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Day: February 21, 2025

Update on acceptances 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, 21 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”). Reference is further made to the stock...

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Icebreaker Botnica charter agreement with Baffinland

AS Tallinna Sadam subsidiary, OÜ TS Shipping (hereinafter: “TS Shipping”), and Baffinland Iron Mines Corporation (hereinafter: Baffinland) extended the long-term cooperation agreement last year for the chartering of the multifunctional icebreaker MS Botnica to assist cargo vessels in Canadian Arctic waters. MS Botnica escorts Panamax-type ships loaded with iron ore from Milne Inlet Port to the open sea. The agreement covers the period from 2024 to 2028 and includes annual call options for chartering the vessel for at least 60 days per year from September to December. Baffinland Iron Mines Corporation has announced its decision to waive the call option for chartering the vessel in the fall of 2025, as the company will focus on the development of the Steensby Inlet railway project during this period. TS Shipping is currently...

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TGS Awarded 4D Streamer Acquisition Contract in the Barents Sea

OSLO, Norway (21 February 2025) – TGS, a leading provider of energy data and intelligence, is pleased to announce the award of a 4D streamer contract acquisition project in the Barents Sea covering the Goliat 4D field operated by Vår Energi. The Goliat 4D project is scheduled to start in July with a total duration of approximately 20 days. Kristian Johansen, CEO of TGS, commented, “We are very pleased to secure more 4D work on the Norwegian continental shelf for the 2025 summer season. We already have secured one contract in the Barents Sea with a duration of approximately 45 days, and this award is scheduled to be acquired back-to-back. Adding on the recently announced multi-client project, we have built a solid Barents Sea acquisition campaign.“ For more information, visit TGS.com or contact: Bård StenbergVP IR & Communication...

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AS Ekspress Grupp: Consolidated unaudited interim report for Q4 and 12 months of 2024

The revenue of AS Ekspress Grupp for the 4th quarter of 2024 increased by 10% year-over-year to EUR 23.5 million and EBITDA increased by 23% to EUR 5.2 million. The revenue for the 12 months of 2024 increased by 4% to EUR 76.2 million and EBITDA increased by 4% to EUR 10.7 million. At the same time, digital revenue increased by 9% and as a result, the share of digital revenue made up 86% of the Group’s total revenue in 2024. This exceeds the 85% target set for the share of digital revenue by the year 2026. The digital subscription revenue and the number of subscribers of the Group’s media companies increased strongly year-over-year in all three countries.  In a year, the Group received nearly 31 000 new digital subscriptions (+15%) in the Baltic States, totalling 238 000 subscriptions at the end of December 2024. The Group’s digital revenue...

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Lerøy Seafood Group ASA: Invitation to presentation of results for Q4 2024

Lerøy Seafood Group ASA will present its results for Q4 2024 on 28 February 2025 at Continental Hotel, Stortingsgata 24/26 in Oslo at 08:00 CET. The presentation will be held in Norwegian followed by a Q&A session. Delicious seafood will be served from 07:45 CET. You may alternatively follow the Norwegian presentation and submit questions through a live broadcast available on https://www.leroyseafood.com/no/investor/ . The quarterly report and presentation will be published at 06:30 CET. A recording of the presentation in English will be available from 12:00 CET on http://www.leroyseafood.com/en/investor . This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.  

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SIKA WITH RECORD RESULTS – JUMP IN NET PROFIT OF 17.4%

Ad Hoc Announcement Pursuant to Article 53 of the SIX Exchange Regulation Listing Rules SIKA WITH RECORD RESULTS – JUMP IN NET PROFIT OF 17.4%Sika posts net sales of CHF 11,763.1 million (+4.7% in CHF) in 2024 Sales growth of 7.4% in local currencies Increase in material margin to 54.5% (2023: 53.6%) 11.0% growth in operating profit before depreciation and amortization (EBITDA) to CHF 2,269.5 million (previous year: CHF 2,044.7 million) Strong increase in EBITDA margin to 19.3% (2023: 18.2%) 17.4% jump in net profit to CHF 1,247.6 million (previous year: CHF 1,062.6 million) 16.7% increase in diluted earnings per share to CHF 7.76 (previous year: CHF 6.65) Proposed dividend per share of CHF 3.60 (previous year: CHF 3.30) Outlook for fiscal 2025:Expected sales increase in local currencies of 3-6%, and over-proportional increase in...

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DT Cloud Acquisition Corporation Announces Cancellation of Extraordinary General Meeting

New York, New York, Feb. 20, 2025 (GLOBE NEWSWIRE) — DT Cloud Acquisition Corporation (Nasdaq: DYCQU, DYCQ, DYCQR) (“DT Cloud” or the “SPAC”), a publicly-traded special purpose acquisition company, today announced that it has cancelled the extraordinary general meeting of its shareholders that was previously scheduled for 10:00 a.m. Eastern Time on February 21, 2025 (the “EGM”), and has withdrawn from consideration by the shareholders the proposals set forth in the Company’s definitive proxy statement for the EGM filed with the U.S. Securities and Exchange Commission (the “SEC”) on January 27, 2025 and amended and supplemented on February 4, 14 and 19, 2025. About DT Cloud Acquisition Corporation DT Cloud is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization...

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ACELYRIN Confirms Receipt of Unsolicited Indication of Interest from Concentra Biosciences

LOS ANGELES, Feb. 20, 2025 (GLOBE NEWSWIRE) — ACELYRIN, INC. (Nasdaq: SLRN), a late-stage clinical biopharma company focused on accelerating the development and delivery of transformative medicines in immunology, today confirmed receipt of an unsolicited indication of interest from Concentra Biosciences, LLC, of which Tang Capital Partners, LP is the controlling shareholder, to acquire all of the outstanding shares of ACELYRIN for $3.00 per share in cash, plus a contingent value right that represents the right to receive 80% of the net proceeds from any out-license or disposition of ACELYRIN’s development programs or intellectual property. On February 6, 2025, ACELYRIN announced an agreement to merge with Alumis Inc. (Nasdaq: ALMS) in an all-stock transaction. The transaction is expected to close in the second quarter of 2025,...

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Peyto Delivers Record Reserves Results in 2024

CALGARY, Alberta, Feb. 20, 2025 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto” or the “Company”) is pleased to present the results and in-depth analysis of its independent reserve report effective December 31, 2024. The evaluation encompassed 100% of Peyto’s reserves and was conducted by GLJ Ltd. (“GLJ”). The year 2024 marks the Company’s 26th year of successful reserves development. Peyto’s 2024 capital program marks the first full year of drilling high-quality inventory acquired in the Repsol Canada Limited Partnership transaction. Combined with drilling of high-graded locations on Peyto’s legacy assets, the Company delivered several new reserves records in 2024. 2024 HIGHLIGHTSThe Company’s 2024 drilling program developed a record 457 BCFe1 (76.2...

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Eldorado Files Amended Lamaque Complex Technical Report

VANCOUVER, British Columbia, Feb. 20, 2025 (GLOBE NEWSWIRE) — Eldorado Gold Corporation (“Eldorado” or “the Company”) announces the filing of an amended Technical Report in respect of its Lamaque Complex (the “Amended Technical Report”), following a continuous disclosure review by the staff of the British Columbia Securities Commission. The Company previously filed a technical report titled “Technical Report – Lamaque Complex, Québec, Canada” prepared by the Company and filed on SEDAR+, on January 27, 2025, with an effective date of December 31, 2024 (the “January 2025 Report”). The January 2025 Report included a prefeasibility study in respect of the Lamaque Complex (the “Reserve Case”), as well as a preliminary economic assessment incorporating inferred mineral resources from the Triangle and Ormaque deposits...

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