Day: November 23, 2023

Share Buyback Transaction Details November 16 – November 22, 2023 November 23, 2023 – Wolters Kluwer (Euronext: WKL), a global leading provider of expert solutions, insights and services for professionals, today reports that it has repurchased 210,910 of its own ordinary shares in the period from November 16, 2023, up to and including November 22, 2023, for €26.0 million and at an average share price of €123.49. These repurchases are part of the share buyback program announced on February 22, 2023, under which we intend to repurchase shares for up to €1 billion during 2023. The cumulative amounts repurchased to date under this year’s buyback program are as follows: Share Buyback 2023Period Cumulative shares repurchased in period Total consideration(€ million) Average share price(€)2023 to date 7,832,607 ...

COMPANY ANNOUNCEMENT                                                                                                                     No. 184/2023 Tvis, 23 November 2023 New share-based incentive program for executive management of TCM Group A/S In accordance with the share-based incentive program for the company’s executive management, a Performance Share Unit Program (also “PSU”), launched in 2021, the Board of Directors of TCM Group A/S has granted a new plan covering the years 2023-2025. The objectives of the program are to align the interests of TCM Group A/S’ executive management with those of the company’s shareholders and, thus, to promote shareholder value creation in the long term, to commit the management to achieving TCM Group A/S’ strategic targets and the retention of the executive management. The program consists of annually...

MAXIMA GRUPĖ, UAB informs about the changed registered and correspondence address. The company’s registered address at Savanorių pr. 5 is being changed to Ozo g. 25, LT-07150, Vilnius. Additional Information “Maxima Grupė” manages retail chains “Maxima” (in the Baltic countries), “Stokrotka” (in Poland), “T-Market” (in Bulgaria), and the online food store “Barbora,” operating in the Baltic countries and Poland.  “Maxima Grupė” is part of the “Vilniaus prekyba” group of companies. Through its other subsidiary companies, “Vilniaus prekyba” controls investments in retail and pharmacy chains, as well as real estate development and rental service companies in the Baltic countries, Sweden, Poland, and Bulgaria. Contact Person: Lukas...

INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltics, today announces the signing of an agreement for the acquisition of 100% of the shares of Galinta Group. Galinta Group is one of the largest producers of buckwheat in Europe as well as one of the leading producers and traders of flakes, rice, and other groats in the Baltic region. The transaction is expected to be completed at the beginning of 2024 subject to permission from the Competition Council of the Republic of Lithuania. In 2022, Galinta Group generated ~EUR 38.5 million of revenues. Buckwheat production capacity reached 1,000-1,500 tons per month, packaging – around 8 million units per month. Galinta Group currently employs more than 100 people in Lithuania.   Marijus Mazuch, a shareholder of the Galinta group of companies, commented: “Galinta...

Over 9 months of 2023, Grigeo AB company group (hereinafter – the Group), consisting of Grigeo AB, Grigeo Packaging UAB, Grigeo Baltwood UAB, Grigeo Klaipėda AB, Mena Pak AT, Grigeo Recycling UAB, Grigeo Recycling SIA and Grigeo investicijų valdymas UAB achieved the consolidated sales turnover of EUR 149.4 million. It is by EUR 3.1 million less than over respective period of 2022. Over the reporting period, the Group earned EUR 24.1 million profit before taxes, which is by EUR 17.1 million more than in the same period in 2022. Earnings before interest, taxes, depreciation, and amortization (EBITDA) of the Group, if compared with 9 months of 2022, increased by EUR 17.0 million and reached EUR 31.1 million. The following table summarizes 9-month performance numbers stated in this announcement:Indicator, EUR million 2023 2022 Change...

Geneva, Switzerland, November 23, 2023 – Addex Therapeutics (SIX and Nasdaq: ADXN), a clinical-stage pharmaceutical company pioneering allosteric modulation-based drug discovery and development, today announced that that it will issue its Third Quarter 2023 Financial Results on November 29, 2023. Tim Dyer, CEO , Robert Lütjens, Head of Discovery – Biology and Mikhail Kalinichev, Head of Translational Science, will provide a business update and a review of the Addex product pipeline during a teleconference and webcast for investors, analysts and media at 16:00 CET (15:00 GMT / 10:00 EST / 07:00 PST) the same day. Title:   Addex Therapeutics to Release Third Quarter 2023 Financial Results and Provides Corporate Update Date:   November 29, 2023Time: 16:00 CET (15:00 GMT / 10:00 EST / 07:00 PST) Joining the Conference Call:Participants...

Vow ASA (OSE: VOW) is pleased to confirm and invite shareholders, investors, analysts, and other interested parties to its Capital Markets Update on 28 November 2023. The sessions will be streamed. Attendance in person is welcome. Where: Haakon VIIs gate 2 in OsloWhen: 28 November 2023 from 09:00 to 10:30 CET. From the agenda:– Q3 trading update – Business deep dive– Outlook Henrik Badin, Chief Executive Officer of Vow, will host the session. Other speakers include Chief Financial Officer Tina Tønnessen and other representatives from company management and business partners. The presentation material will be published on NewsWeb and on Vow web site that same morning. The session will be held in English. To register and follow the presentation online, please copy and paste the following link into your browser, click Attend...

SIKA EXPANDS PRODUCTION CAPACITY FOR CONCRETE ADMIXTURES IN THE USA Sika continues to invest in its polymer production at its Sealy site in the US state of Texas, Sika’s latest move marks its second polymer investment in the state of Texas in just five years. Polymers are chemical building blocks needed to manufacture Sika® ViscoCrete®, Sika’s high-performance, resource-saving concrete admixture. The company has initiated this expansion due to the rising demand for its concrete admixture in the USA and Canada. In the upcoming years, U.S. government initiatives, such as the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA), will unlock numerous business opportunities for a broad range of Sika solutions. With goals to revitalize America’s infrastructure and address climate change, there will be increased...

Dear shareholder, Dear Madam, Dear Sir,The board of directors confirms that Ackermans & van Haaren is well on track to post a solid set of results for the full year 2023. The contribution from core segments of the group is expected to further improve on the record level of 354.4 million euros of 2022. Please find attached our trading update on the third quarter 2023.Best regards Ackermans & van HaarenAttachmentAvH press release