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Sidetrade Demonstrates Industry-Leading ESG Performance with EthiFinance Gold and EcoVadis Advanced Rating
Globenewswire· 2025-12-08 07:35
Core Insights - Sidetrade has achieved significant recognition for its ESG performance, receiving a Gold Medal from EthiFinance with a score of 79/100 and a Silver Medal from EcoVadis with a score of 70/100, placing it among the top 15% globally [1][3]. Group 1: ESG Ratings and Performance - Sidetrade's score from EthiFinance improved from 62/100 in 2023 to 73/100 in 2024, and then to 79/100 in 2025, indicating a consistent upward trajectory in ESG performance [1]. - EcoVadis rated Sidetrade in the "Advanced" category, significantly above industry norms where most companies score between 45 and 60/100 [3]. Group 2: Areas of Strength - EthiFinance highlighted Sidetrade's strong performance in human rights, diversity and inclusion, responsible procurement, and transparency in extra-financial reporting [2]. - EcoVadis recognized Sidetrade's advanced management systems in labor and human rights, ethics, and sustainable procurement, reporting no findings in third-party risk and compliance databases [4]. Group 3: Company Overview - Sidetrade is an AI company focused on enhancing enterprise cash flow, utilizing its agentic AI, Aimie, which has been trained on over $7.7 trillion in B2B transactions [6]. - The company operates in 85 countries and employs 450 people across Europe, North America, and Asia-Pacific [6].
WORLDLINE : PaymentIQ disposal - Press release
Globenewswire· 2025-12-08 07:30
Core Insights - Worldline is divesting its payment orchestration platform PaymentIQ to Incore Invest for approximately €160 million, marking a strategic refocus on core European payment activities as part of its North Star transformation plan [1][2] - The transaction aims to simplify operations, optimize resource allocation, and enhance management focus on core payment activities, thereby strengthening the Group's financial profile and strategic flexibility [2][3] Financial Impact - The estimated full-year impact of the divestment on Worldline's revenue, Adjusted EBITDA, and free cash flow is approximately €50 million, €40 million, and €30 million, respectively [3] - Combined cash proceeds from the disposals of various operations, including PaymentIQ, are expected to be in the range of €510-560 million [3] Transaction Details - The closing of the transaction is anticipated in Q1 2026, pending the works council consultation process [4] - Perella Weinberg is acting as the sole financial advisor, while Gernandt & Danielsson serves as the legal advisor to Worldline [4]
European Commission selects Capgemini for its EU cybersecurity framework contract
Globenewswire· 2025-12-08 07:30
Core Insights - The European Commission has selected Capgemini as part of a consortium to provide comprehensive cybersecurity services to public institutions across the EU, under a multi-million Euro contract spanning four years [1][2] - The consortium, which includes Airbus Protect, PwC, and NVISO, was awarded all three lots, indicating its strength in delivering across the entire cybersecurity value chain [2] - The services will support various EU directives and acts aimed at enhancing resilience against evolving cyber threats and driving long-term digital transformation [3] Company Overview - Capgemini is a global business and technology transformation partner with a strong heritage of nearly 60 years, employing 420,000 team members in over 50 countries [5] - The company reported global revenues of €22.1 billion for the year 2024, showcasing its significant market presence and capability [5] Strategic Importance - The contract reflects the European Commission's trust in the consortium's ability to deliver complex cybersecurity programs at scale, emphasizing Capgemini's technical expertise and commitment to digital sovereignty [4] - The consortium aims to enhance operational agility and strategic foresight to help European institutions address current and future cybersecurity challenges [4]
Share repurchase programme: Transactions of week 49 2025
Globenewswire· 2025-12-08 07:10
Core Points - Jyske Bank has initiated a share repurchase program valued at up to DKK 2.25 billion, running from February 26, 2025, to January 30, 2026 [1] - The program is structured in compliance with the EU Market Abuse Regulation and Safe Harbour Rules [1] Summary of Transactions - As of the latest announcement, Jyske Bank has repurchased a total of 2,836,419 shares at an average price of DKK 646.89, with a total transaction value of DKK 1,834,846,129 [2] - The accumulated shares prior to the latest transactions were 2,764,126, with a total value of DKK 1,776,615,631 and an average purchase price of DKK 642.74 [2] - The recent transactions from December 1 to December 5, 2025, involved the purchase of 70,000 shares at prices ranging from DKK 793.89 to DKK 815.93 [2]
Diodon Drone, participation of Tonner Drones, accelerates its growth
Globenewswire· 2025-12-08 07:01
Core Insights - Diodon Drone, a subsidiary of Tonner Drones, is on a confirmed growth trajectory, projecting over 60% revenue growth by 2025 and aiming for 100% growth by 2026, driven by larger contracts and a strong order book [2][3] - Tonner Drones is in a stronger financial position and is considering increasing its stake in Diodon Drone due to its robust performance and positive future expectations [3][4] - The company has made strategic investments, including approximately €2.3 million and €1.1 million in two French industrial companies focused on the drone and defense sectors [6] Company Developments - Diodon Drone was founded in 2017 and specializes in waterproof aerial drones for reconnaissance, surveillance, and inspection in maritime and coastal environments, initially catering to French special forces [1] - Tonner Drones has completed restructuring and refinancing efforts, allowing it to focus on strategic investments in the growing drone sector [4] - The company is also investing in MyHotelMatch, aiming to support its turnaround and explore opportunities in real estate, the drone sector, and cryptocurrency [5] Financial Performance - Tonner Drones achieved a positive financial result in H1 2025 as a result of its investment and treasury strategy [6] - Diodon Drone is expected to reach profitability in 2026 if it meets its revenue growth targets [2] Strategic Focus - Collaborating in the drone sector is now a key priority for Tonner Drones, which aims to capitalize on the positive dynamics and expansion within this industry [4][7] - Tonner Drones' strategy includes active asset management to increase the value of its stakes in promising French drone manufacturers [8]
Pharming Group to participate in Oppenheimer Movers in Rare Disease Summit
Globenewswire· 2025-12-08 07:00
Core Insights - Pharming Group N.V. is participating in the Oppenheimer Movers in Rare Disease Summit on December 11, 2025, in New York City, focusing on innovative companies and investors in the rare disease sector [1] - Anurag Relan, M.D., Chief Medical Officer of Pharming, will engage in a discussion about the hereditary angioedema (HAE) market during the event [1] Company Overview - Pharming Group N.V. is a global biopharmaceutical company dedicated to developing and commercializing innovative medicines for patients with rare, debilitating, and life-threatening diseases [3] - The company is headquartered in Leiden, the Netherlands, with a significant number of employees based in the U.S. [3]
ING reports outcome of 2025 EU-wide transparency exercise
Globenewswire· 2025-12-08 07:00
Core Insights - ING Group acknowledges the announcement from the European Banking Authority (EBA) and the European Central Bank (ECB) regarding the 2025 EU-wide Transparency Exercise [1] - The EBA Board of Supervisors approved the package for the EU-wide Transparency Exercise, which has been conducted annually since 2016 and is published alongside the Risk Assessment Report (RAR) [2] - Results for ING Group are available on the EBA website, ensuring transparency and accessibility for market participants [2] Summary of Transparency Exercise - The annual transparency exercise is based solely on COREP/FINREP data to provide sufficient information to market participants [2] - Templates for the exercise were filled in by the EBA and verified by banks and supervisors, allowing banks to correct errors and resubmit data [3] Company Profile - ING is a global financial institution with a strong European base, offering banking services through ING Bank, which operates in over 100 countries with more than 60,000 employees [6] - ING Group shares are listed on the Amsterdam, Brussels, and New York Stock Exchanges [6] Sustainability Efforts - ING aims to integrate sustainability into its operations, with an upgraded ESG rating from MSCI from 'AA' to 'AAA' in October 2025 [7] - As of June 2025, ING's management of ESG material risk is rated as 'Strong' by Sustainalytics, with a low ESG risk rating of 18.0 [7]
Scatec signs equity partnership agreements for Obelisk in Egypt
Globenewswire· 2025-12-08 07:00
Core Insights - Scatec ASA has signed shareholder agreements with Norfund and EDF power solutions for an equity partnership in the Obelisk project, which includes a 1.1GW solar and 100MW/200MWh battery storage hybrid project in Egypt [1][2] Company Overview - Scatec is a leading renewable energy solutions provider, with 6.2 GW of capacity in operation and under construction across five continents [5] - The company aims to enhance capital efficiency and increase value creation while retaining control of its power-producing entities [4] Project Details - The Obelisk project is Scatec's largest to date, designed to meet Egypt's growing power demand and support its energy transition [2] - Following the transaction, Norfund will own 25% of the Obelisk holding company, while Scatec retains 75% ownership [3] - EDF power solutions will hold a 20% stake in the operating company, resulting in Scatec and Norfund having a total economic interest of 60% and 20%, respectively [3] Strategic Partnerships - Scatec is in advanced discussions with additional equity partners to further reduce its economic interest in the Obelisk project [4]
Initial admission to the Official List
Globenewswire· 2025-12-08 07:00
Core Points - The Magnum Ice Cream Company N.V. (TMICC) has announced the admission of its ordinary shares to trading on Euronext Amsterdam, the London Stock Exchange, and the New York Stock Exchange on December 8, 2025 [1][2][8] - TMICC's issued and outstanding ordinary share capital consists of 612,259,739 shares with a nominal value of EUR 3.50 each, carrying one vote per share [4][5] - The company generated €7.9 billion in revenue in 2024, establishing itself as the world's largest ice cream company with a portfolio that includes brands like Magnum, Ben & Jerry's, Wall's, and Cornetto [15] Admission Details - The registration statement was filed on November 4, 2025, and the prospectus was published on December 3, 2025 [2] - Trading on Euronext Amsterdam is set to commence at 9:00 a.m. (Amsterdam time), on the London Stock Exchange at 8:00 a.m. (London time), and on the New York Stock Exchange at 9:30 a.m. (New York time) on December 8, 2025 [8][11] - Shareholders will receive statements evidencing their interests in TMICC ordinary shares by December 23, 2025 [3] Company Strategy - TMICC aims to enhance agility, focus, and ambition as an independent listed company, with a clear strategy to deliver growth and improve productivity [6][7] - The company plans to lead the frozen snacking revolution by innovating new products and enhancing customer service, thereby creating value for shareholders and stakeholders [7]
Pulsar Helium Reports Pressurised Gas Encounter at Jetstream #5 and Down-Hole Testing Conducted at Jetstream #3 and #4
Globenewswire· 2025-12-08 07:00
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