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Year: 2024

WeRide Inc. Announces Pricing of Initial Public Offering

NEW YORK, Oct. 25, 2024 (GLOBE NEWSWIRE) — WeRide Inc. (“WeRide” or the “Company”) (Nasdaq: WRD), a global leader and a first mover in the autonomous driving industry, today announced the pricing of its initial public offering of 7,742,400 American depositary shares (“ADSs”), each representing three Class A ordinary shares of the Company, at a price to the public of US$15.50 per ADS. The ADSs have been approved for listing and are expected to begin trading on the Nasdaq Global Select Market on October 25, 2024, under the ticker symbol “WRD.” The offering is expected to close on October 28, 2024, subject to customary closing conditions. In addition, the Company has granted the underwriters an option, exercisable within 30 days from the date of the final prospectus, to purchase up to an aggregate of 1,161,360 additional ADSs. Concurrently...

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Abits Group Inc Announces Deployment of 500 S19XP Machines, Adding 70,500 TH to Operations

Hong Kong, Oct. 25, 2024 (GLOBE NEWSWIRE) — Abits Group Inc. (NASDAQ: ABTS), a leading digital data center operator specializing in Bitcoin self-mining operations in the United States, is pleased to announce the deployment of 500 state-of-the-art S19XP mining machines at its Duff, Tennessee site. These new additions will enhance the company’s total hash rate by 70,500 terahashes (TH), significantly boosting operational capacity. The S19XP machines, recognized for their efficiency and performance in Bitcoin mining, are scheduled to be fully operational by the end of October 2024. This strategic expansion marks a pivotal step in Abits Group’s continued growth and commitment to strengthening its position as a key player in the U.S. Bitcoin mining landscape. About Abits Group Inc. Abits Group Inc. (NASDAQ: ABTS) is a U.S.-based digital...

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Lleida.net increases sales and EBITDA according to audited results for the first half of 2024

Madrid, October 25.- Technology services quoted company Lleida.net (BME:LLN) (EPA:ALLN) (OTCQX:LLEIF) recorded sales of 9.57 million euros in the first half of 2024, according to audited data presented by the company to the market today. This figure represents a 10% increase in sales compared to the same period in 2023, when sales of the ICX Wholesale line accounted for 38% of the company’s revenues. In the first six months of the year, the listed company recorded EBIDTA of 1.38 million, with operating income of €389,000 and pre-tax income of €261,000, or a 130% increase over the same half of 2023. EBITDA, 476% higher than in the first half of 2023, signals a return to profit after the implementation of a strict Recovery Plan at the end of last year. The company has put all its efforts in 2024 into maintaining and improving margins...

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Syensqo successfully completes its share purchase program

Syensqo successfully completes its share purchase program Brussels, Belgium – October 25, 2024 08:30 CEST  Syensqo is pleased to announce the successful completion of its share purchase program. The program, launched on June 25,  2024, was concluded on October 23,  2024. In total, 983,000 shares were purchased, representing approximately 0.93% of the Company’s outstanding shares. The share purchase program, authorized by the Syensqo Board of Directors, was designed to cover current and future obligations under the Company’s current Long Term Incentive Plans for its employees. Over the duration of the program, Syensqo invested a total of EUR 74.35 million at an average purchase price of EUR 75.64 per share.  Final weekly update In accordance with article 8:4 of the Royal Decree of 29 April 2019 executing the Belgian Code of Companies...

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Invitation to BTS Q3 2024 presentation and conference call

P R E S S  R E L E A S E Stockholm, October 25, 2024 Invitation to BTS Q3 2024 presentation and conference call STOCKHOLM, SWEDEN – BTS Group AB (publ), a leading global strategy implementation firm, invites investors, analysts and business media to its interim report presentation and conference call with CEO Jessica Skon on Friday, November 8 at 09.30 am CET. The presentation can be followed on the web at: https://ir.financialhearings.com/bts-group-q3-report-2024 If you wish to ask questions verbally, please register via the link below. After registration, you will receive the phone number and conference ID to participate in the conference call. https://conference.financialhearings.com/teleconference/?id=50049918 The report will be published at 06.30 am CET the same day. The presentation and slides will be available later at...

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US District Court for the Southern District of New York orders a new trial on compensatory damages in Atos’ litigation with TriZetto

Press Release US District Court for the Southern District of New York orders a new trial on compensatory damages in Atos’ litigation with TriZetto Paris, France – October 25, 2024 On October 23, 2024, as part of Syntel’s ongoing litigation with Cognizant and its subsidiary TriZetto, the United States District Court for the Southern District of New York ordered a new trial as to what compensatory damages Syntel, now part of Atos, would be liable for due to Syntel’s alleged trade secret misappropriation and copyright infringement. As a reminder, the case began in 2015, before Syntel’s acquisition by Atos in 2018. On May 25, 2023, the United States Second Circuit Court of Appeals vacated the decision rendered by the United States District Court for the Southern District of New York in October 2020, finding Syntel liable for damages due...

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Digitalist Group Plc’s Business Review, 1 January – 30 September 2024

Digitalist Group Plc                    Stock Exchange Release 25.10.2024 at 9:00 Digitalist Group Plc’s Business Review, 1 January – 30 September 2024 SUMMARY July–September 2024 (comparable figures for 2023 in parentheses):Turnover: EUR 3.6 million (EUR 3.6 million), decrease: -0.8%. EBITDA: EUR -0.2 million (EUR 0.4 million*), -5.0% of turnover (12.1%). EBIT: EUR -0.3 million (EUR 0.2 million*), -8.7% of turnover (6.6%). Net income: EUR -1.5 million (EUR -0.5 million*), -40.8% of turnover (-13.2%). Earnings per share: EUR -0.00 (EUR -0.00). Earnings per share (diluted): EUR -0.00 (EUR -0.00).*) EBIT, EBITDA and net income of the comparison period were impacted by a booked gain of EUR 0.6 million from the FutureLab Share transaction. January–September 2024 (comparable figures for 2023 in parentheses):Turnover: EUR 11.5 million...

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FRO – 2024 Annual General Meeting

Frontline plc (the “Company”) advises that the 2024 Annual General Meeting of the Company will be held on December 12, 2024. The record date for voting at the Annual General Meeting is set to November 5, 2024. The notice, agenda and associated material will be distributed prior to the meeting. Limassol, CyprusOctober 25, 2024 This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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Signify proposes appointment of CFO Zeljko Kosanovic to Board of Management

Press Release October 25, 2024 Signify proposes appointment of CFO Zeljko Kosanovic to Board of Management Eindhoven, Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, confirms the appointment of Zeljko Kosanovic as Chief Financial Officer (CFO), with effect from October 25, 2024. The Supervisory Board will propose Mr. Kosanovic’s appointment to Signify’s Board of Management at the Annual General Meeting of Shareholders to be held in 2025. “In the role of acting CFO, Mr. Kosanovic has consistently demonstrated the financial and leadership competencies required for this position,” said Gerard van de Aast, Chair of the Supervisory Board of Signify. “We are pleased to confirm this appointment, and look forward to continue working with him in the future.” — END — For further information, please contact: CommunicationsTom...

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Net asset value of the EfTEN United Property Fund as of 30.09.2024

The net asset value (NAV) of EfTEN United Property Fund unit was 10.68 euros at the end of September, increasing by 0.2% over the month. If the fund’s investment in the EfTEN Real Estate Fund AS share is reflected on the basis of the NAV, the NAV of EfTEN United Property Fund would be 10.84 euros, increasing by 0.4% over the month. In September, the fund earned a net profit of 64 thousand euros of what a loss of 38 thousand euros was earned from the investment in the shares of EfTEN Real Estate Fund AS. In nine months of this year, the fund has earned a net profit of 534 thousand euros (-87 thousand euros at the same time last year). In October, the fund’s subsidiary related to the Uus-Järveküla development project renewed the bank’s financing conditions for the completion of the second and third construction stages (a...

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