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Caverion Corporation’s financial reporting and Annual General Meeting in 2023

Caverion Corporation Stock exchange release 9 May 2022 at 9.20 a.m. EESTCaverion Corporation’s financial reporting and Annual General Meeting in 2023 Caverion will publish its Financial Statements Release for 2022 on Thursday 9 February 2023 at approximately 8:00 a.m. Finnish time (EET). Annual Review 2022 including the financial statements will be published during week 9/2023, at the latest. In addition, Caverion will publish three financial reports in 2023: Interim report for January−March on 27 April 2023Half yearly report for January−June on 3 August 2023Interim report for

Changes in Caverion’s Group Management Board: Mikko Kettunen appointed as CFO

Caverion Corporation Stock exchange release 9 May 2022 at 9.10 a.m. EESTChanges in Caverion’s Group Management Board: Mikko Kettunen appointed as CFO Mikko Kettunen (45), M.Sc. (Econ.), has been appointed as CFO of Caverion Group and a member of the Group Management Board of Caverion Corporation as of 8 November 2022 at the latest. He will report to Jacob Götzsche, President and CEO. Mikko Kettunen’s latest position has been the CFO of the Finnish stock-listed composite solutions manufacturer Exel Composites Plc, where he has also acted earlier in a combined role as CFO and Business

Ted Fjällman new board member at XNK Therapeutics

XNK Therapeutics AB (“XNK”) today announced that Ted Fjällman, Partner at Flerie Invest, has joined the company’s board of directors.Ted Fjällman is Partner at Flerie Invest, a European biotech and pharma investor managing a portfolio of more than 25 companies in the US, UK, Sweden, the Netherlands and other countries. Ted has been CEO and board member of several biotech companies engaged in a wide range of areas including immunology, oncology and biologics development and manufacturing. He holds a Ph.D. in Biotechnology and Immunology from the University of Guelph, Canada, and splits his

Akobo Minerals reaches fundamental milestone on the way to gold production

Akobo Minerals (Euronext Oslo – “AKOBO”), the Scandinavian-based Ethiopian gold exploration and boutique mining company, today announced that it has reached an agreement with the South African company Solo Resources (Pty) Ltd for delivery of a processing plant for production of gold at the Segele Mine.· Commissioning expected to start by end of first quarter 2023 · The plant will be tailored to process the highly gold rich Segele Mine ore with an Inferred and Indicated Mineral Resource Estimate of 69 kOz gold @22.7 grams per tonne · The plant is designed to process 10 tons of mass per

Krister Zackari appointed Managing Director of Fazer Lifestyle Foods

Krister Zackari has been appointed Managing Director of Fazer Lifestyle Foods and member of the Fazer Leadership Team. Krister joins Fazer from Norrmejerier – Sweden’s 3rd largest dairy company – where he has held the position of CEO since 2021. He will assume his new position at Fazer on 1 July 2022.Krister Zackari has a strong background from various FMCG companies and geographies with more than 25 years’ experience in international business. Prior to his current position, he has held several senior executive and leadership positions, such as Managing Director of Kraft Foods / Mondelēz

Mol Cancer Ther Publishes Bexmarilimab Research

Faron Pharmaceuticals Ltd. (“Faron” or “Company”)   Molecular Cancer Therapeutics Publishes Research on the Nonclinical Characterization of Bexmarilimab   Press release, May 9, 2022 at 02:00 AM (EDT) / 07:00 AM (BST) / 09:00 AM (EEST)   TURKU, FINLAND / BOSTON, MA – Faron Pharmaceuticals Ltd (AIM: FARN, First North: FARON), a clinical stage biopharmaceutical company focused on building the future of immunotherapy by harnessing the power of the immune system to tackle cancer and inflammation, today announces that the American Association for Cancer Research (AACR)

SBB sells building rights and acquires community service properties

Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) sells building rights for residential properties in Höganäs to K-Fast Holding AB (publ) (“K-Fastigheter”) for a total of approximately SEK 50 million. The building rights are created within SBB's existing residential properties. Closing will take place when  the zooning plan becomes legally binding. SBB also acquires two preschools in Kristianstad and an LSS property (a home for persons with certain functional impairments) in Hässleholm from K-Fastigheter for SEK 50.8 million. The total remaining lease term is approximately 18 years and

Arise AB (publ) has successfully issued green senior unsecured bonds of EUR 50,000,000

Arise AB (publ) (the "Company") has successfully issued green senior unsecured bonds of an amount of EUR 50,000,000 under a framework of EUR 100,000,000. The bonds carry a floating interest rate of 3m EURIBOR + 525 basis points and are due in May 2026. The Company intends to list the bonds on Nasdaq Stockholm Sustainable Bond List. The net proceeds will be used in accordance with Arise's newly established Green Financing Framework, including financing of new renewable energy projects. DNB Markets acted as Sole Bookrunner and Sustainability Advisor, Setterwalls Advokatbyrå AB acted as

Sandvik to acquire mining part of Schenck Process Group

Sandvik has signed an agreement to acquire the mining related business of Schenck Process Group (SP Mining). SP Mining is one of the market leaders in screening, feeding and screening media solutions in the industry. The company will be reported in Stationary Crushing and Screening, a division in Sandvik Rock Processing Solutions (SRP). "I am pleased that we continue to execute on our shift to growth strategy by expanding our core offering in a profitable niche, as well as strengthening the aftermarket share within rock processing. This validates our strategy when forming the Sandvik

Caverion updates its strategy focusing on sustainable growth and its financial targets

Caverion Corporation Stock Exchange Release 9 May 2022 at 9.00 a.m. EESTCaverion updates its strategy focusing on sustainable growth and its financial targets Caverion’s Board of Directors has approved the company’s updated strategy and the updated financial targets for the next strategy period until the end of 2025. The updated strategy focuses on sustainable revenue growth, profitability improvement and investments to support building performance. The company will differentiate itself in the market by creating sustainable impact for every customer with the solutions it designs and

Notification of change in adjusted EBITDA reporting

Catena Media plc has implemented an update to how it evaluates share-based incentive schemes that will affect the reporting of adjusted EBITDA, one of the company’s key alternative performance measures. The change, designed to facilitate full and representative comparability over time, will be applied starting with the Q1 report 2022, to be published on 18 May. The company defines adjusted EBITDA as earnings before interest, taxes, depreciation and amortisation excluding any items affecting comparability. An accounting review has concluded that expenses, and reversals of expenses,

Diamyd Medical's principal owner transfers half of his holdings in Diamyd Medical to his children

Diamyd Medical announces that its principal owner Anders Essen-Möller has notified the Swedish Financial Supervisory Authority of the sale of 4,500,000 Diamyd Medical shares in the form of gifts. Essen-Möller’s five children each receive 400,000 Class A shares and 500,000 Class B shares.The transaction corresponds to approximately half of Essen-Möller's holdings, which after the transaction amount to 4,556,263 shares, of which 1,187,000 shares in an endowment policy. After the transaction, Essen-Möller's shareholding in Diamyd Medical corresponds to an equity interest of approximately 4.4%

Change in the Group Management Team of Exel Composites

EXEL COMPOSITES PLC      STOCK EXCHANGE RELEASE      9 MAY 2022 at 09:00 EETMikko Kettunen, Exel Composites Plc’s CFO and member of the Group Management Team, has decided to take up new responsibilities outside the company. Kettunen’s employment will end on 8 November 2022, at the latest. The company will immediately start the recruitment process to appoint a new CFO.   “Mikko has served as Exel Composites' CFO since 2015 and has had a key role in the development of the company and in the implementation of our growth strategy. I warmly thank Mikko for his valuable contribution to Exel

GiG signs sportsbook & platform partnership with Full Games SA in Angola

Gaming Innovation Group Inc. (GiG) has signed an agreement with an Angolan operator, Full Games SA, for the provision of full Sportsbook and Player Account Management (PAM) services in the newly regulated market of Angola.  This is the first agreement that combines the offering from both GiG and Sportnco Gaming SAS, immediately showing the power and synergies of combining both product and managed services offerings. The new agreement in Angola marks a significant milestone for GiG signifying a new market entry, its first into regulated African markets. Full Game SA is a joint venture

Swedish Match is a new Ingrid customer

Swedish Match is a new customer of the SaaS company Ingrid. Together, they are now launching fast home delivery on the Norwegian market. After a procurement, Swedish Match has chosen to include the SaaS company Ingrid's delivery selector in its online checkout. The selection of Ingrid supports Swedish Match's strategy to strengthen its digital commerce and to provide its consumers with faster deliveries and more flexible options. First up is the Norwegian market, where Swedish Match uses Ingrid's services to enable fast delivery from stores. Soon, more markets will follow. -

Arctic Paper S.A., Q1 2022: Best quarterly group results in challenging times

· Q1 consolidated sales revenue was PLN 1 110,8mn (EUR[1] 240,1mn). · EBITDA Q1 was PLN 205,7mn (EUR[1] 44,5mn). · EBIT Q1 was PLN 176,1mn (EUR[1] 38,1mn) and net profit PLN 146,4mn (EUR[1] 31,6mn). · Strong demand, and price increases offset rising costs for raw material, energy, and logistics. · High-capacity utilization (99 %) requires active management of the output of paper production. · Additional steps taken to diversify in green energy and packaging in line with 4P strategy.[1]Arctic Paper S.A. reports in PLN. In the English press release, the amounts above were

Panoro Energy – Extension of Block G Production Sharing Contract Offshore Equatorial Guinea

Oslo, 9 May 2022 – Panoro Energy ASA (“Panoro” or the “Company”) is pleased to announce that the Ministry of Mines and Hydrocarbons of Equatorial Guinea and the Joint Venture partners at Block G offshore Equatorial Guinea have agreed a material time extension of the Production Sharing Contract (“PSC”) until 31 December 2040 covering both the producing Ceiba and Okume Complex Fields. Prior to the extension the PSC expiry for the Ceiba Field was 2029 and for the Okume Complex field 2034. Management expects that Panoro’s net 2P reserves will increase by between 2 to 3 million barrels as a

Skanska builds science laboratory building for university in Virginia, USA, for about USD 70M, about SEK 650M

Skanska has signed a contract with Virginia Polytechnic Institute and State University to build a new undergraduate science laboratory building in Blacksburg, Virginia, USA. The contract is worth about USD 70M, about SEK 650M, which will be included in the US order bookings for the second quarter 2022.The four-story, approximately 102,000-gross-square-foot (9,500 gross-square-meter) building will provide critical teaching laboratory and classroom space to support Virginia Tech’s growing enrollment and Beyond Boundaries vision. It will house nearly 30 wet, dry and specialty laboratories

Storskogen Norway acquires Thermica

Storskogen has entered into an agreement to acquire 80 percent of the shares in Thermica AS (“Thermica”). The company is specialised in construction of logistic buildings in Norway, with a reported turnover of NOK 526 million and an operating income (EBIT) of NOK 42.8 million for the financial year 2021.Thermica is a leading player in the Norwegian market for logistic buildings, having completed some of the country’s largest projects within warehouse and logistic buildings, fishing and aquaculture and cold and freezing storages. The company has 13 employees, and the headquarters are located

Storskogen acquires Acreto

Storskogen has entered into an agreement to acquire 80 percent of the shares in Acreto AB (“Acreto”). Acreto is a well-established representative of strong consumer brands in the Nordic region, providing marketing and sales opportunities as well as distribution. The company’s brand portfolio includes the segments Mosquito and pest control, Small household appliances, and Heating and climate, with several well-known brands such as Thermacell, Crockpot and FoodSaver. Acreto reported sales amounting to SEK 215 million and EBITA of approximately SEK 65 million for the financial year 2021.Acreto

CFO Survey: Optimism on business opportunities decreasing

Swedish CFOs see a worsening of business opportunities following Russia’s invasion of Ukraine at the same time that geopolitical risks are now perceived to pose the most significant risk going forward. This is according to Deloitte in SEB’s most recent CFO Survey. “Just when we thought things were returning to a more normal situation, with an opening of societies and normalisation of economic activity after the pandemic, the world has been shocked by a new disaster in the form of the war in Ukraine. This is first and foremost a humanitarian and personal tragedy for many, but naturally it

Extended assignment for Assemblin for the expansion of Rödjan Prison in Mariestad

Assemblin’s existing assignment to provide electrical installations for the expansion of Rödjan Prison in Mariestad has been extended in a new award-of-contract decision, meaning that Assemblin will also be responsible for the design and installation of security systems at the prison. The total contract value for the two assignments is approximately SEK 70–80 million.The Swedish Prison and Probation Service’s facility in Mariestad will be expanded by redeveloping the existing open prison with associated occupational activities and staff areas. Redevelopment work began in 2020 and is due to

Telia Company exercises mandate to buy back shares to cover commitments under the “Long term incentive program 2019/2022”

The Board of Directors has decided to exercise the mandate for buy-back of shares that was approved by the Annual General Meeting on April 6, 2022.   To cover commitments under the “Long Term Incentive Program 2019/2022”, approved by the Annual General Meeting in 2019, the Board has decided to buy back a maximum of 339,912 shares, intended to be distributed to the participants by May 27 at the latest.   The buy-back program is subject to the following terms:   · Share repurchases can be made between May 9, 2022, and May 11, 2022.   · A maximum of 339,912 shares

Valmet assessing the impacts of the fire at the Rautpohja factory in Finland

Valmet Oyj’s press release May 7, 2022 at 8:30 p.m. EESTA fire broke out at Valmet’s Rautpohja factory in Jyväskylä, Finland, today around 10:40 a.m. EEST. Due to the fire, evacuation of employees was carried out. The fire caused minor injuries to one employee, who received treatment in hospital, but has already been released.The fire that started at a workshop during a roll test has been now extinguished. The origin of the fire is under investigation.The impacts of the fire to the factory site, business continuity and customer deliveries will be assessed once the site is safe to enter

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