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Stora Enso Oyj Interim Report January–September 2020

STORA ENSO OYJ INTERIM REPORT 20 October 2020 at 8.30 EESTSolid performance continues in challenging business environmentFocus on cash flow and profit protectionQ3/2020 (compared with Q3/2019) · Sales decreased by 13.5% to EUR 2 079 (2 402) million, due to lower deliveries and prices. · Operational EBIT decreased to EUR 175 (245) million. The impact of lower sales was partly offset by continued cost management. · Operational EBIT margin was 8.4% (10.2%). · Operating profit (IFRS) was EUR 145 (170) million. · EPS was EUR 0.11 (0.09) and EPS excl. IAC and fair valuations

Stora Enso is changing its forest assets valuation method

STORA ENSO OYJ INSIDE INFORMATION 20 October 2020 at 8.30 EESTStora Enso has decided to start using a valuation method for its forest assets in the Nordics based on market transaction data and change the accounting policy from the fourth quarter of 2020 onwards. Preliminary estimations, based on transactions in those areas in which Stora Enso has forest land, indicate that the value of the Group’s forest assets, including leased land, will be between EUR 6.5 billion and EUR 7.0 billion, compared with the end of Q3/2020 book value of EUR 5.4 billion.The review of the fair value will be

Best ever quarterly underwriting result

Continued strong retention, effective and differentiated pricing measures, good cost control and a favourable claims development resulted in the highest quarterly underwriting result, excluding run-off gains, in the Group’s history. Returns on the investment portfolio reflected continued rebound in the financial markets. The Group’s outlook remains good, supported by a strong capital position. Gjensidige Forsikring Group recorded a profit before tax of NOK 2,048.4 million (1,271.5) for the quarter. The profit from general insurance operations measured by the underwriting result was NOK 1,

Swedbanks´s Interim report third quarter 2020

Swedbank´s President and CEO Jens Henriksson comments: “Swedbank delivered another strong quarter in uncertain times”Third quarter 2020 compared with second quarter 2020 · Lower net interest income due to lower market rates · Stronger income from cards and asset management positively affected net commission income · Stabilised net gains and losses on financial items after a volatile first half of the year · Low investigation-related expenses due to Covid-19 · Lower provisions for potential credit impairments related to the effects of Covid-19  · Solid capital and

TietoEVRY restores its annual guidance for 2020

TietoEVRY          Corporation Stock Exchange Release          20 October 2020 8.00 EET On 27 March 2020, TietoEVRY withdrew its guidance for 2020 due to uncertainties related to the Covid-19 pandemic. As visibility to the full-year profitability has improved, the company now restores its annual guidance. Full-year outlook for 2020 TietoEVRY expects its comparable full-year adjusted[1)] operating profit (EBIT) to increase from the previous year's level (Tieto's and EVRY's adjusted operating profit combined amounted to a total of EUR 341.7 million in 2019). [1)] Adjusted for

Interim Report Third Quarter 2020

Stockholm – Tele2 AB (“Tele2”) (Nasdaq Stockholm: TEL2 A and TEL2 B) today announces its consolidated results for the third quarter 2020.CEO comment by Kjell Johnsen“Tele2 has a very strong foundation with an impressively resilient business model that continues to produce strong cash flow quarter after quarter. We have a solid position and plan to build on, but I also see room for operational improvement for further value creation that I will address and come back to going forward. Overall, I am very impressed by my new colleagues at Tele2 and really appreciate the resolute way in which

Companies with business in Thailand launch app to promote migrant workers’ rights

The coronavirus pandemic has hit the manufacturing industry hard in Thailand. Particularly vulnerable are the up to five million migrant workers in the country, a group often at risk of being exposed to trafficking and forced labor. In response, companies and organizations in the MOVE network have launched a mobile app and website with information about rights and training in four languages. “The existence of trafficking and forced labor among migrants in Thailand is well documented. The coronavirus pandemic has worsened the situation,” says Viveka Risberg, Coordinator for MOVE and

SAGA – Completed secondary placing of SDSD shares

Oslo, 19 October 2020. Reference is made to the stock exchange notice published earlier today, 19 October 2020, regarding a contemplated sale of up to 105,846,245 existing shares in S.D. Standard Drilling Plc ("SDSD") by Saga Tankers ASA (the "Company"). The Company has now successfully sold 105,846,245 shares in the Company, at a price per share of NOK 0.65,-. Fearnley Securities acted as Manager in the transaction. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

JOSEMARIA RESOURCES ANNOUNCES POSITIVE FEASIBILITY STUDY SHOWCASING A CONVENTIONAL, ROBUST AND RAPID PAY BACK, OPEN PIT COPPER-GOLD PROJECT

Vancouver, BC, October 19, 2020 /CNW/ - Josemaria Resources Inc. (TSX: JOSE) (Nasdaq Stockholm: JOSE) (“Josemaria” or the “Company”) is pleased to announce the results of the Independent Feasibility Study (“Feasibility Study”) prepared by a team of engineering and consulting service providers led by Fluor Canada Ltd (“Fluor”) with key sections prepared by SRK Consulting (Canada) Inc. (“SRK”), and Knight Piésold Ltd. (“KP”) and input from a variety of independent consultants and qualified persons, and in accordance with the disclosure standards of National Instrument 43-101 (“NI 43-101”) for

IN THE SPOTLIGHT: ABS Discusses Subsea Mining on CMEE 2020

  China Marine Economy Expo (CMEE), hosted by Ministry of Natural Resources of the People’s Republic of China and People’s Government of Guangdong Province, and organized by Shenzhen Municipal of People’s Government, was held in Shenzhen on Oct 15 – 18. ABS was invited to exhibit and share subsea mining knowledge to support offshore industry development. As the world makes efforts to transition to a carbon neutral and circular economy, the marine and offshore industries are both facing many urgent challenges. ABS Offshore Project Director, Andrew Lipman, spoke

ABS FCI Cyber Risk™ Model Receives Patent for Innovative Solution

Patent recognizes industry-leading status of innovative solution to quantify and reduce maritime cyber risk.(HOUSTON) The ABS FCI Cyber Risk™ Model, a groundbreaking analysis and risk management tool used to identify threats and measure cyber risk exposure, has been granted a patent by the United States Patent and Trademark Office. An industry first, the patent validates the unique cyber model as a first of its kind technical solution to the growing global cyber threat facing maritime and offshore operators. The ABS FCI Cyber Risk Model™ is a unique quantitative risk index developed

Irisity conducts a private placement of approximately SEK 50 million to institutional investors and convenes an Extraordinary General Meeting

The Board of Directors of Irisity AB (publ) (“Irisity” or the “Company”) has, subject to the subsequent approval of the Extraordinary General Meeting, and in accordance with what was announced in the Company's press release earlier today, decided on a directed cash issue of 2,463,053 new shares (the “Private Placement”) to TIN Fonder, Handelsbanken Fonder and Lannebo Fonder. The subscription price per share, which amounts to SEK 20.30 and is in line with the share closing price on the Nasdaq First North Growth Market on October 19, 2020, has been determined through an accelerated bookbuilding

WRI’s Hardwood Fiber Price Index fell to a 16-year low in the 2Q/20, driven by lower pulplog prices in Brazil, Russia and Eastern Canada

Wood raw-material costs fell for most pulp manufacturers throughout the world in the 2Q/20, reducing WRI’s two fiber price indices for the fifth consecutive quarter. The q-o-q declines for the Hardwood Fiber Price Index (HFPI) and the Softwood Fiber Price Index (SFPI) were 4.8% and 1.9%, respectively. In the 2Q/20, the HFPI Index reached its lowest level since 2004, and it was substantially below the average rate since the Index’s inception in the 1Q/1988. The HFPI is composed of regional prices for wood chips and pulplogs delivered to pulpmills in 14 key regions around the world, and is

The Board of Directors of Neles Corporation supplements its statement regarding the recommended voluntary public cash tender offer by Alfa Laval AB (publ)

Neles Corporation Stock Exchange Release 19 October 2020 at 8:15 p.m.THIS STOCK EXCHANGE RELEASE MAY NOT BE RELEASED, PUBLISHED OR OTHERWISE DISTRIBUTED, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, NEW ZEALAND, SOUTH AFRICA, OR ANY OTHER JURISDICTION IN WHICH THE TENDER OFFER WOULD BE PROHIBITED BY APPLICABLE LAW. FOR FURTHER INFORMATION, PLEASE SEE SECTION ENTITLED “IMPORTANT INFORMATION” BELOW. The Board of Directors of Neles Corporation supplements its statement regarding

TARGOVAX ASA – APPROVAL AND PUBLICATION OF PROSPECTUS

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THE PRESS RELEASE.Oslo, 19 October 2020: Reference is made to the stock exchange announcement by Targovax ASA (OSE:TRVX) ("Targovax" or the "Company"), a clinical stage biotechnology company developing oncolytic viruses to target hard-to-

Extraordinary General Meeting held in Ranplan Group AB (publ)

At the extraordinary general meeting in Ranplan Group AB (publ), reg. no. 559152-5315, held on 19 October 2020 in Stockholm, it was resolved that the proposed Set-Off Issue be carried out. The resolution was made in accordance with the proposal which has been made available before the extraordinary general meeting in accordance with applicable rules, see Convening Notice for extraordinary general meeting in Ranplan Group AB, 28 September 2020. For further information, please contact:Per Lindberg, CEO (interim)Tel: +46 79 340 7592per.lindberg@ranplanwireless.comwww.ranplanwireless.

Sandvik to acquire software company CGTech

Sandvik has signed an agreement to acquire US based CGTech, a global market leader in software for numerical control (NC/CNC) simulation, verification and optimization. The product offering includes VERICUT®, a machining simulation and optimization software which is CAM, machine tool manufacturer and cutting tool neutral and works stand alone or in conjunction with all major CAM suppliers. The company will be reported in Sandvik Coromant, a division within Sandvik Machining Solutions. “This is in line with our strategic focus to grow organically and through acquisitions in the digital

New State of Nature report points to persisting pressures on Europe's nature

Today the European Commission published its latest assessment of the state of nature  in the  European Union. It provides a comprehensive overview of the situation of Europe's most vulnerablespecies and habitats protected under EU nature laws .  The report underlines the clear need for action if we are to have any serious chance of putting Europe's biodiversity on a path to recovery by 2030, as envisaged in the new EU Biodiversity  

EU Green Week puts the spotlight on nature as our strongest ally in green recovery

After Covid-19, we know that radical changes can happen fast. What we don't know yet is how to make the most of this new beginning, for people and nature. From 19 to 22 October EU Green Week , Europe’s biggest environmental event, will explore the possibilities. How can we rethink our relationship with nature, and change the activities that are driving biodiversity loss and the wider ecological crisis? Join  three days of more than 30 virtual discussions on how protecting and restoring nature can stimulate

Alzinova’s rights issue is heavily oversubscribed

Alzinova AB (publ) (”Alzinova” or the ”Company”) has ended the issue of Units with pre-emption rights for the Company’s shareholders, which was resolved upon by the board of directors on 18 September 2020 on the basis of the authorization from the annual general meeting on 14 May 2020 (the “Rights Issue”). The subscription period ran from and including 30 September 2020 until and including 14 October 2020. Through the Rights Issue, Alzinova receives proceeds amounting to approximately SEK 49.6 million before deduction of costs related to the Rights Issue. 7,265,060 Units, corresponding to

UNITED BANKERS CORPORATION: ACQUISITION OF OWN SHARES 19.10.2020

United Bankers Corporation NOTIFICATION 19.10.2020 at 18:30 UNITED BANKERS CORPORATION: ACQUISITION OF OWN SHARES 19.10.2020 Date 19.10.2020Exchange transaction BuyShare class UNIAVAmount 247Average price/share 9.4095 EURHighest price/share 9.4500 EURLowest price/share 9.3500 EURTotal price 2,324.15 EUR The shares held by United Bankers Corporation on 19.10.2020: UNIAV 23,351   On behalf of United Bankers Corporation  Skandinaviska Enskilda Banken AB (Publ) Antti

NIXU CORPORATION SHARE REPURCHASE 19.10.2020

NIXU CORPORATION ANNOUNCEMENT  19.10.2020 NIXU CORPORATION SHARE REPURCHASE 19.10.2020 In the Helsinki Stock Exchange Trade date           19.10.2020Bourse trade         BuyShare                  NIXUAmount             3 000 SharesAverage price/ share    8,6533 EURTotal cost            25 959,90 EUR Nixu Corporation now holds a total of 20 405 sharesincluding the shares repurchased on 19.10.2020 On behalf of Nixu Corporation Nordea Bank Oyj Janne Sarvikivi

SAGA - Contemplated secondary placing of SDSD shares

Oslo, 19 October 2020. Saga Tankers ASA ("Saga Tankers" or the "Company") has engaged Fearnley Securities, ("Fearnleys" or the "Manager") for a contemplated sale of up to 105,846,245 existing shares in S.D. Standard Drilling Plc ("SDSD"), representing around 18.4 percent of the issued share capital and voting rights in SDSD (the "Transaction"). The Transaction will be structured as an accelerated book-building process towards the 30 largest shareholders of Saga Tankers, representing 92.3% of the shareholders in Saga Tankers. The book-building process will commence following the

Saga Tankers Asa: Private Placement of Nok 18 Million Completed – Conditional Grant of Share Options – Primary Insider Disclosure

Reference is made to the stock exchange notice from Saga Tankers ASA (the "Company") earlier today, 19 October 2020, regarding a change of strategy for the Company and appointment of a new CEO. The Company's Board of Directors has now resolved to complete a private placement (the "Private Placement") of 20,000,000 new shares in the Company (the "New Shares"). The New Shares have been issued at a price per New Share of NOK 0.90, and with each New Share holding a par value of NOK 0.01. The Private Placement was directed towards the Company's new CEO, Bjørn Simonsen, who will subscribe

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