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Month: February 2021

SimCorp A/S – New Share buyback program

Company Announcement no. 02/2021SimCorp A/S (“SimCorp”) has today initiated a share buyback program for up to EUR 20.0m, to be executed during the period from 10 February 2021 to 31 July 2021.The buyback program is being launched in accordance with the authorization granted by the shareholders at the Annual General Meeting on 24 March 2020 to repurchase up to 10% of the SimCorp’s share capital in the period until the next annual general meeting.The buyback program will be structured and carried out in compliance with the provisions of Regulation No. 596/2014 of the European Parliament and of the Council on market abuse (the Market Abuse Regulation – MAR) and delegated legislation under MAR.SimCorp has appointed Danske Bank as lead manager of the buyback program. Under the agreement, Danske Bank will purchase shares on behalf of...

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Danish Government Borrowing and Debt 2020

Today, Danmarks Nationalbank publishes the report Danish Government Borrowing and Debt 2020. The highlights are:The government budget developed better than expected in 2020, and the balance on the central government’s account increased to kr. 137 billion at the end of 2020. The significant account buffer contributes to the central government entering 2021 with a good starting point. The Danish central government debt amounted to kr. 536 billion, equal to 23 per cent of GDP at the end of 2020.The course of the covid-19 crisis has clearly highlighted the importance of the central government having access to a broad and diversified investor base through multiple financing channels.Despite periods with market turmoil, domestic government bonds were sold at record low yields. On average, nominal government bonds were sold at a yield to...

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Statens låntagning og gæld 2020

Nationalbanken offentliggør i dag rapporten Statens låntagning og gæld 2020. Hovedbudskaberne i rapporten er:Statens finanser udviklede sig bedre end ventet i 2020, og statens konto blev opbygget til 137 mia. kr. ultimo 2020. Den betydelige kontobuffer medvirker til, at staten går ind i 2021 med et godt udgangspunkt. Den danske statsgæld udgjorde 536 mia. kr., svarende til 23 pct. af BNP ultimo 2020.Forløbet under covid-19-krisen satte en tydelig streg under vigtigheden af, at staten har adgang til en bred og diversificeret investorbase gennem flere finansieringskanaler.På trods af perioder med markedsuro blev de indenlandske statsobligationer solgt til rekordlave renter i 2020. I gennemsnit blev statens nominelle statsobligationer solgt til en effektiv rente på -0,33 pct. p.a. og en gennemsnitlig løbetid på 11,6 år. De samlede renteomkostninger...

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PCI Biotech – release of the RNA Therapeutics Virtual Conference presentation

Oslo (Norway), 10 February 2021 – PCI Biotech (OSE: PCIB), a clinical-stage biopharma company developing innovative therapeutics that address significant unmet medical needs in cancer today released the fimaNAc focused presentation for the 12th Annual RNA Therapeutics Virtual Conference, a UK based online event taking place February 10-11, 2021. The 2021 conference is set to explore the latest developments in RNA delivery agents and RNA-based therapeutics with the latest case studies on advanced mRNA technologies, oligonucleotide delivery, therapeutic applications and future trends and innovations. PCI Biotech is also a sponsor of the event.Today, Wednesday February 10 2021, at 13:10pm (CET) Dr. Anders Høgset, CSO, will present an overview of PCI Biotech’s proprietary platform technology, focusing on the delivery of RNA molecules, including...

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OP Corporate Bank plc’s Financial Statements Bulletin for 1 January–31 December 2020

OP Corporate Bank plcStock Exchange Release 10 February 2021 at 9.00 am EETFinancial Statements BulletinOP Corporate Bank plc’s Financial Statements Bulletin for 1 January–31 December 2020Consolidated earnings before tax rose to EUR 529 million (412). Net insurance income increased by 38% to EUR 555 million (402) and net interest income by 10% to EUR 325 million (295). Transferring the rest of the management of the statutory earnings-related pension insurance to Ilmarinen Mutual Pension Insurance Company at the end of 2020 lowered the Group’s and the Insurance segment’s pension costs by EUR 85 million. Excluding the effect of the pension liability transfer, total expenses increased by 1% to EUR 641 million. The consolidated earnings were decreased by a fall of 41% in investment income to EUR 228 million (384).Corporate Banking earnings...

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OP Yrityspankki Oyj:n tilinpäätöstiedote 1.1.–31.12.2020

OP Yrityspankki OyjPörssitiedote 10.2.2021 klo 09.00TilinpäätöstiedoteOP Yrityspankki Oyj:n tilinpäätöstiedote 1.1.–31.12.2020Konsernin tulos ennen veroja kasvoi 529 miljoonaan euroon (412). Vakuutuskate kasvoi 38 prosenttia 555 miljoonaan euroon (402) ja korkokate 10 prosenttia 325 miljoonaan euroon (295). Lakisääteisen työeläketurvan loppuosan siirto Keskinäinen Eläkevakuutusyhtiö Ilmariselle vuoden 2020 lopussa laski konsernin ja Vakuutus-segmentin eläkekuluja 85 miljoonaa euroa. Ilman eläkevastuun siirron vaikutusta kulut kasvoivat 1 prosentin 641 miljoonaan euroon. Konsernin tulosta heikensi sijoitustoiminnan tuottojen lasku 41 prosenttia 228 miljoonaan euroon (384).Yrityspankin tulos ennen veroja kasvoi 15 prosenttia 301 miljoonaan euroon (262). Sijoitustoiminnan nettotuotot kasvoivat 22 prosenttia 140 miljoonaan euroon (115) ja...

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OP Företagsbanken Abp:s bokslutskommuniké 1.1–31.12.2020

OP Företagsbanken AbpBörsmeddelande 10.2.2021 kl. 09.00BokslutskommunikéOP Företagsbanken Abp:s bokslutskommuniké 1.1–31.12.2020Koncernens resultat före skatt ökade till 529 miljoner euro (412). Försäkringsnettot ökade med 38 procent till 555 miljoner euro (402) och räntenettot med 10 procent till 325 miljoner euro (295). Överföringen av återstoden av det lagstadgade arbetspensionsskyddet till Ömsesidiga Pensionsförsäkringsbolaget Ilmarinen i slutet av 2020 minskade koncernens och segmentet Försäkrings pensionskostnader med 85 miljoner euro. Utan inverkan av överföringen av pensionsansvaret ökade kostnaderna med 1 procent till 641 miljoner euro. Koncernens resultat försvagades till följd av att intäkterna från placeringsverksamheten minskade med 41 procent till 228 miljoner euro (384).Segmentet Företagsbanks resultat före skatt ökade...

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OP Financial Group’s Financial Statements Bulletin for 1 January–31 December 2020: Earnings before tax EUR 785 million – net interest income and net insurance income increased in an uncertain business environment

OP Financial GroupFinancial Statements Bulletin 1 January–31 December 202010 February 2021 09.00 am EETOP Financial Group’s Financial Statements Bulletin for 1 January–31 December 2020: Earnings before tax EUR 785 million – net interest income and net insurance income increased in an uncertain business environmentEarnings before tax amounted to EUR 785 million (838).In customer business, net interest income increased by 4% to EUR 1,284 million (1,241) and net insurance income by 36% to EUR 572 million (421). Net commissions and fees totalled EUR 931 million (936).The effects of the Covid-19 pandemic on capital market developments weakened investment income, particularly in the first quarter. Investment income fell by 58% year on year, to EUR 181 million (425).Total income decreased by 3% to EUR 3,103 million (3,181).Total expenses decreased...

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