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Fortuna intersects 6.0 g/t gold over 24.1 meters at Southern Arc, Diamba Sud Project, Senegal
Globenewswire· 2026-02-25 10:00
VANCOUVER, British Columbia, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to report the latest batch of exploration drilling results from the Southern Arc deposit at its Diamba Sud Gold Project located in Senegal. A further 44 reverse circulation and diamond drill holes, totalling 7,518 meters, have been completed at Southern Arc since the previous exploration results update in December 2025 and were incorporated into the expanded Diamba Sud mineral resource (refe ...
Sodexo celebrates culinary excellence and taste as it brings together chefs from across the world for the Grand Finale of its Cook for Change! competition
Globenewswire· 2026-02-25 09:30
Core Insights - The Grand Finale of Cook for Change!, Sodexo's sustainable culinary challenge, will take place on March 24, 2026, in London, featuring nine finalist chefs from eight countries [1][3] - The competition emphasizes culinary excellence and a commitment to healthier, sustainable food, aligning with rising consumer expectations and sustainability challenges [1][2] Group 1: Competition Overview - Cook for Change! is organized in partnership with Rational Group, engaging over 500 chefs from 30 countries through regional semi-finals [2] - The competition aims to showcase Sodexo's commitment to reducing clients' indirect emissions while enhancing nutrition, health, and taste [2] Group 2: Finalists and Their Dishes - Nine finalists from Australia, Brazil, Chile, France, India, the Netherlands, the United Kingdom, and the United States will compete, with their dishes evaluated by a jury of renowned chefs [3] - Each finalist's dish focuses on plant-based ingredients, seasonality, nutritional quality, and reduced carbon footprint, reflecting their culinary identity [4][5] Group 3: Industry Impact - Sodexo chefs play a crucial role in meeting consumer demands for affordable, flavorful, and healthy food, translating evolving expectations into practical solutions [6] - The culinary competition reinforces Sodexo's ambition to leverage food as a means for positive transformation and business performance for clients [7] Group 4: Company Background and Key Figures - Founded in 1966, Sodexo is a leader in Food and Services, focusing on improving quality of life and contributing to economic, social, and environmental progress [8] - As of August 31, 2025, Sodexo reported consolidated revenues of 24.1 billion euros, with 426,000 employees and serving 80 million consumers daily [11]
Landsbankinn hf.: Landsbankinn utilises authorisation to repurchase own shares
Globenewswire· 2026-02-25 09:28
Core Viewpoint - Landsbankinn's Board of Directors has authorized a share repurchase program allowing the purchase of up to 48 million shares, representing 0.2% of the issued share capital, as approved at the AGM on March 19, 2025 [1] Group 1: Share Repurchase Details - The repurchase period is set from March 2, 2026, to March 13, 2026 [2] - Shareholders must submit a notification form available on the Bank's website to accept the offer, with processing in the order received until the maximum of 48 million shares is reached [3] - Each share will be purchased at a price of ISK 14.56, based on the Bank's equity of ISK 343,773 million and outstanding shares of 23.615 million [4][5] Group 2: Shareholder Composition - The total number of shares in the Bank is 24,000 million, with 819 shareholders [6] - The National Treasury holds approximately 98.2% of the issued shares, totaling 23,567 million shares [6] - The Bank itself holds around 1.6% of issued share capital, equating to 385.4 million shares, while other shareholders hold 0.2% or 47.6 million shares [6] Group 3: Additional Information - Further instructions for shareholders interested in the repurchase offer can be found on Landsbankinn's website, with additional contact options provided for inquiries [7]
Nr. 2/2026 - Annual report 2025
Globenewswire· 2026-02-25 09:13
Group 1 - The annual report for 2025 of Cemat A/S has been published ahead of the expected approval at the company's annual general meeting [2] - The official annual report has been prepared in compliance with the ESEF Regulation and is available in a zip file and on Cemat A/S' website [2] - An unofficial copy of the annual report is also attached to the announcement in a PDF file [2] Group 2 - The announcement has been prepared in both Danish and English versions, with the Danish version prevailing in case of doubt [3]
Gray-zone aggression now a material threat for businesses, according to new Willis report
Globenewswire· 2026-02-25 09:00
Core Insights - The report identifies a shift in global stability characterized by 'gray-zone aggression', which involves ambiguous tactics between peace and war [1] Industry Impact - Gray-zone aggression has evolved into a significant threat for businesses, disrupting markets and undermining confidence, which was previously not recognized as a major risk [2] - This challenge is now influencing geopolitical risk appetite and testing the resilience strategies of all major sectors [2] Recommendations for Corporate Risk Management - Companies must enhance their risk management programs to include strategic foresight and operational readiness against gray-zone attacks [3] - Organizations should treat gray-zone aggression as a material business risk rather than a temporary nuisance to avoid late reactions with severe consequences [3] Specific Actions for Risk and Insurance Leaders - Re-evaluate insurance policy language to ensure alignment with the current risk environment [5] - Elevate gray-zone aggression as an enterprise-level risk and continuously monitor geopolitical developments [5] - Stress test supply chain resilience to account for potential disruptions from geopolitical tensions [5] - Strengthen crisis management strategies to handle ambiguous events effectively [5] - Integrate scenario thinking into strategic planning to reveal unexpected exposures and test various operational assumptions [5]
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 ...