Day: April 24, 2024
The Netherlands, 24 April 2024
Vopak reports strong Q1 2024 results and increases FY 2024 outlook
Key highlights Q1 2024
ImproveIncreased net profit -including exceptional items1– in Q1 2024 to EUR 106 million, an improvement of 3% year-on-year, driven by favorable storage demand across different geographies and markets
Increased proportional EBITDA -excluding exceptional items1– in Q1 2024 to EUR 298 million, an improvement of 9% year-on-year when adjusted for divestment impacts of EUR 21 million
Further strengthened balance sheet, good progress on share buyback program
Increased FY 2024 outlook for proportional EBITDA and EBITDAGrowStrengthened our leading position in India with the acquisition of a new terminal in Mangalore
Good progress in developing a greenfield LPG-export terminal project in Western-CanadaAccelerateCommissioned...
Vivoryon Therapeutics N.V. Reports Full Year 2023 Financial Results and Provides Varoglutamstat and Strategic Updates
Written by Customer Service on . Posted in Public Companies.
Vivoryon Therapeutics N.V. Reports Full Year 2023 Financial Results and Provides Varoglutamstat and Strategic UpdatesIn-depth analysis of VIVIAD Phase 2b results is ongoing, including pre-specified and exploratory endpoints; findings to date are consistent with previously announced topline data observing no statistically significant or clinically meaningful effect of varoglutamstat on cognition and function in early AD up to 600mg twice a day (BID) dose
Statistically significant improvement in kidney function observed with varoglutamstat 600mg BID in VIVIAD over two years based on pre-specified analysis of the estimated glomerular filtration rate
Company plans to explore potential of varoglutamstat in kidney disease in a shift of strategic focus towards inflammatory and fibrotic disorders
VIVA-MIND Phase 2 study to be discontinued...
Wereldhave Trading update Q1 2024
Written by Customer Service on . Posted in Public Companies.
Full Service Center footfall continues to power ahead: 10% above Q1 2023
Retail sales +5%, well above inflation
Polarizing leasing market in the Benelux with several expanding formulas but also some bankruptcies
Leasing spreads in the Netherlands moving into positive territory
Rent collection >97% underpinning tenant quality
LTV improved to 41.5% due to positive Belgian revaluations (ERV driven) and targeted CAPEX
Update on short-term strategic focus: rotating capital out of the Netherlands to further reduce LTV
Full Service Center Sterrenburg awarded with the 2024 Kern annual development award
Forecast FY 2024 DRPS € 1.75 reiteratedAttachmentTrading update Q1 2024 Wereldhave N.V.
IMCD Spain expands its Pharmaceuticals presence with the acquisition of Cobapharma
Written by Customer Service on . Posted in Mergers And Acquisitions.
Photo_IMCD Spain expands its Pharmaceuticals presence with the acquisition of CobapharmaPhotographed from left to right:•Cristina Marti, Director API Sales and Strategy, IMCD Group•Gianluca Galimberti, General Manager, Cobapharma•Tess Hendriks, Legal Counsel M&A, IMCD Group•Fenna van Zanten, Director M&A, IMCD Group•Jose Alcover, Managing Director, IMCD Iberia & MaghrebROTTERDAM, The Netherlands 24 April 2024 – IMCD N.V. (“IMCD” or “Company”), a leading distributor of speciality chemicals and ingredients, today announces that IMCD Spain has signed an agreement to acquire 100% of the shares in Cobapharma, S.L.U, a European distributor in the pharmaceutical and nutraceutical industry.
Established in 2011 and headquartered in Barcelona, Spain, Cobapharma provides an extensive portfolio of Active Pharmaceutical Ingredients...
Harju Elekter Group financial results, 1-3/2024
Written by Customer Service on . Posted in Public Companies.
Commentary from the management
Harju Elekter’s 2024 began with more modest results than in the year before. In the longer term, however, it was still a strong first quarter. Despite our efforts to minimise seasonality, the Q1 and Q4 results tend to be weaker than the Q2 and Q3 results. In this year as well, the significant increase in production volumes started in March, and based on orders is expected to continue until the end of autumn.
The biggest contribution to the financial results originated from production in Lithuania, and from production in Estonia to some extent. The Finnish production unit has a number of activities ahead to restore its profitability, and we can be increasingly optimistic about the Swedish unit’s return to profitability, which has taken longer time than anticipated. Amendments to the Finnish national energy...
UPDATE – O2Gold Signs Definitive Agreement for Acquisition of Quebec Gold Mining Exploration Property; Announces Private Placement
Written by Customer Service on . Posted in Public Companies.
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TORONTO, April 23, 2024 (GLOBE NEWSWIRE) — O2Gold Inc. (NEX: OTGO.H) (“O2Gold” or the “Company”) is pleased to announce that it has entered into a share exchange agreement dated March 21, 2024 (the “Agreement”) with Quebec Aur Ltd., a private Ontario corporation, (the “Target”) and its shareholders, (the “Shareholders”) respecting the purchase of a gold mining exploration property in Quebec through the acquisition of all of the issued and outstanding shares of the Target from the Shareholders (the “Acquisition”). The property consists of 288 mining exploration claims in Quebec (collectively, the “Assets”). A map with further details of the Assets is provided below.
Pursuant to the Agreement, O2Gold has agreed to issue 5 million of its...
Xunlei Filed Its Annual Report on Form 20-F for Fiscal Year 2023
Written by Customer Service on . Posted in Public Companies.
SHENZHEN, China, April 24, 2024 (GLOBE NEWSWIRE) — Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading technology company providing distributed cloud services in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (the “SEC”) on April 23, 2024. The annual report can be accessed on the Company’s investor relations website at http://ir.xunlei.com or the SEC’s website at www.sec.gov.
About Xunlei
Founded in 2003, Xunlei Limited (NASDAQ: XNET) is a leading technology company providing distributed cloud services in China. Xunlei provides a wide range of products and services across cloud acceleration, shared cloud computing and digital entertainment to deliver an efficient, smart and safe internet experience.
Contact:Investor...
Vertex, Inc. Announces Pricing of Upsized $300 Million Convertible Senior Notes Offering
Written by Customer Service on . Posted in Public Companies.
KING OF PRUSSIA, Pa., April 23, 2024 (GLOBE NEWSWIRE) — Vertex, Inc. (NASDAQ: VERX) (“Vertex”), a leading global provider of indirect tax solutions, today announced the pricing of $300 million aggregate principal amount of 0.750% convertible senior notes due 2029 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The size of the offering was increased from the previously announced $250 million aggregate principal amount of notes. In connection with the offering of the notes, Vertex granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $45 million aggregate principal amount of notes. The sale...
Centessa Pharmaceuticals Announces Pricing of $100 Million Public Offering of American Depositary Shares
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BOSTON and LONDON, April 23, 2024 (GLOBE NEWSWIRE) — Centessa Pharmaceuticals plc (Nasdaq: CNTA), a clinical-stage pharmaceutical company that aims to discover and develop medicines that are transformational for patients, today announced the pricing of an underwritten public offering of 10,810,810 American Depositary Shares (“ADSs”), each representing one ordinary share, at a price to the public of $9.25 per ADS. The aggregate gross proceeds to Centessa from this offering are expected to be approximately $100 million, before deducting underwriting discounts and commissions and offering expenses payable by Centessa. All ADSs sold in the offering were offered by Centessa. The offering is expected to close on or about April 26, 2024, subject to customary closing conditions. Centessa has also granted the underwriters a 30-day option...
CORRECTION: Black Hawk Acquisition Corporation Welcomes Mr. Jonathan Ginsberg to Board
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DANVILLE, Calif., April 23, 2024 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Black Hawk Acquisitions Corporation (NASDAQ: BKHAU), please note that the second paragraph reference to Mr. Ginsberg meeting “the independent director standards of The Nasdaq Stock Market” has been removed. The corrected release follows:
Black Hawk Acquisition Corporation (NASDAQ: BKHAU, the “Company”) announced today the appointment of Mr. Jonathan Ginsberg, age 33, to serve as a director of the Company and its Chief Operating Officer.
Mr. Ginsberg has experience in international trade, education and investment. His diverse background in leadership roles, especially as President of BEEC Inc (BEEC), positions him as a valuable asset to Company’s board with no disclosed conflicts of interest or...