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Day: April 14, 2022

Negotiations between UPM and Paperworkers’ Union interrupted, union turned down four settlement proposals

(UPM, Helsinki, 14 April 2022 at 10:15) – UPM and the Paperworkers’ Union have not been able to come to new collective labour agreements. Today, the union turned down four settlement proposals submitted by the conciliator. The exceptionally long strike at UPM Pulp, UPM Communication Papers, UPM Specialty Papers, UPM Raflatac and UPM Biofuels units in Finland continues. “We are deeply disappointed in the decision of the union and in the continuation of the strike that has already lasted 3,5 months. UPM has been negotiating with an earnest mind and made several compromises. We also accepted the conciliation proposals. Modernising the agreement stemming from 1940’s would be important both for the employees and the company,” says Jyrki Hollmén, Vice President, Labour Markets at UPM. “It is very disappointing that after intensive negotiations,...

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VINCI Highways to acquire a controlling stake in the Confederation Bridge concession in Canada

PRESS RELEASENanterre, April 14th 2022 VINCI Highways to acquire a controlling stake in the Confederation Bridge concession in CanadaVINCI Highways increases its global stake in the concession to 85% The concession contract of the Confederation Bridge runs until 2032VINCI Highways has signed an agreement with OMERS Infrastructure to acquire its 65.1% stake in Strait Crossing Development Inc (SCDI), the company owning the concession contract of the Confederation Bridge until 2032. The Confederation Bridge (12.9 km) connects since 1997 Prince Edward Island Province and New-Brunswick, spanning over the Northumberland Strait. The VINCI Group had been involved throughout the construction phase of the bridge, the world’s longest over ice-covered water. With this acquisition, VINCI Highways, a long-term shareholder of SCDI, increases...

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Publication of NIBE Industrier’s Annual Report for 2021

The Annual Report for NIBE Industrier for 2021 is now available on the website, www.nibe.com. The complete annual report is sent to all shareholders who have informed the company that they wish to receive written information.  For more information: Gerteric Lindquist, CEO and Hans Backman, CFO; +46 (0) 433-27 30 00 This press release contains information that NIBE Industrier AB (publ) is obliged to make public pursuant to the Swedish Securities Markets Act. This information was submitted by the contact persons above for publication on 14 April 2022 at 08.00 CET.    NIBE Group – a global group with companies and a presence worldwide NIBE Group is a global organisation that contributes to a lower carbon footprint and better utilisation of energy. In our three business areas – Climate Solutions, Element and Stoves – we develop, manufacture...

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Municipality Finance issues two series of EUR 15 million notes under its MTN programme

Municipality Finance PlcStock exchange release 14 April 2022 at 9:00 am (EEST) Municipality Finance issues two series of EUR 15 million notes under its MTN programme On 19 April 2022 Municipality Finance Plc issues two series of EUR 15 million notes. The maturity date in respect of both series is 19 April 2027. MuniFin has a right, but no obligation, to redeem each series of notes early on 19 April 2024. One of the series bears interest at a fixed rate of 0.98% per annum and the other series bears interest at a fixed rate of 1.03% per annum. The notes are issued under MuniFin’s EUR 40 billion programme for the issuance of debt instruments. The offering circular and the supplemental offering circular are available in English on the company’s website at www.munifin.fi/investor-relations. MuniFin has applied the notes to be admitted...

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The shares issued in Marimekko’s share issue without payment entered in the trade register

  Marimekko Corporation, Stock Exchange Release 14 April 2022 at 9.15 a.m. The shares issued in Marimekko’s share issue without payment entered in the trade register A total of 32,519,336 new shares issued in the share issue without payment (so called split) decided upon in Marimekko Corporation’s Annual General Meeting on 12 April 2022 have today been entered in the trade register. The objective of the share issue without payment is to enhance the liquidity of the company’s share. In the share issue without payment, new shares are issued to the shareholders without payment in proportion to their holdings so that four (4) new shares are issued for each share to shareholders who on the record date for the share issuance, i.e. 14 April 2022, were entered into the company’s shareholder register maintained by Euroclear Finland Ltd. In addition,...

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Sampo plc’s share buybacks 13/04/2022

SAMPO PLC                 STOCK EXCHANGE RELEASE         14/04/2022 at 08:30 am Sampo plc’s share buybacks 13/04/2022 On 13/04/2022 Sampo plc (business code 0142213-3, LEI 743700UF3RL386WIDA22) has acquired its own A shares (ISIN code FI0009003305) as follows:                Sampo plc’s share buybacks Aggregated daily volume (in number of shares) Daily weighted average price of the purchased shares* Market (MIC Code)  14,401 46.80 AQEU  25,074 46.78 CEUX  9,093 46.79 TQEX  100,454 46.80 XHELTOTAL 149,022 46.80  *rounded to two decimals                 On 30 March 2022, Sampo announced a share buyback programme of up to a maximum of EUR 250 million in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052. The programme, which started on 31 March 2022,...

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ArcelorMittal acquires majority stake in voestalpine’s state-of-the-art HBI facility in Texas

14 April 2022, 07:30 CET ArcelorMittal (‘the Company’) today announces it has signed an agreement to acquire an 80% shareholding in voestalpine’s world-class Hot Briquetted Iron (‘HBI’) plant located in Corpus Christi, Texas. voestalpine will retain the remaining 20%. The transaction values the Corpus Christi operations at $1 billion and closing is subject to customary regulatory approvals. The state-of-the-art plant, which was opened in October 2016, is one of the largest of its kind in the world. It has an annual capacity of two million tonnes of HBI, a high-quality feedstock made through the direct reduction of iron ore which is used to produce high-quality steel grades in an electric arc furnace (‘EAF’), but which can also be used in blast furnaces, resulting in lower coke consumption. HBI is a premium, compacted form of Direct Reduced...

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Interim report 2022, January – March

First quarterNet sales for the first quarter reached SEK 517 m (455), corresponding to an increase of 14%. Currency translations had a positive effect of SEK 22 m on net sales Order intake was SEK 857 m (565), corresponding to an increase of 52% Operating profit reached SEK 139 m (114), equal to a 26.9% (25.0) operating margin. Adjusted operating profit reached SEK 112 m, equal to a 21.7% adjusted operating margin Profit after taxes totalled SEK 112 m (94) and earnings per share was SEK 2.41 (1.93). Adjusted profit after taxes totalled SEK 86 m and adjusted earnings per share was SEK 1.84 Cash flow from operating activities amounted to SEK 80 m (132)Last twelve monthsNet sales for the last twelve months reached SEK 2,034 m (1,560), corresponding to a 30% increase. Currency translations had a negative effect of SEK 25 m on net sales Order...

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Proactive news headlines including Latin Resources, Emyria Ltd, Marmota Ltd and CardieX Ltd

Sydney, April 14, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:Latin Resources Ltd (ASX:LRS) has raised $35 million and is now well funded to fast track its Bananal Valley drilling program at the Salinas Lithium Project in Brazil. Click here Emyria Ltd (ASX:EMD) is expected to complete dosing today for a phase one trial of its ultra-pure cannabidiol (CBD) capsule, EMD-RX5. Click here Marmota Ltd (ASX:MEU) has delivered further high-grade gold results from its October 2021 diamond drilling program at the Aurora Tank Gold Project in South Australia. Click here CardieX Ltd (ASX:CDX)’s CONNEQT subsidiary has filed a key clearance submission for its eponymous smartphone application with the US Food and Drug Administration...

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Publicis Groupe : First Quarter 2022 Revenue/ Revenu du premier trimestre 2022

First Quarter 2022 Revenue  – Very strong start of the year April 14, 2022  ·       Q1 organic growth at +10.5%, well above expectations ·       Acceleration of Publicis Sapient at +18.5% organic growth ·       Strong organic growth in all regions: o   Continued momentum in the U.S. at +8.0%, with good performance of Epsilon o   Robust recovery in Europe at +14.9%1 fueled by France and the U.K. o   Very solid growth in Asia at +14.4% with China double-digit again this quarter ·       Significant wins in New Business, driven by strength of the model combining data, creative, media and technology ·       2022 guidance confirmed, with organic growth now at upper end of the +4 to +5% range                                                              Q1 2022   2022 Net revenue€2,800m...

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