Month: September 2021

Bank Norwegian ASA has on 16 September 2021 received a notice from the Norwegian FSA announcing that the updated MREL requirement to be received in 2021 will include a cap with respect to the subordination requirement calculated in accordance with BRRD2, equalling the sum of Pillar 1 x 2 + Pillar 2 x 2 + Combined Buffer requirements x 1. The linear subordination phase-in requirement will be continued. However, the starting point of the linear phase-in will be set at a minimum subordination requirement of 13.5% (on top of the minimum Pillar 1 and Pillar 2 requirements) as of 1 January 2022, which is in in accordance with BRRD article 45c (5). CET1 capital used to cover the Combined Buffer requirements is explicitly expressed to be eligible to cover the subordination requirement. Bank Norwegian ASA is expected by the Norwegian FSA to update...

HBC is delighted to announce the hiring of Dr Tanja Schaffer as Executive Vice President for HBC’s Global Ingredients division and as CEO of HBC’s new Swiss subsidiary HBC Switzerland GmbH. The setup in Switzerland is in line with HBC’s international strategy, with Switzerland being widely recognized as a major biotech and life science hub. A presence in Switzerland will benefit HBC’s partnerships with leading global players based in the country as well as enable HBC to offer talents and experienced professionals’ opportunities to engage with HBC outside of Norway. The operations of HBC Switzerland GmbH will initially deliver services to HBC related to marketing, sales and organization development, and HBC is delighted that Dr. Schaffer will assume the position of CEO and lead the build-up of the operations in HBC Switzerland...

Draper Esprit VCT plc LEI: 2138003I9Q1QPDSQ9Z97 Portfolio Update 17 September 2021   Draper Esprit VCT plc (“DE VCT”) is pleased to announce that portfolio company, Back Office Technology Ltd trading as Form3 (“Form3”), has completed a $160m Series C funding, with Draper Esprit plc, Goldman Sachs, Lloyds Banking Group, Nationwide Building Society, Barclays, Mastercard and 83North all participating in the round. Form3 is a leading platform payment technology provider.   The funding round values DE VCT’s existing shareholding in Form3 at £8.0 million, an uplift of £5.6 million compared to the previous carrying value. This particular uplift equates to an increase in DE VCT’s Net Asset Value per share (“NAV”) of 3.8p per share. The valuation of all unquoted investments in the portfolio will be reviewed for the Half Yearly Report for the six...

 –      Progression-free survival (PFS) of derazantinib monotherapy increased to eight months Basel, Switzerland, September 17, 2021 Basilea Pharmaceutica Ltd. (SIX: BSLN) announced today the reporting of the updated efficacy and safety results from cohort 1 of the phase 2 study FIDES-01, which evaluated its fibroblast growth factor receptor (FGFR) inhibitor, derazantinib, in patients with FGFR2 fusion-positive advanced or metastatic intrahepatic cholangiocarcinoma (iCCA), a type of bile duct cancer, at the Congress of the European Society for Medical Oncology (ESMO), taking place as a virtual meeting from 16 to 21 September 2021. Patients with advanced iCCA have a poor prognosis. With the current chemotherapy standard-of-care, the median overall survival is less than one year.1 Cohort 1 of FIDES-01 enrolled 103 iCCA patients with confirmed...

Ceridian partners with PwC in Mauritius to drive Enterprise-Wide Human Capital Management TransformationCeridian and PwC Mauritius announced a partnership where PwC Mauritius will provide consultation and implementation services to organisations seeking to optimise their operations through Ceridian’s award-winning HCM platform, Dayforce. [From Left to Right: Jean-Pierre Young – PwC Mauritius Advisory Leader Mauritius and Vidia Mooneegan – Managing Director of Ceridian Mauritius]Ceridian partners with PwC in Mauritius to drive Enterprise-Wide Human Capital Management TransformationA ceremony was held at the PwC Experience Centre in Moka to announce a partnership between Ceridian and PwC Mauritius. [From left to right: Devesh Bundhoo, Director Customer Support, Ceridian Mauritius; Awad Kaidoo, Head...

VANCOUVER, British Columbia, Sept. 17, 2021 (GLOBE NEWSWIRE) — Major Precious Metals Corp. (“Major Precious Metals” or the “Company”) (CSE:SIZE | OTC:SIZYF | FRANKFURT:3EZ) is pleased to announce that it has successfully completed its Phase 1 diamond drilling program at its Skaergaard Project (“Skaergaard”) in Greenland with all planned drill hole depths covering an area of approximately 10 km² within the 7.5 km (east-west) by 11 km (north-south) Skaergaard intrusion, including key new target zones in the northern part of the Project. HighlightsA total of 32 diamond drill holes (8,195 m) were completed in several key target areas in the northern part of Skaergaard. These target areas were discussed in the Company’s August 26, 2021 news release. Approximately 240 m of channel samples were also collected from four separate areas...

Press Release Nokia and Indosat Ooredoo launch 5G network in IndonesiaNokia’s latest 5G AirScale portfolio to be deployed across Indonesia’s central islands delivering incredible 5G experiences to subscribers Nokia and Indosat Ooredoo together with Sepuluh Nopember Institute of Technology (ITS) and the University of Oulu to launch the Nokia 5G Experience Center providing a platform for the development of innovative new use cases by local digital talent17 September 2021 Espoo, Finland – Nokia and Indosat Ooredoo today announced the launch of commercial 5G services in Surabaya city, Indonesia. Under the deal, Indosat Ooredoo’s customers will experience new enterprise and industrial use cases underpinned by the new 5G network. Nokia will supply equipment from its latest ReefShark based AirScale product range, including its AirScale...

– Interim results to be presented September 17 at the European Society for Medical Oncology (ESMO) Congress 2021 – – Data support the use of toripalimab with chemotherapy as first-line therapy for patients with ESCC – – Coherus and Junshi Biosciences plan to submit a BLA supplement for 1L ESCC in 2022 – SHANGHAI, China, and REDWOOD CITY, Calif., Sept. 16, 2021 (GLOBE NEWSWIRE) — Shanghai Junshi Biosciences Co., Ltd. (“Junshi Biosciences”, HKEX: 1877; SSE: 688180) and Coherus BioSciences, Inc. (“Coherus”, Nasdaq: CHRS) today announced positive interim results from the pivotal study “JUPITER-06” (NCT03829969), a randomized, double-blind, placebo-controlled Phase 3 clinical trial evaluating toripalimab in combination with chemotherapy as a first-line therapy for patients with advanced or metastatic esophageal squamous cell carcinoma...

BURNABY, British Columbia, Sept. 16, 2021 (GLOBE NEWSWIRE) — INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) announced today that the Toronto Stock Exchange (“TSX”) has accepted a notice filed by the Company of its intention to amend its normal course issuer bid (“NCIB”). The amended NCIB increases the maximum number of common shares that may be purchased by an additional 690,906 common shares, and results from a recalculation of the Company’s public float based on updated ownership information of certain insiders as of the date of the original announcement of the NCIB. The amended NCIB will allow for the purchase of up to 6,672,658 common shares during the twelve-month period that commenced on November 11, 2020 and ends on November 10, 2021, which represents 10% of the Company’s public float as at November 5, 2020....

Company Previously Announced Its 5th Solar Feasibility Study For Multi Mega Solar Farms With KMB Design Group: A Full Service Engineering Solutions Provider That Has Provided Designs And Engineering Services For Over 1,000 Projects Nationwide With Over 1,500 MW Of Solar Designed NEW YORK, NY, Sept. 16, 2021 (GLOBE NEWSWIRE) — Green Stream Holdings Inc. (OTC PINK: GSFI) (“the Company”) (https://greensolarutility.com), an emerging leader in the solar utility and finance space, today commentated on its 5th feasibility study site and 5th agreement with property owners of host sites. CEO James DiPrima said: “As technology costs have fallen and efficiencies have increased, providing more energy output per square foot, solar has become one of the primary sources of new electrical capacity installed across the United States. As...