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Telia Company restructures its vendor financing program

· Telia restructures its vendor financing program and reduces its volume by approximately 50% during H2 2024 · The purpose of the restructuring is to drive simplification, reduce cash flow volatility and increase balance sheet transparency, while retaining the program’s benefits to Telia and its suppliers Telia Company’s vendor financing program is a valuable component of its working capital management, enabling extended payment terms for Telia while bringing benefits to Telia’s suppliers in the form of accelerated payments. Accounts payable under vendor financing arrangements were

Metso terminates its waste-to-energy business and books a one-time expense of EUR 255 million in discontinued operations’ results

Metso Corporation, Stock exchange release, Insider information, on September 4, 2024, at 08:35 a.m. EESTMetso has completed the termination of its waste-to-energy business and now settled the related legal processes concerning historic projects. As a result, it will book a one-time expense of EUR 255 million in the July-September results of its discontinued operations. The cash flow impact of this expense in 2024, considering the existing provision, is around EUR 270 million. The waste-to-energy business has been reported as part of discontinued operations in Outotec since December 2019 and

Flower moves to Atrium Ljungberg’s Slussen

Over the past two years, Flower has expanded from 25 to 120 people, and it will continue to expand. The company is now moving its head office to Atrium Ljungberg’s property Glashuset in Slussen. The lease contract comprises approximately 2,500 m[2], and occupancy will take place in the autumn of 2024.Flower was founded in 2020 and is Sweden’s leader in energy trading and optimisation of battery storage. By combining advanced software technology with flexible energy resources, Flower makes tomorrow’s renewable energy system possible. The company is expanding rapidly into select European

Panoro Energy – Ex Cash Distribution Today

Oslo, 4 September 2024 – The shares in Panoro Energy ASA will be traded ex cash distribution (NOK 0.427 per share) as from today, 4 September 2024. The payment date will be on or around 13 September 2024. Enquiries Qazi Qadeer, Chief Financial OfficerTel: +44 203 405 1060Email: investors@panoroenergy.com About Panoro Energy Panoro Energy ASA is an independent exploration and production company based in London and listed on the main board of the Oslo Stock Exchange with the ticker PEN. Panoro holds production, exploration and development assets in Africa, namely interests

Wihlborgs signs agreement with Arm at Ideon in Lund

The rapidly growing chip design company Arm has signed a seven-year agreement for 5,700 square meters in Vätet 1 in the innovation district Ideon. Wihlborgs is now carrying out a renovation and extension of the Beta 1-2 buildings to modernize the property and further increase the attraction in the area.Arm is the company building the future of computing, and already has property at Ideon but given strong growth is looking to expand its footprint in Sweden. Vätet 1, which Wihlborgs acquired in 2006, consists of six interconnected buildings known as Beta 1-6. The property is located in the

Telia Company initiates change program targeting annual savings of at least SEK 2.6 billion

· Program set to improve customer focus by strengthening country units with additional capabilities for faster decision-making and improved commercial execution, while reducing layers of organizational complexity · Subject to union negotiations, Telia aims to reduce its headcount by 3,000* positions during 2024, impacting all units across Telia, with proportionally higher impact on group and common functions and a proportionally lower impact on country units · Program expected to result in restructuring charges of approximately SEK 1.4 billion in H2 2024, with expected annual savings

Wärtsilä introduces Quantum3: A complete, high-density AC block energy storage system with industry-leading features and controls

Wärtsilä Corporation, Trade press release, 4 September 2024 at 8 EESTTechnology group Wärtsilä has launched Quantum3, an intelligent cutting-edge battery energy storage system (BESS) with new safety, cybersecurity, energy density, and sustainability design features. Quantum3 is the latest addition to Wärtsilä’s Quantum battery energy storage product portfolio supporting a global decarbonised future. Quantum3 addresses the evolving needs of grid-scale energy storage customers and the markets in which Wärtsilä systems are deployed. “Time and again, our customers choose Wärtsilä as their

Clas Ohlson interim report Q1 2024/25

Continued strong sales and earnings performanceFirst quarter – 1 May to 31 July · Net sales amounted to 2,623 MSEK (2,193), an increase of 20%, of which 10% relates to organic growth, 0% to currency effects and 10% to sales in Spares Group · Online sales amounted to 494 MSEK (253). Excluding Spares Group, online sales amounted to 283 MSEK (253), an increase of 12% · Operating profit amounted to 203 MSEK (-16*) · Profit after tax totalled 146 MSEK (-26) · Earnings per share was SEK 2.30 (-0.42) Events after the end of the reporting period · Net sales in August

Regulatory Realities and Near-Term Opportunities in the Energy Transition Explored at Annual ABS Sustainability Summit

(HAMBURG) With Fuel EU Maritime already impacting shipowners, energy efficiency and fleet-wide pooling are critical to short term sustainability success according to leading industry figures at the annual ABS Sustainability Summit, which kicked off the SMM Exhibition in Hamburg. In a wide-ranging keynote, Navigator Gas CEO Mads Peter Zacho was positive about the progress of the transition, describing it as a business opportunity and said he welcomes the prospect of a carbon levy. He said: “Climate change is not slowing down; it is accelerating, which means we need to move

Filo Announces the Mailing and Filing of Meeting Materials in Connection with the Special Meeting to Approve Acquisition by BHP and Lundin Mining

VANCOUVER, BC, Sept. 3, 2024 /CNW/ - Filo Corp. (TSX: FIL) (Nasdaq First North Growth Market: FIL) (OTCQX: FLMMF) (“Filo” or the “Company”) is pleased to announce that it has mailed and filed a management information circular dated August 26, 2024 and related meeting materials (collectively, the “Meeting Materials”) for its special meeting of Shareholders (as defined below) of Filo (the “Meeting”) to be held to consider and vote on the proposed Arrangement (as defined below). At the Meeting, holders of the common shares (“Filo Shares”) of the Company (the “Shareholders”) and their duly

Borr Drilling Limited – Notice of Special General Meeting of Shareholders

Borr Drilling Limited (the “Company”) (NYSE and OSE: BORR) advises that the Company will hold a Special General Meeting on Tuesday, October 1st, 2024 to approve the delisting of the Company’s common shares from the Oslo Stock Exchange and to authorise the Board of Directors to take steps to implement the delisting including filing an application to the Oslo Stock Exchange on behalf of the Company. The Board of Directors has fixed 5:00 p.m. Bermuda time on Tuesday, September 10th, 2024 as the record date for determination of the shareholders entitled to attend and vote at the Special

Progressive Insurance® named Presenting Sponsor for RLCS World Championship 2024 at Dickies Arena in Fort Worth, Texas

Esports entertainment company BLAST has announced a sponsorship with Progressive Insurance to become Presenting Sponsor of the Rocket League Championship Series (RLCS) World Championship 2024. Progressive is the second largest personal auto insurer in the United States, a leading seller of commercial  auto, motorcycle , and boat  insurance, and one of the country’s top 15 homeowners insurance carriers. The RLCS World Championship (10th-15th September) will be hosted at the

World Water Week: ‘We cannot wait & watch from the sidelines; must act now to future-proof food production’

How do we enable small-hold farmers to become Impact Generators and what is the climate & economic cost if we don’t? At the World Water Week session on ‘Resilient Food Production & Water: Small-hold Farmers as Impact Generators’, representatives from IFC, Spowdi and Barnfonden held an open discussion on the pressing issue of the climate impact on food production and the urgency to build a climate resilient food production system, focusing on the pivotal role that small-hold farmers play in food production. Responsible for producing a third of the world’s food, these small-hold farmers are

UPM Raflatac's Pressure Sensitive Labels Earn First-ever APR Certification for Recyclability on Natural HDPE

(UPM Raflatac, Mills River, NC, USA, September 3, 2024, at 13:00 ET) – UPM Raflatac, a global supplier of innovative and sustainable self-adhesive paper and film products, has recently earned APR Design® for Recyclability Recognition for its clear and white polypropylene (PP) labels with hotmelt, UPM Raflatac SmartCircleTM wash-off adhesive, and general-purpose acrylic adhesives. This recognition from the Association of Plastic Recyclers (APR) validates that these labels meet or exceed the recycling criteria for polyethylene terephthalate (PET) and high-density polyethylene (HDPE)

Buy-back of shares in MTG during week 35, 2024

During the period between 26 August and 30 August 2024 Modern Times Group MTG AB (publ) (LEI code 549300E8NDODRSX29339) (“MTG”) repurchased, in total, 75,162 own class B shares (ISIN code SE0018012494) under the share repurchase program initiated by the Board of Directors.The share buy-backs form a part of the share repurchase program of a maximum of 5,789,385 shares for a maximum amount of SEK 400 million, which MTG announced on 16 May 2024. The share repurchase program, which runs from 17 May 2024 up until and including 30 April 2025, is being carried out in accordance with the Market

The Board of Directors of Investment AB Latour (publ) has decided to exercise the authorization to repurchase own class B shares

The Board of Directors of Investment AB Latour (publ) has decided, pursuant to the authorization granted by the Annual General Meeting held on May 14, 2024, to acquire own shares on Nasdaq Stockholm. The purpose of the acquisition is to ensure Latour's commitments to deliver shares in accordance with Latour's call option program. The repurchase may commence on September 4 2024 and will be administrated by Skandinaviska Enskilda Banken AB (publ). Share repurchases will be carried out on Nasdaq Stockholm in accordance Nordic Main Market Rulebook for Issuers of Shares. According to the

The Board of Tradedoubler has resolved to launch a rights issue

The information in this press release is not intended for distribution, publication or public release, directly or indirectly, in or into, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa, Switzerland, Singapore, the United States or any other jurisdiction where the publication or distribution of this press release may be unlawful. Please see the important notice at the end of this announcement. The Board of Directors of Tradedoubler AB (publ) (“Tradedoubler” or the “Company”), has today resolved, by exercising the authorization form the annual general meeting, to launch a

Relais Group Plc: Share Repurchase 3.9.2024

Relais Group Plc  ANNOUNCEMENT  3.9.2024 Relais Group Plc: Share Repurchase 3.9.2024 In the Helsinki Stock Exchange Trade date           3.9.2024Bourse trade         BuyShare                  RELAISAmount             820 SharesAverage price/ share    15,0500 EURTotal cost            12 341,00 EUR Relais Group Plc now holds a total of 53 629 sharesincluding the shares repurchased on 3.9.2024 On behalf of Relais Group Plc Nordea Bank Oyj Janne Sarvikivi

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