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Day: July 8, 2021

Subsea 7 – Conference Call Notification and Presentation

Subsea 7 agrees to combine its Renewables business unit with OHT Luxembourg – 8 July 2021  Conference call for investors The management of Subsea 7 and OHT will hold an investor conference in relation to the transaction on Thursday 8th July at 9am UK (10am CEST). Date:                          8 July 2021Time:                         09:00 UK time Dial in numbers:UK                                0844-481-9752USA                              646-741-3167Norway                         21-56-30-15International dial in:        +44-20-7192-8338 Conference ID:                9197607 Lines will open 15 minutes prior to the conference call.A live webcast and a playback facility will be available on the Subsea 7 website: www.Subsea7.com *******************************************************************************Subsea 7 is a global leader...

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Chr. Hansen Holding A/S Interim Report Q3 2020/21

July 8, 2021 Company announcement no. 9 Third quarter in line with expectations and outlook for 2020/21 unchangedQ3 2020/21 organic sales growth was 4%, equally split between volume/mix and price. The Q3 organic growth was impacted by a reduced contribution from EUR-based pricing compared to the first half, and a higher comparable, as Q3 last year was positively impacted by COVID-19 related customer inventory build-up. YTD organic growth at 8% and on track to deliver 6-8% organic growth for the year. Integration of commercial activities in UAS/HSO has been completed and integration of manufacturing is progressing with good sales momentum in Q3. Q3 EBIT margin b.s.i. of 29.3%, bringing the YTD margin to 27.3% and well on track to deliver on the outlook for the year. Profit for Q3 of EUR 682 million was positively impacted by recognized...

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32,884 Orion Corporation A shares converted into B shares

ORION CORPORATION STOCK EXCHANGE RELEASE 8 JULY 2021 at 9.00 EEST          32,884 Orion Corporation A shares converted into B shares In accordance with Section 3 of the Articles of Association of Orion Corporation, 32,884 A shares have been converted into 32,884 B shares. The conversion has been entered into the Trade Register on 8 July 2021. The total number of shares in Orion Corporation is 141,134,278 which, after the conversion, consists of 35,006,523 A shares and 106,127,755 B shares. The number of votes of the company’s shares is after the conversion 806,258,215. Orion CorporationJari Karlson CFO     Olli Huotari SVP, Corporate Functions                                                  Contact person:Tuukka Hirvonen, Investor Relations, tel. +358 10 426 2721 Publisher:Orion CorporationCommunicationsOrionintie 1A, FI-02200...

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Subsea 7 agrees to combine its Renewables business unit with OHT

Luxembourg – 8 July 2021 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced an agreement to combine its Renewables business unit(1) with OHT ASA (Oslo Børs: OHT), subject to the customary approvals, conditions and relevant employee consultations. The combined company will be renamed Seaway 7 ASA and will initially retain OHT’s listing on Oslo’s Euronext Growth market, with a view to a future listing on Oslo Børs. The transaction will create:A listed, pure-play renewables company, headquartered in Oslo and focused on offshore fixed wind A single supplier providing an enhanced range of standalone, integrated or EPCI(2) offerings encompassing installation of wind turbines, foundations, offshore substations, submarine cables and heavy transport A key player in the industry, employing around 600 people, with an active fleet...

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Verkkokauppa.com to publish the Half-year report January – June 2021 on July 16, 2021

Verkkokauppa.com Oyj PRESS RELEASE         July 8, 2021 at 8:30 Verkkokauppa.com to publish the Half-year report January – June 2021 on July 16, 2021 Verkkokauppa.com will publish the Half-year report for January – June 2021 on Friday, July 16, 2021, at approximately 8:00 a.m. Finnish time (CET +1). Verkkokauppa.com’s CEO Panu Porkka will present the report in Finnish to analysts, investors and media in a live stream on result publication day at 10:00 a.m. Finnish time. In addition, CEO Panu Porkka will present the report in English in a live stream on the same day at 11:00 a.m. Finnish time. Both events can be viewed as a live stream at www.verklive.com or https://investors.verkkokauppa.com. Questions can be presented either beforehand or during the presentation via e-mail investors@verkkokauppa.com. The presentation material will...

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Telenor Group sells Telenor Myanmar to M1 Group

Telenor Group has entered into an agreement to sell 100 percent of its mobile operations in Myanmar to M1 Group for a total consideration of 105 million USD (approximately 900 million NOK), of which 55 million USD (approximately 470 million NOK) is a deferred payment over five years. The transaction corresponds to an implied enterprise value of approximately 600 million USD (approximately 5.2 billion NOK). M1 Group will acquire all the shares in Telenor Myanmar and continue the current operation.  On 4 May, Telenor Group announced an impairment of Telenor Myanmar. Telenor underlined at the time that the operations in Myanmar continued, and that the future presence would depend on the developments in the country and the ability to contribute positively to the people of Myanmar. Further deterioration of the situation and recent developments...

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TGS Q2 2021 Earnings Update

OSLO, Norway (8 July 2021) – Based on preliminary reporting from operating units, TGS management expects net IFRS revenues* for the second quarter of 2021 to be approximately USD 65 million, compared to USD 66 million in Q2 2020. Net segment revenues* are expected to be approximately USD 54 million, compared to USD 96 million in Q2 2020. Kristian Johansen, CEO at TGS, commented: “As described in the Q1 2021 report, the market conditions for multi-client seismic data continues to be very challenging, and there are no signs of substantial improvements in the near-term. However, based on dialogue with our largest customers we remain confident that we will ultimately see a recovery of the market. Meanwhile, our asset-light business model, robust balance sheet and strong cash flow enable us to take advantage of strategic opportunities,...

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Molecular Partners Reports Continued Progress of Ensovibep Global Clinical Program; Positive in vitro Data Demonstrating Maintained Inhibition of Delta and All Other Known Variants of Concern of SARS-CoV-2

Ensovibep maintains potency in an in vitro assay and demonstrated full inhibition of all newly emerging known variants of concern, including the Delta variants of concern EMPATHY Phase 2/3 trial enrolling ambulatory patients in 5 countries with more countries to be added in the coming months, with interim data expected in H2 2021 and full topline data expected in early 2022 ACTIV-3, a Phase 3 trial enrolling hospitalized patients across 4 countries with more countries expected to be added in the coming months, with topline data expected in 2022 Subcutaneous formulation on track for initiation of clinical trials in H2 2021ZURICH-SCHLIEREN, Switzerland, July 08, 2021 (GLOBE NEWSWIRE) — Ad hoc announcement pursuant to Art. 53 LR Molecular Partners AG (SIX: MOLN; NASDAQ: MOLN), a clinical-stage biotech company developing a new...

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Hyloris Announces Launch of Maxigesic® IV, a Novel Non-Opioid Pain Treatment, in Key European Markets

Marks first European launches of Maxigesic IV, a well-tolerated and effective non-opioid pain treatment          Liège, Belgium – 8 July 2021 – Hyloris Pharmaceuticals SA (Euronext Brussels: HYL), a specialty biopharma company committed to addressing unmet medical needs through reinventing existing medications, today announces that Maxigesic IV is now available in Germany, the largest European pharmaceutical market, and Austria. Maxigesic IV is a novel, patented, non-opioid treatment for post-operative pain and is a unique combination of 1000mg paracetamol and 300mg ibuprofen solution for infusion. Hyloris’ partner AFT Pharmaceuticals works together with distribution partners with strong local presence to commercialise the product globally. Maxigesic IV is currently licensed in more than 100 countries across the globe, and it has been...

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Video Analytics Market Worth $13,001.7 Million at 21.3% CAGR; Industry Giants Such as IBM and Cisco to Ramp up Investments to Develop Advanced Data-driven Video Solutions: Fortune Business Insights™

List of the Companies Profiled in the Market: Viseum International (Potters Bar, England), AllGoVision (Karnataka, India), Huawei Technologies Co., Ltd. (Shenzhen, China), Agent VI (New York, United States), Gorilla Technology Group (Taipei, Taiwan), Cisco Systems, Inc. (California, United States), IBM Corporation (New York, United States), Kiwisecurity (Vienna, Austria), Axis Communications AB (Lund, Sweden), Robert Bosch GmbH (Stuttgart, Germany), Honeywell International Inc. (Charlotte, United States), Motorola Solutions, Inc. (Avigilon Corporation) (Illinois, United States), ULTINOUS Zrt. (Budapest, Hungary) Viseum International (Potters Bar, England), AllGoVision (Karnataka, India), Huawei Technologies Co., Ltd. (Shenzhen, China), Agent VI (New York, United States), Gorilla Technology Group (Taipei, Taiwan), Pune, India, July 08,...

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