Category: GlobeNewswire

  • MIL-OSI: Company announcement for the first quarter of 2025

    Source: GlobeNewswire (MIL-OSI)

    To NASDAQ Copenhagen A/S

                                                                                                                     7 May 2025
                                                                                                                     Announcement No. 39/2025

    Company announcement for the first quarter of 2025

    On May 7, 2025, the Supervisory Board has approved the company announcement for the first quarter of 2025 for Jyske Realkredit A/S.

    Please see attached file.

    Yours sincerely,
    Jyske Realkredit A/S

    Carsten Tirsbæk Madsen
    CEO

    Direct phone (+45) 89 89 90 50
    E-mail: ctm@jyskerealkredit.dk

    Web: jyskerealkredit.dk

    Please observe that the Danish version of this announcement prevails.

    Attached files:
    Company Announcement Q1 2025 for Jyske Realkredit.pdf

    Attachment

    The MIL Network

  • MIL-OSI: OP Financial Group’s Interim Report for 1 January–31 March 2025: OP Financial Group reports a good first quarter in an uncertain operating environment

    Source: GlobeNewswire (MIL-OSI)

    OP Financial Group
    Interim Report 1 January–31 March 2025
    Stock Exchange Release 7 May 2025 9.00 am EEST

    OP Financial Group’s Interim Report for 1 January–31 March 2025: OP Financial Group reports a good first quarter in an uncertain operating environment

    • Operating profit decreased by 31% to EUR 423 million (618).
    • Net interest income decreased by 11% to EUR 631 million (709). Insurance service result was EUR 2 million (-10) and net commissions and fees were EUR 206 million (205). Income from customer business, that is, net interest income, insurance service result and net commissions and fees, decreased by a total of 7% to EUR 839 million (904).
    • Impairment loss on receivables reversed came to EUR 24 million (-39), representing -0.10% of the loan and guarantee portfolio (0.15).
    • Investment income decreased by 88% to EUR 19 million (151).
    • Total expenses grew by 10% to EUR 590 million (537). The cost/income ratio weakened to 60% (45).
    • In the year to March, the loan portfolio grew by 1% to EUR 99.1 billion (98.4). Deposits increased by 5% to EUR 77.5 billion (73.6).
    • The CET1 ratio was 20.0% (21.5), which exceeds the minimum regulatory requirement by 6.9 percentage points. The changes in the collateral management process decreased capital adequacy. The changes in the EU Capital Requirements Regulation (CRR3), which took effect on 1 January 2025, caused a slight reduction in the capital adequacy of OP Financial Group.
    • The Retail Banking segment’s operating profit decreased by 23% to EUR 291 million (379). Net interest income decreased by 17% to EUR 464 million (558). Impairment loss on receivables reversed came to EUR 26 million (-27). Net commissions and fees increased by 2% to EUR 190 million (187). The cost/income ratio weakened to 60% (46). In the year to March, the loan portfolio grew by 0.4% to EUR 71.0 billion (70.6). Deposits increased by 4% to EUR 64.0 billion (61.8). Assets under management grew by 6% to EUR 94.4 billion (89.4).
    • Corporate Banking segment’s operating profit grew by 13% to EUR 145 million (129). Net interest income decreased by 0.5% to EUR 165 million (166). Impairment loss on receivables decreased by 89% to EUR 1 million (12). Net commissions and fees decreased by 10% to EUR 21 million (23). The cost/income ratio was 33% (32). In the year to March, the loan portfolio grew by 1% to EUR 28.2 billion (27.8). Deposits increased 14% by to EUR 14.2 billion (12.5). 
    • The Insurance segment’s operating loss was EUR -14 million (118). The insurance service result grew to EUR 2 million (-10). Investment income fell to EUR -17 million (129). The combined ratio reported by non-life insurance improved to 99.5% (108.9).
    • Group Functions’ operating profit was EUR 23 million (-5). Net interest income grew to EUR 2 million (-6).
    • OP Financial Group increased the OP bonuses to be earned by owner-customers for 2025 by 40% compared to the normal level of 2022. Additionally, owner-customers get daily banking services without monthly charges in 2025. Together, these benefits added up to EUR 104 million in value for owner-customers during the reporting period.
    • Outlook: OP Financial Group’s operating profit for 2025 is expected to be at a good level but lower than that for 2023 and 2024. For more detailed information on the outlook, see “Outlook”.

    OP Financial Group’s key indicators

    € million Q1/2025 Q1/2024 Change, % Q1–4/2024
    Operating profit, € million 423 618 -31.4 2,486
      Retail Banking*** 291 379 -23.4 1,328
      Corporate Banking*** 145 129 12.8 520
      Insurance -14 118 -111.5 578
      Group Functions 23 -5 19
    New OP bonuses accrued to owner-customers, € million -81 -75 7.6 -314
    Total income** 989 1,194 -17.1 4,844
    Total expenses -590 -537 10.0 -2,262
    Cost/income ratio, %*/** 59.7 45.0 14.7 46.7
    Return on equity (ROE), %* 7.5 12.1 -4.5 11.6
    Return on equity, excluding OP bonuses, %* 8.8 13.4 -4.6 13.0
    Return on assets (ROA), %* 0.85 1.25 -0.40 1.24
    Return on assets, excluding OP bonuses, %* 0.99 1.39 -0.39 1.39
      31 Mar 2025 31 Mar 2024 Change, % 31 Dec 2024
    CET1 ratio, %* 20.0 19.6 0.3 21.5
    Loan portfolio, € billion 99.1 98.4 0.7 98.9
    Deposits, € billion 77.5 73.6 5.4 77.7
    Assets under management, € billion**** 94.4 89.4 5.6 93.3
    Ratio of non-performing exposures to exposures, %* 2.48 3.04 -0.56 2.64
    Ratio of impairment loss on receivables to loan and guarantee portfolio, %* -0.10 0.15 -0.25 0.09
    Owner-customers (1,000) 2,121 2,095 1.3 2,115

    Comparatives for the income statement items are based on the corresponding figures in 2024. Unless otherwise specified, figures from 31 December 2024 are used as comparatives for balance-sheet and other cross-sectional items. 
    * Change in ratio, percentage point(s). 
    ** OP bonuses to owner-customers, which were previously shown on a separate line in the income statement, have been divided under the following items based on their accrual: interest income, interest expenses, and commission income from mutual funds. The line ‘OP bonuses to owner-customers’ is no longer shown in the income statement. Comparative information of Q1 2024 has been adjusted accordingly. For more detailed information on the change, see Note 1 to the Half-year Financial Report 1 January–30 June 2024, Accounting policies and changes in accounting policies and presentation.
    *** As of 1 January 2025, OP Asset Management Ltd, OP Fund Management Company Ltd and OP Real Estate Asset Management Ltd, including subsidiaries, are reported as part of the Retail Banking segment. Comparative information of 2024 has been adjusted accordingly. 
    **** The presentation of assets under management was changed at the beginning of 2025. Comparatives have been adjusted to correspond to the current definition.

    Comments by the President and Group Chief Executive Officer:

    Geopolitical tensions and the trade war are making the economic outlook uncertain

    In the first quarter of 2025, the business environment was marked by uncertainty and an exceptionally tense geopolitical situation. The war in Ukraine has continued for more than three years, no solution is in sight for the Middle-East conflict, and the trade war ignited by US tariff rises is creating exceptional uncertainty in the world economy. As the tectonic plates of geopolitics and world trade structures shift, it is difficult to see where they will settle. The golden age of globalisation, which began in the late nineties, already appears to be over for now; free global trade seems unlikely to return to its former course. Mounting trade barriers will slow global growth and increase inflationary pressures.

    Due to the uncertainty, the most recent analyses revise economic forecasts downwards: OP Financial Group’s latest projection envisages GDP growth of 1% in Finland this year. The world economy is expected to grow by only 2.5%, which is a relative slowdown in terms of global growth. However, given the exceptional uncertainty in growth prospects, positive changes in the outlook are also possible.

    Gloomy economic expectations have spurred cuts in interest rates and the markets expect short-term market rates to keep falling in the euro zone. Conversely, long-term rates have risen due to concerns that public debt will continue to rise in the euro zone.

    The uncertainty seems to be dampening consumer confidence and companies’ willingness to invest. Despite this, the housing market continues its gradual recovery.

    The trade war has magnified the unusual volatility in stock market prices. In many markets, the early-year rise in stock prices was wiped out as Q1 ended: in late March, the global equity index was 2.1% lower than at the end of 2024. European share markets defied this trend, rising by 5.2% after the year-end; the Nasdaq Helsinki closed 4.2% higher.

    OP Financial Group performed well, despite the turbulence in capital markets

    Regardless of the challenging business environment, OP Financial Group’s profitability remained high and its operating profit was EUR 423 million. This represents a decrease of 31% compared to the same period in 2024. Our strong profit performance will enable us to continue providing outstanding benefits for our more than 2.1 million owner-customers in 2025. This year again, we will use benefits to help ease the strain on households in economically challenging times. We will pay 40% extra (compared to the normal level of 2022) on OP bonuses earned in 2025 and will not charge our owner-customers monthly fees for daily services throughout the year. Together, these benefits will add up to more than EUR 400 million in value for our owner-customers. Being customer-owned, OP Financial Group will continue to share its financial success through a range of financial and other benefits for owner-customers.

    Strong capital adequacy and excellent liquidity provide security in the uncertain and often unpredictable business environment. At the end of March, OP Financial Group’s CET1 ratio was 20.0%, which exceeds the minimum regulatory requirement by 6.9 percentage points. OP Financial Group is one of the most financially solid large banks in Europe. Furthermore, our liquidity remained excellent. Strong capital adequacy, excellent liquidity and broad trust among customers and other stakeholders are vital for banks and insurance companies, particularly in these uncertain times. All of these are in excellent shape at OP Financial Group.

    Income from OP Financial Group’s business operations was EUR 989 million in January–March, which was 17% less year-on-year. In particular, net interest income fell by 11% due to decreases in market rates. Net commissions and fees were at the same level year-on-year.

    The insurance service result was a EUR 2 million profit, compared to a EUR 10 million loss for Q1 in 2024. This was due to a more favourable claims trend than a year earlier, although the insurance service result for this year’s Q1 was weighed down by growing operating expenses and the poor profitability of health insurance.

    Due to turbulence in the markets, income from investment activities was modest at EUR 19 million, compared to EUR 151 million at the end of March last year.

    Totalling EUR 590 million, OP Financial Group’s expenses were higher by 10% year-on-year, mainly due to rising personnel costs and higher investments in ICT development. At 60%, OP Financial Group’s cost-income ratio clearly deteriorated compared to Q1 2024.

    Of the three business segments, the best performer was Corporate Banking, which had an operating profit of EUR 145 million in January–March, a year-on-year increase of 13%. Despite a 23% decrease, Retail Banking’s operating profit of EUR 291 million was also a good performance. The segment was particularly affected by falling market rates: net interest income decreased by 17%. Due to a poor investment result, the Insurance segment recorded a EUR 14 million operating loss. This compares to the segment’s operating profit of EUR 118 million for Q1 in 2024.

    Both deposit and loan volumes are growing – impairment loss on receivables was exceptionally positive

    The deposit portfolio grew by 5% year-on-year, total deposits being EUR 77.5 billion at the end of March. OP Financial Group’s market share of deposits has been growing markedly over the last couple of years.

    Moreover, its loan portfolio, which grew by around 1% year-on-year, was EUR 99.1 billion: with this, the Group held onto its position as Finland’s leading provider of home loans. The home loan market has shown signs of recovery in recent months: for example, the euro amount of new home loans granted by OP Financial Group in March 2025 was 28% higher than in March 2024. OP’s home loan customers have continued to repay their loans diligently and on schedule. The number of loan modification applications was lower than in the same period in 2024. Year-on-year, the number of corporate loans under special monitoring declined.

    The ratio of non-performing exposures to the loan and guarantee portfolio decreased to 2.5%. Exceptionally, reversals of impairment loss on receivables totalled EUR 24 million in January–March, compared to EUR -39 million recognised for Q1 a year earlier.

    Savings and investments are growing strongly – OP First Investment for babies incentivises long-term investment

    Alongside our aim to coach our customers in making better financial choices, we have focused on making personal financial management easier for them, while enabling and supporting long-term saving and investing. Wealth management is one of our growth focus areas and we aim to make a clear growth leap in this business activity. Despite the volatility on stock markets, our customers retained a strong interest in securing their financial futures and accumulating wealth.

    Customers were interested in systematically investing in funds – they made almost 57,000 new systematic investment agreements with us, which is a 22% increase compared to Q1 in 2024. There are already more than 1.4 million OP mutual fund unitholders. In addition, the number of active equity investors grew by 34%. Reaching almost EUR 94 billion in value, investment assets managed by OP Financial Group grew by 6% compared to January–March 2024.

    OP Financial Group member cooperative banks will make an OP First Investment donation – a EUR 100 investment in the OP-World Index fund – to every baby born in Finland this year. The wellbeing of children and youths is one of OP’s values and part of its approach to corporate responsibility. With OP First Investment, we want to encourage families to engage in systematic, long-term saving and investment. Based on last year’s figures, the estimated aggregate value of OP First Investment donations may exceed EUR 4.3 million. OP First Investment can be received from May 2025, when it will become available for babies born in 2025 (including those born before May).

    The mild winter had a positive impact on claims, but health insurance claims expenditure continued to grow considerably

    Pohjola Insurance’s premiums written grew by 1% compared to the first quarter of last year. Premiums written grew by more than 8% regarding personal customers, but decreased by 2% in the case of corporate customers.

    Pohjola Insurance’s claims expenditure fell by 16% year-on-year. Due to the mild winter, building claims were 36% down and compensation paid for vehicle claims was 2% lower than for Q1 in 2024. On the other hand, health insurance compensation grew by 14% compared to the first three months of last year.

    Compensation was paid for a total of 94% of all claims, which was the same level as a year earlier.

    Use of digital services is still growing – phone number-based payment is becoming more versatile

    Use of digital services grew substantially again. Our personal and corporate customers increasingly use digital channels for banking and insurance. OP-mobile was logged into more than 60 million times in March. The app already has more than 1.7 million active users. Use of OP Aina – which was launched in June last year as a personal assistant for customers using OP-mobile – grew in the first quarter to 1.5 million service interactions. We use OP Aina to provide customers with services that are even more personalised than before and continuously available.

    Siirto Brand Oy, a joint venture between OP and Nordea, began operating: the company provides Finnish solutions for easy and secure payment. With just a phone number, users can make payments to friends or online stores, and a feature for ordering recurring or single e-invoices is planned. These services will expand opportunities to make account-based payments in Finland. Siirto already has 1.5 million registered users.

    A historically large structural change is underway among OP cooperative banks

    New plans were published during the first quarter for mergers between OP cooperative banks around Finland. The mergers announced and decided so far will reduce the number of OP cooperative banks from 93 at the end of 2024 to 54 by the end of 2025. In addition, several projects (both published and unpublished) for mergers between OP cooperative banks are being planned.

    Key drivers of mergers between OP cooperative banks include ensuring that they can provide the most comprehensive, highest quality banking services possible in their operating regions, while keeping pace with the increase in banking regulations.

    In uncertain times, we need pioneers that point the way to futures filled with hope

    OP Financial Group is in excellent shape to support customers in various ways in the uncertain business environment. We want to be a pioneer pointing the way to futures filled with hope in Finnish society – we will pursue this objective through a number of measures this year. An example is our new partnership with the Hive coding school, through which we aim to promote work-based immigration and the training of people from diverse backgrounds for high-level roles in IT. The future success and wellbeing of Finland and its people depend on stepping up work-based immigration and solving the challenges posed by the ageing of society, as Finland’s working-age population decreases.

    My warm thanks to all our customers for the trust they showed in OP Financial Group in early 2025. We aim to continue being worthy of the confidence you place in us. I would also like to thank our employees and governing bodies for their excellent work in the first quarter of 2025.

    Timo Ritakallio
    President and Group CEO


    January–March

    OP Financial Group’s operating profit was EUR 423 million (618), down by 31.4% or EUR 194 million year on year. Income from customer business (net interest income, net commissions and fees and insurance service result) decreased by a total of 7.2% to EUR 839 million (904). The cost/income ratio weakened to 59.7% (45.0). New OP bonuses accrued to owner-customers increased by 7.6% to EUR 81 million.

    As a result of lower market interest rates, net interest income decreased by 11.0% to EUR 631 million. Net interest income reported by the Retail Banking segment decreased by 16.9% to EUR 464 million and that by the Corporate Banking segment decreased by 0.5% to EUR 165 million. OP Financial Group’s loan portfolio grew by 0.7% to EUR 99.1 billion while deposits grew by 5.4% to EUR 77.5 billion, year on year. Household deposits increased by 4.1% year on year, to EUR 49.0 billion. New loans drawn down by customers during the reporting period totalled EUR 6.1 billion (4.5).

    Impairment loss on receivables reversed came to EUR 24 million (-39). Final credit losses totalled EUR 16 million (12). At the end of the reporting period, loss allowance was EUR 784 million (824), of which management overlay accounted for EUR 58 million (77). Non-performing exposures decreased, accounting for 2.5% (3.0) of total exposures. Impairment loss on loans and receivables accounted for -0.10% (0.15) of the loan and guarantee portfolio.

    Net commissions and fees grew by 0.4% to EUR 206 million. Owner-customers’ use of daily banking services has been free of monthly charges since October 2023. Net commissions and fees for payment transfer services increased by EUR 3 million to EUR 58 million, and those for mutual funds by EUR 2 million to EUR 46 million.

    The insurance service result was EUR 2 million (-10). Insurance service result includes EUR 142 million (129) in operating expenses. Non-life insurance net insurance revenue, including the reinsurer’s share, decreased by 1.1% to EUR 419 million. Net claims incurred after the reinsurer’s share decreased by 15.8% to EUR 287 million. The combined ratio reported by non-life insurance improved to 99.5% (108.9).

    Investment income (net investment income, net insurance finance expenses and income from financial assets held for trading) decreased by a total of 87.5% to EUR 19 million. Investment income decreased as a result of the decrease in the value of equity investments and notes and bonds in particular. Net investment income together with net finance income describe investment profitability in the insurance business. The combined return on investments at fair value of OP Financial Group’s insurance companies was -1.1% (2.0).

    Net income from financial assets recognised at fair value through profit or loss, or notes and bonds, shares and derivatives, totalled EUR -448 million (744). Net income from investment contract liabilities totalled EUR 184 million (-359). Net insurance finance expenses totalled EUR 229 million (-250).

    In banking, net income from financial assets held for trading came to EUR 53 million (8) as a result of changes in the value of derivatives.

    Other operating income totalled EUR -11 million (9). A EUR 23 million valuation adjustment in patient insurance policies with full risk for own account decreased other operating income.

    Total expenses grew by 10.0% to EUR 590 million. Personnel costs rose by 9.4% to EUR 280 million. The increase was affected by headcount growth and pay increases. OP Financial Group’s personnel increased by more than 800 year on year. The number of employees increased in areas such as sales, customer service, service development, risk management and compliance. Depreciation/amortisation and impairment loss on PPE and intangible assets decreased by 4.1% to EUR 32 million. Other operating expenses increased by 12.4% to EUR 278 million. ICT costs totalled EUR 139 million (123). Development costs were EUR 101 million (83) and capitalised development expenditure EUR 13 million (14). Charges of financial authorities were EUR 1 million (1). The EU’s Single Resolution Board (SRB) does not collect stability contributions from banks for 2025.

    At EUR 73 million (69), OP bonuses for owner-customers are included in earnings and are divided under the following items based on their accrual: EUR 33 million (35) under interest income, EUR 22 million (19) under interest expenses, EUR 13 million (11) under commission income from mutual funds, and EUR 4 million (4) under the insurance service result.

    Income tax amounted to EUR 85 million (125). The effective tax rate for the reporting period was 20.1% (20.3). Comprehensive income after tax totalled EUR 362 million (509).

    OP Financial Group’s equity amounted to EUR 18.2 billion (18.1). Equity included EUR 3.1 billion (3.3) in Profit Shares, terminated Profit Shares accounting for EUR 0.2 billion (0.4).

    OP Financial Group’s funding position and liquidity are strong. The Group’s LCR was 202% (193) and NSFR was 129% (129).


    OP Cooperative’s Annual Cooperative Meeting

    On 9 April 2025, OP Cooperative held its Annual Cooperative Meeting which elected members of the Supervisory Council, the auditor and the sustainability reporting assurer.

    The Supervisory Council comprises 36 members. The Annual Cooperative Meeting re-elected the following members to the Supervisory Council who were due to resign: Managing Director Jouni Hautala, Lawyer Taija Jurmu, Managing Director Pekka Lehtonen, Vicar Toivo Loikkanen, Managing Director Kari Mäkelä, Chair of the Board of Directors Annukka Nikola, Managing Director Ulf Nylund, Managing Director Teemu Sarhemaa and Managing Director Ari Väänänen.

    New Supervisory Council members elected were entrepreneur Erkki Haavisto, Managing Director Sanna Metsänranta, Managing Director Pertti Purola, Product Manager Sanna Tefke, Director of Rural Administration Hannu Tölli and Managing Director Mikko Vepsäläinen.

    At its reorganising meeting on 9 April 2025, the Supervisory Council elected the Chairs of the Supervisory Council. Chair of the Board of Directors Annukka Nikola was elected as Chair and Lawyer Taija Jurmu and Managing Director Ari Väänänen as Vice Chairs of the Supervisory Council.

    The Annual Cooperative Meeting elected PricewaterhouseCoopers Oy, an audit firm, to act as auditor for the financial year 2025, with APA Lauri Kallaskari as the chief auditor.

    The Annual Cooperative Meeting elected PricewaterhouseCoopers Oy, a sustainability audit firm, to assure OP Financial Group’s sustainability reporting for the financial year 2025, with Tiina Puukkoniemi, ASA, acting as the chief authorised sustainability auditor.


    Outlook

    The global economic outlook has weakened due to increased tariffs and a higher level of uncertainty. The Finnish economy is likely to grow less than previously expected and the outlook is exceptionally uncertain. The escalation of geopolitical crises or a rise in trade barriers may affect capital markets and the economic environment of OP Financial Group and its customers.

    OP Financial Group’s operating profit for 2025 is expected to be at a good level but lower than that for 2023 and 2024.

    The most significant uncertainties affecting OP Financial Group’s earnings performance are associated with developments in the business environment, changes in the interest rate and investment environment, and developments in impairment loss on receivables. Forward-looking statements in this Interim Report expressing the management’s expectations, beliefs, estimates, forecasts, projections and assumptions are based on the current view on developments in the economy, and actual results may differ materially from those expressed in the forward-looking statements.


    Press conference

    OP Financial Group’s financial performance will be presented to the media by the President and Group Chief Executive Officer Timo Ritakallio in a press conference on 7 May 2025 at 11am at Gebhardinaukio 1, Vallila, Helsinki. Media enquiries: OP Corporate Communications, tel. +358 10 252 8719, viestinta@op.fi

    OP Corporate Bank plc and OP Mortgage Bank plc will publish their own interim reports.

    Schedule for 2025 Interim Reports and Half-year Financial Report:

    Half-year Financial Report 1 January–30 June 2025 30 July 2025
    Interim Report 1 January–30 September 2025 28 October 2025
    OP Amalgamation Pillar 3 Disclosures 31 March 2025 Week 19
    OP Amalgamation Pillar 3 Disclosures 30 June 2025 Week 33
    OP Amalgamation Pillar 3 Disclosures 30 September 2025 Week 45

    Helsinki, 7 May 2025

    OP Cooperative
    Board of Directors


    Additional information:

    Timo Ritakallio, President and Group Chief Executive Officer, tel. +358 (0)10 252 4500
    Mikko Timonen, Chief Financial Officer, tel. +358 (0)10 252 1325
    Piia Kumpulainen, Chief Communications Officer, tel. +358 10 252 7317

    DISTRIBUTION

    Nasdaq Helsinki Ltd
    Euronext Dublin (Irish Stock Exchange)
    London Stock Exchange
    Major media
    op.fi

    OP Financial Group is Finland’s largest financial services group, with more than two million owner-customers and over 14,000 employees. We provide a comprehensive range of banking and insurance services for personal and corporate customers. OP Financial Group consists of OP cooperative banks, its central cooperative OP Cooperative, and the latter’s subsidiaries and affiliates. Our mission is to promote the sustainable prosperity, security and wellbeing of our owner-customers and operating region. Together with our owner-customers, we have been building Finnish society and a sustainable future for 120 years now. www.op.fi

    The MIL Network

  • MIL-OSI: Stasher and Quadient Partner to Launch Nationwide Luggage Storage Using UK Smart Locker Network

    Source: GlobeNewswire (MIL-OSI)

    Quadient (Euronext Paris: QDT), a global automation platform powering secure and sustainable business connections, is pleased to announce a strategic partnership with Stasher, the world’s first luggage storage platform. This partnership marks a significant expansion of Stasher’s UK network and will provide travelers in key cities throughout the UK, including London, Birmingham, York, Edinburgh, Newcastle, Cardiff and Manchester, with more convenient, secure, and accessible luggage storage options through more than 1,640 Parcel Pending by Quadient smart lockers.

    Gone are the days of dragging bags through crowded streets or waiting for hotel or travel check-in. Stasher offers hassle-free bag storage in 1,100+ cities worldwide, connecting travelers with a global network of trusted hotels, shops, and now Parcel Pending by Quadient smart lockers in the UK. Backed by award-winning customer support and a 4.8/5 rating from over 1.2 million reviews, Stasher has become the go-to solution for travelers seeking flexibility and peace of mind.

    The integration with Parcel Pending by Quadient smart lockers marks a new chapter in convenience. Combining Stasher’s seamless booking experience with Parcel Pending by Quadient’s secure and easy-to-use locker terminals, travelers will now enjoy even more flexible storage – perfect for early arrivals, late departures, and everything in between.

    “We’re excited to partner with Quadient to grow our smart lockers footprint,” said Oscar Thanoyannis, Commercial Director at Stasher. “This collaboration brings us closer to our mission: making travel easier, lighter and more enjoyable for everyone.”

    The partnership is further proof of Quadient’s commitment to offering a broad range of services that enhance urban last-mile logistics and consumer convenience. Open to all carriers and services, Parcel Pending by Quadient open network lockers serve as local convenience hubs, offering secure, 24/7 access for deliveries, returns, exchanges, and item storage for services such as prescription pick up, retail click and collect, key exchange, and spare parts. Now, through this collaboration with Stasher, they will also operate as luggage storage hubs.

    “We’re proud to join forces with Stasher to extend the reach and functionality of our Parcel Pending by Quadient smart locker network,” said Katia Bourgeais-Crémel, EVP Parcel Locker Solutions Europe at Quadient. “This partnership highlights the versatility of our lockers and our commitment to creating innovative, consumer-centric solutions that simplify everyday life—whether it’s picking up a parcel or storing your luggage.”

    Quadient is steadily expanding its smart locker network across key markets in the U.S., Japan, and Europe. With over 25,700 units currently installed worldwide, the company is well on its way toward its long-term objective of deploying 40,000 by 2030.

    Learn more at parcelpending.com/en-gb.

    About Stasher
    Stasher is the world’s first luggage storage platform, connecting travelers with thousands of verified hotels, shops, and smart lockers to store their bags securely and affordably. Operating in more than 1,100 cities with over 8,000 hosts, Stasher is trusted by millions to provide a seamless solution for bag storage before check-in, after check-out, during layovers, or while attending events.

    About Quadient®
    Quadient is a global automation platform powering secure and sustainable business connections through digital and physical channels. Quadient supports businesses of all sizes in their digital transformation and growth journey, unlocking operational efficiency and creating meaningful customer experiences. Listed in compartment B of Euronext Paris (QDT) and part of the CAC® Mid & Small and EnterNext® Tech 40 indices, Quadient shares are eligible for PEA-PME investing. For more information about Quadient, visit www.quadient.com.

    Contact

    Joe Scolaro, Quadient
    Global Press Relations Manager
    +1 203-301-3673
    j.scolaro@quadient.com

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    The MIL Network

  • MIL-OSI: Cybernet and Nokia redefine Pakistan’s network landscape with 1.2T-per-lambda backbone

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Cybernet and Nokia redefine Pakistan’s network landscape with 1.2T-per-lambda backbone

    • Cybernet has selected Nokia’s innovative 1830 Global Express (GX) platform with integrated optical line system capabilities and ICE7 coherent optics.
    • Cybernet’s new network will provide connectivity services to over 25 cities across Pakistan.
    • The Nokia solution will help Cybernet meet growing customer bandwidth demands with high-capacity services at market-competitive cost and power per bit.

    7 May 2025

    Espoo, Finland – Nokia today announced that Cybernet, Pakistan’s leading fiber broadband provider, has chosen Nokia’s cutting-edge optical transport solution for its new long-haul Optical Fiber Cable (OFC) network. Designed to deliver 1.2 terabits per second (Tbps) per wavelength, this next-generation infrastructure will power Cybernet’s national backbone. The network will connect over 25 cities in its initial phase and deliver more than 50 Tbps of long-haul capacity.

    This deployment will support data center interconnect, enterprise and carrier networks, as well as Cybernet’s flagship consumer broadband service, StormFiber.

    Cybernet provides comprehensive connectivity solutions across Pakistan, serving enterprise, corporate, and residential customers, in addition to offering carrier and transit services to international telecom operators. To support its growing data demands and build a terabit-scale infrastructure, Cybernet is deploying Nokia’s 1830 GX platform, integrated with 1.2T ICE7 coherent optics. The new network will expand capacity along resilient, diverse routes and enable a high-speed, low-latency terrestrial backbone that spans the entire country.

    In addition to connecting cities and communities through Cybernet’s digital highways, the new backbone will also support cross-border transit services for carriers and internet service providers in Central Asia. By delivering scalable, high-capacity services at globally competitive rates, this initiative will ultimately accelerate Pakistan’s digital transformation and foster regional connectivity.

    “By enhancing our network with cutting-edge technology, we’re able to keep pace with our customers’ rapidly evolving connectivity needs and deliver a superior end-user experience. Nokia is a trusted technology leader with the expertise and innovation to support our modernization goals. The 1830 GX-based solution will form the foundation for high-capacity services connecting Pakistan—and the region—to the global digital economy,” said Maroof Ali Shahani, Chief Operating Officer of Cybernet.

    “Deploying state-of-the-art optical solutions ensures networks are not just keeping pace with, but even staying ahead in the race to meet surging bandwidth demands. As Cybernet prepares to modernize its network infrastructure, Nokia is proud to be helping transform Pakistan’s connectivity landscape with a 1.2T backbone, seamlessly interconnecting data centers, powering government networks, and delivering direct-to-home services,” said James Watt, Senior Vice President and General Manager, Optical Networks at Nokia.

    Multimedia, technical information and related news
    Product Page: ICE7 1.2Tb/s high-performance coherent optics

    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.

    About Cybernet

    Cybernet is a leading fixed-line telecommunications provider in Pakistan with over 25 years of experience delivering high-quality connectivity solutions. Operating the country’s largest and most resilient FTTX network, Cybernet serves enterprise, carrier, and residential customers nationwide. It has international points of presence in France, the UAE, Oman, Singapore, and Hong Kong. Its service portfolio includes Carrier Ethernet, IPLC, DIA, MPLS, IP Transit, Wholesale Voice, Peering, cross-border and submarine transit capacities, as well as cloud and carrier-grade hosting. Cybernet is also the parent company of StormFiber, a fast-growing fiber broadband provider active in over 25 cities across Pakistan. Through sustained investment in infrastructure and innovation, Cybernet is helping to shape the future of Pakistan’s digital ecosystem.

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

    Follow us on social media
    LinkedIn X Instagram Facebook YouTube

    The MIL Network

  • MIL-OSI: Agillic releases Q1 2025 financial results: YoY, ARR from subscriptions is up 4%, EBITDA is up DKK 0.2 million, and cash flow from operations improved by DKK 1.9 million

    Source: GlobeNewswire (MIL-OSI)

    Announcement no. 08 – Copenhagen, 7 May 2025 – Agillic A/S

    ARR from subscriptions increased by 4% in Q1 2025 vs. Q1 2024 due to new clients and stabilisation of churn. Agillic expects growth from both existing clients and new clients in 2025.

    Total revenue decreased by 1% in Q1 2025 YoY due to lower revenue following last year’s high churn level. Total revenue is expected to increase in 2025 as per 2025 guidance.

    EBITDA increased by 20% in Q1 2025 vs. Q1 2024. The increase is driven by reduced employee costs following the organisational changes in Q4 2024.

    Cash flow from operations was DKK 1.9 million in Q1 2025, an increase of DKK 1.9 million YoY. The improved cash flow derives from a positive development in working capital.

    Key financial and SaaS highlights
    (DKK million)

    Income statement Q1 2025 Q1 2024 Change YTD 2025 YTD 2024 Change
    Revenue subscriptions 12.6 12.6 0% 12.6 12.6 0%
    Revenue transactions 2.1 2.2 -5% 2.1 2.2 -5%
    Total revenue 14.7 14.8 -1% 14.7 14.8 -1%
    Gross profit  12.0 12.3 -2% 12.0 12.3 -2%
    Gross margin 82% 83% 82% 83%
    Other operating income 0.0 0.2 -100% 0.0 0.2 -100%
    Employee costs -7.6 -8.6 12% -7.6 -8.6 12%
    Operational costs -3.6 -3.3 -9% -3.6 -3.3 -9%
    EBITDA 0.8 0.6 20% 0.8 0.6 20%
    Net profit -3.0 -3.4 11% -3.0 -3.4 11%
                 
    Financial position            
    Cash 5.2 7.2 -28% 5.2 7.2 -28%
    Cash flow from operations 1.9 0.0 1.9 0.0
                 
    ARR subscriptions            
    ARR 54.4 52.2 4% 54.4 52.2 4%
    Change in ARR 2.2 -2.0 2.2 -2.0
    Change in ARR % 4% -4% 4% -4%

    Financial guidance 2025 (announced on 6 February 2025, unchanged)

    Revenue DKK 60-63 million
    EBITDA DKK 5-8 million
    ARR subscriptions DKK 56-60 million

     
     
    For further information, please contact:
    Christian Samsø, CEO
    +45 24 88 24 24
    christian.samsoe@agillic.com

    Jack Sørensen, CFO
    +45 53 88 61 48
    jack.soerensen@agillic.com

    Certified Adviser
    HC Andersen Capital
    Pernille Friis Andersen

    Disclaimer
    The forward-looking statements regarding Agillic’s future financial situation involve factors of uncertainty and risk. which could cause actual developments to deviate from the expectations indicated. Statements regarding the future are subject to risks and uncertainties that may result in considerable deviations from the presented outlook. Furthermore, some of these expectations are based on assumptions regarding future events, which may prove incorrect. Please also refer to the overview of risk factors in the ‘risk management’ section of the annual report.

    About Agillic A/S
    Agillic (Nasdaq First North Growth Market Denmark: AGILC) is a Danish software company offering brands a platform through which they can work with data-driven insights and content to create, automate and send personalised communication to millions. Agillic is headquartered in Copenhagen, Denmark. For further information, please visit www.agillic.com  

    Attachment

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  • MIL-OSI: OP Corporate Bank plc’s Interim Report 1 January–31 March 2025

    Source: GlobeNewswire (MIL-OSI)

    OP Corporate Bank plc
    Interim Report 1 January–31 March 2025
    Stock Exchange Release 7 May 2025 at 9.00 am EEST

    OP Corporate Bank plc’s Interim Report 1 January–31 March 2025

    • OP Corporate Bank plc’s operating profit rose to EUR 140 million (112).
    • Total income grew by 10% to EUR 215 million (196). Net interest income, EUR 157 million, remained at the previous year’s level (157). Investment income increased to EUR 24 million (9). Net commissions and fees decreased by 14% to EUR 17 million (19). Other operating income increased to EUR 17 million (11).
    • Impairment loss on receivables decreased to EUR 1 million (12).
    • Total operating expenses increased by 3% to EUR 73 million (71). The cost/income ratio improved to 34% (36).
    • The loan portfolio grew by 1.4% to EUR 28.2 billion (27.8) year on year. The deposit portfolio increased by 20.9% year on year, to EUR 16.0 billion (13.3).
    • The Corporate Banking and Capital Markets segment’s operating profit increased to EUR 86 million (80). Net interest income decreased by 2% to EUR 94 million (97). Net commissions and fees totalled EUR 1 million (1). Investment income increased to EUR 22 million (10). Operating expenses increased by 4% to EUR 31 million (30). Impairment loss on receivables totalled EUR 3 million. A year ago, impairment loss on receivables reversed came to EUR 1 million. The cost/income ratio improved to 26% (27).
    • The Asset and Sales Finance Services and Payment Transfers segment’s operating profit increased to EUR 49 million (37). Net interest income, EUR 55 million, remained at the previous year’s level (55). Net commissions and fees decreased to EUR 14 million (17). Operating expenses increased by 4% to EUR 29 million (28). Impairment loss on receivables reversed came to EUR 2 million. A year ago, impairment loss on receivables totalled EUR 13 million. The cost/income ratio weakened to 38% (36).
    • The Baltics segment’s operating profit amounted to EUR 9 million (10). Net interest income, EUR 15 million, remained at the previous year’s level (15). Net commissions and fees totalled EUR 2 million (2). Operating expenses increased to EUR 9 million (8). The cost/income ratio weakened to 49% (45).
    • The Group Functions segment’s operating loss was EUR 3 million. A year ago, the operating loss amounted to EUR 15 million. Funding position and liquidity remained strong.
    • OP Corporate Bank plc’s CET1 ratio remained at 13.9% (14.1), which exceeds the minimum regulatory requirement by 5.1 percentage points. The changes in the EU Capital Requirements Regulation (CRR3), which took effect on 1 January 2025, caused a slight reduction in capital adequacy.

    OP Corporate Bank plc’s key indicators

    € million Q1/2025 Q1/2024 Change, % Q1–4/2024
    Operating profit (loss), € million 140 112         24.9 473
    Corporate Banking and Capital Markets 86 80         7.1 307
    Asset and Sales Finance Services and Payment Transfers 49 37         30.1 167
    Baltics 9 10         -5.4 39
    Group Functions -3 -15         — -40
    Total income 215 196         9.6 773
    Total expenses -73 -71         2.5         -298
    Cost/income ratio, %         34.1         36.5         -2.3*         38.6
    Return on equity (ROE), %         9.2         7.5         1.7*         7.9
    Return on assets (ROA), %         0.59         0.46         0.13*         0.48
      31 Mar 2025 31 Mar 2024 Change, % 31 Dec 2024
    CET1 ratio, % 13.9         13.3 0.6* 14.1
    Loan portfolio, € million 28,234 27,850         1.4 28,295
    Guarantee portfolio, € million 2,735 3,030         -9.7 2,660
    Other exposures, € million 5,389 5,558         -3.1 5,238
    Deposits, € million 16,031 13,258         20.9 17,155
    Ratio of non-performing exposures to exposures, % 1.6 2.2 -0.6* 1.8
    Ratio of impairment loss on receivables to loan and guarantee portfolio, % 0.02 0.16 -0.14* 0.00

    * Change in ratio, percentage point(s).
    Comparatives for the income statement items are based on the corresponding figures in 2024. Unless otherwise specified, figures from 31 December 2024 are used as comparatives for balance-sheet and other cross-sectional items.

    Decisions by OP Corporate Bank plc’s Annual General Meeting

    On 13 March 2025, the Annual General Meeting (AGM) of OP Corporate Bank plc re-elected OP Financial Group’s President and Group Chief Executive Officer Timo Ritakallio as Chair of OP Corporate Bank’s Board of Directors. As other Board members, the AGM elected OP Uusimaa Managing Director Olli Lehtilä, OP Turun Seutu Managing Director Petteri Rinne, OP Financial Group’s Chief Financial Officer Mikko Timonen and OP Financial Group’s Chief People and Culture Officer Hannakaisa Länsisalmi. As new board member to replace Mikko Vepsäläinen, OP Häme Managing Director Mika Kivimäki was elected.

    The AGM elected PricewaterhouseCoopers Oy, an audit firm, to act as OP Corporate Bank’s auditor for the financial year 2025. Lauri Kallaskari, Authorised Public Accountant, acts as the chief auditor appointed by PricewaterhouseCoopers Oy.

    The AGM of 13 March 2025 adopted the Financial Statements for 2024 and discharged members of the Board of Directors and the CEO from liability. The AGM decided that dividends to be distributed total EUR 112,000,000.00, or EUR 0.35 per share, and that following dividend distribution, the remaining amount of EUR 260,323,566.01 be recognised in the retained earnings account. Following dividend distribution, the company’s distributable earnings total EUR 3,309,605,085.96 and its distributable funds total EUR 3,640,985,923.02. 

    Outlook

    The global economic outlook has weakened due to increased tariffs and a higher level of uncertainty. The Finnish economy is likely to grow less than previously expected and the outlook is exceptionally uncertain. The escalation of geopolitical crises or a rise in trade barriers may affect capital markets and the economic environment of OP Corporate Bank and its customers.

    A full-year earnings estimate for 2025 will only be provided at Group level, in OP Financial Group’s financial statements bulletin and in its interim and half-year financial reports.

    The most significant uncertainties affecting OP Corporate Bank’s earnings performance relate to developments in the business environment, changes in the interest rate and investment environment, and developments in impairment loss on receivables. In addition, future earnings performance will be affected by the market growth rate and the change in the competitive situation.

    Forward-looking statements in this Interim Report expressing the management’s expectations, beliefs, estimates, forecasts, projections and assumptions are based on the current view of the future development in the business environment and the future financial performance of OP Corporate Bank plc’s and its various functions, and actual results may differ materially from those expressed in the forward-looking statements. 

    Schedule for 2025 Interim Reports and Half-year Financial Report:

    Half-year Financial Report 1 January–30 June 2025 30 July 2025
    Interim Report 1 January–30 September 2025 28 October 2025

    Helsinki, 7 May 2025

    OP Corporate Bank plc
    Board of Directors

    For additional information, please contact:

    Katja Keitaanniemi, Chief Executive Officer, tel. +358 10 252 1387
    Piia Kumpulainen, Chief Communications Officer, tel. +358 10 252 7317

    DISTRIBUTION
    Nasdaq Helsinki Oy
    Euronext Dublin (Irish Stock Exchange)
    LSE London Stock Exchange
    Major media
    op.fi

    OP Corporate Bank plc is part of OP Financial Group. OP Corporate Bank and OP Mortgage Bank are responsible for OP’s funding in money and capital markets. As laid down in the applicable law, OP Corporate Bank, OP Mortgage Bank and their parent company OP Cooperative and other OP Financial Group member credit institutions are ultimately jointly and severally liable for each other’s debts and commitments. OP Corporate Bank acts as OP Financial Group’s central bank.

    The MIL Network

  • MIL-OSI: VAALCO Energy, Inc. Provides Additional Information Regarding Its Capital Markets Day Planned for May 14, 2025

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, May 07, 2025 (GLOBE NEWSWIRE) — Vaalco Energy, Inc. (NYSE: EGY; LSE: EGY) (“Vaalco” or the “Company”) today provided additional details regarding its Capital Markets Day presentation on Wednesday, May 14, 2025. The presentation will begin at 8 a.m. Central Time (2 p.m. London Time) and is expected to conclude by around 10:00 a.m. Central Time (4 p.m. London Time).

    Participation in the Capital Markets Day is directed to Vaalco’s shareholders, buy side and sell side analysts, as well as large institutional investors and portfolio managers. The session will be webcast live along with related presentation materials, and the webcast will allow for questions to be asked of the management team.

    Interested investors may sign up for the webcast using the link that is now available on Vaalco’s web site at www.vaalco.com in the “Investors” section of the web site under upcoming events, or use this link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=nvILiLZm. A replay will be archived on the site shortly after the presentation concludes.

    The agenda will include presentations by key members of management on topics including:

    • A technical deep dive into Vaalco’s diverse portfolio;
    • Updates on the Company’s major investment projects;
    • Outlining projected finance and capital management strategy for execution of the Company’s longer-term vision; and
    • Additional insight into Vaalco’s strategy over the next three to five years.

    About Vaalco
    Vaalco, founded in 1985 and incorporated under the laws of Delaware, is a Houston, Texas, USA based, independent energy company with a diverse portfolio of production, development and exploration assets across Gabon, Egypt, Côte d’Ivoire, Equatorial Guinea, Nigeria and Canada.

    For Further Information

    Vaalco Energy, Inc. (General and Investor Enquiries) +00 1 713 543 3422
    Website: www.vaalco.com
       
    Al Petrie Advisors (US Investor Relations) +00 1 713 543 3422
    Al Petrie / Chris Delange  
       
    Burson Buchanan (UK Financial PR) +44 (0) 207 466 5000
    Ben Romney / Barry Archer Vaalco@buchanan.uk.com
       

    Forward Looking Statements

    This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created by those laws and other applicable laws and may also include “forward-looking information” within the meaning of applicable Canadian securities law (collectively “forward-looking statements”). Where a forward-looking statement expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. All statements other than statements of historical fact may be forward-looking statements. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “forecast,” “outlook,” “aim,” “target,” “will,” “could,” “should,” “may,” “likely,” “plan” and “probably” or similar words may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release may include, but are not limited to, statements relating to (i) estimates of future drilling, production, sales and costs of acquiring crude oil, natural gas and natural gas liquids; (ii) expectations regarding Vaalco’s ability to effectively integrate assets and properties it has acquired as a result of the Svenska acquisition into its operations; (iii) expectations regarding future exploration and the development, growth and potential of Vaalco’s operations, project pipeline and investments, and schedule and anticipated benefits to be derived therefrom; (iv) expectations regarding future acquisitions, investments or divestitures; (v) expectations of future dividends; (vi) expectations of future balance sheet strength; and (vii) expectations of future equity and enterprise value.

    Such forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to: risks relating to any unforeseen liabilities of Vaalco; the ability to generate cash flows that, along with cash on hand, will be sufficient to support operations and cash requirements; risks relating to the timing and costs of completion for scheduled maintenance of the FPSO servicing the Baobab field; and the risks described under the caption “Risk Factors” in Vaalco’s 2024 Annual Report on Form 10-K filed with the SEC on March 17, 2025 and subsequent Quarterly Reports on Form 10-Q filed with the SEC.

    The MIL Network

  • MIL-OSI: Sydbank’s Interim Report – Q1 2025

    Source: GlobeNewswire (MIL-OSI)

    Company Announcement No 20/2025
    7 May 2025

    Sydbank’s Interim Report – Q1 2025

    Q1 2025 – highlights

    • Profit for the period of DKK 645m equals a return on equity of 17.4% p.a. after tax
    • Core income of DKK 1,700m is 8% lower compared to the same period in 2024
    • Trading income of DKK 64m compared to DKK 89m in the same period in 2024
    • Costs (core earnings) of DKK 881m compared to DKK 831m in the same period in 2024
    • Core earnings before impairment of DKK 883m are 20% lower compared to the same period in 2024
    • Impairment charges for loans and advances etc represent an expense of DKK 35m
    • Bank loans and advances have gone down by DKK 1.2bn, equal to a decrease of 2% compared to year-end 2024
    • The CET1 ratio stands at 16.3%, equal to a decline of 1.5pp compared to year-end 2024

    CEO Mark Luscombe comments on the result:

    • It is positive that we have been able to generate a return on equity of 17.4% under market conditions characterised by uncertainty. In the current environment many of our customers have chosen to remain financially flexible where retail clients focus on savings and corporate clients strengthen their balance sheets and consequently postpone major financial decisions. Inflation and interest rates continue to go down, which should support an increase in lending and investment activities once confidence has been restored. Therefore lending is down, deposits are up and assets under management continue to show a net increase.

    Board chairman Ellen Trane Nørby elaborates:

    • It is positive that profit for Q1 2025 is as expected at the beginning of Q1 2025 despite the ECB and Danish central bank rate cuts occurring at a faster pace than anticipated. Against this background the result must be considered quite satisfactory.

    Mark Luscombe comments on the beginning of the new strategy period:

    • The themes in our new strategy “Bigger Sydbank” will guide us and ensure that we can meet the strategy’s goals. We will focus on the customer and be the workplace for some of our industry’s most talented and dedicated employees. Our consistent customer focus is having the intended effect as customer satisfaction is going up and every segment is welcoming new customers.

    Board chairman Ellen Trane Nørby comments:

    • In times of trade conflicts and geopolitical uncertainty it is particularly important that Sydbank is well prepared to navigate this uncertainty and support its customers. It is gratifying to note that after initiating the share buyback of DKK 1,350m the Bank remains highly capitalised and resilient.

    Outlook for 2025

    • Moderate growth is projected for the Danish economy.
    • Profit after tax is expected to be in the range of DKK 2,200-2,600m.
    • The profit forecast assumes that the Danish central bank will lower the interest rate by 1pp in 2025.
    • The outlook is subject to uncertainty and depends on financial market developments and macroeconomic factors which may affect eg the level of impairment charges.

    Additional information
    Jørn Adam Møller, Deputy Group Chief Executive, Tel +45 74 37 20 30
    Lars Grubak Lohff, Press Manager Tel +45 20 31 54 65

    Attachments

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  • MIL-OSI: CREDIT AGRICOLE S.A. ANNOUNCES REDEMPTION OF EUR 750,000,000 Subordinated Fixed Rate Resettable Notes issued on June 5, 2020 (ISIN: FR0013516184)

    Source: GlobeNewswire (MIL-OSI)

    Montrouge, May 7, 2025

    CREDIT AGRICOLE S.A. ANNOUNCES REDEMPTION OF

    EUR 750,000,000 Subordinated Fixed Rate Resettable Notes issued on June 5, 2020 (ISIN: FR0013516184)*

    Crédit Agricole S.A. (the “Issuer”) announces today the redemption (the “Redemption”) with effect on June 5, 2025 (the “Redemption Date”) of all of its outstanding EUR 750,000,000 Subordinated Fixed Rate Resettable Notes issued on June 5, 2020 (ISIN: FR0013516184) (the “Notes”) pursuant to Condition 6(e) (Redemption at the Option of the Issuer) of the terms and conditions of the Notes (the “Terms and Conditions”) included in the base prospectus dated April 9, 2020, which was granted the visa n°20-136 by the Autorité des marchés financiers on April 9, 2020 (as further amended and supplemented, the “Base Prospectus”) at the outstanding nominal amount thereof, together with any accrued interest thereon (the “Redemption Amount”).

    On the Redemption Date, the Redemption Amount shall become due and payable and, in accordance with Condition 5(h) (Accrual of Interest) of the Terms and Conditions, unless the Redemption Amount is improperly withheld or refused, each Note shall cease to bear interest on the Redemption Date.

    The terms and modalities of the Redemption are set out in the notice to the holders of the Notes appended to this press release.

    For further information on Crédit Agricole S.A., please see Crédit Agricole S.A.’s website: https://www.credit-agricole.com/en/finance

    DISCLAIMER

    This press release does not constitute an offer to buy or the solicitation of an offer to sell the Notes in the United States of America, Canada, Australia or Japan or in any other jurisdiction. The distribution of this press release in certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes are required to inform themselves about, and to observe, any such restrictions.

    No communication or information relating to the redemption of the Notes may be distributed to the public in a country where a registration obligation or an approval is required. No action has been or will be taken in any country where such action would be required. The redemption of the Notes may be subject to specific legal and regulatory restrictions in certain jurisdictions; Crédit Agricole S.A. accepts no liability in connection with a breach by any person of such restrictions.

    This press release is an advertisement; and none of this press release, any notice or any other document or material made public and/or delivered, or which may be made public and/or delivered to the holders of the Notes in connection with the redemption of the Notes is or is intended to be a prospectus for the purposes of Regulation (EU) 2017/1129 of the European Parliament and of the Council dated 14 June 2017 (as amended, the “Prospectus Regulation”). No prospectus will be published in connection with the redemption of the Notes for the purposes of the Prospectus Regulation.

    This press release does not, and shall not, in any circumstances, constitute an offer to the public of Notes by Crédit Agricole S.A. nor an invitation to the public in connection with any offer in any jurisdiction, including France.

    * The ISIN number is included solely for the convenience of the holders of the Notes. No representation is being made as to the correctness or accuracy of the ISIN number as contained herein.

    CRÉDIT AGRICOLE S.A. PRESS CONTACT

    Alexandre Barat                             + 33 1 57 72 12 19                                      alexandre.barat@credit-agricole-sa.fr
    Olivier Tassain                               + 33 1 43 23 25 41                                      olivier.tassain@credit-agricole-sa.fr

    Find our press release on: www.credit-agricole.comwww.creditagricole.info

      Crédit_Agricole   Groupe Crédit Agricole   créditagricole_sa

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    The MIL Network

  • MIL-OSI: Karolinska Development’s portfolio company Umecrine Cognition presents data validating novel clinical scale in PBC at EASL 2025

    Source: GlobeNewswire (MIL-OSI)

    STOCKHOLM, SWEDEN – May 7, 2025. Karolinska Development AB (Nasdaq Stockholm: KDEV) today announces that its portfolio company Umecrine Cognition will attend the EASL Congress 2025 in Amsterdam, May 7–10, to present validation and implementation data for the newly developed clinical scale for Primary Biliary Cholangitis, PBC.

    Umecrine Cognition is developing a new class of drugs to alleviate cognitive symptoms caused by liver disease. The company’s drug candidate golexanolone is currently being evaluated in a clinical Phase 2a study in PBC. At EASL 2025 (European Association for the Study of the Liver), Umecrine Cognition will present validation and implementation data for the newly developed clinical scale CGI-S-PBC™ (Clinical Global Impression of Severity Scale for Primary Biliary Cholangitis), which was partly developed by the company and is currently being used in the ongoing clinical trial with golexanolone.

    The scale was designed to evaluate symptom severity in PBC patients that cannot be measured by conventional laboratory tests. The newly developed CGI-S-PBC™ scale is a more objective, anchor-based clinical outcome scale that expands on the patient-reported outcome measure PBC-40, and the validation and implementation were recently documented in two separate studies along with the current use in the clinical Phase 2a trial.

    Abstracts summarizing the validation and implementation of CGI-S-PBC™ will be presented at the on-site paper poster session “Immune-mediated and cholestatic disease: Clinical aspects” on Thursday, May 8, with the title: “Validation of the clinical global impression severity scale for primary biliary cholangitis: a clinical trials outcome tool,” and “Implementation of a clinical global impression severity scale for primary biliary cholangitis: results of a hepatologist focused training program”.

    Karolinska Development’s ownership in Umecrine Cognition amounts to 73%.

    For further information, please contact:

    Viktor Drvota, CEO, Karolinska Development AB
    Phone: +46 73 982 52 02, e-mail: viktor.drvota@karolinskadevelopment.com 

    Johan Dighed, General Counsel and Deputy CEO, Karolinska Development AB
    Phone: +46 70 207 48 26, e-mail: johan.dighed@karolinskadevelopment.com

    TO THE EDITORS

    About Karolinska Development AB

    Karolinska Development AB (Nasdaq Stockholm: KDEV) is a Nordic life sciences investment company. The company focuses on identifying breakthrough medical innovations in the Nordic region that are developed by entrepreneurs and leadership teams. The company invests in the creation and growth of companies that advance these assets into commercial products that are designed to make a difference to patient’s lives while providing an attractive return on investment to shareholders.

    Karolinska Development has access to world-class medical innovations at the Karolinska Institutet and other leading universities and research institutes in the Nordic region. The company aims to build companies around scientists who are leaders in their fields, supported by experienced management teams and advisers, and co-funded by specialist international investors, to provide the greatest chance of success.

    Karolinska Development has a portfolio of eleven companies targeting opportunities in innovative treatment for life-threatening or serious debilitating diseases.

    The company is led by an entrepreneurial team of investment professionals with a proven track record as company builders and with access to a strong global network.

    For more information, please visit www.karolinskadevelopment.com.

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  • MIL-OSI: Intchains Group Limited to Report Unaudited First Quarter 2025 Financial Results on Thursday, May 22, 2025

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 07, 2025 (GLOBE NEWSWIRE) — Intchains Group Limited (Nasdaq: ICG) (“we,” or the “Company”), a company that engages in the provision of altcoin mining products, the strategic acquisition and holding of Ethereum-based cryptocurrencies, and the active development of innovative Web3 applications, today announced that it will release its unaudited financial results for the first quarter of 2025 ended March 31, 2025.

    Conference Call Information

    The Company’s management team will host an earnings conference call to discuss its financial results at 8:00 PM U.S. Eastern Time on May 22, 2025 (8:00 AM Beijing Time on May 23, 2025). Details for the conference call are as follows:

    All participants must use the link provided above to complete the online registration process in advance of the conference call. Upon registering, each participant will receive a set of dial-in numbers and a personal access PIN, which will be used to join the conference call.

    Additionally, a live and archived webcast of the conference call will also be available at the Company’s IR website at https://ir.intchains.com/.

    About Intchains Group Limited

    Intchains Group Limited is a company that engages in the provision of altcoin mining products, the strategic acquisition and holding of Ethereum-based cryptocurrencies, and the active development of innovative Web3 applications. For more information, please visit the Company’s website at: https://intchains.com/.

    For investor and media inquiries, please contact:

    Intchains Group Limited

    Investor relations
    Email: ir@intchains.com

    Redhill

    Belinda Chan
    Tel: +852-9379-3045
    Email: belinda.chan@creativegp.com

    The MIL Network

  • MIL-OSI: Mizuho Names 2023 Mizuho Americas Open Junior Winner Yana Wilson as Brand Ambassador

    Source: GlobeNewswire (MIL-OSI)

    The Epson Tour’s newest champion joins Legend Michelle Wie West and LPGA stars Rose Zhang and Ayaka Furue to form Team Mizuho

    Wilson to compete in 2025 Mizuho Americas Open as sponsor exemption

    NEW YORK, May 06, 2025 (GLOBE NEWSWIRE) — Mizuho Americas, the Americas arm of Mizuho Financial Group (NYSE: MFG), one of the largest financial institutions in the world and title sponsor of the Mizuho Americas Open, today announced Yana Wilson, 2023 American Junior Golf Association (AJGA) Player of the Year and current rookie on the Epson Tour, as an official brand ambassador. Wilson – who earned her first professional victory on the Epson Tour this past Sunday in her hometown of Las Vegas – joins Michelle Wie West, Rose Zhang and Ayaka Furue in representing “Team Mizuho.”

    After advancing to Qualifying in the LPGA Q-Series, Wilson secured guaranteed Epson Tour status for 2025 and ultimately decided to bet on herself and go pro. Prior to joining the Epson Tour, Wilson secured four AJGA victories, including winning the amateur tournament at the inaugural 2023 Mizuho Americas Open at Liberty National Golf Club.

    “Watching Yana transition from a top-ranked amateur to a dedicated pro, has been an inspiring journey,” said Cheryl Gilberg, Chief Marketing Officer, Mizuho Americas. “Her win at the inaugural Mizuho Americas Open in 2023 and her impressive second-place finish in 2024 showcased not just her incredible talent, but also her unwavering determination and grace. We are thrilled to have her as part of Team Mizuho and look forward to supporting her every step of the way.”

    As previously announced at the Mizuho Americas Open media day in April, Mizuho has extended a sponsor exemption for Wilson to compete in the 2025 Mizuho Americas Open May 8 – 11, at the iconic Liberty National Golf Club in Jersey City. She will make history as the first player to win the tournament as a junior and return to compete as a professional.

    “It’s an honor to join Team Mizuho alongside such inspiring women and accomplished golfers,” said Wilson. “Mizuho’s commitment to providing a championship experience for amateur and professional players alike is something I have been fortunate enough to experience through the Mizuho Americas Open. I am proud to represent Mizuho as they continue to help advance the next generation of talent and level the playing field for women.”

    Mizuho recently renewed its title sponsor agreement for the Mizuho Americas Open through 2030 and will raise the purse to $3.25 million in 2026, one of the largest outside of the Major championships. The tournament will maintain its successful format where the AJGA’s future stars compete alongside the best women golfers in the world. The new five-year agreement will allow the marquee tournament to remain in the New York City Metro area, providing unmatched benefits to the LPGA players, AJGA junior golfers, and the local community.

    The expanded ambassador program is a key component of Mizuho’s support of the LPGA. As the title sponsor of the Mizuho Americas Open, Mizuho is committed to enhancing the player experience while providing opportunity and mentorship through a new standard of competition with its pro/junior format, world-class golf course, player accommodations, and longstanding partnership with Girls Inc.

    About Mizuho
    Mizuho Financial Group, Inc. is one of the largest financial institutions in the world as measured by total assets of ~$2 trillion, according to S&P Global 2024. Mizuho’s 65,000 employees worldwide offer comprehensive financial services to clients in 36 countries and 850 offices throughout the Americas, EMEA, and Asia.

    Mizuho Americas is a leading Corporate and Investment Bank (CIB) that provides a full spectrum of client-driven solutions across strategic advisory, capital markets, corporate banking, and fixed income and equities sales & trading to corporate, government, and institutional clients in the US, Canada, and Latin America. Through its acquisition of Greenhill, Mizuho enhanced its M&A, restructuring, and private capital advisory capabilities across the Americas, Europe, and Asia. Mizuho Americas employs approximately 4,000 professionals. For more information, visit www.mizuhoamericas.com.

    About the Mizuho Americas Open
    The Mizuho Americas Open is a purpose-driven tournament on the LPGA Tour. As title sponsor, Mizuho Americas created and drove the vision for a distinctive and premium event that celebrates women and advances the next generation, with a charitable focus on providing leadership and life skills to young girls from underserved communities. Played at the prestigious Liberty National Golf Club, with LPGA icon Michelle Wie West as celebrity host, the tournament features an elevated purse and a unique junior component where the AJGA’s stars of tomorrow compete alongside the best women golfers in the world. The tournament is also home to the Mizuho Americas DrivHER Summit, an inspirational day of learning and activities for Girls Inc., the official charitable partner of the Mizuho Americas Open. The Summit leverages the game of golf and the LPGA to inspire the members of Girls Inc. to discover the confidence they need to become leaders in their communities.

    Media Contacts

    For Mizuho:
    Laura London
    Director, Media Relations, Mizuho
    (917) 446-5226
    laura.london@mizuhogroup.com

    Jon Schwartz
    Head of Sports, Prosek Partners
    (347) 794-9633
    jschwartz@prosek.com

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/d4b7ec21-1e15-4b10-9012-601c7b5dec5a
    https://www.globenewswire.com/NewsRoom/AttachmentNg/0a3bc026-d816-486f-9906-ade8df91f1f0
    https://www.globenewswire.com/NewsRoom/AttachmentNg/58b485e7-cef7-4f36-8957-b30ce9423d54
    https://www.globenewswire.com/NewsRoom/AttachmentNg/1345499e-6536-41eb-887e-043748d4ca82

    The MIL Network

  • MIL-OSI: Foreign Investors in Steamboat Springs Marriott Hotels (JF40) Project Obtain Conditional Green Card Approval

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, May 06, 2025 (GLOBE NEWSWIRE) — EB5 Capital is pleased to announce the first individual I-526E petition approval for an investor in its Steamboat Springs Marriott Hotels (JF40) project. An I-526E approval is a significant step in the EB-5 immigration process as it qualifies the investor and their eligible immediate family members for conditional permanent residency in the United States. The approved petition was filed in September 2024 and was pending for approximately 7.5 months.

    Steamboat Springs Marriott Hotels (JF40) is the development of a dual-branded Marriott hotel nestled atop Steamboat Mountain in Steamboat Springs, Colorado. The Project consists of a 103-room upscale SpringHill Suites, and a 77-room extended-stay TownePlace Suites. EB5 Capital raised capital from 37 investors, representing a variety of nationalities, to finance a portion of the capital stack. The project is one of 14 hotel developments in EB5 Capital’s portfolio.

    “We are pleased to have received the first I-526E approval for this project so quickly,” said Molly FitzGerald, Vice President of Investor Communications and Engagement at EB5 Capital. “This milestone underscores our commitment to providing exceptional EB-5 qualifying investment opportunities to investors.”

    To date, EB5 Capital has raised investor funds across over 40 EB-5 projects throughout the United States. JF40 is EB5 Capital’s 33rd project which has reached the conditional green card stage for foreign investors going through the EB-5 immigration process. Now that the first petition has been approved, additional I-526E petition adjudications for this project are expected in the coming months.

    About EB5 Capital

    EB5 Capital provides qualified foreign investors with opportunities to invest in job-creating commercial real estate projects under the United States Immigrant Investor Program (EB-5 Visa Program). Headquartered in Washington, D.C., EB5 Capital’s distinguished track record and leadership in the industry has attracted investors from over 75 countries. As one of the oldest and most active Regional Center operators in the country, the firm has raised over $1.3 billion of foreign capital across approximately 45 EB-5 projects. 100% of our investors’ funds are protected by the Federal Deposit Insurance Corporation (FDIC) insurance prior to their deployment into our projects. Please visit www.eb5capital.com for more information.

    Contact:
    Katherine Willis
    Director, Marketing & Communications
    media@eb5capital.com

    The MIL Network

  • MIL-OSI: DynaResource Inc. to Present at the Metals & Mining Virtual Investor Conference May 7, 2025

    Source: GlobeNewswire (MIL-OSI)

    IRVING, Texas, May 06, 2025 (GLOBE NEWSWIRE) — DynaResource Inc. (OTCQX:DYNR), operating the San Jose de Gracia Gold Mine located center of the Sierra Madre Occidental geological zone in Mexico, today announced that Rohan Hazelton, President & CEO, will present live at the Metals & Mining Virtual Investor Conference hosted by VirtualInvestorConferences.com, on May 7, 2025.

    DATE: May 7, 2025
    TIME: 3:00 PM EDT
    LINK: REGISTER HERE
    Available for 1×1 meetings: May 8-9, 2025

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.  

    Learn more about the event at www.virtualinvestorconferences.com.

    About DynaResource
    DynaResource is a junior gold mining producer trading on the OTCQX under the symbol “DYNR”. DynaResource is actively mining and expanding the historic San Jose de Gracia gold mining district in Sinaloa, Mexico.  

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

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

    CONTACTS:

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

    The MIL Network

  • MIL-OSI: LoCorr Investment Models Now Available on Private Advisor Group’s WealthSuite Platform

    Source: GlobeNewswire (MIL-OSI)

    MINNEAPOLIS, May 06, 2025 (GLOBE NEWSWIRE) — LoCorr Funds, a leader in low-correlating alternative investments, is pleased to announce the development of three alternative investment models for Private Advisor Group’s WealthSuite platform. The models, which went live on May 1, 2025, blend active and passive mutual funds and ETFs from LoCorr and other third-party asset managers to create alternative investment portfolios tailored to three investment objectives—growth, income, and capital preservation.

    LoCorr was selected to build models for the WealthSuite platform because of the firm’s singular and long-term focus on low-correlating alternative investments, which move independently of traditional investments. In addition, LoCorr has deep expertise in blending strategies with low correlation to each other to improve a portfolio’s overall risk/return profile.

    “We are excited to join Private Advisor Group to offer their advisors access to carefully constructed models that have historically low beta to traditional assets, providing a diversified return stream to portfolios,” said Kevin Kinzie, CEO of LoCorr Funds. “The launch of these models comes at a time of heightened volatility and uncertainty in the markets, where many advisors are seeking differentiated sources of alpha.”

    The three models include Alternatives Growth, which seeks to provide risk mitigation with potential upside; Alternatives Income, which aims to provide risk mitigation with income; and Alternatives Preservation, which strives to provide risk mitigation with a focus on capital preservation.

    “The goal of these models is to help diversify portfolios by improving risk-adjusted returns, mitigating drawdowns, and smoothing performance for investors, thus providing a complement to existing stock and bond portfolios,” said Sean Katof, CFA, Chief Investment Officer of LoCorr Funds. “These models add resilience to portfolios, making them better equipped to navigate a wider range of market conditions.”

    The alternative investment models are intended to be strategic positions in the asset allocation process.

    About LoCorr Funds
    LoCorr Funds is a leading provider of low-correlating investment strategies, founded on the belief that non-traditional investment strategies with low correlation to stocks and bonds can reduce risk and help increase portfolio returns. LoCorr offers investment solutions that not only provide the potential for positive returns in rising or falling markets but also help to achieve diversification in investment portfolios. LoCorr Funds is headquartered in Excelsior, MN. For more information, please visit www.LoCorrFunds.com or call 1.888.628.2887.

    WealthSuite Model Portfolios are made available to Private Advisor Group (“PAG”) on a non-discretionary basis by LoCorr Funds. Information about the Models may be provided by representatives of LoCorr.

    LoCorr WealthSuite Model Portfolios are designed to achieve the agreed upon PAG objective(s). The LoCorr WealthSuite Model Portfolios use a systematic approach in conjunction with a quantitative and qualitative methodology for selecting mutual funds or ETFs based on the parameters PAG places on the composition of such custom models. The methodology considers the research provided by LoCorr’s research team. LoCorr uses a systematic approach to combine a set of investment options whose overall risk characteristics, when viewed as a portfolio, are designed to meet PAG’s objectives, which can be subject to change. PAG is responsible for providing review and approval of the WealthSuite Model Portfolios constructed by LoCorr.

    LoCorr is not acting as a fiduciary or in any advisory capacity in providing this information. The information is designed to be utilized by you solely as a resource, along with other potential sources, in providing advisory services to your clients. You are solely responsible for determining whether the Models, the investment products included in the Models, and the share class of those products, are appropriate and suitable for you to base a recommendation or provide advice to any retail investor about the potential use of the Models.

    Information and other marketing materials concerning the Models may not be indicative of any client’s actual experience from investing in one or more of the investment products included in the Models. The Models’ allocations and data are subject to change.

    As applicable, inclusion of the mutual funds and ETFs in the WealthSuite Model Portfolios will result in the payment of fees to the mutual funds and ETFs in the Models, as provided for in the relevant prospectus to each such investment product, including to LoCorr for LoCorr managed funds. As a result, there are certain conflicts of interest that are inherent in the design and operation of the model portfolios because, to the extent consistent with the investment objective of any particular model, LoCorr will allocate assets among Underlying Funds. The fees received from investment in the included LoCorr mutual funds will be retained by LoCorr.

    The Fund’s investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and it may be obtained by calling 1.855.LCFUNDS, or visiting www.LoCorrFunds.com. Read it carefully before investing.

    Mutual fund investing involves risk. Principal loss is possible. The Funds invest in foreign investments which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for emerging markets. Investing in commodities may subject the Funds to greater risks and volatility as commodity prices may be influenced by a variety of factors including unfavorable weather, environmental factors, and changes in government regulations. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in Asset-Backed, Mortgage-Backed, and Collateralized Mortgage-Backed Securities include additional risks that investors should be aware of such as credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments. Derivative contracts ordinarily have leverage inherent in their terms which can magnify the Fund’s potential for gains or losses through increased long and short position exposure. The Funds may access derivatives via a swap agreement. A risk of a swap agreement is the risk that the counterparty to the agreement will default on its obligation to pay the Funds. The Funds will incur a loss as a result of a short position if the price of the short position instrument increases in value between the date of the short position sale and the date on which an offsetting position is purchased. Investments in lower-rated and nonrated securities presents a greater risk of loss to principal and interest than higher rated securities. Underlying Funds are subject to management and other expenses, which will be indirectly paid by the Funds. The Fund’s portfolio will be significantly impacted by the performance of the real estate market generally, and the Fund may be exposed to greater risk and experience higher volatility than would a more economically diversified portfolio. Small and mid-sized companies may have limited product lines, markets or financial resources, and they may be dependent on a limited management group. There is no assurance that any hedging strategies utilized by the Fund will successfully provide a hedge to the portfolio’s holdings which could negatively impact Fund performance.

    Diversification does not assure a profit nor protect against loss in a declining market. Correlation measures how much the returns of two investments move together over time. Past performance is not necessarily indicative of future results.

    The LoCorr Funds are distributed by Quasar Distributors, LLC. © 2025 LoCorr Funds

    The MIL Network

  • MIL-OSI: CREDIT AGRICOLE S.A. ANNOUNCES REDEMPTION OF ¥105,500,000,000 Japanese Yen Callable Senior Non-Preferred Bonds issued on June 4, 2020 (ISIN: JP525022AL60)

    Source: GlobeNewswire (MIL-OSI)

                                                     Montrouge, May 6, 2025

    CREDIT AGRICOLE S.A. ANNOUNCES REDEMPTION OF

    ¥105,500,000,000 Japanese Yen Callable Senior Non-Preferred Bonds

    issued on June 4, 2020 (ISIN: JP525022AL60)*

    Crédit Agricole S.A. (the “Issuer”) announces today the redemption (the “Redemption”) with effect on June 4, 2025 (the “Redemption Date”) of all of its outstanding ¥105,500,000,000 Japanese Yen Callable Senior Non-Preferred Bonds – issued on June 4, 2020 (ISIN: JP525022AL60) (the “Bonds”) pursuant to Condition 7 (4) (Redemption at the option of the Issuer) of the Conditions of the Bonds (the “Conditions of the Bonds”), at a price equal to 100% of the principal amount together with interest accrued to and including the date fixed for redemption (the “Redemption Amount”).

    On the Redemption Date, the Redemption Amount shall become due and payable and, in accordance with Condition 6 (3) of the Conditions of the Bonds, unless the Redemption Amount is improperly withheld or refused, each Bond shall cease to bear interest on the Redemption Date.

    The holders of the Bonds will receive formal notice of the Redemption in accordance with the Conditions of the Bonds.

    For further information on Crédit Agricole S.A., please see Crédit Agricole S.A.’s website: https://www.credit-agricole.com/en/finance.

    DISCLAIMER

    This press release does not constitute an offer to buy or the solicitation of an offer to sell the Bonds in the United States of America, Canada, Australia or Japan or in any other jurisdiction. The distribution of this press release in certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes are required to inform themselves about, and to observe, any such restrictions

    No communication or information relating to the redemption of the Bonds may be distributed to the public in a country where a registration obligation or an approval is required. No action has been or will be taken in any country where such action would be required. The redemption of the Bonds may be subject to specific legal and regulatory restrictions in certain jurisdictions; Crédit Agricole S.A. accepts no liability in connection with a breach by any person of such restrictions.

    This press release is an advertisement; and none of this press release, any notice or any other document or material made public and/or delivered, or which may be made public and/or delivered to the holders of the Bonds in connection with the redemption of the Bonds is or is intended to be a prospectus for the purposes of Regulation (EU) 2017/1129 of the European Parliament and of the Council dated 14 June 2017 (as amended, the “Prospectus Regulation”). No prospectus will be published in connection with the redemption of the Bonds for the purposes of the Prospectus Regulation.

    This press release does not, and shall not, in any circumstances, constitute an offer to the public of Bonds by Crédit Agricole S.A. nor an invitation to the public in connection with any offer in any jurisdiction, including France.

    * The ISIN number is included solely for the convenience of the holders of the Bonds. No representation is being made as to the correctness or accuracy of the ISIN number either as printed on the Bonds or as contained herein and the holder may rely only on the identification numbers printed on its Bond.

    モンルージュ、2025年5月6日

    クレディ・アグリコル・エス・エー

    7回期限前償還条項付非上位円貨社債(2020

    202064日発行、1,055億円(ISIN: JP525022AL60*)の

    期限前償還を公表

    クレディ・アグリコル・エス・エー(「発行会社」)は、2020年6月4日に発行したクレディ・アグリコル・エス・エー第7回期限前償還条項付非上位円貨社債(2020)(ISIN: JP525022AL60)(「本社債」)の1,055億円全額について、本社債の要項(「社債要項」)第7項(4)(発行会社による任意償還)に基づき、2025年6月4日付(「償還期日」)で、本社債の金額の100%に償還期日(その日を含む。)までの経過利息を付して(「償還金額」)期限前償還(「本償還」)することを本日公表いたしました。

    償還期日に償還金額の支払期限が到来し、社債要項第6項(3)に基づき、償還金額の不当な留保又は拒絶がなされない限り、償還期日をもって各本社債にかかる利息の付与が停止されます。

    本社債の所持人は、社債要項に従い、本償還に関する正式な通知を受ける予定です。

    クレディ・アグリコル・エス・エーの詳細については、クレディ・アグリコル・エス・エーのWebサイト(https://www.credit-agricole.com/en/finance)をご参照ください。

    免責事項

    本プレスリリースは、米国、カナダ、オーストラリア、日本またはその他の法域において、本社債の購入の申込みまたは売却の申込みの勧誘を構成するものではありません。一定の法域においては、本プレスリリースの配布が法律によって制約される場合があります。本プレスリリースを入手した者には、かかる制約について自ら調査し、遵守することが要求されます。

    登録義務または承認が要求される国においては、本社債の償還に関するコミュニケーションまたは情報を公に配布してはなりません。かかる措置が要求される国において、いかなる措置も講じられておらず、または講じられる予定もありません。本社債の償還は、一定の法域において、特定の法律および規制上の制約を受ける可能性があります。クレディ・アグリコル・エス・エーは、かかる制約に対するいかなる者の違反についても、一切責任を負いません。

    本プレスリリースは広告にすぎず、本プレスリリース、または本社債の償還に関連し本社債の債権者に対し公表および/もしくは交付された、または公表および/もしくは交付される通知その他の文書または資料は、2017614日付欧州議会および理事会の規則(EU)第2017/1129号(その後の改正を含み、以下「目論見書規則」)上の目論見書ではなく、かかる目論見書を意図したものでもありません。目論見書規則の適用上、本社債の償還に関して目論見書は発行されません。

    本プレスリリースは、いかなる場合においても、クレディ・アグリコル・エス・エーによる本社債の公募を構成するものではなく、またフランスを含むいかなる法域における申込みに関連しても、勧誘を構成するものではありません。

    * ISIN番号は、本社債の債権者の便宜のためにのみ付されたものです。本社債に印刷されたまたは本プレスリリースに記載されたISIN番号の正しさまたは正確性を表明するものではなく、債権者は、本社債に印刷された識別番号にのみ依拠することができます。

    CRÉDIT AGRICOLE S.A. PRESS CONTACT

    Alexandre Barat                             + 33 1 57 72 12 19                                      alexandre.barat@credit-agricole-sa.fr
    Olivier Tassain                               + 33 1 43 23 25 41                                      olivier.tassain@credit-agricole-sa.fr

    Find our press release on: www.credit-agricole.comwww.creditagricole.info

      Crédit_Agricole   Groupe Crédit Agricole   créditagricole_sa

    Attachment

    The MIL Network

  • MIL-OSI: CREDIT AGRICOLE S.A. ANNOUNCES REDEMPTION OF ¥5,800,000,000 Japanese Yen Callable Subordinated Bonds issued on June 4, 2020 (ISIN: JP525022CL68)

    Source: GlobeNewswire (MIL-OSI)

                                                     Montrouge, May 6, 2025

    CREDIT AGRICOLE S.A. ANNOUNCES REDEMPTION OF

    ¥5,800,000,000 Japanese Yen Callable Subordinated Bonds

    issued on June 4, 2020 (ISIN: JP525022CL68)*

    Crédit Agricole S.A. (the “Issuer”) announces today the redemption (the “Redemption”) with effect on June 4, 2025 (the “Redemption Date”) of all of its outstanding ¥5,800,000,000 Japanese Yen Callable Subordinated  Bonds – issued on June 4, 2020 (ISIN: JP525022CL68) (the “Bonds”) pursuant to Condition 7 (5) (Redemption at the option of the Issuer) of the Conditions of the Bonds (the “Conditions of the Bonds”), at a price equal to 100% of the principal amount together with interest accrued to and including the date fixed for redemption (the “Redemption Amount”).

    On the Redemption Date, the Redemption Amount shall become due and payable and, in accordance with Condition 6 (3) of the Conditions of the Bonds, unless the Redemption Amount is improperly withheld or refused, each Bond shall cease to bear interest on the Redemption Date.

    The holders of the Bonds will receive formal notice of the Redemption in accordance with the Conditions of the Bonds.

    For further information on Crédit Agricole S.A., please see Crédit Agricole S.A.’s website: https://www.credit-agricole.com/en/finance.

    DISCLAIMER

    This press release does not constitute an offer to buy or the solicitation of an offer to sell the Bonds in the United States of America, Canada, Australia or Japan or in any other jurisdiction. The distribution of this press release in certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes are required to inform themselves about, and to observe, any such restrictions

    No communication or information relating to the redemption of the Bonds may be distributed to the public in a country where a registration obligation or an approval is required. No action has been or will be taken in any country where such action would be required. The redemption of the Bonds may be subject to specific legal and regulatory restrictions in certain jurisdictions; Crédit Agricole S.A. accepts no liability in connection with a breach by any person of such restrictions.

    This press release is an advertisement; and none of this press release, any notice or any other document or material made public and/or delivered, or which may be made public and/or delivered to the holders of the Bonds in connection with the redemption of the Bonds is or is intended to be a prospectus for the purposes of Regulation (EU) 2017/1129 of the European Parliament and of the Council dated 14 June 2017 (as amended, the “Prospectus Regulation”). No prospectus will be published in connection with the redemption of the Bonds for the purposes of the Prospectus Regulation.

    This press release does not, and shall not, in any circumstances, constitute an offer to the public of Bonds by Crédit Agricole S.A. nor an invitation to the public in connection with any offer in any jurisdiction, including France.

    * The ISIN number is included solely for the convenience of the holders of the Bonds. No representation is being made as to the correctness or accuracy of the ISIN number either as printed on the Bonds or as contained herein and the holder may rely only on the identification numbers printed on its Bond.

    モンルージュ、2025年5月6日

    クレディ・アグリコル・エス・エー

    7回期限前償還条項付円貨社債(劣後特約付)(2020

    202064日発行、58億円(ISIN: JP525022CL68*)の

    期限前償還を公表

    クレディ・アグリコル・エス・エー(「発行会社」)は、2020年6月4日に発行したクレディ・アグリコル・エス・エー第7回期限前償還条項付円貨社債(劣後特約付)(2020)(ISIN: JP525022CL68)(「本社債」)の58億円全額について、本社債の要項(「社債要項」)第7項(5)(発行会社による任意償還)に基づき、2025年6月4日付(「償還期日」)で、本社債の金額の100%に償還期日(その日を含む。)までの経過利息を付して(「償還金額」)期限前償還(「本償還」)することを本日公表いたしました。

    償還期日に償還金額の支払期限が到来し、社債要項第6項(3)に基づき、償還金額の不当な留保又は拒絶がなされない限り、償還期日をもって各本社債にかかる利息の付与が停止されます。

    本社債の所持人は、社債要項に従い、本償還に関する正式な通知を受ける予定です。

    クレディ・アグリコル・エス・エーの詳細については、クレディ・アグリコル・エス・エーのWebサイト(https://www.credit-agricole.com/en/finance)をご参照ください。

    免責事項

    本プレスリリースは、米国、カナダ、オーストラリア、日本またはその他の法域において、本社債の購入の申込みまたは売却の申込みの勧誘を構成するものではありません。一定の法域においては、本プレスリリースの配布が法律によって制約される場合があります。本プレスリリースを入手した者には、かかる制約について自ら調査し、遵守することが要求されます。

    登録義務または承認が要求される国においては、本社債の償還に関するコミュニケーションまたは情報を公に配布してはなりません。かかる措置が要求される国において、いかなる措置も講じられておらず、または講じられる予定もありません。本社債の償還は、一定の法域において、特定の法律および規制上の制約を受ける可能性があります。クレディ・アグリコル・エス・エーは、かかる制約に対するいかなる者の違反についても、一切責任を負いません。

    本プレスリリースは広告にすぎず、本プレスリリース、または本社債の償還に関連し本社債の債権者に対し公表および/もしくは交付された、または公表および/もしくは交付される通知その他の文書または資料は、2017614日付欧州議会および理事会の規則(EU)第2017/1129号(その後の改正を含み、以下「目論見書規則」)上の目論見書ではなく、かかる目論見書を意図したものでもありません。目論見書規則の適用上、本社債の償還に関して目論見書は発行されません。

    本プレスリリースは、いかなる場合においても、クレディ・アグリコル・エス・エーによる本社債の公募を構成するものではなく、またフランスを含むいかなる法域における申込みに関連しても、勧誘を構成するものではありません。

    * ISIN番号は、本社債の債権者の便宜のためにのみ付されたものです。本社債に印刷されたまたは本プレスリリースに記載されたISIN番号の正しさまたは正確性を表明するものではなく、債権者は、本社債に印刷された識別番号にのみ依拠することができます。

    CRÉDIT AGRICOLE S.A. PRESS CONTACT

    Alexandre Barat                             + 33 1 57 72 12 19                                      alexandre.barat@credit-agricole-sa.fr
    Olivier Tassain                               + 33 1 43 23 25 41                                      olivier.tassain@credit-agricole-sa.fr

    Find our press release on: www.credit-agricole.comwww.creditagricole.info

      Crédit_Agricole   Groupe Crédit Agricole   créditagricole_sa

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  • MIL-OSI: LECTRA: Monthly declaration of the total number of shares and voting rights composing the company’s capital (at April 30th, 2025)

    Source: GlobeNewswire (MIL-OSI)

    Monthly declaration of the total number of shares and voting rights composing the company’s capital (at April 30th, 2025)

    This declaration is established in accordance with Article L.233-8 II of the French Code de Commerce and of Article 223-11 of the Règlement Général of the Autorité des marchés financiers (AMF).

    Date:

    April 30th, 2025

    Total number of shares composing the capital:

    38,031,957

    Total number of voting rights, gross (1):

    38,222,107

    Total number of voting rights, net (2):

    38,187,634

    (1) In accordance with the second paragraph of article 223-11 of the Règlement Général of the AMF, the gross total of voting rights is based on the total number of shares composing the company’s capital which have voting rights, including shares deprived of their voting rights

    (2) The net total of voting rights is equal to the gross total, minus the number of shares deprived of their voting rights (treasury shares)

    Other than the legal notification requirements for crossing the thresholds established by French law, there is no special statutory obligation.

    Attachment

    The MIL Network

  • MIL-OSI: FiberCop renews its trust in Solutions30 with a three-year contract worth more than €125 million for optic fiber deployment in Northern Italy

    Source: GlobeNewswire (MIL-OSI)

    Solutions30, a European leader in rapid-response field services for the telecommunications, energy and digital sectors announces that its subsidiary Solutions30 Italia has renewed its contract with FiberCop, a key player in the development of Italy’s optic fiber infrastructure. The total value of the contract exceeds €125 million over three years. 

    The agreement provides for the continuation of FTTH (Fiber To The Home) network deployment in the Piedmont and Aosta Valley regions. The project will cover approximately 300,000 housing units, further strengthening connectivity across Italy and helping to bridge the digital divide.

    The strengthening of the collaboration with Fibercop confirms the strong relationship built between the two companies over the past years. It will accelerate FiberCop’s fiber rollout schedule, supporting the country’s digitalization goals and the European agenda for ultra-fast connectivity. Moreover, it is fully aligned with Solutions30’s strategy of contract selectivity, particularly in Italy, where recent improvements in operational and contractual dynamics are enabling the Group to return to balanced, profitable growth in this market.

    Solutions30 Italia will remain involved in all key project phases – from design and installation to network activation at the end user’s premises, contributing to the deployment of a reliable and high-performance infrastructure. The renewed agreement also includes the enhancement of quality standards, operational sustainability, and technical training across the regions concerned.

    The development of the secondary FTTH network plays a strategic role in Italy’s digital transformation. By bringing fiber directly into homes, businesses, offices, and public administrations, the network will ensure stable, ultra-high-performance connections capable of meeting the growing demand for advanced digital services.

    This infrastructure is essential for enabling applications such as remote working, distance learning, Industry 4.0, and digital public services, thereby enhancing the country’s competitiveness. Moreover, the expansion of the FTTH network will help reduce the digital divide between regions, supporting a more inclusive and balanced economic development.

    “We are proud to continue and strengthen our collaboration with FiberCop through a strategic project for the country’s digital future,” said Paolo Polleri, Telco Key Account and Operations Manager at Solutions30 Italia.“This contract marks a new milestone in our commitment to supporting the rollout of ultra-fast broadband and contributing to the technological and social development of the regions involved.”

    Thanks to this renewed agreement, Solutions30 Italia will continue working in synergy with FiberCop on numerous projects, supporting the expansion of the ultra-fast broadband network in line with the objectives of the Digital Agenda and Italy’s National Recovery and Resilience Plan (PNRR).

    “The renewal of this agreement reflects the strength of our partnership and the value Solutions30 brings as a reliable and innovative technology partner,” said Giovanni Ragusa, CEO of Solutions30 Italia. “Together, we aim to make a tangible contribution to Italy’s digital development.”

    About Solutions30 SE

    Solutions30’s mission is to make the technological developments that are transforming our daily lives accessible to everyone, individuals and businesses alike, especially with regard to the digital transformation and the energy transition. With its network of more than 16,000 technicians, Solutions30 has completed over 65 million call-outs since its inception and led over 500 renewable energy projects with a combined maximum output surpassing 1800 MWp. Every day, Solutions30 is doing its part to build a more connected and sustainable world. Solutions30 has become an industry leader in Europe with operations in 10 countries: France, Italy, Germany, the Netherlands, Belgium, Luxembourg, Spain, Portugal, the United Kingdom, and Poland. The capital of Solutions30 SE consists of 107,127,984 shares, equal to the number of theoretical votes that can be exercised. Solutions30 SE is listed on the Euronext Paris exchange (ISIN FR0013379484- code S30). Indices : CAC Mid & Small | CAC Small | CAC Technology | Euro Stoxx Total Market Technology | Euronext Tech Croissance.

    Visit our website to learn more: www.solutions30.com

    Contact

    Individual Shareholders:
    actionnaires@solutions30.com – Tel: +33 1 86 86 00 63

    Analysts/Investors:
    investor.relations@solutions30.com

    Press – Image 7:
    Charlotte Le Barbier – Tel: +33 6 78 37 27 60 – clebarbier@image7.fr

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  • MIL-OSI: FillaRole Launches AI-Powered Hiring Platform to Transform Canadian Employment

    Source: GlobeNewswire (MIL-OSI)

    SASKATOON, Saskatchewan, May 06, 2025 (GLOBE NEWSWIRE) — Canadian businesses now have a smarter, faster way to hire—thanks to FillaRole. Officially launched in beta earlier this year, the AI-powered platform is now fully available across the country and has already attracted more than 40,000 job applicants and 90,000 users.

    Unlike traditional job boards that leave hiring teams buried under piles of unqualified resumes, FillaRole is purpose-built to simplify employment. The platform combines advanced artificial intelligence with real human support to instantly organize, rank, and categorize applicants by location and fit. With growing national attention, FillaRole recently earned a coveted spot in VentureLAB’s Accelerated Growth Program, which supports high-potential Canadian tech companies that are redefining their industries.

    Built for Real-World Employers, Not Recruiters

    “Business owners don’t have time to babysit job boards. You post a job, get flooded with resumes, and hope for the best,” said Keli Propp, CEO of FillaRole. “Platforms like Indeed or ZipRecruiter leave you doing all the work. FillaRole actually cares if you succeed. Whether you need one great local hire or a shortlist of candidates from across the country, or across the globe, we make it easy.”

    FillaRole is a three-generation, family-owned and operated Canadian job platform. While designed for employers of all sizes and industries, it has proven especially successful in the construction, manufacturing, hospitality, and healthcare sector—where hiring is often urgent, but rarely anyone’s full-time job. The company has recently gained high-profile support through its new strategic advisor, Jon Reyes, former Cabinet Minister for the Province of Manitoba, who brings valuable credibility and deep insight into workforce policy and immigration strategy.

    Key Features That Save Time and Stress

    Getting started on average takes just seven minutes. Employers sign-up for free, answer a few quick questions, and FillaRole’s team and technology take it from there. Key features include:

    • One-click posting to 19+ job boards – Maximize visibility in a single step.
    • AI-powered matching – Candidates are instantly ranked by fit and location, saving hours.
    • Human support when you need it – From writing job ads to scheduling interviews.
    • Performance reporting in 48 hours – Know what’s working and where to adjust.
    • Local talent first – Prioritizes qualified candidates near you, with the ability to tap into global talent when needed.
    • Immigration-ready talent access – For hard-to-fill roles, access over 40,000 skilled workers through a trusted partner with a 99.5% success rate.

    Built for Local Talent, Ready for the World

    FillaRole operates on the principle of “Hire Near. Hire FaR.” While the platform emphasizes securing local talent, it also recognizes that sometimes local talent isn’t available. In such cases, FillaRole provides seamless, compliant, and stress-free access to global talent through its partnerships with various vetted Regulated Canadian Immigration Consultants (RCICs) across Canada.

    Job seekers also benefit from FillaRole’s streamlined approach. Whether they’re Canadian residents or immigration-ready professionals, candidates can register and get matched with real job opportunities that align with their skills and experience. They’ll also receive ongoing push notifications when new, relevant roles are posted—no more sifting through outdated listings.

    FillaRole is a comprehensive solution designed to give businesses a competitive edge in today’s job market. By combining convenience, efficiency, and AI precision, FillaRole delivers better candidates, less time wasted, and a hiring experience built around how real businesses operate.

    “Our clients don’t care about buttons and dashboards. They just want good people and less stress,” said Propp. “We built FillaRole to deliver exactly that.”

    Employers can sign up today or request a demo at www.fillarole.ca.

    About FillaRole
    FillaRole is an AI-powered hiring platform developed to simplify employment for Canadian businesses. By automating job postings and applicant sorting, FillaRole enables employers to save time, improve efficiency, and focus on hiring the right talent. Proudly Canadian, FillaRole supports both local and international hiring with expert guidance every step of the way. To learn more, visit www.fillarole.ca.

    Media Contact:
    Keli Propp
    CEO, FillaRole
    Email: keli@fillarole.ca
    Phone: 306-900-6899

    The MIL Network

  • MIL-OSI: TSplus Launches Subscription Licensing for All Products, Offering Greater Flexibility and New Revenue Opportunities

    Source: GlobeNewswire (MIL-OSI)

    PARIS, May 06, 2025 (GLOBE NEWSWIRE) — TSplus, a leading provider of secure remote access and application delivery solutions, is proud to announce the official launch of subscription licensing as an additional purchase option across its entire product range. This major update, now available on the TSplus online stores and reflected in the License Portal, marks a strategic enhancement to how customers and partners can access TSplus software.

    TSplus Subscription: An Additional Option, Not a Replacement

    For years, TSplus has offered perpetual licenses, which remain unchanged and will continue to be available as the standard choice for those who prefer one-time purchases. Now, customers and partners can also opt for flexible subscription-based licenses, tailored to meet the evolving needs of businesses of all sizes – particularly startups, SaaS providers, hosting companies, and organizations seeking to reduce upfront investment.

    Importantly, subscriptions can be mixed with permanent licenses on the same server. For example, a Remote Access license can be perpetual, while 2FA is activated via a subscription.

    “This is not a replacement, but an expansion,” said François Stoop, International Sales Director at TSplus. “By adding subscriptions, we’re empowering our partners with new ways to serve diverse customer profiles while tapping into a stream of recurring revenue.”

    The move comes in response to growing demand from partners and clients looking for more adaptable software purchasing models. With this change, TSplus Remote Access, Remote Support, Server Monitoring, and other core solutions are now available either as permanent licenses or through monthly/annual subscriptions.

    And, subscriptions are compatible with all current product versions, including all supported LTS versions.

    Key Benefits of TSplus Subscription Licensing

    Why choose a TSplus Subscription? To enjoy more flexibility and scalability:

    • More flexibility: Ideal for dynamic environments or short-term projects.
    • Lower upfront costs: Pay as you go without large capital expenditure.
    • Scalable plans: Adjust licensing as business needs evolve.
    • Recurring revenue: For partners, subscriptions open new opportunities to build sustainable income.

    TSplus has published a comprehensive FAQ that answers common questions about subscriptions, compatibility, mixing license types, and more:
    TSplus Subscription FAQ

    This update is supported by significant changes to the TSplus purchasing interface ensuring a smooth experience for users who choose the subscription route, and fully integrated into the License management portal, where a dedicated “Subscription” tab makes it easy for customers and partners to manage their new licenses.

    As of yesterday, 5th of May, subscription licensing is available directly on TSplus product pages. With the rollout now complete, TSplus has also published its updated 2025 pricing (see PDF).

    To learn more about our partner offering, visit https://tsplus.net/partner-program/ , or log in to your partner portal to explore the new licensing options.

    About TSplus

    TSplus provides secure remote access, application delivery, and IT infrastructure management solutions to businesses and organizations worldwide. With a strong presence in over 140 countries and more than 500,000 deployments, TSplus helps companies of all sizes reduce IT complexity, enhance productivity, and enable secure digital workspaces. TSplus products are designed for flexibility, scalability, and ease of use — empowering partners and customers with cost-effective alternatives to traditional remote desktop technologies.

    Press Contact

    Caleb Zaharris

    Marketing Director at TSplus

    Caleb.zaharris@tsplus.net

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f0523bfd-0591-4e3f-9c70-e2d6a67dc04d

    The MIL Network

  • MIL-OSI: Capgemini confirms its ESG commitment with an updated policy and enhanced objectives

    Source: GlobeNewswire (MIL-OSI)

    Press contact:
    Sereydana Oum
    Tel.: +33 6 61 42 03 59
    E-mail: sereydana.oum@capgemini.com

    Capgemini confirms its ESG commitment with an updated policy
    and enhanced objectives

    As a responsible organization, Capgemini remains committed to the ESG priorities set out in 2021 while unveiling new ambitious targets

    Paris, May 6, 2025– Capgemini has updated its ESG policy and objectives set in 2021, reinforcing its commitment to sustainable growth, responsible business practices, and corporate accountability. The updated policy builds on the 8 priorities defined in 2021, adding a 9thfocused on ethics, and outlines 14 objectives. It further demonstrates the Group’s dedication to addressing global challenges while respecting local regulations and creating long-term value for stakeholders.

    Capgemini intends to drive progress and lead in the transition to a more sustainable economy. As part of its ESG policy set in 2021, the Group has already reached many objectives and will continue to build on this momentum through its updated ESG Policy. Some notable achievements include, as of end 2024:

    • Reducing its absolute Scope 1 & 2 emissions by 93% and Business Travel emissions (Scope 3) by 62% per employee compared to 2019, already achieving its objectives for 2030 (-80% for absolute scope 1 and 2 emissions and -55% per employee for Business Travel emissions);
    • Achieving a 98% share of renewable energy in the Group’s electricity consumption, in line with its objective to reach 100% in 2025;
    • Increasing women’s representation in the global workforce to 39.7%, for an objective of 40% in 2025, reflecting an increase of almost 7 points since 2019. Furthermore, women now account for 29% of the Group executive leadership positions, up from 17% in 2019, in line with its objective of 30% in 2025;
    • Reaching an average of 77 learning hours per employee, significantly above the objective set of an increase of 5% each year since 2019;
    • Demonstrating its leadership in data protection and cybersecurity with the recognition of external rating agencies (Bitsight, RiskRecon and Cybervadis).

    The updated ESG Policy forms the basis for the Group’s sustainability priorities and will continue to be embedded in its activities and offerings by leveraging technology, human capital, and alliances with key partners:

    • The Group has added an investment commitment in high-quality carbon credits, in addition to its objective to reduce its emissions across Scopes 1, 2 and 3 by 90% to become net zero by 2040, as validated by the SBTi Corporate Net-Zero Standard, reflecting its commitment to address excessive carbon in the atmosphere today.
    • In addition, the Group pledges to maintain at least 40% of women in its global workforce and raises its objective for women in global executive positions to 35% by 2030.
    • On digital inclusion, Capgemini extends its target to 10 million beneficiaries, and starting in 2025, will be aligning its reporting method to industry leading B4SI1 impact framework, which focuses on the depth of impact on individuals, rather than the number of people reached through community programs only.
    • Capgemini also aims at strengthening the ethical use of AI by its employees, as this technology will deeply reshape the economies.
    • The Group aims at helping its clients achieve their sustainability commitments by enlarging its portfolio of offerings.

    “ESG is fundamental to our corporate strategy and long-term value creation. This enhanced ESG policy reflects our commitment to innovation, ethical leadership and meaningful impact in order to create a future where our teams, our clients and our partners can thrive, in a responsible and resilient economy,” said Aiman Ezzat, Chief Executive Officer at Capgemini.

    ESG policy

    Priorities Objectives
    Environment: Protecting the planet
    1. Act on climate change and become a net zero business, by 2040
    1. Reduce our Scope 1, 2 and 3 emissions by 90%, by 2040
    2. Scale up our investment in climate and nature solutions at a level commensurate with our total GHG emissions
    1. Lead to a sustainable economy, by helping our clients achieve their sustainability commitments
    1. Increase bookings (value) delivering sustainability benefits to our clients
    Social: Shaping a future with protection & respect for all
    1. Invest in our talents through an empowering experience
    1. Reach and maintain 70 learning hours on average per employee per year
    2. Upskill our talents on one yearly defined strategic topic
    3. Maintain our employees’ belonging index above 80
    1. Maintain high ethical standards at all times
    1. Keep over 80% of the employees with a positive perception of our values, culture, and ethical behaviors in the Group
    2. Enhance awareness and foster the adoption of Ethical AI practices
    1. Enhance inclusion in our activities
    1. Maintain at least 40% of women in our global teams and reach 35% of women in group executive leadership positions, by 2030*
    1. Support digital inclusion in our communities
    1. Support 10M beneficiaries in underserved communities through our digital inclusion programs, by 2030
    Governance: Embedding trust & transparency at every level
    1. Foster a diverse and accountable governance
    1. Maintain best-in-class corporate governance
    1. Value responsible business practices across the value chain
    1. By 2030, suppliers covering 80% of the purchase amount of the previous year will have committed to our ESG standards
    1. Protect and secure data, infrastructure, and identity
    1. Embed data protection into our culture, operations and clients’ delivery
    2. Be recognized as a front leader on cybersecurity

    * We recognize that countries must operate within their local regulatory/legal framework. The Objectives for 2030 are set at a Group level and will accelerate our Inclusion efforts.

    Find more details on the updated ESG policy: https://investors.capgemini.com/en/esg-policy/

    About Capgemini
    Capgemini is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible impact for enterprises and society. It is a responsible and diverse group of 340,000 team members in more than 50 countries. With its strong over 55-year heritage, Capgemini is trusted by its clients to unlock the value of technology to address the entire breadth of their business needs. It delivers end-to-end services and solutions leveraging strengths from strategy and design to engineering, all fueled by its market leading capabilities in AI, generative AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2024 global revenues of €22.1 billion.
    Get the future you want | www.capgemini.com


    1 The Business for Societal Impact (B4SI) framework is aiming to create lasting change, it is globally recognized and leading in the field of social impact reporting.

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  • MIL-OSI: Decisions of KH Group’s Annual General Meeting and the constitutive meeting of the Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    KH Group Plc
    Stock exchange release 6 May 2025 at 6:15 pm EEST

    Decisions of KH Group’s Annual General Meeting and the constitutive meeting of the Board of Directors

    KH Group Plc’s Annual General Meeting was held on 6 May 2025 at Sanomatalo, Flik Event Studio Eliel, at the address Töölönlahdenkatu 2, 00100 Helsinki, Finland. The Annual General Meeting supported all the proposals included in the notice of the Annual General Meeting. The General Meeting adopted the financial statements for the financial period 2024, discharged the members of the Board of Directors and the persons who had acted as CEO from liability for the financial period 2024, and adopted, through an advisory decision, the company’s Governing Bodies’ Remuneration Report for the year 2024.

    Use of profit shown on the balance sheet

    As proposed by the Board of Directors, the General Meeting decided that no dividend be distributed for the financial period ended on 31 December 2024.

    Remuneration of the members of the Board of Directors

    The General Meeting decided that the remuneration of the Board of Directors remain unchanged, so that the Chairman of the Board of Directors be paid as remuneration EUR 3,550 per month and each member of the Board of Directors EUR 2,300 per month. The travel expenses of the members of the Board of Directors are compensated in accordance with the company’s travel policy. Earnings-related pension insurance contributions are paid voluntarily for the paid remuneration.

    Composition of the Board of Directors

    The General Meeting confirmed the number of members of the Board of Directors at six (6). Juha Karttunen, Taru Narvanmaa, Jon Unnérus, Christoffer Landtman, Jari Rautjärvi and Carl Haglund were elected to the Board of Directors until the closing of the Annual General Meeting of 2026.

    Election of the auditor and the sustainability reporting assurance provider

    The General Meeting elected Ernst & Young Oy, Authorised Public Accountant firm, as the company’s auditor. Ernst & Young Oy has notified that Timo Eerola, APA, acts as the principally responsible auditor for the company.

    The General Meeting elected Ernst & Young Oy, Authorised Sustainability Audit Firm, as the company’s sustainability reporting assurance provider. Ernst & Young Oy has notified that Timo Eerola, ASA (Authorised Sustainability Auditor), acts as the principally responsible sustainability auditor for the company.

    The General Meeting decided that the remuneration of the auditor shall be paid according to the auditor’s reasonable invoice approved by the company, and that the remuneration of the sustainability reporting assurance provider shall be paid according to the sustainability reporting assurance provider’s reasonable invoice approved by the company.

    Authorising the Board of Directors to decide on the issuance of shares and special rights entitling to shares

    As proposed by the Board of Directors, the General Meeting authorised the Board of Directors to decide on the issuance of shares and/or the granting of special rights entitling to shares as referred to in Chapter 10, Section 1 of the Finnish Limited Liability Companies Act, in one or several instalments. The total number of shares to be issued under the authorisation may be at the most 11,400,000 shares, and the authorisation concerns both the issuance of new shares as well as the conveyance of shares held by the company. The authorisation may be used to finance or carry out possible acquisitions or other arrangements or investments related to the company’s business, to implement the company’s incentive program, or for other purposes decided by the Board of Directors. The Board of Directors decides on all terms and conditions of a share issue and the issuance of special rights referred to in Chapter 10, Section 1 of the Finnish Limited Liability Companies Act, and the authorisation therefore includes the right of the Board of Directors to deviate from the shareholders’ pre-emptive subscription right (directed issue), the right to issue shares against consideration or without payment, and the right to decide on a free issuance of shares to the company itself.

    The authorisation is effective until 30 June 2026, and it cancels the corresponding authorisation given to the Board of Directors by the Annual General Meeting on 7 May 2024.

    Authorising the Board of Directors to decide on the repurchase of the company’s own shares

    As proposed by the Board of Directors, the General Meeting authorised the Board of Directors to decide to repurchase a maximum of 5,700,000 shares in the company in one or several instalments by using funds in the company’s unrestricted equity, however, taking into account the provisions of the Finnish Limited Liability Companies Act concerning the maximum number of own shares held by the company. The company’s own shares may be repurchased to be used as consideration in possible acquisitions or in other arrangements related to the company’s business, to finance investments, as a part of the company’s incentive program, to develop the company’s capital structure as well as to be conveyed for other purposes, to be held by the company or to be cancelled. The authorisation also includes the right to pledge the company’s own shares. The company’s own shares may be repurchased in public trading organised by Nasdaq Helsinki Ltd otherwise than in proportion to the shareholdings of the shareholders, at the market price at the time of repurchase. The shares will be repurchased and paid in accordance with the rules of Nasdaq Helsinki Ltd and Euroclear Finland Oy. The Board of Directors decides in all other respects on the terms and conditions of the repurchase of own shares.

    The authorisation is effective until 30 June 2026, and it cancels the corresponding authorisation given to the Board of Directors by the Annual General Meeting on 7 May 2024.

    Minutes of the General Meeting

    The minutes of the General Meeting will be available on the company’s website on 20 May 2025, at the latest.

    Decisions of the constitutive meeting of the Board of Directors

    In its constitutive meeting held after the Annual General Meeting, the Board of Directors elected Juha Karttunen as its Chairman.

    Additionally, the Board of Directors resolved to establish an Audit Committee and elected Taru Narvanmaa as Chair and Juha Karttunen and Jari Rautjärvi as members of the Audit Committee.

    The Board of Directors considered all members of the Board of Directors to be independent of the company and of the significant shareholders of the company.

    KH GROUP PLC

    Ville Nikulainen
    CEO

    FURTHER INFORMATION:
    CEO Ville Nikulainen, tel. +358 40 045 9343

    DISTRIBUTION:
    Nasdaq Helsinki Ltd
    Major media
    www.khgroup.com

    KH Group Plc is a Nordic conglomerate operating in the business areas of KH-Koneet, Nordic Rescue Group and Indoor Group. We are a leading supplier of construction and earth-moving equipment, rescue vehicle manufacturer as well as furniture and interior decoration retailer. The objective of our strategy is to create an industrial group around the business of KH-Koneet. KH Group’s share is listed on Nasdaq Helsinki.

    The MIL Network

  • MIL-OSI: BexBack Launches No-KYC Crypto Trading Platform with 100x Leverage and $100 Bonus

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 06, 2025 (GLOBE NEWSWIRE) —

    As the global demand for high-performance crypto trading platforms surges, BexBack, a fast-growing cryptocurrency derivatives exchange, is redefining access and opportunity for traders worldwide. With a commitment to no-KYC onboarding, up to 100x leverage, and generous promotions including a 100% deposit bonus and $100 trading bonus, BexBack is quickly emerging as a trusted platform for both seasoned investors and new entrants in the crypto space.

    Founded in Singapore and operating globally with offices in Hong Kong, Japan, the U.S., and the U.K., BexBack is a FinCEN-registered MSB (Money Services Business), ensuring compliance with U.S. regulations while offering users privacy, speed, and freedom.

    “At BexBack, we believe crypto trading should be fast, secure, and accessible to everyone—regardless of where they live or what ID they have,” said Amanda, Business Manager at BexBack. “That’s why we offer no-KYC registration and tools that empower users to trade freely in today’s volatile markets.”


    Key Features That Set BexBack Apart:

    • 100x Leverage: Trade BTC, ETH, ADA, XRP, SOL, and over 50 other crypto futures with maximum capital efficiency.
    • No KYC Required: Users can register and start trading with just an email—no personal data needed.
    • Zero Spread: Transparent pricing with no hidden costs between buy/sell.
    • $100 Trading Bonus: Available to new users who deposit ≥ 0.01 BTC or 1000 USDT and complete their first trade.
    • 100% Deposit Bonus: Double your capital—bonus can be used as margin to expand trading power.
    • Demo Account: Practice risk-free with 10 BTC or 1M USDT in virtual funds.
    • 24/7 Global Support: Multi-language assistance and live chat available around the clock.
    • Robust Security: Multi-signature cold wallets, SSL encryption, 2FA, and DDoS protection safeguard user assets.
    • Fair Price Index: BexBack’s pricing is based on real-time data from Binance, Bybit, OKX, Bitget, and Kraken.

    A Platform Designed for Every Trader

    Whether you’re just beginning your crypto journey or you’re an experienced trader seeking greater privacy and performance, BexBack delivers a complete ecosystem tailored to your needs. Its intuitive interface, mobile compatibility, and educational resources make it accessible, while its high-leverage infrastructure attracts professionals aiming to capitalize on short-term market movements.


    Start Trading Today

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (complete one trade within one week of registration), you can be a winner in the new bull run.

    Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack. 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.

    Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e3067e8f-9b47-40a1-9ef2-f678f5f0d9d3

    https://www.globenewswire.com/NewsRoom/AttachmentNg/79202373-df68-4789-a5aa-092b370b1356

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4209e972-4590-4201-84d0-104e90226b42

    The MIL Network

  • MIL-OSI: CNL Team Recognized With CNIC 2024 Ecosystem Innovation Award for Production of Promising New Medical Isotope

    Source: GlobeNewswire (MIL-OSI)

    CHALK RIVER, Ontario, May 06, 2025 (GLOBE NEWSWIRE) — Canadian Nuclear Laboratories (CNL), Canada’s premier nuclear science and technology organization, is pleased to announce that it has been recognized by the Canadian Nuclear Isotope Council (CNIC) alongside the Sylvia Fedoruk Centre and Advanced Cyclotron Systems Inc. for being the first in Canada to produce Actinium-225, a promising new medical isotope in the fight against cancer, using a cyclotron and Radium-226 targets. The team was honoured with this year’s CNIC Ecosystem Innovation Award at the annual awards ceremony held in Ottawa, Ontario on April 15th.

    The CNIC Awards are an annual celebration of the growth and success of Canadian isotope industry and the contributions and innovations of its members and leading Canadian individuals in government and industry. CNIC provides a platform for its community to nominate individuals and organizations who have demonstrated leadership and championed advocacy in the industry. Receiving the Ecosystem Innovation Award, which recognizes a major milestone or initiative in Canada’s isotope industry, recognizes CNL’s ongoing efforts to establish this first-of-a-kind production process in Canada, which brings a significant increase in the quantity of this material to market, and unlocks further research and clinical trials.

    “While Actinium-225 drugs have shown incredible potential to serve as a transformative cancer treatment, clinical trials and eventual drug approvals have been impeded by the tight supply scenario of Actinium-225,” commented Ram Mullur, CNL’s Vice-President of Isotopes. “More than seven years ago, CNL set out to address that challenge with the generator route of production of Actinium-225, and we are now moving ever-closer to industrial-scale production. This was enabled through the services and products provided by our collaborators, including the Sylvia Fedoruk Centre, and Advanced Cyclotron Systems. This achievement is also in support of Actineer, which is a joint venture founded in 2023 by ITM Isotope Technologies Munich SE (ITM), a leading radiopharmaceutical biotech company, and CNL. On behalf of CNL, I want to thank the CNIC for recognizing CNL, our collaborators and partners, and the people who are working so hard to bring this vision to life.”

    “The Fedoruk Centre is proud to participate in this achievement with CNL. The work depended on access to the Saskatchewan Cyclotron Facility, which is owned by the University of Saskatchewan and operated by the Fedoruk Centre. Together, we have advanced the production of an exciting new medical isotope here in Canada,” commented John Root, Executive Director of the Fedoruk Centre. “We must thank the federal and provincial governments who funded the cyclotron and infrastructure to make this innovation possible.”

    “The first demonstration of Actinium-225 production by CNL using ACSI’s TR-24 Cyclotron and targetry system is an important milestone for both organisations. I believe that we will continue this successful collaboration in developing technology that will help in achieving worldwide reliable supply of Actinium-225,” stated Richard Eppich, President and CEO of ACSI.

    CNL is currently working as part of a network of organizations to establish a reliable, industrial-scale production process for Actinium-225. “CNL has come a long way in the last seven years, and this award recognizes all of the hard work we have put in to help achieve this unmet need in the radiopharmaceutical industry,” added Mullur. “But I am pleased to say that we are just getting started, and continue to refine, optimize and improve all aspects of the production process, from development through to the extraction and distribution of the final product. And with each step, our optimism continues to grow that this isotope has the potential to serve as a safe and effective treatment for a variety of cancers.”

    To learn more about CNL, including its work to produce Actinium-225, please visit www.cnl.ca.

    About CNL
    As Canada’s premier nuclear science and technology laboratory and working under the direction of Atomic Energy of Canada Limited (AECL), CNL is a world leader in the development of innovative nuclear science and technology products and services. Guided by an ambitious corporate strategy known as Vision 2030, CNL fulfills three strategic priorities of national importance – restoring and protecting the environment, advancing clean energy technologies, and contributing to the health of Canadians.

    By leveraging the assets owned by AECL, CNL also serves as the nexus between government, the nuclear industry, the broader private sector and the academic community. CNL works in collaboration with these sectors to advance innovative Canadian products and services towards real-world use, including carbon-free energy, cancer treatments and other therapies, non-proliferation technologies and waste management solutions.

    To learn more about CNL, please visit www.cnl.ca.

    About the Sylvia Fedoruk Centre
    The Fedoruk Centre is a not-for-profit corporation with the University of Saskatchewan (USask) as its sole member and an independent board of directors appointed by the USask board of governors. The Fedoruk Centre board is responsible for providing high-level strategic direction and oversight of Fedoruk Centre operations.

    For more information about the Fedoruk Centre, visit: www.fedorukcentre.ca

    About Advanced Cyclotron Systems Inc.
    Advanced Cyclotron Systems, Inc. (ACSI) is a world leader in the design and manufacturing of cyclotron systems. With over 30 years of experience and more than 60 cyclotron systems installed, ACSI can provide a wide range of equipment and services worldwide. ACSI cyclotrons are used for the commercial production and distribution of PET and SPECT nuclides by internationally recognized companies and leading universities and research facilities. ACSI cyclotrons are designed, manufactured, and assembled in Richmond, Canada.

    ACSI offers a full spectrum of cyclotron systems ranging from PET cyclotrons to medium and high energy accelerators. All ACSI manufactured cyclotrons have variable energy and employ external ion source technology, offering the highest beam current output available on the market.

    The versatility, high beam current and exceptional quality of ACSI cyclotrons are the reasons why many of the world’s most prestigious universities and research centers, as well as some of the most successful commercial radioisotope producers have chosen ACSI cyclotrons to meet their radioisotope production needs.

    ACSI headquarters and manufacturing facility is located in Richmond, BC, Canada.

    For more information, please visit www.advancedcyclotron.com.

    CNL Contact:
    Philip Kompass
    Director, Corporate Communications
    1-866-886-2325
    media@cnl.ca

    Sylvia Fedoruk Centre Contact:
    Daniel Hallen
    USask Media Relations
    daniel.hallen@usask.ca  
    306-966-6922

    Advanced Cyclotron Systems Inc. Contact
    Alex Zyuzin
    Director of Research & Business Development
    azyuzin@advancedcyclotron.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/13192f18-235c-42e2-8bce-2e97b6df9c16

    The MIL Network

  • MIL-OSI: LambdaTest Introduces SmartUI Layout Comparison to Revolutionize Visual Testing

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, May 06, 2025 (GLOBE NEWSWIRE) — LambdaTest, a unified agentic AI and cloud engineering platform, has announced the BETA version of its new Layout Comparison feature within the SmartUI SDK. This innovative tool empowers the developers and QA teams to focus on verifying the layout structure in UI testing by excluding differences in content, color, or styling.

    Unlike traditional visual testing that focuses on content discrepancies like text or images, Layout Comparison specifically addresses how elements are arranged on the page. This is essential for ensuring that the layout remains consistent, regardless of the content or style changes, offering a streamlined approach to visual regression testing.

    The feature brings higher accuracy to visual regression testing, supporting use cases such as responsive design validation, multi-language testing, A/B layout comparisons, and compliance with established design systems. Layout Comparison guarantees that the layout functions as intended across all devices and scenarios while working on a component library or managing a large-scale digital platform

    By focusing on layout structure alone, teams can quickly detect and fix inconsistencies, enhancing the overall user experience and design accuracy. Currently in beta, Layout Comparison is available upon request for interested teams. 

    About LambdaTest

    LambdaTest is an AI-native, omnichannel software quality platform that empowers businesses to accelerate time to market through intelligent, cloud-based test authoring, orchestration, and execution. With over 15,000 customers and 2.3 million+ users across 130+ countries, LambdaTest is the trusted choice for modern software testing.

    • Browser & App Testing Cloud: Enables manual and automated testing of web and mobile apps across 10,000+ browsers, real devices, and OS environments, ensuring cross-platform consistency.
    • HyperExecute: An AI-native test execution and orchestration cloud that runs tests up to 70% faster than traditional grids, offering smart test distribution, automatic retries, real-time logs, and seamless CI/CD integration.
    • KaneAI: The world’s first GenAI-native testing agent, leveraging LLMs for effortless test creation, intelligent automation, and self-evolving test execution. It integrates directly with Jira, Slack, GitHub, and other DevOps tools.

    For more information, please visit https://lambdatest.com

    The MIL Network

  • MIL-OSI: Calyx Celebrates 35 Years of Innovation with PATH: The Industry’s Most Advanced All-in-One Mortgage Platform

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, May 06, 2025 (GLOBE NEWSWIRE) — With over 30 years of innovation, Calyx has been at the forefront of mortgage technology, transforming how loans are originated, processed, and closed. Today, the company cements its legacy with PATH—the TRUE cloud-native loan origination system (LOS), enabling lenders to thrive in an era where speed and scalability are non-negotiable. PATH isn’t just software—it’s a revolution in mortgage lending. Built from the ground up in the cloud and battle-tested by hundreds of lenders. PATH is Calyx’s crowning achievement—a comprehensive end-to-end platform that eliminates bottlenecks, enhances agility, and provides the tools necessary to outpace competitors in today’s fast-changing market.

    “Path is the culmination of three decades of Calyx’s DNA: innovation without compromise,” said Joy Ziminskas, Director of Sales & Business Development at Calyx Software. “While others cling to outdated systems, we’ve spent the last ten years perfecting a cloud-native LOS built for the modern lending landscape. If you’re not on PATH, you’re already falling behind.”

    Why PATH Transforms Mortgage Lending

    • True Cloud-Native Architecture: Maximize uptime with silent updates, device-independent access, and elastic scalability that adapts to your business needs.
    • Seamless Compliance & Reporting: Effortlessly generate HMDA, ULDD, and MCR reports, ensuring audit readiness and streamlined regulatory compliance.
    • Proactive Risk Management: Stay ahead with real-time alerts and customizable surveillance tools to mitigate potential risks.
    • Native Point-of-Sale (POS): Accelerate closings by 30% with a mobile-first, lender-branded portal for real-time pre-approvals—at no extra cost.
    • PATH Pricer (PPE): A cost-effective, lender-specific pricing engine that tracks historical data and integrates seamlessly with your investor network (optional).
    • Hedging & Loan Trading Excellence: Seamless integration with Mortgage Capital Trading, Inc. (MCT®)—our exclusive partner and the industry’s leading hedge advisor/loan exchangeempowers lenders to mitigate risk and optimize profitability with precision.

    Market-Leading Features

    • Advanced Underwriting System (AUS): Achieve rapid loan eligibility decisions with direct integration into GSE underwriting systems. PATH AUS for portfolio loans, non-QM programs, and other custom lending solutions.
    • Analytics Dashboard: Enjoy real-time metrics, trend analysis, and interactive reports—offering similar capabilities to leading analytics solutions but at a fraction of the cost.
    • Calyx Industry Connect: Submit loans instantly through an expanding network, projected to include over 100 lenders and investors by 2026.

    Why It Matters

    • Maximize ROI: Pay only for the tools you need—core features included, with optional upgrades tailored to your growth.
    • Effortless Scalability: Grow from 4 to 400 users—or more—without limitations or complex upgrades.
    • Streamlined Automation: Reduce manual errors, speed up processes, and simplify audits with seamless data flow.

    Designed for Growth, Built for Flexibility
    With its modular architecture, PATH gives lenders control over their technology journey. Enjoy transparent pricing, no long-term contracts, and full data ownership—so your operations stay agile and independent as your business expands.

    Availability & Next Steps
    Calyx PATH is now available nationwide. With quick implementation timelines and flexible subscription plans, lenders can start transforming their mortgage processes immediately. Learn more, request a demo, or contact us today at www.pathsoftware.com to start transforming your mortgage process.

    Stay ahead in mortgage lending—choose PATH and lead the future of your business.

    Media Contact:
    Valerie Pineda | Marketing Coordinator
    Phone: (214) 252-5637
    email: valerie_pineda@calyxsoftware.com

    The MIL Network

  • MIL-OSI: KMS Technology Appoints Choon Aun Quek as Chief Growth Officer to Accelerate Global Growth and Innovation

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, May 06, 2025 (GLOBE NEWSWIRE) — KMS Technology, a leading digital engineering and technology solutions provider, is excited to announce the appointment of Choon Aun “Chewie” Quek as Chief Growth Officer. With over 20 years of leadership experience at global technology firms—including Google, IBM, and VMware—Chewie brings a wealth of expertise in digital transformation, AI/ML, and cloud solutions. His appointment follows KMS Technology’s recent growth investment from Sunstone Partners, a growth-oriented private equity firm known for backing AI- and tech-enabled services companies. This partnership positions KMS to execute on its long-term vision with greater speed, scale, and business impact.

    Chewie brings a proven track record of leadership and execution to this next phase of growth. Most recently, he held a senior executive role leading operations across the Americas for a global IT and digital services organization. In that position, he was instrumental in building and scaling high-performing technology teams, driving revenue growth, and expanding market presence. Drawing on his experience with industry leaders like Google and other big tech firms, Chewie has consistently driven strategic growth initiatives, addressed complex enterprise challenges, and helped accelerate upmarket expansion.

    “As KMS continues to scale upmarket and lead with innovation, Chewie’s leadership will be essential in driving our next phase of growth,” said Leo Tucker, CEO of KMS Technology. “His experience building and leading technology services teams, coupled with his deep expertise in AI, cloud, and data, will help us enhance our delivery services, accelerate business impact, and drive even greater value for our clients.”

    In his role as Chief Growth Officer, Chewie will lead KMS Technology’s go-to-market and long-term growth roadmap, focusing on expanding the company’s global delivery model, enhancing AI-driven engineering solutions, and driving client success across a broad range of industries.

    “KMS has built an impressive reputation as a trusted technology partner, helping clients accelerate product development and drive successful business outcomes,” said Chewie. “With our global talent, robust knowledge of emerging tech, and powerful engineering capabilities, I’m excited to lead the company in delivering the next generation of digital solutions.”

    This marks an exciting new chapter for KMS as the company continues to evolve and scale its impact globally. With a strong leadership team in place, KMS remains committed to driving innovation, fostering long-term client success, and maintaining its position as a trusted digital engineering partner.

    About KMS Technology
    Founded in 2009, KMS Technology is a leading provider of Digital Engineering, data, AI, and premier consulting services. Our global engineering teams deliver an integrated suite of innovative solutions designed to help businesses accelerate their digital product development and speed-to-market. Headquartered in Atlanta, with additional offices in Mexico and Vietnam, KMS Technology is committed to driving innovation and delivering exceptional value through a technology-focused, customer-centric approach. For more information, visit www.kms-technology.com.

    The MIL Network

  • MIL-OSI: Silver Tiger Metals Inc. to Present at the Metals & Mining Virtual Investor Conference May 7th

    Source: GlobeNewswire (MIL-OSI)

    HALIFAX, Nova Scotia, May 06, 2025 (GLOBE NEWSWIRE) — Silver Tiger Metals Inc. (TSXV: SLVR, OTCQX: SLVTF), based in Halifax, Nova Scotia, focused on Developing Production at the El Tigre Silver Mining District in Sonora Mexico, today announced that Glenn Jessome, President & CEO will present live at the Metals & Mining Virtual Investor Conference hosted by VirtualInvestorConferences.com, on May 7th.

    DATE: May 7th
    TIME: 1:00 – 1:30 pm ET
    LINK: REGISTER HERE
    Available for 1×1 meetings: May 7th, 8th, and 12th

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.

    Learn more about the event at www.virtualinvestorconferences.com.

    About Silver Tiger and the El Tigre Historic Mine District

    Silver Tiger Metals Inc. is a Canadian company whose management has more than 27 years’ experience discovering, financing, and building large hydrothermal gold and silver mines in Mexico. Silver Tiger’s 100% owned 28,414 hectare Historic El Tigre Mining District is located in Sonora, Mexico. Principled environmental, social and governance practices are core priorities at Silver Tiger. 

    Silver Tiger commenced work on its El Tigre Project in 2017. El Tigre intends to build an open pit and underground mine. Silver Tiger has drilled over 150,000 meters at the El Tigre Project, with 119,000 meters completed since 2020. Silver Tiger has completed several MREs, a maiden MRE in 2017 and MRE updates in 2023 and 2024. The PEA for the El Tigre open pit was released in November 2023. 

    The October 2024 PFS for the El Tigre open pit delivered robust economics. The PFS projects an After-Tax NPV of US$222 million at a 5% discount rate, an After-Tax IRR of 40.0%, and a payback period of 2.0 years. This open pit operation is expected to have a 10-year mine life. The El Tigre project delivers a life of mine undiscounted After-Tax Cash Flow of US$318 million, with initial capital costs of $86.8 million (including $9.3 million in contingency). Operating cash costs are projected at $973/oz AuEq and $12/oz AgEq, with AISC at $1,214/oz AuEq and $14/oz AgEq. The economics of the Project have been evaluated based on a discounted $26/oz silver price and gold price of $2,150/oz. 

    Silver Tiger is now drilling from underground drill pads, focusing on the high-grade silver Veins, Sulphide and Shale Zones. A PEA for the permitted underground mineral resource is expected to be released in the first half of 2025.

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

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

    CONTACTS:
    Silver Tiger Metals Inc.
    Devin Devarennes
    VP Corporate Development & Investor Relations
    902-233-3656
    Devin@silvertigermetals.com

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

    The MIL Network

  • MIL-OSI: Antalpha Announces Launch of Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 06, 2025 (GLOBE NEWSWIRE) — Antalpha Platform Holding Company (“Antalpha” or the “Company”) today announced that it has launched the roadshow for its proposed initial public offering of 3,850,000 ordinary shares with expected pricing between $11.00 and $13.00 per ordinary share. Antalpha expects to grant the underwriters a 30-day option to purchase an additional 577,500 ordinary shares to cover over-allotments, if any. The Company has applied to list its ordinary shares on the Nasdaq Global Market under the ticker symbol “ANTA.”

    Roth Capital Partners and Compass Point are joint book-running managers for the proposed offering.

    The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus relating to this proposed offering, when available, may be obtained by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, copies of the preliminary prospectus, when available, may be obtained from: Roth Capital Partners, LLC, 888 San Clemente Drive, Suite 400, Newport Beach, CA 92660 Attn: Prospectus Department, by phone: (800) 678-9147, or by email at rothecm@roth.com; or Compass Point Research & Trading, LLC, Attention: Syndicate, 1055 Thomas Jefferson Street, N.W. Suite 303, Washington, D.C. 20007, or by email to: syndicate@compasspointllc.com.

    A registration statement on Form F-1 relating to the proposed offering of these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release is being made pursuant to, and in accordance with, Rule 134 under the Securities Act of 1933, as amended, and shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    About Antalpha

    Antalpha is a leading fintech company specializing in providing financing, technology and risk management solutions to institutions in the digital asset industry. As the primary lending partner of Bitmain, Antalpha offers Bitcoin supply chain and margin loans through the Antalpha Prime technology platform, which allows customers to originate and manage their digital asset loans, as well as monitor collateral positions with near real-time data.

    Contact
    Investor Relations: ir@antalpha.com

    Safe Harbor Statement

    This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about Antalpha’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in Antalpha’s filings with the SEC. All information provided in this press release is as of the date of this press release, and Antalpha does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f0c7d150-bab1-4305-b435-3075d23fa0ad

    The MIL Network