August 18, 2023 – Page 8

Compagnie Financière Tradition SA announces the launch of its share buyback program of up to 300,000 shares

Written by Customer Service on August 18, 2023. Posted in Earnings Releases And Operating Results.

Ad hoc announcement pursuant to Article 53 of the Six ExchangeRegulation Listing Rules Lausanne, 18 August 2023 Compagnie Financière Tradition SA announces the launch of its share buyback program of up to 300,000 shares Compagnie Financière Tradition share buyback program, already communicated on 25 May 2023, will be launched on 21 August 2023 and is expected to run until the end of May 2026. This share buyback program of up to 300,000 bearer shares, equivalent to a maximum of 3.91% of the share capital, amount to a total of approximately CHF 35 million based on current share price. The shares will be repurchased via a second trading line on the SIX Swiss Exchange, with Compagnie Financière Tradition as the exclusive buyer. Board of Directors of Compagnie Financière intends to propose a capital reduction for the shares...

Delivering on strategy and strong progression of construction activities

Written by Customer Service on August 18, 2023. Posted in Earnings Releases And Operating Results.

Oslo, 18 August 2023: In the second quarter 2023, Scatec’s proportionate revenues jumped to NOK 5.87 billion (932), with an all-time high EBITDA of NOK 1.38 billion (517) compared to the second quarter last year. Power production EBITDA was NOK 959 million (617) and the company reported development and construction revenues of NOK 4.59 billion, with a gross margin of 12 percent. “It has been a busy quarter with a lot of advancement for our business and I am pleased to see construction activities on all three of our large projects continue to progress according to plan. During the quarter, we continued to execute on our strategy that we presented to the market almost a year ago. We closed the NOK 546 million divestment of the Upington solar plants in South Africa and reached financial close for the NOK 2.9 billion Grootfontein solar project...

Novartis issues EGM Invitation and Shareholder Information Brochure. Sandoz publishes Listing Prospectus ahead of proposed Spin-off vote

Written by Customer Service on August 18, 2023. Posted in Public Companies.

Ad hoc announcement pursuant to Art. 53 LR Invitation to Novartis Extraordinary General Meeting on September 15, 2023, and Shareholder Information Brochure issued Sandoz Listing Prospectus published Proposed distribution of a dividend-in-kind of Sandoz shares to Novartis shareholders: one Sandoz share for every five Novartis shares and one Sandoz ADR for every five Novartis ADRs Sandoz Spin-off planned to occur on or around October 4, 2023 Basel, August 18, 2023 — Novartis today issued the invitation to an Extraordinary General Meeting (EGM) of Novartis shareholders, scheduled to take place on September 15, 2023, in relation to the proposed 100% Spin-off of Sandoz, the Generics and Biosimilars business of Novartis. At the EGM, shareholders of Novartis will vote on two proposals: A special distribution by Novartis AG of a dividend-in-kind...

Hyper Converged Infrastructure Market Set to Soar Past USD 14520 Million by 2030 | Skyquest Technology

Written by Customer Service on August 18, 2023. Posted in Mergers And Acquisitions.

The global Hyper Converged Infrastructure market size is expected to reach USD 14520 million by 2030 and exhibit a CAGR of 13.2% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing demand for scalable and cost-effective IT infrastructure, growing adoption of virtualization technologies, rising need for simplified and centralized management of data centres, growing awareness about the benefits of hyperconverged infrastructure in reducing complexity and improving performance, are fueling the market’s growth. Westford, USA, Aug. 17, 2023 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Hyper Converged Infrastructure market, increasing adoption of hybrid cloud models, growing demand for edge computing solutions, integration of artificial intelligence...

Pet Grooming Products Market to Surpass 8.73 Billion by 2030 Drives Due to the Rising Pet Ownership

Written by Customer Service on August 18, 2023. Posted in Mergers And Acquisitions.

SkyQuest projects that the pet grooming products market will attain a USD 8.73 billion value by 2030, with a CAGR of 7% over the forecast period (2023-2030). The global pet grooming products market is driven by the increasing number of pet owners seeking grooming solutions. As pets become integral parts of families, the demand for specialized grooming products like shampoos, brushes, and conditioners continues to grow. Westford, USA, Aug. 17, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, growing awareness about Pet Grooming Products, pet health and hygiene is a crucial driver for the market. Pet owners know the importance of regular grooming routines to prevent skin issues, infections, and other health concerns. This awareness fuels the demand for high-quality grooming products that cater to specific needs. Browse in-depth TOC...

99 Acquisition Group Inc. Announces Pricing of $75,000,000 Initial Public Offering

Written by Customer Service on August 18, 2023. Posted in Public Companies.

GAITHERSBURG, MD, Aug. 17, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – 99 Acquisition Group Inc. (the “Company”) announced today that it priced its initial public offering of 7,500,000 units at $10.00 per unit. The units will be listed on Nasdaq Global Market (“Nasdaq”) and are expected to begin trading tomorrow, August 18, 2023, under the ticker symbol “NNAGU”. Each unit consists of one share of Class A common stock, one redeemable warrant and one right. Each warrant entitles the holder thereof to purchase one ordinary share at a price of $11.50 per share. Each right entitles the holder thereof to receive one-fifth (1/5) of one share of Class A common stock upon the consummation of an initial business combination. Once the securities comprising the units begin separate trading, the shares of Class A common...

Global Blockchain Acquisition Corp. and Cardea Corporate Holdings, Inc. Announce the Execution of a Definitive Merger Agreement

Written by Customer Service on August 18, 2023. Posted in Mergers And Acquisitions.

Cardea Corporate Holdings, Inc. will become a public company to advance its wealth management solutions business in the United States and internationally. The business combination with Global Blockchain Acquisition Corp. values Cardea at an implied pro forma enterprise value of $175 million. ORLANDO, FL and ATLANTA, GA, Aug. 17, 2023 (GLOBE NEWSWIRE) — Global Blockchain Acquisition Corp. (NASDAQ: GBBK) (“GBBK”), a publicly traded special purpose acquisition company, and Cardea Corporate Holdings, Inc. (“Cardea”), an emerging global wealth management firm, today announced they have entered into a definitive agreement for a business combination (the “Merger Agreement”). The transaction reflects an implied pro-forma enterprise valuation for Cardea of approximately $175 million. The transaction consideration will be paid...

VOLT LITHIUM ANNOUNCES TRANSITION TO PURE-PLAY LITHIUM DEVELOPER WITH TERMINATION OF OPTION AGREEMENTS FOR COPPER ASSETS

Written by Customer Service on August 18, 2023. Posted in Public Companies.

Vancouver, British Columbia, Canada, Aug. 17, 2023 (GLOBE NEWSWIRE) — Volt Lithium Corp. (TSX-V: VLT, OTCQB: VLTLF, FSE: S9G) (the “Company” or “Volt”) announced today the termination of two existing option agreements related to copper assets that were part of its predecessor company’s portfolio and were not being pursued as part of Volt’s strategy. With the termination of these agreements, Volt’s asset base has been streamlined and offer investors exposure to a growing, pure-play lithium development and technology company aiming to be North America’s first commercial producer of lithium hydroxide and lithium carbonates from oilfield brine. Details of the Terminated Option Agreements The two terminated option agreements include: (i) the option to acquire a 100% interest in the Stateline Property, pursuant to an option agreement...

Day: August 18, 2023

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