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LIFT Appoints Jeff Reinson as Senior Vice President of Development
Globenewswire· 2026-02-25 08:05
Company Appointment - Li-FT Power Ltd. has appointed Jeff Reinson as Senior Vice President of Development, bringing over 25 years of project and engineering leadership experience [1][4] - Reinson previously served as Vice President of Operations at Burgundy Diamond Mines and has held senior roles at Goldcorp, Newmont, and Rio Tinto [2] Compensation and Incentives - The Company has granted 175,000 stock options at an exercise price of $7.20 per share, vesting over two years, and 15,000 restricted share units (RSUs) vesting over three years [3] - The RSUs will be settled in common shares at a deemed price of $7.20 per share upon vesting [3] Investor Relations - Li-FT Power Ltd. has retained Rose & Company for investor relations and institutional outreach services, with a quarterly payment of USD$50,000 starting February 23, 2026 [5][6] - The initial term for the services is one year, ending February 22, 2027, with the possibility of annual extensions [6] Company Overview - Li-FT Power Ltd. is engaged in the acquisition, exploration, and development of lithium pegmatite projects in Canada, with its flagship project being the Yellowknife Lithium Project [8]
21shares Announces Launch of Strategy Yield ETP (STRC), Offering Investors Access to the Intersection of Crypto and Traditional Finance
Globenewswire· 2026-02-25 08:00
Core Viewpoint - 21Shares AG has launched the 21shares Strategy Yield ETP, providing exposure to a bitcoin-backed digital yield instrument, marking its first equity-linked product [1][2]. Company Overview - 21Shares AG is a leading issuer of cryptocurrency exchange-traded products (ETPs) and aims to bridge traditional finance with decentralized finance [8][9]. - The company has a track record of creating crypto ETPs since 2018 and is backed by a specialized research team and proprietary technology [9]. Product Details - The 21shares Strategy Yield ETP (Ticker: STRC) will be listed on Euronext Amsterdam and is set to begin trading on February 26, 2026 [1][2]. - STRC offers exposure to a preferred security issued by Strategy Inc., a software company and the largest corporate holder of bitcoin, holding over 700,000 bitcoin, which is about 3% of the total bitcoin supply [2][5]. - The underlying asset, STRC, is a Variable Rate Series A Perpetual Stretch Preferred Stock that provides yield-enhanced exposure linked to Strategy's bitcoin-centric reserve policy [3][4]. Yield and Income Potential - The ETP offers a high income stream with a current yield of 11.25%, paid monthly in cash and tax-deferred [7]. - Distributions have been consistently paid since issuance, with a reserve coverage of over 50 years [4]. Market Positioning - STRC is designed to trade close to its USD 100 par value, with regular distribution adjustments to support price stability [6]. - Preferred securities like STRC have historically shown lower volatility compared to common equity or cryptocurrencies, providing a more stable investment option [6]. Strategic Goals - The launch of STRC reflects 21Shares' commitment to innovation and aims to provide both institutional and retail investors with an efficient way to add yield to their portfolios [7]. - The product is positioned to expand access for European investors to a new capital model that integrates traditional and digital asset investment [7].
Integrated Annual Report 2025: record strategic progress with +0.7 GW of new green capacities installed, completed mass smart meter roll-out, and Adjusted EBITDA beat
Globenewswire· 2026-02-25 07:34
Financial Performance - Adjusted EBITDA for the full-year 2025 was EUR 546.1 million, representing a 3.4% increase year-over-year, exceeding the guidance range of EUR 510–540 million, driven by strong performance in Green Capacities and Networks [2] - Total Investments in 2025 amounted to EUR 720.3 million, a decrease of 11.3% year-over-year, within the guidance range of EUR 700–800 million, with 53.1% allocated to Networks and 39.7% to Green Capacities [3] - Net Debt increased to EUR 1,912.0 million as of December 31, 2025, an 18.6% increase from EUR 1,612.3 million in 2024, leading to a decrease in FFO/Net Debt ratio to 21.0% from 29.7% [4] Business Development - Installed capacity in Green Capacities increased to 2.1 GW from 1.4 GW, with key milestones including Final Investment Decisions for several projects in Lithuania [5] - A 10-year Investment Plan for Networks was set at EUR 3.5 billion, with a 40% increase, and the completion of a mass smart meter roll-out with 1.3 million smart meters installed [6] - The company won a Polish capacity mechanism auction for 381 MW in Q1 2026 and signed a 7-year PPA with Lithuanian TSO at a fixed price of EUR 74.5/MWh [7] Sustainability - The Green Share of Generation was 70.2%, a decrease of 11.3 percentage points year-over-year, attributed to higher electricity generation at Elektrėnai Complex [8] - Total GHG emissions in 2025 were 4.49 million t CO2-eq, a 10.1% increase year-over-year, with Scope 1 emissions rising by 54.7% due to new services [9] - Carbon intensity (Scope 1 & 2) increased to 248 g CO2-eq/kWh, a 24.5% rise year-over-year, driven by intensified electricity generation from natural gas [10] Shareholder Returns and Outlook - The proposed total dividend for 2025 is EUR 1.366 per share, a 3.0% increase year-over-year, amounting to EUR 98.9 million, representing a yield of 6.2–6.4% for shareholders [14] - For 2026, the company expects Adjusted EBITDA to be between EUR 550–600 million and Investments to be between EUR 590–690 million [15] Key Financial Indicators - Adjusted EBITDA for 2025 was EUR 546.1 million, up from EUR 527.9 million in 2024, while Net profit decreased to EUR 163.9 million from EUR 276.2 million [16] - Investments in Networks increased by 13.5% to EUR 382.5 million, while Investments in Green Capacities decreased by 34.2% to EUR 285.9 million [16] - FFO decreased by 16.2% to EUR 400.9 million, and the Adjusted ROE fell to 9.2% from 11.8% [16]
Integrated Annual Report 2025: record strategic progress with +0.7 GW of new green capacities installed, completed mass smart meter roll-out, and Adjusted EBITDA beat
Globenewswire· 2026-02-25 07:31
Financial Performance - The company's Adjusted EBITDA for the full year 2025 was EUR 546.1 million, representing a 3.4% increase year-over-year, exceeding the guidance range of EUR 510–540 million [2] - Investments in 2025 totaled EUR 720.3 million, a decrease of 11.3% year-over-year, within the guidance range of EUR 700–800 million [3] - Net Debt increased to EUR 1,912.0 million as of December 31, 2025, an 18.6% increase compared to EUR 1,612.3 million as of December 31, 2024 [4] Business Development - Installed capacity in Green Capacities increased to 2.1 GW from 1.4 GW, with significant investment decisions made for various projects in Lithuania [5] - The Networks segment saw investments of EUR 3.5 billion, a 40% increase, as part of a 10-year investment plan [6] - The company won a Polish capacity mechanism auction for 381 MW capacity availability in Q1 2026 [7] Sustainability - The Green Share of Generation was 70.2%, a decrease of 11.3 percentage points year-over-year, attributed to higher electricity generation at the Elektrėnai Complex [8] - Total GHG emissions in 2025 were 4.49 million tons CO2-eq, a 10.1% increase year-over-year, with Scope 1 emissions rising by 54.7% [9] - Carbon intensity (Scope 1 & 2) increased to 248 g CO2-eq/kWh, a 24.5% rise year-over-year [10] Shareholder Returns and Outlook - The proposed total dividend for 2025 is EUR 1.366 per share, a 3.0% increase year-over-year, amounting to EUR 98.9 million [14] - For 2026, the company expects Adjusted EBITDA to be between EUR 550–600 million and Investments to be between EUR 590–690 million [15] Key Financial Indicators - Adjusted EBITDA for 2025 was EUR 546.1 million, up from EUR 527.9 million in 2024, while Net Profit decreased by 40.7% to EUR 163.9 million [16] - FFO decreased by 16.2% to EUR 400.9 million, and the FFO/Net Debt ratio fell to 21.0% from 29.7% [16] - The company's EPS dropped by 40.8% to EUR 2.26, while the DPS increased by 3.0% to EUR 1.37 [16]
Baltic Horizon Fund announcement related to ongoing offering
Globenewswire· 2026-02-25 07:15
Baltic Horizon Capital AS announced an offering of up to 169,147,497 new units of Baltic Horizon Fund to the existing investors of Baltic Horizon Fund on 17 February 2026 and the offering period began on 23 February 2026. Some of the existing investors have experienced difficulties in subscribing for different reasons. Baltic Horizon Capital AS reminds and encourages the existing investors to contact the fund manager directly via info@baltichorizon.com in all such cases. For additional information, please c ...
Aspocomp’s Remuneration Report for Governing Bodies 2025 has been published
Globenewswire· 2026-02-25 07:15
Company Overview - Aspocomp Group Plc specializes in printed circuit board (PCB) technology design, testing, and logistics services throughout the entire lifecycle of a product [3] - The company is headquartered in Espoo, Finland, with its production facility located in Oulu, a significant technology hub in the country [5] Customer Base - Aspocomp's customers include companies involved in the design and manufacturing of telecommunication systems, automotive and industrial electronics, and semiconductor component testing for security technology [4] - The company has a global customer base, with the majority of its net sales generated from exports [4] Production and Services - Aspocomp ensures cost-effectiveness and reliable deliveries through its own production capabilities and an extensive international partner network [3]
AL Sydbank delivers strong first financial statements
Globenewswire· 2026-02-25 07:12
Company Announcement No 06/2026Peberlyk 46200 AabenraaDenmarkTel +45 74 37 37 37Fax +45 74 37 35 36AL Sydbank A/SCVR No DK 12626509, Aabenraasydbank.dk25 February 2026 Dear Sirs AL Sydbank delivers strong first financial statements AL Sydbank’s first financial statements demonstrate that the Bank knows how to maintain momentum through the merger. The Bank has joined the ranks of the very largest financial institutions with a significantly larger customer base, higher credit intermediation and a decent re ...
Novonesis delivered strong organic sales growth of 7% in 2025
Globenewswire· 2026-02-25 07:11
COPENHAGEN, Denmark – February 26, 2026. Novonesis delivered strong organic sales growth of 7% and an adjusted EBITDA margin of 37.1% in 2025. The company expects a good start to 2026 and a good year overall. Ester Baiget, President & CEO: “In 2025, we continued to deliver strong organic sales growth. We achieved 7% growth, an adjusted EBITDA margin of 37.1% and a strong cash flow – despite currency headwinds. Growth was broad-based across sales areas and markets, with particularly strong performance in ...
Incentive programs for the Executive Leadership Team, the Senior Leadership Team and directors, and other employees
Globenewswire· 2026-02-25 07:09
Please read the full announcement in PDF Attachment 2026_02_LTI ...
Twelve months 2025 interim report
Globenewswire· 2026-02-25 07:03
AB "Ignitis grupė" (hereinafter – the Group) publishes its twelve months 2025 interim report, which is attached to this notice. As the Group on the same day publishes its 2025 audited results and organises an earnings call: for in detail results-related information, please refer to our material event notification on annual information, available here;to join the earnings call, please refer to information, available here. For additional information, please contact: CommunicationsValdas Lopeta+370 621 77993va ...