Day: December 13, 2024

On 13 December, the Supervisory Council of Tallinna Vesi approved the company’s investment plan for 2025, with planned investments amounting to €61 million.   The aim of the investments is to ensure the continuity and future-proofing of assets required for the provision of a vital water service. “These investments are directed towards the company’s core business to reduce the  impact of water consumption on the environment, ensure the continuity of our services, and enable the development of urban spaces,” explained Tarvi Thomberg, Chief Asset Management Officer at Tallinn Vesi. Key investments include the upgrading of treatment processes at the water treatment plant and the start of the implementation of new ozone technology. At the wastewater treatment plant, the mechanical screens will be reconstructed while...

Company Announcement No. 6-2024 Copenhagen, December 13, 2024. Inside information: Swiss Properties Invest revises the financial prognosis for 2024 raising revenue and earnings expectations The Board of Directors of Swiss Properties Invest has today reviewed an updated, un-audited financial prognosis for fiscal year 2024 as follows: Management expects annualized rental income from the nine (9) properties being approximately 50 % higher than what was anticipated for 2024 in the IPO budget, raising revenues from DKK 22,7m to an expected DKK 34m – 36m. EBITDA (Earnings before interest, tax, depreciations and appreciation of properties) is expected to be approximately 65% higher than what was anticipated for 2024 in the IPO budget raising EBITDA from DKK 13,3m to an expected DKK 22m – 24m. EBT (Earnings before tax) is expected to be approximately...

Jyske Bank has accepted a fine of just below DKK 24m for during the period from March 2010 to September 2021 not having complied with the requirements of the Danish Act on Measures to Prevent Money Laundering and Financing of Terrorism with respect to customer due diligence procedures and duty of inspection on 35 clients with mortgage loans in Southern Europe. The portfolio in question is a small liquidation portfolio at Jyske Bank’s Keyplan Mortgage unit, and the loans were established before 2012. The customers in question only have a mortgage and are making repayments on it, and they do not have access to payment accounts or other products in Jyske Bank. ”We immediately addressed the specific shortcomings in the handling of the mortgage loans when they became known. In general, we have a strong and comprehensive focus on the combating...

INVL Asset Management, the leading Baltic alternative asset manager, having merged the asset management company Mundus into itself, and will now directly manage the INVL Bridge Finance private debt fund. “We believe that consolidating the management of all funds under a single management company will enable us to leverage our human resources and extensive experience in the alternative investment market more effectively, thereby creating greater value for both investors and portfolio companies. Following the completion of reorganization, the company Mundus has ceased operations. Fund clients are not required to take any further actions,” says Paulius Žurauskas, the CEO of INVL Asset Management. INVL Bridge Finance is an open-ended fund for informed investors, established in March 2015. In February of last year, INVL Asset Management became...

Planisware enters the SBF 120 index Paris, France, 13 December, 2024 – Planisware, a leading B2B provider of SaaS in the rapidly growing Project Economy market, is pleased to announce it is entering the SBF 120 index. Following the quarterly review of Euronext Paris’ indices, the Euronext Paris Indices Expert Committee decided to include Planisware in one of the key indices of the Paris stock exchange, composed of the 120 largest stocks listed on Euronext Paris in terms of liquidity and market capitalization. Seven months after the company’s successful IPO, being included in this benchmark index is the result of a stock market performance driven by investor confidence. It also constitutes an important new phase for Planisware, which will be able to benefit from the positive effects of an enhanced visibility. This decision will...

Peter Wennink to succeed Jean-Marc Huët as Chair of the Supervisory Board Retirement of Supervisory Board member Maarten Das Appointment of Supervisory Board member Alexander de Carvalho Reappointment of Supervisory Board member Nitin ParanjpeAmsterdam, 13 December 2024 – The Supervisory Board of Heineken N.V. (HEINEKEN) announces that Peter Wennink, the Vice-Chair of the Supervisory Board, will assume the role of Chair of the Supervisory Board as per the Annual General Meeting (AGM) in April 2025. Mr. Wennink joined the Supervisory Board per the AGM in 2024 and is a valuable member of the Audit Committee, Remuneration Committee and Selection and Appointment Committee. Mr. Wennink has extensive executive and non-executive leadership experience, including as CEO of ASML until 2024 and as member of the Supervisory Board of VDL Group and...

HRC WORLD PLC NASDAQ FIRST NORTH, COPENHAGEN TICKER: HRCISIN: GB00BZ3CDY20 13 December 2024 INTERIM RESULTS TO 30 SEPTEMBER 2024 The Board of Directors of HRC World Plc (HRC), a company that provides restaurant management services especially in developing tourist-based and event-based revenues in member restaurants as well as implementation of HRC Music initiatives, is pleased to announce its interim results for the six months ended 30 September 2024, which is appended to this announcement. During the reporting period, the Group achieved a net profit of $135,115, reflecting steady progress in our operations. As of 30 September 2024, the Group maintained a strong cash position, with $863,476 in the bank. HRC World Plc continues to deliver restaurant management services to our member restaurants while improving the information technology...