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Day: January 3, 2022

NIO Inc. Announces Repurchase Right Notification for 4.50% Convertible Senior Notes due 2024

SHANGHAI, China, Jan. 03, 2022 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it is notifying holders of its 4.50% Convertible Senior Notes due 2024 (CUSIP No. 62914VAB2; G6525FAA0) (the “Notes”) that pursuant to the Indenture dated as of February 4, 2019 (the “Indenture”) relating to the Notes by and between the Company and The Bank of New York Mellon, as trustee, each holder has the right, at the option of such holder, to require the Company to repurchase all of such holder’s Notes or any portion thereof that is an integral multiple of US$1,000 principal amount for cash on February 1, 2022 (the “Repurchase Right”). The Repurchase Right expires at 5:00 p.m., New York City time, on Friday, January 28, 2022. As required...

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ALSTOM SA : Alstom to provide full maintenance services for Bucharest metro fleet for the next 15 years

  Alstom to provide full maintenance services for Bucharest metro fleet for the next 15 yearsThe contract is valid until 2036 and has an estimated value of €500 million1 Alstom has been providing uninterrupted full maintenance services since 2004  increasing train availability from 56% to 99.96% Alstom has more than 50 maintenance contracts with a duration of 20 years or beyond, covering more than 35,000 vehicles worldwide                                                                                                    3 January 2022 – Alstom and Metrorex, Bucharest’s metro network operator, have signed a contract for maintenance services for a period of 15 years, following the conclusion of a public tender. The total value of the contract of €500 million, is based on an estimated number of kilometres covered by trains in circulation....

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Ahold Delhaize commences 2022 share buyback program

Zaandam, the Netherlands, January 3, 2022 – Ahold Delhaize today commences the €1 billion share buyback program announced on November 15, 2021 and expects to complete the program before the end of 2022. Maintaining a balanced approach between funding growth in key channels and returning excess liquidity to shareholders is part of Ahold Delhaize’s financial framework to support its Leading Together strategy. The purpose of the program is to reduce the capital of Ahold Delhaize, by cancelling all or part of the common shares acquired through the program. The program will be executed within the limits of relevant laws and regulations, the existing authority granted at Ahold Delhaize’s 2021 annual general meeting of shareholders on April 14, 2021 and the authority (if granted) by the annual general meeting on April 13, 2022. The share buyback...

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TGS and WesternGeco Announce Engagement Phase 2 in the U.S. Gulf of Mexico

OSLO, Norway (3 January 2022) – TGS, a global provider of energy data and intelligence, in a strategic collaboration with WesternGeco®, the geophysical services product line of Schlumberger, today announced the continuation of their ultra-long offset ocean-bottom node (OBN) acquisition in Green Canyon, U.S. Gulf of Mexico. Data processing and imaging are by WesternGeco. The 168 OCS block survey began in August 2021 and is expected to be completed during the first quarter of 2022. Key to this project is the uplift these data bring to full-waveform inversion (FWI) velocity model building. The results from this data processing are expected in mid-2022. This project is supported by industry funding and extends the Engagement Phase 1 survey acquired to the north in 2020. Kristian Johansen, CEO at TGS, commented: “Starting with Amendment...

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ObsEva to Present at the H.C. Wainwright BioConnect 2022 Conference

GENEVA, Switzerland January 3, 2022 – ObsEva SA (NASDAQ: OBSV; SIX: OBSN), a biopharmaceutical company developing and commercializing novel therapies to improve women’s reproductive health, today announced that Company Management will provide a corporate update at the upcoming H.C. Wainwright BioConnect Conference, to be held January 10-13, 2022. The presentation will be available on-demand through the H.C. Wainwright conference portal, starting at 7 a.m. EST on Monday, January 10, 2022. A webcast can be accessed here and will also be accessible under “Events Calendar” in the investors section of ObsEva’s website, starting Friday, January 14, 2022.   About ObsEvaObsEva is a biopharmaceutical company developing and commercializing novel therapies to improve women’s reproductive health and pregnancy. Through strategic in-licensing and disciplined...

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argenx to Present at 40th Annual J.P. Morgan Healthcare Conference

January 3, 2022 Breda, the Netherlands – argenx (Euronext & Nasdaq: ARGX), a global immunology company committed to improving the lives of people suffering from severe autoimmune diseases, today announced that Tim Van Hauwermeiren, Chief Executive Officer, will present at the 40th Annual J.P. Morgan Healthcare Conference on Monday, January 10, 2022 at 7:30 a.m. ET. A live webcast of the presentation may be accessed on the Investors section of the argenx website at argenx.com/investors. A replay of the webcast will be available on the argenx website for approximately 30 days following the presentation. About argenxargenx is a global immunology company committed to improving the lives of people suffering from severe autoimmune diseases. Partnering with leading academic researchers through its Immunology Innovation Program (IIP), argenx...

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Telenor: 5 tech trends that will fuel the green transition of society in 2022

  (Fornebu, 3 January 2022) As the climate change alarm bells get louder, technology and digitalisation will come to our aid in 2022, predicts Telenor Research in its latest Tech Trends report. Green clouds, a battle for optimisation, and climate enlightenment through digital micro degrees and greenfluencers are some of the trends that will deliver a more sustainable future. 2021 is yet another year of extreme weather events and record-breaking temperatures. These underline the challenges humans, wildlife, and nature come face to face with a changing climate. Yet, despite the gloomy outlook, technological advancements and an accelerating digitalisation of society give reasons for hope. “People everywhere are waking up to the need to act on climate change and environmental degradation. For us in Telenor, it is key to understand how technology...

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