NewzIntel.com

Category: GlobeNewswire

  • MIL-OSI: InitVerse Shines at Hong Kong Web3 Festival: Leading the Next Generation of Web3 Infrastructure with Privacy and Innovation

    Source: GlobeNewswire (MIL-OSI)

    TORTOLA, British Virgin Islands, April 09, 2025 (GLOBE NEWSWIRE) — One of the world’s most influential events in the Web3 space, the 2025 Hong Kong Web3 Festival, concluded successfully at the Hong Kong Convention and Exhibition Centre from April 6th to 9th. Co-hosted by Wanxiang Blockchain Labs and HashKey Group, the event attracted over 50,000 attendees, 300+ top industry leaders, and 150 cutting-edge projects. As a pioneering innovator in Web3 infrastructure, InitVerse stood out as one of the spotlight projects at the festival with its strong technical foundation and global strategy. Hakan Sezikli, Chief Business Officer of InitVerse, was invited to participate in several major panel discussions, sharing with global developers and investors how InitVerse is reshaping the future of Web3 through privacy protection and automation.

    Since its debut in 2023, the Hong Kong Web3 Festival has become a key bridge connecting blockchain ecosystems across Asia and Europe. This year’s theme, “Web3 Globalization: Technology, Compliance, and Innovation,” brought together notable guests such as Ethereum co-founder Vitalik Buterin, Binance founder CZ, and Telegram CEO Pavel Durov. Covering hot topics like infrastructure, DeFi, and AI+Web3, the event once again positioned Hong Kong—Asia’s first Web3 event with full government support—as a magnet for global capital and innovation. InitVerse’s participation not only highlighted its globally competitive technical solution but also marked a strategic step forward in the Asia-Pacific region.

    On the main stage and across various sub-events, InitVerse showcased the core strengths of its next-generation Web3 infrastructure to developers worldwide. Built on the INIChain blockchain, InitVerse is an all-in-one platform committed to offering full-lifecycle solutions for DApps—from development to deployment and scaling. Thanks to its technological innovation, InitVerse has already garnered significant attention from industry media and top-tier investment institutions.

    During the panel discussion titled “AI + DePIN: New Possibilities for All Things,” InitVerse CBO Hakan Sezikli remarked:

    “The core contradiction facing current cloud and AI ecosystems lies in the imbalance between data utilization and privacy protection. InitVerse’s TfhEVM technology combines Fully Homomorphic Encryption (TFHE) with the Ethereum Virtual Machine (EVM), delivering a highly secure, private, and fully functional decentralized computing environment. This allows developers to run AI models directly on encrypted data—without needing to decrypt the original information. This breakthrough is crucial for fields like healthcare and finance, where compliance and trust are paramount.”

    InitVerse adopts a modular architecture, separating the INIChain base layer, privacy computing layer, and AI service layer. This ensures decentralization and security while allowing INICloud to dynamically scale computing resources. Developers can flexibly access computing power based on their needs, ensuring DApps maintain high performance even during traffic surges.

    In the forum, Hakan Sezikli further elaborated on InitVerse’s technical vision and community ecosystem. He emphasized that InitVerse’s tech roadmap always seeks a balance between decentralization, performance, and usability. He also revealed that InitVerse is collaborating with multiple institutions to build the next generation of encrypted applications.

    The Hong Kong Web3 Festival marks the third stop in InitVerse’s 2025 globalization strategy. With the unique value of its technology stack, InitVerse has drawn attention from top institutions including **HashKey Capital**, and plans to expand its global influence through the following events:

    • Jakarta, Indonesia (April 12): Community meetup with local leaders to explore the Southeast Asian market
    • Moscow (April 23): First appearance at the Eastern European Blockchain Forum, pushing for enterprise collaborations in Russian-speaking markets
    • Dubai (April 30): Participation in Token2049, expanding into regulated financial use cases in the Middle East
    • (More locations are being planned and will be announced soon)

    InitVerse’s globalization efforts are not only reflected in technology deployment but also in its ongoing efforts to build a decentralized community. Through incentive programs and outreach, the official community grew by over 2,000 new members during the event—demonstrating the market’s strong demand for privacy technology.

    The 2025 Hong Kong Web3 Festival once again proved that the future of Web3 belongs to projects that can balance technical innovation with real-world needs. With TFHE encryption, modular architecture, and AI empowerment, InitVerse is offering developers the ultimate toolkit for privacy and performance. As Hakan Sezikli aptly put it during the panel: “If the future of AI is private, encrypted, and decentralized—InitVerse is building it.”

    About InitVerse

    the next-generation platform designed to simplify the development, deployment, and scaling of decentralized applications (DApps). Powered by INIChain, an advanced blockchain infrastructure, InitVerse provides a secure, efficient, and scalable ecosystem for Web3 projects.By leveraging INIChain’s robust blockchain processing and dynamic scalability, InitVerse offers developers a complete solution for the entire DApp lifecycle. From secure deployment to seamless scaling, InitVerse makes Web3 development accessible and efficient for developers at all levels.

    Contact:
    Sami Yilmaz
    support@inichain.com

    Disclaimer: This press release is provided by INIChain. 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. 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. 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.Speculate only with funds that you can afford to lose.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.

    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 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/cb84d6a8-b0fb-4af1-be8c-82286818edf9

    https://www.globenewswire.com/NewsRoom/AttachmentNg/19392f2e-a984-4521-a29c-5a106600fff9

    The MIL Network –

  • MIL-OSI: Form 8.5 (EPT/RI) – Amendment – Dowlais Group plc

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.5 (EPT/RI)

    Amendment 2(a)
    PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
    Rule 8.5 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)        Name of exempt principal trader: Investec Bank plc
    (b)        Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 Dowlais Group Plc        
    (c)        Name of the party to the offer with which exempt principal trader is connected: Investec is Broker to Dowlais Group Plc
    (d)        Date dealing undertaken: 07th April 2025
    (e)        In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        DEALINGS BY THE EXEMPT PRINCIPAL TRADER

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

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

    (a)        Purchases and sales

    Class of relevant security Purchases/ sales Total number of securities Highest price per unit paid/received Lowest price per unit paid/received

    Ordinary shares

    Purchases

    		 177,668 51 47.75

    Ordinary shares

    Sales

    		 177,068 50.7 48.12

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    N/A N/A N/A N/A N/A

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

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    N/A N/A N/A N/A N/A N/A N/A N/A

    (ii)        Exercise

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

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

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    N/A N/A N/A N/A

    3.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    None

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

    Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to:
    (i)        the voting rights of any relevant securities under any option; or
    (ii)        the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”
    None
    Date of disclosure: 08thApril 2025
    Contact name: Abhishek Gawde
    Telephone number: +91 9923757332

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

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

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

    The MIL Network –

  • MIL-OSI: CoinShares Announces Executive Change

    Source: GlobeNewswire (MIL-OSI)

    April 9, 2025 | SAINT HELIER, Jersey | CoinShares International Limited (“CoinShares” or “the Group”) (Nasdaq Stockholm: CS; US OTCQX: CNSRF), a leading global investment company specialising in digital assets, today announced the departure of Frank Spiteri, Head of Asset Management, and member of the executive committee, from the Group.

    CoinShares’ strong existing team will continue to uphold the high standards that clients and partners have come to expect under the leadership of its executive committee. 

    As part of Mr. Spiteri’s departure arrangements, the Company confirms the following:

    1. Termination of Options: the Company will repurchase 1,019,995 vested stock options previously issued to Mr. Spiteri under the Company’s employee incentive program and such stock options will be cancelled following completion of the transaction outside the market.
    2. Share Repurchase: The Company has entered into an agreement to buy back 435,500 ordinary shares from Mr. Spiteri and his related parties. This repurchase will be executed as a block transaction.
    3. Both transactions were concluded at an average consideration per share of  66.42 SEK

    Each of the transactions have been approved by the Board of Directors and are in compliance with applicable securities regulations.

    CoinShares remains focused on delivering its strategic roadmap and continuing to offer further value to its investors, partners, and shareholders.

    About CoinShares

    CoinShares is a leading global digital asset manager that delivers a broad range of financial services across investment management, trading and securities to a wide array of clients that includes corporations, financial institutions and individuals. Founded in 2013, the firm is headquartered in Jersey, with offices in France, Stockholm, the UK, and the US. CoinShares is regulated in Jersey by the Jersey Financial Services Commission, in France by the Autorité des marchés financiers, in the US by the Financial Industry Regulatory Authority. CoinShares is publicly listed on the Nasdaq Stockholm under the ticker CS and the OTCQX under the ticker CNSRF.

    For more information on CoinShares, please visit: https://coinshares.com
    Company  | +44 (0)1534 513 100 | enquiries@coinshares.com
    Investor Relations | +44 (0)1534 513 100 | enquiries@coinshares.com 

    PRESS CONTACT

    CoinShares
    Benoît Pellevoizin
    bpellevoizin@coinshares.com

    M Group Strategic Communications
    Peter Padovano
    coinshares@mgroupsc.com

    The MIL Network –

  • MIL-OSI: HTX DAO Launches $HTX Holding-Based Voting Mechanism, Ushering in a New Era of Decentralized Governance

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, April 09, 2025 (GLOBE NEWSWIRE) — HTX DAO recently unveiled its official $HTX Holding-Based Voting Mechanism. This significant development marks a pivotal shift in HTX DAO’s governance system, transitioning from “proposal discussion” to “on-chain decision-making”. This launch propels HTX DAO closer to its vision of becoming the “People’s Exchange”, setting a new benchmark for financial democratization within the Web3 landscape.

    Participate in Voting: https://www.htxdao.com/en-us/proposals  

    Governance Evolution: From Community Input to On-Chain Action

    Since the inception of the HTX DAO Forum, the community has actively engaged in robust discussions on key areas including asset listings, fee optimization, and ecosystem incentives. The introduction of the $HTX Holding-Based Voting Mechanism now completes the “proposal-voting-execution” governance cycle. This crucial step reflects HTX DAO’s systematic restructuring into a clearly defined “three-layer governance framework”.

    • Foundation Layer: The Foundation Layer establishes the governance value of the $HTX token based on a “one token, one vote” principle. Serving as both a core trading medium and a vital governance token, $HTX leverages on-chain holding verification on the TRON network, ensuring governance rights are securely vested in actual token holders.
    • Execution Layer: A standardized HIP (HTX Improvement Proposal) process has been established as the formal framework for all governance proposals. Distinct from the initial draft governance process, all proposals submitted via HIP are immutably recorded within the governance system, creating a permanent record of DAO decisions that will serve as a long-term governance reference.
    • Supervisory Layer: Establishes a committee comprising early initiators, core contributors, and community representatives to ensure balanced ecosystem governance. This body assumes essential decentralized development responsibilities, including governance system construction, financial oversight, and governance support.

    In contrast to traditional exchanges with centralized governance, $HTX empowers its holders to directly influence major platform decisions via on-chain voting. This equitable system, where voting power is directly proportional to individual holding amounts, ensures fair governance rights and the equitable distribution of benefits, fostering a truly decentralized governance ecosystem driven by $HTX holders.

    $HTX: Empowering Holders Through Governance and Rewards

    HTX DAO’s innovative governance model presents two compelling core advantages for the community: the direct influence granted by holdings and the tangible economic incentive of votes.

    Holding $HTX provides a direct voice and the means to actively participate in the ecosystem’s governance.. By casting votes, holders directly shape the platform’s future direction, a revolutionary departure from the traditional CEX model where users often passively adhere to established directives. Future Voting initiatives are anticipated to encompass critical decisions such as asset listings and delistings, participation in “Trade to Earn” events, management of risk reserve funds, and the prioritization of new product feature development.

    The HTX DAO governance roadmap reveals future integration of rewards like fee rebates and governance incentives, making participation a profitable activity that encourages long-term $HTX holding. This forward-thinking system design creates a powerful positive feedback loop: “greater involvement → improved decisions → enhanced ecosystem value → direct feedback of rewards”.

    Pioneering a Blended CeFi/DeFi Governance Paradigm

    The essence of HTX DAO’s innovation lies within a pioneering “financial free hub” governance experiment: it strategically blends the operational efficiency and robust regulatory structure of a centralized exchange (CEX) with the open governance and strong community consensus inherent in a decentralized autonomous organization (DAO). Inspired by successful DAO models like Curve and Velodrome, the launch of HTX DAO’s voting function is another key step in bridging CEX and DAO principles, with the potential to pioneer a new paradigm of diverse collaboration at the governance layer.

    As user sovereignty gains prominence, the DAO mechanism offers a measurable route to financial democratization by linking fee revenue, ecosystem benefits, and other elements to governance participation. Within this “financial free hub” experiment, HTX DAO is redefining the relationship between trading platforms and users – evolving from a traditional service provider to a collaborative community that shares in its value.

    As every $HTX holder transforms into a crucial decision-making node within the ecosystem, and each individual vote actively contributes to the platform’s continuous evolution, the emergence of a fully autonomous financial ecosystem within the Web3 era can be collectively anticipated and witnessed. HTX DAO’s meticulously designed framework serves as the guide toward a truly decentralized “financial free hub.”

    About HTX DAO

    As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. It pioneers a blended CeFi/DeFi paradigm, including listing and community governance, through its focus on building an exchange DAO and a free financial hub ecosystem. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates openness and encourages all DAO participants to propose ideas that can promote the development of HTX DAO.

    Contact information

    Website: www.htxdao.com

    Email Address: media@htxdao.com

    Disclaimer: This press release is provided by HTX. 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. 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. 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.Speculate only with funds that you can afford to lose.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.

    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 do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3fb48056-5476-426d-a23f-4fa3188977ff

    The MIL Network –

  • MIL-OSI: GeeMee Attended Game Developers Conference (GDC) 2025 in San Francisco, Highlighted Insights on Mobile Gaming Trends

    Source: GlobeNewswire (MIL-OSI)

    RENO, Nev., April 09, 2025 (GLOBE NEWSWIRE) — The mobile gaming industry continues to evolve at a rapid pace, with developers worldwide seeking innovative approaches to balance monetization requirements with exceptional user experiences. GeeMee participated in the 2025 Game Developers Conference (GDC) held in San Francisco, and its team engaged with global developers and industry leaders to identify key trends that will shape the future of mobile gaming in the coming years.

    GeeMee Insights of GDC 2025

    Engaging with the Global Developer Community

    GDC 2025 reflected an industry at a critical inflection point. Publishers are actively seeking sustainable growth drivers beyond their anticipated major releases, as the mobile gaming sector faces the dual challenge of reigniting growth momentum while adapting to increasingly sophisticated user expectations.

    Discussions and presentations at GDC 2025 highlighted three key innovations that are reshaping the industry’s future: cloud gaming, immersive 3D/VR/AR experiences, and AI-driven user-generated content (UGC). These technologies have evolved beyond theoretical concepts to become essential components of successful gaming strategies.

    Cloud Gaming: Democratizing Access

    Cloud gaming is transforming the industry by making high-quality games accessible on any device, regardless of hardware limitations. Despite infrastructure challenges in emerging markets, this technology represents a promising avenue for global expansion, particularly for reaching users who would otherwise be excluded by traditional hardware requirements. This breakthrough creates new distribution channels, revenue streams, and opportunities in previously untapped market segments.

    Immersive Technologies: Exploring New Frontiers

    VR and AR continue to attract significant attention, offering less saturated markets compared to traditional mobile and console gaming. According to a 2024 Newzoo market report, immersive games generate substantially higher revenue per user than standard mobile titles, creating new paths for monetization.

    As hardware costs decrease and user adoption increases, immersive technologies are transitioning from niche interests to mainstream opportunities. This shift is particularly valuable for developers seeking less competitive market segments with higher monetization potential.

    AI-Driven UGC: Empowering Creators

    User-generated content has emerged as perhaps the most promising growth driver, with a majority of publishers at GDC identifying it as a top priority for 2025-2026. While social video platforms capture a significant portion of Gen Z’s digital attention, substantial growth potential remains in the UGC capabilities within gaming environments.

    According to GeeMee’s survey conducted during GDC 2025, advancements in generative AI tools are significantly reducing obstacles to UGC creation within games. Developers report substantial decreases in content creation time when these tools are properly implemented. For publishers of live service games, well-developed UGC platforms offer both monetization opportunities and a sustainable approach to content creation that reduces development costs while enhancing player engagement.

    GeeMee Solutions: AI-Driven Advertising for the Modern Gaming Ecosystem

    Balancing Monetization and User Experience

    GeeMee addresses the industry’s central challenge: balancing monetization with user experience. The company’s AI-driven approach to advertising aligns perfectly with the industry’s shift toward practical AI applications rather than theoretical possibilities. GeeMee delivers practical solutions to developers’ challenges through intelligent optimization and personalized advertising. Our technology consistently outperforms traditional ad delivery methods, driving higher engagement and conversion rates.

    Global Partnerships and Cross-Regional Expertise

    GDC 2025 enabled GeeMee to establish partnerships with independent developers and major publishers from the around world. GeeMee’s cross-regional approach provides unique insights into diverse market needs. This global perspective allows the company to address region-specific challenges that other ad technology providers might overlook, such as:

    • Optimizing ad delivery for regions with variable connectivity
    • Adapting monetization strategies to regional payment preferences
    • Customizing ad content to align with cultural expectations

    Through these partnerships, GeeMee receives direct feedback from developers worldwide, enabling us to tailor solutions to regional needs and establish a global network dedicated to advancing mobile game advertising.

    Seamless Advertising Integration

    GeeMee’s solutions center on “seamless advertising integration” – a non-intrusive approach that naturally incorporates ads into gameplay without disrupting the user experience. Powered by intelligent algorithms and lightweight tools, this technology enables ads to feel like a natural part of the game rather than an interruption.

    Our ad solutions allow developers to focus on game design while GeeMee handles monetization optimization. By eliminating technical barriers to effective advertising implementation, developers can deploy advanced ad strategies with minimal resources and compete more effectively in an increasingly crowded marketplace.

    In comparative testing conducted by GeeMee’s research team in Q1 2025, our playable ads and interactive advertising experiences demonstrated substantially higher engagement rates compared to static ads, resulting in measurable improvements in player retention for our partners.

    GeeMee’s Vision for the Future of Game Advertising

    GDC 2025 has reinforced three key insights that will guide GeeMee’s continued innovation:

    1. AI-driven personalization is no longer optional but essential for effective monetization
    2. User experience must remain paramount even as monetization pressures increase
    3. Cross-regional expertise provides critical competitive advantages in a global market

    As the mobile gaming landscape continues to evolve, GeeMee remains committed to leveraging innovative technology to enhance both monetization outcomes and user experiences. We are collaborating with developers worldwide to shape the future of game advertising.

    For more information about GeeMee’s solutions, visit the GeeMee website. Developers interested in implementing GeeMee’s AI-driven advertising technology can explore implementation guides at the GeeMee solution or contact the team directly. The company’s blog regularly features industry insights, technical deep dives, and success stories from partners across the global mobile industry.

    Organization: GeeMee
    Contact Person: Renie Whitney
    Website: www.geemee.ai
    Email: renie.w@geemee.ai

    Disclaimer: This content is provided by the GeeMee. The statements, views, and opinions expressed in this column are solely those of the content provider. The information shared in this press release is not a solicitation for investment, nor is it intended as investment, financial, or trading advice. It is strongly recommended that you conduct thorough research and consult with a professional financial advisor before making any investment or trading decisions. Please conduct your own research and invest at your own risk.

    A photo accompanying this announcement is available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/fa29ebcd-bf1b-4738-9324-1116926f45c0

    The MIL Network –

  • MIL-OSI: FUN Token unveils 2025 roadmap to transform gaming into a rewarding digital economy

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) — FUN Token, a pioneer at the intersection of Web3 and gaming, has revealed its ambitious roadmap for 2025–2026, marking a bold new chapter in the evolution of digital entertainment. With a clear mission to revolutionize the gaming landscape, FUN is building a closed-loop, player-first ecosystem where games are more than play—they’re a pathway to real value.

    Gaming is broken—FUN Token is here to fix it

    In a world where players are bombarded with ads and pushed into endless in-app purchases, FUN flips the script. We’re building a player-first ecosystem where gamers get paid to play. No more paywalls, no more attention traps—just seamless gameplay, real rewards, and a token economy that values your time and skill. FUN Token is re-empowering the player and redefining what gaming should be.

    Mission: Play with purpose, earn with FUN

    At the heart of the FUN Token project is a simple but transformative idea: empower gamers to earn tangible value doing what they love. By embedding FUN as the core currency across a growing portfolio of games, the team aims to unify the fragmented Web3 gaming space into a seamless, rewarding experience for players worldwide.

    The core strategy: How FUN is redefining the game

    The FUN roadmap is anchored on four powerful pillars:

    • Closed-loop ecosystem: One wallet. One login. Endless games. FUN is creating a frictionless environment where players can move effortlessly between titles, with all progress, rewards, and identity preserved.
    • Token utility & buy-and-burn engine: Players earn FUN tokens in-game. Revenues from those games are then used to buy FUN on the open market and burn it—reducing supply and boosting token value over time.
    • Gamified rewards & retention: XP systems, loot boxes, streaks, and seasonal quests all reward active participation. FUN is building for stickiness—turning casual players into loyal, lifetime users.
    • Strategic partnerships: By integrating FUN into third-party titles, the team is positioning the token as the “Universal Currency of the Gamingverse.” One token to connect them all.

    The FUN Grand Plan: From foundation to domination

    The roadmap is aggressive, high-impact, and laser-focused on scaling:

    Q2 2025 – Launch the foundation

    • Release 10 mobile games across Android and iOS
    • Launch web-based FUN Wallet
    • Introduce Unified Login for cross-game access
    • Kickstart the “Earn-While-You-Play” movement

    Q3 2025 – Spark the network effect

    • Add 10 more viral/hyper-casual games
    • Reach 1M+ players and 100K+ wallet users
    • Launch achievement systems and daily missions
    • Begin Buy-and-Burn token mechanics
    • Establish first wave of third-party game partnerships

    Q4 2025 – Scale the ecosystem

    • Expand to 30 total games
    • Hit 5M+ users, 500K+ wallets
    • Launch mobile FUN Wallet (iOS & Android) with staking and rewards
    • Introduce NFTs, leaderboards, and community quests
    • Onboard mid-size external studios

    Q1 2026 – Dominate Web3 gaming

    • Grow to 40 games across genres
    • Reach 10M+ players, 1M+ wallet holders
    • Add multi-chain and fiat support in FUN Wallet
    • Integrate FUN into external game economies
    • Host the inaugural Global FUN Gaming Summit

    A universe of FUN awaits

    FUN Token invites players, developers, and investors to join the movement and be part of the ecosystem that’s set to reshape the future of entertainment.

    About FUN Token

    FUN Token is on a mission to become the default digital currency of gaming. Powered by Web3 technology and backed by a vibrant, self-sustaining economy, FUN is creating a unified ecosystem where every game, action, and user contributes to a dynamic gaming universe. Learn more at https://funtoken.io/

    FUNToken.io Socials:
    X.com/FUNtoken_io
    t.me/officialFUNToken

    Contact:
    Lukas Meier
    pr@funtoken.io

    Disclaimer: This press release is provided by FUNToken. 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. 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. 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.Speculate only with funds that you can afford to lose.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.

    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 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/e878754a-16b5-426d-b40f-f8437971dda1

    https://www.globenewswire.com/NewsRoom/AttachmentNg/02e9beb7-a442-4eee-b09c-f3194758d79e

    The MIL Network –

  • MIL-OSI: Toobit Wins Best Crypto Exchange MENA 2025 at World Business Outlook Awards

    Source: GlobeNewswire (MIL-OSI)

    GEORGE TOWN, Cayman Islands, April 09, 2025 (GLOBE NEWSWIRE) — Toobit, a leading global cryptocurrency exchange, has been named Best Crypto Exchange MENA 2025 at the World Business Outlook Awards. This accolade highlights Toobit’s outstanding performance, innovation, and commitment to delivering secure and efficient trading experiences across the Middle East and North Africa (MENA) region.

    The World Business Outlook Awards celebrates excellence in business leadership, innovation, and market influence each year, spotlighting industry leaders who set new benchmarks in their respective sectors.

    “Toobit is honored to receive this recognition,” said Mike Williams, Chief Communication Officer of Toobit. “MENA presents exciting opportunities for digital asset growth, and we are happy to work with our many partners within the region to expand access to crypto education as well as adoption.”

    The MENA region has recently emerged as a hub for cryptocurrency activity. In the United Arab Emirates alone, the cryptocurrency market is projected to reach a transaction value of US$1.53 billion in 2025, with over 30% of its population—approximately 3 million people—owning digital assets. This rapid market growth is representative of the region’s rising influence in the global digital asset space.

    Toobit’s foray into the MENA region is not the platform’s first expansion into the wider cryptocurrency markets. In July 2024, the exchange formally ventured into South Korea, responding to a burgeoning demand for crypto derivatives in the APAC region.

    For more information about the World Business Awards 2025, visit: https://worldbusinessoutlook.com/awards/

    About Toobit

    Toobit is where the future of crypto trading unfolds—an award-winning cryptocurrency derivatives exchange built for those who thrive exploring new frontiers. With deep liquidity and cutting-edge technology, Toobit empowers traders worldwide to navigate the digital asset markets with confidence. We offer a fair, secure, seamless, and transparent trading experience, ensuring every trade is an opportunity to discover what’s next.

    For more information about Toobit, visit: Website | X | Telegram | LinkedIn | Discord | Instagram

    Contact: Davin C.
    Email: market@toobit.com
    Website: www.toobit.com

    Disclaimer: This press release is provided by Toobit. 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. 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. 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.Speculate only with funds that you can afford to lose.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.

    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 do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fe4b1882-6204-43c3-80f8-86523e3b53d1

    The MIL Network –

  • MIL-OSI: $731 Billion In Home Equity Expected To Be Locked-In Due To “Negative Credit Shocks” Homeowners Will Face This Year

    Source: GlobeNewswire (MIL-OSI)

    Palo Alto, California, April 09, 2025 (GLOBE NEWSWIRE) — A new economic analysis from Point highlights a growing challenge for American homeowners: accessing their home equity in times of financial need. According to the report, approximately 4.6 million homeowners with a mortgage experience a labor market shift each year that potentially negatively impacts their credit scores—potentially locking them out of traditional home equity lending options. In total, this represents an estimated $731 billion in “trapped” home equity.

    For decades, home equity has served as a financial safety net, helping homeowners manage life’s major expenses, from home renovations to medical bills. However, the report identifies two fundamental shifts in the post-pandemic economy that are reshaping access to home equity: persistently high interest rates and the normalization of non-traditional career paths.

    Key Findings:

    • Point estimates that roughly 9% of homeowners with a mortgage experience a job loss, pay reduction, or transition to self-employment in a typical year. These events can lower credit scores and restrict access to home equity loans and lines of credit.
    • Homeowners facing a negative credit shock collectively hold an estimated $731 billion in home equity that they may be unable to access due to credit constraints.
    • High interest rates significantly increase the cost of borrowing against home equity, making traditional options like cash-out refinancing less viable.
    • The rise of “jungle gym” careers—characterized by frequent job transitions, gig work, and self-employment—has increased financial volatility, further exacerbating credit-related barriers to home equity access.

    Regional Impact:
    The report finds that homeowners across all regions of the U.S. are affected at similar rates:

    • Northeast: $149 billion in “locked-in” home equity
    • South: $247 billion
    • Midwest: $121 billion
    • West: $284 billion

    “Millions of homeowners are facing a financial paradox: they’ve built up significant home equity but are unable to access it precisely when they need it most,” said Aaron Terrazas, economist for Point. “With traditional home equity lending increasingly out of reach for many Americans, the industry is just starting to adapt to these new economic realities and develop innovative ways to provide homeowners with the financial flexibility they need precisely when they need it.”

    Recent labor market trends further highlight the financial pressures homeowners face. In 2025 alone, U.S. employers and the federal government have announced over 275,000 job cuts, with significant reductions in the federal workforce due to restructuring efforts. Economic conditions have evolved rapidly in recent weeks, and ensuring flexible and accessible lending solutions will be increasingly critical for maintaining financial stability among homeowners.

    Read the entire report on negative credit shocks here. 

    About Point

    Point is the leading home equity platform making homeownership more valuable and accessible. Point’s flagship product, the Home Equity Investment (HEI), empowers homeowners to unlock their equity to eliminate debt, get through periods of financial hardship, and diversify their wealth – without adding to their monthly expenses. Point has worked with more than 10,000 homeowners, unlocking $1 billion in home equity. Point’s HEI enables investors to access a previously untapped asset class – owner-occupied residential real estate. Founded in 2015 by Eddie Lim, Eoin Matthews, and Alex Rampell, Point is backed by top investors, including Westcap, Andreessen Horowitz, Ribbit Capital, Greylock Partners, Bloomberg Beta, Atalaya Capital Management, Alpaca VC, and Prudential. The company is headquartered in Palo Alto, CA. For more information, please visit www.point.com

    The MIL Network –

  • MIL-OSI: Aiden Labs Launches $ADN Token, Revolutionizing AI-Powered Web3 Experiences

    Source: GlobeNewswire (MIL-OSI)

    Aiden Labs, a visionary platform at the intersection of artificial intelligence and blockchain, has officially launched its $ADN token—marking a major leap forward in its mission to transform how users interact with Web3 through AI-driven solutions. At the core of this innovation is Aiden’s decentralized ecosystem, built to empower investors, creators, and communities with intelligent tools and transparent infrastructure.

    CHARLESTOWN, Nevis West Indies, April 09, 2025 (GLOBE NEWSWIRE) — Following its highly anticipated Initial DEX Offering (IDO) across leading launchpads, such as Kommunitas, Kingdom Starter, Spores Network, Poolz Finance, and Huostarter Aiden Labs has solidified its position as a trailblazer in the rapidly evolving AI and blockchain landscape. The IDO attracted significant attention from both crypto-native investors and AI tech enthusiasts, all eager to be part of a platform redefining digital interaction and content creation.

    As artificial intelligence continues to gain traction across industries, Aiden Labs is seizing the opportunity to embed powerful AI agents within the decentralized Web3 fabric. Its flagship product, Lunar, is an AI-powered DeFAI agent that acts as a personal investment advisor—delivering real-time insights, risk assessments, and security analytics, thanks to its integration with CertiK.

    But Aiden’s ecosystem goes far beyond investment tools. It includes an AI content creation platform, enabling users to generate high-quality images, videos, and research outputs; and a NFT-powered Launchpad, where community engagement and token holding translate to enhanced allocation and launch access. With these innovations, Aiden Labs is creating a scalable and intelligent ecosystem built for the next wave of Web3 adoption.

    Aiden Labs combines key technologies and unique differentiators to deliver a cutting-edge Web3 experience. Built on EVM-compatible smart contracts and powered by IPFS distributed storage, the platform ensures decentralization, data privacy, and fast, transparent access. Leveraging advanced large language models like GPT, Claude, and Gemini, Aiden offers conversational AI and natural language processing for intelligent, human-like interactions, enhancing both search and investment analysis. Its blockchain-integrated content creation tools empower creators with full ownership and monetization rights, while the native $ADN token powers access to premium AI features, Launchpad participation, DeFAI consultations, and more—making it the backbone of Aiden’s dynamic ecosystem.

    The $ADN token serves as the core utility within the Aiden Labs ecosystem, unlocking a wide range of benefits for holders. It provides access to Lite and Plus packages on the AI platform, supports pay-per-use features like image and video generation, research queries, and DeFAI investment consultations, and grants priority allocations on the NFT-powered Launchpad based on token tier. Additionally, $ADN holders gain voting rights for governance decisions, enjoy enhanced staking rewards when paired with NFTs, and can access exclusive AI tools and gated communities. As the ecosystem expands, the demand and value of $ADN continue to grow, solidifying its role as a foundational element of Aiden’s long-term vision.

    During its IDO on Kommunitas and other platforms, Aiden Labs achieved over 60% of its funding target within the first six hours and was fully subscribed in under 48 hours. This enthusiastic response reflects the growing demand for intelligent, user-focused blockchain applications. Aiden’s post-IDO strategy includes expanding its AI and blockchain capabilities, onboarding new strategic partners, and initiating token buybacks funded through platform revenue—all designed to enhance the long-term value and utility of the $ADN token.

    Looking ahead, Aiden Labs is set to expand across multiple chains, integrate new generative AI models, and scale its suite of user-centric products. With its unique blend of AI precision, blockchain security, and decentralized design, Aiden aims to become a cornerstone of the intelligent Web3 economy. By offering users and developers a transparent, efficient, and powerful toolkit, Aiden Labs is setting the standard for the future of decentralized, AI-enhanced digital ecosystems.

    About Aiden Labs
    Aiden Labs is an AI-powered Web3 platform dedicated to building secure, intelligent, and decentralized tools for the next generation of digital users. Its native token, $ADN, fuels a vibrant ecosystem spanning investment analysis, content creation, and token launches. With strategic alliances, cutting-edge technology, and a user-first philosophy, Aiden Labs is redefining what’s possible in Web3.

    Contact:
    Hyojin Jang
    info@aidenlabs.ai

    Disclaimer: This press release is provided by Aiden Labs. 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. 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. 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.Speculate only with funds that you can afford to lose.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.

    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 do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b887c255-9f23-4d40-ba6c-9dff50a95f62

    The MIL Network –

  • MIL-OSI: Major shareholder announcement – Danske Bank A/S

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no 17 2025 Danske Bank
    Bernstorffsgade 40
    DK-1577 København V
    Tel.+45 45 14 14 00

    9 April 2025

    Page 1 of 1

    Major shareholder announcement – Danske Bank A/S

    In accordance with section 31 of the Danish Capital Markets Act, we disclose that on 3 April 2025, Danske Bank held, through direct and indirect holdings, 43,146,297 voting rights attached to shares in Danske Bank A/S, corresponding to 5% of the voting rights of Danske Bank A/S.

    The holding of own shares is attributable mainly to the DKK 5.5 billion share buy-back programme, which was announced on 2 February 2024. The programme, which is described in detail in company announcement No. 2 of 2 February 2024, was completed on 3 February 2025 as set out in company announcement no. 5 2025.

    On 20 March 2025 the Annual General Meeting of Danske Bank A/S adopted the Board of Directors’ proposal to amend the Articles of Association regarding reduction of Danske Bank’s share capital by nominally DKK 271,894,960 by cancellation of part of Danske Bank’s holding of own shares. The reduction of share capital has subsequently been filed with the Danish Business Authority in accordance with the Danish Companies Act and is expected to be completed by the end of April 2025.

    Danske Bank

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

    Attachment

    The MIL Network –

  • MIL-OSI: 21Shares Forms Exclusive Partnership with the House of Doge to Launch Dogecoin ETP in Europe

    Source: GlobeNewswire (MIL-OSI)

    Zurich, 9 April 2025 – 21Shares AG (“21Shares”), one of the world’s largest issuers of crypto exchange-traded products (ETPs), has formed an exclusive partnership with the House of Doge to create the only Dogecoin ETP endorsed by the Dogecoin Foundation, which will be listed on SIX Swiss Exchange (ticker: DOGE). This collaboration marks a major milestone in bringing institutional-grade exposure to Dogecoin, one of the most community-driven and widely recognised digital assets.

    Exchange Product Name Ticker ISIN Fee
    SIX Swiss Exchange 21Shares Dogecoin ETP DOGE CH1431521033 2.50%

    The 21Shares Dogecoin ETP is 100% physically backed, offering a transparent and seamless way for investors to gain exposure to Dogecoin through traditional financial channels. Originally launched in 2013 as a light-hearted alternative to Bitcoin, Dogecoin has since grown into one of the most widely recognised and accessible cryptocurrencies, known for its fast transaction speeds, low fees, and increasing merchant adoption. Today, leading brands such as Microsoft and AMC Theatres accept Dogecoin as a payment method, reinforcing its role in mainstream finance. 

    Beyond its technical advantages, Dogecoin has built a highly engaged and socially impactful community, rallying around the principle of “Do Only Good Everyday.” Over the years, its supporters have helped drive initiatives ranging from charitable fundraising to financial accessibility efforts, demonstrating the power of decentralised communities in shaping the future of digital finance.

    “With this exclusive partnership we’re providing investors with the most direct and accessible way to gain exposure to the Dogecoin ecosystem,” said Duncan Moir, President at 21Shares. “Dogecoin has become more than a cryptocurrency: it represents a cultural and financial movement that continues to drive mainstream adoption, and DOGE offers investors a regulated avenue to be part of this exciting project.”

    “This partnership marks a very large step forward for the Dogecoin vision,” said Jens Wiechers, Advisory Board Member at House of Doge and Co-Executive Director of the Dogecoin Foundation. “Dogecoin was created to be a fun, accessible form of peer-to-peer money, and over the years, it has demonstrated real-world utility in payments, tipping, and charitable giving. For Dogecoin to reach its full potential as a global currency, institutional support and corporate partnerships are essential. This initiative with 21Shares provides a regulated path for institutions to participate in and amplify the ‘Dogecoin is Money’ vision, while still honoring the community’s spirit. Global adoption is critical, and we’re excited to take this next step – ensuring Dogecoin stays fun, but gains the credibility and backing needed to thrive at scale.”

    “Our partnership with 21Shares demonstrates the evolving maturity and legitimacy of Dogecoin in the financial world,” said Sarosh Mistry, President and CEO of Sodexo North America and Director-Elect of House of Doge. “Institutional products will empower new types of investors to participate in the Dogecoin ecosystem, reinforcing its role as a leader in the future of digital assets.”

    With over $7.3 billion in assets under management and listings on 11 major exchanges, including SIX Swiss Exchange, Nasdaq, and Euronext, 21Shares continues to drive the integration of digital assets into mainstream finance.

    Notes to editors

    About 21Shares

    21Shares is one of the world’s leading cryptocurrency exchange traded product providers. We were founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. In 2018, 21Shares listed the world’s first physically-backed crypto ETP, and we have a seven-year track-record of creating crypto exchange-traded funds that are listed on some of the biggest, most-liquid securities exchanges globally. In addition to our seven-year track record, 21Shares offers investors best-in-class research and unparalleled client service.

    21Shares is a member of 21.co, a global leader in decentralized finance. For more information, please visit www.21Shares.com.

    About House of Doge

    The House of Doge is the official corporate arm of the Dogecoin Foundation, committed to transforming Dogecoin into a fully integrated and accessible global payment platform and currency. The House of Doge’s mission is to advance the mainstream adoption of Dogecoin by enhancing its utility through real-world applications.

    About Dogecoin Foundation

    The Dogecoin Foundation is a nonprofit organization committed to developing open-source technology that enhances Dogecoin’s accessibility and utility as a peer-to-peer digital currency.

    Media Contact
    Matteo Valli
    matteo.valli@21shares.com

    DISCLAIMER

    This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever or for any other purpose in any jurisdiction. Nothing in this document should be considered investment advice.

    This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful.

    This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. Neither the US Securities and Exchange Commission nor any securities regulatory authority of any state or other jurisdiction of the United States has approved or disapproved of an investment in the securities or passed on the accuracy or adequacy of the contents of this presentation. Any representation to the contrary is a criminal offence in the United States.

    Within the United Kingdom, this document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”); or (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (iv) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

    Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129 the Issuer’s Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com.

    The approval of the Issuer’s Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the Issuer’s Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand.

    This document constitutes advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the “FinSA”) and not a prospectus. The 2024 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with BX Swiss AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2024 Base Prospectus and the key information document for any products may be obtained at 21Shares AG’s website (https://21shares.com/ir/prospectus or https://21shares.com/ir/kids).

    ###

    Attachment

    The MIL Network –

  • MIL-OSI: Orrön Energy publishes it’s Annual and Sustainability Report for 2024

    Source: GlobeNewswire (MIL-OSI)

    Orrön Energy AB (“Orrön Energy”) is pleased to announce the publication of it’s Annual and Sustainability Report for 2024 and encourages shareholders to read or download the report on Orrön Energy’s website, www.orron.com. For shareholders who would like to receive a printed copy of the Annual and Sustainability Report 2024, this can be requested on Orrön Energy’s website or by telephone on +46 8 440 54 50.

    For further information, please contact:

    Robert Eriksson
    Corporate Affairs and Investor Relations
    Tel: +46 701 11 26 15
    robert.eriksson@orron.com

    Jenny Sandström
    Communications Lead
    Tel: +41 79 431 63 68
    jenny.sandstrom@orron.com

    This information is information that Orrön Energy AB is required to make public pursuant to the Swedish Securities Markets Act. The information was submitted for publication at 09.00 CEST on 9 April 2025.

    Orrön Energy is an independent, publicly listed (Nasdaq Stockholm: “ORRON”) renewable energy company within the Lundin Group of Companies. Orrön Energy’s core portfolio consists of high quality, cash flow generating assets in the Nordics, coupled with greenfield growth opportunities in the Nordics, the UK, Germany and France. With significant financial capacity to fund further growth and acquisitions, and backed by a major shareholder, management and Board with a proven track record of investing into, leading and growing highly successful businesses, Orrön Energy is in a unique position to create shareholder value through the energy transition.

    Forward-looking statements
    Statements in this press release relating to any future status or circumstances, including statements regarding future performance, growth and other trend projections, are forward-looking statements. These statements may generally, but not always, be identified by the use of words such as “anticipate”, “believe”, “expect”, “intend”, “plan”, “seek”, “will”, “would” or similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that could occur in the future. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to several factors, many of which are outside the company’s control. Any forward-looking statements in this press release speak only as of the date on which the statements are made and the company has no obligation (and undertakes no obligation) to update or revise any of them, whether as a result of new information, future events or otherwise.

    Attachments

    The MIL Network –

  • MIL-OSI: Nokia, Telia and Finnish Defense Forces achieve world’s first 5G standalone slice handover across borders

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Nokia, Telia and Finnish Defense Forces achieve world’s first 5G standalone slice handover across borders

    • Companies showcase the potential of 5G technology in enhancing critical communications for defense units operating within coalition environments.
    • Leverage Telia’s network infrastructure powered by Nokia’s 5G Standalone Core and, AirScale radio equipment, to ensure seamless experience, even when crossing country borders.

    9 April 2025
    Espoo, Finland – Nokia, Telia and the Finnish Defense Forces have successfully conducted the world’s first seamless 5G standalone slice handover between multiple countries in a live network. This groundbreaking trial, carried out in Finland in March, represents a significant milestone in advancing critical 5G capabilities for defense and other mission critical industries.

    The test, conducted as part of a Nordic exercise with the Finnish Defense Forces, demonstrated a continuous and secure data connection over a 5G standalone slice while moving across three separate networks in three different countries. This capability is crucial for modern defense forces, as military personnel increasingly operate in coalitions beyond their national territories while requiring uninterrupted access to mission-critical applications and services.

    “This trial marks a significant milestone in showcasing the dual-use possibilities of 5G for defense while also enhancing communication capabilities within the NATO domain. We are delighted to have partnered with Nokia and Telia on this project and are eager to explore further opportunities for integrating 5G into our operations,” said Jarmo Vähätiitto, Major General, Finnish Defense Command, Chief of C5.

    “5G and network slicing enable secure, mission-critical communications. In collaboration with the Finnish Defense Forces and Nokia, we are pioneering in using commercial technology for critical defense communications. This trial meets the Defense Forces’ needs and proves that commercial 5G networks can be utilized also in this domain,” commented Jari Collin, CTO at Telia Finland.

    “Seamless 5G slice continuity over country borders is a breakthrough for defense operations, enabling secure and reliable communications for collaborative missions that extend beyond national territories. Our trial with Telia and the Finnish Defense Forces reflects our commitment to delivering robust 5G solutions for defense customers, helping them achieve mission-critical objectives,” said Tommi Uitto, President of Mobile Networks at Nokia.

    The trial was achieved through Nokia’s industry-leading 5G Core Software as a Service (SaaS) and AirScale 5G base stations powered by ReefShark System-on-Chip technology, connected to Telia’s commercial network. Additionally, Nokia’s intelligent network management system, MantaRay NM, provided a consolidated network view, optimizing monitoring and management.

    Multimedia, technical information, and related news
    Web Page: Nokia communication technology for defense
    Web Page: Nokia 5G
    Web Page: Nokia Core SaaS
    Web Page: 4G/5G slicing
    Product Page: Manta Ray NM
    Product Page: AirScale Radio Access

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

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

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

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

    Follow us on social media
    LinkedIn X Instagram Facebook YouTube

    The MIL Network –

  • MIL-OSI: Valeura Energy Inc.: Q1 2025 Operations and Financial Update

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, April 09, 2025 (GLOBE NEWSWIRE) — Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) is pleased to provide an update on Q1 2025 operations.

    Highlights

    • Operations continuing smoothly, with oil production averaging 23.9 mbbls/d(1);
      • Continual programme of development and appraisal drilling throughout the quarter;
      • Strong ongoing safety performance, with no lost time injuries;
    • Strong cash position at March 31, 2025 of US$238.3 million, and no debt;
      • Taxes paid of US$39.2 million in Q1;
      • Repurchased 963,401 shares in Q1;
    • Resilient ongoing business based on strong balance sheet and cash flow, creating growth optionality in the current volatile climate.

    (1) Working interest share oil production, before royalties.

    Dr. Sean Guest, President and CEO commented:

    “Our strong operational and financial performance continued throughout Q1 2025, and our business is more resilient than ever. With our corporate restructuring completed in November 2024, and the final tax payment under the previous structure now behind us, we see an energised ability to generate cash flow as we look at the remainder of 2025. 

    We are carefully monitoring the current volatile market conditions while simultaneously reviewing and optimising our expenditures. However, our strong financial position with cash of US$238 million and no debt makes Valeura not only resilient, but also well positioned for attractive inorganic opportunities that may emerge during such a turbulent market environment.

    Notwithstanding the recent market volatility, we are maintaining all of our previously disclosed guidance assumptions for the year.” 

    Q1 2025 Update

    Valeura’s working interest share production before royalties averaged 23.9 mbbls/d during Q1 2025, a decrease of 8.4% from Q4 2024. Rates were affected by a planned seven-day annual maintenance shutdown of the Nong Yao field near the end of the quarter. All planned work on the Nong Yao facilities was conducted safely and under time and budget with production resuming on April 1, 2025. Valeura re-iterates its full year 2025 production guidance outlook of 23.0 – 25.5 mbbls/d.

    Oil sales totalled 1.88 million bbls during Q1 2025, less than the 2.15 million bbls produced. Sales were lower than in Q4 2024 and reflect the fact that at the beginning of the quarter, the Company had record low crude oil in inventory. At the end of the quarter Valeura had 0.89 million bbls in inventory, which is expected to be sold in Q2 2025 (including a lifting of approximately 0.25 million bbls which was sold on April 1, 2025).

    Price realisations averaged US$78.7/bbl during Q1 2025, reflecting a US$2.9/bbl premium over the Brent crude oil benchmark. Oil revenue during Q1 2025 was US$148.1 million, 35% lower than Q4 2024. The quarter-on-quarter difference is due to less oil volumes sold, and also one sale occurring very late in the quarter, for which revenue is expected to be received in April 2025. Accordingly, the Company recorded a receivable associated with that lifting of approximately US$30 million as at March 31, 2025.

    In addition to routine operating costs and planned capital spending, the Company has made a final tax payment of US$39.2 million in connection with its corporate restructuring that was completed in November 2024. This payment effectively completes the tax obligations for its Thai III licences under their previous organisation structure, and became due in Q1 2025, earlier than usual tax payments for Thai III licences which are payable in May and August of each year. Following the restructuring, petroleum income tax loss carry-forwards that were previously associated with only the Wassana asset are now being applied to all of the Company’s Thai III petroleum concessions, being Wassana, Nong Yao, and Manora, thereby resulting in a more efficient tax structure for the business.

    While the Company acknowledges the global market and oil price volatility experienced in early April 2025, at this time, Valeura re-affirms all of its guidance outlook expectations for 2025. The Company maintains a scenario-based approach to planning its investments, driven largely by forecast oil prices. Recent market conditions underscore the importance of such an approach, but more importantly highlight the value of maintaining a strong balance sheet so as to capitalise on emerging inorganic growth opportunities. As of March 31, 2025, Valeura had US$238.3 million in cash, with no debt.

    During the quarter, the Company acquired 963,401 shares as part of its NCIB programme.

    Operations Update

    Valeura provided an operations update on March 25, 2025, along with its announcement of results for Q4 and the full year 2024. Since that time, the Company has been conducting a drilling campaign on the Jasmine / Ban Yen field, and will provide an update in due course. 

    On March 28, 2025, an earthquake struck central Myanmar, which borders Thailand to the north-west. All Valeura’s personnel were confirmed safe, and all facilities continue to operate safely.

    Results Timing and AGM

    Valeura intends to release its full unaudited financial and operating results for Q1 2025 on May 14, 2025, and will discuss the results in more detail through a management webcast hosted in conjunction with its Annual General Meeting of Shareholders (the “meeting”) later that day. The notice of meeting and related Management’s Information Circular have been mailed to shareholders and are available on the Company’s website at www.valeuraenergy.com/governance and on SEDAR+ at www.sedarplus.ca.

    For further information, please contact:

    Valeura Energy Inc. (General Corporate Enquiries)
    +65 6373 6940
    Sean Guest, President and CEO
    Yacine Ben-Meriem, CFO
    Contact@valeuraenergy.com

    Valeura Energy Inc. (Investor and Media Enquiries)
    +1 403 975 6752 / +44 7392 940495
    Robin James Martin, Vice President, Communications and Investor Relations
    IR@valeuraenergy.com

    About the Company

    Valeura Energy Inc. is a Canadian public company engaged in the exploration, development and production of petroleum and natural gas in Thailand and in Türkiye. The Company is pursuing a growth-oriented strategy and intends to re-invest into its producing asset portfolio and to deploy resources toward further organic and inorganic growth in Southeast Asia. Valeura aspires toward value accretive growth for stakeholders while adhering to high standards of environmental, social and governance responsibility.

    Additional information relating to Valeura is also available on SEDAR+ at www.sedarplus.ca.

    Advisory and Caution Regarding Forward-Looking Information

    Certain information included in this news release constitutes forward-looking information under applicable securities legislation. Such forward-looking information is for the purpose of explaining management’s current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes, such as making investment decisions. Forward-looking information typically contains statements with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “estimate”, “propose”, “project”, “target” or similar words suggesting future outcomes or statements regarding an outlook.

    Forward-looking information in this news release includes, but is not limited to, the Company’s anticipated full year 2025 guidance assumptions, being full year working interest share oil production before royalties of 23.0 – 25.5 mbbls/d, capex of US$125 – 150 million, exploration expense of approximately US$11 million, and adjusted opex of US$125 – 245 million, all as more fully described in the January 9, 2025 press release; the anticipated receivable of approximately US$30 million as at March 31, 2025; and Valeura’s expectation that it will benefit from a more efficient tax structure as a result of the corporate restructuring. Although the Company believes the expectations and assumptions reflected in such forward-looking information are reasonable, they may prove to be incorrect.

    Forward-looking information is based on management’s current expectations and assumptions regarding, among other things: political stability of the areas in which the Company is operating; continued safety of operations and ability to proceed in a timely manner; continued operations of and approvals forthcoming from governments and regulators in a manner consistent with past conduct; ability to achieve extensions to licences in Thailand and Türkiye to support attractive development and resource recovery; future drilling activity on the required/expected timelines; the prospectivity of the Company’s lands; the continued favourable pricing and operating netbacks across its business; future production rates and associated operating netbacks and cash flow; decline rates; future sources of funding; future economic conditions; the impact of inflation of future costs; future currency exchange rates; interest rates; the ability to meet drilling deadlines and fulfil commitments under licences and leases; future commodity prices; the impact of the Russian invasion of Ukraine; the impact of conflicts in the Middle East; royalty rates and taxes; management’s estimate of cumulative tax losses being correct; future capital and other expenditures; the success obtained in drilling new wells and working over existing wellbores; the performance of wells and facilities; the availability of the required capital to funds its exploration, development and other operations, and the ability of the Company to meet its commitments and financial obligations; the ability of the Company to secure adequate processing, transportation, fractionation and storage capacity on acceptable terms; the capacity and reliability of facilities; the application of regulatory requirements respecting abandonment and reclamation; the recoverability of the Company’s reserves and contingent resources; future growth; the sufficiency of budgeted capital expenditures in carrying out planned activities; the impact of increasing competition; the availability and identification of mergers and acquisition opportunities; the ability to successfully negotiate and complete any mergers and acquisition opportunities; the ability to efficiently integrate assets and employees acquired through acquisitions; global energy policies going forward; international trade policies; future debt levels; and the Company’s continued ability to obtain and retain qualified staff and equipment in a timely and cost efficient manner. In addition, the Company’s work programmes and budgets are in part based upon expected agreement among joint venture partners and associated exploration, development and marketing plans and anticipated costs and sales prices, which are subject to change based on, among other things, the actual results of drilling and related activity, availability of drilling, offshore storage and offloading facilities and other specialised oilfield equipment and service providers, changes in partners’ plans and unexpected delays and changes in market conditions. Although the Company believes the expectations and assumptions reflected in such forward-looking information are reasonable, they may prove to be incorrect.

    Forward-looking information involves significant known and unknown risks and uncertainties. Exploration, appraisal, and development of oil and natural gas reserves and resources are speculative activities and involve a degree of risk. A number of factors could cause actual results to differ materially from those anticipated by the Company including, but not limited to: the ability of management to execute its business plan or realise anticipated benefits from acquisitions; the risk of disruptions from public health emergencies and/or pandemics; competition for specialised equipment and human resources; the Company’s ability to manage growth; the Company’s ability to manage the costs related to inflation; disruption in supply chains; the risk of currency fluctuations; changes in interest rates, oil and gas prices and netbacks; the risk that the Company’s tax advisors’ and/or auditors’ assessment of the Company’s cumulative tax losses varies significantly from management’s expectations of the same; potential changes in joint venture partner strategies and participation in work programmes; uncertainty regarding the contemplated timelines and costs for work programme execution; the risks of disruption to operations and access to worksites; potential changes in laws and regulations, including international treaties and trade policies; the uncertainty regarding government and other approvals; counterparty risk; the risk that financing may not be available; risks associated with weather delays and natural disasters; and the risk associated with international activity. See the most recent annual information form and management’s discussion and analysis of the Company for a detailed discussion of the risk factors.

    Certain forward-looking information in this news release may also constitute “financial outlook” within the meaning of applicable securities legislation. Financial outlook involves statements about Valeura’s prospective financial performance or position and is based on and subject to the assumptions and risk factors described above in respect of forward-looking information generally as well as any other specific assumptions and risk factors in relation to such financial outlook noted in this news release. Such assumptions are based on management’s assessment of the relevant information currently available, and any financial outlook included in this news release is made as of the date hereof and provided for the purpose of helping readers understand Valeura’s current expectations and plans for the future. Readers are cautioned that reliance on any financial outlook may not be appropriate for other purposes or in other circumstances and that the risk factors described above or other factors may cause actual results to differ materially from any financial outlook.

    The forward-looking information contained in this news release is made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless required by applicable securities laws. The forward-looking information contained in this news release is expressly qualified by this cautionary statement.

    This news release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction, including where such offer would be unlawful. This news release is not for distribution or release, directly or indirectly, in or into the United States, Ireland, the Republic of South Africa or Japan or any other jurisdiction in which its publication or distribution would be unlawful. 

    Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this news release.

    This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

    The MIL Network –

  • MIL-OSI: Billionaire Businessman Hasan Abdullah Mohamed Ismaik Unveils New Identity: HAMIC Group

    Source: GlobeNewswire (MIL-OSI)

    ABU DHABI, United Arab Emirates, April 09, 2025 (GLOBE NEWSWIRE) — Visionary entrepreneur and renowned billionaire Hasan Abdullah Mohamed Ismaik has officially launched the new identity of his business conglomerate: HAMIC Group, an acronym for Hasan Abdullah Mohamed Ismaik Capital. This bold new brand represents an elevated vision for the future—rooted in a legacy of excellence and driven by innovation and global ambition.

    Formerly known as the Hasan Ismaik Group, HAMIC Group stands as a testament to over 30 years of success, with a presence in 10 countries and management of more than 25 diverse investment projects. Headquartered in Abu Dhabi, HAMIC Group is a powerhouse of investment and asset management, with a dynamic, diversified portfolio spanning financial investments, real estate, retail, general trading, and hospitality.

    With the UAE as its strategic launchpad, HAMIC Group aims to capitalize on the region’s thriving economy and its status as a global financial and commercial hub. The group is set to scale its legacy to unprecedented heights, advancing regional and international ventures that embody innovation, sustainability, and economic value creation.

    “At this transformative moment in our journey, I am proud to unveil HAMIC Group—a name that reflects our ambition, purpose, and commitment to building a future-ready investment powerhouse,” said Hasan Ismaik, Founder and Chairman of HAMIC Group. “With a portfolio valued in the billions of dollars, we are poised to lead in shaping opportunities, driving growth, and supporting the UAE’s vision of a diversified and sustainable economy.”

    Built on the enduring success of the MARYA Group, which played a pivotal role in shaping real estate, retail, and investment landscapes, HAMIC Group is poised to expand its impact through a distinguished suite of companies including:

    • MARYA Development: Delivering iconic real estate projects in the UAE and globally.
    • SOHO: A leading retail player managing premium assets and brands in fashion and F&B.
    • HII Investments: Specializing in strategic, high-impact financial investments.
    • HAMG General Trading: Powering trade solutions across regional and global markets.

    HAMIC Group’s investment philosophy is deeply rooted in market intelligence, strategic foresight, and a commitment to excellence. The group is uniquely positioned to drive value through sustainable and socially responsible initiatives, with a strong emphasis on enhancing lifestyles and meeting evolving consumer aspirations.

    “Our strategy is aligned with the UAE’s national priorities and global economic trends,” Ismaik added. “HAMIC Group is more than an investment group—it is a catalyst for progress, a platform for innovation, and a legacy in motion.”

    With a clear vision and purpose-driven leadership, HAMIC Group is set to redefine the landscape of modern investment, blending luxury, sustainability, and impact across every venture it undertakes.

    About HAMIC Group:

    Hasan Ismaik Group (HAMIC Group) is a global investment powerhouse with over 30 years of experience, headquartered in the UAE, and managing a multi-billion-dollar portfolio.

    At HAMIC, we believe in the power of innovation and collaboration to transform industries. With a global footprint spanning 10 countries—including the UAE, Saudi Arabia, Jordan, Egypt, Iraq, Bahrain, Turkey, France, Germany, and the United States—we operate more than 25 projects that drive growth and create lasting impact.

    HAMIC Group operates across five key sectors: general investments, real estate, retail, trading, and hospitality. Under its umbrella, HAMIC owns and manages several leading companies, each driving excellence in its respective industry:

    MARYA Development: Elevating life through timeless design and thoughtful craftsmanship. We are committed to developing exceptional properties that redefine urban landscapes, enhance communities, and provide premium living experiences.

    SOHO: Combining luxury retail, fashion, and the F&B industries with a passion for enhancing the customer experience and driving innovation in lifestyle.

    HII & HAMG: Focused on connecting industries through strategic partnerships, driving growth across sectors, and generating financial returns through visionary investment strategies.

    With a proven track record and a visionary brand portfolio, HAMIC Group is shaping the future with uncompromising excellence and a lasting impact.

    Timeless Impact, Driven by Innovation.

    Visit our website: www.HAMIC.com

    For more information, please contact: PR@hamic.com +971 58 291 3443

    Follow us on @HamicGroup

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/18f30f48-b6dd-4bf8-915d-bed03b46eebf

    The MIL Network –

  • MIL-OSI: StepStone Evergreen Funds Added to Bergos Private Markets Platform

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, Switzerland, April 09, 2025 (GLOBE NEWSWIRE) — StepStone Group Inc. (Nasdaq: STEP), a leading global private markets solutions provider, announced today that several of its private market evergreen funds are now accessible through Bergos AG, which manages CHF7.3 billion in assets on behalf of clients.

    StepStone funds now available at Bergos AG are:

    • StepStone Private Venture and Growth Fund (“SPRING Lux”) is a broadly diversified venture and growth strategy fund leveraging an open architecture approach, selecting managers across the innovation economy. As of February 28, 2025, SPRING Lux has $341.7M in AUM and has delivered a 59.92% total net return since inception in November of 2022.
    • StepStone Private Infrastructure Fund (“STRUCTURE Lux”) seeks to provide current income and long-term capital appreciation by offering investors access to a global investment portfolio of private infrastructure assets. As of February 28, 2025, STRUCTURE Lux has $79.9M in AUM and has delivered a 24.91% total net return since inception in September of 2023.
    • StepStone Private Credit Fund (“SCRED Lux”) offers a permanent private debt co-investment solution deploying various credit-related strategies across market cycles to generate both current income and long-term capital appreciation. As of January 30, 2025, SCRED Lux has $43.6M in AUM, leveraging a ‘multi-lender’ approach since inception in June of 2024.
    • StepStone Private Credit Europe ELTIF (“SCRED Europe”) is structured to offer investors access to a broadly diversified, European-focused private credit strategy, with a primary focus on senior secured direct lending. The fund has successfully launched with over €250 million in seed capital, backed by a robust pipeline of opportunities.

    “Investors have embraced our approach to accessing the private markets through StepStone’s evergreen platform, and we are excited to deliver this access to Bergos’ clients,” said Neil Menard, Partner and President of Distribution at StepStone. “Bergos aligns with our mission of providing investors access to institutional-quality private market investments around the globe, and we are proud to partner with an institution whose values reflect our own.”

    Earlier this year, StepStone launched SCRED Europe, a private credit fund available to EU-domiciled professional and retail investors1. SPRING Lux and STRUCTURE Lux were also recently converted from reserved alternative investment funds (RAIFs) to UCI Part II compliant structures, allowing professional investors and semi-professional investors greater access to the private markets, including private equity, infrastructure, and real estate.

    1 As defined under Directive 2014/65/EU. SCRED Europe is only available to professional and retail investors in those EEA Member States into which the manager of the fund has registered it for marketing. Further detail on the fund’s registration status is available from the manager on request. This press release is not and should not be understood to be an offer of securities in any fund mentioned herein.

    About StepStone

    StepStone Group Inc. (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to its clients. As of December 31, 2024, StepStone was responsible for approximately $698 billion of total capital, including $179 billion of assets under management. StepStone’s clients include some of the world’s largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, as well as prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals. StepStone partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes.

    About Bergos

    Bergos AG is an independent Swiss Private Bank focusing on private wealth management. Bergos emerged in 2021 with a new shareholder base from its former mother company, the Berenberg Group founded in 1590, and has been serving international private clients and entrepreneurs in the Swiss financial center for over thirty years. Its headquarters are in Zurich with an office in Geneva. The Swiss Private Bank is dedicated to “Human Private Banking” and specializes in wealth management and advisory services. With more than 130 employees, the focus is on providing expert guidance in all known liquid asset classes, as well as in private markets and alternative investments. Following a “beyond money” approach, we also offer expertise in art collecting and philanthropy. For entrepreneurial clients, Bergos offers access to M&A and other corporate finance services. Bergos AG offers private clients, entrepreneurs and their families a holistic, cross-generational service that focuses on security, neutrality, internationality and openness to the world.

    BERGOS’ SERVICES ARE NOT MARKETED, SOLICITED OR OFFERED TO ANY PERSON RESIDENT OR ORGANISED INSIDE THE JURISDICTION OF UNITED STATES OF AMERICA AT ANY TIME. THEREFORE, BERGOS DOES NOT MARKET, SOLICIT OR OFFER STEPSTONE EVERGREEN FUNDS IN THE UNITED STATES OR TO US PERSONS.

    THIS DOCUMENT IS A MARKETING COMMUNICATION. PLEASE REFER TO THE OFFERING MEMORANDUM OF SPRING LUX, STRUCTURE LUX, SCRED LUX AND SCRED EUROPE (COLLECTIVELY, THE “FUNDS”) BEFORE MAKING ANY FINAL INVESTMENT DECISIONS.

    PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. ACTUAL PERFORMANCE MAY VARY.

    This document is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, or as an offer to provide advisory or other services by StepStone Group Private Wealth LLC (“SPW”), StepStone Group LP (“StepStone”), StepStone Group Europe Alternative Investments Limited (“SGEAIL”) or their subsidiaries or affiliates (collectively, the “Managers”) in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The information contained in this document should not be construed as legal, financial or investment advice on any subject matter. The Managers expressly disclaim all liability in respect to actions taken based on any or all of the information in this document.

    Before investing you should carefully consider the Funds’ investment objectives, risks, charges and expenses. This and other information are explained in the relevant Offering Memorandum for each Fund, a copy of which may be obtained from SGEAIL upon request.

    Information contained herein is subject to change and amendment. An indication of interest in response to this advertisement will involve no obligation or commitment of any kind.

    Prospective investors should inform themselves and obtain appropriate advice as to any applicable legal or regulatory requirements and any applicable taxation and exchange control regulations in the countries of their citizenship, residence or domicile which might be relevant to the suitability, subscription, purchase, holding, exchange, redemption or disposal of any investments.

    An investment involves a number of risks and there are conflicts of interest. Please refer to the risks outlined in detail in the relevant Offering Memorandum for each Fund.

    Marketing in the European Union

    The Funds are alternative investment funds (“AIFs”) for the purpose of Alternative Investment Fund Managers Directive (“AIFMD”). SGEAIL is the alternative investment fund manager (“AIFM”) of the Funds.

    The Funds that do not qualify as ELTIFs can be marketed to Professional Investors in the EEA in accordance with the requirements set out in Article 32 of AIFMD.

    Marketing of the Funds outside the EEA or in the EEA to investors other than Professional Investors (where relevant) must comply with applicable national private placement regimes. Those investors are required to inform themselves of any applicable local requirements or restrictions before investing in the Funds and to assess the impact of any risks they may be exposed to when investing in the Funds.

    Notice to all European Economic Area (EEA) residents

    In the EEA, this document is disseminated by SGEAIL.

    The Funds may only be offered or placed in an EEA Member State: (1) to Professional Investors to the extent that they have been registered for marketing in the relevant EEA Member State in accordance with Article 32 AIFMD (as amended and as implemented into the local law/regulation of the relevant EEA Member State); (2) to non-professional investors who meet the requirements of any national law/regulation which permits them to invest in AIFs, as specifically identified below; or (3) as they may otherwise be lawfully offered or placed in that EEA Member State, including at the exclusive initiative of an investor where permitted in accordance with the AIFMD.

    A list of the EEA Member States in which the Funds are registered for marketing under Article 32 AIFMD is available from the Managers upon request.

    Notice to investors in Austria

    Certain of the Funds have been notified to the Austrian Financial Market Authority (FMA) for marketing to professional investors (Professionelle Anleger) within the meaning of § 2 para 1 no 33 of the Austrian Alternative Investment Funds Act (Alternative Investmentfonds Manager-Gesetz; AIFMG) in accordance with Article 32 AIFMD and § 31 AIFMG. In the Republic of Austria, the relevant Funds may only be offered or placed and any offering or marketing materials related thereto may only be distributed to investors who are either (a) professional investors (Professionelle Anleger) as defined in § 2 para 1 no 33 AIFMG or where relevant (b) qualified retail investors (Qualifizierte Privatkunden) as defined in § 2 para 1 no 42 AIFMG. Distribution of the relevant Funds and any offering or marketing materials related thereto to retail investors (Privatkunden) as defined in § 2 para 1 no 36 AIFMG in the Republic of Austria is not permitted. Subscriptions by retail investors (Privatkunden) will therefore not be accepted. None of the Managers or the relevant Funds are subject to supervision by the FMA or any other Austrian authority. Neither the relevant Offering Memorandum, nor the relevant key information document (KID) have been reviewed by the FMA or any other Austrian authority.

    Notice to professional and semi-professional investors in Germany

    Certain of the Funds have been notified to the German Financial Services Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, or BAFIN) in accordance with Section 323 of the German investment code (Kapitalanlagegesetzbuch – KAGB).

    The relevant Funds may only be marketed and offered to professional and, where relevant to semi-professional investors in the Federal Republic of Germany, as defined in Section 1 (19) nos. 32 and 33 of the KAGB. The relevant Funds have not been admitted for marketing to retail investors within the meaning of Section 1 (19) no. 31 of the KAGB in Germany. Accordingly, the relevant Funds may not be offered and marketed to retail investors in Germany. This disclosure, the relevant Offering Memorandum and any other document relating to the relevant Funds, as well as information or statements contained therein, may not be supplied to retail investors in Germany or any other means of public marketing. Any resale of the relevant Funds in Germany may only be made to professional and semi-professional investors in Germany and in accordance with the provisions of the KAGB and any other applicable laws in Germany governing the sale and offering of the relevant Funds.

    Notice to investors in Italy

    Certain of the Funds have been passported with the Commissione Nazionale per le Società e la Borsa (CONSOB) for the marketing in Italy vis-à-vis professional investors in accordance with Article 32 AIFMD, article 43 of the Italian Legislative Decree of 24th February 1998, no. 58 (testo unico della finanza, the “TUF”) and relevant local implementing regulations in Italy. The relevant Funds may be distributed exclusively to the following categories of investors: (i) “professional investors” as defined in the AIFMD; or where relevant (ii) “non-professional investors” who: (1) invest at least EUR 500,000 in the relevant Fund; or (2) invest at least EUR 100,000 in the relevant Fund, and in the case of the latter, either: (a) the investment is made by a licensed portfolio manager on behalf of the non-professional investor; or (b) the investment is made by the non-professional investor in the context of the provision of investment advice, and is subject to the requirement that the entirety of any investments by that same non-professional investor in EU AIFs does not exceed ten percent (10%) of his or her financial portfolio as a result of a subscription or investment in the relevant Fund.

    Notice to investors in Switzerland

    The offer and the marketing of the Funds in Switzerland will be exclusively made to, and directed at, qualified investors (the “Qualified Investors”), as defined in Article 10(3) and (3ter) of the Swiss Collective Investment Schemes Act (“CISA”) and its implementing ordinance, at the exclusion of qualified investors with an opting-out pursuant to Article 5(1) of the Swiss Federal Law on Financial Services (“FinSA”) and without any portfolio management or advisory relationship with a financial intermediary pursuant to Article 10(3ter) CISA (“Excluded Qualified Investors”). Accordingly, the Funds have not been and will not be registered with the Swiss Financial Market Supervisory Authority (“FINMA”) and no representative or paying agent have been or will be appointed in Switzerland. This document and/or any other offering or marketing materials relating to The Funds may be made available in Switzerland solely to Qualified Investors, at the exclusion of Excluded Qualified Investors. The legal documents of the Funds may be obtained free of charge from the Managers.

    Notice to investors in the United Kingdom

    The Funds are alternative investment funds for the purpose of the Alternative Investment Fund Managers Regulations, 2013, as amended by the Alternative Investment Managers (Amendment, etc.) (EU Exit) Regulations 2019 (“UK AIFM Regulations”). SGEAIL is the alternative investment fund manager (“AIFM”) of the Funds. 

    The Funds have been registered for marketing under Regulation 59(1) of the UK AIFM Regulations. On that basis, the Funds may be marketed in the United Kingdom to UK persons who qualify as Professional Investors.

    Contacts

    Shareholder Relations:
    Seth Weiss
    shareholders@stepstonegroup.com
    +1 (212) 351-6106

    Media:
    Brian Ruby / Chris Gillick / Matt Lettiero, ICR
    StepStonePR@icrinc.com
    +1 (203) 682-8268

    The MIL Network –

  • MIL-OSI: Aegon announces reset of perpetual subordinated bonds

    Source: GlobeNewswire (MIL-OSI)

    The Hague, April 9, 2025 – Aegon today announces that it will reset the coupon on its EUR 113 million (NLG 250 million) 1.506% perpetual cumulative subordinated bonds (ISIN: NL0000120004, originally issued in 1995, the “bonds”) on June 8, 2025.

    As of June 8, 2005, and every ten years thereafter, Aegon has had the option to either call the bonds or reset the coupon.

    The bonds will continue to be outstanding in accordance with their terms, with the next optional redemption date on June 8, 2035. The new coupon will be published on or around June 3, 2025.

    Contacts

    About Aegon

    Aegon is an international financial services holding company. Aegon’s ambition is to build leading businesses that offer their customers investment, protection, and retirement solutions. Aegon’s portfolio of businesses includes fully owned businesses in the United States and United Kingdom, and a global asset manager. Aegon also creates value by combining its international expertise with strong local partners via insurance joint-ventures in Spain & Portugal, China, and Brazil, and via asset management partnerships in France and China. In addition, Aegon owns a Bermuda-based life insurer and generates value via a strategic shareholding in a market leading Dutch insurance and pensions company.

    Aegon’s purpose of helping people live their best lives runs through all its activities. As a leading global investor and employer, Aegon seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion & diversity. Aegon is headquartered in The Hague, the Netherlands, domiciled in Bermuda, and listed on Euronext Amsterdam and the New York Stock Exchange. More information can be found at aegon.com.

    Forward-looking statements
    The statements contained in this document that are not historical facts are forward-looking statements as defined in the US Private Securities Litigation Reform Act of 1995. The following are words that identify such forward-looking statements: aim, believe, estimate, target, intend, may, expect, anticipate, predict, project, counting on, plan, continue, want, forecast, goal, should, would, could, is confident, will, and similar expressions as they relate to Aegon. These statements may contain information about financial prospects, economic conditions and trends and involve risks and uncertainties. In addition, any statements that refer to sustainability, environmental and social targets, commitments, goals, efforts and expectations and other events or circumstances that are partially dependent on future events are forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Aegon undertakes no obligation, and expressly disclaims any duty, to publicly update or revise any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which merely reflect company expectations at the time of writing. Actual results may differ materially and adversely from expectations conveyed in forward-looking statements due to changes caused by various risks and uncertainties. Such risks and uncertainties include but are not limited to the following:

    • Financial risks – Rapidly rising interest rates; Sustained low or negative interest rate levels; Disruptions in the global financial markets and general economic conditions; Elevated levels of inflation; Illiquidity of certain investment assets; Credit risk, declines in value and defaults in Aegon’s debt securities, private placements, mortgage loan portfolios and other instruments or the failure of certain counterparties; Decline in equity markets; Downturn in the real estate market; Default of a major financial market participant; Failure by reinsurers to which Aegon has ceded risk; Downgrade in Aegon’s credit ratings; Fluctuations in currency exchange rates; Unsuccessful management of derivatives; Subjective valuation of Aegon’s investments, allowances and impairments;
    • Underwriting risks – Differences between actual claims experience/underwriting and reserve assumptions; Losses on products with guarantees due to volatile markets; Restrictions on underwriting criteria and the use of data; Unexpected return on offered financial and insurance products; Reinsurance may not be available, affordable, or adequate; Catastrophic events;
    • Operational risks – Competitive factors; Difficulty in acquiring and integrating new businesses or divesting existing operations; Difficulties in distributing and marketing products through its current and future distribution channels; Slow to adapt to and leverage new technologies; Failure of data management and governance; Epidemics or pandemics; Unsuccessful in managing exposure to climate risk; Unidentified or unanticipated risk events; Aegon’s information technology systems may not be resilient against constantly evolving threats; Computer system failure or security breach; Breach of data privacy or security obligations; Inaccuracies in econometric, financial, or actuarial models, or differing interpretations of underlying methodologies; Inaccurate, incomplete or unsuccessful quantitative models, algorithms or calculations; Issues with third-party providers, including events such as bankruptcy, disruption of services, poor performance, non-performance, or standards of service level agreements not being upheld; Inability to attract and retain personnel;
    • Political, regulatory, and supervisory risks – Requirement to increase technical provisions and/or hold higher amounts of regulatory capital as a result of changes in the regulatory environment or changes in rating agency analysis; Political or other instability in a country or geographic region; Changes in accounting standards; Inability of Aegon’s subsidiaries to pay dividends to Aegon Ltd.; Risks of application of intervention measures;
    • Legal and compliance risks – Unfavorable outcomes of legal and arbitration proceedings and regulatory investigations and actions; Changes in government regulations in the jurisdictions in which Aegon operates; Increased attention to sustainability matters and evolving sustainability standards and requirements; Tax risks; Difficulty to effect service of process or to enforce judgments against Aegon in the United States; Inability to manage risks associated with the reform and replacement of benchmark rates; Inability to protect intellectual property;
    • Risks relating to Aegon’s common shares – Volatility of Aegon’s share price; Offering of additional common shares in the future; Significant influence of Vereniging Aegon over Aegon’s corporate actions; Currency fluctuations; Influence of Perpetual Contingent Convertible Securities over the market price for Aegon’s common shares.

    Additionally, Aegon provides some information in this report that is informed by various stakeholder expectations, non-US regulatory requirements, and third-party frameworks. Such information, whether provided here or in Aegon’s other disclosures (including website materials), is not necessarily material for SEC reporting purposes.

    Even in instances where we use “material”, this should not in all instances be deemed to refer to materiality for purposes of our U.S. federal securities filings, as there are various definitions of materiality used by different stakeholders, including but not limited to a more expansive “double materiality” standard pursuant to the European Sustainability Reporting Standards that has informed much of our sustainability disclosure. Similarly, while we leverage various frameworks in our disclosures, we cannot guarantee, and language such as “align” or “follow” is not meant to imply complete alignment with these requirements.

    We similarly cannot guarantee complete alignment with any stakeholder’s interpretation or preference for the measurement or presentation of sustainability or other information in this report. Expectations, as well as our own approach, continue to evolve and may change for a variety of reasons, including regulatory or business requirements or other factors that may not be in our control. Similarly, certain disclosures are based on hypothetical scenarios which may not be reflective of expectations or future events; such scenarios are subject to inherent uncertainty given the long-time frames and breadth of variables involved. As a final note, documents and website references included herein are provided solely for convenience and are not incorporated by reference absent express language to the contrary.

    This document contains information that qualifies, or may qualify, as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation (596/2014). Further details of potential risks and uncertainties affecting Aegon are described in its filings with the Netherlands Authority for the Financial Markets and the US Securities and Exchange Commission, including the 2023 Integrated Annual Report. These forward-looking statements speak only as of the date of this document. Except as required by any applicable law or regulation, Aegon expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Aegon’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

    Attachment

    The MIL Network –

  • MIL-OSI: RIBER reports solid growth in sales and earnings in 2024

    Source: GlobeNewswire (MIL-OSI)

    RIBER reports solid growth in sales and earnings in 2024

    • Revenues: €41.2m (+5%)
    • Income from ordinary operations: €4.5m, representing 11% of revenues
    • Net income: €4.1m (+21%)
    • Proposed payout of €0.08 per share for 2024 (+14%)

    Bezons, April 9, 2024 – 8:00am – RIBER, the global leader for molecular beam epitaxy (MBE) equipment serving the semiconductor industry, is announcing its full-year results for 2024, marked by solid growth in sales and profitability.

    (€m – at December 31) 2024 2023 Change
    Revenues 41.2 39.3 +4.8%
    MBE systems revenues 31.0 29.0 +7.0%
    Services and accessories revenues 10.2 10.3 -1.2%
    Gross margin
    % of revenues    		 14.8
    36.1%    		 13.2
    33.7%    		 +12.1%
    Income from ordinary operations
    % of revenues    		 4.5
    10.9%    		 3.9
    10.0%    		 +14.4%
    Operating income
    % of revenues    		 4.4
    10.6%    		 3.9
    10.0%    		 +11.3%
    Pre-tax income
    % of revenues    		 4.4
    10.6%    		 3.6
    9.1%    		 +22.5%
    Net income
    % of revenues    		 4.1
    10.0%    		 3.4
    8.7%    		 +21.4%

    Key developments

    In 2024, RIBER achieved its revenues targets, driven by solid growth in MBE system sales. This momentum reflects the strengthening of its positions in the MBE market, for both research and industrial production, as evidenced by the strong order intake during the year, with 13 new MBE systems. In this context, the company’s earnings show a clear improvement compared with the previous year.

    Alongside this, RIBER moved forward with its innovation efforts with the development of ROSIE (RIBER Oxide on SIlicon Epitaxy), a new system dedicated to the silicon photonics sector. Designed to meet the growing demands of optical transmission and reception applications, its commercial launch, scheduled for 2026, opens up new prospects in a fast-growing market. This dynamism is supported by the demand for advanced semiconductor materials dedicated to data transmission and Artificial Intelligence. The technology developed by RIBER will help reduce energy consumption, particularly in data centers.

    Revenues

    Full-year revenues for 2024 increased to €41.2m, up +5% from 2023. Revenues for MBE systems were up +7% to €31.0m for 12 machines delivered, compared with 13 in 2023. Revenues for services and accessories amounted to 10.2 million euros, representing 24.8% of 2024 revenues, and were broadly stable year-on-year.

    Earnings

    The gross margin was €14.8m, up +12.1%, driven by growth in system business.

    Income from ordinary operations was €4.5m, up +14.4% compared with the previous year, thanks to effective control of operating costs. It represents 11% of revenues, compared with 10% in 2023.

    Net income totaled €4.1m, compared with €3.4m in 2023, an increase of +21.4%.

    Cash flow and balance sheet

    The cash position at end-2023 was positive at €8.6m, compared to €9.7m at end-2023.

    Shareholders’ equity totaled €23.6m, up +€2.3m compared with end-2023. This change is driven by the earnings for the year 2024 and the distribution of amounts drawn against the issue premium for 2023 to shareholders.

    Order book

    The order book at December 31, 2024 represented €21.7m, down 17% year-on-year, including 7 MBE systems (€16.7m), of which 5 for production, as well as orders for services and accessories (€5.0m).

    The order book is up after factoring the two new orders announced in January 2025 for a production system in Europe and a research system in the United States, both scheduled for delivery in 2025.

    Outlook

    In view of the uncertainties linked to the application of US customs duties and the economic environment, RIBER is reserving its position on issuing guidance for fiscal year 2025.

    RIBER remains committed to its medium-term objectives. In this context, RIBER is moving forward with its growth strategy by strengthening its technological leadership and expanding its solutions into new high value-added markets, particularly silicon photonics and materials for quantum technologies. These developments will be presented at the next Annual General Meeting on June 18, 2025.

    Distribution of amounts drawn against the “issue premium” account

    The Board of Directors will propose to the June 18, 2025 General Meeting a cash distribution of €0.08 per share, through a partial reimbursement of the issue premium. It will be released for payment on June 25, 2025.

    Next dates

    • April 18, 2025 – 6:00pm:         2024 annual financial report
    • June 18, 2025 – 10:00am:         General Meeting in Paris

    The annual financial statements were approved by the Board of Directors on April 8, 2025. The statutory auditors have completed the audit procedures on the corporate and consolidated accounts. The certification report will be issued once the necessary procedures have been finalized for publishing the full-year financial report.

    In compliance with AMF regulations and the operating rules of Euronext Growth Paris, RIBER will henceforth publish its sales figures on a half-yearly basis, except in the event of significant developments.

    About RIBER

    Founded in 1964, RIBER is the global market leader for MBE – molecular beam epitaxy – equipment. It designs and produces equipment for the semiconductor industry and provides scientific and technical support for its clients (hardware and software), maintaining their equipment and optimizing their performance and output levels. Accelerating the performance of electronics, RIBER’s equipment performs an essential role in the development of advanced semiconductor systems that are used in numerous applications, from information technologies to photonics (lasers, sensors, etc.), 5G telecommunications networks and research, including quantum computing. RIBER is a BPI France-approved innovative company and is listed on the Euronext Growth Paris market (ISIN: FR0000075954).
    www.riber.com

    Contacts

    RIBER : Annie Geoffroy| tel: +33 (0)1 39 96 65 00 | invest@riber.com
    ACTUS FINANCE & COMMUNICATION : Cyril Combe | tel: +33 (0)1 53 65 68 68 | ccombe@actus.fr

    Attachment

    The MIL Network –

  • MIL-OSI: Trifork subsidiary Nine wins strategically important contract for the Danish Agency for Digital Government: Developing Denmark’s Digital Identity Wallet

    Source: GlobeNewswire (MIL-OSI)

    Press release

    Trifork subsidiary Nine wins strategically important contract for the Danish Agency for Digital Government: Developing Denmark’s Digital Identity Wallet

    Copenhagen, 9 April 2025 – The Danish Agency for Digital Government (Digitaliseringsstyrelsen) has awarded the contract for the first phase of developing Denmark’s new Digital Identity Wallet to the IT company Nine, a subsidiary of Trifork Group. The project is awarded through the SKI framework agreement 02.14, category 1 (competence procurement), with a total value of DKK 29 million for the initial phase, which includes development starting in April 2025, go-live in Q1 2026, followed by two years of support and continued development.

    The Digital Identity Wallet will initially enable citizens to obtain digital proof of age and a digital ID credential, usable both physically and online, without having to share unnecessary personal information.

    In subsequent project phases, the functionality will be expanded to include a wide range of digital credentials and comply with the requirements of the EU’s eIDAS2 regulation. This means the wallet will ultimately be interoperable with other EU member states’ digital identity wallets – serving as a secure and standardized solution across borders.

    In the long term, many public authorities are expected to use the wallet to issue digital credentials.

    Nine has had a long-standing collaboration with the Danish Agency for Digital Government over several years, including work on the Next Generation Digital Post (NgDP) and the Rights Portal (Rettighedsportalen).

    “We are proud to be entrusted with developing Denmark’s Digital Identity Wallet. It is an exciting and meaningful task where security, user-friendliness, and future EU compatibility are at the core,” says Jacob Strange, CEO of Nine.

    The parent company, Trifork, is closely engaged in the awarded project. Trifork wishes to take part in the development of EU wallets in other member states, seeing great potential in leveraging Nine’s experience from Denmark in the broader European market.


    Investor and media contact
    Frederik Svanholm, Group Investment Director, Head of IR & PR
    frsv@trifork.com, +41 79 357 7317

    About Trifork Group
    Trifork is a pioneering global technology partner, empowering enterprise and public sector customers with innovative solutions. With 1,229 professionals across 73 business units in 16 countries, Trifork delivers expertise in inspiring, building, and running advanced software solutions across diverse sectors, including public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. Trifork Labs, the Group’s R&D hub, drives innovation by investing in and developing synergistic and high-potential technology companies. Trifork Group AG is a publicly listed company on Nasdaq Copenhagen. Learn more at trifork.com.

    Attachment

    The MIL Network –

  • MIL-OSI: SBM Offshore signs US$400 million Sale and Leaseback agreement for FPSO Cidade de Paraty

    Source: GlobeNewswire (MIL-OSI)

    Amsterdam, April 9, 2025

    SBM Offshore announces it has signed a non-recourse sale and leaseback financing agreement for FPSO Cidade de Paraty for the total amount of US$400 million and with a tenor of 8 years. The transaction is expected to be completed before the end of April 2025 following the fulfillment of certain closing conditions.

    FPSO Cidade de Paraty is owned by a special purpose company owned by affiliated companies of SBM Offshore (63.125%) and its partners (36.875%). Under the terms of the agreement, the special purpose company will transfer the ownership to four Chinese leasing companies.

    SBM Offshore and its partners continue to operate and maintain the asset until the end of the initial charter and operate contracts for the remaining period of 8.5 years.

    Douglas Wood, CFO of SBM Offshore, commented:
    “We are very pleased to have signed the refinancing of FPSO Cidade de Paraty, the Company’s first sale and leaseback financing. With this strategic transaction we are demonstrating once again the value of our unique lifecycle offering not only from an execution and operation standpoint but also in our ability to continue to provide innovative long-term financing solutions for our clients. We appreciate the continued support from our Chinese leasing partners.”

    Corporate Profile

    SBM Offshore is the world’s deepwater ocean-infrastructure expert. Through the design, construction, installation, and operation of offshore floating facilities, we play a pivotal role in a just transition. By advancing our core, we deliver cleaner, more efficient energy production. By pioneering more, we unlock new markets within the blue economy. 
    More than 7,800 SBMers collaborate worldwide to deliver innovative solutions as a responsible partner towards a sustainable future, balancing ocean protection with progress. 
    For further information, please visit our website at www.sbmoffshore.com.

    Financial Calendar   Date Year
    Annual General Meeting   April 9 2025
    First Quarter 2025 Trading Update   May 15 2025
    Half Year 2025 Earnings   August 7 2025
    Third Quarter 2025 Trading Update   November 13 2025
    Full Year 2025 Earnings   February 26 2026

    For further information, please contact:

    Investor Relations

    Wouter Holties
    Corporate Finance & Investor Relations Manager

    Media Relations

    Giampaolo Arghittu
    Head of External Relations

    Market Abuse Regulation

    This press release may contain inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

    Disclaimer

    Some of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those in such statements. These statements may be identified by words such as ‘expect’, ‘should’, ‘could’, ‘shall’ and / or similar expressions. Such forward-looking statements are subject to various risks and uncertainties. The principal risks which could affect the future operations of SBM Offshore N.V. are described in the ‘Impacts, Risks and Opportunities’ section of the 2024 Annual Report.

    Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results and performance of the Company’s business may vary materially and adversely from the forward-looking statements described in this release. SBM Offshore does not intend and does not assume any obligation to update any industry information or forward-looking statements set forth in this release to reflect new information, subsequent events or otherwise.

    This release contains certain alternative performance measures (APMs) as defined by the ESMA guidelines which are not defined under IFRS. Further information on these APMs is included in the 2024 Annual Report, available on our website Annual Reports – SBM Offshore.

    Nothing in this release shall be deemed an offer to sell, or a solicitation of an offer to buy, any securities. The companies in which SBM Offshore N.V. directly and indirectly owns investments are separate legal entities. In this release “SBM Offshore” and “SBM” are sometimes used for convenience where references are made to SBM Offshore N.V. and its subsidiaries in general. These expressions are also used where no useful purpose is served by identifying the particular company or companies.

    “SBM Offshore®“, the SBM logomark, “Fast4Ward®”, “emissionZERO®” and “F4W®” are proprietary marks owned by SBM Offshore.

    Attachment

    The MIL Network –

  • MIL-OSI: Bitget Token (BGB) Burn Model Updated with First Quarterly Burn Exceeding 30 Million Tokens

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, April 09, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has announced a significant update to the burn mechanism of Bitget Token (BGB). This enhancement introduces a utility-based model that ties BGB’s quarterly burn amount to its on-chain usage, signifying the token’s evolution towards higher transparency, compliance, and sustainable token value.

    To better reflect the growing integration of BGB across centralized and decentralized ecosystems, the new burn mechanism links quarterly burn volumes to the amount of BGB used for on-chain gas fees through Bitget Wallet’s GetGas accounts. By anchoring the burn to real usage, the model facilitates BGB’s transformation as a key asset within Web3 and real-world applications. The burn formula accounts for BGB’s usage as gas fees, quarterly average price, and predefined constants to ensure a dynamic and verifiable process.

    The first quarterly burn under this new mechanism has now been calculated. In Q1 2025, 6,943.63 BGB were topped up in Bitget Wallet’s GetGas accounts for on-chain gas fee usage. Based on the new formula, a total of 30,006,905 BGB will be burnt in this quarter. All data related to the burn — including transaction records and wallet addresses — are publicly accessible on-chain to ensure full transparency.

    “BGB is becoming a vital bridge between centralized and decentralized ecosystems. By linking its burn mechanism to actual on-chain utility, BGB’s quarterly burn amount can evolve with real usage. This update incentivizes adoption and enables transparent and sustainable tokenomics,” said Gracy Chen, CEO of Bitget. “As BGB continues to expand its role in on-chain ecosystems, a more sustainable burn mechanism can be expected.”

    Bitget Token (BGB) is the utility token that fuels the entire Bitget ecosystem, spanning both its centralized exchange and decentralized wallet. BGB can be staked to earn passive income or qualify for popular token airdrops via Launchpool and PoolX. It also unlocks early access to high-potential Web3 projects through Launchpad and LaunchX. On-chain, BGB is used to cover multi-chain gas fees in Bitget Wallet. Holding BGB grants users exclusive perks such as VIP-level upgrades and profit-sharing opportunities for elite traders. More than just a token, BGB is a gateway for users to engage with, influence, and grow alongside the Bitget ecosystem.

    Earlier this year, the BGB ecosystem was strengthened by permanently burning 800 million team-held tokens, representing 40% of the total supply. Following this burn in January 2025, the total supply was reduced to 1.2 billion, with 100% now in circulation.

    Launched in July 2021 at an initial price of 0.0585 USDT, BGB reached an all-time high of 8.5 USDT in December 2024 — delivering over 100x in cumulative gains. According to CoinMarketCap, it now ranks among the top three CEX native tokens by market cap and is listed as a top 30 crypto asset.

    For more information about the BGB burn, visit this link.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/081df246-71da-4680-a026-fe10467ba259

    The MIL Network –

  • MIL-OSI: The Keg Royalties Income Fund announces April 2025 cash distribution

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, April 08, 2025 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) today announced that its March 2025 distribution of $0.0946 per unit has been declared and is payable to unitholders of record as at April 21, 2025. The April 2025 distribution will be paid on April 30, 2025.

    The Fund is a limited purpose, open-ended trust established under the laws of the Province of Ontario that, through The Keg Rights Limited Partnership, a subsidiary of the Fund, owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. (“KRL”). In exchange for use of those trademarks, KRL pays the Fund a royalty of 4% of gross sales of Keg restaurants included in the royalty pool.

    With approximately 10,000 employees, over 100 restaurants and annual system sales exceeding $700 million, Vancouver-based KRL is the leading operator and franchisor of steakhouse restaurants in Canada and has a substantial presence in select regional markets in the United States. KRL continues to operate The Keg restaurant system and expand that system through the addition of both corporate and franchised Keg steakhouses. KRL has been named the number one restaurant company to work for in Canada in the latest edition of Forbes “Canada’s Best Employers 2025” survey.

    The MIL Network –

  • MIL-OSI: Flexi-View Lending Closes $13.85M Loan for Commercial Property Acquisition in Philadelphia.

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, April 08, 2025 (GLOBE NEWSWIRE) — Flexi-View Lending, a leading provider of flexible financing solutions for commercial real estate, today announced the successful closing of a $13.85 million loan to support the acquisition of a prime commercial property in Philadelphia, Pennsylvania.

    The loan was extended to Amanda Sima, a seasoned investor with a track record of strategic property acquisitions. Structured with a 48-month term and an interest rate of 11.55%, the financing reflects a loan-to-value (LTV) ratio of 75%, allowing the borrower to move swiftly in securing the asset within a competitive market.

    “This transaction demonstrates our commitment to empowering experienced investors with tailored solutions that align with their investment timelines and goals,” said James McDonough, Managing Director at Flexi-View Lending. “Amanda Sima’s vision for this property fits well with the evolving commercial landscape in Philadelphia, and we’re excited to support her continued growth.”

    The acquisition positions the borrower to capitalize on the ongoing demand for well-located commercial assets in urban centers, with long-term potential for value creation and community impact.

    Flexi-View Lending remains focused on delivering agile, client-centric lending services that help real estate professionals seize timely opportunities in today’s dynamic market.

    Media Contact:

    James McDonough

    Flexi-View Lending

    (209) 782-8062

    info@flexiviewlending.com

    www.flexiviewlending.com

    The MIL Network –

  • MIL-OSI: ForexVIM Showcases at Limassol Event, Offering Traders New Edge in XAU/USD Market

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, UAE, April 08, 2025 (GLOBE NEWSWIRE) — Last week, ForexVIM was officially showcased, drawing interest with its AI-driven approach to pattern recognition in the gold market. Gold trading thrives on understanding patterns and seizing the right moment. ForexVIM enters this arena as an AI-powered tool crafted to spot those patterns, helping traders make sharper, more timely decisions with confidence.

    The Power of Pattern Recognition in Trading

    Candlestick charts have long been a go-to for understanding market sentiment, but identifying and interpreting them manually can be time-consuming and prone to oversight. ForexVIM steps in with automated pattern recognition, scanning vast amounts of market data to highlight trade signals that might otherwise be missed. It’s a way to reduce guesswork and sharpen timing.

    How ForexVIM Enhances Gold Trading

    Built specifically for the gold market (XAU/USD), ForexVIM processes historical and real-time data to detect meaningful trends and emerging setups. Its goal is to help traders align entries and exits with the flow of the market, offering structure in an asset known for volatility.

    Key Features of ForexVIM

    • Market Trend Scanning: ForexVIM uses price action and built-in indicators to stay on top of market shifts and trend formations.
    • Candlestick Pattern Recognition: It identifies formations like Doji patterns, which often signal potential reversals, offering traders extra context to time decisions more effectively.
    • Integrated Risk Tools: Every trade includes pre-set Stop Loss and Take Profit levels. The system also incorporates a light martingale approach to manage losing positions in a controlled, incremental way.

    These tools aim to bring together precision and practicality, supporting traders without overcomplicating the process.

    Where AI Fits In

    AI plays a core role in ForexVIM’s architecture, not just in speed but in pattern detection and data analysis. Rather than replacing human decision-making, it enhances it, offering another layer of insight that can help traders feel more confident in fast-moving markets.

    Simple to Use, Backed by Support

    ForexVIM is designed with accessibility in mind, making it easy to set up and operate for both experienced and beginner traders. A clean interface and responsive customer support round out the experience, making the platform approachable from day one.

    ForexVIM brings together automated pattern recognition, AI-powered analysis, and a risk-aware structure to support gold trading with greater clarity. For traders looking to improve their timing and decision-making, it’s a practical option built on solid foundations.

    About ForexVIM

    ForexVIM delivers precision-driven trading solutions, combining expert market insights with high-quality tick data optimization for reliable performance. Built by experienced traders and developers, it ensures accuracy, consistency, and innovation in forex trading strategies. Learn more at https://forexvim.com/.

    Media Contact

    Brand: ForexVIM

    Contact: Media team

    Email: support@forexvim.com

    Website: https://forexvim.com/

    The MIL Network –

  • MIL-OSI: ZENMEV Launches New MEV-Based Staking Model amid Global Market Shakeup

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, NY, April 08, 2025 (GLOBE NEWSWIRE) — In response to heightened market volatility and investor uncertainty, ZENMEV has introduced a new staking model leveraging Maximal Extractable Value (MEV) to offer structurally resilient returns.

    A New Frontier in Long-Term Investment Strategies Based on MEV

    Global stock markets have recently experienced significant downturns due to tariff issues and fluctuating interest rates, causing widespread investor anxiety over plummeting asset values. Financial experts suggest avoiding panic-driven, short-term selling and instead recommend stable long-term investment strategies resilient to market volatility. One alternative gaining institutional attention is staking based on Maximal Extractable Value (MEV), with the ZENMEV platform emerging as a leading player. Unlike traditional major exchanges or regular staking services, ZENMEV returns the structural profits generated from blockchain mechanisms directly to ordinary users, quickly becoming a prominent choice.

    Market Volatility and Emergence of Staking Alternatives

    According to recent economic reports, growing recession fears and geopolitical risks have weakened trust in traditional stock markets. Historically, investors have gravitated toward safer assets like gold or bonds in such environments, but cryptocurrencies have recently emerged as alternative investments. However, their significant volatility remains a psychological hurdle during bear markets.

    In these circumstances, staking has been increasingly popular as a more stable income strategy. Users lock assets for a certain period to help validate network transactions and earn rewards in the form of block rewards or transaction fees. Notable examples include Ethereum (since transitioning to Proof of Stake), Cosmos (ATOM), and Tezos (XTZ), all providing annual fixed interest rates. Staking helps minimize impulsive short-term trading decisions, allowing investors to accumulate assets steadily.

    However, typical staking models rely solely on block rewards, limiting their profitability. Achieving satisfying returns can be challenging without significant market growth. To address this limitation, staking strategies utilizing MEV have emerged prominently, with ZENMEV leading the way.

    Understanding ZENMEV Redefining the MEV Ecosystem
     MEV refers to profits generated by blockchain validators who rearrange or insert transactions within a block to extract additional value. Decentralized Finance (DeFi) activities such as large swaps, arbitrage, or collateral liquidations create MEV opportunities. Historically, these opportunities were accessible only to specialized bots, large validators, or miners, attracting criticism as an exclusive insider game.

    ZENMEV disrupts this exclusivity by transparently distributing MEV gains to everyday users. Users deposit assets like Ethereum (ETH) or Solana (SOL), and ZENMEV’s MEV trading bots, known as Zenbots, analyze on-chain data in real time to identify and execute MEV opportunities within milliseconds. For example, if a large buy order appears on a decentralized exchange, ZENMEV strategically purchases the asset at a lower price immediately before executing the large order, realizing risk-free profits from the subsequent price increase.

    These profits are instantly and transparently distributed to stakeholders through ZENMEV’s smart contracts. Users simply deposit assets and automatically share in the structural profits derived from blockchain mechanisms. This added value distinguishes ZENMEV from conventional staking, which relies only on block rewards.

    Stable Returns in Bear Markets through Market-Neutral Strategies

    Bear markets usually lead to reduced asset prices and declining trading volumes in cryptocurrency markets. However, ZENMEV remains attractive as MEV profits derive from volatility and trading activities rather than asset price direction. For instance, front-running strategies capture profits by quickly executing transactions before large orders that push prices upward, independent of overall market trends.

    Provided meaningful trading volumes or volatility persist, MEV opportunities remain present even during downturns. Research suggests MEV opportunities continue to emerge unless markets become completely stagnant. Thus, MEV’s market-neutral strategy offers relative stability during bear markets, occasionally surpassing typical validator rewards. This structural advantage underscores ZENMEV’s growing appeal in challenging market conditions.

    Core Strength: Advanced Zenbot Algorithms and Mempool Scanning

    ZENMEV’s robust performance relies heavily on sophisticated algorithms and mempool scanning technologies. The platform efficiently processes thousands of transactions per second using deep learning models, enabling Zenbots to accurately identify and swiftly execute profitable opportunities such as liquidity pools, significant swaps, and rapid token price fluctuations. These AI-driven bots prioritize transactions strategically to maximize profit, ensuring competitive execution within blockchain networks.

    Rapid Multichain Expansion and Strategic Global VC Investment

    Though MEV discussions commonly focus on Ethereum and BNB chains, ZENMEV also seeks opportunities across networks like Solana and Cosmos. By customizing strategies to each blockchain’s unique characteristics, ZENMEV allows users seamless access to diversified MEV opportunities from multiple chains through a single platform.

    ZENMEV recently attracted strategic investments totaling approximately $140 million from prominent Web3 venture capitalists. These funds will accelerate global market expansion, enhance AI-driven MEV detection models, and further strengthen ZENMEV’s competitive position. The company is actively expanding into North America, Europe, and Asia, solidifying its global footprint.

    Combining Node Rewards with MEV Profits

    ZENMEV’s staking model uniquely combines basic validator rewards with additional MEV-generated income. Users who participate as validators typically receive standard block rewards but also benefit from additional profits derived from MEV strategies, significantly enhancing overall annual returns.

    The platform simplifies this process by automatically identifying and capitalizing on MEV opportunities, requiring no specialized technical knowledge from users. Participants simply stake assets as usual and benefit from structurally enhanced returns, making sophisticated MEV strategies broadly accessible.

    Mental Stability and Long-term Investment Approach in Bear Markets

    During bear markets, investor psychology often drives premature selling due to fear of further losses. ZENMEV’s staking model mitigates these emotional decisions by offering consistent returns from MEV strategies, encouraging investors to maintain a long-term perspective despite short-term volatility.

    ZENMEV’s continuous, AI-driven monitoring of blockchain activities eliminates the need for users to track news and market movements manually. By capturing fleeting profitable transactions automatically, ZENMEV safeguards asset values and bolsters investor confidence even during downturns.

    Conclusion and Outlook

    ZENMEV staking emerges as a uniquely robust investment alternative amid current market uncertainties, effectively harnessing blockchain inefficiencies to generate consistent returns. By democratizing previously inaccessible MEV strategies and automating the process with advanced AI technology, ZENMEV significantly enhances traditional staking models.

    With multi-chain capabilities, cutting-edge AI integration, and recent strategic funding, ZENMEV’s growth potential appears substantial. As market-neutral and volatility-responsive strategies gain prominence, platforms like ZENMEV could significantly shape the future landscape of decentralized finance.

    For detailed information, visit ZENMEV’s official website or explore technical documentation.

    Social Links

    CoinMarketCap: https://coinmarketcap.com/community/profile/zenmev/

    LinkedIn: https://www.linkedin.com/company/zenmev/

    X: https://x.com/zenmev

    Telegram: https://t.me/ZENMEV_Channel

    Medium: https://medium.com/@zenmev

    Media contact

    Brand: ZENMEV

    Contact: Media team

    Email: support@zenmev.com

    Website: https://zenmev.com/

    The MIL Network –

  • MIL-OSI: Matthews Asia Co-Founder Mark Headley Returns as Executive Chairman

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, April 08, 2025 (GLOBE NEWSWIRE) — Matthews Asia today announced that co-founder and former Chief Executive Officer (CEO), Mark Headley, has been appointed Executive Chairman and will assume the CEO responsibilities. Mark, who will continue to serve on the Matthews Asia Board of Directors and as the newly appointed Chairman and interim CEO, succeeds Cooper Abbott, who left the firm on April 7, 2025.

    Mark Headley brings his extensive investment and operational leadership back to the firm he co-founded with Paul Matthews in 1995. During his long tenure at the firm, he held both CEO and CIO roles as well as being a Portfolio Manager on a range of mutual funds. Under Mark’s leadership, he helped guide the firm through a significant period of growth as well as managing the firm during challenging periods in financial markets that included the Global Financial Crisis in 2007.

    Over his two decades at Matthews, and in partnership with Paul Matthews, Mark helped lead the evolution and growth of the firm to become a leading and highly regarded Emerging Market investment manager for Asia-focused investments. With a strong commitment to active management and fundamental research, he helped the firm develop its investment approach and build a deep bench of investment talent. The firm’s focus on investments in Asia and Emerging Markets created a unique value proposition which remains in place today along with a deeply embedded client-centric culture.

    Paul Matthews, founder, said, “I am extremely pleased that Mark has been appointed Executive Chairman of the firm we founded together over 30 years ago. During Mark’s time at Matthews, the success of this firm had been driven by his deep understanding of Asia’s markets and an unwavering focus on exceeding our clients’ expectations. I am confident that Mark is the right person to lead the company. As a former CEO and Portfolio Manager of Matthews, he has the proven strategic and operational leadership experience that will help the firm navigate through these challenging markets and set the firm onto a path towards its next period of growth and innovation.”

    Mark Headley, Executive Chairman, said, “I am delighted to be rejoining Matthews. I am particularly excited to work closely with Sean Taylor, CIO, and a talented group of experienced professionals at the firm. I am confident that we can deliver long-term growth opportunities for our clients, employees and shareholders.”

    About Matthews Asia

    Matthews is an independent, privately owned investment manager founded in 1991 on a belief that Global Emerging Markets offer exceptional long-term growth potential. As a trusted and experienced investor, Matthews takes a long-term, active, fundamental investment approach to construct highly differentiated portfolios that focus on Emerging Markets, Asia and China. The firm manages assets on behalf of institutions, advisors and individual investors globally in vehicles that include SMAs, mutual funds and active ETFs. For more information about Matthews, please visit www.matthewsasia.com.

    Media Contact in the U.S.:
    Dukas Linden PR
    Sarah Lazarus/Christian Healey
    +1 617-335-7823/+ 1 781-439-2500
    sarah@dlpr.com/christian@dlpr.com

    Media Contact in Europe/Asia:
    Mark Lidstone
    Matthews Asia
    mark.lidstone@matthewsasia.com

    Disclosure
    This announcement is for informational purposes only and does not, in any way, constitute investment advice or an offer to sell or a solicitation of an offer to buy any security or product mentioned herein. Investing in international and emerging markets may involve additional risks, such as social and political instability, market illiquidity, exchange-rate fluctuations, a high level of volatility and limited regulation.
            
    Matthews Asia is the brand for Matthews International Capital Management, LLC and its direct and indirect subsidiaries.

    The MIL Network –

  • MIL-OSI: TransAlta to Host Annual Meeting of Shareholders and First Quarter 2025 Results Conference Call

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, April 08, 2025 (GLOBE NEWSWIRE) —

    2025 Annual Meeting of TransAlta Corporation Shareholders

    On Thursday, April 24, 2025, TransAlta Corporation (“TransAlta”) (TSX: TA) (NYSE: TAC) will hold its annual meeting of shareholders at 11:30 a.m. Mountain Time (1:30 p.m. Eastern Time) in a virtual-only meeting format via live audio webcast (https://meetings.400.lumiconnect.com/r/participant/live-meeting/400-164-661-424). The management proxy circular (available at https://transalta.com/investors/results-reporting/) provides detailed information about the business of the meeting and the voting process. TransAlta will only conduct the formal business of the meeting and there will not be a management presentation.

    First Quarter 2025 Conference Call

    TransAlta will release its first quarter 2025 results before markets open on Wednesday, May 7, 2025. A conference call and webcast to discuss the results will be held for investors, analysts, members of the media and other interested parties the same day beginning at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time).

    First Quarter 2025 Conference Call:
    Webcast link: https://edge.media-server.com/mmc/p/wzq2tgtc

    To access the conference call via telephone, please register ahead of time using the call link: https://register-conf.media-server.com/register/BI49f11ff999b449caa13c201afbb053aa. Once registered, participants will have the option of 1) dialing into the call from their phone (via a personalized PIN); or 2) clicking the “Call Me” option to receive an automated call directly to their phone.

    Related materials will be available on the Investor section of TransAlta’s website at https://transalta.com/investors/presentations-and-events/. If you are unable to participate in the call, the replay will be accessible at https://edge.media-server.com/mmc/p/wzq2tgtc. A transcript of the broadcast will be posted on TransAlta’s website once it becomes available.

    About TransAlta Corporation:

    TransAlta owns, operates and develops a diverse fleet of electrical power generation assets in Canada, the United States and Australia with a focus on long-term shareholder value. TransAlta provides municipalities, medium and large industries, businesses and utility customers with affordable, energy efficient and reliable power. Today, TransAlta is one of Canada’s largest producers of wind power and Alberta’s largest producer of thermal generation and hydro-electric power. For over 113 years, TransAlta has been a responsible operator and a proud member of the communities where we operate and where our employees work and live. TransAlta aligns its corporate goals with the UN Sustainable Development Goals and the Future-Fit Business Benchmark, which also defines sustainable goals for businesses. Our reporting on climate change management has been guided by the International Financial Reporting Standards (IFRS) S2 Climate-related Disclosures Standard and the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. TransAlta has achieved a 70 per cent reduction in GHG emissions or 22.7 million tonnes CO2e since 2015 and received an upgraded MSCI ESG rating of AA.

    For more information about TransAlta, visit its website at transalta.com.

    Note: All financial figures are in Canadian dollars unless otherwise indicated.

    For more information:

    Investor Inquiries: Media Inquiries:
    Phone: 1-800-387-3598 in Canada and U.S. Phone: 1-855-255-9184
    Email: investor_relations@transalta.com Email: ta_media_relations@transalta.com

    The MIL Network –

  • MIL-OSI: Draft resolutions prepared by the Board for the shareholders’ meeting of Invalda INVL to be held on 30/04/2025

    Source: GlobeNewswire (MIL-OSI)

    The draft resolutions prepared by the Board of Invalda INVL (company code 121304349, registered office address Gynėjų str 14, Vilnius, Lithuania) are submitted to the Ordinary General Meeting of Shareholders to be held on 30 April 2025.

    The draft resolutions of the General Shareholders Meeting:
    1. Presentation of the public joint stock company Invalda INVL consolidated annual management report for 2024.
    Shareholders of the public joint stock company Invalda INVL are presented with the Consolidated Annual Management Report of the Company for 2024 (attached). There is no voting on this issue of agenda.

    2. Presentation of the independent auditor’s report on the financial statements and consolidated annual management report of the public joint stock company Invalda INVL.
    Shareholders of the public joint stock company Invalda INVL are presented with the independent auditor’s report on the financial statements and consolidated annual management report of the Company (attached). There is no voting on this issue of agenda.

    3. Approval of the consolidated and stand-alone financial statements for 2024 of the public joint stock company Invalda INVL.
    To approve the consolidated and stand-alone financial statements for 2024 of the public joint stock company Invalda INVL (attached).

    4. Resolution regarding profit distribution of the public joint stock company Invalda INVL.
    To approve the profit distribution of the joint-stock company Invalda INVL in accordance with the draft profit distribution proposed by the Board (attached).

    5. Decision on approval of the Remuneration Report of the public joint stock company Invalda INVL.
    To approve the Remuneration Report of the public joint stock company Invalda INVL for 2024 (included into the Consolidated Annual Report as Annex 4).

    6. Resolution regarding purchase of own shares of the public joint-stock company Invalda INVL.
    Until the day of the General Shareholders meeting the reserve for the purchase of own shares which is equal to EUR 9,100 thousand is not used.
    To use the reserve (a part of it) for the purchase of own shares and to purchase shares of Invalda INVL under these conditions:
    1) The goal for the purchase of own shares is to reduce the share capital of Invalda INVL by cancelling own shares acquired by the company and/or to fulfil the obligations related to the share option schemes (options) if it is decided to choose this method of granting shares.
    2) The maximum number of shares to be acquired – the nominal value of own shares may not exceed 1/10 of the share capital.
    3) The period during which the company may purchase its own shares – 18 months from the day of this resolution.
    4) The maximum and minimal one share acquisition price: the maximum one share acquisition price – value of consolidated equity per one share calculated according to the last publicly announced data of the consolidated equity of Invalda INVL before the decision of the Board is taken; minimum one share acquisition price is EUR 1.
    5) The conditions of the selling of the purchased shares and minimal sale price: Purchased own shares (including the shares acquired before the adoption of this decision) may be cancelled by the decision of the General Shareholders Meeting or by the decision of the Board granted the right to acquire the shares for the employees upon conditions of the Rules for Granting Equity Incentives. The acquired shares will not be sold and therefore no minimum selling price and no procedure for the sale of the shares are set.
    The Board of Invalda INVL is hereby mandated to:
    (i) To initiate a reduction of the Company’s share capital within the time limits specified by law if the nominal value of the own shares acquired and held exceeds 1/10 of the share capital.
    (ii) Subject to the conditions set out in this decision and the requirements of the Law on Companies of the Republic of Lithuania, take decisions regarding purchase of own shares of Invalda INVL, organise the purchase of own shares, determine the method, procedure and timing of the purchase of the shares, the number of shares and the price of the shares, and carry out any other actions relating to the purchase of own shares.
    As of the date of this resolution, the resolution of the Annual General Meeting of 30 April 2024 regarding the acquisition of own shares will expire.

    7. Resolution regarding the exercise of stock options granted to Invalda INVL Group employees in 2022.
    Pursuant to the decision of the General Meetings of Shareholders of 30 April 2022, on the basis of which stock option agreements on the acquisition of shares of Invalda INVL in 2025 were concluded with the employees of Invalda INVL and companies in which more than 50% of the shares are owned by Invalda INVL, to establish that the right of the employees to acquire the said shares is exercised by transferring to the employees own shares acquired by the company.
    To establish that, for the exercise of the stock options granted in 2022, the transfer price and the maximum number of own shares of the Company to be transferred shall be:
    A) If the shareholders’ meeting of 30 April 2025 does not approve the proposed distribution of profit and no dividends are allocated, up to a maximum of 40,862 units shall be transferred to the employees at a price per share of EUR 0.90, i.e. the purchase price of EUR 1 (one) set by the shareholders’ meeting of 30 April 2022 shall be reduced by the amount of the dividends paid prior to the signing of the share purchase agreement.
    B) If the shareholders’ meeting of 30 April 2025 approves the proposed distribution of profit and a dividend of EUR 1.25 per share is allocated, taking into account that the amount of dividends per share allocated from the date of conclusion of the option agreement to the date of signing the share purchase agreement exceeds the fixed acquisition price of EUR 1 (one), the shares shall be granted to the employees free of charge and the amount of the granted shares shall be converted in accordance with the following formula in order to preserve the economic rationale of the agreement for concluding the share purchase agreement: (0.35 (difference resulting from the payment of dividends since the conclusion of the option agreement) * number of shares allotted in 2022)/(EUR 18.80 (the higher of the closing price at the end of 2024 between the share market price and the NAV per share) – EUR 1.25 (dividends allocated)). The calculated number of shares is rounded according to mathematical rules. The number of shares to be transferred to the employees is recalculated in this way to 41,678 units.

    8. Resolution regarding the number of ordinary registered shares of Invalda INVL for which employees shall be offered stock options contracts during the year 2025 and regarding the price of the shares.
    It is offered for the employees of Invalda INVL and of the companies, in which Invalda INVL owns 50% or more  shares, during the year 2025 to sign stock options contracts, on the basis of which, according to the procedures and terms established in stock options contracts, in year 2028 employees will be able to exercise the right to acquire up to 100,000 ordinary registered shares of Invalda INVL of EUR 0.29 nominal value.
    To provide that the shares will be granted free of charge. If the company has declared dividends or paid out free funds per share prior to the grant of the shares, the number of shares to be granted will be recalculated in accordance with the following formula in order to preserve the economic logic of the share purchase agreement: (dividends granted per share at the General Shareholders Meetings in 2026, 2027 and 2028 and/or free funds disbursed per share in the period 2025 – 2028 prior to the grant of the shares) * number of shares allotted in 2025)/(the higher of the price at the end of 2027 between the share market price and the NAV per share – dividends declared at the General Shareholders Meeting in 2028 and/or free funds disbursed per share in the period 2028 prior to the grant of shares). If the shares are granted before the record date for the 2028 dividend, such dividends per share shall not be included in the conversion formula. The number of shares recalculated in accordance with this formula shall be deemed to be approved by the shareholders in accordance with the Rules for Granting Equity Incentives. If in 2028 newly issued shares are granted, the issue price per share will be equal to the nominal value of the share and it will be paid in full by Invalda INVL from the company’s reserve for granting shares.

    The person authorized to provide additional information is:
    Darius Šulnis, CEO of Invalda INVL
    Darius.Sulnis@invl.com

    Attachments

    The MIL Network –

  • MIL-OSI: The Board of Invalda INVL proposed to allocate dividends for the year 2024

    Source: GlobeNewswire (MIL-OSI)

    On 8 April 2025, the Board of Invalda INVL decided to propose to the Annual General Shareholders Meeting of the company to be held on 30 April 2025 to allocate a dividend of EUR 1.25 per share for the year 2024, when the total number of shares entitling to dividends is 12,016,791. The total amount allocated for dividends is EUR 15.02 million.

    The person authorized to provide additional information is:
    Darius Šulnis, CEO of Invalda INVL
    Darius.Sulnis@invl.com

    Attachment

    The MIL Network –

  • MIL-OSI: Audited results of Invalda INVL Group for 2024

    Source: GlobeNewswire (MIL-OSI)

    Invalda INVL reported equity of EUR 222 million at the end of December 2024, or EUR 18.48 per share. These figures were 25.4% and 25.3% higher, respectively, than a year earlier, including the dividends paid last year.

    In 2024, Invalda INVL earned an audited net profit of EUR 44.4 million, compared with EUR 45.8 million in 2023, when a strategically important merger of Invalda INVL group’s retail businesses with Šiaulių bankas was completed. From last year’s profit, the company proposes a dividend payout of EUR 15 million, or EUR 1.25 per share. The proposal will be put to a vote at the general meeting of shareholders on 30 April.

    “2024 was a successful and profitable year for our clients and for the Invalda INVL group. In a rapidly changing geopolitical and economic environment, we consistently focus our work on creating long-term value by investing, ensuring asset diversification and liquidity for our clients, and growing and strengthening the managed businesses to enhance their competitiveness,” says Darius Šulnis, the CEO of Invalda INVL.

    The group generated gains of EUR 157 million for its clients last year. Client assets under management grew by 17% during the year, reaching EUR 1.68 billion at the end of December 2024.

    Strategic core business: asset management and family office activities

    Invalda INVL’s revenue from the management of assets entrusted by its clients totalled EUR 14.1 million in 2024, 16.5% less than in 2023. The decline in the period of comparison reflects the exclusion of revenue from the retail business, which was transferred to Šiaulių Bankas in early December 2023.

    The 2024 profit of strategic core business of the group, which also includes the company’s own investments in the products it manages, amounted to EUR 17.8 million, compared with EUR 39.4 million in 2023.

    The activities of the INVL Baltic Sea Growth Fund (INVL BSGF) were among last year’s most significant events. In February 2024, the fund acquired the buckwheat producer and grain trader company Galinta, and near the end of the year the fund signed an agreement to acquire shares in Pehart Group, a leading producer of household and industrial paper products in Romania. The completion of that transaction will make Pehart Group the INVL BSGF’s 10th and the last investment. Also, a new milestone for the fund was launched: in March 2025, the INVL BSGF completed the sale of InMedica Group, private healthcare network, demonstrating the success of the fund’s strategy to build sector leaders. During the 6 years of the fund’s investment in InMedica Group, the company increased its revenues more than 15 times, and the group grew from 18 clinics to a network of 89 medical clinics, hospitals and laboratories.

    “The remaining portfolio companies of INVL Baltic Sea Growth Fund are also being successfully strengthened, and some are already being prepared for the sale. In 2025, we will focus on generating cash flows from the fund’s portfolio along with a solid return for our investors,” Darius Šulnis says.

    Last year the preparatory work was carried out for a second-generation private equity fund, which has begun operations in 2025. Having raised EUR 305 million, INVL Private Equity Fund II,  the largest private equity fund in the Baltics, has started operations, exceeding its target size in the first closing.

    Total revenues across the Invalda INVL group’s portfolio companies of private equity funds amounted to EUR 854 million in 2024, with EBITDA totalling EUR 207 million and combined 12,500 employees at year-end.

    The investment opportunities offered by Invalda INVL Group in global third country funds have also been well received by investors in the Baltic region. The INVL Partner Global Real Estate Fund I, established early last year, attracted USD 13.25 million from investors, while the INVL Partner Power Opportunities Fund, launched in September 2024, raised USD 24.71 million.

    The INVL Renewable Energy Fund I is due to complete its investment phase this year and prepare to manage power generation projects that will begin producing revenue. The fund’s team will also focus on realizing value, which may include the potential sale of projects. In 2025, work began on analyzing possible scenarios for the establishment of a second renewable energy fund with a broader infrastructure strategy.

    The INVL Sustainable Timberland and Farmland Fund II entered a new geographic market in 2024 with its acquisition of forests in Romania as the fund’s total portfolio of land and forest exceeded 20,000 hectares. This year the fund will focus on improving the quality of its portfolio, undertaking value-creating transactions and seeking to ensure a steady revenue generation and achieve the targeted return for investors.

    INVL Technology earned a net profit of EUR 8.1 million in 2024, 56.6 more than in 2023. The price of the company’s shares on the stock exchange rose nearly 70% last year. In mid-March 2024, INVL Technology announced that it had signed an agreement with an investment advisor and M&A intermediary for the sale of the company’s portfolio of businesses.

    INVL Baltic Real Estate, the real estate investment company, had a consolidated net profit of EUR 2.74 million last year, which is 3.9 times the figure for 2023.  INVL Baltic Real Estate completed the sale of a property holding in Latvia last year in a transaction valued at EUR 7.45 million.

    As of late 2024, INVL Asset Management became the manager of INVL Bridge Finance, a fund that is successfully operating in the private debt market.

    The INVL Family Office continued its successful activities in Lithuania and expanded operations in the other Baltic countries. The first clients are already being served in the Family Office representative offices in Latvia and Estonia.

    Equity investments

    Invalda INVL’s other equity investments, aside from the asset management, had a EUR 32.1 million impact on earnings in 2024.

    This result was positively influenced by the strong performance of the banks in which the company holds stakes, along with their growth in value and dividend payouts. Invalda INVL has investments in Šiaulių Bankas and in maib, Moldova’s largest bank.

    The positive impact of Šiaulių Bankas on Invalda INVL’s pretax profit, including dividend payments, was EUR 23.6 million. In 2024, the bank has successfully integrated the INVL retail business, moved forward with a business transformation to strengthen the bank, and, in April this year, announced plans to change its name to Artea. Šiaulių Bankas last year earned a record EUR 79.3 million net profit and half of it has allocated to dividends. The bank’s share price on the stock exchange rose 19% during 2024. 

    During the last year, maib once again delivered solid financial results in 2024, reflecting both resilience and sustainable growth in all business segments. The bank had an unaudited net profit of EUR 73.4 million last year and paid EUR 39.4 million in dividends. Maib made the positive influence of EUR 4.8 million on Invalda INVL’s pretax profit.

    Litagra, one of the largest agribusiness groups in Lithuania, has benefited from favourable market trends.  Since the second half of 2024, the company’s revenue, EBITDA and profit have recovered and increased. Litagra had a positive influence of EUR 3.3 million on Invalda INVL’s result for 2024.

    The person authorized to provide additional information is:
    Darius Šulnis, CEO of Invalda INVL
    Darius.Sulnis@invl.com

    Attachments

    The MIL Network –