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Category: GlobeNewswire

  • MIL-OSI: U.S. Commercial Drone Market Size Estimated to Reach a Value of $ 31 Billion By End of 2034

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., Oct. 31, 2024 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The commercial drone industry is witnessing rapid growth and transforming various sectors such as agriculture, delivery and logistics, and energy among others. Advancements in drone technologies have led to increased demand and utilization in industries such as filming, emergency response, construction, and real estate. Additionally, drone software solution providers and manufacturers are continuously innovating and upgrading their offerings to cater to diverse market needs. As governments establish regulatory frameworks, the integration of drones into industries is expected to accelerate. This, in turn, is likely to create lucrative opportunities for market expansion over the forecast period. A report from Grand View Research projected that the U.S. commercial drone market size is expected to grow at a compound annual growth rate (CAGR) of 9.1% through 2030. The report said: “Furthermore, favorable legislations and rising use of commercial drones by authorities in the U.S. is expected to attract various industries to utilize drones for different processes. Similarly, government authorities across the region are constantly working on framing new regulations for the commercial applications of drones. This is attributed to increased focus on the adoption of commercial drones due to their economic potential, while prioritizing the safety and security of the country. This, in turn, is anticipated to drive the U.S. commercial drone market growth over the forecast period.”   Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), AeroVironment, Inc. (NASDAQ: AVAV), Draganfly Inc. (NASDAQ: DPRO), Red Cat Holdings, Inc. (NASDAQ: RCAT), Safe Pro Group Inc. (NASDAQ: SPAI).

    Fact.MR continued: “In addition, surveyors and engineers use drones to visualize the progress made in their construction projects by taking overhead images. Having a project overview leads to simplification of decision-making, thereby streamlining building site operations. Drones are now being used for several applications, ranging from surveillance, deployment in military operations, video recording, agriculture, and film & television. With this rise in drone applications, key players in the United States market are incorporating advanced technologies in drones. Increasing drone payload capacity and introducing drones for specific applications are anticipated to promote the profits of drone manufacturers. Furthermore, leading companies are also making drones with high-power motors. Home deliveries through drones have now become a reality with the help of retail and logistics organizations such as Amazon.”

    ZenaTech Inc.’s (NASDAQ:ZENA) ZenaDrone Completes the First Phase of an IQ Nano Inventory Management Trial for Multinational Auto Parts Customer – ZenaTech, a technology company specializing in AI (Artificial Intelligence) drone solutions and enterprise SaaS (Software-as-a-Service) solutions, today announced that its subsidiary, ZenaDrone, has successfully completed the first phase of drone testing and 3D mapping, and is beginning the next phase of production of a paid trial for a multinational auto parts manufacturer. This production phase consists of flying automatic and fully autonomous flights of the IQ Nano drone in an inventory management application.

    Testing took place over several months at ZenaDrone’s production facility in Sharjah, United Arab Emirates (UAE) to ensure the smooth operation of the inventory scanning application. The 3D mapping took place just recently at the customer’s site consisting of scanning and mapping the warehouse area to create a 3D map that automates the drone flight path and its operations while in production.

    View video showing the IQ Nano in test flight here.

    The production phase is set to begin imminently and will consist of the IQ Nano flying and reading product and component bar codes, collecting information for verification and integration with the customer’s inventory management and accounting systems.

    “We look forward to the production phase and concluding a successful trial, proving the viability of the IQ Nano and enabling us to deliver our product to our customer. A successful trial also opens the potential to win additional business with this customer and to verifiably demonstrate IQ Nano’s utility for the benefit of attracting additional market interest. The revolutionary use of an indoor drone for productivity and cost savings value can be implemented across hundreds of warehouse facilities, turning a week-long activity like counting inventory into a day,” said CEO Shaun Passley, Ph.D. – Get the full details by visiting: https://www.financialnewsmedia.com/news-zena/

    Additional Groundbreaking ZenaTech Inc. Developments this week include:

    ZenaTech Enters the Drone Sensor and Components Market Establishing a New Taiwan Subsidiary to Win More US Defense Contracts for Its AI Drones – ZenaTech also announced it will establish a new company in Taiwan to manufacture drone sensors and components for use in the drone products produced by its subsidiary ZenaDrone. The new company, named Spider Vision Sensors Ltd., will ensure ZenaDrone’s products are compliant with the US National Defense Authorization Act (NDAA), an important requirement for the company to win more business with the US Military.

    Spider Vision Sensors Ltd. will manufacture drone sensors, electronics, and components such LiDAR (Light Detection and Ranging), thermal, infrared, multi-spectral and hyper sensors, cameras, and PBCs (Printed Circuit Boards). Having in-house manufactured sensors and components will enable ZenaDrone to have a steady supply to fulfill customer orders and drone production needs at its Sharjah, UAE, and future Arizona-based drone manufacturing facilities. Taiwan was selected due to its size and skills as an electronics hub, and the availability of low-cost alternative components versus those from China. The new company is currently at the prototype stage, and the manufacturing facility is expected to be open in November.

    “Establishing a drone sensor and components manufacturer in Taiwan will help bring our products to market faster and removes dependencies on any Chinese made electronics. This will position us to win more US military contracts via achieving Green UAS (Uncrewed Arial Systems) and Blue UAS certifications as an approved supplier,” said CEO Shaun Passley, Ph.D.    Read this full release at:      https://finance.yahoo.com/news/zenatech-enters-drone-sensor-components-113000155.html

    Other recent developments in the technology industry include:

    AeroVironment (NASDAQ: AVAV) recently successfully showcased the maritime prowess of its combat-proven JUMP® 20 uncrewed aircraft system (UAS) during the NATO REPMUS 2024 (Robotic Experimentation and Prototyping using Maritime Uncrewed Systems) exercise off the coast of Portugal. This dynamic demonstration reinforced JUMP 20’s advanced Intelligence, Surveillance, and Reconnaissance (ISR) capabilities, autonomously launching and landing on a moving vessel in rough seas, with conditions reaching sea state level 5 and winds over 20 kts.

    The JUMP 20 also highlighted its multi-sensor mission versatility, seamlessly executing wide-area search and detection tasks. Its advanced Electro Optical and Mid-Wave Infrared (MWIR) turret automatically slewed to investigate identified targets without repositioning the platform, ensuring constant operational focus. Full-motion video was captured and later analyzed using AV’s cutting-edge computer vision technology, SPOTR-Edge™, enabling perception analysis using its robust library of object classifications, including persons, vehicles, and maritime vessels. Additionally, video from this event will further enhance the solution, making the JUMP 20 even more capable for future deployments by refining its object recognition and situational response capabilities.

    Draganfly Inc. (NASDAQ: DPRO), an award-winning, industry-leading developer of drone solutions and systems, recently announced its participation in the upcoming Wings of Saskatchewan event in Regina, from October 30 to October 31, 2024. Draganfly will showcase its latest drone technology advancements, contributing to discussions on industry trends, safety, and regulatory considerations alongside key stakeholders in the aviation sector.

    The Wings of Saskatchewan Conference, hosted by the Saskatchewan Aerial Applicators Association and the Saskatchewan Aviation Council, serves as a vital gathering for the aviation community. This year’s event will bring together leaders from both civil and commercial aviation sectors to discuss technological advancements, regulatory updates, and future trends within the industry.

    Draganfly will emphasize the need for synergy across the aviation industry at the conference by addressing essential topics, including airspace safety and the regulatory challenges impacting the drone sector. This presentation will spotlight the benefits of enhanced communication and collaboration between fixed-wing, helicopter, and RPAS (Remotely Piloted Aircraft Systems) to promote safe, efficient, and integrated airspace management.

    Red Cat Holdings, Inc. (NASDAQ: RCAT), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, recently announced a new contract and order for 12 of its FlightWave Edge 130 Blue system from the Royal Australian Navy. The contract was secured through Criterion Solutions Pty Ltd., an Australian-based distributor of intelligence, surveillance, reconnaissance and information technology solutions.

    FlightWave, an industry-leading provider of VTOL drone, sensor and software solutions was acquired by Red Cat in September 2024. The acquisition brought FlightWave’s flagship drone, the Edge 130 Blue into its family of low-cost, portable unmanned reconnaissance and precision lethal strike systems. FlightWave’s size, weight and vertical take off capabilities makes it ideal for maritime operations and littoral environments.

    Safe Pro Group Inc. (NASDAQ: SPAI) recently shared a video highlighting the capabilities of the Company’s patent-pending SpotlightAI™ AI-powered demining solution presented by Amazon Web Services (AWS) at this year’s AWS Summit Washington, D.C. The video highlights AWS Partners in the AWS Partner Network (APN) featuring senior Safe Pro team members discussing how AWS’s hyper scalability and compute resources are enabling the Company to modernize demining efforts in Ukraine by utilizing AI-powered image analysis of drone-based imagery.

    “Our inclusion in this year’s AWS Summit Washington, D.C. spotlights our continued success in locating thousands of landmines and unexploded ordnance currently scattered over thousands of hectares of land in Ukraine utilizing our AI-powered image analysis technology. AWS continues to provide us invaluable support as we work to harness the power of AI and AWS’s hyper scalability to modernize real world demining operations. Working with AWS, we have greatly enhanced our ability to provide leading humanitarian mine action organizations with powerful new tools that can improve their situational awareness as they execute their land clearance operations across Ukraine, expediting the release of land for agricultural and civilian use,” said Dan Erdberg, Chairman and CEO of Safe Pro Group Inc.

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

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    DISCLAIMER:  FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNM is NOT affiliated in any manner with any company mentioned herein.  FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNM has been compensated forty nine hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company.  FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

    Contact Information:

    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI: Noma Exits Stealth with $32M to Secure the Entire Data & AI Lifecycle from Development to Production

    Source: GlobeNewswire (MIL-OSI)

    TEL AVIV, Israel, Oct. 31, 2024 (GLOBE NEWSWIRE) — Noma exited stealth today, announcing $32M in funding and the launch of their application security platform for securing the entire Data & AI Lifecycle. The company’s series A round was led by Ballistic Ventures and comes less than a year after a previously undisclosed seed round led by Glilot Capital Partners, with participation from Cyber Club London. Dozens of strategic angel investors have backed Noma, including current and former CISOs of McDonald’s, Google DeepMind, Twitter, Atlassian, BNP Paribas, T-Mobile, and Nielsen.

    The rapid adoption of AI has thrown data science and machine learning teams into the spotlight, introducing new application security risks. “The Data & AI Lifecycle is significantly different from the software development lifecycle. It comes with a whole new supply chain, as well as unique open source components and runtime artifacts that traditional security tools don’t cover,” said Niv Braun, co-founder and CEO of Noma. “We’re already seeing organizations compromised by misconfigured data pipelines and MLOps tools and vulnerable and malicious open source models. It’s only a matter of time before we see AI’s equivalent of SolarWinds or Log4Shell. There’s an urgent need for a new security solution that holistically covers the Data & AI Lifecycle.”

    Noma’s platform provides end-to-end AI discovery, security, protection, and compliance. It protects against supply chain risks — like vulnerable data pipelines, unscanned code in data science environments, misconfigured MLOps tools, and sensitive data used for model training — as well as threats like vulnerable and malicious models, runtime prompt injection, and more.

    The platform seamlessly deploys across any cloud-based, SaaS, or self-hosted environment within minutes, requiring no agents or code changes and adding no friction to data science teams’ day-to-day workflows. Noma’s end-to-end approach provides coverage across the entire Data & AI Lifecycle, from development to production and from classic data pipelines and ML to GenAI.

    “Like traditional software development, AI has introduced a new range of security risks — but is moving at hyperspeed and with even higher stakes,” said Kobi Samboursky, Founder and Managing Partner of Glilot. “AppSec evolved over decades with fragmented tools for static and dynamic analysis, open source, supply chain, and runtime, but security teams have come to realize that they need consolidated solutions. Noma is uniquely positioned to tackle this problem from the start, consolidating multiple use cases into a single platform. We backed Noma to become the complete application security solution for the Data and AI Lifecycle.”

    “The role of data science teams has rapidly evolved from supporting business functions like reporting and analytics to developing AI-powered applications that significantly impact business outcomes,” said Jake Seid, Co-founder and general partner of Ballistic Ventures.

    “As security and compliance become more top of mind for organizations adopting AI, embedding security from the start ensures that innovation can flourish without compromise. Noma’s approach gives AppSec teams full visibility and confidence while empowering data science teams to move fast and drive business value.”

    Founders Niv Braun (CEO) and Alon Tron (CTO) met in the prestigious 8200 intelligence unit and have combined their respective experience leading security groups and data science teams to start Noma. Together they have quickly built a team with deep expertise in AI, application security, and beyond. Noma has helped shape industry standards for AI security as members of the OWASP AI Exchange and has contributed to US government policy on AI security, including informing guidelines like NIST SP 800-218A. The Noma platform is already used by paying customers, including Fortune 500 companies.

    Learn more about Noma’s platform and vision on the Noma website and blog.

    Media Contact
    Lazer Cohen
    lazer@concrete.media
    347-753-8256

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1996901b-4732-4856-b705-03949017b91e

    The MIL Network –

  • MIL-OSI: BW Energy Limited – Prospectus approved for listing of bonds

    Source: GlobeNewswire (MIL-OSI)

    BW Energy Limited – Prospectus approved for listing of bonds

    Reference is made to the announcement by BW Energy Limited (the “Company”) on 7 June 2024 about the successful completion of a new senior unsecured bond issue with an initial issue amount of USD 100 million with ISIN NO 0013259663 (the “Bonds”).

    The Financial Supervisory Authority of Norway has today approved a prospectus prepared by the Company in connection with the application for admission to trading and listing of the Bonds on the Euronext Oslo Børs. The admission to listing of the bonds is expected on or about 4 November 2024.

    The prospectus will be made available on the company’s website: www.bwenergy.no/investors/


    For further information, please contact:

    Brice Morlot, CFO BW Energy, +33.7.81.11.41.16 ir@bwenergy.com


    About BW Energy:

    BW Energy Limited 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 in, a 95% interest in the Maromba field in Brazil and a 95% interest in the Kudu field in Namibia, all operated by BW Energy. Total net 2P+2C reserves and resources were 580 million barrels of oil equivalents at the start of 2024.

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

    The MIL Network –

  • MIL-OSI: First Guaranty Bancshares, Inc. Announces Third Quarter 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    HAMMOND, La., Oct. 31, 2024 (GLOBE NEWSWIRE) — First Guaranty Bancshares, Inc. (“First Guaranty”) (NASDAQ: FGBI), the holding company for First Guaranty Bank, announced its unaudited financial results for the third quarter and nine months ending September 30, 2024.

    Financial Highlights for the third quarter and nine months ended September 30, 2024, are as follows:

    • Total assets increased $371.2 million and were $3.9 billion at September 30, 2024 and $3.6 billion at December 31, 2023. Total loans at September 30, 2024 were $2.8 billion, an increase of $20.9 million, or 0.8%, compared with December 31, 2023. Total deposits were $3.4 billion at September 30, 2024, an increase of $420.8 million, or 14.0%, compared with December 31, 2023. Retained earnings were $72.7 million at September 30, 2024, an increase of $4.7 million compared to $68.0 million at December 31, 2023. Shareholders’ equity was $256.4 million and $249.6 million at September 30, 2024 and December 31, 2023, respectively.
    • Net income for the third quarter of 2024 and 2023 was $1.9 million and $1.8 million, respectively, an increase of $0.2 million or 8.7%. Net income for the nine months ended September 30, 2024 and 2023 was $11.4 million and $7.9 million, respectively, an increase of $3.5 million or 44.5%.
    • Earnings per common share were $0.11 and $0.10 for the third quarter of 2024 and 2023, respectively, and $0.78 and $0.56 for the nine months ended September 30, 2024 and 2023, respectively. Total weighted average shares outstanding were 12,504,717 and 11,431,083 for the third quarter of 2024 and 2023, respectively, and 12,499,799 and 11,022,919 for the nine months ended September 30, 2024 and 2023, respectively. The change in shares was due to the issuance of 44,341 and 29,293 shares of common stock under the Equity Bonus Plan during the fourth quarter of 2023 and the first quarter of 2024, respectively, and the issuance of 1,714,287 shares of common stock under private placement in 2023.
    • The allowance for credit losses was 1.20% of total loans at September 30, 2024 compared to 1.13% at December 31, 2023.
    • Net interest income for the third quarter of 2024 was $22.7 million compared to $20.4 million for the same period in 2023. Net interest income for the nine months ended September 30, 2024 was $65.9 million compared to $63.7 million for the nine months ended September 30, 2023.
    • The provision for credit losses for the third quarter of 2024 was $4.9 million compared to $0.6 million for the same period in 2023. The provision for credit losses for the nine months ended September 30, 2024 was $14.0 million compared to $1.5 million for the nine months ended September 30, 2023.
    • Charge-offs were $13.7 million during the first nine months ended September 30, 2024 and $2.0 million during the same period in 2023. Recoveries totaled $0.7 million during the first nine months ended September 30, 2024 and $1.2 million during the same period in 2023.
    • Net gains on the sale of loans for the third quarter of 2024 was $1.5 million compared to $0 for the same period in 2023. Net gains on the sale of loans for the nine months ended September 30, 2024 was $1.5 million compared to $12,000 for the nine months ended September 30, 2023.
    • First Guaranty had $1.2 million of other real estate owned as of September 30, 2024 compared to $1.3 million at December 31, 2023.
    • The net interest margin for the three months ended September 30, 2024 was 2.51% which was a decrease of 3 basis points from the net interest margin of 2.54% for the same period in 2023. The net interest margin for the nine months ended September 30, 2024 was 2.52% which was a decrease of 23 basis points from the net interest margin of 2.75% for the same period in 2023. First Guaranty attributed the decrease in the net interest margin to the increase in market interest rates that began in 2022 and continued through 2023 that increased the cost of liabilities. Loans as a percentage of average interest earning assets decreased to 80.0% at September 30, 2024 compared to 83.2% at September 30, 2023.
    • Investment securities totaled $664.0 million at September 30, 2024, an increase of $259.9 million when compared to $404.1 million at December 31, 2023. At September 30, 2024, available for sale securities, at fair value, totaled $342.6 million, an increase of $259.1 million when compared to $83.5 million at December 31, 2023. The increase in available for sale securities was primarily due to purchase of Treasury securities. At September 30, 2024, held to maturity securities, at amortized cost and net of the allowance for credit losses totaled $321.4 million, an increase of $0.8 million when compared to $320.6 million at December 31, 2023. The allowance for credit losses for HTM securities was $0.1 million at September 30, 2024 and December 31, 2023.
    • Total loans net of unearned income were $2.8 billion at September 30, 2024, a net increase of $20.9 million from December 31, 2023. Total loans net of unearned income are reduced by the allowance for credit losses which totaled $33.3 million at September 30, 2024 and $30.9 million at December 31, 2023, respectively.
    • Nonaccrual loans increased $40.6 million to $65.8 million at September 30, 2024 compared to $25.2 million at December 31, 2023. The increase in total nonaccrual loans was concentrated primarily in one commercial real estate relationship that totaled $37.0 million. This relationship is comprised of five loans secured by real estate located in the Midwest. $13.9 million of this relationship was previously reported in 90 day plus but still accruing at December 31, 2023.
    • At September 30, 2024, our largest non-performing assets were comprised of the following nonaccrual loans: (1) a $37.0 million non-farm non-residential loan relationship comprised of five loans with a specific reserve of $4.1 million; (2) a $3.3 million one- to four-family loan relationship; (3) a $1.8 million commercial real estate loan; (4) a commercial lease loan that totaled $1.7 million; (5) a commercial lease loan that totaled $1.6 million; (6) a $1.3 million one- to four-family loan relationship; and (7) a $1.3 million loan relationship that is classified as purchased credit deteriorated.
    • First Guaranty charged off $2.6 million in loan balances during the third quarter of 2024. The details of the $2.6 million in charged-off loans were as follows:
    1. First Guaranty charged off $0.5 million in consumer loans during the third quarter of 2024. The consumer loan charge offs included $0.1 million in credit card loans, $0.1 million of loans secured by automobiles or equipment, and $0.3 million in unsecured loans.
    2. First Guaranty charged off $1.0 million on a loan relationship that is classified as purchased credit deteriorated during the third quarter of 2024. This relationship had remaining principal balance of $1.3 million at September 30, 2024.
    3. First Guaranty charged off $0.1 million on a commercial and industrial loan relationship during the third quarter of 2024. This relationship had a remaining principal balance of $1.0 million at September 30, 2024.
    4. First Guaranty charged off $0.1 million on a one- to four-family loan during the third quarter of 2024. This loan had no remaining principal balance at September 30, 2024.
    5. Smaller loans and overdrawn deposit accounts comprised the remaining $0.9 million of charge-offs for the third quarter of 2024.
    • Return on average assets for the three months ended September 30, 2024 and 2023 was 0.21%, for each period. Return on average assets for the nine months ended September 30, 2024 and 2023 was 0.42% and 0.33%, respectively. Return on average common equity for the three months ended September 30, 2024 and 2023 was 2.40% and 2.27%, respectively. Return on average common equity for the nine months ended September 30, 2024 and 2023 was 5.87% and 4.06% respectively. Return on average assets is calculated by dividing annualized net income by average assets. Return on average common equity is calculated by dividing annualized net income by average common equity.
    • Book value per common share was $17.86 as of September 30, 2024 compared to $17.36 as of December 31, 2023. The increase was due primarily to the recent issuance of new shares and changes in accumulated other comprehensive income (“AOCI”). AOCI is comprised of unrealized gains and losses on available for sale securities, including unrealized losses on available for sale securities at the time of transfer to held to maturity.
    • First Guaranty’s Board of Directors declared cash dividends of $0.08 and $0.16 per common share in the third quarter of 2024 and 2023. First Guaranty has paid 125 consecutive quarterly dividends as of September 30, 2024.
    • First Guaranty paid preferred stock dividends of $1.7 million during the first nine months of 2024 and 2023.
    • As previously announced, on June 28, 2024, the Bank consummated a sale-leaseback transaction relating to two stand-alone branches and a portion of the headquarters building which also contains a branch (collectively, the “Properties”). The aggregate cash purchase price was $14.7 million. The sale-leaseback transaction resulted in a pre-tax gain of approximately $13.2 million, or $10.4 million after tax. Aggregate first full year of rent expense under the Lease Agreements will be approximately $1.3 million pre-tax, or $1.0 million after tax.

    About First Guaranty Bancshares, Inc.

    First Guaranty Bancshares, Inc. is the holding company for First Guaranty Bank, a Louisiana state-chartered bank. Founded in 1934, First Guaranty Bank offers a wide range of financial services and focuses on building client relationships and providing exceptional customer service. First Guaranty Bank currently operates thirty-six locations throughout Louisiana, Texas, Kentucky and West Virginia. First Guaranty’s common stock trades on the NASDAQ under the symbol FGBI. For more information, visit www.fgb.net.

    Forward Looking Statements

    This press release contains forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements are any statements other than statements of historical fact which represent our current judgement about possible future events. We believe these judgements are reasonable, but these statements are not guarantees of any future events or financial results, and our actual results may differ materially due to a variety of factors, many of which are described in our most recent Annual Report on Form 10-K and our other filings with the U.S. Securities and Exchange Commission. We caution readers not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update or otherwise revise any forward-looking statements.

    For full release click here.

    CONTACT: ERIC DOSCH, CFO

    985.375.0308

    The MIL Network –

  • MIL-OSI: Form 8.3 – [LEARNING TECHNOLOGIES GROUP PLC – 30 10 2024] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 LEARNING TECHNOLOGIES GROUP PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 30 OCTOBER 2024
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 0.375p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 10,024,162 1.2654    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 10,024,162 1.2654    

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    0.375p ORDINARY PURCHASE 1,770 90.1188p
    0.375p ORDINARY PURCHASE 220 90.12p
    0.375p ORDINARY PURCHASE 15,750 90.6p

    (b)        Cash-settled derivative transactions

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

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

    (i)        Writing, selling, purchasing or varying

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

    (ii)        Exercise

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

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

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

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    NONE

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

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

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 31 OCTOBER 2024
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

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

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

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

    The MIL Network –

  • MIL-OSI: Baron Capital Enterprise, Inc. (OTC: BCAP) Announces Successful Reinstatement with the State of Florida and Outlines Strategic Path to Regulatory Compliance and Market Expansion

    Source: GlobeNewswire (MIL-OSI)

    Miami, FL, Oct. 31, 2024 (GLOBE NEWSWIRE) — Baron Capital Enterprise, Inc. (OTC: BCAP) is pleased to announce its successful reinstatement with the State of Florida Secretary of State, effective October 30, 2024. This significant milestone underscores the company’s commitment to regulatory compliance and sets the foundation for a new era of growth and development.

    Strategic Compliance Initiatives

    Under the leadership of Jake P. Noch, Chief Executive Officer and Chairman of the Board, Baron Capital Enterprise, Inc. is undertaking several key initiatives to enhance its corporate governance and regulatory standing:

    •       Updating Articles of Incorporation: The company will proceed to update its Articles of Incorporation to reflect its renewed strategic direction and operational focus.

    •       Financial Statement Preparation: Baron Capital is committed to preparing and filing comprehensive financial statements covering the period from 2017 to the present. This effort is crucial for regaining compliance with disclosure requirements and ensuring transparency for shareholders and regulatory bodies.

    •       Regaining Disclosure Compliance: By addressing past filing deficiencies, the company aims to restore its compliance with all regulatory disclosure obligations, reinforcing its reputation as a trustworthy publicly traded entity.

    •       Engaging a Market Maker: The company plans to engage a leading market maker to assist in filing a new Form 211 with the Financial Industry Regulatory Authority (FINRA). This action is intended to restore proprietary quote eligibility, enhancing market confidence and facilitating efficient trading of the company’s shares.

    Rebranding and Expansion Strategy

    In alignment with its forward-looking strategy, Baron Capital Enterprise, Inc. plans to rename and rebrand itself as Sunset Trading Group LTD. This rebranding initiative reflects the company’s commitment to innovation and its focus on emerging opportunities in the financial services sector.

    As part of its expansion plans, the company intends to establish or acquire a non-U.S. subsidiary that will seek registration as an offshore broker-dealer. This subsidiary will specialize in ultra-high-frequency proprietary trading, leveraging advanced trading algorithms and strategies to capitalize on market inefficiencies and drive profitability.

    Commitment to Shareholders

    Baron Capital Enterprise, Inc. extends its sincere gratitude to its shareholders for their patience and unwavering support during this transitional period. The company is dedicated to maintaining open and transparent communication as it progresses through each phase of its strategic plan. Under Mr. Noch’s leadership, Baron Capital is poised to re-emerge as a dynamic and influential player in the financial markets, with a focus on sustainable, long-term growth.

    About Baron Capital Enterprise, Inc. (OTC: BCAP)

    https://www.sunsettg.com

    Baron Capital Enterprise, Inc. (OTC: BCAP) is a publicly traded portfolio company of Jake P. Noch Family Office, LLC., a St. Kitts & Nevis-based single family office. The company is currently undergoing a comprehensive restoration and restructuring process under the leadership of Jake P. Noch. Baron Capital is focused on exploring new business opportunities in the financial services sector, including the establishment of an offshore Broker-Dealer subsidiary to engage in ultra-high-frequency proprietary trading. As part of its transformation, the company plans to rename and rebrand itself as Sunset Trading Group LTD.

    About Jake P. Noch Family Office, LLC

    https://www.jakepnoch.com/

    Jake P. Noch Family Office, LLC is a single-family office with no outside clients, dedicated to strategically investing in Qualified Small Business Stock (QSBS) and fostering the growth of emerging companies. Our firm specializes in guiding these ventures towards successful exits through public market mergers, leveraging our expertise and resources to maximize their potential. At Jake P. Noch Family Office, LLC, we are more than just investors—we are partners committed to the long-term success of the companies we support. Through continuous financial backing facilitated by court-approved 3(a)(10) mechanisms, we provide ongoing support to ensure sustained growth and prosperity, driving value creation and innovation in the businesses we invest in.

    Forward-Looking Statements:

    This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Jake P. Noch Family Office, LLC., BARON CAPITAL ENTERPRISE, INC. to accomplish their stated plan of business. Jake P. Noch Family Office, LLC., BARON CAPITAL ENTERPRISE, INC. believe that the assumptions underlying the forward-looking statements contained herein are reasonable; however, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Jake P. Noch Family Office, LLC., BARON CAPITAL ENTERPRISE, INC., or any other person.

    Non-Legal Advice Disclosure:

    This press release does not constitute legal advice, and readers are advised to seek legal counsel for any legal matters or questions related to the content herein.

    Non-Investment Advice Disclosure:

    This communication is intended solely for informational purposes and does not in any way imply or constitute a recommendation or solicitation for the purchase or sale of any securities, commodities, bonds, options, derivatives, or any other investment products. Any decisions related to investments should be made after thorough research and consultation with a qualified financial advisor or professional. We assume no liability for any actions taken or not taken based on the information provided in this communication.

    Contact

    investors@ProMusicRights.com

    Twitter: https://twitter.com/JPNFamilyOffice

    Twitter: https://x.com/Sunset_TG

    SOURCE: BARON CAPITAL ENTERPRISE, INC.

    The MIL Network –

  • MIL-OSI: PubMatic Named a Leader in Q4 2024 Analyst Report on Sell-Side Platforms

    Source: GlobeNewswire (MIL-OSI)

    NO-HEADQUARTERS/REDWOOD CITY, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) — PubMatic (Nasdaq: PUBM), an independent technology company delivering digital advertising’s supply chain of the future, proudly announces its recognition as a Leader in The Forrester Wave™: Sell-Side Platforms, Q4 2024. According to the report from Forrester Research, a leading global research and advisory firm, “PubMatic is known for its scale, cross-channel support, and extensive experience dating back to programmatic advertising’s inception.”

    In the report, Forrester evaluated 10 top sell-side platforms (SSPs) based on 33 criteria spanning three categories: current offering, strategy, and market presence. PubMatic received the highest possible scores across 14 criteria, including Programmatic Auctions, Commerce Media, Publisher Protections, and Innovation. PubMatic also received the highest possible score in the Market Presence category.

    Criteria in which PubMatic received the highest possible scores:

    • Programmatic Auctions: PubMatic’s OpenWrap unified auctions are a “resounding success for publishers…” We provide publishers with advanced tools to maximize revenue.
    • Commerce Media: Our unique Convert solution’ is notable for its effectiveness in driving commerce media outcomes.
    • Publisher Protections: We attribute Forrester’s characterization of our “publisher-first orientation” to PubMatic’s commitment to publisher protections, including anti-fraud measures and robust reporting insights.
    • Innovation: We attribute this criterion score to PubMatic’s continuous innovation and strong partner ecosystem as key differentiators in the SSP market.

    “We are honored to be recognized as a Leader in The Forrester Wave™: Sell-Side Platforms,” said Rajeev Goel, Co-Founder and CEO of PubMatic. “To us, the designation as a Leader validates our commitment to providing publishers with the most advanced and effective tools as part of an integrated platform. Our strategic focus on customer control and partnership continues to strengthen our market position, and as we navigate the dynamic landscape of programmatic advertising, our commitment to innovation and monetization remains at the core of everything we do. We believe this is vision validated by Forrester’s assessment.”

    To find out more about PubMatic’s SSP product, click here: SSP for Publishers

    About PubMatic:
    PubMatic (Nasdaq: PUBM) is an independent technology company maximizing customer value by delivering digital advertising’s supply chain of the future. PubMatic’s sell-side platform empowers the world’s leading digital content creators across the open internet to control access to their inventory and increase monetization by enabling marketers to drive return on investment and reach addressable audiences across ad formats and devices. Since 2006, our infrastructure-driven approach has allowed for the efficient processing and utilization of data in real time. By delivering scalable and flexible programmatic innovation, we improve outcomes for our customers while championing a vibrant and transparent digital advertising supply chain.

    Press Contact:
    Ashley Jacobson, Director of Corporate Marketing
    press@pubmatic.com

    Broadsheet Communications for PubMatic
    pubmaticteam@broadsheetcomms.com
    (917) 826-1103

    The MIL Network –

  • MIL-OSI: UK-Based HealthTech Startup Definition Health Raises £5.75 million in Pre-Seed Funding to Streamline Surgical Care with Advanced Predictive AI Technology

    Source: GlobeNewswire (MIL-OSI)

    LONDON, Oct. 31, 2024 (GLOBE NEWSWIRE) — Definition Health, a UK-based, clinician-led HealthTech innovator, has secured £5.75 million ($7.5 million USD) in pre-seed funding for surgical care with cutting-edge predictive AI. This funding will further fuel the enhancement of its platform, designed to seamlessly integrate into healthcare systems, transforming surgical workflows. By delivering personalized, data-driven care, Definition Health’s platform improves surgical efficiency, reduces complications, and optimizes outcomes for patients, hospitals, and insurers—positioning the company as the leader in value-based care.

    “Medicine does not stand still, nor should it. In my opinion, Definition Health is quite literally a glimpse into the future,” says Dr. David Redfern, CEO of David Redfern Surgery, Orthopedic Surgeon, and Definition Health Angel Investor. “Not only do Definition Health systems already improve patient safety in the hospital environment but they offer perhaps one of the Holy Grails of medicine – The opportunity to tailor treatments to specific patient attributes. To link a whole host of parameters to outcomes and understand how to improve those outcomes.”

    Co-founded by Dr. Sandeep Chauhan, an internationally renowned practicing orthopedic surgeon with over two decades of clinical experience, and Dr. Rosie Scott, an NHS Clinical Entrepreneur and celebrated radiologist, Definition Health was born from a vision to modernize surgical care by addressing the inefficiencies that burden both clinicians and patients. “We saw firsthand how fragmented the surgical care process was, leading to delays, cancellations, and complications,” said Dr. Chauhan. “Our platform streamlines the entire surgical journey, surfacing actionable patient data to clinicians, enabling them to intervene earlier and make more informed decisions, resulting in better outcomes for patients.”

    U.S. hospitals face increasing pressure to maximize revenue from elective surgeries, a critical income stream that accounts for 48% of hospital gross revenue. With 40% of U.S. hospitals operating at a loss, current solutions are failing to address both financial and clinical inefficiencies. Definition Health combats this by drawing on proprietary data from over 400,000 surgeries to build predictive models that optimize care and mitigate surgical risk. With U.S. healthcare under pressure from staffing shortages, rising costs, and growing surgical demands, Definition Health’s platform integrates predictive analytics and machine learning into clinical workflows to optimize pre-op planning, reduce complications, and accelerate recovery.

    Their platform has already saved the NHS the equivalent of $2.6 million per 40,000 patients by reducing surgical cancellations, and Definition Health is eager to replicate this success in the U.S., where outpatient surgeries are growing exponentially. As a participant in the UK-Florida Life Sciences Trade Corridor, the company is well-positioned to connect with key players in Florida’s healthcare market, including leading hospitals and healthcare systems, making it an ideal partner for U.S. institutions looking to improve efficiency and patient outcomes.

    “As a former NHS Hospital CEO with over two decades of experience, I immediately recognised the transformative potential of Definition Health. Sandeep and Rosie’s vision for revolutionizing end-to-end surgical pathways is not just innovative – it’s essential for the future of healthcare. Their solution is a game-changer, offering tangible benefits for both patients and front-line staff. The evaluation results are not just impressive; they’re indicative of a significant leap forward in healthcare delivery. I am truly excited to see the contribution Definition Health will make to healthcare, not only in the UK and US but on a global scale. This is the kind of innovation that investors and healthcare systems should be paying close attention to.” – Dame Jackie Daniel, former CEO of NHS Newcastle Hospitals, Healthcare Advisor to Definition Health, and Global Luminary for Accenture

    As Definition Health scales, the company is focused on expanding into key U.S. markets, starting with Florida, where the demand for surgical innovation is growing rapidly. With the success of their pre-seed round, Definition Health has opened a Series A funding round to support this growth and foster strategic partnerships in the U.S. By combining AI-powered predictive analytics with seamless clinical integration, Definition Health is transforming surgical care and providing a comprehensive solution to the challenges facing hospitals globally. The company’s success in the NHS, the largest single-payer system in the world, demonstrates its capacity to deliver value-based care at scale.

    About Definition Health
    Definition Health is a clinician-led HealthTech company transforming surgical care through advanced predictive AI technology. By streamlining the entire surgical journey, from pre-op to recovery, its AI-powered platform improves patient outcomes, enhances clinical workflows, and reduces costs for hospitals and insurers. With proven success in the NHS, Definition Health is poised to expand globally, delivering value-based care solutions that address the critical challenges facing modern healthcare systems.

    Contact:
    Sandeep Chauhan, CEO
    hello@definitionhealth.co.uk
    sandeep@lifeboxhealth.com

    Disclaimer: This content is provided by Definition Health. This press release includes forward-looking statements about Definition Health’s future plans and growth, subject to risks and uncertainties that may cause actual outcomes to differ. These statements reflect current expectations and are not guarantees of future performance. Definition Health assumes no obligation to update these statements. This release is for informational purposes only, not investment advice.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/14572bea-f33e-4cbe-b409-d58b9e129005

    The MIL Network –

  • MIL-OSI: Tomarket Launches First FarmingPool in Telegram Ecosystem to Unlock Early Rewards For Users

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Oct. 31, 2024 (GLOBE NEWSWIRE) — Tomarket, a prominent mini-app in the TON ecosystem, has launched a new feature, FarmingPool, designed to enhance user engagement and facilitate community rewards. As the first FarmingPool on Telegram, this initiative aims to connect Tomarket’s users with carefully vetted projects, providing an efficient platform for earning crypto rewards.

    Through FarmingPool, users can stake Tomarket’s official token, $TOMA, or complete referral tasks to earn points and participate in airdrops from selected projects. FarmingPool creates additional earning opportunities, allowing all users to capitalize on new ventures from the outset. Additionally, Tomarket leverages its substantial traffic to support project growth by connecting users with high-quality initiatives. This approach not only enhances individual earning potential but also fosters a vibrant and thriving community.

    With a mission to build a community-focused ecosystem, Tomarket has announced that 80% of TOMA tokens will be allocated directly to the community. The Token Generation Event (TGE) for $TOMA will take place on October 31 at 23:59 (GMT+8). The TGE will use a tiered system to evaluate user activity for distribution, with users achieving L4 Bronze status or higher eligible for the airdrop—making active participation even more rewarding.

    Since its launch four months ago, Tomarket has grown exponentially, reaching over 40 million users and establishing itself as one of the top three Telegram Mini-Apps. Tomarket’s success is attributed to its tailored strategy within the Telegram and TON ecosystems, offering a unique blend of gaming and earning elements that make Web3 opportunities more accessible to Web2 users. The investments from Bitget Wallet and Foresight X have also enabled Tomarket to continually expand its offerings, leveraging its market influence to connect users with valuable digital assets.

    Looking ahead, Tomarket is soon to unveil a roadmap focused on empowering its community with richer rewards and deeper engagement.

    “Web3’s true strength lies in community-driven ecosystems,” says Miles, Tomarket’s Core Contributor. “Our roadmap will expand opportunities for users to connect, earn, and grow within the Telegram ecosystem, enhancing their experience while solidifying Tomarket as a leading force in the Telegram & TON space.”

    For more details about Tomarket’s news, users can refer to Tomarket’s Telegram announcements.

    About Tomarket

    Tomarket is your all-in-one platform for gaming, earning, and trading on Telegram & TON. No more jumping between different platforms—play games, earn tokens, and trade them all in one place. Tomarket is backed by Foresight X and Bitget Wallet. 

    For more information, users can visit：Website |  Twitter |  Telegram

    Contact

    PR team
    media@tomarket.ai

    The MIL Network –

  • MIL-OSI: BBAChain Pre-Seed Round Closes as Demand Surges, Seed Round Now Open

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, Oct. 31, 2024 (GLOBE NEWSWIRE) —  BBAChain is celebrating important achievements. With the project’s Pre-Seed Round completed and all BSP (BBAChain Revenue Sharing Program) packages sold out, BBAChain is positioning itself for a successful bull run.

    The Pre-Seed Round saw strong support from early backers, contributing to the success of BBAChain’s roadmap and creating a solid foundation for what’s coming. The BSP program, designed to share revenue with early participants, reached full capacity, signaling high investor interest and confidence in BBAChain’s future.

    The recent BBAChain halving event marked an important milestone for the project and a strong advantage against other blockchains, reducing BBA supply and potentially increasing the value of the coin as scarcity grows. The timing of the halving aligns with the first anniversary of BBAChain’s Mainnet, following the roadmap of the project and showing the ongoing commitment of the company to delivering on its promises.

    Now that BBAChain is launching its Seed Round, the project hopes to expand further and create partnerships that will help it achieve more. According to the roadmap, the company plans to list BBA Coin on exchanges before the end of 2024, as well as develop various aspects of the BBAChain ecosystem, such as BTI Exchange and BTI Swap.

    BBAChain’s Seed Round of financing has officially started, welcoming not only VCs, angel investors, accelerators, and incubators, but also retail investors and anyone who wants to be part of the next cryptocurrency generation.

    What is BBAChain?
    BBAChain is a high-performance Layer 1 blockchain aiming to reshape different areas of society. With the ability to process more than 100,000 transactions per second for less than a few cents, BBAChain offers speed and scalability. Beyond technical efficiency, BBAChain is building a native ecosystem that includes a decentralized exchange, centralized exchange, crypto academy, NFT marketplace, euro-pegged stablecoin, pay adapter, and a multi-chain wallet. What truly sets BBAChain apart is its ambition to bring national elections onto the blockchain through its Decentralized Democracy initiative, ensuring transparent and secure voting processes. An initiative that has multiple applications not only in the public sector but also in the private one too. With a powerful referral program incentivizing growth, strategic partnerships, and the upcoming listing of the BBA Coin, BBAChain positions itself as a unique opportunity in the evolving crypto space.

    Contact
    Name: Christian Trejo, CSO
    Email: contact@bbachain.com
    Website: https://bbachain.com

    Disclaimer: This content is provided by BBAChain. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/217e3ce1-9442-4786-97dc-736bd3fd2743

    The MIL Network –

  • MIL-OSI: International Petroleum Corporation Announces Results of Normal Course Issuer Bid and Updated Share Capital

    Source: GlobeNewswire (MIL-OSI)

    International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 66,800 IPC common shares (ISIN: CA46016U1084) during the period of October 28 to 31, 2024 under IPC’s normal course issuer bid / share repurchase program (NCIB).

    IPC’s NCIB, announced on December 1, 2023, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and Commission Delegated Regulation (EU) No 2016/1052 (Safe Harbour Regulation) and the applicable rules and policies of the Toronto Stock Exchange (TSX) and Nasdaq Stockholm and applicable Canadian and Swedish securities laws.

    During the period of October 28 to 31, 2024, IPC repurchased a total of 52,500 IPC common shares on Nasdaq Stockholm. All of these share repurchases were carried out by Pareto Securities AB on behalf of IPC.

    For more information regarding transactions under the NCIB in Sweden, including aggregated volume, weighted average price per share and total transaction value for each trading day during the period of October 28 to 31, 2024, see the following link to Nasdaq Stockholm’s website:

    www.nasdaqomx.com/transactions/markets/nordic/corporate-actions/stockholm/repurchases-of-own-shares

    A detailed breakdown of the transactions conducted on Nasdaq Stockholm during the period of October 28 to 31, 2024 according to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is available with this press release on IPC’s website: www.international-petroleum.com/news-and-media/press-releases.

    During the same period, IPC purchased a total of 14,300 IPC common shares on the TSX. All of these share repurchases were carried out by ATB Capital Markets Inc. on behalf of IPC.

    All common shares repurchased by IPC under the NCIB will be cancelled. During October 2024, IPC cancelled 506,400 common shares repurchased under the NCIB. As at October 31, 2024, the total number of issued and outstanding IPC common shares is 120,244,638 with voting rights and IPC holds 44,400 common shares in treasury.

    Since December 5, 2023 up to and including October 31, 2024, a total of 8,024,582 IPC common shares have been repurchased under the NCIB through the facilities of the TSX and Nasdaq Stockholm. A maximum of 8,342,119 IPC common shares may be repurchased over the period of twelve months commencing December 5, 2023 and ending December 4, 2024, or until such earlier date as the NCIB is completed or terminated by IPC.

    International Petroleum Corp. (IPC) is an international oil and gas exploration and production company with a high quality portfolio of assets located in Canada, Malaysia and France, providing a solid foundation for organic and inorganic growth. IPC is a member of the Lundin Group of Companies. IPC is incorporated in Canada and IPC’s shares are listed on the Toronto Stock Exchange (TSX) and the Nasdaq Stockholm exchange under the symbol “IPCO”.

    For further information, please contact:

    Rebecca Gordon
    SVP Corporate Planning and Investor Relations
    rebecca.gordon@international-petroleum.com
    Tel: +41 22 595 10 50    		   Robert Eriksson
    Media Manager
    reriksson@rive6.ch
    Tel: +46 701 11 26 15

    This information is information that International Petroleum Corporation is required to make public pursuant to the Swedish Financial Instruments Trading Act. The information
    was submitted for publication, through the contact persons set out above, at 17:30 CET on October 31, 2024.

    Forward-Looking Statements
    This press release contains statements and information which constitute “forward-looking statements” or “forward-looking information” (within the meaning of applicable securities legislation). Such statements and information (together, “forward-looking statements”) relate to future events, including the Corporation’s future performance, business prospects or opportunities. Actual results may differ materially from those expressed or implied by forward-looking statements. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Forward-looking statements speak only as of the date of this press release, unless otherwise indicated. IPC does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws.

    All statements other than statements of historical fact may be forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, forecasts, guidance, budgets, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “forecast”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “budget” and similar expressions) are not statements of historical fact and may be “forward-looking statements”. Forward-looking statements include, but are not limited to, statements with respect to: the ability and willingness of IPC to continue the NCIB, including the number of common shares to be acquired and cancelled and the timing of such purchases and cancellations; and the return of value to IPC’s shareholders as a result of any common share repurchases.

    The forward-looking statements are based on certain key expectations and assumptions made by IPC, including expectations and assumptions concerning: prevailing commodity prices and currency exchange rates; applicable royalty rates and tax laws; interest rates; future well production rates and reserve and contingent resource volumes; operating costs; our ability to maintain our existing credit ratings; our ability to achieve our performance targets; the timing of receipt of regulatory approvals; the performance of existing wells; the success obtained in drilling new wells; anticipated timing and results of capital expenditures; the sufficiency of budgeted capital expenditures in carrying out planned activities; the timing, location and extent of future drilling operations; the successful completion of acquisitions and dispositions and that we will be able to implement our standards, controls, procedures and policies in respect of any acquisitions and realize the expected synergies on the anticipated timeline or at all; the benefits of acquisitions; the state of the economy and the exploration and production business in the jurisdictions in which IPC operates and globally; the availability and cost of financing, labour and services; our intention to complete share repurchases under our normal course issuer bid program, including the funding of such share repurchases, existing and future market conditions, including with respect to the price of our common shares, and compliance with respect to applicable limitations under securities laws and regulations and stock exchange policies; and the ability to market crude oil, natural gas and natural gas liquids successfully.

    Although IPC believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because IPC can give no assurances that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to: general global economic, market and business conditions; the risks associated with the oil and gas industry in general such as operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of estimates and projections relating to reserves, resources, production, revenues, costs and expenses; health, safety and environmental risks; commodity price fluctuations; interest rate and exchange rate fluctuations; marketing and transportation; loss of markets; environmental and climate-related risks; competition; innovation and cybersecurity risks related to our systems, including our costs of addressing or mitigating such risks; the ability to attract, engage and retain skilled employees; incorrect assessment of the value of acquisitions; failure to complete or realize the anticipated benefits of acquisitions or dispositions; the ability to access sufficient capital from internal and external sources; failure to obtain required regulatory and other approvals; geopolitical conflicts, including the war between Ukraine and Russia and the conflict in the Middle East, and their potential impact on, among other things, global market conditions; and changes in legislation, including but not limited to tax laws, royalties and environmental regulations. Readers are cautioned that the foregoing list of factors is not exhaustive.

    Additional information on these and other factors that could affect IPC, or its operations or financial results, are included in IPC’s annual information form for the year ended December 31, 2023 (See “Cautionary Statement Regarding Forward-Looking Information”, “Risks Factors” and “Reserves and Resources Advisory” therein), in the management’s discussion and analysis (MD&A) for the three and six months ended June 30, 2024 (See “Cautionary Statement Regarding Forward-Looking Information”, “Risks Factors” and “Reserves and Resources Advisory” therein) and other reports on file with applicable securities regulatory authorities, including previous financial reports, management’s discussion and analysis and material change reports, which may be accessed through the SEDAR+ website (www.sedarplus.ca) or IPC’s website (www.international-petroleum.com).

    Attachment

    The MIL Network –

  • MIL-OSI: IOTA Software Inc. Announces $10.4 Million Series A2 Funding Led by Altira Group

    Source: GlobeNewswire (MIL-OSI)

    DENVER, Oct. 31, 2024 (GLOBE NEWSWIRE) — IOTA Software Inc., a leading developer of industrial and business data visualization software, announced today that it has secured $10.4 million in Series A2 funding led by the Altira Group with participation from Oxy Technology Ventures and existing investors, including Aramco Ventures and Second Avenue Partners. J.P. Bauman, Partner at Altira Group, will join IOTA’s Board of Directors.

    IOTA’s visualization software is an enterprise-scale, cloud-native platform that provides easy and immediate access to all sources of critical and dynamic business and process information. IOTA empowers executives, production managers, and operators with a visual and unified environment, supporting them with the insights essential for performance optimization and data-driven decision-making.

    This new investment will be used to expand IOTA’s engineering, product, and customer success teams and enhance its technology infrastructure and marketing efforts. This will enable IOTA to further develop its innovative technology, expand its global reach, and continue its rapid growth trajectory. With this latest funding, IOTA is well-positioned to solidify its status in data visualization as the premier situational awareness platform supporting digital transformation throughout the process industries.

    “We are thrilled to secure this funding, which enables us to accelerate our growth and technology development,” said Ivan Datskov, CEO of IOTA Software. “Our platform already helps businesses across a wide range of industries make more informed decisions, and we are excited about the opportunity to positively impact even more organizations.”

    “IOTA Software gives industrial enterprise customers the ability to easily bring together typically siloed critical business and operations data in control rooms and remote operating centers in a single pane of glass to improve asset performance,” commented J.P. Bauman. “On behalf of our seven industry-leading oil & gas company partners, Altira is excited to lead this effort in supporting IOTA as they continue to drive customer success.”

    “We are proud to be both partners and customers of IOTA Software,” said Trey Lowe, Chief Technology Officer at Devon Energy. “Their new software, VUE, is revolutionizing the way we view and interact with our production data. The intuitive interface and analytics capabilities will enhance decision-making across each of our operating areas.”

    About Altira Group

    Altira Group, a Denver-based venture capital firm, has funded advanced technology solutions across the energy and industrial value-chain for the past 27 years. Working with its Fund VII oil & gas industry limited partners, Altira enables the next generation of technologies, driving innovation across digital, industrial automation, and core oil & gas operations, including subsurface, development, production, and refining. Beyond capital, Altira’s unique approach offers entrepreneurs customer access, validation, and collaboration through their strategic partnerships with leading oil & gas companies, and experienced, hands-on investor partners skilled in business building. This unique Altira advantage means more direct customer interaction, compressed adoption cycles, and stronger investment outcomes. For further information, please visit www.altiragroup.com.

    About IOTA Software Inc.

    IOTA Software is a leading provider of data visualization that connects people, assets, and manufacturing processes. The company’s scalable platform offers easy access to critical process data, insights for performance optimization, and supports data-driven decision-making. Serving as a central hub to drive both daily and long-term outcomes, the IOTA platform delivers situational awareness capabilities that appeal to a wide range of users across the pharmaceutical, energy, chemical, utility, green energy, and other industries. For more information, visit iotasoft.com.

    Media Contact:
    T.J. Rulapaugh
    Vice President, Product Design
    trulapaugh@iotasoft.com
    (650) 862-5393

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ff04b14b-2c37-48dc-8f6a-8d04649584bb

    The MIL Network –

  • MIL-OSI: Monster League Studios Announces Upcoming $MOKA Token Sale for Mokens League Platform, Powering the Next-Gen Web3 Gaming Ecosystem

    Source: GlobeNewswire (MIL-OSI)

    BARCELONA, Spain, Oct. 31, 2024 (GLOBE NEWSWIRE) — Monster League Studios, the visionary company behind the Mokens League gaming platform, is thrilled to announce the upcoming public sale of its highly anticipated utility token, $MOKA. Designed to fuel an ecosystem of interconnected games and experiences, $MOKA will serve as the backbone for in-game transactions, rewards, and player engagement across the Mokens League universe.

    Scheduled to go live on [31.10.2024], the $MOKA token sale represents a key milestone in Monster League Studios’ mission to redefine gaming through blockchain technology. With Mokens League, the company is creating a universe of games where players can seamlessly interact and carry their assets across different game experiences. Beginning with its flagship soccer game, the platform will soon expand to titles such as Padel, Tennis, Racing, and more, broadening the reach and utility of $MOKA.

    Mokens League Soccer is the first game that allows players to compete in team-based or individual matches. It features multiple gameplay modes, with match length and rules varying by mode. Players need 1–6 NFTs to participate, which act as in-game characters. The game has already reached over 50,000 active users. Mokens League Soccer is available on PC, App Store, and Google Play.

    “At Mokens League, we believe in building more than just individual games—we’re creating a full gaming universe,” said Martin Repetto, CEO of Monster League Studios. “The launch of $MOKA will empower our players and community by giving them real value and utility across all our games, allowing them to participate in our Win-to-Earn model, earn exclusive rewards, and explore a connected universe of Web3 gaming experiences.”

    Key Highlights of the $MOKA Token Sale:

    • Utility-Driven Token: $MOKA is designed to be more than just a currency. As a utility token, it will support in-game purchases, facilitate player rewards, and unlock exclusive features across all Mokens League games.
    • Two NFT Tiers: FAN and VIP Packs: Recently, Mokens League announced two NFT tiers—FAN and VIP packs—as essential components of its promotional series, aimed at unlocking exclusive features and rewards within the Mokens Hub. These packs drive engagement by providing early access to various platform functionalities. The initial launch of FAN packs was met with great success, as NFTs were claimed in record time, underscoring high demand and the platform’s effectiveness in expanding the user base and creating a vibrant gaming community.
    • Cross-Game Compatibility: Players can use $MOKA across the entire Mokens League ecosystem, allowing their assets, achievements, and rewards to transcend individual games, from sports-based titles like soccer and padel to exciting genres like racing and brawling.
    • User-Friendly Web3 Integration: Mokens League has partnered with ImmutableX (IMX) to ensure seamless onboarding for Web2 users unfamiliar with crypto. Players can create a secure Web3 wallet effortlessly using just their email, Apple ID, or Google Play account.
    • Accessible to All: The $MOKA token sale will be conducted in stages, with the first phase launching as a community sale. This will be followed by public sales on leading launchpads, including Bit2Me, Kanga, and Gamestarter, ensuring broad accessibility to both seasoned crypto investors and gaming enthusiasts new to Web3.

    The tokenomics of the $MOKA token are carefully designed. 10% of the total supply is allocated for the community sale, 1% for the public sale, and 17% for the team. A substantial 42% is dedicated to the community, ecosystem, and rewards. This tokenomics structure is community-centered, prioritizing user needs to drive high engagement and reward active participation in Mokens League.

    The $MOKA token sale provides a unique opportunity for investors to join a pioneering project in the rapidly expanding blockchain gaming space. Mokens League’s commitment to innovation, combined with its seasoned team of game developers with over 25 years of experience, positions it as a formidable player in the Web3 gaming industry.

    Contact:
    Martin Repetto CEO
    Email: hello@mokensleague.com

    Disclaimer: This content is provided by MONSTER LEAGUE S.L. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/376d9a5a-bebd-4af6-879e-2793bd3e7f89

    The MIL Network –

  • MIL-OSI: US employers prioritize wellbeing but miss the mark with employees

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) — While employers are taking steps to support employees’ physical and mental wellbeing, there is a disparity between the focus of employer wellbeing programs and what employees need the most. This is according to the latest Wellbeing Diagnostic Survey by WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company.

    The survey found U.S. employers are prioritizing support for mental (73%) and physical (50%) wellbeing. Yet, employees say that financial wellbeing support is their top area of concern (66%), despite being the lowest priority for employers (23%).

    Almost half of U.S. employees (48%) are struggling with moderate or major issues in at least two areas of their wellbeing, according to WTW’s 2024 Global Benefits Attitudes Survey (GBAS). Employees with wellbeing issues show lower productivity (higher absence and presenteeism) and report higher rates of burnout and lower levels of engagement. Over half of employees (56%) have above-average levels of stress, while 37% have reported symptoms of anxiety or depression.

    “The mental health crisis has brought employee wellbeing to the forefront of employers’ minds in recent years,” said Regina Ihrke, Health, Equity and Wellbeing leader, North America, WTW. “Companies have been leaning heavily into physical and mental wellbeing to make it a core part of their human capital strategy. We know that these investments have improved employees’ perceptions of the growing initiatives.”

    “Organizations that are highly effective at employee wellbeing often report better business outcomes, such as enhanced financial performance and reduced employee turnover. However, there is a disconnect between the wellbeing areas that employers are investing in and what employees are saying they need help with,” said Ihrke.

    Indeed, employers are showing to be least effective in the areas where employees need the most help, identifying financial wellbeing initiatives at the very bottom (19%). Only two in five employees (41%), however, feel financially secure and identify that their financial situation is the area of their wellbeing where they face the biggest challenges, according to GBAS.

    Employees report mixed feelings about employer initiatives with a net promoter score (a measure of customer loyalty and satisfaction with a company) of –20; however, employers have made significant progress since 2019 when the net promoter score was –45. Companies are committed to seeking additional improvement over the next three years, with 46% striving to embed wellbeing programs and practices into their company culture and effectively communicating its value to employees throughout the year, compared with 33% today.

    Moreover, more than four in five (91%) are prioritizing the employee experience as an outcome of their wellbeing strategy, and 37% are looking to make wellbeing a foundational element of their human capital strategy in the next three years, compared with only 11% today. Specifically, many employers (71%) are planning to boost communication about their wellbeing programs and connect wellbeing to company culture (49%) to raise the bar on employee health and wellbeing.

    “The delivery of wellbeing initiatives is just as important as the content of the programs. Communication, accessibility and creating a connected culture that links back to company and employee values is key to building a stronger employee experience when it comes to wellbeing. It’s important that employers focus on getting the right priorities in place to support the varied needs of their workforce as well as creating an enabling environment that promotes the services they make available,” said Jill Havely, managing director, Employee Experience, WTW.

    About the study

    The 2024 Wellbeing Diagnostic Survey was conducted from March to April 2024. Respondents include 535 U.S. employees working at medium and large private sector employers, representing a broad range of industries.

    The 2024 Global Benefits Attitudes Survey was conducted from January to March 2024. Respondents include 10,000 U.S. employees working at medium and large private sector employers, representing a broad range of industries.

    About WTW

    At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.

    Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you. Learn more at wtwco.com.

    Media contacts:

    Stacy Bronstein
    stacy.bronstein@wtwco.com

    Ileana Feoli
    ileana.feoli@wtwco.com

    The MIL Network –

  • MIL-OSI: Q3 & 9 MONTHS 2024 RESULTS

    Source: GlobeNewswire (MIL-OSI)

    Paris (France), October 31st, 2024, 17h45 CET

    Q3 & 9 MONTHS 2024 RESULTS

    DELIVERING ON CASH GENERATION AND FINANCIAL ROADMAP

    ON TRACK TO HIT OUR FULL YEAR TARGET

      Q3 9M1
    Revenue2 $246m $778m (-3%)
    Adjusted EBITDA2 $98m $298m (+7%)
    Net Cash-Flow $10m $34m (vs -$15m in 9M 2023)

    Sophie Zurquiyah, Chief Executive Officer of Viridien, said:

    “Our results since the start of the year demonstrate the strength of our strategic vision, with technology leadership, new business growth, and cash flow all showing significant progress.

    Geoscience was particularly strong this quarter, leveraging its clear differentiation, best-in class imaging technology and HPC computing power to achieve a record high order book. In Earth Data, the Laconia project, using our most advanced technology, saw increased prefunding and is continuing to progress well.

    Sensing & Monitoring is actively implementing its adaption plan and is on track to achieve in 2025 the expected outcomes in cost reduction and operational flexibility to improve performance across the industry cycles.

    Lastly, we continue to address our financial roadmap with the implementation of the bond buyback program and looking forward, reaffirm our full-year targets”.

    Third Quarter Highlights2

    • Group2
      • IFRS Revenue, EBITDA and Net Income of respectively $219 million, $71 million, $(10) million.
      • Overall group revenue decline in absence of mega crew in Sensing & Monitoring (SMO, revenue down 50%) compared to Q3 2023. Stable DDE revenue, with very strong momentum at Geoscience (revenue + 32% and order intake +91%).
      • Group adjusted EBITDA of $98M, including -$12M penalty fees from vessel commitment. DDE Adjusted EBITDA of $108 million, up 5% thanks to strong Geoscience performance. SMO adjusted EBITDA of $1M (vs $12M).  
    • Net Cash flow of $10 million, including -$18 million contractual fees from vessel commitment.
    • Implementation of the bond buy back program. $25M already bought on the $30M 2024 program as of October 31 (o.w. $12M bought and cancelled as of September 30).
    • Liquidity at $442 million (including $100 million undrawn RCF).
    • Digital, Data and Energy Transition (DDE)
      • Revenue $187 million, up 1%: strong revenue growth at Geoscience offset by lower level of aftersale at Earth Data.
      • Adjusted EBITDA $108 million, up 5%: profitability impacted by -$12 million in penalty fees from vessel commitments (vs -$20 million during Q3 2003).
      • Geoscience
        • Revenue at $103 million (+32%).
        • Geoscience performance continues to be driven by technology leadership. Order intake (up 91%) benefits from best in class imaging technology, new UK HPC hub and increased activity in the Middle East.
        • The new businesses confirm positive momentum, both in CCUS with the release of the latest phase of Gulf of Mexico Carbon Storage Study to support upcoming lease rounds and in Minerals & Mining with the award of a sensing program in Oman, to identify, map and rank mineralization prospectivity potential.
      • Earth Data
        • Revenue: $83 million (-22%).
        • Prefunding revenue at $58 million (+4%). First contribution of the Laconia project in the Gulf of Mexico. Weaker after-sales in Q3 (down 50% at $26 million) with unfavorable cut offs.
        • New businesses: revenue from the Norwegian survey for Carbon storage leading to the reprocessing of legacy data in the area.
    • Sensing and Monitoring (SMO)
      • Revenue at $59 million, down 51% across land and marine products, following delivery of the “mega crew” systems in 2023.
      • Adjusted EBITDA at $1 million (vs $12M).
      • Transformation plan on track to achieve the expected cost reduction and operational flexibility.
      • New businesses representing 17% of revenue. Delivery of land seismic nodes for large-scale seismic surveys planned in urban areas to target energy resources, including geothermal.
    • 2024 Financial objectives
      • The Group reiterates its 2024 financial objectives and confirms its 2024-2025 financial roadmap.
        • Revenue expected to be in line with 2023
        • EBITDA to be positively impacted by business mix
        • Earth Data cash Capex expected at $230-250M
        • Net Cash Flow to reach similar level as 2023
    • Q3 2024 Conference call
      • The press release and the presentation are available on our website www.viridiengroup.com at 5:45 pm (CET)
      • An English language analysts conference call is scheduled today at 6.00 pm (CET)

    Participants should register for the call here to receive a dial-in number and code or participate in the live webcast from here.

    A replay of the conference call will be made available the day after for a period of 12 months in audio format on the Company’s website.

    The Board of Directors met on October 31, 2024 and approved the consolidated financial statements ending September 30, 2024.

    About Viridien:

    Viridien (www.viridiengroup.com) is an advanced technology, digital and Earth data company that pushes the boundaries of science for a more prosperous and sustainable future. With our ingenuity, drive and deep curiosity we discover new insights, innovations, and solutions that efficiently and responsibly resolve complex natural resource, digital, energy transition and infrastructure challenges. Viridien employs around 3,500 people worldwide and is listed as VIRI on the Euronext Paris SA (ISIN until July 30: FR0013181864 and ISIN as from July 31: FR001400PVN6).

    Contact:

     VP Corporate Finance

    Jean-Baptiste Roussille
    jean-baptiste.roussille@viridiengroup.com

    Q3 2024 – Financial Results

     CONSOLIDATED FINANCIAL STATEMENTS – September 30th, 2024

    Unaudited Interim Consolidated statement of operations – Year-To-Date

        Nine months ended September 30,
    (In millions of US$, except per share data) Notes 2024 2023
    Operating revenues   784.8 810.4
    Other income from ordinary activities   0.1 0.2
    Total income from ordinary activities   784.9 810.6
    Cost of operations   (587.1) (578.0)
    Gross profit   197.8 232.6
    Research and development expenses – net   (15.2) (20.5)
    Marketing and selling expenses   (28.6) (26.6)
    General and administrative expenses   (55.9) (54.2)
    Other revenues (expenses) – net 8 (3.6) (0.9)
    Operating income (loss)   94.6 130.4
    Cost of financial debt – gross   (82.3) (79.5)
    Income provided by cash and cash equivalents   8.7 4.0
    Cost of financial debt, net   (73.6) (75.5)
    Other financial income (loss) 9 (0.9) (1.6)
    Income (loss) before incomes taxes and share of income (loss) from companies accounted for under the equity method   20.1 53.3
    Income taxes   (14.2) (24.6)
    Net income (loss) before share of income (loss) from companies accounted for under the equity method   6.0 28.7
    Net income (loss) from companies accounted for under the equity method   0.9 0.5
    Net income (loss) from continuing operations   6.9 29.2
    Net income (loss) from discontinued operations 3 14.7 2.3
    Consolidated net income (loss)   21.6 31.5
    Attributable to :      
    Owners of Viridien S.A $ 21.2 28.0
    Non-controlling interests $ 0.4 3.5
    Net income (loss) per share      
    Basic $ 2.97 0.04
    Diluted $ 2.95 0.04
    Net income (loss) from continuing operations per share      
    Basic $ 0.91 0.04
    Diluted $ 0.91 0.04
    Net income (loss) from discontinued operations per share (a)      
    Basic $ 2.06 –
    Diluted $ 2.05 –

    (a)   Earning per share is presented as nil being less than US$0.01 at September 30,2023.

    See the notes to the Unaudited Interim Consolidated Financial Statements

    Unaudited Interim Consolidated statement of comprehensive income (loss) – Year-To-Date

        Nine months ended September 30,
    (In millions of US$) Notes 2024 (a) 2023 (a)
    Net income (loss) from statements of operations   21.6 31.5
    Net gain (loss) on cash flow hedges   0.2 0.2
    Variation in translation adjustments   3.3 10.5
    Net other comprehensive income (loss) to be reclassified in profit (loss) in subsequent period (1)   3.5 10.7
    Net gain (loss) on actuarial changes on pension plan   0.4 (0.7)
    Net other comprehensive income (loss) not to be reclassified in profit (loss) in subsequent period (2)   0.4 (0.7)
    Total other comprehensive income (loss) for the period. net of taxes (1) + (2)   3.9 10.0
    Total comprehensive income (loss) for the period   25.5 41.5
    Attributable to:   –  
    Owners of Viridien S.A.   24.7 39.2
    Non-controlling interests   0.8 2.3

    (a)  Including other comprehensive income related to the discontinued operations.

    Unaudited Interim Consolidated statement of financial position

    (In millions of US$) Notes September 30,
    2023    		 December 31, 2023
    ASSETS      
    Cash and cash equivalents   341.7 327.0
    Trade accounts and notes receivable, net   287.3 310.9
    Inventories and work-in-progress, net   207.1 212.9
    Income tax assets   37.0 30.8
    Other current assets, net   67.4 92.1
    Total current assets   940.5 973.7
    Deferred tax assets   35.5 29.9
    Other non-current assets, net   7.8 6.8
    Investments and other financial assets, net   25.3 22.7
    Investments in companies under the equity method   2.6 2.2
    Property, plant and equipment, net 4 230.7 206.1
    Intangible assets, net   611.5 579.7
    Goodwill, net   1 098.1 1 095.5
    Total non-current assets   2 011.4 1 942.9
    TOTAL ASSETS   2 951.9 2 916.6
    LIABILITIES AND EQUITY      
    Financial debt – current portion 5 79.8 58.0
    Trade accounts and notes payables   94.1 86.4
    Accrued payroll costs   87.9 89.1
    Income taxes payable   21.2 12.5
    Advance billings to customers   19.1 24.0
    Provisions — current portion   8.1 8.7
    Other current financial liabilities   5.9 21.3
    Other current liabilities   233.6 250.3
    Total current liabilities   549.8 550.3
    Deferred tax liabilities   22.1 24.3
    Provisions — non-current portion   32.8 30.1
    Financial debt – non-current portion 5 1 265.1 1 242.8
    Other non-current financial liabilities   – 0.5
    Other non-current liabilities   1.7 4.3
    Total non-current liabilities   1 321.7 1 302.0
    Common stock: 11,212,215 shares authorized and 7,161,465 shares with a €1.00 nominal value outstanding at September 30, 2024   8.7 8.7
    Additional paid-in capital   118.7 118.7
    Retained earnings   1 004.0 980.4
    Other Reserves   19.8 27.3
    Treasury shares   (20.1) (20.1)
    Cumulative income and expense recognized directly in equity   (1.2) (1.4)
    Cumulative translation adjustment   (87.9) (90.8)
    Equity attributable to owners of Viridien S.A.   1 042.0 1 022.8
    Non-controlling interests   38.5 41.5
    Total equity   1 080.5 1 064.3
    TOTAL LIABILITIES AND EQUITY   2 951.9 2 916.6

    See the notes to the Unaudited Interim Consolidated Financial Statements

    Unaudited Interim Consolidated statement of cash flows

        Nine months ended September 30,
    (In millions of US$) Notes 2024 2023
    OPERATING ACTIVITIES      
    Consolidated net income (loss)   21.6 31.5
    Less: Net income (loss) from discontinued operations 3 (14.7) (2.3)
    Net income (loss) from continuing operations   6.9 29.2
    Depreciation, amortization and impairment   71.8 63.3
    Earth Data surveys impairment and amortization   144.0 99.8
    Depreciation and amortization capitalized in Earth Data surveys   (11.6) (11.8)
    Variance on provisions   0.2 0.5
    Share-based compensation expenses   2.2 1.7
    Net (gain) loss on disposal of fixed and financial assets   0.1 0.1
    Share of (income) loss in companies recognized under equity method   (0.9) (0.5)
    Other non-cash items   (2.5) 1.8
    Net cash-flow including net cost of financial debt and income tax   210.2 184.1
    Less : Cost of financial debt   73.6 75.5
    Less : Income tax expense (gain)   14.2 24.6
    Net cash-flow excluding net cost of financial debt and income tax   297.9 284.2
    Income tax paid   (10.0) (3.8)
    Net cash-flow before changes in working capital   287.9 280.4
    Changes in working capital   10.0 (23.5)
    – change in trade accounts and notes receivable   (2.3) (29.4)
    – change in inventories and work-in-progress   7.0 17.4
    – change in other current assets   14.9 6.6
    – change in trade accounts and notes payable   10.6 (0.4)
    – change in other current liabilities   (20.2) (17.7)
    Net cash-flow from operating activities   297.8 256.9
    INVESTING ACTIVITIES      
    Total capital expenditures (tangible and intangible assets) net of variation of fixed assets suppliers, excluding Earth Data surveys) 4 (24.3) (48.3)
    Investment in Earth Data surveys   (180.1) (141.7)
    Proceeds from disposals of tangible and intangible assets   1.1 –
    Dividends received from investments in companies under the equity method   0.5 –
    Total net proceeds from financial assets   – (1.9)
    Variation in other non-current financial assets   (2.1) (2.9)
    Net cash-flow used in investing activities   (205.0) (194.8)
        Nine months ended September 30
    (In millions of US$) Notes 2024 2023
    FINANCING ACTIVITIES      
    Repayment of long-term debt 5 (12.2) (1.5)
    Total issuance of long-term debt 5 0.1 23.0
    Lease repayments 5 (43.4) (37.9)
    Financial expenses paid 5 (42.2) (46.5)
    Dividends paid and share capital reimbursements:   –  
    — to owners of Viridien   0.0 –
    — to non-controlling interests of integrated companies   (3.8) (0.8)
    Net cash-flow provided by (used in) financing activities   (101.6) (63.7)
    Effects of exchange rates on cash   1.1 (4.3)
    Net cash flows incurred by discontinued operations 3 22.4 (17.0)
    Net increase (decrease) in cash and cash equivalents   14.7 (22.9)
    Cash and cash equivalents at beginning of year   327.0 298.0
    Cash and cash equivalents at end of period   341.7 275.1

    See the notes to the Interim Consolidated Financial Statements

    Unaudited Interim Consolidated statements of changes in equity

    Amounts in millions of
    US$. except share data    		 Number of Shares issued Share capital Additional paid-in capital Retained earnings Other reserves Treasury shares Income and expense recognized directly in equity Cumulative translation adjustment Equity attributable to owners of Viridien S.A. Non-controlling interests Total equity
    Balance at January 1, 2023 7 123 573 8.7 118.6 967.9 50.0 (20.1) (3.4) (102.4) 1 019.3 39.5 1 058.8
    Net gain (loss) on actuarial changes on pension plan (1)       (0.7)         (0.7)   (0.7)
    Net gain (loss) on cash flow hedges (2)             0.2   0.2   0.2
    Net gain (loss) on translation adjustments (3)               11.7 11.7 (1.2) 10.5
    Other comprehensive income (1)+(2)+(3) – – – (0.7) – – 0.2 11.7 11.2 (1.2) 10.0
    Net income (loss) (4)       28.0         28.0 3.5 31.5
    Comprehensive income (1)+(2)+(3)+(4) – – – 27.3 – – 0.2 11.7 39.2 2.3 41.5
    Exercise of warrants 238   0.1           0.1   0.1
    Dividends                 – (0.9) (0.9)
    Cost of share-based payment 12 951     1.7         1.7   1.7
    Variation in translation adjustments generated by the parent company         (10.7)       (10.7)   (10.7)
    Balance at September 30, 2023 7 136 763(a) 8.7 118.7 996.9 39.3 (20.1) (3.2) (90.7) 1 049.6 40.9 1 090.5
    Amounts in millions of
    US$. except share data    		 Number of Shares issued Share capital Additional paid-in capital Retained earnings Other reserves Treasury shares Income and expense recognized directly in equity Cumulative translation adjustment Equity attributable to owners of Viridien S.A. Non-controlling interests Total equity
    Balance at January 1, 2024 7 136 763 8.7 118.7 980.4 27.3 (20.1) (1.4) (90.8) 1 022.8 41.5 1 064.3
    Net gain (loss) on actuarial changes on pension plan (1)       0.4         0.4   0.4
    Net gain (loss) on cash flow hedges (2)             0.2   0.2   0.2
    Net gain (loss) on translation adjustments (3)               2.9 2.9 0.4 3.3
    Other comprehensive income (1)+(2)+(3) – – – 0.4 – – 0.2 2.9 3.5 0.4 3.9
    Net income (loss) (4)       21.2         21.2 0.4 21.6
    Comprehensive income (1)+(2)+(3)+(4) – – – 21.6 – – 0.2 2.9 24.7 0,8 25.5
    Dividends                 – (3.8) (3.8)
    Cost of share-based payment 24 703     2.0         2.0   2.0
    Variation in translation adjustments generated by the parent company         (7.5)       (7.5)   (7.5)
    Balance at September 30, 2024 7 161 465(b) 8.7 118.7 1 004.0 19.8 (20.1) (1.2) (87.9) 1 042.0 38.5 1 080.5

    (a)   Pro forma following Reverse Share Split

    (b)   Reverse Share Split: Pursuant to a delegation from the Combined General Meeting of shareholders of May 15, 2024, and a sub-delegation from the Board of Directors held on the same day, the Company’s Chief Executive Officer has decided to implement a reverse share split on the basis of 1 new share of €1.00 nominal value for 100 old shares of €0.01 nominal value.

    1All variations refer to the same period last year
    2Unless otherwise stated, all figures and comments are referring to “Segment” (i.e. pre-IFRS 15), as defined in the 2023 Universal Registration Document’s glossary, under section 8.7

    Attachment

    The MIL Network –

  • MIL-OSI: Vantage Drilling International: Senior Secured Notes Issuance

    Source: GlobeNewswire (MIL-OSI)

    Dubai, Oct. 31, 2024 (GLOBE NEWSWIRE) — Vantage Drilling International Ltd. (the “Company”) is pleased to announce that it has entered into a purchase agreement for the issuance of $50,000,000 in aggregate principal amount of 9.500% Senior Secured First Lien Notes due 2028 at a 97% issue price. The issuance follows the successful completion of the Vessel Sale announced by the Company in the stock exchange notice on October 31, 2024, from which the Company will use the net proceeds to redeem $184,855,000 aggregate principal amount of the Company’s 9.500% Senior Secured First Lien Notes due 2028 at par, plus accrued and unpaid interest.  The redemption is expected to be completed on November 29, 2024 (the “redemption date”) and the new issuance is expected to occur in early December 2024.

    The newly issued notes are a key part of Vantage’s plan to maintain a strong balance sheet and ensure sufficient liquidity until the expected sale of the Tungsten Explorer to the joint venture with TotalEnergies in 2025 (‘Tungsten Explorer Vessel Sale’). The Company will repay the notes at par, plus accrued and unpaid interest once the Tungsten Explorer Vessel Sale is completed.

    The transaction is part of Vantage’s ongoing efforts to optimize its capital structure and enhance its liquidity position, aligning with its long-term growth objectives in the global drilling industry.

    Contact Info:

    Rafael Blattner
    Chief Financial Officer
    Vantage Drilling International Ltd.
    +971 4 449 34 28

    The MIL Network –

  • MIL-OSI: Viridien: Viridien announces the departure of Helen LEE BOUYGUES from the Board of Directors and the co-optation of Amélie OYARZABAL

    Source: GlobeNewswire (MIL-OSI)

    Paris (France), October 31, 2024

    Viridien announces the departure of Helen LEE BOUYGUES from the Board of Directors and the co-optation of Amélie OYARZABAL

    Helen LEE BOUYGUES resigned from her position as Director, effective as of September 11, 2024, to fully dedicate herself to new responsibilities.

    On October 31, 2024, upon recommendation of the Appointment, Remuneration and Governance Committee, the Board of Directors co-opted Amélie OYARZABAL as new independent Director for the remainder of Helen LEE BOUYGUES’ term of office, i.e. until the Annual General Meeting called to approve the financial statements for the year ending December 31, 2027. The co-optation of Amélie OYARZABAL as Director will then be submitted for ratification at the 2025 General Meeting.

    The Board also appointed Amélie OYARZABAL as member of the Audit & Risk Management Committee and of the New Businesses and M&A Committee. Sophie ZURQUIYAH, CEO and Director will serve as interim Chairman of the New Businesses and M&A Committee, until a successor is appointed.

    Philippe SALLE, as Chairman of the Board of Directors of Viridien said: “ We are delighted to welcome Amélie OYARZABAL to the Board of Directors of Viridien. Her extensive experience and accomplishments in finance will be highly valuable to our Company. On behalf of the Board of Directors, I would like to extend my warmest thanks to Helen LEE BOUYGUES for her commitment as a Director of the Company since 2018. Her insightful guidance  has greatly contributed to the Group’s transformation strategy.”

    Biography of Amélie Oyarzabal:
    Amélie Oyarzabal graduated from Sciences Po, Paris and from the London School of Economics and Political Science (LSE).
    Amélie Oyarzabal has more than 25 years of financial advisory experience. Partner at Lazard Frères for 16 years, Amélie Oyarzabal also played leadership roles in launching Lazard’s Beijing office and later in Chicago. In 2019, Amélie Oyarzabal joined Greenhill & Co., Inc. as a Managing Director to open the French office of Greenhill for which she is responsible.

    About Viridien:

    Viridien (www.viridiengroup.com) is an advanced technology, digital and Earth data company that pushes the boundaries of science for a more prosperous and sustainable future. With our ingenuity, drive and deep curiosity we discover new insights, innovations, and solutions that efficiently and responsibly resolve complex natural resource, digital, energy transition and infrastructure challenges. Viridien employs around 3,500 people worldwide and is listed as VIRI on the Euronext Paris SA (ISIN: FR001400PVN6).

    Contact: Legal Department, 27 avenue Carnot, 91300 Massy

    Attachment

    The MIL Network –

  • MIL-OSI: Voting Rights and Capital

    Source: GlobeNewswire (MIL-OSI)

    Total Voting Rights

    In conformity with the Disclosure Guidance and Transparency Rules, we hereby notify the market of the following:

    Shell plc’s capital as at October 31, 2024, consists of 6,190,891,302 ordinary shares of €0.07 each. Shell plc holds no shares in Treasury.

    The figure, 6,190,891,302, may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Shell plc under the FCA’s Disclosure Guidance and Transparency Rules.

    Note: This announcement is made pursuant to Disclosure Guidance and Transparency Rules 5.6.1 and 5.6.1A and as such, the above figure includes shares purchased by Shell plc as part of its share buy-back programme but not yet cancelled.

    Enquiries
    Shell Media Relations
    International, UK, European Press: +44 (0)20 7934 5550

    LEI number of Shell plc:  21380068P1DRHMJ8KU70
    Classification: Total number of voting rights and capital

    The MIL Network –

  • MIL-OSI: GROUPE BNP PARIBAS : Release of the third amendment to the Universal registration document and annual financial report 2023

    Source: GlobeNewswire (MIL-OSI)

    Release of the third amendment to the Universal registration document and annual financial report 2023

    Press release
    Paris, 31 October 2024

    BNP Paribas announces the publication of the third amendment to the Universal registration document and annual financial report 2023 dated 22 March 2024.

    This amendment was filed with the Autorité des Marchés Financiers (AMF) on 31 October 2024 and is listed under n° D.24-0158-A03.

    The document is available on BNP Paribas website at the following address https://invest.bnpparibas/en/search/reports/documents/financial-reports and on the AMF website.

    ​
    ​

    Attachment

    The MIL Network –

  • MIL-OSI: Nokia Corporation – Managers’ transactions (Fisk)

    Source: GlobeNewswire (MIL-OSI)

    Nokia Corporation
    Managers’ transactions
    31 October 2024 at 19:00 EET

    Nokia Corporation – Managers’ transactions (Fisk)

    Transaction notification under Article 19 of EU Market Abuse Regulation.
    ____________________________________________
    Person subject to the notification requirement
    Name: Fisk, Louise
    Position: Other senior manager

    Issuer: Nokia Corporation
    LEI: 549300A0JPRWG1KI7U06
    Notification type: INITIAL NOTIFICATION
    Reference number: 83257/4/6
    ____________________________________________

    Transaction date: 2024-10-31
    Outside a trading venue
    Instrument type: SHARE
    ISIN: FI0009000681
    Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE

    Transaction details
    (1): Volume: 1208 Unit price: N/A

    Aggregated transactions
    (1): Volume: 1208 Volume weighted average price: N/A

    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.

    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.

    Inquiries:

    Nokia Communications
    Phone: +358 10 448 4900
    Email: press.services@nokia.com
    Maria Vaismaa, Global Head of External Communications

    Nokia
    Investor Relations
    Phone: +358 40 803 4080
    Email: investor.relations@nokia.com

    The MIL Network –

  • MIL-OSI: CIB Marine Bancshares, Inc. Completes Redemption of All Preferred Stock

    Source: GlobeNewswire (MIL-OSI)

    BROOKFIELD, Wis., Oct. 31, 2024 (GLOBE NEWSWIRE) — CIB Marine Bancshares, Inc. (the “Company” or “CIB Marine”) (OTCQX: CIBH) announced that it has completed the $13.4 million full and final redemption of all of its preferred stock at $825 per share. Effective October 31, 2024, CIB Marine transferred the necessary funds to its redemption agent, Computershare Trust Company, N.A., and all of CIB Marine’s outstanding preferred shares were redeemed pursuant to the Notice of Redemption and Letter of Transmittal dated October 17, 2024.

    Mr. Brian Chaffin, President & CEO of CIB Marine, commented, “This is an important accomplishment for the Company. In addition to providing liquidity to our preferred shareholders, the redemptions created value for our common shareholders and strategic opportunities for the Company. I want to thank the common shareholders who supported the Company through this process and assisted us in the execution of our disciplined process to reach an outcome that benefitted all stakeholders.”

    Any preferred shareholders who have not yet tendered their shares, are encouraged to do so as soon as possible. Questions specific to the redemption process may be directed to Computershare at (800) 546-5141. For any other questions, please contact CIB Marine’s Shareholder Relations Manager, Ms. Elizabeth Neighbors, at (262) 695-4342 or Elizabeth.Neighbors@cibmarine.com.

    CIB Marine Bancshares, Inc. is the holding company for CIBM Bank, which operates nine banking offices and has mortgage loan officers and/or offices in ten states. More information on the Company is available at www.cibmarine.com, including recent shareholder letters, links to regulatory financial reports, and audited financial statements.

    FORWARD-LOOKING STATEMENTS
    CIB Marine has made statements in this release that may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. CIB Marine intends these forward-looking statements to be subject to the safe harbor created thereby and is including this statement to avail itself of the safe harbor. Forward-looking statements are identified generally by statements containing words and phrases such as “may,” “project,” “are confident,” “should be,” “intend,” “predict,” “believe,” “plan,” “expect,” “estimate,” “anticipate” and similar expressions. These forward-looking statements reflect CIB Marine’s current views with respect to future events and financial performance that are subject to many uncertainties and factors relating to CIB Marine’s operations and the business environment, which could change at any time.

    There are inherent difficulties in predicting factors that may affect the accuracy of forward-looking statements.

    Stockholders should note that many factors, some of which are discussed elsewhere in this release and in the documents that are incorporated by reference, could affect the future financial results of CIB Marine and could cause those results to differ materially from those expressed in forward-looking statements contained or incorporated by reference in this document. These factors, many of which are beyond CIB Marine’s control, include but are not limited to:

    • operating, legal, execution, credit, market, security (including cyber), and regulatory risks;
    • economic, political, and competitive forces affecting CIB Marine’s banking business;
    • the impact on net interest income and securities values from changes in monetary policy and general economic and political conditions; and
    • the risk that CIB Marine’s analyses of these risks and forces could be incorrect and/or that the strategies developed to address them could be unsuccessful.

    These factors should be considered in evaluating the forward-looking statements, and undue reliance should not be placed on such statements. Forward-looking statements speak only as of the date they are made. CIB Marine undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Forward-looking statements are subject to significant risks and uncertainties and CIB Marine’s actual results may differ materially from the results discussed in forward-looking statements.

    FOR INFORMATION CONTACT:
    J. Brian Chaffin, President & CEO
    (217) 355-0900
    brian.chaffin@cibmbank.com

    The MIL Network –

  • MIL-OSI: Proactis SA – Financial Information 6m 07 24

    Source: GlobeNewswire (MIL-OSI)

    Proactis SA announces financial information for the 6 months period ended 31 July 2024

    Paris – 31 October 2024 – Proactis SA (Euronext: PROAC), a leading provider of comprehensive spend management and business process collaboration solutions, today announced financial information for the 6 months period ended 31 July 2024, in accordance with the “European Transparency Obligations Directive” financial disclosure requirements.

    Financial data

    € Million   H1 FY2023
    6 months period
    from 1 August 2022
    to 31 January 2023    		   H1 FY2025
    6 months period
    from 1 February 2024 to 31 July 2024    		   % Change
    2025 / 2023    		  
                   
    Revenue   6.5   4.3   (34)%  
    EBITDA (*)   0.2   0.8   408%  
    Net Earnings   (1.2)   (0.9)      
    Operating Cashflow   0.3   0.5   50%  
    Cash   0.2   0.5   257%  
                   
    (*) EBITDA: Operating result before depreciation and non-recurring items.        

    Subsequent to the previous fiscal year year-end date change to align with the Proactis UK Group year-end date change to 31 January, the fiscal year to consider is now 2025 to cover the period from February 1st 2024 to January, 31st 2025 (previous FY period was running from August 2022 until January 2024 – 18 months).

    Accounts for the 6 months period to 31 July 2024 have been reviewed by auditors and were approved by the Proactis SA Board of Directors on 17 October 2024.

    Revenue split is as follow:

    € Million   6 months period ended
    31 January 2023    		   6 months period ended
    31 July 2024
             
    Revenue   6.5   4.3
             
    Operating revenue   4.4   2.9
    Revenue from intercompany re-invoicing   2.1   1.4

    Operating revenue is at €2.9m, 35% lower than the period to 31 January 2023. As previously communicated in August, this revenue decrease is principally due to customer churn where contracts were incorporating third party software. The change to Service revenues reflects a large implementation project in the FY23 comparative that has since been completed.

    The EBITDA (*) has increased from €0.2m in the 6 months period to 31 January 2023 to €0.8m in the 6 months period to 31 July 2024. Increased EBITDA performance is driven by a rationalisation of the cost base and lower external charges on subcontracted projects that were included in H1 FY23 not repeated in H1 FY25.

    At 31 July 2024 the cash position was of €0.5m; aligned with the position recorded on 31 January 2024 (€0.6m).

    * * * *

    About Proactis SA (https://www.proactis.com/proactis-sa), a Proactis Company

    Proactis SA connects companies by providing business spend management and collaborative business process automation solutions for both goods and services, through The Business Network. Our solutions integrate with any ERP or procurement system, providing our customers with an easy-to-use solution which drives adoption, compliance and savings.

    Proactis SA has operations in France, Germany, USA and Manila.

    Listed in Compartment C on the Euronext Paris Eurolist.

    ISIN: FR0004052561, Euronext: PROAC, Reuters: HBWO.LN, Bloomberg: HBW.FP

    Contacts
    E-mail: investorContact@proactis.com

    * * * *

    Attachment

    The MIL Network –

  • MIL-OSI: U.S. Rep. Doug LaMalfa Joins Federal Home Loan Bank of San Francisco to Address Affordable Housing Crisis in Northern California

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, Oct. 31, 2024 (GLOBE NEWSWIRE) — Committed to prioritizing solutions for the affordable housing crisis in Northern California, U.S. Rep. Doug LaMalfa, (CA-1) hosted a roundtable discussion with the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) at the Northern California National Bank in Chico, California yesterday. The roundtable brought together leaders in affordable housing, community organizations, financial institutions, and other stakeholders throughout the area to discuss how organizations and public-private partnerships across government agencies could play a pivotal role in solving the housing crisis in California, specifically in rural areas of Northern California that are vulnerable to economic distress and area wildfires.

    “I enjoyed discussing how we can tackle the critical issues of increasing housing supply, affordability, and economic growth in Northern California,” said LaMalfa following the roundtable event in Chico. “Regulatory reform and promoting public-private partnerships can help speed up this process. These efforts will create opportunities for our region and help us protect our way of life.”

    “This roundtable is happening at a critical time in our district, and we are grateful for the partnership with Representative LaMalfa, an engaged leader and advocate for finding solutions to the housing crisis across California,” said Alanna McCargo, president and chief executive officer of FHLBank San Francisco. “We know firsthand the value when we convene a range of community voices to develop solutions and build innovations designed to improve affordability, increase housing supply and invigorate our local economy. The Federal Home Loan Bank of San Francisco is a reliable partner in the community that can enable the ideas coming from the roundtable through our broad and deep network of members.”

    FHLBank San Francisco recently announced that its 2024 Access to Housing and Economic Assistance for Development (AHEAD) Program awarded $7.3 million in grant funding to boost economic development across the region, which includes a project in Chico, California, within Rep. LaMalfa’s district. Chico Housing Action Team (CHAT) rents affordable housing to people transitioning from homelessness and provides ongoing social services, personal attention, and housing support to maintain the client’s housing stability. CHAT was awarded $100,000 in AHEAD grant funding to enhance CHAT’s services with an improved intake process, support for furnishings, food delivery, property maintenance, transportation, and volunteers. The grant will also support adding new staff and the purchase of a wheelchair accessible bus to transport residents.

    In addition to Congressman LaMalfa and members of FHLBank San Francisco, attendees included:

    • Adam Pearce, Bill Webb Homes
    • Amy Morin, Northern California National Bank
    • Ashley Potočnik, City of Yuba City
    • Leslie Depweg, Chico Real Estate
    • Todd Lewis, Northern California National Bank
    • Ron Sweeny, Sierra Central Credit Union
    • John Giem, Tri Counties Bank
    • Danna Prater, Tri Counties Bank
    • Sarah Graham, Chico Housing Action Team
    • Mehgie Tabar, California Housing Finance Agency
    • Vladimir Kislyanka, Premier Enterprise Inc.
    • Seana O’Shaughnessy, Community Housing Improvement Program (CHIP)
    • Mark Montgomery, Community Housing Improvement Program (CHIP)
    • Christy Covington, Golden 1 Credit Union
    • Dominic Schuessler, Golden 1 Credit Union
    • Larry Guanzon, Housing Authority of Butte
    • Ed Mayer, Housing Authority of Butte
    • Alisha Ake, Sierra North Valley Realtors
    • Katy Thoma, Chico Builders Association

    FHLBank San Francisco is dedicated to supporting housing initiatives throughout its three-state region, including Arizona, California, and Nevada. Since the AHP was created in 1990, FHLBank San Francisco has awarded over $1.35 billion in AHP dollars to support the construction, rehabilitation, or purchase of over 154,600 homes affordable to lower-income households, including $61.8 million in 2024 alone. Together, the 11 regional FHLBanks that make up the Federal Home Loan Bank System are one of the largest privately capitalized sources of grant funding for affordable housing in the United States.

    About the Federal Home Loan Bank of San Francisco

    The Federal Home Loan Bank of San Francisco is a member-owned cooperative supporting local lenders in Arizona, California, and Nevada to build strong communities, create opportunity, and change lives for the better. The tools and resources we provide to our member financial institutions — commercial banks, credit unions, industrial loan companies, savings institutions, insurance companies, and community development financial institutions — propel homeownership, finance quality affordable housing, drive economic vitality, and revitalize neighborhoods. Together with our members and other partners, we are making the communities we serve more vibrant, equitable, and resilient.

    The MIL Network –

  • MIL-OSI: Societe Generale: Availability of the third amendment to the 2024 Universal Registration Document

    Source: GlobeNewswire (MIL-OSI)

    AVAILABILITY OF THE THIRD AMENDMENT TO 2024 UNIVERSAL REGISTRATION DOCUMENT
    Regulated Information

    Paris, 31 October 2024

    Societe Generale hereby informs the public that the third amendment to the 2024 Universal Registration Document filed on 11th March 2024 under number D.24-0094, has been filed with the French Financial Markets Authority (AMF) on 31st October 2024 under number D-24-0094-A03.
    This document is made available to the public, free of charge, in accordance with the conditions provided for by the regulations in force and may be consulted in the “Regulated information” section of
    the Company’s website (https://investors.societegenerale.com/en/financial-and-non-financial-information/regulated-information) and on the AMF’s website.

    Press contacts:

    Jean-Baptiste Froville_+33 1 58 98 68 00_ jean-baptiste.froville@socgen.com
    Fanny Rouby_+33 1 57 29 11 12_ fanny.rouby@socgen.com

    Societe Generale

    Societe Generale is a top tier European Bank with more than 126,000 employees serving about 25 million clients in 65 countries across the world. We have been supporting the development of our economies for nearly 160 years, providing our corporate, institutional, and individual clients with a wide array of value-added advisory and financial solutions. Our long-lasting and trusted relationships with the clients, our cutting-edge expertise, our unique innovation, our ESG capabilities and leading franchises are part of our DNA and serve our most essential objective – to deliver sustainable value creation for all our stakeholders.

    The Group runs three complementary sets of businesses, embedding ESG offerings for all its clients:

    • French Retail, Private Banking and Insurance, with leading retail bank SG and insurance franchise, premium private banking services, and the leading digital bank BoursoBank.
    • Global Banking and Investor Solutions, a top tier wholesale bank offering tailored-made solutions with distinctive global leadership in equity derivatives, structured finance and ESG.
    • Mobility, International Retail Banking and Financial Services, comprising well-established universal banks (in Czech Republic, Romania and several African countries), Ayvens (the new ALD I LeasePlan brand), a global player in sustainable mobility, as well as specialized financing activities.

    Committed to building together with its clients a better and sustainable future, Societe Generale aims to be a leading partner in the environmental transition and sustainability overall. The Group is included in the principal socially responsible investment indices: DJSI (Europe), FTSE4Good (Global and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index (World and Europe).

    In case of doubt regarding the authenticity of this press release, please go to the end of the Group News page on societegenerale.com website where official Press Releases sent by Societe Generale can be certified using blockchain technology. A link will allow you to check the document’s legitimacy directly on the web page.

    For more information, you can follow us on Twitter/X @societegenerale or visit our website societegenerale.com.

    Attachment

    The MIL Network –

  • MIL-OSI: Helport AI Launches on Google Cloud Marketplace, Redefining Intelligent Solutions for Global Businesses

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE and SAN DIEGO, Oct. 31, 2024 (GLOBE NEWSWIRE) — Helport AI Limited (NASDAQ: HPAI) (“Helport” or the “Company”), a global leader in AI-powered business transformation solutions, today announced the launch of Helport AI Assist on Google Cloud Marketplace.

    This significant development extends Helport AI’s advanced, scalable solutions to a global audience, reinforcing the Company’s mission for everyone to work as an expert through AI solutions. Partnering with Google Cloud marks a strategic step in making Helport’s transformative AI solutions even more accessible to enterprises worldwide.

    Helport AI Assist is designed to optimize sales, streamline workflows, and enhance service quality. Now seamlessly integrated with Google Cloud, Helport AI Assist provides companies in insurance, mortgage, wealth management, and real estate with mature, market-tested AI capabilities that drive measurable business outcomes. This widely trusted product has consistently empowered organizations by enabling rapid, high-quality deployment and delivering recognized performance improvements across sectors.

    “Helport AI’s launch on Google Cloud Marketplace marks a major leap in bringing expert-level AI tools to businesses globally,” said Guanghai Li, Chief Executive Officer of Helport AI. “This partnership extends our reach, enabling companies across sectors to harness secure, scalable AI solutions that drive efficiency and transformation. Together with Google Cloud, we are advancing a new era of intelligent business solutions that redefine productivity and elevate customer experiences worldwide.”

    Helport AI’s availability on Google Cloud Marketplace highlights our dedication to security, technical excellence, and global credibility:

    • Enhanced Visibility and Global Trust: Listing on Google Cloud Marketplace elevates Helport AI’s credibility and global presence, positioning the Company as a trusted, secure AI partner for enterprises worldwide. This endorsement by Google reflects client confidence in Helport AI’s solutions, giving enterprises assurance in the reliability and technical quality of its solutions.
    • Stringent Security and Compliance Standards: Helport AI has met Google Cloud’s security and compliance benchmarks, ensuring advanced data protection, regulatory adherence, and smooth integration with Google Cloud’s secure infrastructure. This provides its clients with a high-performance, secure AI platform designed to handle sensitive information with confidence.

    As part of Google Cloud Marketplace, Helport AI is uniquely positioned to leverage Google’s ecosystem, driving forward the possibilities of AI transformation across industries:

    • Broad Industry Empowerment: With global accessibility on Google Cloud, Helport AI delivers targeted solutions for insurance, wealth management, healthcare, retail, real estate, and more, enhancing sales and fostering efficiency and productivity gains across a wide range of industries.
    • Seamless Scalability and Innovation: Designed to adapt to industry demand, Helport AI scales effortlessly, positioning the Company to continuously evolve with the AI market and provide high-impact solutions that address emerging business needs.
    • Enhanced Service Standards and Customer Experience: Aligned with Google Cloud’s service standards, Helport AI offers seamless API and billing integrations, a smooth user experience, and robust technical support, ensuring a positive client experience backed by dependable, high-quality support.
    • Strategic Ecosystem Collaborations: As a member of the Google Cloud Partner, Helport AI leverages co-marketing and joint initiatives to deliver next-level AI solutions, enhancing customer outcomes and driving innovation.

    About Helport AI

    Helport AI (NASDAQ: HPAI) is a premier provider of AI-driven solutions, specializing in enhancing professional capabilities across industries. Focused on delivering measurable outcomes, The company serves enterprise-level customer contact services through intelligent products, solutions, and a digital platform, helping businesses optimize their sales and improve customer engagement. Our mission is to empower everyone to work as an expert. Learn more at www.helport.ai.

    Forward-Looking Statements

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

    For media inquiries, please visit:
    https://ir.helport.ai/

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

    The MIL Network –

  • MIL-OSI: Intesa Sanpaolo reports record Q3 2024 results alongside CEO Carlo Messina’s vision for sustained growth

    Source: GlobeNewswire (MIL-OSI)

    MILAN, Oct. 31, 2024 (GLOBE NEWSWIRE) — Intesa Sanpaolo posted record-breaking results for the first nine months of 2024, with net income reaching €7.2 billion, a 17% increase over the previous year. 

    Read excerpts from CEO Carlo Messina’s remarks highlighting Intesa Sanpaolo’s unique strengths, including its strategic investments in digital transformation, which position Intesa Sanpaolo for sustained growth. 

    “The results of the first nine months of 2024 reaffirmed Intesa Sanpaolo’s position as a European leader: our market value now places us alongside BNP Paribas and Santander, despite these banks having considerably larger balance sheets.

    “For 2024, we expect net income to exceed €8.5 billion, driven by significant actions aimed at further enhancing the sustainability of our performance. The net income target for 2025 has been raised to around €9 billion, reflecting the substantial organic growth potential of our bank.

    “While the interest rate landscape is evolving, we are well-positioned to navigate these changes successfully, thanks to our highly diversified business model and the savings entrusted to us by families and businesses, which reached around €1.4 trillion as of September 30, 2024, up by over €135 billion from a year earlier.

    “We lead the Eurozone in revenue growth and in the ratio of commissions and insurance activity to total revenue.

    “Our strength is further bolstered by approximately 17,000 wealth management advisors—set to grow to 20,000 by 2027. We have identified €100 billion of clients’ financial assets that can drive growth of our asset management activities. 

    “Our rigorous cost management—all while increasing tech investments—has delivered our best-ever nine-month cost/income ratio at 39.1%.

    “Technological innovation is a cornerstone of our success: we lead in Europe, with €3.5 billion invested in IT and approximately 2,250 IT specialists hired to date.”

    Read here for more information on Intesa Sanpaolo’s Q3 results:
    https://group.intesasanpaolo.com/en/newsroom/all-news/news/2024/highlights-3q24-results

    Contact: international.media@intesasanpaolo.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5b2c901a-7e06-4ac5-8137-6c17e4f0127e

    The MIL Network –

  • MIL-OSI: Power Factors Named Energy Management System Leader by Guidehouse Insights

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, Oct. 31, 2024 (GLOBE NEWSWIRE) — Power Factors, the leading renewable energy management suite (REMS) provider, has been recognized as one of the top three energy management system (EMS) vendors in the utility-scale energy storage industry by Guidehouse Insights in its latest Guidehouse Insights Leaderboard: Energy Storage Software report. The report identifies Power Factors as the only vendor-agnostic EMS provider among the market leaders, standing out for its extensive global reach and expansive product portfolio of hardware and open software solutions.

    Guidehouse Insights’ recognition highlights Power Factors’ ability to deliver sophisticated, vendor-agnostic EMS software solutions that go beyond what vertical system integrators typically offer. Power Factors is “succeeding within a highly competitive and constantly evolving market,” said Michael Kelly, associate director with Guidehouse Insights. Kelly also noted that “the combination of enhanced control platforms and complementary analytics enables asset owners to achieve greater bankability, reliability, and performance from their front-of-the-meter storage assets.”  

    The report emphasized how Power Factors’ acquisition-led approach has contributed to its success, noting that Inaccess, which it acquired in 2022, “has historically been an industry leader and contributes to Power Factor’s broadening portfolio and value proposition.” Power Factors also was acknowledged for its expansive geographic reach, which includes more than 300 GW of wind, solar, and battery storage assets across 70 countries, with 15 GW of contracted and installed energy storage capacity across multiple sites.

    “We’re proud to be recognized as the only vendor-agnostic leader in energy management systems,” said Julieann Esper Rainville, CEO at Power Factors. “Our interoperable EMS applications help renewable asset owners and system integrators reduce costs, streamline operations, and future-proof their investments, while our commitment to flexibility ensures seamless integration with existing systems and hardware.”

    “Vendor-agnostic, interoperable EMSs featuring standardized interfaces and low-cost integrations are key features of future-proofed solutions,” according to the report. Power Factors’ ability to integrate with diverse hardware systems makes it a top choice for organizations looking to reduce the complexities and costs associated with third-party integrations.

    While vertical system integrators represent rising competition, currently “third-party EMS providers can offer more sophisticated software solutions than system integrators.” Power Factors exemplifies this approach with its integrated, vendor-agnostic Unity renewable energy management suite (REMS), which brings together trusted hardware and software solutions for monitoring  and control, asset performance, operations and maintenance (O&M), and commercial asset management into a unified platform.

    As investment in utility-scale solar and storage continues to grow, Power Factors remains dedicated to delivering robust, future-proofed energy management software that streamlines renewable energy deployment and operations globally. Guidehouse Insights’ recognition of Power Factors as a top EMS provider further cements Power Factors’ leadership in driving the energy transition forward. With its Unity suite, Power Factors empowers renewable energy stakeholders to maximize performance, reduce costs, and simplify integration across a diverse range of systems.

    Learn more about how Power Factors supports BESS and hybrid plants: https://www.powerfactors.com/energy-storage-software-contact-us.

    About Power Factors  
    Power Factors is a software and solutions provider leading the next generation of clean energy with Unity, one of the most extensive and widely deployed renewable energy management suites (REMS) in the market. With over 300 GW of wind, solar, and energy storage assets managed worldwide across more than 600 customers and 18,000 sites, Power Factors manages 25% of the world’s renewable energy data.*

    Power Factors’ Unity REMS supports the entire energy value chain, from monitoring and controls to analytics. The company’s suite of open, data-driven applications empowers renewable energy stakeholders to collaborate, automate critical workflows, and make more informed decisions to maximize asset returns. Energy stakeholders receive end-to-end support, including solutions for SCADA & PPC, centralized monitoring, performance management, commercial asset management, and field service management.

    With deep domain expertise, AI-powered insights are delivered at scale so businesses can optimize assets, unlock growth, and make smarter decisions as the world rapidly transitions to clean energy. Power Factors fights climate change with code.

    Learn more at powerfactors.com.

    * Outside China and India 

    The MIL Network –

  • MIL-OSI: BOUSSARD & GAVAUDAN HOLDING LIMITED (GBP) : Transaction in Own Shares

    Source: GlobeNewswire (MIL-OSI)

    BOUSSARD & GAVAUDAN HOLDING LIMITED
    October 2024 TRANSACTION IN OWN SECURITIES ACTIVITY REPORT1

    The Company announces that pursuant to the general authority granted by shareholders of the Company on 28 May 2019 to make market purchases of its own Ordinary shares, it repurchased 0 Euro shares in October 2024.

    Figure of the share buy back programme for October 2024

      Share Buy Back Programme Liquidity Enhancement Agreement
    Aggregate number of transactions conducted in October 2024 0 0
    Average size of the transactions 0 0

    Following this transaction, the Company has:

    Euro share outstanding excluding share held in treasury 12,299,516
    Euro share held in treasury 0
    GBP share outstanding excluding share held in treasury 123,090
    GBP share held in treasury 0
    Total number of shares 12,422,606

    31stOctober 2024

    For further information please contact:
    Boussard & Gavaudan Investment Management, LLP

    Emmanuel Gavaudan (London) +44 203 751 5389

    The Company is established as a closed-ended investment company domiciled in Guernsey. The Company has received the necessary approval of the Guernsey Financial Services Commission and the States of Guernsey Policy Council. The Company is registered with the Dutch Authority for the Financial Markets as a collective investment scheme pursuant to article 2:73 in conjunction with 2:66 of the Dutch Financial Supervision Act (Wet op het financieel toezicht). The shares of the Company (the “Shares”) are listed on Euronext Amsterdam. The Shares are also listed on the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange plc’s main market for listed securities.

    This is not an offer to sell or a solicitation of any offer to buy any securities in the United States or in any other jurisdiction. This announcement is not intended to and does not constitute, or form part of, any offer or invitation to purchase any securities or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of the securities referred to in this announcement in any jurisdiction in contravention of applicable law.

    Neither the Company nor Boussard & Gavaudan Fund Plc has been, and neither will be, registered under the US Investment Company Act of 1940, as amended (the “Investment Company Act”). In addition the securities referenced in this announcement have not been and will not be registered under the US Securities Act of 1933, as amended (the “Securities Act”). Consequently any such securities June not be offered, sold or otherwise transferred within the United States or to, or for the account or benefit of, US persons except in accordance with the Securities Act or an exemption therefrom and under circumstances which will not require the issuer of such securities to register under the Investment Company Act. No public offering of any securities will be made in the United States.

    You should always bear in mind that: all investment is subject to risk;

    1. results in the past are no guarantee of future results;
    2. the investment performance of BGHL may go down as well as up. You may not get back all of your original investment; and
    3. if you are in any doubt about the contents of this communication or if you consider making an investment decision, you are advised to seek expert financial advice.

    This communication is for information purposes only and the information contained in this communication should not be relied upon as a substitute for financial or other professional advice.

    1 This report includes the transactions conducted by both BGHL, for the share buy back programme and Exane, for the Liquidity Enhancement Agreement.

    Attachment

    The MIL Network –

  • MIL-OSI: BOUSSARD & GAVAUDAN HOLDING LIMITED (EUR) : Transaction in Own Shares

    Source: GlobeNewswire (MIL-OSI)

    BOUSSARD & GAVAUDAN HOLDING LIMITED
    October 2024 TRANSACTION IN OWN SECURITIES ACTIVITY REPORT1

    The Company announces that pursuant to the general authority granted by shareholders of the Company on 28 May 2019 to make market purchases of its own Ordinary shares, it repurchased 0 Euro shares in October 2024.

    Figure of the share buy back programme for October 2024

      Share Buy Back Programme Liquidity Enhancement Agreement
    Aggregate number of transactions conducted in October 2024 0 0
    Average size of the transactions 0 0

    Following this transaction, the Company has:

    Euro share outstanding excluding share held in treasury 12,299,516
    Euro share held in treasury 0
    GBP share outstanding excluding share held in treasury 123,090
    GBP share held in treasury 0
    Total number of shares 12,422,606

    31stOctober 2024

    For further information please contact:
    Boussard & Gavaudan Investment Management, LLP

    Emmanuel Gavaudan (London) +44 203 751 5389

    The Company is established as a closed-ended investment company domiciled in Guernsey. The Company has received the necessary approval of the Guernsey Financial Services Commission and the States of Guernsey Policy Council. The Company is registered with the Dutch Authority for the Financial Markets as a collective investment scheme pursuant to article 2:73 in conjunction with 2:66 of the Dutch Financial Supervision Act (Wet op het financieel toezicht). The shares of the Company (the “Shares”) are listed on Euronext Amsterdam. The Shares are also listed on the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange plc’s main market for listed securities.

    This is not an offer to sell or a solicitation of any offer to buy any securities in the United States or in any other jurisdiction. This announcement is not intended to and does not constitute, or form part of, any offer or invitation to purchase any securities or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of the securities referred to in this announcement in any jurisdiction in contravention of applicable law.

    Neither the Company nor Boussard & Gavaudan Fund Plc has been, and neither will be, registered under the US Investment Company Act of 1940, as amended (the “Investment Company Act”). In addition the securities referenced in this announcement have not been and will not be registered under the US Securities Act of 1933, as amended (the “Securities Act”). Consequently any such securities June not be offered, sold or otherwise transferred within the United States or to, or for the account or benefit of, US persons except in accordance with the Securities Act or an exemption therefrom and under circumstances which will not require the issuer of such securities to register under the Investment Company Act. No public offering of any securities will be made in the United States.

    You should always bear in mind that: all investment is subject to risk;

    1. results in the past are no guarantee of future results;
    2. the investment performance of BGHL may go down as well as up. You may not get back all of your original investment; and
    3. if you are in any doubt about the contents of this communication or if you consider making an investment decision, you are advised to seek expert financial advice.

    This communication is for information purposes only and the information contained in this communication should not be relied upon as a substitute for financial or other professional advice.

    1 This report includes the transactions conducted by both BGHL, for the share buy back programme and Exane, for the Liquidity Enhancement Agreement.

    Attachment

    The MIL Network –

  • MIL-OSI: Check Point Software Technologies Ltd. Shareholders Approve All 2024 Annual General Meeting Proposals

    Source: GlobeNewswire (MIL-OSI)

    REDWOOD CITY, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) — Check Point Software Technologies Ltd. (NASDAQ: CHKP) today announced that shareholders approved all seven proposals presented at the 2024 Annual General Meeting. Approximately 87.6 million shares, representing approximately 79.6% of the shares outstanding as of the record date, were voted at the meeting. Check Point would like to thank shareholders for the support and confidence they have in the company and its employees.

    For more information on the agenda items, please see the company’s proxy statement for the annual general meeting of shareholders: http://www.checkpoint.com/about-us/investor-relations/annual-general-meeting/

    About Check Point Software Technologies Ltd. 
    Check Point Software Technologies Ltd. (www.checkpoint.com) is a leading AI-powered, cloud-delivered cyber security platform provider protecting over 100,000 organizations worldwide. Check Point leverages the power of AI everywhere to enhance cyber security efficiency and accuracy through its Infinity Platform, with industry-leading catch rates enabling proactive threat anticipation and smarter, faster response times. The comprehensive platform includes cloud-delivered technologies consisting of Check Point Harmony to secure the workspace, Check Point CloudGuard to secure the cloud, Check Point Quantum to secure the network, and Check Point Infinity Platform Services for collaborative security operations and services.

    Legal Notice Regarding Forward-Looking Statements 
    This press release contains forward-looking statements. Forward-looking statements generally relate to future events or our future financial or operating performance. Our expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected. These risks include our ability to continue to develop platform capabilities and solutions; customer acceptance and purchase of our existing solutions and new solutions; the market for IT security continuing to develop; competition from other products and services; and general market, political, economic, and business conditions, including acts of terrorism or war. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 2, 2024. The forward-looking statements in this press release are based on information available to Check Point as of the date hereof, and Check Point disclaims any obligation to update any forward-looking statements, except as required by law.

    MEDIA CONTACT:
    Gil Messing
    Check Point Software Technologies
    press@checkpoint.com

    INVESTOR CONTACT:
    Kip E. Meintzer
    Check Point Software Technologies
    ir@checkpoint.com

    The MIL Network –