Federal Executive Boards

Allocation of phantom shares under TUI AG’s Long Term Incentive Plans

Retrieved on: 
Wednesday, October 5, 2022

TUI AG (the Company) announces that phantom shares (Phantom Shares) were allocated to the members of the Executive Board set out in the table below under TUI AGs Long Term Incentive Plan.

Key Points: 
  • TUI AG (the Company) announces that phantom shares (Phantom Shares) were allocated to the members of the Executive Board set out in the table below under TUI AGs Long Term Incentive Plan.
  • Upon expiry of the 4-year performance period, the Supervisory Board will determine whether the conditions have been satisfied and a possible claim to a payment in respect of the Phantom Shares arises.
  • The Phantom Shares were allocated on 1 October 2022 at a base price of EUR 1.509 per share.
  • This share price equals the average XETRA price of TUI AG shares over a period of 20 trading days before the date of allocation.

World’s Largest Storage-as-Transmission Project Announced by Fluence and TransnetBW to Strengthen Energy Security and Renewable Integration in Germany

Retrieved on: 
Wednesday, October 5, 2022

The project will improve energy security and significantly support Germanys energy transition pathway by increasing the efficiency of the existing grid infrastructure.

Key Points: 
  • The project will improve energy security and significantly support Germanys energy transition pathway by increasing the efficiency of the existing grid infrastructure.
  • The 250 MW battery-based energy storage system, supplied by Fluence, will be located at Kupferzell, a major grid hub.
  • The system will also ease bottlenecks stemming from transporting wind energy from Germanys north to the countrys southern load centres.
  • Working with TransnetBW to deliver this Netzbooster project will result in a critical contribution to the countrys energy security and the stabilization of energy costs, said Markus Meyer, Managing Director at Fluence Energy GmbH.

EQS-News: Daldrup & Söhne AG significantly increases EBIT result in H1 2022

Retrieved on: 
Friday, September 30, 2022

The group achieved earnings before interest and taxes (EBIT) of 1.2 million euros (0.6 million euros).

Key Points: 
  • The group achieved earnings before interest and taxes (EBIT) of 1.2 million euros (0.6 million euros).
  • The EBIT includes about 400 kEUR from the sale of power plant components of the Kalina technology.
  • For Daldrup & Shne AG, the first half of 2022 was characterised by a positive operative development in all business areas despite the deteriorating general economic environment.
  • The order situation in all business areas of Daldrup & Shne AG remains satisfactory.

EQS-News: Drägerwerk AG & Co. KGaA: Notification pursuant to Art. 5 (1) of the Regulation (EU) No 596/2014 and Art. 2 (1) of the Delegated Regulation (EU) 2016/1052 of the Commission

Retrieved on: 
Thursday, September 29, 2022

2 (1) of the Delegated Regulation (EU) 2016/1052 of the Commission

Key Points: 
  • 2 (1) of the Delegated Regulation (EU) 2016/1052 of the Commission
    The issuer is solely responsible for the content of this announcement.
  • 2 (1) of the Delegated Regulation (EU) 2016/1052 of the Commission
    On September 26, 2022, the Executive Board of Drgerwerk Verwaltungs AG resolved an employee participation program for Drgerwerk AG & Co. KGaA (Drger).
  • Within the last year's employee participation program, Drger bought back just under 90,000 of a theoretical 646,320 shares.
  • 5 of the Regulation (EU) No 596/2014 in connection with the Delegated Regulation (EU)2016/1052 of the Commission.

EQS-News: The Grounds Real Estate Development AG quadruples Group sales and significantly increases half-year earnings

Retrieved on: 
Friday, September 23, 2022

Group EBIT rises by around 81% to EUR 2.9 million (H1 2021: EUR 1.6 million); consolidated profit after tax of EUR 1.5 million (H1 2021: EUR 0.0 million)

Key Points: 
  • Group EBIT rises by around 81% to EUR 2.9 million (H1 2021: EUR 1.6 million); consolidated profit after tax of EUR 1.5 million (H1 2021: EUR 0.0 million)
    Berlin, 23.09.2022 The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) developed successfully in the first half of 2022 and significantly increased its earnings.
  • This was based on growth in Group sales, which at EUR 21.4 million were more than four times higher than in the comparison period of the previous year (EUR 4.9 million).
  • Consolidated EBIT in the reporting period increased by EUR 1.3 million, or just over 81%, to EUR 2.9 million.
  • After taxes, consolidated profit for the first half of 2022 was EUR 1.5 million (H1 2021: EUR 0.0 million).

Automotive and Industrial Goods Expert Heiko Rauscher Joins FTI Consulting as a Senior Managing Director

Retrieved on: 
Wednesday, September 21, 2022

FRANKFURT AM MAIN, Germany, Sept. 21, 2022 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) has expanded its business transformation capabilities with the appointment of Heiko Rauscher as a Senior Managing Director in the firms Corporate Finance & Restructuring segment in Frankfurt am Main.

Key Points: 
  • FRANKFURT AM MAIN, Germany, Sept. 21, 2022 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) has expanded its business transformation capabilities with the appointment of Heiko Rauscher as a Senior Managing Director in the firms Corporate Finance & Restructuring segment in Frankfurt am Main.
  • Mr. Rauscher, a business transformation expert with more than 20 years of advisory experience, joins the firm from Oliver Wyman, where he was a partner.
  • He has led complex business transformation projects for entire companies and core functions such as supply chain, production and purchasing.
  • Mr. Rauscher specialises in the automotive and industrial sector and advises original equipment manufacturers and suppliers on international and global assignments.

Innate Pharma Reports First Half 2022 Financial Results and Business Update

Retrieved on: 
Thursday, September 15, 2022

The fall in other expenses of 0.8m mainly results from non recurring provisions for liabilities and charges booked in the 1st half of 2021 reversed in 1st half of 2022.

Key Points: 
  • The fall in other expenses of 0.8m mainly results from non recurring provisions for liabilities and charges booked in the 1st half of 2021 reversed in 1st half of 2022.
  • The Company has not made any investments in tangible, intangible or significant financial assets during the first half of 2022 and 2021.
  • Furthermore, the conflict triggered by Russia's invasion of Ukraine on February 24, 2022 had no significant direct or indirect consequences on the Company's interim consolidated financial statements for the first half of 2022.
  • An update of that risk is presented in note G) of the half-year management review as of June 30, 2022.

DGAP-News: KION Group expects negative third quarter results due to cost increases in project business

Retrieved on: 
Tuesday, September 13, 2022

Frankfurt am Main, September 13, 2022 KION GROUP AG expects a substantial impact to its third quarter 2022 earnings due to intensifying supply chain shortages, as well as significantly higher cost increases for materials, energy and logistics.

Key Points: 
  • Frankfurt am Main, September 13, 2022 KION GROUP AG expects a substantial impact to its third quarter 2022 earnings due to intensifying supply chain shortages, as well as significantly higher cost increases for materials, energy and logistics.
  • Free cash flow will continue to be negative and is expected to be significantly lower than the previous quarter (Q2 2022: -158.9 million).
  • Together, these effects are expected to have a significant negative impact on the financial results of the third quarter 2022.
  • The Executive Board currently expects that the key performance indicators of KION Group and its operating segments for 2022 will be within the following ranges:

MilliporeSigma Announces Investment of More Than € 130 Million to Strengthen Manufacturing Capabilities in Molsheim, France

Retrieved on: 
Thursday, September 8, 2022

"This investment in France is an integral component of our plans to expand our global manufacturing footprint and deliver superior customer value across the globe."

Key Points: 
  • "This investment in France is an integral component of our plans to expand our global manufacturing footprint and deliver superior customer value across the globe."
  • The investment will accelerate the delivery of critical products and technologies our customers need to bring breakthrough treatments to patients in need around the world."
  • The expansion will further increase capacity for the manufacturing of single-use assemblies belonging to the Mobius portfolio.
  • In 2021, the Life Science business had already added a single-use assembly production unit for 25 million.

EQS-News: Kapsch TrafficCom AG: Change in Investor Relations at Kapsch TrafficCom

Retrieved on: 
Thursday, September 8, 2022

Hans Lang, Investor Relations Officer of Kapsch TrafficCom AG for six years, is leaving the company at his own request in order to devote himself to new tasks.

Key Points: 
  • Hans Lang, Investor Relations Officer of Kapsch TrafficCom AG for six years, is leaving the company at his own request in order to devote himself to new tasks.
  • As of September 12, 2022, Marcus Handl will take over the function of Investor Relations Officer.
  • He already accompanied the IPO in 2007 and held the IR agendas of Kapsch TrafficCom AG until 2016, before he took over the responsibility for the then new subsidiary Kapsch TrafficCom Transportation in Spain for four years.
  • The Investor Relations Officer of Kapsch TrafficCom AG reports directly to CEO Georg Kapsch.