GEL | Jotup

Edison issues update on Georgia Capital (CGEO): FY23 NAV TR of 20% in sterling terms

Retrieved on:

Wednesday, March 13, 2024

Bank, Pharmacy, NAV, Bank of Georgia, GCAP, GEL

Georgia Capital (GCAP) reported a Q423 NAV total return (TR) of 7.7% in Georgian lari (GEL) terms (3.4% in sterling terms), bringing the FY23 NAV TR to a strong 26.5% (20.4% in sterling terms).

Key Points:

Georgia Capital (GCAP) reported a Q423 NAV total return (TR) of 7.7% in Georgian lari (GEL) terms (3.4% in sterling terms), bringing the FY23 NAV TR to a strong 26.5% (20.4% in sterling terms).
The considerable increase in the sterling share price of Bank of Georgia (BoG) was the main contributor, adding c 5.1% and 19.5% to GCAP’s opening NAV in Q423 and FY23, respectively.
This was further assisted by positive revaluation of all large and investment-stage private holdings, except for the hospital business.
In aggregate, GCAP’s private holdings added 1.9pp to its Q423 NAV TR.

Radware Protects Leading European Bank Against Emerging Threat Vectors

Retrieved on:

Tuesday, January 9, 2024

MAHWAH, N.J., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Radware ® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, announced it signed an agreement with a leading European financial institution.

Key Points:

MAHWAH, N.J., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Radware ® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, announced it signed an agreement with a leading European financial institution.
Today, the bank, which has offices in more than 50 countries and thousands of employees, delivers a comprehensive set of financial services to private, corporate, and institutional clients.
The bank decided to replace its existing security solutions provider to strengthen its protection against emerging threat vectors and enhance data availability and accessibility.
Industry analysts such as Aite-Novarica Group, Forrester Research, Gartner, GigaOm, KuppingerCole, and Quadrant Knowledge Solutions continue to recognize Radware as a market leader in cyber security.

Paysera bank has opened its doors in Georgia

Retrieved on:

Monday, December 18, 2023

Gold, GEL, Bank of Georgia, European, National bank, Central bank, Central Bank of Montenegro, SEPA, Cryptocurrency

VILNIUS, Lithuania, Dec. 18, 2023 /PRNewswire/ -- Paysera Georgia, a member of the Paysera Group, has commenced operations with the opening of its inaugural bank branch in Tbilisi.

Key Points:

VILNIUS, Lithuania, Dec. 18, 2023 /PRNewswire/ -- Paysera Georgia, a member of the Paysera Group, has commenced operations with the opening of its inaugural bank branch in Tbilisi.
Dimitry Kumsishvily stated, "Paysera Bank Georgia obtained its license as the first digital bank in the Georgian market on November 17, 2023, and has promptly initiated services for both individuals and legal entities.
In light of Georgia achieving candidate status for the European Union on December 14, Paysera Bank Georgia announced a special promotion for its clients.
In mid-December, the Central Bank of Georgia augmented the bank license held by Paysera Georgia, granting the institution the opportunity to provide loans in the future.

Paysera bank has opened its doors in Georgia

Retrieved on:

Monday, December 18, 2023

Gold, GEL, Multimedia, Bank of Georgia, European, National bank, Central bank, Central Bank of Kosovo, SEPA, Cryptocurrency

VILNIUS, Lithuania, Dec. 18, 2023 /PRNewswire/ -- Paysera Georgia, a member of the Paysera Group, has commenced operations with the opening of its inaugural bank branch in Tbilisi.

Key Points:

VILNIUS, Lithuania, Dec. 18, 2023 /PRNewswire/ -- Paysera Georgia, a member of the Paysera Group, has commenced operations with the opening of its inaugural bank branch in Tbilisi.
Dimitry Kumsishvily stated, "Paysera Bank Georgia obtained its license as the first digital bank in the Georgian market on November 17, 2023, and has promptly initiated services for both individuals and legal entities.
In light of Georgia achieving candidate status for the European Union on December 14, Paysera Bank Georgia announced a special promotion for its clients.
In mid-December, the Central Bank of Georgia augmented the bank license held by Paysera Georgia, granting the institution the opportunity to provide loans in the future.

Radware Expands Relationship with a Leading Asia-Pacific Government Technology Office to Provide Application Delivery and Security Services

Retrieved on:

Tuesday, November 7, 2023

Knowledge, Denial-of-service attack, Gigaom, Government, API, ADC, GEL, Forrester Research, Quadrant, Gartner, Video game, Risk management

MAHWAH, N.J., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Radware ® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, announced it is providing expanded security services for a leading Asia-Pacific government office that is chartered to oversee its nation’s information technology infrastructure and services.

Key Points:

MAHWAH, N.J., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Radware ® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, announced it is providing expanded security services for a leading Asia-Pacific government office that is chartered to oversee its nation’s information technology infrastructure and services.
The office is focused on strengthening cyber defenses across its data center infrastructure and ensuring secure delivery of government services to its growing user base.
The multimillion-dollar deal, which represents the extension of an existing relationship, includes the purchase of Radware’s Alteon ® application delivery controller (ADC) and Alteon Global Elastic License (GEL).
Radware has received numerous awards for its DDoS mitigation, application and API protection , web application firewall , and bot detection and management solutions.

GE Licensing, Current Lighting, Savant and Seoul Semiconductor Co., Ltd. Enter into Patent License Agreement

Retrieved on:

Friday, October 13, 2023

GE Licensing (“GEL”), Current Lighting Solutions, LLC (“Current”), Savant Systems Inc. and Seoul Semiconductor Co., Ltd. (“SSC”) today announced that they have entered into a patent license whereby SSC acquired a license to a PFS (also known as KSF) patent portfolio for all application fields widely licensed by the LED industry.

Key Points:

GE Licensing (“GEL”), Current Lighting Solutions, LLC (“Current”), Savant Systems Inc. and Seoul Semiconductor Co., Ltd. (“SSC”) today announced that they have entered into a patent license whereby SSC acquired a license to a PFS (also known as KSF) patent portfolio for all application fields widely licensed by the LED industry.
View the full release here: https://www.businesswire.com/news/home/20230918035350/en/
$1B Company by 2nd Generation Technologies (Graphic: Seoul Semiconductor Co., Ltd.)
Thanks to this collaborative agreement, Seoul Semiconductor has emerged as the unique beneficiary of GEL's PFS patent portfolio for all applications, such as display, lighting, and automotive, among others.
“Seoul Semiconductor, as a company that respects intellectual property rights, values the patent portfolios of GE Licensing, Current Lighting and Savant.
The rights granted today in this license agreement further strengthens Seoul Semiconductor’s 2nd Generation Patent Portfolio of 18,000 patents and significantly enhances our ability to move products to the market,” said Chung H. Lee, founder of Seoul Semiconductor and Seoul VioSys.

Metacade Announces Breakthrough Collaboration with Polygon Labs

Retrieved on:

Tuesday, October 3, 2023

Ethereum, Robert Russell Bennett, Growth, Blockchain, Partnership, UI, GEL, Acquisition, Polygon, Video game, Cryptocurrency, Arcade

London, United Kingdom | October 03, 2023 08:30 AM Eastern Daylight Time

Key Points:

London, United Kingdom | October 03, 2023 08:30 AM Eastern Daylight Time
Metacade , the world’s first community-led gaming platform, has confirmed a collaboration with Polygon Labs, focused on driving user acquisition, testing and the adoption of 100’s of new games and customers on the Polygon protocols.
Metacade’s CEO, Russell Bennett, said “This collaboration has always been a part of our goals, driven by our profound respect for Polygon Labs' remarkable work and our shared passion for blockchain gaming.
After all, it's evident that the Polygon protocols will play a pivotal role in the future of the industry.
The Polygon protocols have seen huge success with 100s of games launched, with a number of viral projects including Gelato (GEL).

Georgia Capital (GCAP): Successful bond refinancing improves risk profile

Retrieved on:

Tuesday, October 3, 2023

GCAP, Bank, NAV, GEL, Bank of Georgia, Security (finance), Cryptocurrency

The issuer is solely responsible for the content of this announcement.

Key Points:

The issuer is solely responsible for the content of this announcement.
Georgia Capital delivered positive newsflow during August, including the successful pricing of its new sustainability-linked bond (with proceeds used to redeem the 2024 Eurobond), as well as its Q223 results release, with a robust 8.2% NAV total return in GEL terms posted during the quarter.
We believe that the successful bond refinancing, coupled with continued deleveraging at holding level (net capital commitment ratio of 17.4% at end-June 2023) further reduces GCAP’s risk profile.
Despite the above, GCAP’s shares are still trading at a relatively wide c 58% discount to its ‘live’ NAV estimate.

ASICS RELEASES THE LIGHTEST CO2 EMISSIONS SNEAKER ON THE MARKET

Retrieved on:

Monday, September 11, 2023

Cream, ASICS, Senior, ISO, Suzuki, Global warming potential, SGS, GEL, Shoe, CO2

KOBE, Japan, Sept. 11, 2023 /PRNewswire/ -- Today, ASICS SportStyle announces the launch of the GEL-LYTE™ III CM 1.95 sneaker – the lightest CO2 emissions sneaker on the market². Inspired by one of the most iconic sneakers from ASICS SportStyle, this version evolves the GEL-LYTE™ III OG silhouette to minimize its impact on the planet without compromising on quality or design. With some of the most creative solutions integrated, the GEL-LYTE™ III CM 1.95 sneaker takes the fusion of sustainability efforts and design aesthetics a step further.

Key Points:

KOBE, Japan, Sept. 11, 2023 /PRNewswire/ -- Today, ASICS SportStyle announces the launch of the GEL-LYTE™ III CM 1.95 sneaker – the lightest CO2 emissions sneaker on the market².
With some of the most creative solutions integrated, the GEL-LYTE™ III CM 1.95 sneaker takes the fusion of sustainability efforts and design aesthetics a step further.
Go Suzuki, Executive Officer, Senior General Manger for ASICS SportStyle said: "ASICS is committed to reaching the goal of becoming net-zero emissions by 2050.
Not only is the GEL-LYTE™ III CM 1.95 sneaker the lightest CO2e emissions sneaker on market, but we are also confident that it is one of the most aesthetically compelling shoes, on top of being very comfortable for users' daily activities.

ASICS RELEASES THE LIGHTEST CO2 EMISSIONS SNEAKER ON THE MARKET

Retrieved on:

Monday, September 11, 2023

Cream, ASICS, Senior, ISO, Suzuki, Global warming potential, SGS, GEL, Shoe, CO2

KOBE, Japan, Sept. 11, 2023 /PRNewswire/ -- Today, ASICS SportStyle announces the launch of the GEL-LYTE™ III CM 1.95 sneaker – the lightest CO2 emissions sneaker on the market². Inspired by one of the most iconic sneakers from ASICS SportStyle, this version evolves the GEL-LYTE™ III OG silhouette to minimize its impact on the planet without compromising on quality or design. With some of the most creative solutions integrated, the GEL-LYTE™ III CM 1.95 sneaker takes the fusion of sustainability efforts and design aesthetics a step further.

Key Points:

KOBE, Japan, Sept. 11, 2023 /PRNewswire/ -- Today, ASICS SportStyle announces the launch of the GEL-LYTE™ III CM 1.95 sneaker – the lightest CO2 emissions sneaker on the market².
With some of the most creative solutions integrated, the GEL-LYTE™ III CM 1.95 sneaker takes the fusion of sustainability efforts and design aesthetics a step further.
Go Suzuki, Executive Officer, Senior General Manger for ASICS SportStyle said: "ASICS is committed to reaching the goal of becoming net-zero emissions by 2050.
Not only is the GEL-LYTE™ III CM 1.95 sneaker the lightest CO2e emissions sneaker on market, but we are also confident that it is one of the most aesthetically compelling shoes, on top of being very comfortable for users' daily activities.