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Category: GlobeNewswire

  • MIL-OSI: Zoom introduces new advanced enterprise offerings to boost efficiency, reliability, security, and compliance for enterprise organizations

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, Calif., Sept. 24, 2024 (GLOBE NEWSWIRE) — Today, Zoom announced several new add-on products and functionalities to further strengthen its advanced enterprise offerings portfolio for the Zoom platform. Zoom advanced enterprise offerings consist of a comprehensive portfolio of Zoom products and features that help organizations meet their compliance, security, privacy, survivability, and manageability requirements.

    “Zoom’s advanced enterprise offerings reflect our commitment to empowering businesses and providing them with offerings that enable them to be more efficient, secure, compliant, and reliable,” said Smita Hashim, chief product officer, Zoom. “Our advanced enterprise products and features are essential tools built for Zoom Workplace and Zoom Business Services like Zoom Events and Zoom Contact Center that work behind the scenes as part of the Zoom network infrastructure to provide exceptional experiences to our customers. Our goal is to make communication and collaboration on Zoom foolproof, future-proof, and fail-proof.”

    New offerings for enterprise customers

    In 2023 alone, over $549 million in non-compliance penalties were issued globally, more than 353 million individuals were impacted by security breaches, and 31 percent of enterprises experienced unstable network or bandwidth constraints. Companies face urgent pressures to manage often complex compliance obligations, avoid hefty fines, safeguard their reputations against security threats, and prevent user dissatisfaction stemming from unreliable connectivity. Zoom’s newest additions to its advanced enterprise offerings are poised to help companies overcome these challenges.

    • Zoom Compliance Manager Plus: Launched in March and powered by Theta Lake, Zoom Compliance Manager (ZCM) is an all-in-one offering that provides archiving, eDiscovery, legal hold, and information protection offerings for enterprises. Zoom Compliance Manager Plus enhances ZCM with advanced features such as risk detection, data loss protection, and advanced trends analysis. These enhanced capabilities will further help organizations fulfill regulatory obligations and mitigate organizational communications compliance risks.
    • Zoom Meeting Survivability: Introduces a new level of network redundancy and enables business continuity, helping to ensure uninterrupted Zoom meeting service even during internet disruption due to outages from a storm, natural disaster, or carrier failure. Utilizing Zoom Node, a central hub for hosting Zoom workloads on premises, this functionality keeps meetings running smoothly via a failover to data centers where meetings are hosted on your local servers with minimal disruption to the end users.
    • Zoom Mesh for Meetings: With Zoom Mesh, companies can optimize bandwidth usage and save up to 60 percent on internet bandwidth and associated costs. Already available for Zoom Webinars and Zoom Events, this capability now extends to Zoom Meetings for an exceptional user experience regardless of bandwidth constraints.
    • Zoom Customer Managed Key (CMK) Hybrid: CMK Hybrid enhances Zoom’s current CMK data privacy offering by providing customers with more options to manage the encryption keys used to protect data maintained by Zoom. CMK Hybrid allows customers to control the entire encryption/decryption process on premises. Zoom Team Chat messages, for example, can be encrypted locally by the Zoom Workplace app (some Zoom cloud-based Team Chat functionalities will not be available as a result). Zoom CMK Hybrid will be available for Zoom Workplace starting with the support of Zoom Team Chat in Q4 2024.

    An enterprise-grade offerings portfolio designed to meet organizations’ needs

    The new advanced enterprise products and features introduced today bolster the existing robust portfolio of Zoom’s enterprise offerings, which are specifically designed to address the complex needs of large organizations and those in regulated industries such as finance, healthcare, and government agencies. These offerings are included with Zoom Workplace Enterprise licenses, help improve business continuity, optimize bandwidth, enhance security, simplify manageability, and support communications compliance. The advanced enterprise offerings are organized across six key categories:

    • Communications compliance: Archiving, Data Loss Prevention, Information Barrier, and Chat Etiquette solutions help address communications compliance requirements for regulated industries worldwide.
    • Data residency & privacy compliance: Tools to help meet local and regional customer data residency and privacy compliance requirements such as Customer Managed Key.
    • Policy & deployment management: Zoom Device Management, policy provisioning, and deployment tools to help ease implementation and support.
    • Security & access control: Encryption and virtual desktop infrastructure (VDI) offerings to provide enhanced security protection for data at rest and in transit.
    • Analytics & insights: A robust set of dashboards, monitoring, reporting, and alerting tools to improve overall operational visibility.
    • Network optimization & survivability: Zoom Mesh, Zoom Node, and Zoom survivability solutions help reduce bandwidth, optimize performance, and improve business continuity.

    Several Zoom advanced enterprise offerings including end-to-end encryption, GDPR and privacy controls, management dashboards, and other capabilities are already available with Zoom Workplace Enterprise licenses while other features, including these new products, are available as paid add-ons. For more information on Zoom’s advanced enterprise offerings, please visit the Zoom advanced enterprise website. Zoom will also host technical sessions on its enterprise offerings at Zoomtopia 2024 for those interested in learning more.

    About Zoom
    Zoom’s mission is to provide one platform that delivers limitless human connection. Reimagine teamwork with Zoom Workplace — Zoom’s open collaboration platform with AI Companion that empowers teams to be more productive. Together with Zoom Workplace, Zoom’s Business Services for sales, marketing, and customer care teams, including Zoom Contact Center, strengthen customer relationships throughout the customer lifecycle. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Get more information at zoom.com.

    Zoom Public Relations
    Travis Isaman
    press@zoom.us

    The MIL Network –

  • MIL-OSI: Cipher Mining Announces the Closing of its Acquisition of Barber Lake 300 MW Data Center Site

    Source: GlobeNewswire (MIL-OSI)

    Completed acquisition of Barber Lake data center site, which includes 250 acres of land in West Texas, a newly constructed high-to-mid voltage substation, approvals for 300 MW, and agreements necessary to participate in the ERCOT market

    Site acquisition funded with the proceeds from bitcoin inventory sales

    NEW YORK, Sept. 24, 2024 (GLOBE NEWSWIRE) — Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”) today announced it has completed the acquisition of the recently announced Barber Lake site in West Texas for a cash payment of $67.5 million and a variable fee of $3/MWh for the initial five years after the energization of the site.

    The site features 300 MW of front-of-the-meter capacity, a newly constructed, fully energized, high-to-mid voltage substation, and all necessary regulatory approvals. As part of the transaction, Cipher has acquired the 250 acres of land surrounding the substation and completed agreements necessary to participate in the ERCOT market.

    “We are delighted to close the acquisition of our new Barber Lake site, which is ideally suited for either hosting a large HPC customer or mining bitcoin. The site is immediately available with an existing high-quality substation and all the essential characteristics necessary to develop a large-scale HPC data center. Large sites with these characteristics are extremely rare, and we have already received interest in the site from multiple hyperscalers. We sold a portion of our bitcoin treasury to fund the majority of this purchase and believe we have exchanged one rare and valuable asset for an even more rare and more valuable asset – an immediately available, large-scale, interconnected site with plenty of land. We constantly assess the optimal capital allocation for our growth strategy and are thrilled to close a deal that we believe represents an ideal use of our appreciated bitcoin treasury holdings,” said Tyler Page, Cipher’s CEO.

    With this acquisition and other recently announced purchases, Cipher’s portfolio will grow to more than 2.5 GW across 10 sites.

    About Cipher
    Cipher is an emerging technology company focused on the development and operation of bitcoin mining data centers. Cipher is dedicated to expanding and strengthening the Bitcoin network’s critical infrastructure. Together with its diversely talented team and strategic partnerships, Cipher aims to be a market leader in bitcoin mining growth and innovation. To learn more about Cipher, please visit https://www.ciphermining.com/.

    Forward Looking Statements

    This press release contains certain forward-looking statements within the meaning of the federal securities laws of the United States. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements made in this press release that are not statements of historical fact, including statements about our beliefs and expectations regarding our future results of operations and financial position, business strategy, timing and likelihood of success, potential expansion of and additional bitcoin mining data centers, expectations regarding the operations of mining centers, and management plans and objectives, are forward-looking statements and should be evaluated as such. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plan and strategies. These forward-looking statements generally are identified by the words “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “seeks,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “strategy,” “future,” “forecasts,” “opportunity,” “predicts,” “potential,” “would,” “will likely result,” “continue,” and similar expressions (including the negative versions of such words or expressions).

    These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Cipher and our management, are inherently uncertain. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: volatility in the price of Cipher’s securities due to a variety of factors, including changes in the competitive and regulated industry in which Cipher operates, variations in performance across competitors, changes in laws and regulations affecting Cipher’s business, and the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of our Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 5, 2024, and in Cipher’s subsequent filings with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Cipher assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

    Contacts:
    Investor Contact:
    Josh Kane
    Head of Investor Relations at Cipher Mining
    josh.kane@ciphermining.com

    Media Contact:
    Ryan Dicovitsky / Kendal Till
    Dukas Linden Public Relations
    CipherMining@DLPR.com

    The MIL Network –

  • MIL-OSI: China Medical System: New Drug Application for Vitiligo Indication of Ruxolitinib Phosphate Cream Accepted in China

    Source: GlobeNewswire (MIL-OSI)

    SHENZHEN, CHINA, Sept. 24, 2024 (GLOBE NEWSWIRE) — China Medical System Holdings Limited (the “Company”, together with its subsidiaries, the “Group” or “CMS”) is pleased to announce that on September 24, 2024, the New Drug Application (NDA) for vitiligo indication of ruxolitinib phosphate cream (the “ruxolitinib cream” or the “Product”) has been accepted by the National Medical Products Administration of China (NMPA). This is another substantial milestone for ruxolitinib cream in China, following the approval for Urgent Clinical Import by Hainan Medical Products Administration and approval for marketing in Macau for vitiligo, and it is also a key step in benefiting over ten million of patients with vitiligo in China.

    Ruxolitinib cream achieved positive results in Chinese Real-World Study. The primary efficacy endpoint was the proportion of patients in the treatment group who achieved F-VASI 75 response at week 24, which was 49.5%, significantly higher than the target value of 14.1% (p<0.0001). The study met its primary endpoint, demonstrating that ruxolitinib cream is effective in treating patients with nonsegmental vitiligo, reducing the area of the lesions, and repigmenting the skin. All secondary efficacy endpoints showed a trend of benefit consistent with the primary efficacy endpoint, and the treatment effect for vitiligo continued to improve with longer treatment duration. Adverse events mostly had severity levels of grade 1 or 2. No adverse event (AE) leading to discontinuation or withdrawal, and no serious adverse event (SAE) related to the study drug occurred.

    While advancing the process of NDA for the Product, the Group is conducting the transfer of ruxolitinib cream from overseas production to domestic production (localization technology transfer), which is being orderly promoted by the Contract Development Manufacturing Outsourcing Organization (CDMO), and the lab-scale and pilot trial studies have been completed and under scale-up production. The Group strives to complete the localization study as soon as possible, register in Mainland China and obtain marketing approval, so as to enable the Chinese patients with vitiligo to use the innovative product.

    Vitiligo is a chronic autoimmune disease characterized by depigmentation of the skin, which results from the loss of pigment-producing cells known as melanocytes. It is estimated that there are approximately 14 million vitiligo patients in China[1]. Non-segmental vitiligo patients account for approximately 85% of them. Topical corticosteroids (TCS) and calcineurin inhibitors (CI) are used off-label for non-segmental vitiligo, however, these therapies have clinical deficiencies with long-term adverse reactions of long-term treatment or limited efficacy[2、3]. If the Product being successfully approved for marketing in China, it will be the first prescription drug approved for repigmentaton in vitiligo in Mainland China, bringing novel treatment hopes for Chinese vitiligo patients.

    CMS has always adhered to its mission of providing competitive products and services to meet unmet medical needs. Guided by innovation strategy, the Group continuously strengthens its independent R&D as well as external collaboration, enriching its product pipelines. Looking ahead, CMS will continue to identify products with differentiated advantages globally and efficiently promote their clinical development and commercialization, bringing more novel and effective drugs to patients.

    About ruxolitinib cream
    Ruxolitinib cream, (Opzelura), a novel cream formulation of Incyte’s selective JAK1/JAK2 inhibitor ruxolitinib, is approved by the U.S. Food & Drug Administration for the topical treatment of nonsegmental vitiligo in patients 12 years of age and older, and is the first and only treatment for repigmentation approved for use in the United States[4]. Ruxolitinib cream (Opzelura) is also approved in the U.S. for the topical short-term and non-continuous chronic treatment of mild to moderate atopic dermatitis (AD) in non-immunocompromised patients 12 years of age and older whose disease is not adequately controlled with topical prescription therapies, or when those therapies are not advisable[5]. In Europe, ruxolitinib cream (Opzelura) is approved for the treatment of non-segmental vitiligo with facial involvement in adults and adolescents from 12 years of age[6].

    The Product is not approved by the NMPA for any indication in Mainland China. However, on 12 August 2023, the Product was approved by Hainan Medical Products Administration for Urgent Clinical Import, and officially became available to applicable patients in the Hainan Boao Lecheng International Medical Tourism Pilot Zone (the “Pilot Zone”) on August 18, for the topical treatment of non-segmental vitiligo in adults and adolescents aged 12 and above with facial involvement. Benefiting from the Early and Pilot Implementation Policy granted by the state to Hainan Free Trade Port and the Pilot Zone, patients with vitiligo in China can apply for the Product in Boao Super Hospital first and receive treatment from the expert team. In addition, ruxolitinib cream was approved by the Pharmaceutical Administration Bureau (ISAF) of Macau on 11 April 2024 for the topical treatment of non-segmental vitiligo with facial involvement in adult and adolescents form 12 years of age.

    On 2 December 2022, the Group through a subsidiary of the Company, a dermatology medical aesthetic company (“CMS Skinhealth”) entered into a Collaboration and License Agreement (the “License Agreement”) with Incyte for topical formulations of ruxolitinib for the treatment of autoimmune and inflammatory dermatology diseases. In accordance with the  License Agreement, the Group through CMS Skinhealth received an exclusive license to develop, register and commercialize the Product in Mainland China, Hong Kong Special Administrative Region, Macau Special Administrative Region, Taiwan Region and eleven Southeast Asian countries (Indonesia, Philippines, Vietnam, Thailand, Myanmar, Malaysia, Cambodia, Laos, Singapore, Timor-Leste and Brunei Darussalam) (the “Territory”) and a non-exclusive license to manufacture the Product in the Territory. The License Agreement commenced on its effective date and has a royalty term of ten years from the date of the commercial sale of the Product in the Territory (the “Royalty Term”). Upon the expiration of the Royalty Term, the License Agreement may be renewed for a period of ten years thereafter (the “Initial Extended Royalty Term”) as per certain conditions defined in the License Agreement. Upon the expiration of the Initial Extended Royalty Term, the License Agreement may be extended for a period otherwise agreed by both sides as per certain conditions defined in the License Agreement.

    Incyte has worldwide rights for the development and commercialization of the Product, marketed in the United States and Europe as Opzelura®. Opzelura and the Opzelura logo are registered trademarks of Incyte.

    About CMS
    CMS is a platform company linking pharmaceutical innovation and commercialization with strong product lifecycle management capability, dedicated to providing competitive products and services to meet unmet medical needs.

    CMS focuses on the global first-in-class (FIC) and best-in-class (BIC) innovative products, and efficiently promotes the clinical research, development and commercialization of innovative products, enabling the continuous transformation of scientific research into clinical practices to benefit patients.

    CMS deeply engages in several specialty therapeutic fields, and has developed proven commercialization capabilities, extensive networks and expert resources, resulting in leading academic and market positions for its major marketed products. CMS continues to promote the in-depth development of its advantageous specialty fields and expand business boundaries. While strengthening the competitiveness of the cardio-cerebrovascular/gastroenterology business, CMS independently operates its dermatology and medical aesthetics business, and ophthalmology business, aiming to gain leading positions in specialty therapeutic fields, whilst enhancing the scale and efficiency. At the same time, CMS has expanded its business territory to the Southeast Asian market, striving to become a “bridgehead” for global pharmaceutical companies to enter the Southeast Asian market, further escorting the sustainable and healthy development of the Group.

    Reference：

    1. Ezzedine K, Eleftheriadou V, Whitton M, van Geel N. Vitiligo. Lancet. 2015;386(9988):74-84. doi:10.1016/S0140-6736(14)60763-7
    2. Consensus on the diagnosis and treatment of vitiligo (2021 version)
    3. Kubelis-López DE, Zapata-Salazar NA, Said-Fernández SL, Sánchez-Domínguez CN, Salinas-Santander MA, Martínez-Rodríguez HG, Vázquez-Martínez OT, Wollina U, Lotti T, Ocampo-Candiani J. Updates and new medical treatments for vitiligo (Review). Exp Ther Med. 2021 Aug;22(2):797. doi: 10.3892/etm.2021.10229. Epub 2021 May 25. PMID: 34093753; PMCID: PMC8170669.
    4. Drug approval information can be found on the FDA official website, as follows: $1
    5. Drug approval information can be found on the Incyte official website, as follows: https://investor.incyte.com/news-releases/news-release-details/incyte-announces-us-fda-approval-opzeluratm-ruxolitinib-cream
    6. Drug approval information can be found on the EMA official website, as follows: https://www.ema.europa.eu/en/medicines/human/EPAR/opzelura

    CMS Disclaimer and Forward-Looking Statements
    This press release is not intended to promote any products to you and is not for advertising purposes. This press release does not recommend any drugs, medical devices and/or indications. If you want to know more about the diagnosis and treatment of specific diseases, please follow the opinions or guidance of your doctor or other medical and health professionals. Any treatment-related decisions made by healthcare professionals should be based on the patient’s specific circumstances and in accordance with the drug package insert.

    This press release which has been prepared by CMS does not constitute any offer or invitation to purchase or subscribe for any securities, and shall not form the basis for or be relied on in connection with any contract or binding commitment whatsoever. This press release has been prepared by CMS based on information and data which it considers reliable, but CMS makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this press release. Certain matters discussed in this press release may contain statements regarding the Group’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. Any forward-looking statements and projections made by third parties included in this press release are not adopted by the Group and the Company is not responsible for such third-party statements and projections.

    Media Contact

    Brand: China Medical System Holdings Ltd.

    Contact: CMS Investor Relations

    Email: ir@cms.net.cn

    Website: https://web.cms.net.cn/en/home/

    Source: China Medical System Holdings Ltd.

    The MIL Network –

  • MIL-OSI: Onfolio Holdings Inc. Signs Agreement To Acquire Eastern Standard Business

    Source: GlobeNewswire (MIL-OSI)

    WILMINGTON, Del., Sept. 24, 2024 (GLOBE NEWSWIRE) — Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW) (the “Company” or “Onfolio”), a company that acquires and manages a diversified portfolio of online businesses, today announced that it has entered into an asset purchase agreement to acquire the majority interest in the assets of Eastern Standard LLC. The Company expects the acquisition to close October 1, 2024. The asset purchase agreement includes customary representations, warranties and covenants by the parties and the closing of the asset purchase agreement is subject to customary closing conditions. 

    As with the previous DDS Rank acquisition, this acquisition will occur with the assistance of Onfolio’s Special Purpose Vehicle “Onfolio Agency SPV LLC,” and an additional SPV “Onfolio Agency SPV 2 LLC” which will acquire a minority interest in the business.

    Eastern Standard provides clients with digital marketing services including integrated branding, and digital customer experiences. Their past client roster includes Neil de Grass Tyson, and Cornell Law, among others. For the fiscal year ended 12/31/2023, Eastern Standard generated approximately $4,000,000 in revenue and $630,000 in unaudited adjusted earnings before interest, taxes, depreciation and amortization (“EBITDA”).

    “Eastern Standard is an excellent business, with a strong leadership team and another exciting acquisition for us. Similar to Revenuezen, Eastern Standard is not alone a standalone business, but a platform for us to use for further acquisitions targeting organic and inorganic growth,” commented Onfolio CEO Dominic Wells. “As we build out the agency side of our portfolio, we continue to both level up the quality of business we own, and increase our capabilities to serve clients and cross-promote services.”

    On the deal structure, Wells added, “As with DDS Rank, we will complete this acquisition without Onfolio Holdings paying any upfront cash or issuing any common shares.”

    “The purchase price is $2,160,000 for 90% ownership. Our special purpose vehicle funding program, which continues to raise capital that is not dilutive to Onfolio shareholders, is investing $500,000 in exchange for 20% of Eastern Standard. Onfolio will own 70% of Eastern Standard in exchange for $410,000 of Series A Preferred Shares and through two secured promissory notes totalling $1,250,000 in the aggregate.”

    The Series A Preferred Shares and secured promissory notes to be issued by Onfolio will pay dividends and interest and are not convertible into Onfolio common shares.

    “We have mentioned previously that we have several acquisitions with structures similar to the DDS Rank and Eastern Standard transactions and should have enough capital to close because of our special purpose vehicle program’s non-dilutive funding,” said Dom Wells. “This acquisition should help us in our efforts to achieve profitability,” concluded Wells.

    About Eastern Standard

    Eastern Standard, a Philadelphia-based combined web and branding agency since 2014, was created to help clients navigate the creation of integrated branding and digital customer experiences. Using a data-first approach, Eastern Standard blends strategy, creativity, and technology to drive end-to-end brand and digital transformation.

    About Onfolio Holdings

    Onfolio acquires and manages a diversified portfolio of online businesses. Onfolio acquires business that meet its investment criteria, being that such businesses operate in sectors with long-term growth opportunities, have positive and stable cash flows, face minimal threats of technological or competitive obsolescence and can be managed by our existing team or have strong management teams largely in place. The Company excels at finding acquisition opportunities where the seller has not fully optimized their business, and Onfolio’s experience and skillset allows it to add increased value to these existing businesses. Visit www.onfolio.com for more information.

    Safe Harbor Statement

    The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words “may,” “will,” “should,” “plans,” “explores,” “expects,” “anticipates,” “continues,” “estimates,” “projects,” “intends,” and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing new customer offerings, changes in customer order patterns, changes in customer offering mix, continued success in technological advances and delivering technological innovations, delays due to issues with outsourced service providers, those events and factors described by us under the caption “Risk Factors” included in our SEC filings and other risks to which our Company is subject, and various other factors beyond the Company’s control.

    Investor Contact

    investors@onfolio.com

    The MIL Network –

  • MIL-OSI: LYB secures capacity to reach its 2030 renewable electricity goal

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON and ROTTERDAM, the Netherlands, Sept. 24, 2024 (GLOBE NEWSWIRE) — LyondellBasell (LYB) today announced it signed a power purchase agreement with Eneco N.V. This agreement brings LYB’s total secured renewable electricity capacity to 100% of its renewable electricity procurement target.

    “Taking climate action is a key part of our strategy to create value for our stakeholders, the environment and society. I am therefore delighted that this latest agreement will help us reach our 2030 renewable electricity goal once all projects become operational,” said Peter Vanacker, LyondellBasell CEO. “Power Purchase Agreements are a critical lever in our efforts to reduce our absolute scope 1 and 2 greenhouse gas emissions.”

    Approximately 15% of LYB’s 2020 baseline scope 1 and 2 greenhouse gas emissions come from its electricity consumption. The company target to procure a minimum of 50% of its electricity from renewable sources by 2030 is based on 2020 procured levels.

    Under the 15-year PPA signed today, LYB will secure 25 megawatts (MW) of renewable electricity generation capacity from the Hollandse Kust West VI (HKW-VI) ecology plot offshore wind farm in the North Sea, the Netherlands.

    Eneco will deliver approximately 103 gigawatt-hours (GWh) of offshore wind power to LYB annually, starting in 2027. This is comparable to the annual electricity consumption of approximately 28,500 European homes. The offshore wind park will rank among the largest of its kind in the Netherlands.

    About LyondellBasell

    LyondellBasell is a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors and society. As one of the world’s largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. For more information, please visit or follow @LyondellBasell on LinkedIn.  

    Forward-Looking Statements

    The statements in this release relating to matters that are not historical facts are forward-looking statements. These forward-looking statements are based upon assumptions of management of LyondellBasell which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual results could differ materially based on factors including, but not limited to, the availability, cost and price volatility of utilities; our ability to meet our sustainability goals, including our ability to reduce our emissions and achieve net zero emissions by the time set in our goals; our ability to procure energy from renewable sources; and the successful construction and operation of the projects described in this release. Additional factors that could cause results to differ materially from those described in the forward-looking statements can be found in the “Risk Factors” section of our Form 10-K for the year ended December 31, 2023, which can be found at www.LyondellBasell.com on the Investor Relations page and on the Securities and Exchange Commission’s website at www.sec.gov. There is no assurance that any of the actions, events or results of the forward-looking statements will occur, or if any of them do, what impact they will have on our results of operations or financial condition. Forward-looking statements speak only as of the date they were made and are based on the estimates and opinions of management of LyondellBasell at the time the statements are made. LyondellBasell does not assume any obligation to update forward-looking statements should circumstances or management’s estimates or opinions change, except as required by law.

    For media inquiries, please contact:​
    Media Inquiries
    LyondellBasell Media Relations
    ​Phone: +1 713 309 7575
    ​Email: mediarelations@lyondellbasell.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e76dd5c6-698a-445c-9c45-61d139c32245

    The MIL Network –

  • MIL-OSI: Middlefield Canadian Income PCC: Net Asset Value(s)

    Source: GlobeNewswire (MIL-OSI)

    Middlefield Canadian Income PCC Net Asset Value

    Middlefield Canadian Income PCC

    Middlefield Canadian Income – GBP PC
    (a protected cell company incorporated in Jersey with registration number 93546)
    Legal Entity Identifier: 2138007ENW3JEJXC8658

    Net Asset Value

    As at the close of business on 23 September 2024 the estimated unaudited Net Asset Value per share was 130.93 pence (including accrued income).

    Investments in the Company’s portfolio have been valued on a bid price basis.

    Enquiries:

    JTC Fund Solutions (Jersey) Limited
    01534 700 000

    The MIL Network –

  • MIL-OSI: SUPPLEMENT to Oma Savings Bank Plc’s stock exchange release on 23 September 2024 regarding the issuance of an unsecured senior-term bond

    Source: GlobeNewswire (MIL-OSI)

    OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE 24 SEPTEMBER 2024 AT 16.25 P.M. EET, OTHER INFORMATION DISCLOSED TO THE RULES OF THE EXCHANGE

    SUPPLEMENT to Oma Savings Bank Plc’s stock exchange release on 23 September 2024 regarding the issuance of an unsecured senior-term bond

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR SUCH OTHER COUNTRIES OR OTHERWISE IN SUCH CIRCUMSTANCES IN WHICH THE OFFERING OF THE NEW NOTES, THE TENDER OFFER OR THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

    Oma Savings Bank Plc (“OmaSp” or the “Company”) supplements the stock exchange release on 23.9.2024 regarding the issuance of an unsecured senior-term bond. The euro amount of the senior-term bond will change from the previously announced amount and the updated total amount is EUR 40 million.

    The Final terms are available on the Company’s website at https://www.omasp.fi/en/investors no later than 27 September 2024.

    Oma Savings Bank Plc

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

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

    OmaSp is a solvent and profitable Finnish bank. About 500 professionals provide nationwide services through OmaSp’s 45 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners’ products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations.

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

    The MIL Network –

  • MIL-OSI: Form 8.3 – AXA INVESTMENT MANAGERS: Rightmove 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: AXA Investment Managers S.A.
    (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    		 Rightmove 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    		 23 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”    		 YES
    REA Group Ltd

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 0.1p ordinary
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled: 10,227,030 1.30    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: AXA Investment Managers does not have discretion regarding voting decisions in respect of 3,059,659 that are included in the total above 10,227,030 1.30    

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    0.1p ordinary Sale 6,872 GBP 6.90
    0.1p ordinary Sale 626 GBP 6.90
    0.1p ordinary Sale 14,403 GBP 6.83
    0.1p ordinary Sale 15,576 GBP 6.84
    0.1p ordinary Sale 28,934 GBP 6.90
    0.1p ordinary Sale 2,634 GBP 6.90
    0.1p ordinary Sale 60,645 GBP 6.83
    0.1p ordinary Sale 65,583 GBP 6.84
    0.1p ordinary Sale 124 GBP 6.90
    0.1p ordinary Sale 2,860 GBP 6.83
    0.1p ordinary Sale 3,093 GBP 6.84
    0.1p ordinary Sale 3,978 GBP 6.90
    0.1p ordinary Sale 362 GBP 6.90
    0.1p ordinary Sale 8,339 GBP 6.83
    0.1p ordinary Sale 9,018 GBP 6.84
    0.1p ordinary Sale 61,706 GBP 6.83
    0.1p ordinary Sale 66,730 GBP 6.84

    (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
             

    (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: 24 September 2024
    Contact name: Sabrina AID
    Telephone number*: +33 1 44 45 59 79

    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.

    *If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.

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

    The MIL Network –

  • MIL-OSI: Investment Management Update

    Source: GlobeNewswire (MIL-OSI)

    THAMES VENTURES VCT 2 PLC
    LEI: 21380035MV1VRYEXPR95

    INVESTMENT MANAGEMENT UPDATE
    20 SEPTEMBER 2024

    Following the novation of the investment management agreement from Downing LLP (“Downing”) to Foresight Group LLP (“Foresight”) comprising management of the Company’s Venture, AIM and DP67 share classes in July 2022, the Board is pleased to confirm that Foresight has now also been appointed as Manager of the Company’s Healthcare share class following completion of a Put-Option Agreement between Downing and Foresight on 20 September 2024.

    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: Form 8.3 – AXA INVESTMENT MANAGERS: NewRiver REIT plc

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE / DEALING 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: AXA Investment Managers S.A.
    (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    		 NewRiver REIT 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    		 23 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”    		 NO

    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: 5,677,323 1.50    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 5,677,323 1.50    

    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
             

    (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)
    1p ordinary Receipt of placing shares 650,000 GBP 0.80

    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: 24 September 2024
    Contact name: Sabrina AID
    Telephone number*: +33 1 44 45 58 79

    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.

    *If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.

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

    The MIL Network –

  • MIL-OSI: Form 8.3 – AXA INVESTMENT MANAGERS: REA Group Ltd

    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: AXA Investment Managers S.A.
    (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    		 REA Group Ltd
    (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    		 23 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”    		 YES
    Rightmove plc

    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: Ordinary NPV
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled: 11,799 0.01    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 11,799 0.01    

    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
    Ordinary NPV Purchase 4 AUD 194

    (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
             

    (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: 24 September 2024
    Contact name: Sabrina AID
    Telephone number*: +33 1 44 45 58 79

    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.

    *If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.

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

    The MIL Network –

  • MIL-OSI: BlackRock® Canada Announces Final September Cash Distributions for the iShares® Premium Money Market ETF

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Sept. 23, 2024 (GLOBE NEWSWIRE) — BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the final September 2024 cash distributions for the iShares Premium Money Market ETF. Unitholders of record on September 24, 2024 will receive cash distributions payable on September 27, 2024.

    Details regarding the final “per unit” distribution amounts are as follows:

    Fund Name Fund Ticker Cash Distribution Per Unit
    iShares Premium Money Market ETF CMR $0.167

    Further information on the iShares ETFs can be found at http://www.blackrock.com/ca.

    About BlackRock

    BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @BlackRockCA

    About iShares ETFs

    iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 1400+ exchange traded funds (ETFs) and US$3.86 trillion in assets under management as of June 30, 2024, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.

    iShares® ETFs are managed by BlackRock Asset Management Canada Limited.

    Commissions, trailing commissions, management fees and expenses all may be associated with investing in iShares ETFs. Please read the relevant prospectus before investing. The funds are not guaranteed, their values change frequently and past performance may not be repeated. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional.  

    Contact for Media:
    Reem Jazar
    Email: reem.jazar@blackrock.com

    The MIL Network –

  • MIL-OSI: Oportun Announces $306 Million Committed Warehouse Facility Extension

    Source: GlobeNewswire (MIL-OSI)

    SAN CARLOS, Calif., Sept. 23, 2024 (GLOBE NEWSWIRE) — Oportun (Nasdaq: OPRT), a mission-driven financial services company, today announced the closing of an amendment and extension to its long-term warehouse facility. Features of this facility include:

    • $306 million total commitment
    • Goldman Sachs as senior lender – and Jefferies, as mezzanine lender – both existing, longstanding lenders to Oportun
    • A new two-year revolving period
    • Collateralized by Oportun’s unsecured and secured personal loan originations

    “This warehouse facility extension expands on Oportun’s longstanding lending relationships”, said Jonathan Coblentz, Chief Financial Officer of Oportun. “With the support of our lenders at Goldman Sachs and Jefferies, this committed financing will help drive Oportun’s responsible growth in the years ahead.”

    Oportun maintains a diverse set of capital sources including committed warehouse facilities, asset-backed securitizations, corporate-level debt financing, and whole loan sales.

    About Oportun

    Oportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members’ financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $18.7 billion in responsible and affordable credit, saved its members more than $2.4 billion in interest and fees, and helped its members save an average of more than $1,800 annually. For more information, visit Oportun.com.

    About Goldman Sachs

    Goldman Sachs is a leading global financial institution that delivers a broad range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

    About Jefferies

    Jefferies (NYSE: JEF) is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, wealth, and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies and governments. For more information: www.jefferies.com.

    Investor Contact
    Dorian Hare
    (650) 590-4323
    ir@oportun.com

    Media Contact
    Michael Azzano
    Cosmo PR for Oportun
    michael@cosmo-pr.com
    (415) 596-1978

    The MIL Network –

  • MIL-OSI: Calm Waters Partnership Acquires Common Shares of Fiddlehead Resources Corp.

    Source: GlobeNewswire (MIL-OSI)

    MILWAUKEE, Sept. 23, 2024 (GLOBE NEWSWIRE) — Calm Waters Partnership (“Calm Waters“) today announced that on September 3, 2024, 5 million previously acquired subscription receipts of 1487477 B.C. Ltd., a wholly owned subsidiary of Fiddlehead Resources Corp. (“Fiddlehead”) acquired for a purchase price of CAD $1 million, were exchanged for 5 million common shares (the “Common Shares”) and 5 million warrants (the “Warrants”) of Fiddlehead in connection with a business combination. As a result of the exchange, as at September 3, 2024, Calm Waters holds 5 million Common Shares, representing 8.00% of the then issued and outstanding Common Shares on a non-diluted basis and 17.00% of the then issued and outstanding Common Shares on a partially-diluted basis, assuming exercise of the 5 million Warrants held by Calm Waters. This news release is being issued with respect to Calm Waters under the early warning provisions of Canadian securities legislation.

    A copy of the Early Warning Report that was filed with the applicable securities commissions can be obtained on SEDARplus.ca or by contacting:

    Calm Waters Partnership
    115 S. 84th Street
    Suite 200
    Milwaukee, Wisconsin
    USA 53214

    Contact:

    Robert S. Strong,
    Managing Partner
    414-456-9000

    The MIL Network –

  • MIL-OSI: Faircourt Asset Management Inc. Announces September Distribution

    Source: GlobeNewswire (MIL-OSI)

    Toronto, Sept. 23, 2024 (GLOBE NEWSWIRE) — Faircourt Asset Management Inc., as Manager of the Faircourt Fund (NEO:FGX), is pleased to announce the monthly distribution payable on the Shares of the below listed Fund.

    Faircourt Funds Trading Symbol Distribution Amount (per share/unit) Ex-Dividend Date Record Date Payable Date
    Faircourt Gold Income Corp. FGX $0.024 September 27, 2024 September 30, 2024 October 15, 2024

    Faircourt Asset Management Inc. is the Investment Advisor for Faircourt Gold Income Corp.

    This press release is not for distribution in the United States or over United States wire services.

    For further information on the Faircourt Funds, please visit www.faircourtassetmgt.com or
    please contact 1-800-831-0304.

    You will usually pay brokerage fees to your dealer if you purchase or sell Shares of the Fund on the NEO Exchange or other alternative Canadian trading system (an “exchange”). If the Shares are purchased or sold on an exchange, investors may pay more than the current net asset value when buying Shares of the Fund and may receive less than the current net asset value when selling them.

    There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in the public filings available at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

    The MIL Network –

  • MIL-OSI: BTCC Exchange Kicks Off Global Ambassador Program Offering Exciting Incentives

    Source: GlobeNewswire (MIL-OSI)

    VILNIUS, Lithuania, Sept. 23, 2024 (GLOBE NEWSWIRE) — BTCC Exchange, a leader in cryptocurrency trading, is excited to announce the launch of its Ambassador Program. This global initiative invites crypto enthusiasts and influencers worldwide to become advocates for BTCC, helping to drive its mission and expand its reach.

    The Ambassador Program is open to a wide range of crypto enthusiasts and includes four categories:

    • BTCC Citizen: Every like, share, and comment from Citizens strengthens BTCC’s online presence. Be a vital part of spreading the word and building the BTCC community.
    • BTCC Creator: Lead the way forward by promoting BTCC through original content creation. Share how-to guides, reviews, and tutorials across social media platforms to help others discover the benefits of BTCC.
    • BTCC Champion: Showcase trading strategies and highlight BTCC Exchange’s key features on social media. Take pride in being a trusted voice within the crypto space.
    • BTCC Connector: Organize local offline events and represent BTCC within regions. Be the bridge between BTCC and the community, bringing people together in the crypto space.

    Interested individuals can apply to multiple categories that fit their skills and experience. Ambassadors will enjoy tailored incentives based on their role and fanbase size on social media, with incentives including exclusive branded merchandise, tickets to global crypto events, and more.

    Creators, in particular, have the potential to earn between $2,000 and $20,000 monthly by promoting BTCC on platforms like YouTube and TikTok. Creators can share engaging content such as how-to guides, tutorials, and exchange reviews, in both long and short video formats. Those who stand out will unlock additional benefits, including higher commission rates and exclusive NFTs.

    BTCC has previously collaborated with notable crypto personalities such as Connor Kenny, Traders Reality, Crypto League, Crypto Vlog, Ben Crypto, and Crypto Skillet, strengthening its presence in the global crypto community.

    Interested parties who want to be part of this exciting mission can apply by filling out the Google Form under “Become A BTCC Ambassador” via this link.

    About BTCC

    Founded in 2011, BTCC has established itself as a prominent player in the cryptocurrency industry with a strong focus on security. The exchange regularly introduces new features to meet the evolving needs of its global traders.

    Website: https://www.btcc.com/en-US

    X: https://x.com/BTCCexchange

    Contact: press@btcc.com

    The MIL Network –

  • MIL-OSI: Dundee Corporation Announces Acquisition of Shares of Maritime Resources Corp.

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Sept. 23, 2024 (GLOBE NEWSWIRE) — In accordance with regulatory requirements, Dundee Corporation (TSX: DC.A) (“Dundee”) announces that its wholly owned subsidiary, Dundee Resources Limited, has acquired by private agreement 47,000,000 common shares of Maritime Resources Corp. (TSXV – MAE) (the “Issuer”) at a price of $0.034 per share for aggregate consideration of C$1,598,000.

    Immediately prior to the acquisition of securities described in this news release, Dundee and its affiliates owned 312,967,123 common shares and 53,961,033 warrants of the Issuer representing an approximate 37.66% interest in the Issuer on an undiluted basis and a 41.46% interest in the Issuer on a partially diluted basis. Immediately following the transaction that triggered the requirement to file this news release, Dundee and its affiliates own or control an aggregate of 359,967,123 common shares and 53,961,033 warrants, representing an approximate 43.32% interest in the Issuer on an undiluted basis and a 46.77% interest in the Issuer on a partially diluted basis.  

    Dundee acquired the securities of the Issuer for investment purposes only. Dundee intends to review, on a continuous basis, various factors related to its investment, including (but not limited to) the price and availability of the securities of the Issuer, subsequent developments affecting the Issuer or its business, and the general market and economic conditions. Based upon these and other factors, Dundee may decide to purchase additional securities of the Issuer or may decide in the future to sell all or part of its investment.

    This news release is being issued in accordance with National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an early warning report. The early warning report respecting the acquisition will be filed on the System for Electronic Document Analysis and Retrieval (“SEDAR”) at www.sedar.com under the Issuer’s profile. To obtain a copy of the early warning report filed by Dundee, please contact:

    Dundee Corporation
    Legal Department
    80 Richmond Street West, Suite 2000
    Toronto, Ontario M5H 2A4
    Tel: (416) 365-5172

    ABOUT DUNDEE CORPORATION

    Dundee Corporation is a public Canadian independent holding company, listed on the Toronto Stock Exchange under the symbol “DC.A”. Through its operating subsidiaries, Dundee Corporation is an active investor focused on delivering long-term, sustainable value as a trusted partner in the mining sector with more than 30 years of experience making accretive mining investments.

    FOR FURTHER INFORMATION PLEASE CONTACT:

    Investor and Media Relations
    T: (416) 864-3584
    E: ir@dundeecorporation.com

    The MIL Network –

  • MIL-OSI: Griffin Global Asset Management Announces Closing of $400 Million Senior Unsecured Notes Offering

    Source: GlobeNewswire (MIL-OSI)

    DUBLIN, Ireland, Sept. 24, 2024 (GLOBE NEWSWIRE) — Griffin Global Asset Management (“Griffin”) announces the successful closing by GGAM Finance Ltd. of an offering of an aggregate principal amount of $400 million senior unsecured notes. The notes were priced at par.

    The offering comprises $400 million of 5.875% senior unsecured notes due 2030 (the “Notes”). The Notes will be guaranteed by Griffin Global Asset Management Holdings, Ltd. and certain of its subsidiaries. Proceeds from the issuance will be used for general corporate purposes, which may include financing the acquisition of new aircraft deliveries and the future repayment of outstanding indebtedness.

    John Beekman, Griffin CFO, commented: “We are delighted to announce the closing of our latest unsecured notes offering. This issuance reaffirms our unwavering commitment to the unsecured capital markets and brings our total volume of unsecured notes issued to $2.5 billion in under 18 months. With the issuance of these notes we also disclosed that our secured warehouse was previously reduced to zero, which means inclusive of this issuance we currently have a fully unsecured balance sheet. We are grateful to our expanding investor base for the support they have shown us as we continue along our path to achieving investment grade ratings.”

    The Notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or the securities laws of any jurisdiction and may be offered or sold only in a transaction exempt from, or not subject to, the registration requirements of the Securities Act. The Notes were offered and sold only to qualified institutional buyers in reliance on Rule 144A under the Securities Act and outside the United States to non-U.S. persons in offshore transactions in reliance on Regulation S under the Securities Act.

    This press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall there be any sale of the Notes in any state or other 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.

    Forward Looking Statements

    This press release may contain forward-looking statements that involve substantial risks and uncertainties. You can identify these statements by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “anticipate,” “project,” “estimate,” “intend,” “continue” or “believe” or the negatives thereof or other variations thereon or comparable terminology. You should read statements that contain these words carefully because they discuss our plans, strategies, prospects and expectations concerning our business, operating results, financial condition and other similar matters. We believe that it is important to communicate our future expectations to our investors. There may be events in the future, however, that we are not able to predict accurately or control. Any forward-looking statement made by us in this press release speaks only as of the date on which we make it. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    About Griffin Global Asset Management

    Griffin is a commercial aircraft leasing and alternative asset management business with offices in Dublin, Ireland, Puerto Rico, and Los Angeles, CA. Griffin’s team of professionals works closely with airlines, manufacturers, maintenance providers, and financiers to deliver innovative capital solutions globally.

    The MIL Network –

  • MIL-OSI: EfTEN REAL ESTATE FUND AS NOTICE CALLING THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS

    Source: GlobeNewswire (MIL-OSI)

    The Management Board of EfTEN Real Estate Fund AS (registry code 12864036; seat Tallinn, A. Lauteri 5) calls the extraordinary general meeting of shareholders on 16 October 2024 at 15:00.

    Venue of the general meeting: Radisson Collection Hotel second floor conference centre hall “Tallinn”, address Tallinn, Rävala 3.

    The registration of participants of the general meeting starts at 14:00 on 16 October 2024 at the venue of the meeting. The registration ends at 15:00. If possible, we request that all shareholders arrive in time considering the time required to register the participants of the meeting.
    The list of shareholders who shall be entitled to participate in the extraordinary general meeting shall be fixed seven days prior to the date of the general meeting, i.e., on 09 October 2024 as at the end of the working day of the registrar of the settlement system of the fund’s securities.

    The shareholders may also participate by appointing a representative or vote prior to the meeting on the items on the agenda of the general meeting by using electronic means. There will be no video transmission of the general meeting.
    When appointing a representative, we recommend you to appoint Viljar Arakas, a member of the Management Board of the fund, whom you can give precise instructions to vote on your behalf on each agenda item. In case a shareholder wishes to use the template of power of attorney upon appointment of a representative, the respective template is available on the webpage of the fund https://eref.ee/investorile/uldkoosolekud/.  

    Electronic voting of draft resolutions
    Shareholders may vote electronically on the items on the agenda before the general meeting is held in accordance with the following procedure:

    1. The electronic vote must be sent to the address koosolek@eften.ee not later than on 15 October at 16:00 (Estonian time). The shareholder has the right to change or cancel the vote given or submit objections not later than indicated in the previous sentence.
    2. The shareholder’s vote must be given on the respective form available on the fund’s website https://eref.ee/investorile/uldkoosolekud/ and must be digitally signed. In case several correctly filled and signed voting ballots are submitted on behalf of one shareholder, only the latest received voting ballot shall be considered valid, and all previous voting ballots of that shareholder shall be considered invalid. In case the shareholder has submitted the voting ballot, but also attends the general meeting in person, all the voting ballots submitted by the shareholder before the general meeting shall be considered invalid.
    3. In case the shareholder is represented at the general meeting by a representative, a digitally signed power of attorney certifying the right of representation must be submitted to the e-mail address koosolek@eften.ee together with the electronic vote or before submitting the electronic vote.
    4. Shareholders who have voted no later than 15 October 2024 at 16.00 (Estonian time) shall be deemed to have taken part in the general meeting and the votes represented by the shareholders’ shares shall be accounted as part of the quorum of the general meeting, unless otherwise provided by law.

    Pursuant to the resolution of the Supervisory Board of EfTEN Real Estate Fund AS, the extraordinary general meeting will have the following agenda together with proposals of the Supervisory Board to the shareholders:

    Item 1: Management Board’s overview of the fund’s business activities of this year
    The Management Board shall provide an overview of the fund’s business activities of this year. The item is for informational purposes only.

    Item 2: Increase of share capital and listing of new shares on the Main List of Nasdaq Tallinn Stock Exchange
    To ensure the ongoing development and future investments of the fund, the fund plans to carry out an additional share issue in the amount of up to 30,000,000 euros. According to clause 6.11 of the fund’s Articles of Association, the general meeting has the right to delegate the increase of the share capital to the competence of the Supervisory Board.
    Proposal of the Supervisory Board:
    2.1. To delegate to the competence of the Supervisory Board, the decision on the increase of share capital for a six-month period following this general meeting, considering that the total volume of the additional capital to be raised will not exceed 30,000,0000 euros and the existing shareholders shall retain the pre-emptive right to subscribe for the new shares.
    2.2. To apply for the listing and admission to trading of all newly issued shares on the Main List of Nasdaq Tallinn Stock Exchange, and to authorise the Supervisory Board and the Management Board of the fund to carry out all activities and conclude all agreements necessary for this purpose.

    Additional organisational information:
    Documents related to the general meeting, including the approved annual report of the previous financial year, drafts of the board’s decisions and any other information subject to the statutory disclosure requirement are available for examination on the webpage of the fund www.eref.ee and until the date (incl.) of the general meeting, at the premises of the fund (address A. Lauteri 5, 10114 Tallinn, 3rd floor) on working days from 09:00 until 16:00.
    Questions with respect to the matters on the agenda of the general meeting can be submitted via e-mail address: koosolek@eften.ee or by mail to the address of the fund (Tallinn 10114, A. Lauteri 5) or via phone by calling + 372 655 9515. Questions, answers, shareholders’ proposals with respect to the matters on the agenda and the minutes of the general meeting shall be published on the webpage of EfTEN Real Estate Fund AS www.eref.ee.

    We request to submit the following to register the participants of the general meeting:
    – in case of a shareholder who is a natural person, an identity document. A representative of a shareholder shall also present a power of attorney in written form.
    – in case of a shareholder who is a legal person, an extract from the registry where the legal person is registered, which proves the authorisation of the representative to represent the legal person (right of representation arising from law) and an identity document of the representative. In case the representative is not a legal representative of the legal person, a valid power of attorney shall also be required. Where required by applicable law, documents pertaining to a legal person registered in a foreign country are requested to be legalized or duly apostilled. Documents in foreign language are requested to be accompanied by a translation into Estonian by a sworn translator.

    At the general meeting, a shareholder is entitled to receive information from the Management Board on the activities of the fund. The Management Board may decide to withhold information if there is a reason to believe that the disclosure of information may cause significant damage to the interests of the public limited company. If the Management Board refuses to disclose information, the shareholder may demand from the general meeting to adopt a resolution regarding the lawfulness of the information request or to file, within two weeks, a petition to a court by way of proceedings on petition in order to obligate the Management Board to give information.

    The shareholders whose shares represent at least 1/20 of the share capital may request for additional items to be included on the agenda of the general meeting, if the respective request is submitted in writing at least 15 days prior to the general meeting to the address EfTEN Real Estate Fund AS, A. Lauteri 5, 10114 Tallinn.
    The shareholders whose shares represent at least 1/20 of the share capital may present a draft resolution in respect of each item on the agenda in writing no later than three days prior to the general meeting to the address EfTEN Real Estate Fund AS, A. Lauteri 5, 10114 Tallinn.

    Prior to the general meeting, the shareholder may notify of the appointment of a representative or the revocation of the representative’s authority by sending a digitally signed notice to the e-mail address koosolek@eften.ee or by delivering the signed documents in person on working days between 09:00 to 16:00 to EfTEN Real Estate Fund AS at A. Lauteri 5, 10114 Tallinn at the latest by 15.10.2024 (Estonian time).  In case a shareholder wishes to use the template of power of attorney upon appointment of a representative, the respective template is available on the webpage of EfTEN Real Estate Fund S https://eref.ee/investorile/uldkoosolekud/.  

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

    The MIL Network –

  • MIL-OSI: ABC arbitrage: HY 2024 Results

    Source: GlobeNewswire (MIL-OSI)

    Press release – Paris, Septembre 24, 2024 – 07:00am

    HY 2024 Results¹: €8.9 m
    Annualised ROE 2024: 11.2% | Minimal per share distribution 2024: €0.30

    The Board of Directors of ABC arbitrage, presided by the Chairman Dominique Ceolin, met on September 24, 2024 to approve the consolidated financial statements for the first semester 2024¹. Key financial data are as follows:

    In millions of euros June 30, 2024 IFRS June 30, 2023 IFRS Dec. 31, 2023 IFRS
    Net revenues €22.8 m €20.2 m €39.3 m
    Net income €8.9 m €8.8 m €16.5 m
    Earnings per share (EPS) €0.15 €0.15 €0.28
    Return on equity (ROE) 11.2 % 11.1 % 10.6 %
    Equity €158 m €160 m €155 m
    • Context – The first half of 2024 was not very active on the financial markets despite the gradual pick-up in mergers and acquisitions, an activity which nevertheless remains 15% below its historical average. Equity transactions, used by issuers to finance their projects, have not yet taken over from debt despite the sharp rise in rates and are still around 35% of the activity levels encountered in 2015. Volatility, around 11% depending on the geographical area, has generally remained, as in 2023, significantly below its historical average (average close to 20%).
    • Business Performance – ABC arbitrage presents a first half close to that of 2023, consistent with the markets encountered. However, the development of third-party management in 2023 and 2024 remains significantly below ambitions. With assets under management at €313 million as of September 1, 2024, down 9% since December 31, 2023, the revenues from this activity remain for the first half, as in previous years, marginal in the construction of the group’s activity pace. ABC arbitrage was also able to resume its activities on digital assets after obtaining a licence extension by the financial markets authority (AMF – Autorité des Marchés Financiers) on February 6, 2024, which contributed to the construction of the results for the first half. In line with the objectives of the Springboard 2025 strategic plan, the group is also continuing its investments – visible by an increase in overall costs of +23% compared to the first half of 2023 – mainly driven by technological and human dimensions. ABC arbitrage thus presents its 59th consecutive half-year of positive results with a return on equity (ROE) greater than 10%, in all market contexts encountered.
    • Dividend Policy in 2024 – A quarterly distribution policy has been in place since 2019. On the proposal of the board of directors, ABC arbitrage will make two interim dividend payments of €0.10 per share each, on the following dates:
      • Wednesday, October 9, 2024 for payment on Friday, October 11, 2024;
      • Tuesday, December 3, 2024 for payment on Thursday, December 5, 2024.
    • Outlook – The third quarter presented a very short episode of volatility in August that does not allow for any real change in the Group’s working conditions. The Group’s activity pace therefore remains close to that of 2023. Faced with market parameters that remain well below their historical averages, averages on which the ambitions of the Springboard 2025 strategic plan are based, ABC arbitrage continues to manage its risks and investments according to its level of activity in order to focus on building its short and medium-term profitability. ABC arbitrage therefore continues to implement new strategies that should enable it to grow its results in the long term, including in unfavourable markets such as 2023 or 2024. With its historical know-how and its teams, the Group remains confident in its ability to produce significant ROE and to transcend current market parameters.

    1.  As of the date of this press release, the work of the financial auditors is being finalised.

    EURONEXT Paris – Compartiment B
    ISIN – FR0004040608
    Reuters BITI.PA / Bloomberg ABCA FP

    arbitrage.com

    Relations actionnaires – actionnaires@abc-arbitrage.com

    Relations presse – VERBATEE / v.sabineu@verbatee.com

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    The MIL Network –

  • MIL-OSI: Sampo plc’s share buybacks 23 September 2024

    Source: GlobeNewswire (MIL-OSI)

    Sampo plc, stock exchange release, 24 September 2024 at 8:30 am EEST

    Sampo plc’s share buybacks 23 September 2024

    On 23 September 2024, Sampo plc (business code 0142213-3, LEI 743700UF3RL386WIDA22) has acquired its own A shares (ISIN code FI4000552500) as follows:                

    Sampo plc’s share buybacks Aggregated daily volume (in number of shares) Daily weighted average price of the purchased shares* Market (MIC Code)
      4,637 41.36 AQEU        
      40,615 41.34 CEUX
      1,254 41.37 TQEX
      44,617 41.35 XHEL
    TOTAL 91,123 41.35  

    *rounded to two decimals                

    On 17 June 2024, Sampo announced a share buyback programme of up to a maximum of EUR 400 million in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052. On 16 September 2024, the Board of Directors of Sampo plc resolved to increase the share buyback programme to EUR 475 million. The programme, which started on 18 June 2024, is based on the authorisation granted by Sampo’s Annual General Meeting on 25 April 2024.

    After the disclosed transactions, the company owns in total 7,221,120 Sampo A shares representing 1.31 per cent of the total number of shares in Sampo plc, taking the issuance of shares on 16 September 2024 into account.

    Details of each transaction are included as an appendix of this announcement.

    On behalf of Sampo plc,
    Morgan Stanley

    For further information, please contact:

    Sami Taipalus
    Head of Investor Relations
    tel. +358 10 516 0030

    Distribution:
    Nasdaq Helsinki
    Nasdaq Stockholm
    Nasdaq Copenhagen
    London Stock Exchange
    The principal media
    FIN-FSA
    DEN-FSA
    www.sampo.com

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    The MIL Network –

  • MIL-OSI: Soitec: Soitec and Resonac announce the signing of a joint development agreement in SmartSiC™ to accelerate high-performance silicon carbide adoption in next-generation electric vehicles

    Source: GlobeNewswire (MIL-OSI)

    Soitec and Resonac announce the signing of a joint development agreement in SmartSiC™ to accelerate high-performance silicon carbide adoption in next-generation electric vehicles

    Tokyo (Japan) and Bernin (France), September 24th, 2024 — Resonac Corporation (formerly Showa Denko K.K.) and Soitec (Euronext Paris – Tech Leaders), a leader in the design and manufacture of innovative semiconductor materials, have signed an agreement to develop 200mm (8-inch) SmartSiC™ silicon carbide (SiC) wafers using Resonac substrates and epitaxy processes, in a major step for the deployment of Soitec’s high-yielding silicon carbide technology in Japan and other international markets.

    SmartSiC™ silicon carbide is a disruptive compound semiconductor material providing superior performance and efficiency over silicon in high-growth power applications for electric mobility and industrial processes. It allows for more efficient power conversion, lighter and more compact designs and overall system cost savings – all key factors for success in automotive and industrial systems.

    Christophe Maleville, Chief Technology Officer at Soitec, commented: “Silicon carbide is being adopted for EV and industrial applications, where it brings a significant system cost advantage. To further accelerate this adoption, silicon carbide yield and productivity must be improved.  Associating Resonac premium quality SiC materials with Soitec’s unique 200mm (8-inch) SmartSiC™ technology will support volume availability of record quality epi-ready substrate. The combination of our respective technologies and products will optimize these substrates using Resonac’s high-quality epitaxy. Soitec is proud and excited to be partnering with Resonac to develop a best-in-class combined SiC product offering for Japan and the world.”

    Makoto Takeda, General Manager of Device Solutions Business Unit at Resonac, commented: “We are delighted to announce this partnership with Soitec, which is fully aligned with our broader commitment to sustainable and energy-efficient semiconductor solutions. By combining Resonac’s high quality monocrystalline silicon carbide wafers with Soitec’s unique SmartSiC™ technology, we will deliver improved production efficiency of 200mm (8-inch) silicon carbide wafers and diversify the epi-wafer supply chain.”

    Soitec’s SmartSiC™ silicon carbide wafers, or engineered substrates, are produced using the company’s proprietary SmartCut™ technology to bond an ultra-fine layer of high-quality mono-SiC ‘donor’ wafer to a low-resistivity polycrystalline (poly-SiC) ‘handle’ wafer. The resulting engineered substrate delivers significantly improved device performance and manufacturing yields. By allowing multiple re-uses of the prime quality mono-SiC wafer, the process also reduces overall energy consumption during wafer manufacturing.

    Soitec has a new fabrication plant at its headquarters in Bernin, France, primarily dedicated to the production of SmartSiC™ wafers for electric vehicles, renewable energy and industrial equipment component applications.

    About Soitec

    Soitec (Euronext – Tech Leaders), a world leader in innovative semiconductor materials, has been developing cutting-edge products delivering both technological performance and energy efficiency for over 30 years. From its global headquarters in France, Soitec is expanding internationally with its unique solutions, and generated sales of 1 billion Euros in fiscal year 2023-2024. Soitec occupies a key position in the semiconductor value chain, serving three main strategic markets: Mobile Communications, Automotive and Industrial, and Edge and Cloud AI. The company relies on the talent and diversity of its 2,300 employees, representing 50 different nationalities, working at its sites in Europe, the United States and Asia. Soitec has registered over 4,000 patents.

    Soitec, SmartSiC™ and Smart Cut™ are registered trademarks of Soitec.

    For more information: https://www.soitec.com/en/ and follow us on X: @Soitec_Official

    Contact for more information: media@soitec.com

    About the Resonac Group

    The Resonac Group is a new company established as a result of the integration of the Showa Denko Group and the Showa Denko Materials Group (former Hitachi Chemical Group) in January 2023.  The Group’s annual sales of semiconductor and electronic materials amount to about 340 billion yen.  The Group especially has global top share of semiconductor materials for packaging process.  The integration of the two companies has enabled the Resonac Group to design functions of materials as well as to develop them in-house, going all the way back to raw materials.  The new trade name “RESONAC” was created as a combination of two English words, namely, the word of “RESONATE” and “C” as the first letter of CHEMISTRY.  The Resonac Group will make the most of its co-creative platform, and accelerate technological innovation with semiconductor manufacturers, material manufacturers, and equipment manufacturers inside and outside Japan.

    For detail, please refer to the Website of Resonac Holdings Corporation: https://www.resonac.com/

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    The MIL Network –

  • MIL-OSI: Haffner Energy teams up with Bambbco, France’s leading bamboo provider, to diversify sustainable biomass procurement

    Source: GlobeNewswire (MIL-OSI)

    Haffner Energy teams up with Bambbco, France’s leading bamboo provider, to diversify sustainable biomass procurement

    Vitry-le-François, September 24, 2024, at 8:00 am (CEST)

    Haffner Energy and Bambbco, France’s leading bamboo provider, announce that they have signed a partnership. Both companies are based in France and share a common goal of improving the availability of biomass for energy applications, especially from crops grown on marginal land.

    Biomass, the leading source of renewable energy in France and around the world, often faces conflicts of use. Diversifying sustainable sources of biomass that is free of conflicts of use, thanks to regenerative, resilient, and productive crops such as bamboo grown on marginal lands and barren grounds, is a strategic challenge. The contribution of such crops to decarbonization is going to be significant.

    Haffner Energy has developed an innovative, patented biomass and organic waste thermolysis technology, backed by 30 years of experience. This technology produces renewable hydrogen and clean fuels for industry and mobility applications. In addition, it generates biocarbon (char or biochar), a natural carbon sink, and biogenic CO2.    

    Bambbco is a nature-based solutions company that uses several species of bamboo to produce renewable energy, sequester carbon, prevent soil erosion, re-establish the water cycle, promote biodiversity, and contribute to the biomass-to-energy circular economy. Bambbco is a laureate of France’s start-up booster program French Tech.

    Bamboo produces up to four times as much biomass , as wood residues from a forest in standard conditions. In addition, bamboo displays remarkable characteristics such as being drought tolerant, requiring no chemical inputs, and capturing heavy metals and toxic chemical elements through its roots system. Those properties make it an ideal candidate for soil and ecosystem regeneration on marginal land, while simultaneously generating value.

    “Europe is the only continent in the world where bamboo is not recognized yet for its many benefits, from regenerating marginal lands and natural ecosystems to providing a highly sustainable, renewable, and competitive alternative to wood and wood residues for countless applications,” points out Pierre-Alexandre Lemarquis, CEO of Bambbco. “I am excited about the forward-looking approach that Haffner Energy is taking with regard to biomass procurement. Together, we’ll be able to develop local, circular economy-based ecosystems for clean fuels production projects,” he adds.

    “We are happy to engage with Bambbco and develop biomass-to-energy projects in locations that would otherwise not be suitable. Barren areas can be brought back to life with robust energy crops and our technology,” says Marcella Franchi, Haffner Energy Chief Marketing Officer and Head of Sales. “We can’t wait to show visitors the new bamboo plantation at our new center in Marolles (Marne County, France). The plants can be used on location, among various feedstocks, to produce renewable syngas and hydrogen, and they will beautify the site.”

    The signing of this partnership will enable Haffner Energy and Bambbco to offer a turnkey solution for the production of green energy, with guaranteed feedstock availability and cost all year round. It builds on Haffner Energy’s strategy to diversify sustainable biomass procurement, initiated earlier this year with the signing of a partnership with XanoGrass developer Hexas, in the United States.

    The aggregated environmental virtues of those solutions are formidable: 

    • Securing biomass procurement
    • Capturing CO2 through photosynthesis 
    • Sequestering CO2 in biocarbon (char or biochar) and biogenic CO2 through Haffner Energy’s solutions 
    • Regenerating marginal lands and creating value thanks to specialty crops  
    • Avoiding greenhouse gas emissions by eliminating fossil energy and replacing it by the ultimate renewable energy — energy from energy crops grown on marginal land

    About Haffner Energy 

    Haffner Energy, located in France, supplies solutions to produce competitive clean fuels. Backed by 30 years of experience, its innovative and patented biomass thermolysis technology makes possible the production of Sustainable Aviation Fuel (SAF), as well as renewable gas, hydrogen, and methanol. The company also contributes to carbon sequestration through the co-production of biogenic CO2 and biocarbon (char or biochar). For more information: www.haffner-energy.com

    About Bambbco

    Bambbco is the company that has been pioneering the sustainable production of bamboo biomass in France. Founded with the mission to promote responsible agricultural practices and provide renewable resources for various industries, including energy, Bambbco has quickly established itself in the emerging biomass sector. For more information: www.bambbco.com

    Media relations

    HAFFNER ENERGY 
    Laetitia Mailhes 
    laetitia.mailhes@haffner-energy.com 
    +33 (0) 6 13 04 62 01 

    BAMBBCO
    Pierre-Alexandre Lemarquis
    contact@bambbco.com
    +33 (0)7 64 69 53 94

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    The MIL Network –

  • MIL-OSI: Terranet reaches strategic milestone – achieves autonomous braking

    Source: GlobeNewswire (MIL-OSI)

    A key target for the third quarter was to achieve fully automated braking based on a brake request from BlincVision. Recent tests at the certified AstaZero track demonstrated that BlincVision successfully initiated braking with a large margin, marking a significant advancement for the company.

    At AstaZero, the advanced driver assistance system has been tested at various driving speeds and in several Euro NCAP scenarios to evaluate its performance. To further increase the complexity of the traffic environment, Terranet has created modified versions of these scenarios. In one scenario (CPNCO-50), a child walks out from the right side behind a parked car. In the modified version, an additional car was placed behind the child. For existing ADAS solutions on the market, the child often blends into the background of the car, but the BlincVision system was able to identify the child and brake in time. At the same time, large amounts of data have been collected to improve the system’s AI-developed model. This data collection is a key component for the continued development and fine-tuning of the system to better handle a wide variety of traffic conditions. The results show the potential for further optimization and refinement of the system.

    In previous tests, the system only sent a brake request, with the actual braking being theoretical and based on calculations of a potential collision. Now, for the first time, the entire process has been verified: from object detection and classification, to calculating collision risk, making a decision, and finally initiating emergency braking to bring the vehicle to a stop.

    “The fact that BlincVision is now functioning as a stand-alone ADAS system is a crucial milestone in our development process. The system’s growing maturity makes it easier to integrate into other vehicles, further strengthening our ongoing collaboration within the MobilityXlab accelerator program. Our goal to secure agreements with partners in the fourth quarter remains intact,” says Pierre Ekwall, CTO at Terranet.

    Link: Video clip from AstaZero

    For more information, please contact:        
    Magnus Andersson, CEO        
    E-mail: magnus.andersson@terranet.se

    About Terranet AB (publ)
    Terranet’s goal is to save lives in urban traffic. The company develops innovative technical solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV). Terranet’s anti-collision system BlincVision laser scans and detects road objects up to ten times faster than any other ADAS technology available today.

    The company is headquartered in Lund, with offices in Gothenburg and Stuttgart. Since 2017, Terranet has been listed on Nasdaq First North Premier Growth Market (Nasdaq: TERRNT-B). Follow our journey at: www.terranet.se

    Attachment

    The MIL Network –

  • MIL-OSI: Share buybacks in Spar Nord Bank – transactions in week 38

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 59
     

    In company announcement no. 10 2024, Spar Nord announced a share buyback programme of up to DKK 500 million. The share buyback was initiated on 12 February 2024.

    The purpose of the share buyback is to reduce the bank’s share capital by the shares acquired under the programme, and the programme is executed pursuant to Regulation (EU) No 596/2014 of 16 April 2014 (“Market Abuse Regulation”).

    In last week the following transactions were made under the share buyback programme.

      Number of shares Average purchase price (DKK) Transaction value (DKK)
    Accumulated from last announcement 2,317,797    290,270,700
    16 September 2024 14,800 128,54 1,902,392
    17 September 2024 14,800 128,74 1,905,352
    18 September 2024 14,800 128,86 1,907,128
    19 September 2024 14,400 129,79 1,868,976
    20 September 2024 14,700 129,11 1,897,917
    Total week 38 73,500    9,481,765
    Total accumulated 2,391,297   299,752, 465

    Following the above transactions. Spar Nord holds a total of 2,448,816 treasury shares equal to 2.08 % of the Bank’s share capital.

    Please direct any questions regarding this release to Rune Brandt Børglum, Head of Investor Relations on tel. + 45 96 34 42 36.

    Rune Brandt Børglum
    Head of Investor Relation

    Attachment

    The MIL Network –

  • MIL-OSI: Second Well Delineates Heisenberg, Confirms Size of Discovery

    Source: GlobeNewswire (MIL-OSI)

    Oslo, 24 September 2024 – DNO ASA, the Norwegian oil and gas operator, today announced completion of a second well delineating the play-opening 2023 Heisenberg oil and gas discovery in Norwegian North Sea license PL827SB.  Encountering a six-meter oil-filled Eocene sandstone reservoir, the well confirmed the Heisenberg volume estimate of 24 to 56 million barrels of oil equivalent (MMboe) with mean of 37 MMboe.     

    The license partnership, which in addition to DNO Norge AS (49 percent) includes operator Equinor Energy AS, is studying a tieback of Heisenberg to nearby infrastructure, potentially jointly coordinated with the development of other recent discoveries in this highly prolific area surrounding the Troll and Gjøa production hubs. DNO has a strong area position.

    Earlier this year, Cuvette (DNO 20 percent) marked DNO’s eighth discovery in the area since 2021, following Røver Nord, Kveikje, Ofelia, Røver Sør, Heisenberg, Carmen and Kyrre. Discoveries in the Troll-Gjøa area make up the largest share of DNO’s net contingent resources in the North Sea, which stood at 132 million barrels of oil equivalent at yearend 2023.

    DNO continues to be one of the most active explorers in the North Sea. Last week, the Company commenced drilling operations at Falstaff (DNO 50 percent and operator) while Ringand (DNO 20 percent) is expected to be drilled later this fall. In early September, DNO submitted one of the largest applications in the Company’s history for the upcoming APA 2024 licensing round, with awards expected during the first quarter of 2025.

    The Angel exploration prospect, which was the main target of the license PL827SB well, was found to be mainly water wet although the well encountered non-commercial volumes of gas.

    –

    For further information, please contact:
    Media: media@dno.no
    Investors: investor.relations@dno.no

    –

    DNO ASA is a Norwegian oil and gas operator active in the Middle East, the North Sea and West Africa. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Côte d’Ivoire, Netherlands and Yemen.

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

    The MIL Network –

  • MIL-OSI: Craft Named Value Leader for Supply Chain Risk Management Platform and Achieves Overall Strong Performance in Spend Matters Fall 2024 SolutionMap

    Source: GlobeNewswire (MIL-OSI)

    LONDON, Sept. 24, 2024 (GLOBE NEWSWIRE) — Procurement & Supply Chain Live — Craft, the supply chain resilience company, today announced it was named a Value Leader in the Spend Matters Fall 2024 SRM SolutionMap, which includes an evaluation of 93 procurement technology vendors. Craft scored the highest ratings for its overall functional depth, overall customer scores, UX and UI, supplier intelligence and N-tier capabilities.

    To be considered for the list, Craft underwent a rigorous functionality and capability assessment that included an in-depth capability demonstration of their supply chain risk management platform, and anonymized customer reviews and ratings. Spend Matters helps buyers, consultants, investors, and sellers compare vendors across 500+ request-for-information (RFI) requirements for better and smarter procurement technology purchasing.

    “Thousands of companies look to Spend Matters to help them find the right procurement and supply chain technology for their organizations,” said Ilya Levtov, CEO and founder, Craft. “This comprehensive evaluation in the latest SpendMatters Fall 2024 Solution Map is further validation of Craft’s strategy to expand the definition of supplier risk management and serves as a testament to our ability to deliver the right solutions to power resilience across the entire enterprise. We are thrilled to be recognized by SpendMatters, and above all to earn high marks from our customers as a value leader in this highly competitive market.”

    Craft was evaluated under two vendor categories – Supplier Management (risk enhanced) and Risk Management (TPRM/SCRM) – and earned the following:

    1. Named a “Risk Management Value Leader”: Craft was recognized for excelling in supplier intelligence and AI-driven monitoring and analytics for risk management as a result of high functional and customer scores.

    2. Highest-rated vendor for functional depth: Craft was rewarded with high marks by its customers for its exceptionally quick deployment, user experience (UX) and ease-of-use, and its process expertise in helping clients identify and mitigate supply chain-related risk.

    3. Top score for supplier profiles: Craft rated the top analyst scores within the entire category for SIM (supplier information management) and Supplier Profiling, designated by a gold ribbon in the SRM SolutionMap.

    4. Surpassed other SRM vendors in multiple categories: Craft received high ratings for ability to assess and mitigate risks throughout the entirety of the supply chain, and providing detailed services on behalf of clients for supplier data / profile management.

    “Vendors participating in SolutionMap undergo the most rigorous assessment from a tech capability and customer delivery perspective,” said Carina Kuhl, president, SpendMatters. “Spend Matters has the largest analyst team dedicated to in-depth comparison of solutions in the procurement technology space and pinpointing their differentiators.”

    Craft is the intelligent supply chain resilience platform that enables organizations to know their suppliers, protect against disruptions, and build resilient supply chains. Craft’s flexible data fabric uses best of breed datasets from public and private sources across 500+ risk categories, such as ESG, geopolitical, foreign influence, cybersecurity, supplier financial health, weather, and much more. Its risk engine is enhanced by AI-generated insights that can be shared, tracked and taken action on internally and across organizations via a collaborative workspace. With Craft, organizations like the U.S. Department of Defense, Hapag-Lloyd, major financial services institutions, and other Fortune 500 companies confidently navigate third-party risks, regulatory environments, uphold ethics, and drive business continuity and growth.

    For more information about Craft, visit www.craft.co or contact press@craft.co.

    About Craft
    Craft illuminates the path to global supply chain resilience. It empowers businesses to strengthen their supplier networks and supply chains with the industry’s most reliable and comprehensive data fabric and AI-driven risk mitigation engine. Craft’s user-friendly platform offers 360-degree visibility to explore and evaluate supplier networks, AI-generated insights to detect and mitigate disruptions, and collaborative tools to enhance supply chain strategies. Procurement and supply chain professionals can confidently navigate regulatory environments, adhere to ethical standards, and ensure business continuity. Headquartered in San Francisco, CA, Craft assists commercial and governmental organizations worldwide in creating more resilient supply chains.

    For more information about Craft, visit www.craft.co.

    PR Contact
    Carol Hickins
    carol.hickins@craft.co

    The MIL Network –

  • MIL-OSI: Nokia and ZCorum collaborate to develop DOCSIS Provisioning Adapter for cable-to-fiber transition

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Nokia and ZCorum collaborate to develop DOCSIS Provisioning Adapter for cable-to-fiber transition

    • Nokia entered into an agreement with ZCorum to develop a DOCSIS Provisioning Adapter (DPA) application to work with Nokia’s Altiplano platform.
    • The DPA will enable cable operators to provision a PON ONT and subscriber services using their existing DOCSIS provisioning system, facilitating a transition to fiber-to-the-home.
    • The DPA application will be offered through Nokia’s Altiplano Marketplace and provided to customers by Nokia.

    24 September 2024
    Espoo, Finland – Nokia today announced that it has partnered with ZCorum, a leading provider of diagnostics and managed services for broadband providers, to develop a DOCSIS Provisioning Adapter (DPA) application. The DPA solution will allow cable operators to use their existing DOCSIS-based provisioning system to provision an Optical Network Terminal (ONT) and subscriber services on an ITU-based Passive Optical Network (PON).

    Cable operators are upgrading their networks to fiber because it offers the highest performance, scalability, and reliability. This transition often involves implementing a next-generation fiber management solution. For MSOs seeking a more gradual shift from their DOCSIS-based Operations Support Systems (OSS), a software-based DPA offers a seamless pathway. Beyond simplifying the evolution to Fiber-to-the-Home (FTTH), the DPA application can also help distribute adoption costs and expedite time-to-market.

    The Nokia DPA provides an interworking function, or translation layer, bridging the DOCSIS-based management system and Nokia’s Altiplano Access Controller. Altiplano is an open and programmable platform offering a complete suite of network management functions and software-defined networking (SDN) controls for Nokia’s Lightspan PON networks.

    The Nokia DPA application is expected to be available for lab trials by the end of 2024. When broadly introduced, the Nokia DPA will be offered through the Nokia Altiplano Marketplace. The Nokia Altiplano Marketplace gives operators access to a catalog of ready-made automation tools and network analytics to get the most out of their broadband network. Additionally, Nokia’s Altiplano Access Controller platform gives operators and third-party developers, such as ZCorum, access to open APIs and a Software Development Kit (SDK) for developing value-added applications.

    More information and a demonstration of the DPA will be available at Nokia’s booth (#1903) at SCTE TechExpo 24, September 24-26 in Atlanta, GA.

    Jeff Heynen, Vice President at Dell’Oro Group, said: “While cable operators are upgrading their networks in various ways, virtually all are deploying PON-based FTTH networks in greenfield. Many are also overbuilding their whole network with PON or strategically adding it into their legacy HFC networks. MSOs will benefit from and welcome any tool that makes it easier, faster, and more cost-effective to deploy PON. Certainly, Nokia’s DPA will do just that.”
         
    Julie Compann, President and CEO at ZCorum, said: “ZCorum has been serving DOCSIS and fiber operators since the time those technologies first launched, so developing DPA is a natural project for our company. Cable operators recognize the benefits of migrating to fiber, but also have a significant investment in their DOCSIS infrastructure. DPA will allow them to focus on fiber deployment where needed, without the need to immediately deploy a second provisioning system. We are pleased to be working with Nokia and their team to make that possible.”

    Geert Heyninck, VP and GM Broadband Networks at Nokia, said: “As the industry leader in PON, Nokia is ideally positioned to assist cable operators in moving to next-generation networks, enabling them to deliver the best possible service to their subscribers. The DPA app we are developing with the OSS experts at ZCorum will offer our customers a simple means to ease their transition to FTTH and attain a more competitive position in their markets.”

    Resources and additional information
    Webpage: Fiber broadband for cable operators
    Webpage: Altiplano Access Controller
    Webpage: Altiplano Marketplace
    Webpage: ZCorum Managed Services and Diagnostics

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

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

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

    About ZCorum
    ZCorum provides a suite of services to broadband operators with the goal of enhancing their operational efficiency, reducing costs, increasing revenue, and improving the subscriber experience. Services include Diagnostics Software for Fiber and DOCSIS networks, Device Activation, Cybersecurity as a Service, Bandwidth Management, Hosted Residential and Commercial VoIP, Fully Managed IPTV Services, and 24×7 End-User Technical Support.

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

    Follow us on social media
    LinkedIn X Instagram TikTok Facebook YouTube

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  • MIL-OSI: Nokia selected by Spark as majority 5G RAN partner in New Zealand

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Nokia selected by Spark as majority 5G RAN partner in New Zealand

    • Nokia to partner with Spark to expand its 4G and 5G infrastructure in key cities across New Zealand.
    • Partnership supports Spark’s goal to simplify and consolidate network operations.

    24 September 2024
    Espoo, Finland – Nokia today announced that it has been selected by Spark New Zealand (Spark), to expand its existing 4G and 5G program in cities across New Zealand. Spark has chosen Nokia as its preferred 5G Radio Access Network partner to streamline operations and consolidate its RAN. This strategic decision will simplify network operations while delivering the best-performing 5G network in New Zealand.

    Under the deal, covering over 700 sites, Nokia will provide equipment from its comprehensive 5G AirScale portfolio. This includes baseband, remote radio heads, and massive MIMO radios, offering industry-leading 5G capacity, coverage, and connectivity. These solutions utilize Nokia’s energy-efficient ReefShark System-on-Chip technology, delivering superior capacity and connectivity to Spark customers while reducing complexity and improving cost efficiencies.

    Renee Mateparae, Network and Operations Director for Spark said: “Nokia has been a trusted partner of ours for many years, and we are excited to work with them on bringing a world-class 5G network to more of Aotearoa, New Zealand. This next phase of our partnership will see us streamlining our 5G deployments to simplify operations and deliver great 5G experiences for our customers every day. Working with Nokia, we aim to deliver next-generation services that will empower the people and businesses creating Aotearoa, New Zealand’s tomorrow.”

    Tommi Uitto, President of Mobile Networks at Nokia, said: “We are thrilled to have been selected by Spark as the majority supplier for this transformative 5G project and to support its vision of streamlining operations and consolidating its network. With our state-of-the-art technology solutions, we are confident that Spark will achieve its objectives of enhancing network efficiency, improving service quality, and delivering a seamless experience to its customers.”

    Resources and additional information:
    Webpage: Nokia 5G
    Webpage: AirScale Radio Access

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

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

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

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

    Follow us on social media
    LinkedIn X Instagram Facebook YouTube

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  • MIL-OSI: 21Shares Announces Fee Reduction for Flagship ETPs, HODLX and BOLD

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, 24 September 2024 – 21Shares AG (“21Shares”), one of the world’s largest issuers of cryptocurrency exchange traded products (ETPs) and a subsidiary of 21.co, is pleased to announce a significant fee reduction for two of its flagship products: the 21Shares Crypto Basket 10 ETP (HODLX) and the 21Shares Bytetree BOLD ETP (BOLD). Effective immediately, the management fees for these ETPs have been lowered to 0.49% for HODLX and 0.65% for BOLD, making these innovative investment vehicles more accessible to a broader range of investors.

    The 21Shares Crypto Basket 10 ETP (HODLX) provides diversified exposure to the top ten digital assets by market capitalization, rebalanced quarterly to reflect the dynamic nature of the cryptocurrency market. With this fee reduction to 0.49%, investors can now benefit from a more cost-effective way to capture the growth potential of the digital asset space in a single, diversified ETP.

    The 21Shares Bytetree BOLD ETP (BOLD) offers a unique blend of Bitcoin and Gold, designed as a balanced approach to digital and traditional assets. BOLD’s risk-adjusted weighting scheme, rebalanced monthly, combines the security of gold with the growth opportunities of Bitcoin, offering a diversified hedge against inflation and economic uncertainty. The new fee of 0.65% further enhances the appeal of this product for investors seeking strategic and cost-efficient exposure to these assets.

    “At 21Shares, our mission has always been to make investing in cryptocurrency more accessible, and this fee reduction is a reflection of our commitment to delivering value to our investors,” said Mandy Chiu, Head of Financial Product Development at 21Shares. “By lowering the fees on HODLX and BOLD, we are enabling more investors to participate in the future of finance at a lower cost.”

    These fee reductions underscore 21Shares’ dedication to providing innovative, low-cost investment solutions that meet the evolving needs of the global investor community. Both ETPs are 100% physically backed by their underlying assets, held securely in cold storage, ensuring the highest levels of trust for investors.

    For more information about 21Shares and its full range of ETPs, visit https://www.21shares.com/en-eu/product .

    Press Contacts:
    Audrey Belloff, Head of Communications, press@21.co

    About 21.co:
    21.co is the world’s leader in providing access to crypto through simple and easy to use products. 21.co is the parent company of 21Shares, one of the world’s largest issuer of cryptocurrency exchange traded products (ETPs) – which is powered by Onyx, a proprietary technology platform used to issue and operate cryptocurrency ETPs for 21Shares and third parties. The company was founded in 2018 by Hany Rashwan and Ophelia Snyder. 21Shares is registered in Zurich, Switzerland with offices in Zurich, London and New York. For more information, please visit 21Shares.

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

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

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

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

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

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

    This document constitutes advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the “FinSA”) and not a prospectus. The 2023 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with SIX Exchange Regulation AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2023 Base Prospectus and the key information document for any products may be obtained at 21Shares AG’s website (https://21shares.com/ir/prospectus or https://21shares.com/ir/kids).

    ###

    The MIL Network –