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Implemented measures generate effect as profit more than doubles in first quarter

PE starts 2020 with a strong quarter. Net revenue totalled SEK 341 million (370). EBITA more than doubled to SEK 28.9 million (13.6) and the EBITA margin was 8.5 percent (3.7). The long-term sustainable efficiency improvements implemented in 2019 have had the intended effect, with the business achieving targeted profitability levels in the quarter. In addition, extensive measures are being taken to minimise the impact of the Covid-19 pandemic.First quarter, 1 January – 31 March 2020 · Net revenue totalled SEK 341.1 million (370.4) · EBITA was SEK 28.9 million (13.6) and the EBITA

Investment Outlook: Restart after sudden halt?

Press releaseStockholm, May 19, 2020 The rug was pulled out from under risk assets during March, as investors realised the severity of COVID-19 and its impact on the global economy. Central banks and governments responded rapidly and aggressively with stimulus packages, but the economic damage left behind by the pandemic will undoubtedly take time to repair. The question that investors are asking themselves is how fast economies can be restarted and revert to some kind of normality. Our forecast is a short but deep recession this year, followed by a robust recovery in 2021. “

VTT: A circular economy of plastics will reduce plastic pollution and slow down climate change

Press release, 19 May 2020 Moving to a circular economy of plastics is of pivotal importance if we want to combine our healthy and safe lifestyle with sustainable development. In our new publication on the circular economy of plastics, we explain how we can solve the environmental problems caused by plastics while also preserving the benefits we gain from them.Plastics have extremely useful properties: they help us keep our food fresh, make it possible to safely operate electrical devices and create various solutions in the medical field, such as disposable syringes and artificial joints.

​ A spreadable interlayer could make solid state batteries more stable

Solid state batteries are of great interest to the electric vehicle industry. Scientists at Chalmers University of Technology, Sweden, and Xi'an Jiaotong University, China now present a new way of taking this promising concept closer to large-scale application. An interlayer, made of a spreadable, ‘butter-like’ material helps improve the current density tenfold, while also increasing performance and safety. “This interlayer makes the battery cell significantly more stable, and therefore able to withstand much higher current density. What is also important is that it is very easy to apply

Kungsleden leases 3,000 sq.m. in major padel initiative in Umeå

Kungsleden has signed a 10-year lease contract with Padel Performance AB for approximately 3,000 sq.m. The Laven 6 property, situated at the Ersboda/Mariedal retail park, is now being converted into a state-of-the-art padel venue with seven courts. “We have been looking at the property for some time and can see enormous potential for racket sports and associated activities. We look forward to developing this location together with Kungsleden,” says Niklas Linrin, partner at Padel Performance AB. Kungsleden will work together with the tenant to remodel the premises, which

BERGENBIO ASA: RESULTS FOR THE FIRST QUARTER 2020

Bergen, Norway, 19 May 2020 – BerGenBio ASA (OSE:BGBIO), a clinical-stage biopharmaceutical company developing novel, selective AXL kinase inhibitors for unmet medical need, announces its results for the first quarter 2020. A live webcast presentation by the Company’s management will take place today at 10:00 am CET, please see below for details. Richard Godfrey, Chief Executive Officer of BerGenBio, commented: “During these past few months, with the unprecedented global challenges caused by the COVID-19 crisis, we have been focussed on executing our strategy while prioritising the

Oncoinvent Secures 40 Million NOK Financing Round Led by Hadean Ventures

Radiopharmaceutical company brings leading Nordic life science investor onboardOncoinvent AS today announced it has completed a 40 million NOK round of financing. Hadean Ventures led the investment round with participation from existing investors CGS Holding AS, Helene Sundt AS, Alpine Capital AS, Artal AS, and Sciencons AS. The investment brings Oncoinvent’s total funding to 268 million NOK and will help the company aggressively pursue clinical development of its lead product candidate Radspherin[®].  Dr. Ingrid Teigland Akay, Managing Partner of Hadean Ventures will join the Oncoinvent

Neste brings Neste MY Renewable Diesel to 51 new stations in Finland – the aim is to expand its availability to the whole of Finland

Neste Corporation, Press Release, 19 May 2020 at 8 (EET)  Neste brings Neste MY Renewable Diesel ™ to a significant number of new stations during April and May 2020 in Finland. With the expansion, Neste MY Renewable Diesel will be available at around 120 stations in growth centers as well as smaller towns. “Our customers have asked for more stations offering renewable diesel ‒ that is why we are now expanding the number of stations providing Neste MY Renewable Diesel in one big go. With

Wulff Group Plc: Manager Transaction

MANAGERS’ TRANSACTIONS  MAY 19, 2020 AT 8.00 A.M.  Wulff Group Plc has received a notification from Heikki Vienola, Wulff Group Plc’s Member of the Senior Advisory Board and Growth Expert, of a transaction made with its financial instrument, according to the EU Market Abuse Regulation. Detailed information about the transaction is given in the table below. Person subject to thenotification requirementName: BVI-Tuote Oy, Legal personPosition: Closely associated personPerson dischargingmanagerial responsibilitiesin issuerName:

Wulff Group Plc: Manager Transaction

MANAGERS’ TRANSACTIONS  MAY 19, 2020 AT 8.00 A.M.  Wulff Group Plc has received a notification from Jussi Vienola, Wulff Group Plc Member of the Board, of a transaction made with its financial instrument, according to the EU Market Abuse Regulation. Detailed information about the transaction is given in the table below. Name: Jussi VienolaPosition: Member of the BoardIssuer: Wulff Group PlcLEI: 74370016PW2V4W02LX91Notification type: Initial notificationReference number:

Krefting Foundation donates SEK 50 million to Universeum

Universeum science center in Gothenburg is to receive SEK 7 million from the Herman Krefting Foundation for Allergy and Asthma Research, the principal owner of the VBG Group. The donation kicks off Universeum’s life science venture, the initial phase being a new learning environment developed with the Krefting Research Center. This collaboration with the Krefting Foundation will continue until 2026 and the donations will total some SEK 50 million over the period.The Krefting Foundation was formed by Herman Krefting — founder of the VBG Group, who was himself an asthmatic. The Foundation

Midem Talent Exporter Selection Revealed - Powered by Amuse

Midem , home of the global music community, today reveals the selection in its debut Talent Exporter programme, spotlighting the freshest worldwide talent and boosting the international reach of artists.The Midem Digital Edition will be the place to discover the freshest global emerging talent and enable the next generation of artists to learn, connect, and be inspired. Today, as we collectively face the unprecedented challenges of a global crisis,

Chiquita Creates Culinary Getaway for World Day for Cultural Diversity

Showcasing Unique Banana Recipes from Across the GlobeFort Lauderdale, FL – May 18, 2020 – Chiquita, the world’s leading banana company, is celebrating World Day for Cultural Diversity  on May 21 and honoring its diverse workforce and fanbase by sharing banana-centric recipes from around the world. Chiquita works with more than 20,000 employees across 25 countries to supply its nutritious bananas to fans in more than 70 markets. By showcasing a variety of recipes from different countries, Chiquita aims to provide a culinary getaway for

Nel ASA: Issue of shares pursuant to exercise of employee share options

(Oslo, 18 May 2020) Reference is made to announcement from Nel ASA (the "Company") on 18 May 2020, where it was announced that Jon André Løkke, CEO of Nel ASA, had exercised 6,000,000 options at a strike price of NOK 3 per share. Following this exercise, the board of directors has, in accordance with the authorization granted by the general meeting on 13 May 2020, resolved to issue the 6 million shares. Upon registration of the new shares, the Company's share capital will be NOK 266,186,956.60, divided into 1,330,934,783 shares with par value NOK 0.2. For further information, please

Nel ASA: Mandatory Notification of Trade

(Oslo, 18 May 2020) Reference is made to the stock exchange notice made on 18 May 2020 regarding the exercise of 6,000,000 share options by Jon André Løkke, the CEO of Nel ASA (the “Company” or “Nel”). To settle shares and pay taxes, Mr. Løkke has today sold 4,500,000 shares in the Company at a price of 11.77 per share. Following the transaction, Mr. Løkke and related parties has more than doubled the number of shares in the Company from 1,200,634 to 2,700,634 shares. Mr. Løkke has thus retained 60-65% of the net exposure after tax from the option exercise and 75-80% of his total net

Net Gaming Europe obtains approval from bondholders regarding certain amendments to the terms and conditions of its outstanding senior secured bond loan 2017/2020

Net Gaming Europe AB (publ) (“Net Gaming”) announced on 21 April 2020 that it is, through a written procedure, soliciting approval from holders of its bonds (the “Bondholders”) with ISIN SE0010297572 (the “Bonds”) to make certain amendments (primarily an extension of the term to 14 September 2022)  to the terms and conditions of the Bonds.A requisite majority of the voting bondholders voted in favor of the request to amend the terms and conditions of the Bonds. The bondholders´ consent to amend the terms and conditions for the Bonds were deemed to be approved as from the expiry of the

BUY NOW, PAY LATER OPTIONS DRIVE INCREASE IN E-COMMERCE SALES OF TRAVEL SERVICES AND EVENT TICKETS AS SOME STATES BEGIN TO LIFT STAY-AT-HOME ORDERS

New Data from Klarna Show Airline Sales Made Through the Klarna App Up 26% Week over Week, Boding Well for Travel Recovery Data Also Reveal Household Appliances Up 45% and Women’s Accessories Up 12% in Terms of Average Daily Sales VolumesNew York, NY (May 18, 2020) – Klarna, a leading global payments and shopping provider, today released new data from its app in the US, indicating that travel services and event ticket sales are beginning to recover. While still significantly lower compared to an average pre-COVID week, the Airlines category saw a 26% week-over-week rise in average daily

European Lingerie Group AB announces its bond being placed on the observation status by Nasdaq Stockholm

On 18 May 2020 European Lingerie Group AB (the Company) has been informed by Nasdaq Stockholm that the Company’s senior bonds with ISIN SE0010831792 have been given an observation status. The decision by Nasdaq Stockholm has been taken with reference to the earliest press release by the Company from 13 May 2020.This information is information that European Lingerie Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out below, at 18.30

The Nomination Committee of Mentice AB has resolved to amend it previous proposition regarding Item 2 of the agenda for the Annual General Meeting to be held on May 27[th] 2020

The Nomination Committee of Mentice AB has resolved to amend it previous proposition regarding Item 2 of the agenda for the Annual General Meeting to be held on May 27th 2020 with regards to the proposed chairman of the meeting 2020 Due to the current situation with regards to the virus spread of Covid-19 and the restrictions communicated as a result of this, the previously proposed chairman, Lawrence D. Howell, will not likely be able to attend the meeting, and thus the Nomination Committee has decided to adjust its resolution proposal. The Nomination Committee instead proposes that Bo

UPM Energy sells its share in Kainuun Voima to Kajaanin Energiantuotanto

(UPM Energy, Helsinki, 18 May 2020 at 19:15 EET) - UPM Energy and the City of Kajaani have negotiated an agreement, according to which, UPM Energy Oy will sell its 50% share in Kainuun Voima Oy to Kajaanin Energiatuotanto Oy, owned by the City of Kajaani. In addition to the share capital, UPM Energy's customer agreements specified in the deed of sale and the related rights and obligations (steam supply and sales agreements) will be transferred to Kajaanin Energiantuotanto in connection with the transaction. In addition, in connection with the share transaction in Kainuun Voima Oy, the

European Lingerie Group AB announces non-payment of coupon payment due on 22 May 2020

As announced earlier, European Lingerie Group AB (the Company) is experiencing adverse financial circumstances as a consequence of the extraordinary world-wide events arising due to the COVID-19 pandemic. The Company has initiated actions to mitigate the effects of the virus to ensure that the Company can operate on a sustainable financial platform both during and after the pandemic. The Company is actively managing the liquidity situation during the crisis period and currently sees that there is no sufficient liquidity for the next coupon payment due on 22 May 2020.The non-payment of the

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