Day: August 22, 2021

MANAGEMENT COMMENTARY The most difficult year in the history of the group is over. We were attacked from three fronts: from one side, corona crises, caused a situation of drastic drop in prices and demand for fish products, causing drop in gross margin and sales. Secondly, we entered the crisis with very high leverage due to recent acquisitions and were forced by banks to reduce aggressively our loan portfolio. Third, our now-ex management in Finnish unit did not want and could not react to market changes, whereby we accumulated problems there with long-term effect. Dealing with all three criseses simulteanously increased significantly our loss, as we were forced to take decisions, that would have not happened under normal circumstances. As a result of all this group’s sales decreased by 25% to 58,7 million euros ( 78,7 million euros yoy). As...

OTTAWA, Aug. 22, 2021 (GLOBE NEWSWIRE) — Leonovus Inc., (“Leonovus”) (TSXV: LTV) announces the filing of its unaudited Interim Financial Statements and Management Discussion and Analysis (“MD&A”) for the quarter ended June 30, 2021. Our MD&A contains a comprehensive discussion of Leonovus’ financial position and results of operations and is available on SEDAR at www.sedar.com. Amounts are in Canadian dollars. The Company closed a $3.44 million marketed short form prospectus offering on May 2, 2021. These funds supported hiring additional sales staff and software developers and funding new marketing and product initiatives.   “As noted in previous communications, our sales strategy focuses on the Canadian federal government (“GOC”) as the anchor set of customers. We are three years into this strategy, and the number of...

The board of directors of IDEX Biometrics ASA has resolved to issue in total 365,280 ordinary shares at average price NOK 0.93 per share to employees who have exercised incentive subscription rights. The incentive subscription rights were issued under the company’s 2019 and 2020 incentive subscription rights plans, which plans were approved by the annual general meeting on 9 May 2019 and 12 May 2020 respectively. The employees have paid the subscription amount to the company. Following the issue, the company’s share capital will be NOK 137,789,098.50 divided into 918,593,990 shares each with a nominal value of NOK 0.15. Following the exercise, there are 67,404,982 incentive subscription rights outstanding. For further information contact:Marianne Bøe, Investor RelationsE-mail: marianne.boe@idexbiometrics.comTel: + 47 918 00186 About...