Workflow
Employee share ownership, a sustained commitment
Globenewswire· 2025-07-02 06:30
Core Points - Renault Group's employee shareholding plan for 2025 saw participation from nearly 95,000 employees across 30 countries, reflecting a strong commitment to employee engagement and trust in the company's strategy [1][2][6] - The plan allowed employees to receive 3 free shares and provided preferential subscription conditions, resulting in a total of approximately 1.52 million shares being transferred to employees, which is 0.52% of Renault SA's capital [4][6] - Employees now hold approximately 6.31% of Renault SA's capital, indicating a significant increase in employee ownership and engagement [2][4][6] Employee Participation - The 2025 edition of the employee shareholding plan achieved a subscription rate of 44.3%, with nearly 48,000 employees participating in the share subscription offer, investing over €36.5 million [3][6] - The total number of subscribed shares amounted to more than 1,165,000, representing 0.40% of Renault SA's share capital [3][6] Company Strategy and Future Goals - Renault Group emphasizes the importance of shared performance and trust as essential components for building a sustainable future, aligning with its corporate culture [2] - The company aims for carbon neutrality in Europe by 2040, focusing on the development of new technologies and electrified vehicles [8]
OSE Immunotherapeutics met à jour l’information sur les procédures en cours
Globenewswire· 2025-07-02 06:00
Group 1 - OSE Immunotherapeutics announced that the Nantes Commercial Court rejected motions from a group of shareholders seeking to retract an order that adjourned the annual general meeting [1] - The company has initiated an accelerated legal procedure against the same group of shareholders, with a hearing scheduled for September 8, 2025, to address the regularity of their concerted action declaration [2] - OSE Immunotherapeutics plans to hold its annual shareholders' meeting on September 30, 2025, subject to the outcome of the ongoing legal proceedings [3] Group 2 - OSE Immunotherapeutics is a biotech company focused on developing first-in-class assets in immuno-oncology and immuno-inflammation, aiming to meet unmet patient needs [4]
IMCD awarded EcoVadis Platinum medal
Globenewswire· 2025-07-02 06:00
Core Insights - IMCD N.V. has been awarded the Platinum medal by EcoVadis, placing the company in the top 1% of companies globally for sustainability, with an overall score of 84 points [1][2][3] Group 1: Company Overview - IMCD is a global leader in the distribution and formulation of specialty chemicals and ingredients, based in Rotterdam, The Netherlands [4] - The company employs over 5,100 individuals and reported revenues of EUR 4,728 million in 2024 [5] Group 2: Sustainability Achievements - The EcoVadis assessment evaluated IMCD's ESG practices in four areas: environment, labour & human rights, ethics, and sustainable procurement [2] - IMCD's sustainable procurement practices, including structured supplier screening and auditing, were positively evaluated [6] - The company received recognition for its environmental initiatives aimed at reducing emissions and its commitment to align with the Science Based Targets initiative (SBTi) [6] Group 3: Future Focus - IMCD aims to enhance data transparency and reduce Scope 3 emissions while supporting the sustainability journey of its customers [3]
Akropolis Group Audit Committee Reappointed for a New Four-Year Term
Globenewswire· 2025-07-02 06:00
Core Viewpoint - The Audit Committee of Akropolis Group has been reappointed for a new four-year term, consisting of experienced members to ensure effective financial reporting and oversight [1][4]. Group 1: Audit Committee Composition - The Audit Committee includes Šarūnas Radavičius, Eglė Čiužaitė, and Matas Kasperavičius [2]. - Šarūnas Radavičius and Eglė Čiužaitė are independent members with extensive backgrounds in finance and auditing [2]. - Mantas Kasperavičius serves as the Chief Financial Officer at UAB "Vilniaus prekyba" and has prior experience at "Ernst & Young Baltic" [3]. Group 2: Audit Committee Functions - The Audit Committee was established to ensure effective financial reporting audits, oversee the independence of external auditors, and recommend improvements in operational quality and financial control [4]. - During its previous term, the committee significantly contributed to updating internal control procedures and enhancing the risk management strategy [4]. Group 3: Future Expectations - The Audit Committee is expected to continue ensuring effective control of internal processes and enhance investor confidence during its new term [5].
DNO Secures North Sea Gas Offtake and Related USD 500 Million Financing Facility; Adds Arrows to its Quiver
Globenewswire· 2025-07-02 05:30
Core Insights - DNO ASA has entered into an offtake agreement with ENGIE SA for its Norwegian gas production, securing a financing facility of up to USD 500 million with a major US bank [1][2][3] Group 1: Offtake Agreement - The offtake agreement encompasses all of DNO's Norwegian gas production following the acquisition of Sval Energi Group AS, offering premium pricing with a duration of four years starting from October 1, 2025 [2] - DNO's Executive Chairman highlighted strong buyer interest in the company's North Sea production, which is projected at 80,000 barrels of oil equivalent per day, split evenly between oil and gas [5] Group 2: Financing Facility - The financing facility allows DNO to receive payment for up to 270 days of scheduled gas production based on future sales receivables, with an interest rate significantly lower than conventional reserve-based lending terms [3] - Proceeds from the financing will replace existing facilities from Sval Energi and be used for general corporate purposes [4] Group 3: Strategic Financial Moves - DNO has opted to repay and not renew over USD 600 million in reserve-based loans across its North Sea subsidiaries due to attractive financing terms [6] - The company has also secured a USD 300 million one-year bank bridge loan to enhance its financial flexibility [6]
Future Stellantis Germany and global Opel headquarters in Rüsselsheim: VGP to construct office building for the grEEn campus.
Globenewswire· 2025-07-02 05:00
Core Points - VGP has received building permit approval for the construction of the future Stellantis Germany and global Opel headquarters in Rüsselsheim, with the groundbreaking ceremony scheduled for autumn 2025 [1][4] - The project includes the development of a CO2-neutral, green corporate headquarters known as the 'grEEn campus', covering approximately 100,000 square meters [2] - The administration building will feature 28,000 square meters of state-of-the-art workplaces, designed for hybrid and flexible working, and will meet high sustainability standards [3] Company Overview - VGP is a pan-European owner, manager, and developer of high-quality logistics and semi-industrial properties, with a gross asset value of €7.8 billion and a net asset value of €2.4 billion as of December 2024 [6] - Stellantis N.V. is a leading global automaker with a diverse portfolio of brands, dedicated to innovation and customer choice [7]
How K&F CONCEPT Became the No.1 Filter Brand for Photographers in 2025
Globenewswire· 2025-07-02 04:20
Core Insights - K&F CONCEPT has been recognized as the No.1 filter brand among camera accessory brands globally according to Euromonitor International's 2025 research [1][3] - The company has achieved significant market leadership through continuous investment in product innovation and global expansion, operating in over 120 countries with annual revenues exceeding hundreds of millions of USD [2] Market Position - K&F CONCEPT leads in global online retail sales of lens filters, surpassing other major brands in this segment [3] - The rise in video creation and professional photography has increased demand for lens filters, with K&F CONCEPT's products appealing to a wide range of users, including content creators and professional photographers [5] Product Offerings - K&F CONCEPT offers a comprehensive filter lineup categorized by function, mounting type, and device compatibility, catering to various shooting scenarios [7] - The product range includes Standard filters for everyday photography and High-Performance filters for specialized demands, featuring advanced technologies like True Color Series and Ultra-Low Reflectivity Series [8][9] Innovation and Accessibility - The company emphasizes innovation and accessibility, ensuring that every photographer can find suitable filters to enhance their craft [10] - Future plans include expanding filter quality to smartphones and action cameras, aiming to deliver professional-level effects to a broader audience [12] Company Background - K&F CONCEPT is a pioneering brand in photography accessories, established in 2012, known for its premium filters and other imaging tools, and has received multiple prestigious design awards [12]
EQV Ventures Acquisition Corp. II Announces the Pricing of Upsized $420 Million Initial Public Offering
Globenewswire· 2025-07-02 03:34
Core Points - EQV Ventures Acquisition Corp. II announced the pricing of its initial public offering (IPO) of 42,000,000 units at a price of $10.00 per unit, increased from an initial plan of 35,000,000 units [1] - The units will be listed on the New York Stock Exchange under the ticker symbol "EVACU" and will begin trading on July 2, 2025 [1] - Each unit consists of one Class A ordinary share and one-third of a redeemable warrant, with the whole warrant allowing the purchase of one Class A ordinary share at $11.50 per share [1] - BTIG, LLC is the sole book-running manager for the offering, which is expected to close on July 3, 2025, subject to customary closing conditions [2] Additional Details - The underwriter has a 45-day option to purchase up to an additional 6,300,000 units at the IPO price to cover over-allotments [2] - The offering is being made only by means of a prospectus, with copies available from BTIG, LLC [3] - Registration statements for these securities have been filed with the U.S. Securities and Exchange Commission and became effective on July 1, 2025 [3]
Raytech Holding Limited Announces Closing of $5.197 Million Public Offering of its Ordinary Shares
Globenewswire· 2025-07-02 03:16
Company Overview - Raytech Holding Limited is a Hong Kong-headquartered company specializing in the design, sourcing, and wholesale of personal care electrical appliances for international brand owners [5] - The company has over 10 years of experience in the personal care electrical appliance industry, offering a diverse range of products including hair styling tools, trimmers, eyelash curlers, neck care, and nail care appliances [5] Public Offering Details - The company announced the closing of its public offering of 25,985,000 ordinary shares at a public offering price of $0.20 per share on July 1, 2025 [1] - Gross proceeds from the offering are expected to be approximately $5.197 million before deducting placement agent fees and other expenses [2] - R.F. Lafferty & Co., Inc. acted as the sole placement agent for the offering [2] Regulatory Information - The securities were offered pursuant to a registration statement on Form F-1, which was declared effective by the U.S. Securities and Exchange Commission (SEC) on June 30, 2025 [3] - A preliminary prospectus related to the offering has been filed with the SEC, and copies of the final prospectus will be available from the placement agent [3]
ArriVent Announces Pricing of $75 Million Public Offering of Common Stock and Pre-Funded Warrants
Globenewswire· 2025-07-02 03:15
Core Viewpoint - ArriVent BioPharma, Inc. has announced a public offering of common stock and pre-funded warrants, aiming to raise approximately $75 million to support its drug development programs and general corporate purposes [1][3]. Group 1: Offering Details - The public offering consists of 2,482,692 shares priced at $19.50 each and pre-funded warrants for 1,363,469 shares priced at $19.4999 each, with gross proceeds expected to be around $75 million before expenses [1]. - Underwriters have a 30-day option to purchase an additional 576,923 shares under the same terms [1]. - The offering is expected to close on or about July 3, 2025, pending customary closing conditions [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to support the development of firmonertinib and other pipeline programs, as well as for working capital and general corporate purposes [3]. Group 3: Company Background - ArriVent is a clinical-stage biopharmaceutical company focused on developing innovative therapies to meet unmet medical needs in cancer treatment [6]. - The company aims to leverage its team's extensive drug development experience to advance its lead candidate, firmonertinib, and a pipeline of novel therapeutics [6].