Month: February 2025

KALDVIK AS (KLDVK) reports Operating income in Q4 amounted to EURm 46.8 (EURm 32.6), while the operating profit/loss before fair value adjustment of biomass and production tax was EURm -18.1 (EURm 4.6). Operating profit/loss before fair value adjustment of biomass, one-off biomass write-down and production tax was EURm 5.0 (EURm 4.6). Harvest amounted to 6.668 tonnes in Q4 2024 (4.202 tonnes) Web cast will be at 11:00 (CET)/ 10:00 Icelandic time on 26 February 2025 on the following link: www.kaldvik.is/live Attached is the presentation and report for Q4 2024. Kaldvik, 26 February 2025 Contacts: Robert Robertsson, CFO of KALDVIK AS: +354 843 0086(mobile) This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading ActAttachmentsKaldvik AS – Q4 2024 Quarterly...

Ad hoc announcement pursuant to Art. 53 LRMore than the required two-thirds majority of bondholders reach agreement on the main terms for the restructuring of Idorsia’s outstanding convertible bond debt – allowing the removal of a large debt overhang and providing CHF 150 million of new funding Agreement with Viatris to revise collaboration for selatogrel and cenerimod results in the removal of significant cash requirement for 2025 Release from exclusivity constraint allows Idorsia to pivot to negotiate with alternative parties for the global rights to aprocitentan Idorsia to host an investor webcast today, at 15:00 CET Full Year 2024 Financial Reporting and publication of the Financial Report to be postponed to March 4, 2025Allschwil, Switzerland – February 26, 2025Idorsia Ltd (SIX: IDIA) today announced that it has reached an agreement...

Bigbank’s gross loan portfolio reached a record 2.2 billion euros at the end of the year, increasing by 137 million euros (+7%) quarter on quarter and by 535 million euros (+32%) year on year. The focus product lines showed solid quarter-on-quarter growth. The business loan portfolio grew by 61 million euros (+9%) to 764 million euros and the home loan portfolio by 79 million euros (+15%) to 613 million euros. The consumer loan portfolio decreased by 9 million euros (-1%) quarter on quarter to 828 million euros. Bigbank’s deposit portfolio grew in the fourth quarter mainly through term deposits. During the quarter, the term deposit portfolio grew by 118 million euros to 1.36 billion euros (+10%) and the savings deposit portfolio by 8 million euros to 1.03 billion euros (+1%). The Group’s total deposit portfolio grew by 127 million euros...

Ad hoc announcement pursuant to Art. 53 LRIdorsia’s contribution to the development costs reduced by USD 100 million Viatris potential regulatory and sales milestones payments to Idorsia reduced by USD 250 millionAllschwil, Switzerland – February 26, 2025Idorsia Ltd (SIX: IDIA) today announced that it has reached an agreement with Viatris Inc. (NASDAQ: VTRS) to update the terms of the global development and commercialization collaboration for selatogrel and cenerimod. In exchange for a USD 100 million reduction to Idorsia’s contribution to the development costs due in 2025, Idorsia has agreed to a USD 250 million reduction in future potential regulatory and sales milestone payments, and an expansion of territorial rights to Viatris for cenerimod. The agreed royalties on future sales remain unchanged. About the collaboration agreementOn...

Ad hoc announcement pursuant to Art. 53 LR Allschwil, Switzerland – February 26, 2025Idorsia Ltd (SIX: IDIA) today announced that the exclusivity agreement signed in November 2024 with an undisclosed party for the global rights to aprocitentan has concluded without the party signing the deal as foreseen in the non-binding term sheet. Idorsia will retain the exclusivity fee of USD 35 million paid in December 2024. André C. Muller, CEO of Idorsia, commented:“It is disappointing that the undisclosed party has decided not to sign the deal contemplated for aprocitentan despite sharing our view on the quality of the asset. We need to move on, and we will resume discussions with other potential partners that recognize the blockbuster potential of aprocitentan in uncontrolled hypertension, particularly for the difficult-to-treat patients with...

CHARLOTTE, N.C., Feb. 25, 2025 (GLOBE NEWSWIRE) — SPX Technologies Inc. (NYSE:SPXC) will host a tour of its Ingénia Technologies production facility on April 1, 2025, in Mirabel, Quebec, near Montreal. The event will be hosted by SPX’s corporate Investor Relations team and key managers of the company’s HVAC segment. The event is expected to begin mid-day and last approximately two hours in total. It will be open to current and prospective investors of SPX, as well as interested sell-side analysts. An invitation will be required to participate in the event. To receive an invitation, please contact the SPX Investor Relations team at spx.investor@spx.com. Headquartered in Mirabel, Quebec, Canada, Ingénia specializes in the design and manufacture of custom air handling units and is part of SPX Technologies’ Cooling platform, within...

HAMILTON, Bermuda, Feb. 25, 2025 (GLOBE NEWSWIRE) — SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT) today announced the pricing of its previously announced registered secondary offering by entities associated with Daniel S. Loeb (colllectively, the “Loeb Entities”) of an aggregate of 4,106,631 common shares at a price to the public of $14.00 per share. The offering is expected to close on February 27, 2025, subject to the satisfaction of customary closing conditions. SiriusPoint has agreed to repurchase an aggregate of 500,000 of the common shares being offered in the offering at the public offering price. SiriusPoint will cancel the 500,000 common shares it repurchases in the offering. Immediately following the completion of the offering and our previously announced repurchase of all of the common shares and warrants...

VANCOUVER, British Columbia, Feb. 25, 2025 (GLOBE NEWSWIRE) — Mustang Energy Corp. (CSE: MEC, OTC: MECPF, FRA:92T) (the “Company” or “Mustang”) is pleased to announce the completion of a helicopter-borne Mobile MagnetoTellurics (“MobileMT”) survey on the Company’s Yellowstone Project, located in the Western Athabasca Basin, Saskatchewan. The MobileMT survey was completed by Expert Geophysics based out of Aurora, Ontario. A total of 373 line-kms was surveyed at a 400-metre line spacing to collect magnetic and VLF data. The survey was conducted over the Northeastern portion of the Yellowstone Project’s claim package with a focus on areas that have not previously been surveyed with deep penetrating electromagnetic (EM) survey methods. This MobileMT survey aims to detect conductors at depths exceeding 1000 meters, providing a more...