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Day: March 26, 2024

Festi hf: Festi acquisition of all shares in Lyfja hf. – Request for conciliation talks with the Icelandic Competition Authority.

Reference is made to Festi’s announcement, published on the 18th of March 2024, regarding the preliminary conclusions in the Icelandic Competition Authority’s investigation into the competitive effects of Festi’s purchase on the entire share capital of Lyfja hf. It is stated therein that the merger will, based on the current state of the investigation, require intervention by the Icelandic Competition Authority. Festi has now submitted a response to the Icelandic Competition Authority‘s preliminary conclusions where Festi‘s arguments and proposals for remedies are presented. The response formally requests a conciliation talks with the Icelandic Competition Authority on possible remedies associated with the aquisition. Festi‘s request is now under evaluation by the Icelandic Competition Authority. Accordingly, the Competition Authority’s...

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The results of business activity of ŽEMAITIJOS PIENAS, AB group in 2023, excluding audit

In 2023, consolidated turnover (excluding audit) of ŽEMAITIJOS PIENAS, AB group amounts to 278 million EUR that, if to be compared with the year 2022, has increased by 5,55 %.            Net profit (as without audit) of ŽEMAITIJOS PIENAS, AB group in the year 2023, makes 7,7 % of the turnover.The person authorized to provide additional information: Arnas MatuzasHead of LegalE-mail: a.matuzas@zpienas.lt

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Kvika banki hf.: Announcement regarding reduction in share capital

At Kvika’s AGM held on 21 March 2024 the meeting approved to reduce the company’s share capital by ISK 58,952,375 nominal value, or the equivalent of 58,952,375 shares, from ISK 4,781.025,715 to ISK 4,722,073,340 nominal value, by cancelling own shares held by the company in the said amount. These are shares that the company purchased under a formal buy-back programme in 2023. The share capital reduction has now been registed by the register of undertakings of the Directorate of internal Revenue and the share capital amounts to nominal value of ISK 4,722,073,340. Following the reduction the bank holds no own shares. For further information please contact Magnús Þór Gylfason, Director of Communications and Stakeholder Relations, at magnus.gylfason@kvika.is

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gategroup publishes annual ESG Report

NEWS PROVIDED BY gategroup March 26, 2024, 10:00 AM EST gategroup publishes annual ESG Report gategroup, the leader in airline catering and hospitality, has published their annual ESG report. This report outlines the group’s ambitions on sustainability in its business and describes the progress it achieved throughout 2023. Zurich/Switzerland. March 26, 2024. As one of the global culinary leaders, gategroup is fully committed to responsible corporate stewardship and sustainable business practices. During 2023, the company continued developing the foundation set in 2022, fine-tuning the details of the group-wide ESG Framework and the related activities. The second annual ESG report provides an overview of the initiatives that took place across the group’s global network to bring it closer to the defined goals and commitments and to transition...

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Synergy ECP Announces Acquisition of Software Engineering Firm SoftTech Solutions

COLUMBIA, Md., March 26, 2024 (GLOBE NEWSWIRE) — Synergy ECP, a provider of software engineering, cybersecurity and systems engineering services for the U.S. Intelligence Community and Department of Defense, today announced its acquisition of SoftTech Solutions, a custom software development firm that specializes in serving the U.S. Intelligence Community. Charlotte-based private equity firm Falfurrias Capital Partners, which partnered with Synergy ECP in October 2023, facilitated funding of the acquisition. The addition of SoftTech Solutions will expand Synergy ECP’s technical breadth into mission focused cloud engineering and data analytics domains. Together, Synergy ECP and SoftTech Solutions will deliver solutions in the highest priority capability areas of the Intelligence Community, including Signals Intelligence (SIGINT),...

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2023 Full Year Financial Results

TORONTO, ONTARIO, March 26, 2024 (GLOBE NEWSWIRE) — (“Amaroq” or the “Corporation” or the “Company”) 2023 Full Year Financial Results Well-funded and on track to progress development of Nalunaq in 2024 TORONTO, ONTARIO – 26 March 2024 – Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ Iceland: AMRQ), an independent mine development company with a substantial land package of gold and strategic mineral assets in Southern Greenland, is presents its Q4 and FY 2023 financials and provide an update on its planned operational activities for 2024. All dollar amounts are expressed in Canadian dollars unless otherwise noted. A remote presentation for sell-side analysts and investors will be held remotely at 14:00 GMT today, followed by an opportunity to ask questions. Analysts and investors who wish to participate in the webcast are requested...

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Atos reports full year 2023 results

Atos reports full year 2023 results Revenue: €10,693m, up +0.4% organically Eviden up +2.9% organically Tech Foundations down -1.7% organically Operating margin of 4.4% (€467m), up +170 bps organicallyWith year-on-year improvements in both Eviden and Tech Foundations Free cash flow at €-1,078mH2 Free Cash Flow at €-109mReflecting lower working capital actions and higher reorganization costs Net loss group share at €-3,441m Impacted by goodwill and other non-current assets impairment charge of €2,546m Normalized net income at €73m vs €-28m in 2022 Full year book-to-bill ratio at 94%, up +4 pts vs last yearQ4 book-to-bill at 108% Opening of an amicable conciliation procedure, in the continuity of the ad hoc mandate,aiming at reaching a refinancing plan with Atos’ financial creditors Favorable court decision for Atosvacating entirely the...

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ABC arbitrage: 2023 Results

ABC arbitrage 2023 Results¹ : M€16.5 2023 ROE: 10.6% – 2023 Distributions: €0.30 The Board of Directors of ABC arbitrage, presided by the Chairman Dominique Ceolin, met on March 21, 2024 to approve the consolidated financial statements for the fiscal year 2023¹. In EUR millions Dec. 31, 2023 IFRS Dec. 31, 2022 IFRS Dec. 31, 2021 IFRSNet revenues €39.3m €61.2m €64.1mNet Income €16.5m €29.2m €28.0 mEarnings per share (EPS) 0.28€ €0.49 €0.48Return On Equity (ROE) 10.6% 18.0% 17.5%Equity €155m €162m €160mContext – 2023 markets presented, counter intuitively, strong growth. In particular, volatility fell back to the low points of FY 2019, significantly below levels seen over the last 3 financial years. The mergers and acquisitions sector, for its part, has been impacted by the rise in interest rates, with...

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Annual General Meeting 2024: Tecan proposes election of an additional member of the Board of Directors and various amendments to the Articles of Incorporation

Annual General Meeting 2024: Tecan proposes election of an additional member of the Board of Directors and various amendments to the Articles of IncorporationMonica Manotas proposed as a new member of the Board of Directors Board of Directors will propose all current members for re-election Various amendments to the Articles of Incorporation proposed to adapt them to new circumstances Report on non-financial matters submitted for approval for the first time Proposed dividend increase from CHF 2.90 to CHF 3.00 per shareMännedorf, Switzerland, March 26, 2024 – The Board of Directors of the Tecan Group (SIX Swiss Exchange: TECN) will propose the election of Monica Manotas as an additional member of the Board at the Annual General Meeting on April 18, 2024. Monica Manotas worked at Thermo Fisher Scientific, one of the world’s...

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