of August 31, 2024, the company employed 423,000 individuals, making it the largest private employer in France and worldwide [6] - Sodexo serves approximately 80 million consumers daily across 45 countries [6] - The company's market capitalization was 7.7 billion euros as of June 30, 2025 [6] Voting Rights Information - All shares of Sodexo have the same voting rights, except for treasury shares which do not have voting rights and registered shares held for more than four years, which have double voting rights [1] - The theoretical voting rights include shares with single or double voting rights, accounting for treasury shares that are temporarily deprived of voting rights [2]
Planet Based Foods Global Inc. Announces CEO Transition and Strategic Leadership Appointment
Newsfile· 2025-07-21 20:30
Core Insights - Planet Based Foods Global Inc. has announced a leadership transition with the appointment of Claire Skillen as Chief Executive Officer, President, and Director, effective immediately [1] - The leadership change is part of the company's renewed strategic direction aimed at enhancing its market strategy and product innovation [5] Leadership Profile - Claire Skillen brings over 15 years of leadership experience across health, natural resources, and technology sectors, with a strong track record in driving innovation and sustainable growth [2] - Skillen holds a Bachelor of Science in Physical Geography and Climatology, a Master of Business Administration, and a Master of Arts in Counseling Psychology, providing a unique blend of strategic business acumen and human systems insight [2] Strategic Focus - Under Skillen's leadership, the company aims to advance a revitalized market strategy, accelerate product innovation, and activate partnerships within the global plant-based ecosystem [5] - The company is focusing on commercialization, international expansion, and innovation in sustainable food systems [6] Vision and Commitment - Skillen emphasized the company's commitment to leading in sustainable, functional food solutions, bridging agriculture, technology, and nutrition [4] - The company is dedicated to environmental stewardship and aims to empower food manufacturers and consumers to participate in a more sustainable global food system [7]
Sodexo - Interim report on liquidity contract as of June 30, 2025
Globenewswire· 2025-07-11 16:20
Group 1 - Sodexo is a global leader in sustainable food and valued experiences, founded in 1966 in Marseille by Pierre Bellon [2] - The company operates in two main sectors: Food and Facilities Management Services, aiming to improve quality of life and contribute to social and environmental progress [2] - As of June 30, 2025, Sodexo's market capitalization was €7.7 billion [7] Group 2 - For the first semester of 2025, Sodexo traded 412,920 shares for €26,508,699 and sold 353,779 shares for €22,872,331 [1] - As of December 31, 2024, the liquidity account had bought 359,601 shares for €28,862,832 and sold 363,244 shares for €29,334,581 [1] - The company had 423,000 employees as of August 31, 2024, and served 80 million consumers daily [7]
Sodexo - Monthly disclosure on share capital and voting rights on May 31, 2025
Globenewswire· 2025-06-06 16:00
Core Points - The article provides a monthly disclosure of share capital and voting rights for Sodexo as of May 31, 2025, detailing the total number of shares and voting rights [1][5] - Sodexo is a global leader in sustainable food and facilities management services, emphasizing its commitment to improving quality of life and social responsibility [3][6] Group 1: Share Capital and Voting Rights - As of May 31, 2025, Sodexo has a total of 147,454,887 shares, with actual voting rights amounting to 216,573,087 and theoretical voting rights at 218,108,019 [1][2] - Actual voting rights are equal for all company shares, except for treasury shares and registered shares held for over four years, which have double voting rights [1][2] Group 2: Company Overview - Founded in 1966, Sodexo operates in 45 countries and serves 80 million consumers daily, positioning itself as the 1 France-based private employer worldwide [3][6] - The company reported consolidated revenues of 23.8 billion euros for fiscal 2024 and has a market capitalization of 8.5 billion euros as of April 3, 2025 [6]
Sodexo - Monthly disclosure on share capital and voting rights on April 30, 2025
Globenewswire· 2025-05-06 16:00
Group 1 - The core business of Sodexo includes Food and Facilities Management Services, focusing on improving quality of life and contributing to social and environmental progress [3] - Sodexo operates in 45 countries and serves 80 million consumers daily, highlighting its global reach and impact [6] - The company reported consolidated revenues of 23.8 billion euros for Fiscal 2024, indicating strong financial performance [6] Group 2 - As of April 3, 2025, Sodexo's market capitalization stands at 8.5 billion euros, reflecting its valuation in the market [6] - The company employs 423,000 individuals, making it the largest private employer based in France [6] - Sodexo is recognized in various indices, including CAC Next 20 and FTSE 4 Good, showcasing its commitment to sustainable practices [3]