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Day: October 18, 2024

Sampo plc’s share buybacks 17 October 2024

Sampo plc, stock exchange release, 18 October 2024 at 8:30 am EEST Sampo plc’s share buybacks 17 October 2024 On 17 October 2024, Sampo plc (business code 0142213-3, LEI 743700UF3RL386WIDA22) has acquired its own A shares (ISIN code FI4000552500) as follows:                Sampo plc’s share buybacks Aggregated daily volume (in number of shares) Daily weighted average price of the purchased shares* Market (MIC Code)  4,168 41.68 AQEU          36,033 41.69 CEUX  412 41.69 TQEX  49,202 41.68 XHELTOTAL 89,815 41.69  *rounded to two decimals                 On 17 June 2024, Sampo announced a share buyback programme of up to a maximum of EUR 400 million in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052. On 16 September 2024, the Board of Directors of...

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Interim report 2024, January – September

Third quarterOrder intake for the third quarter increased by 37% to SEK 677 m (492). Organically, order intake decreased by 8% and currency translations affected by -4% Net sales increased slightly to SEK 792 m (789). Organically, net sales decreased by 30%, acquired growth was 31% and currency translations affected by -1% Adjusted EBIT reached SEK 194 m (226), equal to a 24.5 % (28.7) adjusted operating margin EBIT reached SEK 163 m (223), equal to a 20.6% (28.2) operating margin Adjusted profit after tax totaled SEK 126 m (176) and adjusted basic earnings per share was SEK 2.51 (3.77) Profit after tax totaled SEK 95 m (172) and basic earnings per share was SEK 1.89 (3.69) Cash flow from operating activities amounted to SEK 205 m (167)First nine monthsOrder intake for the first nine months increased by 2% to SEK 1,918 m (1,877)....

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Coop Pank unaudited financial results for Q3 2024

By the end of the Q3 2024, Coop Pank had 202,000 customers, increased by 6,000 customers in the quarter (+3%) and by 27,000 in the year (+15%). The bank had 90,100 active customers, increased by 600 (+1%) in the quarter and by 12,700 (+16%) in the year. In Q3 2024, volume of deposits in Coop Pank increased by 99 million euros (+6%), reaching total of 1.84 billion euros. Deposits from private clients increased by 9 million euros: demand deposits increased by 3 million euros and term deposits increased by 6 million euros. Deposits from domestic business customers increased by 11 million euros: demand deposits increased by 17 million euros and term deposits decreased by 6 million euros. Deposits from the international deposit platform Raisin and other financing increased by 79 million euros. Compared to Q3 2023, volume of Coop Pank’s...

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Tims China Joins ESG Global Leaders Summit

SHANGHAI, Oct. 17, 2024 (GLOBE NEWSWIRE) — TH International Limited (NASDAQ THCH), the exclusive operator of Tim Hortons coffee shops in China (“Tims China” or the “Company”) participated in the Fourth ESG Global Leaders Summit in Shanghai this week. Tims China was the coffee sponsor of the conference, showcasing its innovations in the sustainable consumer sector in China. Yongchen Lu, CEO of Tims China, took part in a panel discussion titled “Consensus on New Green Consumption Concepts.”(From left to right: the thematic panel, Yongchen Lu during the panel discussion, Tims China coffee booth, guests in line for Tims China coffee) Yongchen commented “Tims China is consistently and keenly focused on sustainable development. From recyclable coffee cups and packaging materials to the use of coffee grounds and pre-used...

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Maxim Power Corp. Announces Voluntary Repayment of Senior Credit Facility

CALGARY, Alberta, Oct. 17, 2024 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today the voluntary repayment of amounts owing within the Senior Credit Facility. The Corporation has voluntarily repaid the outstanding principal on both the Fixed Rate Construction Facility and the Bank Term Facility #1, within the Senior Credit Facility, for a total principal repayment of $49.9 million. As a result, the Fixed Rate Construction Facility and the Bank Term Facility #1 are reduced to nil and no longer available. There are no other changes to the Senior Credit Facility and as such, the combined capacity of Revolver Facility #1 and Letter of Credit Facility #1 remain unchanged at $19.1 million, with $6.2 million currently used to issued cash collateralized letters of credit....

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Maxim Power Corp. Announces Voluntary Repayment of Senior Credit Facility

CALGARY, Alberta, Oct. 17, 2024 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today the voluntary repayment of amounts owing within the Senior Credit Facility. The Corporation has voluntarily repaid the outstanding principal on both the Fixed Rate Construction Facility and the Bank Term Facility #1, within the Senior Credit Facility, for a total principal repayment of $49.9 million. As a result, the Fixed Rate Construction Facility and the Bank Term Facility #1 are reduced to nil and no longer available. There are no other changes to the Senior Credit Facility and as such, the combined capacity of Revolver Facility #1 and Letter of Credit Facility #1 remain unchanged at $19.1 million, with $6.2 million currently used to issued cash collateralized letters of credit....

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Tims China Announces Q3 2024 Results Date & Conference Call

SHANGHAI, and NEW YORK, Oct. 17, 2024 (GLOBE NEWSWIRE) — TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops in China, plans to release its third quarter results before market opening on Tuesday November 12, 2024, with a conference call to follow at 8:00 AM EST or 9:00 PM China Standard Time. The conference call will be webcast, and can be accessed on the company website at https://ir.timschina.com/events-presentations/presentations-webcasts. ABOUT TH INTERNATIONAL LIMITED TH International Limited (Nasdaq: THCH) (“Tims China”) is the parent company of the exclusive master franchisees of Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. Tims China was founded by Cartesian Capital Group and Tim Hortons Restaurants International, a subsidiary of Restaurant Brands...

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