NewzIntel.com

Category: GlobeNewswire

  • MIL-OSI: CoinShares Resolves on Dividend Distribution for the financial year 2024

    Source: GlobeNewswire (MIL-OSI)

    2 April 2025 | SAINT HELIER, Jersey | As announced on 18 February 2025, CoinShares International Limited (“CoinShares” or the “Company”) (Nasdaq Stockholm: CS; US OTCQX: CNSRF),  the leading European investment company specialising in digital assets, indicated a distribution to shareholders would be considered within the parameters of the dividend policy, subject to the finalisation of the Group audit for the year ended 31 December 2024

    Under the policy, the Company aims to return to shareholders by way of annual dividend of between 20% and 40% of the Group’s profit after tax, adjusted for any special dividend payments made during the period.

    Consistent with the policy, and following publication of the Group’s audited financial statements for the year ended 31 December 2024, the Board of the Company resolved to declare and pay in four equal instalments an annual dividend in relation to the financial year ending 31 December 2024 of approximately GBP 0.30 per ordinary share, amounting to GBP 20,000,000, to be paid from the Group’s reserves.

    The dividend to holders of ordinary shares will be made in sterling (GBP) and subsequently, before distribution to shareholders who hold ordinary shares via Euroclear Sweden, converted to SEK at prevailing rates at the time of distribution.

    The total number of shares in the Company as at 31 December 2024 was 2024 66,678,210.

    The key dates for the annual dividend are as follows:

      Ex-dividend date Record date Payment date Total Dividend
    Tranche 1 29 April 2025 30 April 2025 6 May 2025 GBP 5,000,000
    Tranche 2 27 June 2025 30 June 2025 3 July 2025 GBP 5,000,000
    Tranche 3 29 September 2025 30 September 2025 3 October 2025 GBP 5,000,000
    Tranche 4 29 December 2025 30 December 2025 7 January 2026 GBP 5,000,000

    In accordance with Article 115(4) of the Companies (Jersey) Law 1991, each payment will be subject to an assessment of the financial health of the Group by its Board.

    About CoinShares

    CoinShares is the leading European alternative asset manager specialising in digital assets, 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

    The MIL Network –

  • MIL-OSI: SUTNTIB AB “Tewox” publishes its NAV for March 2025

    Source: GlobeNewswire (MIL-OSI)

    Vilnius, Lithuania, April 02, 2025 (GLOBE NEWSWIRE) —

    As at the end of March 2025, the net asset value (NAV) of SUTNTIB AB „Tewox“ decreased to EUR 42,415,003, compared to previously determined NAV at the end of February 2025, which was EUR 42,794,355.

    The share price decreased to EUR 1.0132, from EUR 1.0222 at the end of February 2025. The pro-forma internal rate of return (IRR) decreased to 0.45%, compared to previously announced IRR of 0.78% at the end of February 2025.

    Contact person for further information:

    Paulius Nevinskas

    Manager of the Investment Company

    paulius.nevinskas@lordslb.lt

    https://lordslb.lt/tewox_bonds/

    The MIL Network –

  • MIL-OSI: Change in the holding of Oma Savings Bank Plc’s own shares

    Source: GlobeNewswire (MIL-OSI)

    OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE 2.4.2025 AT 11:30 A.M. EET, CHANGES IN COMPANY’S OWN SHARES

    Change in the holding of Oma Savings Bank Plc’s own shares

    On 10, March 2025 a total of 372 shares in Oma Savings Bank Plc (OmaSp or Company) have been returned free of consideration to OmaSp according to the terms and conditions of the share-based incentive scheme 2022-2023.

    Including the returned shares, OmaSp now holds a total of 137 019 own shares in treasury.

    Oma Savings Bank Plc

    Additional information:
    Sarianna Liiri, CFO, tel. +358 40 835 6712, sarianna.liiri@omasp.fi

    DISTRIBUTION: 
    Nasdaq Helsinki Ltd
    Major media
    www.omasp.fi

    OmaSp is a solvent and profitable Finnish bank. About 500 professionals provide nationwide services through OmaSp’s 48 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners’ products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations.

    OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in OmaSp.

    The MIL Network –

  • MIL-OSI: Result of the auction of 0.50 per cent DGB 2027 and 2.25 per cent DGB 2035

    Source: GlobeNewswire (MIL-OSI)

    Bids, sales, cut-off price, pro rata and yield are presented in the table below:           

    ISIN Bid mill. DKK (nominal) Sale mill.DKK (nominal) Cut-off price Pro rata Yield
    99 23567 DGB 0.50% 15/11/2027 7,460 1,985 96.56 62.9 % 1.86 % p.a.
    99 24961 DGB 2.25% 15/11/2035 1,360 860 97.34 100 % 2.54 % p.a.
    Total 8,820 2,845      

    Settlement: 4 April 2025

    The MIL Network –

  • MIL-OSI: Notice to convene Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 3/2025

    According to Art. 9.1 of the Articles of Association, notice is hereby given of the Annual General Meeting of Columbus A/S to be held on:

    Tuesday 29 April 2025 at 10.00
    at Columbus, Lautrupvang 6, 2750 Ballerup

    Agenda:

    1. Board of Directors’ report on the business of the Company during the past year.

    2. Presentation and approval of the Annual Report.

    3. Resolution on the appropriation of profit or covering of loss as recorded in the adopted Annual Report.

    4. Presentation of and indicative ballot on the Remuneration Report.

    5. Proposal to authorize the Board of Directors to acquire for the Company up to 10 per cent of the Company‘s share capital

    6. Election of members of the Board of Directors

    7. Election of one or two state authorized public accountants as auditors.

    7.1. Election of state authorized public accountants as auditors
    7.2. Election of state authorized public accountants as sustainability auditors

    8. Any other business

    Full wording of proposals

    Re. item 1:
    The Board of Directors proposes that the General Meeting takes note of the Board of Director’s report on the business of the Company during the past year.

    Re. item 2:
    The Board of Directors recommends that the Annual Report 2024 be approved.

    Re. item 3:
    The Board of Directors proposes that the General Meeting approves the Board of Directors’ proposal for the allocation of profit as stated in the Annual Report for 2024, including distribution of an ordinary dividend to shareholders of DKK 0.125 per share of DKK 1.25 (nom.), corresponding to total dividends of DKK 16,159,533.

    Re. item 4:
    The Board of Directors recommends that the General Meeting approves the Remuneration Report.

    Re. item 5:
    The Board of Directors proposes that the General Meeting authorizes the Board of Directors for a period of 18 months from the date of the General Meeting to acquire for the Company up to 10 per cent of the Company‘s share capital against payment which shall not deviate more than 10 per cent up or downwards from the latest listed price of the shares at Nasdaq Copenhagen prior to the acquisition.

    Re. item 6:
    The Board of Directors proposes re-election of the following Board members:

    Ib Kunøe
    Sven Madsen
    Peter Skov Hansen
    Karina Kirk
    Per Kogut

    For further information about the individual Board members, see Appendix 1.

    Re. item 7.1:
    The Board of Directors recommends that Pricewaterhousecoopers Statsautoriseret Revisionspartnerselskab, CVR-no. 33 77 12 31 be re-elected in accordance with the recommendation from the Audit Committee. The Audit Committee has not been influenced by third parties and has not been subjected to any agreement with third parties which limits the General Meeting’s election of certain auditors or auditing firms.

    Re. item 7.2:
    The Board of Directors recommends that Pricewaterhousecoopers Statsautoriseret Revisionspartnerselskab, CVR-no. 33 77 12 31 be elected to provide a statement on sustainability reporting in the management’s review in accordance with the recommendation from the Audit Committee. The Audit Committee has not been influenced by third parties and has not been subjected to any agreement with third parties which limits the General Meeting’s election of certain auditors or auditing firms.

    Adoption requirements
    For adoption of the proposals under the items 2, 3, 4, 5, 6 and 7 on the agenda simple majority is required.

    Registration date
    The date of registration is 22 April 2025, at 23:59 CET.
    Only shareholders who possess shares in the Company at the expiration of the registration date are entitled to participate and vote at the Annual General Meeting. On expiry of the date of registration, the shares held by each of the Company‘s shareholders on the date of registration date is determined on the basis of the shares registered in the register of shareholders and duly evidenced notifications to the Company of share acquisitions not yet entered in the register of shareholders, but received by the Company before expiry of the date of registration.

    Participation is furthermore conditional on the shareholder‘s punctual requisitioning of an admission card as described below.

    Procedure for participating in and voting at the Company’s Annual General Meeting
    Requisition of admission cards:
    digitally via the Shareholder Portal on the Company’s website: cgr@columbusglobal.com.

    Registration must reach Computershare A/S or the Company no later than Friday 25 April 2025 at 23:59 CET.

    Ordered admission cards will be sent out by e-mail. This requires that your email address is registered on the Shareholder Portal, or that you register your e-mail address when ordering admission card via the Shareholder Portal. After registration, you will receive an electronic admission card. Bring your electronic version on your smartphone or tablet. If you have forgotten your admission card for the general meeting, it can be obtained against presentation of appropriate proof of identification. Ballot papers will be handed out at the entry point at the General Meeting.

    Proxies:
    Proxies can be granted:
    digitally via the shareholder portal on the Company’s website: Information from the Company

    No later than 7 April 2025 the following information will be available to the shareholders at the Company’s website

    By the notice to convene annual general meeting Columbus A/S has registered a share capital of nominal DKK 161,595,330, corresponding to 129,276,264 shares of nominal DKK 1.25. Each share of nominal DKK 1.25 provides 1 vote.

    Ballerup, April 2nd, 2025
    Board of Directors, Columbus A/S

    Appendix 1: Election of members to the Board of Directors 

    Election of members to the Board of Directors and recruitment criteria
    Pursuant to Columbus A/S’ Articles of Associations, the Board of Directors must consist of 3-7 members to be elected by the general meeting for a term of one year.

    When nominating new Board members, management experience, professional and financial competencies needed to ensure that the Board has the necessary competencies to be able to manage the interests of the Company and thereby the shareholders are carefully assessed.

    Besides competencies and qualification, new candidates are selected on the basis of criteria such as the need for seniority, renewal and diversity.

    The Company’s Articles of Association do not include restrictions concerning the number of times a member is allowed to be re-elected to the Board of Directors. Seniority in itself is not a crucial criterion, but the Board of Directors finds that long seniority and thereby extensive experience for part of the Board members is highly beneficial to the company. Seniority combined with continuous renewal ensure a broad-based composition of the Board of Directors.

    Gender, age and nationality are not qualifications alone, but are part of the total assessment of the competencies of a board candidate.

    Information about proposed candidates
    Below, competencies and directorships in other companies are described for each of the proposed candidates.

    It is the Board of Director’s assessment that the proposed candidates represent the necessary competencies in the Board of Directors to ensure that the size, composition and competencies of the Board of Directors is such that constructive discussions and efficient decision-making process can be ensured during Board meetings.

    Ib Kunøe
    Born 1943
    Chairman of the Board
    Member of the Board since 2004, re-elected in 2024
    Does not fulfill the Committee of Corporate Governance definition of independency

    Education:
    Holds an HD Graduate Diploma in Organisation and Management as well as a background as a professional officer (major).

    Chairman of the Board for:
    Consolidated Holdings A/S, X-Yachts A/S, X-Yachts Marina A/S, CALUM Ballerup K/S, CALUM Åbyhøj K/S, CALUM Værløse K/S, CALUM Rødovre K/S, Komplementarselskabet Åbyhøj ApS, Komplementarselskabet Værløse ApS, Komplementarselskabet Rødovre ApS, Komplementarselskabet Ballerup ApS

    Member of the Board for:
    Atrium Partner A/S

    Special competencies:
    Company management, including management of IT companies, development of and dealing with companies.

    Sven Madsen
    Born 1964
    Member of the Board since 2007, re-elected in 2024
    CFO in Consolidated Holdings A/S
    Member of the Audit Committee
    Does not fulfill the Committee of Corporate Governance definition of independency

    Education:
    Holds a Graduate Diploma in Financial and Management Accounting and an MSc in Business Economics and Auditing

    Chairman of the Board for:
    Atea ASA, CHV III ApS, Dansk Emballage A/S

    Member of the Board for:
    Consolidated Holdings A/S, core:workers AB, core:workers Holding A/S, X-Yachts A/S,  X-Yachts Marina A/S, Ejendomsaktieselskabet af 1920 A/S, DAN-Palletiser Finans A/S, MonTa Biosciences ApS.

    Special competencies:
    General management, M&A, business development, economic and financial issues.

    Peter Skov Hansen
    Born 1951
    Member of the Board since 2012, re-elected in 2024
    Chairman of the Audit Committee
    Transitioning from being independent to no longer fulfilling the Committee of Corporate Governance’s definition of independence due to the duration of the board tenure exceeding 12 years.

    Education:
    Completed State Authorized Public Accountant education in 1980, registered as non-practicing 

    Member of the Board for:
    X-Yachts A/S

    Special competencies:
    Business development and financial, accounting and tax related issues.

    Karina Kirk
    Born 1971
    Member of the Board since 2018, re-elected in 2024
    Owner of KIRK & CO., Executive and board advisory
    Fulfills the Committee of Corporate Governance definition of independency

    Education:
    Holds a Master of Science in International Business Administration (1996), NYU Stern School of Business, MBA selected classes (1994), Executive, Board Leadership and Governance (2017)

    Member of the Board for:
    Ringsted Olie A/S, BRO Kommunikation A/S

    Special competencies:
    General management, management of consulting companies, market and customer leadership, business development and business transformation.

    Per Kogut
    Born 1964
    Member of the Board since 2022, reelected in 2024
    Fulfills the Committee of Corporate Governance definition of independency

    Education:
    Per Kogut holds a Master, Public Administration & IT science from the University of Copenhagen.

    Chairman of the Board for:
    Digital Hub Denmark

    Member of the Board for:
    Loyal Solutions A/S, Loyal Solutions A/S, Enhance TopCo A/S, Enhance BidCo ApS, Relatable Consulting A/S and Automize A/S

    Special competencies:
    General management, management of consulting companies, market and customer leadership and business development.

    Attachment

      SE_03_2025_Notice_to_convene_Annual_General_Meeting

    The MIL Network –

  • MIL-OSI: IceMOS Technology Closes $22 Million Series E Investment to Fund Launch of New Power Semiconductor Device Technology mSJMOS

    Source: GlobeNewswire (MIL-OSI)

    PARADISE VALLEY, Ariz., April 02, 2025 (GLOBE NEWSWIRE) — Semiconductor manufacturer, IceMOS Technology Corporation today announced it has completed Series E funding from a London-based investor, 57 Stars LLC , and earlier stage USA investors.

    The company headquartered in Paradise Valley, Arizona, has a manufacturing center of excellence located in Northern Ireland, an advanced research innovation center in Arizona, and a design center in Tokyo, Japan. IceMOS Technology is an industry-leading developer of next generation silicon power devices. These products, called mSJMOSTM, are developed using a novel semiconductor technology based on IceMOS Intellectual Property of which the company holds over 70 patents. The silicon-based mSJMOSTM, exhibits a new phenomenon resulting from the integration of Silicon MEMS manufacturing techniques with mature node CMOS Super-junction Power MOSFET structures resulting in power MOSFETs that deliver dramatic semiconductor energy efficiency.

    The investment, which values IceMOS at a market capitalization of $110 million USD (£85million) post money, will enable IceMOS to increase strategic manufacturing in Northern Ireland, device design capability, applications engineering, marketing and sales worldwide as it starts preparation to launch mSJMOSTM platforms.

    “Our sensing and power technologies are paving the way for more energy-efficient and CO2-saving solutions that support decarbonization,” said Dr. Samuel J. Anderson, MBE, IceMOS Technology Founder and Chairman. “Products based on this advanced technology represents a new class of semiconductors, essential to serve the efficiency demands of the massively complex market segments like artificial intelligence (AI), internet of things (IoT), big data, renewables wind and solar, electric vehicles and aerospace applications. The merging of mSJMOSTM structures and MEMS manufacturing techniques presents a revolutionary silicon-based technology that can compete with wideband gap devices at 650 Volts, 750Volts, 900Volts, and 1200Volts.”

    IceMOS will be expanding its global workforce to more than 100 employees on post funding. IceMOS is pleased to announce that Niall Lyne has accepted the position of IceMOS Chief Operating Officer and Executive Vice President, Global Sales. Niall an Industry veteran held numerous positions with Analog Device, Inc., Intersil and more recently Renesas Electronics. In this position, he will be responsible for optimizing company objectives, operations, and revenue growth.

    The new Investors in the IceMOS Series E attended the Northern Ireland Investment Summit in September 2023 which was a collaboration by the Department for Business and Trade, the Northern Ireland Office, and Invest Northern Ireland, which hosted around 200 investors from across the world to visit Belfast with the aim of turbocharging inward investment into all corners of Northern Ireland.

    Secretary of State for Northern Ireland Hilary Benn said: “Northern Ireland’s track record of delivering innovation, its supportive business environment, competitive operating costs and the creative ingenuity of its people make it an attractive destination for businesses of all sizes to start up and scale up. Northern Ireland has huge potential for significant economic growth, so it’s great to see IceMOS secure this funding as a result of the Northern Ireland Investment Summit, leading to investment and job creation.”

    Dr. Caoimhe Archibald, Minister for the Economy, added: “IceMOS Technology’s multi-million funding success showcases the North’s strengths in advanced manufacturing and engineering. This investment highlights the confidence global investors have in the North and aligns with my vision to drive innovation, productivity, and technological advancement. The 2023 Investment Summit played a key role in showcasing the opportunities here and it’s encouraging to see significant outcomes like this. I look forward to seeing IceMOS continue to push the boundaries of semiconductor technology, creating high-value jobs in West Belfast and pioneering solutions in sectors from AI to renewable energy.”

    Bernard McGuire, Managing Director of 57 Stars LLC: “IceMOS’ new architecture for silicon semiconductors represents break-through technology for power management systems in high-growth sectors such as electric vehicles and data centers,” said Bernard McGuire, Managing Director of 57 Stars. “The hiring of industry veteran Niall Lyne both validates the strength and potential of its innovative products and enhances the management team to start scaling the business.” 57 Stars is the largest investor in this round of financing, having committed $7.5 million dollars. McGuire further commented: “Given the company sits squarely in our sustainability and technology focus sectors, 57 Stars invested in IceMOS out of multiple private equity funds we manage and are thrilled to be partnering with and supporting the Company at this pivotal moment for its growth and development.” 57 Stars was supported by EY on financial and tax due diligence, Tughans LLP and Purrington Moody Weil LLP on legal advisory, and SLR Consulting on environmental, health, and safety (EHS) due diligence assessment.

    Hugh Griffin, Chief Sales Officer (Eng Sub & Sensor Products) & Chief Strategy Officer, IceMOS Technology: “Building on our 2024 ‘Made in the UK, Sold to the World’ award, this investment will further strengthen our manufacturing excellence in Belfast, expand our global workforce, and deepen our export footprint—already serving hundreds of customers worldwide. As a leader in advanced semiconductor exports, we are poised to diversify markets, enhance R&D, and deliver cutting-edge solutions that solidify the UK’s position as a hub for high-tech innovation. Together with our investors and partners, we’re not just scaling operations; we’re powering a sustainable future.”

    About IceMOS Technology
    IceMOS is an equity-financed private Delaware semiconductor corporation and manufacturer of a new class of Silicon MEMS based Power MOSFETs and Sensing Device technology that serves wide-ranging applications anywhere that power efficiency and sensing matters. The company has a manufacturing center of excellence located in Belfast, Northern Ireland, an advanced research innovation center in Arizona, and a design center in Tokyo, Japan.

    Company and Media Contact:
    Brenda Monaghan
    Investor Relations
    IceMOS Technology
    Email: brendamonaghan@icemostech.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5c918f39-bf4f-4b25-989a-7aade69e17eb

    The MIL Network –

  • MIL-OSI: Anywhere365 drives the transformation of customer experience with AI, and unveils new identity: AnywhereNow

    Source: GlobeNewswire (MIL-OSI)

    London, UK 2 April 2025 – Anywhere365, a global pioneer in transforming customer experience with AI solutions, has unveiled its bold, new brand identity, AnywhereNow. Building on the company’s history, the new brand steps up into a faster paced identity, incorporating an urban theme that reflects a new sense of urgency, but still retains the company’s core values of innovation, accountability, customer-first approach and caring.  

    AnywhereNow’s AI solutions help contact centres deliver exceptional value through enhanced engagement, efficient workforce collaboration, AI-driven insights and a comprehensive omni-channel service. AnywhereNow will continue to build on its AI-first strategy, embedding Agentic AI into all phases of customer interaction, leveraging the power of Teams, Azure Communication Services, and the Microsoft ecosystem, as well as considerable integrations including SAP, Salesforce and ServiceNow. In addition, AnywhereNow’s Copilot-ready Deepdesk Agent Assist, powered by Azure OpenAI, helps agents decrease call handling times and improves customer experience.   

    Will Blench, CEO at AnywhereNow says, “Our vision remains constant: to enable every employee and every customer to be heard, understood and valued. Since launching the market’s first contact centre solution with native Microsoft Teams integration, we have proven our commitment to service excellence and gained the trust of more than 2000 global enterprises worldwide.”  

    “We now stand at the crossroads of three powerful market drivers: Hybrid work, Agentic AI and Cloud Communications, and are focused on helping our customers maximise their commercial advantage of those drivers,” adds Blench.  

    Acquisitions and New Innovation  

    AnywhereNow has a proven track record in successful M&A, most recently acquiring Deepdesk and Tendfor in 2024. The company continues to invest in innovation across its global hubs, offering a comprehensive set of AI-enabled products and services: 

    • Deepdesk: A powerful Agent Assist platform that helps contact centre agents solve problems quickly and easily. Now, through its Assistant Platform, companies can deploy Agentic AI to solve customer experience issues without human intervention. Deepdesk is growing fast and already has deep inroads into enterprise customers such as Rabobank and DHL.   
    • Dialogue Cloud: The flagship offering for Microsoft Teams customer experience, offering intuitive user experience (UX) and a deep array of CRM and AI integrations, easily configured with the Low-code solution, Dialogue Studio. Dialogue Cloud also offers Dialogue AI Assist, a fully integrated AI platform that seamlessly embeds AI-assistance capabilities into customer interactions.  
    • Tendfor: A leading provider of advanced cloud communication capabilities strengthens AnywhereNow’s leadership in the Microsoft Teams Phone ecosystem, providing a rich and easy-to-deploy experience.  
    • IQMessenger: The AnywhereNow critical messaging platform is a world leader in the Health and Industrial markets.  

    Partnerships  

    Partners are integral to AnywhereNow’s success, and it is committed to maintaining its global partnerships through its Global Partnership Programme. Over the next year, AnywhereNow will continue to empower partners with tailored onboarding, training and enablement to deliver the best contact centre solutions to its customers.   

    Looking ahead  

    In an era of rapid technological advancement and changing customer expectations, AnywhereNow will redefine how enterprises communicate and engage their customers.   

    About AnywhereNow  

    Founded in 2010, AnywhereNow is a Netherlands-headquartered and fast-growing provider of Customer Experience SaaS solutions. AnywhereNow empowers voice and digital dialogues for organisations worldwide and brings to life Agentic AI platforms for increased productivity and effectiveness. AnywhereNow’s products are award-winning, recognised by industry analysts, and trusted by over 2,000 global customers, including Rabobank, DHL, Emirates, KPMG, Swarovski, Mazda, Deloitte, Aldi, Vodafone and Zeiss. For more information, please visit Anywhere.now  

    Press Contact:  

    Destiny Gillbee for AnywhereNow   

    anywherenow@c8consulting.co.uk

    The MIL Network –

  • MIL-OSI: Municipality Finance issues SEK 1 billion tap under its MTN programme

    Source: GlobeNewswire (MIL-OSI)

    Municipality Finance Plc
    Stock exchange release
    2 April 2025 at 10:00 am (EEST)

    Municipality Finance issues SEK 1 billion tap under its MTN programme

    On 3 April 2025 Municipality Finance Plc issues a new tranche in an amount of SEK 1 billion to an existing series of notes issued on 21 February 2025. With the new tranche, the aggregate nominal amount of the notes is SEK 2.5 billion. The maturity date of the benchmark is 21 February 2028. The notes bear interest at a floating rate equal to 3-month Stibor plus 150 bps per annum. 

    The notes are issued under MuniFin’s EUR 50 billion programme for the issuance of debt instruments. The offering circular, the supplemental offering circular and the final terms of the notes are available in English on the company’s website at https://www.kuntarahoitus.fi/en/for-investors.

    MuniFin has applied for the notes to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The public trading is expected to commence on 3 April 2025. The existing notes in the series are admitted to trading on the Helsinki Stock Exchange.

    Danske Bank A/S act as the Dealer for the issue of the notes.

    MUNICIPALITY FINANCE PLC

    Further information:

    Joakim Holmström
    Executive Vice President, Capital Markets and Sustainability
    tel. +358 50 444 3638

    MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions. The owners of the company include Finnish municipalities, the public sector pension fund Keva and the State of Finland. The Group’s balance sheet is over EUR 53 billion.

    MuniFin’s customers include municipalities, joint municipal authorities, wellbeing services counties, joint county authorities, corporate entities under the control of the above-mentioned organisations, and affordable social housing. Lending is used for environmentally and socially responsible investment targets such as public transportation, sustainable buildings, hospitals and healthcare centres, schools and day care centres, and homes for people with special needs.

    MuniFin’s customers are domestic, but the company operates in a completely global business environment. The company is an active Finnish bond issuer in international capital markets and the first Finnish green and social bond issuer. The funding is exclusively guaranteed by the Municipal Guarantee Board.

    Read more: https://www.kuntarahoitus.fi/en/

    Important Information

    The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into any such country or jurisdiction or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, any securities or other financial instruments in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

    This communication does not constitute an offer of securities for sale in the United States. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

    The MIL Network –

  • MIL-OSI: Offentliggørelse af prospekt for Investeringsforeningen Nordea Invest

    Source: GlobeNewswire (MIL-OSI)

    Med virkning fra den 2. april 2025 offentliggøres prospekt for Investeringsforeningen Nordea Invest.

    Prospektet er opdateret som følger:

    • Genberegnede emissionstillæg og indløsningsfradrag for en række afdelinger, herunder andelsklasser
    • Valutarisiko tilføjet i afsnittet om risikoprofil

    Prospektet kan findes på https://www.nordeafunds.com/da/vores-fonde

    Med venlig hilsen
    Nordea Fund Management, filial af Nordea Funds Oy, Finland

    Rasmus Eske Bruun
    Filialbestyrer

    The MIL Network –

  • MIL-OSI: Akasha Launches Revolutionary Crypto Conversion Platform, Enabling Seamless Cross-Chain Transactions with Just Two Clicks

    Source: GlobeNewswire (MIL-OSI)

    ESCH-SUR-ALZETTE, Luxembourg, April 02, 2025 (GLOBE NEWSWIRE) — Akasha now provides seamless cross-chain trasactions with just 2 clicks.

    Why So Exciting, and What Does It Really Mean?

    – Simple to use (opens the door to ordinary non-tech folks)

    – No more headaches – stop getting blocked or confused with different crypto changing processes which don’t work together.. choose a smooth and interconnected experience. The Akasha experience.

    Fast, Affordable and Easy to use.

    — Akasha, a pioneering Layer Zero blockchain, has unveiled a groundbreaking platform designed to redefine the way we interact with blockchain ecosystems. Positioned as the fundamental crypto exchange platform for the decentralized future, Akasha allows applications to seamlessly transfer between different blockchain networks—enabling a truly interconnected experience with smooth transitions between various cryptos and blockchain ecosystems interoperability without the need for intermediaries. Change any crypto with one to two clicks.

    In a digital landscape increasingly fragmented by isolated blockchain ecosystems, Akasha serves as the connecting point that unites them, eliminating friction and limitations. By establishing a universal protocol for secure and verifiable cross-chain interactions, Akasha opens the door to a unified, scalable, and decentralized digital future.

    A Technological Revolution with Deep Philosophical Roots

    Akasha’s technological innovations go beyond mere blockchain integration. Inspired by ancient spiritual traditions, the platform takes its name from the concept of “Akasha”—the primordial ether that connects all of existence in the universe. In modern physics, this resonates with the idea of dark matter, the invisible yet vital force that binds galaxies together and shapes the structure of the cosmos.

    Much like dark matter’s unseen influence, Akasha’s blockchain infrastructure operates as an essential, invisible connective tissue, ensuring continuity, communication, and interaction across diverse, otherwise siloed networks. Just as dark matter permeates space and exerts influence on visible matter, Akasha provides the foundational layer for blockchain ecosystems to thrive.

    The Metaphysical Connection to a Decentralized Future

    Akasha represents more than just a technical solution—it embodies the principle of oneness in the digital age. Mirroring the cosmos itself, Akasha serves as the starting point where all things are unified, before branching into diverse expressions. This metaphysical quality positions Akasha as a point of connection that brings together not just technical ecosystems, but the very fabric of interconnected existence.

    This visionary blockchain platform is designed to bring about a new evolution in how decentralized applications, assets, and data interact. Rather than viewing blockchains as isolated entities, Akasha demonstrates that, like the universe, all blockchains are interconnected and ultimately one.

    A Unified, Scalable, and Decentralized Digital Landscape

    Akasha offers the solution to the limitations of existing blockchain networks. With its Layer Zero protocol, developers, businesses, and users alike can now unlock the true potential of interoperability. By enabling secure, direct interactions between blockchains, Akasha removes bottlenecks, reduces transaction costs, and facilitates unprecedented cross-chain applications.

    About Akasha

    Akasha is a revolutionary Layer Zero blockchain designed to be the connective tissue for decentralized ecosystems. It allows for seamless cross-chain communication and data transfer, ensuring secure and verifiable interactions across disparate blockchain networks.

    With its foundation in both cutting-edge technology and ancient philosophical principles, Akasha seeks to reshape the future of blockchain by embracing a vision of interconnected existence.

    Media Contact:
    Contact Person Name: Elena Sage
    Company Name: Akasha
    Email Address: info@Akasha.info
    Address: Esch-sur-Alzette, Luxembourg
    Website: https://akasha.info/

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d3494fb4-1906-4ad6-8df0-b92b50270e3a

    The MIL Network –

  • MIL-OSI: 300% Quarter-over-Quarter Increase in Crypto Stolen by Hackers, CertiK’s 2025 Q1 Hack3d Report Reveals

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) — CertiK, a leading blockchain security firm, released its Web3 security quarterly report, Hack3d, for Q1 2025. CertiK’s Hack3d reports provide the most comprehensive statistics and analysis of Web3 security.

    In this report, CertiK noted that hackers stole around $1.67 billion across 197 security incidents in Q1 this year, representing an approximate 303.38% increase in value lost compared to the previous quarter. It is important to note, however, that the vast majority of the total amount stolen stemmed from the Bybit exploit, which resulted in the loss of around $1.45 billion. As CertiK notes, the fallout from Bybit’s breach has since sent shockwaves throughout the Web3 industry, raising urgent questions about security measures at centralized exchanges.

    CertiK also reported that one of the most pressing concerns this quarter has been the rise in private key compromises (a sub-category of wallet compromises), which led to approximately $142 million stolen across 15 security incidents. Interestingly, while the total amount stolen due to phishing this quarter is substantially lower compared to private key compromises, the number of phishing incidents was higher than any other attack vector. Phishing accounted for nearly $16 million stolen across 81 incidents. These figures suggest that the individual impact of phishing attacks tends to be smaller in scale.

    CertiK explains in this report that attackers are continuing to leverage social engineering, artificial intelligence, contract manipulation, and other similar tactics to bypass even the most robust defenses. With increasing adoption and higher asset valuations, CertiK’s experts expect that the amount of assets stolen in cryptocurrency will unfortunately continue to rise.

    Additionally, CertiK’s Q1 2025 Hack3d report analyzes the blockchains with the most exploits, the top three incidents of the quarter, general industry developments, and how users and protocols can boost their security.

    Hack3d serves as an essential resource and record of statistics for understanding security challenges and vulnerabilities in the Web3 space. It equips stakeholders with the knowledge and insights needed to fortify their defenses and make informed decisions in an increasingly high-stakes environment.

    2025 Q1 Hack3d report link： https://indd.adobe.com/view/ebdc3abd-f08d-438c-9515-8e08736784f0

    Media Contact
    CertiK
    Elisa Xu
    yiting.xu@certik.com

    The MIL Network –

  • MIL-OSI: Nykredit extends the offer period concerning the recommended, voluntary public tender offer for Spar Nord Bank A/S until 24 April 2025 – Nykredit Realkredit A/S

    Source: GlobeNewswire (MIL-OSI)

    THIS ANNOUNCEMENT IS PUBLISHED PURSUANT TO SECTIONS 9(3)-(5) AND SECTION 21(3) OF EXECUTIVE ORDER NO. 636 OF 15 MAY 2020

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR TO ANY JURISDICTION WHERE DOING SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

    Publication of supplement concerning extension of offer period for Nykredit’s recommended, voluntary public tender offer for Spar Nord Bank A/S until 24 April 2025

    2 April 2025

    Nykredit extends the offer period concerning the recommended, voluntary public tender offer for Spar Nord Bank A/S until 24 April 2025

    In accordance with section 4(1) of the Danish Takeover Order1, Nykredit Realkredit A/S (“Nykredit”) announced on 10 December 2024 that Nykredit intended to submit a voluntary public tender offer (the “Offer”) to acquire all shares in Spar Nord Bank A/S (“Spar Nord Bank”), with the exception of Spar Nord Bank’s treasury shares, for a cash price of DKK 210 per share, valuing the aggregated issued share capital of Spar Nord Bank at DKK 24.7 billion.

    On 8 January 2025, Nykredit published the offer document regarding the Offer (the “Offer Document”), as approved by the Danish FSA in accordance with section 11 of the Danish Takeover Order. In the Offer Document, the offer period was set to expire on 19 February 2025 at 23:59 (CET) (the “Initial Offer Period”). The Initial Offer Period was subsequently extended to 20 March 2025, and on 19 March 2025, Nykredit published a supplement to the Offer Document, which extended the offer period to 3 April 2025 at 23:59 (CEST).

    Today, Nykredit published a supplement (the “Supplement”) to the Offer Document, which further extends the offer period for the Offer. The Supplement has been approved by the Danish FSA on 2 April 2025 in accordance with section 9(3)-(5) of the Danish Takeover Order. The Supplement should be read in conjunction with the Offer Document and the previous supplements as published on 18 February and 19 March 2025.

    With this Supplement, Nykredit further extends the offer period, such that the Offer will expire on 24 April 2025 at 23:59 (CEST). Subsequently, any reference to the “Offer Period” in the Offer Document or other documents relating to the Offer will refer to the period commencing on the day of publication of the Offer Document on 8 January 2025 and ending on 24 April 2025 at 23:59 (CEST) (the “Extended Offer Period”).

    The purpose of the extension is to provide Nykredit with time to obtain the approval from the Danish Competition and Consumer Authority required to complete the Offer. If the approval from the Danish Competition and Consumer Authority has not been granted by the expiry of the Extended Offer Period, Nykredit expects to extend the offer period further.

    The extension of the offer period entails that the expected completion of the Offer and settlement of the offer price to the Spar Nord Bank shareholders who have accepted the Offer will be extended correspondingly. Completion is subsequently expected to take place on 2 May 2025 (provided that the offer period is not extended further).

    This will result in an adjustment of the offer price in accordance with section 6.2 of the Offer Document, such that the offer price is increased by DKK 0.50 per share to DKK 210.50.

    The increase of the offer price affects all Spar Nord Bank shareholders who have already given their accept of the Offer and all Spar Nord Bank shareholders who accept the Offer following publication of the Supplement. Spar Nord Bank shareholders who have already accepted the Offer thus do not have to take further action.

    At the time of this announcement, Nykredit holds 32.79 per cent of the shares in Spar Nord Bank.

    In the supplement dated 19 March 2025 to the Offer Document, Nykredit announced that a preliminary compilation of the acceptances that Nykredit had information about showed that, including the irrevocable undertakings, acceptances corresponding to more than 46 per cent of the share capital of Spar Nord Bank had been submitted, and that Nykredit’s ownership interest in Spar Nord Bank, together with the irrevocable undertakings and the binding acceptances submitted that Nykredit had information about, totalled more than 80 per cent of the total share capital (excluding treasury shares) of Spar Nord Bank, indicating that the 67 per cent acceptance limit stated in the Offer has been reached.

    The final result of the Offer will be determined on expiry of the offer period and published in accordance with section 21(3) of the Danish Takeover Order.

    Nykredit intends to delist Spar Nord Bank from trading on Nasdaq Copenhagen and complete a compulsory acquisition of the remaining Spar Nord Bank shareholders, provided that Nykredit has obtained the necessary ownership interest, and the Offer has been completed. Spar Nord Bank shareholders who have opted not to accept the Offer, should expect that Nykredit, provided that the Offer is completed, will take steps to combine Nykredit Bank A/S and Spar Nord Bank, which will result in a further increase in Nykredit’s ownership interest in Spar Nord Bank. Not later than in continuation of the combination, Nykredit thus expects to hold a sufficient ownership interest to be able to delist Spar Nord Bank from trading on Nasdaq Copenhagen and complete a compulsory acquisition of the remaining Spar Nord Bank shareholders.

    The full terms and conditions of the Offer are contained in the Offer Document as amended by the Supplement. The Offer Document and the Supplement are published in the Danish FSA’s OAM database: https://oam.finanstilsynet.dk/ and can also, with certain restrictions, be accessed at https://www.nykredit.com/kobstilbud-spar-nord/ and https://www.sparnord.dk/investor-relations/overtagelsestilbud.

    About Spar Nord Bank

    Spar Nord Bank was founded in 1824 and is now a nationwide bank with 58 branches. Spar Nord Bank offers all types of financial services, consultancy and products, focusing its business on retail customers and primarily small and medium-sized enterprises (SMEs) in the local areas in which the bank is represented. The bank is also focused on leasing operations and large corporate customers, which are both business areas handled by the head offices.

    Spar Nord Bank has historically been rooted in northern Jutland and continues to be a market leader in this region. However, in the period from 2002 to 2024, Spar Nord Bank has established and acquired branches outside northern Jutland. Over the course of the years, the bank has adjusted its branch network in an ongoing process and now has a nationwide distribution network comprising 58 branches. These 58 branches are distributed on 32 banking areas, each of which is headed by a manager reporting directly to the bank’s executive board.

    The Spar Nord Bank Group consists of two earnings entities: Spar Nord Bank’s branches and the Trading Division. As an entity, the Trading Division serves customers from Spar Nord Bank’s branches as well as large retail customers and institutional clients in the field of equities, bonds, fixed income and forex products, asset management and international transactions. Finally, under the concept Sparxpres, the bank offers consumer loans to personal customers through Sparxpres’ platform as well as debt consolidation loans and consumer financing via retail stores and gift voucher solutions via shopping centres and city associations.

    About Nykredit

    Nykredit Realkredit A/S (“Nykredit”) is a public limited company incorporated under the laws of Denmark, company reg. (CVR) no. 12 71 92 80, having its registered office at Sundkrogsgade 25, 2150 Nordhavn, Denmark. Nykredit is a mortgage credit institution and, together with its wholly-owned subsidiary Totalkredit A/S, is a market leader of the Danish mortgage credit market with a market share of some 45.2 per cent. Nykredit offers mortgage financing for private individuals and businesses.

    Nykredit is part of the Nykredit Group, which historically dates back to 1851. In addition to carrying on mortgage credit business, the Group carries on banking business through Nykredit Bank – including banking and wealth management operations – and has a total of around 4,000 employees in Denmark.

    Nykredit is owned by an association of the Nykredit Group’s customers, Forenet Kredit. Forenet Kredit owns close to 80 per cent of Nykredit’s shares. Other major shareholders are five Danish pension funds: Akademikernes Pension AP Pension, PensionDanmark, PFA and PKA.

    Nykredit is known for the advantages offered through the association. Forenet Kredit makes capital contributions to the Nykredit Group when times are good, and Nykredit has decided to pass these on to its customers.

    Since, 2017, Forenet Kredit has paid over DKK 8 billion in capital contributions to the Nykredit Group, and in the period to 2027, Forenet Kredit has provided a further DKK 7 billion.

    Questions and further information

    Any questions concerning the Offer may be directed to:

    Nykredit Bank A/S

    Company reg. (CVR) no.: 10 51 96 08

    Sundkrogsgade 25

    2150 Nordhavn
    Denmark

    Telephone: +45 7010 9000

    and

    Carnegie Investment Bank

    Filial af Carnegie Investment Bank AB (publ), Sverige

    Company reg. (CVR) no. 35 52 12 67

    Overgaden Neden Vandet 9B

    1414 Copenhagen K
    Denmark

    E-mail: annette.hansen@carnegie.dk

    For further information about the Offer, please see: https://www.nykredit.com/kobstilbud-spar-nord/.

    This announcement and the Offer Document (with supplements) are not directed at shareholders of Spar Nord Bank A/S whose participation in the Offer would require the issuance of an offer document, registration or activities other than what is required under Danish law (and, in the case of shareholders in the United States of America, Section 14(e) of, and applicable provisions of Regulation 14E promulgated under, the US Securities Exchange Act of 1934, as amended). The Offer is not made and will not be made, directly or indirectly, to shareholders resident in any jurisdiction in which the submission of the Offer or acceptance thereof would be in contravention of the laws of such jurisdiction. Any person coming into possession of this announcement, the Offer Document or any other document containing a reference to the Offer is expected and assumed to independently obtain all necessary information about any applicable restrictions and to observe these.

    This announcement does not constitute an offer or an invitation to purchase securities or a solicitation of an offer to purchase securities in accordance with the Offer or otherwise. The Offer will be submitted only in the form of the Offer Document (with supplements) approved by the FSA, which sets out the full terms and conditions of the Offer, including information on how to accept the Offer. The shareholders of Spar Nord Bank are advised to read the Offer Document and any related documents as they contain important information.

    Restricted jurisdictions

    The Offer is not made, and acceptance of the Offer to tender Spar Nord Bank shares is not accepted, neither directly nor indirectly, in or from any jurisdiction in which the making or acceptance of the Offer would not be in compliance with the laws of such jurisdiction or would require any registration, approval or any other measures with any regulatory authority not expressly contemplated by the Offer Document (the “Restricted Jurisdictions”). Neither the United States nor the United Kingdom is a Restricted Jurisdiction.

    Restricted Jurisdictions include, but are not limited to: Australia, Canada, Hong Kong, Japan, New Zealand and South Africa.

    Persons obtaining documents or information relating to the Offer (including custodians, account holding institutions, nominees, trustees, representatives, fiduciaries or other intermediaries) should not distribute, communicate, transfer or send these in or into a Restricted Jurisdiction or use mail or any other means of communication in or into a Restricted Jurisdiction in connection with the Offer. Persons (including, but not limited to, custodians, custodian banks, nominees, trustees, representatives, fiduciaries or other intermediaries) intending to communicate this announcement, the Supplement, the Offer Document or any related document to any jurisdiction outside Denmark or the United States should inform themselves about these restrictions before taking any action. Any failure to comply with these restrictions may constitute a violation of the laws of such jurisdiction, including securities laws. It is the responsibility of all Persons obtaining this announcement, the Supplement, the Offer Document, earlier supplements, an acceptance form and/or other documents relating to the Offer, or into whose possession such documents otherwise come, to inform themselves about and observe all such restrictions.

    Nykredit is not responsible for ensuring that the distribution, dissemination or communication of this announcement, the Supplement or the Offer Document to shareholders outside Denmark, the United States and the United Kingdom is consistent with applicable law in any jurisdiction other than Denmark, the United States and the United Kingdom.

    Important Information for Shareholders in the United States

    The Offer concerns the shares in Spar Nord Bank, a public limited liability company incorporated and admitted to trading on a regulated market in Denmark, and is subject to the disclosure and procedural requirements of Danish law, including the Danish capital markets act and the Danish takeover order.

    The Offer is being made to shareholders in Spar Nord Bank in the United States in compliance with the applicable US tender offer rules under the U.S. Securities Exchange Act of 1934, as amended, (the “U.S. Exchange Act”), including Regulation 14E promulgated thereunder, subject to the relief available for a “Tier II” tender offer, and otherwise in accordance with the requirements of Danish law and practice

    Accordingly, US Spar Nord Bank shareholders should be aware that this announcement and any other documents regarding the Offer have been prepared in accordance with, and will be subject to, the disclosure and other procedural requirements, including with respect to withdrawal rights, the Offer timetable, settlement procedures and timing of payments of Danish law and practice, which may differ materially from those applicable under US domestic tender offer law and practice. In addition, the financial information contained in this announcement or the Offer Document has not been prepared in accordance with generally accepted accounting principles in the United States, or derived therefrom, and may therefore differ from, or not be comparable with, financial information of US companies.

    In accordance with the laws of, and practice in, Denmark and to the extent permitted by applicable law, including Rule 14e-5 under the U.S. Exchange Act, Nykredit, Nykredit’s affiliates or any nominees or brokers of the foregoing (acting as agents, or in a similar capacity, for Nykredit or any of its affiliates, as applicable) may from time to time, and other than pursuant to the Offer, directly or indirectly, purchase, or arrange to purchase, outside of the United States, shares in Spar Nord Bank or any securities that are convertible into, exchangeable for or exercisable for such shares in Spar Nord Bank before or during the period in which the Offer remains open for acceptance. These purchases may occur either in the open market at prevailing prices or in private transactions at negotiated prices. Any information about such purchases will be announced via Nasdaq Copenhagen and relevant electronic media if, and to the extent, such announcement is required under applicable law. To the extent information about such purchases or arrangements to purchase is made public in Denmark, such information will be disclosed by means of a press release or other means reasonably calculated to inform US shareholders of Spar Nord Bank of such information.

    In addition, subject to the applicable laws of Denmark and US securities laws, including Rule 14e-5 under the U.S. Exchange Act, the financial advisers to Nykredit or their respective affiliates may also engage in ordinary course trading activities in securities of Spar Nord Bank, which may include purchases or arrangements to purchase such securities.

    It may not be possible for US shareholders to effect service of process within the United States upon Spar Nord Bank, Nykredit or any of their respective affiliates, or their respective officers or directors, some or all of which may reside outside the United States, or to enforce against any of them judgments of the United States courts predicated upon the civil liability provisions of the federal securities laws of the United States or other US law. It may not be possible to bring an action against Nykredit, Spar Nord Bank and/or their respective officers or directors (as applicable) in a non-US court for violations of US laws. Further, it may not be possible to compel Nykredit and Spar Nord Bank or their respective affiliates, as applicable, to subject themselves to the judgment of a US court. In addition, it may be difficult to enforce in Denmark original actions, or actions for the enforcement of judgments of US courts, based on the civil liability provisions of the US federal securities laws.

    The Offer, if completed, may have consequences under US federal income tax and under applicable US state and local, as well as non-US, tax laws. Each shareholder of Spar Nord Bank is urged to consult its independent professional adviser immediately regarding the tax consequences of the Offer.

    NEITHER THE U.S. SECURITIES AND EXCHANGE COMMISSION NOR ANY SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY IN ANY STATE OF THE U.S. HAS APPROVED OR DECLINED TO APPROVE THE OFFER OR THIS ANNOUNCEMENT, PASSED UPON THE FAIRNESS OR MERITS OF THE OFFER OR PROVIDED AN OPINION AS TO THE ACCURACY OR COMPLETENESS OF THIS ANNOUNCEMENT OR ANY OFFER DOCUMENT. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENCE IN THE UNITED STATES.

    1 Executive Order no. 636 of 15 May 2020

    Attachments

    The MIL Network –

  • MIL-OSI: ICG Enterprise Trust executes secondary sale

    Source: GlobeNewswire (MIL-OSI)

    2 April 2025

    ICG Enterprise Trust executes secondary sale

    ICG Enterprise Trust (“ICGT”) is pleased to announce the sale of eight mature primary fund investments, generating net cash proceeds of £62 million.

    The sale was executed at a discount of 5.5% to the 30 September 2024 valuation, having received significant buyer interest. It realises a return of 1.6x invested cost (15% IRR) to ICGT, and releases undrawn commitments of £10m.

    The proceeds have been received and will be deployed into opportunities in line with ICGT’s investment objectives and capital allocation policy.

    Oliver Gardey and Colm Walsh, Portfolio Managers for ICG Enterprise Trust, commented:
    “This is the fourth time in the last five years that ICGT has executed a secondary sale of mature fund investments, as part of our active approach to managing our Portfolio and our focus on maximising shareholder returns.

    These eight primary fund investments, with vintage years ranging from 2014 to 2020, delivered good returns in aggregate for ICGT but we believe have limited future potential relative to other opportunities.

    This sale allows ICGT to take advantage of a strong pricing environment and enables us to redeploy this capital into opportunities that we believe will generate additional long-term value for our shareholders.”

    Enquiries

    Analyst / Investor enquiries:  
    Martin Li, Shareholder Relations, ICG +44 (0) 20 3545 2020
    Nathan Brown, Deutsche Numis +44 (0) 20 7260 1426
    David Harris, Cadarn Capital +44 (0) 20 7019 9042
    Media:  
    Clare Glynn, Corporate Communications, ICG +44 (0) 20 3545 1395
    Website:  
    www.icg-enterprise.co.uk  

    About ICG Enterprise Trust

    ICG Enterprise Trust is a leading listed private equity investor focused on creating long-term compounding growth by delivering consistently strong returns through selectively investing in profitable, cash-generative private companies, primarily in Europe and the US.

    We invest in companies directly as well as through funds managed by ICG and other leading managers who focus on creating long-term value and building sustainable growth through active management and strategic change.

    We have a long track record of delivering strong returns through a flexible mandate and highly selective approach that strikes the right balance between concentration and diversification, risk and reward.

    Disclaimer        

    This report may contain forward looking statements. These written materials are not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration under the US Securities Act of 1933, as amended, or an exemption therefrom. The issuer has not and does not intend to register any securities under the US Securities Act of 1933, as amended, and does not intend to offer any securities to the public in the United States. No money, securities or other consideration from any person inside the United States is being solicited and, if sent in response to the information contained in these written materials, will not be accepted.

    Although this investment does not amount to price sensitive material information, ICG Enterprise Trust is making this information public on an illustrative basis to aid with market understanding of our portfolio. Similar announcements may be made in respect of future non-material investments.

    The MIL Network –

  • MIL-OSI: Haffner Energy successfully achieves €7M Capital Increase through ABSA issuance with preferential subscription rights (PSR)

    Source: GlobeNewswire (MIL-OSI)

    Haffner Energy successfully achieves €7M Capital Increase through ABSA issuance with preferential subscription rights (PSR)

    Vitry-le-François, France – April 2, 2025, 08:00 am (CET) – Haffner Energy (ISIN: FR0014007ND6 – Ticker: ALHAF) (the “Company“) announces the success of its €6,995,496M cash Capital Increase with preferential subscription rights (the “PSR“) through the issuance of 17,488,744 New Shares with share subscription warrants (the “ABSA” or “Warrants”) (the “Capital Increase“). The free float share is extended to 24.75% of the capital. 

    Philippe Haffner, Co-Founder and Chief Executive Officer of Haffner Energy, said:

    “Thanks to the renewed support of many of our long-standing shareholders, whom we thank, and the arrival of new investors, this Operation reached our 7-million-euro target. This reflects the confirmed confidence in our value proposition and in the evolution in our positioning: well beyond hydrogen, our presence in four markets enables us not only to significantly broaden our addressable market and better diversify risks, but also to position ourselves on more immediate opportunities.

    This Capital Increase gives us a financing horizon of 12 months, sufficient to cover the ramp-up phase, irrespective of revenues from expected orders. This gives us the resources we need to roll out our roadmap and accelerate our development in our strategic markets, in particular by activating the full potential of our Marolles site.

    The transaction will also enable us to double the proportion of free float in the capital, while limiting the dilutive impact for shareholders who have not subscribed (28% to date).

    The Warrants (BSA) allocated on the occasion of the Capital Increase, exercisable from April 3, 2026, for a period of six months, are likely to generate up to 7 million euros in additional resources for Haffner Energy from April 2026. We are confident that the Company’s momentum will make the exercise of these warrants very attractive.

    We are convinced that the major differentiating factors we bring to the table, combined with our technological maturity, place us on a path of sustainable growth. With a sales pipeline of 1.55 billion euros, which translates into a weighted sale pipeline of 388 million euros, our objectives are to reach breakeven EBITDA by March 31, 2026. We also aim to position Haffner Energy as a leader in the global energy transition in its market segments, thanks to our unique expertise in creating value from biomass.”

    Results of the Capital Increase with PSR

    At the end of the subscription period ending March 28, 2025, the irreducible demand amounted to 10,253,133 shares, i.e. 58.63% of the ABSA to be issued; the reducible demand, served entirely, represented 4,657,094 ABSA, i.e. 26.63% of the ABSA to be issued. Finally, subscriptions on an unrestricted basis, served in full, amounted to 353,463 ABSA, i.e. 2.02% of the ABSA to be issued.

    As a result, and as specified in the press release announcing the launch of the Capital Increase, the institutional investors who had given a guarantee were partially called for a total number of shares corresponding to 2,225,054 ABSA, i.e. 12.72% of the ABSA to be issued, representing a total subscription amount of €890,020. Investors who had given a guarantee commitment were served up to 83.18%.

    The gross amount of the Capital Increase thus recorded by the Board of Directors at its April 1,  2025 meeting amounts to €6,995,496, including €699,549.60 in nominal value and €6,295,946.40 in issue premium, and results in the issuance of 17,488,744 ABSA, at a subscription price of €0.40 per share, including €0.10 in nominal value and €0.30 in issue premium.

    In addition, a total number of 17,488,744 Warrants (BSA) were issued, allowing the Company to raise, in the event of the exercise of all the Warrants, an additional amount of €6,995,498 between 04/04/2026 and 10/04/2026. The characteristics of the BSA are recalled below.

    The ABSA were issued in the context of the 7th resolution adopted at the Combined Shareholders’ Meeting of September 12, 2024, in accordance with the delegation of authority granted by the Company’s shareholders to proceed with a Capital Increase.

    Use of the funds

    This fundraising will allow the Company to finance its activities until the end of March 2026, excluding the effect of potential contract signatures expected during this period. This cash horizon also takes into account the cost reductions undertaken by the Company, which significantly cap the average monthly cash burn, excluding revenues and non-recurring expenses, under €600k to date (compared to €1M as indicated in the half-year results press release published on December 17, 2024).

    The cash runway also includes the receipt of innovation aid in the form of a loan (Innovation – Research and Development Loan) in the amount of €500k granted by Bpifrance (and received at the beginning of March 2025), relating to the project for a hydrogen production, testing and training center in Marolles, bringing the total public funding obtained for this project to €1.5M (cf. press release and November 22, 2024 media kit).

    Retention and Withholding Commitments

    In the context of the Capital Increase, HAFFNER PARTICIPATION and EUREFI, long-standing shareholders of the Company, holding directly and jointly 52.73% of the share capital and 59.69% of the voting rights before the Capital Increase, have entered into a 180-day lock-up commitment covering all the shares they hold prior to the Capital Increase, subject to the usual exceptions.

    Haffner Energy has committed not to issue new shares after the Capital Increase for 180 days, except for customary exceptions.

    BSA (« Warrants ») characteristics

    • Number of Warrants issued: 17,488,744 (i.e. one (1) Warrant per ABSA)
    • Exercise parity: 3 Warrants will allow the subscription to one (1) New Share, subject to legal adjustments
    • Subscription price of the New Shares upon exercise of the Warrants: €1.20
    • Listing of the Warrants: Yes (ISIN code FR001400Y4X9)
    • Maturity: 18 months from the date of issuance of the ABSA
    • Exercise period: from 04/04/2026 to 04/10/2026 inclusive

    Exercising all 17,488,744 warrants would ultimately represent a potential capital increase of €6,995,498 gross.

    Impact of the issue on shareholders’ position and voting rights

    Following the issuance of the ABSA, the Company’s share capital will consist of 62,182,201 shares with a nominal value of €0.1 each. It will be distributed as follows:

      Before Capital Increase After Capital Increase
      Number of Shares Capital % Voting Rights Exercisable Voting Rights % Number of Shares Capital % Voting Rights Exercisable Voting Rights %
    Haffner Participation 17 824 000 39,88% 35 648 000 45,15% 20 199 000 32,48% 38 023 000 39,42%
    Eurefi 5 741 600 12,85% 11 483 200 14,54% 8 311 600 13,37% 14 053 200 14,57%
    Concert sub-total 23 565 600 52,73% 47 131 200 59,69% 28 510 600 45,85% 52 076 200 53,99%
    Vicat 1 175 000 2,63% 1 175 000 1,49% 3 675 000 5,91% 3 675 000 3,81%
    Eren Industries 1 000 000 2,24% 2 000 000 2,53% 1 391 302 2,24% 2 391 302 2,48%
    Kouros 11 826 112 26,46% 21 920 542 27,76% 11 826 112 19,02% 21 920 542 22,73%
    HRS 1 000 000 2,24% 1 000 000 1,27% 1 000 000 1,61% 1 000 000 1,04%
    Free float 5 736 238 12,83% 5 736 238 7,26% 15 388 680 24,75% 15 388 680 15,95%
    Self-holding 390 507 0,87% – 0,00% 390 507 0,63% – 0,00%
    Total 44 693 457 100% 78 962 980 100% 62 182 201 100% 96 451 724 100%
      After Capital Increase After Warrants exercise
      Number of Shares Capital % Voting Rights Exercisable Voting Rights % Number of Shares Capital % Voting Rights Exercisable Voting Rights %
    Haffner Participation 20 199 000 32,48% 38 023 000 39,42% 20 990 666 30,86% 38 814 666 37,95%
    Eurefi 8 311 600 13,37% 14 053 200 14,57% 9 168 266 13,48% 14 909 866 14,58%
    Concert sub-total 28 510 600 45,85% 52 076 200 53,99% 30 158 932 44,34% 53 724 532 52,53%
    Vicat 3 675 000 5,91% 3 675 000 3,81% 4 508 333 6,63% 4 508 333 4,41%
    Eren Industries 1 391 302 2,24% 2 391 302 2,48% 1 521 736 2,24% 2 521 736 2,47%
    Kouros 11 826 112 19,02% 21 920 542 22,73% 11 826 112 17,39% 21 920 542 21,43%
    HRS 1 000 000 1,61% 1 000 000 1,04% 1 000 000 1,47% 1 000 000 0,98%
    Free float 15 388 680 24,75% 15 388 680 15,95% 18 606 160 27,36% 18 606 160 18,19%
    Self-holding 390 507 0,63% – 0,00% 390 507 0,57% – 0,00%
    Total 62 182 201 100% 96 451 724 100% 68 011 780 100% 102 281 303 100%

    The dilutive impact of the Capital Increase, as indicated in the press release, is shown below: 

    Shareholder’s Participation (%)
    Before ABSA issuance 1%
    After issuance of 17,488,744 ABSA through the Capital Increase 0.72%
    After issue of 17,488,744 ABSA through the Capital Increase and exercise of the 17,488,744 Warrants (5,829,581 Shares created) 0.66%

    Global Coordinator and Bookrunner

    Gilbert Dupont, Groupe Societé Générale, is acting as sole Global Coordinator and Bookrunner in connection with the Capital Increase (the ” Sole Global Coordinator and Bookrunner “).

    About Haffner Energy

    Haffner Energy is a French company providing solutions for the production of competitive clean fuels. With 32 years of experience converting biomass into renewable energies, it has developed innovative proprietary biomass thermolysis and gasification technologies to produce renewable gas, hydrogen and methanol, as well as Sustainable Aviation Fuel (SAF). The company also contributes to regenerating the planet, through the co-production of biogenic CO2 and biocarbon (or char/biochar). Haffner Energy is listed on Euronext Growth. (ISIN code: FR0014007ND6 – Ticker: ALHAF).

    Investor relations

    investisseurs@haffner-energy.com

    Media relations

    Attachment

    The MIL Network –

  • MIL-OSI: Bharti Airtel and Nokia expand core network collaboration to speed-up new 5G service delivery

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Bharti Airtel and Nokia expand core network collaboration to speed-up new 5G service delivery

    2 April 2025
    Espoo, Finland – Nokia and Bharti Airtel are expanding their partnership with the deployment of Nokia’s Packet Core appliance-based and Fixed Wireless Access solutions for providing a better network experience for Airtel’s growing 4G/5G customer base. The solution will help seamlessly integrate 5G and 4G technologies into a single set of servers. Nokia’s FWA will provide additional capacities for home broadband and enterprise-critical application services. Airtel will use Nokia’s automation framework to realise zero-touch service launch and efficient lifecycle management for core network functions to enhance its ability to deliver new services faster while reducing network operational costs.

    Using Nokia’s converged Packet Core solution for 5G standalone (SA) readiness, Airtel will continue its evolution toward advanced 5G and simplify its network architecture to meet the ever growing need of data while reducing network operational costs. This will help Airtel optimise its hardware footprint and reduce its cost per bit by utilising appliance-based Packet Core gateways, while maintaining the rest of the network elements in a cloud-native architecture.

    The rollout covers network automation in a multi-year deal that spans the majority of Airtel service regions across the country. The collaboration entails advancing autonomous networks by utilising GenAI for service orchestration and assurance.

    “Nokia’s innovative Packet Core deployment architecture enables critical changes to our network quality and reliability for meeting the fast-rising growth in customer data requirements. This rollout further demonstrates our longstanding success in jointly collaborating to strengthen the overall Airtel customer experience,” said Randeep Sekhon, CTO of Airtel.

    “Nokia and Airtel have a long-standing partnership and we are pleased to bolster its 5G SA readiness. Airtel’s use of Nokia’s Packet Core to build greater network agility and reliability demonstrates how we are both helping customers solve problems and furthering Nokia’s leadership position in the Core space, in India and around the world,” said Raghav Sahgal, President of Cloud and Network Services at Nokia.

    Nokia’s solution provides a pre-integrated and modular server-based configuration for increased flexibility to support a wider range of business and operational deployment models. This allows Airtel to better target new customers and create new revenue streams.

    Nokia’s Packet Core solution for Fixed Wireless Access enables additional capacity for home broadband and enterprise-critical application services for the delivery of extreme bandwidth and capacity to customers.

    Nokia has an expansive core footprint in Bharti Airtel’s network and already provides several other core technologies including VoLTE (Voice over LTE), HSS (Home Subscriber Server), HLR (Home Location Register), UDM (Unified Data Management) and VoNR (Voice over New Radio), along with MANO (automated Management & Orchestration).

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

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

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

    About Bharti Airtel Limited
    Headquartered in India, Airtel is a global communications solutions provider with over 550 million customers in 15 countries across India and Africa. The company also has its presence in Bangladesh and Sri Lanka though its associate entities. The company ranks amongst the top three mobile operators globally and its networks cover over two billion people. Airtel is India’s largest integrated communications solutions provider and the second largest mobile operator in Africa. Airtel’s retail portfolio includes high-speed 4G/5G mobile broadband, Airtel Xstream Fiber that promises speeds up to 1 Gbps with convergence across linear and on-demand entertainment, streaming services spanning music and video, digital payments and financial services. For enterprise customers, Airtel offers a gamut of solutions that includes secure connectivity, cloud and data centre services, cyber security, IoT, Ad Tech and cloud based communication. Within our diversified portfolio, we offer passive infrastructure services through our subsidiary Indus Tower Ltd. For more details visit www.airtel.com

    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: 2024 Annual Report and Accounts and 2025 Notice of Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    LEI: 213800ZBKL9BHSL2K459

    2 April 2025

    OSB GROUP PLC
    (the Company)

    2024 Annual Report and Accounts and 2025 Notice of Annual General Meeting

    In accordance with Listing Rule 6.4.1R the Company has submitted today the Annual Report and Accounts for the year ended 31 December 2024 and the 2025 Notice of Annual General Meeting (AGM) and Form of Proxy to the National Storage Mechanism, and it will be available for inspection shortly in unedited full text at:

    https://data.fca.org.uk/#/nsm/nationalstoragemechanism

    The Annual Report and Accounts for the year ended 31 December 2024 can be viewed on the Company’s website at https://www.osb.co.uk/investors/results-reports-presentations and 2025 Notice of Annual General Meeting can be viewed on the Company’s website at https://www.osb.co.uk/investors/shareholder-services/agm-information

    The AGM will be held at 90 Whitfield Street, Fitzrovia, London W1T 4EZ on Thursday, 8 May 2025 at 11.00am.

    Enquiries:

    Dionne Mortley-Forde t: 01634 848 944
    Group Head of Governance & Secretariat  
       
    Investor relations  
    Alastair Pate
    Group Head of Investor Relations
    Email: osbrelations@osb.co.uk    		 t: 01634 838973
       
    Brunswick  
    Robin Wrench / Simone Selzer t: 020 7404 5959

    Notes to Editors

    About OSB GROUP PLC

    OSB began trading as a bank on 1 February 2011 and was admitted to the main market of the London Stock Exchange in June 2014 (OSB.L). OSB joined the FTSE 250 index in June 2015. On 4 October 2019, OSB acquired Charter Court Financial Services Group plc and its subsidiary businesses. On 30 November 2020, OSB GROUP PLC became the listed entity and holding company for the OSB Group. The Group provides specialist lending and retail savings and is authorised by the Prudential Regulation Authority, part of the Bank of England, and regulated by the Financial Conduct Authority and Prudential Regulation Authority. The Group reports under two segments, OneSavings Bank and Charter Court Financial Services.

    The MIL Network –

  • MIL-OSI: CREDIT AGRICOLE SA: The European Central Bank authorizes Credit Agricole S.A. to increase Banco BPM stake to 19.9%

    Source: GlobeNewswire (MIL-OSI)

    Press release

    Montrouge, April 2nd , 2025

    The European Central Bank authorizes Credit Agricole S.A.
    to increase Banco BPM stake to 19.9%

    Further to the press release of December 6, 2024, Crédit Agricole S.A. informs that:

    • On April 1st, the European Central Bank authorized Crédit Agricole S.A. – under the qualifying holding regime – to cross the 10% threshold in the share capital of Banco BPM S.p.A. (“Banco BPM”) and, therefore, to hold a stake up to 19.9%.
    • During Q4-24 and Q1-25, Crédit Agricole S.A entered into additional instruments relating to Banco BPM shares and has now a position through derivatives reaching 9.9% of Banco BPM’s share capital.
    • Crédit Agricole S.A intends to exercise its right to physical delivery of all Banco BPM shares underlying the position of derivatives1; as a result, Crédit Agricole S.A will hold 19.8% of Banco BPM’s share capital.

    As stated in the press release of December 6, 2024, the increase of its stake is consistent with Crédit Agricole’s strategy as a long-term investor and partner of Banco BPM.

    Crédit Agricole S.A. does not intend to launch a public offer for the capital of Banco BPM.

    Consequently,

    • In Q1 2025, the increased position in derivatives relating to Banco BPM’s share capital has a limited impact on Crédit Agricole S.A CET1 ratio.
    • In Q2 2025, the CET1 ratio of Crédit Agricole S.A will be impacted by c.-20 bps, resulting both from the increased stake in Banco BPM and from the impact linked to the crossing of the exemption threshold applicable to the deduction of significant equity investments in the financial sector.

    CRÉDIT AGRICOLE INVESTOR RELATIONS 

    Cécile Mouton  + 33 1 57 72 86 79  cecile.mouton@credit-agricole-sa.fr
    Institutional Shareholders  + 33 1 43 23 04 31  investor.relations@credit-agricole-sa.fr 
    Individual Shareholders  + 33 8 00 00 07 77  relation@actionnaires.credit-agricole.com 
         

    CRÉDIT AGRICOLE S.A. PRESS CONTACTS 

    1 Once it receives the last needed authorization from Bank of Italy.

    Attachment

    The MIL Network –

  • MIL-OSI: BW Energy: granted extension to the Golfinho licence production phase to 2042 by ANP  

    Source: GlobeNewswire (MIL-OSI)

    BW Energy granted extension to the Golfinho licence production phase to 2042 by ANP  

    BW Energy is pleased to announce the extension of the Golfinho licence by Brazilian oil and gas regulator ANP. The production phase under the Golfinho concession contract has been extended to 2042 from previously 2031, following ANP’s approval of the Company’s field development plan in November 2024.   

    “The extension supports our long-term plans for developing the Golfinho field, initially through improved operational performance of existing infrastructure and later targeting several proven low risk in-field development opportunities. We see a significant potential for long-term value creation at Golfinho” said Carl K. Arnet, the CEO of BW Energy. 

    BW Energy is the operator with 100% working interest in the Golfinho licence following the August 2023 acquisition of the Golfinho and Camarupim Clusters. It is located in the Espírito Santo Basin with water depths between 1,300 and 2,200 metres. Hydrocarbons are produced to the FPSO Cidade de Vitória, which BW Energy acquired and has operated since November 2023. The field has been producing since 2007.  

    For further information, please contact:

    Brice Morlot, CFO BW Energy, +33.7.81.11.41.16 

    ir@bwenergy.com  

    About BW Energy:  

    BW Energy is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments. The Company has access to existing production facilities to reduce time to first oil and cashflow with lower investments than traditional offshore developments. The Company’s assets are 73.5% of the producing Dussafu Marine licence offshore Gabon, 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in the BM-ES-23 block, a 95% interest in the Maromba field in Brazil, a 95% interest in the Kudu field in Namibia, all operated by BW Energy. In addition, BW Energy holds approximately 6.6% of the common shares in Reconnaissance Energy Africa Ltd. and a 20% non-operating interest in the onshore Petroleum Exploration License 73 (“PEL 73”) in Namibia. Total net 2P+2C reserves and resources were 599 million barrels of oil equivalent at the start of 2025. 

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

    The MIL Network –

  • MIL-OSI: Subsidiary of EfTEN Real Estate Fund AS acquired a registered immovable for construction of the Nõmme Südamekodu elderly care home

    Source: GlobeNewswire (MIL-OSI)

    On 31.03.2025, EfTEN Hiiu OÜ finalized the transaction by which the subsidiary of the fund acquired the property located at Hiiu 42, Tallinn from the Südamekodu AS.
    Previously (20.02.2025), the fund has notified the stock exchange of the conclusion of a contract of sale under the law of obligations. All the agreed preconditions for the transfer of ownership and the conclusion of a real right contract have as of now been met.
    The North Estonia Medical Centre will continue to use the part of the property under a valid lease agreement. For the remaining part, a long-term (10 + 10 years) lease agreement was signed with Hiiu Südamekodu OÜ, a subsidiary of Südamekodud AS. In cooperation with the lessee and Südamekodud AS, the building will be partially rebuilt into an elderly care home “Nõmme Südamekodu”, which will accommodate up to 170 Südamekodu clients in the future.

    Viljar Arakas
    Member of the Management Board
    Tel. 655 9515
    Email: viljar.arakas@eften.ee

    The MIL Network –

  • MIL-OSI: Whop Levels Up with Iman Gadzhi as Co-Owner and Investor

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) — Whop, the all-in-one digital marketplace for creators and entrepreneurs, has welcomed serial entrepreneur and investor Iman Gadzhi as a co-owner, and strategic partner. Iman’s extensive experience in digital education and content-driven business growth will accelerate Whop’s mission to empower the next generation of online creators.

    Iman Gadzhi joins Whop as a co-owner, bringing his expertise in digital business, online education, and content-driven growth. Whop is set to process over $1Bn in payments annually with creators earning an average of $8,413 per month.

    As a co-owner, Iman will take a hands-on role in expanding Whop’s reach, bringing his suite of digital products onto the platform and working closely with the team to scale operations. With millions of followers and a proven track record in digital business, his addition marks a significant milestone in Whop’s journey to becoming the leading marketplace for monetizable skills, software, and communities.

    By investing in Whop, Iman joins legendary investor Peter Thiel, as well as The Chainsmokers and Insight Partners, further cementing Whop’s position as a powerhouse in the digital commerce space.

    Whop is already at the forefront of digital commerce, set to process over $1Bn in payments annually and offering a platform where creators can sell everything from SaaS tools and online courses to exclusive communities and digital downloads. The average creator on Whop leverages the platform’s built-in analytics, secure transactions, and flexible payment options.

    With its robust ecosystem of tools, seamless payment processing, and a rapidly growing network of top-tier creators, Whop is redefining what’s possible in the digital marketplace. The addition of Iman Gadzhi signals a new era of growth and innovation for the platform and its community of entrepreneurs.

    About Iman Gadzhi:

    Iman Gadzhi is a serial entrepreneur, investor and founder of Educate an online learning platform and BIG DAY, a lifestyle brand. As an early adopter of ‘personal branding’, Iman shares his business journey to millions of followers across YouTube, Instagram and TikTok. An advocate for universal education, Iman has a strong philanthropic record, funding the construction of multiple schools in Nepal.

    About Whop:

    Whop is the all-in-one digital marketplace empowering creators and entrepreneurs to sell their expertise, products, and services online. Founded by Steven Schwartz, Cameron Zoub, and Jack Sharkey in 2021, Whop enables users to monetize everything from online courses and SaaS tools to exclusive communities and digital products. Backed by top investors such as Peter Thiel, The Chainsmokers, and Insight Partners, and set to process over $1Bn in sales, Whop is redefining digital commerce by making it easier than ever to start, scale, and succeed in the online economy.

    Whop’s mission is to create the ultimate one-stop marketplace for digital products, communities, and services, giving entrepreneurs, creators, and businesses the tools they need to monetize their expertise, scale their brands, and thrive in the evolving digital economy.

    For media enquiries:

    Company Name: Educate.io
    Media Contact: Ciaran Anderson
    Email: ciaran@educate.io
    Website: https://educate.io/
    Source: Educate

    Disclaimer: This press release is provided by the Whop. 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 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. 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. 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/6b71b530-f1ca-4880-bb90-46cf30a2df7b

    https://www.globenewswire.com/NewsRoom/AttachmentNg/19403d01-bf4b-47fc-aae3-47e12a81806d

    The MIL Network –

  • MIL-OSI: CLIK Announces Pricing of $8.28 Million Public Offering of Ordinary Shares

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, April 01, 2025 (GLOBE NEWSWIRE) — Click Holdings Limited (NASDAQ: CLIK) (“Click” or the “Company”), a provider of human resources (“HR”) solutions in Hong Kong specializing in Seniors Nursing Care, Logistics, and Professional HR services, today announced the pricing of its public offering of 13,800,000 ordinary shares at a public offering price of $0.6 per ordinary share.

    Gross proceeds, before deducting placement agent fees and other offering expenses, are expected to be approximately $8.28 million. The offering is expected to close on April 2, 2025, subject to customary closing conditions.

    Pacific Century Securities LLC and Revere Securities LLC acted as co-placement agents in connection with this offering.

    The securities described above were offered pursuant to a registration statement on Form F-1, as amended (File No. 333-285922) (the “Registration Statement”), which was declared effective by the Securities and Exchange Commission (the “SEC”) on March 31, 2025. The offering was being made only by means of a prospectus which is a part of the Registration Statement. A final prospectus relating to the offering will be filed with the SEC. Copies may be obtained from Pacific Century Securities LLC, 60-20 Woodside Avenue Ste 211Queens, NY 11377 (+1)212-970-8868 and from Revere Securities LLC, 560 Lexington Ave 16th floor, New York, NY 10022, at +1 (212) 688-2350.

    This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

    About Click Holdings Limited

    Click Holdings Limited is a holding company incorporated in the British Virgin Islands, and all of its operations are carried out by its operating subsidiaries in Hong Kong, JFY Corporate Services Company Limited and Click Services Limited. The Company is a human resources solutions provider, specializing in offering comprehensive human resources solutions in three principal sectors, namely (i) professional solution services, (ii) nursing solution services, and (iii) logistics and other solution services. The Company provides services to a broad range of customers including Certified Public Accountant firms, charitable organizations, non-governmental organizations, small and medium-sized businesses and Hong Kong listed companies.

    Safe Harbor Statement

    This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to satisfy the closing conditions related to the offering, our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.

    Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.

    For enquiry, please contact:

    Click Holdings Limited
    Unit 709, 7/F., Ocean Centre
    5 Canton Road
    Tsim Sha Tsui, Kowloon
    Hong Kong
    Email: jack.wong@jfy.hk
    Phone: +852 2691 8900

    The MIL Network –

  • MIL-OSI: Avenix Fzco Introduces Avexbot: Data-Driven Precision for Forex Traders

    Source: GlobeNewswire (MIL-OSI)

    LIMASSOL, CYPRUS, April 01, 2025 (GLOBE NEWSWIRE) — Avenix Fzco announces the launch of Avexbot, an advanced algorithmic trading system leveraging high-quality tick data to enhance forex trading accuracy. ​In 2025, the trading world is buzzing about the importance of top-notch data, the quality of your data can make all the difference between success and failure. There’s a growing trend towards using top-notch data processing to supercharge trading strategies. Avexbot, developed by Avenix Fzco, is leading the charge by seamlessly integrating high-quality data into its algorithmic framework, giving traders a real edge in the competitive forex market.

    Why Quality Data Matters More Than Ever

    Good trading is all about timing and accuracy. But in fast-moving markets, relying on outdated or poor-quality data can skew analysis and lead to missed or misjudged trades. That’s why dependable, high-resolution tick data is essential. It enables trading systems to track market behavior with more clarity and accuracy, turning raw numbers into real insight.

    Foundations Built on Precision

    Avexbot has been built and refined using 100% quality tick data from Tick Data Suite (Thinkberry SRL). This long-term, high-resolution dataset gives Avexbot the foundation to interpret market conditions accurately, shape its strategies around reliable inputs, and minimize false signals or missed setups.

    Practical Features for Informed Decisions

    Avexbot’s design puts this data to work with a feature set geared toward clear, disciplined trading:

    • Candlestick-Based Momentum Mapping: Avexbot calculates average candlestick values over specific periods based on its examination of daily chart data. This methodology serves as the foundation for identifying market trends and determining opportune moments to enter trades. ​
    • Built for GBP/USD on M15: Focused on one of the most traded currency pairs, it balances opportunity and control with a 15-minute timeframe.
    • Intelligent Risk Management: Includes automatic stop-loss settings and real-time position sizing adjustments, adapting to shifting market conditions to protect capital.

    What’s Next for Algorithmic Trading

    With algorithmic trading expected to grow from $19.95 billion in 2024 to over $22 billion in 2025, quality data and adaptable infrastructure are fast becoming the new standard. Traders using systems built on strong data foundations will be better equipped to handle volatility and evolve with the market.

    Avexbot reflects this movement, where clean data meets careful execution. It’s not about chasing trends, but about building a trading system that holds up over time.

    About Avexbot

    Avexbot is dedicated to providing innovative trading solutions, combining advanced algorithms with expert market insights to enhance forex trading efficiency. Designed for both novice and experienced traders, its expert advisors (EAs) streamline decision-making and maximize profitability. Learn more at https://avexbot.com/.

    Media contact

    Brand: Avexbot

    Contact: PR team

    Email: support@avexbot.com

    Website: https://avexbot.com/

    The MIL Network –

  • MIL-OSI: Sizzle Acquisition Corp. II Announces the Pricing of $200,000,000 Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    Each Unit Includes One Class A Ordinary Share and
    One Share Right to Receive 1/10th of a Class A Ordinary Share

    New York, NY, April 01, 2025 (GLOBE NEWSWIRE) — Sizzle Acquisition Corp. II (the “Company”) announced today the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units are expected to be listed on the Nasdaq Global Market (“Nasdaq”) and begin trading tomorrow, April 2, 2025, under the ticker symbol “SZZLU.” Each unit consists of one Class A ordinary share and one right (the “Share Right”) to receive one tenth (1/10) of one Class A ordinary share upon the consummation of an initial business combination. An amount equal to $10.00 per unit will be deposited into a trust account upon the closing of the offering. Once the securities constituting the units begin separate trading, the Class A ordinary shares and Share Rights are expected to be listed on Nasdaq under the symbols “SZZL” and “SZZLR,” respectively. The offering is expected to close on April 3, 2025, subject to customary closing conditions. The Company has granted the underwriters a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments, if any.

    The Company is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an acquisition opportunity in any business or industry or at any stage of its corporate evolution. The Company’s primary focus, however, will be on the industries of restaurant, hospitality, food and beverage, retail, consumer, food and food related technology, real estate industries such as “proptech”, mining, professional sports teams, airlines and technology. The Company intends to pursue completing a business combination with an established business of scale poised for continued growth, led by a highly regarded management team.

    The Company’s management team is led by Steve Salis, its Chief Executive Officer and Chairman of the Board of Directors (the “Board”), Jamie Karson, its Non-Executive Vice-Chairman of the Board and Daniel Lee, its Chief Financial Officer and Head of Business and Corporate Development. The Board also includes Neil Leibman, Warren Thompson and David Perlin.

    Cantor Fitzgerald & Co. is acting as sole book-running manager for the offering.

    The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Avenue, 5th Floor New York, New York 10022, or by email at prospectus@cantor.com.

    A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission (“SEC”) and became effective on April 1, 2025. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    Forward-Looking Statements

    This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds will be used as indicated.

    Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the SEC. Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

    Company Contact:

    Sizzle Acquisition Corp. II
    Sheena Lajoie
    sl@sizzlespac.com

    The MIL Network –

  • MIL-OSI: Tenaris Files 2024 Annual Report / Annual Report on Form 20-F, and Convenes the Annual General Meeting of Shareholders and an Extraordinary General Meeting of Shareholders

    Source: GlobeNewswire (MIL-OSI)

    LUXEMBOURG, April 01, 2025 (GLOBE NEWSWIRE) — Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) filed today its 2024 Annual Report / Annual Report on Form 20-F, with the Luxembourg Stock Exchange, with the U.S. Securities and Exchange Commission (SEC), and with the other securities regulators of the markets where its securities are listed. The 2024 Annual Report (which includes the consolidated management report containing the financial and non-financial information (or sustainability statement) required by applicable law; the related management certifications on the consolidated financial statements as of and for the year ended 31st December 2024, and on the annual accounts as at 31st December 2024; and the external auditors’ reports on such consolidated financial statements, annual accounts and sustainability statement) may be downloaded from the Luxembourg Stock Exchange’s website at www.bourse.lu/regulated-information-oam, and the Annual Report on Form 20-F may be downloaded from the SEC’s website at www.sec.gov; and are available on Tenaris’s website at ir.tenaris.com.

    Holders of Tenaris’s shares and ADSs, and any other interested parties, may request a hard copy of any of these reports, free of charge, through our website at ir.tenaris.com/tools/printed-materials.  

    In addition, on April 4, 2025, Tenaris will convene its Annual General Meeting of Shareholders to be held on May 6, 2025, at 10:00 (Central European time), and an Extraordinary General Meeting of Shareholders to be held immediately after the adjournment of the Annual General Meeting of Shareholders. The convening notice (which includes the agendas for the meetings and the procedures for attending and/or voting at the meetings) will be published in such newspapers and filed with the regulators, as required by applicable law, and will be available on the Luxembourg Stock Exchange’s website at www.bourse.lu/regulated-information-oam, the SEC’s website at www.sec.gov, and Tenaris’s website at ir.tenaris.com.

    The following documents will also be available on Tenaris’s website at ir.tenaris.com upon publication of the convening notice:

    • information on Tenaris’s total number of shares and voting rights as of the date of the convening notice;
    • the Shareholder Meeting Brochure and Proxy Statement (which contains procedures for attending and/or voting at the meetings, and reports on each item of the meeting agendas and draft resolutions proposed to be adopted at the meetings);
    • the 2024 Annual Report;
    • the 2024 Compensation Report;
    • the board of directors report in connection with the proposed waiver of, suppression of, and authorization to suppress or limit, pre-emptive subscription rights by the existing shareholders;
    • the proposed amendments to the articles of association, and
    • the forms required for purposes of attending and/or voting at the meetings.

    Copies of these documents will also be available, free of charge, at Tenaris’s registered office in Luxembourg, between 10:00 and 17:00 (Central European time). In addition, shareholders registered in the share register may request electronic copies of such documents, free of charge, to investors@tenaris.com.

    Tenaris is a leading global supplier of steel tubes and related services for the world’s energy industry and certain other industrial applications.

    Giovanni Sardagna
    Tenaris
    1-888-300-5432
    www.tenaris.com

    The MIL Network –

  • MIL-OSI: Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios as of March 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, April 01, 2025 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of March 31, 2025.

    As of March 31, 2025, the Company’s net assets were $2.5 billion, and its net asset value per share was $14.64. As of March 31, 2025, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 639% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 486%.

     STATEMENT OF ASSETS AND LIABILITIES
    MARCH 31, 2025   // (UNAUDITED)
        (in millions)
    Investments   $ 3,447.3  
    Cash and cash equivalents     17.2  
    Accrued income     2.5  
    Other assets     1.1  
    Total assets     3,468.1  
         
    Credit facility     78.0  
    Notes     409.7  
    Unamortized notes issuance costs     (2.6 )
    Preferred stock     153.6  
    Unamortized preferred stock issuance costs     (1.2 )
    Total leverage     637.5  
         
    Other liabilities     8.6  
    Current tax liability, net     1.8  
    Deferred tax liability, net     344.3  
    Total liabilities     354.7  
         
    Net assets   $ 2,475.9  
     

    The Company had 169,126,038 common shares outstanding as of March 31, 2025.

    Long-term investments were comprised of Midstream Energy Companies (95%), Utility Companies (2%) and Other (3%).  

    The Company’s ten largest holdings by issuer at March 31, 2025 were:

            Amount
    (in millions)
    		 % Long Term
    Investments
    1. The Williams Companies, Inc. (Midstream Energy Company)   $361.5   10.5 %
    2. Enterprise Products Partners L.P. (Midstream Energy Company)     353.6   10.3 %
    3. Energy Transfer LP (Midstream Energy Company)     345.7   10.0 %
    4. MPLX LP (Midstream Energy Company)     329.7   9.6 %
    5. Cheniere Energy, Inc. (Midstream Energy Company)     265.2   7.7 %
    6. Kinder Morgan, Inc. (Midstream Energy Company)     223.1   6.5 %
    7. Targa Resources Corp. (Midstream Energy Company)     203.0   5.9 %
    8. ONEOK, Inc. (Midstream Energy Company)     201.6   5.8 %
    9. TC Energy Corporation (Midstream Energy Company)     159.1   4.6 %
    10. Western Midstream Partners, LP (Midstream Energy Company)     150.5   4.4 %

    Portfolio holdings are subject to change without notice. The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security. You can obtain a complete listing of holdings by viewing the Company’s most recent quarterly or annual report.

    Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE. The Company’s investment objective is to provide a high after-tax total return with an emphasis on making cash distributions to stockholders. KYN intends to achieve this objective by investing at least 80% of its total assets in securities of Energy Infrastructure Companies. See Glossary of Key Terms in the Company’s most recent quarterly report for a description of these investment categories and the meaning of capitalized terms.

    This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of any securities in any jurisdiction in which such offer or sale is not permitted. Nothing contained in this press release is intended to recommend any investment policy or investment strategy or consider any investor’s specific objectives or circumstances. Before investing, please consult with your investment, tax, or legal adviser regarding your individual circumstances.

    CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This communication contains statements reflecting assumptions, expectations, projections, intentions, or beliefs about future events. These and other statements not relating strictly to historical or current facts constitute forward-looking statements as defined under the U.S. federal securities laws. Forward-looking statements involve a variety of risks and uncertainties. These risks include but are not limited to changes in economic and political conditions; regulatory and legal changes; energy industry risk; leverage risk; valuation risk; interest rate risk; tax risk; and other risks discussed in detail in the Company’s filings with the SEC, available at www.kaynefunds.com or www.sec.gov. Actual events could differ materially from these statements or our present expectations or projections. You should not place undue reliance on these forward-looking statements, which speak only as of the date they are made. Kayne Anderson undertakes no obligation to publicly update or revise any forward-looking statements made herein. There is no assurance that the Company’s investment objectives will be attained.

    Contact investor relations at 877-657-3863 or cef@kayneanderson.com.

    The MIL Network –

  • MIL-OSI: NowVertical Reports Record 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    Company Hosting Investor Webinar on April 2, 2025, at 10:00 AM EST

    • Q4 2024 revenue was $10.9 million, up 94% Y/Y excluding recent divestitures
    • On a reported basis, Q4 2024 revenue increased 8% Y/Y
    • Q4 2024 Net Income was $0.6 million, up 115% Y/Y excluding recent divestitures
    • On a reported basis, Q4 2024 Net Income increased by 116% Y/Y
    • Q4 2024 Adjusted EBITDA was $2.6 million, up 225% Y/Y
    • 2024 FY Cash flows from operations were $2.8 million

    TORONTO, April 01, 2025 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSX-V: NOW) (“NOW” or the “Company”), a leader in AI-driven data solutions, announces audited financial results for its fourth fiscal quarter ended December 31, 2024. Unless otherwise specified, all dollar amounts are expressed in U.S. dollars. Management will host an investor webinar at 10:00 AM EST (7:00 AM PST) on Wednesday April 2, 2025, to discuss the Company’s financial and business results.

    Selected Financial Highlights for the Three Months Ended December 31, 2024:

    • Revenue was $10.9 million in the three months ended December 31, 2024 (“Q4 2024”), an 8% increase from $10.1 million for the three months ending December 31, 2023 (“Q4 2023”). Excluding the disposition of Allegient Defense, Inc. (“Allegient”) on May 24, 2024, and Seafront Analytics, LLC (“Seafront”) on December 31, 2023, Q4 2023 revenue was $5.6 million, translating to a year-over-year growth of 94%.
    • Gross Profit was $5.7 million in Q4 2024, consistent with $5.7 million in Q4 2023. Excluding the Allegient and Seafront businesses, Q4 2023 gross profit was $4.1 million, translating to a year-over year increase of 37%.
    • Administrative Expenses were $3.0 million in Q4 2024, a 52% decrease from $6.1 million in Q4 2023. Excluding the Allegient and Seafront businesses, Q4 2023 administrative expenses were $5.0 million, translating to a year-over-year decrease of 40%.
    • Adjusted EBITDA was $2.6 million in Q4 2024, a 225% increase from $0.8 million in Q4 2023. Excluding the Allegient and Seafront businesses, Adjusted EBITDA was $0.5 million in Q4 2023, translating to a year-over-year increase of 420%.
    • Net Income was $0.6 million in Q4 2024, an 116% increase from a $3.6 million net loss in Q4 2023. Excluding the Allegient and Seafront businesses, Q4 2023 had a Net Loss of $3.9 million, translating to a year-over-year net income growth of $4.5 million. Net income per basic and diluted share of $0.01 in Q4 2024, compared to a net loss per share of $0.05 in Q4 2023.

    Select results for the year ended December 31, 2024:

    • Revenue was $46.9 million in the year ended December 31, 2024, (“FY 2024”), a 9% decrease from $51.7 million in the year ended December 31, 2023 (“FY 2023”). Excluding the dispositions of Allegient, Seafront and the Affinio Social (“Affinio Social”) business which was divested on May 10, 2023, revenue was $39.4 million in FY 2024 and $32.5 million in FY 2023, translating to a year-over-year growth of 21%.
    • Gross Profit was $23.1 million in FY 2024, a 10% decrease from $25.7 million in FY 2023. Excluding the Allegient, Seafront and Affinio Social businesses, gross profit was $20.5 million in FY 2024 and $18.9 million in FY 2023, translating to a year-over year increase of 9%.
    • Administrative Expenses were $18.1 million in FY 2024, a 30% decrease from $25.8 million in FY 2023. Excluding the Allegient, Seafront and Affinio Social businesses, administrative expenses were $16.2 million in FY 2024 and $20.2 million in FY 2023, translating to a year-over-year decrease of 20%.
    • Adjusted EBITDA was $7.8 million in FY 2024, a 46% increase from $5.4 million in FY 2023. Excluding the Allegient, Seafront and Affinio Social businesses, Adjusted EBITDA was $7.2 million in FY 2024 and $4.0 million in FY 2023, translating to a year-over-year increase of 77%.
    • Net Income was $1.6 million in FY 2024, an 116% increase from a $5.9 million Net Loss in FY 2023. Excluding the Allegient, Seafront and Affinio Social businesses, Net Income was $1.0 million in FY 20024 and a $4.9 million Net Loss in FY 2023, translating to a year-over-year increase of 115%. Net income per basic and diluted share of $0.02 in FY 2024, compared to a net loss per share of $0.08 in FY 2023.
    • Cash flows from operations were $2.8 million in FY 2024, an $8.2 million increase from cash flows used in operations of $5.4 million in FY 2023.

    “NOW has delivered its strongest quarter to date, demonstrating the power of our focused strategy and disciplined execution. Q4 2024 Adjusted EBITDA of $2.6 million, up from $2.0 million in Q3 2024, indicates our integration strategy and efficiency-focused measures are yielding results. Outstanding credit goes to our operator-first leadership team, who have executed this at a faster pace than anticipated,” said Sandeep Mendiratta, CEO of NOW. “We have renegotiated acquisition liabilities, leading to meaningful cash savings and a more favorable payment schedule, reducing total acquisition-related liabilities by an estimated $5.4 million. Most importantly, this business has been completely turned around—we are now profitable, generating credible EBITDA, and have demonstrated robust organic growth despite a year of transformation. With a strong, ambitious, and deeply invested management team in place, we are confident in steering NOW toward meaningful and sustained growth in the coming quarters and years. Our fourth quarter has demonstrably put us on the path to achieving our objective of $10 million in annual EBITDA on $50 million in revenue, with a best-in-class 20% EBITDA margin. We believe we now have a platform for sustained organic revenue growth, with strong margins across our core markets. We look forward to discussing these points and more on our third-quarter investor call.”

    Q4 2024 and Subsequent Business Highlights:

    • March 03, 2025: The Company announced its participation in the exclusive, invite-only ROTH Conference, which convenes leading institutional investors and high-growth companies across a range of sectors
    • February 20, 2025: Converted CAD$3.025 million in historical obligations from debt to equity through the issuance of 9,168,418 Class A subordinate voting shares.
    • February 3, 2025: The sellers of Affinio Inc. agreed to defer the payment of $998,000 in outstanding liabilities previously due in the first half of 2025. The amount will now be payable in late Q4 2025.
    • January 16, 2025: Achieves prestigious Google Premier Partner Status in LATAM, solidifying Its leadership in Data and AI Solutions.
    • January 14, 2025: Executive management team have acquired approximately 1.06 million Class A subordinate voting shares in the open market. Following these purchases, management’s pro forma ownership is expected to increase to approximately 27%.
    • January 13, 2025: The Chief Executive Officer and Director of the Company opted to receive his annual bonus in the form of restricted share units in the Company.
    • January 02, 2025: The Company announced that it has entered into a debt settlement agreement with the former owners of Acrotrend Solutions Ltd., including NOW’s CEO, Sandeep Mendiratta, who agreed to settle $815,000 of the $1,055,000 owed to them as of December 31, 2024, through the issuance of Class A subordinate voting shares of the Company.
    • December 23, 2024: The Company announced that is has entered into a debt settlement with the former owners of CoreBI S.A. and CoreBI S.A.S., who agreed to settle an aggregate entitlement of $1,250,000 owed to them through the issuance of 5,432,954 Class A subordinate voting shares of the Company.
    • December 17, 2024: Announced the launch of its AI Financial Agent as part of the latest update to NowHub-Finance, an end-to-end analytics platform for finance teams. This AI-driven upgrade enhances NOW’s commitment to rapidly transforming data into business value.
    • November 26, 2024:   Announced the formation of a Strategic Partnership with Microsoft and the launch of a Global Center of Excellence, aimed at fostering innovation and accelerating growth.
    • October 29, 2024: Introduced a Data Risk Mitigation solution and unique risk guarantee, empowering enterprises to uncover, mitigate, and control hidden data risks across complex data environments.
    • October 8, 2024: Unveiled an evolved Partner Marketing Solution tailored to help clients navigate the growing complexities of managing partner ecosystems.

    Q4 2024 Financial Results Investor Webinar:

    The Company invites shareholders, analysts, investors, media representatives, and other stakeholders to attend our upcoming webinar. Management will discuss Q4 2024 results, followed by a question-and-answer session.

    Investor Webinar Registration:

    Time: Wednesday, April 2, 2025, 10:00 AM in Eastern Time (US and Canada) 

    RegistrationLink: 
    https://us02web.zoom.us/webinar/register/WN_cEmYLTHBTLqtoK_qDtxqsw 

    A recording of the webinar and supporting materials will be made available in the investor’s section of the Company’s website at https://www.nowvertical.com/news-and-media.

    Additional Information:

    The Company’s audited annual 2024 consolidated financial statements, notes to financial statements, and management’s discussion and analysis for the three and twelve months ended December 31, 2024, are available on the Company’s SEDAR+ profile at www.sedarplus.com. Unless otherwise indicated, all references to “$” in this press release refer to US dollars, and all references to “CAD$” in this press release refer to Canadian dollars.

    About NowVertical Group Inc.

    The Company is a data analytics and AI solutions company offering comprehensive solutions, software and services. As a global provider, we deliver cutting-edge data, technology, and artificial intelligence (AI) applications to private and public enterprises. Our solutions form the bedrock of modern enterprises, converting data investments into business solutions. NOW is growing organically and through strategic acquisitions. For further details about NOW, please visit www.nowvertical.com.

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

    For further information, please contact:

    Andre Garber, CDO 
     IR@nowvertical.com 
    +1(647)947-0223 

    Cautionary Note Regarding Non-IFRS Measures:

    This news release refers to certain non-IFRS measures. These measures are not recognized measures under IFRS, do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement those IFRS measures by providing further understanding of the Company’s results of operations from management’s perspective. The Company’s definitions of non-IFRS measures used in this news release may not be the same as the definitions for such measures used by other companies in their reporting. Non-IFRS measures have limitations as analytical tools and should not be considered in isolation nor as a substitute for analysis of the Company’s financial information reported under IFRS. The Company uses non IFRS financial measures including “EBITDA”, and “Adjusted EBITDA”. These non-IFRS measures are used to provide investors with supplemental measures of our operating performance and to eliminate items that have less bearing on our operational performance or operating conditions and thus highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS measures. The Company believes that securities analysts, investors and other interested parties frequently use non-IFRS financial measures in the evaluation of issuers. The Company’s management also uses non-IFRS financial measures to facilitate operating performance comparisons from period to period and prepare annual budgets and forecasts.

    Non-IFRS Measures:

    The non-IFRS financial measures referred to in this news release are defined below. The management discussion and analysis for the year ended December 31, 2024, available at nowvertical.com and on SEDAR+ at www.sedarplus.com contains supporting calculations for Adjusted Revenue, EBITDA % and Adjusted EBITDA

    “Adjusted EBITDA” adjusts net income (loss) before depreciation and amortization expenses, net interest costs, and provision for income taxes for revenue adjustments in “Adjusted Revenue” and items such as acquisition accounting adjustments, transaction expenses related to acquisitions, transactional gains or losses on assets, asset impairment charges, non-recurring expense items, non-cash stock compensation costs, and the full year impact of cost synergies related to restructuring activities, such as a reduction of employees.

    “EBITDA %” is defined as Adjusted EBITDA as a percentage of Adjusted Revenue.

    “Adjusted Revenue” adjusts revenue to eliminate the effects of acquisition accounting on the Company’s revenues, which predominantly pertain to fair market value adjustments to the opening deferred revenue balances of acquired companies.

    Cautionary note regarding Forward-Looking Statements

    This news release may contain forward-looking statements and forward-looking information (within the meaning of applicable securities laws) which reflect the Company’s current expectations regarding future events. All statements in this news release that are not purely historical statements of fact are forward-looking statements and include statements regarding beliefs, plans, expectations, future, strategy, objectives, goals and targets. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements can generally be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance, or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements are not guarantees of future performance and undue reliance should not be placed thereon, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.

    All of the forward-looking statement contained in this press release are qualified by the foregoing cautionary statements, and there can be no guarantee that the results or developments that we anticipate will be realized or, even if substantially realized, that they will have the expected consequences or effects on our business, financial condition or results of operation. Unless otherwise noted or the context otherwise indicates, the forward -looking statements contained herein are provided as of the date hereof, and the Company does not intend, and does not assume any obligation, to update the forward-looking statements except as otherwise required by applicable law.

    The MIL Network –

  • MIL-OSI: Business First Bancshares, Inc. Announces First Quarter 2025 Earnings Release Date and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    BATON ROUGE, La., April 01, 2025 (GLOBE NEWSWIRE) — Business First Bancshares, Inc. (Nasdaq: BFST), the parent company of b1BANK, is scheduled to release first quarter 2025 earnings after market close on Thursday, April 24, 2025. Executive management will host a conference call and webcast to discuss results on the same day (Thursday, April 24, 2025) at 4:00 p.m. CST.

    Interested parties may attend the call by dialing toll-free 1-800-715-9871 (North America only), conference ID 8825623, or asking for the Business First Bancshares conference call.

    The live webcast can be found at https://edge.media-server.com/mmc/p/ziae6qsd. On the day of the presentation, the corresponding slide presentation will be available to view on the b1BANK website at https://www.b1bank.com/shareholder-info.

    About Business First Bancshares, Inc.

    Business First Bancshares, Inc., (Nasdaq: BFST) through its banking subsidiary b1BANK, has $7.9 billion in assets, $6.9 billion in assets under management through b1BANK’s affiliate Smith Shellnut Wilson, LLC (SSW) (excludes $0.9 billion of b1BANK assets managed by SSW) and operates Banking Centers and Loan Production Offices in markets across Louisiana and Texas providing commercial and personal banking products and services. b1BANK is a 2024 Mastercard “Innovation Award” winner and multiyear winner of American Banker Magazine’s “Best Banks to Work For.” Visit b1BANK.com for more information.

    Media Contact: Misty Albrecht  
    b1BANK  
    225.286.7879  
    Misty.Albrecht@b1BANK.com  
       
    Investor Relations Contact:  
    Gregory Robertson Matt Sealy
    337.721.2701 225.388.6116
    Gregory.Robertson@b1BANK.com Matt.Sealy@b1BANK.com

    The MIL Network –

  • MIL-OSI: Partners Value Investments Completes Amalgamation

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, April 01, 2025 (GLOBE NEWSWIRE) — Partners Value Investments L.P. (TSXV: PVF.UN, TSXV: PVF.PR.U) (the “Partnership”) and Partners Value Investments Inc. (TSXV: PVF.WT) (“PVII”) today announced the successful completion of a short form vertical amalgamation under the Business Corporations Act (Ontario) between PVII and Partners IV Inc., a wholly-owned subsidiary of PVII (the “Amalgamation”).

    As a result of the Amalgamation, 5,640,600 non-voting exchangeable shares of PVII (the “Exchangeable Shares”) that were previously held by Partners IV were cancelled. Additionally, in connection with the Amalgamation, an aggregate of 2,749,429 Exchangeable Shares were issued to former holders of non-voting common shares in the capital of Partners IV.

    The PVII Board and the board of trustees of PVMT have each appointed Cyrus Madon as Chief Executive Officer of PVII and PVMT. Following completion of the Amalgamation, subject to TSX Venture Exchange acceptance, Aleks Novakovic, Paul Farrell and Don MacKenzie will be joining the board of directors of PVII (the “PVII Board”), replacing Frank Lochan, Gregory Morrison and Ralph Zarboni who are each retiring from the PVII Board. Additionally, following completion of the Amalgamation, subject to TSX Venture Exchange acceptance, Frank Lochan and Gregory Morrison will also step down as trustees of PVI Management Trust (“PVMT”), the general partner of the Partnership, and be replaced with Don MacKenzie and Paul Farrell as trustees of PVMT.

    “We would like to express our sincere gratitude to each of Frank, Ralph, and Greg for their service and for their numerous contributions to the group’s success,” said Brian Lawson, chair of the PVII Board.

    Additional Information

    For additional information, please contact Investor Relations at ir@pvii.ca or 416-643-7621.

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

    The MIL Network –

  • MIL-OSI: Petrus Resources Declares Monthly Dividend for April 2025

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, April 01, 2025 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to confirm that its Board of Directors has declared a monthly dividend in the amount of $0.01 per share payable April 30, 2025, to shareholders of record on April 15, 2025. The dividend is designated as an eligible dividend for Canadian income tax purposes.

    Dividend Reinvestment Plan (“DRIP”)
    Petrus’ DRIP enables eligible shareholders to reinvest all or part of their cash dividends into additional common shares of the Company. Participation in the DRIP is optional. Eligible shareholders who elect to reinvest their cash dividends under the DRIP will receive common shares issued from treasury at a discount of 3% from the market price of the common shares.

    To participate in the DRIP, registered shareholders must deliver a properly completed enrollment form to Odyssey Trust Company (“Odyssey”) before 4:00 p.m. (Calgary time) on the 5th business day immediately preceding a dividend record date. Beneficial shareholders who wish to participate in the DRIP should contact their broker or other nominee through which their Common Shares are held to determine their eligibility and provide appropriate enrollment instructions. Participation by shareholders that are not resident in Canada may be restricted.

    A complete copy of the DRIP is available on the Company’s website at www.petrusresources.com and on Odyssey’s website at https://odysseytrust.com/faq/. A copy of the enrollment form for use by registered shareholders is available on Odyssey’s website at https://odysseytrust.com/faq/. For further information regarding the DRIP, please contact Odyssey at 1-888-290-1175 (Toll free in North America) or 1-587-885-0960.

    ABOUT PETRUS
    Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta.

    FOR FURTHER INFORMATION PLEASE CONTACT:
    Ken Gray
    President and Chief Executive Officer
    T: 403-930-0889
    E: kgray@petrusresources.com

    The MIL Network –

  • MIL-OSI: CNL STRATEGIC CAPITAL ANNOUNCES OPERATING RESULTS FOR YEAR-END 2024

    Source: GlobeNewswire (MIL-OSI)

    Orlando, Fla., April 01, 2025 (GLOBE NEWSWIRE) — CNL Strategic Capital, LLC (“CNL Strategic Capital,” the “Company” or “we”) seeks to provide current income and long-term appreciation to investors by acquiring controlling equity stakes in combination with loan positions in privately owned middle-market businesses. The Company announced its operating results for the year ended Dec. 31, 2024.

    Highlights:

    • As of Dec. 31, 2024, CNL Strategic Capital’s portfolio consisted of equity and debt investments in 16 portfolio companies and approximately $1.3 billion in total assets, compared with 13 portfolio companies and approximately $1.0 billion in total assets as of Dec. 31, 2023.
    • For the year ended Dec. 31, 2024, the Company recognized a net change in unrealized appreciation on investments, including unrealized foreign currency gain of approximately $88.7 million and had total investment income of approximately $71.7 million. That compares with a net change in unrealized appreciation on investments of $41.7 million and total investment income of approximately $59.5 million in 2023.
    • The cumulative total investment return based on net asset value (NAV) since inception and through Dec. 31, 2024, was approximately 105.5% for Class FA shares, 89.5% for Class A shares, 77.2% for Class T shares, 79.8% for Class D shares, 91.1% for Class I shares and 73.5% for Class S shares.1 These returns are prior to any applicable sales load and assume shareholders reinvested their distributions.  
    • For the year ended Dec. 31, 2024, CNL Strategic Capital received approximately $237.5 million in net offering proceeds, including approximately $18.1 million received through the distribution reinvestment plan. Since beginning operations in February 2018 through March 24, 2025, CNL Strategic Capital has raised approximately $1.2 billion, including $49.8 million received through the distribution reinvestment plan.

    Cash distributions declared net of distributions reinvested during the periods presented were funded from the following sources (in thousands):

      Year Ended Dec. 31,
      2024   2023
      Amount   % of Cash Distributions Declared Net of Distributions Reinvested   Amount   % of Cash Distributions Declared Net of Distributions Reinvested
    Net investment income before reimbursement of expense support (reimbursement) $ 21,065     106.6  %   $ 23,110      133.5   %
    Expense Support (reimbursement)   20     0.1        (644)       (3.7)   
    Net investment income $   21,085      106.7 %   $ 22,466     129.8 %
    Cash distributions declared, net of distributions reinvested2 $ 19,754     100.0  %   $ 17,304      100.0  %

    Sources of declared distributions on a GAAP basis (in thousands):

      Year Ended Dec. 31,
      2024   2023
      Amount   % of Distributions Declared   Amount   % of Distributions Declared
    Net investment income3 $ 21,085     55.6  %   $ 22,466      74.7   %
    Distributions in excess of net investment income4                         16,814       44.4                        7,597     25.3   
    Total distributions declared $ 37,899        100.0  %   $ 30,063      100.0  %

    Total investment return based on net asset value (NAV) after total return incentive fees per share for the year ended Dec. 31, 20241:

    Class FA Class A Class T Class D Class I Class S
    11.20% 10.23% 9.32% 9.91% 9.93% 11.20%

    (These returns are prior to any applicable sales load and assume shareholders reinvested their distributions. These are not actual shareholder returns. Actual returns may vary materially.)

    Cumulative total investment return based on NAV after sales fees since inception through Dec. 31, 20241:

    Class FA
    (2/7/18-12/31/24)    		 Class A
    (4/10/18-12/31/24)    		 Class T
    (5/25/18-12/31/24)    		 Class D
    (6/26/18-12/31/24)    		 Class I
    (4/10/18-12/31/24)    		 Class S
    (3/31/20-12/31/24)
    105.5% 89.5% 77.2% 79.8% 91.1% 73.5%

    (These returns are prior to any applicable sales load and assume shareholders reinvested their distributions. These are not actual shareholder returns. Actual returns may vary materially.)

    1This is not shareholder returns. Total investment return is calculated for each share class as the change in the net asset value for such share class during the period and assuming all distributions are reinvested. Amounts are not annualized and are not representative of total return as calculated for purposes of the total return incentive fee. Since there is no public market for the Company’s shares, terminal market value per share is assumed to be equal to net asset value per share on the last day of the period presented. The Company’s performance changes over time and currently may be different than that shown above. Past performance is no guarantee of future results. Investment performance is presented without regard to sales load that may be incurred by shareholders in the purchase of the Company’s shares. For the period from the date the first share was issued for each respective share class through Dec. 31, 2024. 2Excludes $18,145 and $12,759 of distributions reinvested pursuant to the Company’s distribution reinvestment plan during the year ended Dec. 31, 2024 and 2023, respectively. 3Net investment income includes expense support (reimbursement) of $20 and $(644) for the years ended Dec. 31, 2024, and 2023, respectively. 4Consists of distributions made from offering proceeds for the periods presented.

    About CNL Strategic Capital
    CNL Strategic Capital is a publicly registered, non-traded limited liability Company that seeks to provide current income and long-term appreciation to individuals by acquiring controlling equity stakes in combination with loan positions in durable and growing middle-market businesses. The Company is externally managed by CNL Strategic Capital Management, LLC and Levine Leichtman Strategic Capital, LLC (LLSC). For additional information, please visit cnlstrategiccapital.com.

    About CNL Financial Group
    CNL Financial Group (CNL) is a leading private investment management firm providing alternative investment opportunities. Since inception in 1973, CNL and/or its affiliates have formed or acquired companies with more than $36 billion in assets. CNL is headquartered in Orlando, Florida. For more information, visit cnl.com.

    About Levine Leichtman Strategic Capital
    LLSC is an affiliate of Levine Leichtman Capital Partners, LLC (LLCP), a middle-market private equity firm with a 40-year track record of investing across various targeted sectors, including Franchising & Multi-unit, Business Services, Education & Training and Engineered Products & Manufacturing. LLCP utilizes a differentiated Structured Private Equity investment strategy, combining debt and equity capital investments in portfolio companies. LLCP believes that by investing in a combination of debt and equity securities, it offers management teams growth capital in a highly tailored, flexible investment structure that can be a more attractive alternative than traditional private equity.

    LLCP’s global team of dedicated investment professionals is led by ten partners who have worked at LLCP for an average of 20 years. Since inception, LLCP has managed approximately $15.6 billion of institutional capital across 15 investment funds and has invested in over 100 portfolio companies. LLCP currently manages $10 billion of assets and has offices in Los Angeles, New York, Chicago, Miami, London, Amsterdam, Stockholm, and Frankfurt. For additional information, please visit llcp.com.

    The information in this press release may include “forward-looking statements.” These statements are based on the beliefs and assumptions of CNL Strategic Capital’s management and on the information currently available to management at the time of such statements. Forward-looking statements generally can be identified by the words “believes,” “expects,” “intends,” “plans,” “estimates” or similar expressions that indicate future events. Forward-looking statements are subject to substantial risks and uncertainties, many of which are difficult to predict and are generally beyond CNL Strategic Capital’s control. Important risks, uncertainties and factors that could cause actual results to differ materially from those in the forward-looking statements include the risks associated with the Company’s ability to pay distributions and the sources of such distribution payments, the Company’s ability to locate and make suitable investments and other risks described in the “Risk Factors” section of the Company’s Annual Report on Form 10-K and the other documents filed by the Company with the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities.

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    The MIL Network –