Festi hf.: Buyback program week 27
Globenewswire· 2025-07-07 08:30
Core Viewpoint - Festi has executed a buyback program, purchasing a total of 165,000 own shares for 47,025,000 ISK, increasing its ownership from 0.08% to 0.13% of issued shares [1][2]. Group 1: Buyback Program Details - The buyback program was announced on June 27, 2025, and aims to repurchase a total of 2,500,000 own shares, representing 0.80% of the issued shares, with a maximum purchase price of 800 million ISK [2]. - The shares were purchased at a consistent price of 285 ISK per share across multiple transactions [1]. Group 2: Compliance and Regulations - The execution of the buyback program complies with the Act on Public Limited Companies No 2/1995 and relevant European regulations regarding market abuse and fraud [1].
Columbus – Weekly report on share buyback
Globenewswire· 2025-07-07 08:14
Core Points - Columbus A/S announced a share buyback programme to repurchase shares for up to DKK 16 million from 30 June 2025 to 11 March 2026 [1] - The share buyback programme complies with EU regulations on market abuse and Safe Harbour Regulations [2] Summary of Transactions - The company executed a total of 60,000 shares repurchase from 30 June 2025 to 4 July 2025, with an average purchase price of DKK 10.40 and a total transaction value of DKK 623,930.40 [2] - The breakdown of transactions is as follows: - 30 June 2025: 12,000 shares at DKK 9.93, total DKK 119,184.00 - 1 July 2025: 12,000 shares at DKK 9.91, total DKK 118,948.80 - 2 July 2025: 12,000 shares at DKK 10.57, total DKK 126,861.60 - 3 July 2025: 12,000 shares at DKK 10.78, total DKK 129,336.00 - 4 July 2025: 12,000 shares at DKK 10.80, total DKK 129,600.00 [2] - Following these transactions, Columbus A/S holds a total of 60,000 own shares, representing 0.05% of the company's share capital [2]
Danske Bank share buy-back programme: transactions in week 27
Globenewswire· 2025-07-07 08:00
Company announcement no. 32 2025Danske BankBernstorffsgade 40DK-1577 København VTel. + 45 33 44 00 0007 July 2025Page 1 of 1Danske Bank share buy-back programme: transactions in week 27On 7 February 2025, Danske Bank A/S announced a share buy-back programme for a total of DKK 5 billion, with a maximum of 45,000,000 shares, in the period from 10 February 2025 to 30 January 2026, at the latest, as described in company announcement no. 6 2025. The Programme is carried out in accordance with Article 5 of Regul ...
PONY AI Inc. and Dubai RTA Co-Reveal Robotaxi Introduction
Globenewswire· 2025-07-07 07:30
Core Insights - Pony AI Inc. has partnered with Dubai's Roads and Transport Authority to advance Level 4 autonomous mobility solutions through a robotaxi unveiling ceremony [1][2] - The collaboration aims to integrate self-driving technology into Dubai's transportation network, enhancing urban mobility efficiency and reducing traffic congestion [2] - Initial supervised robotaxi trials are scheduled to begin in late 2025, leading to the eventual launch of fully driverless services [3] Company Overview - Pony AI Inc. is recognized as a global leader in the commercialization of autonomous mobility, utilizing its Virtual Driver technology for a full-stack autonomous driving solution [5] - The company has operational permits for robotaxi services in four major markets: the United States, China, South Korea, and Luxembourg, indicating its extensive operational experience [4]
Share buyback programme – week 27
Globenewswire· 2025-07-07 06:42
Core Viewpoint - The company has initiated a share buyback program, which will run from June 2, 2025, to January 30, 2026, with a total buyback amount of up to DKK 1,000 million, limited to a maximum of 1,600,000 shares [1]. Summary by Sections Share Buyback Program Details - The share buyback program is compliant with EU regulations, specifically EU Commission Regulation No. 596/2014 and EU Commission Delegated Regulation No. 2016/1052, which provide a "Safe Harbour" for such transactions [2]. - As of the latest announcement, a total of 124,500 shares have been purchased under the program at an average price of DKK 1,356.91, amounting to DKK 168,935,303 [2]. - Cumulatively, the bank has bought back 538,700 shares, representing 2.12% of its share capital, with an average purchase price of DKK 1,241.74 [2]. Transaction Details - The transactions conducted on specific dates include: - June 30, 2025: 104,200 shares purchased at an average price of DKK 1,351.29 [2]. - July 1, 2025: 4,300 shares purchased at an average price of DKK 1,373.36 [2]. - July 2, 2025: 4,000 shares purchased at an average price of DKK 1,381.32 [2]. - July 3, 2025: 4,000 shares purchased at an average price of DKK 1,399.23 [2]. - July 4, 2025: 4,000 shares purchased at an average price of DKK 1,390.10 [2]. Ownership and Reporting - Following the transactions, Ringkjøbing Landbobank now holds 538,700 shares under the buyback program, excluding shares in the trading portfolio and customer investments [2]. - Detailed transaction reports are attached to the corporate announcement, providing transparency and compliance with regulatory requirements [2].
Biosolutions could create more than 600,000 jobs and unlock hundreds of billions in growth for Europe
Globenewswire· 2025-07-07 06:33
Core Insights - The biosolutions sector in Europe has the potential to generate EUR 133 billion in economic gains and create over 600,000 jobs by 2035, contingent on supportive policy frameworks [1][2][4] - Each job in the biosolutions industry is estimated to create nearly three additional jobs in other sectors, highlighting a significant multiplier effect [3][7] - The global biosolutions market could inject over EUR 877 billion into the economy and generate more than five million jobs by 2035, emphasizing the urgency for Europe to capitalize on this opportunity [8][14] Economic Impact - By 2035, the biosolutions industry could contribute EUR 133 billion to the European economy, with EUR 46 billion in direct value, equivalent to the combined annual contributions from France, Italy, and Spain to the EU budget [2][14] - The potential economic footprint of biosolutions globally could reach EUR 877 billion, with EUR 291 billion in direct value creation [14] Job Creation - The biosolutions industry could create over 600,000 direct and indirect jobs in Europe by 2035, comparable to the entire population of Luxembourg [2][14] - Globally, the biosolutions sector could generate over five million jobs by 2035, with each job in Europe leading to approximately 2.9 additional jobs [14] Competitive Landscape - Europe is at risk of falling behind in the global biosolutions race due to slower regulatory processes, with novel protein approvals taking up to three years compared to four to six months in Singapore [5][6] - Countries like Brazil are implementing faster regulatory frameworks to support biosolutions, which could position them ahead of Europe if timely action is not taken [6][14] Policy Recommendations - Industry leaders are advocating for immediate policy action and a robust regulatory framework to enhance Europe's competitiveness in the biosolutions sector [4][9] - A bold and broad EU Biotech Act is suggested to streamline approval processes and foster the growth of biosolutions companies in Europe [7][9]
Award Of Rights Under The Company’s SARs Scheme
Globenewswire· 2025-07-07 06:00
Core Viewpoint - Vast Resources plc has announced the grant of 57,500,000 Share Appreciation Rights (SARs) to employees and consultants as part of its incentive scheme, which aims to motivate personnel while they have deferred remuneration pending the release of the company's historical diamond parcel [2][5][6]. Scheme Overview - The Share Appreciation Rights scheme was established in June 2015 to incentivize directors, management, employees, and consultants [2]. - Each SAR grants the holder the right to either receive an ordinary share or cash equivalent to the difference between the Grant Price and the volume weighted average price of the company's shares on the exercise date [3]. Awards Details - The total number of SARs awarded is 57,500,000, which will expire on March 31, 2028 [5]. - The Grant Price for these SARs has been set at 0.142p, based on the volume weighted average price following the announcement of the historical diamond parcel release, rather than the typical six-month average [6]. Future Incentives - The company is reviewing additional incentives for executive directors and senior personnel, with plans for further SAR awards that will represent approximately 3.7% of the company's currently issued share capital [7]. Company Background - Vast Resources plc is a UK AIM-listed mining company with operations in Romania, Tajikistan, and Zimbabwe [10]. - The company holds a 100% interest in the Baita Plai Polymetallic Mine in Romania, which has a mineral resource of 15,695 tonnes copper equivalent and an exploration target of up to 5.8 million tonnes [11]. - The company is also working to bring the Manaila Polymetallic Mine back into production and has secured an extended exploitation license for further resource examination [12]. - In Tajikistan, Vast has a joint venture for the Takob Mine, which will provide a 12.25% royalty on sales, and is managing the Aprelevka gold mines, aiming to increase production significantly [14][15].
Mastercard collaborates with Eastern Bank PLC and IDEX Biometrics to launch its global first biometric metal credit card in Bangladesh
Globenewswire· 2025-07-07 06:00
Core Insights - Mastercard has launched its first biometric metal credit card in collaboration with Eastern Bank PLC, representing a significant advancement in Bangladesh's payment technology landscape [2] - The card features biometric authentication using fingerprints, enhancing security and user experience by eliminating the need for PINs or signatures [3][4] - The card is part of the ultra-premium World Elite Mastercard portfolio, offering exclusive privileges and benefits to cardholders [6][7] Group 1: Product Features - The biometric metal card allows cardholders to authenticate transactions effortlessly using their fingerprints, ensuring that only authorized users can complete purchases [3] - Cardholder data is securely stored on the card, adding a layer of protection against fraud [4] - The card includes Mastercard Identity Theft Protection, which continuously scans for signs of identity fraud [5] Group 2: Collaboration and Technology - The card is co-powered by IDEX Biometrics, Kona I, and Infineon Technologies, showcasing a commitment to secure and innovative payment solutions [2][6] - IDEX Biometrics provides the fingerprint technology, enhancing the security and convenience of the payment experience [10] - Infineon Technologies supports the smart card market and innovation, contributing to the launch of this biometric solution [13] Group 3: Exclusive Benefits - Cardholders will enjoy a range of premium privileges, including complimentary stays at luxury hotels, gourmet meals, and access to premium golf clubs [7][8] - The card provides access to over 1,300 airport lounges worldwide through Mastercard's LoungeKey program [8] - A 24/7 concierge service will be available to assist cardholders with reservations and travel recommendations [9]
Ellomay and Statkraft Sign Long-Term Power Purchase Agreements for Three Operating Italian Solar Plants
Globenewswire· 2025-07-07 06:00
Core Viewpoint - Ellomay Capital Ltd. has signed long-term power purchase agreements (PPAs) with Statkraft for three solar plants in Italy, reinforcing its strategy in the renewable energy sector [1][2] Company Overview - Ellomay Capital Ltd. is an Israeli company focused on renewable energy and power generation, with operations in Europe, the USA, and Israel [3] - The company holds a 51% interest in various renewable energy projects, including approximately 335.9 MW of solar power plants in Spain and 38 MW in Italy [3] Recent Developments - The signed PPAs cover 75% of the capacity of three operating solar plants in Italy, totaling approximately 38 MW [1] - The agreements are part of Ellomay's strategy to enhance the value and stability of its renewable platform across key European markets [2] Future Plans - Ellomay aims to structure similar agreements for its remaining Italian solar portfolio, which includes 160 MW under construction, 124 MW with construction permits, and an additional 140 MW expected to receive permits soon [2][9] Strategic Partnerships - The collaboration with Statkraft, Europe's largest renewable energy generator, is expected to strengthen Ellomay's position in the market and provide long-term stability for its renewable assets [2][5] - Statkraft's involvement highlights its commitment to driving the energy transition and delivering competitive green supply solutions [5]
Common spaces in Vilnius Akropolis have become cosier and more modern: renovation of the second floor is over
Globenewswire· 2025-07-07 06:00
Core Viewpoint - The renovation of the second floor of Vilnius Akropolis aims to create a modern, convenient, and visitor-friendly shopping environment [3][6][11] Summary by Sections Renovation Details - The renovation of the common spaces on the second floor has been completed, covering more than 1,500 sq. m, with an investment of approximately EUR 800,000 [2][4] - The upgrade included the replacement of floor and ceiling covers, installation of modern lighting solutions, and the creation of a modern resting zone [4] Visitor Experience - The upgraded spaces are designed to provide a cosier, lighter, and more comfortable environment for visitors [2][3] - The common areas will host various events, reflecting a growing interest in meaningful leisure activities among visitors [5] New Offerings - A new entertainment area for families, MaryMaris, will open this summer, featuring over 2,000 sq. m of active leisure attractions [8] - The bookshop Pegasas, the largest in Lithuania and the Baltics, has also been revamped and is now located on the second floor [7] Previous Renovations - A similar renovation was completed at Klaipėda Akropolis in December last year, covering over 11,000 sq. m with an investment of nearly EUR 8 million [9]