NORWEGEN

EQS-News: Fiven ASA  - Fourth Quarter Results 2023

Retrieved on: 
Mittwoch, März 13, 2024

The total revenues in Q4 2023 reached EUR 35.7m, a sequential improvement from Q3-2023 of 3.3% and a reduction of -22.8% versus Q4 2022.

Key Points: 
  • The total revenues in Q4 2023 reached EUR 35.7m, a sequential improvement from Q3-2023 of 3.3% and a reduction of -22.8% versus Q4 2022.
  • The adjusted EBITDA was EUR 9.6m, in line with the reported Q3 2023 result of EUR 9.7m and compared to EUR 20.3m in Q4 2022.
  • The cash impact from the sales of power was EUR 7.7m higher in Q4 2022 in comparison to Q4 2023.
  • This information is information that Fiven ASA is obliged to make public pursuant to the EU Market Abuse Regulation.

EQS-News: Fiven ASA – Bond prospectus and listing of bonds

Retrieved on: 
Montag, Februar 5, 2024

Fiven ASA ("Fiven") has issued a senior secured sustainability-linked floating rate bond loan of EUR 110,000,000, within a total framework amount of EUR 170,000,000, on the Nordic bond market.

Key Points: 
  • Fiven ASA ("Fiven") has issued a senior secured sustainability-linked floating rate bond loan of EUR 110,000,000, within a total framework amount of EUR 170,000,000, on the Nordic bond market.
  • The bonds carry a floating interest rate of EURIBOR 3m + 6.70 per cent.
  • Fiven has applied for listing of the bonds on the Corporate Bond list at Nasdaq Stockholm.
  • This information is information that Fiven ASA is obliged to make public pursuant to the EU Market Abuse Regulation.

EQS-News: Fiven ASA has obtained a waiver under its existing bonds for an extraordinary distribution

Retrieved on: 
Donnerstag, Dezember 21, 2023

Fiven ASA ("Fiven") issued on 21 June 2021 senior secured sustainability-linked bonds with ISIN: SE0016075196 (the "Existing Bonds") under the terms and conditions originally dated 15 June 2021 (as amended and restated 5 December 2022, the "Terms and Conditions").

Key Points: 
  • Fiven ASA ("Fiven") issued on 21 June 2021 senior secured sustainability-linked bonds with ISIN: SE0016075196 (the "Existing Bonds") under the terms and conditions originally dated 15 June 2021 (as amended and restated 5 December 2022, the "Terms and Conditions").
  • Fiven has requested that Nordic Trustee & Agency AB (publ) (the "Agent") consents to a waiver of the Terms and Conditions to allow for the Extraordinary Distribution to be made on or about 12 December 2023 (the "Waiver Request").
  • The Agent has agreed to Fiven's Waiver Request in accordance with clause 20(a)(i) (Amendments and Waivers) of the Terms and Conditions.
  • The Waiver Request included certain conditions for Fiven to fulfill and all conditions has been satisfied as of today.

EQS-News: Fiven ASA – redemption premium for existing bonds

Retrieved on: 
Donnerstag, Dezember 14, 2023

As announced on 27 November 2023, Fiven ASA ("Fiven") will redeem its outstanding EUR 70,000,000 senior secured sustainability-linked floating rate bonds with ISIN SE0016075196 (the "Bonds") in advanced on 21 December 2023 (the "Redemption Date").

Key Points: 
  • As announced on 27 November 2023, Fiven ASA ("Fiven") will redeem its outstanding EUR 70,000,000 senior secured sustainability-linked floating rate bonds with ISIN SE0016075196 (the "Bonds") in advanced on 21 December 2023 (the "Redemption Date").
  • Fiven has met the sustainability performance target for each relevant KPI on the relevant target observation date (being 21 November 2023) and no sustainability-linked redemption premium shall therefore be paid on the Redemption Date (in accordance with Clause 9.4 (Sustainability-Linked Redemption Premium) of the terms and conditions of the Bonds).
  • The total redemption amount for each Bond shall as a result be 100.685 per cent.
  • This information is information that Fiven ASA is obliged to make public pursuant to the EU Market Abuse Regulation.

EQS-News: Fiven ASA arranges a series of fixed income investor meetings

Retrieved on: 
Donnerstag, Dezember 14, 2023

Fiven ASA (the "Company") has mandated Pareto Securities AB to arrange a series of investor meetings commencing on 21 November 2023.

Key Points: 
  • Fiven ASA (the "Company") has mandated Pareto Securities AB to arrange a series of investor meetings commencing on 21 November 2023.
  • In conjunction with the contemplated Bond Issue, the Company also provides financial updates.
  • This information is information that Fiven ASA is obliged to make public pursuant to the EU Market Abuse Regulation.
  • RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.

EQS-News: Fiven ASA successfully places EUR 110m of senior secured sustainability-linked bonds and announces intention to redeem its outstanding EUR 70m bonds

Retrieved on: 
Donnerstag, Dezember 14, 2023

Fiven ASA ("Fiven") has successfully placed EUR 110,000,000 of senior secured sustainability-linked floating rate bonds under a framework of EUR 170,000,000 with (the "New Bonds").

Key Points: 
  • Fiven ASA ("Fiven") has successfully placed EUR 110,000,000 of senior secured sustainability-linked floating rate bonds under a framework of EUR 170,000,000 with (the "New Bonds").
  • The New Bonds will have a tenor of three years and the proceeds from the transaction will be used to, amongst other things, redeem Fiven's outstanding EUR 70,000,000 senior secured sustainability-linked floating rate bonds with ISIN SE0016075196 (the "Existing Bonds").
  • The Existing Bonds will be redeemed in advance in accordance with Clause 9.3 (Voluntary total redemption (call option)) of the terms and conditions of the Bonds.
  • This information is information that Fiven ASA is obliged to make public pursuant to the EU Market Abuse Regulation.

EQS-News: Fiven ASA - 3rd Quarter Results

Retrieved on: 
Dienstag, November 7, 2023

The total revenues in Q3 2023 reached EUR 34.5m representing a reduction of -23.2% versus Q3 2022.

Key Points: 
  • The total revenues in Q3 2023 reached EUR 34.5m representing a reduction of -23.2% versus Q3 2022.
  • The cash balance ended at EUR 27.5m, up from reported EUR 18.9m at year end 2022 and EUR 1.8m higher than last quarter end.
  • With confidence in its strategic execution, Fiven is well positioned to maintain strong financial results even in the current market uncertainties.
  • Fiven ASA  - Third Quarter Results 2023 as PDF:
    This information is information that Fiven ASA is obliged to make public pursuant to the EU Market Abuse Regulation.

EQS-News: Fiven ASA - Second Quarter Results 2023

Retrieved on: 
Freitag, August 25, 2023

The Q2 2023 total revenues reached EUR 40.7m representing a reduction of -19.9% versus Q2 2022.

Key Points: 
  • The Q2 2023 total revenues reached EUR 40.7m representing a reduction of -19.9% versus Q2 2022.
  • Fiven maintains a steadfast confidence in its capacity to generating robust economical results, even amidst uncertainties in the market.
  • This information is information that Fiven ASA is obliged to make public pursuant to the EU Market Abuse Regulation.
  • The information was submitted for publication, through the agency of the contact person set out above, at 16:00 CET on 25 August 2023.

EQS-News: Fiven ASA publishes Annual Report for 2022

Retrieved on: 
Freitag, März 24, 2023

Fiven has today published its annual report for 2022.

Key Points: 
  • Fiven has today published its annual report for 2022.
  • The report is attached to this press release and is available on Fiven's website .
  • This information is information that Fiven ASA is obliged to make public pursuant to the EU Market Abuse Regulation.
  • RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.

EQS-News: Fiven ASA: Fourth Quarter Results 2022

Retrieved on: 
Montag, Februar 27, 2023

Fiven's strategy, which focuses on developing customized products to accelerate growth in a fast-growing market and remaining the most sustainable player within core applications, has consistently translated into outstanding financial results, demonstrating the effectiveness of this approach.

Key Points: 
  • Fiven's strategy, which focuses on developing customized products to accelerate growth in a fast-growing market and remaining the most sustainable player within core applications, has consistently translated into outstanding financial results, demonstrating the effectiveness of this approach.
  • This information is information that Fiven ASA is obliged to make public pursuant to the EU Market Abuse Regulation.
  • The information was submitted for publication, through the agency of the contact person set out above, at 10:00 CET on 27 February 2023.
  • RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.