Month: March 2023
Delivering Revenue and Profits Through Acquisition of Stratasys and/or Other Companies Compared To Other Alternatives
Waltham, Mass., March 16, 2023 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension”, “NANO” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, released a video in which Yoav Stern, Chairman and Chief Executive Officer of the Company, shares how Nano Dimension thinks about delivering revenue and profit to shareholders through Buy (M&A) vs. Build (R&D) Strategies specifically about potentially buying Stratasys Ltd. (“Stratasys”) and/or other companies versus allocating capital for internal development R&D, Go-To-Market, Channel development, Marketing, Operations...
ALSTOM SA: Alstom signs a seven-year operations and maintenance services contract with Newark Liberty International Airport
Written by Customer Service on . Posted in Public Companies.
Alstom signs a seven-year operations and maintenance services contract with Newark Liberty International AirportThe contract is valued at approximately €250 million
Alstom will be responsible for 24-hour train operations, maintenance of the vehicle fleet and associated systems
This contract builds on more than 25 years of collaboration between Alstom and the Port Authority of New York and New Jersey and Newark Liberty International Airport16 March 2023 – Alstom, global leader in smart and sustainable mobility, has signed a contract with the Port Authority of New York and New Jersey and Newark Liberty International Airport to provide operations and maintenance services for its Innovia monorail system, known as AirTrain Newark, for the next 7 years, until January 2030. The contract is valued at approximately €250 million and includes...
Annual general meeting of Danske Bank 2023
Written by Customer Service on . Posted in Public Companies.
Company announcement no 2 2023
Danske Bank A/SHolmens Kanal 2 – 12DK – 1092 København KTel. +45 45 14 00 00
16 March 2023At the annual general meeting of Danske Bank on Thursday, 16 March 2023, the general meetingadopted the Annual Report 2022 and the proposal for cover of loss according to the adopted Annual Report 2022,
approved the Board of Directors’ proposed Remuneration Report 2022 by advisory vote,
re-elected Martin Blessing, Jan Thorsgaard Nielsen, Lars-Erik Brenøe, Jacob Dahl, Raija-Leena Hankonen-Nybom, Allan Polack, Carol Sergeant and Helle Valentin to the Board of Directors,
re-appointed Deloitte Statsautoriseret Revisionspartnerselskab as external auditor,
adopted the Board of Directors’ proposals to amend the Articles of Association for:extension by one year of the existing authorisation in articles 6.5.b...
Stellantis Announces Launch of the First Tranche
Written by Customer Service on . Posted in Public Companies.
Stellantis Announces Launch of the First Tranche of Its Share Buyback Program
AMSTERDAM, March 16, 2023 – Stellantis N.V. (“Stellantis” or the “Company”) announced today that pursuant to its Share Buyback Program (the “Program”) announced on February 22, 2023, covering up to €1.5 billion (total purchase price excluding ancillary costs) to be executed in the open market with the intent to cancel the common shares acquired through the Program, Stellantis has signed a share buyback agreement with an independent investment firm that makes its trading decisions concerning the timing of purchases independently of Stellantis.
This agreement relates to the first tranche of the Program. This tranche will cover a maximum amount of up to €500 million.
The first tranche of the Program shall start on March 17, 2023 and end no later than...
BiondVax to Present at BIO-Europe Spring
Written by Customer Service on . Posted in Public Companies.
JERUSALEM, March 16, 2023 (GLOBE NEWSWIRE) — via InvestorWire – BiondVax Pharmaceuticals Ltd. (Nasdaq: BVXV), a biopharmaceutical company focused on developing, manufacturing and commercializing innovative immunotherapeutic products primarily for the treatment of infectious and autoimmune diseases, announces today that its CEO Amir Reichman will be presenting in-person at the 17th annual BIO-Europe Spring taking place March 20–22, 2023, in Basel, Switzerland. The event is expected to bring together over 2,800 executives from biotech, pharma and finance companies to engage in 15,000+ one-to-one meetings.
Presentation Details:Date: Tuesday, March 21, 2023
Time: 11:30 a.m.
Location: Messe Basel, North Entrance, Exhibit Hall StageReichman’s presentation will focus on recent successful preclinical in vivo results of BiondVax’s...
Update regarding Silicon Valley Bank
Written by Customer Service on . Posted in Public Companies.
Molten Ventures VCT plc (“the VCT”)Legal Entity Identifier: 2138003I9Q1QPDSQ9Z9716 March 2023Update regarding Silicon Valley Bank
In common with the technology sector more broadly, companies within the VCT’s portfolio held banking relationships with Silicon Valley Bank (‘SVB’) both in the US and UK. The VCT board welcomes the news that the situation has now been substantially resolved with confirmation over the last weekend that US deposits were protected and Monday’s announcement of HSBC’s acquisition of SVB UK.
Current analysis by Elderstreet Investments Limited, the VCT’s investment manager (the ‘Investment Manager’), indicates that there has been no known financial loss within the VCT portfolio nor to the Investment Manager or its parent company, Molten Ventures plc.
Molten Ventures plc has also released an announcement which can...
WENDEL: 2022 Full-Year Results: Good performance of the portfolio companies; New Strategic Directions
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Press release – March 16, 2023
2022 Full-Year Results:
Good performance of the portfolio companies
New Strategic Directions
Net asset value as of December 31, 2022: €7,456 million or €167.9 per share
· NAV up +8.3% in Q4 2022, driven by the very strong performance of listed and unlisted companies
· NAV per share down 9.2%1 in 2022 reflecting the market decline in the listed asset valuation. Growth above +10% for unlisted portfolio companies at constant perimeter.
Consolidated net sales for 2022: €8,700 million, up +15.9% overall and up +10.7% organically year-to-dateOverall double-digit growth for all Group companies
Consolidation of ACAMS in 2022 (€66 million)Adjusted2 contribution from consolidated subsidiaries of €791 million, up +15.5%Very strong growth in the contribution from Constantia Flexibles (+79.5%),...
Tender for repurchase of up to 5% of the DCAC Ordinary Shares and all DCAC Public Warrants held by DCAC Ordinary Shareholders on the Record Date (the “Stub Tender Offer”)
Written by Customer Service on . Posted in Public Companies.
Announcement of Result of Stub Tender Offer
16 March 2023
THIS PRESS RELEASE CONTAINS INFORMATION THAT QUALIFIES OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE EU MARKET ABUSE REGULATION.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION. ANY FAILURE TO COMPLY WITH THESE RESTRICTIONS MAY CONSTITUTE A VIOLATION OF APPLICABLE SECURITIES LAWS
Result of Stub Tender Offer
At the close of the Stub Tender Offer 16:00 (CET) yesterday, 15 March 2023, Stub Tenders were received in respect of 325,418 DCAC Ordinary Shares and in respect of 2,060,000 DCAC Public Warrants.
It appears that some three...
FL Entertainment: FY 2022 results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Press Release
Paris – March 16th, 2023
Full-year 2022 results
STRONG FINANCIAL PERFORMANCE IN LINE WITH GUIDANCESOLID GROWTH ACROSS BOTH BUSINESSESSTRONG FREE CASH FLOW GENERATION AND RAPID DELEVERAGING
MID-TERM OUTLOOK CONFIRMED
2022 HIGHLIGHTSRevenue up +15.7%1 to €4,047m driven by strong performance of both businessesContent production & distribution: content catalogue up 30% to 160,000 hours, streaming platform revenues up 61% y/y, 15 bolt on acquisitions in 10 geographies
Online sports betting & gaming: Unique Active Player numbers up 25% y/y, partly driven by strong football World Cup performanceAdjusted EBITDA2 rose by +10.0% to €670.2m in 2022, resulting in an EBITDA margin of 16.6%
Adjusted net income2 rose to €307m (+8.6% versus 2021), net income stood at -€81m (2021: -€73m) due to the one-off impact of the...
Mortgage Rates Pull Back
Written by Customer Service on . Posted in Public Companies.
Primary Mortgage Market Survey®
U.S. weekly average mortgage rates as of 3/16/2023MCLEAN, Va., March 16, 2023 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.60 percent.
“Mortgage rates are down following an increase of more than half a percent over five consecutive weeks,” said Sam Khater, Freddie Mac’s Chief Economist. “Turbulence in the financial markets is putting significant downward pressure on rates, which should benefit borrowers in the short-term. During times of high mortgage rate volatility, homebuyers would greatly benefit from shopping for additional rate quotes. Our research concludes that homebuyers can potentially save $600 to $1,200 annually by taking the time to shop among multiple...
