London Stock Exchange

Pantheon Expands US Private Wealth Offering With Innovative Private Credit Secondaries Fund

Retrieved on: 
Tuesday, October 10, 2023

Pantheon, a leading global private markets investor, is pleased to announce it has filed for registration an innovative evergreen private credit fund anchored in private credit secondaries.

Key Points: 
  • Pantheon, a leading global private markets investor, is pleased to announce it has filed for registration an innovative evergreen private credit fund anchored in private credit secondaries.
  • The AMG Pantheon Credit Solutions Fund (PSECC) will become the latest addition to the firm’s growing, global evergreen platform – and will be the first of its type to deliver a private credit secondaries-focused investment strategy to the US private wealth market.
  • Rakesh (Rick) Jain, Pantheon Partner and Global Head of Private Credit, commented: “We are excited about extending our position in private credit secondary solutions to this important and growing client channel.
  • Michael Hutten, Pantheon Partner and Head of US Private Wealth, said: “We have heard from the private wealth community that demand for private credit funds is increasingly focused on addressing concerns around inflation, rising rates, credit defaults and the continued need for enhanced income.

Marlink Signs Multi-Year Agreement on EUTELSAT 10B for Maritime Connectivity Over EMEA

Retrieved on: 
Tuesday, October 10, 2023

This new agreement comes in addition to existing partnerships previously signed between Marlink and Eutelsat Group for maritime connectivity across the globe.

Key Points: 
  • This new agreement comes in addition to existing partnerships previously signed between Marlink and Eutelsat Group for maritime connectivity across the globe.
  • This new agreement provides Marlink with targeted, dense and highly flexible bandwidth over the vast sailing areas and offshore locations covered by the multi-mission high-capacity EUTELSAT 10B satellite.
  • Commenting on the agreement, Erik Ceuppens, CEO of Marlink Group, said; “Marlink is delighted to add EUTELSAT 10B capacity and capabilities to our best-in-class global maritime network.
  • EUTELSAT 10B is a powerful new satellite which opens up mobile connectivity solutions for Marlink in even more seas and oceans of the globe.

EUTELSAT 117 West A selected by TV Azteca for its video distribution over Mexico

Retrieved on: 
Friday, October 6, 2023

Further strengthening a decade-long partnership between TV Azteca and Eutelsat Group, this new agreement on EUTELSAT 117 West A satellite assures TV Azteca’s continuity of video distribution services in Mexico.

Key Points: 
  • Further strengthening a decade-long partnership between TV Azteca and Eutelsat Group, this new agreement on EUTELSAT 117 West A satellite assures TV Azteca’s continuity of video distribution services in Mexico.
  • Operating a video multiplex to deliver its HD channels to digital TV towers and cable head-ends across Mexico, TV Azteca is leveraging EUTELSAT 117 West A’s exceptional C-band coverage of the region to distribute its satellite television service.
  • The new resources on EUTELSAT 117 West A will potentially allow TV Azteca to provide a broader range of video services, extending their current reach by accessing new and untapped markets in the region.
  • Eutelsat Group’s 117° West location is the premium TV neighbourhood for Latin America, offering pan-regional distribution of major networks and content providers.

Nordea Bank Abp: Transaction in Own Shares

Retrieved on: 
Tuesday, October 3, 2023

The repurchase of own shares is executed in public trading in accordance with Regulation No.

Key Points: 
  • The repurchase of own shares is executed in public trading in accordance with Regulation No.
  • 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052.
  • After the disclosed transactions, Nordea holds 4,562,298 treasury shares for capital optimisation purposes and 4,787,315 treasury shares for remuneration purposes.
  • On behalf of Nordea Bank Abp,
    This information is provided by RNS, the news service of the London Stock Exchange.

Lithia & Driveway Improves Terms to 35.4p Per Pendragon Share with Significant Future Upside

Retrieved on: 
Monday, October 2, 2023

The combined value of the consideration to Pendragon existing shareholders is initially equivalent to approximately 35.4 pence per share with significant upside expected from the strategic partnership and North American joint venture opportunity.

Key Points: 
  • The combined value of the consideration to Pendragon existing shareholders is initially equivalent to approximately 35.4 pence per share with significant upside expected from the strategic partnership and North American joint venture opportunity.
  • The additional cash consideration is expected to increase the cash dividend payable to Pendragon's existing shareholders 49% to 24.5 pence per share.
  • The improved terms and preliminary commitments from Lithia demonstrate support for the transformation of Pinewood Technologies into a standalone business and unlocking significant future potential.
  • Bryan DeBoer, Lithia & Driveway President & CEO, said:
    "Our transaction provides considerable value and certainty for Pendragon shareholders while unlocking Pinewood's ability and massive potential as a standalone, pure-play SaaS business.

Nordea Bank Abp: Transaction in Own Shares

Retrieved on: 
Monday, October 2, 2023

The repurchase of own shares is executed in public trading in accordance with Regulation No.

Key Points: 
  • The repurchase of own shares is executed in public trading in accordance with Regulation No.
  • 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052.
  • After the disclosed transactions, Nordea holds 4,371,347 treasury shares for capital optimisation purposes and 4,787,315 treasury shares for remuneration purposes.
  • On behalf of Nordea Bank Abp,
    This information is provided by RNS, the news service of the London Stock Exchange.

Genel Energy PLC: Announcement of bond buy-back offer

Retrieved on: 
Monday, October 2, 2023

For further information, please refer to www.genelenergy.com

Key Points: 
  • For further information, please refer to www.genelenergy.com
    The distribution of the Buy-Back Offer to Bondholders in certain jurisdictions may be restricted by law.
  • Persons into whose possession the Buy-Back Offer to Bondholders comes are required by the Company and the Manager for the Buy-Back Offer to inform themselves about, and to observe, any such restrictions.
  • The Buy-Back Offer is made solely pursuant to the Buy-Back Offer to Bondholders dated 2 October 2023.
  • This announcement and the Buy-Back Offer to Bondholders contain important information which should be read carefully before any decision is made with respect to the Buy-Back Offer.

Nordea Bank Abp: Composition of Nordea's Shareholders' Nomination Board

Retrieved on: 
Friday, September 29, 2023

Nordea Bank Abp's Shareholders' Nomination Board has been appointed.

Key Points: 
  • Nordea Bank Abp's Shareholders' Nomination Board has been appointed.
  • The Nomination Board consists of the Chair of the Board of Directors and the four largest shareholders who on 31 August represent the largest number of voting rights in the company and wish to participate in the work of the Nomination Board.
  • The members of the Nomination Board are:
    Lars Ingemann Nielsen, Executive Vice President and CFO, Nordea-fonden
    At its first meeting, the Nomination Board elected Niko Pakalén as Chair of the Nomination Board.
  • The mandate of the Nomination Board is to continue until a new Nomination Board is appointed.

Nordea Bank Abp: New committee chair and new employee representative appointed to Nordea's Board of Directors

Retrieved on: 
Friday, September 29, 2023

Kjersti Wiklund, current member of the committee, has been appointed Chair of the committee.

Key Points: 
  • Kjersti Wiklund, current member of the committee, has been appointed Chair of the committee.
  • The employees of the Nordea Group have appointed Kasper Skovgaard Pedersen as an ordinary member of the Board of Directors until the end of the next Annual General Meeting.
  • Dorrit Groth Brandt, an ordinary member of the Board of Directors appointed by the employees of the Nordea Group, has resigned from the Board.
  • The new employee representative on the Board of Directors, Kasper Skovgaard Pedersen, has worked at Nordea for nearly 14 years, most recently as a credit analyst.

Nordea Bank Abp: Transaction in Own Shares

Retrieved on: 
Friday, September 29, 2023

The repurchase of own shares is executed in public trading in accordance with Regulation No.

Key Points: 
  • The repurchase of own shares is executed in public trading in accordance with Regulation No.
  • 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052.
  • After the disclosed transactions, Nordea holds 4,179,990 treasury shares for capital optimisation purposes and 4,787,315 treasury shares for remuneration purposes.
  • On behalf of Nordea Bank Abp,
    This information is provided by RNS, the news service of the London Stock Exchange.