Mowi (OSE:MOWI): Share purchase program for employees in Mowi
Globenewswire· 2025-11-26 20:51
Core Points - The Board of Directors of Mowi ASA has decided to offer all permanent employees the opportunity to purchase shares at a discounted price based on the average purchasing price of NOK 222.22 per share on 26 November 2025 [1][2] - A total of 1,245 employees accepted the offer, resulting in the purchase of 247,679 shares to be sold to these employees [2] - The company has provided three alternative offers for employees to purchase shares, with varying amounts and taxable discounts [5] Summary by Category Employee Share Purchase Program - Mowi ASA is offering a share purchase program to all permanent employees across its subsidiaries in Norway, Scotland, Canada, and Poland [1] - The average share price for the offer is set at NOK 222.22 per share as of 26 November 2025 [1] Participation and Acceptance - The acceptance period concluded with 1,245 employees participating, leading to a total of 247,679 shares being accepted [2] - The company purchased these shares in the market at the average price of NOK 222.22 to fulfill its obligations [2] Alternative Purchase Options - Employees were presented with three alternatives for share purchases: - Alternative 1: Purchase 45 shares valued at approximately NOK 10,000, with a taxable discount of NOK 2,000, resulting in a purchase price around NOK 8,000 [5] - Alternative 2: Purchase 112 shares valued at approximately NOK 25,000, with a taxable discount of NOK 5,000, resulting in a purchase price around NOK 20,000 [5] - Alternative 3: Purchase 225 shares valued at approximately NOK 50,000, with a taxable discount of NOK 10,000, resulting in a purchase price around NOK 40,000 [5]
Michigan Broadband Services Earns “Best of the Best Internet Provider” Award as Voted by the Public
Globenewswire· 2025-11-26 20:48
Core Insights - Michigan Broadband Services (MBS) has been recognized as the "Best of the Best Internet Provider" in the Central Upper Peninsula region, based on public voting [1] Company Overview - MBS has been a trusted telecommunications provider in Michigan for over a century, originally established as the Upper Peninsula Telephone Company in 1908 [4] - The company offers a range of services including fiber internet, voice, mobile, and video services, with a commitment to affordability and local customer care [4] Expansion Plans - As of October 2025, MBS has passed more than 12,000 homes with fiber-optic internet and plans to expand to an additional 10,000 homes in 2026, aiming to reach a total of 50,000 homes in the coming years [2] - In 2025, MBS constructed over 200 miles of new fiber infrastructure, providing symmetrical gigabit-speed internet to underserved areas [2] Service Commitment - MBS emphasizes straightforward, affordable pricing with no hidden fees, data caps, or contracts, positioning itself as a leading full-service communications provider for residents and businesses in the Upper Peninsula [3]
Bavarian Nordic to Host a Shareholder Information Meeting on December 11, 2025 in Copenhagen
Globenewswire· 2025-11-26 20:00
Core Points - Bavarian Nordic A/S is hosting a shareholder meeting on December 11, 2025, to discuss the state of business and recap the company's strategy [1] - The meeting will take place at Tivoli Hotel & Congress Center in Copenhagen from 09:00 am to 10:30 am CET and will be conducted in English [1] - Shareholders must register in advance via the company's shareholder portal by December 9, 2025, due to limited seating [2] - Admission cards will be sent via email upon registration and must be presented at the meeting [3] - A recording of the meeting will be available on the company's website after the event [3] - Shareholders unable to attend can submit questions via email to be addressed during the meeting [3] Company Overview - Bavarian Nordic is a global vaccine company focused on improving health and saving lives through innovative vaccines [4] - The company is a preferred supplier of mpox and smallpox vaccines to governments, enhancing public health preparedness [4] - Bavarian Nordic also has a leading portfolio of travel vaccines [4]
Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Teck Shareholders Vote “FOR” the Merger of Equals with Anglo American
Globenewswire· 2025-11-26 19:19
Core Viewpoint - Teck Resources Limited's Board of Directors unanimously recommends shareholders vote "FOR" the merger with Anglo American plc, highlighting significant benefits and value creation opportunities for shareholders [1][2]. Summary by Sections Merger Recommendation - Independent proxy advisory firms ISS and Glass Lewis have recommended that Teck shareholders vote "FOR" the merger, affirming the Board's view that this merger is the best path forward for all stakeholders [1][2]. - The merger is positioned as a unique opportunity to create a global critical minerals champion with increased scale and a strong portfolio of copper and critical minerals assets [2]. Shareholder Voting - Teck shareholders of record as of October 20, 2025, are encouraged to vote "FOR" the merger before the proxy voting deadline of December 5, 2025, at 11:00 a.m. PST [3]. Support for the Merger - The merger has unanimous support from the Teck Board and significant backing from major shareholders, including Temagami Mining Company Limited and SMM Resources Incorporated, representing approximately 79.8% of issued and outstanding Teck Class A common shares [7]. Strategic Benefits - ISS noted that the merger makes strategic sense due to anticipated synergies and benefits, with expectations of increased liquidity and a stronger financial position for the combined company [6]. - Glass Lewis emphasized the strategic merits of the merger, suggesting it positions the combined entity as a financially stronger producer with meaningful upside from operational integration [6]. Regulatory and Approval Process - The merger is subject to shareholder approvals and customary closing conditions, including regulatory approvals under the Investment Canada Act and other jurisdictions [5].
Trex Named “The Coolest Thing Made in Virginia” by Virginia Manufacturing Association
Globenewswire· 2025-11-26 18:49
Core Insights - Trex composite decking has been awarded "The Coolest Thing Made in Virginia" in the Rubber and Plastics Products category at the 2025 Virginia Manufacturing Cup, highlighting the company's innovation and craftsmanship in the manufacturing sector [1][5]. Company Overview - Trex Company, headquartered in Winchester, Virginia, is the world's largest manufacturer of wood-alternative decking and has been a leader in redefining outdoor living for over 30 years [2][7]. - The company employs more than 1,800 people across its headquarters and manufacturing facilities in Virginia, Nevada, and Arkansas, with a sales team servicing six continents [4]. Product Features - Trex composite decking is made from up to 95% recycled and reclaimed materials, offering an eco-friendly, durable, and low-maintenance alternative to traditional wood [3]. - The decking is engineered to resist fading, staining, scratching, and mold, and does not rot, warp, crack, or splinter, requiring only occasional cleaning with soap and water [3]. Recognition and Awards - The 2025 Virginia Manufacturing Cup featured 89 competitors across 11 categories, with nearly 50,000 votes cast, showcasing the competitive landscape of Virginia's manufacturing community [5]. - Trex has received multiple accolades, including being named America's Most Trusted Outdoor Decking for five consecutive years (2021-2025) and ranking on Barron's list of the 100 Most Sustainable U.S. Companies for 2024 and 2025 [7]. Product Portfolio - In addition to composite decking, Trex offers a wide range of outdoor living products, including railing, deck drainage, LED lighting, outdoor kitchen components, pergolas, spiral stairs, fencing, lattice, and outdoor furniture, all marketed under the Trex brand [6][7].
Halmont Properties Corporation – Third Quarter Results
Globenewswire· 2025-11-26 18:36
Core Insights - Halmont Properties Corporation reported a net income of $12.25 million for the nine months ended September 30, 2025, an increase from $10.35 million in the same period of 2024 [1][2] - Revenue for the same period rose to $24.90 million from $20.96 million year-over-year [2] - Comprehensive income for common shareholders increased to $12.45 million from $11.43 million [2] - The diluted net income per common share decreased slightly to 4.85 cents from 5.07 cents [2] Financial Performance - Revenue: $24.90 million for the nine months ended September 30, 2025, compared to $20.96 million for the same period in 2024 [2] - Net Income: Increased to $12.25 million from $10.35 million year-over-year [2] - Comprehensive Income: Rose to $12.45 million from $11.43 million [2] - Diluted Net Income per Share: Decreased to 4.85 cents from 5.07 cents [2] Asset Performance - The commercial properties at 25 Dockside Drive and 2 Queen Street East, acquired in 2024, are performing well and providing stable cash flows [2] - The company maintains a strong balance sheet, with a fully diluted book value per common share of 95 cents, up approximately 11.76% from 85 cents one year earlier [3] Investment Strategy - Halmont invests directly in real assets, including commercial, forest, and residential properties [4] - Forestry investments, including a 59% effective interest in Haliburton Forest and a 7% equity stake in Acadian Timber Corp., continue to generate attractive returns and long-term growth potential [3]
Stingray to Acquire CHUP-FM in Calgary, AB
Globenewswire· 2025-11-26 18:00
Core Points - Stingray, a leader in music and video content distribution, announced the acquisition of CHUP-FM (C97.7) in Calgary from Rawlco Radio, pending CRTC approval [1][3] - The acquisition aims to enhance Stingray Radio's presence in Calgary, complementing its existing portfolio of 33 radio licenses in Alberta and 96 stations across Canada [2][4] Company Overview - Stingray operates in various sectors including TV broadcasting, streaming, radio, business services, and advertising, reaching 540 million consumers in 160 countries [4] - The company provides a wide range of services such as audio and video channels, subscription video-on-demand content, and digital signage solutions [4]
THEON signs new contract for up to 25,000 sets of thermal clip-on sights in Germany, with value of more than €100 million
Globenewswire· 2025-11-26 17:05
THERMIS Mk2 WS THERMIS Mk2 WS Philippe Mennicken, Deputy CEO and Business Development Director of THEON (left), First Director Jan Gesau, Head of Department U, Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) Philippe Mennicken, Deputy CEO and Business Development Director of THEON (left), First Director Jan Gesau, Head of Department U, Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) PRESS RELEASE Bloomber ...
Sodexo - Conditions for obtaining or consulting the preparatory documents for the Combined Shareholders Meeting of December 16, 2025
Globenewswire· 2025-11-26 17:00
Core Points - The Combined Shareholders Meeting of Sodexo is scheduled for December 16, 2025, at 3:30 pm Paris time [1] - The Preliminary Notice of Meeting was published on October 31, 2025, detailing the agenda and proposed resolutions [2] - The official Notice of Meeting will be published on November 28, 2025 [3] Company Overview - Sodexo, founded in 1966, is a leader in Food and Services, focusing on improving everyday experiences [6] - The company operates with a responsible business model and aims to enhance the quality of life for employees and consumers [6] - Sodexo is included in various indices such as CAC Next 20, CAC SBT 1.5, FTSE 4 Good, and DJSI [6] Key Figures - For Fiscal 2025, Sodexo reported consolidated revenues of 24.1 billion euros [9] - The company employs 426,000 individuals as of August 31, 2025 [9] - Sodexo serves 80 million consumers daily across 43 countries [9] - As of October 22, 2025, the market capitalization of Sodexo is 8.3 billion euros [9]
Aramis Group - 2025 annual results
Globenewswire· 2025-11-26 17:00
Core Insights - Aramis Group achieved profitable growth in fiscal year 2025, consolidating its leadership in Europe with market share gains across most geographies, particularly in France, which saw double-digit growth and an EBITDA margin close to 5% [3][5][7] - The company reported significant improvements in adjusted EBITDA, net income, and cash generation, alongside a substantial reduction in net debt, positioning itself for sustainable growth [3][7][30][34] Financial Performance - Total revenues for FY 2025 reached €2,379.6 million, reflecting a 6.3% increase from FY 2024 [14][29] - Adjusted EBITDA rose to €67.8 million, a 34.3% increase compared to the previous year [30][62] - Net income quadrupled to €19.9 million from €5.0 million in FY 2024 [34][56] - Gross profit per unit sold (GPU) increased to €2,359, up 3.2% from €2,285 in FY 2024 [30][61] Market and Operational Highlights - B2C vehicle sales volumes grew by 6.1% to 119,109 units, with refurbished cars and pre-registered cars contributing to this growth [13][16] - The company maintained high customer satisfaction, achieving a Net Promoter Score (NPS) of 73, one of the best in the industry [7] - Significant operational improvements were noted, including a reduction in operating working capital to 21 days, down from 26 days in the previous year [36][39] Geographic Performance - France generated €1,038.1 million in revenue, an 11.0% increase, driven by both refurbished and pre-registered vehicle sales [15][22] - Belgium and the United Kingdom also showed strong revenue growth of 11.4% and 8.1%, respectively, while Austria experienced a decline of 14.9% due to management transitions [15][25][26] - Italy's revenue increased by 3.3%, with a notable turnaround in Q4 2025 leading to positive adjusted EBITDA [8][27] Strategic Initiatives - The company is focused on operational convergence and enhancing its technology and data platforms, including the rollout of an internal marketplace and new AI-driven applications [10][11] - Aramis Group aims to sell at least 115,000 B2C vehicles and achieve at least €55 million in adjusted EBITDA for FY 2026, with medium-term growth ambitions reaffirmed [48][45] Governance Changes - Following the departure of key management, the company is undergoing operational transitions to refocus on profitability and cash generation [9][49] - Silvia Vernetti has been appointed as a new director, representing Stellantis, enhancing the strategic partnership between the two entities [50][51]