Invalda INVL increases the amount committed to invest in INVL Private Equity Fund II to EUR 34.16 million
Globenewswire· 2025-10-15 06:45
INVL Private Equity Fund II, managed by UAB INVL Asset Management, a company wholly controlled by Invalda INVL, has completed its final close raising a total of EUR 410 million. 17 February 2025 Invalda INVL announced (you can read the notice here Invalda INVL invests in INVL Private Equity Fund II) that it had committed to invest EUR 30.83 million in INVL Private Equity Fund II. On 14 October the Management Board of the company decided to increase the amount of investment by another EUR 3.33 million. The ...
Invalda INVL Group second generation PE fund closes above hard-cap with record EUR 410 million
Globenewswire· 2025-10-15 06:45
In just 8 months from its first closing, INVL Private Equity Fund II has completed its final close raising a total of EUR 410 million, surpassing both the initial target of EUR 250 million and the hard cap of EUR 400 million. It marks the most successful private equity fundraising in CEE region in recent years, completed despite the challenging fundraising environment and global uncertainties. The second-generation INVL Private Equity Fund II, surpassed the size of its predecessor by c. 2.5x. Darius Šul ...
Hymson Acquires Germany’s Xteg to build presence in European Laser Cutting Market
Globenewswire· 2025-10-15 06:38
Core Insights - Hymson Laser Technology Group Co., Ltd. has fully acquired Xteg, a German laser cutting equipment provider, enhancing its presence in the European market [1][5] - The acquisition aims to integrate Xteg's local sales and service capabilities with Hymson's R&D and manufacturing strengths, improving competitiveness in Europe [5][10] Company Overview - Founded in 2008, Hymson has nearly 20 years of experience in laser and intelligent manufacturing services, offering specialized solutions for sheet metal applications across various industries [2] - Xteg specializes in fiber laser cutting equipment and has a strong local presence in Europe, with a core team of experts experienced in the metal sheet cutting industry [4] Strategic Goals - The acquisition is intended to influence the competitive landscape of the European laser cutting market by combining local expertise with advanced technology from China [5] - Hymson plans to introduce a product portfolio at the BlechExpo trade fair, including HyLaser, HyTube, HyTower, and HyAuto, marking the first joint presentation of the Hymson-Xteg alliance [6][10] Product Innovations - Hymson has launched the HyLaser Plus and Pro series, designed to meet customer demands for high precision, efficiency, and reliability [8] - The product lines feature the FSCUT intelligent control system and Max Photonics Elite series laser sources, addressing challenges in precision, efficiency, and stability in the European market [9] Market Engagement - The BlechExpo will serve as the first opportunity for European customers to evaluate the Hymson-Xteg partnership and its market potential [10]
Notice to holders of deeply subordinated perpetual bonds, convertible into new shares or exchangeable for existing shares of Air France-KLM (ISIN FR001400DU47) (the “HC Bonds”)
Globenewswire· 2025-10-15 06:30
Core Points - Air France-KLM has decided to exercise its option for early redemption of all outstanding deeply subordinated perpetual bonds (HC Bonds) at a price of €100,000 plus accrued interest of €1,625, payable on November 24, 2025 [3] - Holders of the HC Bonds can still exercise their entitlement to receive new and/or existing shares of Air France-KLM until November 10, 2025, with a conversion ratio of 6,549.6463 ordinary shares per HC Bond [4] Summary by Sections - **Early Redemption Announcement** - The company will redeem all outstanding HC Bonds from the First Hard Call Date at a total redemption price of €101,625 per bond [3] - **Holders' Rights** - Bondholders retain the right to convert their bonds into shares until November 10, 2025, with a specified conversion ratio [4]
Valeura Energy Inc.: Türkiye Joint Venture Agreement
Globenewswire· 2025-10-15 06:30
Core Viewpoint - Valeura Energy Inc. has entered into a joint venture with Transatlantic Petroleum LLC to explore and develop hydrocarbons in the Thrace basin of northwest Türkiye, indicating a strategic focus on the deep gas play in the region despite a broader pivot towards the Asia-Pacific market [1][2][4]. Joint Venture Details - The joint venture allows Transatlantic to earn a 50% working interest in the deep rights held by Valeura and Pinnacle through two operations, including re-entry and testing of the Devepinar-1 well [3][7]. - Transatlantic will act as the contract operator for the venture, leveraging its experience in Türkiye, while Valeura remains the operator of record with the government [6][10]. Exploration and Development Plans - Valeura has a history of successful exploration in Türkiye, holding deep rights in various licenses covering a total of 955 km in the Thrace basin, with the current exploration phase set to expire on June 27, 2026 [4][5]. - The company previously identified multiple trillion cubic feet (Tcf) of gas in place across its lands, with successful gas flow from all tested zones during earlier drilling [2][5]. Upcoming Operations - The re-entry and testing of the Devepinar-1 well are expected to commence in Q4 2025, with Transatlantic covering the initial costs up to US$2 million [11][12]. - If the results from the Devepinar-1 well indicate a commercial discovery, Transatlantic will earn a 50% interest in the working rights held by Valeura and Pinnacle [10][12]. Technical Insights - Valeura's previous drilling and testing efforts have provided valuable insights, leading to the identification of a well location that could intersect high-quality reservoirs, potentially improving flow rates and minimizing decline [13][19]. - The Hanoglu-1 well location has been permitted for drilling and may serve as a fast-track opportunity for further exploration, contingent on the results from the Devepinar-1 well [13][19].
Falcon Oil & Gas Ltd. - Beetaloo Sub-basin - Completion of the three well batch drilling 2025 campaign
Globenewswire· 2025-10-15 06:10
Core Insights - Falcon Oil & Gas Ltd has successfully completed its largest drilling program in the Beetaloo Sub-basin, consisting of three wells in the 2025 campaign [2][3] - The campaign has resulted in a total of 12,000 metres (40,000 feet) of horizontal cased sections that will undergo fracture stimulation in the coming months [3][7] - Gas sales to the Northern Territory government are expected to commence in the second half of 2026 [3][7] Company Overview - Falcon Oil & Gas Ltd is an international oil and gas company focused on the exploration and development of unconventional oil and gas assets, primarily in Australia [8] - Falcon Oil & Gas Australia Limited is a subsidiary of Falcon Oil & Gas Ltd, holding approximately 98% ownership [8] Drilling Campaign Details - The three wells drilled in the 2025 batch campaign (Shenandoah South SS2-1H, SS2-3H, and SS2-5H) each feature a horizontal section of 3,000 metres (10,000 feet) [7] - The average time to reach target depth was 26.7 days, with drilling and casing completed within the forecasted 35 days [7] - Modifications to the mud system and the use of anti-vibration drilling bits improved drilling efficiency, achieving approximately 1,000 metres drilled in a day for the SS2-1H well [7] Future Plans - A stimulation plan for up to 60 stages across the SS2-5H well is scheduled for Q4 2025, with flow testing expected to last 30 days before the well is shut-in [7] - In H1 2026, three wells, including the second well from the 2024 drilling campaign, are anticipated to be stimulated ahead of gas sales [7] - All wells in the Shenandoah South Pilot Project are projected to deliver the contracted volume of 40 million cubic feet per day (MMcf/d) under the Gas Sales Agreement with the Northern Territory Government [7]
JLT Mobile Computers’ VERSO™ Series Rugged Computers Achieve Navis Validation for Port Operations
Globenewswire· 2025-10-15 06:00
Image available: pr@jltmobile.com Växjö, Sweden, 15 October 2025 * * * JLT Mobile Computers, a leading a leading supplier and developer of rugged computers for demanding environments, today announced the successful validation of its high-performance VERSO™ Series rugged vehicle-mount terminals (VMTs) for the latest major release of the Navis N4 Terminal Operating System (TOS). This dedicated validation follows JLT’s multi-year Navis Ready subscription agreement, first announced in 2019 and extended for an ...
Publishing of Suominen’s Interim Report January–September 2025 on October 29, 2025
Globenewswire· 2025-10-15 06:00
Suominen Corporation’s press release on October 15, 2025 at 9:00 a.m. (EEST) Suominen Corporation will publish its Interim report for January 1 – September 30, 2025 on Wednesday, October 29, 2025, at approximately 9:30 a.m. (EET). Charles Héaulmé, President & CEO, and Janne Silonsaari, CFO, will present the result in English in an audiocast and a conference call for analysts, investors, and media on the same day at 11:00 a.m. (EET). The audiocast can be followed at https://suominen.events.inderes.com/q3-202 ...
Offer Update - Utilisation of over-allotment facility
Globenewswire· 2025-10-15 06:00
15 OCTOBER 2025 NORTHERN 2 VCT PLC OFFER UPDATE – UTILISATION OF OVER-ALLOTMENT FACILITY Northern 2 VCT PLC (“the Company”) in conjunction with Northern Venture Trust PLC and Northern 3 VCT PLC (together with the Company known as “the Northern VCTs”), published a prospectus (“the Prospectus”) on 17 September 2025 in relation to offers of new ordinary shares for subscription in the 2025/26 tax year (“the Offers”). Following strong demand in the Company’s shares under its offer, the Company has elected to ut ...
Q3 2025 Production Report
Globenewswire· 2025-10-15 06:00
This announcement contains inside information.Kenmare Resources plc(“Kenmare” or “the Company” or “the Group”)15 October 2025Q3 2025 Production ReportKenmare Resources plc (LSE:KMR, ISE:KMR), one of the leading global producers of titanium minerals and zircon, which operates the Moma Titanium Minerals Mine (the "Mine" or "Moma") in northern Mozambique, is pleased to provide a trading update for the quarter ending 30 September 2025 (“Q3 2025”).Statement from Tom Hickey, Managing Director:“Q3 was an important ...