Proactive Interview Transcript 08/09/20208 Sep 2020 17:55
PART 1/3
Proactive Investors (PI) - Big news for you today in terms of you’ve updated the market on your entry of institutional investors into the share capital of Supply@ME, right? What exactly dose this mean? Break this down. Why is it important for a shareholder today, this information?
Alessandro Zamboni (AZ) - Yes. Firstly it is very positive news for us. Also, for our investors. Because you know, that for us it is important for us to work alongside intermediaries, banks, institutionals. Our business model is based on the partnership with banks, the funders, and accordingly, the opportunity, as I was saying in recent interviews, to work and to give opportunity to investor institutionals to entry in our share capital. For us, it is another boost in order to increase the funding. Because it is important to our investors to say, that right now we fall in the period where we close the funding side. And all the news that we are going to announce are related to positive news for the funding side.
PI - Ok, so Alessandro the main strategy here is funding?
AZ - Correct, because our platform we talk with the market in relation to powerful of our service, the inventory monetisation, and the demand is huge, but right now, investors have to understand that we are in the phase, the delivery phase, and the funding phase is also related to the opportunity to work alongside institutional investors and specific institutional investors ask us to entry in the capital, the equity shares, and accordingly we manage obviously we pay attention, but we are very interested to talk to the market that in the equity side we have also institutional investors with our retailer investor. And my shares that are in Orchestra Group are increasing, so I am not selling my shares or my vehicle, but I am using a vehicle in our strategy to work alongside institutionals.