Month: November 2020

26 November 2020ICG ENTERPRISE TRUST PLCPortfolio liquidity eventsICG Enterprise Trust is pleased to announce that following the recent IPO of Telos Corporation (“Telos”) on NASDAQ that its investment in private securities of Telos has been converted to publicly tradable stock, generating a significant uplift to ICG Enterprise Trust’s net asset value. Telos is a US-based provider of cyber, cloud and enterprise security services. ICG Enterprise Trust originally invested directly in private securities of the company in 1998.At the closing valuation of Telos (NASDAQ:TLS) on 25 November 2020 of $20.06 per share, ICG Enterprise Trust estimates that the resulting uplift relative to its 31 July 2020 net asset value would be 3.0%, or 33.8p per share.ICG Enterprise Trust is also pleased to announce that Graphite Capital has reached an agreement...

Selskabsmeddelelse nr. 15/2020Grindsted, den 26. november 2020 Fusion mellem Vestjysk Bank A/S og Den Jyske Sparekasse A/SBestyrelserne i Vestjysk Bank og Den Jyske Sparekasse har i dag besluttet at søge de to institutter fusioneret. Institutterne har i den anledning underskrevet en fusionsaftale samt en fælles fusionsplan og fusionsredegørelse. Fusionen indstilles til vedtagelse på ekstraordinære generalforsamlinger i begge institutter.Den fusionerede bank vil blive Danmarks 8. største bank (målt på arbejdende kapital) og en af Danmarks største lokalt forankrede banker med en balance på DKK 38 mia. og et samlet forretningsomfang på DKK 127 mia. Formålet med fusionen er at styrke de to institutters positioner som stærke lokale banker.Som vederlag ved fusionen modtager aktionærerne i Den Jyske Sparekasse 34 aktier i Vestjysk Bank samt...

The Danish Financial Supervisory AuthorityNasdaq Copenhagen A/S 26 November 2020Merger between Vestjysk Bank A/S and Den Jyske Sparekasse A/SThe boards of directors of Vestjysk Bank and Den Jyske Sparekasse have today resolved to seek a merger of the two banks. In that connection, the banks have signed a merger agreement and a joint merger plan and merger statement. The merger is recommended for adoption at extraordinary general meetings of both banks.The merged bank will become the 8th largest bank in Denmark (in terms of working capital) and one of the largest locally anchored banks in Denmark with a balance of DKK 38bn. and a total business volume of DKK 127bn. The purpose of the merger is to strengthen the two banks’ positions as strong local banks.As consideration for the merger, the shareholders of Den Jyske Sparekasse will...

FinanstilsynetNasdaq Copenhagen A/S26. november 2020Fusion mellem Vestjysk Bank A/S og Den Jyske Sparekasse A/SBestyrelserne i Vestjysk Bank og Den Jyske Sparekasse har i dag besluttet at søge de to institutter fusioneret. Institutterne har i den anledning underskrevet en fusionsaftale samt en fælles fusionsplan og fusionsredegørelse. Fusionen indstilles til vedtagelse på ekstraordinære generalforsamlinger i begge institutter.Den fusionerede bank vil blive Danmarks 8. største bank (målt på arbejdende kapital) og en af Danmarks største lokalt forankrede banker med en balance på DKK 38 mia. og et samlet forretningsomfang på DKK 127 mia. Formålet med fusionen er at styrke de to institutters positioner som stærke lokale banker.Som vederlag ved fusionen modtager aktionærerne i Den Jyske Sparekasse 34 aktier i Vestjysk Bank samt et kontant...

Selskabsmeddelelse nr. 53/2020| 26. november 2020Danske Andelskassers Bank leverer et overskud på 61,1 mio. kr. i 3. kvartal 2020, hvilket er en tilfredsstillende udvikling. Basisindtjeningen stiger i 3. kvartal 2020 på trods af, at covid-19 har sat sit præg på aktivitetsniveauet.Resultatet for 1. – 3. kvartal 2020 lyder på 65,8 mio. kr. før skat, hvilket skyldes underskuddet i 1. kvartal 2020 som følge af negative kursreguleringer og anses for utilfredsstillende. Det er positivt, at kursreguleringerne i 2. og 3. kvartal 2020 næsten har indhentet det urealiserede kurstab i 1. kvartal.Banken har fortsat et lavt nedskrivningsniveau med 9,0 mio. kr. i 2020. Nedskrivningen på 35 mio. kr., som ledelsesmæssigt skøn relaterer sig til covid-19, er fastholdt uændret i 3. kvartal 2020. Der er endnu ikke konstateret væsentlige tab som følge...

Chrysalis VCT plcLEI: 2138009FVDWULSIOX404Suspension re. Winding Up Proposals26 November 2020Prior to a resolution to effect the commencement of the winding up of the Company (and consequently the cancellation of the listing of the Company’s shares on the Official List) that will be put to the Company’s shareholders at a general meeting of the Company to be held on 26 November 2020, trading in the Company’s shares has now been suspended at the request of the Company.For further information please contact:Grant Whitehouse                                     Company Secretary                020 7630 4333

STMicroelectronics and YTO Establish Joint Laboratoryfor Intelligent Agricultural Equipment DevelopmentChina, November 26, 2020 — STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, and YTO Group Corporation, a leading Chinese provider of agricultural and construction machinery, today announced their agreement to establish a joint laboratory in YTO’s Research Institute of Intelligence and Information in Luoyang, Henan province. The lab will focus on the research and development of electronic solutions for engine, vehicle, and agricultural controls in tractors.The rapid development of automated control technologies, together with local and global emission regulations for off-road diesel engines, are driving the penetration of electronic control systems in...

PayPoint plcResults for the half year ended 30 September 2020Financial HIGHLIGHTSProfit before tax from continuing operations of £16.8 million (2019: £20.7 million) decreased by £3.9 million, reflecting the decrease in net revenue from continuing operations and the expected impact of the British Gas contract ended in December 2019. Underlying profit before tax1 from continuing operations of £17.8 million (2019: £18.6 million) has been resilient with a 4% decrease.Profit before tax from the discontinued operation of £3.8 million (2019: £3.3 million) increased by £0.5 million (12.8%), mainly due to improved margins.Net revenue from continuing operations of £46.4 million (2019: £50.3 million) decreased by £3.9 million (7.8%); the prior period included £2.1 million net revenue from the British Gas contract now ended. Net of the expected British...