Kalmar and Independent Rough Terrain Center partner to deliver advanced rough terrain container handling solutions
Globenewswire· 2025-12-01 08:00
Core Insights - Kalmar and Independent Rough Terrain Center (IRTC) have formed a strategic partnership to distribute and service IRTC's Rough Terrain Container Handler (RTCH) globally, enhancing Kalmar's product offerings and service capabilities [1][3] - The RTCH is specifically designed for challenging environments where traditional equipment cannot operate, making it suitable for sectors like defense, mining, and resource exploration [2][5] Company Overview - Kalmar is a global leader in sustainable material handling equipment, operating in over 120 countries with approximately 5,200 employees and reported sales of around EUR 1.7 billion in 2024 [4] - IRTC is a Texas-based manufacturer known for its RTCH, which is utilized across various industries including construction, logistics, mining, energy, and defense, providing reliable cargo movement in off-road conditions [5] Partnership Benefits - The partnership allows IRTC to leverage Kalmar's extensive global sales and service network, enhancing its reach to a wider audience [3] - Kalmar aims to support operations in challenging logistics environments, expanding the capabilities of material handling solutions in sectors such as mining and oilfield projects [3]
The "bridge" that started at Xiamen – a 40-year chronicle of Xiamen International Bank
Globenewswire· 2025-12-01 07:42
Core Insights - Xiamen International Bank has played a significant role in the financial development of Xiamen and has established connections with international markets since its inception in 1985 [1][4]. Group 1: Historical Development - The bank supported the construction of the Xiamen Special Economic Zone and introduced a new financing model in China by serving as the issuing agent for the first phase of bonds for the Xiamen Bridge in 1986 [4]. - It was one of the first banks in China to offer housing mortgage loans, leveraging expertise from Hong Kong and Macao banks [4]. - The bank established a remittance channel via the United States, facilitating telegraphic transfers from Taiwan within two days [4]. Group 2: Regional Expansion - Xiamen International Bank established its first mainland branch in Fuzhou in 1992 and expanded its network across all prefecture-level cities in Fujian [6]. - As of June 2025, the bank operates more than 50 branches in Fujian with over 3,000 employees, contributing over 14 billion yuan in tax revenue over the past decade [6]. Group 3: International Operations - The bank has strengthened its services for overseas Chinese communities and expanded its cross-border financial operations, with its overseas Chinese financial business reaching nearly 230 billion yuan by September 2025 [7]. - It has assisted over 120 Chinese non-financial enterprises in issuing offshore bonds totaling more than 240 billion yuan [7]. - The international business accounts for more than one-third of total operations, making it the small-to-medium bank in China with the highest proportion of international business [7]. Group 4: Rankings - In the 2024 Global 1000 Banks ranking by The Chinese Banker, Xiamen International Bank ranked 156 by total assets and 168 by Tier 1 capital [8].
Share buyback programme - week 48
Globenewswire· 2025-12-01 07:42
Core Points - The bank has initiated a share buyback program with a total budget of up to DKK 1,000 million, aiming to repurchase a maximum of 1,600,000 shares from June 2, 2025, to January 30, 2026 [1][2] - As of the latest report, the bank has repurchased a total of 981,077 shares, representing 3.86% of its share capital, with an average purchase price of DKK 1,333.52 [2] Summary of Transactions - Total shares purchased under the program as of the last announcement: 544,977 shares at an average price of DKK 1,425.36, totaling DKK 776,786,440 [2] - Additional purchases from November 24 to November 28, 2025, included: - November 24: 4,500 shares at DKK 1,429.71 - November 25: 4,400 shares at DKK 1,443.10 - November 26: 4,400 shares at DKK 1,450.43 - November 27: 4,300 shares at DKK 1,440.67 - November 28: 4,300 shares at DKK 1,429.79 - Total shares bought back during this period: 566,877 shares at an average price of DKK 1,425.87, totaling DKK 808,294,645 [2] Compliance and Regulations - The share buyback program is conducted in compliance with EU Commission Regulation No. 596/2014 and EU Commission Delegated Regulation No. 2016/1052, which provide a "Safe Harbour" for such transactions [2]
Robert Róbertsson appointed CFO at Icelandic Salmon AS
Globenewswire· 2025-12-01 07:30
Core Points - Robert Róbertsson has been appointed as the Chief Financial Officer of Icelandic Salmon, effective before June 1, 2026 [1][3] - He has extensive experience in the industry, having served as CFO at Kaldvik for five years and previously worked for 10 years at Ernst and Young in transaction advisory services and audit [1][4] - The company aims to achieve a target of 21 thousand tonnes by 2026, indicating a positive outlook for the industry in Iceland [2][5] Company Details - Robert Róbertsson is 39 years old and resides in Reykjavik, where he will be based at the company's office in Urdarhvarf [1][4] - Edvin Aspli, who has been serving as Interim CFO since May 2025, will return to his role as Chief Strategy Officer upon Robert's appointment [3][5] - CEO Bjørn Hembre expressed confidence that Robert's experience and leadership will enhance the company's ability to meet its goals [2][5]
Heavy Rare Earth Global Crisis Spotlights Norra Kärr in Sweden
Globenewswire· 2025-12-01 07:30
VANCOUVER, British Columbia, Nov. 30, 2025 (GLOBE NEWSWIRE) -- Leading Edge Materials Corp. (“Leading Edge Materials” or the “Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) (FRA: 7FL) provides a progress update on the Norra Kärr Heavy Rare Earth Elements Project (“HREE”) being developed by the Company’s wholly-owned Swedish subsidiary Greenna Mineral AB. Heavy Rare Earths Crisis The drastic shortage of heavy rare earth elements - particularly Dysprosium and Terbium – was highlighted in a R ...
Share repurchase programme: Transactions of week 48 2025
Globenewswire· 2025-12-01 07:28
Core Viewpoint - Jyske Bank has initiated a share repurchase program with a total value of up to DKK 2.25 billion, running from February 26, 2025, to January 30, 2026, in compliance with EU regulations [1]. Group 1: Share Repurchase Program Details - The share repurchase program is structured in accordance with the EU Commission Regulation No. 596/2014 and the Commission Delegated Regulation (EU) 2016/1052, collectively known as the "Safe Harbour Rules" [1]. - As of the latest announcement, Jyske Bank has accumulated a total of 2,764,126 shares under the program, representing 4.49% of the share capital [2]. - The average purchase price of the shares acquired under the program is DKK 642.74, with a total transaction value of DKK 1,776,615,631 [2]. Group 2: Transaction Summary - The program has seen multiple transactions, with the most recent purchases occurring between November 24 and November 28, 2025, totaling 74,125 shares at varying average prices [2]. - The accumulated shares prior to the latest transactions were 2,689,981 shares, purchased at an average price of DKK 638.70, amounting to DKK 1,718,085,924 [2]. Group 3: Contact Information - For further inquiries, Jyske Bank has provided contact details for CFO Birger Krøgh Nielsen [3].
Deferred Consideration, Transfer of Treasury Shares and Total Voting Rights
Globenewswire· 2025-12-01 07:05
Core Points - Foresight Group Holdings Limited has announced the payment of an initial AU$19,555,230 in earn-out consideration related to the acquisition of Infrastructure Capital in 2022, with 50% paid in cash and 50% through shares [2] - The share component of the earn-out consideration involves the transfer of 775,679 ordinary shares, representing approximately 74% of the total shares to be transferred, with the remaining shares to be transferred in the coming days [2] - The maximum total earn-out consideration from the acquisition could reach AU$30 million, with further announcements expected if additional amounts become due [2] Financial Details - The value of the Consideration Shares is AU$9,777,615 (approximately £4.8 million) based on a fixed share price of around 464.27p [3] - The share element of the earn-out consideration is subject to performance-based targets and will be forfeited until 30 June 2028, with lock-up provisions preventing disposal or transfer of shares before this date [3] Share Structure - Following the Treasury Share Transfer and recent share buybacks, the total number of ordinary shares in the company will be 116,347,803, with 1,062,802 shares held in treasury, resulting in total voting rights of 115,285,001 [4]
Karolinska Development AB (publ) announces a rights issue of up to approximately SEK 203 million, subject to subsequent approval by the Extraordinary General Meeting, and proposes change of company name to KDventures AB
Globenewswire· 2025-12-01 07:00
Core Viewpoint - Karolinska Development AB plans to conduct a rights issue of class B shares to raise approximately SEK 202.6 million for the continued development of existing investments, new investments, and general corporate purposes [2][4]. Rights Issue Details - The rights issue will consist of up to 675,193,985 new class B shares at a subscription price of SEK 0.30 per share, with an estimated transaction cost of SEK 16.8 million [4][9]. - Shareholders will have preferential rights, where one existing share grants five subscription rights, and two subscription rights allow for the purchase of one new class B share [4][9]. - The subscription period is from January 13, 2026, to January 27, 2026, with trading in subscription rights occurring from January 13 to January 22, 2026 [10][11]. Financial Commitments - Existing shareholders and members of the Board have committed approximately SEK 5.2 million, representing about 2.6% of the rights issue, while guarantee commitments total approximately SEK 95.2 million, or about 47% of the rights issue [3][12][13]. - The net proceeds will primarily be allocated to existing portfolio companies (approximately 75%) and general corporate purposes (approximately 25%) [10][8]. Company Background - Karolinska Development is an investment company focused on medical innovations with significant commercial potential, managing a portfolio of eleven companies, nine of which have drug candidates in clinical trials [6][7]. - The company aims to leverage its management expertise and co-investments with other investors to enhance the development and commercialization of its portfolio [7][23]. Extraordinary General Meeting - The rights issue is subject to approval by an Extraordinary General Meeting scheduled for January 8, 2026, which will also consider amendments to the company's articles of association and a proposed name change to KDventures AB [19][20].
Subsea7 awarded contract offshore UK
Globenewswire· 2025-12-01 07:00
Core Insights - Subsea 7 S.A. has been awarded a significant contract by Ithaca Energy for decommissioning services related to the Alba Floating Storage Unit and Greater Stella field FPF-1 production facility, located approximately 230 kilometers east of Aberdeen [1][3] - The decommissioning scope includes flushing subsea pipelines, providing diver support vessel services, and seabed clearance [1] - The contract value is defined as being between $50 million and $150 million, indicating a sizeable project for Subsea 7 [3] Project Timeline - Project management and engineering will begin immediately at Subsea 7's office in Aberdeen, with offshore activities scheduled to start in Q2 2026 [2] Company Expertise and Relationship - Hani El Kurd, Senior Vice President of UK and Global Inspection, Repair and Maintenance at Subsea 7, emphasized the company's three decades of decommissioning expertise and the importance of their longstanding relationship with Ithaca Energy, which began in 2008 [3]
DÉKUPLE REPORTS SUSTAINED GROWTH AND CONFIRMS THE STRENGTH OF ITS INTEGRATED MODEL OVER THE FIRST NINE MONTHS OF 2025, DRIVEN BY DIGITAL MARKETING AND INTERNATIONAL EXPANSION
Globenewswire· 2025-12-01 07:00
Core Insights - DÉKUPLE Group reported sustained growth in the first nine months of 2025, with net sales reaching €175.1 million, a 12.7% increase year-on-year, driven by digital marketing and international expansion [1][7][20] - The company confirmed the strength of its integrated growth model, emphasizing resilience and profitability in a challenging economic environment [2][20] Financial Performance - Net sales for the first nine months of 2025 were €175.1 million, up 12.7% from €155.4 million in the same period of 2024 [7][8] - Net revenue increased to €130.9 million, reflecting a 7.6% growth compared to €121.7 million in 2024 [8][11] - Digital Marketing emerged as a strategic growth engine, with net revenue of €78.5 million, a 19.5% increase from €65.7 million [9][15] Segment Analysis - Digital Marketing accounted for over 70% of consolidated net sales, with significant contributions from consulting and technology [4][15] - Magazines generated net revenue of €46.7 million, down 6.5% from €50.0 million, while the Insurance segment reported €5.7 million, a decrease of 5.4% [8][17] - International operations saw a remarkable growth of 241.1%, with net revenue reaching €16.8 million, compared to €4.9 million in the previous year [13][14] Strategic Initiatives - The company is focused on a selective and profitable growth strategy, emphasizing innovation and operational excellence [6][20] - The upcoming Ambition 2030 Plan aims to structure DÉKUPLE's long-term vision and reinforce its position as a leader in data marketing [6][21] Employee Contribution - The commitment and innovative mindset of DÉKUPLE's 1,200 employees are highlighted as key drivers of the company's success [7]