Core Insights - IDEX Biometrics ASA completed Tranche 2 of a private placement, involving 4,359,315 shares lent by CEO and CFO Anders Storbråten at a price of NOK 3.30 per share [1] - After the completion of Tranche 2, Anders Storbråten and close relations hold a total of 11,555,213 shares, representing 20.3% of the total outstanding shares and votes in IDEX Biometrics [2] Company Overview - IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [3] - The company's biometric solutions are built on patented technologies and target card-based applications for payments and digital authentication, partnering with leading card manufacturers and technology companies [3]

Core Insights - INVL Technology reported a net profit of EUR 0.766 million for the first half of 2025, representing a 22.8% increase from EUR 0.624 million in the same period of 2024 [2] - The company's equity and net asset value reached EUR 52.03 million and EUR 4.35 per share as of June 30, 2025, reflecting increases of 1.2% and 1.4% respectively since the beginning of the year [2] - The company anticipates significant revenue and profit growth in 2025 due to strong performance from managed companies and new contracts [3] Financial Performance - The aggregate revenue of companies managed by INVL Technology for January–June 2025 was EUR 28.7 million, a 2.8% increase year-on-year [5] - Gross profit for the same period increased by 11.4% to EUR 10.4 million, while aggregate EBITDA rose by 10.7% to EUR 2.5 million [5] - In Q2 2025, revenue increased by 14.3% year-on-year, gross profit rose by 22.4%, and EBITDA surged by 44.5% [5] Company-Specific Performance - NRD Cyber Security, managed by INVL Technology, saw its consolidated revenue increase by 45.3% to EUR 5.3 million in the first half of 2025 [6] - NRD Companies reported consolidated revenue of EUR 5.6 million, an 11.3% increase from the previous year, although gross profit decreased by 1.4% to EUR 2.5 million [7] - Novian's consolidated revenue was EUR 12.5 million, down 21.4% from the first half of 2024, with gross profit decreasing by 6.3% to EUR 3.9 million [8] Strategic Initiatives - INVL Technology is actively pursuing divestment processes for its portfolio companies and plans to enter a new phase after hiring new investment advisors [4]

Core Points - The net asset value of INVL Technology as of June 30, 2025, is reported to be EUR 52,026,456, which translates to EUR 4.3484 per share [1] Summary by Category Financial Performance - The net asset value indicates the overall financial health of INVL Technology, providing a per-share valuation that can be used for investment analysis [1] Company Information - Kazimieras Tonkūnas is the authorized person for providing additional information regarding INVL Technology, indicating a point of contact for stakeholders [1]

Core Viewpoint - Telenor's Finnish subsidiary KNL has secured contracts worth €15 million under a ten-year framework agreement with the Finnish and Swedish Armed Forces, highlighting the increasing demand for secure communication solutions amid geopolitical uncertainties in Europe [1][2]. Company Overview - KNL specializes in advanced high-frequency (HF) communication solutions that provide encrypted and resilient connectivity, capable of automatic connection in under one second, even in jamming conditions [3][6]. - The company became part of Telenor in 2020 and has focused on secure defense communications, engaging with NATO countries and running pilots with Norway's Defence Research Establishment [6][7]. Industry Context - The contracts are part of a broader ten-year framework agreement with NORDEFCO, aimed at enhancing joint procurement and interoperability among Nordic nations, with potential extensions to additional NATO countries [4]. - The growing demand for secure communication solutions is underscored by the current complex security environment, emphasizing the importance of KNL's technology in strengthening regional security [2][5]. Future Outlook - KNL is ramping up production to meet increasing market demand, with several countries expressing interest in testing and adopting its solutions, indicating strong potential for future orders [5][7]. - Initial deliveries to the Finnish and Swedish armed forces are expected to be completed by the end of the year [4].

Core Insights - Danone is evolving its leadership structure to operate through three geographical divisions: EMEA, Asia Pacific, and Americas, enhancing agility and market impact as part of its Renew Danone strategy [1][3] - The company aims to accelerate its transformation with a more compact and simpler organization at the top [3] - Danone generated €27.4 billion in sales in 2024, with a mission to bring health through food to as many people as possible [4] Leadership Changes - Christian Stammkoetter, President for Asia, Africa, and the Middle East, will leave Danone after 19 years, remaining in his role until the end of the year [2] - Pablo Perversi is appointed President EMEA, Bruno Chevot is appointed President APAC, and Henri Bruxelles is appointed President Americas [6] - Laurent Sacchi will lead Sustainability efforts to further the company's health mission through sustainability and social impact [2] Strategic Goals - Danone's Renew strategy focuses on restoring growth, competitiveness, and long-term value creation [4] - The company aims to achieve B Corp certification globally by 2025, reflecting its commitment to sustainability [4]

Core Viewpoint - Bavarian Nordic A/S is undergoing a voluntary public takeover offer from Innosera ApS, backed by Nordic Capital Fund XI and Permira, with the Board of Directors recommending shareholders accept the offer as it presents immediate and attractive value [1][2]. Company Overview - Bavarian Nordic has evolved into a leading vaccine company since 2018, receiving multiple unsolicited inquiries for potential takeover bids [2]. - The company specializes in innovative vaccines, including mpox and smallpox vaccines, and has a strong portfolio of travel vaccines [4]. Offer Details - The Board of Directors has conducted a thorough analysis of the takeover offer, considering the company's financials, performance, and future prospects [2]. - The offer is positioned as an opportunity for shareholders to realize immediate value, which the Board finds attractive [2]. - The Board Statement regarding the offer is available in both Danish and English, with the Danish version prevailing in case of discrepancies [2][3]. Communication and Availability - Offer-related documents, including the Board Statement, are accessible on Bavarian Nordic's website, with notifications sent to registered shareholders [3].

Core Viewpoint - Innosera ApS, controlled by Nordic Capital Fund XI and Permira, has made a voluntary all-cash takeover offer for Bavarian Nordic A/S at DKK 233.0 per share, with a revised minimum acceptance condition of 75% of shares [1][3]. Group 1: Offer Details - The takeover offer is for all issued and outstanding shares of Bavarian Nordic, excluding treasury shares [1]. - The offer document has been approved by the Danish Financial Supervisory Authority and includes an acceptance form [1]. - The initial minimum acceptance condition was over 90% but has been lowered to 75% [3]. Group 2: Shareholder Guidance - Shareholders are advised to read the Offer Document and the forthcoming Board Statement in full before making a decision [4]. - The Board of Directors will issue a statement regarding the Offer as soon as possible [2]. Group 3: Company Background - Bavarian Nordic is a global vaccine company focused on innovative vaccines, including mpox and smallpox vaccines, and has a strong portfolio of travel vaccines [7].

Company Overview - Alstom has been commissioned to supply 234 Metropolis metro cars and a Communications Based Train Control (CBTC) signalling system for the Mumbai Metro Line 4 project, valued at a few hundred million euros [1] - The project is part of the Integrated Systems Package awarded to Larsen & Toubro Limited by the Mumbai Metro Regional Development Authority [1][2] Project Details - Mumbai Metro Line 4 is a 35.3 km elevated corridor with 32 stations, enhancing connectivity with existing transport systems [2] - The Metropolis trainsets will be designed in Bangalore and manufactured at Alstom's Sri City facility in Andhra Pradesh, with components sourced from various locations in India [4] Technology and Expertise - Alstom is a leader in the mass transit market and has over 30 years of expertise in CBTC technology, with 190 metro lines equipped worldwide [5][12] - The CBTC technology will enable driverless operation, significantly reducing travel time and CO2 emissions [9][11] Maintenance and Services - Alstom will provide five years of maintenance services for the metro cars and signalling systems to ensure reliability and safety [8][11] - The FlexCare Perform maintenance services will cover comprehensive maintenance for the 234 Metropolis cars [8] Contribution to Urban Mobility - Alstom's solutions are expected to alleviate traffic congestion in Mumbai, contributing to the city's expanding public infrastructure [9][10] - The company has a long-standing presence in Mumbai's metro network, with previous projects including the Aqua Line, which serves over 1.6 million passengers daily [6]

Core Viewpoint - Pulsar Helium Inc. is advancing its Topaz helium project in Minnesota, having secured a drilling contract with Timberline Drilling Inc. to drill up to ten wells, with operations expected to start in late September 2025. Recent flow testing results from the Jetstream 1 well indicate significant helium production potential, flowing over 1.3 million cubic feet per day under compression, highlighting the reservoir's exceptional capabilities [1][3][5]. Operational Update - The company has executed a Master Services Agreement with Timberline Drilling Inc. for a core drilling program at the Topaz project, targeting helium-bearing formations at depths of approximately 3,937 feet (1,200 meters) [4][5]. - Drilling is set to begin in late September 2025, with continuous operations planned to efficiently complete the program [5][6]. - The Jetstream 1 well achieved a peak gas flow rate of approximately 1.3 million cubic feet per day (MMcf/d) during flow testing, confirming a clean, helium-bearing gas stream with no formation water [5][10]. Drilling Program Details - The drilling program aims to delineate the extent and productivity of the helium reservoir at Topaz, with up to ten wells planned to provide flexibility in targeting optimal production areas [8]. - Pulsar has budgeted for the program and made an advance payment of US$70,000 for the blowout preventer to secure rig and crew availability [8]. - All necessary permits are in place for the initial three well locations [8]. Flow Test Results - Jetstream 1 was flow-tested with a peak gas flow rate of approximately 1.3 million cubic feet per day, significantly exceeding previous benchmarks [10][11]. - Jetstream 2 exhibited an initial gas flow of roughly 40–50 thousand cubic feet per day, with a strong initial shut-in pressure, indicating high reservoir potential despite some flow restrictions [12][14]. Strategic Partnerships - Pulsar is collaborating with Chart Industries to model production scenarios for helium and co-produced CO₂, utilizing data from Jetstream 1 to guide the design of gas processing and liquefaction equipment [11][12].

Group 1 - The company Valstybės investicinis kapitalas UAB has submitted its unaudited interim financial statements for the six-month period ending on June 30, 2025 [1][2] - The financial statements are prepared in accordance with the International Financial Reporting Standards as adopted by the European Union [1][2] Group 2 - The contact person for inquiries regarding the financial statements is Vaidas Daktariunas, the Chief Executive Officer of Valstybės investicinis kapitalas UAB [3] - Contact details include a phone number and an email address for further communication [3]