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Year: 2024

Independent research firm names Temenos a Leader in Digital Banking Processing Platforms

Temenos’ “extensive functionality across retail, SMB, and corporate banking lines” recognized in Q4 2024 Digital Banking Processing Platforms analyst report GRAND-LANCY, Switzerland, Dec. 19, 2024 (GLOBE NEWSWIRE) — Temenos (SIX: TEMN) today announced that it has been named a Leader in The Forrester Wave™: Digital Banking Processing Platforms, Q4 2024. According to Temenos, this reflects the flexibility and rich functionality of its comprehensive core banking solutions, which are further enhanced by a strong partner ecosystem and Temenos’ continued investment in innovation. This Forester Wave™, which covers both retail and corporate banking, evaluates the 12 top Digital Banking Processing Platform providers according to their current offering, strategy and customer feedback. In this evaluation, Temenos was one of...

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Karolinska Development’s portfolio company Umecrine Cognition raises MSEK 23.8 to continue clinical development of golexanolone

STOCKHOLM, SWEDEN – December 19, 2024. Karolinska Development AB (Nasdaq Stockholm: KDEV) today announces that the portfolio company Umecrine Cognition has raised SEK 23.8 million through a convertible loan to be used for the continuation of the company’s clinical study of golexanolone in primary biliary cholangitis. The convertible loan with attached share options is directed to a consortium of investors. Umecrine Cognition is currently enrolling patients in the second part of the company’s clinical Phase 1b/2 study of golexanolone in patients with primary biliary cholangitis (PBC), aiming to recruit a total of 84 patients in more than 30 sites in eight countries. The company recently concluded the initial part of the study with interim results showing that golexanolone was well-tolerated and safe and that only mild adverse events were...

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Konsolidator announces a focused strategy and outlook for 2025-2027 – inside information

Company announcement no. 21-2024 Søborg, December 19, 2024 Konsolidator announces a focused strategy and outlook for 2025-2027 Konsolidator announces a focused strategy, Resilient growth, for the period 2025-2027. Going forward, the Board of Directors, in conjunction with executive management, has decided to reorientate the strategy of the company to achieve resilient growth. This means that Konsolidator will focus on striking a prudent balance between increases in ARR and internal cost control in order to arrive at positive EBITDA margins. Therefore, Konsolidator will guide on ARR and follow up on actual ARR achievements on a meticulous basis. Likewise, once the EBITDA margins have stabilized on a positive note, more detailed information will be disseminated to the market on this development. Resilient growth: Managing two important componentsFirstly,...

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Considering delayed non-dilutive sources of financing, CARBIOS postpones construction of its Longlaville PET biorecycling plant for 6 to 9 months

Considering delayed non-dilutive sources of financing, CARBIOS postpones construction of its Longlaville PET biorecycling plant for 6 to 9 months CARBIOS maintains a robust available cash position of 112 million euros on 30 November 2024 CARBIOS confirms major advances in commercial contract negotiations and makes changes to its GovernanceCARBIOS is speeding up its discussions with public stakeholders and private investors. The subsidies obtained under the France 2030 bid operated by ADEME have been approved; their release is pending authorization of the state aid scheme by the European Commission.Within the “Strategic Projects Guarantee” scheme (GPS), CARBIOS has applied for an 86 million euro-GPS to the French State. Bpifrance Assurance Export (BPIAE) has confirmed its willingness to consider granting a GPS.CARBIOS is pursuing...

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cBrain Wins the ESG Transparency Award 2024

Press Release no. 14/2024 cBrain Wins the ESG Transparency Award 2024Copenhagen, December 19, 2024cBrain (NASDAQ: CBRAIN) has proudly received the ESG Transparency Award 2024 during the European Sustainability Week, held at the ESG Summit in Bonn. This recognition celebrates cBrain’s leadership and innovation in environmental, social, and governance (ESG) practices, as well as its commitment to transparency and sustainable development. The ESG Transparency Award, presented by EUPD Research, honors companies across Europe that demonstrate exceptional performance in ESG reporting and sustainability initiatives. This year, the awards spotlighted organizations excelling in the summit’s theme: “Paths Towards Reporting, Transparency & Innovation.” “We are thrilled to receive this award at such an influential event,” said Ejvind Jørgensen,...

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Communication regarding the decision of the French Competition Authority

PRESS RELEASEIvry-sur-Seine, France — 19 December, 2024, 8:15 CEST COMMUNICATION REGARDING THE DECISION OF THE FRENCH COMPETITION AUTHORITY Fnac Darty acknowledges the decision of the French Competition Authority issued today after having decided not to contest the grievance that was notified to it in the second quarter of 2023. As a reminder, several players in the domestic appliance manufacturing and distribution sector have received a statement of objections from the French Competition Authority’s investigation services, alleging that a certain number of suppliers entered into a vertical agreement with some of their distributors. Among all the grievances contained in the statement of objections, only one concerns Darty and extends over a limited period which ended in December 2014, i.e., almost 10 years ago, and therefore prior...

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EXEL Industries: 2023–2024 full-year results

2023–2024 full-year results Revenue maintained with lower marginsEXEL Industries has managed to maintain its revenue at €1.1 billion, up 0.5%, demonstrating the resilience of its model in a more challenging economic context. The Group reports a recurring EBITDA of €87.4 million, with a margin of 7.9%, after a fourth quarter down on 2022–2023. Net income amounted to €31.2 million, impacted by negative exceptional and financial results. A dividend of €1.15 per share will be proposed to the Annual General Meeting on February 4, 2025. Net debt, excluding IFRS 16, remained stable despite sustained investments during the fiscal year.Full-year results(October 1, 2023 –September 30, 2024)   2022-2023(€m) 2023-2024(€m)H1 H2 Full-year H1 H2 Full-yearREVENUE   483.1 611.2 1,094.3 492.7 606.6...

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Success of the tender offer on existing RT1 Notes for an amount of EUR 186.4 million

Press release19 December 2024 – N° 24 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE U.S. SECURITIES ACT OF 1933, AS AMENDED) OR ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT. Success of the tender offer on existing RT1 Notes for an amount of EUR 186.4 million SCOR SE (the “Company“) announces the success of the tender offer in cash (the “Tender Offer”) for any and all of its EUR 250,000,000 Fixed to Reset Rate Undated Subordinated...

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Aspocomp’s Shareholders’ Nomination Board’s proposals to the Annual General Meeting 2025

Aspocomp Group Plc, Stock Exchange Release, December 19, 2024 at 8:00 a.m. (Finnish time) The Shareholders’ Nomination Board of Aspocomp Group Plc submits the following proposals to the Annual General Meeting, planned to be held on April 29, 2025. The proposals will also be included in the Notice to the Annual General Meeting 2025 to be published at the later date. Number of Board members The Shareholder’s Nomination Board proposes to the Annual General Meeting that four members be elected to the Board of Directors. Members of the Board of Directors The Shareholder’s Nomination Board proposes to the Annual General Meeting that the current members of the Board of Directors Mr. Anssi Korhonen and Mr. Ville Vuori be re-elected as members to the Board of Directors and Ms. Jenni Enroth and Ms. Kaisa Kokkonen be elected as new members of...

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Elis continues the consolidation of its network with the acquisition of Ernst in Germany

Elis continues the consolidation of its network with the acquisition of Ernst in Germany Saint-Cloud, 19 December 2024 – Elis, the global leader in circular services at work, today announces the acquisition of 100% of Wäscherei Ernst Gmbh (« Ernst ») in Germany. With its two laundries located in Erbach, in the Baden-Württemberg region, Ernst services the entire Southern region of Germany as well as Northwest Austria. The Group, which delivered c. €17 million revenue in 2023, offers rental-maintenance services in Flat linen primarily for Hospitality and Healthcare customers. Ernst currently employs c.120 people; its management team will remain in place and will continue to grow the business. This new acquisition strengthens the Elis network in Germany, notably in Hospitality, a particularly dynamic market in the country. The acquisition...

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