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Month: January 2025

Mount Logan Capital Inc. and 180 Degree Capital Corp. Announce Agreement to Combine in All-Stock, Transformative Transaction Establishing a US Exchange-Listed, Alternative Asset Management and Insurance Solutions Platform with Over $2.4 Billion in Assets Under Management

180 Degree Capital’s track record of investing in public markets and its deep network of relationships are expected to help fuel expansion of Mount Logan’s bespoke private credit solutions into publicly traded companies Strong pro forma balance sheet post transaction that will support investment into what the parties believe is a highly actionable pipeline of organic and inorganic growth opportunities across both asset management and insurance solutions businesses Ted Goldthorpe will be CEO of the combined company, which will operate as Mount Logan Capital Inc. The combined business is expected to pay quarterly dividends, subject to board approval Support secured from approximately 23% of Mount Logan and 20% of 180 Degree Capital shareholders through voting agreements with additional indicative support from certain other shareholders Mount...

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Prosafe SE: Invitation to Q4 2024 Results and Webcast on February 3rd

17 January – Prosafe SE will release its fourth quarter 2024 results on 31 January 2025. The Q4 presentation will be available on both www.newsweb.no and Prosafe’s website, www.prosafe.com. Terje Askvig, CEO, and Reese McNeel, CFO, will present the results at Pareto Securities, located at Dronning Mauds gate 3, 0115 Oslo, on 3 February 2025 at 10:00 CET. This presentation is open to the public and will be live-streamed on Prosafe’s website.   It will be possible to ask questions during the presentation by using the Q&A tool embedded in the webcast. These questions will be answered after the presentation. A replay of the audiocast will be made available on Prosafe’s website shortly after.   Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker...

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GlobalFoundries Announces New York Advanced Packaging and Photonics Center

First of-its-kind center will offer advanced packaging and test capabilities in New York for U.S.-made essential chips used in AI, automotive, aerospace and defense, and other applications MALTA, N.Y., Jan. 17, 2025 (GLOBE NEWSWIRE) — GlobalFoundries (Nasdaq: GFS) (GF) today announced plans to create a new center for advanced packaging and testing of U.S.-made essential chips within its New York manufacturing facility. Supported by investments from the State of New York and the U.S. Department of Commerce, the first-of-its-kind center aims to enable semiconductors to be securely manufactured, processed, packaged and tested entirely onshore in the United States to meet the growing demand for GF’s silicon photonics and other essential chips needed for critical end markets including AI, automotive, aerospace and defense, and communications. Growth...

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Form 8.5 (EPT/RI)- Amendment of De La Rue plc

AMENDMENT – FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)        Name of exempt principal trader: Investec Bank plc(b)        Name of offeror/offeree in relation to whose relevant securities this form relates:         Use a separate form for each offeror/offeree De La Rue plc(c)        Name of the party to the offer with which exempt principal trader is connected: Investec is Joint Broker to De La Rue plc(d)        Date dealing undertaken: 15th January 2025(e)        In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?         If it is a cash offer or possible cash...

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Municipality Finance issues a EUR 10 million tap under its MTN programme

Municipality Finance PlcStock exchange release 17 January 2025 at 10:00 am (EET) Municipality Finance issues a EUR 10 million tap under its MTN programme On 20 January 2025 Municipality Finance Plc issues a new tranche in an amount of EUR 10 million to an existing series of notes issued on 14 January 2025. With the new tranche, the aggregate nominal amount of the notes is EUR 50 million. The maturity date of the notes is 14 January 2028. The notes bear interest at a floating rate equal to 3-month EURIBOR plus 18 bps per annum. The new tranche is issued under MuniFin’s EUR 50 billion programme for the issuance of debt instruments. The offering circular, the supplemental offering circular and final terms of the notes are available in English on the company’s website at https://www.kuntarahoitus.fi/en/for-investors. MuniFin has applied...

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Form 8.5 (EPT/RI)-Alliance Pharma plc

FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)        Name of exempt principal trader: Investec Bank plc(b)        Name of offeror/offeree in relation to whose relevant securities this form relates:         Use a separate form for each offeror/offeree Alliance Pharma plc(c)        Name of the party to the offer with which exempt principal trader is connected: Investec is financial advisor to Aegros Bidco Limited (a newly incorporated company indirectly owned by DBAY Affiliates and the ERES IV Fund)(d)        Date dealing undertaken: 16th January 2024(e)        In addition to the company in 1(b) above, is the exempt principal trader making disclosures...

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Invitation to presentation of Scatec ASA’s fourth quarter results 2024

Oslo, 17 January 2025: Scatec ASA will release its fourth quarter results on Friday 31 January 2025 at 07:00 am (CET). A presentation of the results followed by a Q&A session will be held on the same day at 09:00 am at Scatec’s headquarters at Skøyen Atrium III (1st floor), Askekroken 11, 0277 Oslo. The presentation and the Q&A session can be followed through a live webcast from our website www.scatec.com, or Scatec webcast Q4 2024. For further information, please contact:For analysts and investors: Andreas Austrell, VP IR, andreas.austrell@scatec.com   For media: Meera Bhatia, SVP External Affairs & Communications, meera.bhatia@scatec.com About Scatec  Scatec is a leading renewable energy solutions provider, accelerating access to reliable and affordable clean energy in emerging markets. As a long-term player, we develop,...

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IBA announces Chief Financial Officer transition

 Louvain-La-Neuve, Belgium, January 17, 2025 – IBA (Ion Beam Applications S.A., EURONEXT), the world leader in particle accelerator technology and the world’s leading provider of proton therapy solutions for the treatment of cancer, today announces that Soumya Chandramouli will be stepping down from her role as Chief Financial Officer (“CFO”), effective 31 January 2025. Henri de Romrée, Deputy CEO, will oversee the financial direction at Group level until a new CFO has been appointed. Thomas Pevenage, Finance Director, will continue to lead the Group’s Investor Relations function until further notice. Soumya Chandramouli departs IBA after 21 years, having held the position of CFO since 2016. During her tenure Soumya has played an important role in the continued success of the business. Working closely with Olivier Legrain, Henri...

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Update: Spirit Blockchain Capital Closes Second Tranche of Private Placement

Not for dissemination in the United States or for distribution to U.S. wire services Vancouver, Jan. 16, 2025 (GLOBE NEWSWIRE) — Spirit Blockchain Capital (“SBC” or the “Company”) (CSE: SPIR), is pleased to announce the successful closing of the second tranche of its previously announced non-brokered private placement (the “Offering”).Under this second tranche, SBC has issued 883,009 units (“Units”) at a price of $0.165 per Unit, raising gross proceeds of $145,696.49. Each Unit comprises one common share of SBC (a “Common Share”) and one-half of one common share purchase warrant (a “Warrant”). Each full Warrant entitles the holder to acquire an additional Common Share at an exercise price of $0.255 for a period of 24 months from the date of issuance.The net proceeds of this Offering will be strategically allocated to accelerate...

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Spirit Blockchain Capital Closes Second Tranche of Private Placement

Not for dissemination in the United States or for distribution to U.S. wire services Vancouver, Jan. 17, 2025 (GLOBE NEWSWIRE) — Spirit Blockchain Capital (“SBC” or the “Company”) (CSE: SPIR), is pleased to announce the successful closing of the second tranche of its previously announced non-brokered private placement (the “Offering”).Under this second tranche, SBC has issued 883,009 units (“Units”) at a price of $0.165 per Unit, raising gross proceeds of $145,696.49. Each Unit comprises one common share of SBC (a “Common Share”) and one-half of one common share purchase warrant (a “Warrant”). Each full Warrant entitles the holder to acquire an additional Common Share at an exercise price of $0.255 for a period of 24 months from the date of issuance.The net proceeds of this Offering will be strategically allocated to accelerate...

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