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Day: February 20, 2025

Notice of convening the annual general meeting of shareholders of TKM Grupp AS

The Management Board of TKM Grupp AS (registry code 10223439, location Kaubamaja 1, 10143, Tallinn) convenes the annual general meeting of shareholders on 17th of March 2025 at 12 p.m. in Tallinn, at Viking Motors dealership at Tammsaare tee 51. The registration of the participants of the meeting will start on 17th of March 2025 at 11.30 a.m. The list of shareholders entitled to vote at the general meeting will be fixed seven days before the general meeting, i.e. on 10th of March 2025, as at the end of the business day of Nasdaq CSD’s Estonian settlement system. In order to exercise the shareholder’s rights, in addition to participating in person, it is also possible to vote before the general meeting via e-mail or regular mail. In addition, shareholders will be able to participate in an online seminar of the annual general meeting. Via...

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Audited annual report 2024

The Supervisory Board of TKM Grupp AS approved today, on 20 February 2025 the annual report and profit allocation proposal for the year 2024 of TKM Grupp AS. The Supervisory Board decided to present the annual report and profit allocation proposal as prepared by the Management Board for the approval of the general meeting of shareholders. The revenues and profits remained unchanged compared to the preliminary disclosure on 16 January 2025. The original audited Annual Report 2024 document is submitted in machine-readable .xhtml format to the Nasdaq Tallinn Stock Exchange and digitally signed (Link: https://nasdaqbaltic.com/statistics/en/instrument/EE0000001105/reports). The consolidated audited revenue of TKM Grupp AS for the year of 2024 was 944.6 million euros. The revenue decreased by 0.3 per cent (the revenue for the year of 2023 was...

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Extension of the offer period in the recommended voluntary cash offer to acquire all issued and outstanding shares of Belships ASA

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR WITHIN CANADA, AUSTRALIA, NEW ZEALAND, SOUTH AFRICA, JAPAN, HONG KONG, SOUTH KOREA, OR ANY JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. Oslo, 20 February 2025 Reference is made to the stock exchange announcement published on 21 January 2025 regarding the launch by Blue Northern BLK Ltd (“Blue Northern” or the “Offeror”) of a recommended voluntary cash tender offer for all issued and outstanding shares (the “Shares”) in Belships ASA (“Belships” or the “Company”) at a price of NOK 20.50 per share (the “Offer”), as further set out in the offer document dated 21 January 2025 (the “Offer Document”).The initial acceptance period for the...

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Marc Bircham and Tamer Hassan Lead the Charge for Sports.com at the Prestigious Soccerex Kickoff in Cairo, Egypt

FORTH WORTH, Texas, Feb. 20, 2025 (GLOBE NEWSWIRE) — Sports.com, a leading global sports media and technology platform owned by Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”), a leading technology company in digital lottery, recently announced a multi-year partnership with Soccerex becoming its official title sponsor for the next 24 months. Sports.com will support six major Soccerex events worldwide, including marquee stops in Cairo, Amsterdam and Miami in 2025. The first event under this new partnership kicks off February 23 in Cairo, Egypt, launching a dynamic series of global soccer business and networking events. These events bring together industry leaders, clubs and players to shape the future of the sport. Leading the charge for Sports.com at this prestigious Soccerex kickoff will be Marc Bircham,...

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Lansdnet’s Financial Statements for 2024

Strong future foundations The financial statements for 2024 were approved by the Board of Directors on the 20th of February 2025. Main points of the financial statement:•    Profits were 43.1 million USD in 2024 compared with 25.6 million USD in 2023. •    Earnings Before Interest and Taxes (EBIT) was 70.5 million USD compared with 52.7 million USD in the previous year. •    Net cash availability was 78.8 million USD at year-end and net cash provided by operating activities amounted to 87.0 million USD. •    Total assets amounted to 1,236.2 million USD at year-end compared with 1,113.6 million USD at the end of the previous year. •    Total equity amounted to 574.9 million USD at year-end and equity ratio was 46.5%. •    Return on equity was 8.0% in 2024.Guðmundur Ingi Ásmundsson CEO, Landsnet: “I am pleased to report that the Financial...

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Performance Shipping Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2024

ATHENS, Greece, Feb. 20, 2025 (GLOBE NEWSWIRE) — Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported net income of $9.7 million and net income attributable to common stockholders of $9.2 million for the fourth quarter of 2024. These results are compared to a net income of $25.0 million and net income attributable to common stockholders of $24.5 million for the same period in 2023. Earnings per share, basic and diluted, for the fourth quarter of 2024 were $0.74 and $0.25, respectively. Revenue was $21.7 million ($19.8 million net of voyage expenses) for the fourth quarter of 2024, compared to $23.8 million ($22.7 million net of voyage expenses) for the same period in 2023. This decrease was attributable to the decrease in the...

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Unaudited financial report for the fourth quarter and 12 months of 2024

The main business activity of Trigon Property Development AS is real estate development. As at 31.12.2024, AS Trigon Property Development owned one development project with an area of 13.4 hectares in the City of Pärnu, Estonia. A commercial, industrial and logistics park is planned on this area. The Company’s objective is to find companies willing to bring their business activities (industry, logistics) to the development project area of AS Trigon Property Development in Pärnu, which would add value to the land plots owned by the Company. As the main purpose of the company is to sell existing land plots, investment property was recognized as inventories. In the third quarter of 2023, a 0.53-hectare transportation purpose land was sold for 26,580 euros (excluding VAT). In the third quarter of 2024, a 0.09-hectare transportation purpose...

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Intapp DealCloud named Deal Origination Solution of the Year: Credit at the Private Equity Wire European Awards 2025

Data and AI-powered solutions recognized for excellence among service providers in the European private equity market PALO ALTO, Calif., Feb. 20, 2025 (GLOBE NEWSWIRE) — Intapp (NASDAQ: INTA), a leading global provider of AI-powered solutions for professionals at advisory, capital markets, and legal firms, today announced that Intapp DealCloud was named Deal Origination Solution of the Year: Credit at the Private Equity Wire European Awards 2025. Chosen by industry voters, these awards recognize fund managers and service providers driving innovation, transformation, and growth across the European private markets landscape. Shortlisted nominees were selected by a judging panel of European-based general partners and other key industry participants. This year, more than 7,000 votes were submitted by readers of Private Equity Wire...

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BitFuFu Acquires 51MW Operational Data Center in Oklahoma, Expanding U.S. Mining Footprint

Majority stake acquisition strengthens BitFuFu’s operational scale and efficiency with low-cost power and enhanced hosting capacity Net electricity cost at this facility is very competitive at about $0.03 per kWh With the deployment of AntMiner S21 series miners, the average cash cost to mine one Bitcoin at this site is as low as $18,000, excluding depreciationSINGAPORE, Feb. 20, 2025 (GLOBE NEWSWIRE) — BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced that it has signed a definitive agreement and acquired a majority ownership in a 51-megawatt (MW) operational Bitcoin mining data center in Oklahoma. The transaction, priced at $400,000 per MW, is funded with cash from BitFuFu’s balance sheet and common stock. Strategic Benefits of the...

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Climb Global Solutions Sets Fourth Quarter and Full Year 2024 Conference Call for March 6, 2025 at 8:30 a.m. ET

EATONTOWN, N.J., Feb. 20, 2025 (GLOBE NEWSWIRE) — Climb Global Solutions, Inc. (NASDAQ:CLMB) (“Climb” or the “Company”), a value-added global IT channel company providing unique sales and distribution solutions for innovative technology vendors, will host a conference call on Thursday, March 6, 2025 at 8:30 a.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2024. The Company’s results will be reported in a press release prior to the call. Climb’s management will host the conference call, followed by a question-and-answer period. Interested parties may submit questions to the Company prior to the call by emailing CLMB@elevate-ir.com. Date: Thursday, March 6, 2025Time: 8:30 a.m. Eastern timeToll-free dial-in number: (800) 225-9448International dial-in number: (203) 518-9708Conference...

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