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Jotul Group - Interim financial report for the quarter ended 31 March 2025
Globenewswire· 2025-05-30 13:45
The Jøtul Group (representing Jøtul AS together with its subsidiaries; the Group) is one of the three largest suppliers of fireplaces in Europe and a significant player in North America. The company, with a history dating back to 1853 through its legacy as one of Norway’s oldest companies, distributes stand-alone stoves, inserts, frames and accessories for fireplaces. The Group’s main brands are Jøtul, Scan and Ravelli. The Jøtul fireplaces are manufactured from cast iron and appear timeless and robust, wit ...
Unaudited information of Invalda INVL group for 3 months of 2025
Globenewswire· 2025-05-30 13:30
Financial Performance - Invalda INVL reported equity of EUR 238.1 million at the end of March 2025, representing a 30.9% increase year-over-year, with a per-share value of EUR 19.82, up 30.8% from the previous year [1] - The company achieved an unaudited net profit of EUR 15.9 million in Q1 2025, which is 3.4 times higher than the EUR 4.7 million net profit recorded in the same period last year [1] Asset Management - The asset management group experienced a EUR 3 million loss for clients in Q1 2025 due to global market corrections, yet the total value of client assets under management grew by 27.9% year-over-year, exceeding EUR 1.9 billion [2] - Revenue from asset management activities reached EUR 3.9 million in Q1 2025, marking a 32.8% increase compared to the same period in 2024 [4] Strategic Developments - The successful launch of the INVL Private Equity Fund II was highlighted as a significant achievement, making it the largest fund in the Baltics [3] - The INVL Baltic Sea Growth Fund completed the sale of InMedica Group, demonstrating a successful growth strategy and returning a significant portion of capital to investors [6] Investment Activities - The INVL Renewable Energy Fund I completed an oversubscribed EUR 8 million bond issue in February 2025 [7] - The company is actively seeking investment targets for the INVL Private Equity Fund II, with expectations to finalize at least two acquisitions by the end of 2025 [6] Equity Investments - Invalda INVL's other equity investments contributed EUR 17.7 million to earnings in Q1 2025, positively influenced by strong performances from banks in which the company holds stakes [9] - Maib, Moldova's largest bank, reported a record net profit of EUR 20.1 million in Q1 2025, while Artea Bank earned EUR 17.35 million [10] Additional Insights - The agricultural business group Litagra positively impacted Invalda INVL's results with EUR 1.6 million in Q1 2025, supported by a favorable market environment [11] - The INVL Family Office expanded its client base in the Baltic region and joined an initiative to support the Vilnius Lyceum Alumni Endowment fund [8]
Siddhi Acquisition Corp Announces the Separate Trading of its Ordinary Shares and Rights, Commencing June 4, 2025
Globenewswire· 2025-05-30 13:30
Company Overview - Siddhi Acquisition Corp. is a blank check company incorporated in the Cayman Islands, aimed at effecting mergers, share exchanges, asset acquisitions, share purchases, recapitalizations, reorganizations, or similar business combinations with one or more businesses [5] IPO and Trading Information - Starting June 4, 2025, holders of units from the initial public offering can separately trade the Company's ordinary shares and rights [1] - The ordinary shares and rights will trade on The Nasdaq Global Market under the symbols "SDHI" and "SDHIR," respectively, while units that are not separated will continue to trade under the symbol "SDHIU" [2] - No fractional rights will be issued upon separation, only whole rights will be traded [2] Regulatory Information - The offering of the units was conducted via a prospectus, with copies available from Santander US Capital Markets LLC [3] - A registration statement on Form S-1 relating to these securities was filed with the SEC and declared effective on March 31, 2025 [3]
Increase of the share capital in connection with the option programme and subscription results
Globenewswire· 2025-05-30 13:30
Core Points - Coop Pank AS has decided to increase its share capital by €457,188.16 through the issuance of new ordinary shares [1][4] - The capital increase is intended to facilitate the realization of options issued under the option program approved on November 8, 2019 [2][4] - A total of 70 current and former employees subscribed for 670,900 shares, amounting to €841,979.50, which represents 100% of the issue size [3] Company Information - Coop Pank is one of the five universal banks operating in Estonia, with a client base of 214,400 individuals utilizing everyday banking services [3] - The majority shareholder of Coop Pank is Coop Eesti, a domestic retail chain with a network of 320 stores [3] - Following the capital increase, the total share capital will rise from €70,180,497.31 to €70,637,685.47, resulting in a total of 103,657,207 shares without nominal value [4] Share Issuance Details - The new shares will have a book value of €0.681455 each, with an issue price of €1.255 per share, including a share premium of €0.573545 [4] - The pre-emptive right to subscribe for the new shares is granted exclusively to the Bank's employees who are option holders, excluding existing shareholders [4] - The subscription period for the new shares is set from May 22 to May 29, 2025 [4] Trading Information - Coop Pank plans to apply for the listing and admission to trading of the new shares on the Nasdaq Tallinn Stock Exchange [4] - The estimated first trading day for the new shares will be the day following the registration of the capital increase in the commercial register [4]
PharmAla Biotech Warns Against Fake Products Claiming to be Made by PharmAla
Globenewswire· 2025-05-30 13:14
TORONTO, May 30, 2025 (GLOBE NEWSWIRE) -- PharmAla Biotech Holdings Inc. (“PharmAla” or the “Company”) (CSE: MDMA) (OTC: MDXXF), a biotechnology company focused on the research, development, and manufacturing of LaNeo™ MDMA and novel derivatives of MDMA (MDXX class molecules), has become aware of unknown parties illegally retailing a nasal spray online, falsely claiming to be a PharmAla Biotech product and unlawfully using PharmAla logos and trademarks. PharmAla is issuing this warning in order to protect c ...
Robex Announces Completion of Initial Public Offering
Globenewswire· 2025-05-30 13:13
Not for release to US wire services or distribution in the United States QUÉBEC CITY, May 30, 2025 (GLOBE NEWSWIRE) -- West African gold producer and developer Robex Resources Inc (“Robex” or the “Company”) (TSX-V: RBX) is pleased to announce that, it has successfully completed an initial public offering on the Australian Securities Exchange (the “ASX”) of 38,585,209 CHESS Depositary Interests (“CDIs”) at an issue price of A$3.11 each (~C$2.73), to raise A$120 million (before associated costs) (the “Offer”) ...
Diana Shipping Inc. Announces Results of 2025 Annual Meeting of Shareholders
GlobeNewswire News Room· 2025-05-30 13:10
ATHENS, Greece, May 30, 2025 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (the "Company"), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that the Company's Annual Meeting of Shareholders (the "Meeting") was duly held on May 28, 2025, in a virtual format only via the Internet. Broadridge Financial Solutions, Inc. acted as inspector of the Meeting. At the Meeting, each of the following proposals, which are set forth in more detail i ...
Lottery.com and Sports.com Power Triple Driver Lineup at Detroit Grand Prix
Globenewswire· 2025-05-30 13:10
Ilott, Foster, and Murray Fly the Flag for Global Brands Across IndyCar and Indy NXTDETROIT, May 30, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY, LTRYW)(“the Company” or “Lottery.com”) and Sports.com, the next-generation sports media platform, are proud to announce their continued sponsorship of three exceptionally talented drivers — Callum Ilott, Louis Foster and Sebastian Murray — as they take to the streets of Detroit this weekend in both the NTT INDYCAR SERIES and INDY NXT by Firestone. Lot ...
Meriaura Group Plc: Change in Summa Defence's Executive Management Team
Globenewswire· 2025-05-30 13:00
Meriaura Group PlcCompany Announcement 30 May 2025 at 3.00 p.m. (CEST) Change in Summa Defence's Executive Management Team Summa Defence Oy's Chief Human Resources Officer and Executive Management Team member Riitta Honkanen-Vaheri is leaving her position and moving to Italy to become Human Resources Director at the European University Institute (EUI), which is under the European Union. Hanna Korhonen has been appointed as Summa Defence's new Chief Human Resources Officer and Executive Management Team membe ...
Specific Health Guidance Service Utilizing the "Lav" Healthcare App: Surpassed 100 cumulative contracted companies and 10,000 cumulative supported individuals!
GlobeNewswire News Room· 2025-05-30 13:00
TOKYO, May 30, 2025 (GLOBE NEWSWIRE) -- MEDIROM Healthcare Technologies Inc. (NASDAQ: MRM) ("MEDIROM," "we,” “us” or “our”), a holistic healthcare company based in Japan, announces that its subsidiary, MEDIROM MOTHER Labs, Inc., has surpassed 100 cumulative contracted companies and 10,000 cumulative supported individuals in its specific health guidance service utilizing the healthcare app "Lav." This service started in 2019 and provides efficient and continuous health support utilizing information and comm ...