Orion Corporation: Managers’ transactions – Hilpi Rautelin
GlobeNewswire· 2025-05-02 08:45
Core Insights - Orion Corporation has reported a transaction involving Hilpi Rautelin, a member of the Board, who received a share-based incentive on April 30, 2025 [1] - The transaction involved 508 shares with a unit price of 0 EUR, indicating a non-monetary incentive [1] Company Overview - Orion Corporation is a Nordic pharmaceutical company with over a century of experience in developing, manufacturing, and marketing pharmaceuticals and active pharmaceutical ingredients [2] - The company focuses on oncology and pain management in its pharmaceutical R&D, with proprietary products aimed at treating cancer, neurological diseases, and respiratory diseases [2] - In 2024, Orion's net sales reached EUR 1,542 million, and the company employed approximately 3,700 professionals globally [2] - Orion's shares are listed on Nasdaq Helsinki, comprising both A and B shares [2]
Orion Corporation: Managers’ transactions – Maziar Mike Doustdar
GlobeNewswire· 2025-05-02 08:45
ORION CORPORATION MANAGERS’ TRANSACTIONS 2 MAY 2025 at 11.45 EEST Orion Corporation: Managers’ transactions – Maziar Mike Doustdar Orion Corporation has received the following disclosure under Market Abuse Regulation (EU) No 596/2014, regarding transactions with shares and linked securities in Orion Corporation made by managers and their closely associated persons. Orion Oyj - Managers' Transactions____________________________________________Person subject to the notification requirementName: Maziar Mike D ...
Form 8.5 (EPT/RI)- GlobalData plc
GlobeNewswire· 2025-05-02 08:42
FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Name of exempt principal trader:Investec Bank plc(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offereeGlobalData plc(c) Name of the party to the offer with which exempt principal trader is connected:Investec is Joint B ...
Municipality Finance issues a EUR 50 million tap under its MTN programme
GlobeNewswire· 2025-05-02 08:00
Municipality Finance PlcStock exchange release 2 May 2025 at 11:00 am (EEST) Municipality Finance issues a EUR 50 million tap under its MTN programme On 5 May 2025 Municipality Finance Plc issues a new tranche in an amount of EUR 50 million to an existing benchmark issued on 29 August 2024. With the new tranche, the aggregate nominal amount of the benchmark is EUR 1.150 billion. The maturity date of the benchmark is 29 August 2029. The benchmark bears interest at a fixed rate of 2.500 % per annum. The new ...
Suspension is lifted
GlobeNewswire· 2025-05-02 07:25
Core Viewpoint - The suspension of live trading for certain funds on Nasdaq Copenhagen has been lifted, allowing trading to resume on May 2 [1] Group 1: Fund Information - The following funds and their respective share classes will resume trading: SKAGEN Focus A, SKAGEN Global A, SKAGEN Kon-Tiki A, SKAGEN m2 A, SKAGEN Vekst A, Storebrand Indeks – Alle Markeder A5, Storebrand Indeks – Nye Markeder A5, Storebrand Global Plus A5, Storebrand Global Solutions A5, Storebrand Global Multifactor A5 [1] - Each fund is identified by its symbol and ISIN, ensuring clarity for investors [1] Group 2: Company Overview - Storebrand is Norway's largest private asset manager with assets under management (AuM) of approximately DKK 900 billion [1] - The company is a leading Nordic provider of sustainable pensions and savings, with over 30 years of experience in ESG investing [1] - Storebrand offers a multi-boutique platform in Denmark, delivering sustainable investment solutions through various brands including Storebrand Funds and SKAGEN Funds [1]
BW Energy: 2025 Annual General Meeting – Notice
GlobeNewswire· 2025-05-02 07:00
Company Overview - BW Energy is a growth exploration and production (E&P) company focusing on proven offshore oil and gas reservoirs through low-risk phased developments [1] - The company has access to existing production facilities, which allows for reduced time to first oil and cash flow with lower investments compared to traditional offshore developments [1] Assets and Interests - BW Energy holds a 73.5% interest in the producing Dussafu Marine licence offshore Gabon [1] - The company has a 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in the BM-ES-23 block, a 95% interest in the Maromba field in Brazil, and a 95% interest in the Kudu field in Namibia, all operated by BW Energy [1] - Additionally, BW Energy owns approximately 6.6% of the common shares in Reconnaissance Energy Africa Ltd. and a 20% non-operating interest in the onshore Petroleum Exploration License 73 (PEL 73) in Namibia [1] Reserves and Resources - Total net 2P+2C reserves and resources were reported at 599 million barrels of oil equivalent at the start of 2025 [1]
Kalmar completes STS crane repair project for JNPA in Mumbai
GlobeNewswire· 2025-05-02 07:00
Core Viewpoint - Kalmar has successfully completed a repair project for a ship-to-shore (STS) crane at the Nhava Sheva Freeport Terminal (NSFT) in Mumbai, India, in collaboration with the Jawaharlal Nehru Port Authority (JNPA) [6][7]. Company Summary - Kalmar Corporation is a global leader in sustainable material handling equipment and services, operating in over 120 countries with approximately 5,200 employees. In 2024, the company reported sales of approximately EUR 1.7 billion [10]. - The company specializes in heavy material handling equipment and services for ports, terminals, distribution centers, manufacturing, and heavy logistics [10]. Industry Summary - JNPA is a significant government-owned container handling port in India, responsible for around 50% of the total containerized cargo volume at the country's major ports [7]. - The STS cranes at NSFT are essential for the loading and unloading of intermodal containers, highlighting the importance of maintaining such equipment for operational efficiency [8].
EXA Infrastructure selects Nokia to expand international connectivity network capabilities
GlobeNewswire· 2025-05-02 07:00
Core Insights - EXA Infrastructure has selected Nokia's optical transport solution to enhance its international connectivity network capabilities, addressing the growing demand for cost-effective connectivity between major data centers [1][3] - The upgraded network will feature a modernized 1.2T-per-channel capacity, providing improved high-capacity and low-latency connectivity services across EXA Infrastructure's international network [1][8] - The collaboration follows a successful trial of Nokia's ICE7 solution in Europe, which demonstrated high performance and cost efficiency [3][4] Company Overview - EXA Infrastructure, headquartered in London, operates a critical fiber network spanning 155,000 km across 37 countries, including six transatlantic cables and the lowest-latency link between Europe and North America [2] - The company provides essential infrastructure for governments and enterprises, focusing on hyperscale and ultra-low latency networks for data centers [2] Technological Advancements - The integration of Nokia's 1830 Global Express (GX) platform and ICE7 coherent optics will enable EXA Infrastructure to enhance its service offerings, increasing network capacity by up to 15% while reducing power and cost per bit by as much as 50% [5][8] - The transition from existing ICE6-based infrastructure to ICE7 is designed to meet the surging bandwidth demands in the AI era, ensuring sustainability and efficiency in power consumption [4][5]
Golar entered into 20-year agreements for 5.95mtpa nameplate capacity in Argentina – one of the world’s largest FLNG development projects.
GlobeNewswire· 2025-05-02 06:32
Core Viewpoint - Golar LNG Limited has announced the Final Investment Decision for a 20-year re-deployment charter of the FLNG Hilli and signed agreements for a 20-year charter for the MKII FLNG, both to be operated offshore Argentina, which is expected to significantly enhance the company's earnings backlog and commodity exposure [1][2][4]. Group 1: Charter Agreements - The two FLNG agreements are projected to contribute US$ 13.7 billion in earnings backlog over 20 years, before adjustments based on US-CPI and commodity-linked tariff upside [2]. - For every US$ 1/mmbtu increase above US$ 8/mmbtu, Golar expects an additional US$ 100 million in earnings when both FLNGs are operational [2]. - SESA has the option to reduce the term of the agreement to 12 years for FLNG Hilli and 15 years for MKII FLNG, subject to a 3-year notice and payment of a fee [2]. Group 2: Commodity Linked Tariff - Golar will receive 25% of realized FOB prices above a threshold of US$ 8/mmbtu, with no cap on the upside for gas prices [3]. - A mechanism allows for a partial reduction in charter hire if FOB prices fall below US$ 7.5/mmbtu, down to a floor of US$ 6/mmbtu, with a maximum accumulated discount capped at US$ 210 million [3]. - Any outstanding discounted charter hire amounts will be repaid through additional upside sharing if FOB prices exceed US$ 7.5/mmbtu [3]. Group 3: Project Support and Infrastructure - The project has received full support from the National and Provincial Governments in Argentina, including a 30-year LNG export authorization and qualification for the Incentive Regime for Large Investments [5]. - The FLNGs will be located offshore in the Gulf of San Matias, monetizing gas from the Vaca Muerta formation, which is the world's second-largest shale gas resource [6]. - SESA plans to construct a dedicated pipeline from Vaca Muerta to the Gulf of San Matias to supply gas to the FLNGs, enhancing operational efficiencies [6]. Group 4: Company and Market Position - Golar LNG Limited is a leading maritime LNG infrastructure company, recognized for pioneering floating LNG projects and currently positioned as a pure play FLNG provider [10]. - The partnership with leading Argentinian gas producers through SESA is expected to establish Argentina as a significant LNG exporter, leveraging the vast resources of the Vaca Muerta formation [7].
Meriaura Group Plc’s business review for January–March 2025
GlobeNewswire· 2025-05-02 06:30
Meriaura Group PlcBusiness review, insider information 2 May 2025 at 8.30 am (CEST) Meriaura Group Plc’s business review for January–March 2025 The Group’s key figures and significant events in January–March 2025• Revenue in January–March amounted to EUR 21.4 million (January–March 2024: EUR 17.9 million).• EBITDA was EUR 1.4 (1.2) million, or 6.8% of revenue.• The operating result (EBIT) was EUR -0.1 (-0.2) million, or -0.3% of revenue.• The result was EUR -0.5 (-0.5) million, or -2.5% of revenue.• On 29 J ...