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Day: June 7, 2024

Yara International: Fixed income investor meetings and contemplated bond issuance

Yara International ASA (“Yara”), rated BBB (stable) by S&P and Baa2 (stable) by Moody’s, has mandated Danske Bank as Sole Bookrunner to arrange a series of virtual fixed income investor meetings on Monday, 10 June 2024. Subject to market conditions, one or more NOK-denominated senior unsecured green bond issues with expected tenor(s) of minimum 5 years may follow. An amount equal to the net proceeds from the contemplated green bond issuance will be used in accordance with Yara’s Green Financing Framework. The Green Financing Framework and Second Party Opinion are available on Yara’s webpage: https://www.yara.com/investor-relations/share-and-debt-information/debt-financing/ For more information, please contact: Maria GabrielsenHead of Investor RelationsM: +47 952 90 093E: maria.gabrielsen@yara.com  Liv BerghHead of FundingM:...

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Insider Information: Nexstim Plc Announces Planned Alzheimer’s Collaboration with Sinaptica Therapeutics, Inc.

Company announcement, Helsinki, 7 June 2024 at 9 AM (EEST) Insider Information: Nexstim Plc Announces Planned Alzheimer’s Collaboration with Sinaptica Therapeutics, Inc. Nexstim Plc (NXTMH:HEX) (“Nexstim” or “Company”) announces that it has successfully negotiated and signed a Letter of Intent (LOI) to exclusively collaborate with Sinaptica Therapeutics, Inc. (“Sinaptica”) to develop, manufacture and supply Sinaptica’s patented precision neuromodulation system custom-based upon the Nexstim NBS 6 system with its advanced TMS-EEG and precision neuronavigation capabilities, in the field of Alzheimer’s Disease (AD). According to the LOI, the Sinaptica system will have a proprietary workflow, integrate a third-party EEG device, and connect to Sinaptica’s proprietary MAINTAIN™ cloud-based personalization engine...

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MT Højgaard Holding A/S: Enemærke & Petersen excercises call option for NemByg

MT Højgaard Holding’s business unit Enemærke & Petersen has entered into an agreement with the minority shareholders of Esbjerg-based construction group NemByg A/S for the acquisition of their 40% shareholding in the company effective 30 June 2024. The purchase price of approximately DKK 69 million is based on an earn-out model reflecting NemByg’s results and expected earnings until the end of the first half of 2024. Enemærke & Petersen acquired 60% of the shares in NemByg in June 2021 for DKK 41 million and entered into an options contract for the acquisition of all shares in NemByg in 2024. The call option is now exercised in a controlled ownership change. NemByg has developed well since the acquisition in 2021. In 2023, NemByg generated gross profit of DKK 81 million and operating profit (EBIT) of DKK 30 million. NemByg is...

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Vallourec joins the Dii Desert Energy Initiative to support energy transition in the Middle East and Africa

Press Release Vallourec joins the Dii Desert Energy Initiative to support energy transition in the Middle East and Africa Meudon (France), June 7, 2024 – Vallourec, a world leader in premium tubular solutions, announces its effective membership in Dii Desert Energy, a global organization dedicated to energy in the desert regions of the Middle East and North Africa (MENA). Consequently, the Group also joins the MENA Hydrogen Alliance, a collaborative network committed to the development of green hydrogen projects across this region. Created in 2020 by Dii Desert Energy, the MENA Hydrogen Alliance supports initiatives aimed at developing the hydrogen value chain. It brings together private and public industrial players as well as scientists and academics to stimulate the growth of the green hydrogen market. The network serves as a valuable...

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Concerning legal proceedings against UAB GetJet Airlines regarding a charter contract

AB Novaturas (hereinafter referred to as the Company) announces that on 7 June 2024 it filed a cassation appeal against the ruling of the Court of Appeal of Lithuania of 7 March 2024 and the judgment of Vilnius Regional Court of 11 September 2023 passed in relation to the case between the Company and UAB GetJet Airlines (hereinafter referred to as GetJet) concerning the circumstances related to the performance of the charter contract of 3 December 2018 (hereinafter referred to as the Contract). Having evaluated the ruling of the Court of Appeal of Lithuania and the arguments relating thereto, the Company filed a cassation appeal with the Supreme Court of Lithuania requesting to alter the ruling of the Court of Appeal of Lithuania and the judgment of Vilnius Regional Court by annulling the parts of the ruling and the judgment which partially...

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Quebec Government tables Bill 69

THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, June 07, 2024 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE: QEC) reported that the Quebec Ministry of Economy, Innovation and Energy (the “Ministry”) tabled in the Quebec National Assembly Bill 69, An Act to ensure the responsible governance of energy resources and to amend various legislative provisions (“Bill 69”). A copy of the legislation is available online: https://www.assnat.qc.ca/en/travaux-parlementaires/projets-loi/projet-loi-69-43-1.html. As reported by the Ministry, the centerpiece of the proposed legislation is an integrated energy resource management plan to promote energy development in Quebec. Among other...

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Powering Up Rexel to the next level

Powering Up Rexel to the next level Update on medium-term roadmap and upgraded financial targets presented at Capital Markets Day Rexel is hosting today from 10.15AM CEST a Capital Markets Day in Paris to present an update on its strategic roadmap and unveil its new and upgraded medium-term financial ambitions. Over the past few years, Rexel has built a very strong foundation based on the combination of several building blocks which together constitute a winning formula:Tech-driven operations, making best use of digital, AI and automationA wide array of value-added services that greatly expand our traditional role and address our customers’ most pressing challenges A consistent focus on sustainability Value-creating M&A Engaged associates with strong expertise and customer focus A track record of executing and deliveringGoing...

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Ipsen and Marengo Therapeutics announce second strategic partnership to advance precision T cell engagers from Marengo’s Tri-STAR platform

Using Marengo’s TriSTAR platform, Ipsen and Marengo teams expand their ongoing oncology research to include up to two additional assets in new early development collaboration Research will focus on using Marengo’s TriSTAR platform to reinvigorate and mobilize selective Vβ T cells to boost anti-tumor activity in patients with traditionally difficult-to-treat ‘cold’ tumorsPARIS, FRANCE, and CAMBRIDGE, MA, U.S., 07 June 2024 – Ipsen (Euronext: IPN; ADR: IPSEY) and Marengo Therapeutics Inc, a clinical-stage biotech company, announced today the expansion of their ongoing oncology research partnership, to include TriSTAR, Marengo’s next-generation, precision T cell engager (TCE) technology. Traditional TCEs targeting ‘cold’ tumors have limited efficacy due to poor T cell quality and exhaustion. Marengo’s proprietary first-in-class TriSTAR...

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