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Day: July 14, 2022

Uponor to publish Half-Year Financial Report on 27 July 2022

Uponor Corporation, Investor news, 14 July 2022 at 10:00 am EEST Uponor to publish Half-Year Financial Report on 27 July 2022 Uponor Corporation will publish its Half-Year Financial Report for the period January–June 2022 on Wednesday, 27 July 2022 around 8:00 am EEST. Webcast for analysts, investors, and media will be held on Wednesday, 27 July 2022, starting at 2:30 pm EEST. At the webcast, Uponor’s President and CEO Michael Rauterkus and CFO Markus Melkko will present the results. The webcast will be held in English and can be followed through the company website at uponorgroup.com, the Uponor IR app or through the webcast link: https://uponor.videosync.fi/2022-q2 The presentation material and the webcast recording will be available on the company website at https://www.uponorgroup.com/en-en/investors/reports-and-presentations/interim-reports/2022. You...

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Fluence and Nine Additional Energy Market Organisations Issue Open Letter to European Policy Makers and the Media regarding the REPowerEU Plan

An Open Letter to European Policy Makers and the Media regarding the REPowerEU Plan The signatories to the letterERLANGEN, Germany, July 14, 2022 (GLOBE NEWSWIRE) — Fluence Energy, Inc. (“Fluence”) (Nasdaq: FLNC), a leading global provider of energy storage products and services and digital applications for renewables and storage, today, along with nine other signatories, released the following open letter to European policy makers and the media regarding the REPowerEU plan and the urgent need to rethink the structure of European energy markets. Specifically, the letter outlines why Europe needs a rapid rollout of technologies to increase grid flexibility, and strong targets and policy frameworks in place to encourage the near-term adoption of these technologies. The full letter follows: An Open Letter to European Policy Makers...

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Ignitis Group secured grid connection capacity for 252 MW solar park in Lithuania

Ignitis Renewables Projektai, a subsidiary of Ignitis Renewables, which is owned by AB “Ignitis grupė” (hereinafter – the Group), on 13 July has signed a letter of intent with electricity transmission system operator Litgrid AB securing grid capacity in Jonava region, Lithuania for connection of 252 MW capacity solar park which is under development. Project’s final investment decision will be made at a later stage of the project’s development. Investments are estimated to reach up to EUR 200 million. It would be the largest greenfield investment project initiated by the Group thus far. Furthermore, in the future the Group sees an additional development potential in this location. The solar park is planned to be constructed and start generating electricity by 2025. The park should operate under market conditions. Project implementation...

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Ignitis Group secured grid connection capacity for 252 MW solar park in Lithuania

Ignitis Renewables Projektai, a subsidiary of Ignitis Renewables, which is owned by AB “Ignitis grupė” (hereinafter – the Group), on 13 July has signed a letter of intent with electricity transmission system operator Litgrid AB securing grid capacity in Jonava region, Lithuania for connection of 252 MW capacity solar park which is under development. Project’s final investment decision will be made at a later stage of the project’s development. Investments are estimated to reach up to EUR 200 million. It would be the largest greenfield investment project initiated by the Group thus far. Furthermore, in the future the Group sees an additional development potential in this location. The solar park is planned to be constructed and start generating electricity by 2025. The park should operate under market conditions. Project implementation...

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Mendus AB: Mendus Publishes Preclinical Data Demonstrating Significant Anti-Tumor Synergies of Intratumoral Immune Priming with CTLA-4 Inhibition

Intratumoral injection of allogeneic pro-inflammatory dendritic cells (“ilixadencel”) substantially and sustainably enhanced an otherwise ineffective systemic anti CTLA-4 treatment in an established in vivo cancer model Effects were shown to be T-cell-dependent and included a profound remodeling of the tumor microenvironment (TME), the formation of immune memory cells, and delivered results indicating the spread of the therapeutic effects into the periphery via the bloodstream and lymphoid organs Cured mice in the combination arm (7 out of 10) stayed tumor-free and survived for at least 70 days and sustained a subsequent tumor re-challengeMendus AB (“Mendus” publ; IMMU.ST), a biopharmaceutical company focused on improving survival outcomes for cancer patients with tumor recurrence through cell-based immunotherapies, today announced...

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Business Combination of VAALCO and TransGlobe

Creating a Diversified African-Focused E&P Business Supporting Sustainable Growth and Stockholder Returns HOUSTON and CALGARY, Alberta, July 14, 2022 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO”) and TransGlobe Energy Corporation (TSX: TGL; NASDAQ: TGA; AIM: TGL) (“TransGlobe“) (VAALCO and TransGlobe together, the “Combined Company”) announced today that they have entered into a definitive arrangement agreement (the “Arrangement Agreement”) pursuant to which VAALCO will acquire all of the outstanding common shares of TransGlobe in a stock-for-stock strategic business combination transaction valued at US$307 million (the “Transaction”). Under the terms of the Arrangement Agreement, VAALCO will acquire each TransGlobe share for 0.6727 of a VAALCO share of common stock, which represents a...

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Q2 and H1 2022 Production Report

Kenmare Resources plc (“Kenmare” or “the Company” or “the Group”) 14 July 2022 Q2 and H1 2022 Production Report 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, is pleased to provide a trading update for the quarter and half year ending 30 June 2022 (“Q2 2022” and “H1 2022”). Statement from Michael Carvill, Managing Director: “During Q2, we achieved the milestone of 10 million hours worked without a Lost Time Injury. This is a new Company record and testament to the commitment of our team at site to risk management and strong employee engagement on safety. The market for all of Kenmare’s products continued to improve, with realised ilmenite prices increasing...

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Proactive news headlines including American Rare Earths, Moho Resources, Golden Rim Resources and Duke Exploration

Sydney, July 14, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:American Rare Earths Ltd (ASX:ARR) has received promising results from exploration drilling in the Halleck Creek Rare Earth project in Wyoming, USA, with Total Rare Earth Oxides (TREO) mineralisation observed up to 7,856 ppm. Click here Moho Resources Ltd (ASX:MOH) is encouraged by the prospects for nickel sulphide at its Black Swan South Nickel Prospect within the Silver Swan North Project near Kalgoorlie, Western Australia, after completing a maiden reverse circulation (RC) drilling program. Click here Golden Rim Resources Ltd (ASX:GMR) has identified extensive additional oxide gold target areas in an auger drilling program at Beroko Prospect within...

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Sampo plc’s share buybacks 13/07/2022

SAMPO PLC                 STOCK EXCHANGE RELEASE         14/07/2022 at 08:30 am Sampo plc’s share buybacks 13/07/2022 On 13/07/2022 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)  9,040 41.19 AQEU  16,502 41.22 CEUX  8,795 41.19 TQEX  93,032 41.19 XHELTOTAL 127,369 41.19  *rounded to two decimals                 On 9 June 2022, Sampo announced a share buyback programme of up to a maximum of EUR 1 billion in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052. The programme, which started on 10 June 2022, is based...

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Interim report 2022, January – June 

Second quarterNet sales for the second quarter reached SEK 601 m (474), corresponding to an increase of 27%. Currency translations had a positive effect of SEK 30 m on net sales Order intake was SEK 815 m (606), corresponding to an increase of 35% Operating profit reached SEK 143 m (121), equal to a 23.7% (25.5) operating margin Profit after taxes totalled SEK 109 m (98) and earnings per share was SEK 2.33 (2.02) Cash flow from operating activities amounted to SEK 56 m (126) Acquisition of the remaining 30% of the shares in Procentec B.V.First six monthsNet sales for the first six months reached SEK 1,118 m (929), corresponding to a 20% increase. Currency translations had a positive effect of SEK 51 m on net sales Order intake was SEK 1,671 m (1,170), corresponding to an increase of 43% Operating profit reached SEK 282 m (235), equal...

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