Workflow
NBPE - Transaction in Own Shares
Globenewswire· 2025-06-03 06:00
Company Overview - NB Private Equity Partners ("NBPE") is a closed-end investment company based in Guernsey, focusing on direct private equity investments alongside leading private equity firms globally [3][6] - The company is managed by NB Alternatives Advisers LLC, a wholly owned subsidiary of Neuberger Berman Group LLC, which is responsible for sourcing, execution, and management of investments [3] Share Buyback Announcement - On June 3, 2025, NBPE announced the buyback of Class A Shares under the authority granted by shareholders on June 12, 2024, and an agreement with Jefferies International Limited [1][2] - A total of 3,800 Class A Shares were purchased on June 2, 2025, at prices ranging from £14.50 to £14.20 [2] - Following the buyback, the total number of outstanding Class A Shares will be 45,546,161, with an additional 3,150,408 Class A shares held in treasury [2] Investment Strategy - NBPE aims for capital appreciation through growth in net asset value over time while providing a bi-annual dividend [3] - The company emphasizes fee efficiency by making direct investments without management fees or carried interest payable to third-party general partners [3] Neuberger Berman Overview - Neuberger Berman, founded in 1939, is an employee-owned independent investment manager with over 2,800 employees across 26 countries, managing $515 billion in various asset classes [4] - The firm's investment philosophy is based on active management, fundamental research, and engaged ownership, and it has been recognized as a top workplace in money management for eleven consecutive years [4]
Harvia and Toyota Co-Develop Concept Model for Hydrogen Sauna Utilizing Hydrogen Combustion Technology - Demonstration in Finland to Explore New Potential Applications for Hydrogen and Carbon Neutrality-
GlobeNewswire· 2025-06-03 06:00
Core Viewpoint - Harvia Plc and Toyota Motor Corporation have collaborated to create what is believed to be the world's first hydrogen-powered sauna, aiming for a more sustainable future in sauna technology by integrating Harvia's expertise with Toyota's hydrogen combustion technology [1][5]. Group 1: Collaboration and Events - The hydrogen sauna concept will be showcased at two events in Jyväskylä, Finland: the "World Sauna Forum" on June 4-5, 2025, and during "Rally Finland" from July 31 to August 2, 2025 [2]. - This partnership is part of a broader initiative to explore new hydrogen applications and contribute to carbon neutrality [2]. Group 2: Technology and Environmental Impact - The hydrogen sauna system generates only steam and warm air, with no CO2 emissions during operation, presenting a cleaner alternative to traditional heating methods [3]. - The design of the hydrogen combustion heater aims to replicate the traditional smoke sauna experience, providing gentle heat and pleasant steam when water is poured on heated stones [4]. Group 3: Company Profiles - Harvia is a global leader in the sauna and spa market, known for its commitment to environmental responsibility and innovative solutions across its operations [7][8]. - Toyota views hydrogen as a crucial fuel for achieving carbon neutrality and is actively promoting hydrogen initiatives across various sectors [6].
Transgene to Host Webcast on Positive TG4050 Head and Neck Cancer Data Presented at ASCO 2025
Globenewswire· 2025-06-03 06:00
Strasbourg (France), June 3, 2025, 8:00 a.m. CET – Transgene (Euronext Paris: TNG), a biotech company that designs and develops virus-based immunotherapies for the treatment of cancer, today announced it will host a live webcast to discuss the latest positive clinical data from its individualized neoantigen cancer vaccine, TG4050, presented at the 2025 American Society of Clinical Oncology (ASCO) Annual Meeting (see press release here). The webcast will take place on June 6, 2025 at 9:00 a.m. ET / 3:00 p.m. ...
JLT Mobile Computers showcases JLT6015 at TOC Europe, June 17-19, 2025 – a new innovative rugged vehicle-mount computer enabling container terminal automation
Globenewswire· 2025-06-03 06:00
Image description: TOC Europe 17-19 June 2025Image available: pr@jltmobile.com Växjö, Sweden, 3rd June, 2025 * * * JLT Mobile Computers, a leading developer and supplier of reliable computers for demanding environments, invites media to experience its latest rugged vehicle-mount computers at TOC Europe on June 17-19, 2025. The annual conference in Rotterdam, Netherlands, brings together global port and terminal supply chain leaders. JLT will be at stand E:32 alongside Visy, a pioneer in optical charact ...
RIBER receives an order in Asia for an MBE 412 research system
Globenewswire· 2025-06-03 06:00
Core Insights - RIBER, a leader in Molecular Beam Epitaxy (MBE) equipment, has secured an order for an MBE 412 research system from a prominent Asian university institute, aimed at advancing research on laser sources for methane detection [2][3] Company Overview - Founded in 1964, RIBER specializes in designing and producing MBE equipment for the semiconductor industry, providing both scientific and technical support to optimize client equipment performance [4] - RIBER's equipment plays a crucial role in the development of advanced semiconductors used in various applications, including information technologies, photonics, 5G telecommunications, and quantum computing [4] Product Details - The MBE 412 system is noted for its compactness and versatility, allowing for high flexibility in growth protocols and compatibility with a variety of effusion cells, ensuring excellent deposition uniformity and stability [3] - The recent order reflects a growing interest in MBE technologies among research institutes for developing specialized lasers and innovative nanoscale materials [3]
Life360 Announces Pricing of Upsized Convertible Senior Notes Offering
Globenewswire· 2025-06-03 05:54
Core Viewpoint - Life360, Inc. has announced a private offering of $275 million in convertible senior notes due 2030, increasing from a previously announced $250 million, with net proceeds expected to be approximately $265.2 million after expenses [1][5]. Group 1: Offering Details - The offering consists of 0.00% convertible senior notes, which will mature on June 1, 2030, and will not bear regular interest [2]. - The initial conversion rate is set at 12.3501 shares of common stock per $1,000 principal amount of notes, equating to an initial conversion price of approximately $80.97 per share, representing a 32.5% premium over the last reported sale price of $61.11 on June 2, 2025 [2]. - Life360 has granted initial purchasers an option to buy an additional $45 million in notes within 13 days of the initial issuance [1]. Group 2: Use of Proceeds - Life360 plans to allocate approximately $29 million of the net proceeds to fund capped call transactions, with the remainder intended for general corporate purposes, including potential acquisitions or strategic investments [5]. Group 3: Capped Call Transactions - The capped call transactions are designed to reduce potential dilution of Life360's common stock upon conversion of the notes, with an initial cap price of $122.22 per share, a 100% premium over the last reported sale price [6][7]. - If the market price exceeds the cap price, there may still be dilution or no offset for potential cash payments [8]. Group 4: Redemption and Repurchase - The notes are redeemable at Life360's option starting June 5, 2028, under certain conditions, including if the stock price exceeds 130% of the conversion price [3]. - In the event of a "fundamental change," noteholders may require Life360 to repurchase their notes for cash at the principal amount plus any accrued interest [4].
Aedifica and Cofinimmo reach agreement to unite and create Europe's leading healthcare REIT
Globenewswire· 2025-06-03 05:30
More information is available on Aedifica’s website via the link below and can be accessed subject to the usual restrictions. Press release EN Communiqué de presse FR Persbericht NL ...
Aalberts reports the progress of its share buyback programme 26 May – 30 May 2025
Globenewswire· 2025-06-03 05:30
Core Viewpoint - Aalberts has initiated a share buyback program, repurchasing shares to enhance shareholder value and intends to cancel the repurchased shares [1][2]. Group 1: Share Buyback Details - Aalberts repurchased 2,500 shares from May 26 to May 30, 2025, for a total of EUR 77,389, averaging EUR 30.96 per share [1]. - The total share buyback program, announced on February 27, 2025, is set for EUR 75 million, starting on February 28, 2025, and concluding by October 24, 2025 [2]. - As of May 30, 2025, a cumulative total of 1,837,869 shares has been repurchased for EUR 54,832,159 [2]. Group 2: Execution and Compliance - An intermediary has been engaged to conduct the share repurchases in the open market, independent of Aalberts [3]. - The buyback program is executed within the authority granted by the Annual General Meeting on May 23, 2024, and adheres to the Market Abuse Regulation and safe harbour parameters [3]. Group 3: Additional Information - Weekly progress of the share buyback can be tracked on the company's dedicated website [4]. - The press release is issued in compliance with EU regulations regarding disclosure and reporting obligations for buyback programs [5].
Maxim Group initiates the coverage of the CROSSJECT share with a BUY recommendation and a target price of €4.00
Globenewswire· 2025-06-03 05:30
Group 1 - Maxim Group has initiated coverage of CROSSJECT with a BUY recommendation and a target price of €4.00 [2] - The CROSSJECT share price was €1.77 on the date of the research report issuance, May 29, 2025 [3] - CROSSJECT is in advanced regulatory development for ZEPIZURE®, an epileptic rescue therapy, supported by a $60 million contract with BARDA [5][6] Group 2 - CROSSJECT specializes in developing emergency medicines using its needle-free auto-injector ZENEO® platform [5] - The company aims to provide solutions for allergic shocks, adrenal insufficiencies, and other emergency indications [5] - Patrick Alexandre, CEO of CROSSJECT, expressed excitement about the endorsement from Maxim Group and the potential for further developments in the North American market [4]
Viridien sets new seismic data acquisition standard with launch of Sercel Accel – the world’s first onshore drop node solution
Globenewswire· 2025-06-03 05:30
Core Insights - Viridien has launched the Sercel Accel, the first onshore drop node solution aimed at transforming land seismic data acquisition [1][5] - The Accel solution significantly reduces deployment time and labor requirements, enhancing operational efficiency and reducing costs by up to 30% [2][5] Product Features - Accel eliminates the need for nodes to be buried or planted, streamlining logistics and improving in-field agility [2] - The solution is powered by the Sercel QuietSeis MEMS sensor, ensuring total data integrity and reliability [3] - Accel includes modular Solution Packs that combine nodes, software, and services, allowing customization based on project needs [4] Company Overview - Viridien is a technology and Earth data company focused on sustainable solutions for natural resources and infrastructure challenges, employing around 3,400 people globally [6]