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Statement regarding possible offer

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. THIS IS AN ANNOUNCEMENT UNDER RULE 2.4 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022 (THE “IRISH TAKEOVER RULES” OR THE “RULES”) AND IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE IRISH TAKEOVER RULES. THERE CAN BE NO CERTAINTY THAT ANY FIRM OFFER WILL BE MADE, NOR AS TO THE TERMS ON WHICH ANY SUCH OFFER WILL BE MADE. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION. 6 March 2025 Kenmare Resources plc Statement regarding possible offer The Board of Kenmare Resources plc (“Kenmare” or the “Company”) notes the recent press speculation and confirms that it has received a non-binding...

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Melcor REIT and Melcor Developments Announce Support of Arrangement by Telsec and Firm Capital

EDMONTON, Alberta, March 05, 2025 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) and Melcor Developments Ltd. (“Melcor” or the “Company”) (TSX: MRD) today announced that Melcor REIT and Melcor have entered into voting support agreements (the “Voting Support Agreements”) with each of Telsec Property Corporation, Richard Van Grieken, Bonnie Van Grieken and Kris Van Grieken (collectively, the “Telsec Group”) and FC Private Equity Realty Management Corp. and its affiliates (collectively, the “FC Group”) in connection with Melcor’s proposed acquisition of Melcor REIT. As previously announced, Melcor REIT and Melcor entered into an amended and restated arrangement agreement (the “Amended Agreement”) dated November 24, 2024 with Melcor REIT GP Inc. Pursuant to the terms of the Amended...

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Lesaka completes the acquisition of Recharger

JOHANNESBURG, March 05, 2025 (GLOBE NEWSWIRE) — Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (Nasdaq: LSAK; JSE: LSK) today announced the completion of the acquisition of Recharger (Pty) Ltd (“Recharger”) on March 3, 2025. The purchase consideration of ZAR 507 million ($27 million) comprises ZAR 332 million ($18 million) in cash and ZAR 175 million ($9 million) in shares of Lesaka common stock, to be settled in two tranches. Lesaka extended a ZAR 43 million ($2 million) loan to Recharger at closing which was exclusively used to repay an existing loan due by Recharger to the seller. The first tranche, comprising ZAR 153 million ($8 million) in cash and 1,092,361 shares of Lesaka’s common stock with a value of ZAR 98 million ($5 million), was settled at closing. The second and final tranche will comprise a cash payment of...

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PainReform Completes Strategic Acquisition of DeepSolar, Unlocking New Growth Opportunities in AI-Driven Solar Analytics

Acquisition Positions PainReform as a Potential Leader in High-Growth, High-Margin AI Solar Energy Management While Continuing Its Core Focus on Pharmaceutical Innovation TEL AVIV, Israel, March 05, 2025 (GLOBE NEWSWIRE) — PainReform Ltd. (Nasdaq: PRFX) (“PainReform” or the “Company“), a clinical-stage specialty pharmaceutical company focused on the reformulation of established therapeutics, today announced the successful closing of its previously announced acquisition of 100% of the business activity of DeepSolar, an AI-driven solar analytics platform, from BladeRanger Ltd, a public company registered under the laws of the State of Israel, whose shares are listed for trading on Tel Aviv Stock Exchange under the ticker “BLRN”. This acquisition marks an important milestone for PainReform as it expands into...

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Revolutionizing Hiring, One Interview at a Time — Employ Acquires Pillar, the Leading AI Interview Intelligence Platform

Employ’s industry-leading, AI-powered hiring engine eliminates the guesswork, streamlines decision-making and puts talent acquisition teams into peak performance—so you can hire the best, every time DENVER, March 05, 2025 (GLOBE NEWSWIRE) — Employ, the market-leading intelligent hiring platform and driving force behind JazzHR, Lever, and Jobvite, just supercharged hiring for its 23,000 customers with the acquisition of Pillar, a transformative AI interview intelligence platform. Employ is at the forefront of AI-powered innovation— “AI is not just a feature at Employ, it’s in our DNA,” said Dara Brenner, Chief Product Officer at Employ. “AI is fundamental and core to driving efficiency in the hiring process, so much so that we wanted to own the interview intelligence roadmap to drive future developments that meet the needs...

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Jazz Pharmaceuticals to Acquire Chimerix, Further Diversifying Oncology Portfolio

-Dordaviprone addresses a significant unmet patient need for patients with rare, high-grade brain tumors- -Transaction to add near-term commercial opportunity to Jazz’s pipeline- -Transaction represents total cash consideration of approximately $935 million, or $8.55 per share- DUBLIN and DURHAM, N.C., March 05, 2025 (GLOBE NEWSWIRE) — Jazz Pharmaceuticals plc (Nasdaq: JAZZ) (“Jazz” or the “Company”) and Chimerix (Nasdaq: CMRX) (“Chimerix”), today announced the companies have entered into a definitive agreement for Jazz to acquire Chimerix for $8.55 per share in cash, representing a total consideration of approximately $935 million. The transaction has been approved by both companies and is expected to close in the second quarter of 2025. Chimerix’s lead clinical asset is dordaviprone, a novel first-in-class small molecule treatment...

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Launch of compulsory acquisition of remaining issued and outstanding shares of Avenir LNG Limited by Stolt-Nielsen Limited

Launch of compulsory acquisition of remaining issued and outstanding shares of Avenir LNG Limited by Stolt-Nielsen Limited London, March 5, 2025 – Reference is made to the stock exchange announcement of January 27, 2025, stating that Stolt-Nielsen Limited (Oslo Børs: SNI), through its subsidiary Stolt-Nielsen Gas Ltd. had entered into a share purchase agreement to acquire all the shares of Avenir LNG Limited (‘Avenir LNG’) owned by Golar LNG Limited and Aequitas Limited (the ‘Transaction’) and subject to completion of the Transaction, Stolt-Nielsen Gas Ltd. intended to offer to buy the shares of all remaining shareholders in Avenir LNG. The Transaction has been completed, and Stolt-Nielsen Gas Ltd. now holds more than 95% of the outstanding shares and votes in Avenir LNG. As the holder of more than 95% of Avenir LNG’s shares, Stolt-Nielsen...

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Silvaco Expands Product Offering with Acquisition of Cadence’s Process Proximity Compensation Product Line

SANTA CLARA, Calif., March 04, 2025 (GLOBE NEWSWIRE) — Silvaco Group, Inc. (Nasdaq: SVCO) (“Silvaco” or the “Company”), a provider of TCAD, EDA software and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced the strategic acquisition of the Process Proximity Compensation (“PPC”) product line of Cadence (Nasdaq: CDNS). The addition of the PPC product line – an optical proximity correction (“OPC”) suite of tools highly complementary to Silvaco’s EDA and TCAD suite, along with its cutting-edge technology and talented team, will strengthen Silvaco’s market position and accelerate its mission to empower customers in designing next-generation semiconductor processes and devices with greater accuracy and efficiency. The Company expects this acquisition to...

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Enstar Completes Previously Announced Transaction with Atrium Syndicate 609

HAMILTON, Bermuda, March 04, 2025 (GLOBE NEWSWIRE) — Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) announced today its Lloyd’s syndicate (“Syndicate 2008”), managed by Enstar Managing Agency Limited, has completed the previously announced transaction with Atrium Syndicate 609, managed by Atrium Underwriters Limited. Under the terms of the loss portfolio transfer agreement, Atrium Syndicate 609 ceded net loss reserves of approximately $196 million, based on Atrium’s carried reserves as at Q3 2024, to Enstar’s Syndicate 2008. The reinsurance relates to business underwritten in the 2023 and prior years of account, with all claims handling transferring to Syndicate 2008. Completion of the transaction followed receipt of regulatory approvals and satisfaction of various other closing conditions. About Enstar Enstar is a NASDAQ-listed...

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KraneShares AI ETF AGIX Buys Anthropic Shares

NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) — KraneShares today announced its KraneShares Artificial Intelligence & Technology ETF (Ticker: AGIX) has become one of the first US-listed exchange-traded funds to directly invest in a private company1, acquiring shares in Anthropic. KraneShares believes this places AGIX at the forefront of ETF innovation, delivering investors unparalleled access to high-growth private AI opportunities. As of the date of this release, Anthropic represented 4.60% of AGIX’s net assets.2 Holdings are subject to change. AGIX was launched on July 18, 2024, by KraneShares in collaboration with Etna Capital Management, an established pioneer in AI venture investing. Etna’s expertise is underscored by its early-stage investments in groundbreaking AI innovators such as Anthropic, xAI, and Perplexity. AGIX...

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