Euronext Amsterdam

VEON and Kyivstar Welcome Former U.S. Secretary of State and Kyivstar Board member Mike Pompeo to Ukraine

Retrieved on: 
Monday, February 5, 2024

Mike Pompeo joined the Board of Kyivstar, VEON’s wholly owned Ukrainian subsidiary, at the end of 2023.

Key Points: 
  • Mike Pompeo joined the Board of Kyivstar, VEON’s wholly owned Ukrainian subsidiary, at the end of 2023.
  • Last week, he visited Kyiv in person to attend the first Kyivstar Board meeting of the year, along with a larger VEON delegation.
  • "The work of Kyivstar in supporting communication makes Ukraine stronger, and allows Ukraine to continue the fight.
  • "VEON is deeply committed to Ukraine and we demonstrate this commitment every day with the work of Kyivstar.

Shell announces commencement of a share buyback programme

Retrieved on: 
Thursday, February 1, 2024

Shell plc (the ‘Company’) today announces the commencement of a $3.5 billion share buyback programme covering an aggregate contract term of approximately three months (the ‘programme’).

Key Points: 
  • Shell plc (the ‘Company’) today announces the commencement of a $3.5 billion share buyback programme covering an aggregate contract term of approximately three months (the ‘programme’).
  • The purpose of the programme is to reduce the issued share capital of the Company.
  • In this announcement “Shell”, “Shell Group” and “Group” are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general.
  • ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this announcement refer to entities over which Shell plc either directly or indirectly has control.

Cabka 2023 preliminary update

Retrieved on: 
Thursday, February 1, 2024

Cabka N.V. (together with its subsidiaries “Cabka”, or the “Company”), a company specialized in transforming hard to recycle plastic waste into innovative Reusable Transport Packaging (RTP), listed at Euronext Amsterdam, announced its 2023 preliminary update today.

Key Points: 
  • Cabka N.V. (together with its subsidiaries “Cabka”, or the “Company”), a company specialized in transforming hard to recycle plastic waste into innovative Reusable Transport Packaging (RTP), listed at Euronext Amsterdam, announced its 2023 preliminary update today.
  • The last quarter of 2023 showed a significant 35% Quarter-on-Quarter recovery in sales to €53 million (Q3 2023: €40 million).
  • Total 2023 sales ended €3 million below outlook, fully attributable to an agreed delayed new customer project launch.
  • Cabka will publish its full preliminary results 2023 on March 20, 2024.

VEON and Summit Complete USD 100m Deal for Bangladesh Towers Portfolio

Retrieved on: 
Wednesday, January 31, 2024

With this transaction, Summit Towers Limited, a subsidiary of Summit Communications Group, the largest Telecommunications Infrastructure Company in Bangladesh, took ownership of 2,012 Banglalink towers.

Key Points: 
  • With this transaction, Summit Towers Limited, a subsidiary of Summit Communications Group, the largest Telecommunications Infrastructure Company in Bangladesh, took ownership of 2,012 Banglalink towers.
  • “This sale marks an important milestone for us, as we continue to successfully execute our strategy to transform VEON into an asset-light digital operator.
  • Acquiring the ownership of the towers in this deal adds to our portfolio of 4,500 towers in the Bangladesh market.
  • In line with VEON Group’s asset-light strategy, VEON and Banglalink will continue to evaluate and pursue collaborative opportunities related to Banglalink's remaining tower portfolio.

Renewi plc: Trading Update

Retrieved on: 
Tuesday, January 30, 2024

Renewi plc (“Renewi”, the “Company” or, together with its subsidiaries, the “Group”) (LSE: RWI.L: Euronext Amsterdam: RWI.AS), the leading European waste-to-product business, announces its results for the third quarter ended 31 December 2023 (“Q3”).

Key Points: 
  • Renewi plc (“Renewi”, the “Company” or, together with its subsidiaries, the “Group”) (LSE: RWI.L: Euronext Amsterdam: RWI.AS), the leading European waste-to-product business, announces its results for the third quarter ended 31 December 2023 (“Q3”).
  • Overall, Q3 trading performance reflected a continuation of the challenging economic backdrop in several key markets which was offset, in part, by further good progress in the Group’s margin initiatives.
  • Ongoing organisational rationalisation within the Simplify programme is partially mitigating the margin impact of lower volumes for FY24.
  • Renewi had a number of operational highlights throughout the quarter, including new customer wins.

OTC Markets Group Announces the 2024 OTCQX Best 50

Retrieved on: 
Thursday, January 18, 2024

NEW YORK, Jan. 18, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), today announced the 2024 OTCQX® Best 50, a ranking of the top-performing OTCQX companies in the prior calendar year.

Key Points: 
  • NEW YORK, Jan. 18, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), today announced the 2024 OTCQX® Best 50, a ranking of the top-performing OTCQX companies in the prior calendar year.
  • The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX Best Market, based on an equal weighting of one-year total return and average daily dollar volume growth.
  • Companies in the 2024 OTCQX Best 50 were ranked based on their performance during the 2023 calendar year.
  • “We congratulate this year’s OTCQX Best 50 companies on their ability to achieve a high level of performance during another challenging year for market conditions,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group.

OTC Markets Group Announces the 2024 OTCQX Best 50

Retrieved on: 
Thursday, January 18, 2024

NEW YORK, Jan. 18, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), today announced the 2024 OTCQX® Best 50, a ranking of the top-performing OTCQX companies in the prior calendar year.

Key Points: 
  • NEW YORK, Jan. 18, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), today announced the 2024 OTCQX® Best 50, a ranking of the top-performing OTCQX companies in the prior calendar year.
  • The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX Best Market, based on an equal weighting of one-year total return and average daily dollar volume growth.
  • Companies in the 2024 OTCQX Best 50 were ranked based on their performance during the 2023 calendar year.
  • “We congratulate this year’s OTCQX Best 50 companies on their ability to achieve a high level of performance during another challenging year for market conditions,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group.

Kyivstar Completes Preliminary Assessment of the Financial Impact of the Cyberattack

Retrieved on: 
Thursday, January 18, 2024

Working relentlessly, and in collaboration with the Ukrainian law enforcement agencies, the Security Service of Ukraine and government agencies,  Kyivstar restored services in multiple stages starting with voice and data connectivity.

Key Points: 
  • Working relentlessly, and in collaboration with the Ukrainian law enforcement agencies, the Security Service of Ukraine and government agencies,  Kyivstar restored services in multiple stages starting with voice and data connectivity.
  • After stabilizing the network, Kyivstar immediately launched offers to thank its customers for their loyalty, including one month of free services on certain types of contracts.
  • VEON and Kyivstar also engaged in a financial impact assessment, the preliminary results of which have become available.
  • The revenue impact of these offers is currently estimated to be approximately 3.6 billion UAH (approximately 95 million USD).

BenevolentAI Appoints Dr. Joerg Moeller as Chief Executive Officer

Retrieved on: 
Wednesday, January 24, 2024

BenevolentAI ("BenevolentAI" or the "Company") (Euronext Amsterdam: BAI), a leader in applying advanced AI to accelerate biopharma drug discovery, today announces the appointment of Dr. Joerg Moeller as Chief Executive Officer and Executive Board member with immediate effect.

Key Points: 
  • BenevolentAI ("BenevolentAI" or the "Company") (Euronext Amsterdam: BAI), a leader in applying advanced AI to accelerate biopharma drug discovery, today announces the appointment of Dr. Joerg Moeller as Chief Executive Officer and Executive Board member with immediate effect.
  • Dr. Joerg Moeller, MD, PhD, brings a wealth of experience to BenevolentAI.
  • Dr. François Nader, Chair of BenevolentAI, commented: “Along with the rest of the Board, I am delighted to welcome Joerg.
  • With his track record of delivering growth through driving performance, I am confident that Joerg will leverage our proprietary and validated Benevolent Platform™ to deliver our patient-centric revenue generating strategy.”
    Dr. Joerg Moeller, Chief Executive Officer of BenevolentAI, commented: “I am excited by the opportunity to lead BenevolentAI.

dsm-firmenich makes voluntary cash offer for DSM shares

Retrieved on: 
Monday, January 8, 2024

KAISERAUGST, Switzerland and HEERLEN, Netherlands, Jan. 8, 2024 /PRNewswire/ -- DSM-Firmenich AG (the Company or dsm-firmenich) and DSM B.V. (DSM) today announce that the remaining holders of DSM ordinary shares will have the opportunity to sell their DSM ordinary shares to dsm-firmenich through the voluntary tender offer launched by dsm-firmenich today.

Key Points: 
  • KAISERAUGST, Switzerland and HEERLEN, Netherlands, Jan. 8, 2024 /PRNewswire/ -- DSM-Firmenich AG (the Company or dsm-firmenich) and DSM B.V. (DSM) today announce that the remaining holders of DSM ordinary shares will have the opportunity to sell their DSM ordinary shares to dsm-firmenich through the voluntary tender offer launched by dsm-firmenich today.
  • dsm-firmenich started a statutory buy-out procedure (the Buy-Out) on July 17, 2023 to acquire the remaining ordinary shares, about 3.9%, in DSM, previously Koninklijke DSM N.V. (the Shares).
  • The Company offers the remaining holders of the Shares the opportunity to sell their Shares at an offer price of €96.00 (the Offer Price).
  • Remaining holders of the Shares who have sold and transferred their Shares for acceptance in the Voluntary Tender Offer will receive the Offer Price for their sold Shares on February 13, 2024.