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Day: June 5, 2023

Municipality Finance issues a NOK 1.5 billion tap under its MTN programme

Municipality Finance PlcStock exchange release 5 June 2023 at 10:00 am (EEST) Municipality Finance issues a NOK 1.5 billion tap under its MTN programme On 7 June 2023 Municipality Finance Plc issues a new tranche in an amount of NOK 1.5 billion to an existing series of notes issued on 12 October 2022. With the new tranche, the aggregate nominal amount of the notes is NOK 3 billion. The maturity date of the notes is 12 April 2027, and the notes bear interest at fixed rate of 3.54% per annum. The new tranche is issued under MuniFin’s EUR 45 billion programme for the issuance of debt instruments. The offering circular and the final terms of the notes are available in English on the company’s website at www.munifin.fi/investor-relations. MuniFin has applied for the new tranche to be admitted to trading on the Helsinki Stock Exchange...

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BIO-key Leverages AWS Partner Network to Build Identity and Access Management (IAM) Solutions in Europe, the Middle East and Africa

WALL, N.J. and MADRID, Spain, June 05, 2023 (GLOBE NEWSWIRE) — BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of Identity and Access Management (IAM) and Identity-Bound Biometric (IBB) solutions, and Amazon Web Services (AWS) Partner Network member since 2022, today announced that it is helping customers in Europe, the Middle East and Africa (EMEA) to move their IAM strategies to the cloud for greater availability, scalability, resiliency, and reduced overhead. BIO-key offers advanced cybersecurity solutions, including multifactor authentication options for enhanced login security, to securely and flexibly manage identity for AWS customers and partners. BIO-key solutions include its PortalGuard® Identity-as-a-Service (IDaaS) platform along with hardware such as fingerprint scanners, which support Identity-Bound...

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Sprouts Farmers Market Releases Environmental, Social and Governance (ESG) Report for 2022

Sprouts ESG Photo Sprouts Farmers Market published its 2022 Environmental, Social, and Governance (ESG) Report highlighting the healthy grocer’s commitment to taking good care of the planet, people and local communities.PHOENIX, June 05, 2023 (GLOBE NEWSWIRE) — Sprouts Farmers Market, one of the largest and fastest growing specialty retailers of fresh, natural and organic food in the United States, today published its 2022 Environmental, Social, and Governance (ESG) Report highlighting the healthy grocer’s commitment to taking good care of the planet, people and local communities. The company’s work focuses on offering sustainably and responsibly sourced products, eliminating waste and fighting hunger, reducing its carbon footprint, and plastics reduction. “I’m proud to share the strong progress we made in our ESG initiatives...

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AUGA Group, AB implements the first stock options for employees

The Agtech company and organic food producer AUGA group, AB (hereinafter the Company) continues the option programme started in 2019 and implements the 2020 stock options for employees. 2 021 030 shares are granted to 186 employees. The Company started the option programme in the spring, 2019, when, in the first phase, more than 2.55 million units of shares were allocated to employees. Employees who signed the share option agreements in 2020 this year can use them. The decision to increase the share capital of the Company by issuing new ordinary registered shares, that will be transferred free of charge to the employees who submitted the respective notifications, was approved by the Ordinary General Meeting of Shareholders that took place on 28 April 2023. Ownership of the shares will pass to the employees from the moment the shares are...

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MAXIMA GRUPĖ companies has a new management team

MAXIMA GRUPĖ, UAB announces appointment of new general managers for MAXIMA GRUPĖ, UAB and MAXIMA LT, UAB. Effective June 5th, Manfredas Dargužis becomes the new CEO of MAXIMA GRUPĖ, and Jolanta Bivainytė assumes the role of CEO for MAXIMA LT. Manfredas Dargužis, formerly the CEO of AKROPOLIS GROUP, has been appointed as the CEO of MAXIMA GRUPĖ and has also been elected Chairman of the Management Board. Starting from June 5th, Manfredas Dargužis takes over the management of MAXIMA GRUPĖ from Agnė Voverė, who has been appointed as the Head of the Baltic region, with responsibility for the “Maxima” retail chains and e-commerce in Lithuania, Latvia, and Estonia. Agnė Voverė will also continue to serve as a member of the Management Board. The renewed Management Board of MAXIMA GRUPĖ will include Manfredas Dargužis, Agnė Voverė,...

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New CEO of AKROPOLIS GROUP appointed

Nerijus Maknevičius Nerijus MaknevičiusNerijus Maknevičius is appointed as the CEO and elected as the Chairman of the board of AKROPOLIS GROUP, JSC the leading shopping and entertainment centre development and management company in the Baltics. N. Maknevičius will also continue working at his current position of CEO of real estate development company GALIO GROUP, JSC. N. Maknevičius has been working in VP Group companies since 2015 – during recent one and a half year he has been heading the real estate development company Galio Group, previously he worked as the CEO and Head of Legal of Vilniaus Prekyba, as well as Managing director of Metodika B.V.. N. Maknevičius holds Master of Law degree from Vilnius University. “I appreciate the trust expressed towards me to take over the CEO position at Akropolis Group. It is great, that there...

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Belships ASA: Commercial update

Belships has entered into an agreement for the sale of BELVEDERE, an Ultramax bulk carrier built in 2015. Delivery is expected to occur within Q3 2023 and the sales price is slightly above the book value. Net cash proceeds will be about USD 10.0m after repayment of outstanding loan. BELISLAND has commenced an index-linked charter for a period of about one year with a rate equal to 115 per cent of the Baltic Supramax Index. Belships has the option to convert any part of the firm period to a fixed rate based on the prevailing FFA curve from time to time. “Belships acquired BELVEDERE one year ago and the investment has yielded a return on equity of about 20 per cent, displaying our ability to source accretive transactions with efficient use of capital. The current freight market is relatively low, and we have therefore chartered out one of...

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DNO Removes, Discards North Sea Platform

Oslo, 5 June 2023 – DNO ASA, the Norwegian oil and gas operator, today reported that the wellhead platform production facilities have been removed from the Schooner field offshore UK, the last major offshore operation under DNO’s multi-year North Sea decommissioning program. The heavy lift was conducted using the Heerema Marine Contractors’ Thialf semi-submersible crane vessel. The 1,200-tonne platform deck was lifted aboard the vessel on 17 May, while the jacket was removed on 23 May after the piles had been cut three meters below the seabed. The deck and jacket have since been transported to the Hoondert Yard in the Netherlands for dismantlement and recycling. “We have conducted these operations in a safe, cost-efficient and environmentally responsible manner, coordinating five tier-one contractors and displaying our capabilities as...

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NORBIT – Award and exercise of restricted stock units

Trondheim, 5 June 2023: The Board of Directors of NORBIT ASA (the “Company”) has resolved to award a total of 116,664 restricted stock units (“RSUs”) to members of its executive management based on the financial year 2022 in accordance with the terms for the RSU program described in the Company’s report on remuneration to the senior executives as approved by the Company’s annual general meeting on 4 May 2023. The Company’s board of directors has further resolved to issue a total of 38,886 shares at par value as a result of exercise of the vested portion of such RSUs, equal to approximately one third of the total number of RSUs awarded. The remaining two thirds of the awarded RSUs will vest with the next third at the time of the Annual General Meeting in 2024 and the last third at the time of the...

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Goldman Sachs Asset Management agrees to acquire 72.11% of the shares in Frøy at NOK 76.50 per share and launch subsequent mandatory offer

Frøya, 5 June 2023 Falcon Bidco AS (the “Offeror”), a company indirectly wholly owned by infrastructure funds managed by Goldman Sachs Asset Management, has entered into an agreement (the “Transaction Agreement”) with NTS AS (“NTS”), a wholly owned subsidiary of SalMar ASA (“SalMar”) (OSE ticker: SALM), and Frøy ASA (“Frøy” or the “Company”) (OSE ticker: FROY), whereby the Offeror on certain terms and conditions willacquire NTS’ entire ownership stake in Frøy, representing approximately 72.11% of the shares in Frøy (the “Share Sale”), and following completion of the Share Sale make an unconditional mandatory cash offer to acquire all other shares in Frøy (the “Mandatory Offer”, and together with the Share Sale, the “Transaction”).The Transaction is the result of the strategic review related to the Company announced on 13 January 2023...

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