Category: Business

  • MIL-OSI USA: SBA Relief Still Available to Kansas Private Nonprofits Affected by April Storms

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) is reminding eligible private nonprofit (PNP) organizations in Kansas of the April 15, 2025, deadline to apply for low interest federal disaster loans to offset economic losses caused by the severe storms, straight-line winds, tornadoes and flooding occurring April 25-30, 2024.

    The disaster declaration covers the counties of Allen, Anderson, Bourbon, Chautauqua, Cherokee, Elk, Greenwood, Linn, Morris, Neosho, Pottawatomie, Wilson and Woodson.

    Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to PNPs providing non-critical services of a governmental nature who suffered financial losses directly related to the disaster. Examples of eligible non-critical PNPs include, but are not limited to, food kitchens, homeless shelters, museums, libraries, community centers, schools and colleges.

    EIDLs are available for working capital needs caused by the disaster and are available even if the PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable and other bills not paid due to the disaster.

    “SBA loans help eligible small businesses and private nonprofits cover operating expenses after a disaster, which is crucial for their recovery,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “These loans not only help business owners get back on their feet but also play a key role in sustaining local economies in the aftermath of a disaster.” 

    The loan amount can be up to $2 million with interest rates as low as 3.25% and terms up to 30 years. Interest does not accrue, and payments are not due, until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

    To apply online visit SBA.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    Submit completed loan applications no later than April 15.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News

  • MIL-OSI USA: SBA Relief Still Available to Texas Small Businesses and Private Nonprofits Affected by Hurricane Beryl

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) is reminding small businesses and private nonprofit (PNP) organizations in Texas of the April 14, 2025, deadline to apply for low interest federal disaster loans to offset economic losses caused by Hurricane Beryl occurring July 5-9, 2024.

    The disaster declaration covers the counties of Angelina, Austin, Bowie, Brazoria, Calhoun, Cass, Chambers, Cherokee, Colorado, Fayette, Fort Bend, Galveston, Grimes, Hardin, Harris, Houston, Jackson, Jasper, Jefferson, Lavaca, Liberty, Madison, Matagorda, Montgomery, Morris, Nacogdoches, Newton, Orange, Panola, Polk, Red River, Rusk, Sabine, San Augustine, San Jacinto, Shelby, Trinity, Tyler, Victoria, Walker, Waller, Washington and Wharton in Texas, as well as the counties of Little River and Miller in Arkansas, Calcasieu, Cameron, De Soto and Sabine parishes in Louisiana, and McCurtain County in Oklahoma.

    Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries, and PNPs with financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.

    EIDLs are available for working capital needs caused by the disaster and are available even if the business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

    “SBA loans help eligible small businesses and private nonprofits cover operating expenses after a disaster, which is crucial for their recovery,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “These loans not only help business owners get back on their feet but also play a key role in sustaining local economies in the aftermath of a disaster.” 

    The loan amount can be up to $2 million with interest rates as low as 4% for small businesses and 3.25% for PNPs, with terms up to 30 years. Interest does not accrue, and payments are not due, until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

    To apply online visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    Submit completed loan applications to the SBA no later than is April 14, 2025.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News

  • MIL-OSI USA: SBA Relief Still Available to Idaho Small Businesses and Private Nonprofits Affected by the Teton Pass Landslide

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) is reminding eligible small businesses and private nonprofit (PNP) organizations in Idaho of the April 14, 2025, deadline to apply for low interest federal disaster loans to offset economic losses caused by the Teton Pass landslide occurring June 8, 2024.

    The disaster declaration covers the counties of Bonneville, Fremont, Madison and Teton in Idaho, as well as Teton County in Wyoming.

    Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible small businesses, small agricultural cooperatives, nurseries and PNPs with financial losses directly related to this disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for aquaculture enterprises.

    EIDLs are for working capital needs caused by the disaster and are available even if the business did not suffer any physical damage. They may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

    “SBA loans help eligible small businesses and private nonprofits cover operating expenses after a disaster, which is crucial for their recovery,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “These loans not only help business owners get back on their feet but also play a key role in sustaining local economies in the aftermath of a disaster.”

    The loan amount can be up to $2 million with interest rates as low as 4% for small businesses and 3.25% for PNPs, with terms up to 30 years. Interest does accrue, and payments are not due, until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

    To apply online visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    Submit completed loan applications to the SBA no later than April 14, 2025.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News

  • MIL-OSI: Albion Crown VCT PLC: Half-yearly Financial Report

    Source: GlobeNewswire (MIL-OSI)

    Albion Crown VCT PLC
    LEI Number: 213800SYIQPA3L3T1Q68
    14 March 2025

    Albion Crown VCT PLC (the “Company”)
    Half-yearly Financial Report for the six months to 31 December 2024

    Results announcement
    The Company’s Directors are pleased to attach the Company’s Half-yearly Financial Report for the six months to 31 December 2024. A summary of the information includes:

    Ordinary shares

    • Loss in the period of 0.25 pence per Ordinary share (-0.8% on opening net asset value) (31 December 2023: loss of 1.29 pence per Ordinary share).
    • Ordinary shares net asset value of £92.6 million, being 31.17 pence per Ordinary share (30 June 2024: £97.0 million and 32.20 pence per Ordinary share).
    • Dividend of 0.81 pence per Ordinary share paid during the period (31 December 2023: 0.83 pence per Ordinary share).
    • Dividend declared of 0.78 pence per Ordinary share to be paid on 30 April 2025 to shareholders on the register on 11 April 2025.

    C shares

    • Return in the period* of 1.43 pence per C share (3.4% on opening net asset value).
    • C shares net asset value of £58.0 million, being 43.27 pence per C share.
    • Dividend declared of 1.08 pence per C share to be paid on 30 April 2025 to shareholders on the register on 11 April 2025.

    * The C shares period is from the date of merger on 19 December 2024 to 31 December 2024.

    Full details are contained in the Half-yearly Financial Report for the six months to 31 December 2024, which is attached to this announcement. Alternatively, copies are available on the Company’s webpage on the Manager’s website at: www.albion.capital/CRWN31Dec2024.

    In accordance with the UK Listing Rules, a copy of the report will be submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

    For further details about the Company please visit the Company’s webpage on the Manager’s website at: www.albion.capital/vct-funds/CRWN.

    Vikash Hansrani
    Operations Partner
    Albion Capital Group LLP
    Telephone: 020 7601 1850

    Attachment

    The MIL Network

  • MIL-OSI: Mountain America Credit Union Donates $17,500 to the American Red Cross of Utah

    Source: GlobeNewswire (MIL-OSI)

    SANDY, Utah, March 14, 2025 (GLOBE NEWSWIRE) — Mountain America Credit Union continues its tradition of supporting the American Red Cross of Utah with a recent $17,500 donation. Since 2018, Mountain America has contributed annually to the American Red Cross, reinforcing its commitment to helping communities in times of need. As part of the ongoing effort, Mountain America adds $50 to the total donation amount for every three-point shot made by the Brigham Young University (BYU) men’s basketball team. This latest gift brings the total funds donated to the American Red Cross of Utah since 2018 to $157,000.

    A Media Snippet accompanying this announcement is available by clicking on this link.

    “Every three-pointer represents more than just points on the board—it symbolizes our commitment to leave a lasting mark on the communities we serve,” said Nathan Andersen, chief operating officer and executive vice president at Mountain America. “With the American Red Cross and BYU, we are turning on-court success into meaningful community impact.”

    The American Red Cross will use the funds to assist Utah communities in preparing for, preventing, and responding to emergencies, including house fires. They have been serving the state for more than 100 years, delivering services across the Greater Salt Lake Area chapter, Northern Utah chapter, and Central Southern Utah chapter.

    “We’re so grateful for the yearslong support of Mountain America Credit Union,” said Adam S. Whitaker, chief development officer for the Utah Nevada Region of the American Red Cross. “Their partnership with BYU athletics is inspiring and exciting in the way it lifts people in real and measurable need here at home and around the country. Mountain America’s generosity does that, and we couldn’t do our work without them.”

    For more information about Mountain America’s community involvement activities, visit macu.com/newsroom.

    About Mountain America Credit Union
    With more than 1 million members and $20 billion in assets, Mountain America Credit Union helps its members define and achieve their financial dreams. Mountain America provides consumers and businesses with a variety of convenient, flexible products and services, as well as sound, timely advice. Members enjoy access to secure, cutting-edge mobile banking technology, over 100 branches across multiple states, and more than 50,000 surcharge-free ATMs. Mountain America—guiding you forward. Learn more at macu.com.

    The MIL Network

  • MIL-OSI: CLIK Announces Strategic Acquisition of Leading Nursing Care Competitor, Expanding Market Presence and Talent Pool

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, March 14, 2025 (GLOBE NEWSWIRE) — Today, Click Holdings Limited (NASDAQ: CLIK) (“Click” or the “Company” or “we” or “our”), a provider of human resources (“HR”) solutions in Hong Kong specializing in Seniors Nursing Care, Logistics, and Professional HR services, today announced the 25% acquisition of a prominent nursing care competitor. The acquired company, which has over 10-year experience in serving Hong Kong seniors and maintains a talent pool of over 9,000 nursing personnel, significantly strengthens Click’s position in the healthcare HR sector.

    This strategic acquisition aligns with Click’s mission to enhance workforce solutions and bridge the growing demand for skilled nursing professionals. By integrating the acquired company’s extensive talent pool with Click’s existing database of over 11,000 registered personnel, Click will be able to provide a more robust and comprehensive HR solution for healthcare institutions and clients across Hong Kong and beyond.

    “This acquisition marks a transformative milestone for Click as we continue to expand our footprint in the nursing care HR sector,” said Mr. Chan, CEO of Click. “By combining our expertise, technology-driven approach, and an enlarged talent pool, we are poised to meet the increasing demand for high-quality nursing professionals. This move also reinforces our commitment to delivering innovative and reliable workforce solutions to our clients.”

    The acquisition is expected to generate significant synergies, optimizing operational efficiencies, and expanding service offerings. With the combined talent pool exceeding 19,000 registered personnel, Click will strengthen its ability to support healthcare providers with a larger, highly skilled workforce. Additionally, the acquisition will enable Click to further expand its market share in Home Seniors Nursing Services, aligning with its strategic vision of developing ‘Smart Home Nursing Solutions for Seniors.’

    With this strategic move, Click continues its growth trajectory and commitment to providing top-tier HR solutions across multiple industries. Further details regarding integration plans and long-term strategies will be announced in the coming months.

    About Click Holdings Limited

    We are a fast-growing human resources solutions provider based in Hong Kong, aiming to match our client’s human resources shortfall through our proprietary AI-empowered talent pool by one “click”. Our key businesses primarily include nursing solution (mainly seniors) services, logistics solution services and professional solution services.

    For more information, please visit https://clicksc.com.hk.

    Safe Harbor Statement

    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC, which are available for review at www.sec.gov.

    For enquiry, please contact:

    Click Holdings Limited
    Unit 709, 7/F., Ocean Centre
    5 Canton Road
    Tsim Sha Tsui, Kowloon
    Hong Kong
    Email: jack.wong@jfy.hk
    Phone: +852 2691 8200

    The MIL Network

  • MIL-OSI: The OpenSSL Corporation and The OpenSSL Foundation Announce the Formation of Technical Advisory Committees (TACs)

    Source: GlobeNewswire (MIL-OSI)

    NEWARK, Del., March 14, 2025 (GLOBE NEWSWIRE) — The OpenSSL Corporation and the OpenSSL Foundation are establishing the Technical Advisory Committees (TACs) to provide expert guidance and strategic direction for our technical initiatives. These advisory bodies are critical in enhancing our governance structure, ensuring that the decisions reflect the diverse stakeholders involved and that our Mission and Values stay aligned with the community’s needs.

    Purpose of the TACs

    The TACs will serve as key advisory bodies, ensuring that the voices of the OpenSSL Communities—Academics, Committers, Distributions, Individuals, Large Businesses, and Small Businesses—are heard and considered in the OpenSSL Project’s technical decision-making.

    TACs Objectives:

    • Guide the OpenSSL Library’s development roadmap and security best practices.
    • Advise on cryptographic technologies and governance policies.
    • Align technical direction with industry needs in coordination with Business Advisory Committees (BACs).

    Election Process and Timeline

    • March 17 – April 13: Registration, Nominations & Candidate Vetting
    • April 14 – 27: Voting (Open Ballot on the Community Page)
    • April 28: Results Announcement

    TAC Q&A Sessions

    To help community members understand the role of the TACs and the election process, the OpenSSL Corporation and the OpenSSL Foundation will host two Q&A sessions:

    Session 1

    • Date: Monday, March 24, 2025
    • Time: 2:00 PM Pacific Time (US and Canada)
    • Duration: 30 minutes
    • Speakers: Tim Hudson, President (OpenSSL Corporation); Matt Caswell, President (OpenSSL Foundation)
    • Register

    Session 2

    • Date: Tuesday, March 25, 2025
    • Time: 9:00 AM Pacific Time (US and Canada)
    • Duration: 30 minutes
    • Speakers: Anton Arapov, Operations Director (OpenSSL Corporation); Matt Caswell, President (OpenSSL Foundation)
    • Register

    Get Involved

    Join us in shaping the OpenSSL Library’s future. For more details on the nomination process, election procedures, and how to participate in the Q&A sessions, visit our communities page or follow our Blog.

    Contact:
       
    OpenSSL Software Foundation
    40 E Main Street, Suite 744
    Newark, Delaware 19711
    USA
    OpenSSL Software Services Inc.
    40 E Main Street, Suite 744
    Newark, Delaware 19711
    USA
       

    The MIL Network

  • MIL-OSI: OBSI 2024 Annual Report Released

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, March 14, 2025 (GLOBE NEWSWIRE) — The Ombudsman for Banking Services and Investments (OBSI) released its 2024 Annual Report.

    In 2024, OBSI responded to 16,420 public inquiries – a 5% decrease from the record levels reached in 2023. OBSI opened 3,202 investigations in 2024, compared to last year’s record high of 3,050, representing a 5% year-over-year increase.

    “2024 was a pivotal and exciting year for OBSI,” said Sarah Bradley, Ombudsman and CEO, OBSI. “During the year, we responded to the highest ever levels of consumer demand for our services and we successfully prepared for our newly expanded role as the single ombudsman for banking in Canada.”

    Banking cases reached a new record high in 2024, increasing 7% year over year to 2,553, up from 2,388 cases in 2023. Investment cases decreased 2% year over year to 649, down from a record high of 662 cases in 2023.

    Banking case highlights

    In 2024, fraud continued to be the leading issue for consumer banking complaints, representing 38% of banking cases. Fraud investigations increased 2% year over year to 966 cases, up from 950 cases in 2023. Significant issues also included consumer complaints about service issues, representing 21% of all banking cases and a significant year-over-year increase. Cases related to credit card chargebacks made up 7% of all banking cases, while complaints related to product information disclosure or misrepresentation increased significantly year over year and represented 6% of all banking cases.

    The top banking product concerns focused on credit cards, e-transfers, and personal savings and chequing accounts. In 2024, we opened:

    • 756 credit card complaints, making up 30% of banking cases.
    • 607 e-transfer complaints, representing 24% of banking cases.
    • 305 personal saving and chequing complaints, accounting for 12% of banking cases.

    Investment case highlights

    Service issues and investment suitability were the leading issues for investors in 2024, with 110 cases opened each, representing 17% of investment cases respectively. Service issues increased 7% year over year, while suitability cases decreased 38% from last year. There were 93 cases related to fraud, representing 14% of all investment cases opened, a 5% decrease year over year. Notably, cases related to fee disclosure issues increased 76% from last year to 74 cases, accounting for 11% of investment cases.

    Common shares were the most complained-about investment product in 2024, with 231 cases opened representing 36% of all investment complaints, up from 27% in 2023. Mutual fund cases decreased 34% year over year to 197 cases, representing 30% of investment cases. Crypto assets remained the third most common product for complaints for investors this year, decreasing 11% to 89 cases, down from 100 cases in 2023.

    Low settlements at OBSI

    For the first time, the annual report includes aggregate data related to low settlements. OBSI’s recommendations are not binding, meaning that firms do not have to follow them. Over many years, we have seen that this can lead to firms offering less than what we recommend as fair in all the circumstances of the case, and consumers accepting these offers because they have no other options.

    In the period from 2019 to 2023, there were no banking cases with settlements below the amount we recommended and there were 33 investment cases with settlements below our recommended amount. In total, these 33 consumers received $1,147,470 less than we recommended.

    In our review of low settlements data we observed that low settlements are more likely as the value of our recommendations increases. While almost no consumers with recommendations under $10,000 experienced a low settlement, in cases with recommendations of over $100,000, half of consumers settled for less than we recommended, and these consumers received nearly 44% less than we recommended on average.

    In 2024, there were four banking cases with settlements below our recommended amount, although all were relatively low value. We saw improvement in the number of investment cases experiencing low settlements in 2024, with just two cases settling below our recommended amount. However, those two consumers received $289,268 less than we recommended as fair.

    Systemic issues and disclosures to regulators

    In 2024, OBSI continued its practice of communicating regularly with financial services regulators about systemic issues and issues affecting multiple consumers. During the year, a range of topics were reported and discussed at meetings with regulators that included:

    • Detailed aggregate data including:
      • Products, issues and outcomes details and trends
      • Specific (anonymized) case outcomes and summaries
      • Additional information relating to cases involving low settlements
    • Cryptocurrency fraud
    • Banking fraud
    • Information relevant to the effective transition to the single ECB framework for Canadian banks
    • CSA work towards development of a binding authority framework
    • Claims management company activity in Canada
    • Investment fund risk rating practices
    • OBSI’s loss calculation methodology

    In 2024, OBSI reported two specific systemic issues to regulators related to banking. The first report related to cases involving fraud, particularly e-transfer fraud and other digital fraud, impacting an unprecedented number of Canadian consumers. The second report related to the impact of a specific firm’s account opening policies and procedures on a class of vulnerable consumers.

    Canada’s Ombudsman for Banking Services and Investments (OBSI) is a national, independent, not-for-profit organization that helps resolve and reduce disputes between consumers and financial services firms in both official languages. OBSI is responsive to consumer inquiries, conducts fair and accessible investigations of unresolved disputes, and shares its knowledge and expertise with all stakeholders and the public. If a consumer has a complaint against an OBSI participating bank or investment firm that they are not able to resolve with the bank or firm, OBSI will investigate at no cost to the consumer. Where a complaint has merit, OBSI may recommend compensation up to a maximum of $350,000.

    For more information, please contact:
    Mark Wright, Director, Communications and Stakeholder Relations
    416-287-2877 ext.2225
    publicaffairs@obsi.ca

    The MIL Network

  • MIL-OSI: Form 8.3 – [THRUVISION GROUP PLC – 13 03 2025] – (CGAML)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY ASSET MANAGEMENT LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
    N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    THRUVISION GROUP PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    13 MARCH 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 1p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 0 0    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 0 0    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    ORDINARY 1p SALE 17,500,000 0.557p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option
    Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 14 MARCH 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI: Andes Technology Achieves Record Annual Revenue Amid Strong AI Demand

    Source: GlobeNewswire (MIL-OSI)

    San Jose, CA, March 14, 2025 (GLOBE NEWSWIRE) — Andes Technology Corporation (TWSE: 6533), a global leader in high-performance, low-power RISC-V processor IP solutions, has achieved a significant milestone, surpassing $42 million in revenue for 2024. From the sale of the first RISC-V product in 2018 to 2024, the compound annual growth rate (CAGR) reached 28.7%, reinforcing Andes’ leadership in advancing RISC-V adoption across all market segments.

    Sustained Revenue Growth and Market Expansion

    Andes continues to experience strong revenue growth in both licensing and royalties, fueled by increasing adoption of its RISC-V processor IP solutions.

    • License Revenue grew 38.4% year-over-year, demonstrating strong customer adoption.
    • Royalty Revenue increased 25.0% year-over-year, reflecting Andes-powered chips’ widespread market penetration, now surpassing 16 billion units shipped.

    Geographically, Taiwan (38%) and United States (31%) remain Andes’ largest markets, with China (23%) and other regions contributing to the company’s global expansion.

    Andes’ Extends RISC-V Leadership in AI and Automotive

    By application, AI leads all sectors, followed by consumer electronics, IoT and Automotive. 

    AI has become a major growth driver for Andes, accounting for 38% of the company’s revenue.  Andes is uniquely positioned to meet the needs of AI with the combination of its high-performance vector processors and ACE (Andes’ Automated Custom Extensions).  ACE enables Andes’ customers to easily and robustly customize their Instruction Set Architecture (ISA) to achieve unprecedented levels of performance and power efficiency while maintaining flexibility and ease-of-use.  Over 80% of Andes’ AI customers heavily leverage this capability to differentiate their solutions.  Notable customers targeting AI include Axelera AI, Fractile AI, Meta, RAIN AI, and Rivos Inc, among others.  Further, Deep Computing launched the world’s first RISC-V AI PC, powered by Andes 7nm Qilai SoC.

    Additionally, automotive revenue has grown by 2.6x, reflecting Andes’ investment in ISO 26262 certified IPs and the increasing adoption for RISC-V in safety critical systems.  Andes has added one major US Integrated Device Manufacturer and MetaSilicon to its list of  licensees for its automotive-certified IPs. 

    A Vision for the Future

    “The rapid expansion of AI applications underscores RISC-V’s potential in artificial intelligence,” said Frankwell Lin, Chairman and CEO of Andes Technology. “We are committed to investing in AI acceleration technologies and deepening our partnerships to drive AI adoption across industries.”

    “RISC-V is no longer just an emerging standard—it is becoming the foundation of next-generation computing,” added Dr. Charlie Su, President and CTO of Andes Technology. “With a robust product roadmap and strong ecosystem collaborations, Andes is well-positioned to make RISC-V the standard for AI workloads.”

    Eight years ago, Andes Technology was a visionary early-adopter of RISC-V. Through continuous innovation, strong customer orientation, and a deep understanding of market trends, the company has gained momentum, transforming into a driving force in the RISC-V revolution.  Today, Andes continues to set the standard for RISC-V processor IP, fueling advancements in AI, automotive, and high-performance computing.

    To learn more about Andes and its ecosystem of customers and partners, please register for Andes RISC-V CON Silicon Valley on April 29 at the DoubleTree by Hilton Hotel in San Jose. Event website: https://bit.ly/3DpvlJo

    About Andes RISC-V CON Silicon Valley

    ANDES RISC-V CON 2025 will take place at the DoubleTree by Hilton Hotel in San Jose on April 29.

    The event will highlight RISC-V processors driving diverse and innovative technologies, focusing on four key application areas: AI/ML, automotive electronics, application processing, and security. Leading ecosystem partners, including Amazon, Arteris, Baya, BrainChip, Cycurity, Edge AI and Vision Alliance, EdgeQ, IAR, Imagination, OPENEDGES, proteanTecs, QuickLogic, S2C, SHD Group, Siemens, and Sondrel, will share insights and showcase their latest advancements.

    A new deep-dive hands-on developer track, hosted with IAR, Baya, and Imagination, will provide in-depth RISC-V training.

    Join to explore cutting-edge RISC-V innovations and connect with industry experts: https://bit.ly/3DpvlJo

    About Andes Technology

    As a Founding Premier member of RISC-V International and a leader in commercial CPU IP, Andes Technology (TWSE: 6533; SIN: US03420C2089; ISIN: US03420C1099) is driving the global adoption of RISC-V.  Andes’ extensive RISC-V Processor IP portfolio spans from ultra-efficient 32-bit CPUs to high-performance 64-bit Out-of-Order multiprocessor coherent clusters. 

    With advanced vector processing, DSP capabilities, the powerful Andes Automated Custom Extension (ACE) framework, end-to-end AI hardware/software stack, ISO 26262 certification with full compliance, and a robust software ecosystem, Andes unlocks the full potential of RISC-V, empowering customers to accelerate innovation across AI, automotive, communications, consumer electronics, data centers, and mobile devices.  Over 16 billion Andes-powered SoCs by the end of 2024 are driving innovations globally. Discover more at www.andestech.com  and connect with Andes on LinkedIn, X ,and YouTube.

    The MIL Network

  • MIL-OSI USA: North Country Winners of DRI and NY Forward Announced

    Source: US State of New York

    overnor Kathy Hochul today announced that the Village of Malone will receive $10 million in funding as the North Country winner of the eighth round of the Downtown Revitalization Initiative, and the Hamlet of Keeseville and the Village of Gouverneur will each receive $4.5 million as the North Country winners of the third round of NY Forward. For Round 8 of the Downtown Revitalization Initiative and Round 3 of the NY Forward Program, each of the State’s 10 economic development regions are being awarded $10 million from each program, to make for a total state commitment of $200 million in funding and investments to help communities boost their economies by transforming downtowns into vibrant neighborhoods.

    “My goal for New York is to help transform downtown areas across the state into vibrant, thriving hubs. This funding will support new housing, attract businesses, and create public spaces that enhance quality of life,” Governor Hochul said. “By revitalizing these communities, we are strengthening local economies, creating more opportunities for growth, and ensuring a brighter, more sustainable future for the North Country.”

    To receive funding from either the DRI or NY Forward program, localities must be certified under Governor Hochul’s Pro-Housing Communities Program — an innovative policy created to recognize and reward municipalities actively working to unlock their housing potential. Governor Hochul’s Pro-Housing Communities initiative allocates up to $650 million each year in discretionary funds for communities that pledge to increase their housing supply; to date, 287 communities across New York have been certified as Pro-Housing Communities. This year, Governor Hochul is proposing an additional $100 million in funding to cover infrastructure projects necessary to create new housing in Pro-Housing Communities, and a further $10.5 million for technical assistance to help communities seeking to foster housing growth.

    Many of the projects funded through the DRI and NY Forward support Governor Hochul’s affordability agenda. The DRI has invested in the creation of more than 4,400 units of housing — 1,823 of which are affordable or workforce housing. The programs committed over $8.5 million to 11 projects that provide affordable or free child care and child care worker training. DRI and NY Forward have also invested in the creation of public parks, public art (such as murals and sculptures) and art, music and cultural venues that provide free outdoor recreation and entertainment opportunities.

    $10 Million Downtown Revitalization Initiative Award for Malone

    The Village of Malone’s downtown sits at the heart of a commercial district that is listed on both the State and the National Registers of Historic Places, with a built environment boasting a timeless charm that embodies all the nostalgic elements of Main Street America. Wide cobbled sidewalks are flanked by welcoming storefronts tucked neatly under second and third stories articulated with unique prewar detailing. The downtown also includes Arsenal Green Park, Veteran’s Memorial Park, Mill Park, and the Salmon River riparian corridor, providing natural elements and public spaces that complement the commercial activity of Main Street. The Village seeks to become a vibrant mixed-use neighborhood that is home to a growing number of residents, prosperous locally owned businesses, strong civic institutions, a thriving cultural scene and accessible outdoor recreation opportunities along the Salmon River.

    $4.5 Million NY Forward Award for Keeseville

    Situated where the Champlain Valley meets the Adirondack mountains and just three miles west of Lake Champlain, the hamlet of Keeseville offers tremendous recreational, commercial and residential opportunities. When Keeseville was founded in the 1800s its commercial and residential activity was closely tied to the Ausable River. The downtown includes a vibrant mixed-use development district framed by two historic bridges and three main streets, which create an accessible, walkable perimeter for residents and visitors to enjoy. It also acts as a bridge between two towns and counties uniting them into a single community. Keeseville’s vision for its future is to revitalize its historic and character-defining assets and to cultivate a vibrant and desirable community where current and future residents can live, work, play and thrive.

    $4.5 Million NY Forward Award for Gouverneur

    The Village of Gouverneur is a charming historic community located along the Oswegatchie River. The Village embodies the feel of community with a beautiful downtown and park area. The Village is home to many festivals and events, including the St. Lawrence County Fair, that entertains residents and attracts visitors from across the region. Gouverneur will capitalize on its historical charm, vibrant and expanding downtown business community, safe, friendly, and walkable environment and its proximity to major regional employers to enhance quality of life, strengthen resilience and increase economic opportunities for both current and future residents. Additionally, Gouverneur aims to attract visitors to experience its rich recreational, cultural and retail assets, positioning the village as a regional destination.

    New York Secretary of State Walter T. Mosley said, “The Downtown Revitalization Initiative and NY Forward programs are making huge impacts in communities all across the State. We’re excited for Malone, Keeseville and Gouverneur to join this ongoing renaissance and experience the benefits of these programs first-hand. Congratulations to these three communities as they begin their new paths toward revitalization!”

    Empire State Development President, CEO and Commissioner Hope Knight said, “Through the DRI and NY Forward programs, these three North Country communities will develop and implement strategic plans that maximize the impact of public funding to create economic growth. Targeted investments in Malone, Keeseville and Gouverneur will generate new developments that encourage more people, visitors and businesses to establish roots, grow and thrive.”

    New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas said, “Today’s $19 million investment in Malone, Gouverneur and Keeseville will have a transformative impact on these North Country communities by creating opportunities for them to leverage their historic, small-town charm to generate tourism, revitalize local economies, and create more housing. Thank you to Governor Hochul for her continued commitment to life-changing investments that leave no region of our State behind.”

    North Country Regional Economic Development Council Co-Chairs James McKenna and Dr. Kathryn Morris said, “The North Country is home to unparalleled history and culture, and one-of-a-kind natural beauty, and these awards will support new economic development in three regional downtown destinations. DRI and NY Forward funds will help to transform Malone, Keeseville and Gouverneur by adding needed housing and powering projects that will ensure sustainable long-term growth.”

    Assemblymember Billy Jones said, “Congratulations to the Village of Malone and Keeseville for being selected for the DRI and New York Forward programs! This funding will help revitalize these communities, preserve their historic charm, and improve the quality of life for current and future residents. I have been a strong supporter of these projects since their inception and throughout the process and I want to congratulate the local officials who made this possible by working with Empire State Development. It is great to see these programs make a difference in the North Country and I look forward to seeing what the future has in store for Malone and Keeseville.”

    Assemblymember Ken Blankenbush said, “Gouverneur is a true treasure to the 117th Assembly District. I always like to see NYS invest in our rural villages. When you invest in downtowns you invest in small businesses and residents. I am always in support of that.”

    Village of Gouverneur Mayor Ron McDougall said, “On behalf of the Village of Gouverneur, I would like to thank Governor Hochul for this opportunity. This NY Forward Grant will be such a benefit to our community and we look forward to revitalizing our downtown.”

    Village of Malone Mayor Andrea Dumas said, “On behalf of the Village of Malone, we want to express our sincere gratitude for the announcement of the $10 million DRI grant award. This investment represents a significant moment for our community and reflects the cooperative spirit of our residents, business community, and local organizations that supported our application. Having applied in Round 7 and not giving up, this victory proves that persistence does pay off! We extend our sincerest thanks to the Regional Economic Development Council for having faith in Malone’s potential and moving our vision of a revitalized downtown forward. This funding will leverage meaningful projects that create new economic opportunities and enhance community engagement. This award isn’t just financial support—it’s a vote of confidence in Malone’s future, and we’re committed to making every dollar count for generations to come!”

    Chesterfield Town Supervisor Clayton Barber said, “I’m so very excited to hear that our community was selected to receive a NY Forward grant. This will allow us the opportunity to upgrade our sidewalks, make beautification improvements and attract more businesses and tourists to the downtown area. We also have plans to light up our downtown park and add a new walkway. The Town of Chesterfield is looking forward to working with the Town of Ausable on projects to enhance our two towns. Thanks to our NY Forward committee for all their hard work.”

    Ausable Town Supervisor Tim Bresett said, “I am deeply grateful and thrilled that Keeseville has been awarded a NY Forward grant, a testament to the incredible collaboration between the towns of AuSable and Chesterfield. This achievement reflects the tireless dedication of the NY FORWARD Committee, whose vision and hard work have paved the way for a brighter, more vibrant future for our community. Together, we’re not just revitalizing Keeseville—we’re celebrating its unique spirit and building a legacy for generations to come. It’s a moment to celebrate and a promise of progress we can all rally behind!”

    Malone, Keeseville and Gouverneur will now begin the process of developing a Strategic Investment Plan to revitalize their downtowns. A Local Planning Committee made up of municipal representatives, community leaders and other stakeholders will lead the effort, supported by a team of private sector experts and state planners. The Strategic Investment Plan will guide the investment of DRI and NY Forward grant funds in revitalization projects that are poised for implementation, will advance the community’s vision for their downtown and that can leverage and expand upon the state’s investment.

    The North Country Regional Economic Development Council conducted a thorough and competitive review process of proposals submitted from communities throughout the region and considered all criteria before recommending these communities as nominees.

    About the Downtown Revitalization Initiative

    The Downtown Revitalization Initiative was created in 2016 to accelerate and expand the revitalization of downtowns and neighborhoods in all ten regions of the state to serve as centers of activity and catalysts for investment. Led by the Department of State with assistance from Empire State Development, Homes and Community Renewal and NYSERDA, the DRI represents an unprecedented and innovative “plan-then-act” strategy that couples strategic planning with immediate implementation and results in compact, walkable downtowns that are a key ingredient to helping New York State rebuild its economy from the effects of the COVID-19 pandemic, as well as to achieving the State’s bold climate goals by promoting the use of public transit and reducing dependence on private vehicles. Through eight rounds, the DRI will have awarded a total of $900 million to 89 communities across every region of the State.

    About the NY Forward Program

    First announced as part of the 2022 Budget, Governor Hochul created the NY Forward program to build on the momentum created by the DRI. The program works in concert with the DRI to accelerate and expand the revitalization of smaller and rural downtowns throughout the State so that all communities can benefit from the State’s revitalization efforts, regardless of size, character, needs and challenges.

    NY Forward communities are supported by a professional planning consultant and team of State agency experts led by DOS to develop a Strategic Investment Plan that includes a slate of transformative, complementary and readily implementable projects. NY Forward projects are appropriately scaled to the size of each community; projects may include building renovation and redevelopment, new construction or creation of new or improved public spaces and other projects that enhance specific cultural and historical qualities that define and distinguish the small-town charm that defines these municipalities. Through three rounds, the NY Forward program will have awarded a total of $300 million to 60 communities across every region of the State.

    MIL OSI USA News

  • MIL-OSI: DNO Completes USD 600 Million Bond Placement

    Source: GlobeNewswire (MIL-OSI)

    14 March 2025 – DNO ASA, the Norwegian oil and gas operator, today completed the private placement of USD 600 million of new five-year senior unsecured bonds with a coupon rate of 8.5 percent. The bond placement met strong investor demand across US, Nordic and international markets and was significantly oversubscribed.

    “With this issue, we extend our flawless record to 20 successful bond placements over the past 24 years, with no waivers, no amendments and certainly no defaults,” said DNO’s Executive Chairman Bijan Mossavar-Rahmani. “The enthusiastic response reflects this record and the growing diversification of the Company with the transformative acquisition of Sval Energi Group AS announced last week,” he added.

    Settlement is expected on or about 27 March 2025, subject to customary conditions precedent. An application will be made to list the bonds on the Oslo Stock Exchange. Proceeds from the new bond issue will be used to call the USD 350 million outstanding DNO04 bonds (ISIN: NO0011088593) and general corporate purposes.

    DNB Markets, part of DNB Bank ASA, and Pareto Securities AS acted as Global Coordinators and Joint Bookrunners with Clarksons Securities AS, Fearnley Securities AS and SpareBank 1 Markets AS as Co-Lead Managers. AGP Advokater AS acted as legal advisor to the Company.

    For further information, please contact:
    Media: media@dno.no
    Investors: investor.relations@dno.no

    DNO ASA is a Norwegian oil and gas operator active in the Middle East, the North Sea and West Africa. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Côte d’Ivoire, Netherlands and Yemen. More information is available at www.dno.no

    This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

    This release does not constitute any offer or solicitation to sell or purchase any securities. 

    The release may not be released, published or distributed in the United States of America or any other jurisdiction where release, publication or distribution would be prohibited or require any registration or filing acts or similar.

    The MIL Network

  • MIL-OSI: VeeMost Technologies Expands Growth Strategy, Provides Update on FINRA Approval & Strategic Direction

    Source: GlobeNewswire (MIL-OSI)

    RED BANK, NEW JERSEY, March 14, 2025 (GLOBE NEWSWIRE) — VeeMost Technologies Inc. (OTC: $GDVM) is pleased to provide key updates on its strategic growth initiatives, government contracting progress, and corporate updates that reflect the company’s commitment to delivering long-term value for shareholders.

    Strategic Decision to Prioritize Internal Growth Over Acquisition

    As part of its long-term growth strategy, VeeMost Technologies made a strategic decision to redirect funds originally earmarked for the acquisition of a Dallas-based company into strengthening the company’s internal operations.

    After careful evaluation, we determined that proceeding with the acquisition was not in the best financial interest of VeeMost at this time. While the acquisition initially aligned with our expansion plans, further due diligence revealed challenges in securing favorable financing terms.

    Although we received offers for financing, a thorough review of the proposed terms revealed that they could have resulted in excessive shareholder dilution and unfavorable financing conditions. Many of these offers came from firms specializing in high-risk funding structures, which could have placed undue financial strain on the company and negatively impacted shareholder value. Rather than pursuing an acquisition under these terms, VeeMost made the strategic decision to reinvest capital into core growth areas, ensuring long-term value creation while protecting shareholder equity.

    While this particular acquisition was not the right fit at this time, VeeMost remains actively engaged in evaluating other strategic acquisition opportunities. The company continues to seek financially viable businesses that align with its growth strategy and can be acquired under terms that are fiscally responsible and beneficial to shareholders. Management remains committed to pursuing opportunities that strengthen VeeMost’s market position while maintaining financial discipline and protecting long-term value.

    Instead, VeeMost channeled resources into high-growth areas, including:
    ✅Expanding government contracting capabilities by initiating the GSA Schedule approval process with Government Services Exchange (GSE)
    ✅Winning new E-Rate contracts, positioning the company for continued success in the education sector
    ✅Securing contracts with a company serving the defense sector, expanding its cybersecurity and IT solutions footprint
    ✅Forming new vendor partnerships with Vertiv, Nutanix, Lenovo, and more, enhancing its technology offerings
    ✅Marketing and positioning the newly launched VeeStore platform (store.veemost.com) as a trusted technology store for organizations.

    This decision fortifies VeeMost’s financial future while ensuring that resources are allocated toward revenue-generating initiatives that enhance shareholder value.

    FINRA Approval Process Nearing Completion

    VeeMost Technologies is also pleased to provide an update on its corporate restructuring process with FINRA. The company has worked diligently to resolve legacy SEC reporting gaps dating back to 2006, and other key requirements before FINRA could finalize the company name change, ticker change, and implementation of the newly approved CUSIP.

    With these compliance matters now largely addressed, VeeMost is in the final stages of securing FINRA approval.

    “The process has been meticulous, but we are confident that we are now very close to completing this transition,” said Melvin Ejiogu, President of VeeMost Technologies. “Once finalized, these changes will provide greater transparency, streamline trading access, and strengthen our standing in the public markets. This completion will also allow us to move forward with key board appointments as part of our broader corporate growth strategy.”

    Looking Ahead

    With a stronger financial foundation, new contracts in key sectors, and a pending FINRA approval that will bring corporate clarity, VeeMost Technologies is well-positioned for sustained growth.

    The company remains committed to:
    ✅ Expanding its government contracting business through the GSA Schedule process
    ✅ Securing more E-Rate contracts to support schools and educational institutions
    ✅ Strengthening its cybersecurity and IT services footprint through new strategic vendor partnerships
    ✅ Delivering shareholder value through smart financial decisions and targeted growth initiatives

    With newly secured contracts from a company serving the defense sector, VeeMost is further expanding its presence in government-focused IT solutions, reinforcing its ability to provide cutting-edge technology and security-driven services.

    The company appreciates the patience and support of its investors as it continues to execute on its long-term vision.

    Safe Harbor Statement

    This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words “may,” “will,” “should,” “plans,” “expects,” “anticipates,” “continue,” “estimates,” “projects,” “intends,” and similar expressions. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, the Company’s ability to successfully execute its expanded business strategy, including by entering into definitive agreements with suppliers, commercial partners and customers; general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technical advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, regulatory requirements and the ability to meet them, government agency rules and changes, and various other factors beyond the Company’s control.

    CONTACT: VeeMost Technologies Inc.
    info@veemost.com

    The MIL Network

  • MIL-OSI: Changes in the Management Board of Šiaulių Bankas

    Source: GlobeNewswire (MIL-OSI)

    Šiaulių Bankas AB has received notification of Agnė Duksienė about her resignation from the Bank’s Management Board members.

    18 March 2025 is the last day of Agnė Duksienė term of office as a member of the Management Board and as a Head of Legal, Compliance and Prevention Division and CCO.

    Agnė Duksienė started her career at Šiaulių Bankas in 2022 and took up her duties as a member of the Management Board on 8 May 2023.

    “On behalf of the Bank, I thank Agnė Duksienė for her professionalism and leadership in the areas of legal and compliance management, which are of strategic importance to the Bank. Function of Head of the Legal, Compliance and Prevention Division will be covered by Aurelija Geležiūnė, who currently holds Head of Legal Department position. After the necessary regulatory actions are performed, she will ensure covering CCO functions as well,” said Vytautas Sinius, CEO.

     

    Additional information:
    Oksana Balsienė
    Head of HR
    oksana.balsiene@sb.lt

    The MIL Network

  • MIL-OSI China: China issues 6.14 trillion yuan in new loans in first two months of 2025

    Source: China State Council Information Office

    China issued 6.14 trillion yuan (about 855.89 billion U.S. dollars) in new yuan-denominated loans in the first two months of 2025, central bank data showed on Friday.

    At the end of February, outstanding yuan loans amounted to 261.78 trillion yuan, up 7.3 percent year on year, according to the People’s Bank of China.

    The M2, a broad measure of money supply that covers cash in circulation and all deposits, had by the end of last month increased by 7 percent year on year to 320.52 trillion yuan.

    The M1, which covers cash in circulation, demand deposits and clients’ reserves of non-banking payment institutions, stood at 109.44 trillion yuan at the end of February, up 0.1 percent year on year. 

    MIL OSI China News

  • MIL-OSI USA: Attorney General James Takes Action to Protect New York Consumers and Small Businesses 

    Source: US State of New York

    EW YORK – New York Attorney General Letitia James today advanced new legislation to protect consumers and small businesses from unfair, deceptive, and abusive practices. The Fostering Affordability and Integrity through Reasonable Business Practices, or FAIR Business Practices Act, is a program bill from the Office of the Attorney General (OAG) and championed in the state legislature by Senator Leroy Comrie and Assemblymember Micah Lasher. This legislation will strengthen New York’s consumer protection law, GBL §349, to protect New Yorkers from a wide array of scams, including deed theft, artificial intelligence (AI)-based schemes, online phishing scams, hard-to-cancel subscriptions, junk fees, data breaches, and other unfair, deceptive, and abusive practices. Forty-seven other states and federal law already prohibit unfair practices, making New York’s current law both antiquated and inadequate. 

    The FAIR Business Practices Act would also help stop lenders, including auto lenders, mortgage servicers, and student loan servicers, from deceptively steering people into higher cost loans. It would reduce unnecessary and hidden fees, stop unfair billing practices by health care companies, and prevent companies from taking advantage of New Yorkers with limited English proficiency. With the federal government rolling back protections for consumers and small businesses, the FAIR Business Practices Act authorizes OAG and victims to seek civil penalties and restitution against businesses that use unfair, deceptive, or abusive practices against vulnerable New Yorkers. 

    “In New York right now, companies can make canceling a subscription so hard it seems impossible; nursing homeowners can sue relatives of deceased former residents; and debt collectors can steal Social Security benefits,” said Attorney General James. “This legislation will put a stop to this all. At a time when the federal government is making life harder, we want to make life easier for New Yorkers. The FAIR Business Practices Act will close loopholes that make it too easy for New Yorkers to be scammed, and will allow my office to go after anyone who violates the law and look forward to working with my partners in state government to ensure that as Washington retreats from protecting consumers, New York steps up to lead.” 

    “Strong consumer protection tools are essential for protecting Americans from unfair and abusive business practices,” said former FTC Chair Lina Khan. “At the FTC, we used these tools to tackle a range of exploitative tactics, from outrageous subscription traps and predatory scams to dangerous commercial surveillance. By passing a strong consumer protection bill, New York lawmakers can empower Attorney General James to fully defend New Yorkers’ pocketbooks, privacy, and economic freedoms.”

    “Businesses should compete by providing great products and superior service, not by devising schemes to rip people off,” said former CFPB Director and FTC Commissioner Rohit Chopra. “We need stronger state laws to combat abuses that harm families and honest businesses. With stronger laws on the books, Attorney General James and state law enforcement across the country can stop the scourge of junk fees and other crimes against consumers.”

    “When unscrupulous actors take advantage of New Yorkers through online scams, junk fees, and hidden costs, our community and our economy suffer,” said Senator Leroy Comrie. “From unfair debt collection to deed theft, too many consumers have been hurt by abusive and deceptive practices. Let’s get the FAIR Business Practices Act passed this year and put the power back in the hands of the people, ensuring that businesses play fairly and put New York on par with 47 other states that already have these protections. I’m proud to work alongside Assemblyman Micah Lasher and Attorney General Letitia James to bring much-needed protections to the people who need them most.”

    “Consumer protection equals affordability. Every year, billions of hard-earned dollars are extracted from American consumers by companies, big and small, that take advantage of us,” said Assemblymember Micah Lasher. “And as we speak, Donald Trump, who ran on the issue of affordability, is turning the lights off at the Federal agencies responsible for protecting our pocketbooks. The news today is that New York is going to fight back with the FAIR Business Practices Act. Making sure that the Attorney General has the tools she needs to look out for New Yorkers is one of the best ways we can stop the damage Trump is trying to do. By passing this bill, we will protect consumers from the high costs of unfair business practices and make sure they can spend the money they earn on the things they need. It is an honor to stand together in this fight with Attorney General James, who is a beacon for New York and for the nation in this moment of darkness, and with Senator Comrie, who has taught me a great deal over many years about combining conviction and common sense to deliver for constituents.”

    New York’s current consumer protection law, GBL §349, was passed in 1970 and only prohibits deceptive business acts and practices, leaving consumers vulnerable to unfair or abusive acts by companies. The FAIR Business Practices Act will protect New Yorkers from unfair and abusive business acts, such as: 

    • Companies that make it difficult for consumers to cancel a subscription;
    • Student loan servicers that steer borrowers into the most expensive repayment plans;
    • Car dealers that refuse to return a customer’s photo ID until a deal is finalized and charge for add-on warranties that the customer did not actually purchase;
    • Nursing homes that routinely sue relatives of deceased residents for their unpaid bills despite not having any basis for liability;
    • Companies that take advantage of consumers with limited English proficiency and obscure pricing information and fees;
    • Debt collectors that collect and refuse to return a senior’s Social Security benefits, even though they are exempt from debt collection; and
    • Health insurance companies’ that use long lists of in-network doctors who turn out not to accept the insurance.

    On February 9, the Trump administration ordered the Consumer Financial Protection Bureau (CFPB) to stop all work protecting consumers and decline any new cases. The CFPB is an independent agency that oversees big banks, lenders, credit card companies, and mortgage servicers and ensures companies are following federal consumer protection laws. As a result of the Trump administration’s actions, the nation’s largest banks are no longer being closely watched for compliance with key consumer protections by any federal regulator. The administration’s efforts to destroy the CFPB could also prevent consumers from reporting issues of fraud or deception. 

    “For months, I battled my student loan servicer over errors that delayed my payments, cost me critical progress toward loan forgiveness, and left me in financial limbo—all with no clear explanation or accountability,” said Erik Krause, a student loan borrower. “My case is just one of many. Too often, consumers are left vulnerable to mismanagement from financial institutions with little recourse. The legislation advanced by Attorney General James and the bill sponsors will change that, ensuring real protections for millions of New Yorkers against these unfair and harmful practices.”

    “Nearly every one of the small business clients I advise has had some experience with predatory lenders,” said Eda Henries, Founder & Managing Principal of Henries and Co. in Brooklyn. “This is the case because traditional banks have largely exited the small business lending space, meaning that when a small business owner needs capital they often turn to non-traditional lenders that can offer quick turnarounds on underwriting and disbursing a loan. But the flip side of that is these loans come with hidden interest rates that are very high and extremely onerous repayment terms. What may look like growth funding or growth capital often ends up being a debt trap. New York must stop allowing bad actors in the lending space to act without guardrails and should provide small businesses with more meaningful protections from abusive practices by these lenders, vendors, and other predatory businesses. That is why I support Attorney General James’ efforts to advance the FAIR Business Practices Act.”

    “I am a co-op owner and up to date on my mortgage,” said Richard Barrett, a senior homeowner in Harlem. “Last year my mortgage servicer – a company I never even chose to do business with – improperly paid my entire building’s property taxes and is demanding that I reimburse them even though they are entitled to a refund from the City. I believe this practice is unfair and abusive and that Attorney General James’ FAIR Act would incentivize the company to fix the problem it created, instead of taking advantage of New Yorkers due to New York’s weak consumer protection laws.”

    “New York once stood as a model of consumer protection, but over time has fallen behind most other states in this regard,” said Carolyn Carter, Deputy Director of the National Consumer Law Center. “New Yorkers are especially vulnerable in this moment as our strongest line of defense – the Consumer Financial Protection Bureau and Federal Trade Commission – are being eroded, and there are no state-level protections in New York against unfair and abusive market conduct. From large financial transactions such as student loan borrowing and auto sales to the everyday “subscription” economy, we see consumers fall victim to nefarious business practices without the ability for redress. NCLC applauds the Attorney General, Senator Comrie, and Assemblyman Lasher for championing the Fair Business Practices Act which will again make New York a leader in general consumer protection laws and promote a fairer economy for all.”

    “All too often we see seniors and their families fall victim to predatory business practices such as unfair debt collection by nursing homes, home repair scams, and financial exploitation,” said Karen Nicolson, CEO and Executive Director of the Center for Elder Law and Justice. “Our attorneys work tirelessly to help secure redress for our clients, but New York’s weak general consumer protection law – which notably does not ban unfair or abusive business activity – limits our ability to secure restitution. We applaud Attorney General James, Senator Comrie, and Assemblymember Lasher for championing the FAIR Business Practices Act which will better protect aging New Yorkers from nefarious marketplace conduct, hold bad actors accountable, and ensure that victims will be made whole.”

    “Every single day we hear from older adults who have been victims of scams,” said Ann Marie Cook, President and CEO of Lifespan of Greater Rochester. “Scams are serious crimes that, at a minimum, disrupt a person’s life and usually impact their financial future for a long time. At Lifespan we work to educate older adults, protect them against unscrupulous people, and help them if they have been scammed. I want to sincerely thank Attorney General Letitia James for her leadership on this issue and for protecting all consumers from deceptive practices.” 

    New Yorkers, especially seniors, veterans, low-income New Yorkers, and immigrant communities, are most vulnerable to these types of unfair, deceptive, or abusive practices. The FAIR Business Practices Act will authorize OAG and impacted individuals to bring a civil case against individuals or companies that engage in unfair, deceptive, or abusive practices to seek penalties and restitution. This legislation has been introduced in the State Senate and State Assembly, and Attorney General James will work to have it advanced and signed into law so New York consumers are better protected regardless of what happens on the federal level. 

    MIL OSI USA News

  • MIL-OSI USA: Long Island DRI and NY Forward Winners Announced

    Source: US State of New York

    overnor Kathy Hochul today announced that Hempstead will receive $10 million in funding as the Long Island winner of the eighth round of the Downtown Revitalization Initiative, and Farmingdale will receive $4.5 million as the Long Island winner of the third round of NY Forward. For Round 8 of the Downtown Revitalization Initiative and Round 3 of the NY Forward Program, each of the State’s 10 economic development regions receive awards from each program, to make for a total State commitment of $200 million in funding and investments to help communities boost their economies by transforming downtowns into vibrant neighborhoods.

    “Long Island’s downtowns are more than hubs for business, they’re the infrastructure that inspires people to build a better world around them,” Governor Hochul said. “By investing nearly $15 million in revitalizing Hempstead and Farmingdale, we’re creating stronger communities that honor their history and possibility — paving a path for generations of Long Islanders to experience all they have to offer.”

    To receive funding from either the DRI or NY Forward program, localities must be certified under Governor Hochul’s Pro-Housing Communities Program — an innovative policy created to recognize and reward municipalities actively working to unlock their housing potential. Governor Hochul’s Pro-Housing Communities initiative allocates up to $650 million each year in discretionary funds for communities that pledge to increase their housing supply; to date, 287 communities across New York have been certified as Pro-Housing Communities. This year, Governor Hochul is proposing an additional $100 million in funding to cover infrastructure projects necessary to create new housing in Pro-Housing Communities, and a further $10 million to technical assistance to help communities seeking to foster housing growth and associated municipal development.

    Many of the projects funded through the DRI and NY Forward support Governor Hochul’s affordability agenda. The DRI has invested in the creation of more than 4,400 units of housing — 1,823 of which are affordable or workforce. The programs committed over $8.5 million to 11 projects that provide affordable or free child care and child care worker training. DRI and NY Forward have also invested in the creation of public parks, public art (such as murals and sculptures) and art, music and cultural venues that provide free outdoor recreation and entertainment opportunities.

    $10 Million Downtown Revitalization Initiative Award for the Village of Hempstead
    Hempstead’s Main Street is the social, retail and civic heart of the community, serving as a key destination for the Village, Town and County. Its strategic location offers walkable access to essential transit services, commercial corridors and cultural institutions, including restaurants, Denton Green and the Nassau County African American Museum. Signature buildings with distinctive facades line the street, adding to its character and enhancing its unique visual identity. With a vibrant mix of arts, culture and retail, Hempstead seeks to transform its Main Street into a thriving hub of activity, community and commerce. Specific community goals include creating a broad mix of housing opportunities, increasing business and service offerings, enhancing cultural arts and fostering recreation and entertainment.

    $4.5 Million NY Forward Award for the Village of Farmingdale
    The Village of Farmingdale’s downtown is a compact area mixed with small parcels and dense building coverage, mixed land uses and charming architecture. It is situated among some of the most popular tourist destinations in New York State. Due to the Village’s characteristics, Farmingdale is focusing on projects that will yield dramatic and positive effects, thereby advancing an active downtown with a strong sense of place. The Village seeks to attract new businesses, encourage a diverse population, improve downtown living and quality of life and enhance the pedestrian walkability and cyclability of the downtown.

    New York Secretary of State Walter T. Mosley said, “Residents and visitors of Long Island have witnessed first-hand how impactful the Downtown Revitalization Initiative and NY Forward programs have been for countless communities and the entire region. Now, the Villages of Hempstead and Farmingdale will receive this critical funding that will help to jumpstart their downtowns and join in on the wave of revitalization that is sweeping our state. Congratulations to both of these communities, and we look forward to working with you throughout this process!”

    Empire State Development President, CEO and Commissioner Hope Knight said, “The Downtown Revitalization Initiative and NY Forward programs continue to be transformative forces for communities across Long Island. With these strategic investments in Hempstead and Farmingdale, New York State is supporting locally-driven solutions that will create vibrant, walkable downtowns while expanding housing opportunities and strengthening local economies. These projects demonstrate the State’s commitment to building sustainable, prosperous communities that attract both residents and businesses.”

    New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas said, “Today’s $14.5 million in transformative NY Forward and the Downtown Revitalization Initiative investments demonstrate Governor Hochul’s continued commitment to rewarding communities that are serious about expanding housing and economic opportunities for current and future residents. As two of the 287 current participants in the Governor’s Pro-Housing Communities program, Farmingdale and Hempstead have unlocked access to today’s funding that will enrich their neighborhoods and grow the housing supply through targeted investment. We thank these communities for their commitment to improving housing supply and congratulate them on today’s awards.”

    LIREDC Co-Chairs Linda Armyn, President & CEO at Bethpage Federal Credit Union and Dr. Kimberly R. Cline, President of Long Island University, said, “Hempstead and Farmingdale presented compelling visions for their downtown corridors that will create new opportunities for housing, business growth, and community engagement. The Village of Hempstead’s focus on enhancing its historic Main Street while expanding housing and cultural amenities, coupled with Farmingdale’s plans to strengthen its walkable downtown core, exemplify the kind of forward-thinking development that will benefit Long Island for generations to come. We look forward to working with both communities as they implement their strategic investment plans.”

    State Senator Siela Bynoe said, “This Downtown Revitalization Initiative grant will provide much-deserved investment to the Village of Hempstead. As we’ve seen in Westbury Village, this grant will have a transformational impact on Hempstead’s downtown by improving walkability, and creating opportunities through investment in the Village’s commercial downtown. In Westbury Village, the Downtown Revitalization Initiative provided a blueprint for innovation to address our housing and infrastructure needs, and it is exciting to see Hempstead have this same opportunity. I’d like to thank the Governor and the Long Island Regional Economic Development Council for their commitment to helping to empower our communities.”

    Assemblymember Noah Burroughs said, “I’m pleased to hear that finally the Village Of Hempstead is being recognized as the great hub in Nassau County as well as Long Island. Today I was notified that the Village of Hempstead has been awarded the downtown revitalization initiative. I would like to thank Governor Hochul for seeing the vision we have in the 18th assembly district. This brings us one step closer to having a downtown that the residents could be proud to visit, shop, dine and enjoy on a daily basis.”

    Village of Hempstead Mayor Waylyn Hobbs said, “Hempstead is a proud, hardworking community, and this $10 million investment will go a long way in making our downtown a place where families, businesses, and visitors can thrive. We’re incredibly grateful to Governor Hochul for believing in Hempstead and for giving us the tools to build a stronger, more vibrant future. This funding means more opportunities for local businesses, more housing for our residents, and a downtown that truly reflects the energy and diversity of our village. We’re excited to get to work and make this vision a reality.”

    Village of Farmingdale Mayor Ralph Ekstrand said, “On behalf of Myself and the Board of Trustees, all Farmingdale Village Residents, Our Merchants & Local Community; we are thrilled to have won a $4.5 million grant for a Performing Arts Center! Thank you to New York State! We are so fortunate and thankful for the incredible efforts of all involved who helped secure the grant, it’s truly spectacular news for our community! As everyone knows, Farmingdale Village has been going through an incredible Revitalization and has become a downtown destination. Our (BID) Business Improvement District was formed in 2021, and shortly thereafter; our Downtown was designated as “the Culinary Quarter Mile”. Farmingdale Village was also voted Best LI Downtown 2025 – in the Four Leaf (Formerly BFCU), Annual contest, the last 10 out of 11 years! In the Village; we all work as a team; and there are also many Music Fests (“Music on Main, etc..); Art Shows and basically Culture Everywhere! But the one desire was always for a Cultural Arts Center! So this is the Icing on the Cake; the Farmingdale Village Cake! We are beyond thrilled and our community will be dancing in the street! (Literally!) Thank You!”

    Nassau County Legislator Scott Davis said, “Thank you, Governor Hochul, for selecting the Village of Hempstead as a recipient of the 2025 Downtown Revitalization Program Award in the amount of $10,000,000. These funds will provide much needed assistance in helping to make the vision of a vibrant downtown become a reality. I look forward to seeing the village continue on the path toward a promising future for residents and a destination for visitors.”

    Hempstead and Farmingdale will now begin the process of developing a Strategic Investment Plan to revitalize their downtowns. A Local Planning Committee made up of municipal representatives, community leaders and other stakeholders will lead the effort, supported by a team of private sector experts and state planners. The Strategic Investment Plan will guide the investment of DRI and NY Forward grant funds in revitalization projects that are poised for implementation, will advance the community’s vision for their downtown and that can leverage and expand upon the State’s investment.

    The Long Island Regional Economic Development Council conducted a thorough and competitive review process of proposals submitted from communities throughout the region and considered all criteria before recommending these communities as nominees.

    About the Downtown Revitalization Initiative
    The Downtown Revitalization Initiative was created in 2016 to accelerate and expand the revitalization of downtowns and neighborhoods in all ten regions of the state to serve as centers of activity and catalysts for investment. Led by the Department of State with assistance from Empire State Development, Homes and Community Renewal and NYSERDA, the DRI represents an unprecedented and innovative “plan-then-act” strategy that couples strategic planning with immediate implementation and results in compact, walkable downtowns that are a key ingredient to helping New York State rebuild its economy from the effects of the COVID-19 pandemic, as well as to achieving the State’s bold climate goals by promoting the use of public transit and reducing dependence on private vehicles. Through eight rounds, the DRI will have awarded a total of $900 million to 89 communities across every region of the State.

    About the NY Forward Program
    First announced as part of the FY22 Enacted Budget, Governor Hochul created the NY Forward program to build on the momentum created by the DRI. The program works in concert with the DRI to accelerate and expand the revitalization of smaller and rural downtowns throughout the State so that all communities can benefit from the State’s revitalization efforts, regardless of size, character, needs and challenges.

    NY Forward communities are supported by a professional planning consultant and team of State agency experts led by DOS to develop a Strategic Investment Plan that includes a slate of transformative, complementary and readily implementable projects. NY Forward projects are appropriately scaled to the size of each community; projects may include building renovation and redevelopment, new construction or creation of new or improved public spaces and other projects that enhance specific cultural and historical qualities that define and distinguish the small-town charm that defines these municipalities. Through three rounds, the NY Forward program will have awarded a total of $300 million to 60 communities across every region of the State.

    MIL OSI USA News

  • MIL-OSI: Diversified Energy Completes Maverick Acquisition

    Source: GlobeNewswire (MIL-OSI)

    BIRMINGHAM, Ala., March 14, 2025 (GLOBE NEWSWIRE) — Further to the announcements on January 27, 2025 and February 20, 2025, Diversified Energy Company PLC (LSE: DEC; NYSE: DEC) (“Diversified” or the “Company”), an independent energy company focused on natural gas and liquids production, transportation, marketing and well retirement, today announces the completion of its previously announced acquisition of Maverick Natural Resources (the “Acquisition”).

    Issue of shares

    In connection with the Acquisition and following the overwhelming approving by the shareholders of the Company at the general meeting on March 10, 2025, the Company has allotted and issued 21,194,213 new ordinary shares in the capital of the Company (the “Consideration Shares”). The Consideration Shares will be listed on the New York Stock Exchange and will rank pari passu in all respects with Diversified’s existing ordinary shares of £0.20 nominal value each.

    Applications have been made to (i) the Financial Conduct Authority (the “FCA”) for admission of the Consideration Shares to listing on the equity shares (commercial companies) category of the Official List; and (ii) London Stock Exchange plc for admission of the Consideration Shares to trading on its main market for listed securities (together, “Admission“). It is expected that Admission will occur at 8.00 a.m. (London time) on 17 March 2025.

    Governance and Leadership

    Following the closing of the Acquisition, Rick Gideon, Chief Executive Officer (CEO) of Maverick Natural Resources will become the Chief Operating Officer (COO) of the Company effective March 18th, 2025.

    Other than as set out above, there has been no material change affecting any matter relating to the Acquisition contained in the announcements released by Diversified on January 27, 2025 and February 20, 2025.

    Total voting rights

    For the purposes of the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, the total number of ordinary shares of £0.20 each in the capital of the Company in issue as at March 14, 2025 is 80,990,155 with each ordinary share carrying the right to one vote. There are no ordinary shares held in treasury and therefore the total number of voting rights as at in the Company as at March 14, 2025 is 80,990,155.

    The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.

    Citi served as financial and transaction advisor to Diversified. KeyBanc Capital Markets, Truist and Stifel served as additional advisors to Diversified. Gibson, Dunn & Crutcher LLP and Latham & Watkins (London) LLP served as legal advisor to Diversified on the Acquisition. Jefferies Securities served as financial advisor and Kirkland & Ellis LLP is serving as legal advisor to Maverick and EIG.

    For further information, please contact:

    Diversified Energy Company PLC +1 973 856 2757
    Doug Kris dkris@dgoc.com
    Senior Vice President, Investor Relations & Corporate Communications  
       
    FTI Consulting dec@fticonsulting.com
    U.S. & UK Financial Public Relations  
       

    About Diversified
    Diversified is a leading publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement. Through our unique differentiated strategy, we acquire existing, long-life assets and invest in them to improve environmental and operational performance until retiring those assets in a safe and environmentally secure manner. Recognized by ratings agencies and organizations for our sustainability leadership, this solutions-oriented, stewardship approach makes Diversified the Right Company at the Right Time to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value.

    Forward-Looking Statements

    This announcement contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). These forward-looking statements reflect the Company’s beliefs and expectations and are subject to risks and uncertainties. These risks and uncertainties may relate to factors that are beyond the Company’s ability to control or estimate precisely, including the risk factors described in the “Risk Factors” section in the Company’s Annual Report and Form 20-F for the year ended December 31, 2023 filed with the U.S. Securities and Exchange Commission (“SEC”) and the risk factors described in Exhibit 99.2 to the Company’s Form 6-K furnished with the SEC on January 27, 2025. Forward-looking statements speak only as of their date and neither the Company nor any of its directors, officers, employees, agents, affiliates or advisers expressly disclaim any obligation to supplement, amend, update or revise any of the forward-looking statements made herein, except where it would be required to do so under applicable law. As a result, you are cautioned not to place undue reliance on such forward-looking statements.

    The MIL Network

  • MIL-OSI Economics: Cardiac valve repair devices market to see significant growth in Middle East and Africa, says GlobalData

    Source: GlobalData

    Cardiac valve repair devices market to see significant growth in Middle East and Africa, says GlobalData

    Posted in Medical Devices

    Increased investments in healthcare infrastructure and advancements in medical research facilities are fostering the growth of cardiac valve repair devices in the Middle East and Africa (MEA). Additionally, the region’s aging population, improved life expectancy, and greater awareness among both patients and physicians about available treatment options contribute to the rising demand for those devices. Against this backdrop, the MEA cardiac valve repair devices market is expected to experience significant growth in the coming years, according to GlobalData, a leading data and analytics company.

    According to GlobalData’s latest models, mitral valve annuloplasty devices will see the strongest growth in the region, with a compound annual growth rate (CAGR) exceeding 8% from 2024 to 2034.

    Thomas Fleming, Medical Analyst at GlobalData, comments: “Valve repair is generally preferred over replacement for eligible patients due to its association with lower short-term and long-term mortality and morbidity rates. The growing prevalence of mitral valve regurgitation and valvular stenosis further supports the demand for repair devices. Additionally, the cost of valve repair devices and procedures is lower compared to alternative treatments, making them a viable option for healthcare providers and patients.”

    Fleming continues, “However, challenges exist with the popularity of transcatheter mitral valve repair (TMVR) and transcatheter aortic valve replacement (TAVR) devices. The increased adoption and availability of these devices could lead to disruptions.”

    Currently, Medtronic holds the highest market share in the MEA region for cardiac valve repair devices, followed by Edwards Lifesciences. As the market evolves, continued investments in research and innovation will be crucial in shaping the competitive landscape in the MEA.

    Fleming concludes: “South Africa mirrors the broader regional trends, standing among the highest healthcare investors in Africa. As the country’s aging population continues to grow, it is expected to see an increasing adoption of valve repair treatments.”

    MIL OSI Economics

  • MIL-OSI Economics: India automotive market to see positive growth over next 12 months, reveals GlobalData survey

    Source: GlobalData

    India automotive market to see positive growth over next 12 months, reveals GlobalData survey

    Posted in Automotive

    The automotive sector in India is poised for positive growth over the next year, driven by favourable government policies such as the FAME (Faster Adoption and Manufacturing of Electric and Hybrid Vehicles in India) II scheme, which has been in effect since April 2019 and encourages states to provide both fiscal and non-fiscal incentives to enhance the adoption of electric vehicles (EVs), according to a recent survey* conducted by GlobalData, a leading data and analytics company.

    Madhuchhanda Palit, Automotive Analyst at GlobalData, comments: “While the overall growth of the automotive sector is promising, regional dynamics greatly influence the trajectory of the market. Factors such as advancements in the service sector, the availability of job opportunities, industrialization, and state government initiatives play pivotal roles in shaping the growth of the sector across different regions. Consequently, the growth prospects of the Indian automotive industry present a mixed outlook at the state level, warranting careful consideration of localized factors and strategies for businesses operating in this sector.”

    A survey conducted across 31 major cities reveals that 24.7% are anticipated to experience highly positive growth, while 49.5% are expected to see moderate growth. Cities such as Mumbai, Hyderabad, and Pune are among those projected to thrive. Conversely, 7.5% of cities are expected to show flat growth, and 9.7% and 15.5% are forecasted to experience moderately declining and pessimistic growth, respectively, with Chandigarh being a notable example. Therefore, a comprehensive understanding of local market dynamics is crucial for automotive companies to navigate these divergent growth scenarios effectively.

    Palit adds: “In Bangalore, a mixed growth outlook has been observed across different areas. While the city overall shows positive growth prospects, challenges such as traffic congestion and the prevalence of ride-sharing services like Uber and Ola may deter consumers from pursuing car ownership, thereby impacting market demand. As automotive companies plan their strategies for the Bangalore market, they need to carefully consider these factors and innovate to ensure sustained market growth.

    Cities like Hyderabad and Mumbai are particularly well-positioned for automotive growth, thanks to robust developments in the service sector and job creation. Hyderabad has witnessed a surge in its job market, bolstered by government initiatives that promote start-ups and entrepreneurship. The government’s focus on enhancing the IT and ITES sectors has significantly contributed to job growth, while ongoing infrastructure improvements in roads, transportation, and power supply have made the city increasingly attractive for businesses and job seekers alike. This influx of workforce has, in turn, stimulated demand in the automotive market.”

    Palit concludes: “The Indian automotive market is set for a positive trajectory over the next 12 months, driven by supportive government policies and regional economic developments. While certain cities exhibit strong growth potential, others face challenges that may hinder their progress. Stakeholders in the automotive sector should remain vigilant and adaptable to these dynamics to capitalize on emerging opportunities in this evolving landscape. By leveraging insights from these trends, automotive players can better position themselves to thrive in a rapidly changing market environment.”

    *Survey was conducted between 1 May 2024 – 17 Feb 2025 with a total of 2,248 participants

    MIL OSI Economics

  • MIL-OSI Economics: China ophthalmic lasers market to grow at 4% CAGR through 2033, forecasts GlobalData

    Source: GlobalData

    China ophthalmic lasers market to grow at 4% CAGR through 2033, forecasts GlobalData

    Posted in Medical Devices

    The ophthalmic laser market in China is set for substantial growth, with a forecasted compound annual growth rate (CAGR) of approximately 4% through 2033. This growth is attributed to technological advancements in femtosecond and excimer lasers for refractive surgery, as well as a rising prevalence of eye diseases like myopia, reveals GlobalData, a leading data, and analytics company.

    GlobalData’s report, “Ophthalmic Lasers Market Size by Segments, Share, Regulatory, Reimbursement, Installed Base and Forecast to 2036,” reveals that in 2024, China accounted for around 25% of the Asia-Pacific (APAC) market, attributable to its swiftly expanding population affected by eye diseases such as myopia and substantial investments in advanced technology.

    The National Medical Products Administration (NMPA) in China has recently approved the VISUMAX 800 with SMILE Pro software from ZEISS, featuring the femtosecond laser technology, that generates lenticule in under 10 seconds with an accelerated laser pulse repetition rate of 2 MHz. This advanced technology promises faster procedures, potentially leading to reduced recovery times and improved visual outcomes compared to traditional refractive surgery.

    Shamreen Parween, Medical Devices Analyst at GlobalData, comments: “Traditional ophthalmic laser procedures have certain limitations, including a higher risk of complications, longer recovery times, and less predictable results. However, the advent of advanced laser techniques, coupled with hospital modernization, and increased R&D investment, is contributing to the increased accessibility and demand for advanced ophthalmic care.”

    The ZEISS VISUMAX 800 further offers a smart, computer-assisted cyclotorsion and centration aid, providing enhanced precision and control during the procedures. Utilizing advanced technology, and shorter treatment durations, this system represents a significant leap forward in ophthalmic laser surgery.

    Parween concludes: “The future of laser-based refractive surgery appears promising due to the advancements in personalized treatments, minimally invasive procedures, artificial intelligence integration, and enhanced accessibility. These developments are poised to improve precision, safety, and patient outcomes on a global scale. Consequently, this sector may garner increased investment from both the domestic and international stakeholders.”

    MIL OSI Economics

  • MIL-OSI Asia-Pac: HK holds int’l trade law forum

    Source: Hong Kong Information Services

    The Conference on Climate Change & International Trade Law was held in hybrid format in Hong Kong today, attracting about 600 registrations from jurisdictions in the Asia-Pacific, Middle East, Latin America, Europe and Africa.

    Jointly organised by the UN Commission on International Trade Law (UNCITRAL) and the Hong Kong International Legal Talents Training Academy of the Department of Justice, the conference discussed how international trade law can effectively support the achievement of climate action goals set by the international community.

    Secretary for Justice Paul Lam, UNCITRAL Secretary Anna Joubin-Bret and Deputy Director General, Department of Treaty & Law of the Ministry of Commerce Tian Ya gave opening remarks, while Deputy Secretary for Justice Cheung Kwok-kwan delivered closing remarks.

    International Law Commission Member Ma Xinmin gave a keynote address, with prominent speakers from around the world joining the panel discussions.

    Noting that various local climate change initiatives have demonstrated Hong Kong’s status as an international financial centre as well as a green and sustainable finance hub, Mr Lam said the wide spectrum of issues discussed at the conference illustrates how international trade law can effectively support the climate action goals set by the global community.

    ​The International Legal Talents Training Academy will continue to work with UNCITRAL in different areas and is planning to co-organise the 6th UNCITRAL Asia Pacific Judicial Summit in Hong Kong later this year.

    MIL OSI Asia Pacific News

  • MIL-OSI: SAIC Board of Directors Declares Cash Dividend

    Source: GlobeNewswire (MIL-OSI)

    RESTON, Va., March 14, 2025 (GLOBE NEWSWIRE) — Science Applications International Corp. (NASDAQ: SAIC) announced today that the company’s board of directors declared a cash dividend of $0.37 per share of the company’s common stock payable on April 25, 2025 to stockholders of record on April 11, 2025.

    SAIC intends to continue paying dividends on a quarterly basis, although the declaration of any future dividends will be determined by the board of directors each quarter and will depend on earnings, financial condition, capital requirements and other factors.

    About SAIC

    SAIC is a premier Fortune 500® technology integrator focused on advancing the power of technology and innovation to serve and protect our world. Our robust portfolio of offerings across the defense, space, civilian and intelligence markets includes secure high-end solutions in mission IT, enterprise IT, engineering services and professional services. We integrate emerging technology, rapidly and securely, into mission critical operations that modernize and enable critical national imperatives.

    We are approximately 24,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $7.4 billion.​​​​ For more information, visit saic.com. For ongoing news, please visit our newsroom.

    Forward-Looking Statements

    Certain statements in this release contain or are based on “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “guidance,” and similar words or phrases. Forward-looking statements in this release may include, among others, estimates of future revenues, operating income, earnings, earnings per share, charges, total contract value, backlog, outstanding shares and cash flows, as well as statements about future dividends, share repurchases and other capital deployment plans. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Legal Proceedings” sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the SEC, which may be viewed or obtained through the Investor Relations section of our website at saic.com or on the SEC’s website at sec.gov. Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC’s expectations.

    SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.

    Media Contact:

    Kara Ross

    publicrelations@saic.com

    The MIL Network

  • MIL-OSI: BYDFi Announces Contract Copy Trading Leader Program — Up to 30% Profit Share for Top Traders

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, March 14, 2025 (GLOBE NEWSWIRE) — BYDFi, a leading global crypto platform, continues to enhance its Contract copy trading feature to meet the diverse needs of users worldwide. The platform has now launched its Copy Trading Leader Participation Program, where successful traders can create “Initiate Trade” and share them with others, earning up to 30% in revenue sharing. Traders can also access multiple rewards, including traffic support and exclusive benefits, helping them expand their influence.

    Beyond profit sharing, the trader program is a win-win collaboration

    BYDFi offers a 30% profit share as its top-tier partnership for high-quality traders, KOLs, and other professionals worldwide, significantly surpassing the industry average. This is not just about profit distribution but reflects BYDFi’s strategic vision to build a win-win ecosystem for cryptocurrency trading.

    For traders, BYDFi systematically eliminates traditional pain points, making the platform more efficient and rewarding.

    Problems Other Platforms’ Status BYDFi’s Solution
    Profit-sharing Ratio Average 10% – 20%, Up to 30%, industry-leading standards
    Capital Withdrawal Weekly payouts, withdrawal issues Daily auto-calculation, instant withdrawal
    Support for Leaders No exclusive entry, lacks management tools One-on-one guidance + Data backend + Sales materials fully provided
    User Retention Issues The process is complicated, leading to user drop-off One-click sync + auto updates + system tracking
    Growth Challenges Limited influence, hard to expand Official certification, social media support, external reward mechanism
     

    This means that BYDFi aims to grow together with traders, rather than engaging in one-time, fragmented collaborations.

    For future traders, what can BYDFi offer?

    Value Content
    Sustainable Profit Up to 30% profit share, each trade brings consistent revenue, growing assets
    Brand Building Official certification of Leaders, social media support, industry leadership
    Traffic Growth Support Focused promotion of quality traders to boost personal influence
    Tool Support Professional tools and copy trading systems, transparent revenue tracking
     

    BYDFi traders are not just passively “bringing users to the platform” but are truly entering the upper tiers of the trading industry, gaining control over their own income growth.

    An era for top traders has begun.

    BYDFi co-founder Michael stated:

    “Collaborations between top traders, KOLs, and platform features are becoming a key driving force in boosting market activity and increasing user trading. The BYDFi trader recruitment program is designed to push this group to the core of the industry, allowing them to earn the rewards, influence, and value they truly deserve.”

    How to join the BYDFi trader recruitment program?

    • Visit the BYDFi official website and access the copy trading feature page.
    • Fill out and submit the application form. The platform will review the trader’s information.
    • Once approved, you will receive a unique trader link to start sharing trading signals.
    • View real-time copy trading data and earn profit shares from each trade.

    Here is a detailed operation guide. If you have any questions, you can contact customer support.

    About BYDFi

    Founded in 2020, BYDFi is a Forbes-certified global top 10 crypto exchange, trusted by over 1,000,000 users worldwide. The upcoming 5th Anniversary Celebration invites global users to join in and receive exclusive valuable rewards. BYDFi is committed to providing users with a world-class crypto trading experience. BUILD Your Dream Finance.

    Official website: https://www.bydfi.com

    Online customer service:CS@bydfi.com

    Business cooperation: BD@bydfi.com

    Media contact: media@bydfi.com

    Twitter( X )| LinkedIn| Facebook | Telegram| YouTube

    The MIL Network

  • MIL-OSI: Innovator ETFs® Launches the Innovator Equity Premium Income – Daily PutWrite ETF (SPUT)

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, March 14, 2025 (GLOBE NEWSWIRE) — Innovator Capital Management, LLC (Innovator), pioneer and provider of the first and largest lineup of Defined Outcome ETFs™, today announced the launch of the Innovator Equity Premium Income – Daily PutWrite ETF (SPUT).

    The majority of today’s option-income ETFs are covered call strategies that primarily seek to sell volatility to generate income. SPUT differentiates itself by selling puts instead of calls, which typically generates higher premiums than comparable call options and doesn’t cap the upside of the portfolio’s equity allocation. With the potential to generate both income and growth, SPUT is positioned to be a compelling alternative or complement to derivative income strategies.

    “We regularly hear from clients who are looking for new ways to generate income in their portfolios, especially after the disappointing bond returns of recent years,” said Graham Day, CIO at Innovator ETFs. “While the income from put-writing is compelling, we think the potentially low correlation to the bond market is another feature that will have strong appeal to investors.”

    Rather than selling puts at the same strike price each day, the strategy dynamically adjusts the strike to account for changes in market conditions and to maintain a relatively low probability of the position incurring a loss.

    The strategy underpinning SPUT has predominantly been available only to institutional and high-net-worth investors. Innovator is now making it more widely available through the efficiency and of the ETF wrapper.

    In addition to option premium, Innovator expects the fund to also generate income from stock dividends and U.S. T-Bills, to be distributed to shareholders on a monthly basis.

    About Innovator Capital Management, LLC

    Innovator was established in 2017 by Bruce Bond and John Southard, founders of the PowerShares ETF lineup that has grown to be the fourth largest in the world. The listing of three Innovator Buffer ETFs™ in August 2018 marked the launch of the world’s first Defined Outcome ETFs™. Innovator is dedicated to providing ETFs with built-in risk management that offer investors a high level of predictability around their investment outcomes. Today, with more than 140 ETFs and $23 billion in AUM, Innovator is the industry’s leading provider of Defined Outcome ETFs™.

    Media Contact
    Frank Taylor / Stephanie Dressler
    innovator@dlpr.com
    (646) 808-3647

    The Fund seeks to provide current income while providing the potential for capital appreciation. The Fund’s income is expected to be received primarily from its purchases of Equity-Linked Notes (ELNs) that implement a put-write option strategy. The ELNs provide the Fund with monthly distributions comprised of premiums generated from selling single-day expiration, out of the money put option contracts on the S&P 500 Price Return Index (SPX) that provides exposure to approximately 100% of the Fund’s assets. The Fund also expects to receive income generated by its investments in U.S. Treasuries and dividends, if any, from its investments equity securities primarily comprising components of the Solactive GBS United States 500 Index (U.S. Equity Index). The Fund’s investments in equity securities also seek to provide the potential for capital appreciation.

    The Fund will also be subject to the downside performance of the U.S. Equity Index and SPX through its respective holdings in equity securities and ELNs. The Fund’s monthly income payments to investors may not be sufficient to offset any such losses on a total return basis. There can be no guarantee that the Fund will be successful in its objective to provide current income while maintaining the potential for capital appreciation.

    Equity-Linked Notes Risk. Investing in ELNs may be more costly to the Fund than if the Fund had invested in the underlying instruments directly. Investments in ELNs often have risks similar to the underlying instruments, which include market risk. In addition, since ELNs are in note form, ELNs are subject to risks of debt securities, such as credit and counterparty risk, including the risk that issuers and/or counterparties will fail to make payments when due or default completely. Should the prices of the underlying instruments move in an unexpected manner, the Fund may not achieve the anticipated benefits of an investment in an ELN, and may realize losses, which could be significant and could include the Fund’s entire principal investment. However, the Fund’s exposure to losses in its investments in the ELNs is limited to its principal investment in such ELNs. Investments in ELNs are also subject to liquidity risk, which may make ELNs difficult to sell and value. A lack of liquidity may also cause the value of the ELN to decline. In addition, ELNs may exhibit price behavior that does not correlate with the underlying securities.

    Put-Write Risk. Put option contracts may be subject to volatile swings in price influenced by the underlying reference asset. Although the Fund receives premiums on the put option contracts written by the ELN, the losses experienced by the Fund if the level of SPX falls below the strike price may outweigh Fund gains from the receipt of the option premiums. With respect to the Fund’s investment in ELNs, the Fund’s returns are limited to the amount of option premiums it receives. Additionally, market conditions may negatively impact the amount of premiums received from selling put-write option contracts or impact the selected strike price of the option contracts, subjecting the Fund to more risk of loss.

    Put-Write Index. The ELNs will follow the Put-Write Index. The Put-Write Index sells one-day maturity put option contracts on SPX on a daily basis that generally seeks to provide income through premiums received. The Put-Write Index subjects the ELNs, and therefore the Fund, to the risk of loss associated with price decreases of SPX below the strike price. If the Put- Write Index experiences any losses based off the price movements of SPX, as a result of the 100% notional value utilized by the Put-Write Index, the losses incurred by the ELNs the Fund invests in will be greater than those experienced by SPX.

    While the Put-Write Index seeks to minimize the risk associated with the written put option contracts, the Put-Write Index and ELNs subject the Fund to risk of loss, including the risk that the Fund may lose the entirety of its principal amount invested in an ELN.

    Investing involves risk. Principal loss is possible. Innovator ETFs are distributed by Foreside Fund Services, LLC.

    The Fund’s investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus and summary prospectus contain this and other important information, and it may be obtained at innovatoretfs.com. Read it carefully before investing.

    The following marks: Accelerated ETFs®, Accelerated Plus ETF®, Accelerated Return ETFs®, Barrier ETF™, Buffer ETF™, Defined Income ETF™, Defined Outcome Bond ETF®, Defined Outcome ETFs™, Defined Protection ETF™, Define Your Future®, Enhanced ETF™, Floor ETF®, Innovator ETFs®, Leading the Defined Outcome ETF Revolution™, Managed Buffer ETFs®, Managed Outcome ETFs®, Stacker ETF™, Step-Up™, Step-Up ETFs®, Target Protection ETF™, 100% Buffer ETFs™ and all related names, logos, product and service names, designs, and slogans are the trademarks of Innovator, its affiliates or licensors. Use of these terms is strictly prohibited without proper written authorization.

    Copyright © 2025 Innovator Capital Management, LLC. All rights reserved.

    The MIL Network

  • MIL-OSI: ARRAY Technologies, Inc. to Participate in the 37th Annual ROTH Conference

    Source: GlobeNewswire (MIL-OSI)

    ALBUQUERQUE, N.M., March 14, 2025 (GLOBE NEWSWIRE) — ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a global leader in utility-scale solar tracking, today announced that the Company will participate in the 37th Annual ROTH Conference in Dana Point, CA on March 17, 2025.

    President and Chief Operating Officer, Neil Manning and Chief Financial Officer, H. Keith Jennings, will be available for one-on-one meetings on Monday, March 17, 2025. If you would like to schedule a meeting with management, please contact our Investor Relations team.

    The Company will post a presentation with its key messages for the conference on their Investor Relations Page on Monday March 17, 2025.

    About ARRAY Technologies, Inc.

    ARRAY Technologies (NASDAQ: ARRY) is a leading global renewable energy company and provider of solar tracking technology to utility-scale and distributed generation customers, who construct, develop, and operate solar PV sites. With solutions engineered to withstand the harshest conditions on the planet, ARRAY’s high-quality solar trackers, software platforms and field services combine to maximize energy production and deliver value to our customers for the entire lifecycle of a project. Founded and headquartered in the United States, ARRAY is rooted in manufacturing and driven by technology—relying on its domestic manufacturing, diversified global supply chain and customer-centric approach to design, deliver, commission, train and support solar energy deployment around the world. For more news and information on ARRAY, please visit arraytechinc.com.

    Investor Relations Contact:         

    ARRAY Technologies, Inc.
    Investor Relations
    505-437-0010
    investors@arraytechinc.com

    The MIL Network

  • MIL-OSI: Helport AI Announces CFO Transition

    Source: GlobeNewswire (MIL-OSI)

    Company Names 25-Year+ Seasoned Financial Executive, Amy Fong, as Interim Chief Financial Officer

    SINGAPORE and SAN DIEGO, March 14, 2025 (GLOBE NEWSWIRE) — Helport AI Limited (NASDAQ: HPAI) (“Helport AI” or the “Company”), an AI technology company serving enterprise clients with intelligent customer communication software, services, and solutions, today announced that Mr. Tao Ke is no longer serving as Chief Financial Officer (“CFO”) of the Company, effective March 12, 2025. The Company has appointed Amy Fong, President and Director of Helport AI, as interim CFO, effective immediately.

    “We take this opportunity to thank Tao for his contributions in assisting Helport AI in its transition into a public company this past year and wish him the best in his future endeavors,” said Guanghai Li, Chief Executive Officer of Helport AI. “We believe that Amy’s extensive financial and operational leadership experience, coupled with her deep understanding of capital markets, makes her well-positioned to oversee our finance functions, as we search for a permanent replacement for this role.”

    Ms. Fong, who was appointed President and Director of Helport AI in January 2025, brings over 25 years of experience as a seasoned professional across multiple industries, including banking, private equity, management consulting, and the not-for-profit sector. Prior to joining Helport AI, she was the Chief Operating Officer and later Managing Director of Sustainability and Strategic Initiatives at FountainVest Partners (Asia) since 2019, before transitioning to the role of Senior Advisor in 2024. She previously served as the Chief Executive Officer of Save the Children Hong Kong, a non-governmental organization, and spent two decades in financial services with JP Morgan, Credit Suisse, and Merrill Lynch in both the U.S. and Asia. She holds an MBA degree in Finance from Columbia Business School and a BSBA degree in Accounting and International Finance from Georgetown University.

    “I look forward to working closely with our talented teams and supporting the identification of a suitable candidate to serve as our permanent Chief Financial Officer,” said Amy Fong. “We believe that Helport AI is at an exciting inflection point, and we remain focused on accelerating growth and delivering value to our customers and shareholders.”

    About Helport AI

    Helport AI (NASDAQ: HPAI) is an AI technology company dedicated to optimizing customer communication through its digital platform and intelligent software solutions. Offering enterprise-level customer contact services, Helport AI’s mission is to empower everyone to work as an expert. Learn more at www.helport.ai.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements, including, but not limited to, Helport AI’s business plan and outlook. These forward-looking statements involve known and unknown risks and uncertainties and are based on Helport AI’s current expectations and projections about future events that Helport AI believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. Helport AI undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although Helport AI believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and Helport AI cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in Helport AI’s registration statement and other filings with the U.S. Securities and Exchange Commission.

    Helport AI Investor Relations:
    Website: https://ir.helport.ai/
    Email: ir@helport.ai

    External Investor Relations Contact:
    Chris Tyson 
    Executive Vice President
    MZ North America
    Direct: 949-491-8235
    HPAI@mzgroup.us
    www.mzgroup.us

    The MIL Network

  • MIL-OSI: Life Science Virtual Investor Forum: Presentations Now Available for Online Viewing

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 14, 2025 (GLOBE NEWSWIRE) — Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Life Science Virtual Investor Forum, held March 13th are now available for online viewing.

    REGISTER NOW AT: https://bit.ly/3DIWqav

    The company presentations will be available 24/7 for 90 days. Investors, advisors, and analysts may download investor materials from the company’s resource section.

    Select companies are accepting 1×1 management meeting requests through March 18th.

    To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com.

    March 13th


    About Virtual Investor Conferences
    ®

    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    Media Contact: 
    OTC Markets Group Inc. +1 (212) 896-4428, media@otcmarkets.com

    Virtual Investor Conferences Contact:
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    The MIL Network

  • MIL-OSI: Brag House to Ring the Closing Bell at Nasdaq MarketSite, Celebrating Innovation in College Sports and Community Engagement

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 14, 2025 (GLOBE NEWSWIRE) — Brag House Holdings, Inc. (“Brag House” or the “Company”), a premier media technology platform designed for casual college gamers and brands seeking to connect with the Gen Z demographic, today announced that Lavell Juan, co-founder and CEO, and Daniel Leibovich, co-founder and COO, will ring the Nasdaq closing bell on Monday, March 17, 2025, at the Nasdaq MarketSite in Times Square, NYC. This comes following a successful initial public offering of common stock at $4 per share.

    “We are extremely excited and honored to ring the closing bell to commemorate our recent initial public offering on Nasdaq. The listing is a testament to the growing impact of collegial sports and communities and Brag House’s role in shaping its future,” said Lavell Juan, co-founder and CEO of Brag House. “At Brag House, we are dedicated to creating an inclusive, competitive, and engaging space where students, fans, and gamers can come together in new and exciting ways.”

    “We appreciate the support of all our brand partners, users and stakeholders, and look forward to what we can accomplish together,” said Daniel Leibovich, co-founder and COO of Brag House.

    The Nasdaq closing bell ceremony will be broadcast live at 3:50 p.m. Eastern Time from the Nasdaq MarketSite Tower in New York City, New York. To view the broadcast, please visit: https://www.nasdaq.com/marketsite/bell-ringing-ceremony

    About Brag House
    Brag House is a leading media technology gaming platform dedicated to transforming casual college gaming into a vibrant, community-driven experience. By seamlessly merging gaming, social interaction, and cutting-edge technology, the Company provides an inclusive and engaging environment for casual gamers while enabling brands to authentically connect with the influential Gen Z demographic. The platform offers live-streaming capabilities, gamification features, and custom tournament services, fostering meaningful engagement between users and brands. For more information, please visit www.braghouse.com.

    Forward-Looking Statements
    Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company’s proposed Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “estimate,” “intend,” “plan,” “believe,” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent events or circumstances, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure investors that such expectations will turn out to be correct, and the Company cautions that actual results may differ materially from anticipated results. Additional factors are discussed in the Company’s registration statement and other filings with the SEC, available for review at www.sec.gov.

    Media Contact:
    Dan Walsh
    dan@mustardpr.com
    +44 (0) 7827 816 971

    Investor Relations Contact:
    Adele Carey
    VP, Investor Relations
    ir@thebraghouse.com

    The MIL Network

  • MIL-OSI: Correction to Aktia Bank Plc’s Annual Review 2024

    Source: GlobeNewswire (MIL-OSI)

    Aktia Bank Plc
    Stock Exchange Release
    14 March 2025 at 2.45 p.m.

    Correction to Aktia Bank Plc’s Annual Review 2024

    Aktia Bank Plc’s Annual Review 2024, published on 13 March 2025 as part of Aktia’s Annual Report 2024, contains incorrect information about the launch of some funds in 2024. On page 15, which describes the Asset Management business area, the first paragraph under the subheading ‘We continued our determined efforts to develop our award-winning fund selection’ has been corrected.

    Below the corrected paragraph in full.

    In 2024, we moved Aktia Emerging Market Corporate Bond+ under the Article 8 classification and prepared for launching a dark green fund in accordance with Article 9, which, in its investment process, uses sustainability criteria and the megatrends that support these criteria. We clarified our short-term fixed income fund offering by merging the funds Aktia Stable Yield and Aktia Short-Term Corporate Bond+, and focused on launching a European equity fund, which invests in European small and medium-sized enterprises. For our institutional and Private Banking customers, we launched the Aktia Velkarahastot II fund in cooperation with Oaktree Capital Management. The fund invests in private equity investment funds investing in unlisted opportunistic debt. During the year, we also issued four structured products.

    The corrected Annual Review is attached to this release.

    Aktia Bank Plc

    Further information:
    Oscar Taimitarha, Director, Investor Relations, tel. +358 40 562 2315, ir (at) aktia.fi

    Distribution:
    Nasdaq Helsinki Ltd
    Mass media
    www.aktia.com

    Aktia is a Finnish asset manager, bank and life insurer that has been creating wealth and wellbeing from one generation to the next for 200 years. We serve our customers in digital channels everywhere and face-to-face in our offices in the Helsinki, Turku, Tampere, Vaasa and Oulu regions. Our award-winning asset management business sells investment funds internationally. We employ approximately 850 people around Finland. Aktia’s assets under management (AuM) on 31 December 2024 amounted to EUR 14.0 billion, and the balance sheet total was EUR 11.9 billion. Aktia’s shares are listed on Nasdaq Helsinki Ltd (AKTIA). aktia.com.

    Attachment

    The MIL Network