The Financial Market Supervision Committee of the Bank of Lithuania has issued a decision to publicly disclose that AB Novaturas submitted its audited annual financial statements later than required by law. It is noted that the reports were submitted on June 9, 2025. According to the Bank of Lithuania, under the Law on Consolidated Financial Reporting by Groups of Undertakings and the Law on Securities of the Republic of Lithuania, financial statements must be published and submitted to the supervisory auth ...

Core Insights - Novaturas Group has decided to expand its loan agreement with strategic investor Neset Kockar from Turkey, receiving an additional EUR 1 million loan and extending the maturity of an existing EUR 1 million loan [1][2] - The new loan agreement reflects a growing partnership between Novaturas and its investor, highlighting the benefits of this collaboration [3] Financial Details - The initial loan agreement was signed in March 2023, with a short-term loan of up to EUR 1 million, repayable by 30 June 2025, at an annual interest rate of 8.5% [2] - Following the amendments, the loan maturity has been extended to 30 June 2026, and the company will receive an additional EUR 1 million loan under the same terms [2] Company Overview - Novaturas Group is a tour operator with 25 years of experience, offering a wide range of travel destinations from the Baltic States [4] - In 2024, Novaturas recorded revenues of EUR 201 million and served 239,000 passengers across Lithuania, Latvia, and Estonia [4]

Core Viewpoint - Otis has launched a new double-deck glass elevator at the Space Needle, marking the first of three elevators to be modernized, enhancing the visitor experience and maintaining the iconic status of the landmark [1][2][3]. Company Overview - Otis is the world's leading manufacturer, installer, and service provider of elevators and escalators, moving 2.4 billion people daily and maintaining approximately 2.4 million customer units globally [8][9]. - The company has a longstanding relationship with the Space Needle, having installed the original elevators in 1962 and modernized them in 1992 [3][4]. Project Details - The modernization project includes three Otis SkyRise™ sightseeing elevators, featuring floor-to-ceiling glass windows, allowing visitors to ascend 520 feet in less than 50 seconds [2][5]. - The new elevators will accommodate up to 46 passengers each in custom-built cabs, with one remaining a single deck [5][6]. - This project is notable as it is the first in North America and only the second globally to utilize Otis' high-rise SkyMotion™ 800 machines, designed for smooth and efficient rides [6]. Renovation Context - The elevator modernization is part of the Space Needle's Century Project renovation, which began in 2017 and includes additional accessibility features [7]. - The recent $100 million renovation of the Space Needle added over 176 tons of glass and introduced The Loupe, the world's first revolving glass floor, enhancing the visitor experience [10].

AB Novaturas announces the receipt of notification regarding the disposal of the voting rights and noification regarding acquisition of the voting rights (attached). About the company Novaturas Group is the only local charter tour operator in the Baltic States with more than 25 years of experience. The company offers summer and winter recreational, sightseeing, exotic, skiing, workation and group trips to many destinations worldwide. According to unaudited data, in 2024, Novaturas Group recorded revenues of ...

Company Overview - Novaturas Group is the only local charter tour operator in the Baltic States with over 25 years of experience [2] - The company offers a variety of trips including summer and winter recreational, sightseeing, exotic, skiing, workation, and group trips to numerous destinations worldwide [2] - In 2024, Novaturas Group recorded revenues of EUR 201 million and served 239 thousand passengers in Lithuania, Latvia, and Estonia [2] Notifications - The company has announced the receipt of notifications regarding the disposal of voting rights [1]

Company Overview - Novaturas Group is a tour operator with 25 years of experience, offering a wide range of travel destinations from the Baltic States [4] - In 2024, the company recorded revenues of EUR 201 million and served 239 thousand passengers in Lithuania, Latvia, and Estonia [4] Financial Reporting Updates - The publication date of the audited financial statement for 2024 has been rescheduled to June 12, 2025, due to extended audit and internal financial report preparation processes [1] - The delay is attributed to the reconciliation of balances with overseas suppliers and adjustments to required information [1] - During the 2023 audit, management initiated a reconciliation of balances with suppliers for prior periods, which contributed to the delay [2] - The 2023 financial statements included a qualification indicating that certain data may be subject to adjustments [2] Future Financial Statements - Prior period adjustments will not affect the 2024 results, and reconciliation processes for 2024 are proceeding smoothly [3] - Management aims to ensure the quality and accuracy of the 2024 financial statements, complying with all applicable requirements [3] - The goal is to eliminate the qualification related to prior periods in future reports [3]