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Aspo Plc - Managers' Transactions – Mikael Laine
Globenewswire· 2025-11-21 09:30
Core Insights - Aspo Plc's board member Mikael Laine made multiple share acquisitions on November 20, 2025, indicating confidence in the company's stock performance [1][3]. Transaction Details - The total volume of shares acquired by Mikael Laine was 10,000 shares at a volume-weighted average price of 6.66405 EUR [3]. - Individual transactions included: - 269 shares at 6.62 EUR - 662 shares at 6.66 EUR - 127 shares at 6.60 EUR - 164 shares at 6.68 EUR - 118 shares at 6.66 EUR - 128 shares at 6.66 EUR - 121 shares at 6.66 EUR - 280 shares at 6.66 EUR - 200 shares at 6.66 EUR - 1000 shares at 6.66 EUR - 452 shares at 6.64 EUR - 256 shares at 6.64 EUR - 910 shares at 6.62 EUR - 81 shares at 6.62 EUR [1][3].
Hofseth BioCare ASA: PRIMARY INSIDER NOTIFICATION
Globenewswire· 2025-11-21 09:28
Group 1 - Christoph Baldegger, a primary insider and member of the Board of Directors at Hofseth BioCare ASA, has subscribed for 368,320 Offer shares in the Subsequent Offering [1] - After the share capital registration, Mr. Baldegger will hold a total of 3,616,296 shares in Hofseth BioCare ASA, representing approximately 0.92% of the total outstanding A-shares with voting rights [1] - This information is disclosed in accordance with the Market Abuse Regulation EU 596/2014 and the Norwegian Securities Trading Act [1]
Hofseth BioCare ASA: RESULTS OF SUBSEQUENT OFFERING
Globenewswire· 2025-11-21 09:14
Core Viewpoint - Hofseth BioCare ASA is conducting a Subsequent Offering to raise gross proceeds of approximately NOK 30,000,000 through the issuance of up to 16,666,666 new ordinary shares at a subscription price of NOK 1.80 per share [2]. Group 1: Offering Details - The Subsequent Offering is directed towards shareholders as of 24 October 2025, with certain exclusions for those who participated in a prior private placement and shareholders in jurisdictions where the offering is unlawful [3]. - The application period for the Subsequent Offering ended on 20 November 2025, with applications received for 1,215,560 Offer Shares [4]. - The Board has allocated all 1,215,560 Offer Shares to Eligible Shareholders, and allocation letters will be sent to subscribers shortly [5]. Group 2: Share Capital Increase - A general meeting held on 20 November 2025 authorized the Board to increase the Company's share capital by up to NOK 166,666.66, pending registration with the Norwegian Register of Business Enterprises [6]. - Completion of the Subsequent Offering is contingent upon the registration of the share capital increase, receipt of payment for all subscribed Offer Shares, and valid resolutions by the Board [7].
OMS Energy Technologies Inc. Reports Strong Cash Generation and Sustained Profitability in First Half of Fiscal Year 2026
Globenewswire· 2025-11-21 09:00
Core Insights - OMS Energy Technologies Inc. reported a record cash position of $128.7 million and significant strategic progress in international markets, indicating a strong long-term growth trajectory [1][4] - The company experienced a decline in total revenues to $82.8 million for the first half of fiscal 2026, primarily due to a normalization of call-off orders compared to exceptionally high volumes in the previous year [5][6] Financial Performance - Total revenues for the first half of fiscal 2026 were $82.8 million, down from $129.2 million in the same period of 2025, attributed to high call-off orders in Saudi Arabia in the prior year [5][6] - Gross margin remained healthy at 28.2%, despite a decrease from 33.3% in the previous year, reflecting continued cost discipline and operational efficiency [10] - Operating profit was reported at $17.9 million with a 21.6% operating margin, showcasing the company's resilient business model [6][11] - Net profit decreased to $14.6 million from $30.7 million in the same period last year, influenced by a strong base period driven by high call-off volumes [13][14] Cash Flow and Balance Sheet - The company generated $26.4 million in net cash from operating activities, contributing to a record cash balance of $128.7 million as of September 30, 2025, up from $75.8 million in March 2025 [15][16] - The increase in cash was also supported by net proceeds of $28.9 million from the initial public offering [15] - OMS maintained a conservative balance sheet with ample liquidity to support future investments and global expansion [16] Market Expansion and Strategic Partnerships - OMS expanded its global footprint through new partnerships in Angola and Pakistan, and strong performance in Indonesia, Egypt, Oman, and the UAE [2] - The company secured a renewed three-year agreement with PTTEP in Thailand, reinforcing its leadership position in the region [2] - Marketing efforts in Indonesia are attracting new customers, contributing to steady growth in sales of surface wellhead and Christmas tree products [2][4]
Havila Shipping ASA: Equinor Energy AS has exercised one year option for Havila Charisma (PSV)
Globenewswire· 2025-11-21 08:56
Core Points - Equinor Energy has exercised a one-year option for the Havila Charisma vessel, extending the contract until December 2026 [1] - There is an additional option for one more year, which can extend the contract until December 2027 [1] Company Information - The Chief Executive Officer of Equinor Energy is Njål Sævik, and the Chief Financial Officer is Arne Johan Dale [1] - Contact information for the executives is provided for further inquiries [1] Regulatory Compliance - The information disclosed is subject to the requirements of Section 5-12 of the Norwegian Securities Trading Act [1]
The 8th World Textile Merchandising Conference 2025 successfully held in Keqiao, Shaoxing
Globenewswire· 2025-11-21 08:54
Core Viewpoint - The 8th World Textile Merchandising Conference 2025 focused on transforming international competitive pressures into collaborative opportunities within the global textile value chain, emphasizing integrated development and shared value creation among industry stakeholders [1][4]. Industry Developments - Shaoxing is enhancing its competitive edge by integrating industry, market, and technological innovation to create a modern textile ecosystem that encompasses raw material supply, manufacturing, trade, and services [2]. - The textile industry is urged to embrace technological innovation and optimize industrial layouts to enhance resilience in supply chains, aligning with the goals of the "15 Five-Year Plan" [6]. - The focus is on intelligent, green, and integrated transformation to drive high-quality development in the textile sector [6]. Innovation and Collaboration - China's textile industry is encouraged to adopt innovation-driven development, integrating technological advancements with industrial practices, and emphasizing digital-reality integration through initiatives like "AI+" [7]. - The conference highlighted the importance of international collaboration based on mutual respect, innovation, talent development, and open cooperation to address global challenges in the textile industry [12]. Key Initiatives and Launches - The conference saw the launch of several initiatives, including the "2026 World Textile Industry Trend Outlook," "Keqiao Selected" brand promotion, and the upgraded "AI Fabric 2.0" model, aimed at fostering collaborative innovation in the global textile industry [14]. - The "Cloud-Linked Global Fabric" project and the Digital New Silk Road initiative were also introduced to enhance international trade and collaboration [14]. Regional Focus - Keqiao is positioning itself as a world-class industrial base by driving value transformation through industrial, technological, and market innovations, contributing to the reshaping of the global textile value chain [9].
Anaptys Initiates Litigation Against Tesaro, a GSK Subsidiary
Globenewswire· 2025-11-21 08:50
Core Viewpoint - AnaptysBio has filed a Verified Complaint against Tesaro and GSK, alleging material breaches of their Collaboration Agreement and seeking legal remedies [1][2]. Group 1: Legal Dispute - The Complaint asserts that Tesaro breached the Collaboration Agreement by engaging in clinical trials with competing PD-1 antagonists, including Keytruda, and failed to use reasonable efforts to maximize commercial returns for Jemperli [2]. - Anaptys previously filed a complaint against GSK in 2020 for similar breaches related to GSK's clinical trial of Zejula in combination with Keytruda, which resulted in a settlement that included cash payments and increased royalties on Jemperli [3]. - Tesaro has initiated its own lawsuit against Anaptys, claiming that Anaptys has breached the Collaboration Agreement, which Anaptys contends is without merit [4]. Group 2: Collaboration Agreement Details - The Collaboration Agreement, established in March 2014, involves Tesaro developing Jemperli for various solid tumor indications [6]. - Anaptys is entitled to royalties from Jemperli sales, structured as 8% for net sales below $1 billion, 12% for sales between $1 billion and $1.5 billion, 20% for sales between $1.5 billion and $2.5 billion, and 25% for sales above $2.5 billion [7]. - A one-time $75 million commercial sales milestone is anticipated once Jemperli achieves $1 billion in worldwide net sales [7]. Group 3: Financial Implications - The royalty term under the Collaboration Agreement extends until the expiration of composition of matter coverage, which is set to expire in 2035 in the U.S. and 2036 in the EU [8]. - Anaptys estimates that Sagard will have accrued $250 million in royalties and sales milestones through the end of 2025, with full paydown of $600 million expected between Q2 2027 and Q2 2028 [9]. Group 4: Future Developments - The parties have agreed to an expedited schedule with the Delaware Chancery Court, with a trial anticipated in July 2026 [5]. - Milestone and royalty payment obligations to Anaptys will continue during the legal proceedings [5].
HQD's Brand Renewal Launch: New Identity, New Look, New Vibes, New Future — Refreshed Conversation with an Evolving Friend
Globenewswire· 2025-11-21 08:45
Core Insights - HQD has officially announced a brand renewal, marking a significant milestone in its 11-year journey as a global vape brand [2] - The brand refresh aims to align with consumer demands for premium products that evoke feelings of energy, fun, and inner peace [3] Brand Identity Transformation - HQD's new visual identity features a reimagined brand color, Brighter Orange, symbolizing vitality, curiosity, and confidence [5][6] - The refreshed slogan "Let's Fresh the Moment" reflects HQD's commitment to sharing freshness and presence with users [7] - The renewed Q symbol integrates vapor particles and airflow, representing a balance between technology and emotion [9] Digital Presence Enhancement - HQD has redesigned its official website to match its fresh and energetic vibe, featuring cleaner layouts and smoother navigation [11] Product and Experience Focus - The company continues to deliver personalized and reliable products while innovating for richer global vaping experiences [12] - HQD aims to provide vitality and gentle-healing in a fast-paced world, acting as a supportive presence for users [13]
2025 Zhengzhou Marathon: Nearly 25,000 Runners Experience the Warmth of 'Henan, Home to All'
Globenewswire· 2025-11-21 07:59
Core Insights - The 2025 Zhengzhou Marathon successfully concluded on November 16, 2025, with nearly 25,000 runners participating, showcasing the city's cultural depth and warmth [1][4]. Event Overview - The marathon is in its fifth edition and has maintained high standards and quality since its inception, serving as a medium to connect people with the city and its rich history [4]. - The event has evolved into a cultural feast and spiritual journey, highlighting the unique charm of Zhengzhou and presenting a new sports identity for Henan [4].
Chinese Tech Enterprise Huawei Makes Steady Progress in Global Consumer Electronics Market
Globenewswire· 2025-11-21 07:57
Core Insights - Huawei is launching a "Wheelchair Mode" for its active ring feature, aimed at enhancing accessibility for wheelchair users globally [1][3] - The company has achieved over 200 million cumulative global wearable shipments and ranked first in global wearable device shipments in the first half of this year [4] - Huawei's brand value has significantly increased, moving to 39th position in the 2025 Kantar BrandZ Top 100 Most Valuable Global Brands list [5] Product Innovation - The "Wheelchair Mode" will scientifically assess wheelchair users' activity by tracking wheelchair pushes, exercise duration, and calorie consumption [3] - Huawei emphasizes user-centric innovation, responding to diverse consumer expectations with products like smartphones, tablets, and wearable devices [8] Market Position - Huawei's continuous product innovation and rising market share demonstrate its ability to navigate global market challenges [5] - The company is focusing on wearable devices in the sports and health sector, with initiatives like the "Active Rings" themed activities in various global cities [9] Global Strategy - Huawei is committed to globalized innovation and industrial cooperation, collaborating with over 150 research institutions worldwide [10] - The company aims to provide comprehensive customer service, with support in over 30 languages and more than 3,000 customer service centers globally [11] Future Outlook - Huawei plans to maintain a consumer-centric approach, fostering connections with global users and local communities [12]