Category: GlobeNewswire

  • MIL-OSI: Diamondback Energy, Inc. Schedules Third Quarter 2024 Conference Call for November 5, 2024

    Source: GlobeNewswire (MIL-OSI)

    MIDLAND, Texas, Sept. 25, 2024 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans to release third quarter 2024 financial results on November 4, 2024 after the market closes.

    In connection with the earnings release, Diamondback will host a conference call and webcast for investors and analysts to discuss its results for the third quarter of 2024 on Tuesday, November 5, 2024 at 8:00 a.m. CT. Access to the webcast, and replay which will be available following the call, may be found here. The live webcast of the earnings conference call will also be available via Diamondback’s website at www.diamondbackenergy.com under the “Investor Relations” section of the site.

    About Diamondback Energy, Inc.

    Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. For more information, please visit www.diamondbackenergy.com.

    Investor Contact:
    Adam Lawlis
    +1 432.221.7467
    alawlis@diamondbackenergy.com

    The MIL Network

  • MIL-OSI: Amalgamated Bank Issues Annual Environmental, Social and Governance Report for 2023

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Sept. 25, 2024 (GLOBE NEWSWIRE) — Amalgamated Bank, a subsidiary of Amalgamated Financial Corp. (Nasdaq: AMAL), today announced the publication of its 2023 Environmental, Social and Governance (“ESG”) Report. The annual report provides a comprehensive overview of Amalgamated Bank’s performance in its approach to addressing ESG risk as a part of delivering value for clients and investors.

    “Amalgamated Bank’s unwavering commitment to operating with the best interest of our clients in mind is a cornerstone of our mission. We take pride in partnering with companies who prioritize environmental stewardship, champion social justice, and demonstrate exemplary corporate governance,” said Priscilla Sims Brown, Amalgamated Bank’s President and CEO. “And we continue our commitment to using our financial resources and corporate influence to advance economic, social and environmental change.”

    Highlights of the report include:

    Business Impact: Redefining Success

    In 2023, Amalgamated Bank achieved B-Corp recertification with a score of 155.3, almost double the score needed to qualify and over three times the score of an ordinary business; setting a new standard for corporate responsibility. Its funding to climate solutions totaled more than $2 billion representing more than 39% of its lending portfolio and Property Assessed Clean Energy (“PACE”) assessments. Nearly 70% of Amalgamated Bank’s lending portfolios are high-impact and 100% mission aligned.

    Climate Action: Leading the Charge on Sustainability

    Amalgamated Bank is also committed to aligning all of its business practices with the goals of the Paris Climate Agreement. While growing its total amount of loans and investments, Amalgamated Bank reported a fifth consecutive year of increasing the share dedicated to climate solutions. In 2023, Amalgamated Bank reported an industry leading emissions intensity of 14.7 tons of CO2e per million dollars invested and supported clean energy projects that resulted in 243,010 tons of avoided emissions.

    Diversity, Equity, and Inclusion: A Workforce that Reflects Our Values

    For the second year in a row, its pay equity analysis showed substantial parity in pay for women and minorities. Based on last year’s pay equity analysis, the Bank earned an “A” on Arjuna Capital’s Racial and Gender Pay Scorecard, the highest score in the financial sector. The Bank received a perfect score on the Human Rights Campaign Foundation’s Corporate Index. The Bank’s workforce diversity data reveals that its commitment to building a diverse and vibrant workforce that reflects the communities it serves remains intact. In addition to EEO-1 aligned reporting, the Bank also discloses industry leading, workforce-related data on hiring, promotion, and departures.

    “We continue to develop financial products that prioritize environmental and social benefits alongside financial returns,” said Ivan Frishberg, Amalgamated Bank’s Chief Sustainability Officer. “Every product and service we offer is designed with more than the bottom line in mind, ensuring our impact extends far beyond financial success. We are proud to lead by example and set new standards for what it means to be a responsible and forward-thinking financial institution.”

    About Amalgamated Financial Corp.

    Amalgamated Financial Corp. is a Delaware public benefit corporation and a bank holding company engaged in commercial banking and financial services through its wholly-owned subsidiary, Amalgamated Bank. Amalgamated Bank is a New York-based full-service commercial bank and a chartered trust company with a combined network of five branches across New York City, Washington D.C., and San Francisco, and a commercial office in Boston. Amalgamated Bank was formed in 1923 as Amalgamated Bank of New York by the Amalgamated Clothing Workers of America, one of the country’s oldest labor unions. Amalgamated Bank provides commercial banking and trust services nationally and offers a full range of products and services to both commercial and retail customers. Amalgamated Bank is a proud member of the Global Alliance for Banking on Values and is a certified B Corporation®. As of June 30, 2024, our total assets were $8.3 billion, total net loans were $4.4 billion, and total deposits were $7.4 billion. Additionally, as of June 30, 2024, our trust business held $34.6 billion in assets under custody and $14.0 billion in assets under management.

    Investor Contact:
    Jamie Lillis
    Solebury Strategic Communications
    shareholderrelations@amalgamatedbank.com
    800-895-4172

    Source: Amalgamated Financial Corp.

    The MIL Network

  • MIL-OSI: H&R Block Publishes Fifth Annual ESG Report

    Source: GlobeNewswire (MIL-OSI)

    KANSAS CITY, Mo., Sept. 25, 2024 (GLOBE NEWSWIRE) — H&R Block, Inc. (NYSE: HRB) today published its fifth Annual Environmental, Social, and Governance (ESG) Report for fiscal year 2024 (July 1, 2023 – June 30, 2024). The Annual ESG Report reflects H&R Block’s ongoing commitment to transparency, sustainability, and responsible business practices in key areas such as environmental impact, social responsibility, corporate governance, stakeholder engagement, and more.

    “At H&R Block, our Purpose is to provide help and inspire confidence in our clients and communities everywhere. As part of this Purpose, we believe in doing our part to be a responsible corporate citizen – which has been a part of our culture and aspirations from the very beginning,” said Jeff Jones, president, and CEO of H&R Block. “Together, we can continue to deliver on our Purpose and make a positive impact.”

    Notable highlights from the 2024 Annual ESG Report include:

    • On the Environmental front, H&R Block’s ‘Path to Print Less’ initiative reduced the number of total pages printed across its retail footprint by 36%. The company also introduced a new associate-led composting program at its corporate headquarters’ public cafeteria and sharpened its GHG emissions inventory by adding additional categories to its Scope 3 calculation.
    • Within the Social category, the company furthered its commitment to easing the financial burdens of clients, continued to honor co-founders Henry and Richard Bloch’s legacy of service, and gave back to local communities through its Make Every Block Better impact platform.
      • Spruce1, H&R Block’s mobile banking platform, is delivering on its mission to help people be better with money
        • Since launch through June 30, 2024, Spruce had 476K sign ups and is nearing a milestone of $1B in customer deposits. The company saw positive deposit trends, indicating Spruce is empowering clients to grow their financial health, and build financial literacy.
      • The launch of H&R Block’s AI Tax Assist tool in all DIY Online paid SKUs
        • The genAI powered experience was designed to streamline the tax preparation process for clients to file and manage their taxes confidently. The technology performed well as feedback indicated that the tool was easy to use, helpful in the tax prep process, and clients found value in it.
      • The inaugural year of ‘Fund Her Future’, H&R Block’s small business grant program
        • H&R Block provided $100K in funds and services to empower select women-owned businesses—particularly those focused on making a difference in their communities—to reach their full potential.
      • Supporting Connected Culture and more in-person engagement through Block Party events
        • Centered around bringing local associates and teams together, H&R Block introduced quarterly Block Party events at their corporate headquarters in Kansas City. Attendees had the opportunity to attend several Belonging events, networking sessions, professional panels, and other various engagement activities.
    • Regarding Governance, H&R Block strives to maintain a culture of integrity, transparency, and accountability throughout all levels of the organization. The company is committed to strong ethical practices, responsible decision-making, and effective governance structures.

    For more information and to read H&R Block’s FY24 Annual ESG Report, click here.

    Spruce fintech platform is built by H&R Block, which is not a bank. Spruce℠ Spending and Savings Accounts established at, and debit card issued by, Pathward®, N.A., Member FDIC.

    About H&R Block

    H&R Block, Inc. (NYSE: HRB) provides help and inspires confidence in its clients and communities everywhere through global tax preparation services, financial products, and small-business solutions. The company blends digital innovation with human expertise and care as it helps people get the best outcome at tax time, and be better with money using its mobile banking app, Spruce. Through Block Advisors and Wave, the company helps small-business owners thrive with year-round bookkeeping, payroll, advisory, and payment processing solutions. For more information, visit H&R Block News.

    The MIL Network

  • MIL-OSI: CommUNITYFirst Day 2024, Held on September 24th, Benefits Thousands

    Source: GlobeNewswire (MIL-OSI)

    RED BANK, N.J., Sept. 25, 2024 (GLOBE NEWSWIRE) — OceanFirst Bank N.A. (“OceanFirst” or the “Bank”), a subsidiary of OceanFirst Financial Corp. (NASDAQ:OCFC), held its third annual CommUNITYFirst Day on September 24th, 2024, providing volunteer assistance to community organizations across the Bank’s market area. All OceanFirst branch locations and loan offices were closed on the afternoon of September 24th to enable employees to volunteer at local nonprofit organizations, with more than 700 team members joining in the effort.

    More than 75 nonprofit organizations in New Jersey, Pennsylvania, New York and Massachusetts requested OceanFirst employees, known as WaveMakers, to help complete a variety of projects that will assist people and neighborhoods with the greatest needs. The nonprofit organizations focus on providing housing, alleviating food insecurity, protecting the environment, aiding future generations, building inclusive communities, fostering economic empowerment, improving health and wellness, and promoting arts and culture.

    “CommUNITYFirst Day began in 2021 and has become an annual tradition at OceanFirst. It is a great opportunity for the Bank to extend a helping hand to our neighbors in the communities where our employees live and work,” said Joe Lebel, OceanFirst Bank President and Chief Operating Officer. “With more than 700 employees participating in CommUNITYFirst Day 2024, we were proud to assist our nonprofit partners and the people they serve.”

    Meals on Wheels of Ocean County (“Meals on Wheels”) was one of the more than 75 nonprofit organizations that hosted OceanFirst employees for CommUNITYFirst Day 2024. According to Heather deJong, Community Relations Specialist at Meals on Wheels, “Meals on Wheels of Ocean County is so appreciative of the army of volunteers we had during CommUNITYFirst Day. We deliver 1,000 meals each day, Monday thru Friday, to our homebound and food insecure seniors and OceanFirst’s volunteers saved our kitchen staff a day’s worth of work by prepping and putting the cold components of our meal into 1,000 grab-and-go bags that our drivers will now deliver along with the hot entrée and sides tomorrow.”

    Since CommUNITYFirst Day was established, OceanFirst Bank employees have volunteered almost 9,000 hours in conjunction with CommUNITYFirst Day. Volunteer opportunities are coordinated for OceanFirst employees in collaboration with OceanFirst Foundation, whose mission is to empower nonprofits to think bigger, solve more problems, and make life better in the neighborhoods served by OceanFirst Bank.

    OceanFirst Bank N.A., a subsidiary of OceanFirst Financial Corp., founded in 1902, is a $13.3 billion regional bank providing financial services throughout New Jersey and in the major metropolitan areas between Massachusetts and Virginia. OceanFirst Bank delivers commercial and residential financing, treasury management, trust and asset management and deposit services and is one of the largest and oldest community-based financial institutions headquartered in New Jersey. To learn more about OceanFirst go to www.oceanfirst.com.

    Company Contact:
    Jill Apito Hewitt
    OceanFirst Bank N.A.
    Director of Corporate Communications
    1.888.623.2633 ext. 27513
    jhewitt@oceanfirst.com

    The MIL Network

  • MIL-OSI: Poet Technologies Announces Closing of US$15 Million Private Placement

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

    TORONTO, Sept. 25, 2024 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Corporation“) (TSXV: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, is pleased to announce that it has completed a non-brokered private placement with a single institutional investor pursuant to which the Corporation issued 4,000,000 common shares (the “Common Shares“) and an accompanying warrant exercisable for an aggregate of up to 2,000,000 Common Shares (each, a “Warrant Share”) at an exercise price of $5.00 (or approximately C$6.78) per Common Share (the “Warrant“) for aggregate gross proceeds of US$15,000,000 (the “Offering”). The combined price of one Common Share and accompanying Warrant in respect of one-half Common Share was US$3.75 (or approximately C$5.09). Subject to the terms of the Warrant, the Warrant is exercisable, in whole or in part, for a period of five years from the date of issuance.

    The Corporation intends to use the net proceeds of the Offering for working capital and general corporate purposes. No commission or finder’s fee was paid by the Corporation and no underwriter or sales agent was engaged by the Corporation in connection with the Offering.

    All Common Shares and the accompanying Warrant issued under the Offering were distributed to a purchaser located outside of Canada in reliance on OSC Rule 72-503 – Distributions Outside of Canada and, accordingly, all Common Shares, the accompanying Warrant and all Warrant Shares issued under the Offering are not subject to a Canadian statutory hold period in accordance with applicable Canadian securities laws. The Offering remains subject to the final acceptance of the TSX Venture Exchange (the “Exchange“).

    This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. This news release shall not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent registration under U.S. federal and state securities laws or an applicable exemption from such U.S. registration requirements.

    About POET Technologies Inc.

    POET is a design and development company offering high-speed optical engines, light source products and custom optical modules to the artificial intelligence systems market and to hyperscale data centers.  POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET’s Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems.  POET’s Optical Interposer platform also solves device integration challenges across a broad range of communication, computing and sensing applications.  POET is headquartered in Toronto, Canada, with operations in Allentown, PA, Shenzhen, China, and Singapore.  More information about POET is available on our website at www.poet-technologies.com.

    Cautionary Note Regarding Forward-Looking Information

    This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include, without limitation, the Corporation’s expectations with respect to its products, the scalability of the POET Optical Interposer and the success of the Corporation’s products, the Corporation’s use of proceeds for the Offering and the Corporation’s ability to obtain the final approval of the Exchange. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management’s expectations regarding the size of the market for its products, the capability of its joint venture to produce products on time and at the expected costs, the performance and availability of certain components, and the success of its customers in achieving market penetration for their products. Actual results could differ materially due to a number of factors, including, without limitation, the attractiveness of the Corporation’s product offerings, performance of its technology, the performance of key components, and ability of its customers to sell their products into the market. For further information concerning these and other risks and uncertainties, refer to the Corporation’s filings on SEDAR+ at www.sedarplus.ca and on the website of the U.S. Securities and Exchange Commission at www.sec.gov. Although the Corporation believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Corporation’s securities should not place undue reliance on forward-looking statements because the Corporation can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Corporation assumes no obligation to update or revise this forward-looking information and statements except as required by applicable securities laws.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

    120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 – Fax: 416-322-5075

    The MIL Network

  • MIL-OSI: Municipality Finance issues NOK 2 billion green bond under its MTN programme

    Source: GlobeNewswire (MIL-OSI)

    Municipality Finance Plc
    Stock exchange release
    25 September 2024 at 10:00 am (EEST)

    Municipality Finance issues NOK 2 billion green bond under its MTN programme

    Municipality Finance Plc issues NOK 2 billion green bond on 26 September 2024. The maturity date of the green bond is 26 September 2029. The notes bear interest at a fixed rate of 3.666% per annum.

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

    MuniFin has applied for the notes to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The public trading is expected to commence on 26 September 2024.

    Skandinaviska Enskilda Banken AB acts as the Dealer for the issue of the notes.

    MUNICIPALITY FINANCE PLC

    Further information:

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

    MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions. The owners of the company include Finnish municipalities, the public sector pension fund Keva and the Republic of Finland. The Group’s balance sheet totals over EUR 50 billion.

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

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

    Read more: www.munifin.fi

    Important Information

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

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

    The MIL Network

  • MIL-OSI: Meddelelse om fejl i NAV – CT EM Aktier

    Source: GlobeNewswire (MIL-OSI)

    Nasdaq Copenhagen A/S
    Nikolaj Plads 6
    1067 København K

    København, den 25. september 2024

    Meddelelse om fejl NAV i perioden 13. september 2024 klokken 09:45- 23. september klokken 15:24
    i Investeringsforeningen Wealth Invest

    I Wealth Invest CT EM Aktier (ISIN: DK0060585909) har der i tidsrummet 13. september kl. 09:45 – 23. september kl. 15:24 2024 været offentliggjort fejlagtige NAV-værdier.

    ISIN Afdeling Tidsinterval Afvigelse i NAV For lav eller for høj
    DK0060585909 Wealth Invest CT EM Aktier 13/9 09:45- 23/9 15:24 0,5-1,06% For høj

    Der er i nævnte tidsrum foretaget én indløsning i afdelingen.

    Med venlig hilsen
    Investeringsforeningen Wealth Invest

    The MIL Network

  • MIL-OSI: Virtune AB (Publ) expands to the Netherlands with the listing of Virtune Staked Solana ETP on Euronext Amsterdam

    Source: GlobeNewswire (MIL-OSI)

    Amsterdam, September 25, 2024 — Virtune, a regulated Swedish digital asset manager and issuer of crypto exchange-traded products (ETPs) headquartered in Stockholm, is expanding to the Netherlands with the listing of Virtune Staked Solana ETP on Euronext Amsterdam.

    With strong growth and steady inflows in the Nordic region, driven by increasing interest and acceptance of crypto assets, this expansion marks a strategic milestone for Virtune.

    Since its inception in May 2023, Virtune has rapidly grown in the Nordics, listing a total of 12 products and reaching over 31,000 investors in just over a year.

    Key success factors have included a focus on education, a transparent market strategy, and the company’s regulated status. This expansion not only meets the growing investor interest but also strengthens Virtune’s market presence in Europe.

    Virtune Staked Solana ETP:
    – Exposure to Solana with an additional 3% annual yield through staking
    – 0.95% annual management fee
    – 100% physically backed by SOL
    – Non-custodial staking

    Product Information:
    – Bloomberg Ticker: VIRSOL
    – ISIN: SE0021309754
    – Exchanges: Nasdaq Stockholm, Euronext Amsterdam, Euronext Paris

    Virtune uses Coinbase as custodian, where the underlying SOL tokens are stored with the highest institutional security level in cold-storage (offline). The underlying SOL tokens are staked directly from cold-storage, and the staking rewards are reflected in the price of the ETP.

    Christopher Kock, CEO of Virtune:
    “We are very pleased to expand to the Netherlands through the listing of Virtune Staked Solana ETP on Euronext Amsterdam after a successful launch in the Nordics. Since our inception in May 2023, we have worked hard to drive adoption for crypto assets through educational efforts in the Nordics, and we look forward to extending these efforts to the Dutch financial market. This ETP provides investors with exposure to Solana, one of the leading and most influential blockchains globally, while including staking which improves the performance of the product.”

    About Virtune AB (Publ)
    Virtune is a registered financial institution with the Swedish Financial Supervisory Authority and has an approved EU base prospectus, renewed by the Financial Supervisory Authority on April 5, 2024, enabling Virtune’s strategy to list ETPs on regulated European exchanges. Virtune’s mission is to provide seamless access to crypto assets for both institutional and private investors through innovative crypto ETPs, transparency, and education.

    Virtune offers a wide range of crypto ETPs, including Virtune Bitcoin ETP, Virtune Staked Ethereum ETP, Virtune Staked Solana ETP, Virtune Crypto Top 10 Index ETP, Virtune XRP ETP, Virtune Chainlink ETP, Virtune Avalanche ETP, Virtune Staked Polkadot ETP, Virtune Staked Polygon ETP, Virtune Arbitrum ETP, and Virtune Staked Cardano ETP.

    About Solana
    Solana is a high-performance blockchain platform designed to enable fast and scalable decentralized applications and crypto transactions. Utilizing a unique consensus mechanism called Proof of History (PoH) along with Proof of Stake (PoS), Solana can handle thousands of transactions per second at low transaction costs, a significant improvement over older blockchains like Bitcoin and Ethereum. This combination of technologies not only allows for instant transaction verification but also significantly increases network throughput without compromising security or decentralization.

    About Staking
    Staking enables crypto asset owners to earn passive income by participating in the validation and confirmation of transactions on a blockchain through a process known as Proof of Stake. This mechanism is a fundamental part of Proof of Stake blockchains, such as Ethereum and Solana, and plays a crucial role in ensuring the security and authenticity of blockchain transactions. To conduct a transaction on the blockchain securely and correctly, a validator must stake a certain amount of crypto assets as a guarantee of the transaction’s legitimacy.

    Validators aim to stake as much crypto assets as possible to increase the chance of obtaining rewards, which are paid out in the same type of crypto asset that was staked. The annual reward percentage for staking can vary and may range from 0% to 14% or higher for some blockchains. Most crypto asset owners cannot act as validators themselves because it requires large amounts of crypto assets. Therefore, many choose to stake their assets through an established and trustworthy validator. Virtune includes staking rewards in its products that have “staked” included in their names.

    Stockholm, 25th of September 2024

    For further inquiries, please contact:

    Christopher Kock, CEO & Member of the Board of Directors
    Email: hello@virtune.com

    About Virtune AB (Publ)
    Virtune with its headquarters in Stockholm is a regulated Swedish digital asset manager and issuer of crypto exchange traded products on regulated European exchanges. With regulatory compliance, strategic collaborations with industry leaders and our proficient team, we empower investors on a global level to access innovative and sophisticated investment products that  are aligned with the evolving landscape of the global crypto market.

    Cryptocurrency investments are associated with high risk. Virtune does not provide investment advice. Investments are made at your own risk. Securities may increase or decrease in value, and there is no guarantee that you will recover your invested capital. Please read the prospectus, KID, terms at www.virtune.com.

    The MIL Network

  • MIL-OSI: Form 8.3 – [KEYWORDS STUDIOS PLC – 24 09 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
    KEYWORDS STUDIOS 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
    24 SEPTEMBER 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: 1p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 1,386,045 1.7216    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 1,386,045 1.7216    

    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
    1p ORDINARY SALE 2,124 2430.0002p

    (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: 25 SEPTEMBER 2024
    Contact name: PHIL HULME
    Telephone number: 01253 376551

    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: Les Mills expands global reach of premium fitness services through the Digital Vending Machine® from Bango

    Source: GlobeNewswire (MIL-OSI)

    CAMBRIDGE, United Kingdom, Sept. 25, 2024 (GLOBE NEWSWIRE) — Bango (AIM:BGO) is pleased to announce a strategic partnership with Les Mills, a premier global fitness service provider, to globally expand the accessibility of its digital fitness subscriptions. LES MILLS+ is now available through the Digital Vending Machine® (DVM™), enabling telcos and other resellers to offer this high-quality fitness service to their customers as a bundle, add-on, or as part of a Super Bundling content hub.

    The popularity of at-home workouts has skyrocketed in recent years, driven by their convenience and accessibility. The proliferation of digital fitness platforms, innovative home gym equipment, and the widespread adoption of remote work have fueled this trend. Virtual fitness classes, personalized training apps, and online workout communities now offer individuals a multitude of ways to stay active from home.

    LES MILLS+ offers an unparalleled workout experience with exceptional trainers, motivating music, and science-backed routines designed for optimal results. With this new partnership, telcos can now provide their customers access to these world-class workouts, whether they prefer to exercise at the gym, at home, or on the go. By tapping into the growing demand for fitness and wellness, telcos can diversify their content offerings with LES MILLS+, while Les Mills expands its reach through these new telco channels.

    The DVM™ enables telcos and other resellers to quickly, easily, and cost-effectively broaden their range of third-party services. It allows them to scale their subscription service offerings at a much faster rate than traditional in-house solutions. A single connection to the DVM™ opens up a wide array of subscription services for telcos, allowing them to deliver various bundles, discounts, and offers to attract and retain customers. For content providers like Les Mills, this means significantly extending their subscription service reach to consumers worldwide beyond their direct market channels. Consumers benefit by gaining access to the best deals on their favorite subscriptions.

    “Distribution is key. Reaching a wider audience is crucial, and the Digital Vending Machine® is the perfect solution. It simplifies the process of distributing our service to a broader audience, reducing complexity and saving time, allowing more people worldwide to stay fit and healthy with Les Mills workouts and programs.” Luke Waldren, Chief Customer Officer at Les Mills.

    “Les Mills is a fantastic addition to the Digital Vending Machine®, enriching the range of content available to telcos with fitness services. The variety of content enhances appeal and aligns perfectly with Super Bundling content hubs, providing telcos with an excellent way to offer a broad range of subscription services in one convenient place.” Anil Malhotra, CMO at Bango.

    About Bango

    Bango enables content providers to reach more paying customers through global partnerships. Bango revolutionized the monetization of digital content and services, by opening-up online payments to mobile phone users worldwide. Today, the Digital Vending Machine® is driving the rapid growth of the subscriptions economy, powering choice and control for subscribers.

    The world’s largest content providers, including Amazon, Google and Microsoft trust Bango technology to reach subscribers everywhere.

    Bango, where people subscribe. For more information, visit www.bango.com

    About Les Mills

    Les Mills is the global leader in group fitness and creator of over 25 programs available in leading fitness facilities around the world. Les Mills programs include the world’s first group exercise resistance training workout BODYPUMP™, BODYCOMBAT™ (martial arts), RPM™ (indoor cycling), BODYBALANCE™ (yoga), LES MILLS GRIT™ (30-minute high-intensity interval training) and its latest fitness innovation – LES MILLS FUNCTIONAL STRENGTH.

    The company was founded by Les Mills – a four-time Olympian and head coach of New Zealand’s track and field team – who opened his first gym in 1968 with the aim of taking elite sports training to the masses. Today, Les Mills workouts are delivered by 130,000 certified instructors in 21,000 clubs across 100 countries, as well as via the LES MILLS+ streaming platform and Extended Reality (XR).

    Media contact: 

    Anil Malhotra, CMO, Bango 
    anil@bango.com 
    Tel: +44 7710 480 377 

    The MIL Network

  • MIL-OSI: Auction of Treasury Bills on 27 September 2024

    Source: GlobeNewswire (MIL-OSI)

    The treasury bills for sale have the following stock exchange codes:        

    Name Stock exchange code Maturity
    DGTB 02/12/24 24 / IV 98-19666 2 December 2024
    DGTB 03/03/25 25 / I 98-19740 3 March 2025

    The sale will settle on 1 October 2024 at the stop-rate for each serie. In case of bid on stop-rate a pro-rata ratio may occur.

    The deadline for bidding is 10.15 on the day of the auction.

    The MIL Network

  • MIL-OSI: Form 8.5 (EPT/RI) – musicMagpie Plc

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.5 (EPT/RI)

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

    1.        KEY INFORMATION

    (a)        Name of exempt principal trader: Shore Capital Stockbrokers Ltd
    (b)        Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    musicMagpie Plc
    (c)        Name of the party to the offer with which exempt principal trader is connected: musicMagpie Plc
    (d)        Date dealing undertaken: 24 September 2024
    (e)        Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer? No

    2.        DEALINGS BY THE EXEMPT PRINCIPAL TRADER

    (a)        Purchases and sales

    Class of relevant security Purchases/ sales Total number of securities Highest price per unit paid/received Lowest price per unit paid/received
    Ordinary Purchases N/A N/A N/A
    Ordinary Sales 1,761 5.708p 5.708p

    (b)        Derivatives transactions (other than option)

    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
             

    (c)        Options transactions in respect of existing securities

    (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
                   

    (ii)        Exercising

    Class of relevant security Product description
    e.g. call option
    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)
           

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

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

    3.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    If there are no such agreements, arrangements or understandings, state “none”

    None

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

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

    None

    Date of disclosure: 25 September 2024
    Contact name: Justin Ball
    Telephone number: 0207 647 8130

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on +44 (0)20 7638 0129.
    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI: NexQloud to Compete in Blockchain Life 2024 Startup Pitch: Showcasing Decentralized Cloud Computing

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, Sept. 25, 2024 (GLOBE NEWSWIRE) — NexQloud, a trailblazer in decentralized cloud computing, is set to participate in the Blockchain Life 2024 Startup Pitch competition in Dubai. This prestigious competition, held as part of the Blockchain Life forum, is one of the largest global platforms for blockchain, Web3, and cryptocurrency projects, attracting over 10,000 attendees from 120+ countries. NexQloud will compete on the main stage, presenting its groundbreaking decentralized cloud technology to top-tier venture funds, investors, and industry experts. With over 10,000 attendees expected from more than 120 countries, Blockchain Life is one of the world’s largest forums for blockchain, Web3, and cryptocurrency.

    The Startup Pitch offers NexQloud a prime opportunity to demonstrate its decentralized cloud platform and how it leverages unused computing power from everyday devices to build a secure, cost-effective, and environmentally sustainable alternative to traditional cloud computing.

    Competing for Investment and Recognition

    The Blockchain Life Startup Pitch competition is designed to spotlight innovative blockchain and cryptocurrency projects with the potential to transform industries. Participants are evaluated based on their relevance, business model, feasibility, and team competency, with winners gaining significant attention from investors and key players in the blockchain space. Past winners have seen remarkable growth, including companies that have secured major investments following their participation.

    “We’re thrilled to take part in the Startup Pitch, where we will showcase how NexQloud’s decentralized cloud platform not only reduces operational costs by up to 30%, but also lowers CO2 emissions by up to 40%. These reductions are based on our internal testing against conventional data center models,” said Mauro Terrinoni, CEO of NexQloud. “This event offers us the chance to present our solution to a highly engaged audience of investors and decision-makers.”

    Positioning for Growth in a Trillion-Dollar Market

    The global cloud computing market is forecasted to surpass $1 trillion by 2027, according to BusinessWire. NexQloud’s decentralized model places the company in a strong position to capitalize on this growth. With its unique use of blockchain and tokenomics, NexQloud aims to attract the attention from both investors and hardware contributors. The company’s NXQ token—with a capped supply of 21 million—mirrors successful early blockchain models like Bitcoin, presenting investors with an attractive long-term value proposition.

    About NexQloud

    NexQloud’s platform harnesses the power of its proprietary layer one blockchain to deliver decentralized cloud services that meet the rising demand for more affordable, secure, and environmentally friendly computing solutions. By tapping into idle computing resources from devices across the globe, NexQloud transforms unused capacity into a powerful, distributed cloud network. This decentralized approach not only ensures exceptional efficiency and reliability but also cuts costs and reduces environmental impact. NexQloud’s innovative system creates a scalable cloud infrastructure that is both economically and ecologically sustainable, offering businesses a smarter, greener alternative to traditional cloud providers.

    Contact:
    Name: Mauro Terrinoni, CEO
    Email: mterrinoni@nexqloud.io
    Company Name: NexQloud
    Website: nexqloud.io
    Contact number: +1 669 241 0916

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bf032a4e-b9ed-4764-b938-6bb9f4613f5c

    The MIL Network

  • MIL-OSI: Atos selected by the European Space Agency (ESA) to expand the capabilities of the Destination Earth (DestinE) services platform

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    Atos selected by the European Space Agency (ESA) to expand the capabilities of the Destination Earth (DestinE) services platform

    Funded by the European Commission, the DestinE initiative powers a platform harnessing extensive climate data using a digital model of Earth

    Paris, France – September 25, 2024 – Atos today announces that it has been selected by the European Space Agency (ESA) to lead a consortium tasked with an initial 12-month mission to expand the capabilities of the Destination Earth (DestinE) services platform. To accomplish this task, the Group will design and implement advanced applications and services (AAS).

    Kick-started by the European Commission, DestinE has the following components: digital twins of the Earth; a data lake to process big data in the cloud; and a services platform engineered by ESA. AAS will expedite the use of DestinE platform data as well as the roll-out of services by stakeholders within Europe’s ecosystem. As a result, European Union member states, European institutions, manufacturers, academics and scientists will be able to devise strategies for adapting to climate change and implement accurate, actionable measures that ensure mitigation.

    Together with its partners Mews and ACRI-ST, Atos will support ESA in its efforts to pinpoint and deploy pioneering technologies in generative AI, data fusion and 3D visualization. These technologies will be integrated into the DestinE services platform, forming the application and architectural building blocks that will enable users to unlock the full potential of the data lake and digital twin capabilities to create content, services and decision-making tools. Users will enjoy access to a host of different algorithms, collaborative digital tools, thematic information, models, simulations, forecasts and graphic visualizations.

    The platform’s components will accelerate the development of multiple use cases spotlighting the impact of natural phenomena and human activities on Earth while planning for extreme weather events, adapting policy to climate challenges and raising public awareness. For instance, what are the effects of climate change on land use? Which initiatives should be led in cities and regions and how can we monitor their positive impact over the course of decades? What tools should be deployed to address the impact of manufacturing and educate others on climate issues?

    ESA entrusted Atos with its expertise in developing and operating advanced services into DestinE platform under large-scale European initiatives, and the Group’s ability to combine its partners’ know-how, in this case, Mews’ consulting acumen and ACRI-ST’s core business skills to process and manage satellite data. Full knowledge of Atos’ cloud platforms will be key, since DestinE runs on a flexible and secure open-source computing infrastructure which is supported by public cloud operators located in Europe.

    This initiative is spearheaded by Atos’ Toulouse-based teams who specialize in deploying and utilizing Earth observation platforms, backed by interdisciplinary experts working for Atos’ Inno’Labs – innovation hubs that are home to scientists, data scientists, AI specialists, IT architects and software developers.

    Raoul Roth, CEO France, Atos, commented: “We are honored that ESA places its trust in our Group. It is a testament to our expertise and long-standing commitment to helping organizations across Europe deliver services with high value-added technologies and a lasting impact on the future of our planet.”

    The DestinE services platform is powered by ESA’s space observation data thanks to the Earth Explorers and Copernicus Sentinel missions, coupled with data provided by Europe’s meteorological organizations, ECMWF and EUMETSAT. DestinE uses climate simulation models based on Europe’s High-Performance Computing (HPC) systems.

    The European Commission launched the DestinE initiative in 2022. The services platform, data lake, and digital twin engine have been launched in 2024. Focusing on weather-induced extremes and climate change adaptation, the first two digital twins also went through demo testing. Between now and 2030, additional digital twins will be integrated, culminating in DestinE’s development as a full digital replica of the Earth.

    ***

    The DestinE platform is co-funded by the European Union. The perspectives and opinions expressed in this press release are those of the contributing authors only, and do not necessarily reflect the views of the European Union or the European Commission. Neither the European Union nor the European Commission can be held responsible for them.

    ***

    About Atos

    Atos is a global leader in digital transformation with c. 92,000 employees and annual revenue of c. € 10 billion. European number one in cybersecurity, cloud and high-performance computing, the Group provides tailored end-to-end solutions for all industries in 69 countries. A pioneer in decarbonization services and products, Atos is committed to a secure and decarbonized digital for its clients. Atos is a SE (Societas Europaea) and listed on Euronext Paris.

    The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

    Press contact

    Isabelle Grangé | isabelle.grange@atos.net | Tél : +33 (0) 6 64 56 74 88

    Attachment

    The MIL Network

  • MIL-OSI: ChampionX Publishes 2023 Sustainability Report

    Source: GlobeNewswire (MIL-OSI)

    THE WOODLANDS, Texas, Sept. 25, 2024 (GLOBE NEWSWIRE) — ChampionX Corporation (Nasdaq: CHX) announces the release of its 2023 corporate sustainability report. The report captures important information regarding the company’s global operations and strategy to address its four environmental, social, and governance (ESG) priorities: GHG Emissions, Decarbonization Technologies, Sustainable Innovation and Digital Transformation, and Employee Attraction, Retention, and Development.

    “We are proud to publish the ChampionX 2023 Sustainability Report, which showcases our ongoing commitment to responsible business practices and sustainable growth,” said Sivasankaran “Soma” Somasundaram, President and Chief Executive Officer of ChampionX. “This report reflects our relentless focus on improving lives, unlocking energy, and advancing our ESG priorities. Our purpose of Improving Lives is a sustainable advantage, underscored by a continuous improvement mindset that drives us to enhance our operations and deliver value to all our customers.”

    ChampionX is committed to developing initiatives that align with its purpose of Improving Lives by supporting its customers’ carbon-reduction efforts, providing fulfilling career opportunities for its employees, enhancing value for our shareholders, and improving the communities where it operates globally.

    About ChampionX
    ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that help companies drill for and produce oil and gas safely, efficiently, and sustainably around the world. ChampionX’s expertise, innovative products, and digital technologies provide enhanced oil and gas production, transportation, and real-time emissions monitoring throughout the lifecycle of a well. To learn more about ChampionX, visit our website at www.championX.com.

    Forward-Looking-Statements

    This press release contains “forward-looking statements” or information. All statements other than statements of historical fact contained herein are forward-looking statements. Forward-looking statements are based on our current expectations, beliefs, and assumptions concerning future developments and conditions and their potential effect on us. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments and business conditions affecting us will be those that we anticipate. All of our forward-looking statements involve risks and uncertainties (some of which are significant or beyond our control) and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law. Certain information contained herein relating to any goals, plans, intentions, or expectations, including with respect to climate-related goals and related timelines, is subject to change, and no assurance can be given that such goals, plans, intentions or expectations will be met. Similarly, there can be no assurance that our ESG policies and procedures as described herein will continue; such policies and procedures could change, even materially. ChampionX is permitted to determine in its discretion that it is not feasible or practical to implement or complete certain of its ESG initiatives, policies and procedures based on cost, timing, or other considerations.

    Investor Contact:
    Byron Pope – byron.pope@championx.com – 281-602-0094

    Media Contact:
    John Breed – john.breed@championx.com – 281-403-5751

    The MIL Network

  • MIL-OSI: SCOR Investment Partners unveils second vintage of High-Income Infrastructure Debt Strategy

    Source: GlobeNewswire (MIL-OSI)

    PRESS RELEASE | September 25, 2024 N° 02- 2024

    SCOR Investment Partners unveils second vintage of High-Income Infrastructure Debt Strategy

    SCOR Investment Partners announces the launch of SCORLUX High Income Infrastructure Loans II, a sub-fund of SCORLUX SICAV-RAIF.

    The fund marks the second vintage of SCOR Investment Partners’ multi-investor high-income infrastructure debt strategy, following the successful deployment of its inaugural fund, SCORLUX High Income Infrastructure Loans.

    The new fund offers flexible and innovative unitranche or junior/mezzanine secured debt solutions to infrastructure projects or companies. It provides investors with a diversified portfolio, offering attractive risk-adjusted returns for a sub-investment grade profile.

    SCORLUX High Income Infrastructure Loans II will invest in strategically important infrastructure sectors for EU countries, including renewable energy, digital infrastructure and transportation networks. The fund will also support initiatives related to decarbonization, energy efficiency and green mobility.

    In line with SCOR Investment Partners’ sustainable investment philosophy, the fund’s investments will focus on financing low-carbon activities and those with a positive environmental contribution, such as circular economy initiatives and pollution prevention. SCORLUX High Income Infrastructure Loans II is classified as Article 9 under the European Sustainable Finance Disclosure Regulation (SFDR) and has been granted the LuxFLAG Environment Applicant label. 

    A European Long-Term Investment Fund (ELTIF) and accessible to institutional investors, the fund has already secured an investment commitment of EUR 100 million from the SCOR Group, ensuring strong alignment of interest, and is targeting a total fund size of EUR 500 million.

    Paola Basentini, Head of Infrastructure Debt at SCOR Investment Partners, commented: “Following the success of our first high-income infrastructure debt vintage, we are proud to offer investors access to a new, carefully selected, portfolio of diversified investments. These investments will provide attractive returns while contributing effectively to the energy transition”.

    Louis Bourrousse, CEO of SCOR Investment Partners, added: “We have been an active player in infrastructure debt since 2013. With our second-vintage high-income infrastructure debt fund, we offer access to a valuable niche market that would otherwise be difficult to reach. Our infrastructure team leverages its proven sourcing skills and strong track record to deploy this new fund.”

    With EUR 2.4 billion of investments completed across 80 infrastructure debt transactions since 2013, SCOR Investment Partners’ infrastructure team has been a pioneer in offshore wind, fiber networks, and sustainable datacenters investing. The team focuses on building well-diversified portfolios through secured project structures based on stable, predictable, and generally inflation-protected cash flows.

    – End –

    CONTACTS

    About SCOR Investment Partners

    Financing the sustainable development of societies, together.

    SCOR Investment Partners is the asset management company of the SCOR Group. Created in 2008 and accredited by the Autorité des Marches financiers, the French financial market regulatory body, in May 2009 (no. GP09000006). SCOR Investment Partners has more than 80 employees and is structured around seven management desks: Fixed Income, Corporate Loans, Infrastructure Loans, Direct Real Estate, Real Estate Loans, Insurance-Linked Securities and Fund Selection. Since 2012, SCOR Investment Partners has given institutional investors access to some of the investment strategies developed for the SCOR Group. Assets managed for outside investors totaled EUR 7.6 billion as of June 30, 2024. As of that same date, SCOR Investment Partners had total assets under management of EUR 20.5 billion (including undrawn commitments).

    Visit the SCOR Investment Partners website at: www.scor-ip.com

    This advertising communication, intended exclusively for journalists and professionals of the press and media, is produced for informational purposes only and should not be construed as an offer, solicitation, invitation, or recommendation to purchase any service or investment product.

    Before making any final investment decision, you must read all regulatory documents of the Fund, available free of charge upon request, from the Sales & Marketing team of SCOR Investment Partners SE.

    All content published by the SCOR group since January 1, 2024, is certified with Wiztrust. You can check the authenticity of this content at wiztrust.com.

    Attachment

    The MIL Network

  • MIL-OSI: Fixing of Coupon Interest Rate

    Source: GlobeNewswire (MIL-OSI)

    To Nasdaq Copenhagen A/S                                25 September 2024
                                            Announcement no. 81/2024

    Fixing of Coupon Interest Rate

    Interest rate for Jyske Realkredit’s:

    Series 454.B.38 with ISIN DK0009361628 has per 1 October 2024 and until and including 31 March 2025 been set at 4.13 % p.a.

    Series 154.B.38 with ISIN DK0009361701 has per 1 October 2024 and until and including 31 March 2025 been set at 4.13 % p.a.

    Series 154.E.41 with ISIN DK0009366932 has per 1 October 2024 and until and including 31 March 2025 been set at 3.78 % p.a.

    Series 454.E.OA.41 with ISIN DK0009367070 has per 1 October 2024 and until and including 31 March 2025 been set at 3.78 % p.a.

    Series G422.E.OA Cb3 ju25 RF with ISIN DK0009405425 has per 1 October 2024 and until and including 31 December 2024 been set at 3.32 % p.a.

    Series 422.E.OA Cb3 ju25 RF with ISIN DK0009405938 has per 1 October 2024 and until and including 31 December 2024 been set at 3.33 % p.a.

    Series 422.E.OA Cb3 ju26 RF with ISIN DK0009408528 has per 1 October 2024 and until and including 31 December 2024 been set at 3.50 % p.a.

    Series G422.E.OA Cb3 ju25 RF with ISIN DK0009408601 has per 1 October 2024 and until and including 31 December 2024 been set at 3.37 % p.a.

    Series 422.E.OA Cb3 ju27 RF with ISIN DK0009412207 has per 1 October 2024 and until and including 31 December 2024 been set at 3.60 % p.a.

    Series G422.E.OA Cb3 ju27 RF with ISIN DK0009412397 has per 1 October 2024 and until and including 31 December 2024 been set at 3.58 % p.a.

    Series 422.B.OA Cb3 ju27 RF with ISIN DK0009412470 has per 1 October 2024 and until and including 31 December 2024 been set at 3.69 % p.a.

    Series G422.E.OA Cb3.ju27 RF with ISIN DK0009414682 has per 1 October 2024 and until and including 31 December 2024 been set at 3.45 % p.a.

    Series 422.E.OA Cb3.ju28 RF with ISIN DK0009414765 has per 1 October 2024 and until and including 31 December 2024 been set at 3.48 % p.a.

    Questions may be addressed to Christian Bech-Ravn, Head of Investor Relations, tel. (+45) 89 89 92 25.

    Best Regards

    Jyske Realkredit A/S
    Web: jyskerealkredit.dk
    Please observe that the Danish version of this announcement prevails.

    The MIL Network

  • MIL-OSI: Eightco Announces $100 million Revenue Forecast – Releases 2025 Strategic Plan

    Source: GlobeNewswire (MIL-OSI)

    Improved Financial Condition Allows Focus on Revenue Growth & Profitability

    Easton, PA, Sept. 25, 2024 (GLOBE NEWSWIRE) — Eightco Holdings Inc. (NASDAQ: OCTO) (the “Company” or “Eightco”) is pleased to provide an update to its shareholders regarding its achievements year to date and 2025 initiatives.

    2024 Achievements

    The Company has made significant progress in 2024 by improving its balance sheet, most notably through the elimination of $5.4 million in convertible notes and increasing shareholder equity by $23 million. An aggregate of 5,846,627 dilutive shares related to warrants and convertible securities were cancelled in connection therewith, as well as several one-time accounting events.

    Operationally, during the 6 months ended June 30, 2024:

    • Gross profit margin was increased to 22%, versus 12% in the prior year period; and
    • SG&A was reduced to $6.9 million, down 23% from $9.0 million in the prior year period

    These improvements helped the Company regain compliance with two NASDAQ requirements, as was announced yesterday.

    2025 Plan

    The Company’s primary focus is the growth of its primary operating subsidiary, Forever 8 Fund LLC (“Forever 8”), which operates in two main areas: providing inventory solutions for small to mid-sized e-commerce sellers in the US & UK, as well as supplying refurbished Apple products for sellers in the UK and Europe. Forever 8 buys existing inventory from e-commerce sellers and commits to purchasing future inventory directly from their suppliers, maintaining specific inventory levels to enhance sales and growth. The sellers are invoiced after sales occur on a monthly basis, at which point Forever 8 charges them its cost plus a markup. Forever 8’s tech platform facilitates this entire process end-to-end, making it seamless and scalable.

    In the short term, the Company intends to seek additional non-dilutive senior debt financing to replace the capital used to repay its dilutive convertible notes in the first quarter of 2024. The Company currently has approximately 1.8 million shares outstanding. By deploying this capital, the Company aims to deliver 2025 revenues of $100 million, with the Company achieving positive EBITDA at the public company level. Such funding would also support further growth in 2025. Forever 8 believes it can deploy significant additional capital via its scalable platforms due to high inbound demand for its services from existing and new customers.

    Paul Vassilakos, CEO of Eightco and President of Forever 8, said “The Company is excited to focus on prioritizing the Forever 8 business to deliver growth and shareholder value through 2025. With regaining compliance with the NASDAQ rules behind us and a significantly improved balance sheet, we believe 2025 has the potential to be our best year since our inception in 2020.”

    About Eightco

    Eightco (NASDAQ: OCTO) is committed to growth of its subsidiaries, made up of Forever 8 Fund LLC, an inventory capital and management platform for e-commerce sellers, and Ferguson Containers, Inc., a provider of complete manufacturing and logistical solutions for product and packaging needs, through strategic management and investment. In addition, the Company is actively seeking new opportunities to add to its portfolio of technology solutions focused on the e-commerce ecosystem through strategic acquisitions. Through a combination of innovative strategies and focused execution, Eightco aims to create significant value and growth for its portfolio companies and stockholders.

    For additional information, please visit www.8co.holdings

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements of historical fact could be deemed forward looking. Words such as “plans,” “expects,” “will,” “anticipates,” “continue,” “expand,” “advance,” “develop” “believes,” “guidance,” “target,” “may,” “remain,” “project,” “outlook,” “intend,” “estimate,” “could,” “should,” and other words and terms of similar meaning and expression are intended to identify forward-looking statements, although not all forward-looking statements contain such terms. Forward-looking statements are based on management’s current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: Eightco’s ability to regain and maintain compliance with the Nasdaq’s continued listing requirements; unexpected costs, charges or expenses that reduce Eightco’s capital resources; Eightco’s inability to raise adequate capital to fund its business; the inability to innovate and attract users for Eightco’s and its subsidiaries’ products; future legislation and rulemaking negatively impacting digital assets; and shifting public and governmental positions on digital asset mining activity. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. For a discussion of other risks and uncertainties, and other important factors, any of which could cause Eightco’s actual results to differ from those contained in forward-looking statements, see Eightco’s filings with the Securities and Exchange Commission (the “SEC”), including in its Annual Report on Form 10-K filed with the SEC on April 1, 2024, as amended. All information in this press release is as of the date of the release, and Eightco undertakes no duty to update this information or to publicly announce the results of any revisions to any of such statements to reflect future events or developments, except as required by law.

    For further information, please contact:
    Investor Relations
    investors@8co.holdings

    The MIL Network

  • MIL-OSI: YieldMax™ ETFs Announces Distributions on Fund of Funds ETFs

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO and MILWAUKEE and NEW YORK, Sept. 25, 2024 (GLOBE NEWSWIRE) — YieldMax™ today announced distributions on the following YieldMax™ ETFs:

    ETF
    Ticker
    1
    ETF Name Distribution
    per Share
    Distribution
    Frequency
    Distribution
    Rate
    2,4
    30-Day
    SEC Yield
    3
    Ex-Date &
    Record Date
    Payment
    Date
    YMAX YieldMax™ Universe Fund of Option Income ETFs $0.2220 Weekly 64.49% 65.73% 9/26/2024 9/27/2024
    YMAG YieldMax™ Magnificent 7 Fund of Option Income ETFs $0.1701 Weekly 45.49% 50.80% 9/26/2024 9/27/2024

    The performance data quoted above represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above. Performance current to the most recent month-end can be obtained by calling (833) 378-0717.

    Distributions are not guaranteed. The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs. In particular, future distributions on any ETF may differ significantly from its Distribution Rate or 30-Day SEC Yield. You are not guaranteed a distribution under the ETFs. Distributions for the ETFs (if any) are variable and may vary significantly from period to period and may be zero. Accordingly, the Distribution Rate and 30-Day SEC Yield will change over time, and such change may be significant.

    1   YMAX and YMAG each have a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.99% for a gross expense ratio of 1.28%. “Acquired Fund Fees and Expenses” are indirect fees and expenses that the Fund incurs from investing in the shares of other investment companies, namely other YieldMax™ ETFs.

    2   The Distribution Rate shown is as of close on September 24, 2024. The Distribution Rate is the annual distribution rate an investor would receive if the most recent distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by annualizing an ETF’s Distribution per Share and dividing by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. As a result, an investor may suffer significant losses to their investment. These Distribution Rates may be caused by unusually favorable market conditions and may not be sustainable. Such conditions may not continue to exist and there should be no expectation that this performance may be repeated in the future.

    3   The 30-Day SEC Yield represents net investment income, which excludes option income, earned by such ETF over the 30-Day period ended August 31, 2024, expressed as an annual percentage rate based on such ETF’s share price at the end of the 30-Day period.

    4  As of the date hereof, distributions for YMAX and YMAG have included return of investor capital. For additional information, please visit http://www.yieldmaxetfs.com/TaxInfo.

    Each Fund has a limited operating history and while each Fund’s objective is to provide current income, there is no guarantee the Fund will make a distribution. Distributions are likely to vary greatly in amount.

    Standardized Performance

    For YMAX, click here. For YMAG, click here.

    Prospectuses

    Click here.

    Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information are in the prospectus. Please read the prospectuses carefully before you invest.

    There is no guarantee that that any Fund’s investment strategy will be properly implemented, and an investor may lose some or all of its investment in any such Fund.

    Tidal Financial Group is the adviser for all YieldMax™ ETFs and ZEGA Financial is their sub-adviser.

    THE FUND, TRUST, ADVISER, AND SUB-ADVISER ARE NOT AFFILIATED WITH ANY UNDERLYING ISSUER.

    Risk Disclosures (the following risks are applicable to all YieldMax ETFs shown in the table above)

    Investing involves risk. Principal loss is possible.

    Underlying Security Risk. Each Underlying YieldMax™ ETF invests in options contracts that are based on the value of its Underlying Security. This subjects each Underlying YieldMax™ ETF to certain of the same risks as if it owned shares of its Underlying Security, even though it does not. As a result, each Underlying YieldMax™ ETF is subject to the risks associated with the industry of the corresponding Underlying Issuer.

    Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. Each Underlying YieldMax™ ETF’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or Underlying YieldMax™ ETF’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions. The Underlying YieldMax™ ETFs investment strategies are options-based. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are

    affected by fiscal and monetary policies and by national and international policies, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

    Distribution Risk. Each Underlying YieldMax™ ETF aims to provide current income, although there’s no guarantee of distribution in any given period, and the distribution amounts may vary significantly. Distributions may consist of capital returns, reducing each Underlying YieldMax™ ETF’s NAV and trading price over time, thus potentially leading to significant losses for investors (including the Fund), especially as an Underlying YieldMax™ ETF’s returns exclude any dividends paid by the Underlying Security, which may result in lesser income compared to a direct investment in the Underlying Security.

    NAV Erosion Risk Due to Distributions. When an Underlying YieldMax™ ETF makes a distribution, its NAV typically drops by the distribution amount on the related ex-dividend date. The repetitive payment of distributions may significantly erode an Underlying YieldMax™ ETF’s NAV and trading price over time, potentially resulting in notable losses for investors (including the Fund).

    Call Writing Strategy Risk. The continuous application of each Underlying YieldMax™ ETF’s call writing strategy impacts its ability to participate in the positive price returns of its Underlying Security, which in turn affects each Underlying YieldMax™ ETF’s returns both during the term of the sold call options and over longer time frames. An Underlying YieldMax™ ETF’s participation in its Underlying Security’s positive price returns and its own returns will depend not only on the Underlying Security’s price but also on the path the Underlying Security’s price takes over time, illustrating that certain price trajectories of the Underlying Security could lead to suboptimal outcomes for the Underlying YieldMax™ ETF.

    Single Issuer Risk. Each Underlying YieldMax™ ETF, focusing on an individual security (Underlying Security), may experience more volatility compared to traditional pooled investments or the market generally due to issuer-specific attributes. Its performance may deviate from that of diversified investments or the overall market, making it potentially more susceptible to the specific performance and risks associated with the Underlying Security.

    High Portfolio Turnover Risk. Each Underlying YieldMax™ ETF may actively and frequently trade all or a significant portion of the Underlying YieldMax™ ETF’s holdings. A high portfolio turnover rate increases transaction costs, which may increase the Underlying YieldMax™ ETF’s expenses.

    Counterparty Risk. Each Underlying YieldMax™ ETF faces counterparty risk through its investments in options contracts, held via clearing members due to its non-membership in clearing houses, with the risk exacerbated if a clearing member defaults or if limited clearing members are willing to transact on its behalf. This risk is also magnified as the Underlying YieldMax™ ETF primarily focuses on options contracts on a single security, potentially leading to losses or hindrance in implementing its investment strategy if adverse situations with clearing members arise.

    Price Participation Risk. Each Underlying YieldMax™ ETF employs a strategy of selling call option contracts, limiting its participation in the value increase of the Underlying Security during the call period. Should an Underlying Security’s value increase beyond the sold call options’ strike price, the Underlying YieldMax™ ETF may not experience the same extent of increase, potentially underperforming the Underlying Security and experiencing a NAV decrease, especially given its full exposure to any value decrease of the Underlying Security over the call period.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund. As a result, a decline in the value of an investment in a single issuer or a smaller number of issuers could cause the Fund’s overall value to decline to a greater degree than if the Fund held a more diversified portfolio.

    Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

    YieldMax™ ETFs are distributed by Foreside Fund Services, LLC. Foreside is not affiliated with Tidal Financial Group, YieldMax™ ETFs or ZEGA Financial.

    © 2024 YieldMax™ ETFs

    The MIL Network

  • MIL-OSI: Totalkredit and competition authorities reach agreement about Totalkredit partnership – Nykredit Realkredit A/S

    Source: GlobeNewswire (MIL-OSI)

    To Nasdaq Copenhagen A/S and the press

    25 September 2024

    Totalkredit and competition authorities reach agreement about Totalkredit partnership

    Totalkredit and Nykredit have entered into an agreement with the Danish Competition and Consumer Authority. In 2003 the Danish competition authorities approved the Totalkredit partnership. The agreement concerns the exit terms of the agreement behind the Totalkredit partnership.

    Since October 2020, Totalkredit has been in continuous dialogue with the Danish Competition and Consumer Authority. Over the past almost four years, the authorities have carried out extensive market research and submitted two draft agreements to competitors and Totalkredit partner banks for consultation.

    Totalkredit and the authorities have had constructive talks. Throughout the process, it has been essential for Totalkredit to make sure that – together with the Totalkredit partner banks – we can continue to offer the most attractive mortgage loans all over Denmark. It has also been crucial for Totalkredit to preserve a key characteristic of the Danish mortgage system: That all homeowners, in all parts of Denmark, pay the same price for their mortgage loans.

    Based on the market research conducted and the continuous dialogue between the parties, Totalkredit and the Danish competition authorities have reached an agreement. The agreement includes the following amendments to the Totalkredit partnership agreement:

    Going forward, in case the partner banks leave the Totalkredit partnership and enter into new partnerships, they can keep 100% of future commission payments for loans distributed by them against continuing to provide security for the loans. At the same time, the partner banks will be able to distribute mortgage loans to homeowners from non-vertically integrated mortgage loan providers, including new or existing small mortgage lenders. Also, the partner banks will remain free to partner up with providers other than Totalkredit on the funding of secured homeowner bank loans.

    Michael Rasmussen, Chair of the Board of Directors of Totalkredit and Group Chief Executive of Nykredit, says:

    • ”I am pleased that there is now clarity about the framework of the Totalkredit partnership. For Totalkredit, it has been imperative to reach an agreement that provides the best possible foundation for continuing our strong, long-term partnership with the Totalkredit partner banks so that we remain able to offer the best and most attractive loans in the market to Danish homeowners all over the country.”
    • “Totalkredit’s product offering is highly competitive. We see that an increasing number of Danish homeowners opt for Totalkredit as their home finance provider. This can be attributed to our KundeKroner discounts that enable us to offer the most attractive mortgage loans in the market, and our partner banks that provide sound, local advisory services all over the country. This is in contrast to the largest banks in Denmark, which have in recent years closed branches and withdrawn from large parts of Denmark, especially outside the big cities.”

    With the agreement, the Danish competition authorities have provided clarity about the framework of the Totalkredit partnership, and it is therefore natural that we will now, together with the Totalkredit partner banks, start looking at ways to modernise our partnership within the new framework.

    For press enquiries, please call +45 31 21 06 39.

    Attachment

    The MIL Network

  • MIL-OSI: Climb Channel Solutions Announces A-LIGN, Security and Compliance Partner, as Global Contract

    Source: GlobeNewswire (MIL-OSI)

    EATONTOWN, N.J., Sept. 25, 2024 (GLOBE NEWSWIRE) — Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB) has announced the addition of A-LIGN, a security vendor leading the industry in compliance, to its global offerings.

    A-LIGN is a leader in SOC 2, ISO 27001, HITRUST, FedRAMP, CMMC, and more, while addressing cybersecurity needs, such as, penetration testing, ransomware preparedness, social engineering, and GDPR. Together, Climb and A-LIGN can expand their global partner base, providing existing and new partners with top cybersecurity compliance programs to assist in mitigating cybersecurity risk.

    “We are excited to partner with Climb, and their recognized distribution network, to enhance our reach into the market. This collaboration allows us to work with a vast network of MSPs and VARs, filling a crucial gap in their current offerings. Together, we are well-positioned to expand internationally and domestically, staying on the cutting edge of evolving market trends. As leaders in the space, this partnership underscores our commitment to providing top-tier cybersecurity and compliance solutions globally.” said Andrew Steioff, Vice President, Global Strategic Alliances at A-LIGN.

    A-LIGN’s compliance expertise will benefit Climb and its partners to answer the demand for customers to stay secure and compliant. A-LIGN’s holistic approach allows customers to continue to utilize their current infrastructure without having to restructure amidst changing regulations.

    “Compliance is at the forefront of conversations across the IT channel as organizations are constantly navigating regulations,” says Dale Foster, CEO of Climb Channel Solutions. “At Climb, the priority to provide the necessary cybersecurity tools and resources in this age of compliance is tantamount.  By partnering with A-LIGN, a trusted leader in SOC 2, ISO 27001, HITRUST, FedRAMP and more, we are ensuring that our reseller partners have the resources needed to go from audit to strategic compliance.”

    Those interested in distribution services and solutions should contact Climb by phone at +1.800.847.7078 (US), or +1.888.523.7777 (Canada), or by email at Sales@ClimbCS.com.

    About Climb Channel Solutions and Climb Global Solutions

    Climb Channel Solutions is a global specialty technology distributor focusing on Security, Data Management, Connectivity, Storage & HCI, Virtualization & Cloud, and Software & Application Lifecycle. What sets Climb apart is our commitment to transform distribution by providing emerging and established IT technologies, flexible financing, real-time quoting, best of breed channel operations, speed to market, and exceptional service to our partners worldwide. Climb Channel Solutions is a wholly owned subsidiary of Climb Global Solutions (NASDAQ: CLMB). Experience the Climb difference and learn how our people-first approach empowers VARs and MSPs to grow, scale, and accelerate their business. Visit www.ClimbCS.com, call 1-800-847-7078, and connect with us on LinkedIn!

    For Media & PR inquiries contact:
    Climb Channel Solutions
    Media Relations
    media@ClimbCS.com

    Investor Relations Contact:
    Elevate IR
    Sean Mansouri, CFA
    T: 720-330-2829
    CLMB@elevate-ir.com

    About A-LIGN 

    A-LIGN is the leading provider of high-quality, efficient cybersecurity compliance programs. Combining experienced auditors and audit management technology, A-LIGN provides the widest breadth and depth of services including SOC 2, ISO 27001, HITRUST, FedRAMP, and PCI. A-LIGN is the number one issuer of SOC 2 and HITRUST and a top three FedRAMP assessor. To learn more, visit a-lign.com. 

    For Media & PR inquiries contact:

    A-LIGN
    Abigail Rodrigues
    abigail.rodrigues@a-lign.com

    The MIL Network

  • MIL-OSI: Man Group PLC : Form 8.3 – Smith (DS) plc

    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: Man Group PLC
    (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.
     
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    Smith (DS) plc
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    24/09/2024
    (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”
    YES / NO / N/A
    Offeror: International Paper Company

    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: 10p ordinary
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled:        
    (2)   Cash-settled derivatives: 14,948,791 1.08 26,895 0.00
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

    14,948,791 1.08 26,895 0.00

    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

    (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
    10p ordinary Equity Swap Closing a long & opening a short position 15,943 4.588 GBP
    10p ordinary Equity Swap Closing a long & opening a short position 44,314 4.588 GBP
    10p ordinary Equity Swap Closing a long & opening a short position 4,954 4.588 GBP
    10p ordinary Equity Swap Closing a long & opening a short position 72,561 4.588 GBP

    (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

    (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)

    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: 25/09/2024
    Contact name: Mackenzie Terry
    Telephone number: +442071441555

    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: Net Asset Values

    Source: GlobeNewswire (MIL-OSI)

    THAMES VENTURES VCT 2 PLC
    LEI: 21380035MV1VRYEXPR95

    NET ASSET VALUES
    25 SEPTEMBER 2024

    Thames Ventures VCT 2 plc announces that the unaudited Net Asset Values of its share classes, as at 30 June 2024 were as follows:

      Pence Per Share
      30 June 2024
    Ventures Ordinary Share 46.1p
    Healthcare Ordinary Share 40.9p
    AIM Shares 103.1p
    DP67 Ordinary Share 27.3p

    For further information, please contact:

    Company Secretary
    Foresight Group LLP
    Contact: Stephen Thayer Tel: 0203 667 8100

    Investor Relations
    Foresight Group LLP
    Contact: Andrew James Tel: 0203 667 8181

    The MIL Network

  • MIL-OSI: Issue of Tranche 1 shares in IDEX Biometrics private placement on 16 September 2024

    Source: GlobeNewswire (MIL-OSI)

    Reference is made to the announcement by IDEX Biometrics ASA (the “Company”) on 17 September 2024 regarding the private placement of shares with gross proceeds of NOK 70 million (the “Private Placement”). The Company retained Arctic Securities AS as sole manager and bookrunner for the Private Placement (the “Manager”).

    The Private Placement is divided into two tranches. 101,624,966 shares were allocated in the first tranche (“Tranche 1” and the “Tranche 1 Offer Shares”) and 365,041,700 Offer Shares were allocated in the second tranche (“Tranche 2”). Completion of Tranche 1 was subject to the Company’s board of directors (the “Board”) being granted a board authorization to issue shares (the “Board Authorization”). The Board Authorization was granted to the Board by the 23 September 2024 Extraordinary General Meeting. Completion of Tranche 2 is subject to approval by an Extraordinary General Meeting in the Company on 9 October 2024.

    The Board resolved on 25 September 2024 to issue the Tranche 1 Offer Shares in the Private Placement. The Tranche 1 Offer Shares will, following registration of the share capital increase associated with such shares in the Norwegian Register of Business Enterprises, be delivered on a separate and non-tradable ISIN, pending publication by the Company of a prospectus approved by the Norwegian Financial Supervisory Authority.

    Following registration of the share capital increase associated with the issuance of the Tranche 1 Offer Shares, the Company’s share capital will be NOK 66,056,228.10 divided into 440,374,854 shares, each with a nominal value of NOK 0.15.

    For more information about the Private Placement, please see the above-mentioned announcement.

    For further information contact:
    Marianne Bøe, Head of Investor Relations
    E-mail: marianne.boe@idexbiometrics.com
    Tel: + 47 9180 0186

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

    About this notice
    This notice is published in accordance with section 5-12 of the Norwegian Securities Trading Act.

    The MIL Network

  • MIL-OSI: Keiretsu Forum Investor Capital Expo: A Must-Attend Event for Angel Investors, Family Offices, and Venture Capital Professionals

    Source: GlobeNewswire (MIL-OSI)

    PHILADELPHIA, Sept. 25, 2024 (GLOBE NEWSWIRE) — The upcoming Investor Capital Expo, hosted by Keiretsu Forum in Philadelphia, offers a rare opportunity for accredited investors to engage directly with early-stage companies that have undergone Keiretsu Forum’s rigorous due diligence process. Scheduled for October 31, 2024, at Convene City View in Philadelphia, this event provides a platform for investors to explore diverse high-growth opportunities while building relationships with fellow investors and company founders.

    This year’s twelve presenting companies represent a wide range of sectors, each poised to make a significant impact in their respective industries. Among them are Relavo Medical, Seneca Therapeutics, and Iris Dynamics Limited:

    Relavo Medical is revolutionizing kidney failure treatment with its innovative device, the PeritoneX, which addresses a critical barrier to peritoneal dialysis (PD) adoption by reducing the risk of peritonitis. With only 12% of kidney failure patients currently choosing PD, the PeritoneX’s in-line disinfection system significantly reduces microbial contamination and integrates with existing setups, offering a safer, more accessible option for patients to receive treatment at home. Investors will find a compelling opportunity in Relavo Medical’s mission to improve patient outcomes while reducing healthcare costs.

    Seneca Therapeutics is advancing cancer treatment with its oncolytic immunotherapy, SVV-001. This innovative approach targets solid tumors that express the TEM8 receptor, enhancing the immune response and offering hope for patients with drug-resistant cancers. Having demonstrated safety and potential efficacy in preclinical and clinical trials, Seneca Therapeutics is actively seeking funding to push its promising cancer therapy into later-stage trials.

    Iris Dynamics Ltd., based in Victoria, British Columbia, specializes in advanced motion control systems designed for applications ranging from aerospace to virtual reality simulation. Their Orca Series motors and IO SmartHub are transforming industrial automation with high-precision control and simplified integration. Investors interested in cutting-edge technology will find Iris Dynamics’ expansion plans to be an exciting opportunity in intelligent motion control.

    These companies, along with the other presenters, have comprehensive investment packages and are actively raising capital. Attendees at the Investor Capital Expo will have the chance to engage with these companies’ leadership teams, gaining deeper insights into their growth strategies and potential returns on investment.

    “We’re proud to present such a strong lineup of companies that are actively shaping the future of their industries,” said Howard Lubert, Regional President of Keiretsu Forum. “This Expo is a valuable chance for investors to collaborate with other seasoned professionals and explore opportunities backed by our extensive due diligence process.”

    Networking and Collaboration: The Key to Successful Investing

    In addition to company presentations, the Investor Capital Expo offers unparalleled networking opportunities for investors to connect with peers from across the angel investing and early-stage company landscape. Whether attending in person or virtually, participants will have the chance to build relationships and discover new investment opportunities.

    Event Details:

    Date: October 31, 2024, 8:00 AM – 6:00 PM EDT

    Location: Convene City View, 30 S 17th St, Philadelphia, PA

    Registration: Accredited angel investors can register HERE

    Don’t miss this chance to engage with high-potential companies and collaborate with top investors. Join us in Philadelphia for a day of learning, networking, and discovery.

    For media inquiries, please contact:
    Cindi Sutera
    CindiS@AMSCommunications.net
    610-613-2773

    About Keiretsu Forum

    Keiretsu Forum is the world’s largest private equity angel investment network with 2000+ accredited investors in 35 North American and 23 International chapters, who have invested more than $1B in early-stage companies in the last 23 years.

    The Keiretsu Forum portfolio features Entrepreneurs and Companies from Technology-(Internet, Software, Cyber Security, SaaS, Mobile Systems, IoT, etc.), Life Sciences-(Pharma, Medical Devices, Health IT, etc.), FinServ/FinTech, Consumer Products, Clean-Green Energy, Consumer Products, & more!

    The MIL Network

  • MIL-OSI: AGF Management Limited Reports Third Quarter 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Sept. 25, 2024 (GLOBE NEWSWIRE) —

    • Reported quarterly adjusted diluted earnings per share of $0.37
    • Total assets under management and fee-earning assets of $49.7 billion
    • Declared quarterly dividend per share of 11.5 cents

    AGF Management Limited (AGF or the Company) (TSX: AGF.B) today announced financial results for the third quarter ended August 31, 2024.

    AGF reported total assets under management and fee-earning assets1 of $49.7 billion compared to $47.8 billion as at May 31, 2024 and $42.3 billion as at August 31, 2023.

    “Amid an uncertain economic backdrop and significant market volatility, we are pleased to see early signs of improvement with positive retail net flows complementing our solid investment performance,” said Kevin McCreadie, Chief Executive Officer and Chief Investment Officer, AGF. “This improvement can be attributed to our long-term strategic plan which diversifies our business across asset classes and client channels ensuring we thrive through changing market cycles.”

    AGF’s mutual fund gross sales were $1,012 million for the quarter compared to $934 million in the previous quarter and $633 million in the prior year quarter. Mutual fund net sales were $14 million compared to net redemptions of $112 million in the previous quarter and net redemptions of $151 million in the prior year quarter.

    “Given the current market environment and industry trends, we are pleased with the trajectory of our sales strategy,” said Judy Goldring, President and Head of Global Distribution, AGF. “Heading into the final months of 2024, we remain focused on diversifying our capabilities and offerings through a vehicle agnostic approach that meets the evolving needs of our clients.”

    _________________
    1 Fee-earning assets represents assets in which AGF has carried interest ownership and earns recurring fees but does not have ownership interest in the managers

    Key Business and Financial Highlights:

    • AGF International Advisors Company Limited, a subsidiary of AGF, was once again accepted as a signatory to the UK Stewardship Code, a best-practice benchmark in investment stewardship.
    • AGF Management Limited partnered with Archer Holdco, LLC – a leading technology-enabled service provider to the investment management industry – to help further grow its Separately Managed Accounts (SMA) model business through additional product offerings and investment strategies.
    • AGF SAF Private Credit LP was named a Top Contender for a 2024 Canadian Hedge Fund Award Fund.
    • Adjusted EBITDA2 for the three months ended August 31, 2024, was $40.2 million, compared to $37.0 million for the three months ended May 31, 2024 and $33.7 million in the prior year comparative period.
    • Net management, advisory and administration fees2 were $78.7 million for the three months ended August 31, 2024, compared to $81.2 million for the three months ended May 31, 2024 and $73.8 million for the comparative prior year period.
    • Adjusted revenue from AGF Capital Partners for the three months ended August 31, 2024, was $18.5 million, compared to $12.0 million for the three months ended May 31, 2024 and $7.3 million for the comparative prior year period. The increase quarter over quarter and year over year were driven by higher fair value adjustments and distribution income and the consolidation of a full quarter of KCPL financial results. Revenue from AGF Capital Partners can be variable quarter to quarter and can be impacted by fair value adjustments, timing of monetizations and cash distributions as well as performance fees and carried interest.
    • Adjusted selling, general and administrative costs2 were $59.6 million for the three months ended August 31, 2024, compared to $60.0 million for the three months ended May 31, 2024 and $50.3 million for the comparative prior year period.
    • Adjusted net income attributable to equity owners was $24.5 million ($0.37 adjusted diluted EPS) for the three months ended August 31, 2024, compared to $23.6 million ($0.35 adjusted diluted EPS) for the three months ended May 31, 2024 and $22.9 million ($0.34 adjusted diluted EPS) for the comparative prior year period.
        Three months ended Nine months ended
          August 31,     May 31,     August 31,     August 31,     August 31,  
      (in millions of Canadian dollars, except per share data)   2024     2024     2023     2024     2023  
                           
      Revenues                    
      Management, advisory and administration fees $ 114.4   $ 116.4   $ 107.4   $ 339.4   $ 324.0  
      Trailing commissions and investment advisory fees   (35.7 )   (35.2 )   (33.6 )   (104.6 )   (101.5 )
      Net management, advisory and administration fees2 $ 78.7   $ 81.2   $ 73.8   $ 234.8   $ 222.5  
      Deferred sales charges   1.4     1.9     1.8     5.3     5.7  
      Adjusted revenue from AGF Capital Partners2   18.5     12.0     7.3     54.7     29.4  
      Other revenue2   1.2     1.9     1.1     5.1     2.4  
      Total adjusted net revenue2   99.8     97.0     84.0     299.9     260.0  
                           
      Selling, general and administrative   66.3     68.2     50.2     192.3     156.2  
      Adjusted selling, general and administrative2   59.6     60.0     50.3     173.1     155.0  
                           
      EBITDA2   33.0     26.6     33.8     104.8     103.8  
      Adjusted EBITDA2   40.2     37.0     33.7     126.8     105.0  
                           
      Net income – equity owners of the Company   20.3     18.1     23.0     68.9     70.9  
      Adjusted net income – equity owners of the Company   24.5     23.6     22.9     81.8     71.9  
                           
      Diluted earnings per share   0.30     0.27     0.34     1.03     1.05  
                           
      Adjusted diluted earnings per share   0.37     0.35     0.34     1.23     1.07  
                           
      Free cash flow2   29.1     23.7     22.9     73.9     62.8  
                           
      Dividends per share   0.115     0.115     0.110     0.340     0.320  
      (end of period) Three months ended
          Aug. 31,     May 31,     Feb. 28,     Nov. 30,     Aug. 31,  
      (in millions of Canadian dollars)   2024     2024     2024     2023     2023  
                             
      Mutual fund assets under management (AUM)3 $ 28,104   $ 26,961   $ 26,186   $ 24,459   $ 24,377  
      ETFs and SMA AUM   2,128     1,800     1,676     1,465     1,332  
      Segregated accounts and sub-advisory AUM   6,430     6,313     7,162     6,774     7,058  
      Total AGF Investments AUM   36,662     35,074     35,024     32,698     32,767  
      AGF Private Wealth AUM   8,186     8,026     7,836     7,341     7,360  
      AGF Capital Partners AUM   2,774     2,663     48     46     42  
      Total AUM $ 47,622   $ 45,763   $ 42,908   $ 40,085   $ 40,169  
      AGF Capital Partners fee-earning assets4   2,080     2,081     2,104     2,095     2,090  
      Total AUM and fee-earning assets4 $ 49,702   $ 47,844   $ 45,012   $ 42,180   $ 42,259  
                             
      Net mutual fund sales (redemptions)3   14     (112 )   (125 )   (224 )   (151 )
      Average daily mutual fund AUM3   27,542     26,604     25,197     23,840     24,168  

    2 Net management, advisory and administration fees, adjusted revenue from AGF Capital Partners, total net revenue, adjusted selling, general and administrative, EBITDA, adjusted EBITDA, and free cash flow are not standardized measures prescribed by IFRS. The Company utilizes non-IFRS measures to assess our overall performance and facilitate a comparison of quarterly and full-year results from period to period. They allow us to assess our investment management business without the impact of non-operational items. These non-IFRS measures may not be comparable with similar measures presented by other companies. These non-IFRS measures and reconciliations to IFRS, where necessary, are included in the Management’s Discussion and Analysis available at www.agf.com.
    3 Mutual fund AUM includes retail AUM and institutional client AUM invested in customized series offered within mutual funds.
    4 Fee-earning assets represents assets in which AGF has carried interest ownership and earns recurring fees but does not have ownership interest in the managers.

    For further information and detailed financial statements for the third quarter ended August 31, 2024, including Management’s Discussion and Analysis, which contains discussions of non-IFRS measures, please refer to AGF’s website at www.agf.com under ‘About AGF’ and ‘Investor Relations’ and at www.sedarplus.com.

    Conference Call

    AGF will host a conference call to review its earnings results today at 11 a.m. ET.

    The live audio webcast with supporting materials will be available in the Investor Relations section of AGF’s website at www.agf.com or at https://edge.media-server.com/mmc/p/fwjgan3c/. Alternatively, the call can be accessed over the phone by registering here or in the Investor Relations section of AGF’s website at www.agf.com, to receive the dial-in numbers and unique PIN.

    A complete archive of this discussion along with supporting materials will be available at the same webcast address within 24 hours of the end of the conference call.

    About AGF Management Limited

    Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. Our companies deliver excellence in investing in the public and private markets through three business lines: AGF Investments, AGF Capital Partners and AGF Private Wealth.

    AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm’s collective investment expertise, driven by its fundamental, quantitative and private investing capabilities, extends globally to a wide range of clients, from financial advisors and their clients to high-net worth and institutional investors including pension plans, corporate plans, sovereign wealth funds, endowments and foundations.

    Headquartered in Toronto, Canada, AGF has investment operations and client servicing teams on the ground in North America and Europe. With nearly $50 billion in total assets under management and fee-earning assets, AGF serves more than 800,000 investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

    AGF Management Limited shareholders, analysts and media, please contact:

    Ken Tsang
    Chief Financial Officer
    416-865-4338, InvestorRelations@agf.com

    Caution Regarding Forward-Looking Statements

    This press release includes forward-looking statements about the Company, including its business operations, strategy and expected financial performance and condition. Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, or include words such as ‘expects,’ ‘estimates,’ ‘anticipates,’ ‘intends,’ ‘plans,’ ‘believes’ or negative versions thereof and similar expressions, or future or conditional verbs such as ‘may,’ ‘will,’ ‘should,’ ‘would’ and ‘could.’ In addition, any statement that may be made concerning future financial performance (including income, revenues, earnings or growth rates), ongoing business strategies or prospects, fund performance, and possible future action on our part, is also a forward-looking statement. Forward-looking statements are based on certain factors and assumptions, including expected growth, results of operations, business prospects, business performance and opportunities. While we consider these factors and assumptions to be reasonable based on information currently available, they may prove to be incorrect. Forward-looking statements are based on current expectations and projections about future events and are inherently subject to, among other things, risks, uncertainties and assumptions about our operations, economic factors and the financial services industry generally. They are not guarantees of future performance, and actual events and results could differ materially from those expressed or implied by forward-looking statements made by us due to, but not limited to, important risk factors such as level of assets under our management, volume of sales and redemptions of our investment products, performance of our investment funds and of our investment managers and advisors, client-driven asset allocation decisions, pipeline, competitive fee levels for investment management products and administration, and competitive dealer compensation levels and cost efficiency in our investment management operations, as well as general economic, political and market factors in North America and internationally, interest and foreign exchange rates, global equity and capital markets, business competition, taxation, changes in government regulations, unexpected judicial or regulatory proceedings, technological changes, cybersecurity, the possible effects of war or terrorist activities, outbreaks of disease or illness that affect local, national or international economies, natural disasters and disruptions to public infrastructure, such as transportation, communications, power or water supply or other catastrophic events, and our ability to complete strategic transactions and integrate acquisitions, and attract and retain key personnel. We caution that the foregoing list is not exhaustive. The reader is cautioned to consider these and other factors carefully and not place undue reliance on forward-looking statements. Other than specifically required by applicable laws, we are under no obligation (and expressly disclaim any such obligation) to update or alter the forward-looking statements, whether as a result of new information, future events or otherwise. For a more complete discussion of the risk factors that may impact actual results, please refer to the ‘Risk Factors and Management of Risk’ section of the 2023 Annual MD&A.

    The MIL Network

  • MIL-OSI: Southern Michigan Bancorp, Inc. Declares Cash Dividend

    Source: GlobeNewswire (MIL-OSI)

    COLDWATER, Mich., Sept. 25, 2024 (GLOBE NEWSWIRE) — The Board of Directors of Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) declared a quarterly dividend of $0.15 per share on the outstanding shares of the corporation’s stock. The dividend is payable on October 18, 2024, to shareholders of record October 9, 2024. The annualized cash dividend of $0.60 per share represents a 3.47% dividend yield based on the current market price of $17.29 per share.

    Southern Michigan Bancorp, Inc. is a bank holding company and the parent company of Southern Michigan Bank & Trust. It operates 17 offices within Branch, Calhoun, Hillsdale, Jackson, Kalamazoo, and St. Joseph Counties providing a broad range of consumer, business, and wealth management services throughout the region. For more information, please visit the Southern Michigan Bank & Trust website, www.smb-t.com.

    This press release contains forward-looking statements that are based on management’s beliefs, assumptions, current expectations, estimates and projections about the financial services industry, the economy, and Southern Michigan Bancorp, Inc. Although we currently expect to continue to pay a quarterly cash dividend, each future dividend will be considered and declared by the board of directors in its discretion. Whether the board of directors continues to declare dividends depends on a number of factors, including our future financial condition and profitability. Forward-looking statements are based upon current beliefs and expectations and involve substantial risks, uncertainties, and assumptions (“risk factors”), which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. We undertake no obligation to update or revise our forward-looking statements to reflect developments that occur, or information obtained after the date of this report.

    The MIL Network

  • MIL-OSI: AGF Management Limited Declares Third Quarter 2024 Dividend

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Sept. 25, 2024 (GLOBE NEWSWIRE) — On September 24, 2024, the Board of Directors of AGF Management Limited (TSX:AGF.B) declared a dividend of 11.5 cents per share on both the Class B Non-Voting shares and the Class A Voting common shares of the company. This dividend will be payable on October 17, 2024 to shareholders of record on October 10, 2024.

    ABOUT AGF MANAGEMENT LIMITED

    Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. Our companies deliver excellence in investing in the public and private markets through three business lines: AGF Investments, AGF Capital Partners and AGF Private Wealth.

    AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm’s collective investment expertise, driven by its fundamental, quantitative and private investing capabilities, extends globally to a wide range of clients, from financial advisors and their clients to high-net worth and institutional investors including pension plans, corporate plans, sovereign wealth funds, endowments and foundations.

    Headquartered in Toronto, Canada, AGF has investment operations and client servicing teams on the ground in North America and Europe. With nearly $50 billion in total assets under management and fee-earning assets, AGF serves more than 800,000 investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

    AGF Management Limited shareholders, analysts and media, please contact:

    Ken Tsang
    Chief Financial Officer
    416-865-4338, InvestorRelations@agf.com

    The MIL Network

  • MIL-OSI: Purpose Investments Inc. Announces Final September 2024 Distribution Rate for Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Sept. 25, 2024 (GLOBE NEWSWIRE) — Purpose Investments Inc. announced today the final September 2024 distribution rates for Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund.

    Due to the recent interest rate cut by the Federal Reserve, the distribution levels for our US cash funds have been proportionately reduced to align with this adjustment.

    The following table reflects the final distribution amounts for the month of September. Ex-distribution date is September 26, 2024.

    Open-End Fund Ticker Symbol Final distribution per unit Record Date Payable Date Distribution Frequency
    Purpose USD Cash Management Fund – ETF Units MNU.U US $ 0.4091 09/26/2024 10/02/2024 Monthly
    Purpose Cash Management Fund – ETF Units MNY $ 0.3587 09/26/2024 10/02/2024 Monthly
    Purpose High Interest Savings Fund – ETF Units PSA $ 0.1670 09/26/2024 10/02/2024 Monthly
    Purpose US Cash Fund – ETF Units PSU.U US $ 0.4052 09/26/2024 10/02/2024 Monthly


    About Purpose Investments Inc.

    Purpose Investments Inc. is an asset management company with more than $20 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company.

    For further information please contact:
    Keera Hart
    Keera.Hart@kaiserpartners.com
    905-580-1257

    Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

    The MIL Network

  • MIL-OSI: Hampton Financial Corporation Announces the Appointment of New CEO of its Oxygen Working Capital Subsidiary

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

    TORONTO, Sept. 25, 2024 (GLOBE NEWSWIRE) — Hampton Financial Corporation (“Hampton” or the “Company”, TSXV:HFC) is pleased to announce the appointment of John Levac, as CEO of Oxygen Working Capital Corp. (“Oxygen”), a wholly owned subsidiary of Hampton.

    “As we continue to develop and expand the scale of our newly acquired factoring business, Oxygen Working Capital Corp., we are delighted to welcome John Levac as CEO of Oxygen. John brings decades of experience in asset-backed and securitized lending to the company, having worked previously with major players in this space such as Wells Fargo & RBC. He also brings along numerous industry, lender and borrower relationships and we are pleased to have him join the team,” said Hampton Executive Chairman & CEO, Peter Deeb.

    “I am delighted to announce my appointment as CEO of Oxygen Working Capital, joining their Toronto based team. Oxygen consists of a highly diversified team of financial experts. As their growth potential across North America as an established and growing alternative lender is very exciting, the future looks bright. Under this new role, I look forward to connecting with many of my industry colleagues and developing new relationships with those whom I have not had the privilege of meeting yet, to enhance Oxygen’s capabilities and further diversify their relationship base,” stated John Levac.

    Hampton acquired Oxygen in early 2024 and has worked to integrate Oxygen’s factoring business into the Hampton platform while expanding Oxygen’s lending portfolio.

    About Oxygen Working Capital

    Oxygen, founded in 2017, is a specialized Canadian based lender focused on the commercial factoring business with clients across Canada, and with prospects for expanded reach and continued growth across broader North America. Oxygen provides entrepreneurs with short term financing solutions via immediate upfront capital by factoring their invoices and receivables, allowing businesses to meet their immediate working capital needs. Acquired in 2024, Oxygen is a wholly owned subsidiary of Hampton.

    About Hampton Financial Corporation

    Hampton is a unique private equity firm that seeks to build shareholder value through long-term strategic investments. In addition to Oxygen, through its Investment Dealer subsidiary, Hampton Securities Limited (“HSL”), Hampton is actively engaged in family office, wealth management, institutional services and capital markets activities. HSL is a full-service investment dealer, regulated by CIRO (Formally IIROC) and registered in Alberta, British Columbia, Manitoba, Saskatchewan, Nova Scotia, Northwest Territories, Ontario, and Quebec. In addition, the Company provides investment banking services, which include assisting companies with raising capital, advising on mergers and acquisitions, and aiding issuers in obtaining a listing on recognized securities exchanges in Canada and abroad. The Company is also exploring opportunities to diversify its sources of revenue by way of strategic investments and acquisitions in both complimentary business and non-core sectors that can leverage the expertise of its Board and the diverse experience of its management team.

    For more information, please contact:

    Olga Juravlev
    Chief Financial Officer
    Hampton Financial Corporation
    (416) 862-8701

    Or

    Peter M. Deeb
    Executive Chairman & CEO
    Hampton Financial Corporation
    (416) 862-8651

    The TSXV has in no way approved nor disapproved the contents of this press release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.

    No securities regulatory authority has either approved or disapproved of the contents of this press release. This press release does not constitute or form a part of any offer or solicitation to buy or sell any securities in the United States or any other jurisdiction outside of Canada. The securities being offered have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold within the United States or to a U.S. person absent registration or pursuant to an available exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. There will be no public offering of securities in the United States.

    Forward-Looking Statements

    This press release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements“) within the meaning of applicable Canadian securities laws, which may include, but are not limited to, information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “should”, “hopeful”, “recovery”, “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “may”, “will”, “project” or similar words, including negatives thereof, suggesting future outcomes.

    Forward-looking statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors beyond the Company’s ability to predict or control which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking statements herein. Forward-looking statements are not a guarantee of future performance. Although the Company believes that any forward-looking statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such statements, there can be no assurance that any such forward-looking statements will prove to be accurate. Actual results may vary, and vary materially, from those expressed or implied by the forward-looking statements herein. Accordingly, readers are advised to rely on their own evaluation of the risks and uncertainties inherent in forward-looking statements herein and should not place undue reliance upon such forward-looking statements. All forward-looking statements herein are qualified by this cautionary statement. Any forward-looking statements herein are made only as of the date hereof, and except as required by applicable laws, the Company assumes no obligation and disclaims any intention to update or revise any forward-looking statements herein or to update the reasons that actual events or results could or do differ from those projected in any forward-looking statements herein, whether as a result of new information, future events or results, or otherwise, except as required by applicable laws.

    The MIL Network