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Day: December 9, 2022

Global Tech Industries Group, Inc. files Application for Listing on Blockchain-Powered Securities Exchange, Upstream

New York, NY, Dec. 09, 2022 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that it has completed the application process for listing its shares on Upstream, a trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”). The potential listing on Upstream is part of a larger strategy being employed by the Company to broaden its reach into the global trading and investing community, and to provide the opportunity to access an international, digital-first investor base that can trade using USDC digital currency, along with credit, debit, PayPal, and USD, potentially unlocking liquidity and enhancing price discovery. Commenting on the application process, David Reichman, Chairman...

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GWG Holdings, Inc., et al files Plan and Disclosure Statement

DALLAS, Dec. 09, 2022 (GLOBE NEWSWIRE) — On December 1, 2022 GWG Holdings, Inc. (“GWG” or the “Company”) (OTC: GWGHQ) announced that it and its fellow debtors-in-possession in the Chapter 11 cases pending at 22-90032 filed a Chapter 11 plan of reorganization (the “Plan”) and a separate disclosure statement (the “Disclosure Statement”) with the United States Bankruptcy Court for the Southern District of Texas Houston Division (the “Court”). The Plan outlines a proposed path to maximize value for the Company’s creditors and equity holders, the terms of which will continue to evolve as GWG works with its stakeholders. Accordingly, no hearing to consider approval of the Disclosure Statement in connection with the Plan has been set at this time and no votes for the Plan are being solicited. After a hearing is set, notice of such hearing...

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ING reports outcome of 2022 EU-wide Transparency Exercise

ING reports outcome of 2022 EU-wide Transparency Exercise ING Groep N.V. notes the announcements made today by the European Banking Authority and the European Central Bank (ECB) regarding the information of the 2022 EU-wide Transparency Exercise and fulfilment of the EBA Board of Supervisors’ decision. The EBA Board of Supervisors approved the package for the EU‐wide Transparency Exercise, which since 2016 is performed on an annual basis and published along with the Risk Assessment Report (RAR). The annual transparency exercise will be based solely on COREP/FINREP data on the form and scope to assure a sufficient and appropriate level of information to market participants. The outcome of the exercise related to ING Group can be found in the annexes of the EBA website. The templates were centrally filled in by the EBA and sent afterwards...

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KBC Group: KBC report on the 2022 EBA Transparency Exercise

Press Release Outside trading hours – Regulated information* Brussels, 9 December 2022 – after trading hours KBC report on the 2022 EBA Transparency Exercise KBC notes the announcements made today by the European Banking Authority (EBA) and the European Central Bank (ECB) regarding the publication of the EU-wide Transparency Exercise. The information of this 2022 EU-wide Transparency Exercise refers to the reported data as of 30 September 2021, 31 December 2021, 31 March 2022 and 30 June 2022. The templates, published on a bank-by-bank basis, are the following:Key Metrics Leverage ratio Capital Risk exposure amounts P&L Total Assets: fair value and impairment distribution Liabilities Market Risk Credit Risk General governments exposures Performing and Non-Performing exposures Forborne exposures Loans and advances to non-financial...

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Ilkka Oyj – Acquisition of own shares on 9 December 2022

ILKKA OYJ, STOCK EXCHANGE RELEASE, 9 December 2022 at 19:00 EET Ilkka Oyj – Acquisition of own shares on 9 December 2022 At Nasdaq Helsinki Ltd:Date 9 December 2022Exchange transaction BuyShare trading code ILKKA2Amount, shares  1,350Average price/share, EUR 3.6428Total cost, EUR 4,917.78The company holds a total of 5,667 of its own shares (ILKKA2) including the shares acquired on 9 December 2022. Detailed information concerning the acquisition is attached to this stock exchange release. On behalf of Ilkka Oyj DANSKE BANK A/S, FINLAND BRANCH Jonathan Nyberg        Antti Väliaho Additional information Olli Pirhonen, CEO, Ilkka Oyj, tel. +358 40 766 5418 www.ilkka.com  AttachmentIlkka buyback 9.12.2022

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LECTRA: Monthly declaration of the total number of shares and voting rights composing the company’s capital (at November 30th, 2022)

Monthly declaration of the total number of shares and voting rights composing the company’s capital (at November 30th, 2022)    This declaration is established in accordance with Article L.233-8 II of the French Code de Commerce and of Article 223-11 of the Règlement Général of the Autorité des marchés financiers (AMF). Date: November 30th, 2022 Total number of shares composing the capital: 37,788,949 Total number of voting rights, gross (1): 37,992,598 Total number of voting rights, net (2): 37,960,371         (1) In accordance with the second paragraph of article 223-11 of the Règlement Général of the AMF, the gross total of voting rights is based on the total number of shares composing the company’s capital which have voting rights, including shares deprived of their voting rights (2) The net total of voting rights is equal to...

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Form 8 (DD) – PayPoint Plc

FORM 8 (DD)   PUBLIC DEALING DISCLOSURE BY A PARTY TO AN OFFER OR PERSON ACTING IN CONCERT (INCLUDING DEALINGS FOR THE ACCOUNT OF DISCRETIONARY INVESTMENT CLIENTS) Rules 8.1, 8.2 and 8.4 of the Takeover Code (the “Code”)   1.        KEY INFORMATION  (a)        Full name of discloser: Nick Wiles(b)        Owner or controller of interests and short positions disclosed, if different from 1(a):         The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.  (c)        Name of offeror/offeree in relation to whose relevant securities this form relates:         Use a separate form for each offeror/offeree PayPoint Plc, the Offeror(d)        Status of person making the disclosure:         e.g. offeror, offeree, person acting in concert with the offeror/offeree...

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Inscape Announces Second Quarter 2023 Financial Results

HOLLAND LANDING, Ontario, Dec. 09, 2022 (GLOBE NEWSWIRE) — Inscape (TSX: INQ), a leading designer and manufacturer of furnishings and movable wall systems for the workplace, today announced its results of operations for the three and six months ended October 31, 2022. “Second quarter fiscal 2023 was disappointing as sales volumes did not achieve expected levels and certain orders were unable to be recognized within the quarter further diminishing revenue levels reported. Management is responding to these challenges appropriately,” said Eric Ehgoetz, CEO.    Hilco’s Support Agreement & Loan Agreement On October 28, 2022, Inscape entered into a support agreement (the “Support Agreement”) with HUK 121 Limited (the “Offeror”), a wholly owned subsidiary of Hilco Capital Limited UK (“Hilco”), under which the Offeror has agreed to...

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Generative AI Market to Worth $63.05 Billion by 2028 | Generative AI to Leave Biggest Impact on Drug Discovery, Material Science, and Financial Services

Global generative AI market was valued at USD 8.12 billion in 2021 and it is expected to reach at USD 63.05 billion by 2028, at a CAGR of 33.7% over the forecast period (2022-2028). Westford, USA, Dec. 09, 2022 (GLOBE NEWSWIRE) — The report on the global generative AI market predicts that by 2028, AI will contribute $15.7 trillion to the global economy, with $6.6 trillion coming from increased productivity and $9.1 trillion coming from consumer surplus. SkyQuest’s analysis shows that AI will have a particularly significant impact on the retail industry. The report notes that by 2022, 30% of all retail sales will be influenced by AI-based recommendations, and that by 2025, 50% of all retail sales will be made online using AI-based personalization engines. The report also highlights how AI is being used by businesses to create...

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Automotive Lithium-Ion Battery Market to Charge Up Valuation to $134.49 Billion by 2028 | Battery Cost to Decline from $400 Per Kilowatt-Hour (kWh) to $100/kWh by 2030

Global automotive lithium-ion battery market was valued at USD 41.97 billion in 2021, and the market size is estimated to reach USD 134.49 billion by 2028, at a CAGR of 18.10% over the forecast period (2022-2028). Westford, USA, Dec. 09, 2022 (GLOBE NEWSWIRE) — Batteries are one of the most important components in electric vehicles (EVs), and their performance has a direct impact on the range and efficiency of the vehicle. Globally, more than 6.5 million EVs are sold. Out of which, over 48% of vehicles are sold in China. Wherein, lithium-ion batteries are the technology of choice for EVs, and their performance has been steadily improving in recent years. SkyQuest has released a new report that analyzes the current state of the automotive lithium-ion battery market. The report finds that battery costs have fallen by 73% since 2010,...

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