Panoro Energy – Drilling Program to Recommence in Equatorial Guinea With the Arrival of Noble Venturer Drill Ship
Oslo, 3 July 2024 – Panoro Energy ASA (“Panoro” or the “Company”) notes the announcement by Trident Energy, the operator of Block G offshore Equatorial Guinea, confirming the arrival of the Noble Venturer drill ship at Luba port, Bioko Island. The drilling campaign, which is expected to recommence shortly, will comprise of two infill wells located in water depths of 250 metres and 740 metres, before moving to the adjacent Block S to drill the Kosmos Energy operated Akeng Deep infrastructure led exploration well. The contract was awarded to Noble Corporation for its Noble Venturer drill ship in April 2024 by Trident Energy on behalf of the joint venture partners including Panoro, Kosmos Energy and GEPetrol. Panoro has a 14.25 per cent participating interest in Block G which holds the producing Cebia Field and Okume Complex and a 12 per cent participating interest in Block S. John Hamilton, CEO of Panoro, commented: “We are pleased to receive the high specification Noble Venturer drill ship in country and look forward to recommencing the infill drilling campaign at Block G which will be followed by the high impact Akeng Deep infrastructure led exploration well which, if successful, can open a new play fairway with a potentially very positive read across to the adjacent Block EG-01 which Panoro operates.” Enquiries Qazi Qadeer, Chief Financial OfficerTel: +44 203 405 1060Email: investors@panoroenergy.com About Panoro 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 in Block-G, Block S and Block EG-01 offshore Equatorial Guinea, the Dussafu Marin License offshore southern Gabon, the TPS operated assets, Sfax Offshore Exploration Permit and Ras El Besh Concession, offshore Tunisia, and onshore Technical Co-operation Permit 218 in South Africa. Visit us at www.panoroenergy.com. Follow us on LinkedIn
This July marks the one-year anniversary of FedNow, the US Federal Reserve’s instant payments rail. Today, FXC Intelligence, the market-leading provider of payments data and intelligence, looks at the progress made by FedNow in a new report .
As of the end of June, more than 800 financial institutions across the US have adopted FedNow, marking a significant increase from the 35 participating institutions that FedNow launched with in July 2023.
Separately, the number of financial institutions that are serving as settlements and liquidity providers to the FedNow service has also increased from 26 at launch to 34 at the end of June, as has the number certified service providers – from 17 to 32 since launch.
Analysis of FedNow’s list of onboarded institutions shows consistent growth month-on-month, with pace picking up over the last few months – in March it overtook The Clearing House’s Real Time Payments system in terms of institutions adopted.
Notably, the list shown by FedNow only includes institutions that have completed testing and certification for the services. Should adoption carry on at the current rate, it is likely that this list will have expanded to more than 1,000 banks in the coming months.
Despite this significant progress, it is still a long way off its goal to onboard around 8,000 institutions in the US, with the service competing for relevance amongst several other major legacy payment rails in the US.
Experts also highlight that only 40% of institutions have signed up to send payments, with many going receive-only as an initial foray into adoption, so there is still some way to go to achieve the intended network effect.
Google search trend data highlights a decline in the relative rate of searches for the term “FedNow” since July last year, which indicates that interest in the topic has waned since the initial hype around the system’s launch. Analysis of transcripts for earnings calls across the top 10 banks in the US by market capitalization shows almost no mention of FedNow, instant payments or real-time payments, indicating the topic is not at the top of priorities for banks.
As it stands, FedNow is finding its feet within the US domestic payments space, although there have been several launches of cross-border linkages between instant payments in other regions in the world.
The world’s financial regulators, policymakers and industry leaders descended on Zurich this week to collaborate on the advancement of global financial systems at Point Zero Forum. Daniel Webber, CEO and Founder of FXC Intelligence, spoke to its audience about the state of cross-border payments, including the potential impact of real-time payments on the industry.
Following the conference, Daniel Webber said:
“Undoubtedly, US businesses and consumers would reap many benefits from an instant-payments led future, with services like FedNow enhancing the overall efficiency and speed of payments. Whilst the service has grown significantly over the past year, it is clear that it has some way to go until it reaches its goals and realizes the full potential of the network.
“I discussed the potential trajectory of real-time payments in the US and globally with decision-makers earlier this week at Point Zero Forum. As it stands, FedNow will remain domestic focused. With an eye to the future however, FedNow could become an integral part of the international payments ecosystem.”
To read the report in full click here .
Further information
· FXC Intelligence is the industry leader in cross-border payments data and intelligence. · The world's biggest banks, payments and big tech companies use our critical data to make vital decisions that shape their day-to-day operations, product development and strategy. · Our data is also used by a number of international bodies, including the World Bank and the Financial Stability Board, to provide the most important indices in the sector. · We track pricing, market size and product changes as they happen and update our dataset at high frequency, giving our clients the competitive edge they need to stay on top in a rapidly changing market. · Our platform, which is built on top of our data, offers solutions such as a price engine and sales enablement tool to drive our clients’ growth and profit. · Our data gives us a unique understanding of cross-border payments and we share our analysis and insights every week with subscribers to our newsletter, the most widely read in the cross-border payments market globally. Interested and want to find out more? Sign up to our newsletter here.
Nightingale Health Plc
Press release
3 July 2024 at 4:35 p.m. (EEST)
Nightingale Health Plc (“Nightingale Health”), a pioneer in disease risk detection and preventive health reached multiple milestones in adopting its technology in healthcare settings during the financial year July 2023 – June 2024. The milestones ranged from pilots to a nationwide implementation replacing traditional blood testing with Nightingale Health’s advanced disease risk detection capability. These achievements align well with the updated strategy that the company announced early in the financial year, and demonstrate significant progress in Nightingale Health’s mission to make healthcare more sustainable worldwide.
In August 2023, Nightingale Health announced an agreement with Suomen Terveystalo Oy (“Terveystalo”) to adopt Nightingale Health’s technology in nationwide occupational healthcare in Finland. In Finland, occupational healthcare is a core part of the primary healthcare system and through the partnership with Terveystalo, Nightingale Health’s technology is used to screen 30% of the working population in Finland. By the end of the financial year, Nightingale Health had empowered hundreds of healthcare professionals with better tools for preventive health and more than 50,000 individuals had benefitted from the multi-disease risk detection enabled by the company’s technology. The first data analysis results were published in aggregate level in the last quarter of the financial year, demonstrating the power of Nightingale Health’s technology to enable a preventive national healthcare system instead of the current reactive approach.
In the third quarter of the financial year, Nightingale Health announced that it acquired Welltus Inc. to strengthen and expand its business in Japan. With the acquisition Nightingale Health is in an excellent position to capitalise the established network of more than 200 hospitals in Japan and seek for new partnerships to expand the use of company’s technology in one of the major healthcare markets in Asia.
Over the financial year Nightingale Health has been working on two new laboratory implementations, one in Singapore and the other in the United Kingdom. In Singapore,Nightingale Health announced a partnership agreement with Innoquest Diagnostics . Innoquest is a subsidiary of Pathology Asia, one of the largest diagnostic service providers in the South-East Asia region. Through this partnership Nightingale Health is in an excellent position to address the rapidly developing Singaporean market, but also more broadly the South-East Asia region with a population of around 500 million people. In addition to establishing a new laboratory in the UK , Nightingale Health completed the analysis of all 500,000 samples in the UK Biobank and created the world’s largest blood biomarker database for chronic disease research. No other company in the world has managed to reach a similar level of scientific scrutiny and medical evidence as Nightingale Health in understanding chronic diseases. This not only creates a strong position to offer Nightingale Health’s technology in the UK but also worldwide to the most demanding primary healthcare use cases.
In the United States, Nightingale Health announced two strategic partnership deals at the end of the financial year. One of the deals was made with Boston Heart Diagnostics and the other with 23andMe . These partnerships together with the company’s earlier announcements with Kaiser Permanente , Weill Cornell Medicine and Mass General Brigham are key initiatives driving the adoption of Nightingale Health’s technology in the United States. By working with some of the strongest healthcare organisations in the US, Nightingale Health is well positioned to seek further growth in the world’s largest healthcare market.
Nightingale Health also announced late in the financial year that the company has acquired all intellectual property assets of the VelvetTM blood collection device. The acquisition secures Nightingale Health’s position as the sole provider of a fully integrated remote health check solution. The VelvetTM technology will be utilised in the partnerships with 23andMe and also with ZOE , a UK based wellbeing company, in another partnership announced late in the financial year.
In summary, over the financial year of July 2023 – June 2024, Nightingale Health has demonstrated breakthroughs in several areas to drive the adoption of company’s technology in healthcare settings. The company is well positioned to seek for further breakthroughs in the new financial year.
For further information, please contact:
Teemu Suna, CEOir@nightingalehealth.com
About Nightingale Health
Nightingale Health’s mission is to build sustainable healthcare and reduce health inequalities. Nightingale Health has developed the world’s most advanced health check that provides risk detection for multiple chronic diseases from a single blood sample. Nightingale’s Health Check can be scaled to entire populations at a low cost, and it can replace many of the current clinical risk assessments. Detecting disease risks on a population level allows for the effective targeting and tracking of health interventions, and better prevention of the onset of chronic diseases. With every sample we help to create a healthier world.
Nightingale Health operates globally with a parent company in Finland and seven subsidiaries in countries such as Japan, the United States, Singapore, and the United Kingdom. Nightingale Health has customers in more than 34 countries in the healthcare and medical research sectors. The company’s technology is being used in many of the world’s leading health initiatives, such as the UK Biobank, and over 600 peer-reviewed publications validate the technology. The company’s Series B shares are listed on the First North Growth Market Finland marketplace. Read more: https://nightingalehealth.com
The presentation and a video link for the webcast will be available here from the time of the publication of the Half-year Report.
To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.
The webcast can be followed live here and a recording will be available afterwards.
Information on EQT AB’s financial reporting
The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.
The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.
Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15EQT Shareholder Relations, shareholderrelations@eqtpartners.comRickard Buch, Head of Corporate Communications, +46 72 989 09 11EQT Press Office, press@eqtpartners.com, +46 8 506 55 334
Helen is one of Finland’s largest energy operators and has worked with Sweco for many years. For example, Sweco has taken the role of Engineering, Procurement, and Construction Management (EPCM) partner in several heating and cooling plant projects. The new 3H2 Helsinki Hydrogen Hub is Helen’s first hydrogen investment and it will be a pilot plant with the capacity of approximately three megawatts.“Sweco has extensive experience of working as an advisor and EPCM partner to Helen and we have joint operating methods in place for smooth project delivery. This successful cooperation is now being extended to include Sweco’s considerable expertise in hydrogen, gained from numerous projects in Finland and also across Europe. It is fantastic to continue together towards achieving Helen’s carbon neutrality targets, as part of the ongoing green transition,” says Thomas Hietto, Business Area President of Sweco Finland.As EPCM partner, Sweco is responsible for planning the project’s regional infrastructure, including architectural, structural engineering and plant design, as well as project management, procurement and site management services. The electrolyser and related equipment are designed, supplied, and installed by a different partner.“The 3H2 project is the first of its kind in the world and combines four different sectors: electricity, transport, heating and hydrogen, and the flexibility between them. For Helen, hydrogen is an essential part of our new strategy, and we are committed to investing in the development of the hydrogen business. It is great to continue our smooth cooperation with Sweco by building Helsinki’s first green hydrogen production plant together,” says Sari Mannonen, SVP, New Business and Hydrogen of Helen.In the energy transition, Sweco supports its clients by bringing together expertise in areas of strategic importance for energy supply. These range from renewable energy production, expansion of the electricity transmission and distribution grid, efficient energy consumption, and technological development in areas such as hydrogen energy storage, carbon capture and storage (CCS) and carbon capture and utilisation (CCU).
Background informationAbout Finland and hydrogen:Finland aims to be carbon neutral by 2035 . To be successful, the Finnish government has approved a plan in which Finland aims to produce at least 10 per cent of all green hydrogen within the EU by 2030. It is estimated that the amount of hydrogen used in Finland, which currently stands at approximately 140 kilotons per year, will be doubled within the next 10–15 years.About the client:Electricity, district heating and district cooling from Helen | Helen Helen to invest in Helsinki’s first green hydrogen production plant | Helen Helen’s first hydrogen plant is designed by Sweco | Helen
Related:Sweco has also acted as Helen’s EPCM partner in the Eiranranta and Salmisaari heating and cooling plant projects. The critical role of green hydrogen and P2X in Finland’s energy transition (swecogroup.com) Sweco Group - Sweco supports VoltH2 in design and development of new green hydrogen plant in the Netherlands Sweco Group - First large-scale green hydrogen plant in the Benelux Sweco - How green hydrogen is transforming industrial sector (swecogroup.com) Sweco Group - Sweco selected as engineering partner for 70 km hydrogen pipeline in Belgium Sweco Group - Hydrogen production from plastic waste
Husqvarna Group was founded in 1689 and is today a leading global producer of innovative products and solutions for forest, park and garden care. Its product range includes, among other things, robotic lawnmowers, power saws and watering solutions for gardens. Husqvarna Group is also a leader in equipment and diamond tools for the light construction and stone processing industries. The Group's products are sold primarily under the global brands Husqvarna and Gardena in more than 100 countries. Husqvarna Group is now moving its head office to Mineralvattenfabriken in Hagastaden.
“At Husqvarna Group, we are very pleased that Mineralvattenfabriken will be the home of our head office. The location is the perfect fit for “the world’s oldest start-up”, with Mineralvattenfabriken’s industrial history and Hagastaden’s vibrant innovation power. We believe that our new office hub will be a source of good collaboration and experiences for both customers and employees for a long time to come,” says Leigh Dagberg, Executive Vice President People & Organization, Husqvarna Group.
Atrium Ljungberg is one of the largest property developers in Hagastaden, and its portfolio boasts both converted industrial buildings and modern office blocks. This includes not only Mineralvattenfabriken but also new Life City, Industricentralen and so-called PV Palatset. The plan is for Hagastaden to grow by 50,000 jobs and 6,000 new residences by 2030. One of the largest park projects in the city is also expected to pass through the heart of this district, linking Hagastaden with Haga Park.
“We are pleased to welcome Husqvarna Group to Mineralvattenfabriken. This property has an industrial feel and history. As Hagastaden grows and develops, it is becoming increasingly clear that interest in the district is increasing. It is truly a place for forward-leaning and innovative companies,” says Catarina Lennartsson, leasing manager at Atrium Ljungberg. “It has a unique international atmosphere that is difficult to find anywhere else in Stockholm, with everything from art galleries and restaurants to outdoor gyms and rooftop bars,” Catarina concludes.
The lease contract with Husqvarna Group is a so-called green lease contract. This is when the landlord and the tenant agree on joint measures to retain or improve the environmental performance of the premises.
Nacka, 04/07/2024Atrium Ljungberg AB (publ)
Since its launch in September 2023, Scandic Go has been well received by guests and property owners alike, attracting new partners. And now, Scandic will add 176 hotel rooms to the Lilla Bommen district in Gothenburg, where existing office space will be converted into a Scandic Go. In Umeå, an entire office building will be converted into a Scandic Go with 100 rooms. The conversions will be initiated by the property owners during the first quarter of 2025. The hotels are expected to open during the first part of 2026.
Greater demand for hotels combined with longer lead times for establishing new hotel properties is creating an opportunity for Scandic. By conversion of office spaces and other properties, Scandic can accelerate the growth of its new brand in the economy segment. Conversions are carried out by the property owner, allowing the landlord to also plan for other commercial activities in the building in addition to hotel operations.
- We’ve been considering using office spaces for new Scandic Go hotels for some time, which is an important enabler to achieve our goal to add 1,000 to 1,500 rooms per year to our pipeline. Gothenburg, in particular, is a key destination for Scandic, where we have a strong presence in a robust hotel market. Umeå is also a stable market, attracting students and business travelers as well as summer and winter tourists. I am convinced that these new Scandic Go hotels in Gothenburg and Umeå will be the perfect complement to our existing hotel offering, says Jens Mathiesen, President & CEO of Scandic Hotels Group.
Scandic Go, Lilla Bommen, GothenburgThe new hotel will be located about 300 meters from Gothenburg’s Central Station and a short distance from the existing Scandic Göteborg Central. The area surrounding Lilla Bommen is undergoing one of Sweden’s largest urban development projects, which is creating long-term appeal for the new district. In addition to Scandic Go, the converted property will also house commercial operations such as a gym and a restaurant. The hotel will have 176 rooms including 20 rooms with bunk beds.
Scandic Go, UmeåIn central Umeå, approximately 250 meters from the central station, a former office building will be converted into a Scandic Go. With 100 rooms on five floors, the new hotel will become a landmark in the city. The property will be environmentally certified according to BREAM Very Good standards, and thanks to extensive upgrades, Scandic expects significantly lower operating costs compared with a more traditional hotel. The long-term agreement for this hotel was signed with property owner Diös.
- I’m really looking forward to establishing more Scandic Go properties in strong, attractive hotel destinations like Gothenburg and Umeå. We’re bolstering the position of our new brand, which is already well-loved by guests, and I’m hopeful about continuing to add even more Scandic Go properties to our hotel portfolio. I’d like to thank the property owners for their excellent collaboration, and I look forward to cutting ribbons at these two fantastic new hotels in 2026, says Peter Jangbratt, Country Managing Director Sweden at Scandic Hotels.
After the opening, Scandic will operate 10 hotels with a total of 2,846 rooms in Gothenburg. Once the new Scandic Go opens in Umeå, Scandic’s total capacity in the city will be three hotels with 458 hotel rooms.
For more information, please contact:Oscar Brehmer, Communication Manager, Scandic Hotels GroupEmail: oscar.brehmer@scandichotels.comPhone: +46 721 709 297
Rasmus Blomqvist, Director Investor Relations, Scandic Hotels GroupEmail: rasmus.blomqvist@scandichotels.comPhone: +46 702 335 367
About Scandic Hotels GroupScandic is the largest hotel company in the Nordic countries with a network of about 280 hotels and 58,000 hotel rooms in operation and under development at more than 130 destinations. The company is leading the way in integrating sustainability in all areas and its award-winning Design for All concept ensures that Scandic hotels are accessible to everyone. Well loved by guests and employees, the Scandic Friends loyalty program is the largest in the Nordic hotel industry and Scandic is one of the most attractive employers in the region. Scandic is listed on Nasdaq Stockholm.www.scandichotelsgroup.com
An online presentation of the report, followed by a question-and-answer session, will be broadcasted at 9.00 a.m. CEST. The Volvo Group will be represented by President and CEO Martin Lundstedt and CFO Mats Backman.
Link to webcast: https://qreport.volvogroup.com/
Press and analysts who want to participate in the press conference via conference call, may call the telephone exchange at +46 10-444 18 30 from 8.00 a.m. CEST.
One-on-one calls for media can be arranged from 10.15 a.m. CEST. Please contact Claes Eliasson, Head of Media Relations for inquiries, contact information below.
July 4[th], 2024
Journalists wanting further information, please contact:Claes Eliasson, Head of Media Relations+46 76 553 7229press@volvo.com
For more information, please visit volvogroup.com For frequent updates, follow us on X: @volvogroup
The Volvo Group drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers’ uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs more than 100,000 people and serves customers in almost 190 markets. In 2023, net sales amounted to SEK 553 billion (EUR 48 billion). Volvo shares are listed on Nasdaq Stockholm.
Momentum Bioscience is developing the SepsiSTAT® technology allowing isolation and separation of bacteria directly from blood. By combining the enrichment technology from Momentum Bioscience with the CE marked QuickMIC® system for ultra-rapid antibiotic susceptibility testing (AST) by Gradientech, AST in a few hours directly from blood is demonstrated. Results from earlier collaborations between the two companies were presented during ECCMID and ASM Microbe last year, with the project now being extended to include the latest development of automation and bacterial enrichment at Momentum Bioscience.
"Blood culture-free workflows for bacterial identification and AST are a significant advancement for rapid and accurate guidance of antibiotic treatment. Newer rapid AST systems such as Gradientech’s QuickMIC are an excellent complement to our blood-culture-free direct-from-blood technology," says Sumi Thaker, CEO at Momentum Bioscience.
“We are excited to continue our collaboration with Momentum Bioscience. Combining a solution like the SepsiSTAT approach with our QuickMIC system for ultra-rapid AST shows significantly reduced turnaround time and could lessen the reliance on specialised microbiology laboratories in the future, potentially moving sepsis diagnostics closer to the sepsis patients in need,” says Sara Thorslund, co-founder and CEO at Gradientech.
The QuickMIC system's ultra-rapid and precise AST results enable sepsis patients to receive specific personalised guidance on the right antibiotic in record time. The modular design offers affordable scaling possibilities, making QuickMIC attractive to both small and large hospital laboratories. QuickMIC and its Gram-negative panel are CE marked and commercially available in Europe but not yet available for sale in the United States.
For further information, please contact:
Sara Thorslund, PhD, CEOTel: +46 (0)736 29 35 80sara.thorslund@gradientech.se
Sumi Thaker, CEO
Tel: +44 (0)29 2167 7910
sthaker@momentumbio.co.uk
About Gradientech
Gradientech is leading the field of ultra-rapid antibiotic susceptibility testing. We develop next-generation diagnostics in infectious disease medicine. Our product QuickMIC®, classified as a breakthrough device by the U.S. Food and Drug Administration, allows patients with sepsis to quickly receive specific guidance on the right antibiotic in the right dose. It saves lives, reduces healthcare costs and limits the spread of antibiotic resistance – one of the greatest global health threats of our time. Gradientech is headquartered in Uppsala, Sweden.Visit www.gradientech.se for more information.
About Momentum Bioscience
Driven by unmet needs when managing patients with sepsis, the team at Momentum Bioscience are creating innovative approaches that help healthcare professionals act faster and smarter when diagnosing bloodstream infection and targeting antimicrobial treatments to save lives. Momentum Bioscience are a proud recipient of a grant from the European Innovation Council’s Accelerator competition (2023). Visit www.momentumbio.co.uk for more information.
On July 17, at 07.30 CEST, Munters will release the interim report January–June 2024.
Media, investors and analysts are on the same day invited to attend a presentation of the report at 09.00 CEST. The President and CEO, Klas Forsström, together with the Group Vice President and CFO, Katharina Fischer will present the report in a webcast with telephone conference.
Webcast:
If you wish to participate via webcast please use the link below. Via the webcast you are able to ask written questions.
https://ir.financialhearings.com/munters-q2-report-2024
Telephone conference:
If you wish to participate via teleconference please register on the link below. After registration you will be provided phone numbers and a conference ID to access the conference. You can ask questions verbally via the teleconference.
https://conference.financialhearings.com/teleconference/?id=50049060
For more information:
Investors and analystsAnn-Sofi Jönsson, Vice President, Investor Relations & Group Risk ManagementE-mail:ann-sofi.jonsson@munters.com, Phone: +46 (0)730 251005
Line Dovärn, Director, Investor RelationsE-mail:line.dovarn@munters.com,Phone: +46 (0)730 488444
MediaEva Carlsson, Director External CommunicationsE-mail:eva.carlsson@munters.com, Phone: +46 (0)7088 33500
The documents are attached to this press release and are also available on Sectra’s website, investor.sectra.com.
A summary of the financial year is also available on the website. The 2023/2024 financial year in brief summarizes the value we create for various stakeholders, highlights from our operations, and a selection of financial performance measures.
This information constitutes information that Sectra AB (publ) is obliged to make public pursuant to the Swedish Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out below, at 10:45 a.m. (CEST) on July 4, 2024.
About SectraSectra contributes to a healthier and safer society by assisting health systems throughout the world to enhance the efficiency of care, and authorities and defense forces in Europe to protect society’s most sensitive information. The company, founded in 1978, is headquartered in Linköping, Sweden, with direct sales in 19 countries, and distribution partners worldwide. Sales in the 2023/2024 fiscal year totaled SEK 2,964 million. The Sectra share is quoted on the Nasdaq Stockholm exchange. For more information, visit Sectra’s website .
Oslo Municipality is expanding its drinking water supply capacity by creating a new clean water tunnel. Bravida’s assignment includes working on the extension of the tunnel and the technical installations associated with the tunnel. “This is a very important project in which we at Bravida have the opportunity to be involved in securing the drinking water in the future for everyone who lives and works in Oslo. We have excellent expertise in collaborative projects that place high demands regarding elements that are technically complex, and we look forward to a good collaboration with JV AF Ghella,” comments Thomas Kollshaugen, Regional Manager for the Innlandet Region at Bravida Norway. Sigurd Ramnefjell, Project Manager at JV AF Ghella, comments:“The project places high demands with regard to climate and the environment, which means that we need to be at the forefront of development and create good conditions for working in collaborative projects in a sustainable way. We look forward to having a close and productive collaboration with Bravida.” The contract will start in autumn 2024 and is scheduled for completion in 2027.For further information, please contact: Liselotte StrayHead of Group Communicationsliselotte.stray@bravida.se+46 76 852 38 11
Qatar Airways announces that our members in Qatar can now Collect & Spend Avios with talabat on our Card Linked Offers platform.Link your payment card to your Privilege Club account to start benefiting from unlimited rewards. Glad to see this partnership finally coming to life after tons of hard work from both teams.Stay tuned as Privilege Club is bringing more exciting propositions that our members can relate to, collecting & spending Avios has never been made easier. Check it out on clo.qatarairways.com"It is so great to see Loyal Solution`s market leading payment/card-linked platform LoyalTfacts enable exiting and creative partnerships that create value and engagement for the program members and add to the program ROI. LoyalTfacts enables a seemless accrual of points on any purchase on the planet and even more impressive - a seemless way to pay with your points at any merchant.LoyalTfacts is the platform of choice for payment/card linked loyalty programs globally, and power programs for large global brands such as Qatar Airways, Marriott Bonvoy, Cathay Pacific, Emirates Skywards, Aldar, SAS Eurobonus, Etiahs Airways, and others". Says Peter Kisbye, CEO and founder of Loyal Solutions
LoyalTfacts also powers Visa Merchant Loyalty Solutions, Visa`s innovatione platform: See it here:
LINDEX GROUP plc, Changes board/management/auditors, 4.7.2024 at 16:00 EEST
Henrik Henrikssonappointed CFO of Lindex Group
Lindex Group plc has appointed Henrik Henriksson, M.B.A., Finance and General Management, as the company’s new Chief Financial Officer (CFO) and a member of the Group Management Team. In addition to his role as Group CFO, Henriksson will also act as the Lindex division’s CFO. He will take up his new position on 1 September 2024, reporting to the Group CEO Susanne Ehnbågeand will be based in Sweden.
Prior to Lindex Group, Henriksson has worked as CFO of Eton Shirts AB and in several financial leadership positions in H&M Group in Sweden, the UK and the US. In his previous roles Henriksson has gained proven and broad experience in driving profitable growth and omnichannel expansion. In a financial career of almost 25 years, he has held senior leadership positions for about 20 years.
"I'm delighted to welcome Henrik to join our dedicated team and the Group’s strategic transformation journey. His solid experience in finance, retail and fashion, combined with his extensive global background, will serve as an excellent basis for accelerating sustainable and profitable growth while increasing Lindex Group’s shareholder value,” says Susanne Ehnbåge, CEO of Lindex Group.
“I’m excited to be part of Lindex Group – a company with two very strong brands, Lindex and Stockmann, clear strategic and financial targets and a very convincing sustainability agenda. In addition, the Lindex Group team has proved its ability to improve the profitability and to deliver its strategy. I will do my utmost to meet the high ambitions set for the Group and I’m confident that we’ll succeed in doing so in good cooperation with my future colleagues,” says Henrik Henriksson.
Lindex Group’s current CFO Annelie Forsberg will continue working at the Group until the end of August 2024.
LINDEX GROUP plc
Susanne EhnbågeCEO
Further information:Group Communications & Investor RelationsMediaDesk tel. +358 50 389 0011info@stockmann.comorinvestor.relations@stockmann.com
Distribution:Nasdaq HelsinkiPrincipal media
Flix SE (“Flix” or the “Company”), the global travel tech company, and EQT, the global investment organisation, together with Kühne Holding, representing one of the world’s leading logistics entrepreneurs and investors, today announce that a definitive agreement has been reached for EQT Future and Kühne Holding to acquire a 35% minority stake in Flix.
In addition to a primary investment in Flix, EQT Future and Kühne Holding will acquire shares from existing shareholders to build a long-term anchor shareholding in Flix. This investment will further strengthen Flix’s balance sheet and help accelerate the Company’s successful trajectory of profitable growth. The closing of the transaction is subject to certain customary conditions and regulatory approvals.
“We are delighted to welcome EQT Future and Kühne Holding as strong and purpose-driven investors with proven track records of building upon sustainable long-term investment strategies. Their capital and know-how will be a strong asset to our company's overall strategic vision. We couldn’t ask for better partners to embark on the next chapter of Flix’s journey”, commented André Schwämmlein, CEO and Co-Founder of Flix.
“EQT Future backs high-quality, growing companies that have the potential to be sustainability leaders in their fields. Flix is the perfect example of this. We are deeply impressed by what André and his team have built, having developed Flix from a startup into the clear global market leader, operating in 43 countries,” said Andreas Aschenbrenner, Founding Partner and Deputy Head of the EQT Future advisory team. “For us at EQT, it is always about providing more than capital. We are proud to partner with Kühne Holding, one of the leading transportation and logistics investors, and together with André and his team, we are excited to support Flix’s strategic growth agenda over the long-term. We aim to ensure Flix’s low carbon solution to long-distance travel reaches even more people across the world and believe that Flix is on a path to being the category defining player in mass ground transportation, with huge potential to become a household name in the industry and beyond.”
Dominik de Daniel, CEO Kühne Holding AG, commented: “Flix is driving the next generation of collective transport. The Kühne Holding is proud to actively support them as a strategic partner in their next phase of expansion. Over the past few months, we have established a great relationship with the colleagues of EQT Future. We have great confidence in André Schwämmlein and his team and very much look forward to supporting Flix’s future in a beneficial partnership.”
Karl Gernandt, Chairman Kühne Holding AG, added: “As one of the largest strategic investors in the transport and mobility sector, the Kühne Holding is now taking a further step into the market for collective transport by bus. With Flix's proven asset-light operating model, we see great synergies with our other investments in the transport sector. Furthermore, we want to support the expansion strategy of their international network. We are building on the great successes that Flix has achieved in establishing the bus as the leading sustainable means of transport – for more than a decade in Europe and now also overseas.”
Driving profitable growthThe investment comes at a time of continued significant growth momentum and strategic expansion at Flix. The company reported 30 percent total revenue growth in 2023 and thus, for the first time, reached EUR 2 billion in annual total revenue. This comes at an increased profitability with adjusted EBITDA of EUR 104 million in 2023. The strong momentum enables Flix to deliver on strategic targets such as the expansion of its global footprint, transforming the North American bus market and further scaling FlixTrain to respond to the rising demand for alternative rail services in Germany.
Expanding the global footprintTo further strengthen its geographical presence, Flix has recently entered two of the most important bus markets worldwide: Chile and India. The company's global footprint now stretches across 43 countries worldwide. With both FlixBus and FlixTrain, the European expansion is moving forward. FlixBus is significantly expanding its services in UK, Portugal and Ukraine and has launched in Norway and Finland. Flix’s clear ambition is to reach market leadership in these markets.
Advancing the North America businessFlix has been operating in the United States since 2018. In 2021, the company acquired Greyhound Lines, an iconic intercity bus service provider, further expanding its reach, including in Canada and Mexico. The transformation and integration of operations into the Flix platform is well underway and increasingly reflected in a growing asset-light share, driving growth and profitability in the market.
With growth comes responsibilityFlix is on a continuous mission to deliver a great travel experience while constantly reviewing the impact of its business. To underpin the Company's commitment to a responsible business model, Flix recently published its second voluntary ESG report for 2023 . With its vision to drive sustainable and affordable travel, Flix aligns strongly with EQT Future’s mission to support market leading businesses which improve our planet through the products and services they deliver, while having the potential to shape their industries.
ContactsEQT: Press Office, press@eqtpartners.comFlix: Lara Hesse, globalpress@flixbus.com Kühne Holding: Dominique Nadelhofer, Dominique.nadelhofer@kuehne-holding.com
The new TVET building will create a meeting place where academia, industry and the public sector can collaborate and contributes to greater innovation. The TVET building will be two stories and part of the current school grounds of Älvstranden Education Center at Gärdet in Hagfors. The project will bring together several vocational programs under one roof. The building will include an arts and crafts workshop and technology facilities for elementary schools, 3D labs, general classrooms, a cafeteria and an e-sports hall, among other things.
“We’re really happy that Peab has been commissioned to build the new TVET building in Hagfors. We look forward to getting the project started,” says Nils Staffansson, Region Manager Peab.
“We would like Hagfors to become a hub for technical and vocational education and training for our entire region. We see a huge need for competence in these areas in the future. The new TVET building will provide good conditions for our young students to become interested in technology at an early age and choose that path for their studies,” says Jenny Dahlin, Head of Children and Education at Hagfors Municipality.
The project is a turnkey contract and will start in the autumn of 2024. Completion of the TVET building is planned for 2027.
The project was order registered in the second quarter.
Visualization: Sweco
For further information, please contact:
Juha Hartomaa, Head of Investor Relations Peab, +46 72 533 31 45
The building is located close to the Townhall in Oslo. The project is about 10,000 square meters and consists of both demolition, renovation and new build. The project has ambitious climate goals and is aiming for BREAAM NOR-certification, level Excellent.
Construction work is underway and will be completed in August 2026.
PostNord Strålfors and 21 Grams complement each other well and both companies have considerable experience in customer communication services. Clear synergy benefits both in terms of solutions and competencies that strengthen the service offering for its customers, are expected to emerge from the transaction.
The exclusive strategic commercial partnership with Unifiedpost will enable PostNord Strålfors to offer new B2B services to the Nordic market. It includes:
· Offering eInvoicing via the Banqup platform to the Nordic market · Enabling full operability for eInvoices, in the EU and globally,via the Unifiedpost network. · Be the preferred partner for UnifiedPost eInvoice offering in the Nordics.
Lisbet Karlsson, acting CEO of PostNord Strålfors Group
“PostNord Strålfors is a full-service provider in the customer communication market, delivering distribution and software services to the leading companies in the Nordics. With the acquisition of 21 Grams, and the strategic partnership with Unifiedpost, we can offer our joint customers a significantly wider offering with a Nordic reach”, says Lisbet Karlsson, acting CEO of PostNord Strålfors Group.
Commenting on the announcement, Hans Leybaert, CEO and founder of Unifiedpost, stated:
"We remain focused on our strategy of growing core digital services and divesting non-core traditional services. We continue to take a systematic approach and are pleased that we have reached an agreement to sell 21 Grams. I want to thank our employees in the Nordics for their significant contribution to our company over the years. We also remain committed to transforming portfolio rationalisation into mutually beneficial partnerships. By combining our digital expertise with PostNord Strålfors’ extensive network, we are well-positioned to drive innovation and deliver value to our customers in the Nordic market”.
Transaction details
To strengthen the collaboration and ensure our common strategic goals and interests in the partnership, both parties have committed to significant investments during the coming years. This financial commitment aims to ensure the future sustainability and success of the partnership, providing the necessary resources for continued growth, innovation, and adaptation to evolving market dynamics.
Mattias Norén, Head of Strategy and Business Development
“We see PostNord Strålfors and 21 Grams as a great match to further evolve the offering within the customer communication management segment ,we also look forward to leveraging the partnership with Unifiedpost and their Banqup solution combined with our strong B2B offering in the Nordics”, says Mattias Norén, Head of Strategy and Business Development.
The 21 Grams Group generated total revenue of €83,2 million in 2023 with a gross margin of 15,5% (of which the digital processing revenue was €28,5 million (mainly B2C) with a gross margin of 21,1%). The transaction is primarily related to Strålfors Swedish operations but will also have minor impact on the other Nordic countries. As of 31 December 2023, the 21 Grams group employed 89 full-time equivalents.
The transaction's completion is subject to (i) the approval from the relevant competition authorities, (ii) FDI approval and (iii) certain additional relevant closing conditions and is expected to close in the second half of 2024.
Media contact PostNord Strålfors:Rebecka MathersCommunicationsPostNord Strålfors Grouprebecka.mathers@stralfors.se
Media contact Unifiedpost:Alex NicollInvestor RelationsUnifiedpost Groupalex.nicoll@unifiedpost.com
About PostNord Strålfors
PostNord Strålfors simplifies the communication of invoices and vital business information between companies and their customers and partners. Our omnichannel solution enables companies and organisations to engage with customers, citizens and members through their preferred channels, while our integration solutions automate business processes.
We are a market leader in customer communication management and a critical part of the Nordic communication infrastructure, handling over 1 billion transactions annually, generating SEK 2.2 billion in turnover (2023). PostNord Strålfors operates in Denmark, Sweden, Norway, and Finland and is part of the PostNord Group, the leading provider of communication and logistics services in the Nordic region.For more information, go to stralfors.com
About Unifiedpost Group
Unifiedpost is a leading cloud-based platform for SME business services built on “Documents”, “Identity” and “Payments”. Unifiedpost operates and develops a 100% cloud-based platform for administrative and financial services that allows real-time and seamless connections between Unifiedpost’s customers, their suppliers, their customers, and other parties along the financial value chain. With its one-stop-shop solutions, Unifiedpost’s mission is to make administrative and financial processes simple and smart for its customers.For more information, go to unifiedpostgroup.com
Metso has been awarded orders for the delivery of grinding plant equipment for South32’s greenfield Hermosa project in the Patagonia Mountains in southern Arizona. The order is booked in the Minerals segment’s 2024 second-quarter orders received.
Metso’s scope of delivery includes a Premier[TM] Primary Autogenous Grinding (AG) Mill and a Vertimill® VTM-4500 Secondary Grinding Mill with the potential to supply other comminution and beneficiation process equipment technologies.
“Metso’s broad grinding technology portfolio offers the best tool for the job. In this case, primary grinding utilizing an AG Mill eliminates steel media usage and the Vertimill® in secondary grinding and regrinding improves energy efficiency and reduces steel media consumption. This is a truly Planet Positive combination,” says Christoph Hoetzel, Senior Vice President, Grinding at Metso.
“We are very pleased to be supporting South32 in their development focus to supply critical minerals like zinc and manganese in the USA. We are committed to supporting South32 in this endeavor with our Planet Positive offering and our large service group in Arizona,” says Tim Robinson, Vice President, Minerals Sales in North and Central America (NCA) at Metso.
Read more about Metso’s offering for the mining industry on our website .
Further information:
Tim Robinson, Vice President, Minerals Sales, North and Central America, Metso, tel. +1 602 300 8800, email: tim.robinson(at)metso.com
Helena Marjaranta, Vice President, Communications and Brand, Metso, tel. +358 20 484 3212, email: helena.marjaranta(at)metso.com
Metso is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. We improve our customers’ energy and water efficiency, increase their productivity, and reduce environmental risks with our product and service expertise. We are the partner for positive change.
Headquartered in Espoo, Finland, Metso employs over 17,000 people in close to 50 countries and sales for 2023 were about EUR 5.4 billion. The company is listed on the Nasdaq Helsinki.metso.com , x.com/metsoofficial
North Danvik Bridge in Stockholm, which was built in the early 1920s, is an openable bascule bridge over Danvik Canal with an access bridge on the east side of the canal and a control tower. After serving the city for a hundred years the bridge has reached the end of its technical lifetime and will be completely renovated to ensure safe and sustainable traffic for both boat and mass transport in Stockholm and Mälardalen.
"We’re very proud to have been commissioned to completely renovate this historic and unique bridge of great cultural and historical value. Peab has extensive experience in building and renovating openable bridges and we look forward to preserving the unique appearance of the North Danvik Bridge thereby ensuring a safe and sustainable traffic solution for the future," says Ioannis Strantzalis, Product Manager at Peab.
The design of the bridge revolutionized bascule bridges by using concrete in its counterweight and now there are only a few bridges of this type left in the world. The unique appearance of the bridge will therefore be preserved although many parts will be replaced in the renovation.
When the renovation is complete accessibility will be much better for vehicular, rail and boat traffic. In recent years traffic on and under the bridge has suffered from closures due to maintenance work and the considerable need for renovations.
The project is a traditional contract and demolition of the old bridge has already begun. The reconstruction of the bridge is expected to start after the summer of 2024 and continue until the autumn of 2026. The bridge is expected to reopen for traffic at the end of 2026.
The project will be order registered in the third quarter 2024.
Photo: Mattias Ek, Stockholm City Museum
For further information, please contact:
Juha Hartomaa, Head of Investor Relations Peab, +46 72 533 31 45
Blixt, a leader in software-defined solid-state power systems, proudly announces Daniel Öhlander as its new Head of Sales and Marketing. Daniel brings extensive experience in strategic marketing and leadership, previously serving as Strategic Marketing Director at Schneider Electric Nordics, CEO at Brighthandle AB, and Head of Yale Scandinavia.
This appointment coincides with a period of significant momentum for Blixt, following a successful funding round co-led by USV and ERV, and the upcoming commercial launch of our next-generation multi-functional switchgear.
Our innovative switchgear replaces mechanical switches with power electronics, enabling programmable energy management that gives customers unparalleled control and flexibility over their energy usage. It provides real-time monitoring, remote control and DC compatibility and responds to faults 1000 times faster than conventional circuit breakers.
Daniel will play a crucial role in engaging with customers to implement Blixt’s technology across various customer segments. With a Masters degree from the Royal Institute of Technology (KTH) and comprehensive experience in technical development, sales, communication, and marketing, he strengthens the team as Blixt strives to become a leading player in the field of software-defined power systems.
"I am thrilled to join the groundbreaking team at Blixt that is leading the technology shift in smart energy management. As I see it, we will help the world jump years ahead in fighting climate change and at the same time save operational costs for our customers. After several fantastic experiences with building new businesses within large corporations, it is great to become part of a smaller, agile, and impressively competent team to help unleash the enormous potential of the Blixt technology. I have no doubt the Blixt technology will rock the world of energy management, and I am just here to accelerate it," says Daniel.
In his new role, Daniel will enhance customer engagement, package value-added solutions, build field trials, secure business agreements, and expand the sales and marketing team in line with company growth.
"Daniel's extensive experience and dynamic personality make him a perfect fit for our team. He will be an asset as Blixt leads the shift towards programmable power. We warmly welcome Daniel and look forward to working with him," says Charlotta Holmquist, President of Blixt.
About Blixt Tech AB
Blixt enables software-defined power by controlling current and voltage in real-time. The solid-state technology platform includes multi-functional switchgear and next-generation battery system architecture, providing a more reliable, flexible, and efficient electricity infrastructure. The company holds an extensive patent portfolio and has been an official member of Infineon’s high-quality partner ecosystem program since 2021. Blixt was founded in Sweden in 2018, and among the investors are USV, ERV, Baywa r.e. Energy Ventures, and Third Derivative. For more information, visit https://blixt.tech.
Contact:
Charlotta Holmquist, President BLIXTEmail: charlotta@blixt.techPhone: +46 (0) 708881333
On 27 June 2024, Brain+ A/S (“Brain+” or “the Company”) announced the outcome of is rights issue of units (shares and warrants of series TO 4) with pre-emptive rights for existing shareholders (the Rights Issue”). The Rights Issue had a subscription period running from 11 June to 24 June 2024. Following the outcome of the Rights Issue, the Board of Directors in Brain+ has decided to carry out a directed issue of units to guarantors of the Rights Issue, who could opt to have compensation for their commitments in the form of extra units (the “Directed Issue”). The decision to carry out the Directed Issue was based on the authorization stated under section 4.1.1 and 4.1.2 of the Company’s articles of association. The units in the Directed Issue were issued under the same terms as units in the Rights Issue.
In connection with the completion of the unit rights issue, CEO Kim Baden-Kristensen said: “I am truly thankful for the outcome of the rights issue, and in particular for the instrumental commitments we have received from our larger existing shareholders. It is also very positive that Brain+ has attracted its first investment from a health tech specialized institutional investor as part of the transaction. Since the end of the subscription period, we have seen a significant increase in the company’s share price, which creates immediate value for the shareholders and other investors who subscribed in the issue. Further, this development has most likely guided the decisions by the largest bottom-up guarantors of the issue to have their compensation in units rather than in cash, thereby reducing transaction costs and increasing net proceeds to Brain+.”
Registration of the new shares from both the Rights Issue and the Directed Issue has been completed with the Danish Business Authority.
Number of shares and share capital arising from the Rights Issue In the Rights Issue, a total of 6,768,490 units were subscribed for including activated bottom-up and top-down guarantee subscription. As a results of subscriptions in the Rights Issue, Brain+’ share capital was increased by nominally DKK 5,956,271.20 (6,768,490 units with 11 shares in each unit, corresponding to 74,453,390 shares, each with a nominal value of DKK 0.08). Additionally, a total of 60,916,410 warrants of series TO 4 (6,768,490 units with 9 warrants each) were issued free-of-charge to subscribers in the Rights Issue.
Number of shares and share capital arising from the Directed Issue In the Directed Issue, a total of 508,952 units were issued as compensation to bottom-up and top-down guarantors of the Rights Issue. As a result of the Directed Issue, Brain+’ share capital was increased additionally by nominally DKK 447,877.76 (508,952 units with 11 shares in each unit, corresponding to 5,598,472 shares, each with a nominal value of DKK 0.08). Additionally, a total of 4,580,568 warrants of series TO 4 (508,952 units with 9 warrants each) were issued in the Directed Issue.
Registration of the new shares and application for admission for trading After registration of the new shares from both the Rights Issue and the Directed Issue, Brain+’ share capital amounts to nominally DKK 13,720,091.28, corresponding to 171,501,141 shares with a nominal value of DKK 0.08 each. In addition, there are now a total of 65,496,978 warrants of series TO 4 outstanding.
Application will be made to Nasdaq Copenhagen A/S for the new shares and warrants of series TO 4 from both the Rights Issue and the Directed Issue to be admitted for trading on Nasdaq First North Growth Market Denmark. It is expected that the first day of trading of the new shares and the warrants of series TO 4 will be 11 July 2024.
Advisors In connection with the Rights Issue, Sedermera Corporate Finance AB act as financial advisors to Brain+. Markets & Corporate Law Nordic AB act as legal advisor. Nordic Issuing AB is the issuing agent and the settlement agent.
Contact Information CEO and Co-founder Kim Baden-Kristensen, + 45 31 39 33 17 (SMS), kim@brain-plus.comOR CFO Hanne Vissing Leth, + 45 53 88 99 02, hanne@brian-plus.com
Certified Adviser Keswick Global AG Phone: +43 1 740 408 045 E-mail: info@keswickglobal.com
Brain+ mission: Become the preferred provider of certified health tech solutions for better dementia management, servicing one million people affected by dementia by 2030.
SmartCella is a global innovative biotechnology company with a vision to combine novel delivery platforms, such as the FDA-cleared Extroducer, with developing cutting-edge cell, and mRNA therapies. The team consists of global scientists, innovators and visionaries dedicated to shape the future of targeted medicine through innovation and solid clinical data with the ambition of making targeted medicine a reality for many.
The capital raise was supported by existing large institutional investors Fjärde AP-fonden, AMF Pension, and SEB-Stiftelsen, and also included new investors such as AstraZeneca, Handelsbanken Fonder and RoosGruppen AB. Christian Kinch and Thomas von Koch remain major shareholders (via SWIB Holding AB). The capital raise is part of the overall strategic development and future-proofing of SmartCella which includes contiuned investments in the organization and infrastructure as well as increased commercialization and marketing efforts.
Another strategic building block is the previously announced new members to the Board of Directors of SmartCella, with Regina Fritsche-Danielson (Senior Vice President and Global Head of Research and Early Development, Cardiovascular, Renal and Metabolic Diseases at AstraZeneca), Anna Martling (Professor of Surgery and Scientific Director Life Science at Karolinska Institutet) and Claude Dartiguelongue (previously executive roles with Lonza, Thermo Fisher Scientific and Becton Dickinson and Company).
Christian Kinch, founder and Chairperson of SmartCella comments: "We are profoundly grateful for the robust support shown for SmartCella by both our current and new investors. We have a strong shareholder base, featuring highly professional investors alongside a science-focused industry and technology leader like AstraZeneca. The investor endorsement underscores their confidence in our business model, our team, and our potential to revolutionize the treatment of some of the most severe diseases worldwide. SmartCella represents a compelling investment opportunity with an integrated business model that blends science, sustainability and impact. SmartCella is truly about advancing a healthier future."
Niklas Prager, CEO of SmartCella, says: "We operate in the most exciting and attractive areas of biotech. Cell and gene therapy are currently the hottest areas in biotech research and investments, yet SmartCella remains somewhat of a hidden gem. With the new proceeds, we will continue to build our organization and drive accelerated growth. We will have a specific focus on ramping up commercialization of the Extroducer, which I believe is one of the most groundbreaking innovations in targeted delivery solutions, carrying therapies directly into otherwise hard-to-reach tumors or organs. The Extroducer, combined with our world-class research and knowledge in cell and mRNA therapies, makes SmartCella unique. This capital raise is a landmark event for us – and our journey has only just begun."
Regina Fritsche-Danielson, Board Member of SmartCella adds: "At AstraZeneca, we recognize the potential of cell and gene therapies to slow, stop and reverse disease progression in areas where significant unmet need still exists. I am delighted to join the SmartCella Board of Directors, building on our existing collaboration with SmartCella and sharing our knowledge and skills to drive innovation in this rapidly advancing field."
Skandinaviska Enskilda Banken acted as financial advisor to SmartCella.
Contact
Niklas Prager, CEO +46 76 811 77 44
Nina Nornholm, Head of Corporate Communication +46 708 550356
About SmartCella Holding AB
SmartCella, founded in 2014, is a world-leading biotechnology company pioneering the future of targeted therapies by combining novel delivery platforms, such as the FDA-cleared Extroducer (an endovascular device that enables direct infusion to hard-to-reach organs and tumors), with cutting-edge cell and mRNA therapies. The team consists of global scientists, innovators and visionaries dedicated to shape the future of targeted medicine through innovation and solid clinical data with the ambition of making targeted medicine a reality for many.
SmartCella operates in two business segments: Targeted Delivery and Cell/mRNA Therapies.
Read more www.smartcella.com
Follow SmartCella on LinkedIn
In connection with this, Kindred Group’s CEO Nils Andén and Interim CFO Patrick Kortman will host a web presentation in English at 10.00 (CEST) which is webcasted live on https://www.kindredgroup.com/Q22024.
To access the telephone conference in connection with the presentation, please register at https://conference.financialhearings.com/teleconference/?id=50047081. After registration you will be provided a phone number and a conference ID to access the conference.
Please call in well in advance for registration. There will be an opportunity to ask questions after the presentation.
The acquisition is part of the FoodTech strategy to serve food producers with an extensive portfolio of digital solutions. AEI’s technology is engineered for commercial laying hen operations. Its intelligent controllers and software monitors for example, the environment in the barn and manages feed and water distribution, which improves both animal welfare and reduces egg production costs.
“The acquisition is in line with our strategic priority to accelerate our digital journey by further strengthening our position within existing segments. We now add a control system designed to improve efficiency, animal welfare and sustainability in the layer industry,” says Pia Brantgärde Linder, Group Vice President and President business area FoodTech at Munters.
“AEI has an extensive knowledge of digital solutions. With its portfolio of IoT, sensors and controllers, we are set for growth across key markets in the layer industry in North America,” says Wouter Claassens, Vice President at FoodTech in the Americas.
Based in Renville, Minnesota, AEI has been a pioneer in poultry control technologies since the mid-80s. It develops, installs, and maintains computerized farm control systems specializing in the layer industry. The company has 13 employees and reported net sales of about MSEK 102 (MUSD 9.8) for the fiscal year 2023. AEI has demonstrated good growth in recent years.
With this acquisition, Munters will have an 80% share in AEI.The acquisition was finalized in July 2024 and will be fully financed through existing credit facilities.
For more information:Investors and analystsLine Dovärn, Director Investor Relations E-mail: line.dovarn@munters.com, Phone: +46 (0)73 048 84 44
Media
Eva Carlsson, Director External CommunicationsE-mail: eva.carlsson@munters.com, Phone: +46 (0)7088 33500
The centerpiece of the Paris 2024 Olympics Guide is a detailed Risk Map of Paris and its surroundings. This map highlights 26 locations with elevated security risks and briefly describes the specific dangers visitors might face in these areas. The Risk Map is available in English, French, German, and Spanish and can be downloaded for free from the Safeture website under the safeture.com/olympics
In addition to the Risk Map, the guide concisely describes the various Olympic venues, including the sports being held at each location and the best ways to get there, with detailed metro connections provided.
The guide also assesses various security threats, including terrorism, crime, fraud, and hooliganism. It provides valuable information on Parisian police work, such as the fact that bilingual officers can be identified by the corresponding national flag on their badges.
Furthermore, the guide includes general travel information, necessary documentation, and ten essential safety tips for visitors to Paris. Safeture has also compiled interesting, fun facts about the Olympic Games to enhance the visitor experience.
For more information and to download the Risk Map, please visit safeture.com/olympics/
Contact information: CMO Jonas Brorson at jonas.brorson@safeture.com
About Safeture ABSafeture (founded in 2009) is a Software as a Service (SaaS) company based in Sweden. The company offers a complete platform designed to handle safety and risks for employees, wherever they are. Through world-leading technology and innovative solutions, Safeture helps risk management- and assistance providers secure their clients, global companies, and organizations to protect what matters most – their people. The Safeture share is listed on NASDAQ First North Growth Market Stockholm (ticker: SFTR). Redeye is the Certified Adviser.
Inside information: Outokumpu appoints Kati ter Horst as President and CEO of Outokumpu
Outokumpu Corporation has today appointed Kati ter Horst (MBA, M.Sc. Econ.) as President and CEO as of October 9, 2024, at the latest. She will be located in Outokumpu Corporation’s headquarters in Helsinki, Finland. Ms. ter Horst joins Outokumpu from Belgian company Aliaxis S.A., world leader in fluid management systems, where she has held the position of Divisional CEO EMEA since 2022.
Before Aliaxis, Ms. ter Horst had a long career at Stora Enso, most recently leading the paper division. She has been a member of the Outokumpu Board of Directors since 2016 and Vice Chairman since 2022. Following her appointment, she will resign from the Board at the end of September 2024.
“Kati ter Horst has a strong track record in process industries and extensive international leadership experience from complex business environments. Outokumpu’s Board of Directors is confident that she is the right person to lead the company ahead. Naturally, her experience as an active and respected member of the Board of Outokumpu over the past 8 years is an additional advantage. Her long background with the company provides her profound knowledge and understanding of Outokumpu's business as well as commitment to company strategy. I am very pleased to welcome Kati as the new President & CEO of Outokumpu,” says Kari Jordan, Chairman of the Board of Directors of Outokumpu Corporation.
“Outokumpu stands tall as a global pioneer in sustainable stainless steel, spearheading innovation and catalyzing the green transition in societies. Thanks to the transformation that has been carried out during the past years, the company is financially stronger than ever. I'm truly honored and excited to get the opportunity to lead Outokumpu into the next phase of our industry's evolution as its global frontrunner, I’m fully committed to Outokumpu’s strategy and excited to take it forward” says Kati ter Horst.
Full CV and photo of Ms. ter Horst are available in the attachments to this release.
For more information:
Investors: Linda Häkkilä, Head of Investor Relations, tel. +358 400 719 669
Media: Päivi Allenius, SVP – Brand & Communications, tel. +358 40 753 7374 or Outokumpu media desk, tel. +358 40 351 9840
Uppsala, Sweden – July 10, 2024 – Orexo AB (publ.), (STO:ORX) (OTCQX:ORXOY) announces that it has received a Gold Sustainability Rating by EcoVadis, one of the world´s most trusted provider of business sustainability ratings. The highly revered award places the company in the top 5 percent of all 70,000 businesses worldwide that are reviewed by EcoVadis each year.
This top rating is based on Orexo AB’s first year of reporting to EcoVadis and mainly includes sustainability data related to the business in Sweden, covering Group headquarters functions, R&D, Regulatory Affairs, Quality & She, and Supply Chain.
It showcases the outcome of dedicated sustainability activities undertaken over the last several years across social, environmental and governance areas of Orexo AB. And it shows how the employees and partners are working together to achieve successes across four areas: Environment, Labor and Human Rights, Ethics and Sustainable Procurement.
Nikolaj Sørensen, President and CEO, of Orexo, said, “Achieving this rating is a privilege and we will continue setting ambitious goals in our active pursuit of an even more sustainable and inclusive future for everyone. This is central to our values-based approach to growth and underpins optimal outcomes for patients, investors, the company and society more broadly.”
Contacts:
Nikolaj Sørensen, President and CEO
Lena Wange, IR & Communications Director
ir@orexo.com
+46 (0)18780 88 00
Related links
EcoVadis: https://ecovadis.com/
Sustainability at Orexo: https://orexo.com/sustainability/
About OrexoOrexo is a Swedish pharmaceutical company with over 25 years of experience developing improved pharmaceuticals based on proprietary formulation technologies that meet large medical needs. On the US market, Orexo provides innovative treatment solutions for patients suffering from opioid use disorder and adjacent diseases. Products targeting other therapeutic areas are developed and commercialized worldwide with leading partners. Total net sales in 2023 amounted to SEK 639 million, and the number of employees to 116. Orexo is listed on Nasdaq Stockholm's main list and is available as an ADR on OTCQX (ORXOY) in the US.
For more information about Orexo please visit www.orexo.com. You can also follow Orexo on X, LinkedIn, and YouTube.
The information was submitted for publication at 8 a.m. CET, on July 10, 2024.
Gothenburg, 10 July 2024: SKF and voestalpine Wire Technology, a subsidiary of the leading steel and technology group voestalpine, have successfully produced the first prototype bearing made from steel that contains hydrogen direct reduced iron (H-DRI). This represents a breakthrough in the efforts to decarbonize bearing production as H-DRI is a low emission alternative to conventional iron ore-based steelmaking and one of the important methods to make steel sustainable in the future.
SKF and voestalpine have been working together since 2022 to explore the possibilities of using H-DRI steel for bearing applications. By using H-DRI steel, SKF and voestalpine Wire Technology aim to meet the demand for green steel and thereby contribute to the global efforts to combat climate change.
The Spherical roller bearing prototype was handed over to voestalpine Wire Technology at SKF’s factory in Steyr, Austria. Spherical roller bearings can be used in many different applications and industries, such as marine, pulp and paper production, mining and construction.
“Steel is a critical raw material in bearings, and to achieve the change and speed needed in decarbonizing bearing production, the whole industry must come together. Our collaboration with voestalpine is a tangible example of how we are working together and transforming ideas into actions towards a more circular industrial development. This technology is fundamental for the steel industry to be able to decarbonize with confidence,” says Annika Ölme, CTO and Senior Vice President, Technology Development, at SKF.
For voestalpine Wire Technology the partnership with SKF marks a milestone in the development of eco-friendly steel production technologies. By successfully integrating green steel solutions into the bearing production process, voestalpine Wire Technology is demonstrating its commitment to reducing CO2 emissions. This innovation, developed in collaboration with SKF, represents a significant step forward in the company’s efforts to make the steel industry more sustainable.
SKF is also increasing its use of steel production processes with low CO2 emissions (such as scrap based Electric Arc Furnace production) from its suppliers. In 2021, SKF became a member of the SteelZero and the ResponsibleSteel initiatives, joining other like-minded businesses in showing a clear commitment to decarbonizing the steel industry by 2050 and advocating for the changes needed to make that happen.
Aktiebolaget SKF (publ)