Year: 2023

Tornator Oyj Stock Exchange Release, 2 November 2023 at 8.00 AM Tornator strengthens its investment capacity by issuing EUR 50 million of new senior secured green notes Tornator Oyj (“Tornator”) has signed a new long-term debt arrangement with Finnish institutional investors. The new notes are issued under Tornator’s Green Finance Framework updated in April 2023, have a nominal amount of EUR 50 million, a fixed annual coupon of 4.972 % and maturity in 2031. These new notes are secured by certain forest properties owned by Tornator which form a dynamic security pool that secures also Tornator’s other secured indebtedness. The net proceeds from the issue shall be allocated in accordance with Tornator’s new Green Finance Framework, primarily to acquisitions of double certified (FSC® and PEFC) forest assets. “This new additional...

Oslo, 2 November 2023: In the third quarter 2023, Scatec reported solid proportionate revenues of NOK 2.46 billion (1.63), with an EBITDA increase of 5 percent compared to the third quarter last year to NOK 893 billion (850). Scatec realised strong development and construction (D&C) revenues of NOK 1.32 billion (412) from its three main projects under construction and improved the gross margin for a third consecutive quarter to 13 percent. These projects are now entering the final construction phase and preparing for commercial operations. Proportionate Power Production was 1,047 GWh (1,135) and revenues in the Power Production segment were NOK 1,028 million (1,120), impacted by reduced revenues in the Philippines. Power production EBITDA was NOK 778 million (907). “We take pride in the progress we have achieved since our capital...

The supervisory board AS Tallinna Sadam (hereinafter: Port of Tallinn) decided to extend the contract of the chairman of the management board Valdo Kalm by three years. Valdo Kalm’s next term of office begins on March 1, 2024 and lasts until February 28, 2027. Riho Unt, chairman of the supervisory board of the Port of Tallinn, stated that the supervisory board conducted a comprehensive target search before deciding. “Valdo Kalm was chosen because he has a solid vision and action plan for the future development of the company in the current difficult economic environment and a geopolitical situation full of challenges. Valdo’s main task is to restore the pre-crisis profitability of the Port of Tallinn by implementing the company’s strategy for the years 2023-2027 and working towards the launch of new business areas, as...

Kojamo plc Stock Exchange Release, 2 November 2023 at 8.00 a.m. EET Kojamo plc Interim Report 1 January–30 September 2023 Total revenue and net rental income increased, occupancy rate improved This is a summary of the January–September Interim Report, which is in its entirety attached to this release and can be downloaded from the company’s website at www.kojamo.fi/investors. Unless otherwise stated, the comparison figures in brackets refer to the corresponding period of the previous year. The figures in this Interim Report have not been audited. Summary of July–September 2023Total revenue increased by 5.7 per cent to EUR 111.5 (105.4) million Net rental income increased by 6.3 per cent totalling EUR 83.1 (78.2) million. Net rental income represented 74.6 (74.1) per cent of total revenue Result before taxes was EUR -88.5 (90.8) million....

CALGARY, Alberta, Nov. 01, 2023 (GLOBE NEWSWIRE) — STEP Energy Services Ltd. (“STEP”) is pleased to announce the appointment of Mr. Edward LaFehr as an independent director of STEP’s board of directors, effective November 1, 2023. Mr. LaFehr has 40 years of experience in the energy industry managing large and complex onshore and offshore E&P assets. He currently serves as a director of Vaalco Energy, Inc. (NYSE: EGY), a position he has held since Vaalco’s combination with TransGlobe Energy in October 2022; Mr. LaFehr was appointed to TransGlobe Energy’s board in March 2019. Mr. LaFehr previously served as the president and chief executive officer of Baytex Energy Corporation for six years. Before joining Baytex, Mr. LaFehr held various senior leadership positions at Amoco, BP, Talisman, and TAQA. Mr. LaFehr also served on...

Toronto, ON, Nov. 01, 2023 (GLOBE NEWSWIRE) — Faircourt Asset Management Inc., as manager and trustee (the “Manager” or the “Trustee”, as applicable) of Faircourt Split Trust (NEO: FCS.UN) (the “Fund”), has decided to terminate the Fund on November 30, 2023 or as soon as practicable after such date. Given the limited liquidity of the Fund’s units from over a decade of annual redemptions, the Manager believes that it is in the best interests of unitholders of the Fund (“Unitholders”) to terminate the Fund. In accordance with the Fund’s second amended and restated declaration of trust, the Manager may, in its discretion, terminate the Fund without the approval of Unitholders if, in its opinion, it would be in the best interests of the Unitholders. In connection with the termination, following the conversion of the assets of the Fund...

HighlightsArcher Materials has demonstrated multiplexing readout for its Biochip by integrating its advanced gFET sensors with newly developed hardware and software that analyse multiple liquid samples on a chip at once. Archer will apply the single-chip multiplexing capability to biologically relevant molecules, which will potentially enable end-users to detect multiple diseases from one single chip. The Biochip designs and devices form the basis of intellectual property that is 100% owned by Archer.SYDNEY, Australia, Nov. 01, 2023 (GLOBE NEWSWIRE) — Archer Materials Limited (“Archer”, the “Company”, “ASX: AXE”), a semiconductor company advancing the quantum computing and medical diagnostics industries, has demonstrated multiplexing readout for its advanced Biochip graphene field effect transistor (“gFET”) device. Archer confirmed...