Transition Evergreen Extends Agreement with Zencap Asset Management
Transition Evergreen announces the extension of the memorandum of understanding initially signed with Zencap Asset Management on December 5, 2025. An amendment dated January 30, 2026, has been agreed upon by both parties to postpone the original deadline in order to finalize the reorganization operations.
Initial Agreement and Amendment Details
Transition Evergreen, a company listed on Euronext Paris (ISIN FR0000035784) dedicated to ecological transition and carbon footprint reduction, entered into a memorandum of understanding with Zencap Asset Management on December 5, 2025. This agreement included reorganization operations authorized by a court order dated January 7, 2026. An amendment signed on January 30, 2026, extended the initial agreement until February 27, 2026.
Purpose of the Extension
The completion of the reorganization operations, initially scheduled by January 31, 2026, remained subject to the fulfillment of several suspensive conditions. Some of these conditions involve obtaining prior consent from third parties regarding the planned operations within the reorganization framework. The extension until February 27, 2026, aims to allow for the lifting of all these suspensive conditions.
Further Information to Follow
More detailed information will be provided through a press release upon the completion of these operations.
