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ERAG Energie & Rohstoff AG Announces Acquisition of Shares of Belmont Resources Inc.
GlobeNewswire News Room· 2025-07-22 00:42
Core Viewpoint - ERAG Energie & Rohstoff AG PCC, along with HMS Bergbau AG and LaVo Verwaltungsgesellschaft MBH, has acquired a significant stake in Belmont Resources Inc. through a private placement of common shares, increasing their combined ownership to approximately 37.4% of the issuer's outstanding shares [1][3]. Group 1: Acquisition Details - On July 17, 2025, the Acquiror and its joint actors acquired a total of 26,300,000 common shares of Belmont Resources Inc. at a price of $0.045 per share, raising proceeds of $1,183,500 [1]. - The Acquiror purchased 4,000,000 common shares, HMS purchased 15,000,000 common shares, and LaVo purchased 7,300,000 common shares as part of the private placement [1]. - This private placement was the second tranche of a larger offering, with a total of 30,300,000 common shares issued by the issuer [2]. Group 2: Ownership Structure - Prior to the private placement, the Acquiror held 14,000,000 common shares, and HMS held 9,200,000 common shares, totaling 23,200,000 common shares, which represented approximately 21.8% of the issuer's outstanding shares [2]. - Following the completion of the private placement, the Acquiror now holds 18,000,000 common shares, HMS holds 24,200,000 common shares, and LaVo holds 7,300,000 common shares, leading to combined holdings of 49,500,000 common shares, or approximately 37.4% of the issuer's outstanding shares [3]. Group 3: Future Intentions - The Acquiror, HMS, and LaVo have indicated that their purchases were made for business and investment purposes, and they may adjust their ownership based on market conditions and other investment opportunities [4]. - An Early Warning Report has been filed by the Acquiror with the relevant securities regulatory authorities to disclose the transaction details [5].
WuXi AppTec Provides Updates on Q2 Share Repurchase/Acquisition Activities
Prnewswire· 2025-07-08 02:41
Core Viewpoint - WuXi AppTec is actively enhancing shareholder value through A-share repurchase and H-share acquisition programs, aimed at attracting and retaining talent while maintaining company stability [1][2][3] A-Share Repurchase and Cancellation - The company repurchased and cancelled A-shares worth RMB1.0 billion to uphold its value and protect shareholder interests [2][3] - From April 18, 2025, to June 20, 2025, WuXi AppTec acquired 15,775,377 A-shares, approximately 0.55% of total issued share capital, at an average price of RMB63.39 per share [3] - The cancellation of all repurchased A-shares was completed on June 24, 2025 [3] H-Share Acquisition - WuXi AppTec instructed the Scheme Trustee to acquire HKD2.5 billion worth of H-shares to support the 2025 H Share Award and Trust Scheme [2][3] - A total of 34,092,975 H-shares were acquired, representing approximately 1.19% of total issued share capital, with no dilution to existing shareholders [3] - The H-share acquisition aims to attract and retain top talent, enhancing management capabilities and business resilience [3] H Share Award and Trust Scheme - Under the scheme, up to HKD1.5 billion worth of H-shares will be granted if the company's 2025 revenue reaches at least RMB42.0 billion [3] - An additional HKD1.0 billion worth of H-shares will be granted if the revenue reaches at least RMB43.0 billion, totaling HKD2.5 billion [3]
Notice on the Adoption of Resolutions of the General Meeting of Hepsor AS Without Convening the Meeting
Globenewswire· 2025-06-05 10:10
Core Points - Hepsor AS plans to acquire a 20% minority shareholding in Hepsor Latvia OÜ from Hugomon OÜ, represented by Martti Krass, to align management interests with the company [1][5] - The company will pay €20,000 in cash and issue 57,821 new shares to Hugomon OÜ as part of the transaction [9] - The company’s current share capital is €3,854,701, divided into 3,854,701 ordinary shares, each granting one vote [4] Shareholder Voting Process - Shareholders must submit their votes digitally or in hard copy by June 12, 2025, at 11:59 PM Estonian time [3][15] - Voting forms must be signed digitally or submitted with a handwritten signature, and additional identification may be required for representatives [10][11] - The voting form and related documents are available on the company's website [12] Proposed Resolutions - Approval of the acquisition of the minority shareholding in Hepsor Latvia OÜ [5] - Amendment of the articles of association to facilitate the transaction [6][7] - Exclusion of pre-emptive subscription rights for existing shareholders regarding the new shares issued [7][9] Company Overview - Hepsor AS is a developer of residential and commercial real estate operating in Estonia, Latvia, and Canada [14] - The company has developed 2,076 homes and nearly 36,300 square meters of commercial space over fourteen years [14] - Hepsor is recognized for implementing innovative engineering solutions to enhance energy efficiency in its buildings [14]