Category: KB

  • MIL-OSI: Introducing HRCI ENGAGE, A Global Online Community for HR Professionals to Connect and Share Insights

    Source: GlobeNewswire (MIL-OSI)

    ALEXANDRIA, Va., Feb. 03, 2025 (GLOBE NEWSWIRE) — Today, HRCI, the premier credentialing and learning community for the human resource profession, announced the official launch of HRCI ENGAGE, a free online community for HR professionals worldwide.

    In a field driven by peer engagement, practical experience and continuous learning, HRCI ENGAGE provides a nurturing, interactive environment for HR professionals, from emerging practitioners to seasoned executives, to share wisdom and stay ahead of emerging trends. Through collaborative exchanges, moderated discussions and advanced tools, HRCI ENGAGE is designed to empower community members and enhance their skills, helping advance their careers and the HR field.

    Key features of HRCI ENGAGE at launch include:

    • Community Spaces: Curated areas within HRCI ENGAGE allow community members to share ideas, get feedback and even host discussions. This enables members to connect with others by geography or business vertical.
    • HR Job Board: Whether identifying a potential career move or mining the HR community for top talent, this space allows members to post and explore HR-related opportunities.
    • Video Events and Live Chats: Continuing education webinars, hosted chats with industry experts and live networking with HR professionals allow users to learn from each other regardless of physical location.

    Additional technologies are under development, with details coming later this year.

    “The call for a unified, accessible platform for HR collaboration has never been more evident,” said Dr. Amy Dufrane, SPHR, CAE, CEO of HRCI. “We created HRCI ENGAGE in response to that demand to facilitate information sharing in a global, synergistic space.” 

    Dr. Dufrane continued, “With HRCI ENGAGE, we aim to offer a trusted sanctuary for HR professionals to forge meaningful connections, help one another solve problems and exchange knowledge—advancing the HR profession and workplaces around the world.”

    To join HRCI ENGAGE today, visit www.hrci.org/ENGAGE.  

    About HRCI®

    HRCI® is the premier credentialing and learning community for the human resource profession. For 50 years, HRCI has set the global standard for HR expertise and excellence through its commitment to developing and advancing those in the people business. HRCI helps HR professionals achieve new competencies that drive results by creating and offering world-class learning and administering eight global certifications. To learn more about HRCI, visit www.hrci.org.

    The MIL Network

  • MIL-OSI: OTC Markets Group Welcomes Piraeus Financial Holdings to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Piraeus Financial Holdings (Athens Stock Exchange: TPEIR; OTCQX: BPIRY, BPIRF), a financial holdings company, has qualified to trade on the OTCQX® Best Market. Piraeus Financial Holdings upgraded to OTCQX from the Pink® market.

    Piraeus Financial Holdings begins trading today on OTCQX under the symbols “BPIRY” and “BPIRF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

    “OTC Markets is thrilled to welcome Piraeus Financial Holdings to OTCQX as one of our first Greek issuers,” said Jason Paltrowitz, OTC Markets EVP of Corporate Services. “Joining OTCQX is an important milestone both for Piraeus Financial Holdings as well as the broader Greek capital markets, enhancing U.S. investors’ global investment opportunities to participate in the company’s growth.”

    About Piraeus Financial Holdings
    Piraeus Financial Holdings S.A. is a financial holdings company, listed on the Athens Stock Exchange, and the parent company of the banking institution “Piraeus Bank S.A.”. Piraeus Bank was founded in 1916 and today represents the leading Bank in Greece in terms of customer loans and deposits. It maintains the largest distribution network in Greece and offers a vast array of financial products and services to 4.5mn customers.

    About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.

    Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

    To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

    Media Contact:
    OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

    The MIL Network

  • MIL-OSI: OTC Markets Group Welcomes Digital Domain Holdings Limited to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Digital Domain Holdings Limited (Hong Kong Stock Exchange: 547; OTCQX: DDHLY), a global leader in visual effects and transformative experiences, has qualified to trade on the OTCQX® Best Market. Digital Domain Holdings Limited upgraded to OTCQX from the Pink® market.

    Digital Domain Holdings Limited begins trading today on OTCQX under the symbol “DDHLY.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for trading on OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

    “We are pleased with the upgrade to the OTCQX Market, as it underscores our commitment to transparency and strengthens investor confidence,” says William Wong, Executive Director and the CEO of Digital Domain. “This milestone reflects our ongoing strategy to build trust and provide sustainable, long-term value for our shareholders.”

    About Digital Domain Holdings Limited
    Digital Domain is a pioneer in creating transportive experiences. Over the last 30 years, the company has solidified its position as a leader in the visual effects industry, expanding its expertise in virtual humans and visualization on a global scale. Digital Domain boasts an impressive legacy that includes contributions to hundreds of feature films and television episodes, advertisements, game cinematics, and groundbreaking immersive experiences. Renowned for its creative innovation in cutting-edge technology, Digital Domain has delivered exceptional artistry to Academy Award-winning films such as “Titanic,” “What Dreams May Come,” and “The Curious Case of Benjamin Button.” The skilled artists at Digital Domain have collectively earned over 100 prestigious awards, including Academy Awards, Clios, BAFTA awards, and Cannes Lions.

    Digital Domain is listed on the Hong Kong Stock Exchange (Stock code: 547) and is headquartered in Hong Kong. Digital Domain maintains operations in multiple cities, including Los Angeles, Vancouver, Montreal, Beijing, Shanghai, Hyderabad, and more.

    To learn more about Digital Domain, visit www.digitaldomain.com.

    Digital Domain PR Contact:

    Kavita Smith
    Director of Marketing Communications and PR
    kavita@d2.com

    Angela Yang
    Sr. PR Manager
    angela.yang@ddhl.com

    About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.

    Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

    To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

    Media Contact:
    OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

    The MIL Network

  • MIL-OSI: Allegro MicroSystems Appoints Dr. Krishna Palepu to its Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    MANCHESTER, N.H., Feb. 03, 2025 (GLOBE NEWSWIRE) — Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM) a global leader in power and sensing semiconductor solutions for motion control and energy-efficient systems, today announced the appointment of Krishna Palepu, Ross Graham Walker Professor of Business Administration at Harvard Business School, to Allegro’s Board of Directors (“Board”) as an independent director. Dr. Palepu’s appointment was effective on January 31, 2025. 

    Dr. Palepu brings extensive expertise in strategy, governance, and emerging markets to the Board, as well as experience advising companies in the technology and semiconductor sectors. His academic research focuses on globalization, particularly in India and China, and corporate board effectiveness. He has served on multiple public company boards and is a fellow of the International Academy of Management.

    “I am delighted to welcome Krishna to Allegro’s board of Directors,” said Yoshihiro “Zen” Suzuki, Chairman of the Board. “He brings a unique perspective with his impressive background in academia combined with considerable board and consulting experience in the sectors and markets of focus for the company. Dr. Palepu’s deep understanding of business strategy and global markets positions him perfectly to navigate the complexities of international business. His practical experience complements his research background, bringing valuable insight to the Board as we move towards our next stage of growth.”

    “It is an exciting time to join Allegro’s Board, and I am honored to be appointed,” said Dr. Palepu. “I look forward to working closely with Allegro’s directors and management team and drawing upon my expertise in corporate governance, emerging markets, and global strategy to further enable the company to continue its strong progress.”

    Dr. Palepu holds a master’s degree in Electronics from Andhra University, an MBA-equivalent degree from the Indian Institute of Management, Calcutta, and a Ph.D. in Management from the MIT Sloan School of Management.

    About Allegro MicroSystems

    Allegro MicroSystems, Inc. is leveraging more than three decades of expertise in magnetic sensing and power ICs to propel automotive, clean energy and industrial automation forward with solutions that enhance efficiency, performance and sustainability. Allegro’s commitment to quality drives transformation across industries, reinforcing our status as a pioneer in “automotive grade” technology and a partner in our customers’ success. For additional information, visit www.allegromicro.com.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts contained in this press release should be considered forward-looking statements. These statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “aim,” “may,” “will,” “should,” “expect,” “exploring,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “would,” “contemplate,” “believe,” “estimate,” “predict,” “potential,” “seek,” or “continue” or the negative of these terms or other similar words and expressions, although not all forward-looking statements contain these words. No forward-looking statement is a guarantee of future results, performance or achievements, and one should avoid placing undue reliance on such statements.

    Forward-looking statements are based on our management’s current expectations, beliefs and assumptions and on information currently available to us. Such beliefs and assumptions may or may not prove to be correct. Additionally, such forward-looking statements are subject to a number of known and unknown risks, uncertainties and assumptions, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including, but not limited to, those identified in Part II, Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and Part I, Item 1A. “Risk Factors” in our Annual Report on Form 10-K for the year ended March 29, 2024, filed with the U.S. Securities and Exchange Commission on May 23, 2024, which is available at www.sec.gov. These risks and uncertainties include, but are not limited to: downturns or volatility in general economic conditions; our ability to compete effectively, expand our market share and increase our net sales and profitability; our reliance on a limited number of third-party semiconductor wafer fabrication facilities and suppliers of other materials; any failure to adjust purchase commitments and inventory management based on changing market conditions or customer demand; shifts in our product mix, customer mix or channel mix, which could negatively impact our gross margin; the cyclical nature of the semiconductor industry, including the analog segment in which we compete; any downturn or disruption in the automotive market or industry; our ability to successfully integrate the acquisition of other companies or technologies and products into our business; our ability to compensate for decreases in average selling prices of our products and increases in input costs; our ability to manage any sustained yield problems or other delays at our third-party wafer fabrication facilities or in the final assembly and test of our products; our ability to accurately predict our quarterly net sales and operating results and meet the expectations of investors; our dependence on manufacturing operations in the Philippines; our reliance on distributors to generate sales; events beyond our control impacting us, our key suppliers or manufacturing partners; our ability to develop new product features or new products in a timely and cost-effective manner; our ability to manage growth; any slowdown in the growth of our end markets; the loss of one or more significant customers; our ability to meet customers’ quality requirements; uncertainties related to the design win process and our ability to recover design and development expenses and to generate timely or sufficient net sales or margins; changes in government trade policies, including the imposition of export restrictions and tariffs; our exposures to warranty claims, product liability claims and product recalls; our dependence on international customers and operations; the availability of rebates, tax credits and other financial incentives on end-user demands for certain products; risks, liabilities, costs and obligations related to governmental regulations and other legal obligations, including export/trade control, privacy, data protection, information security, cybersecurity, consumer protection, environmental and occupational health and safety, antitrust, anti-corruption and anti-bribery, product safety, environmental protection, employment matters and tax; the volatility of currency exchange rates; our ability to raise capital to support our growth strategy; our indebtedness may limit our flexibility to operate our business; our ability to effectively manage our growth and to retain key and highly skilled personnel; our ability to protect our proprietary technology and inventions through patents or trade secrets; our ability to commercialize our products without infringing third-party intellectual property rights; disruptions or breaches of our information technology systems or confidential information or those of our third-party service providers; our principal stockholder continues to have influence over us; the negative impact any future issuance or sale of our shares may have on the market price of our common stock; anti-takeover provisions in our organizational documents and under the General Corporation Law of the State of Delaware; any failure to design, implement or maintain effective internal control over financial reporting; changes in tax rates or the adoption of new tax legislation; the negative impacts of sustained inflation on our business; the physical, transition and litigation risks presented by climate change; and other events beyond our control. Moreover, we operate in an evolving environment. New risk factors and uncertainties may emerge from time to time, and it is not possible for management to predict all risk factors and uncertainties.

    You should read this press release with the understanding that our actual future results may be materially different from what we expect. We qualify all of our forward-looking statements by these cautionary statements. All forward-looking statements speak only as of the date of this press release, and except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events, changed circumstances or otherwise.

    Allegro Contact
    Jalene Hoover
    VP of Investor Relations & Corporate Communications
    jhoover@allegromicro.com

    The MIL Network

  • MIL-OSI Europe: Minister of Defense of the Republic of Moldova to visit Sweden

    Source: Government of Sweden

    Minister of Defense of the Republic of Moldova to visit Sweden – Government.se

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    Press release from Ministry of Defence

    Published

    On Tuesday 4 February, Minister for Defence Pål Jonson and Minister for Civil Defence Carl-Oskar Bohlin will receive Minister of Defense of the Republic of Moldova, Anatolie Nosatîi at Karlberg Castle.

    In August 2024, Mr Jonson and Mr Bohlin visited the Republic of Moldova, where they signed a Letter of Intent on strengthened defence cooperation. 

    On Tuesday 4 February, Mr Nosatîi will visit Sweden and be received by Mr Jonson and Mr Bohlin. Bilateral meetings and a joint press conference with Mr Jonson and Mr Nosatîi at 11.25 will follow the ceremony.

    The aim of Tuesday’s visit is to deepen and further develop the defence cooperation. The visit will take place in light of the proposal to donate man-portable anti-armour weapons (Saab AT4) to the Republic of Moldova, which the Swedish Government announced on 30 January.

    Press contact

    MIL OSI Europe News

  • MIL-OSI United Kingdom: We must scrap Ofsted say Greens

    Source: Green Party of England and Wales

    Responding to the news that Ofsted is considering a new approach to inspecting education providers and introducing ‘report cards’ for schools, Green Party Education Spokesperson, Vix Lowthion, said:

    “Ofsted isn’t working. For teachers or parents. We’ve seen the toxic impact it can have on teachers and we know it doesn’t serve children. These reforms are too close to the previous failed model. We must instead scrap Ofsted and end the era of forcing teachers into narrowly defined boxes. To replace it we need a collaborative model connecting teachers on the frontline with local experts. By connecting them with specialists in pedagogy, child development and social care we can encourage teacher retention, tailor support to local circumstances and drive much better local and national outcomes.”

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Chloe’s story of growing up with fostering

    Source: City of Derby

    Chloe McCready grew up in a very special home in Derby. Her parents decided to become foster carers, opening their hearts and home to children who needed love and safety. Chloe was just a young girl when her family’s journey in fostering began, but it shaped her life in amazing ways.

    Her mother had started out as a childminder, but she realised that fostering was her true calling. Chloe’s childhood was filled with the sounds of laughter, tears, and the joyful chaos of having different children come and go. The experience gave Chloe a deep understanding of love, resilience, and empathy.

    “You treat them like you’ve known them forever,” says Chloe. “They become your family, and you give them so much love that it shapes who you are.”

    Chloe remembers the excitement and nervousness she felt whenever a new child arrived. Each child brought their own story, and her family welcomed them with open arms, no matter the circumstances. Even though many of these children had experienced difficult situations, Chloe’s home became a place where they could feel safe and cared for.

    Fostering brought many learning moments. Chloe recalls times when her foster siblings experienced strong emotions. These moments made her feel especially connected to her family and taught her the importance of patience, understanding, and kindness.

    “Fostering teaches your own children really valuable lessons,” Chloe explains. “It helps you learn about empathy, sharing, and understanding others.”

    Her parents made sure Chloe’s voice was heard. They talked openly together about the changes fostering brought to their lives, which made Chloe feel secure and valued.

    “It’s so important to listen to your own birth children,” she says. “They’re experiencing this journey alongside you.”

    As Chloe grew older, the lessons she learned from fostering stayed with her. She witnessed how her family’s love and care helped children heal and grow. Seeing these transformations inspired her to want to help even more children.

    During the lockdown, Chloe’s passion for helping others became even clearer. She saw how difficult things were for a young boy who had been living with her family for years. This experience helped her decide to become a social worker so she could support children like him.

    Now, as a supervising social worker, Chloe uses her personal experiences to help foster carers and children. She understands both the joys and challenges of fostering. Her unique perspective allows her to relate to foster families in a special way. Chloe believes fostering changes lives for the better, not just for the children who come into the home, but for the whole family.

    “I would encourage anyone to look into fostering,” Chloe says with a smile. “It truly enriches lives and creates a loving environment for everyone.”

    Chloe’s story shows how fostering can create strong, lasting bonds. Her journey is a reminder that every child deserves a loving home, and that love has the power to transform lives. Through her work, Chloe continues to make a difference, carrying forward the lessons of compassion, patience, and hope that she learned from her own family’s fostering journey.

    Councillor Paul Hezelgrave, Lead Cabinet Member for Foster for East Midlands, said:

    Chloe’s story is a powerful reminder of how fostering transforms lives. From growing up in a fostering home to becoming a social worker, Chloe’s journey shows the incredible impact of love, empathy, and resilience. Her dedication inspires us all to believe in the power of compassion and the difference one family can make.

    For more information, visit fosterforeastmidlands.org.uk, call 03033 132 950, or email hello@fosterforeastmidlands.org.uk.

    Join us and foster for your local council to make a meaningful difference while keeping children in their local communities.

    MIL OSI United Kingdom

  • MIL-OSI USA: LANCASTER CO. – Shapiro Administration to Announce Recipients of $10 Million Investments Through Nation’s First Agricultural Innovation Grant Program

    Source: US State of Pennsylvania

    January 03, 2025Mount Joy, PA

    ADVISORY – LANCASTER CO. – Shapiro Administration to Announce Recipients of $10 Million Investments Through Nation’s First Agricultural Innovation Grant Program

    Brubaker Farms in Mt. Joy, Lancaster County, Agriculture Secretary Russell Redding will announce the recipients of Governor Josh Shapiro’s $10 million Agricultural Innovation Grant Program. Grants will fund cutting-edge solutions and technologies that will shape the future of Pennsylvania agriculture and keep Pennsylvania a national leader.

    The Agricultural Innovation Grant Program was proposed as part of Governor Shapiro’s 2024-2025 budget and passed with broad bipartisan support. The Agricultural Innovation Grant Program is a key element of Governor Shapiro’s Economic Development Strategy, which positions agriculture alongside life sciences, manufacturing, robotics, technology, and energy as vital drivers of Pennsylvania’s long-term economic success.

    WHO:
    Pennsylvania Agriculture Secretary Russell Redding
    PA Department of Agriculture Director of Innovation Mike Roth
    State Representative Paul Takac
    PA Farm Bureau President Chris Hoffman

    WHEN:
    Monday, February 3, 2025, 11 a.m.

    WHERE:
    Brubaker Farms
    492 Musser Road
    Mount Joy, PA 17552

    MIL OSI USA News

  • MIL-OSI Security: Better pay crucial to recruiting more officers

    Source: United Kingdom National Police Chiefs Council

    The National Police Chiefs’ Council (NPCC) has submitted evidence to the Police Remuneration Review Body (PRRB) and the Senior Salaries Review Body (SSRB).

    Police chiefs, whilst recognising the financial context, are calling for an increase in officer pay across all ranks of 3.8% as well as raising the starting salary for constables and reviewing pay scales to match skills and experience.

    These changes together will help with the recruitment and retention of officers and in turn support the Government’s Safer Streets Mission, Neighbourhood Policing Guarantee and its focus on reducing knife crime, anti-social behaviour and violence against women and girls.

    The recommendations, recognising the highly demanding nature of the role, also include wider officer pay structure reform and outline the importance of making policing a competitive career through better pay for all officers.

    Police chiefs have also stressed the importance of adequate funding for all forces to cover any increase, recognising that the ability for forces to absorb additional cost pressures is extremely limited.

    National Police Chiefs’ Council Lead for Pay and Conditions, Assistant Chief Officer Philip Wells, said: “Below market starting salaries for constables and real term pay cuts for officers poses a significant challenge to attracting and retaining talented police officers.

    “To deliver against the Government’s Safer Streets Mission and Neighbourhood Policing Guarantee we need to recruit, build and retain skills, attracting those people with the aptitude but also values and standards we need in policing.

    “Our recommendations recognise the significant financial pressure facing both forces and government, whilst advocating for the critical need for a funded uplift in officer pay which reflects the incredibly challenging nature of the job.”

    MIL Security OSI

  • MIL-OSI: Nuvini Group Limited Reports Strong Growth in First Half 2024 Results

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) — Nuvini Group Limited (Nasdaq: NVNI) (“Nuvini” or the “Company”), a leading acquirer of private SaaS B2B companies in Latin America, today announced its unaudited financial results for the first half of 2024, reflecting continued revenue growth, operational efficiencies, and financial resilience. The company will file a 6-K with the SEC today.

    Key Financial Highlights:

    • Operating Profit: R$14.2 million, a dramatic increase from R$0.3 million in the prior year period, demonstrating improved operational efficiencies and cost management.
    • Adjusted EBITDA: R$26.5 million, a 25% increase from R$21.2 million in H1 2023, reflecting improved profitability and disciplined cost control.
    • Net Revenue: R$92.2 million, a 12.5% increase compared to R$81.9 million in H1 2023.
    • Net Cash from Operating Activities: R$16.3 million, further reinforcing the Company’s ability to generate strong cash flow from its growing operations.

    “Nuvini’s H1 2024 results showcase our ability to drive sustainable growth and optimize operational performance,” said Pierre Schurmann, CEO of Nuvini. “We have made significant strides in improving profitability while continuing to expand our revenue base. Our disciplined acquisition strategy and operational enhancements are positioning Nuvini as a leader in the Latin American SaaS market.”

    Operational and Strategic Highlights:

    • Revenue Growth Across Portfolio: Increased customer retention and a growing client base contributed to the double-digit revenue growth.
    • Improved Cost Management: Sales and marketing expenses decreased by 11.6%, demonstrating greater efficiency in customer acquisition.
    • Enhanced Cash Flow: The Company’s strong net cash from operations of R$16.3 million further solidifies its ability to fund future growth initiatives.
    • Technology and Product Enhancements: Continued investments in AI-driven solutions and platform improvements, aimed at delivering enhanced value to customers.

    About Nuvini

    Headquartered in São Paulo, Brazil, Nuvini is the leading private serial software business acquirer in Latin America. The Nuvini Group acquires software companies within SaaS markets in Latin America. It focuses on acquiring profitable “business-to-business” SaaS companies with a consolidated business model, recurring revenue, positive cash generation and relevant growth potential. The Nuvini Group enables its acquired companies to provide mission-critical solutions to customers within its industry or sector. Its business philosophy is to invest in established companies and foster an entrepreneurial environment that would enable companies to become leaders in their respective industries. The Nuvini Group’s goal is to buy, retain and create value through long-term partnerships with the existing management of its acquired companies.

    Nuvini Investor Relations and Media Contact:

    Deb Toledo
    ir@nuvini.co

    Forward-Looking Statements

    Some of the statements contained in this press release include or may include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created by those laws. These forward-looking statements include, but are not limited to, statements regarding the expectations, hopes, beliefs, intentions or strategies regarding the future. The forward-looking statements contained in this press release are based on current expectations and beliefs concerning future developments and their potential effects on Nuvini. There can be no assurance that future developments affecting Nuvini will be those that we have anticipated. Where a forward-looking statement expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. All statements other than statements of historical fact may be forward-looking statements. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “forecast,” “outlook,” “aim,” “target,” “will,” “could,” “should,” “may,” “likely,” “plan,” “probably” or similar words may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements contained in this press release include, but are not limited to, statements about the ability of Nuvini to: realize the benefits expected from this strategic partnership; achieve projections and anticipate uncertainties relating to the business, operations and financial performance of Nuvini, including (i) expectations with respect to financial and business performance, including financial projections and business metrics and any underlying assumptions, (ii) expectations regarding market size, future acquisitions, partnerships or other relationships with third parties, (iii) expectations on Nuvini’s proprietary technology and related intellectual property rights, and (iv) future capital requirements and sources and uses of cash, including the ability to obtain additional capital in the future; enhance future operating and financial results; comply with applicable laws and regulations; stay abreast of modified or new laws and regulations applying to its business, including privacy regulation; anticipate rapid technological changes; and effectively respond to general economic and business conditions.

    While forward-looking statements reflect Nuvini’s good faith beliefs, they are not guarantees of future performance. Nuvini disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, new information, data or methods, future events or other changes after the date of this press release, except as required by applicable law. For a further discussion of these and other factors that could cause Nuvini’s future results, performance or transactions to differ significantly from those expressed in any forward-looking statement, please see the section “Risk Factors” of the Registration Statement in Form F-4 filed by Nuvini with the U.S. Securities and Exchange Commission on September 6, 2023 under number 333-272688. You should not place undue reliance on any forward-looking statements, which are based only on information currently available to Nuvini.

    The MIL Network

  • MIL-OSI: Brookfield Completes Acquisition of Chemelex

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) — Brookfield Asset Management (NYSE: BAM, TSX: BAM) through one of its private equity funds, together with its listed affiliate Brookfield Business Partners (NYSE: BBU, BBUC; TSX: BBU.UN, BBUC), today announced that it has completed the acquisition of Chemelex (“the business”) from nVent Electric Plc for a purchase price of $1.7 billion.

    Chemelex is a global leader in the design and manufacturing of electric heat trace systems, the specialized wiring systems that regulate the temperature of pipes in industrial plants and commercial buildings. With high barriers to entry and strong brand recognition as the inventor of electric heat tracing in 1972, the business sells its products into the industrial, commercial and residential, traditional and clean energy, and infrastructure markets.

    Dave Gregory, a Managing Partner in Brookfield’s Private Equity Group, said “Chemelex is a global market leader providing an essential product and service with extensive connectivity to the Brookfield ecosystem through its end markets. We’re excited to draw on our deep expertise in industrials and corporate carve-outs as we partner with the team to enhance operations and unlock its full potential as an independent business.”

    Brookfield brings deep global expertise of investing in and driving operational transformation in industrials and manufacturing businesses. Previous investments include Clarios, the global leader in advanced low-voltage batteries, Westinghouse, a leader in providing mission-critical technologies, products and service to the nuclear power industry and GrafTech, a global manufacturer of graphite electrodes.

    Funding

    Brookfield’s investment was funded with approximately $830 million of equity, of which Brookfield Business Partners invested approximately $210 million for a 25% interest. The balance was funded by institutional partners.

    Brookfield Asset Management (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager, headquartered in New York, with over $1 trillion of assets under management. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer a range of alternative investment products to investors around the world — including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors.

    Brookfield’s private equity business, which manages over $140 billion of assets under management, focuses on driving operational transformation in businesses providing essential products and services.

    Brookfield Business Partners is the flagship listed vehicle of Brookfield’s private equity group. It is a global business services and industrials company focused on owning and operating high-quality businesses that provide essential products and services and benefit from a strong competitive position.

    Investors have flexibility to invest in Brookfield Business Partners either through Brookfield Business Partners L.P. (NYSE: BBU; TSX: BBU.UN), a limited partnership or Brookfield Business Corporation (NYSE, TSX: BBUC), a corporation. For more information, please visit https://bbu.brookfield.com.

    For more information, please contact:

    The MIL Network

  • MIL-OSI United Kingdom: Get free advice and support at Help at the Hub day in Lanesfield

    Source: City of Wolverhampton

    Help at the Hub will see a wide variety of city organisations offer advice and information. The event will take place on Tuesday 11 February between 11am and 2pm at Top Hall, Lanesfield Methodist Church, Laburnum Road, WV4 6PG.

    The event has been organised by officers at the council’s Public Protection Scams Team who will be handing out free scams awareness and prevention packs.

    Residents with concerns can speak with advisors from ACCI, Act on Energy, Alzheimer’s Society, Barclays, Carer Support, Cost of Living, Healthwatch, Neighbourhood Safety Co-ordinator, NHS Talking Therapies, Public Protection, Revenue & Benefits, SUIT, The Haven, The Sanctuary Hub, Welfare Rights, West Midlands Police, Wolves Foundation and Wolverhampton Homes.

    Residents are welcome to drop in and speak to any number of the organisations for free help and assistance.

    Councillor Bhupinder Gakhal, City of Wolverhampton Council’s cabinet member for resident services, said: “Incredibly, this is our 17th Help at the Hub event, and they have proven to be a real lifeline for residents.

    “By taking free advice and support out into our communities, we have been able to help people who may otherwise have found it trickier to speak to people in a face to face environment.

    “We know that these past few years have been difficult time for many residents and worries can build up. Please don’t struggle alone, join us on 11 February for a chat about your concerns.”

    Residents do not have to book an appointment but are asked to please be prepared to wait if the event is busy.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Power of female entrepreneurship set to be celebrated at GoSucceed event

    Source: Northern Ireland – City of Derry

    Power of female entrepreneurship set to be celebrated at GoSucceed event

    3 February 2025

    Celebrating the power of female entrepreneurship and transformation is at the core of an exciting event planned by Derry City and Strabane District Council’s Go Succeed Team to celebrate International Women’s Day.

    Empower Her: Transforming Experiences into Enterprises will take place on Friday, 7th March in the Everglades Hotel from 12-2pm.

    The event will be led by Emer Maguire, whose own journey from science commentator through to musical comedy success is just one of the empowering stories which will feature at the event.

    Throughout the afternoon the audience will hear from amazing female entrepreneurs who’ve turned adversity into success, they will share their journeys of resilience, innovation, and growth.

    The keynote speaker for the event will be the inspirational Patricia Breslin. She will offer the audience invaluable insights on how to transform their experiences into thriving enterprises.

    A single mother of six children, Patricia is also a transformational speaker, counsellor, and the creator of the Who Am I? program, a 12-week journey designed to help individuals rediscover their identity, build resilience, and create a purposeful future.

    With a powerful combination of lived experience and professional expertise, Patricia specialises in guiding individuals who have faced domestic violence, trauma, or life transitions toward healing and empowerment.

    Having overcome her own challenges, including domestic violence, addiction recovery, trauma, bulimia and her personal transformation, Patricia now dedicates her life to helping others break free from limiting beliefs, reclaim their self-worth, and step into their full potential. She is also a TedX speaker, hypnotherapist, and NLP practitioner, using a blend of therapeutic and coaching techniques to inspire lasting change.

    This is a free event, but places are limited. Encouraging people to sign up early, Rachel Gallagher, Business Officer with Derry City and Strabane District Council said: “This is an unmissable opportunity to connect with like-minded women, get inspired, and celebrate the spirit of entrepreneurship – just in time for International Women’s Day.

    “We are delighted to have such strong and inspiring women as Emer and Patricia joining us for the event, and I know their personal stories will give our audience members lots of great tips and ideas which they can use to help boost their business, take the next step forward in their own career or make an important change in their personal life.

    “As well as hearing these powerful testimonies, the Empower Her event will also allow lots of time for networking and making those important connections which we know are so beneficial to small and growing businesses.”

    Tickets for the Empower Her: Transforming Experiences into Enterprises are now available on glistrr. Tickets are free, but please register as soon as possible to secure your place.

    Go Succeed (www.go-succeed.com) is funded by the UK Government and delivered by Northern Ireland’s 11 councils. The service supports entrepreneurs, new starts and existing businesses with easy-to-access advice and support including mentoring, master classes, peer networks, access to grant funding and a business plan, at every stage of their growth journey.

    For further information on the support programmes available to set up and grow your business through Derry City and Strabane District Council visit derrystrabane.com/business.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Essential work to improve Lendal starts Monday 3 February

    Source: City of York

    Published Friday, 31 January 2025

    Two urgent improvement works are due to begin on Lendal. To ensure the safety of public and workers on site, Lendal will have daily and temporary closures to vehicles.

    Northern Gas Networks will carry out essential work to the roadway on weekdays from Monday 3 February until Friday 14 February 2025. The road will be open for deliveries and access before 10.30am and will be closed to vehicles from 10:30am until 5.00pm, Monday to Saturday.

    Outside those times, metal plates will be laid over the workings, so vehicles can drive along Lendal. Pedestrian access will remain open throughout to ensure access to businesses.

    City of York Council will resurface and improve footways from Monday 24 February for three months until late May 2025, weather permitting. The road will be open before 10.30am and closed to vehicles from 10.30am until 4.00pm each weekday.

    Outside those times, works will be barriered off but access will be maintained. Pedestrian access will remain open throughout. Pathways and cyclist routes will be maintained, where possible, to allow access to any properties and businesses safely. Emergency services will be permitted through the works at all times.

    Work will pause during the busy Easter holiday period from the end of Friday 4 April 2025 and start again on the morning of Tuesday 22 April 2025. Access will be open during that period and the Blake Street barriers will be staffed as usual.

    Blue Badge parking will be suspended on Blake Street, Lendal and St Helen’s Square during the closure periods.

    During these two closures, access for Blue Badge holders will be via Goodramgate, which is used by the vast majority of Blue Badge holders. Blue Badge holders will be able to access and park along Goodramgate, Church Street and Colliergate as usual.

    Councillor Kate Ravilious, Executive Member for Transport at City of York Council, said:

    The decision to pause Blue Badge vehicle access along the Lendal loop has not been taken lightly, but the forthcoming roadworks are essential and the footway repairs will improve accessibility for everyone.

    “We have checked to see if these two periods of work could run alongside each other to minimise disruption. Unfortunately, the access needed for staff and vehicles couldn’t be safely operated.

    “We’re notifying Blue Badge holders, taxi drivers and affected businesses ahead of these temporary closures.”

    MIL OSI United Kingdom

  • MIL-OSI: Caisse Française de Financement Local: EMTN 2025-4

    Source: GlobeNewswire (MIL-OSI)

    Paris, 3 February 2025

    Capitalised terms used herein shall have the meaning specified for such terms in the Caisse Française de Financement Local base prospectus to the €75,000,000,000 Euro Medium Term Note Programme dated 8 July 2024 (the “Base Prospectus”).

    Caisse Française de Financement Local has decided to issue on 5 February 2025 – Euro 50,000,000 Callable Fixed Rate Obligations Foncières due 5 February 2055. 

    The Base Prospectus dated 8 July 2024 and the supplements to the Base Prospectus dated 13 September 2024, 30 September 2024 and 26 December 2024 approved by the Autorité des Marchés Financiers are available on the website of the Issuer (https://www.caissefrancaisedefinancementlocal.fr/), at the registered office of the Issuer: 112-114, avenue Emile Zola, 75015 Paris, France, and at the office of the Paying Agent indicated in the Base Prospectus.

    The Final Terms relating to the issue will be available on the website of the AMF (www.amf-france.org) and of the Luxembourg Stock Exchange (www.bourse.lu), at the office of the Issuer and at the office of the Paying Agent.

    Attachment

    The MIL Network

  • MIL-OSI: CampDoc and Tessitura Announce Partnership and Integration for Arts and Culture Organizations

    Source: GlobeNewswire (MIL-OSI)

    ANN ARBOR, Mich., Feb. 03, 2025 (GLOBE NEWSWIRE) — CampDoc, the leading electronic health record (EHR) system for camps and youth programs, and Tessitura, a nonprofit technology company serving arts and culture organizations, are excited to announce a new partnership and integration designed to streamline operations while improving health and safety.

    This strategic collaboration connects the CampDoc EHR with Tessitura’s powerful CRM and ticketing platform, creating a unified solution. The integration enables seamless data syncing, reducing administrative burdens for performing arts organizations, aquariums, museums, zoos and other cultural organizations that offer youth programs.

    “We’re proud to partner with Tessitura to empower their organizations with tools that make health and safety more accessible,” said Dr. Michael Ambrose, Founder and CEO of CampDoc. “This integration brings peace of mind to families and enables staff to focus on delivering unforgettable experiences, knowing that critical health information is readily available when it’s needed most.”

    Tessitura’s comprehensive CRM platform supports ticketing, fundraising, memberships and more for 800 arts and culture organizations in 10 countries worldwide. CampDoc is a SOC 2 Type 2 and HIPAA-compliant solution already used by many Tessitura organizations. This new integration ensures a seamless experience for teams that employ both solutions.

    “Our collaboration with CampDoc reflects a commitment to connecting our members with leading partner resources that simplify their operations and enhance their customer experience,” said Rebecca Herberson, Vice President of Solutions and Strategic Partnerships at Tessitura. “Together, we’re equipping organizations with the tools needed to deliver both outstanding cultural programs and exceptional care for participants and their families.”

    The CampDoc and Tessitura integration addresses the increasing need for streamlined, secure and user-friendly solutions. Organizations interested in learning more about the integration between CampDoc and Tessitura can visit www.campdoc.com or www.tessitura.com.

    About DocNetwork
    CampDoc and SchoolDoc offer the most comprehensive Electronic Health Record (EHR) solution to help ensure the health and safety of children while they are away from home. DocNetwork is trusted by over 1,250 programs across all 50 states and internationally, including traditional day and residential camps, aquariums, museums, zoos, YMCAs, JCCs, Girl Scouts, Boy Scouts, parks and recreation facilities, colleges and universities, and K-12 public, private, and charter schools. For more information about DocNetwork and web-based health management, please visit www.campdoc.com, www.schooldoc.com, or call 734-619-8300.

    About Tessitura
    Tessitura is a nonprofit technology company dedicated to helping arts and culture organizations thrive. CRM lies at the heart of Tessitura’s mission and secure technology platform. Ticketing and admissions work hand-in-hand with fundraising, membership, marketing, education and front of house. Intuitive reporting and forecasting tools help reduce uncertainty and turn data into insights. And features such as frictionless payments, digital ticketing and integrated e-commerce help build a sustainable and accessible future. Tessitura works with more than 800 organizations in 10 countries. For more information, visit www.tessitura.com.

    Contact:

    For DocNetwork:
    Michael Ambrose, M.D.
    DocNetwork
    734-619-8300
    michael@docnetwork.org

    For Tessitura:
    communications@tessituranetwork.com

    The MIL Network

  • MIL-OSI: Nokia selected by DE-CIX to upgrade New York’s largest Internet Exchange backbone

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    Nokia selected by DE-CIX to upgrade New York’s largest Internet Exchange backbone 

    • New York’s largest Internet Exchange to receive 400GE backbone upgrade and 800GE support as network ecosystem grows, resulting in greater router flexibility and operational resilience.
    • Nokia optical solution offers improved flexibility, faster incident response times, and seamless customer experience with no service interruptions.

    3 February 2025
    New York, USA – Nokia and DE-CIX, the world’s leading Internet Exchange (IX) operator, today announced the upgrade of the backbone network for DE-CIX New York, the largest IX in NY and in the US Northeast region. The DE-CIX backbone will be upgraded to 400 Gigabit Ethernet (GE) using Nokia optical technology and redesigned in a ring topology, redundantly interconnecting the 10 data center facilities where DE-CIX infrastructure is housed and enhancing the resiliency of the platform for all participants.

    The Nokia optical solution also enables 800GE support for anticipated further growth of the IX and employs Reconfigurable Optical Add/Drop Multiplexer (ROADM) technology to ensure much greater routing flexibility, faster reaction times in the case of incidents, and a seamless customer experience without any service interruptions.

    Dr. Thomas King, CTO of DE-CIX, said: “When we began planning the upgrade of our New York backbone, we wanted to simplify our network, while also increasing the resilience of the platform. We took a detailed look at the options in the market, and Nokia was the best choice for us. We have worked with Nokia globally for more than 10 years now, and the capacity, reliability, and innovative strength of their hardware has always impressed us.”

    Within a dense wavelength-division multiplexing (DWDM) system, the ROADM technology in Nokia’s 1830 Photonic Service Switch (PSS) makes it possible to automatically reroute waves at the optical layer in any direction around the backbone. This means that incidents at any location in the network can be mitigated more rapidly and less capacity is required at the IP layer to guarantee the same level of resilience.

    James Watt, Senior Vice President and General Manager of Nokia’s Optical business, said: “In today’s connected world, staying resilient and ready to scale is a must. This upgrade to DE-CIX New York’s backbone isn’t just about supporting the largest Internet Exchange in the Northeast — it’s about shaping the future of connectivity in one of the world’s biggest markets. With Nokia’s cutting-edge optical tech, we’re ensuring networks are flexible, reliable, and ready to handle whatever comes next. Together with DE-CIX, we’re building the foundation for a limitless digital future.”

    Ed d’Agostino, Vice President DE-CIX North America, said: “This upgrade, powered by Nokia’s optical technology, allows us to future-proof our platform to best serve the New York market and start 2025 on track for further growth. With the number of data centers that we integrate, it is imperative that we have a state-of-the-art transport network with scalable capacity. DE-CIX New York is the largest IX in New York and the youngest Internet Exchange in the Top 5 largest IXs in the US. The platform covers an area spanning Long Island to the East and Piscataway and Edison to the South and West. It connects over 265 networks from across the city, with an infrastructure that spans over 40 data centers served.

    DE-CIX New York is connected to all other DE-CIX locations in North America, enabling remote peering and access to a vibrant ecosystem of networks not present in other local exchanges. The DE-CIX Internet and Cloud Exchanges in New York, Dallas, Chicago, Richmond, Houston, and Phoenix, and the dedicated Cloud Exchange in Seattle, form the largest carrier and data center neutral interconnection ecosystem in North America.

    Further, DE-CIX New York is directly connected to DE-CIX’s locations in Europe – e.g. DE-CIX Frankfurt, the largest IX in Europe – and beyond. Globally in 2025, the 30th year since the operator’s establishment, DE-CIX offers its interconnection services in close to 60 locations across Europe, Africa, North and South America, the Middle East, and Asia. Accessible from data centers in over 600 cities world-wide, DE-CIX interconnects thousands of network operators (carriers), Internet service providers (ISPs), content providers and enterprise networks from more than 100 countries, and offers peering, cloud, and other interconnection services.

    Nokia, DE-CIX and 650 Group to host webinar on 5 March 2025, 12PM EST

    Nokia will host a webinar together with DE-CIX and 650 Group on the topic of “Rewiring the Future: Conversations on Networking for an AI-Driven World”. Interested parties can join Rodney Dellinger, CTO of Webscale, Nokia, Dr Thomas King, CTO of DE-CIX, and Alan Weckel, co-founder and principal analyst of 650 Group, as they discuss what’s needed for the success of GenAI and how the network needs to evolve to deliver these services to the end users. Further information can be found here.

    Resources and additional information
    DE-CIX New York: https://www.de-cix.net/en/locations/new-york
    Product page: 1830 Photonic Service Switch (PSS)
    Webpage: Nokia Optical Networks
    Webpage: Webscale networking for AI

    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 DE-CIX North America
    DE-CIX North America Inc., which began operations in 2014, is a wholly owned subsidiary of DE-CIX International AG, the international arm of DE-CIX, the world’s leading Internet Exchange operator. Together, the DE-CIX Internet and Cloud Exchanges in New York, Dallas, Chicago, Richmond, Houston, and Phoenix, and the dedicated Cloud Exchange in Seattle, create the largest neutral interconnection ecosystem in North America. DE-CIX provides network and data center-neutral peering and other interconnection services in North America. With access to DE-CIX North Americas’ Internet Exchanges, customers gain more control of their networks and access to world-class content providers, as well as IP transit, Virtual Private Network (VPN), and Blackholing services to mitigate the effects of DDoS attacks. DE-CIX New York is the youngest Internet Exchange in the Top 5 largest IXs in the US. It is carrier and data center-neutral and Open-IX certified. DE-CIX’s IXs are distributed across major carrier hotels and data centers throughout each metro region it serves. DE-CIX operates more access points than any other Internet Exchange operator in North America. For more information, please visit https://de-cix.net/north-america

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

    DE-CIX Global Public Relations
    Judith Ellis, Nils Klute, Elisabeth Marcard, Viola Schreiber, Robert Stotzem & Carsten Titt
    Telephone: +49 (0)69-1730902-130
    Email: media@de-cix.net 

    Follow us on social media
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    The MIL Network

  • MIL-OSI United Kingdom: Sixteen people recognised by His Majesty’s Lord- Lieutenant of Gwent

    Source: United Kingdom – Executive Government & Departments

    The efforts of 16 people, including 3 young cadets from across Gwent have been recognised by the King’s representative for the county.

    Lord-Lieutenant of Gwent Awards. Copyright of RFCA for Wales.

    In recognition of their outstanding service and devotion to duty, 3 people were awarded the Lord-Lieutenant’s Certificate of Merit by Brigadier Robert Aitken CBE CStJ at the awards ceremony at Chapman VC House, Cwmbran, on Thursday 30 January.

    The recipients were Staff Sergeant Paul Carter of 100 Field Squadron, The Royal Monmouthshire Royal Engineers (Militia) and Second Lieutenant Katie Marfell and Sergeant Major Instructor Tyrone Gravell both of Gwent and Powys Army Cadet Force.

    The achievements of the Lord-Lieutenant’s 3 cadets were recognised and celebrated during the event attended by 80 people. 

    Cadet Sergeant Major Robert Lewis and Cadet Sergeant Major Thomas Wilson both of Gwent and Powys Army Cadet Force and Cadet Warrant Officer Megan Hutton of No 1 Welsh Wing RAF Air Cadets outlined to the audience highlights of their time in cadets.

    The role, which lasts for a year, includes attendance with the Brigadier (who acts as the King’s representative) at a number of official engagements such as Remembrance events, Royal visits and parades.

    The 3 were selected for the prestigious Lord-Lieutenant’s cadet role after being put forward for nomination by cadet group leaders and the Reserve Forces’ and Cadets’ Association for Wales.

    The King’s Coronation Medal was also presented to Staff Sergeant Paul Carter, 5 members of Gwent and Powys Army Cadet Force and two members of No 1 Welsh Wing RAF Air Cadets, in recognition of their service. The King’s Coronation Medal is a thank you from the nation for those who were a member of the Armed Forces on 6 May 2023 and had 5 years’ uninterrupted service.

    They were Second Lieutenant Greg McFarlane, Staff Sergeant Instructor Peter Clements, Staff Sergeant Instructor Peter Hire, Staff Sergeant Instructor Kevin Trigg and Sergeant Instructor Clive Scott of Gwent and Powys ACF and Squadron Leader Ken Lavender and Squadron Leader Chris Stubbs of No 1 Welsh Wing RAF Air Cadets.

    Staff Sergeant Peter Hire was also presented with the Cadet Forces’ Medal, which is awarded to members of the Cadet Force for 12 years service. 

    Volunteer service recognition awards were also presented to three members of the Sea Cadet Corps. These were Civilian Instructor Brendyn Metcalfe of Torfaen Sea Cadets for 12 years service, Petty Officer Bryony Duggan of Newport Sea Cadets for six years service and Mr Robin Lawlor of Torfaen Sea Cadets also for six years service. 

    There are nearly 5,000 cadets in Wales who gain skills and qualifications through working with local communities, charities and taking part in a variety of practical activities. 

    The cadet syllabus is delivered by 1,850 volunteering adult Instructors and civilian assistants, who give up their spare time on weeknights and weekends.

    The awards event was organised by the Reserve Forces’ and Cadets’ Association (RFCA) for Wales – an organisation that has supported the Armed Forces for over 100 years.

    Updates to this page

    Published 3 February 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Government sets out plans to target ‘stuck’ schools

    Source: United Kingdom – Executive Government & Departments

    Education Secretary sets out plan for a new era of school standards.

    Stronger accountability, increased intervention in stuck schools and faster school improvement are at the heart of this government’s plan to give every child the best start in life, the Education Secretary has said today.

    Speaking at the Centre for Social Justice, Bridget Phillipson laid out plans for a new era of school standards building on the reforms of successive governments and delivering on the Prime Minister’s Plan for Change – breaking the link between background and success. 

    This includes an excellent teacher for every classroom, a high-quality curriculum for every school and a core offer of excellence for every parent so that every child can achieve and thrive.  

    The Secretary of State announced new plans to tackle forgotten schools as part of proposals for a significantly strengthened school accountability system that works for parents. 

    There are more than 600 ‘stuck’ schools in England that have received consecutive poor Ofsted judgements, and which are attended by more than 300,000 children. Those attending these schools leave primary school with results 14 percentage points worse on average and secondary school with results a grade per subject worse on average.  

    Plans unveiled by the Education Secretary today provide for a stronger, faster system, spearheaded by an initial £20m investment in new regional improvement teams, known as RISE teams which will prioritise these stuck schools. They will draw up bespoke improvement plans with those schools, with government making up to £100,000 available initially to each school for specialist support. This compares to a £6,000 grant that was available previously for similar schools. 

    In her speech, Education Secretary Bridget Phillipson said: 

    Stuck schools are the new front in the fight against low expectations. 

    I will not accept a system that is content for some to sink, even while others soar.  

    The opportunity to succeed must be the right of every child. 

    We simply can’t allow stuck schools to disappear off the radar. 

    The reforms announced today continue the strong accountability already within the education system since the growth of inspection in the 1990s that has improved school standards.

    The government will continue to use structural intervention – converting to an academy, or moving to a new, strong trust – where Ofsted identifies the most serious concern or does not identify rapid improvement. It has also proposed closer monitoring of schools with the most serious problems to track progress. 

    The government expects the number of schools that receive mandatory intervention – including structural and from RISE teams – to be around double than before, securing swift improvement for children and driving high and rising standards in every part of the country.  

    Leora Cruddas, Chief Executive of the Confederation of School Trust, said:

    There is a lot to be proud of about our school system in England. We are a good school system on a journey to great.

    This is because we have built on the evidence of what works – thirty years of curriculum development, teacher development, accountability, structural reform, and innovation. But the school system does not work for all children: the gap between economically disadvantaged pupils and their peers has widened; the system does not serve children with SEND well; and not enough of our children feel like they belong in our schools. Some of our schools are not on a secure improvement trajectory.

    If we are to build a great school system, then we must design it so that all our children achieve and thrive. We are committed to working with government to design a system that is built on excellence, equity, and inclusion.

    Sir Hamid Patel, Chief Executive of Star Academies, said:

    The Government is right to focus on strong and supportive accountability to deliver high standards and expectations. While we take pride in the significant strengths, achievements, and international reputation of our school system, the entrenched disadvantage gap is a national crisis that requires urgent and persistent action from us all.

    The introduction of RISE Teams to support the work of our outstanding school trusts, along with additional funding for tailored school improvement and enhanced monitoring of schools facing serious performance challenges, will contribute to an aspirational system that benefits all children and families.

    Jon Coles, Chief Executive of United Learning, said:

    Turning around schools which are not doing a good enough job for children is a critical priority for our school system. It is therefore good to see the government’s determination to ensure rapid improvement in a larger number of struggling schools while continuing with structural intervention in the weakest schools by using all the resources and capacity available.

    Jason Elsom, Chief Executive of Parentkind said:

    Parents will welcome efforts to make sure that there are high standards in every classroom.

    Schools will be at the centre of significant social change during the decade ahead and we will need a robust, responsive system that not only recognises when schools are excelling but steps in with meaningful support when they struggle.

    When we engage with parents about school inspections, their message is clear: they want a framework that is firm yet fair, one that places the success and well-being of every child at its core and acknowledges the essential role of parents in making this vision a reality.

    Dr Vanessa Ogden, Chief Executive Mulberry Schools, said:

    We see an ambitious plan announced today that invests in the quality assurance, leadership and resources to build on existing success and improve standards for all. Those schools that need it will get the expert challenge and support required to achieve turnaround. Those that already hold this knowledge can help. Working together in this way, we can ensure that every child gets the great school they deserve – and we can reach higher and further than ever in education, for a thriving economy, regional prosperity and fulfilled secure lives.

    Tom Campbell, Chief Executive Office, E-Act, said:

    I welcome the government investment in support for schools who have been left to struggle in recent years.  The RISE teams and their focus on support rather than intervention makes high quality school improvement available to all schools, irrespective of which trust or LA they are in or which geographical region they are based.

    While RISE teams will immediately prioritise stuck schools, the proposals also set out that they will engage with schools that have concerning levels of pupil attainment, including large year-on-year declines.  

    The teams will also work across all schools providing a universal service, signposting to best practice and bringing schools together to share their knowledge and innovation.  

    The measures today come as Ofsted has unveiled the new report cards which they propose will evaluate schools across nine separate areas.  They also set out proposals for evaluating areas from ‘exemplary’ to ‘causing concern’, holding schools to a higher standard and providing far greater information for parents.  

    School report cards will start to be introduced from this autumn.  

    ENDS 

    • RISE teams abbreviated from ‘Regional Improvement for Standards and Excellence’.

    DfE media enquiries

    Central newsdesk – for journalists 020 7783 8300

    Updates to this page

    Published 3 February 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: 11.5 million file Self Assessment by 31 January deadline

    Source: United Kingdom – Executive Government & Departments

    Millions of taxpayers filed their Self Assessment tax return for the 2023 to 2024 tax year by the deadline.

    • More than 11.5 million taxpayers filed their Self Assessment tax return by midnight on 31 January.
    • 97.36% of tax returns were filed online.
    • 90.53% of expected filers filed their Self Assessment.

    More than 11.5 million taxpayers beat the Self Assessment deadline to file their tax return for the 2023 to 2024 tax year by 31 January and avoid a £100 late filing penalty, HM Revenue and Customs (HMRC) can reveal.

    The number of people who filed their return on deadline day was 732,498, with the most common time being 16:00 to 16:59 when 58,517 people filed. Thousands left submitting their return until the very last minute when 31,442 filed between 23:00 and 23:59.

    HMRC is urging anyone who has missed the deadline to file their tax return now and pay any tax owed. One of the quickest ways to pay is via the free and secure HMRC app. Time to Pay arrangements are available for those who cannot pay their tax bill in full. Late filing and late payment penalties are charged for failure to meet the deadline.

    Myrtle Lloyd, HMRC’s Director General for Customer Services, said:

    Thank you to the millions of people and agents who filed their Self Assessment tax return and paid any tax owed by 31 January. I’m urging anyone who missed the deadline, to submit their return as soon as possible to avoid any further penalties. Search ‘Self Assessment’ on GOV.UK to find out more.

    The penalties for filing a tax return late are:

    • an initial £100 fixed penalty, which applies even if there is no tax to pay, or if the tax due is paid on time
    • after 3 months, additional daily penalties of £10 per day, up to a maximum of £900
    • after 6 months, a further penalty of 5% of the tax due or £300, whichever is greater
    • after 12 months, another 5% or £300 charge, whichever is greater

    There are also additional penalties for paying late – 5% of the tax unpaid at 30 days, 6 months and 12 months. Interest will also be charged on any tax paid late.

    If someone regularly sells goods or provides services through an online platform, they may need to pay tax on their income. Customers can find out more about selling online and paying taxes on GOV.UK by searching ‘online platform income’ or by downloading the HMRC app. The guidance will help them decide if their activity should be treated as a trade and if they need to complete a Self Assessment tax return.

    Further information

    Self Assessment 2025 facts summary:

    • 12,026,540 Self Assessment returns expected
    • 11,509,810 returns received by 31 January. This includes expected returns, voluntary returns and late registrations
    • 10,887,810 expected returns received by 31 January
    • An estimated 1.1 million customers missed the deadline
    • 11,205,810 returns were filed online (97.36% of returns, following adjustments)
    • 304,000 paper tax returns were filed (2.64% of returns, following adjustments)

    Voluntary returns/late registrations are an estimate based on returns received by early January and previous filing behaviour.

    These figures are indicative and may be subject to further adjustments once all figures have been ratified.

    Previous Self Assessment statistics:

    • 11,581,962 returns received for the 2022 to 2023 tax year by 31 January 2024
    • 11,351,289 returns received for the 2021 to 2022 tax year by 31 January 2023

    Updates to this page

    Published 3 February 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: New partnerships with financial sector to unlock growth in UK and overseas

    Source: United Kingdom – Government Statements

    UK Minister for Development announces funding and partnerships to deliver Sustainable Development Goals and domestic growth, in speech at London Stock Exchange.

    • Government to partner with UK financial sector to deliver on the Plan for Change by tackling climate change and driving growth at home.
    • Minister for Development Anneliese Dodds pays tribute to the UK financial services sector, which “powers jobs and growth across the UK”.
    • New funding and partnerships will unlock investment opportunities, as part of a new development approach supporting sustainable economic growth overseas.

    Efforts to address the climate crisis and boost growth in the Global South and at home will be enhanced under a partnership approach between the government and the UK financial sector, the UK’s Minister for Development Anneliese Dodds announced today (Monday 3 February).

    Speaking at the London Stock Exchange, Minister Dodds praised the “expertise, experience and dynamism” of the UK’s financial services sector, and pledged to put this expertise “at the heart of how we meet the opportunities and challenges of our time”, including accelerating delivery of the UN’s Sustainable Development Goals (SDGs). These seek to address global challenges, including poverty, inequality, and climate change, to achieve a better and more sustainable future for all, by 2030.

    Minister Dodds set out how investment in the Global South is an opportunity for UK financial services “to marry investment in the economies and technologies of the future, with the experience and expertise of the City of London”, adding that the government will hold up its end of the bargain by working internationally to reform the global financial system to provide greater opportunity and stability.

    Minister for Development Anneliese Dodds said:

    With businesses and the government working hand in hand to drive investment in the Global South, we can unlock growth, jobs, trade, investment, and pride in our economy overseas and here at home.

    This government is enabling the financial services sector to flourish and use its expertise and depth of capital to invest in the markets and technologies of the future.

    Through partnerships like this, we will deliver on the Plan for Change, drive domestic growth, and create a world free from poverty on a liveable planet.

    The Minister announced up to £100 million for the UK’s flagship public markets programme MOBILIST. This programme will provide businesses focused on delivering the SDGs with the anchor funding and expert advice they need to list on stock exchanges around the world, including in London, allowing them to attract significant sums of additional private investment. 

    This is expected to generate between £400 million and £600 million of new investments in businesses across emerging markets in Asia, Africa, and Latin America. These investments will support economic growth, sustainable development, and climate action in local markets.

    She also celebrated the issuance of the first Climate Investment Fund (CIF) Capital Markets Mechanism (CCMM) bond last month, which raised $500 million (approximately £400 million) for energy and clean technology projects in low- and middle-income countries. The CCMM, launched by the Prime Minister at COP29, is a new financial mechanism to leverage future loan repayments by issuing bonds on capital markets.

    As today’s announcements demonstrate, this government’s modern approach to development focuses on harnessing the power of the private sector in mobilising the finance emerging markets need to grow. This will create future export markets for the UK and new overseas investment opportunities, supporting domestic growth and delivering on the government’s Plan for Change. It will also make the UK safer and more stable by tackling the drivers of conflict, climate crises and economic decline in partner countries.

    UK Climate Minister Kerry McCarthy said: 

    This is a historic moment for tackling the climate crisis, with the first bond raising $500 million to accelerate the global clean energy transition and support the flow of climate finance to developing countries.

    Public finance alone cannot tackle the scale of this challenge, and this mechanism will help leverage the private finance needed to support those on the frontline of a changing climate.

    Its listing in the UK positions London as a green finance capital. By working with partners such as the World Bank the UK can drive the action needed to grow the economy and reap the rewards of net zero.

    Minister Dodds made the announcements during a speech to the UK financial sector, including pension funds, insurers, banks, and development finance organisations, after joining a market opening ceremony at the London Stock Exchange.

    Julia Hoggett, CEO of the London Stock Exchange, added:

    Flows of investment are vital to generating sustainable growth both in the UK and around the world. London’s capital markets have long played a leading role in driving flows of capital to where they need to go, and we welcome the focus on fuelling growth and supporting the just transition to net zero.

    As part of these efforts, we are proud to celebrate the listing of the Climate Investment Funds’ Capital Markets Mechanism on the London Stock Exchange. This pioneering bond issuance programme not only brings a new financing tool to our market but is facilitating critical investment in sustainable and clean assets.

    As part of the speech, the Minister also welcomed a first-of-its-kind report from UK institutional investors, co-led by Mercer, Aviva Investors and the Private Infrastructure Development Group (PIDG) and supported by the Institutional Investors Group on Climate Change (IIGCC), on scaling private capital for climate action in emerging markets, and announced a new taskforce to take its recommendations forward.

    The speech comes a week after British International Investment (BII), which is funded by the FCDO, launched a call for institutional investors to work with them to develop solutions that will boost the flow of private capital into emerging markets, which are often considered too risky by global investors, but can offer attractive investment opportunities for growth, diversification and impact for the climate transition. 

    Tariye Gbadegesin, Chief Executive Officer, Climate Investment Funds, said:

    The UK has long recognized that to transform our energy systems at the scale and speed required, we must deploy public money smartly. That means putting climate finance to work where it’s most needed: investing in promising new technologies and enabling new clean energy markets, to spur private sector interest at scale.

    As a founding member of the Climate Investment Funds and a proud partner in the launch of our next-generation CIF Capital Markets Mechanism today, the UK is demonstrating its commitment to bold new models of public-private partnership for both people and planet.

    Benoit Hudon, Mercer’s UK President and CEO said:

    UK institutional investors, as part of the wider financial and professional services ecosystem are uniquely placed to help finance development projects in emerging markets and developing economies, which will also support UK growth. The report published today, co-led by Mercer, sets out a range of measures the UK Government and finance industry can take to secure the UK’s position as the world’s leading destination for transition finance.

    Background

    The Minister’s full speech will be made available on gov.uk following the event: Search – GOV.UK

    Photos to be available on FCDO Flickr later today.

    About MOBILIST 

    A flagship UK government programme, MOBILIST (Mobilising Institutional Capital Through Listed Product Structures) identifies and invests in scalable, replicable transactions on public markets that help deliver the climate transition and the Sustainable Development Goals. MOBILIST invests capital on commercial terms, delivers technical assistance, conducts research, and builds partnerships to catalyse investment in newly listed products. Since its inception, MOBILIST has invested £87 million in equity and equity commitments, directly mobilising £247.5 million in private capital.

    Examples of initiatives supported by MOBILIST include:

    • Citicore Renewable Energy Company: in June 2024, MOBILIST supported the Philippines in its transition to renewable energy through a £9.9 million local currency investment in the initial public offering (IPO) of Citicore Renewable Energy Corporation (CREC) on the Philippines Stock Exchange, Inc. (PSE), helping to decarbonise the Philippines power generation fleet by rapidly rolling out wind and solar, adding 2.3GW by the end of 2025 and 5GW by 2028. MOBILIST’s investment supported £63.7 million of private investment, a mobilisation ratio of 6.25.
    • Bayfront Infrastructure Capital IV: MOBILIST’s £4 million equity investment in September 2023 into a $410 million securitisation vehicle that listed on the Singapore Stock Exchange and enabled the greening of bank balance sheets in Southeast Asia and attracted international investors into developing countries’ infrastructure. MOBILIST’s investment supported £90.5 million in private investment, a mobilisation ratio of 22.9.

    About the CIF & CCMM

    The Climate Investment Funds (CIF) were launched in 2008 to invest in Emerging Markets and Developing Economies (EMDEs) climate projects. To date, the CIF has leveraged over $64bn from $12.3bn of donor contributions, supporting over 400 projects in over 80 countries. The UK (led by DESNZ) is a leading donor and chairs its Joint Trust Fund Committee.

    The CIF Capital Markets Mechanism (CCMM) was launched by the Prime Minister at COP29, and the bonds were issued on the London Stock Exchange in January 2025. It is a new financial mechanism to leverage future loan repayments (reflows) from previous investments made under the CIF’s Clean Technology Fund (CTF), by issuing bonds on capital markets. 

    Examples of investments made by the CTF include:

    • In South Africa, CTF invested $430.9 million (with co-financing of $2.28 billion). Key achievements include supporting Sub-Saharan Africa’s first large-scale battery storage project and increasing clean energy share in the power grid. This has led to a reduction of 1 million tons of CO2 annually. Notable projects include the KaXu, Xina, and Khi solar plants and the 2023 launch of Africa’s largest battery energy storage system.
    • In Thailand, CTF invested $85.7 million (with co-financing of $1.1 billion). This funding supported over 480MW of solar and wind capacity, reducing 160,000 tons of CO2 annually. Over eight years, wind capacity increased seven-fold, and solar capacity more than doubled. CTF also helped finance the Theppana Wind Power Project and kickstarted the Solar Power Company Group to develop solar farms across northeastern Thailand.

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Contact the FCDO Communication Team via email (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 3 February 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Debt collection and enforcement services

    Source: United Kingdom – Government Statements

    Advantis take over responsibility for Crown Court means testing (CCMT) debt collection and enforcement services (DCES).

    On Monday 3 February 2025, Advantis Credit Ltd. took over responsibility for Crown Court means testing (CCMT) debt collection and enforcement services (DCES) for the Legal Aid Agency (LAA).

    Advantis were awarded the DCES contract in August 2024, following a competitive procurement process, and have been working with LAA and the previous supplier, Marston Holdings Ltd. over the past six months to mobilise the service and ensure a smooth transition between suppliers.

    Further information

    You can find frequently asked questions (FAQs) about Advantis, including information specific to LAA, at Advantis Credit FAQ.

    Updates to this page

    Published 3 February 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Escalation of violence in eastern Democratic Republic of the Congo: G7 foreign ministers’ statement

    Source: United Kingdom – Executive Government & Departments 3

    G7 foreign ministers gave a statement condemning the Rwanda-backed M23 offensive in eastern Democratic Republic of the Congo and the capture of Minova, Saké and Goma.

    Joint statement:

    We, the G7 Foreign Ministers of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States of America and the High Representative of the European Union, strongly condemn the Rwanda-backed M23 offensive in the eastern Democratic Republic of the Congo, and in particular, the capture of Minova, Saké and Goma. We urge M23 and the Rwanda Defence Force (RDF) to cease their offensive in all directions. We call for the urgent protection of civilians.

    We also call for an end to all direct and indirect support to the M23 and all non-state armed groups in the DRC. This offensive constitutes a flagrant disregard for the sovereignty and territorial integrity of the DRC. We also condemn M23’s intention to continue expansion into South Kivu.

    This latest M23 offensive has led to a dramatic increase in displaced civilians in Goma and across eastern DRC, on top of the displacement of hundreds of thousands of people since the start of the M23 offensive in January. We deplore the devastating consequences of the renewed M23 and RDF offensive, worsening already difficult humanitarian conditions.

    G7 Foreign Ministers call for the rapid, safe and unimpeded passage of humanitarian relief for civilians and reiterate that humanitarian personnel must be provided assurances of safety.

    We urge all parties to return to the negotiating table and honour their commitments under the Luanda Process. We urge the M23 to withdraw from all controlled areas. We also urge all parties to fully commit to a peaceful and negotiated resolution of the conflict.

    We reiterate our full support to the United Nations Organization Stabilization Mission in the DRC (MONUSCO) to protect civilians and stabilize the region and call on all parties to respect its mandate.

    Attacks against peacekeeping personnel are entirely unacceptable. We extend our deepest condolences to the families of the fallen peacekeepers of MONUSCO and the Southern African Development Community Mission in the Democratic Republic of the Congo (SAMIDRC).

    We strongly condemn all attacks against diplomatic missions in Kinshasa. We urge the Congolese authorities to take all appropriate steps to protect diplomats and the premises of diplomatic missions, as is their responsibility in accordance with international law.

    Updates to this page

    Published 2 February 2025

    MIL OSI United Kingdom

  • MIL-OSI: Terms for Nykredit’s and Totalkredit’s auctions – Totalkredit A/S

    Source: GlobeNewswire (MIL-OSI)

    To Nasdaq Copenhagen 
            
    Terms for Nykredit’s and Totalkredit’s auctions

    The total bond offering in connection with the interest rate adjustment of adjustable-rate mortgages (ARMs) and the refinancing of floating-rate loans at Nykredit’s and Totalkredit’s refinancing auctions amounts to approx. DKK 53.6bn. The auctions will be conducted in the period from 4th to 7th Februrary 2025.

    In the auction period, Nykredit Realkredit A/S will publish the amounts offered in the individual ISINs daily at nykredit.com/ir.

    Terms for the auctions including a list of the bonds offered, amounts offered and an auction schedule appear from Appendices 1 and 2.

    Questions regarding the bond sale as well as technical matters may be addressed to Nykredit Realkredit A/S, Group Treasury, Christian Mauritzen, tel +45 44 55 10 14.

    Other questions may be addressed to Corporate Communications, tel +45 44 55 14 50.

    Appendix 1: Auction terms

    Bonds offered, amounts offered and auction schedule
    Appendix 2 contains auction schedules, lists of bonds offered, expected amounts and settlement dates.

    Every morning at 09:00 CET in the auction period, the amounts offered on that particular day in the individual ISINs will be published at nykredit.com/ir under “Debt”, where you can find information on the refinancing auctions.

    Refinancing principles – ARMs
    The Nykredit Group offers fixed-rate non-callable bullet covered bonds for interest rate adjustment of ARMs based on the “refinancing price” principle.

    For interest rate adjustment at the refinancing price, the bonds are sold at one or more bond auctions. The price is fixed as a weighted average of the prices obtained at the auctions.

    If the Nykredit Group finds that the amount of bonds offered at an auction is not sufficient to obtain a market-consistent price, the refinancing price will instead be based on the Consolidated Reference Price of the bond in question quoted on Nasdaq Copenhagen.

    Refinancing principles – floating-rate loans
    Floating-rate loans are refinanced at four stand-alone auctions.

    • ISIN DK000954829-9 is non-callable.
      The mortgage bond is offered and settled at a price of 100.20.
      Based on the offer price, bids must be made in terms of the reference rate spread used for the regular coupon fixing.

    Reference Rate: Cibor/3 months
    Fixing method: Fifth last Business Day (adjusted)
    Expiring ISIN: DK000953644-3

    • ISIN DK000954810-9 is non-callable.
      The mortgage bond is offered and settled at a price of 100.20.
      Based on the offer price, bids must be made in terms of the reference rate spread used for the regular coupon fixing.

    Reference Rate: Cibor/3 months
    Fixing method: Fifth last Business Day (adjusted)
    Expiring ISIN: DK000954136-9

    • ISIN DK000954802-6 is non-callable.
      The mortgage bond is offered and settled at a price of 100.20.
      Based on the offer price, bids must be made in terms of the reference rate spread used for the regular coupon fixing.

    Reference Rate: Cibor/3 months
    Fixing method: Fifth last Business Day (adjusted)
    Expiring ISIN: DK000954152-6

    • ISIN DK000954799-4 is non-callable.
      The mortgage bond is offered and settled at a price of 100.20.
      Based on the offer price, bids must be made in terms of the reference rate spread used for the regular coupon fixing.

    Reference Rate: Euribor/3 months
    Fixing method: Second last Business Day
    Expiring ISIN: DK000953865-4

    Credit ratings
    All auctioned bonds issued through Capital Centre H and G are rated AAA by S&P.

    Bids
    Bids for fixed-rate non-callable bullet covered bonds must be made in terms of amount and price. With respect to bonds maturing within 14 months, bids must be made in prices correct to three decimals. Other bids must be made correct to two decimals.

    For all DKK-denominated bonds bids must be made in multiples of DKK 100,000, and for all EUR-denominated bonds in multiples of EUR 10,000.

    More than one bid may be made in the same ISIN.

    Type of auction
    Mortgage bonds issued through Capital Centre H will be auctioned through Nasdaq Copenhagen’s auction submarket: 136 – CPH Auctions. Participants are stockbrokers and investors with access to the auction submarket at Nasdaq Copenhagen.

    Allotment
    As regards bonds for which bids are made in terms of price, bids above the cut-off price will be settled in full, and bids at the cut-off price may be accepted on a pro rata basis.

    With respect to bonds for which bids are made in terms of reference rate spread, bids below the cut-off spread will be settled in full, and bids at the cut-off spread may be accepted on a pro rata basis.

    All trades concluded will be published through Nasdaq Copenhagen.

    Allotment at the auctions will take place as soon as possible, but not later than 10 minutes after closing.

    Conditional offering of bonds with interest rate trigger
    A condition of the final completion of a sale (allotment) of bonds offered with an interest rate trigger is that the yield-to-maturity of the bonds will not rise by more than 5 percentage points. Reference is made to the Danish Mortgage-Credit Loans and Mortgage-Credit Bonds etc. Act.

    Value date
    All bonds at auction will be subject to long settlement. The value date of all trades executed at the auctions will be 1st April 2025.

    Reverse facility
    As the bonds traded will be subject to long settlement, Nykredit Realkredit A/S offers a reverse facility to auction participants whose bids have been accepted and who require the bonds after only two trading days.

    By means of the reverse facility, Nykredit Realkredit A/S offers to sell the allotted bonds subject to the conventional two settlement days and subsequently repurchase them with 1st April 2025 as the value date.

    The size of the reverse facility will be determined on an individual basis but cannot exceed the amount allotted to each individual bidder. The reverse facility can be made conditional on the investor providing a corresponding amount of bonds maturing on 1st April 2025.

    Reverse facilities will be arranged on an individual basis. Please contact Nykredit Realkredit A/S, Group Treasury, Morten Søby Willendrup, tel +45 44 55 16 92.

    Reservations regarding auctions
    If, contrary to expectations, technical problems should prevent Nykredit Realkredit A/S from conducting an auction through Nasdaq Copenhagen’s auction submarket, a stock exchange announcement will be issued containing the practical details of the auction.

    Tap sales
    Tap sales are made on 5th and 6th February 2025. Bids may be made on these days by contacting Nykredit Realkredit A/S, Group Treasury.

    Other terms
    The Nykredit Group is not obliged to sell the announced offering, and the offering may furthermore be subject to changes following loan disbursements in the auction period. In addition, the entire or parts of the offering may be postponed, but not later than the second-last business day of this quarter.

    On or before the second-last business day of this quarter, it must be ascertained whether the number of purchasers was sufficient for all the covered bonds offered. If a sale of bonds has to be cancelled, the market will be notified immediately by a stock exchange announcement.

    Appendix 2: Settlement times and amounts offered for bonds issued through Capital Centre H and G.

    ISIN Capital centre IT / RF* Coupon Maturity date Bids on Interest rate
    trigger
    LCR level Currency Auction dates Settlement Offering (million)
                      Start End Cut-off Allotment  
    DK0009547051 SDO (H) IT / RF 1 01/04/2026 Price 8,25% 1b DKK 04/02/2025 07/02/2025 11:30 11:40 22,000
    DK0009515363 SDO (H) RF 1 01/01/2028 Price 1b DKK Tapsale**     355
    DK0009524001 SDO (H) RF 1 01/01/2030 Price 1b DKK Tapsale**     195
    DK0009530750 RO (G) RF 1 01/04/2026 Price 2a DKK Tapsale**     190
    DK0009533507 RO (G) RF 1 01/04/2027 Price 1b DKK Tapsale**     275
    DK0009537920 RO (G) RF 1 01/04/2028 Price 2a DKK 07/02/2025 10:30 10:40 1,400
    DK0009542847 RO (G) RF 1 01/04/2029 Price non-level DKK Tapsale**     190
    DK0009546913 RO (G) RF 1 01/04/2030 Price non-level DKK 07/02/2025 13:00 13:10 850
    DK0009548109 SDO (H) RF Adjustable 01/10/2028 Yield 1b DKK 05/02/2025 13:00 13:10 7,900
    DK0009548299 SDO (H) RF Adjustable 01/10/2028 Yield 1b DKK 05/02/2025 10:30 10:40 11,900
    DK0009548026 RO (G) RF Adjustable 01/10/2027 Yield   1b DKK 06/02/2025 10:30 10:40 4,600
    DK0009547994 SDO (H) RF Adjustable 01/04/2028 Yield 1b EUR 06/02/2025 13:00 13:10 500

    *        (IT) Interest rate and refinancing trigger / (RF) Refinancing trigger
    **        Tap sales are conducted on 5th and 6th February 2025.

    Please note that the Nykredit Group is not obliged to sell the announced offering, and the offering may furthermore be subject to changes following loan disbursements in the auction period. In addition, the entire or parts of the offering may be postponed, but not later than the second-last business day of this quarter.

    On or before the second-last business day of this quarter, it must be ascertained whether the number of purchasers was sufficient for all the covered bonds offered. The market must be notified hereof immediately by way of a company announcement.

    Attachment

    The MIL Network

  • MIL-OSI: Form 8.5 (EPT/RI) – De La Rue plc

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.5 (EPT/RI)

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

    1.        KEY INFORMATION

    (a)        Name of exempt principal trader: Investec Bank plc
    (b)        Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    De La Rue plc
    (c)        Name of the party to the offer with which exempt principal trader is connected: Investec is Joint Broker to De La Rue plc
    (d)        Date dealing undertaken: 31st January 2025
    (e)        In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?
            If it is a cash offer or possible cash offer, state “N/A”
    N/A

    2.        DEALINGS BY THE EXEMPT PRINCIPAL TRADER

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

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

    (a)        Purchases and sales

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

    Ordinary shares

    Purchases

    93,163

    113

    112

    Ordinary shares

    Sales

    93,163

    113

    111.5

    (b)        Cash-settled derivative transactions

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

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

    (i)        Writing, selling, purchasing or varying

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

    (ii)        Exercise

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

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

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

    3.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    None

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

    Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to:
    (i)        the voting rights of any relevant securities under any option; or
    (ii)        the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”
    None
    Date of disclosure: 03rdFebruary 2025
    Contact name: Abhishek Gawde
    Telephone number: +91 9923757332

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

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

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

    The MIL Network

  • MIL-OSI: Terms for Nykredit’s and Totalkredit’s auctions – Nykredit Realkredit A/S

    Source: GlobeNewswire (MIL-OSI)

    To Nasdaq Copenhagen 

    Terms for Nykredit’s and Totalkredit’s auctions

    The total bond offering in connection with the interest rate adjustment of adjustable-rate mortgages (ARMs) and the refinancing of floating-rate loans at Nykredit’s and Totalkredit’s refinancing auctions amounts to approx. DKK 53.6bn. The auctions will be conducted in the period from 4th to 7th Februrary 2025.

    In the auction period, Nykredit Realkredit A/S will publish the amounts offered in the individual ISINs daily at nykredit.com/ir.

    Terms for the auctions including a list of the bonds offered, amounts offered and an auction schedule appear from Appendices 1 and 2.

    Questions regarding the bond sale as well as technical matters may be addressed to Nykredit Realkredit A/S, Group Treasury, Christian Mauritzen, tel +45 44 55 10 14.

    Other questions may be addressed to Corporate Communications, tel +45 44 55 14 50.

    Appendix 1: Auction terms

    Bonds offered, amounts offered and auction schedule
    Appendix 2 contains auction schedules, lists of bonds offered, expected amounts and settlement dates.

    Every morning at 09:00 CET in the auction period, the amounts offered on that particular day in the individual ISINs will be published at nykredit.com/ir under “Debt”, where you can find information on the refinancing auctions.

    Refinancing principles – ARMs
    The Nykredit Group offers fixed-rate non-callable bullet covered bonds for interest rate adjustment of ARMs based on the “refinancing price” principle.

    For interest rate adjustment at the refinancing price, the bonds are sold at one or more bond auctions. The price is fixed as a weighted average of the prices obtained at the auctions.

    If the Nykredit Group finds that the amount of bonds offered at an auction is not sufficient to obtain a market-consistent price, the refinancing price will instead be based on the Consolidated Reference Price of the bond in question quoted on Nasdaq Copenhagen.

    Refinancing principles – floating-rate loans
    Floating-rate loans are refinanced at four stand-alone auctions.

    • ISIN DK000954829-9 is non-callable.
      The mortgage bond is offered and settled at a price of 100.20.
      Based on the offer price, bids must be made in terms of the reference rate spread used for the regular coupon fixing.

    Reference Rate: Cibor/3 months
    Fixing method: Fifth last Business Day (adjusted)
    Expiring ISIN: DK000953644-3

    • ISIN DK000954810-9 is non-callable.
      The mortgage bond is offered and settled at a price of 100.20.
      Based on the offer price, bids must be made in terms of the reference rate spread used for the regular coupon fixing.

    Reference Rate: Cibor/3 months
    Fixing method: Fifth last Business Day (adjusted)
    Expiring ISIN: DK000954136-9

    • ISIN DK000954802-6 is non-callable.
      The mortgage bond is offered and settled at a price of 100.20.
      Based on the offer price, bids must be made in terms of the reference rate spread used for the regular coupon fixing.

    Reference Rate: Cibor/3 months
    Fixing method: Fifth last Business Day (adjusted)
    Expiring ISIN: DK000954152-6

    • ISIN DK000954799-4 is non-callable.
      The mortgage bond is offered and settled at a price of 100.20.
      Based on the offer price, bids must be made in terms of the reference rate spread used for the regular coupon fixing.

    Reference Rate: Euribor/3 months
    Fixing method: Second last Business Day
    Expiring ISIN: DK000953865-4

    Credit ratings
    All auctioned bonds issued through Capital Centre H and G are rated AAA by S&P.

    Bids
    Bids for fixed-rate non-callable bullet covered bonds must be made in terms of amount and price. With respect to bonds maturing within 14 months, bids must be made in prices correct to three decimals. Other bids must be made correct to two decimals.

    For all DKK-denominated bonds bids must be made in multiples of DKK 100,000, and for all EUR-denominated bonds in multiples of EUR 10,000.

    More than one bid may be made in the same ISIN.

    Type of auction
    Mortgage bonds issued through Capital Centre H will be auctioned through Nasdaq Copenhagen’s auction submarket: 136 – CPH Auctions. Participants are stockbrokers and investors with access to the auction submarket at Nasdaq Copenhagen.

    Allotment
    As regards bonds for which bids are made in terms of price, bids above the cut-off price will be settled in full, and bids at the cut-off price may be accepted on a pro rata basis.

    With respect to bonds for which bids are made in terms of reference rate spread, bids below the cut-off spread will be settled in full, and bids at the cut-off spread may be accepted on a pro rata basis.

    All trades concluded will be published through Nasdaq Copenhagen.

    Allotment at the auctions will take place as soon as possible, but not later than 10 minutes after closing.

    Conditional offering of bonds with interest rate trigger
    A condition of the final completion of a sale (allotment) of bonds offered with an interest rate trigger is that the yield-to-maturity of the bonds will not rise by more than 5 percentage points. Reference is made to the Danish Mortgage-Credit Loans and Mortgage-Credit Bonds etc. Act.

    Value date
    All bonds at auction will be subject to long settlement. The value date of all trades executed at the auctions will be 1st April 2025.

    Reverse facility
    As the bonds traded will be subject to long settlement, Nykredit Realkredit A/S offers a reverse facility to auction participants whose bids have been accepted and who require the bonds after only two trading days.

    By means of the reverse facility, Nykredit Realkredit A/S offers to sell the allotted bonds subject to the conventional two settlement days and subsequently repurchase them with 1st April 2025 as the value date.

    The size of the reverse facility will be determined on an individual basis but cannot exceed the amount allotted to each individual bidder. The reverse facility can be made conditional on the investor providing a corresponding amount of bonds maturing on 1st April 2025.

    Reverse facilities will be arranged on an individual basis. Please contact Nykredit Realkredit A/S, Group Treasury, Morten Søby Willendrup, tel +45 44 55 16 92.

    Reservations regarding auctions
    If, contrary to expectations, technical problems should prevent Nykredit Realkredit A/S from conducting an auction through Nasdaq Copenhagen’s auction submarket, a stock exchange announcement will be issued containing the practical details of the auction.

    Tap sales
    Tap sales are made on 5th and 6th February 2025. Bids may be made on these days by contacting Nykredit Realkredit A/S, Group Treasury.

    Other terms
    The Nykredit Group is not obliged to sell the announced offering, and the offering may furthermore be subject to changes following loan disbursements in the auction period. In addition, the entire or parts of the offering may be postponed, but not later than the second-last business day of this quarter.

    On or before the second-last business day of this quarter, it must be ascertained whether the number of purchasers was sufficient for all the covered bonds offered. If a sale of bonds has to be cancelled, the market will be notified immediately by a stock exchange announcement.

    Appendix 2: Settlement times and amounts offered for bonds issued through Capital Centre H and G.

    ISIN Capital centre IT / RF* Coupon Maturity date Bids on Interest rate
    trigger
    LCR level Currency Auction dates Settlement Offering (million)
                      Start End Cut-off Allotment  
    DK0009547051 SDO (H) IT / RF 1 01/04/2026 Price 8,25% 1b DKK 04/02/2025 07/02/2025 11:30 11:40 22,000
    DK0009515363 SDO (H) RF 1 01/01/2028 Price 1b DKK Tapsale**     355
    DK0009524001 SDO (H) RF 1 01/01/2030 Price 1b DKK Tapsale**     195
    DK0009530750 RO (G) RF 1 01/04/2026 Price 2a DKK Tapsale**     190
    DK0009533507 RO (G) RF 1 01/04/2027 Price 1b DKK Tapsale**     275
    DK0009537920 RO (G) RF 1 01/04/2028 Price 2a DKK 07/02/2025 10:30 10:40 1,400
    DK0009542847 RO (G) RF 1 01/04/2029 Price non-level DKK Tapsale**     190
    DK0009546913 RO (G) RF 1 01/04/2030 Price non-level DKK 07/02/2025 13:00 13:10 850
    DK0009548109 SDO (H) RF Adjustable 01/10/2028 Yield 1b DKK 05/02/2025 13:00 13:10 7,900
    DK0009548299 SDO (H) RF Adjustable 01/10/2028 Yield 1b DKK 05/02/2025 10:30 10:40 11,900
    DK0009548026 RO (G) RF Adjustable 01/10/2027 Yield   1b DKK 06/02/2025 10:30 10:40 4,600
    DK0009547994 SDO (H) RF Adjustable 01/04/2028 Yield 1b EUR 06/02/2025 13:00 13:10 500

    *        (IT) Interest rate and refinancing trigger / (RF) Refinancing trigger
    **        Tap sales are conducted on 5th and 6th February 2025.

    Please note that the Nykredit Group is not obliged to sell the announced offering, and the offering may furthermore be subject to changes following loan disbursements in the auction period. In addition, the entire or parts of the offering may be postponed, but not later than the second-last business day of this quarter.

    On or before the second-last business day of this quarter, it must be ascertained whether the number of purchasers was sufficient for all the covered bonds offered. The market must be notified hereof immediately by way of a company announcement.

    Attachment

    The MIL Network

  • MIL-OSI: GT Protocol wraps up a busy 2024 with numerous milestones including launching AI agents Builder

    Source: GlobeNewswire (MIL-OSI)

    Peter Ionov, CEO and Co-Founder of GT Protocol

    From a successful TGE to the launch of its Global AI Executive Technology, GT Protocol’s AI agents will make AI accessible to industries worldwide and are being integrated with major brands such as Nike, Amazon, and Shein

    DUBAI, United Arab Emirates, Feb. 03, 2025 (GLOBE NEWSWIRE) — GT Protocol, a blockchain AI execution protocol building advanced AI agents, enters 2025 on a high following a momentous 2024 defined by more than 100 strategic partnerships, key hires including the creation of an AI Solutions team, and recognition from major industry platforms as a top AI token. Enhancing all GT Protocol’s milestones and achievements is the launching of its Global AI Executive Technology, a powerful suite of tools, including the AI Agents Builder and AI Agents Marketplace with personalized AI agents designed to enhance the user experience. After initially starting out as an AI-powered Web3 investment and portfolio management platform, GT Protocol introduced its Global AI Executive Technology to expand its ecosystem into non-crypto services.

    As more companies deploy advanced generative AI tools, AI agents have emerged as software systems designed to go beyond today’s expansive AI models by reasoning, planning, and executing actions completely independent of humans. A recent Google white paper on the future of AI agents concluded that for enterprises, these agents aren’t just smarter AI models or a theoretical concept. The report states they are a practical tool that can reshape how businesses function.

    As GT Protocol advances its Global AI Executive Technology by creating AI agents designed to automate complex tasks and adapt to individual preferences, it enables businesses to embed its decentralized AI technology into their platforms through the GT API SDK. GT’s AI agents aren’t just tools but rather personal systems that smoothly integrate into both crypto and non-crypto services, changing how people engage with the digital world.

    To redefine efficiency and make AI accessible to all industries, these are GT Protocol’s AI agents:

    • Personalized AI Agent Auto caller: Used for streamlining bookings, meetings, and daily tasks for individuals and businesses. The personalized AI agents can also book restaurant reservations via the auto caller feature which integrates Google Maps, a speech API, and Voice over Internet Protocol (VoIP) to provide a more intuitive experience.
    • Global AI Translator: Real-time translations of voice messages across more than 100 languages. This AI agent features grammar checks and is compatible with Telegram and WhatsApp group chats.
    • Sexuality Meme Analyzer: This fun and lighthearted AI agent enables users to take a selfie and then have their sexuality rated.
    • Trading AI Agent: Automates crypto trading while delivering unique insights and optimized portfolio management. This AI agent also conducts marketing activities and can monitor competitors.

    Despite generative AI’s revolutionary impact, common chatbots often fail to meet users’ needs due to their generic nature. GT Protocol’s AI Agents Marketplace counters this by allowing users to create or select AI agents that are customized to fit their specific desires—whether to help with personal tasks, business operations, or creative endeavors. All AI agents, whether custom-built or from GT Protocol’s existing lineup, are rigorously tested to guarantee peak performance and reliability, enhancing productivity and creativity. Furthermore, if a custom-built agent becomes popular, it can receive crowdfunding with the potential of being listed on Raydium—providing a unique opportunity for scaling and community engagement.

    Powered by its Global AI Executive Technology, GT Protocol enables users to design their own AI agents to be featured in its AI Marketplace. Its AI Agent Builder is currently in a closed testing phase but recently opened up an early access program for early adopters to sign up and engage with the systems, including the AI Agents Marketplaces. GT Protocol is currently building additional AI agents.

    In 2024 GT Protocol’s Global AI Executive Technology highlighted the end of the year but the project made noise throughout the year, starting with a successful launch of its native $GTAI token in January. The $GTAI utility token garnered much recognition throughout the year, as it was listed as “Top Gainer” on BNB Chain seven times, achieved the top ranking for AI tokens on CoinGecko twice, and was trending on CoinMarketCap.

    GT Protocol was also recognized by Forbes as a leading AI-driven crypto project and was one of the top 10 most-voted projects on Skynet and Certik. GT Protocol was very active during 2024 participating in six major global conferences, including Token2049 and EthCC2024, while its CEO and Co-Founder Peter Ionov served as a judge for seasons six and seven of HackaTRON.

    During 2024, GT Protocol was featured in 67 publications including Cointelegraph, Finance Magnates, Investing.com, Crypto.news, and other leading publications where its advancements in AI and blockchain were highlighted. As part of its mission to consistently engage with its community, GT Protocol team members participated in an unprecedented 33 X (formerly Twitter) Spaces to discuss everything from AI, blockchain, and Web3 with other industry experts.

    “We couldn’t have wished for a better 2024 and look forward to continuing on our path in 2025,” says Peter Ionov, CEO and Co-Founder of GT Protocol. “Our achievements over the past year couldn’t have been done without the unwavering support we’ve received from our dedicated community, who will always be the backbone of our expanding ecosystem. We will continue building tools and products that provide simplicity, intelligence, and user empowerment as we look to redefine what is possible in AI and blockchain.”

    “It has been a real pleasure to collaborate with GT Protocol and its amazing team over the last year plus,” says Ilan Rakhmanov, CEO and Founder of ChainGPT. “GT Protocol was one of the most promising and groundbreaking projects to come through our ChainGPT Pad and its achievements in 2024 support this. As they transition to focusing on AI agents, I have no doubt this journey will be nothing short of a great success.”

    “I greatly appreciated working with GT Protocol over the last year as they integrated our decentralized settlement layer to enhance their wonderful Web3 investment platform by facilitating cross-chain transactions using $GTAI,” says Eitan Katz, CEO and Co-Founder of Kima. “They truly are a great team with a lot of talented individuals who work together effectively, so it’s no surprise they are one of the most promising projects bridging AI and digital assets.”

    About GT Protocol:
    GT Protocol is revolutionizing the landscape with its AI Layer for Web3, targeting the onboarding of 100 million users through cutting-edge technology. The company develops AI infrastructure specifically designed for Web3 investments, trading, and portfolio management. With a robust community presence, GT Protocol is set to transform how users interact with the crypto market. For more information, visit: https://www.gt-protocol.io/

    Contact:
    Ari Karp
    ari@reblonde.com

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dedcd6b2-66f4-4cc2-a6fd-92b19780e406

    The MIL Network

  • MIL-OSI Africa: Former Africa Finance Corporation (AFC) Executive Board Member Sanjeev ‘SG’ Gupta, Joins APO Group as Senior Advisor to the Founder and Chairman

    Source: Africa Press Organisation – English (2) – Report:

    JOHANNESBURG, South Africa, February 3, 2025/APO Group/ —

    APO Group (www.APO-opa.com), the award-winning pan-African communications consultancy and press release distribution service, is pleased to announce the appointment of Sanjeev SG Gupta as Senior Advisor to its Founder and Chairman, Nicolas Pompigne-Mognard (www.Pompigne-Mognard.com). In this role, Mr Gupta will assist APO Group in guiding African governments and corporations to harness the power of public relations and strategic communication to attract vital investments, amplify their competitive advantages, and unlock their growth potential. His experience will be invaluable in developing compelling and globally resonant narratives that not only highlight the unique opportunities but also inspire investor confidence and foster an environment primed for sustainable growth.

    This strategic relationship highlights APO Group’s commitment to furthering its impact on the African continent by empowering African governments and the private sector to create coherent branding and communication strategies that is recognised internationally as a balanced and constructive argument on African realities and opportunities.

    Gupta brings over three decades of distinguished experience in finance and investment, particularly within African markets. As the former Executive Director of Financial Services at the Africa Finance Corporation (AFC), a leading pan-African multilateral development finance institution, Gupta played a pivotal role in shaping Africa’s infrastructure and economic development landscape. During his tenure, AFC raised well over USD 10 billion from diverse funding sources and maintained an A3 investment-grade credit rating during what has been another decade of extreme turbulence and an enhanced risk environment for the continent. The Treasury team under his guidance was named “Best Supranational Treasury & Funding Team of the Year”. 

    Mr Gupta has been a vocal advocate for integrating climate considerations into investment decisions, promoting sustainable development, and through his academic interests has nurtured young professionals globally to understand and appreciate the African relevance to global challenges better. 

    A powerful orator and a passionate campaigner for a fair role for Africa on the global stage, he has been particularly successful in structuring significant investment flows into Africa along with African domestic capital to provide equitable returns to both private and public investors on transformational projects on the continent. 

    Gupta has consistently highlighted that unlocking Africa’s demographic dividend is a vital priority, alongside the need for the continent to firmly establish itself as a leading source of solutions to critical global challenges.  

    Nicolas Pompigne-Mognard, Founder and Chairman of APO Group, said: “Sanjeev’s extensive experience and visionary leadership in African finance are truly unique as we seek to work together to amplify the continent’s stories on the global stage. His expertise and extensive network will be instrumental in advancing APO Group’s mission to promote positive and impactful narratives about Africa.” 

    Speaking on his new role, Gupta stated: “I am delighted to join APO Group and collaborate with Nicolas and his exceptional team. APO Group’s dedication to showcasing Africa’s potential resonates deeply with my own commitment to fostering sustainable development and investment across the continent. I look forward to contributing to APO Group’s efforts to ensure Africa is heard and accurately understood by all relevant stakeholders, so that both the African voice and the critical role it must play in building a better world are fully embraced and acted upon”. 

    MIL OSI Africa

  • MIL-OSI United Kingdom: Thousands of children to be supported thanks to multi-million expansion of innovation in family courts

    Source: United Kingdom – Executive Government & Departments

    Families, children and victims of domestic abuse will be spared the trauma of going to court thanks to a multi-million-pound expansion of an innovative pilot across Wales and West Yorkshire.

    • Funding boost to benefit up to 8,000 families in Wales and West Yorkshire
    • New data shows “Pathfinder” courts resolve cases quicker – tackling backlogs and shielding children from further trauma
    • Flagship family mediation voucher scheme extended for a year

    The £12.5 million funding boost comes as new figures published today (3 February) show the Pathfinder scheme is resolving cases faster, with family court backlogs reduced by half in pilot areas.

    The Pathfinder pilot works by bringing together local authorities, police and support services to gather and share information on cases as early as possible.

    This saves children and families from having to go through unnecessary and potentially hostile hearings. As part of delivering on its Plan for Change and mission to halve violence against women and girls, the scheme also provides extra support to victims of domestic abuse.

    New figures published today show the approach is working, with cases being resolved 11 weeks quicker, and the backlog of cases reducing by 50 per cent across both Dorset and North Wales.

    Lord Ponsonby, the Minister for Family Justice, said:

    For too long families have been pitted against each other in the court room, or abusers have hijacked proceedings to continue campaigns of cruelty. Children and vulnerable people bear the brunt of this, and it must stop.

    Pathfinder has been welcomed as a less adversarial approach, and early evidence shows it’s working. This is another important step to achieving our promise of halving violence against women and girls.

    A primary focus of the courts is improving information sharing between agencies to allow for more informed decision making, fewer bureaucratic hearings, less time in court and quicker resolution to cases. The courts can also offer specialist support to victims of domestic abuse through Independent Domestic Violence Advisors (IDVAs).

    To further help separating families resolve conflict, the Government’s family mediation vouchers scheme will also be extended to March 2026.

    The programme, which provides £500 to help couples settle issues before they get to court, has provided helped over 37,700 families to date, with early analysis showing 70 per cent of recipients reach a whole or partial agreement thanks to mediation. 

    Since the voucher scheme was introduced in April 2021, the number of applications being made to court has dropped – avoiding thousands of these cases a year, which could save taxpayers millions of pounds.

    There were 50,807 private law applications in 2023, compared to 55,711 in 2020.

    It also saves families, especially children, from a potentially length and damaging court process.

    Domestic Abuse Commissioner Nicole Jacobs said:

    Improving the Family Court is a key priority for my office. It is clear to me that Pathfinder Courts recognize the impact of domestic abuse and consider children’s needs much earlier than in the traditional Family Court.

    I believe this approach is essential to ensuring the protection of victims in the family justice system. I welcome Government’s commitment to this pilot and look forward to seeing its influence on all Family Courts.

    The family mediation voucher scheme was introduced in 2021 as a pilot to help relieve backlogs in the family court caused by the pandemic.

    Further information

    • The Pathfinder pilot launched in Dorset and North Wales in February 2022, it expanded to South East Wales in April 2024, and Birmingham in May 2024.
    • The expansion is set to launch in Mid and West Wales on 3 March, and in West Yorkshire on 3 June.
    • In 2020 The Harm Panel, comprised of experts on the family justice system, was convened to draw together evidence and published a report on private law children cases. It recommended reform to the Child Arrangements Programme (CAP), which is the process that the family court follows when settling disputes between separating parties involving children.
    • The Pathfinder pilot was designed in response to this recommendation to achieve the reform of private law by trialling a more investigative approach which better supports victims of domestic abuse and other harms.
    • The 2023 update on the pilots can be found here: Assessing Risk of Harm to Children and Parents in Private Law Children Cases – https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1158907/annex-integrated-domestic-abuse-courts.pdf
    • For more information on the impact parental conflict can have on young people and their life chances: What works to enhance interparental relationships and improve outcomes for children? – Early Intervention Foundation (eif.org.uk)
    • Family mediation is a process in which an independent, professionally trained mediator helps parties work out arrangements for children and finances where there is a dispute. For more information on mediation and how it works visit: Home – Family Mediation Council

    Data published today shows:

    Updates to this page

    Published 3 February 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Better protection for victims from domestic abusers

    Source: United Kingdom – Executive Government & Departments

    Victims of domestic abuse will be better protected as part of a new law ensuring even more abusers face tougher management from police and probation.

    • Closer management of offenders convicted of controlling or coercive behaviour

    • Agencies such as Police and Probation will have a legal duty to work

    • Part of the Government’s Plan for Change and mission to halve violence against women and girls

    Offenders convicted of controlling or coercive behaviour, and sentenced to 12 months or longer, will now be automatically managed under multi-agency public protection arrangements. This means agencies are legally required to cooperate to better manage the risks posed by these serious offenders, recognising the significant harm this kind of offending can cause.  

    For the first time, it puts controlling or coercive behaviour on a par with other domestic abuse offences including threats to kill, attempted strangulation and stalking.

    Evidence shows offenders who are managed under multi-agency public protection arrangements have a reoffending rate less than half of the national average

    The law change means even more domestic abusers will fall under this management, in which agencies are legally required to share any information which indicates increased risk to others, such as former partners or members of the public.

    This is part of the Government’s Plan for Change to take back our streets by protecting women and girls from harassment, aggression and violence and manifesto commitment to target the most prolific and harmful perpetrators using methods previously reserved for terrorist and other violent offenders.

     Minister for Prisons and Probation, Lord James Timpson said:

    Domestic abuse creates fear and isolation, and I will do everything in my power to tackle it and ensure women and girls feel safe in their homes.

    This new approach will put controlling or coercive behaviour on a par with physical violence and will help prevent these despicable crimes.

    Minister for Safeguarding and Violence Against Women and Girls, Jess Philips said:

    Domestic abuse devastates lives and affects more than two million people every year.

    For the first time, under this change to the law, coercive or controlling behaviour is being placed where it belongs – on a par with serious violent offending. This is an important step to recognise the harm caused by all forms of domestic abuse, ensure the most harmful offenders are managed in the right way, and ultimately keep victims safe.

    This Government will crack on with our work to deliver a system that protects victims, supports their journey to justice and holds perpetrators to account – part of our mission under the Plan for Change to halve violence against women and girls in a decade.

    The law change will apply to all offenders who are sentenced to at least 12 months’ imprisonment, including suspended sentences, or given a hospital order for an offence of controlling or coercive behaviour in an intimate or family relationship.

    It was introduced by the Victims and Prisoners Act 2024 and was signed into law after Justice Minister Lord Timpson signed a statutory instrument early this year.

    Previously, those convicted of controlling or coercive behaviour could be actively managed under multi-agency arrangements on a discretionary basis only.

    This measure will put beyond doubt the legal requirement for agencies to work together to assess and manage the risks posed by this group of offenders.

    Chief Executive of Women’s Aid, Farah Nazeer, said:

    Coercive control is a key tool used by perpetrators of domestic abuse, as it isolates survivors and makes them dependent on an abuser.

    Women’s Aid welcomes plans to treat coercive and controlling behaviours seriously, automatically managing those convicted of this form of abuse under the Multi-Agency Public Protection Arrangement (MAPPA).

    It is essential that specialist domestic abuse services, with expertise on abusive behaviours and the impacts on victims and survivors, are routinely included in the MAPPA process if survivors are to be properly protected by this measure.

    This announcement builds on measures already set out by the Government as part of our mission to halve violence against women and girls. This includes launching new Domestic Abuse Protection Orders in select areas to ensure victims of all types of domestic abuse including coercive control, stalking, and violence can seek protection and more abusers face harsher restrictions. 

    Further information:

    • Multi-agency public protection arrangements, known as MAPPA, are the set of arrangements through which the Police, Probation and Prison Services work together with other agencies to manage the risks posed by violent, sexual and terrorist offenders living in the community to protect the public.
    • Research conducted by Anglia Ruskin University indicates that reoffending rates for individuals managed under MAPPA are less than half of the national average. The one-year reoffending rate for MAPPA is 12.2%, while the national overall one-year reoffending rates range between 30.0% and 31.3% during a similar timeframe.

    Updates to this page

    Published 3 February 2025

    MIL OSI United Kingdom