Day: June 13, 2024

Aalst, Belgium, 13 June 2024 – Today, Ontex Group NV (Euronext: Ontex), a leading international developer and producer of personal care products, announces the intention to restructure its Belgian production and distribution activities, as part of its strategic transformation to strengthen its competitive position in the European market. This intended restructuring would entail the closure of the Eeklo site, as well as the transformation of the Buggenhout site into a Center of Excellence for research, development and production of medium & heavy incontinence care products, enabled by investments in the range of €40 million. The intended restructuring would lead to the reduction of 489 employees in Eeklo and Buggenhout, bringing the total workforce in Belgium to 569 positions, spread over the Buggenhout and Aalst sites. Gustavo Calvo...

13 June 2024 CHANGES TO THE BOARD AND COMMITTEE COMPOSITION PayPoint plc (the ‘Company’) today announces that Gill Barr has confirmed that she plans to retire from the Board and will not stand for re-election at the Company’s 2024 Annual General Meeting (‘AGM’) to be held on 1 August 2024 having completed nine years’ service on the Board. In addition, Guy Parsons has confirmed that he plans to retire from the Board and will not stand for re-election at the Company’s 2024 Annual General Meeting (‘AGM’) to be held on 1 August 2024 having supported the successful integration of the Love2Shop acquisition. The following changes to the Board’s Committees have also been approved by the Board: Ben Wishart will succeed Rakesh Sharma as Chair of the Remuneration Committee with effect from the conclusion...

Stellantis Reiterates 2024 Financial Guidance and H1/H2 ColorUpdated Capital Framework Supports Strong Returns AMSTERDAM, June 13, 2024 – Today at the first Stellantis Investor Day at 8:00 a.m. EDT / 2:00 p.m. CEST in Auburn Hills, Michigan, U.S., CEO Carlos Tavares will outline the Company’s nine key strategic differentiators that the Company is leveraging to unlock value and address the disruption and reinvention of the auto industry worldwide. Chief Financial Officer Natalie Knight and other members of the Top Executive Team will share updates on the Company’s regions, functions and brands. Stellantis management confirms its 2024 financial guidance and capital return plan:Double-digit Adjusted Operating Income (AOI) margin and positive industrial free cash flows. Capital Return: Delivering ≥€7.7 billion in dividends and buybacks...

Mondelēz x Lotus Biscoff®Love at first biteMondelēz to manufacture, market, distribute and sell Lotus Biscoff® brand in India, significantly expanding its presence in the Indian cookie market Companies to develop co-branded chocolate innovations combining Biscoff® with Cadbury, Milka and other key brands in Europe, with option to expand globallyCHICAGO and LEMBEKE, Belgium, June 13, 2024 (GLOBE NEWSWIRE) — Mondelēz International (Nasdaq: MDLZ) and Lotus Bakeries (Euronext: LOTB) today announced a strategic partnership to expand and grow the Lotus Biscoff® cookie brand in India, and to develop exciting new chocolate products combining the unique, caramelized, crunchy Biscoff® taste and texture with Mondelēz’s iconic Cadbury, Milka and other key chocolate brands in Europe, with the option to expand globally. This partnership...

Multitude Capital Oyj successfully places EUR 80 million in senior guaranteed unsecured bonds Helsinki, 13 June 2024 – Multitude SE (“Multitude” or the “Group”) is pleased to announce the successful placement of an EUR 80 million senior unsecured bonds (NO0013259747) with maturity in July 2028 (the “Bonds”). The Bonds will be issued by Multitude Capital Oyj, a wholly owned Finnish subsidiary of Multitude SE. Multitude SE will act as guarantor of the new Bonds. The net proceeds from the Bonds will be used towards refinancing Multitude SE’s outstanding senior bonds maturing in December 2025 (NO0012702549), for which a call option has been exercised simultaneously, and general corporate purposes of the Group. A separate call notice of the outstanding senior bond will follow in due course. The Bond issuance saw strong demand from both existing...

Nokia CorporationStock Exchange Release13 June 2024 at 08:00 EEST Nokia announces changes to its Group Leadership TeamNokia appoints Lorna Gibb as Chief People Officer and member of the Group Leadership Team Ricky Corker, Chief Customer Experience Officer, to leave the company due to recent operational model changeEspoo, Finland – Nokia today announced the appointment of Lorna Gibb as Chief People Officer and member of the Group Leadership Team, effective immediately. In addition, Ricky Corker, who has served as Nokia’s Chief Customer Experience Officer since 2021, will step down and leave the company effective June 28, 2024. Lorna Gibb joined Nokia in 2020 and has been Nokia’s Interim Chief People Officer since March 2024. Prior to this role she served as Vice President, Labor and Employment, being a member of Nokia’s People and...

Multitude SE announces its intention to voluntarily redeem all outstanding senior bonds due 2025 Helsinki, 13 June 2024 – Multitude SE (the “Company“) announces its intention to exercise its right to redeem all outstanding senior unsecured floating rate bonds maturing in December 2025 (ISIN NO0012702549) (the “Bonds”), in accordance with Clause 9.3 (Voluntary Total Redemption (call option)) of the terms and conditions of the Bonds (the “Terms and Conditions“). Terms defined in the Terms and Conditions shall have the same meaning in this press release unless given a different meaning herein. The redemption date will be 8 July 2024 (the “Redemption Date”). The redemption amount for each Bond shall be the applicable call option amount (being 103.75 per cent. of the Nominal Amount), plus accrued but unpaid Interest,...

Technip EnergiesTechnip EnergiesTechnip Energies (PARIS:TE), leader of a joint venture (TJN RUWAIS JV) with JGC and NMDC Energy, have been awarded a major contract(1) by ADNOC for the engineering, procurement and construction (EPC) of the lower-carbon Ruwais LNG project, located in Al Ruwais Industrial City, Abu Dhabi. The project will consist of two natural gas liquefaction trains with a total LNG production capacity of 9.6 Mtpa(2). The plant will use electric-driven motors instead of conventional gas turbines and will be powered by clean energy. The plant is set to be the first LNG export facility in the Middle East and North Africa (MENA) region to run on clean power, making it one of the lowest-carbon intensity LNG plants in the world. The project will more than double ADNOC’s LNG production capacity aligning with...

On June 12, 2024, Hepsor U34 SIA, Hepsor AS group company, and Latvian affiliate of Bigbank AS signed a loan agreement for the amount of 9 million euros. The purpose of the loan is to finance the construction of StokOfiss 34 development project in Riga. In addition to the bank, financial investors are also involved in financing the development project, with a total investment amount of 1.7 million euros. The development will consist of a commercial building with office, commercial, and warehouse space totalling approximately 8,740 square meters. Completion is planned for the third quarter of 2025. StokOfiss U34 is designed with Hepsor’s green mindset in mind, and the building has been issued an energy class A and BREEAM sustainability certificate at the “Very good” level. Additional Information: StokOfiss U34 is the second...

EDMONTON, Alberta, June 12, 2024 (GLOBE NEWSWIRE) — Regenx Tech Corp., (the “Corporation” or “Regenx“) (CSE: RGX) (OTCQB: RGXT) (FSE: YRS WKN: A2DSW3) announces the results of its Annual General and Special Meeting held today. All the resolutions proposed to the shareholders detailed in the Management Information Circular dated the 29th of April, 2024 were duly passed. The resolutions which were passed included:The following five (5) incumbent directors were re-elected for the coming year:Greg PenduraDarcy ThieleRick PurdyHarvey GranatierCurtis Sparrow;The appointment of Gallo LLP, Chartered Professional Accountants as Auditors of the Company; The consolidation of share capital.Further to its March 26, 2024 and June 10, 2024 news releases, effective on Tuesday, ‎June 18, 2024, the Corporation will...