Month: July 2021

AB “Ignitis grupė” receives ESG risk rating upgrade On 9 July 2021, AB “Ignitis grupė” (hereinafter – the Company) received a rating of AA (on a scale of CCC-AAA) in the MSCI ESG Ratings assessment. This represents an upgrade from the Company’s previous score A, which it held since 2020 and designates the Company as a leader in its industry in managing the most significant ESG risks and opportunities.  MSCI ESG Ratings assessment is based on a company’s resilience to financially material ESG risks. It evaluates a company’s exposure to, and management of, key ESG risks and opportunities. The final ESG rating is an industry-adjusted score, meaning that it is based on a company’s relative performance compared to its global industry peers.  The latest ESG rating by MSCI reflects the Company’s continuous commitment to reducing carbon dioxide...

Highlights:The inaugural drill hole GD21-001 (138 meters in length, 140°/-70°) at the Surebet Zone intersected 57.5 meters* of quartz-sulphide veins bound by two distinct and significant multi-meter-scale quartz-sulphide stockwork breccia (link to images).The 3.4 meters* upper vein contains visually estimated 10% centimeter-scale banded, clustered and disseminated sulphides, including pyrrhotite, sphalerite, galena and chalcopyrite; underlain by 8.9 meters* of strong stockwork breccia formed by 40-50% veining of similar composition to the upper vein (link to image).A Portable XRF Silver count of 20+g/t was outlined in a section of the lower vein at 85 meter downhole depth along thin fractures containing a dendritic metallic mineral (link to image).The 11.4 meters* lower vein shows similar brecciation and sulphide assemblages as...

The consolidated sales for June 2021 amounted to 12.91 million EUR – 15.3% increase comparing to June 2020. Of 12.91 million EUR, SIA “Baltic Dairy Board“ sales revenue amounted to 0,36 million Eur. The sales of the Group for period January – June 2021 amounted to 68.28 million EUR – 22.2% increase comparing to the same period last year. On 01/04/2021, AB Vilkyškių Pieninė, which belongs Vilvi Group, has completed the procurement of 70% of the qualifying holding of SIA Baltic Dairy Board.  SIA Baltic Dairy Board is a Latvian company, specialising in producing and selling high value-added dairy ingredients, and milk and whey separation. Vilija Milaseviciute Economics and finance directorPhone: +370 441 55 102

For the first half of 2021, earnings per share came to just above DKK 22. Core income went up by approx. 13%. Core expenses declined by about 7%. To a lesser extent, loan impairment charges were reversed without any reduction in the management’s estimate relating to COVID-19. Net profit was just below DKK 1.7 bn. Following favourable results for the first half of the year, the expected earnings per share in 2021 is upgraded to DKK 34-38 from DKK 31-35. The updated guidance reflects an estimated pre-tax profit of DKK 3.5 bn and net profit of DKK 2.75 bn. When the present share buy-back programme has been executed, the number of outstanding shares in circulation are estimated at approx. 70 million. Relative to this, earnings per share is expected to be in the range of DKK 35-39 in 2021. The Interim Financial Report for the first half...

Press ReleaseJuly 12, 2021 – N° 20 SCOR builds on its climate leadership by co-launching the Net-Zero Insurance Allianceand confirms phased coal withdrawal SCOR, together with seven of the world’s leading insurers and reinsurers, announces the launch of the pioneering Net-Zero Insurance Alliance (NZIA), the culmination of the founding signatories’ work with the UN Environment Program. SCOR strongly believes that the global (re)insurance industry has a leading role to play in accelerating the transition to a more resilient, net-zero emissions economy in line with the 1.5°C target of the Paris Agreement on Climate Change. As a founding signatory, the Group commits in particular to:Transitioning all operational and attributable greenhouse gas (GHG) emissions from its insurance and reinsurance underwriting portfolios to net-zero...

“Something big in the making” says the headline of the initial analytical report on Linas Agro Group conducted by investment research company Enlight Research, published today. After recently announced positive decision from The Competition Council of the Republic of Lithuania, allowing Linas Agro Group to implement the acquisition of KG Group, the report is likely to attract attention from stakeholders, as it provides a consolidated view of the soon to be biggest company on the Nasdaq Baltic Stock Exchange in terms of sales (Linas Agro Group after acquisition of KG Group). The report presents key activity segments and the sales mix of the post-acquisition Linas Agro Group, and provide insights into the expected future results and valuation of the share. The report by Enlight Research in English language is available here. As per Research...

Oslo, 12 July 2021 – DNO ASA, the Norwegian oil and gas operator, today reported the appointment of Chris Spencer as its Chief Operating Officer, effective immediately. Spencer joined the Company in 2017 and his most recent position was Deputy Managing Director. – For further information, please contact:Media: media@dno.noInvestors: investor.relations@dno.no – DNO ASA is a Norwegian oil and gas operator focused on the Middle East and the North Sea. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Netherlands, Ireland and Yemen. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Marseille, France, July 12, 2021 (GLOBE NEWSWIRE) — Pursuant to the article L. 233-8 II of the French “Code de Commerce” and the article 223-16 of the French stock-market authorities (Autorité des Marchés Financiers, or “AMF”) General Regulation, Innate Pharma SA (the “Company” – Euronext Paris: FR0010331421 – IPH; Nasdaq: IPHA) releases its total number of shares outstanding as well as its voting rights as of July 1, 2021:  Total number of shares outstanding: 79,031,980 ordinary shares  6,796 Preferred Shares 2016 7,581 Preferred Shares 2017Total number of theoretical voting rights (1): Total number of exercisable voting rights (2): 79,826,480 79,807,905  (1) The total number of theoretical voting rights (or “gross” voting rights) is used as the basis for calculating the crossing of shareholding thresholds....

MARSEILLE, France, July 12, 2021 (GLOBE NEWSWIRE) — Pursuant to the article L. 233-8 II of the French “Code de Commerce” and the article 223-16 of the French stock-market authorities (Autorité des Marchés Financiers, or “AMF”) General Regulation, Innate Pharma SA (the “Company” – Euronext Paris: FR0010331421 – IPH; Nasdaq: IPHA) releases its total number of shares outstanding as well as its voting rights as of July 1, 2021:Total number of shares outstanding: 79,031,980 ordinary shares  6,796 Preferred Shares 2016  7,581 Preferred Shares 2017Total number of theoretical voting rights (1): 79,826,480Total number of exercisable voting rights (2): 79,807,905(1) The total number of theoretical voting rights (or “gross” voting rights) is used as the basis for calculating the crossing of shareholding thresholds....