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Day: May 30, 2023

VCI Global Appointed Consultant For The Up-Listing Of HWGG Entertainment

KUALA LUMPUR, Malaysia, May 30, 2023 (GLOBE NEWSWIRE) — VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) today announced that its wholly owned subsidiary V Capital Consulting Limited (“VCCL”) has been appointed as the consultant for HWGG Entertainment Limited (“HWGG”, which stands for Ho Wah Genting Group), for the latter’s forthcoming listing on the NASDAQ stock market. This advisory mandate entails a USD1.6 million advisory fee and also a success fee of 5% of HWGG’s market capitalisation upon listing. HWGG is one of the most established entertainment service providers throughout Southeast Asia. Reimagining the travel and entertainment landscape by employing the most advanced technology such as Web3.0 to enhance the power of its global reach. HWGG is currently traded on the OTC market of the NASDAQ stock exchange. VCCL’s...

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Savosolar handed over solar heating plant to Etelä-Savon Energia

Savosolar Plc Company Announcement                            30 May 2023 at 8.15 a.m. (CEST) Savosolar handed over solar heating plant to Etelä-Savon Energia Savosolar Plc (Savosolar) has handed over a solar heating system to Etelä-Savon Energia (ESE), which is located in the Tusku region in Mikkeli and which is connected to the district heating network of the region. The nominal power of the collector field is 360 kW and its size is 415 m². It is currently the largest solar heating system in Finland. The value of the delivery was around 200,000 euros. The system is the second solar district heating system delivered to ESE by Savosolar. The first one was delivered in 2017 to Ristiina. ESE has set a goal of zero-emission energy production, and this investment is another significant step towards this goal. Kirsi Suopelto, CEO of Savosolar:...

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François de Varenne is appointed Group Chief Financial Officer and Deputy Chief Executive Officer of SCOR

Press ReleaseMay 30, 2023 – N° 12 François de Varenne is appointed Group Chief Financial Officer and Deputy Chief Executive Officer of SCOR François de Varenne, Interim CEO of SCOR from January 26, 2023, to April 30, 2023, and Executive Committee member in charge of Investments, Technology, Transformation and Group Corporate Finance, is appointed Group Chief Financial Officer and Deputy CEO (directeur général adjoint). He keeps his previous responsibilities and will be taking on the financial management of the Group with immediate effect. Ian Kelly, previously Chief Financial Officer of SCOR, is leaving the Group to pursue new professional opportunities. Thierry Léger, Chief Executive Officer of SCOR, comments: “I have decided to entrust François de Varenne with new and important responsibilities within the Executive Committee....

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Outcome of the Additional Tier 1 bond subscription

On Friday, 19 May 2023, the subscription period for AS Inbank Additional Tier 1 bonds (AT1 bonds) ended. Investors subscribed to bonds worth 11.1 million euros. Thus, the volume of the issue was oversubscribed by 1.9 times. Since the initial volume of the issue of 6 million euros was oversubscribed, Inbank exercised the right to increase the volume of the issue to 11.1 million euros. On Monday, 22 May 2023, Inbank’s Management Board approved the final distribution of the issue, according to which 1110 bonds with a nominal value of 10,000 euros will be distributed to a total of 55 investors. Marko Varik, CFO and Member of the Management Board of Inbank, comments on the results: ‘Investors’ interest in Inbank’s AT1 bonds was higher than expected, and we decided to increase the volume of the issue. The initial offering was nearly...

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Sampo plc’s share buybacks 29/05/2023

SAMPO PLC                 STOCK EXCHANGE RELEASE         30/05/2023 at 08:30 am Sampo plc’s share buybacks 29/05/2023 On 29/05/2023 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)  7,755 43.11 AQEU  23,741 43.12 CEUX  13,155 43.13 TQEX  70,349 43.13 XHELTOTAL 115,000 43.13  *rounded to two decimals                 On 29 March 2023, Sampo announced a share buyback programme of up to a maximum of EUR 400 million in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052. The programme, which started on 3 April 2023, is...

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The arbitral tribunal has confirmed Inission AB’s redemption right over the minority shares in Enedo and trading in the Enedo shares will be suspended

Enedo Plc, Stock Exchange Release, 30 May 2023 at 8.55 a.m. EEST The arbitral tribunal has confirmed Inission AB’s redemption right over the minority shares in Enedo and trading in the Enedo shares will be suspended The arbitral tribunal appointed by the Redemption Board of the Finland Chamber of Commerce in connection with the redemption proceedings concerning the minority shares in Enedo Plc (“Enedo”) has in its interim decision confirmed that Inission AB (“Inission”) has the right to redeem the minority shares in Enedo and that Inission has the right to obtain title to the minority shares by posting a security approved by the arbitral tribunal for the payment of the redemption price and the interest accruing thereon. Enedo announced on 8 March 2023 that the Board of Directors of Enedo has resolved to apply for the termination of public...

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Dividend payment ex-date of AS Merko Ehitus is 2 June 2023

AS Merko Ehitus (trading code MRK1T, ISIN code EE3100098328) will fix the list of shareholders for dividend payment as of the close of the business of the settlement system on 5 June 2023. Proceeding from the above, the ex-date is 2 June 2023. From that date onwards, the person acquiring the shares is not entitled to receive dividends for the financial year 2022. AS Merko Ehitus will pay dividend 1.00 euro per share on 16 June 2023. Urmas SomelarHead of FinanceAS Merko Ehitus+372 650 1250urmas.somelar@merko.ee AS Merko Ehitus (group.merko.ee) group companies develop real estate and construct buildings and infrastructure. We create a better living environment and build the future. We operate in Estonia, Latvia, Lithuania and Norway. As at the end of 2022, the group employed 661 people, and the group’s revenue for 2022 was EUR 410 milli...

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Nestlé announces François-Xavier Roger stepping down, Anna Manz named as CFO

[Ad hoc announcement pursuant to Art. 53 LR] This press release is also available in Français (pdf) and Deutsch (pdf) ………….   Vevey/Switzerland, May 30, 2023   Nestlé announces François-Xavier Roger stepping down, Anna Manz named as CFO   After eight years with Nestlé, François-Xavier Roger, Executive Vice President and Chief Financial Officer, has decided to step down and to pursue new professional challenges. François has provided strong financial leadership and driven sustainable value creation for the company. Anna Manz, currently Chief Financial Officer and a member of the Board for the London Stock Exchange Group (LSEG), will join Nestlé as CFO as soon as she is released from her present duties. At that time, she will also become a member of the Executive Board of Nestlé S.A. as an Executive Vice President....

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Spexis provides business update and announces financial results for the full year 2022

Ad hoc announcement pursuant to Art. 53 LRUSD 4.5 million capital commitment from SPRIM Global Investments to enable initiation of ColiFin® COPILOT study; first patient dosing expected in mid-2023 Reported solid safety and pharmacokinetics results from first-in-human study of inhaled murepavadin Announced positive renal impairment clinical trial results with balixafortideALLSCHWIL, Switzerland, May 29, 2023 (GLOBE NEWSWIRE) — Spexis AG (SIX: SPEX), a clinical-stage biopharmaceutical company focused on rare diseases and oncology, today announced its financial results for the full year of 2022 and provided a strategic business update. “With the recent closing of the capital commitment from SPRIM Global Investments, Spexis is well-positioned to execute on the clinical development of our Phase 3 ColiFin® program, beginning with...

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