XETRA

EQS-News: Advanced Blockchain AG: Value of Krest tokens has increased by almost 250% in the past 30 days – Krest tokens held by Advanced Blockchain now worth over $5 million

Retrieved on: 
Wednesday, March 13, 2024

peaq joins the Fetch.ai Foundation, an AI and Web3-focused non-profit with a $100 million allocation co-governed by Fetch.ai and Bosch representatives.

Key Points: 
  • peaq joins the Fetch.ai Foundation, an AI and Web3-focused non-profit with a $100 million allocation co-governed by Fetch.ai and Bosch representatives.
  • Earlier this year, Deutsche Telekom, one of Europe’s largest telecom companies, joined the Foundation as its first corporate partner.
  • This is a significant increase compared to the value announced in December 2023 of over $1 million.
  • The price of the Krest token is currently close to 1.30 USD per token which corresponds to an increase of almost 250% in the past 30 days.

EQS-News: Advanced Blockchain AG: Former Cisco Germany CEO Michael Ganser joins peaq Foundation as an Executive ahead of mainnet launch

Retrieved on: 
Wednesday, March 13, 2024

05 March 2024 – Michael Ganser, former CEO of Cisco Germany, has been appointed as an executive of peaq Foundation.

Key Points: 
  • 05 March 2024 – Michael Ganser, former CEO of Cisco Germany, has been appointed as an executive of peaq Foundation.
  • Michael joins at the beginning of a critical growth period for peaq and is a significant value driver for the company."
  • Advanced Blockchain AG is pleased to announce that the peaq team with Michael Ganser will be present at TOKEN 2049 in Dubai next month.
  • Advanced Blockchain remains one of the largest shareholders in EoT Labs GmbH as well as a KREST and PEAQ token holder.

EQS-News: ELARIS AG plans IPO

Retrieved on: 
Wednesday, March 13, 2024

Growth strategy with expansion of the market position, enhancement of the sales network, focused enlargement of the model range and internationalisation as drivers

Key Points: 
  • Growth strategy with expansion of the market position, enhancement of the sales network, focused enlargement of the model range and internationalisation as drivers
    Bad Dürkheim, 4 March 2024 – The innovative e-mobility company ELARIS AG ("ELARIS", ISIN DE000A37FT17) is seeking to go public.
  • ELARIS currently offers a range of six electric car models in German-speaking countries, from microcars to SUVs and sedans to vans, under the ELARIS brand.
  • More than 90 per cent of the shares in ELARIS AG are indirectly majority-owned by company founder Lars Stevenson and his wife.
  • Lars Stevenson, Founder and CEO of ELARIS: "The planned IPO will be another milestone in our still young but very dynamic company history.

EQS-News: Correction of a release from 21/02/2024, 07:29 CET/CEST - Advanced Blockchain AG: Value of group’s top ten portfolio holdings increases by 45%

Retrieved on: 
Wednesday, March 13, 2024

Correction of a release from 21/02/2024, 07:29 CET/CEST - Advanced Blockchain AG: Value of group’s top ten portfolio holdings increases by 45%

Key Points: 
  • Correction of a release from 21/02/2024, 07:29 CET/CEST - Advanced Blockchain AG: Value of group’s top ten portfolio holdings increases by 45%
    The issuer is solely responsible for the content of this announcement.
  • The current valuation of the top ten portfolio assets by the independent appraiser AVS-Valuation GmbH resulted in a total valuation of €57.5 million as of December 31, 2023.
  • This corresponds to an increase of 45% compared to May 31, 2023, where the valuation was €39.65 million.
  • This underlines the continuous strategic efforts of Advanced Blockchain AG and its position as an innovation leader in the industry.

EQS-News: Continental Increases Earnings in 2023 and Targets Further Improvement This Year

Retrieved on: 
Wednesday, March 13, 2024

7 All market prices are quotations of the Continental share in the Xetra system of Deutsche Börse AG.

Key Points: 
  • 7 All market prices are quotations of the Continental share in the Xetra system of Deutsche Börse AG.
  • In 2024, Continental expects the global production of passenger cars and light commercial vehicles to change by -1 to 1 percent.
  • At the end of 2023, Continental had around 200,000 employees (+1.9 percent compared with the end of 2022).
  • In 2023, Continental generated preliminary sales of €41.4 billion and currently employs around 200,000 people in 56 countries and markets.

EQS-News: CGM plans to double its dividend

Retrieved on: 
Wednesday, March 13, 2024

The general partner of CompuGroup Medical SE & Co. KGaA (CGM) intends to sustainably increase the dividend to a higher level, and will therefore propose a dividend of EUR 1.00 per share to the Annual General Meeting for the financial year 2023.

Key Points: 
  • The general partner of CompuGroup Medical SE & Co. KGaA (CGM) intends to sustainably increase the dividend to a higher level, and will therefore propose a dividend of EUR 1.00 per share to the Annual General Meeting for the financial year 2023.
  • Based on the 52.2 million shares currently entitled to a dividend payment, the planned total payout would double to EUR 52.2 million (previous year: EUR 26.1 million).
  • Based on the year-end closing price for 2023 (Xetra closing price on December 29, 2023: EUR 37.90), this proposal corresponds to a dividend yield of 2.6 percent.
  • Based on the final financial results for the financial year, the general partner and the supervisory board will decide on their final dividend proposal to the general meeting.

AlTi Tiedemann Global welcomes strategic investment of up to $450m from Allianz X and Constellation Wealth Capital

Retrieved on: 
Thursday, February 22, 2024

AlTi Global, Inc. (NASDAQ: ALTI), a leading independent global wealth and alternatives manager with approximately $68 billion in combined assets, today announced a strategic investment of up to $450 million by Allianz X and Constellation Wealth Capital (“CWC”).

Key Points: 
  • AlTi Global, Inc. (NASDAQ: ALTI), a leading independent global wealth and alternatives manager with approximately $68 billion in combined assets, today announced a strategic investment of up to $450 million by Allianz X and Constellation Wealth Capital (“CWC”).
  • CWC, an investment advisory firm specializing in making investments in industry-leading wealth managers, will invest $150 million.
  • AlTi will use the capital principally to fund its mergers and acquisitions (“M&A”) pipeline and organic growth activities.
  • Michael Tiedemann, Chief Executive Officer of AlTi Tiedemann Global, said:
    “This investment accelerates AlTi’s trajectory to become the leading global independent UHNW wealth management platform, with strategic and targeted expertise in alternatives.

EQS-News: Advanced Blockchain AG: Portfolio company Polymer Labs successfully secures $23 Million in Series A funding round while Bitcoin surpasses important $50.000 mark

Retrieved on: 
Tuesday, February 13, 2024

Polymer Labs secures $23M in Series A funding.

Key Points: 
  • Polymer Labs secures $23M in Series A funding.
  • Portfolio company pioneers future interoperability of Ethereum with hub and EigenLayer partnership.
  • February 13, 2024 – Advanced Blockchain AG (“AB”, Scale Frankfurt, primary market Düsseldorf, XETRA: ISIN DE000A0M93V6), a leading incubator, architect and investor for the blockchain industry, announces the successful completion of the Series A funding round for Polymer Labs.
  • In this recent funding round, the company significantly increased its valuation, thus further adding value to Advanced Blockchain’s diverse investment portfolio.

EQS-News: RENK Group AG - Pre-Stabilisation Announcement

Retrieved on: 
Friday, February 9, 2024

However, stabilisation may not necessarily occur and any stabilisation action, if begun, may cease at any time.

Key Points: 
  • However, stabilisation may not necessarily occur and any stabilisation action, if begun, may cease at any time.
  • Any stabilisation action or over‑allotment shall be conducted in accordance with all applicable laws and rules.
  • This announcement is not an offer of securities for sale into the United States.
  • 09.02.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.

EQS-News: Gedeon Richter becomes strategic investor of Formycon via equity investment

Retrieved on: 
Tuesday, January 30, 2024

Press Release // January 29, 2024

Key Points: 
  • Press Release // January 29, 2024
    Transaction opens up possibility of jointly leveraging long-term strategic opportunities across development, manufacturing and commercial value streams
    Munich, Germany/Budapest, Hungary – Formycon AG (FWB: FYB) (“Formycon”) today announced that Hungary based specialty pharmaceutical company Gedeon Richter Plc.
  • (“Gedeon Richter“) becomes strategic investor via cash capital increase from authorized capital in the amount of 9.08% of Formycon’s share capital.
  • Both companies are convinced of the huge potential of biosimilars and share the strategic proximity as well as the respective expertise in their fields of activity.
  • Based on the resolutions of Formycon’s Management Board and Supervisory Board, Gedeon Richter subscribed a cash capital increase of 9.08% in a private placement.