Month: July 2021

        Paris, July 8th, 2021 Strong growth ambitions for Natixis’ business lines at the heart of the “BPCE 2024” strategic plan Groupe BPCE presents today its new strategic plan “BPCE 2024.” This business development plan is based on three strategic priorities (Winning Spirit, Customers, Climate) and three key principles (Simple, Innovative, and Secure), and incorporates strong ambitions for its core business lines: Retail Banking & Insurance and Global Financial Services. Natixis’ business lines are fully integrated within this strategic plan. Over the past ten years, Natixis has developed four business lines that are recognized for their expertise and that create value for our clients:Asset & Wealth Management: A global tier-one player, with a diversified and high-performing entrepreneurial model focused on generating value-added...

Company announcement no 7 2021  Danske Bank A/SHolmens Kanal 2 – 12DK – 1092 København KTel. +45 45 14 00 00 8 July 2021Danske Bank A/S revises 2021 net profit outlook upwards. Now expects a net profit of more than DKK 12 billion The outlook for 2021 is revised upwards to a net profit of more than DKK 12 billion. At the announcement of our 2020 financial results on 4 February this year, we initially guided for a full-year 2021 net profit in the range of DKK 9 to 11 billion. “We adjust our net profit guidance for the year based on lower–than–expected loan impairment charges – due to a faster than anticipated macroeconomic recovery – as well as higher customer activity. In addition, we expect a gain from the sale of the business activities in Luxembourg that will, however, be off-set by a number of provisions for...

Umicore and ENGIE sign a long-term PPA to supply renewable electricity to Umicore’s cathode materials plant in PolandENGIE and global materials technology group Umicore have entered into a long-term corporate Power Purchase Agreement (PPA) to supply Umicore’s greenfield plant with renewable electricity in Nysa, Poland. It will be the first plant in Europe to produce cathode materials, key ingredients of rechargeable Li-ion batteries for electric vehicles. ENGIE will provide green electricity from its existing 100%-owned wind park in Pągów, Opole province, located 80 km from Nysa. The wind park was commissioned in 2012. This is the first PPA signed by ENGIE with an industrial company in Poland. The PPA will allow ENGIE to secure the economic viability of the wind park beyond the end of the current subsidy scheme. At the same time, the...

Lund, July 8 2021 – Active Biotech (Nasdaq Stockholm: ACTI) today provided  information that its partner in the naptumomab project, NeoTX will host a key opinion leader (KOL) webinar on overcoming checkpoint inhibitor resistance on Wednesday, July 14th at 10 am eastern time (ET) The webinar will feature a presentation by KOL Mario Sznol, MD, Yale Cancer Center, who will discuss New Frontiers for Checkpoint Inhibitors in Immuno-Oncology. NeoTX’s management will also give an update on their Tumor Targeted Superantigen (TTS) platform’s lead candidate, naptumomab estafenatox (naptumomab) in overcoming resistance. Naptumomab is being evaluated in combination with chemotherapy, checkpoint inhibitors and CAR T. Dr. Sznol and NeoTX management will be available to answer questions following the formal presentations. See also neotx.com/press-releases...

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...

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...

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...