Category: GlobeNewswire

  • MIL-OSI: Sydbank A/S share buyback programme: transactions in week 27

    Source: GlobeNewswire (MIL-OSI)

    Company Announcement No 30/2025

    Peberlyk 4
    6200 Aabenraa
    Denmark

    Tel +45 74 37 37 37
    Fax +45 74 37 35 36

    Sydbank A/S
    CVR No DK 12626509, Aabenraa
    sydbank.dk

    7 July 2025  

    Dear Sirs

    Sydbank A/S share buyback programme: transactions in week 27
    On 26 February 2025 Sydbank A/S announced a share buyback programme of DKK 1,350m. The share buyback programme commenced on 3 March 2025 and will be completed by 31 January 2026.

    The purpose of the share buyback programme is to reduce the share capital of Sydbank A/S and the programme is executed in compliance with the provisions of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, collectively referred to as the Safe Harbour rules.

    The following transactions have been made under the share buyback programme:

      Number of shares VWAP Gross value (DKK)
    Accumulated, most recent
    Announcement

    1,149,000

     

    487,371,500.00

    30 June 2025
    01 July 2025
    02 July 2025
    03 July 2025
    04 July 2025
    6,000
    8,000
    9,000
    8,000
    8,000
    469.37
    466.63
    469.00
    472.46
    474.39
    2,816,220.00
    3,733,040.00
    4,221,000.00
    3,779,680.00
    3,795,120.00
    Total over week 27 39,000   18,345,060.00
    Total accumulated during the
    share buyback programme

    1,188,000

     

    505,716,560.00

    All transactions were made under ISIN DK 0010311471 and effected by Danske Bank A/S on behalf of Sydbank A/S.

    Further information about the transactions, cf Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse and Commission delegated regulation, is available in the attachment.

    Following the above transactions, Sydbank A/S holds a total of 1,188,432 own shares, equal to 2.32% of the Bank’s share capital.

    Yours sincerely
            
    Mark Luscombe        Jørn Adam Møller
    CEO        Deputy Group Chief Executive

    Attachment

    The MIL Network

  • MIL-OSI: Little Pepe Sets the Pace for Ethereum Meme Coins with $4 Million Presale Surge

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, July 07, 2025 (GLOBE NEWSWIRE) — Ethereum’s meme coin spotlight is rapidly shifting to LILPEPE, as the project captures growing attention with its presale surpassing $4 million. Positioned as the next major player in the meme coin space, LILPEPE blends iconic internet culture with a purpose-built Layer 2 blockchain, offering a fast, low-cost, and scalable alternative within Ethereum’s ecosystem. As community interest surges and presale momentum builds, Little Pepe is no longer just a meme—it’s emerging as a cultural and technological force in crypto.

    Little Pepe — A New Meme Project on Ethereum

    Memes have always been a driving force in crypto, but the narrative is shifting. No longer just a joke or trend, meme tokens like $LILPEPE are becoming cultural assets with real staying power. Unlike past cycles dominated by speculative plays, Little Pepe brings personality, purpose, and a growing user base rooted in Ethereum’s evolving meme coin ecosystem.

    $LILPEPE isn’t trying to copy other meme projects—it’s creating its own path. With Pepe symbolism at the center and a distinct Layer 2 blockchain underneath, the project merges iconic internet energy with next-gen crypto technology. This combination is turning heads and winning over both meme lovers and serious crypto observers.

    Built for Speed, Styled for Memes

    What gives $LILPEPE an edge in a sea of meme tokens is its underlying Layer 2 EVM-compatible chain—a network designed to support fast, low-cost transactions without leaving Ethereum’s orbit. This isn’t just for show. The infrastructure gives Little Pepe the ability to grow beyond virality and into something users can actually engage with day-to-day.

    The project doesn’t just wear meme culture like a costume—it’s built with it in mind. Little Pepe is positioning itself as a digital nation for meme-driven crypto users: a space that’s fast, cheap, community-first, and easy to enter. Ethereum has needed a meme coin with real backbone—and Little Pepe delivers.

    $LILPEPE Presale — Momentum Driven by Organic Buzz

    With over $4 million raised and thousands of $LILPEPE holders already onboard, $LILPEPE’s presale isn’t being pushed by overhyped influencers or forced marketing—it’s being driven by buzz that’s growing organically across X (Twitter), Telegram, and other social platforms.

    Currently in Stage 4, the token is priced at $0.0013 and can be purchased only through the official site: littlepepe.com. Interest continues to surge as each stage fills faster than the last, reflecting a rising tide of support from meme investors, Ethereum users, and early crypto adopters.

    Turning Meme Culture into a Crypto Force

    In 2025, meme coins are no longer a side story—they’re the main event. Projects like $LILPEPE are redefining what it means to be a meme coin in the post-DOGE era. It’s not about being the next Dogecoin—it’s about being the first Little Pepe.

    With cultural relevance, blockchain credibility, and presale success already under its belt, $LILPEPE is emerging as a meme coin that actually belongs in Ethereum’s core.

    About Little Pepe

    Little Pepe is a next-gen Layer 2 blockchain designed to merge meme culture with high-speed, low-cost decentralized infrastructure. Built for scalability, security, and accessibility, Little Pepe supports EVM-compatible applications and is powered by means of the $LILPEPE token. The project’s mission is to create a meme coin environment wherein utility meets virality, empowering users through cutting-edge technology and lightning-fast transactions.

    For more information:
    Website: https://littlepepe.com/
    Telegram: https://t.me/littlepepetoken
    Twitter: https://x.com/littlepepetoken

    Contact Details:
    COO- James Stephen
    media@littlepepe.com

    Disclaimer: This content is provided by Little Pepe. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    The MIL Network

  • MIL-OSI: Little Pepe Sets the Pace for Ethereum Meme Coins with $4 Million Presale Surge

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, July 07, 2025 (GLOBE NEWSWIRE) — Ethereum’s meme coin spotlight is rapidly shifting to LILPEPE, as the project captures growing attention with its presale surpassing $4 million. Positioned as the next major player in the meme coin space, LILPEPE blends iconic internet culture with a purpose-built Layer 2 blockchain, offering a fast, low-cost, and scalable alternative within Ethereum’s ecosystem. As community interest surges and presale momentum builds, Little Pepe is no longer just a meme—it’s emerging as a cultural and technological force in crypto.

    Little Pepe — A New Meme Project on Ethereum

    Memes have always been a driving force in crypto, but the narrative is shifting. No longer just a joke or trend, meme tokens like $LILPEPE are becoming cultural assets with real staying power. Unlike past cycles dominated by speculative plays, Little Pepe brings personality, purpose, and a growing user base rooted in Ethereum’s evolving meme coin ecosystem.

    $LILPEPE isn’t trying to copy other meme projects—it’s creating its own path. With Pepe symbolism at the center and a distinct Layer 2 blockchain underneath, the project merges iconic internet energy with next-gen crypto technology. This combination is turning heads and winning over both meme lovers and serious crypto observers.

    Built for Speed, Styled for Memes

    What gives $LILPEPE an edge in a sea of meme tokens is its underlying Layer 2 EVM-compatible chain—a network designed to support fast, low-cost transactions without leaving Ethereum’s orbit. This isn’t just for show. The infrastructure gives Little Pepe the ability to grow beyond virality and into something users can actually engage with day-to-day.

    The project doesn’t just wear meme culture like a costume—it’s built with it in mind. Little Pepe is positioning itself as a digital nation for meme-driven crypto users: a space that’s fast, cheap, community-first, and easy to enter. Ethereum has needed a meme coin with real backbone—and Little Pepe delivers.

    $LILPEPE Presale — Momentum Driven by Organic Buzz

    With over $4 million raised and thousands of $LILPEPE holders already onboard, $LILPEPE’s presale isn’t being pushed by overhyped influencers or forced marketing—it’s being driven by buzz that’s growing organically across X (Twitter), Telegram, and other social platforms.

    Currently in Stage 4, the token is priced at $0.0013 and can be purchased only through the official site: littlepepe.com. Interest continues to surge as each stage fills faster than the last, reflecting a rising tide of support from meme investors, Ethereum users, and early crypto adopters.

    Turning Meme Culture into a Crypto Force

    In 2025, meme coins are no longer a side story—they’re the main event. Projects like $LILPEPE are redefining what it means to be a meme coin in the post-DOGE era. It’s not about being the next Dogecoin—it’s about being the first Little Pepe.

    With cultural relevance, blockchain credibility, and presale success already under its belt, $LILPEPE is emerging as a meme coin that actually belongs in Ethereum’s core.

    About Little Pepe

    Little Pepe is a next-gen Layer 2 blockchain designed to merge meme culture with high-speed, low-cost decentralized infrastructure. Built for scalability, security, and accessibility, Little Pepe supports EVM-compatible applications and is powered by means of the $LILPEPE token. The project’s mission is to create a meme coin environment wherein utility meets virality, empowering users through cutting-edge technology and lightning-fast transactions.

    For more information:
    Website: https://littlepepe.com/
    Telegram: https://t.me/littlepepetoken
    Twitter: https://x.com/littlepepetoken

    Contact Details:
    COO- James Stephen
    media@littlepepe.com

    Disclaimer: This content is provided by Little Pepe. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    The MIL Network

  • MIL-OSI: Columbus – Weekly report on share buyback

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 9/2025

    Transactions in the period 30 June 2025 to 4 July 2025
    On 30 June 2025, Columbus A/S announced a share buyback programme under which the company will repurchase shares for up to DKK 16m during the period from 30 June 2025 to 11 March 2026, both dates included, as outlined in company
    announcement no. 8/2025.

    The share buyback programme is executed in accordance with Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour Regulations.

    The following transactions were made under the share buyback programme in the period 30 June 2025 to 4 July 2025:

      Number of shares Average purchase price (DKK) Transaction value (DKK)
    Accumulated, last announcement
    30 June 2025 12,000 9.93 119,184.00
    1 July 2025 12,000 9.91 118,948.80
    2 July 2025 12,000 10.57 126,861.60
    3 July 2015 12,000 10.78 129,336.00
    4 July 2025 12,000 10.80 129,600.00
    Total, 30 June 2025 to 4 July 2025 60,000 10.40 623,930.40
    Total accumulated under the programme 60,000 10.40 623,930.40

    With the transactions stated above, Columbus A/S holds a total of 60,000 own shares, corresponding to 0.05% of the Company’s share capital.

    Ib Kunøe                        Søren Krogh Knudsen
    Chairman of the Board                CEO & President

    For further information, please contact:
    CEO & President, Søren Krogh Knudsen, +45 70 20 50 00

    Attachments

    The MIL Network

  • MIL-OSI: Danske Bank share buy-back programme: transactions in week 27

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 32 2025

    Danske Bank

    Bernstorffsgade 40

    DK-1577 København V

    Tel. + 45 33 44 00 00

    07 July 2025

    Page 1 of 1

    Danske Bank share buy-back programme: transactions in week 27

    On 7 February 2025, Danske Bank A/S announced a share buy-back programme for a total of DKK 5 billion, with a maximum of 45,000,000 shares, in the period from 10 February 2025 to 30 January 2026, at the latest, as described in company announcement no. 6 2025.

    The Programme is carried out in accordance with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and Council of 16 April 2014 (the “Market Abuse Regulation”) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (together with the Market Abuse Regulation, the “Safe Harbour Rules”).

    The following transactions on Nasdaq Copenhagen A/S were made under the share buy-back programme in week 27:

      Number of shares VWAP DKK Gross value DKK
    Accumulated, last announcement 7,767,490 232.3095 1,804,461,787
    30 June 2025 50,000 257.8734 12,893,670
    01 July 2025 45,861 256.1282 11,746,295
    02 July 2025 75,000 257.5588 19,316,910
    03 July 2025 89,779 258.8913 23,243,002
    04 July 2025 11,650 258.3993 3,010,352
    Total accumulated over week 27 272,290 257.8509 70,210,229
    Total accumulated during the share buyback programme 8,039,780 233.1745 1,874,672,016

    With the transactions stated above, the total accumulated number of own shares under the share buy-back programme corresponds to 0.963% of Danske Bank A/S’ share capital.

    Danske Bank

    Contact: Claus Ingar Jensen, Head of Group Investor Relations, tel. +45 25 42 43 70

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

    Attachment

    The MIL Network

  • MIL-OSI: Danske Bank share buy-back programme: transactions in week 27

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 32 2025

    Danske Bank

    Bernstorffsgade 40

    DK-1577 København V

    Tel. + 45 33 44 00 00

    07 July 2025

    Page 1 of 1

    Danske Bank share buy-back programme: transactions in week 27

    On 7 February 2025, Danske Bank A/S announced a share buy-back programme for a total of DKK 5 billion, with a maximum of 45,000,000 shares, in the period from 10 February 2025 to 30 January 2026, at the latest, as described in company announcement no. 6 2025.

    The Programme is carried out in accordance with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and Council of 16 April 2014 (the “Market Abuse Regulation”) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (together with the Market Abuse Regulation, the “Safe Harbour Rules”).

    The following transactions on Nasdaq Copenhagen A/S were made under the share buy-back programme in week 27:

      Number of shares VWAP DKK Gross value DKK
    Accumulated, last announcement 7,767,490 232.3095 1,804,461,787
    30 June 2025 50,000 257.8734 12,893,670
    01 July 2025 45,861 256.1282 11,746,295
    02 July 2025 75,000 257.5588 19,316,910
    03 July 2025 89,779 258.8913 23,243,002
    04 July 2025 11,650 258.3993 3,010,352
    Total accumulated over week 27 272,290 257.8509 70,210,229
    Total accumulated during the share buyback programme 8,039,780 233.1745 1,874,672,016

    With the transactions stated above, the total accumulated number of own shares under the share buy-back programme corresponds to 0.963% of Danske Bank A/S’ share capital.

    Danske Bank

    Contact: Claus Ingar Jensen, Head of Group Investor Relations, tel. +45 25 42 43 70

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

    Attachment

    The MIL Network

  • MIL-OSI: Danske Bank share buy-back programme: transactions in week 27

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 32 2025

    Danske Bank

    Bernstorffsgade 40

    DK-1577 København V

    Tel. + 45 33 44 00 00

    07 July 2025

    Page 1 of 1

    Danske Bank share buy-back programme: transactions in week 27

    On 7 February 2025, Danske Bank A/S announced a share buy-back programme for a total of DKK 5 billion, with a maximum of 45,000,000 shares, in the period from 10 February 2025 to 30 January 2026, at the latest, as described in company announcement no. 6 2025.

    The Programme is carried out in accordance with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and Council of 16 April 2014 (the “Market Abuse Regulation”) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (together with the Market Abuse Regulation, the “Safe Harbour Rules”).

    The following transactions on Nasdaq Copenhagen A/S were made under the share buy-back programme in week 27:

      Number of shares VWAP DKK Gross value DKK
    Accumulated, last announcement 7,767,490 232.3095 1,804,461,787
    30 June 2025 50,000 257.8734 12,893,670
    01 July 2025 45,861 256.1282 11,746,295
    02 July 2025 75,000 257.5588 19,316,910
    03 July 2025 89,779 258.8913 23,243,002
    04 July 2025 11,650 258.3993 3,010,352
    Total accumulated over week 27 272,290 257.8509 70,210,229
    Total accumulated during the share buyback programme 8,039,780 233.1745 1,874,672,016

    With the transactions stated above, the total accumulated number of own shares under the share buy-back programme corresponds to 0.963% of Danske Bank A/S’ share capital.

    Danske Bank

    Contact: Claus Ingar Jensen, Head of Group Investor Relations, tel. +45 25 42 43 70

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

    Attachment

    The MIL Network

  • MIL-OSI: Lumissil Microsystems Expands Automotive Lighting Portfolio with Family of High-Side Linear LED Drivers

    Source: GlobeNewswire (MIL-OSI)

    MILPITAS, Calif., July 07, 2025 (GLOBE NEWSWIRE) — Lumissil Microsystems announces the release of the IS32LT315x family, a new line of current-source linear LED drivers designed for automotive lighting applications, and Tail/Brake light combinations. The family consists of three devices: Single Channel IS32LT3151A/B/C/D/E and Triple Channel IS32LT3152A/B and IS32LT3153A/B/E. The IS32LT315x line of high-side linear drivers provides designers with enhanced thermal optimization and fault reporting capabilities.

    Differentiated by channel count, output current, and fault features to meet a range of application needs as mentioned in the table below. They are available in configurations with either a single 450mA channel or three 150mA channels, with output current configured by an external resistor. Drivers, such as the IS32LT3151A/C and IS32LT3153A/B/E include single LED short detection and support analog current adjustment for LED thermal management via an external NTC resistor or enable dual brightness levels using an external FET switch. The IS32LT3151B/D/E and IS32LT3152A/B drivers limit some features to prioritize compact packaging and cost-saving objectives.

    Based on a high-side output topology, these drivers allow LED output strings to share common ground, reducing wiring and simplifying harness design. For high power applications, optional thermal shunt/sharing resistors can be added to offload heat from the driver, reducing thermal stress when driving high-brightness LEDs.

    All devices include open/short fault detection at the LED string level and can be configured for “one-fail-all-OFF” behavior upon fault detection. Fault conditions are reported through a shared open-drain FAULTB pin, providing system designers with the flexibility to define fault response based on application requirements. All drivers in the family are designed and qualified to AEC-Q100 standards for reliable operation in harsh automotive environments. Additionally, the IS32LT3151C/D, IS32LT3152B, and IS32LT3153B are designed in accordance with ISO 26262 ASIL-B safety requirements.

    “The IS32LT315x family was designed to cover all the essentials thermal management, current adjustment, and safety compliance without forcing any compromises,” said Lyn Zastrow, VP of Marketing and Sales at Lumissil Microsystems. “This product family enables smarter designs without tradeoffs.”

    All devices support a wide operating voltage range from 4.5V to 40V and are AEC-Q100 qualified for temperature grade 1 (-40°C to 125°C), with junction temperature ratings up to 150°C. The IS32LT3151B/D/E are available in compact SOP8-EP packages, while the other variants come in eTSSOP packages with 14-, 16-, or 20-pin options.

    Availability and pricing

    To enhance electrical and thermal characteristics, the IS32LT315x family is available with copper (Cu) wire bonding. For IC, evaluation board samples, or general inquiries, please contact your Lumissil sales representative.

    Parts table:

    Part Number IS32LT3151A/C IS32LT3151B/D/E IS32LT3152A/B IS32LT3153A/B/E
    Channel Qty 1​ 1​ 3​ 3​
    Current/CH 450mA​ 450mA​ 150mA​ 150mA​
    Analog dimming​
    (
    ICTRL)
    YES​ N/A N/A YES​
    Single-LED short
    detection 
    YES​ N/A N/A YES​
    ASIL-B 3151C only​ 3151D only​ 3152B only​ 3153B only​
    Package eTSSOP14​ SOP8-EP​ eTSSOP16​ eTSSOP20​
             

    About Lumissil Microsystems
    Lumissil Microsystems specializing in analog/mixed-signal products for automotive, communications, industrial, and consumer markets. Lumissil’s primary products are LED drivers for low to mid-power RGB color mixing and high-power lighting applications. Other products include audio, sensors, high-speed wire communications, optical networking, and application specific microcontrollers. Lumissil Microsystems has worldwide offices in the US, Taiwan, Japan, Singapore, mainland China, Europe, Hong Kong, India, Israel, and Korea. Website: https://www.lumissil.com

    Contacts:

    Lyn Zastrow
    lzastrow@lumissil.com

    Afrith Rahim
    afrith@lumissil.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d1498b6a-d2c6-4d57-9cc7-5ccd4b007981

    The MIL Network

  • MIL-OSI: Lumissil Microsystems Expands Automotive Lighting Portfolio with Family of High-Side Linear LED Drivers

    Source: GlobeNewswire (MIL-OSI)

    MILPITAS, Calif., July 07, 2025 (GLOBE NEWSWIRE) — Lumissil Microsystems announces the release of the IS32LT315x family, a new line of current-source linear LED drivers designed for automotive lighting applications, and Tail/Brake light combinations. The family consists of three devices: Single Channel IS32LT3151A/B/C/D/E and Triple Channel IS32LT3152A/B and IS32LT3153A/B/E. The IS32LT315x line of high-side linear drivers provides designers with enhanced thermal optimization and fault reporting capabilities.

    Differentiated by channel count, output current, and fault features to meet a range of application needs as mentioned in the table below. They are available in configurations with either a single 450mA channel or three 150mA channels, with output current configured by an external resistor. Drivers, such as the IS32LT3151A/C and IS32LT3153A/B/E include single LED short detection and support analog current adjustment for LED thermal management via an external NTC resistor or enable dual brightness levels using an external FET switch. The IS32LT3151B/D/E and IS32LT3152A/B drivers limit some features to prioritize compact packaging and cost-saving objectives.

    Based on a high-side output topology, these drivers allow LED output strings to share common ground, reducing wiring and simplifying harness design. For high power applications, optional thermal shunt/sharing resistors can be added to offload heat from the driver, reducing thermal stress when driving high-brightness LEDs.

    All devices include open/short fault detection at the LED string level and can be configured for “one-fail-all-OFF” behavior upon fault detection. Fault conditions are reported through a shared open-drain FAULTB pin, providing system designers with the flexibility to define fault response based on application requirements. All drivers in the family are designed and qualified to AEC-Q100 standards for reliable operation in harsh automotive environments. Additionally, the IS32LT3151C/D, IS32LT3152B, and IS32LT3153B are designed in accordance with ISO 26262 ASIL-B safety requirements.

    “The IS32LT315x family was designed to cover all the essentials thermal management, current adjustment, and safety compliance without forcing any compromises,” said Lyn Zastrow, VP of Marketing and Sales at Lumissil Microsystems. “This product family enables smarter designs without tradeoffs.”

    All devices support a wide operating voltage range from 4.5V to 40V and are AEC-Q100 qualified for temperature grade 1 (-40°C to 125°C), with junction temperature ratings up to 150°C. The IS32LT3151B/D/E are available in compact SOP8-EP packages, while the other variants come in eTSSOP packages with 14-, 16-, or 20-pin options.

    Availability and pricing

    To enhance electrical and thermal characteristics, the IS32LT315x family is available with copper (Cu) wire bonding. For IC, evaluation board samples, or general inquiries, please contact your Lumissil sales representative.

    Parts table:

    Part Number IS32LT3151A/C IS32LT3151B/D/E IS32LT3152A/B IS32LT3153A/B/E
    Channel Qty 1​ 1​ 3​ 3​
    Current/CH 450mA​ 450mA​ 150mA​ 150mA​
    Analog dimming​
    (
    ICTRL)
    YES​ N/A N/A YES​
    Single-LED short
    detection 
    YES​ N/A N/A YES​
    ASIL-B 3151C only​ 3151D only​ 3152B only​ 3153B only​
    Package eTSSOP14​ SOP8-EP​ eTSSOP16​ eTSSOP20​
             

    About Lumissil Microsystems
    Lumissil Microsystems specializing in analog/mixed-signal products for automotive, communications, industrial, and consumer markets. Lumissil’s primary products are LED drivers for low to mid-power RGB color mixing and high-power lighting applications. Other products include audio, sensors, high-speed wire communications, optical networking, and application specific microcontrollers. Lumissil Microsystems has worldwide offices in the US, Taiwan, Japan, Singapore, mainland China, Europe, Hong Kong, India, Israel, and Korea. Website: https://www.lumissil.com

    Contacts:

    Lyn Zastrow
    lzastrow@lumissil.com

    Afrith Rahim
    afrith@lumissil.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d1498b6a-d2c6-4d57-9cc7-5ccd4b007981

    The MIL Network

  • MIL-OSI: Lumissil Microsystems Expands Automotive Lighting Portfolio with Family of High-Side Linear LED Drivers

    Source: GlobeNewswire (MIL-OSI)

    MILPITAS, Calif., July 07, 2025 (GLOBE NEWSWIRE) — Lumissil Microsystems announces the release of the IS32LT315x family, a new line of current-source linear LED drivers designed for automotive lighting applications, and Tail/Brake light combinations. The family consists of three devices: Single Channel IS32LT3151A/B/C/D/E and Triple Channel IS32LT3152A/B and IS32LT3153A/B/E. The IS32LT315x line of high-side linear drivers provides designers with enhanced thermal optimization and fault reporting capabilities.

    Differentiated by channel count, output current, and fault features to meet a range of application needs as mentioned in the table below. They are available in configurations with either a single 450mA channel or three 150mA channels, with output current configured by an external resistor. Drivers, such as the IS32LT3151A/C and IS32LT3153A/B/E include single LED short detection and support analog current adjustment for LED thermal management via an external NTC resistor or enable dual brightness levels using an external FET switch. The IS32LT3151B/D/E and IS32LT3152A/B drivers limit some features to prioritize compact packaging and cost-saving objectives.

    Based on a high-side output topology, these drivers allow LED output strings to share common ground, reducing wiring and simplifying harness design. For high power applications, optional thermal shunt/sharing resistors can be added to offload heat from the driver, reducing thermal stress when driving high-brightness LEDs.

    All devices include open/short fault detection at the LED string level and can be configured for “one-fail-all-OFF” behavior upon fault detection. Fault conditions are reported through a shared open-drain FAULTB pin, providing system designers with the flexibility to define fault response based on application requirements. All drivers in the family are designed and qualified to AEC-Q100 standards for reliable operation in harsh automotive environments. Additionally, the IS32LT3151C/D, IS32LT3152B, and IS32LT3153B are designed in accordance with ISO 26262 ASIL-B safety requirements.

    “The IS32LT315x family was designed to cover all the essentials thermal management, current adjustment, and safety compliance without forcing any compromises,” said Lyn Zastrow, VP of Marketing and Sales at Lumissil Microsystems. “This product family enables smarter designs without tradeoffs.”

    All devices support a wide operating voltage range from 4.5V to 40V and are AEC-Q100 qualified for temperature grade 1 (-40°C to 125°C), with junction temperature ratings up to 150°C. The IS32LT3151B/D/E are available in compact SOP8-EP packages, while the other variants come in eTSSOP packages with 14-, 16-, or 20-pin options.

    Availability and pricing

    To enhance electrical and thermal characteristics, the IS32LT315x family is available with copper (Cu) wire bonding. For IC, evaluation board samples, or general inquiries, please contact your Lumissil sales representative.

    Parts table:

    Part Number IS32LT3151A/C IS32LT3151B/D/E IS32LT3152A/B IS32LT3153A/B/E
    Channel Qty 1​ 1​ 3​ 3​
    Current/CH 450mA​ 450mA​ 150mA​ 150mA​
    Analog dimming​
    (
    ICTRL)
    YES​ N/A N/A YES​
    Single-LED short
    detection 
    YES​ N/A N/A YES​
    ASIL-B 3151C only​ 3151D only​ 3152B only​ 3153B only​
    Package eTSSOP14​ SOP8-EP​ eTSSOP16​ eTSSOP20​
             

    About Lumissil Microsystems
    Lumissil Microsystems specializing in analog/mixed-signal products for automotive, communications, industrial, and consumer markets. Lumissil’s primary products are LED drivers for low to mid-power RGB color mixing and high-power lighting applications. Other products include audio, sensors, high-speed wire communications, optical networking, and application specific microcontrollers. Lumissil Microsystems has worldwide offices in the US, Taiwan, Japan, Singapore, mainland China, Europe, Hong Kong, India, Israel, and Korea. Website: https://www.lumissil.com

    Contacts:

    Lyn Zastrow
    lzastrow@lumissil.com

    Afrith Rahim
    afrith@lumissil.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d1498b6a-d2c6-4d57-9cc7-5ccd4b007981

    The MIL Network

  • MIL-OSI: Theta Capital Announces Senior Hires

    Source: GlobeNewswire (MIL-OSI)

    AMSTERDAM, July 07, 2025 (GLOBE NEWSWIRE) — Theta Capital, the largest European investor in blockchain venture capital, has announced two senior hires. Gijs Burgers has been appointed COO, and Eduard van Asten has been appointed Head of Compliance and Risk.

    Gijs was previously COO at the Nasdaq-listed company Hilbert Group AB, one of the largest liquid digital assets hedge funds globally. He has a history as board-room consultant and entrepreneur in the fintech and blockchain spaces and has been active in the crypto and digital assets since 2012. He was Corporate Strategist at APG, one of the top five pension funds globally and co-founded Onramper.com, a successful global aggregator of onramp and offramp methods. He has two Master’s degrees from respectively Erasmus University Rotterdam and Tilburg University.

    Eduard was previously Head of Compliance and Risk at Zing NL, a subsidiary of HSBC aiming to create a global digital payments application. He was also Global Senior Compliance Expert for ING Group and CCRO for multiple firms including Vivid Money and Pensify Group. He has two Masters degrees and a BA in Law from Erasmus University. He has 14 years of experience in compliance, risk and regulatory matters for financial institutions.

    “These are important hires for Theta Capital and demonstrate our on-going growth and institutionalisation as a firm,” said Marc de Kloe, Managing Partner at Theta Capital. “We are building our operational infrastructure and talent base for the future and I am confident that Gijs and Eduard will play an invaluable part for us. They are both extremely senior and experienced experts in their respective fields and we are fortunate they have chosen to join us.”

    Gijs Burgers, COO, Theta Capital, added, “Theta has a leading reputation in the blockchain venture capital space globally not only as an investor but also in terms of its institutional grade operational infrastructure. I look forward to continuing to build on this as the firm grows and develops.”

    Eduard van Asten, Head of Compliance and Risk, Theta Capital, concluded, “Theta rightly places regulatory compliance at the heart of its operations and I am delighted to be able to contribute my extensive experience in this space to the firm.”

    About Theta Capital

    Founded in 2001, Theta Capital Management has been among the earliest and largest institutional investors globally to invest in blockchain technology, having deployed capital in the space since January 2018. Theta Capital works with over 45 deeply specialized VC partners leading to more than 1,000 venture style investments in the technology. Deep domain expertise has led to a leading position in the universe of crypto-native venture capital.

    For further information, please visit:

    http://www.thetacapital.com/

    Contact:

    ir@thetacapital.com

    The MIL Network

  • MIL-OSI: Theta Capital Announces Senior Hires

    Source: GlobeNewswire (MIL-OSI)

    AMSTERDAM, July 07, 2025 (GLOBE NEWSWIRE) — Theta Capital, the largest European investor in blockchain venture capital, has announced two senior hires. Gijs Burgers has been appointed COO, and Eduard van Asten has been appointed Head of Compliance and Risk.

    Gijs was previously COO at the Nasdaq-listed company Hilbert Group AB, one of the largest liquid digital assets hedge funds globally. He has a history as board-room consultant and entrepreneur in the fintech and blockchain spaces and has been active in the crypto and digital assets since 2012. He was Corporate Strategist at APG, one of the top five pension funds globally and co-founded Onramper.com, a successful global aggregator of onramp and offramp methods. He has two Master’s degrees from respectively Erasmus University Rotterdam and Tilburg University.

    Eduard was previously Head of Compliance and Risk at Zing NL, a subsidiary of HSBC aiming to create a global digital payments application. He was also Global Senior Compliance Expert for ING Group and CCRO for multiple firms including Vivid Money and Pensify Group. He has two Masters degrees and a BA in Law from Erasmus University. He has 14 years of experience in compliance, risk and regulatory matters for financial institutions.

    “These are important hires for Theta Capital and demonstrate our on-going growth and institutionalisation as a firm,” said Marc de Kloe, Managing Partner at Theta Capital. “We are building our operational infrastructure and talent base for the future and I am confident that Gijs and Eduard will play an invaluable part for us. They are both extremely senior and experienced experts in their respective fields and we are fortunate they have chosen to join us.”

    Gijs Burgers, COO, Theta Capital, added, “Theta has a leading reputation in the blockchain venture capital space globally not only as an investor but also in terms of its institutional grade operational infrastructure. I look forward to continuing to build on this as the firm grows and develops.”

    Eduard van Asten, Head of Compliance and Risk, Theta Capital, concluded, “Theta rightly places regulatory compliance at the heart of its operations and I am delighted to be able to contribute my extensive experience in this space to the firm.”

    About Theta Capital

    Founded in 2001, Theta Capital Management has been among the earliest and largest institutional investors globally to invest in blockchain technology, having deployed capital in the space since January 2018. Theta Capital works with over 45 deeply specialized VC partners leading to more than 1,000 venture style investments in the technology. Deep domain expertise has led to a leading position in the universe of crypto-native venture capital.

    For further information, please visit:

    http://www.thetacapital.com/

    Contact:

    ir@thetacapital.com

    The MIL Network

  • MIL-OSI: Theta Capital Announces Senior Hires

    Source: GlobeNewswire (MIL-OSI)

    AMSTERDAM, July 07, 2025 (GLOBE NEWSWIRE) — Theta Capital, the largest European investor in blockchain venture capital, has announced two senior hires. Gijs Burgers has been appointed COO, and Eduard van Asten has been appointed Head of Compliance and Risk.

    Gijs was previously COO at the Nasdaq-listed company Hilbert Group AB, one of the largest liquid digital assets hedge funds globally. He has a history as board-room consultant and entrepreneur in the fintech and blockchain spaces and has been active in the crypto and digital assets since 2012. He was Corporate Strategist at APG, one of the top five pension funds globally and co-founded Onramper.com, a successful global aggregator of onramp and offramp methods. He has two Master’s degrees from respectively Erasmus University Rotterdam and Tilburg University.

    Eduard was previously Head of Compliance and Risk at Zing NL, a subsidiary of HSBC aiming to create a global digital payments application. He was also Global Senior Compliance Expert for ING Group and CCRO for multiple firms including Vivid Money and Pensify Group. He has two Masters degrees and a BA in Law from Erasmus University. He has 14 years of experience in compliance, risk and regulatory matters for financial institutions.

    “These are important hires for Theta Capital and demonstrate our on-going growth and institutionalisation as a firm,” said Marc de Kloe, Managing Partner at Theta Capital. “We are building our operational infrastructure and talent base for the future and I am confident that Gijs and Eduard will play an invaluable part for us. They are both extremely senior and experienced experts in their respective fields and we are fortunate they have chosen to join us.”

    Gijs Burgers, COO, Theta Capital, added, “Theta has a leading reputation in the blockchain venture capital space globally not only as an investor but also in terms of its institutional grade operational infrastructure. I look forward to continuing to build on this as the firm grows and develops.”

    Eduard van Asten, Head of Compliance and Risk, Theta Capital, concluded, “Theta rightly places regulatory compliance at the heart of its operations and I am delighted to be able to contribute my extensive experience in this space to the firm.”

    About Theta Capital

    Founded in 2001, Theta Capital Management has been among the earliest and largest institutional investors globally to invest in blockchain technology, having deployed capital in the space since January 2018. Theta Capital works with over 45 deeply specialized VC partners leading to more than 1,000 venture style investments in the technology. Deep domain expertise has led to a leading position in the universe of crypto-native venture capital.

    For further information, please visit:

    http://www.thetacapital.com/

    Contact:

    ir@thetacapital.com

    The MIL Network

  • MIL-OSI: Share buyback programme – week 27

    Source: GlobeNewswire (MIL-OSI)

    Nasdaq Copenhagen
    Euronext Dublin
    London Stock Exchange
    Danish Financial Supervisory Authority
    Other stakeholders

    Date        7 July 2025

    Share buyback programme week 27

    The share buyback programme runs in the period 2 June 2025 up to and including 30 January 2026, see company announcement of 2 June 2025.

    During the period the bank will thus buy back its own shares for a total of up to DKK 1,000 million under the programme, but to a maximum of 1,600,000 shares.

    The programme is implemented in compliance with EU Commission Regulation No. 596/2014 of 16 April 2014 and EU Commission Delegated Regulation No. 2016/1052 of 8 March 2016, which together constitute the “Safe Harbour” regulation.

    The following transactions have been made under the programme:

    Date Number of shares Average purchase price (DKK) Total purchased under the programme (DKK)
    Total in accordance with the last announcement 104,200 1,351.29 140,804,255
    30 June 2025 4,000 1,385.75 5,543,000
    1 July 2025 4,300 1,373.36 5,905,448
    2 July 2025 4,000 1,381.32 5,525,280
    3 July 2025 4,000 1,399.23 5,596,920
    4 July 2025 4,000 1,390.10 5,560,400
    Total under the share buyback programme 124,500 1,356.91 168,935,303
           
    Bought back under share buyback programme executed in the period 28 January 2025 – 28 May 2025 414,200 1,207.12 499,988,706
    Total bought back 538,700 1,241.74 668,924,009

    With the transactions stated above, Ringkjøbing Landbobank now owns the following numbers of own shares, excluding the bank’s trading portfolio and investments made on behalf of customers:

    • 538,700 shares under the above share buyback programmes corresponding to 2.12 % of the bank’s share capital.

    In accordance with the above regulation etc., the transactions related to the share buyback programme on the stated reporting days are attached to this corporate announcement in detailed form.

    Kind regards

    Ringkjøbing Landbobank

    John Fisker
    CEO
    Detailed summary of the transactions on the above reporting days

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    8 1389 XCSE 20250630 15:57:14.042000
    1 1389 XCSE 20250630 15:57:14.042000
    51 1389 XCSE 20250630 15:57:27.107000
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    41 1388 XCSE 20250630 16:00:40.816000
    44 1388 XCSE 20250630 16:00:41.467000
    35 1387 XCSE 20250630 16:00:55.643000
    32 1386 XCSE 20250630 16:00:57.241000
    18 1388 XCSE 20250630 16:11:40.315000
    8 1388 XCSE 20250630 16:11:40.315000
    35 1387 XCSE 20250630 16:21:38.942000
    9 1387 XCSE 20250630 16:21:38.942000
    9 1387 XCSE 20250630 16:21:38.942000
    44 1386 XCSE 20250630 16:21:45.102000
    17 1386 XCSE 20250630 16:22:11.081029
    500 1386 XCSE 20250630 16:22:17.185832
    145 1386 XCSE 20250630 16:22:17.185851
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    1 1386 XCSE 20250701 9:05:47.044000
    7 1386 XCSE 20250701 9:05:49.461000
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    16 1389 XCSE 20250701 9:10:01.217000
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    8 1386 XCSE 20250701 9:13:58.861000
    16 1386 XCSE 20250701 9:18:51.518000
    17 1386 XCSE 20250701 9:19:55.102000
    17 1387 XCSE 20250701 9:21:43.201000
    17 1386 XCSE 20250701 9:25:27.096000
    17 1385 XCSE 20250701 9:28:47.782000
    8 1385 XCSE 20250701 9:28:47.782000
    17 1385 XCSE 20250701 9:31:48.764000
    4 1385 XCSE 20250701 9:31:48.764000
    10 1383 XCSE 20250701 9:32:55.062000
    25 1382 XCSE 20250701 9:34:21.467000
    17 1381 XCSE 20250701 9:38:10.080000
    18 1379 XCSE 20250701 9:43:03.098000
    8 1379 XCSE 20250701 9:43:03.098000
    1 1379 XCSE 20250701 9:43:03.098000
    9 1380 XCSE 20250701 9:46:25.894000
    17 1379 XCSE 20250701 9:47:42.105000
    9 1380 XCSE 20250701 9:49:54.043000
    9 1380 XCSE 20250701 9:50:36.096000
    9 1380 XCSE 20250701 9:51:33.097000
    17 1379 XCSE 20250701 9:51:47.485000
    17 1378 XCSE 20250701 9:52:11.756000
    17 1378 XCSE 20250701 9:57:12.298000
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    9 1377 XCSE 20250701 9:57:36.386000
    8 1377 XCSE 20250701 9:57:36.386000
    17 1375 XCSE 20250701 10:00:19.105000
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    25 1376 XCSE 20250701 10:01:47.369000
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    2 1373 XCSE 20250701 10:05:06.637000
    33 1373 XCSE 20250701 10:05:06.637000
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    9 1374 XCSE 20250701 10:22:33.861000
    9 1374 XCSE 20250701 10:23:24.557000
    27 1373 XCSE 20250701 10:24:34.891000
    6 1373 XCSE 20250701 10:25:32.548000
    18 1372 XCSE 20250701 10:26:25.094000
    8 1372 XCSE 20250701 10:26:25.094000
    17 1374 XCSE 20250701 10:32:28.104000
    17 1373 XCSE 20250701 10:32:38.846000
    18 1372 XCSE 20250701 10:34:36.731000
    7 1372 XCSE 20250701 10:38:37.083000
    17 1371 XCSE 20250701 10:46:17.042000
    11 1373 XCSE 20250701 10:46:32.175000
    11 1373 XCSE 20250701 10:46:32.987000
    18 1373 XCSE 20250701 10:46:33.008000
    9 1373 XCSE 20250701 10:47:12.096000
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    1 1373 XCSE 20250701 10:49:10.097000
    8 1373 XCSE 20250701 10:50:12.096000
    1 1373 XCSE 20250701 10:50:12.096000
    8 1373 XCSE 20250701 10:51:14.587000
    1 1373 XCSE 20250701 10:51:14.587000
    8 1373 XCSE 20250701 10:52:23.455000
    1 1373 XCSE 20250701 10:52:23.455000
    9 1373 XCSE 20250701 10:53:26.915000
    9 1373 XCSE 20250701 10:54:30.095000
    9 1373 XCSE 20250701 10:55:34.205000
    33 1371 XCSE 20250701 10:55:58.278000
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    33 1372 XCSE 20250701 11:00:15.100000
    41 1373 XCSE 20250701 11:04:46.025000
    41 1373 XCSE 20250701 11:04:46.109000
    33 1372 XCSE 20250701 11:06:54.461000
    17 1372 XCSE 20250701 11:09:58.575000
    17 1371 XCSE 20250701 11:11:19.747000
    18 1370 XCSE 20250701 11:20:10.385000
    17 1369 XCSE 20250701 11:23:00.618000
    4 1367 XCSE 20250701 11:27:22.451000
    35 1368 XCSE 20250701 11:39:18.775000
    300 1366 XCSE 20250701 11:39:18.775432
    26 1367 XCSE 20250701 11:39:18.909000
    27 1366 XCSE 20250701 11:39:19.040000
    25 1366 XCSE 20250701 11:39:19.067000
    33 1368 XCSE 20250701 11:42:46.100000
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    8 1367 XCSE 20250701 11:45:08.906000
    8 1367 XCSE 20250701 11:45:08.906000
    35 1366 XCSE 20250701 11:46:56.017000
    33 1366 XCSE 20250701 11:57:16.100000
    41 1368 XCSE 20250701 12:15:48.134000
    5 1369 XCSE 20250701 12:22:46.302000
    11 1369 XCSE 20250701 12:22:46.302000
    41 1368 XCSE 20250701 12:22:46.322000
    42 1367 XCSE 20250701 12:23:13.220000
    18 1367 XCSE 20250701 12:29:21.005000
    25 1368 XCSE 20250701 12:31:01.725000
    26 1368 XCSE 20250701 12:31:43.441000
    17 1368 XCSE 20250701 12:38:15.064000
    9 1368 XCSE 20250701 12:38:15.064000
    17 1367 XCSE 20250701 12:42:54.835000
    8 1367 XCSE 20250701 12:42:54.835000
    8 1367 XCSE 20250701 12:42:54.835000
    35 1366 XCSE 20250701 12:48:15.698000
    35 1365 XCSE 20250701 12:51:19.617000
    26 1364 XCSE 20250701 12:55:52.974000
    8 1364 XCSE 20250701 12:55:52.974000
    168 1368 XCSE 20250701 13:17:10.154000
    26 1368 XCSE 20250701 13:45:24.899000
    8 1368 XCSE 20250701 13:45:24.899000
    1 1370 XCSE 20250701 14:07:21.244000
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    1 1370 XCSE 20250701 14:13:06.856000
    22 1370 XCSE 20250701 14:20:16.584000
    7 1370 XCSE 20250701 14:20:16.584000
    6 1370 XCSE 20250701 14:20:16.584000
    6 1370 XCSE 20250701 14:20:16.584000
    43 1370 XCSE 20250701 14:23:25.976000
    8 1370 XCSE 20250701 14:23:25.976000
    9 1370 XCSE 20250701 14:24:16.118000
    53 1369 XCSE 20250701 14:29:00.710000
    9 1369 XCSE 20250701 14:29:00.710000
    13 1370 XCSE 20250701 14:42:02.008000
    11 1370 XCSE 20250701 14:42:02.008000
    19 1373 XCSE 20250701 14:58:55.076000
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    11 1373 XCSE 20250701 14:58:55.076000
    11 1373 XCSE 20250701 14:58:55.076000
    12 1373 XCSE 20250701 14:58:55.076000
    27 1373 XCSE 20250701 14:58:55.082000
    41 1373 XCSE 20250701 14:58:55.180000
    8 1374 XCSE 20250701 15:00:36.100000
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    41 1373 XCSE 20250701 15:03:16.722000
    26 1373 XCSE 20250701 15:22:37.176000
    9 1373 XCSE 20250701 15:22:37.176000
    8 1373 XCSE 20250701 15:22:37.176000
    33 1373 XCSE 20250701 15:30:17.570000
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    6 1375 XCSE 20250701 15:39:20.959000
    9 1375 XCSE 20250701 15:39:20.959000
    12 1375 XCSE 20250701 15:39:20.959000
    51 1375 XCSE 20250701 15:43:00.027000
    4 1376 XCSE 20250701 15:43:38.009000
    120 1376 XCSE 20250701 15:43:38.009000
    3 1377 XCSE 20250701 15:48:59.835000
    41 1378 XCSE 20250701 15:50:04.880000
    1 1379 XCSE 20250701 15:55:10.693000
    35 1379 XCSE 20250701 15:55:10.693000
    9 1379 XCSE 20250701 15:55:10.693000
    9 1379 XCSE 20250701 15:55:10.693000
    98 1379 XCSE 20250701 15:55:10.693000
    1 1379 XCSE 20250701 15:55:10.693000
    88 1378 XCSE 20250701 15:55:21.762000
    70 1378 XCSE 20250701 15:55:21.764000
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    9 1376 XCSE 20250701 15:57:24.822000
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    8 1376 XCSE 20250701 15:57:24.822000
    1 1376 XCSE 20250701 15:57:24.822000
    8 1376 XCSE 20250701 15:57:24.822000
    9 1376 XCSE 20250701 15:57:24.822000
    1 1376 XCSE 20250701 16:03:00.576000
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    40 1376 XCSE 20250701 16:03:00.576000
    52 1376 XCSE 20250701 16:08:40.836000
    35 1376 XCSE 20250701 16:09:01.953000
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    9 1374 XCSE 20250701 16:09:55.761000
    27 1375 XCSE 20250701 16:14:36.829000
    25 1376 XCSE 20250701 16:20:00.076000
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    17 1376 XCSE 20250701 16:20:00.076000
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    9 1376 XCSE 20250701 16:20:31.096000
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    4 1376 XCSE 20250701 16:21:00.077000
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    26 1375 XCSE 20250701 16:21:39.457000
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    9 1375 XCSE 20250701 16:21:39.457000
    35 1375 XCSE 20250701 16:22:05.562000
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    2 1376 XCSE 20250701 16:24:40.966000
    22 1376 XCSE 20250701 16:24:40.966000
    13 1376 XCSE 20250701 16:24:40.990000
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    11 1376 XCSE 20250701 16:27:59.172728
    40 1376 XCSE 20250701 16:27:59.172728
    250 1376 XCSE 20250701 16:27:59.188449
    44 1376 XCSE 20250701 16:27:59.188467
    17 1379 XCSE 20250702 9:05:49.227000
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    4 1377 XCSE 20250702 9:32:39.297000
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    33 1378 XCSE 20250702 10:32:46.716000
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    33 1380 XCSE 20250702 11:12:12.355000
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    13 1380 XCSE 20250702 11:18:39.093000
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    21 1380 XCSE 20250702 11:19:27.258000
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    19 1380 XCSE 20250702 11:48:34.069000
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    1 1380 XCSE 20250702 11:49:27.918000
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    35 1379 XCSE 20250702 11:58:17.857000
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    33 1386 XCSE 20250702 12:54:32.109000
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    16 1385 XCSE 20250702 13:15:56.240000
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    2 1385 XCSE 20250702 13:15:56.240000
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    1 1385 XCSE 20250702 13:15:56.240000
    16 1385 XCSE 20250702 13:15:56.240000
    8 1385 XCSE 20250702 13:15:56.240000
    91 1385 XCSE 20250702 13:16:57.298000
    8 1385 XCSE 20250702 13:16:57.298000
    34 1386 XCSE 20250702 13:33:19.103000
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    41 1386 XCSE 20250702 14:00:01.979000
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    62 1386 XCSE 20250702 14:02:09.593000
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    1 1386 XCSE 20250702 14:17:40.200000
    33 1386 XCSE 20250702 14:20:01.808000
    9 1386 XCSE 20250702 14:20:01.808000
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    Attachment

    The MIL Network

  • MIL-OSI: Share buyback programme – week 27

    Source: GlobeNewswire (MIL-OSI)

    Nasdaq Copenhagen
    Euronext Dublin
    London Stock Exchange
    Danish Financial Supervisory Authority
    Other stakeholders

    Date        7 July 2025

    Share buyback programme week 27

    The share buyback programme runs in the period 2 June 2025 up to and including 30 January 2026, see company announcement of 2 June 2025.

    During the period the bank will thus buy back its own shares for a total of up to DKK 1,000 million under the programme, but to a maximum of 1,600,000 shares.

    The programme is implemented in compliance with EU Commission Regulation No. 596/2014 of 16 April 2014 and EU Commission Delegated Regulation No. 2016/1052 of 8 March 2016, which together constitute the “Safe Harbour” regulation.

    The following transactions have been made under the programme:

    Date Number of shares Average purchase price (DKK) Total purchased under the programme (DKK)
    Total in accordance with the last announcement 104,200 1,351.29 140,804,255
    30 June 2025 4,000 1,385.75 5,543,000
    1 July 2025 4,300 1,373.36 5,905,448
    2 July 2025 4,000 1,381.32 5,525,280
    3 July 2025 4,000 1,399.23 5,596,920
    4 July 2025 4,000 1,390.10 5,560,400
    Total under the share buyback programme 124,500 1,356.91 168,935,303
           
    Bought back under share buyback programme executed in the period 28 January 2025 – 28 May 2025 414,200 1,207.12 499,988,706
    Total bought back 538,700 1,241.74 668,924,009

    With the transactions stated above, Ringkjøbing Landbobank now owns the following numbers of own shares, excluding the bank’s trading portfolio and investments made on behalf of customers:

    • 538,700 shares under the above share buyback programmes corresponding to 2.12 % of the bank’s share capital.

    In accordance with the above regulation etc., the transactions related to the share buyback programme on the stated reporting days are attached to this corporate announcement in detailed form.

    Kind regards

    Ringkjøbing Landbobank

    John Fisker
    CEO
    Detailed summary of the transactions on the above reporting days

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    Attachment

    The MIL Network

  • MIL-OSI: Share repurchase programme: Transactions of week 27 2025

    Source: GlobeNewswire (MIL-OSI)

    The share repurchase programme runs as from 26 February 2025 and up to and including 30 January 2026 at the latest. In this period, Jyske Bank will acquire shares with a value of up to DKK 2.25 billion, cf. Corporate Announcement No. 3/2025 of 26 February 2025. The share repurchase programme is initiated and structured in compliance with the EU Commission Regulation No. 596/2014 of 16 April 2014, the so-called “Market Abuse Regulation”, and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (together with the Market Abuse Regulation, the “Safe Harbour Rules”).

    The following transactions have been made under the program:

      Number of
    shares
    Average purchase
    price (DKK)
    Transaction
    value (DKK)
    Accumulated, previous announcement 1,157.662 551.47 638,418,615
    30 June 2025 10,000 642.03 6,420,252
    1 July 2025 19,757 638.46 12,614,131
    2 July 2025 8,834 645.34 5,700,977
    3 July 2025 12,121 650.63 7,886,235
    4 July 2025 6,875 644.69 4,432,271
    Accumulated under the programme 1,215.249 555.83 675,472,481

    Following settlement of the transactions stated above, Jyske Bank will own a total of 1,215,249 of treasury shares, excluding investments made on behalf of customers and shares held for trading purposes, corresponding to 1,98% of the share capital.

    Attached to this corporate announcement, aggregated details on the transactions related to the share repurchase programme are shown by venue.
                                                             
    Yours faithfully,
    Jyske Bank

    Contact: Birger Krøgh Nielsen, CFO, tel. +45 89 89 64 44.

    Attachment

    The MIL Network

  • MIL-OSI: Share repurchase programme: Transactions of week 27 2025

    Source: GlobeNewswire (MIL-OSI)

    The share repurchase programme runs as from 26 February 2025 and up to and including 30 January 2026 at the latest. In this period, Jyske Bank will acquire shares with a value of up to DKK 2.25 billion, cf. Corporate Announcement No. 3/2025 of 26 February 2025. The share repurchase programme is initiated and structured in compliance with the EU Commission Regulation No. 596/2014 of 16 April 2014, the so-called “Market Abuse Regulation”, and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (together with the Market Abuse Regulation, the “Safe Harbour Rules”).

    The following transactions have been made under the program:

      Number of
    shares
    Average purchase
    price (DKK)
    Transaction
    value (DKK)
    Accumulated, previous announcement 1,157.662 551.47 638,418,615
    30 June 2025 10,000 642.03 6,420,252
    1 July 2025 19,757 638.46 12,614,131
    2 July 2025 8,834 645.34 5,700,977
    3 July 2025 12,121 650.63 7,886,235
    4 July 2025 6,875 644.69 4,432,271
    Accumulated under the programme 1,215.249 555.83 675,472,481

    Following settlement of the transactions stated above, Jyske Bank will own a total of 1,215,249 of treasury shares, excluding investments made on behalf of customers and shares held for trading purposes, corresponding to 1,98% of the share capital.

    Attached to this corporate announcement, aggregated details on the transactions related to the share repurchase programme are shown by venue.
                                                             
    Yours faithfully,
    Jyske Bank

    Contact: Birger Krøgh Nielsen, CFO, tel. +45 89 89 64 44.

    Attachment

    The MIL Network

  • MIL-OSI: Ellomay and Statkraft Sign Long-Term Power Purchase Agreements for Three Operating Italian Solar Plants

    Source: GlobeNewswire (MIL-OSI)

                             

    Tel-Aviv, Israel / Milan, Italy, July 07, 2025 (GLOBE NEWSWIRE) — Ellomay Capital Ltd. (NYSE American; TASE: ELLO) (“Ellomay” or the “Company”), a renewable energy and power generator and developer of renewable energy and power projects in Europe, USA and Israel, announced today that three Italian project companies in which the Company indirectly holds a 51% interest signed long-term (9-year) power purchase agreements (“PPAs”) with Statkraft, Europe’s largest generator of renewable energy. The PPAs cover 75% of the capacity (at P50) of three operating solar plants in Italy’s central-southern zone (CSUD), with a combined capacity of approximately 38 MW.

    Ran Fridrich, CEO and Board member of Ellomay, said: “This transaction reinforces Ellomay’s strategy of enhancing the value and stability of its renewable platform across key European markets. The collaboration with Statkraft—one of Europe’s most respected and experienced offtakers—strengthens the foundation of this deal. Together with Ellomay’s disciplined development strategy and high-performing asset base, these PPAs set a benchmark for quality-driven growth in utility-scale renewables. Ellomay aims to structure similar agreements for other projects, including its remaining Italian solar portfolio that currently consists of 160 MW under construction processes (51% owned), 124 MW that received construction permits and additional 140 MW that are expected to receive permits in the near future.”

    Maya Shaltiel, CEO of Maya International Strategic Alliances Ltd. (“MISA“), who led the negotiation and structuring of the transaction on behalf of Ellomay, said: “We are proud to have delivered bankable and resilient PPAs for Ellomay, in close collaboration with Statkraft. The PPAs support long-term stability for strong renewable assets in Italy and reflect a structure designed to thrive amid market complexity. In a period of high volatility and growing demand for green energy, we secured long-term certainty while preserving merchant upside — a structure that reflects strategic clarity and adaptability to evolving market conditions. We deeply appreciate Statkraft’s partnership and look forward to continuing to support energy transition efforts across Europe.”

    Gennaro D’Annucci, Head of Origination Italy at Statkraft, said: “We are pleased to collaborate with Ellomay on this important transaction, which underscores Statkraft’s role as a leading force in the European PPA market. This agreement further strengthens our substantial renewable energy portfolio in Italy and enables us to offer innovative and competitive green supply solutions tailored to the needs of Italian corporates and industrials. It reflects our enduring commitment to driving the energy transition forward and delivering value through clean energy.”

    About Ellomay Capital Ltd.

    Ellomay is an Israeli based company whose shares are registered with the NYSE American and with the Tel Aviv Stock Exchange under the trading symbol “ELLO”. Since 2009, Ellomay focuses its business in the renewable energy and power sectors in Europe, USA and Israel.

    To date, Ellomay has evaluated numerous opportunities and invested significant funds in the renewable, clean energy and natural resources industries in Israel, Italy, Spain, the Netherlands and Texas, USA, including:

    • Approximately 335.9 MW of operating solar power plants in Spain (including a 300 MW solar plant in owned by Talasol, which is 51% owned by the Company) and 51% of approximately 38 MW of operating solar power plants in Italy;
    • 9.375% indirect interest in Dorad Energy Ltd., which owns and operates one of Israel’s largest private power plants with production capacity of approximately 850 MW, representing about 6%-8% of Israel’s total current electricity consumption;
    • Groen Gas Goor B.V., Groen Gas Oude-Tonge B.V. and Groen Gas Gelderland B.V., project companies operating anaerobic digestion plants in the Netherlands, with a green gas production capacity of approximately 3 million, 3.8 million and 9.5 million Nm3 per year, respectively;
    • 83.333% of Ellomay Pumped Storage (2014) Ltd., which is involved in a project to construct a 156 MW pumped storage hydro power plant in the Manara Cliff, Israel;
    • 51% of solar projects in Italy with an aggregate capacity of 160 MW that commenced construction processes;
    • Solar projects in Italy with an aggregate capacity of 134 MW that have reached “ready to build” status; and
    • Solar projects in the Dallas Metropolitan area, Texas, USA with an aggregate capacity of approximately 27 MW that are connected to the grid and an additional 22 MW that are awaiting connection to the grid.

    For more information about Ellomay, visit http://www.ellomay.com.

    About Statkraft

    Statkraft – Europe’s largest renewable energy producer – is a company with 7,000 employees in over 20 countries that develops and manages hydropower, wind, solar and storage system assets, also offering PPA (Power Purchase Agreement) solutions for energy buying and selling. With a history and experience of 130 years, Statkraft operates in Italy since 2020, inspired by the group’s core values: We act responsibly, We grow together, We make an impact. Principles that have always guided us towards sustainable and socially responsible action. Indeed, the management of stakeholder relations is respectful of the highest standards of corporate compliance, thus ensuring an ethical approach to business and excellent feedback from the communities that welcome our green investments.

    For more information about Statkraft, visit http://www.statkraft.com

    About Maya International Strategic Alliances Ltd.

    MISA specializes in structuring and negotiating strategic transactions in the energy and infrastructure space. With deep expertise in European and Asian energy markets, MISA supports sponsors and investors in delivering commercially sound, bankable solutions tailored to local and global dynamics.

    Information Relating to Forward-Looking Statements

    This press release contains forward-looking statements that involve substantial risks and uncertainties, including statements that are based on the current expectations and assumptions of the Company’s management. All statements, other than statements of historical facts, included in this press release regarding the Company’s plans and objectives, expectations and assumptions of management are forward-looking statements. The use of certain words, including the words “estimate,” “project,” “intend,” “expect,” “believe” and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company may not actually achieve the plans, intentions or expectations disclosed in the forward-looking statements and you should not place undue reliance on the Company’s forward-looking statements. Various important factors could cause actual results or events to differ materially from those that may be expressed or implied by the Company’s forward-looking statements, including changes in electricity prices and demand, regulatory changes, increases in interest rates and inflation, changes in the supply and prices of resources required for the operation of the Company’s facilities (such as waste and natural gas) and in the price of oil, the impact of the war and hostilities in Israel and Gaza and between Israel and Iran, the impact of the continued military conflict between Russia and Ukraine, technical and other disruptions in the operations or construction of the power plants owned by the Company, inability to obtain the financing required for the development and construction of projects, inability to advance the expansion of Dorad, increases in interest rates and inflation, changes in exchange rates, delays in development, construction, or commencement of operation of the projects under development, failure to obtain permits – whether within the set time frame or at all, climate change, and general market, political and economic conditions in the countries in which the Company operates, including Israel, Spain, Italy and the United States. and general market, political and economic conditions in the countries in which the Company operates, including Israel, Spain, Italy and the United States. These and other risks and uncertainties associated with the Company’s business are described in greater detail in the filings the Company makes from time to time with Securities and Exchange Commission, including its Annual Report on Form 20-F. The forward-looking statements are made as of this date and the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:
    Kalia Rubenbach (Weintraub)
    CFO
    Tel: +972 (3) 797-1111
    Email: hilai@ellomay.com

    The MIL Network

  • MIL-OSI: Ellomay and Statkraft Sign Long-Term Power Purchase Agreements for Three Operating Italian Solar Plants

    Source: GlobeNewswire (MIL-OSI)

                             

    Tel-Aviv, Israel / Milan, Italy, July 07, 2025 (GLOBE NEWSWIRE) — Ellomay Capital Ltd. (NYSE American; TASE: ELLO) (“Ellomay” or the “Company”), a renewable energy and power generator and developer of renewable energy and power projects in Europe, USA and Israel, announced today that three Italian project companies in which the Company indirectly holds a 51% interest signed long-term (9-year) power purchase agreements (“PPAs”) with Statkraft, Europe’s largest generator of renewable energy. The PPAs cover 75% of the capacity (at P50) of three operating solar plants in Italy’s central-southern zone (CSUD), with a combined capacity of approximately 38 MW.

    Ran Fridrich, CEO and Board member of Ellomay, said: “This transaction reinforces Ellomay’s strategy of enhancing the value and stability of its renewable platform across key European markets. The collaboration with Statkraft—one of Europe’s most respected and experienced offtakers—strengthens the foundation of this deal. Together with Ellomay’s disciplined development strategy and high-performing asset base, these PPAs set a benchmark for quality-driven growth in utility-scale renewables. Ellomay aims to structure similar agreements for other projects, including its remaining Italian solar portfolio that currently consists of 160 MW under construction processes (51% owned), 124 MW that received construction permits and additional 140 MW that are expected to receive permits in the near future.”

    Maya Shaltiel, CEO of Maya International Strategic Alliances Ltd. (“MISA“), who led the negotiation and structuring of the transaction on behalf of Ellomay, said: “We are proud to have delivered bankable and resilient PPAs for Ellomay, in close collaboration with Statkraft. The PPAs support long-term stability for strong renewable assets in Italy and reflect a structure designed to thrive amid market complexity. In a period of high volatility and growing demand for green energy, we secured long-term certainty while preserving merchant upside — a structure that reflects strategic clarity and adaptability to evolving market conditions. We deeply appreciate Statkraft’s partnership and look forward to continuing to support energy transition efforts across Europe.”

    Gennaro D’Annucci, Head of Origination Italy at Statkraft, said: “We are pleased to collaborate with Ellomay on this important transaction, which underscores Statkraft’s role as a leading force in the European PPA market. This agreement further strengthens our substantial renewable energy portfolio in Italy and enables us to offer innovative and competitive green supply solutions tailored to the needs of Italian corporates and industrials. It reflects our enduring commitment to driving the energy transition forward and delivering value through clean energy.”

    About Ellomay Capital Ltd.

    Ellomay is an Israeli based company whose shares are registered with the NYSE American and with the Tel Aviv Stock Exchange under the trading symbol “ELLO”. Since 2009, Ellomay focuses its business in the renewable energy and power sectors in Europe, USA and Israel.

    To date, Ellomay has evaluated numerous opportunities and invested significant funds in the renewable, clean energy and natural resources industries in Israel, Italy, Spain, the Netherlands and Texas, USA, including:

    • Approximately 335.9 MW of operating solar power plants in Spain (including a 300 MW solar plant in owned by Talasol, which is 51% owned by the Company) and 51% of approximately 38 MW of operating solar power plants in Italy;
    • 9.375% indirect interest in Dorad Energy Ltd., which owns and operates one of Israel’s largest private power plants with production capacity of approximately 850 MW, representing about 6%-8% of Israel’s total current electricity consumption;
    • Groen Gas Goor B.V., Groen Gas Oude-Tonge B.V. and Groen Gas Gelderland B.V., project companies operating anaerobic digestion plants in the Netherlands, with a green gas production capacity of approximately 3 million, 3.8 million and 9.5 million Nm3 per year, respectively;
    • 83.333% of Ellomay Pumped Storage (2014) Ltd., which is involved in a project to construct a 156 MW pumped storage hydro power plant in the Manara Cliff, Israel;
    • 51% of solar projects in Italy with an aggregate capacity of 160 MW that commenced construction processes;
    • Solar projects in Italy with an aggregate capacity of 134 MW that have reached “ready to build” status; and
    • Solar projects in the Dallas Metropolitan area, Texas, USA with an aggregate capacity of approximately 27 MW that are connected to the grid and an additional 22 MW that are awaiting connection to the grid.

    For more information about Ellomay, visit http://www.ellomay.com.

    About Statkraft

    Statkraft – Europe’s largest renewable energy producer – is a company with 7,000 employees in over 20 countries that develops and manages hydropower, wind, solar and storage system assets, also offering PPA (Power Purchase Agreement) solutions for energy buying and selling. With a history and experience of 130 years, Statkraft operates in Italy since 2020, inspired by the group’s core values: We act responsibly, We grow together, We make an impact. Principles that have always guided us towards sustainable and socially responsible action. Indeed, the management of stakeholder relations is respectful of the highest standards of corporate compliance, thus ensuring an ethical approach to business and excellent feedback from the communities that welcome our green investments.

    For more information about Statkraft, visit http://www.statkraft.com

    About Maya International Strategic Alliances Ltd.

    MISA specializes in structuring and negotiating strategic transactions in the energy and infrastructure space. With deep expertise in European and Asian energy markets, MISA supports sponsors and investors in delivering commercially sound, bankable solutions tailored to local and global dynamics.

    Information Relating to Forward-Looking Statements

    This press release contains forward-looking statements that involve substantial risks and uncertainties, including statements that are based on the current expectations and assumptions of the Company’s management. All statements, other than statements of historical facts, included in this press release regarding the Company’s plans and objectives, expectations and assumptions of management are forward-looking statements. The use of certain words, including the words “estimate,” “project,” “intend,” “expect,” “believe” and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company may not actually achieve the plans, intentions or expectations disclosed in the forward-looking statements and you should not place undue reliance on the Company’s forward-looking statements. Various important factors could cause actual results or events to differ materially from those that may be expressed or implied by the Company’s forward-looking statements, including changes in electricity prices and demand, regulatory changes, increases in interest rates and inflation, changes in the supply and prices of resources required for the operation of the Company’s facilities (such as waste and natural gas) and in the price of oil, the impact of the war and hostilities in Israel and Gaza and between Israel and Iran, the impact of the continued military conflict between Russia and Ukraine, technical and other disruptions in the operations or construction of the power plants owned by the Company, inability to obtain the financing required for the development and construction of projects, inability to advance the expansion of Dorad, increases in interest rates and inflation, changes in exchange rates, delays in development, construction, or commencement of operation of the projects under development, failure to obtain permits – whether within the set time frame or at all, climate change, and general market, political and economic conditions in the countries in which the Company operates, including Israel, Spain, Italy and the United States. and general market, political and economic conditions in the countries in which the Company operates, including Israel, Spain, Italy and the United States. These and other risks and uncertainties associated with the Company’s business are described in greater detail in the filings the Company makes from time to time with Securities and Exchange Commission, including its Annual Report on Form 20-F. The forward-looking statements are made as of this date and the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:
    Kalia Rubenbach (Weintraub)
    CFO
    Tel: +972 (3) 797-1111
    Email: hilai@ellomay.com

    The MIL Network

  • MIL-OSI: Shell second quarter 2025 update note

    Source: GlobeNewswire (MIL-OSI)

    The following is an update to the second quarter 2025 outlook and gives an overview of our current expectations for the second quarter. Outlooks presented may vary from the actual second quarter 2025 results and are subject to finalisation of those results, which are scheduled to be published on July 31, 2025. Unless otherwise indicated, all outlook statements exclude identified items. 

    See appendix for the definition of the non-GAAP measure used and the most comparable GAAP measure.

       Integrated Gas

    $ billions Q1’25 Q2’25 Outlook Comment
    Adjusted EBITDA:
    Production (kboe/d) 927 900 – 940  
    LNG liquefaction volumes (MT) 6.6 6.4 – 6.8  
    Underlying opex 1.0 1.0 – 1.2  
    Adjusted Earnings:
    Pre-tax depreciation 1.4 1.4 – 1.8  
    Taxation charge 0.8 0.3 – 0.6  
    Other Considerations:
    Trading & Optimisation is expected to be significantly lower than Q1’25.

     Upstream

    $ billions Q1’25 Q2’25 Outlook Comment
    Adjusted EBITDA:
    Production (kboe/d) 1,855 1,660 – 1,760 Reflects scheduled maintenance and the completed sale of SPDC in Nigeria.
    Underlying opex 2.2 1.9 – 2.5  
    Adjusted Earnings:
    Pre-tax depreciation 2.2 2.0 – 2.6  
    Taxation charge 2.6 1.6 – 2.4  
    Other Considerations:
    The share of profit / (loss) of joint ventures and associates in Q2’25 is expected to be ~$0.2 billion. Q2’25 exploration well write-offs are expected to be ~$0.2 billion.

     Marketing

    $ billions Q1’25 Q2’25 Outlook Comment
    Adjusted EBITDA:
    Sales volumes (kb/d) 2,674 2,600 – 3,000  
    Underlying opex 2.4 2.3 – 2.7  
    Adjusted Earnings:
    Pre-tax depreciation 0.6 0.5 – 0.7  
    Taxation charge 0.4 0.2 – 0.6  
    Other Considerations:
    Marketing adjusted earnings are expected to be higher than Q1’25.

      Chemicals and Products

    $ billions Q1’25 Q2’25 Outlook Comment
    Adjusted EBITDA:
    Indicative refining margin* $6.2/bbl $8.9/bbl  
    Indicative chemicals margin* $126/tonne $166/tonne The Chemicals sub-segment adjusted earnings are expected to be a loss.
    Refinery utilisation 85% 92% – 96%  
    Chemicals utilisation 81% 68% – 72% Chemicals utilisation impacted by unplanned maintenance at Monaca.
    Underlying opex 2.0 1.7 – 2.1  
    Adjusted Earnings:
    Pre-tax depreciation 0.9 0.8 – 1.0  
    Taxation charge / (credit) 0.1 (0.3) – 0.2  
    Other Considerations:
    Trading & Optimisation is expected to be significantly lower than Q1’25. The Chemicals & Products segment adjusted earnings is expected to be below break-even in Q2’25.

    *See appendix

     Renewables and Energy Solutions

    $ billions Q1’25 Q2’25 Outlook Comment
    Adjusted Earnings (0.4) – 0.2 Trading & Optimisation is expected to be lower than Q1’25.

    Corporate

    $ billions Q1’25 Q2’25 Outlook Comment
    Adjusted Earnings (0.5) (0.6) – (0.4)  

    Shell Group

    $ billions Q1’25 Q2’25 Outlook Comment
    CFFO:
    Tax paid 2.9 2.8 – 3.6  
    Derivative movements (1) – 3  
    Working capital (2.7) (1) – 4  
    Other Shell Group Considerations:
    – 

    Guidance

    The ‘Quarterly Databook’ contains guidance on Indicative Refining Margin, Indicative Chemicals Margin and full-year price and margin sensitivities.

    Consensus

    The company compiled consensus, managed by Vara Research, is expected to be published on July 23, 2025.

    Appendix

    Indicative Margins

    Chemicals & Products Q1’25 Q2’25 Updated Outlook
    Indicative refining margin $6.2/bbl $8.9/bbl
    Indicative chemicals margin $126/tonne $166/tonne

    The formulas for Indicative refining margin (IRM) and Indicative chemicals margin (ICM) have been updated following the completion of the Singapore divestment. Applying the previous formula for Q2’25 the IRM would have been: $7.5/bbl and the ICM $143/tonne. 

    Volume Data

    Operational Metrics Q1’25 Q2’25 QPR Outlook Q2’25 Updated Outlook
    Integrated Gas      
    Production (kboe/d) 927 890 – 950 900 – 940
    LNG liquefaction volumes (MT) 6.6 6.3 – 6.9 6.4 – 6.8
    Upstream      
    Production (kboe/d) 1,855 1,560 – 1,760 1,660 – 1,760
    Marketing      
    Sales volumes (kb/d) 2,674 2,600 – 3,100 2,600 – 3,000
    Chemicals & Products      
    Refinery utilisation 85% 87% – 95% 92% – 96%
    Chemicals utilisation 81% 74% – 82% 68% – 72%

    Underlying Opex

    Underlying operating expenses is a measure aimed at facilitating a comparative understanding of performance from period to period by removing the effects of identified items, which, either individually or collectively, can cause volatility, in some cases driven by external factors. For further details see the 1st Quarter 2025 unaudited results.

    $ billions Q1’25 Q1’25 Adjusted Q2’25 Updated Outlook
    Production and manufacturing expenses 5.5    
    Selling, distribution and administrative expenses 2.8    
    Research and development 0.2    
    Operating Expenses (Opex) 8.6 8.6  
    Less: Identified Items   0.1  
    Underlying Opex   8.5  
        of which:      
        Integrated Gas 1.0 1.0 1.0 – 1.2
        Upstream 2.2 2.2 1.9 – 2.5
        Marketing 2.4 2.4 2.3 – 2.7
        Chemicals and Products 2.1 2.0 1.7 – 2.1
        Renewables and Energy Solutions 0.7 0.7  

    Depreciation, depletion and amortisation

    $ billions Q1’25 Q1’25 Adjusted Q2’25 Updated Outlook
    Depreciation, Depletion & Amortisation 5.4 5.4  
    Less: Identified Items   0.3  
    Pre-tax depreciation (as Adjusted)   5.1  
        of which:      
        Integrated Gas 1.4 1.4 1.4 – 1.8
        Upstream 2.2 2.2 2.0 – 2.6
        Marketing 0.5 0.6 0.5 – 0.7
        Chemicals and Products 1.1 0.9 0.8 – 1.0
        Renewables and Energy Solutions 0.1 0.1  

    Taxation Charge

    $ billions Q1’25 Q1’25 Adjusted Q2’25 Updated Outlook
    Taxation Charge 4.1 4.1  
    Less: Identified Items and Cost of supplies adjustment   0.3  
    Taxation Charge (as Adjusted)   3.8  
        of which:      
        Integrated Gas 0.8 0.8 0.3 – 0.6
        Upstream 3.0 2.6 1.6 – 2.4
        Marketing 0.4 0.4 0.2 – 0.6
        Chemicals and Products 0.1 (0.3) – 0.2
        Renewables and Energy Solutions 0.1  

    Adjusted Earnings

    The “Adjusted Earnings” measure aims to facilitate a comparative understanding of Shell’s financial performance from period to period by removing the effects of oil price changes on inventory carrying amounts and removing the effects of identified items. These items are in some cases driven by external factors and may, either individually or collectively, hinder the comparative understanding of Shell’s financial results from period to period. This measure excludes earnings attributable to non-controlling interest. For further details see the 1st Quarter 2025 unaudited results.

    $ billions Q1’25 Q1’25 Adjusted Q2’25 Updated Outlook
    Income/(loss) attributable to Shell plc shareholders 4.8 4.8  
    Add: Current cost of supplies adjustment attributable to Shell plc shareholders    
    Less: Identified items attributable to Shell plc shareholders   (0.8)  
    Adjusted Earnings   5.6  
        of which:      
        Renewables and Energy Solutions (0.2) (0.4) – 0.2
        Corporate (0.5) (0.5) (0.6) – (0.4)

    Enquiries

    Media International: +44 (0) 207 934 5550

    Media U.S. and Canada: Contact form

    Cautionary Note

    The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this announcement “Shell”, “Shell Group” and “Group” are sometimes used for convenience to reference Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this announcement refer to entities over which Shell plc either directly or indirectly has control. The terms “joint venture”, “joint operations”, “joint arrangements”, and “associates” may also be used to refer to a commercial arrangement in which Shell has a direct or indirect ownership interest with one or more parties.  The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.

    The numbers presented in this announcement may not sum precisely to the totals provided and percentages may not precisely reflect the absolute figures due to rounding.

    Forward-Looking statements
    This announcement contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as “aim”; “ambition”; ‘‘anticipate’’; “aspire”; “aspiration”; ‘‘believe’’; “commit”; “commitment”; ‘‘could’’; “desire”; ‘‘estimate’’; ‘‘expect’’; ‘‘goals’’; ‘‘intend’’; ‘‘may’’; “milestones”; ‘‘objectives’’; ‘‘outlook’’; ‘‘plan’’; ‘‘probably’’; ‘‘project’’; ‘‘risks’’; “schedule”; ‘‘seek’’; ‘‘should’’; ‘‘target’’; “vision”; ‘‘will’’; “would” and similar terms and phrases. There are a number of factors that could affect the future operations of Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this announcement, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks, including climate change; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, judicial, fiscal and regulatory developments including tariffs and regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; (m) risks associated with the impact of pandemics, regional conflicts, such as the Russia-Ukraine war and the conflict in the Middle East, and a significant cyber security, data privacy or IT incident; (n) the pace of the energy transition; and (o) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Shell plc’s Form 20-F and amendment thereto for the year ended December 31, 2024 (available at www.shell.com/investors/news-and-filings/sec-filings.html and www.sec.gov). These risk factors also expressly qualify all forward-looking statements contained in this announcement and should be considered by the reader. Each forward-looking statement speaks only as of the date of this announcement, July 7, 2025. Neither Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this announcement.

    Shell’s net carbon intensity
    Also, in this announcement we may refer to Shell’s “net carbon intensity” (NCI), which includes Shell’s carbon emissions from the production of our energy products, our suppliers’ carbon emissions in supplying energy for that production and our customers’ carbon emissions associated with their use of the energy products we sell. Shell’s NCI also includes the emissions associated with the production and use of energy products produced by others which Shell purchases for resale. Shell only controls its own emissions. The use of the terms Shell’s “net carbon intensity” or NCI is for convenience only and not intended to suggest these emissions are those of Shell plc or its subsidiaries.

    Shell’s net-zero emissions target
    Shell’s operating plan and outlook are forecasted for a three-year period and ten-year period, respectively, and are updated every year. They reflect the current economic environment and what we can reasonably expect to see over the next three and ten years. Accordingly, the outlook reflects our Scope 1, Scope 2 and NCI targets over the next ten years.  However, Shell’s operating plan and outlook cannot reflect our 2050 net-zero emissions target, as this target is outside our planning period. Such future operating plans and outlooks could include changes to our portfolio, efficiency improvements and the use of carbon capture and storage and carbon credits. In the future, as society moves towards net-zero emissions, we expect Shell’s operating plans and outlooks to reflect this movement. However, if society is not net zero in 2050, as of today, there would be significant risk that Shell may not meet this target.

    Forward-Looking Non-GAAP measures

    This announcement may contain certain forward-looking non-GAAP measures such as Adjusted Earnings, Adjusted EBITDA, Cash flow from operating activities excluding working capital movements, Cash capital expenditure, Net debt and Underlying operating expense.

    Adjusted Earnings and Adjusted EBITDA are measures used to evaluate Shell’s performance in the period and over time.
    The “Adjusted Earnings” and Adjusted EBITDA are measures which aim to facilitate a comparative understanding of Shell’s financial performance from period to period by removing the effects of oil price changes on inventory carrying amounts and removing the effects of identified items.
    Adjusted Earnings is defined as income/(loss) attributable to shareholders adjusted for the current cost of supplies and excluding identified items. “Adjusted EBITDA (CCS basis)” is defined as “Income/(loss) for the period” adjusted for current cost of supplies; identified items; tax charge/(credit); depreciation, amortisation and depletion; exploration well write-offs and net interest expense. All items include the non-controlling interest component.
    Cash flow from operating activities excluding working capital movements is a measure used by Shell to analyse its operating cash generation over time excluding the timing effects of changes in inventories and operating receivables and payables from period to period. Working capital movements are defined as the sum of the following items in the Consolidated Statement of Cash Flows: (i) (increase)/decrease in inventories, (ii) (increase)/decrease in current receivables, and (iii) increase/(decrease) in current payables. Cash capital expenditure is the sum of the following lines from the Consolidated Statement of Cash flows: Capital expenditure, Investments in joint ventures and associates and Investments in equity securities. Net debt is defined as the sum of current and non-current debt, less cash and cash equivalents, adjusted for the fair value of derivative financial instruments used to hedge foreign exchange and interest rate risks relating to debt, and associated collateral balances. Underlying operating expenses is a measure of Shell’s cost management performance and aimed at facilitating a comparative understanding of performance from period to period by removing the effects of identified items, which, either individually or collectively, can cause volatility, in some cases driven by external factors. Underlying operating expenses comprises the following items from the Consolidated statement of Income: production and manufacturing expenses; selling, distribution and administrative expenses; and research and development expenses and removes the effects of identified items such as redundancy and restructuring charges or reversals, provisions or reversals and others.

    We are unable to provide a reconciliation of these forward-looking non-GAAP measures to the most comparable GAAP financial measures because certain information needed to reconcile those non-GAAP measures to the most comparable GAAP financial measures is dependent on future events some of which are outside the control of Shell, such as oil and gas prices, interest rates and exchange rates. Moreover, estimating such GAAP measures with the required precision necessary to provide a meaningful reconciliation is extremely difficult and could not be accomplished without unreasonable effort. Non-GAAP measures in respect of future periods which cannot be reconciled to the most comparable GAAP financial measure are calculated in a manner which is consistent with the accounting policies applied in Shell plc’s consolidated financial statements.
    The contents of websites referred to in this announcement do not form part of this announcement.

    We may have used certain terms, such as resources, in this announcement that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC.  Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov.

    LEI number of Shell plc: 21380068P1DRHMJ8KU70

    The MIL Network

  • MIL-OSI: Sterling Trading Tech wins Best Listed Derivatives Trading Platform in APAC

    Source: GlobeNewswire (MIL-OSI)

    Chicago , July 07, 2025 (GLOBE NEWSWIRE) — Sterling Trading Tech (Sterling), a leading provider of professional trading technology solutions, today announced that its trading platform has been named Best Listed Derivatives Trading Platform in the 2025 A-Team Capital Markets Technology Awards APAC.

    The award recognizes Sterling’s continued innovation in listed derivatives technology, with a focus on equities and options. Designed to meet the demands of fast-moving markets, Sterling’s trading platforms deliver the speed, flexibility, and control required by institutional and professional traders across the APAC region.

    Sterling supports access to U.S. markets through a high-performance, broker-neutral platform that includes advanced order types, real-time risk controls, and intuitive multi-asset functionality- all tailored for active equity and options trading.

    Said Jen Nayar, President & CEO of Sterling Trading Tech: “This award highlights our commitment to providing powerful, stable, and accessible trading platforms to firms across APAC, as interest in U.S. equity and options trading continues to rise in the region, we’re proud to support our clients with the tools they need to compete effectively and with confidence.”

    The A-Team Capital Markets Technology Awards APAC celebrate excellence in trading and data technology across the Asia-Pacific institutional trading community. Winners are determined by industry votes and a panel of independent experts.

    – END –

    About Sterling Trading Tech
    Sterling Trading Tech (Sterling) is a leading provider of professional trading technology solutions for the global equities, equity options, futures, fixed income, mutual funds, FX, and crypto markets. With over 100 clients across more than 20 countries, Sterling delivers fast, reliable platforms tailored to the needs of brokers, clearing firms, and proprietary trading groups. Sterling is committed to innovation, stability, and exceptional client service. For more information, please visit www.sterlingtradingtech.com.

    Media Contact:
    Magdalena Mayer
    magdalena.mayer@sterlingtradingtech.com
     (312) 346-9600

    The MIL Network

  • MIL-OSI: Mastercard collaborates with Eastern Bank PLC and IDEX Biometrics to launch its global first biometric metal credit card in Bangladesh

    Source: GlobeNewswire (MIL-OSI)

    The new card combines cutting-edge biometric authentication with the sophistication of a metal design, offering both enhanced security and premium user experience for cardholders.

    Dhaka, Bangladesh, 7th July 2025: Mastercard has collaborated with Eastern Bank PLC to introduce its first biometric metal credit card, marking a significant leap forward in Bangladesh’s payment technology landscape. As part of the ultra-premium World Elite Mastercard portfolio, this innovative card combines cutting-edge biometric authentication with the sophistication of a metal design, offering both enhanced security and premium user experience. Co-powered by IDEX Biometrics, Kona I, and Infineon Technologies, the launch reflects a shared commitment to driving secure, seamless, and future-ready payment experiences in the country.

    The new card will empower Mastercard cardholders to authenticate in-store purchases effortlessly using just their fingerprint—eliminating the need for PINs or signatures. Leveraging advanced biometric technology, it’ll ensure that only the authorized user can complete the transaction, safeguarding sensitive financial data and setting a new benchmark for secure, premium payment experiences.

    With cardholder data securely stored directly on the card, transactions will be authenticated through the user’s fingerprint—adding a powerful layer of protection against fraud. One of the most user-friendly features of the new card will be its seamless enrollment process—cardholders can conveniently register their fingerprint from the comfort of home using a kit provided by the bank.

    Enhancing its security credentials further, the card will be equipped with Mastercard Identity Theft Protection, a robust feature that continuously scans the web for signs of identity fraud, offering cardholders proactive and comprehensive protection.

    Ali Reza Iftekhar, Managing Director & CEO, Eastern Bank PLC, said, “Eastern Bank PLC is pioneering the payment landscape in Bangladesh, confirming its leadership and innovation positioning. This IDEX Biometrics solution will provide a first-class payment experience and a new payment standard, powering secure contactless transactions in the country.”

    Syed Mohammad Kamal, Country Manager, Bangladesh, Mastercard, said, “Mastercard is delighted to collaborate with Eastern Bank PLC to launch its first biometric metal card in Bangladesh. This groundbreaking innovation reaffirms Mastercard’s leadership in redefining the future of payments—where cutting-edge security meets seamless convenience. By embedding fingerprint authentication into a sleek metal card, Mastercard has set a new benchmark for premium cardholders who demand both sophistication and safety. Beyond its advanced technology, the World Elite Mastercard credit card will unlock a host of exclusive privileges, delivering an elevated experience that reflects the evolving expectations of today’s discerning consumers.”

    Anders Storbraten, CEO, IDEX Biometrics, said, “We are excited that the IDEX Biometrics technology is part of this major milestone for the industry. This is a big win for customers, who can benefit from secure, seamless and highly innovative payment solutions. The biometric metal card from EBL brings it all together.”

    Tolgahan Yildiz, Head of Trusted Mobile Connectivity and Transactions Product Line, Infineon Technologies, said, With our ongoing commitment to the smart card market and investment in innovation, we’re proud to enable the launch of this biometric metal card solution.”

    This exclusive World Elite Mastercard credit card will also unlock a host of premium privileges through Mastercard’s Priceless Specials platform, such as:

    • A complimentary one-night stay at luxury hotels
    • A free gourmet meal at top restaurants across Asia Pacific
    • Exclusive rooftop dining at CÉ LA VI, Marina Bay Sands, Singapore, plus a SG$100 voucher
    • Access to over 46 premium golf clubs, including TPC® courses operated by the PGA TOUR

    The new card will also enable additional perks for cardholders, including:

    • Global data roaming with Flexiroam
    • Discounted car rentals from Hertz
    • USD 1,000 off Uniworld river cruises
    • Fast-track elite memberships with hotel loyalty programs like GHA DISCOVERY, HoteLux, Wyndham Rewards, and I Prefer

    Further, cardholders will gain access to exclusive and specially curated experiences through Mastercard’s globally renowned Priceless platform. They will also be able to enjoy complimentary access to over 1,300 airport lounges worldwide through Mastercard’s LoungeKey program, along with access to select domestic lounges—ensuring comfort and convenience wherever they travel.

    To elevate the experience even further, a 24/7 concierge service will be available to cardholders, ensuring seamless assistance and effortless access to the finest experiences around the globe—from last-minute reservations to curated travel recommendations.

    Enclosed: Photos of the card, the launch advertisement and the representatives of the companies collaborating to create and launch the card.

    About IDEX Biometrics

    IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market.

    For more information, please visit www.idexbiometrics.com or contact ir@idexbiometrics.com

    About Mastercard

    Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a resilient economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

    For more information, please visit www.mastercard.com

    About Eastern Bank PLC

    A game changer in Bangladesh’s fast growing financial sector, the success of EASTERN BANK PLC comes from its continuous effort to innovate products and services, its commitment to offer service excellence and passion for performance. With a sound asset quality, strong liquidity, adequate capital coverage and good corporate governance, EASTERN BANK PLC is a symbol of stability in Bangladesh Financial Market. EASTERN BANK PLC has been known for its consistent and sustainable growth over the past 30 years and is being acclaimed for its customer-focus approach. EASTERN BANK PLC is committed to remain a strong partner in accelerating Bangladesh’s journey to a trillion-dollar economy by 2040.

    For more information, please visit www.Eastern Bank PLC.com.bd

    About Infineon

    Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The Company had around 58,060 employees worldwide (end of September 2024) and generated revenue of about €15 billion in the 2024 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY).

    For more information, please visit www.infineon.com

    Trademark Statement
    IDEX, IDEX Biometrics and the IDEX logo are trademarks owned by IDEX Biometrics ASA. All other brands or product names are the property of their respective holders.

    About this notice
    This notice was issued by Erling Svela, Vice president of finance, on 7 July 2025 at 08:00 CET on behalf of IDEX Biometrics ASA.

    Attachments

    The MIL Network

  • MIL-OSI: Lightchain AI Concludes 15 Presale Phases and Launches Bonus Round With Developer Grant Program

    Source: GlobeNewswire (MIL-OSI)

    SHREWSBURY, United Kingdom, July 07, 2025 (GLOBE NEWSWIRE) — Lightchain AI, a blockchain infrastructure project focused on AI-native applications, has completed all 15 presale phases without delays and is now entering its Bonus Round. The project has raised $21 million to date, with tokens continuing to be available at a fixed price of $0.007.

    In parallel with the Bonus Round launch, Lightchain AI has announced a major update to its tokenomics. The original 5% team allocation has been removed and reallocated to developer grant and protocol development programs. This shift enables the creation of a $150,000 grant pool for builders, which will provide milestone-based funding, technical support, and visibility within the Lightchain ecosystem.

    “The completion of all 15 phases on schedule and the Bonus Round launch are key moments for the project,” said a Lightchain AI spokesperson. “We’re aligning resources toward builders and long-term development to create the infrastructure needed for scalable decentralized AI.”

    Lightchain AI features a sharded Layer 1 architecture designed for high-throughput AI processing. The network supports parallelized computation, dynamic gas pricing, and compatibility with Ethereum-based tools. These components are intended to power real-time decentralized AI applications such as inference engines, model marketplaces, and agent coordination systems.

    The Bonus Round marks the final phase of Lightchain AI’s presale ahead of its next technical milestone: testnet launch in Q3 2025. Token buyers can participate via the official platform using Ethereum (ETH) or Tether (USDT) on the ERC-20 network.

    About Lightchain AI
    Lightchain AI is a Layer 1 blockchain purpose-built to support AI workloads and decentralized computation. Its architecture emphasizes parallel execution, low latency, and support for AI-native smart contracts. The platform is currently conducting its Bonus Round offering after completing 15 presale phases and raising $21 million in preparation for testnet launch.

    For more information:
    Website: https://lightchain.ai
    Whitepaper: https://lightchain.ai/lightchain-whitepaper.pdf
    Telegram: https://t.me/LightchainProtocol
    X (Twitter): https://x.com/LightchainAI

    Contact:
    SHAJAN SKARIA
    media@lightchain.ai

    Disclaimer: This content is provided by Lightchain AI. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d8659015-cc73-4196-8efe-73201d61bb33

    The MIL Network

  • MIL-OSI: Roof Financing from 50KLoans: Access New Roof Financing and Roof Financing Near Me, Good or Bad Credit Welcome

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, July 07, 2025 (GLOBE NEWSWIRE) — 50KLoans, a trusted leader in online personal loan matching, has announced the nationwide launch of a comprehensive roof financing solution for homeowners seeking roof replacement financing regardless of credit history. The new service aims to bridge the gap for families and individuals who need a new roof but may be challenged by upfront costs or less-than-perfect credit.

    As the demand for affordable and flexible roof financing options grows, 50KLoans connects borrowers to a vast network of roofing companies that offer financing and lenders specializing in roofing loans. Homeowners can now access new roof financing from $500 up to $50,000, with repayment terms extending up to 10 years and APRs ranging from 5.99% to 35.99%.

    Check your new Roof Financing Options >>

    Making Roof Financing Accessible to All Credit Types

    50KLoans new roofing financing platform is designed for anyone facing urgent repair or replacement needs, including:

    • Homeowners with good, fair, or bad credit
    • Families dealing with storm damage or aging roofs
    • First-time buyers seeking roof financing options as part of a home improvement plan
    • Property investors looking to upgrade multiple properties with roofing companies that finance

    Key Features & Benefits

    • All Credit Scores Welcome: Access roof finance solutions even with bad credit—no minimum score required.
    • Fast, Simple Process: One quick online form matches applicants with reputable lenders and roofing companies that offer financing.
    • Flexible Loan Amounts: Borrow between $500 and $50,000 for roof replacement financing and repairs.
    • Extended Repayment Terms: Pay back over up to 10 years, easing the burden of large upfront costs.
    • No Hidden Fees: Transparent terms from a network of trusted partners.

    How It Works: Step-by-Step Application for Roofing Financing

    1. Submit a Request: Visit 50kLoans.com and select the roof financing amount you need.
    2. Get Matched Instantly: The system matches you with top lenders and roofing companies that finance based on your profile.
    3. Review Offers: Compare rates, repayment terms, and conditions for each roofing loan offer.
    4. Choose & Connect: Select your preferred offer and connect directly with the lender or roofing company that offers financing.
    5. Receive Funds or Schedule Work: Funds are typically transferred electronically within one business day, or the roofing project can be scheduled directly through participating partners.

    Types of Roof Financing Near Me Options Available from 50kLoans

    • Unsecured Personal Loans for roof replacement or repairs
    • Specialty Roofing Loans through partnered roofing companies that finance directly
    • Flexible Installment Loans for large-scale or urgent projects

    Frequently Asked Questions

    Q: Can I get roof financing with bad credit?
    A: Yes, all credit scores are considered. Approval depends on the lender’s criteria.

    Q: Are roofing companies that offer financing available in my area?
    A: 50KLoans partners with a wide network of providers—most areas are covered.

    Q: How soon can I get new roof financing?
    A: Most offers are made instantly online, and funds are available as quickly as the next business day.

    Q: What are typical repayment terms?
    A: Repayment terms range up to 10 years, with competitive APRs from 5.99% to 35.99%.

    Media Contact
    Mukesh Bhardwaj
    Email: mukesh@paydayventures.com

    Disclaimer: 50KLoans is not a lender and does not make credit decisions. Approval, rates, and terms for roof financing are determined by third-party lenders or roofing companies based on applicant eligibility.

    The MIL Network

  • MIL-OSI: MassMutual Ventures and Crane Venture Partners announce expanded partnership

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, LONDON and SINGAPORE, July 07, 2025 (GLOBE NEWSWIRE) — MassMutual Ventures (MMV) and Crane Venture Partners announced today that they have entered into an agreement for Crane to administer MMV’s Europe and Asia-Pacific (APAC) funds, totaling $450 million and including 40 portfolio companies. MassMutual Ventures has been a minority investor in Crane since 2018 as well as an anchor investor in all Crane funds.

    “This agreement marks the next evolution in MassMutual Ventures’ longstanding relationship with the Crane team that was established seven years ago,” said Doug Russell, Managing Director and Head of MassMutual Ventures. “Crane’s unwavering focus on founders and vast network and expertise will be invaluable for both current and future portfolio companies in Europe and APAC. We look forward to continuing to work with Crane in this new capacity, leveraging the strengths and capabilities of both of our organizations.”

    MMV will continue to manage its existing portfolio of over 60 companies based in North America and Israel and invest in new companies through its Boston-based MMV US and MMV Climate Tech Fund teams.

    “We’ve always believed that early conviction and long-term commitment are the keys to venture success. This expanded partnership is a massive vote of confidence in our approach—and in the founders we have and will continue to back,” said Krishna Visvanathan, Co-founder and Partner at Crane. “We’re proud to take the next step with MassMutual Ventures and build an even stronger bridge for global ambition across Europe and Asia-Pacific.”

    As part of the transaction, which is expected to close later this year pending satisfactory completion of customary conditions, Crane Venture Partners will oversee all existing Europe and APAC investments as well as manage all new Europe and APAC investments, with MMV continuing to hold positions in all existing portfolio companies.

    About MassMutual Ventures
    MassMutual Ventures (MMV) is a multistage venture capital firm investing globally in financial technology, enterprise SaaS, healthtech, climate technology and cybersecurity companies. We help accelerate the growth of the companies we partner with by providing capital, connections and advice. With our deep expertise and extensive network, MMV helps entrepreneurs build compelling and scalable companies of value. For more information, visit www.massmutualventures.com.

    About Crane Venture Partners

    Crane makes high-conviction investments in foundational technologies at the earliest stages, backing ambitious founders from inception through seed. Our commitment extends beyond initial funding—we remain deeply involved as trusted partners, offering hands-on support through critical company-building moments and helping founders refine go-to-market strategies and scale globally. 

    Since 2015, we’ve backed category-defining companies across post-quantum security, robotics, infrastructure software, developer tools, and AI systems. With a global perspective spanning the UK, Europe, the US, Israel and Asia-Pacific, we help exceptional founders build companies that redefine what’s possible. First to believe. Last to leave. For more, visit www.crane.vc

    The MIL Network

  • MIL-OSI: MassMutual Ventures and Crane Venture Partners announce expanded partnership

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, LONDON and SINGAPORE, July 07, 2025 (GLOBE NEWSWIRE) — MassMutual Ventures (MMV) and Crane Venture Partners announced today that they have entered into an agreement for Crane to administer MMV’s Europe and Asia-Pacific (APAC) funds, totaling $450 million and including 40 portfolio companies. MassMutual Ventures has been a minority investor in Crane since 2018 as well as an anchor investor in all Crane funds.

    “This agreement marks the next evolution in MassMutual Ventures’ longstanding relationship with the Crane team that was established seven years ago,” said Doug Russell, Managing Director and Head of MassMutual Ventures. “Crane’s unwavering focus on founders and vast network and expertise will be invaluable for both current and future portfolio companies in Europe and APAC. We look forward to continuing to work with Crane in this new capacity, leveraging the strengths and capabilities of both of our organizations.”

    MMV will continue to manage its existing portfolio of over 60 companies based in North America and Israel and invest in new companies through its Boston-based MMV US and MMV Climate Tech Fund teams.

    “We’ve always believed that early conviction and long-term commitment are the keys to venture success. This expanded partnership is a massive vote of confidence in our approach—and in the founders we have and will continue to back,” said Krishna Visvanathan, Co-founder and Partner at Crane. “We’re proud to take the next step with MassMutual Ventures and build an even stronger bridge for global ambition across Europe and Asia-Pacific.”

    As part of the transaction, which is expected to close later this year pending satisfactory completion of customary conditions, Crane Venture Partners will oversee all existing Europe and APAC investments as well as manage all new Europe and APAC investments, with MMV continuing to hold positions in all existing portfolio companies.

    About MassMutual Ventures
    MassMutual Ventures (MMV) is a multistage venture capital firm investing globally in financial technology, enterprise SaaS, healthtech, climate technology and cybersecurity companies. We help accelerate the growth of the companies we partner with by providing capital, connections and advice. With our deep expertise and extensive network, MMV helps entrepreneurs build compelling and scalable companies of value. For more information, visit www.massmutualventures.com.

    About Crane Venture Partners

    Crane makes high-conviction investments in foundational technologies at the earliest stages, backing ambitious founders from inception through seed. Our commitment extends beyond initial funding—we remain deeply involved as trusted partners, offering hands-on support through critical company-building moments and helping founders refine go-to-market strategies and scale globally. 

    Since 2015, we’ve backed category-defining companies across post-quantum security, robotics, infrastructure software, developer tools, and AI systems. With a global perspective spanning the UK, Europe, the US, Israel and Asia-Pacific, we help exceptional founders build companies that redefine what’s possible. First to believe. Last to leave. For more, visit www.crane.vc

    The MIL Network

  • MIL-OSI: MassMutual Ventures and Crane Venture Partners announce expanded partnership

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, LONDON and SINGAPORE, July 07, 2025 (GLOBE NEWSWIRE) — MassMutual Ventures (MMV) and Crane Venture Partners announced today that they have entered into an agreement for Crane to administer MMV’s Europe and Asia-Pacific (APAC) funds, totaling $450 million and including 40 portfolio companies. MassMutual Ventures has been a minority investor in Crane since 2018 as well as an anchor investor in all Crane funds.

    “This agreement marks the next evolution in MassMutual Ventures’ longstanding relationship with the Crane team that was established seven years ago,” said Doug Russell, Managing Director and Head of MassMutual Ventures. “Crane’s unwavering focus on founders and vast network and expertise will be invaluable for both current and future portfolio companies in Europe and APAC. We look forward to continuing to work with Crane in this new capacity, leveraging the strengths and capabilities of both of our organizations.”

    MMV will continue to manage its existing portfolio of over 60 companies based in North America and Israel and invest in new companies through its Boston-based MMV US and MMV Climate Tech Fund teams.

    “We’ve always believed that early conviction and long-term commitment are the keys to venture success. This expanded partnership is a massive vote of confidence in our approach—and in the founders we have and will continue to back,” said Krishna Visvanathan, Co-founder and Partner at Crane. “We’re proud to take the next step with MassMutual Ventures and build an even stronger bridge for global ambition across Europe and Asia-Pacific.”

    As part of the transaction, which is expected to close later this year pending satisfactory completion of customary conditions, Crane Venture Partners will oversee all existing Europe and APAC investments as well as manage all new Europe and APAC investments, with MMV continuing to hold positions in all existing portfolio companies.

    About MassMutual Ventures
    MassMutual Ventures (MMV) is a multistage venture capital firm investing globally in financial technology, enterprise SaaS, healthtech, climate technology and cybersecurity companies. We help accelerate the growth of the companies we partner with by providing capital, connections and advice. With our deep expertise and extensive network, MMV helps entrepreneurs build compelling and scalable companies of value. For more information, visit www.massmutualventures.com.

    About Crane Venture Partners

    Crane makes high-conviction investments in foundational technologies at the earliest stages, backing ambitious founders from inception through seed. Our commitment extends beyond initial funding—we remain deeply involved as trusted partners, offering hands-on support through critical company-building moments and helping founders refine go-to-market strategies and scale globally. 

    Since 2015, we’ve backed category-defining companies across post-quantum security, robotics, infrastructure software, developer tools, and AI systems. With a global perspective spanning the UK, Europe, the US, Israel and Asia-Pacific, we help exceptional founders build companies that redefine what’s possible. First to believe. Last to leave. For more, visit www.crane.vc

    The MIL Network

  • MIL-OSI: Indosat Ooredoo Hutchison and Nokia partner to reduce energy demand and support AI-powered, sustainable operations

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Indosat Ooredoo Hutchison and Nokia partner to reduce energy demand and support AI-powered, sustainable operations

    • Nokia Energy Efficiency, part of the company’s Autonomous Networks portfolio, will enable Indosat Ooredoo Hutchison to shut idle and unused radio equipment automatically during low network demand periods.
    • The agreement supports Indosat Ooredoo Hutchison’s commitment to sustainability and digital innovation, and its transformation into an AI-powered TechCo, building a smarter, greener, and more inclusive Indonesia.

    7 July 2025
    Espoo, Finland – Indosat Ooredoo Hutchison (Indosat or IOH), Indonesia’s leading digital telecommunications company, has deployed Nokia Energy Efficiency, part of Nokia’s Autonomous Networks portfolio, to reduce energy demand and carbon dioxide emissions across its nationwide radio access network (RAN).

    Using artificial intelligence and machine learning algorithms to analyse real-time traffic patterns, Nokia Energy Efficiency enables Indosat to adjust or shut idle and unused radio equipment automatically during low network demand periods. The solution, engineered with intelligent thermal management to cut network cooling energy needs, is available in a SaaS model that eliminates large up-front capital expenditure and avoids the need to perform on-site software maintenance and updates, contributing to greener network operations.

    The multi-vendor, AI-driven energy management solution can reduce energy costs and carbon footprint with no negative impact on network performance or customer experience. It can be rolled out in a matter of weeks.

    The initiative marks another critical step in Indosat’s broader transformation journey—from a conventional telecom operator into an AI TechCo—powered by intelligent technologies, cloud-based platforms, and a commitment to sustainability. By embedding automation and intelligence into network operations, Indosat is unlocking new levels of efficiency, agility, and environmental responsibility across its infrastructure.

    “As data consumption continues to grow, so does our responsibility to manage resources wisely. This collaboration reflects Indosat’s unwavering commitment to environmental stewardship and sustainable innovation, using AI to not only optimize performance, but also reduce emissions and energy use across our network.” said Desmond Cheung, Director and Chief Technology Officer, Indosat Ooredoo Hutchison.

    Indosat’s commitment to sustainability has already earned it regional recognition. It was the first operator in Southeast Asia to achieve ISO 50001 certification for energy management—underscoring its pledge to minimize environmental impact through operational excellence. The collaboration with Nokia builds upon a successful pilot project, in which the AI-powered solution demonstrated its ability to reduce energy consumption in live network conditions.

    Following the pilot project, Nokia deployed its Energy Efficiency solution to the entire Nokia RAN footprint in Sumatra, Kalimantan, Central and East Java.

    “We are very pleased to be helping Indosat deliver on its commitments to sustainability and environmental responsibility, establishing its position both locally and internationally. Nokia Energy Efficiency reflects the important R&D investments that Nokia continues to make to help our customers optimize energy savings and network performance simultaneously,” said Henrique Vale, Vice President, Cloud and Network Services, APAC, Nokia.

    Nokia’s Autonomous Networks portfolio, including its Autonomous Networks Fabric solution, utilizes Agentic AI to deliver advanced security, analytics, and operations capabilities that provide operators with a holistic, real-time view of the network so they can reduce costs, accelerate time-to-value, and deliver the best customer experience.

    Autonomous Networks Fabric is a unifying intelligence layer that weaves together observability, analytics, security, and automation across every network domain; allowing a network to behave as one adaptive system, regardless of vendor, architecture, or deployment model.

    About Nokia
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable, and sustainable networks today – and work with us to create the digital services and applications of the future.

    Media inquiries
    Nokia Press Office
    Email: Press.Services@nokia.com

    Follow us on social media
    LinkedInXInstagramFacebookYouTube  

    The MIL Network

  • MIL-OSI: Indosat Ooredoo Hutchison and Nokia partner to reduce energy demand and support AI-powered, sustainable operations

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Indosat Ooredoo Hutchison and Nokia partner to reduce energy demand and support AI-powered, sustainable operations

    • Nokia Energy Efficiency, part of the company’s Autonomous Networks portfolio, will enable Indosat Ooredoo Hutchison to shut idle and unused radio equipment automatically during low network demand periods.
    • The agreement supports Indosat Ooredoo Hutchison’s commitment to sustainability and digital innovation, and its transformation into an AI-powered TechCo, building a smarter, greener, and more inclusive Indonesia.

    7 July 2025
    Espoo, Finland – Indosat Ooredoo Hutchison (Indosat or IOH), Indonesia’s leading digital telecommunications company, has deployed Nokia Energy Efficiency, part of Nokia’s Autonomous Networks portfolio, to reduce energy demand and carbon dioxide emissions across its nationwide radio access network (RAN).

    Using artificial intelligence and machine learning algorithms to analyse real-time traffic patterns, Nokia Energy Efficiency enables Indosat to adjust or shut idle and unused radio equipment automatically during low network demand periods. The solution, engineered with intelligent thermal management to cut network cooling energy needs, is available in a SaaS model that eliminates large up-front capital expenditure and avoids the need to perform on-site software maintenance and updates, contributing to greener network operations.

    The multi-vendor, AI-driven energy management solution can reduce energy costs and carbon footprint with no negative impact on network performance or customer experience. It can be rolled out in a matter of weeks.

    The initiative marks another critical step in Indosat’s broader transformation journey—from a conventional telecom operator into an AI TechCo—powered by intelligent technologies, cloud-based platforms, and a commitment to sustainability. By embedding automation and intelligence into network operations, Indosat is unlocking new levels of efficiency, agility, and environmental responsibility across its infrastructure.

    “As data consumption continues to grow, so does our responsibility to manage resources wisely. This collaboration reflects Indosat’s unwavering commitment to environmental stewardship and sustainable innovation, using AI to not only optimize performance, but also reduce emissions and energy use across our network.” said Desmond Cheung, Director and Chief Technology Officer, Indosat Ooredoo Hutchison.

    Indosat’s commitment to sustainability has already earned it regional recognition. It was the first operator in Southeast Asia to achieve ISO 50001 certification for energy management—underscoring its pledge to minimize environmental impact through operational excellence. The collaboration with Nokia builds upon a successful pilot project, in which the AI-powered solution demonstrated its ability to reduce energy consumption in live network conditions.

    Following the pilot project, Nokia deployed its Energy Efficiency solution to the entire Nokia RAN footprint in Sumatra, Kalimantan, Central and East Java.

    “We are very pleased to be helping Indosat deliver on its commitments to sustainability and environmental responsibility, establishing its position both locally and internationally. Nokia Energy Efficiency reflects the important R&D investments that Nokia continues to make to help our customers optimize energy savings and network performance simultaneously,” said Henrique Vale, Vice President, Cloud and Network Services, APAC, Nokia.

    Nokia’s Autonomous Networks portfolio, including its Autonomous Networks Fabric solution, utilizes Agentic AI to deliver advanced security, analytics, and operations capabilities that provide operators with a holistic, real-time view of the network so they can reduce costs, accelerate time-to-value, and deliver the best customer experience.

    Autonomous Networks Fabric is a unifying intelligence layer that weaves together observability, analytics, security, and automation across every network domain; allowing a network to behave as one adaptive system, regardless of vendor, architecture, or deployment model.

    About Nokia
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable, and sustainable networks today – and work with us to create the digital services and applications of the future.

    Media inquiries
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    Email: Press.Services@nokia.com

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  • MIL-OSI: Indosat Ooredoo Hutchison and Nokia partner to reduce energy demand and support AI-powered, sustainable operations

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Indosat Ooredoo Hutchison and Nokia partner to reduce energy demand and support AI-powered, sustainable operations

    • Nokia Energy Efficiency, part of the company’s Autonomous Networks portfolio, will enable Indosat Ooredoo Hutchison to shut idle and unused radio equipment automatically during low network demand periods.
    • The agreement supports Indosat Ooredoo Hutchison’s commitment to sustainability and digital innovation, and its transformation into an AI-powered TechCo, building a smarter, greener, and more inclusive Indonesia.

    7 July 2025
    Espoo, Finland – Indosat Ooredoo Hutchison (Indosat or IOH), Indonesia’s leading digital telecommunications company, has deployed Nokia Energy Efficiency, part of Nokia’s Autonomous Networks portfolio, to reduce energy demand and carbon dioxide emissions across its nationwide radio access network (RAN).

    Using artificial intelligence and machine learning algorithms to analyse real-time traffic patterns, Nokia Energy Efficiency enables Indosat to adjust or shut idle and unused radio equipment automatically during low network demand periods. The solution, engineered with intelligent thermal management to cut network cooling energy needs, is available in a SaaS model that eliminates large up-front capital expenditure and avoids the need to perform on-site software maintenance and updates, contributing to greener network operations.

    The multi-vendor, AI-driven energy management solution can reduce energy costs and carbon footprint with no negative impact on network performance or customer experience. It can be rolled out in a matter of weeks.

    The initiative marks another critical step in Indosat’s broader transformation journey—from a conventional telecom operator into an AI TechCo—powered by intelligent technologies, cloud-based platforms, and a commitment to sustainability. By embedding automation and intelligence into network operations, Indosat is unlocking new levels of efficiency, agility, and environmental responsibility across its infrastructure.

    “As data consumption continues to grow, so does our responsibility to manage resources wisely. This collaboration reflects Indosat’s unwavering commitment to environmental stewardship and sustainable innovation, using AI to not only optimize performance, but also reduce emissions and energy use across our network.” said Desmond Cheung, Director and Chief Technology Officer, Indosat Ooredoo Hutchison.

    Indosat’s commitment to sustainability has already earned it regional recognition. It was the first operator in Southeast Asia to achieve ISO 50001 certification for energy management—underscoring its pledge to minimize environmental impact through operational excellence. The collaboration with Nokia builds upon a successful pilot project, in which the AI-powered solution demonstrated its ability to reduce energy consumption in live network conditions.

    Following the pilot project, Nokia deployed its Energy Efficiency solution to the entire Nokia RAN footprint in Sumatra, Kalimantan, Central and East Java.

    “We are very pleased to be helping Indosat deliver on its commitments to sustainability and environmental responsibility, establishing its position both locally and internationally. Nokia Energy Efficiency reflects the important R&D investments that Nokia continues to make to help our customers optimize energy savings and network performance simultaneously,” said Henrique Vale, Vice President, Cloud and Network Services, APAC, Nokia.

    Nokia’s Autonomous Networks portfolio, including its Autonomous Networks Fabric solution, utilizes Agentic AI to deliver advanced security, analytics, and operations capabilities that provide operators with a holistic, real-time view of the network so they can reduce costs, accelerate time-to-value, and deliver the best customer experience.

    Autonomous Networks Fabric is a unifying intelligence layer that weaves together observability, analytics, security, and automation across every network domain; allowing a network to behave as one adaptive system, regardless of vendor, architecture, or deployment model.

    About Nokia
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable, and sustainable networks today – and work with us to create the digital services and applications of the future.

    Media inquiries
    Nokia Press Office
    Email: Press.Services@nokia.com

    Follow us on social media
    LinkedInXInstagramFacebookYouTube  

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