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Month: July 2022

Cloud and Metaverse Among Top Themes Driving TMT M&A Activity in Q1 2022 | GlobalData Plc

The global TMT M&A market saw 39 M&A deals in Q1 2022 with a deal size greater than $1 billion LONDON, July 13, 2022 (GLOBE NEWSWIRE) — The “Tech, Media, and Telecom (TMT) Industry Mergers and Acquisitions Deals by Top Themes in Q1 2022 – Thematic Research” report offered by GlobalData Plc analyzes the disruptive themes that have driven M&A activity in Q1 2022 in the TMT Sector. The metaverse is defined as a virtual world where users share experiences and interact in real-time within simulated scenarios. Big tech is busy developing the metaverse, which could transform how people work, shop, interact, and consume content. Companies investing in the metaverse will increasingly focus on themes, including artificial intelligence (AI), augmented reality (AR), virtual reality (VR), 5G, and cloud computing. Tech giants...

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June Quarter Results Briefing

BRISBANE, Australia, July 13, 2022 (GLOBE NEWSWIRE) — Allkem Limited (ASX|TSX: AKE) (“Allkem” or “the Company”) will release its June Quarter Activities Report on Wednesday, 20 July 2022. Managing Director and CEO, Mr. Martín Pérez de Solay and Chief Sales and Marketing Officer, Christian Barbier will conduct a live webcast briefing at 10:00 am AEST (Brisbane, Sydney, Melbourne) on the same day. To pre-register your details and join the webcast briefing, please follow the link on the homepage of Allkem’s website, www.allkem.co. Written questions may be submitted via the webcast and playback of the briefing and Q&A session will also be available on the company’s website. This release was authorised by Mr. Martin Perez de Solay, CEO and Managing Director of Allkem Limited.Allkem Limited ABN 31 112 589 910 Level 35, 71 Eagle...

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10/2022 Green Hydrogen Systems – Notification of transactions by persons discharging managerial responsibilities

Company announcement 10/2022 Green Hydrogen Systems A/S – Notification of transactions by persons discharging managerial responsibilities in Green Hydrogen Systems A/S Kolding, Denmark, 13 July 2022 – In accordance with article 19 of the Market Abuse Regulation, Green Hydrogen Systems A/S (“Green Hydrogen Systems”) hereby notifies receipt of information of the following transactions made by persons discharging managerial responsibilities in Green Hydrogen Systems and persons closely associated with them in Green Hydrogen Systems’ shares and other financial instruments linked thereto in connection with the exercise and cash settlement of warrants: 1.Details of the person discharging managerial responsibilities/person closely associateda) Name: Thyge Boserup2.Reason for the notificationa) Position/status: Member of the board of directors...

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Herceptin, Perjeta, and Kadcyla Among Leading Drugs in the HER2+ Breast Cancer Drugs Market | GlobalData Plc

Roche group’s Genentech emerged as the market leader in the HER2+ breast cancer drugs market in 2020 LONDON, July 13, 2022 (GLOBE NEWSWIRE) — The “HER2+ Breast Cancer – Global Drug Forecast and Market Analysis to 2030” report offered by GlobalData provides opportunities for various marketed agents and pipeline agents in development across the 8MM, clinical and commercial assessments for agents in late-stage clinical development, R&D strategies, and innovative approaches in development for HER2+ breast cancer. The sales of HER2+ breast cancer therapies in the 8MM were estimated at $10.4 billion in 2020 and is expected to increase at a CAGR of more than 1% during the forecast period. Global sales are dominated by the US due to its large patient population and higher cost of therapy in the country.To get comprehensive statistics...

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Maha’s Tie-5 free flows 766 BOEPD through Tie permanent facilities without pump

Maha Energy AB (publ) (“Maha” or the “Company”) is pleased to announce that the recently completed Tie-5 well is now producing through the Tie field’s permanent production facilities.  The well is naturally flowing, without the assistance of an Electrical Submersible Pump (“ESP”), 766 BOEPD1 (590 BOPD and 1,054 MSCFPD) with a stable tubing-head flowing pressure of 220 psi and less than 1% water. The corporate annual average production guidance of 4,000 – 5,000 BOEPD for 2022 remains. The Tie-5 horizontal well penetrated 240 meter of Agua Grande (AG) sand and was completed with a 4-1/2” uncemented pre-perforated liner to 2,409 m. A coil tubing unit was used to clean up and then stimulate the reservoir before blowing the well dry using nitrogen. An ESP was run in the hole on 3-1/2” tubing and the well immediately responded by flowing...

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CORRECTION: Bufab Group: Interim report January – June 2022

Bufab AB (publ) issues a correction of the press release ”Interim report January – June 2022”, published today on July 13, 2022, at 07:30 CEST. The correction refers to that the press release hade a typo in the CEO´s overview on page 2 stating organic growth at 21 percent. The correct percentage is 16 percent.   Strong second quarter in a continued challenging market Second quarter 2022Net sales increased by 57 percent to SEK 2,241 million (1,431). The organic growth was 16 percent and order intake was in line with net sales Operating profit (EBITA) increased by 26 percent to SEK 233 million (185) and the operating margin was 10.4 percent (12.9). Adjusted for remeasured additional purchase considerations of SEK -80 million (-7), operating profit (EBITA) increased by 64 percent to SEK 313 million (192), corresponding to an operating margin...

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Caledonia Mining Corporation Plc: Record Quarterly Production at Blanket Mine

ST HELIER, Jersey, July 13, 2022 (GLOBE NEWSWIRE) — Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) (NYSE AMERICAN, AIM and VFEX: CMCL) announces record gold production from the Blanket Mine in Zimbabwe (“Blanket”) for the quarter ended 30 June 2022 (“Q2 2022” or the “Quarter”). All production numbers are expressed on a 100 per cent basis and are based on the final assay at the refiners. HighlightsQuarterly gold production of 20,091 ounces, a record for any quarter 20 per cent increase in quarterly production on the 16,710 ounces produced in Q2 2021 Gold produced for the first half of 2022 was 38,606 ounces, approximately 29 per cent more than the 29,907 ounces produced in the first half of 2021 Reiterated gold production for 2022 is expected to be between...

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AMA: Notification of a patrimonial transaction

Notification of a patrimonial transaction AMA CORPORATION PLC (“AMA”) (ISIN GB00BNKGC5 – ticker ALAMA) was informed on July 12, 2022 by Messrs Claude, Michel, Yves, Gérard and Christian GUILLEMOT, founding shareholders and directors of AMA, of a patrimonial reorganization resulting in the transfer of AMA shares held by Guillemot Brothers Ltd to the company Guillemot Brothers SAS. On July 12, 2022, transfers of AMA shares representing 34.38% of the capital were made between the British holding company Guillemot Brothers Ltd and the founding shareholders Claude, Michel, Yves, Gérard and Christian Guillemot, with a view to shortly transferring these shares to the French holding company Guillemot Brothers SAS. Financial calendar2022 second-quarter revenues: July 29, 2022 (before start of trading) 2022 first-half earnings and third-quarter...

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Enefit Green production data – June 2022

Enefit Green produced 62.8 GWh electricity during June 2022 or 17.5% more than in the same period last year. The result was mainly driven by 22.4% growth in wind energy production, but growth in solar (+15.5%) and cogeneration (+6.0%) also supported production growth. June wind speeds are among the slowest in an average wind year. During June 2022 the average recorded wind speed was 5.0 m/s and 4.7 m/s in Estonian and Lithuanian wind farms respectively (compared to average recorded wind speeds of 4.8 m/s and 4.6 m/s respectively in June 2021). In Estonia there was more intra-month variation in the wind speed compared to Lithuania – a few days with considerably higher than average wind speed brought along better overall production growth. For the second quarter as a total electricity production increased by 5.7% to 270.5 GWh. In absolute...

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Orion and MSD announce global collaboration for the development and commercialisation of ODM-208, an investigational steroid synthesis inhibitor for the treatment of metastatic castration-resistant prostate cancer

ORION CORPORATION STOCK EXCHANGE RELEASE – INSIDE INFORMATION13 JULY 2022 at 9.00 EEST          Orion and MSD announce global collaboration for the development and commercialisation of ODM-208, an investigational steroid synthesis inhibitor for the treatment of metastatic castration-resistant prostate cancerOrion to receive an upfront payment of USD 290 million Agreement strengthens and complements MSD’s oncology pipelineOrion Corporation (“Orion”) and MSD (tradename of Merck & Co., Inc. Rahway NJ USA) today announced a global development and commercialisation agreement for Orion’s investigational candidate ODM-208 and other drugs targeting cytochrome P450 11A1 (CYP11A1), an enzyme important in steroid production. ODM-208 is an oral, non-steroidal inhibitor of CYP11A1 currently being evaluated in a Phase 2 clinical trial for...

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