Month: May 2024
The main business activity of Trigon Property Development AS is real estate development. As at 31.03.2024, AS Trigon Property Development owned one development project with an area of 12.8 hectares in the City of Pärnu, Estonia. A commercial, industrial and logistics park is planned on this area. The Company’s objective is to find companies willing to bring their business activities (industry, logistics) to the development project area of AS Trigon Property Development in Pärnu, which would add value to the land plots owned by the Company. As the main purpose of the company is to sell existing land plots, investment property was recognized as inventories.
In the third quarter of 2023, a 0.53-hectare transportation purpose land was sold for 26,580 euros (excluding VAT).
Condensed statement of financial position as of 31 March 2024 delivered...
Municipality Finance issues EUR 11 million notes under its MTN programme
Written by Customer Service on . Posted in Public Companies.
Municipality Finance PlcStock exchange release 31 May 2024 at 10:00 am (EEST)
Municipality Finance issues EUR 11 million notes under its MTN programme
Municipality Finance Plc issues EUR 11 million notes on 3 June 2024. The maturity date of the notes is 31 May 2039. MuniFin has a right, but no obligation, to redeem the notes early on 31 May 2029. The notes bear interest at a fixed rate of 3.718% per annum.
The notes are issued under MuniFin’s EUR 50 billion programme for the issuance of debt instruments. The offering circular, the supplemental offering circular and the final terms of the notes are available in English on the company’s website at https://www.kuntarahoitus.fi/en/for-investors.
MuniFin has applied for the notes to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The public trading...
Suominen to initiate a restructuring program including changes in Executive Management Team
Written by Customer Service on . Posted in Public Companies.
Suominen Corporation’s stock exchange release on May 31, 2024 at 10:00 a.m. EEST
As part of the ongoing transformation journey Suominen initiates a restructuring program to reposition the company toward profitable growth. The program is expected to generate annualized savings of EUR 1,5 million with a one-time cost of EUR 2 million and the program is expected to be closed before the end of September 2024. The restructuring program is expected to result in a termination of up to 10 positions in the headquarters and global support functions. The impact will be gradual and in full effect in 2025.
“We have been leading our transformation with a systematic and holistic approach since last year. Our new operating model was announced late last year and today our business areas are responsible for both commercial and supply chain, and with...
European Energy A/S: Interim report Q1 2024 – setting the stage for future growth
Written by Customer Service on . Posted in Public Companies.
Company announcement 11/2024 (31.05.2024)
European Energy A/S announces its financial report for Q1 2024.
Highlights:2024 equity raise: The first quarter of 2024 was marked by the agreement with Mitsubishi HC Capital to acquire a 20% stake in European Energy. The agreement, signed on 19 January and concluded on 16 April, brings a capital injection of EUR 700m. The funding will enable the company to make more long-term and value-creating decisions on investments and divestment.
Record Electricity Generation: In Q1 2024, we produced 555 GWh of wind and solar power, an increase of 51% compared to Q1 2023.
In Q1 2024, the development pipeline increased by 15% to 38.4 GW compared to last year, while assets under construction were stable at around 1GW.
PPA from a 1.1 GW solar plant concluded with Rio Tinto in Australia.
Q1 EBITDA of EUR -4m,...
Unaudited financial results of VILVI GROUP for the first three months of 2024
Written by Customer Service on . Posted in Public Companies.
According to preliminary unaudited data, consolidated sales revenue of VILVI GROUP for three months of 2024 amounted to EUR 56.2 million – 4.7 % increase comparing to the same period last year (sales revenue for the first three months of 2023 amounted to EUR 53.7 million).
The Group earned EUR 4.9 million net profit over the first three months of 2024 or 3.3 times higher than in the same period last year (net profit for the first quarter of 2023 was EUR 1.5 million).
Vilija MilaseviciuteDirector of Economics and FinancePhone: +370 441 55 102AttachmentThe results of three months 2024
STMicroelectronics to build the world’s first fully integrated silicon carbide facility in Italy
Written by Customer Service on . Posted in Public Companies.
PR N° C3262C
STMicroelectronics to build the world’s first fully integratedsilicon carbide facility in ItalyNew high-volume 200mm silicon carbide manufacturing facility for power devices and modules, as well as test and packaging, to be built in Catania, ItalyProjected 5 billion euros multi-year investment program including 2 billion euros support provided by the State of Italy in the framework of the EU Chips ActCatania Silicon Carbide Campus realizes ST’s plan for fully vertically integrated SiC capabilities from R&D to manufacturing, from substrate to module, on one site, enabling automotive and industrial customers in their shift to electrification and higher energy efficiency.Geneva, Switzerland, May 31, 2024 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics...
Prospera Energy Inc. Announces Q1 2024 Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
CALGARY, Alberta, May 31, 2024 (GLOBE NEWSWIRE) — Prospera Energy Inc. (“Prospera” or the “Corporation“) (PEI: TSX-V; OF6A: FRA)
Traditionally, Q1 of every year has been burdened by severe cold weather conditions in western Canada and this year was no exception. Consequently, Prospera’s 2023 exiting peak rates of 1,800 boepd were affected by Q1 2024 PEI cold weather conditions. However, PEI was significantly better positioned to resume production on a much quicker timeline than in the same period the year before. In Q1 2024 Prospera continued to focus on operations stability and stable production. Q1 2024 financial highlights are as follows:PEI realized average gross sales of 935 boe/d gross (net 640 boe/d) in Q1 2024, an increase of 158% from Q1 2023 gross sales of 363 boe/d (net 295 boe/d). The increase...
Nyxoah Announces Closing of Offering and Partial Exercise of Option to Purchase Additional Shares
Written by Customer Service on . Posted in Public Companies.
INSIDE INFORMATIONREGULATED INFORMATION
Nyxoah Announces Closing of Offering and Partial Exercise ofOption to Purchase Additional Shares
Mont-Saint-Guibert, Belgium – May 31, 2024, 8:00am CET / 2:00am ET – Nyxoah SA (Euronext Brussels/ Nasdaq: NYXH) (“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today announced the closing of its previously announced underwritten public offering in the United States, which included shares sold in a private offering to certain qualified or institutional investors outside the United States, including within the European Union, in which 5,374,755 shares of its ordinary shares were sold at an offering price of $9.25 (EUR 8.54) per share, before underwriting discounts and commissions....
Multitude SE: Fixed-income investor meetings
Written by Customer Service on . Posted in Public Companies.
Multitude SE: Fixed-income investor meetings
Helsinki, 31 May 2024 – Multitude SE, a listed European FinTech company, offering digital lending and online banking services to consumers, small and medium-sized businesses, and other FinTechs (ISIN: FI4000106299, WKN: A1W9NS) has mandated Arctic Securities and Pareto Securities to arrange a series of fixed-income investor meetings commencing 31 May 2024. Subject to inter alia market conditions, a new 4-year unsecured bond issue of up to EUR 100 million may follow. The new bond is expected to be issued by a Finnish company to be established, Multitude Capital Oyj, which will be wholly owned by Multitude SE. The new bond is expected to be guaranteed by Multitude SE. Net proceeds from the contemplated transaction will be used towards refinancing Multitude SE’s EUR 50 million senior unsecured...
Invitation to a presentation to investors of a EUR 10 million public offering of Invalda INVL bonds
Written by Customer Service on . Posted in Public Companies.
Invitation to a presentation to investors of a EUR 10 million public offering of Invalda INVL bonds
Invalda INVL invites shareholders, investors, analysts and all those interested to the presentation of a EUR 10 million public bond offering on 6 June 2024 at 4 p.m. The presentation will take place remotely and in English.
Invalda INVL CEO Darius Šulnis and INVL Asset Management CEO Paulius Žurauskas will speak about the bond issue of the public offering as of 3 June 2024 and its objectives. After that, they will answer participants’ questions.
Questions may be submitted in advance in English by e-mail to egle.dziugyte@sb.lt or via the registration link.
How to join the online event
We kindly ask all those who wish to participate in the video conference to register here. Once you have successfully registered, you will receive a link to...