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Month: August 2021

Vesting of Performance Share Units and reporting of transactions pursuant to Article 19 of the Market Abuse Regulation

Company announcement no. 06 2021/22 Allerød, 18 August 2021Vesting of Performance Share Units and reporting of transactions pursuant to Article 19 of the Market Abuse Regulation Pursuant to Matas A/S’ (Matas) Remuneration Policy, a total of 231,845 Performance Share Units (PSUs) related to the company’s long-term incentive programme (LTIP) for 2018/19 have vested effective the 22nd of June 2021. 14,359 of the PSUs vested in the form of 3,953 shares being delivered to CEO Gregers Wedell-Wedellsborg, 2,080 shares being delivered to CFO Anders T. Skole-Sørensen and 8,326 shares being delivered to the rest of the executive team, including resigned managers. The PSUs were delivered free of charge in the form of shares in Matas A/S. In addition to PSUs that were delivered as shares, 217,488 PSUs were cash settled in accordance with the terms...

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NORDEN ON TRACK FOR BEST ANNUAL RESULT IN 11 YEARS AND INCREASES GUIDANCE FOR FULL-YEAR RESULT

ANNOUNCEMENT NO. 72 – 18 AUGUST 2021 For the second quarter 2021, NORDEN reports an adjusted result of USD 32 million – the best quarterly result in six years, and is on track to deliver its best annual result in 11 years. NORDEN has capitalised on the incredibly strong dry cargo market during Q2, thanks to record-high exposure, ongoing positioning and the ability to generate margins through strong operator activity. In addition, NORDEN has benefitted from significant increases in the market value of owned and leased vessels in the Asset Management unit, rising by USD 258 million during Q2, and has actively converted part of this market value to profit through vessel sales, with USD 29 million set to positively impact H2 in sales gains based on already confirmed sales. NORDEN has positioned itself strongly to further capitalise...

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BTS Group AB (publ) Interim report 1 January – 30 June 2021

P R E S S R E L E A S E Stockholm, August 18, 2021 The result is 21 percent higher than in 2019 Second quarter 2021Net sales amounted to MSEK 480 (322). Adjusted for changes in foreign exchange rates, sales increased 64 percent. Operating profit (EBITA) increased to MSEK 82 (12). The operating margin (EBITA margin) was 17.1 percent (3.7). Profit after tax increased to MSEK 50 (1). Earnings per share increased to SEK 2.58 (0.05). Our focus is the comparison with 2019, since 2020 was an extraordinary year. Adjusted for changes in foreign exchange rates, net sales increased 11 percent. Virtual deliveries mean that there are no expenses charged to revenue. The actual growth of the operations was approximately 16 percent. Operating profit (EBITA) increased 13 percent and profit before tax increased 6 percent compared with the second quarter...

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Half-Yearly Financial Report for the six months to 30 June 2021 and interim dividend

Kenmare Resources plc (“Kenmare” or “the Company” or “the Group”) 18 August 2021          Half-Yearly Financial Report for the six months to 30 June 2021 and interim dividend Kenmare Resources plc (LSE:KMR, ISE:KMR), one of the leading global producers of titanium minerals and zircon, which operates the Moma Titanium Minerals Mine (the “Mine” or “Moma”) in northern Mozambique, today publishes its Half-Yearly Financial Report for the six month period ended 30 June 2021 (“H1 2021”) and announces its interim dividend for 2021. Statement from Michael Carvill, Managing Director: “I am delighted to see the capital investment and the hard work of our teams over the last three years generating significant increases in production and sales volumes. This is also translating into higher profitability. H1 2021 EBITDA is up...

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Matas grows across the board, upgrades guidance and launches new five-year growth strategy

Company announcement no. 05 2021/22 – INSIDE INFORMATIONAllerød, 18 August 2021 Interim report – Q1 2021/22(1 April – 30 June 2021)Matas grows across the board, upgrades guidance and launches new five-year growth strategyMatas grew revenue by 7.9% on the back of improvements in all product categories and sales channels EBITDA before special items up by 7.5% More than DKK 500 million investment in new logistics centre initiated    Guidance upgraded New five-year growth strategy launched“Matas had an excellent spring quarter. Danish consumers released their pent-up desire to shop, substituting hand sanitiser and face masks for makeup and sunscreen, in-store revenue bounced back, and online sales remained strong. Against this background, we’re upgrading our full-year guidance, and when we present our new growth strategy later today,...

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Netcompany – Interim report for the six months ended 30 June 2021

Netcompany continues to grow and lifts expectations to full year revenue growth. Company AnnouncementNo. 14/202118 August 2021 Summary  In Q2 2021, revenue grew organically by 21.2% in constant currencies to DKK 818.6m compared to the same period last year. In reported currencies revenue grew 22.4%. Adjusted EBITA grew 3.3% to DKK 166.7m corresponding to an adjusted EBITA margin of 20.2% compared to 23.9% in Q2 2020. Average number of full-time employees grew by 575, equal to an increase of 21.6% to 3,238 compared to 2,663 in Q2 2020. Free cash flow was negative DKK 10.2m, impacted by a voluntary one-off payment to the Danish Vacation Fund of DKK 96.9m due to the new Danish Holiday Act. Normalised for the payment to the Danish Vacation Fund and on account income tax payments free cash flow was DKK 47.7m. By the start of July 2021, revenue...

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Belships ASA : Report 2nd quarter 2021

STRONG MARKET – RETURNING VALUE TO SHAREHOLDERS HIGHLIGHTS Operating income of USD 140.4m (USD 28.6m)   EBITDA of USD 36.0m (USD 1.9m) including USD 14.5m from Lighthouse Navigation  Net result of USD 22.5m (USD -14.6m)  Declared dividend of USD 11.4m (NOK 0.40 per share)  Net TCE per ship of USD 18 031 per day   Entered into agreements to acquire five new Ultramax bulk carriers  Two oldest Supramax vessels sold  42 per cent of available ship days in the next four quarters are booked at about USD 22 400 net per day. 80 per cent of available days in 2022 remain open.  Modern fleet of 27 vessels with an average age of about 4 years and average cash breakeven of about USD 10 500 per dayFleet statusTime charter earnings per ship in the quarter were recorded at USD 18 031 net per day versus BSI index of USD 24 261 net per day for the same...

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BELSHIPS ASA: Key information relating to the cash dividend to be paid by Belships ASA

Oslo, 18 August 2021 Key information relating to the cash dividend to be paid by Belships ASA: Dividend amount: NOK 0.40 per share Declared currency: NOK Last day including right: 19 August 2021 Ex-date: 20 August 2021 Record date: 23 August 2021 Payment date: 3 September 2021 Date of resolution: 17 August 2021 This stock exchange announcement was published by Edwin Johansen, Accounting Manager in Belships ASA on 18 August 2021 at 07:03 CET. This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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Belships ASA: Distribution of dividend of NOK 0.40 per share

Oslo, 18 August 2021 At a board meeting on 17 August 2021, the board of directors of Belships ASA (the “Company”) resolved to distribute a dividend of NOK 0.40 per share, in total NOK 101,099,466, based on the Company’s net profit for the 2020 financial year. The decision is based on an authority granted by the Company’s general meeting on 25 May 2021.  An announcement of key information will be published separately. For further information, please contact Lars Christian Skarsgård, Belships CEO, phone +47 977 68 061 or email lcs@belships.no. This stock exchange announcement was published by Edwin Johansen, Accounting Manager in Belships ASA on 18 August 2021 at 07:02 CET. This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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PGS Releases Additional Data to Support Niger Delta Exploration

An additional 1000 sq. km of reprocessed 3D data from OPL 248 is now available. This completes the PGS Niger Delta 2020 Reprocessing package and is well-timed for a reassessment of Nigerian offshore exploration opportunities. On Monday 16 August, Nigerian President Muhammadu Buhari signed into law the much-awaited Petroleum Industry Bill (PIB), 2021, with new preferential tax provisions for deep offshore projects that encourage exploratory activities in this area.One thousand square kilometers of newly reprocessed 3D seismic data over OPL 248 is now available in the PGS MultiClient Library. This completes our West Niger Delta 2020 survey.Improved Imaging of Complex Structure Related to Shale Diapirism The West Niger Delta 2020 Reprocessed 3D survey covers blocks OPL 248, 249, 250, 2011, and OML 140, and spans two main structural provinces...

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