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Temenos named best-selling core banking provider for 20th consecutive year by IBS Intelligence
Globenewswire· 2025-06-13 08:03
Temenos ranked #1 in 13 categories in the IBSi Sales League table, including core, digital, payments and wealthGRAND-LANCY, Switzerland, June 13, 2025 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN), a global leader in banking technology, today announced it has been recognized as the #1 best-selling software provider in 13 categories in the IBSi Sales League Table (SLT) 2025. Temenos ranked #1 for core banking for the 20th consecutive year, while also topping the table for categories covering digital, payments, wea ...
Borregaard ASA: Change in Group Executive Management
Globenewswire· 2025-06-13 08:00
Knut-Harald Bakke has been appointed EVP BioSolutions, effective 1 August 2025. He will also join the Group Executive Management on the same date. Bakke succeeds Tom Erik Foss-Jacobsen, who will assume the role of CEO on 1 August (see stock exchange release dated 23 May 2025). Bakke currently serves as Director of Investor Relations and has previously held the position of Energy Director at Borregaard. Prior to joining the company in 2019, he held senior leadership roles at Norsk Hydro, where he was respons ...
Resolutions of the shareholders of Hepsor AS – adoption of resolutions of the general meeting without calling a meeting
Globenewswire· 2025-06-13 07:15
Group 1 - The management board of Hepsor AS published draft resolutions for shareholders' approval without calling a meeting on June 5, 2025 [1] - The list of shareholders entitled to vote was determined as of June 5, 2025, with a total of 9,142 shareholders owning 3,854,701 shares [2] - Six shareholders submitted their votes, representing a total of 2,978,700 votes, which is 77.27% of all votes determined by shares [3] Group 2 - The shareholders approved the acquisition of a 20% minority shareholding in Hepsor Latvia OÜ from Hugomon OÜ, with 2,978,700 votes in favor, representing 77.27% [4][5] - The articles of association were amended, allowing the Supervisory Board to increase the share capital and issue new shares to Hugomon OÜ, with the same voting results [5][7] - The pre-emptive subscription rights of existing shareholders were excluded for the issuance of 57,821 new shares in connection with the acquisition [6][7] Group 3 - Hepsor AS is a developer of residential and commercial real estate operating in Estonia, Latvia, and Canada, having created 2,076 homes and nearly 36,300 m² of commercial space over fourteen years [8] - The company has implemented innovative engineering solutions to enhance energy efficiency and environmental friendliness in its buildings [8] - Hepsor's portfolio includes 25 development projects with a total area of 172,800 m² [8]
Bpce: BPCE signs a Memorandum of Understanding to acquire novobanco, Portugal’s fourth-largest bank
Globenewswire· 2025-06-13 07:05
Core Viewpoint - Groupe BPCE has signed a Memorandum of Understanding to acquire a 75% equity interest in novobanco, marking a significant cross-border acquisition in the euro zone valued at approximately €6.4 billion, representing a multiple of around 9x annual earnings [1][2][10] Group 1: Acquisition Details - The acquisition of novobanco is part of BPCE's "Vision 2030" strategic plan aimed at expanding and diversifying its operations in France, Europe, and globally [2][7] - Upon completion, Portugal will become BPCE's second-largest domestic retail market [2] - BPCE is in discussions to acquire additional equity interests from the Portuguese government and the Portuguese Banking Resolution Fund [8] Group 2: Novobanco's Performance - Novobanco holds a market share of approximately 9% with individual customers and 14% with corporate clients, serving 1.7 million individual customers and managing a €17 billion corporate loan book [3][10] - The bank has demonstrated strong profitability with a cost-income ratio under 35% and a return on tangible equity (RoTE) exceeding 20% [4] Group 3: BPCE's Commitment in Portugal - BPCE has over 3,000 employees in Portugal, reflecting its long-term commitment to the country [5] - The acquisition is expected to enhance BPCE's role as a development partner for the Portuguese economy, facilitating financing for local projects [6][10] Group 4: Strategic Implications - The acquisition will diversify BPCE geographically and improve its revenue profile by increasing the proportion of variable rate loans on its balance sheet [7] - The transaction aligns with BPCE's strategy to create lasting value through strategic investments [7][11]
Transgene to Participate in Upcoming Meetings with Biotech Industry Leaders
Globenewswire· 2025-06-13 06:30
Core Insights - Transgene is a biotechnology company focused on developing virus-based immunotherapies for cancer treatment, with a particular emphasis on individualized therapies [2][3] - The company announced upcoming meetings with institutional investors and leaders in the biotechnology ecosystem to discuss its clinical data and treatment landscape for head and neck cancers [1][6] Company Overview - Transgene's lead asset, TG4050, is the first individualized therapeutic vaccine based on the myvac® platform, showing proof of principle in patients for adjuvant treatment of head and neck cancers [2] - The company also has a portfolio that includes TG4001 for HPV-positive cancers and two oncolytic viruses, BT-001 and TG6050, based on the Invir.IO® viral backbone [2] Technological Innovations - The myvac® platform allows for the creation of personalized virus-based immunotherapies tailored to individual patient mutations, utilizing AI capabilities from partner NEC [3] - Transgene is leveraging its expertise in viral vector engineering to develop a new generation of multifunctional oncolytic viruses through its proprietary Invir.IO® platform [4] Upcoming Events - Transgene will participate in several key industry events, including the BIO International Convention on June 16, 2025, in Boston, and the International Neoantigen Summit on June 24, 2025, in Amsterdam [6]
Dundee Precious Metals Announces Proposed Acquisition of Adriatic Metals
Globenewswire· 2025-06-13 06:30
Core Viewpoint - Dundee Precious Metals Inc. has agreed to acquire Adriatic Metals plc for an implied equity value of approximately $1.3 billion, which will enhance DPM's asset portfolio and production capabilities through the acquisition of the Vareš operation in Bosnia and Herzegovina [1][3][6] Strategic Rationale - The acquisition of Vareš is expected to create a premier mining business with a strong growth profile and high-quality development pipeline [2][3] - Vareš will significantly increase DPM's mine life and provide near-term production growth, cash flow diversification, and a prospective land package [4][6] - The transaction is anticipated to unlock further value for shareholders of both companies and benefit local communities [4][6] Vareš Overview - Vareš is a high-grade precious metals underground mine with an initial operating life of 15 years and a prospective land package of 4,400 hectares [5][7] - The mine is expected to ramp up production to 425,000 gold equivalent ounces by 2027 [6] Technical Report Highlights - The independent technical report prepared for Vareš indicates a mineral reserve of 9.5 million tonnes with an average gold equivalent grade of 9.21 grams per tonne [10][11] - The life of mine operating costs are projected at $1,050 million, with an all-in sustaining cost of $893 per gold ounce [10][11] Financial Metrics - The base case NPV5% for Vareš is estimated at $1.6 billion, with projected post-tax cash flow of $2.1 billion over the initial mine life [11][12] - Initial capital expenditures for the project are estimated at $76 million, with sustaining capital of $143 million over the life of the mine [12] Transaction Summary - Under the terms of the transaction, Adriatic shareholders will receive 0.1590 DPM shares and 93 pence in cash for each Adriatic share, valuing each Adriatic share at £2.68 [13][14] - Post-transaction, DPM shareholders are expected to own approximately 75% of the enlarged issued share capital [16][18] Closing Conditions - The transaction is subject to approval from Adriatic shareholders, court approval, and regulatory approvals, including from the Bosnian Competition Council [17][18]
Terranet’s rights issue oversubscribed
Globenewswire· 2025-06-13 06:00
Core Viewpoint - Terranet AB has successfully completed a rights issue that was oversubscribed, raising approximately SEK 15 million before issue costs, indicating strong shareholder confidence in the company's future development [2][3][5]. Rights Issue Outcome - The subscription period for the rights issue ended on June 11, 2025, with 10,349,896 units subscribed for with unit rights, representing about 74.6% of the rights issue [3]. - An additional 4,704,934 units were subscribed without unit rights, corresponding to approximately 33.9% of the rights issue, leading to a total subscription of 15,054,830 units, or approximately 108.5% of the rights issue [2][3]. Financial Impact - The rights issue will increase the number of shares by 166,568,568 B-shares, raising the total share capital from SEK 14,715,191.82 to SEK 16,380,877.50 [7]. - If all warrants of series TO9 B are exercised, the number of shares will further increase by 83,729,677 B-shares, raising the share capital to SEK 17,218,174.270 [8]. Warrants and Trading - Each warrant of series TO9 B allows the holder to subscribe for one new B-share at a price of SEK 0.18, with the subscription period set from December 1, 2025, to December 15, 2025 [9]. - Trading in paid subscribed units (BTU) will occur on Nasdaq First North Premier Growth Market until June 30, 2025, or until conversion into B shares and warrants [10]. Company Development - The proceeds from the rights issue will enable the company to advance its product and business development, particularly in the commercialization of its anti-collision system, BlincVision [6]. - Terranet aims to enhance urban traffic safety through innovative solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV) [14].
Enefit Green production data – May 2025
Globenewswire· 2025-06-13 06:00
Core Insights - Enefit Green's electricity production in May reached 153.2 GWh, a 32% increase compared to the previous year, driven by new wind and solar farms [1][5] - Wind energy production was 122 GWh, marking a 34% increase year-over-year, while solar energy production reached 19.9 GWh, nearly 50% higher than last year [1][3][5] Production Details - The increase in wind energy production was attributed to new wind farms, specifically the Sopi-Tootsi and Kelme I wind farms, along with the Sopi solar farm [1] - Despite the overall increase, downregulations due to low electricity prices resulted in 26.5 GWh of unproduced wind energy, with 14.2 GWh from the Finnish market [2] - Weather conditions negatively impacted wind production by approximately 12.7 GWh, particularly affecting Lithuanian wind farms [2] Segment Performance - The production from new wind farms contributed significantly, with 69.9 GWh produced, a 73.2% increase from last year [5] - Solar energy production was also affected by downregulation, leading to 2.6 GWh unproduced, while weather conditions had a positive impact of +0.3 GWh [3] - The Iru cogeneration plant's electricity production decreased by 6% to 11.2 GWh, and thermal energy production fell by 4.7% to 36.1 GWh [4][5] Country-Specific Production - Estonia saw a significant increase in electricity production, rising by 92.5% to 90.2 GWh, while Lithuania's production increased by 10% to 54.2 GWh [5] - In contrast, Finland experienced a drastic decline in production, down 87.4% to 1.9 GWh [5]
从交易英才到成功典范:Axi Select 宣布第四位 Pro M 交易者,现管理 100 万美元 Axi 资金
Globenewswire· 2025-06-13 05:26
悉尼, June 13, 2025 (GLOBE NEWSWIRE) -- 继近期宣布三位 Axi Select 交易者达到该计划的最高里程碑之后,领先的在线外汇和差价合约经纪商 Axi 自豪地宣布其历史上第四位 Pro M 交易者诞生:来自亚洲的 Looi Sook Yen。 这一突破体现了该经纪商一贯的宗旨,即通过旨在充分释放交易和盈利潜能的计划,赋能雄心勃勃、才能出众的交易者。 Axi 首席商务官 Louis Cooper 对该计划的最新成果表示由衷的欣喜,并指出:“我们自豪地见证该计划不断提升交易者的水平,助其交易并精进交易技能,一路走向巅峰。 自 2023 年推出 Axi Select 以来,我们一直坚信它能够将所有交易者的才能提升到新高度——无论其性别或经验水平如何。 今天,我们庆祝一个具有里程碑意义的时刻:我们迎来了第四位 Pro M 交易者,也是首位达到该计划最高阶段并获得 100 万美元资金配置的女性。 Looi 女士展现出了杰出的技能、才能和纪律——凭借得力的工具和支持,她现在管理着 100 万美元的 Axi 资金。” 几个月前,Axi Select 宣布了其首批三位获得 100 万美元资 ...
Invitation to attend the extraordinary shareholders’ meeting of the Company to be held on July 2, 2025
Globenewswire· 2025-06-13 05:00
Core Points - The Company is convening an extraordinary shareholders' meeting on July 2, 2025, at 2:00 p.m. CET, with an option for remote participation via video conference [2][3] - The agenda includes a proposal to amend the articles of association to allow shareholders holding at least 5% of outstanding shares for three years to nominate directors [5][6] - Shareholders must register by June 18, 2025, and notify the Company of their intention to participate by June 26, 2025 [13][14] Meeting Details - The meeting will be held at the Company's seat, with video conference facilities for remote attendees [2][3] - Attendance registration will begin at 1:45 p.m. CET on the day of the meeting [4] - Voting can be conducted by mail or by proxy, with specific forms required for these processes [17][18] Voting and Participation - Each share entitles the holder to one vote, and decisions require a 75% majority for certain agenda items [28][29] - Shareholders wishing to ask questions must submit them by June 26, 2025, and answers will be provided during the meeting [24] - Documentation related to the meeting is available on the Company's website and can be requested via email [25]