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HAFNIA LIMITED: Fulfilment of All Conditions Precedent for the Acquisition of 13.97% of TORM
Businesswire· 2025-12-18 07:59
Core Viewpoint - Hafnia Limited has successfully met all conditions for acquiring approximately 14.1 million A-shares in TORM plc, representing about 13.97% of TORM's issued share capital following TORM's recent capital increase [1][2]. Group 1: Acquisition Details - Hafnia's acquisition of approximately 14.1 million A-shares from Oaktree Capital Management has been confirmed, with completion expected shortly [1][2]. - Following TORM's announcement of an increase in issued share capital by 3,380,278 new A-shares, Hafnia's stake will now represent approximately 13.97% of TORM's total issued share capital [2]. Group 2: Company Overview - Hafnia is a leading tanker owner, specializing in the transportation of oil, oil products, and chemicals for major oil and chemical companies [2]. - The company operates around 200 vessels and provides a fully integrated shipping platform, including technical management and commercial services [3]. - Hafnia is part of the BW Group, which has over 80 years of experience in oil and gas transportation and related services [4].
Galantas Gold Announces C$13.5 Million Upsized Financing and Provides Update on Acquisition of RDL Mining Corp.
Globenewswire· 2025-11-21 22:45
Core Viewpoint - Galantas Gold Corporation has announced an increase in its private placement offering to raise up to C$13.5 million due to strong investor demand, with an additional over-allotment option of C$2.025 million available for the agents involved in the offering [1][3]. Offering Details - The offering consists of 168,750,000 units priced at C$0.08 each, with each unit comprising one common share and one warrant [1][2]. - Each warrant allows the holder to purchase one common share at C$0.12 for 36 months post-closing [2]. - The agents will receive a cash commission of 7.0% on the gross proceeds, with a reduced rate of 3.0% for certain purchasers on a designated list [3]. Use of Proceeds - Net proceeds from the offering will be allocated to exploration work on the Indiana Project, option payments related to the project, and general corporate and working capital purposes [5]. Transaction with RDL Mining - The company is progressing with the acquisition of RDL Mining Corp., where RDL shareholders will receive approximately 132 million common shares, representing 49.99% of the outstanding shares post-transaction [9][10]. - The total consideration for the transaction is valued at approximately C$10.6 million, with additional terms including a 0.66% net smelter returns royalty payable by Galantas [10][11]. Financial Overview of RDL Mining - As of September 30, 2025, RDL Mining reported total assets of C$189,425 and total liabilities of C$223,658, resulting in total equity of C$(34,233) [12]. - RDL incurred a net loss of C$(34,263) from its incorporation until September 30, 2025 [12]. Future Management Structure - Post-transaction, the board of directors of Galantas will expand to include members from RDL, enhancing the company's operational expertise [12]. Indiana Project Details - The Indiana Project involves an option agreement requiring total payments of US$15 million over five years, with specific payment milestones outlined [13]. - A copper stream agreement has been established, providing upfront payment and a fixed percentage of copper produced from the Indiana Project [13].
Verkkokauppa.com Oyj: Acquisition of own shares on 17 November 2025
Globenewswire· 2025-11-17 17:00
Group 1 - Verkkokauppa.com Oyj acquired 16,153 shares at an average price of EUR 3.9426, totaling EUR 63,684.82 on 17 November 2025 [1] - After the acquisition, Verkkokauppa.com Oyj holds a total of 281,629 treasury shares [1] - The company is listed on the Nasdaq Helsinki stock exchange and has been operational since its founding in 1992 [3] Group 2 - In 2024, Verkkokauppa.com reported a revenue of EUR 468 million and employs around 600 people [3] - The company is recognized as an e-commerce pioneer in Finland, focusing on customer satisfaction and fast delivery services [2] - Verkkokauppa.com offers one-hour deliveries to over 1.7 million customers, aiming to provide competitive pricing and a wide assortment of products [2]
Verkkokauppa.com Oyj: Acquisition of own shares on 14 November 2025
Globenewswire· 2025-11-14 17:00
Group 1 - Verkkokauppa.com Oyj acquired 16,740 shares on 14 November 2025 at an average price of EUR 3.9348 per share, totaling EUR 65,868.55 [1] - After the acquisition, Verkkokauppa.com Oyj holds a total of 265,476 treasury shares [1] - The company is listed on the Nasdaq Helsinki stock exchange and was founded in 1992, being an e-commerce pioneer in Finland [3] Group 2 - In 2024, Verkkokauppa.com reported a revenue of EUR 468 million and employs around 600 people [3] - The company offers one-hour deliveries to over 1.7 million customers, emphasizing customer convenience and competitive pricing [2]
Verkkokauppa.com Oyj: Acquisition of own shares on 11 November 2025
Globenewswire· 2025-11-11 17:00
Group 1 - Verkkokauppa.com Oyj acquired 17,400 shares at an average price of EUR 3.9908, totaling EUR 69,439.92 on 11 November 2025 [1] - After the acquisition, Verkkokauppa.com Oyj holds a total of 215,867 treasury shares [1] Group 2 - Verkkokauppa.com is an e-commerce pioneer in Finland, known for its fast deliveries and customer-centric approach, serving over 1.7 million customers [2] - The company was founded in 1992 and has been operating online since its inception, with a revenue of EUR 468 million in 2024 and approximately 600 employees [3]
Verkkokauppa.com Oyj: Acquisition of own shares on 7 November 2025
Globenewswire· 2025-11-07 17:00
Group 1 - Verkkokauppa.com Oyj acquired 15,148 shares on 7 November 2025 at an average price of EUR 3.8179 per share, totaling EUR 57,833.55 [1] - After the acquisition, Verkkokauppa.com Oyj holds a total of 183,053 treasury shares [1] Group 2 - Verkkokauppa.com is an e-commerce pioneer in Finland, known for its fast deliveries and customer-centric approach, serving over 1.7 million customers [2] - The company was founded in 1992 and has been operating online since its inception, generating revenue of EUR 468 million in 2024 and employing around 600 people [3]
Verkkokauppa.com Oyj: Acquisition of own shares on 31 October 2025
Globenewswire· 2025-10-31 17:00
Group 1 - Verkkokauppa.com Oyj acquired 15,700 shares at an average price of EUR 3.9741, totaling EUR 62,393.37 on 31 October 2025 [1] - After the acquisition, Verkkokauppa.com Oyj holds a total of 106,591 treasury shares [1] Group 2 - Verkkokauppa.com is an e-commerce pioneer in Finland, known for its fast deliveries and customer-centric approach, serving over 1.7 million customers [2] - The company was founded in 1992 and has been operating online since its inception, generating revenue of EUR 468 million in 2024 and employing around 600 people [3]
Verkkokauppa.com Oyj: Acquisition of own shares on 29 October 2025
Globenewswire· 2025-10-29 17:00
Group 1 - Verkkokauppa.com Oyj acquired 13,546 shares at an average price of EUR 4.0050, totaling EUR 54,251.73 on 29 October 2025 [1] - After the acquisition, Verkkokauppa.com Oyj holds a total of 75,991 treasury shares [1] - The company is an e-commerce pioneer in Finland, known for its fast deliveries and customer-centric approach [2] Group 2 - Founded in 1992, Verkkokauppa.com has been operating online since its inception [3] - The company's revenue for 2024 was EUR 468 million, and it employs around 600 people [3] - Verkkokauppa.com is listed on the Nasdaq Helsinki stock exchange [3]
LHV Group's own share acquisition transactions
Globenewswire· 2025-05-16 13:30
Group 1 - LHV Group announced the acquisition of its own shares on the Nasdaq Tallinn Stock Exchange on May 13, 2025, with an aggregated volume of 19,627 shares at a weighted average price of EUR 3.565197 per share [1] - The share acquisition is based on a resolution from the general meeting of shareholders held on March 26, 2025, and follows conditions set by the Supervisory Board [1] - The authorized agent for the transactions is AS LHV Pank, and summary data of the acquisitions will be disclosed no later than the seventh trading day after the transaction [1] Group 2 - LHV Group is the largest domestic financial group and capital provider in Estonia, with key subsidiaries including LHV Pank, LHV Varahaldus, LHV Kindlustus, and LHV Bank Limited [2] - As of the end of April, LHV's banking services are utilized by 468,000 clients, with 113,000 active clients in pension funds managed by LHV, and LHV Kindlustus providing protection to 176,000 clients [2] - LHV Bank Limited holds a banking license in the United Kingdom and offers banking services to international financial technology companies, as well as loans to small and medium-sized enterprises [2]
Resolutions of the General Ordinary Shareholders Meeting of INVL Technology
Globenewswire· 2025-04-30 06:59
Core Points - The General Ordinary Shareholders Meeting of INVL Technology was held on April 30, 2025, where various reports and resolutions were presented and approved, including the annual management report for 2024 and the independent auditor's report [1][2][15] - The company reported a net profit of EUR 8.09 million for 2024, which is a 56.6% increase compared to 2023, and its equity and net asset value reached EUR 51.43 million, an 18.2% increase year-over-year [16] - The shareholders authorized the acquisition of up to 10% of the company's authorized capital within 18 months, with a maximum purchase price based on the last published net asset value per share and a minimum price of EUR 0.29 [17][18] Financial Reports - The annual management report for 2024 was presented, detailing the company's performance and financial standing [1] - The independent auditor's report on the financial statements and annual management report was also presented, confirming the accuracy of the financial data [2] Profit Distribution - The profit distribution for the company was outlined, with a total distributable profit of EUR 29.762 million at the end of the financial year [6] - The company did not allocate any profit for dividends or other distributions in this meeting [6] Share Buyback and Capital Management - The management was authorized to use reserves for the purchase of its own shares, with specific conditions for the cancellation of shares exceeding a certain threshold [8][12] - The aim of the share buyback is to fulfill obligations related to stock option programs and to potentially reduce the authorized capital [18] Audit Committee - The shareholders elected three members to the Audit Committee for a new four-year term, ensuring continuity in oversight [11][18] - The hourly remuneration for Audit Committee members was set at EUR 200 before taxes [13] Company Overview - INVL Technology is an investment company focused on IT businesses, including cybersecurity and fintech sectors [19] - The company is managed by INVL Asset Management and is required to exit its investments by mid-July 2026 [20]