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Month: July 2024

KPN nominates Rob Shuter to Supervisory Board

KPN’s Supervisory Board is pleased to announce the nomination of Mr Rob Shuter for appointment to the Supervisory Board. Rob Shuter (56) is a seasoned executive who has spent his career in the telecommunications and financial services industries. He was CEO Enterprise at BT between 2021 and 2023, Group CEO of MTN Group (South Africa) from 2017 to 2020, CEO of Vodafone Europe (2015-2016) and Vodafone Netherlands (2012-2016) and CFO of Vodacom South Africa (2009-2011). Prior to that, Mr. Shuter spent several years in executive roles in the financial services industry. Currently Shuter serves as a non-executive director of Drax Group Plc, Sir Fruit (Pty) Ltd and is member of the board of trustees of the Duke of Edinburgh’s Award. Mr. Shuter holds British and South African nationality. With his extensive track record in several telecom...

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Change in QPR Software Plc’s Management: CFO Mervi Kerkelä-Hiltunen leaves the company

QPR SOFTWARE PLC                   STOCK EXCHANGE RELEASE       11 July 2024 at 9:00 AM EET QPR Software Plc’s CFO Mervi Kerkelä-Hiltunen has resigned and will continue her career outside the company. Kerkelä-Hiltunen will remain as CFO of QPR Software until early October 2024. The company will immediately initiate the process to appoint Kerkelä-Hiltunen’s successor.  “I want to thank Mervi for her dedication and valuable contribution. Under her leadership, the finance function has crucially supported our company’s turnaround and development. I wish Mervi success in her new endeavors,” said QPR Software Plc’s CEO Heikki Veijola. For further information:  Heikki Veijola  Chief Executive Officer  QPR Software Plc  Tel. +358 40 922 6029 QPR Software in Brief  QPR Software (Nasdaq Helsinki) is a...

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Huhtamaki publishes 2024 Half-yearly Report on July 25, 2024

HUHTAMÄKI OYJ PRESS RELEASE 11.7.2024 AT 09:00 EEST Huhtamäki Oyj will publish its 2024 Half-yearly Report on Thursday, July 25, 2024 at approximately 8:30 (EEST). The release and related results presentation material will be available after publishing at www.huhtamaki.com/investors. Huhtamaki will arrange a combined audiocast and teleconference on the same day at 9:30 EEST. Huhtamaki’s CEO & President Charles Héaulmé and CFO Thomas Geust will present the results, followed by a Q&A session. The event will be held in English and it can be followed in real-time. A link to the audiocast is available at: https://huhtamaki.videosync.fi/q2-2024/ A link to the teleconference is available at: https://palvelu.flik.fi/teleconference/?id=50048358. Registration is required for the teleconference. After the registration you will be provided...

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Nokia to publish second-quarter and half-year financial report on 18 July 2024

Press Release Nokia to publish second-quarter and half-year financial report on 18 July 2024 11 July 2024Espoo, Finland – Nokia will publish its second-quarter and half-year financial report on 18 July 2024 at approximately 8 a.m. Finnish time (EEST). The report will be made available on the Nokia website immediately after publication. Nokia only publishes a summary of its financial reports in stock exchange releases. The summary focuses on Nokia Group’s financial information as well as on Nokia’s outlook. The detailed, segment-level discussion will be available in the complete financial report hosted at www.nokia.com/financials. A video interview summarizing the key points of our Q2 results will also be published on the website. Investors should not solely rely on summaries of Nokia’s financial reports, but should also...

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Ipsen and Foreseen Biotechnology announce exclusive global licensing agreement for antibody-drug conjugate with first-in-class potential

Exclusive global rights secured for development, manufacture and commercialization of FS001, completing final stages of pre-clinical development with first-in-class potentialFS001 targets a novel tumor associated antigen, highly expressed across a range of solid tumors, identified through the application of Foreseen’s proprietary proteomic platformsFS001 has demonstrated robust preclinical efficacy in multiple tumor models and exhibits a favorable preclinical safety profilePARIS, FRANCE, 11 July 2024 – Ipsen (Euronext: IPN; ADR: IPSEY) and Foreseen Biotechnology (Foreseen) today announced an exclusive global licensing agreement for FS001, an antibody-drug conjugate (ADC) with first-in-class potential. FS001 targets a novel tumor-associated antigen that is overexpressed in many solid tumors and plays a critical role in tumor...

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Kitron: Q2 2024 – Robust profitability and positive outlook despite sector challenges

(2024-07-11) Kitron today reported quarterly figures that reflect the company’s ability to maintain operating margins in line with the company’s strategic target despite sector challenges. Kitron’s revenue for the second quarter was EUR 167.6 million, compared to 206.3 million last year. There was strong growth within the Defence/Aerospace market sector, while other market sectors declined. Second-quarter operating profit (EBIT) was EUR 15.0 million, compared to 19.2 million last year. EBITDA was EUR 19.6 million, compared to 23.5 million last year. Profitability expressed as EBIT margin was 8.9 per cent, compared to 9.3 per cent last year. The order backlog ended at EUR 454.5 million, a decrease of 15 per cent compared to last year but an increase of 2 per cent from the preceding quarter. Peter Nilsson, Kitron’s...

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TomTom and East View Geospatial partner to deliver global maps to the Australian Government

TomTom and East View Geospatial offer solutions to support the public sector based on TomTom Orbis Maps, featuring global coverage and superior map richnessTomTom and East View Geospatial partner to deliver global maps to the Australian GovernmentTomTom and East View Geospatial partner to deliver global maps to the Australian GovernmentAMSTERDAM, July 11, 2024 (GLOBE NEWSWIRE) — TomTom (TOM2), the location technology specialist, and East View Geospatial (EVG) today announced their collaboration to supply global map data to the Australian Government Department of Defence. Governments rely on accurate maps for a variety of purposes. From mitigating natural disasters to carrying out national security functions, precise and current geospatial information is crucial for effective decision-making. This information supports...

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Cornish Metals Commences 2nd Phase of Shaft Refurbishment at the South Crofty Tin Project in Cornwall, United Kingdom

VANCOUVER, British Columbia, July 10, 2024 (GLOBE NEWSWIRE) — Cornish Metals Inc. (AIM/TSX-V: CUSN) (“Cornish Metals” or the “Company”), a mineral exploration and development company focused on advancing its 100% owned and permitted South Crofty tin project in Cornwall, United Kingdom, is pleased to announce it has commenced the second phase of shaft refurbishment at the project. HighlightsRefurbishment of New Cook’s Kitchen (“NCK”) shaft is progressing as planned with the on-schedule installation of the Phase 2 work platform, enabling faster replacement of old shaft timbers with new steel guides; The water level in NCK shaft continues to be maintained at approximately 280 metres below surface and the treated water being discharged to the Red River is consistently well within the permitted standards; The 14-hole Wide Formation...

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Mullen Group Ltd. Announces Closing of Private Placement Notes Offering and Updated Bank Credit Facilities

OKOTOKS, Alberta, July 10, 2024 (GLOBE NEWSWIRE) — (TSX: MTL) Mullen Group Ltd. (“Mullen Group”, “We”, “Our” and/or the “Corporation”) announces that it has closed its previously announced private placement (the “Offering”) of approximately CAD$400.0 million aggregate principal amount senior secured notes due July 10, 2034 (the “Notes”). The Notes consist of an aggregate principal amount of US$75.0 million with a yield of 6.50% per annum and CAD$300.0 million with a yield of 5.93% per annum. The Notes are guaranteed by Mullen Group’s subsidiaries, MT Investments Inc. and MGL Holding Co. Ltd. (each, a “Guarantor”) and secured by a first ranking charge over all present and after-acquired property of the Corporation and each Guarantor (the “Security”). Mullen Group intends to use the net proceeds from the Offering to repay its existing...

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