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Year: 2022

ForFarmers N.V.: Planned joint venture between ForFarmers UK and 2Agriculture referred to Phase 2 investigation

Press release                                     Lochem, 21 December 2022                             Planned joint venture between ForFarmers UK and 2Agriculture referred to Phase 2 investigation The UK competition and markets authority (CMA) has announced on 21 December that it has concluded the initial stage of its merger review process. The CMA will refer the planned joint venture between ForFarmers UK and 2Agriculture to an in-depth merger investigation unless remedies can be agreed. The planned joint venture between ForFarmers UK and 2Agriculture was announced by ForFarmers on 1 July 2022. ForFarmers UK and 2Agriculture are considering their next steps.   This press release contains information that qualifies as inside information within the meaning of Article 7 paragraph 1 of the EU Market Abuse Regulation. Note to the editor...

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Eurocastle Releases Third Quarter 2022 Interim Management Statement

EUROCASTLE INVESTMENT LIMITED                                        Contact:        Oak Fund Services (Guernsey) LimitedCompany AdministratorAttn: Hannah CrockerTel: +44 1481 723450         Eurocastle Releases Third Quarter 2022 Interim Management Statement Guernsey, 21 December 2022 – Eurocastle Investment Limited (Euronext Amsterdam: ECT) today has released its interim management statement for the quarter ended 30 September 2022 and provides an update on the relaunch of its investment activity which was announced in July 2022 (the “Relaunch”). Q3 2022 BUSINESS HIGHLIGHTSQ3 ADJUSTED NET ASSET VALUE (“NAV”)1 of €10.2 million, or €10.26 per share2 vs. €10.16 per share at 30 June 2022. Pro Forma for the Tender Offer that closed in August, the 30 June 2022 NAV was €10.07 per share.Q3 NAV reflects the following movements:€0.24 per share,...

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EfTEN United Property Fund distributes approximately 584 000 euros to investors

EfTEN Capital AS, as the management company of the EfTEN United Property Fund (stock market ticker EFCUPFFT, ISIN code EE3500001609) decided to make a cash payment of 23,495 euro cents per unit from the fund to the unitholders. The payment constitutes 2,14% of the fund’s current NAV and 2,5% of the fund’s latest closing price. Since the listing of fund at Nasdaq Tallinn Stock Exchange in May 2022, the fund has distributed 32 euro cents per fund unit. The pay-out is based on the return of capital payment received from the fund’s investments to the EfTEN Real Estate Fund 5 and financed in connection with refinancing the Vilnius former Danske office building loan. The list of unitholders eligible for payment will be fixed as of the end of the business day of the settlement system of the securities registry (record date) on January...

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Celyad Oncology provides an update on its strategic business model, continuing to focus on opportunities to fully harness the true potential of its proprietary technology platforms and intellectual property

MONT-SAINT-GUIBERT, Belgium, Dec. 21, 2022 (GLOBE NEWSWIRE) — Celyad Oncology (Euronext & Nasdaq: CYAD) (the “Company”), a biotechnology company focused on the discovery and development of innovative technologies for chimeric antigen receptor (CAR) T-cell therapies, today provides an update on its Celyad 2.0 business strategy which has been adopted and implemented over the last few months. In keeping with this strategy, the Company intends to focus on maximizing its valuable intellectual property (IP) estate, and strengthening its research focus.The Company has compiled a foundational and broad IP estate that controls key aspects of developing therapies in the allogeneic cell therapy space. The patents around allogeneic CAR T-cell therapies and NKG2D-based therapies provide an avenue to develop intellectual property programs...

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Ensurge Receives First Order for its Production Solid-State Lithium Microbatteries

SAN JOSE, California, December 21, 2022 — Ensurge Micropower (OSE: ENSU, and OTCIQ: ENMPY), today announced it has received the first production order for 150,000 units of its rechargeable 1-100 milliampere (mAh) solid-state lithium microbattery, a customized version based on the packaged battery it has been sampling to multiple manufacturers and potential strategic partners. Ensurge expects additional orders in 2023 and beyond from this lead customer, an innovator in the digital health market. “This significant milestone validates Ensurge’s strategic value propositions and unique differentiation of our technology,” said Kevin Barber, Ensurge Chief Executive Officer. “This major milestone follows our successful sampling of both unit-cell and packaged microbattery samples to multiple manufactures and potential strategic partners....

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Multitude SE decides to further postpone relocation to Germany

Multitude SE decides to further postpone relocation to Germany Helsinki, 21 December 2022 – Multitude SE (ISIN: FI4000106299, WKN: A1W9NS) (“Multitude” or the “Group”) announces that the board of directors of Multitude has resolved to further postpone the relocation of Multitude’s registered office from Finland to Germany. The board of directors of Multitude cannot at this time give an estimate on how long the further postponement will be but notes that their firm intention still is to pursue the relocation in future. The postponement is due to continued uncertainties in applicability of certain administrative requirements to Multitude. The contemplated relocation was governed by the transfer proposal in accordance with Article 8(2) of the regulation on the statute for a European company (SE) (2001/2157/EC) approved by the board...

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WISeKey Re-affirms its 2023 Growth Forecast; Expects to Exceed FY 2022 Revenue Guidance due to Steady Demand for Semiconductors

WISeKey Re-affirms its 2023 Growth Forecast; Expects to Exceed FY 2022 Revenue Guidance due to Steady Demand for Semiconductors Projects FY 2022 revenue of over $24.5 million, an increase of more than 10% as compared to FY 2021, despite divestiture of arago GmbH Semiconductors order growth accelerates; backlog of $36 million for IoT Semiconductor products stretches into 2024 and pipeline of opportunities totals $100 million ZUG, Switzerland – December 21, 2022: Ad-Hoc announcement pursuant to Article 53 of SIX Listing Rules – WISeKey International Holding Ltd (NASDAQ: WKEY / SIX: WIHN) (“WISeKey” or the “Company”), a leading Swiss cybersecurity and IoT company re-affirmed its fiscal 2022 revenue forecasts as it reported solid 2022 revenue results of over $24.5 million, an increase of more than 10% compared to FY 2021, due to steady semiconductors...

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Vow ASA: Vow subsidiary CHE awarded multiple contracts

So far in December, Vow ASA (“Vow”) subsidiary C.H. Evensen AS (CHE), a specialist in heat treatment solutions, has been awarded five large orders for advanced technology to leading industry players. The orders have a combined value of NOK 57 million. The two larger orders, each valued at around NOK 20 million, are for a hot-dip galvanising system to an unnamed customer in Northern Ireland and an unnamed Swedish customer in metals manufacturing. The other three orders are for ThyssenKrupp in Germany, and unnamed customers in Sweden and Norway. “We are experiencing strong demand for our state-of-the-art technology from energy intensive industrial sectors, such as manufacturing and metals production. With soaring energy costs and a growing demand for low-carbon solutions, our solutions are seen as instrumental to improve cost efficiency,”...

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Proactive news headlines including St George Mining, European Lithium, Infinity Lithium Corporation and Pharmaxis Ltd

Sydney, Dec. 21, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:St George Mining Ltd (ASX:SGQ) has secured $2 million in a strategic investment from Hongkong Xinwei Electronic Co., Limited, a wholly-owned subsidiary of Sunwoda Electronic Co., Ltd – globally recognised for its industry-leading credentials in the design and manufacture of lithium-ion batteries. Click here European Lithium Ltd (ASX:EUR, OTCQB:EULIF) has marked a major milestone in the development of the Wolfsberg Lithium Project in Austria, signing the first offtake agreement for battery-grade lithium hydroxide with global automotive giant BMW through EUR’s Austrian subsidiary ECM Lithium AT GmbH. Click here Infinity Lithium Corporation Ltd (ASX:INF)...

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Terns Announces Pricing of $75 Million Public Offering

FOSTER CITY, Calif., Dec. 20, 2022 (GLOBE NEWSWIRE) — Terns Pharmaceuticals, Inc. (“Terns” or the “Company”) (Nasdaq: TERN), a clinical-stage biopharmaceutical company developing a portfolio of small-molecule product candidates to address serious diseases, including oncology, obesity and non-alcoholic steatohepatitis (NASH), today announced the pricing of its underwritten public offering of 10,350,000 shares of its common stock at a public offering price of $7.25 per share, before underwriting discounts and commissions. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Terns, are expected to be approximately $75.0 million, excluding any exercise of the underwriters’ option to purchase additional shares. In addition, Terns has granted the underwriters...

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