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EQS-News: Successful completion of preset purchase plan for the acquisition of Northern Data Group shares by CEO Aroosh Thillainathan

Retrieved on:

Wednesday, April 10, 2024

EUR, Acquisition, Ticker, OTC, NB2

Acquisition of further 208,348 Northern Data shares for a total purchase price of approx.

Key Points:

Acquisition of further 208,348 Northern Data shares for a total purchase price of approx.
EUR 5.9 million by Mr. Thillainathan via his family office ART Beteiligungs Management GmbH in the period from 4 to 19 March 2024
In total, acquisition of 1,062,490 Northern Data shares for a total purchase price of approx.
EUR 30 million in the period from 8 January 2024 to the completion of the standing order on 19 March 2024
Mr. Thillainathan’s stake in Northern Data Group thereby increased to 3,823,806 shares, corresponding to approx.
7.15% of the current share capital
Frankfurt/Main – 21 March 2024 – Northern Data AG (‘Northern Data Group’; Ticker symbol German stock market: NB2 , ISIN: DE000A0SMU87 ) today announces the successful completion and the results of its CEO Aroosh Thillainathan's preset share purchase plan.

EQS-News: Northern Data Group Publishes Consolidated Financial Statements for the Year Ended December 31, 2022

Retrieved on:

Wednesday, April 10, 2024

Cloud, Frankfurt, EUR, Digital asset, Capital market, Ticker, High, Annual report, NB2, Cryptocurrency

Northern Data Group Publishes Consolidated Financial Statements for the Year Ended December 31, 2022

Key Points:

Northern Data Group Publishes Consolidated Financial Statements for the Year Ended December 31, 2022
The issuer is solely responsible for the content of this announcement.
Northern Data Group Publishes Consolidated Financial Statements for the Year Ended December 31, 2022
Frankfurt/Main – March 22, 2024 – Northern Data Group (“Northern Data AG”; Ticker symbol German stock market: NB2 , ISIN: DE000A0SMU87 ) today published its key financial figures as well as the audited annual financial statements and audited consolidated financial statements for the 2022 financial year.
The Group spreads its revenue streams across its three application areas for High Performance-Computing – Cloud Services, Data Center Infrastructure, and Digital Assets.
The 2022 Annual Report, as well as a summary of the financial figures for 2022, are available in the IR section of the Group's website .

EQS-News: Update on acquisition of Northern Data Group shares by CEO Aroosh Thillainathan under preset purchase plan

Retrieved on:

Wednesday, March 13, 2024

NB2, OTC, Ticker

Acquisition of 555,516 Northern Data shares for a total purchase price of approx.

Key Points:

Acquisition of 555,516 Northern Data shares for a total purchase price of approx.
6.76% of the current share capital
Frankfurt/Main – 6 March 2024 – Northern Data AG (‘Northern Data Group’; Ticker symbol German stock market: NB2 , ISIN: DE000A0SMU87 ) today provides an update on the shares indirectly acquired by its CEO Aroosh Thillainathan in the period from 3 February 2024 to 1 March 2024 (inclusive) under a preset share purchase plan.
Mr. Thillainathan’s current (direct and indirect) stake in Northern Data Group, including the shares acquired through the broker in the aforementioned period, amounts to 3,615,458 shares, corresponding to approx.
Northern Data Group will continue to report on the status of share acquisitions under the aforementioned purchase plan on a regular basis until expiry of the purchase order.

EQS-News: Update on acquisition of Northern Data Group shares by CEO Aroosh Thillainathan under preset purchase plan

Retrieved on:

Friday, February 9, 2024

Ticker, Acquisition, NB2

Acquisition of 298,626 Northern Data shares for a total purchase price of approx.

Key Points:

Acquisition of 298,626 Northern Data shares for a total purchase price of approx.
5.72% of the current share capital
Frankfurt/Main – 9 February 2024 – Northern Data AG (‘Northern Data Group’; Ticker symbol German stock market: NB2 , ISIN: DE000A0SMU87 ) today provides an update on the shares indirectly acquired by its CEO Aroosh Thillainathan in the period from 8 January 2024 to 2 February 2024 (inclusive) under a preset share purchase plan.
Mr. Thillainathan’s current (direct and indirect) stake in Northern Data Group, including the shares acquired through the broker in the aforementioned period, amounts to 3,059,942 shares, corresponding to approx.
Northern Data Group will report on the status of share acquisitions under the aforementioned purchase plan on a regular basis until expiry of the purchase order.

EQS-News: Northern Data Group appoints Group Chief Financial Officer

Retrieved on:

Wednesday, January 17, 2024

Cloud, Asos, Audit, KPMG, HM Land Registry, CFO, Taiga, University, New Zealand Institute, Risk, Growth, Ticker, NB2, IPO, HPC, Supercomputer

Elliot Jordan will join the Group’s Executive Committee, bringing extensive finance and capital markets experience

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Elliot Jordan will join the Group’s Executive Committee, bringing extensive finance and capital markets experience
Frankfurt/Main – 15 January 2024 – Northern Data Group (Ticker symbol German stock market: NB2 , ISIN: DE000A0SMU87 ) a leading provider of High-Performance Computing (HPC) infrastructure solutions, today announces a key appointment to its Group Executive Committee of Elliot Jordan as Group Chief Financial Officer.
In his role as Group Chief Financial Officer, Elliot will lead Northern Data Group’s financial strategy and support the Group’s wider growth as it drives innovation across the HPC market.
Aroosh Thillainathan, Founder and Group Chief Executive Officer, comments: “I’m very pleased to welcome Elliot to Northern Data Group and the Group Executive Committee.
Following Aroosh’s vision, Northern Data Group has become a leading provider of High-Performance Computing solutions and is primed to capitalize on the global market opportunity.”

Northern Data Group appoints Group Chief Financial Officer

Retrieved on:

Monday, January 15, 2024

Cloud, Asos, Audit, KPMG, Executive Committee, HM Land Registry, CFO, Taiga, University, New Zealand Institute, Risk, Growth, Ticker, NB2, IPO, HPC, Sainsbury's, Supercomputer, Management

Elliot Jordan will join the Group's Executive Committee, bringing extensive finance and capital markets experience

Key Points:

Elliot Jordan will join the Group's Executive Committee, bringing extensive finance and capital markets experience
FRANKFURT, Germany, Jan. 15, 2024 /PRNewswire/ -- Northern Data Group (Ticker symbol German stock market: NB2 , ISIN: DE000A0SMU87 ) ), a leading provider of High-Performance Computing (HPC) infrastructure solutions, today announces a key appointment to its Group Executive Committee of Elliot Jordan as Group Chief Financial Officer.
In his role as Group Chief Financial Officer, Elliot will lead Northern Data Group's financial strategy and support the Group's wider growth as it drives innovation across the HPC market.
Aroosh Thillainathan, Founder and Group Chief Executive Officer, comments: "I'm very pleased to welcome Elliot to Northern Data Group and the Group Executive Committee.
Elliot Jordan, incoming Group Chief Financial Officer, comments: "I am delighted to be joining Northern Data Group and the Group Executive Committee at such a pivotal moment for the business as it seeks to continue its pace of growth and embrace the next stage in its journey.

EQS-News: Northern Data Group announces closing of Damoon acquisition

Retrieved on:

Monday, January 8, 2024

Frankfurt/Main – 8 January 2024 – Northern Data AG (‘Northern Data Group’; Ticker symbol German stock market: NB2 , ISIN: DE000A0SMU87 ) today announces the completion of the acquisition of Damoon Limited, formerly Damoon Designated Activity Company (‘Damoon’)’ from Tether Group.

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Frankfurt/Main – 8 January 2024 – Northern Data AG (‘Northern Data Group’; Ticker symbol German stock market: NB2 , ISIN: DE000A0SMU87 ) today announces the completion of the acquisition of Damoon Limited, formerly Damoon Designated Activity Company (‘Damoon’)’ from Tether Group.
The closing of the transaction now makes Tether Group, one of the world’s most successful and innovative blockchain technology companies, the cornerstone shareholder in Northern Data Group.
In total, including the recently announced purchases , Northern Data Group now owns more than 18,000 NVIDIA H100 Tensor Core GPUs.
Thereby, Northern Data acquired 69.92% of Damoon, as well as 69.92% of the c. EUR 400 million shareholder loan granted to Damoon by Tether Group.

Northern Data Group announces closing of Damoon acquisition

Retrieved on:

Monday, January 8, 2024

FRANKFURT, Germany, Jan. 8, 2024 /PRNewswire/ -- Northern Data AG ('Northern Data Group') (Ticker symbol German stock market: NB2) (ISIN: DE000A0SMU87) today announces the completion of the acquisition of Damoon Limited, formerly Damoon Designated Activity Company ('Damoon')' from Tether Group.

Key Points:

FRANKFURT, Germany, Jan. 8, 2024 /PRNewswire/ -- Northern Data AG ('Northern Data Group') (Ticker symbol German stock market: NB2) (ISIN: DE000A0SMU87) today announces the completion of the acquisition of Damoon Limited, formerly Damoon Designated Activity Company ('Damoon')' from Tether Group.
The closing of the transaction now makes Tether Group, one of the world's most successful and innovative blockchain technology companies, the cornerstone shareholder in Northern Data Group.
Thereby, Northern Data acquired 69.92% of Damoon, as well as 69.92% of the c. EUR 400 million shareholder loan granted to Damoon by Tether Group.
With the registration of a further increase of its share capital against contribution in kind by EUR 6,556,949 to EUR 48,734,180 on 3 January 2024, Northern Data Group acquired the remaining 30.08% of Damoon and of the shareholder loan granted to Damoon in implementation of the exercise of the call option granted to Northern Data Group in the Investment Agreement, as already announced in September 2023, thereby fully completing the acquisition of Damoon and the shareholder loan granted to Damoon.

Northern Data Group appoints Group Chief Legal Officer

Retrieved on:

Friday, December 22, 2023

Cloud, NB2, Partner, Executive Committee, King & Wood Mallesons, Rudolph (name), Private practice, University, Virginia School for Girls, Rudolph Hass, AI, HPC, Growth, Investment, Ticker, Taiga, Retail

FRANKFURT, Germany, Dec. 22, 2023 /PRNewswire/ -- Northern Data Group (Ticker symbol German stock market: NB2) (ISIN: DE000A0SMU8), a leading provider of specialized High-Performance Computing (HPC) infrastructure, today announced the key appointment to its Group Executive Committee of Rudolf Haas as Group Chief Legal Officer.

Key Points:

FRANKFURT, Germany, Dec. 22, 2023 /PRNewswire/ -- Northern Data Group (Ticker symbol German stock market: NB2) (ISIN: DE000A0SMU8), a leading provider of specialized High-Performance Computing (HPC) infrastructure, today announced the key appointment to its Group Executive Committee of Rudolf Haas as Group Chief Legal Officer.
He joins Northern Data Group from King & Wood Mallesons, where he served as a Partner in its Frankfurt division, and as Managing Director for their German operation since 1997.
Aroosh Thillainathan, Founder and Chief Executive Officer, comments:
"As Northern Data Group accelerates towards becoming a leading global provider of High-Performance Compute solutions, it is vital that we have the right leadership to match our pace of growth.
"It's extremely exciting to be joining Northern Data Group at this pivotal stage of the company's growth and during this transformative time for the HPC industry.

EQS-News: Northern Data Group appoints Group Chief Legal Officer

Retrieved on:

Monday, December 25, 2023

Cloud, Artillery Peak mine, Taiga, Virginia School for Girls, University, NB2, Partner, Executive Committee, Ticker, HPC, Rudolph (name), AI, Private practice, Investment, King & Wood Mallesons, Growth, Rudolph Hass

Frankfurt/Main – 22 December 2023 – Northern Data Group (Ticker symbol German stock market: NB2, ISIN: DE000A0SMU8), a leading provider of specialized High-Performance Computing (HPC) infrastructure, today announced the key appointment to its Group Executive Committee of Rudolf Haas as Group Chief Legal Officer.

Key Points:

Frankfurt/Main – 22 December 2023 – Northern Data Group (Ticker symbol German stock market: NB2, ISIN: DE000A0SMU8), a leading provider of specialized High-Performance Computing (HPC) infrastructure, today announced the key appointment to its Group Executive Committee of Rudolf Haas as Group Chief Legal Officer.
He joins Northern Data Group from King & Wood Mallesons, where he served as a Partner in its Frankfurt division, and as Managing Director for their German operation since 1997.
With a strengthened Executive Committee, Northern Data Group is set to execute the next stage of its global strategy and take advantage of the strategic opportunities within the marketplace.
Aroosh Thillainathan, Founder and Chief Executive Officer, comments:
“As Northern Data Group accelerates towards becoming a leading global provider of High-Performance Compute solutions, it is vital that we have the right leadership to match our pace of growth.