Announcements

The latest company announcements from Denmark, Sweden, Norway and Finland

Topdanmark Forsikring A/S – Redemption of subordinated notes

Topdanmark Forsikring A/S – Redemption of subordinated notes

23 October 2020

Announcement no. 12/2020

 

On 11 December 2015, Topdanmark Forsikring A/S issued subordinated notes of DKK 500m as subordinated loan capital.

These subordinated notes will be redeemed at par on 11 December 2025 at the latest. However, from 11 December 2020 Topdanmark Forsikring A/S may redeem early at par subject to the prior approval of the Danish Financial Supervisory Authority.

Given the terms of the bonds and the capital position of Topdanmark Forsikring A/S, the Company's Board of Directors has decided to redeem early thus, after a maturity of five years, paying back the loan to the investors at par on 11 December 2020.

The Danish Financial Authority has pre-approved the redemption.

 

Please direct any queries to:

Steffen Heegaard, IR Director

Direct tel: +45 4474 4017, Mobile: +45 4025 3524

 

Topdanmark Forsikring A/SCVR no. 78416114Borupvang 42750 Ballerup

 

Contacts
  • Steffen Heegaard, Group Communication and IR Director, +45 44 74 40 17
About Topdanmark A/S

Topdanmark is one of the country's largest insurance and pension companies.

For more than 100 years, we have helped our customers care for what matters the most. Prevent and limit damages. Secure financial security before and after retirement. For the benefit of both people and the environment.

It makes us an attractive company - not only for our customers, but also for our employees, shareholders and the world around us.

Find more information about Topdanmark on topdanmark.com

Danish, English

TOPDANMARK INTERIM REPORT FOR Q1-Q3 2020

TOPDANMARK INTERIM REPORT FOR Q1-Q3 2020

23 October 2020

Announcement no. 11/2020

Key features

Q1-Q3 2020

  • Post-tax profit of DKK 553m (Q1-Q3 2019: DKK 1,115m)
  • EPS was DKK 6.3 (Q1-Q3 2019: DKK 12.8)
  • Combined ratio: 87.0 (Q1-Q3 2019: 82.1)
  • Combined ratio excluding run-off: 88.5 (Q1-Q3 2019: 87.0)
  • Premiums increased by 2.8% in non-life insurance and by 3.6% in life insurance.
  • Profit on life insurance was DKK 44m (Q1-Q3 2019: DKK 291m).
  • After return on non-life insurance provisions, the investment return was DKK 240m (loss) (Q1-Q3 2019: DKK 51m (loss)).

 

Q3 2020

  • Post-tax profit of DKK 357m (Q3 2019: DKK 285m)
  • EPS was DKK 4.1 (Q3 2019: DKK 3.3)
  • Combined ratio: 89.8 (Q3 2019: 84.9)
  • Combined ratio excluding run-off profits: 91.2(Q3 2019: 88.6)
  • Premiums increased by 2.9% in non-life insurance and decreased by 23.4% in life insurance.
  • Profit on life insurance was DKK 69m (Q3 2019: DKK 72m).
  • After return on non-life insurance provisions, the investment return was DKK 146m (Q3 2019: DKK 47m (loss)).

 

Profit forecast model for 2020

  • The assumed combined ratio for 2020 is improved from 88-89 to about 88, excluding run-off in Q4 2020.
  • The assumed premium growth for non-life insurance is improved from 2-3% to about 3%.
  • The model post-tax profit forecast for 2020 is improved from DKK 550-750m to DKK 750-850m, excluding run-off in Q4 2020.

 

Half of the dividend for 2019 is still postponed until the AGM in March 2021

  • Following the Danish FSA’s recommendation, Topdanmark’s Board of Directors has decided to postpone paying out the remainder of the dividend for 2019 until the AGM on 25 March 2021. It is still the intention to distribute in part or in full the remaining DKK 8.5 of the previously announced dividend of DKK 17 per share.

 

Assumptions for 2021

  • Premium growth in non-life of just above 3%, and a combined ratio of about 90, excluding run-off, are assumed for 2021.
  • The assumed combined ratio for 2021 of about 90 excluding run-off is, compared with 2020, negatively impacted by increased investments in Topdanmark’s efficiency programme (1.0pp) and by lower interest rates (0.3pp).

 

Efficiency programme

The main focus areas of Topdanmark’s efficiency programme are:

  • Automation/digitalisation of routine-based processes
  • Risk and pricing
  • Procurement

It is expected that the level of efficiency gains will absorb the increase in the level of depreciation with a clear margin in the coming years.

 

Other events

  • In Q3, Topdanmark launched its first external branding campaign in many years. The objective is to support Topdanmark’s premium brand in a digital reality. Based on a long-standing customer-centric brand strategy, Topdanmark launched its brand promise 'We're here to help'.
  • In Q3, Sydbank announced that the bank will terminate the distribution agreement with Topdanmark. The terms of the termination are yet to be negotiated. The termination will not affect the assumed growth for 2020 and will only have a marginal negative impact on growth in 2021.

 

Webcast

In a  webcast Group Communications and IR Director, Steffen Heegaard, will present the financial highlights and comment on the forecast.

 

Conference call

A conference call will be held today at 15:30 (CET) where Peter Hermann, CEO and Lars Thykier, CFO will be available for questions based on the interim report and the webcast. The call will be conducted in English.

 

In order to participate in the conference call, please call:

DK dial-in-number: +45 78 72 32 52

SE dial-in-number: +46 856 642 704

UK dial-in-number: +44 333 300 9260

US dial-in-number: +1 646 722 4956

 

10-15 minutes before the conference and ask the operator to connect you to the Topdanmark conference call – or listen to the live transmission of the call.

 

Please direct any queries to:

 

Peter Hermann

Chief Executive Officer

Direct tel.: +45 4474 4450

 

Lars Thykier

Chief Financial Officer

Direct tel.: +45 4474 3714

 

Steffen Heegaard

IR Director

Direct tel.: +45 4474 4017, mobile tel.: +45 4025 3524

 

 

Contacts
  • Steffen Heegaard, Group Communication and IR Director, +45 44 74 40 17
  • Lars Thykier, CFO, + 45 44 74 37 14
About Topdanmark A/S

Topdanmark is one of the country's largest insurance and pension companies.

For more than 100 years, we have helped our customers care for what matters the most. Prevent and limit damages. Secure financial security before and after retirement. For the benefit of both people and the environment.

It makes us an attractive company - not only for our customers, but also for our employees, shareholders and the world around us.

Find more information about Topdanmark on topdanmark.com

Attachments
  • Q1-Q3 2020 Report.pdf
Danish, English

2020/24 - Flügger group A/S tildeler optioner til ledende medarbejder

Direktionen i Flügger group A/S tildeler 1.500 stk. aktieoptioner til ledende medarbejder.

Direktionen tildeler i alt 1.500 stk. optioner til ledende medarbejder. Udnyttelseskursen er fastsat til DKK 1 pr. aktie.

MarkedsværdiMarkedsværdien af de udstedte optioner er opgjort til i alt DKK 241.800. Markedsværdien er beregnet ud fra Black-Scholes-modellen med anvendelse af en volatilitet på 25% (beregnet med udgangspunkt i en historisk periode svarende til optionens løbetid), et renteniveau på 1%, en aktiekurs på DKK 450 og under forudsætning af, at de tildelte optioner senest udnyttes 14 dage fra offentliggørelse af den bestyrelsesgodkendte årsrapport for 2022/2023. Der er ved værdiansættelsen taget højde for fremtidige udbyttebetalinger i væsentligt samme niveau som tidligere udmeldt.

Udnyttelse af optionerneFor at kunne udnytte de tildelte aktieoptioner skal begge nedenstående mål, a) og b) på baggrund af bestyrelsesgodkendt årsrapport for 2022/2023, være opfyldt:

  • Omsætning på mindst DKK 2,5 mia.
  • EBIT på mindst 6%
  • De udstedte optioner kan benyttes til køb af aktier i Flügger group A/S fra én time efter offentliggørelse af den bestyrelsesgodkendte årsrapport for 2022/2023 og 14 dage (á 24 timer) frem.

     

    På vegne af direktionen

    Flügger group A/S

    Torben Schwaner DehlholmGroup General Counsel

    Vedhæftninger
    • Download selskabsmeddelelse.pdf
    Danish

    Successful IPO enables further product & market development of Audientes’ self-fitting hearing aid for planned market availability medio 2021.

    Audientes Financial Report Q3 2020 (July 1st – September 30th).

    Announcement no. 3-2020

    October 22, 2020

     

    FINANCIAL REPORT Q3 2020 (JULY 1ST – SEPTEMBER 30TH)

    Audientes A/S, the Danish developer of affordable, high-quality self-fitting hearing aids aimed at the nearly 500 million people with disabling hearing loss who are unable to get proper help they can afford, today publishes the results of the third quarter during which it successfully conducted an oversubscribed IPO on Nasdaq First North Growth Market Denmark, as set out in Company Announcement No. 2-2020 of September 15, 2020.

    Management has chosen to disclose full-year figures for 2019 as comparatives regarding the profit and loss account as well as the cash flow statement because the expenditures and commercial activity in Audientes was limited in the same period last year and as such, detailed information for neither Q3 nor the 9 months ended 30 September 2019, are considered to contribute as reasonable comparatives. Numbers within parentheses refer to the full preceding year, 2019.

    This interim report has not been reviewed by the Company’s auditors.

    Highlights of the Interim report:

    • Audientes has a robust financial position with cash and cash equivalents amounting to KDKK 34,731 (KDKK 0.077) as of September 30, 2020.
    • The result for the third quarter of 2020 amounted to KDKK -3,386 (KDKK -0.314).
    • Sales of Audientes products have not yet begun, thus net sales for the third quarter of 2020 amounted to KDKK 0.00 (KDKK 0.00).
    • Other operating income for the first quarter amounted to KDKK 0 (KDKK 0.05).
    • Cash flow amounted to KDKK 34,671 (KDKK 0.0067). Cash flow from operating activities in the third quarter of 2020 amounted to KDKK 0 (KDKK 0).
    • Expenditures and losses in the third quarter of 2020 are overall in line with plans and expectations set out ahead of the IPO. Main expenditures this quarter were investments in product development, IPO-related brand-building and other marketing activities plus the financial and transaction costs.
    • Excluding IPO-related costs, the monthly burn rate is approximately KDKK 300, which is in line with the expectations for the period but will increase in the coming months due to increases in personnel, product development and marketing activities.
    • During Q3 Audientes hired four new employees. Audientes now has six full-time employees as of September 30, 2020.
    • Audientes equity ratio as of September 30th, 2020 amounted to 90.5 percent (51.2 percent)
    • Audientes earnings per share in Q3 was DKK -0.70.
    • We entered a collaboration with students at the Technical University of Denmark on the design and development of an Audientes tinnitus application.
    • Our ongoing trademarking effort continues to ensure further protection in our priority markets.

     

    Management Review

    Audientes continues to execute on the business objectives necessary for a successful launch of our self-fitting hearing aid in medio 2021. Product development, go-to-market planning and the recruitment of key personnel to pivotal positions are proceeding as outlined in our Company Description published on 31 August 2020. We have met our product development targets, both in terms of software and hardware enhancements, but also in terms of product design and user experience.

    Key components of our launch strategy are commercial partnerships with regional distributors and retailers. As part of this strategy, we have signed a Letter of Intent (LOI) extension with an Indian retail partner with whom we have been working with for end-user testing for several years as part of a project co-funded by the Danish Market Development Fund (Markedsmodningsfonden).

    Additionally, this quarter we began building the organization that will drive the marketing, sales and delivery of our products to market, as well as establishing our presence in our target market, India. Audientes is also laying the foundation for online sales of our hearing aid via our website and e-tailers like Amazon, Flipkart and Alibaba.com.

    CEO Steen Thygesen, Audientes: "Following our successful IPO on September 18th we have made big strides in our product development and being able to commence the final market testing in Q4. With our extended organization, we are well on track to enter the market medio 2021 with initial product availability in India and online."

     

    Financial Calendar

    Date

    Event

    October 22, 2020

    Q3 2020 reporting

    March 18, 2021

    Q4 2020 and Annual Report 2020

    April 13, 2021

    Annual General Meeting 2021 

    May 20, 2021

    Q1 2021 reporting

    August 19, 2021

    Q2 2021 reporting

    November 18, 2021

    Q3 2021 reporting

     

    Link to the Q3 interim report:

    https://www.audientes.com/investor-relations/#financial-reports

     

    Additional information

    Audientes A/S is traded on Nasdaq First North Growth Market Denmark under the symbol "AUDNTS" and ISIN DK0061406618.

    For additional information about Audientes financial position and development, please refer to the Company’s website (www.audientes.com).

     

    For more information:

    CEO Steen Thygesen

    Tel: +45 53 17 26 10

    email: steen.thygesen@audientes.com

     

    Audientes A/S

    Teknikerbyen 5

    2830 Virum

    www.audientes.com

     

    Certified Adviser

    Kapital Partner ApS

    Jernbanegade 4

    1608 København V

    Tlf. 8988 7846

    www.kapitalpartner.dk

    Contacts
    • Steen Thygesen, CEO, +45 53172610, Steen.Thygesen@audientes.com
    About Audientes A/S

    Audientes is a Denmark-based innovator of affordable hearing solutions. Our goal is to make smart, high-quality hearing aids accessible and affordable to everyone who needs them. We achieve this by designing, developing and bringing to market innovative, assisted-hearing solutions. 

    Attachments
    • Download announcement as PDF.pdf
    • Audientes Q3 2020 Report.pdf
    Danish, English

    Notice to the Extraordinary Shareholders' Meeting of Neo Industrial Plc

    The Extraordinary Shareholders' Meeting of Neo Industrial Plc will be held on Tuesday, 24 November 2020 at 2 pm at Hyvinkään Villatehdas, Kankurinkatu 4-6, 05800 Hyvinkää. The registration to the meeting will start at 1.30 pm.

    Extraordinary Shareholders' Meeting is convened to consider the proposal to change the company's name. According to the proposal the company name will be changed to “Reka Industrial Oyj” and parallel company name “Reka Industrial Plc”. The new name will better describe the parent company of a Group that focuses on industrial activities. In addition to the name change, the company's line of business description will be revised and the number of Board members, the composition of the Board, and the remuneration of the Board members will be updated.Due to the COVID-19 pandemic, the aim is to hold the Extraordinary Shareholders' Meeting as short as possible. No catering will be served at the meeting and no materials will be handed out. The presence of members of Neo Industrial Plc's Board of Directors, auditor and management team is limited to a minimum.

    A. MATTERS ON THE AGENDA OF THE EXTRAORDINARY SHAREHOLDERS' MEETING

    The meeting shall handle the following matters:

  • Opening of the meeting
  • Calling the meeting to order
  • Election of persons to scrutinize the minutes and to supervise the counting of votes
  • Recording the legality of the meeting
  • Recording the attendance at the meeting and adoption of the list of votes
  • Amendment of the Articles of Association 1 § Business NameThe shareholders representing over 50 per cent of the votes, propose that the Extraordinary Shareholders' Meeting decide to amend 1 § as follows:1 § Business nameThe company's business name is Reka Industrial Oyj, in English Reka Industrial Plc.
  • Amendment of the Articles of Association 3 § Line of BusinessShareholders representing more than 50% of the votes propose that the Extraordinary Shareholders' Meeting decide to amend 3 § as follows:3 § Line of BusinessThe company's line of business is to create and implement the Group's strategy and to plan and implement financially appropriate investments directly or through its subsidiaries. The company's line of business is to carry out manufacturing and other business related to the electrical and technical rubber industry, as well as research and development activities, either directly or through its subsidiaries or associated companies. The company is also in charge of owning and managing shares, stakes, securities and other assets, supervising the operations of its subsidiaries and associated companies and other business units, and providing centralized operational, strategic, administrative, financial, risk management, financial management and other services for its' subsidiaries and associated companies. The Company may also engage in financing activities, and acquire, own, manage, lease and trade in real estate, securities and other financial instruments. Activities can be operated both in Finland and abroad. The company may also carry on its business under its auxiliary business names.
  • Resolution on the remuneration of the members of the Board of DirectorsThe shareholders representing over 50 per cent of the votes, propose that the performance bonus of the Board members decided by the Annual General Meeting on June 24, 2020 will be waived completely. In addition, it is proposed that the annual remuneration decided by the Annual General Meeting on June 24, 2020 be valid only until November 30, 2020.

    It is proposed that as of 1 December 2020, the annual remuneration (12 months) of the members of the Board of Directors be EUR 18,000 and that of the Chairman of the Board EUR 25,000, and that the members of the Board be compensated for their travel expenses. It is proposed that the annual remuneration of committee members be EUR 2,500. No separate meeting fees to be paid.Circa 40 per cent of the annual remunerations will be paid with the shares of the company. Transfer to the shares is made by using the average share price of Neo Industrial Plc’s B-share in January 2021 and the shares will be handed over in April 2021.

  • Resolution on the number of members of the Board of Directors and possible deputy members
  • Election of the chairman and the deputy chairman and members of the Board
  • Closing of the Meeting
  • B. DOCUMENTS OF THE GENERAL MEETING

    The above-mentioned proposals of the Board of Directors relating to the agenda of the general meeting as well as this notice are available on Neo Industrial Plc’s website www.neoindustrial.fi/en .The proposals of the Board of Directors and other documents mentioned above are also available at the Extraordinary Shareholders' Meeting. The minutes of the Extraordinary Shareholders' Meeting will be available to shareholders on the above-mentioned website no later than December 8, 2020.

    C. INSTRUCTIONS FOR THE PARTICIPANTS IN THE EXTRAORDINARY SHAREHOLDERS' MEETING 

    1. The right to participate and registration to the Extraordinary Shareholders' Meeting

    In order to attend the Extraordinary Shareholders' Meeting, the shareholders must be registered as the company's shareholders in Neo Industrial Plc's shareholder register maintained by Euroclear Finland on 12 November 2020 at the latest.

    A shareholder who wants to participate in the Extraordinary Shareholders' Meeting shall register for the meeting no later than 18 November 2020 12 pm, at the latest, by giving a prior notice of participation.

    Such notice can be given:

    a) by e-mailing viestinta@neoindustrial.fi;

    b) by telephoning +358 207 200 395; or

    c) by regular mail to address Neo Industrial Plc, Kankurinkatu 4-6, 05800 Hyvinkää, Finland.

    The registration must arrive before the end of the registration period.

    In connection with the registration, a shareholder shall notify his/her name, personal or business identification number, address and telephone number as well as the name and personal identification number of a possible assistant or proxy representative. The personal data given to Neo Industrial Plc is used only in connection with the general meeting and with the processing of related registrations.

    2. Holders of nominee registered shares

    A holder of nominee registered shares who wants to participate in the Extraordinary Shareholders' Meeting must be entered into the shareholders' register of the company on the record date of the meeting, 12 November 2020. A shareholder of nominee registered shares must also be temporarily entered into the shareholders' register held by Euroclear Finland, of the Company on 19 November 2020 by 10.00 am, Finnish time at the latest. With respect to nominee registered shares the temporary entry into the shareholders' register is considered as registration for the Extraordinary Shareholders' Meeting. Changes in shareholdings after the record date of the Extraordinary Shareholders' Meeting do not affect the right to participate in the Extraordinary Shareholders' Meeting or the number of votes of the shareholder.

    A holder of nominee registered shares, who wishes to participate in the Extraordinary Shareholders' Meeting, is advised to request necessary instructions regarding the registration in the temporary shareholder's register of the company, the issuing of proxy documents and registration for the meeting from his/her custodian bank. The custodian bank is to inform the holder of nominee registered shares who wants to participate to the Extraordinary Shareholders' Meeting.

    3. Proxy representative and powers of attorney

    A shareholder may participate in the Extraordinary Shareholders' Meeting and exercise his/her rights at the meeting by way of proxy representation. A proxy representative shall produce a dated proxy document or otherwise in a reliable manner demonstrate his/her right to represent the shareholder at the meeting.

    When a shareholder participates in the Extraordinary Shareholders' Meeting by means of several proxy representatives representing the shareholder with shares at different securities accounts, the shares represented by each proxy representative shall be identified in connection with the registration for the Extraordinary Shareholders' Meeting.

    Possible proxy document originals should be delivered to the address Neo Industrial Plc, Kankurinkatu 4-6, 05800 Hyvinkää, Finland before the last date of registration.

    4. Other information

    Pursuant to Chapter 5, section 25 of the Companies Act, a shareholder who is present at the Extraordinary Shareholders' Meeting has the right to request information with respect to the matters to be considered at the meeting.

    On the date of this notice the Extraordinary Shareholders' Meeting 22 October 2020, the number of A-shares in Neo Industrial Plc is 139,600 shares, representing a total of 2,792,000 votes, and the number of B-shares is 5,880,760 shares, representing a total of 5,880,760 votes.

    Hyvinkää, 22 October 2020

    Neo Industrial PlcThe Board of Directors

    FURTHER INFORMATION Jukka Poutanen, Managing Director, tel. +358 40 833 9007

    About Neo Industrial Oyj

    Neo Industrial Plc is a Finnish company, that focuses on building a sustainable future by developing and renewing modern society. We own emerging private companies in the industrial sector, to whom we are a long-term and responsible partner. As a conglomerate, we create opportunities responsibly for a smart and energy-efficient society. Neo Industrial Plc's class B shares are listed on the main list of NASDAQ Helsinki Stock Exchange.

    Attachments
    • Download announcement as PDF.pdf
    English, Finnish

    HusCompagniet announces intention to launch an Initial Public Offering on Nasdaq Copenhagen

    NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA OR CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL

    This announcement does not constitute an offering circular or a prospectus as defined by Regulation (EU) No. 2017/1129 of 14 June 2017 and nothing herein shall be construed as an offering of securities. No one should purchase any securities in HusCompagniet A/S (“HusCompagniet” or the "Company") except on the basis of information in any offering circular or prospectus published by the Company in connection with the potential offering and admission of such securities to trading and official listing on Nasdaq Copenhagen A/S (“Nasdaq Copenhagen”).  Copies of any such offering circular or prospectus (the “Offering Circular”) will, following publication, be available at the Company’s registered office and, subject to certain exceptions, through the website of the Company.

    HusCompagniet, a leading asset-light detached single-family housebuilder in Denmark which also builds semi-detached houses for consumers and professional investors, today announced its intention to launch an Initial Public Offering (”IPO” or ”Offering”) of its shares and to list on Nasdaq Copenhagen.

    The contemplated IPO is expected to consist of the sale of existing shares by the current shareholders in HusCompagniet and, therefore, the Company is not expected to receive any proceeds from the contemplated IPO. The total offer size will be announced in connection with the publication of the Offering Circular. HusCompagniet is currently owned by EQT VI, the fund managed and/or operated by EQT VI (General Partner) LP (acting by its general partner, EQT VI Limited), together with associated co-investment vehicles (“EQT”) with the remaining shares in the Company held by other co-investors, including management and certain existing and former employees as well as other third parties.

    Chairperson of the Board of Directors, Claus V. Hemmingsen, said:

    “HusCompagniet has demonstrated a remarkable growth track record for over a decade, underpinned by a continuous focus on driving both the digital and sustainability agenda as the market leader in detached single-family houses. I believe the contemplated IPO is now the right next step to support future growth, particularly in Denmark as well as in Sweden. It will provide a strong platform for continued growth by enhancing the visibility of the Company, further strengthening the brand and improving the ability to attract and retain talented employees as well as reinforcing relationships with our suppliers and sub-contractors.”

    Group CEO, Martin Ravn-Nielsen, said:

    “In the recent years, we have seen double-digit annual average growth rates, a testament to the strength of our core business and leading market position in the detached single-family market segment. We see room for further growth in our core business, and in particular in the semi-detached new build market aimed at professional investors, which is a market where we have long-time experience but only scratched the surface of its potential. We continue to push the digital agenda in HusCompagniet and are excited about the prospects of our current and future initiatives. I am also convinced that our efforts to integrate sustainability throughout our business and in the entire value chain of our houses are noticed by our customers, and will help us achieve our targets of continued profitable growth in both Denmark and Sweden, while at the same time make it possible to meet our ambitious CO2 reduction targets.”

    Head of EQT Partners Denmark and Investment Advisor to EQT VI, Mads Ditlevsen, said:

    “During EQT’s ownership of HusCompagniet, the Company has achieved tremendous results, and we are highly impressed by the efforts and dedication of the employees and the management team. We believe the Company is well-positioned to continue its strong growth trajectory, and we are excited about being part of the future journey as investors together with new Danish and international institutional shareholders.”

    Information on HusCompagniet 

    HusCompagniet is a leading provider of single-family detached houses in Denmark. The Company’s core activity is the entire customer journey from inspiration, design, sale and delivery of customizable high-quality detached houses in Denmark to consumers, built on-site on customer-owned land. HusCompagniet also designs, sells and delivers semi-detached houses in Denmark to consumers and to professional investors, who either lease or sell the houses to end-users. HusCompagniet operates an asset light business model where almost all construction is outsourced to sub-contractors allowing for a flexible cost base. 

    The Group is also present in Sweden, where it operates through the VårgårdaHus brand, and where it produces prefabricated wood-framed detached houses in its factory in Vårgårda, which are sold by agents and finalized on-site on customer-owned land. 

    Based on a number of standardized house designs, HusCompagniet offers significant customization options for the customer; ensuring efficiency in the house building process while still providing a vast number of options to the customer. 

    The core market segment for detached houses in Denmark accounted for around 89% of HusCompagniet’s revenues in 2019 excluding discontinued operations (German and Swedish brick house activities closed down in September 2020). The semi-detached segment in Denmark accounted for around 5%, while the Swedish wood-framed detached houses accounted for the remaining 6%. 

    HusCompagniet delivered 1,400 houses in Denmark in 2019, of which 1,325 were detached houses and 75 were semi-detached houses, corresponding to a market share of approximately 24% of the detached-house new build market segment in Denmark (as measured by the number of new builds delivered in 2019). This leading position in the detached market segment is built on HusCompagniet’s constant focus on innovation and customer satisfaction with end-to-end turnkey houses delivered at the agreed time, at a fixed price and payable at delivery. 

    HusCompagniet has 16 offices with show rooms and more than 60 show houses throughout Denmark. In Sweden, HusCompagniet has 27 sales agents and sub-agents. At the end of September 2020, HusCompagniet had 437 employees. 

    Highlights and key strengths

    • Stable, growing core market with structural upsides
      • Stable volume of new build detached houses in Denmark, but still well below historical levels, combined with a huge pool of old houses with strong economics for teardown and rebuild projects. The Danish housing market is supported by the healthy Danish macroeconomic environment with a long track record of stable growth and low levels of government debt.
    • Market-leading house builder benefitting from brand, innovation and scale
      • Leading 24% market share in the Danish detached-house new-build market segment. HusCompagniet’s innovation, including the introduction and implementation of a range of new concepts focused on delivering a customer-centric, sustainable and professional end-to-end solution, underpins this leading market position.
    • Differentiated business model delivering value to all stakeholders
      • Combination of leading market position, customer-centric model and supplier relationships delivers a “win-win-win” proposition for all stakeholders, across customers, suppliers and sub-contractors, and HusCompagniet.
    • Customer-centric go-to-market approach providing an exceptional customer journey
      • One-stop shop with high customer engagement and extensive interaction through every step from providing an attractive house concept through to delivery and after-sales, ensuring every customer receives a seamless experience.
    • Asset-light and flexible delivery model
      • Almost all construction is outsourced to sub-contractors, allowing HusCompagniet to swiftly adapt costs to changes in the order backlog and reduce exposure to cyclicality. The standardized house concept ensures a streamlined and lean building process, while a high building volume allows for attractive terms and conditions with sub-contractors and suppliers.
      • This model is a key contributor to HusCompagniet yielding a ROIC of 61% on average between 2017 and 2019 (excluding discontinued operations) and low capital expenditure requirements, contributing to a cash conversion of 80% on average between 2017 and 2019 (before financing and tax, and excluding discontinued operations).
    • Accelerated growth from semi-detached B2B offering
      • Seizing the business-to-business opportunity in the fragmented semi-detached market through the implementation of a new, focused strategy, leveraging the existing HusCompagniet market position and asset-light delivery model. 

    Key financials 

    Over the past years, HusCompagniet has shown robust financial performance with growth in revenue and EBITA (adjusted for discontinued operations closed down in 2020). From 2017 to 2019, revenues excluding discontinued operations grew around 11% (CAGR) to DKK 3,496 million, while EBITA before special items excluding discontinued operations rose to around DKK 297 million in 2019 from around DKK 267 million in 2017. In the same period, HusCompagniet generated an average adjusted cash conversion of 80%. This strong performance continued in the nine months ending 30 September 2020 with revenues excluding discontinued operations and EBITA before special items excluding discontinued operations increasing by 3% and 5%, respectively, compared to the same period in 2019.

    Order backlog has been equivalent to approximately 65% of anticipated next year sales, providing for a high degree of visibility on future performance. 

    The table below summarizes the key financials for the nine months ending 30 September 2020 with comparative numbers for 2019 and for the financial years 2017, 2018 and 2019. 

    DKK million

    9M 2020

    9M 2019

    2019

    2018

    2017

    Revenue

    2,586

    2,506

    3,496

    3,095

    2,816

    Revenue growth

    3.2%

    -

    13.0%

    9.9%

    -

    Gross profit

    537

    498

    716

    671

    576

    EBITA before special items

    206

    196

    297

    295

    267

    EBITA before special items margin

    8.0%

    7.8%

    8.5%

    9.5%

    9.5%

    The numbers presented in the table are excluding discontinued operations (German and Swedish brick house activities closed down in September 2020) etc. compared to the previously published financial statements for 2019, 2018 and 2017. 

    Financial guidance and medium-term operational targets 

    For 2020, HusCompagniet targets revenues of DKK 3,550-3,600 million, EBITA before special items of approx. DKK 315 million and Operating Profit (EBIT) after special items of DKK 215-220 million (each excluding discontinued German and Swedish brick house activities closed down in September 2020). 

    For 2021, HusCompagniet targets revenues of DKK 3,800-4,150 million, EBITA before special items of DKK 350-360 million and Operating Profit (EBIT) of DKK 325-335 million. 

    In the medium-term, HusCompagniet has set the following operational targets:

    • Detached segment (Denmark) - Continued growth of its business in line with the detached market segment whilst maintaining strong margins.
    • Semi-detached segment (Denmark - Seize the attractive business-to-business opportunity in the semi-detached market segment, targeting a run-rate of 500 houses sold per year within three to five years.
    • Swedish segment - Drive profitable growth in the business. 

    Bank syndicate and Financial Advisor supporting the IPO  

    Citigroup Global Markets Limited, Danske Bank A/S and Nordea Danmark, Filial af Nordea Bank Abp, Finland have been appointed to act as Joint Global Coordinators and Joint Bookrunners in the contemplated offering. 

    N.M. Rothschild & Sons Limited (“Rothschild & Co”) is acting as Financial Advisor. 

    For additional information, please contact:

    HusCompagniet

    Martin Ravn-Nielsen, Group CEO

    Mads Dehlsen Winther, Group CFO

     

    Media enquiries

    Ulveman & Børsting

    Uffe Tang

    ut@ulvemanborsting.com

    +45 28 13 60 28                                                                                                                         

    Important notice

    This announcement does not constitute an offering circular or a prospectus as defined by Regulation (EU) No. 2017/1129 of 14 June 2017 and nothing herein contains an offering of securities. No one should purchase any securities in HusCompagniet A/S (the “Company”), except on the basis of information in any offering circular or prospectus published by the Company in connection with a potential offering and admission of such securities to trading and official listing on Nasdaq Copenhagen A/S. Copies of any such prospectus will, following publication be available from the Company's registered office and, subject to certain exceptions, on the website of the Company.   This announcement is not an offer to sell or a solicitation of any offer to buy any securities issued by the Company in any jurisdiction where such offer or sale would be unlawful and this announcement and the information contained herein are not for distribution or release, directly or indirectly, in or into such jurisdictions.   This announcement and the information contained herein are not for distribution in or into the United States of America (including its territories and possessions, any state of the United States of America and the District of Columbia) (the “United States”).  This announcement does not constitute, or form part of, an offer to sell, or a solicitation of an offer to purchase, any securities in the United States. The securities of HusCompagniet A/S have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) and may not be offered or sold within the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States. Any securities sold in the United States will be sold only to persons reasonably believed to be qualified institutional buyers (as defined in Rule 144A under the Securities Act) in reliance on Rule 144A under the Securities Act. In any member state of the European Economic Area (“EEA Member State”), other than Denmark, this announcement is only addressed to, and is only directed at, investors in that EEA Member State who fulfil the criteria for exemption from the obligation to publish a prospectus, including qualified investors, within the meaning of Regulation (EU) No. 2017/1129 of 14 June 2017. This announcement is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the UK Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) high net worth entities falling within Article 49(2)(a) – (d) of the Order (the persons described in (i) through (iii) above together being referred to as “relevant persons”).  The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons.  Any person who is not a relevant person should not act or rely on this announcement or any of its contents.   Citigroup Global Markets Limited, Danske Bank A/S and Nordea Danmark, Filial af Nordea Bank Abp, Finland (together, the “Managers”) and Rothschild & Co and/or the Managers’ and/or Rothschild & Co’s respective affiliates are acting exclusively for the Company and the selling shareholders and no-one else in connection with the potential offering. Managers and/or Rothschild & Co will not regard any other person as their respective clients in relation to the potential offering and will not be responsible to anyone other than the Company and the selling shareholders for providing the protections afforded to their respective clients, nor for providing advice in relation to the potential offering, the contents of this announcement or any transaction, arrangement and/or other matter referred to herein.   In connection with the potential offering, the Managers and any of their affiliates, acting as investors for their own accounts, may purchase shares and in that capacity may retain, purchase, sell, offer to sell, offer to sell or otherwise deal for their own accounts in such shares and other securities of the Company or related investments in connection with the potential offering or otherwise. Accordingly, references in the offering circular or prospectus, if published, to the shares being issued, offered, subscribed, acquired, placed or otherwise dealt in should be read as including any issue or offer to, or subscription, acquisition, placing or dealing by, such Managers and any of their affiliates acting as investors for their own accounts. The Managers do not intend to disclose the extent of any such investment or transactions otherwise than in accordance with any legal or regulatory obligations to do so.    Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and that can be identified by words such as “believe”, “expect”, “anticipate”, “intends”, “estimate”, “will”, “may”, “continue”, “should”, and similar expressions, as well as other statements regarding future events or prospects. Specifically, this announcement includes information with respect to projections, estimates and targets that also constitute forward-looking statements. The forward-looking statements in this announcement are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. Such risks, uncertainties and other important factors include, among others: general economic conditions and related policy frameworks; the ongoing COVID-19 pandemic; changes in mortgage lending or the interest rate environment; dependence on third-party suppliers, contractors and other service providers; competition; negative publicity; incorrectly estimated costs in relation to projects; failure to successfully implement strategies; building and design defects; risks relating to own land; cyberattacks; compliance and litigation related risks; liquidity constraints; healthy, safety and environmental risks; changes in law and regulation; and failure to obtain required permits and approvals. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations, projections, estimates and targets expressed or implied in this release by such forward-looking statements. The information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice.   Attachments
    • Download announcement as PDF.pdf
    English

    Neo Industrial Plc: Profitable growth

    January–September 2020

    • Neo Industrial group's turnover was EUR 86.7 million (72.9 million)
    • EBITDA was EUR 5.6 million (2.9 million)
    • The operating result was EUR 1.9 (-0.5) million
    • The Group's result for the period was EUR 0.2 (-1.7) million

    Near-term outlook remains the same: For the financial year 2020, Neo Industrial's net result is expected to be positive, provided that predominant conditions due COVID-19 pandemic will not substantially affect to the company's cable business capability to deliver.

    In the main market of cable business there is no instant significant change in the demand.

    The rubber business is expected to have positive EBITDA with prevailing market situation.

    MANAGING DIRECTOR JUKKA POUTANEN:

    The turnover of Reka Cables Ltd increased clearly from last year, even though COVID-19 pandemic restricted the growth during the second quarter of the year.

    The COVID -19 pandemic has not affected to the market demand in the cable business.

    EBITDA improved even though COVID-19 pandemic caused extra costs and delivery delays and price variations of aluminium and copper stressed the operating result. All together these decreased the operating result approximately EUR 0.5 - 0.8 million.

    The strong growth employed working capital and affected to the operating cash flow.

    As a result of the purchase of Reka Rubber, implemented in June, the company will form a new business, rubber industry, adjacent to cable industry. This is a transition from an investment company to an industrial conglomerate. At the preliminary purchase price allocation there is no goodwill. COVID-19 pandemic has affected on volumes in the rubber industry, but customer demand is recovering.

    The company has been preparing to change its name to Reka Industrial. An Extraordinary General Meeting will be convened in November to discuss the name change. A separate notice of the Extraordinary General Meeting will be published on 22nd of October 2020.

    Green Bond funded projects have been launched and new ones are under preparation. Investments have been made specially to the projects and development relating wind power and decreasing energy consumption. The first Green Bond investor letter was published in March.

    MAJOR EVENTS DURING JANUARY - SEPTEMBER

    Neo Industrial Plc’s subsidiary Reka Cables Ltd received in January 2020 a substantial contract for underground power cables from Scandinavia. The total value of the contract is approximately EUR 9 million. The deliveries will be made during 2020-2022.

    Neo Industrial Plc acquired in June 2020 all shares of Reka Rubber from the biggest shareholder of Neo Industrial, Reka Ltd. The purchase price, EUR 7.5 million, was paid in cash. According to the third-party expert fairness opinion, acquired by the independent committee of the Board of Directors, the price paid for the shares is fair from financial point of view for Neo Industrial Plc.

    On 24th of June 2020, the AGM approved the corporate acquisition of Reka Rubber and the acquisition was implemented after the AGM on 25th of June 2020. The financial figures of Reka Rubber were consolidated to the Group figures as of 30 June 2020 as there was no significant difference between implementation and end of June figures.

    As a result of purchase of Reka Rubber, implemented in June, the company will form new business, rubber industry, adjacent to cable industry. This is a transition from an investment company to an industrial conglomerate.

    The new Group is expected to benefit bigger size, different seasons of the businesses and sharing best practices. Different seasons of the businesses lessens the effects of seasonal fluctuations to the result of the company.

    Figures in brackets refer to the same period a year earlier, unless otherwise stated. Interim report is unaudited.

    KEY FIGURES

    1-9/2020

    1-9/2019

    1-12/2019

    Turnover, EUR million

    86.7

    72.9

    97.5

    Operating result, EUR million

    1.9

    -0.5

    0.5

    EBITDA, EUR million

    5.6

    2.9

    4.9

    Result for the period, EUR million

    0.2

    -1.7

    -1.4

    Earnings per share, EUR

    0.03

    -0.29

    -0.24

    Net cash provided by operating activities, EUR million

    0.3

    3.3

    7.8

    COVID-19

    The COVID-19 pandemic has not affected to the market demand in the cable business. However, COVID-19 pandemic restricted the growth during the second quarter of the year. COVID-19 has caused additional costs and delivery delays as personnel has been more than usual on sick leave to eliminate the possible infection risk. The additional costs due COVID-19 pandemic is estimated to stress operating result of cable business EUR 0.4 - 0.7 million.

    In rubber business the COVID-19 pandemic has affected the customer demand. The volumes of part of the customers have been lower than usual due to whether the market demand of the customer, delivery problems of other suppliers, temporal closing of factories or combination of these factors.

    COVID-19 pandemic has not significantly affected to the material procurement of cable nor rubber businesses. So far COVID-19 pandemic has not affected to the payment behaviour of the customers.

    SEGMENTS                                           

    Neo Industrial's business segments are the cable industry and the rubber industry.

    CABLE INDUSTRY

    The Cable Industry's turnover for the review period was EUR 82.3 million (72.9). The operating result was EUR 6.4 million (3.9).

    Reka Cables Ltd's domestic sales volumes increased compared to previous year. Also, the export sales volumes increased.

    The industry's key raw materials are copper, aluminum and plastics. During January - September the price variations of copper and aluminium have been significant.

    At the beginning of the year the price of copper was EUR 5,481 per tonne and the price of aluminium was EUR 1,603 per tonne. At the end of the September the price of copper was EUR 5,646 per tonne and the price of aluminum EUR 1,484 per tonne.

    At its highest point, the daily price of copper during the review period was EUR 5,796 per tonne in September, and at its lowest in March, at EUR 4,283 per tonne. The price of aluminium has been at its highest in January, when it was EUR 1,631 per tonne, and its lowest in April, when it was EUR 1,308 per tonne.

    Turnover for Nestor Cables Ltd, an associated company, in January-September 2020 was EUR 27.3 million (26.3). The operating result was positive and improved from previous year. The company’s equity turned positive and therefore the result of EUR 0.4 million has been included in the consolidated income statement and in holdings in associated in the consolidated balance sheet.

    RUBBER INDUSTRY

    The financial figures of Reka Rubber were consolidated to the Group figures as of 30 June 2020. The Rubber Industry's turnover for the period was EUR 4.4 million and the operating result was EUR 0.1 million. EBITDA is burdened by EUR 0.1 million by items related to the acquisition of Reka Rubber.

    The COVID-19 pandemic has affected volumes in the rubber industry. Customers' production facilities have now mainly opened.

    FINANCIAL POSITION

    At the end of the review period, the balance sheet totalled at EUR 73.4 million. On 31 December 2019 the balance sheet totalled at EUR 58.9 million.

    Neo Industrial Plc acquired in June 2020 all shares of Reka Rubber. The purchase price, EUR 7.5 million, was paid in cash. The acquisition was financed with a bank loan of EUR 7.5 million. The financial figures of Reka Rubber were consolidated to the Group figures as of 30 June 2020.

    On September 30, 2020, the Group's interest-bearing loans excluding IFRS 16 leases were EUR 25.6 million. Of these loans, EUR 19.9 million is non-current loans.

    PERSONNEL

    In January-September 2020, the Group employed an average of 343 (247) people. At the end of the review period, the personnel of the Group was 496 (246) employees.

    RISKS AND UNCERTAINTY FACTORS

    Neo Industrial’s financial risks include currency, interest rate, commodity, liquidity, credit and investment risks. Financial risks and the related protection measures are described in more detail in notes to the financial statements. The company’s future risk factors are related to the development of its business segments.

    In the cable segment, the most significant risks are related to market development, fluctuations of raw material prices and currencies as well as working capital management in various situations. During considerable seasonal changes, suppliers’ terms of payment effect significantly on the ability to ensure competitive delivery times through sufficient inventories. Also, operation models are being developed in order to balance out the effects of seasonal changes on the load rates of factories. In cable business, COVID -19 pandemic has caused extra costs and delivery delays. It is difficult to estimate the effect of the pandemic for the future. The additional costs are expected to have also in the second half of the year.

    In the cable segment the key raw materials are metals (copper and aluminium) and plastics. In the metals purchases partial price hedging is used with the aid of commodity derivatives. Important with metals are the development of both the dollar-denominated price and the USD / EUR exchange rate. Partial price fixing is used with electricity.

    The financial situation in euro area and political uncertainties may have effect on purchase amount of the customers in rubber business as well to the start of new projects. COVID-19 pandemic has affected to the purchase amount of customers and it is difficult to estimate the effect of pandemic for the future. COVID-19 pandemic is expected to have negative effect on purchase amounts of the customers also in the second half of the year. Due COVID-19 pandemic the rubber business got EUR 100 thousand support from Business Finland to develop its products, marketing and competitiveness. The development measures are under way.

    The trade sanctions of USA increase of customs tariffs for the products as well Brexit can have negative effect on customer volumes in rubber industry. Also, the increased competition by Asian actors in euro area can have effect on customer´s purchase decisions.

    The Group has carried out and is carrying out the simplifications of the Group structure with mergers. Tax authority has questioned the tax neutrality of the subsidiary merge carried out in 2015. Neo Industrial has filed for changes in its tax assessment notice. Neo Industrial has the opinion that the merge is universal succession and therefore tax neutral. The difference of opinion of the Neo Industrial and tax authority is EUR 1.2 million.

    MAJOR EVENTS AFTER THE REVIEW PERIOD

    There have not been any major events after the review period.

    NEAR-TERM OUTLOOK

    For the financial year 2020, Neo Industrial's net result is expected to be positive, provided that predominant conditions due COVID-19 pandemic will not substantially affect to the company's capability to deliver.

    In the main market are of cable business there is no instant significant change in the demand.

    The rubber business is expected to have positive EBITDA with prevailing market situation.

    Hyvinkää, 22 October 2020

     

    Neo Industrial PlcBoard of Directors

    Further information:

    Jukka Poutanen, Managing Director, tel. +358 40 833 9007

    Disclaimer

    All comments in this report that do not refer to actual facts are future estimates. Such estimates include expectations concerning market trends, growth and profitability as well as statements including the words "believe", "assume" or "will be" or a similar expression. Since these estimates are based on current plans and estimates, they involve risks and uncertainty factors that may cause the actual results to differ substantially from current statements.Among other things, such factors include 1) operating conditions, such as continued success in production and the ensuing efficiency benefits, availability and cost of production inputs, demand for new products and changes in circumstances affecting the acquisition of capital under acceptable conditions; 2) sector-specific circumstances, such as the intensity of demand for products, the competition, current and future market prices for the Group’s products and related pricing pressures, the financial situation of the Group’s customers and competitors and competitors’ possible new products; and 3) the general economic situation, such as economic growth in the Group’s main market areas and change in exchange rates and interest rates.Figures in brackets refer to the same period a year earlier, unless otherwise stated.

    About Neo Industrial Oyj

    Neo Industrial Plc is a Finnish company, that focuses on building a sustainable future by developing and renewing modern society. We own emerging private companies in the industrial sector, to whom we are a long-term and responsible partner. As a conglomerate, we create opportunities responsibly for a smart and energy-efficient society. Neo Industrial Plc's class B shares are listed on the main list of NASDAQ Helsinki Stock Exchange.

    Attachments
    • Download announcement as PDF.pdf
    English, Finnish

    StrongPoint ASA: Solid performance continues with 3rd quarter 2020 results

    (Oslo, Norway, 22 October 2020) StrongPoint ASA (StrongPoint, OSE: STRONG) reported revenues of NOK 282.8 million in the third quarter of 2020, up from NOK 237.3 million in the same quarter in 2019. The EBITDA almost doubled to NOK 34.5 million (17.8). StrongPoint's Retail Technology business area continued a strong performance in the quarter with a revenue growth of 14 %.

    “As COVID-19 continues to impact the world economy and society at large, our key focus is safeguarding our employees, customers and business. World-wide the need for retail technology to make shopping both more efficient and safer continues to grow. Financially, the surge in demand for retail technology positively impacted our third quarter of 2020 and our focus grocery retail market continues to be a source of immediate and long-term value creation.” says Jacob Tveraabak, Chief Executive Officer of StrongPoint.  

    StrongPoint reported revenues of NOK 282.8 million (237.3) in the third quarter of 2020 and an EBITDA of 34.5 million (17.8). Retail Technology delivered a growth of 14 % compared to same quarter last year, Labels delivered a growth of 3 %, and the volatile Cash Security business grew by 61 %. Reported operating profit (EBIT) was NOK 22.7 million, up from NOK 5.5 million in the corresponding quarter in 2019, while the cash flow from operating activities ended at NOK 35.4 million (0.1). The company had disposable funds of NOK 116.5 million at the end of the quarter. 

    “Our Norwegian and Swedish Retail Technology operations have shown very strong performance with around 40 % top-line growth, which is unprecedented. The demand for our e-commerce logistics solutions continues to be strong and the e-commerce business constituted 10 % of StrongPoint’s total revenue in Q3, up from 5 % as a whole in 2019. More importantly our solutions are getting attention from some of the world’s premier grocery retail companies,” Tveraabak continues. 

    In a strategy update session in the first quarter of 2020, StrongPoint outlined the strategy and ambitions for the company towards 2025. As a foundation for creating shareholder value, the growth strategy is based on profitable and organic growth, cost control and a solid balance sheet, targeting revenues of NOK 2.5 billion and EBITDA margins of 13-15% in 2025 

    “The COVID-19 pandemic has resulted in a substantial increase in demand for e-commerce solutions. That, combined with the new precautionary in-store safety measures, point to long-lasting changes in customer behavior. With our world-class solutions and outstanding customer service, I continue to believe we have all the reasons to be optimistic about achieving our strategic ambitions,” Tveraabak concludes. 

    StrongPoint ASA will present the financial results for the third quarter of 2020 at 08:15 CET Thursday 22 October 2020. The presentation will be streamed live and can be followed at the company website. The extraordinary general meeting will be held digitally at 09:00, link to the meeting can be found at www.strongpoint.com/investor. 

    EBITDA and other alternative performance measures (APMs) are defined and reconciled to the IFRS financial statements on page 22 in the attached quarterly report.  

    Disclaimer

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

    Contacts
    • Hilde Horn Gilen, CFO StrongPoint ASA, +47 920 60 158, hilde.gilen@strongpoint.com
    About StrongPoint

    StrongPoint is driving productivity for European retailers by providing innovative, integrated technology solutions for multi-channel retailing based on long-standing relationships with customers and partners. StrongPoint is also a leader in IBNS solutions for Cash-In-Transit (Cash Security), and Labels for customers in Norway and Sweden. StrongPoint offers best-in-class service and consultancy expertise through its team of 521 employees in Norway, Sweden, the Baltics, France, Belgium, Spain and Russia. StrongPoint is headquartered in Rælingen, Norway, and listed on the Oslo Stock Exchange (ticker: STRONG).

    Attachments
    • Download announcement as PDF.pdf
    • StrongPoint Q3 2020 report screen.pdf
    • StrongPoint Q3 2020 report print.pdf
    • StrongPoint Q3 2020 presentation.pdf
    English

    StrongPoint ASA: Presentation of results 3rd quarter 2020 and Extraordinary general meeting

    StrongPoint ASA will publish its financial results for the third quarter 2020 on Thursday 22 October 2020 at 07:00 am CET. The presentation will be broadcasted on webcast at 08:15 am CET.

    The Company's extraordinary general meeting will follow the third quarter presentation, starting at 09:00 am CET. The extraordinary general meeting will be broadcasted on webcast.

    The link to the webcasts can be found on StrongPoint's website.

    Disclaimer

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

    Contacts
    • Hilde Horn Gilen, CFO, +47 920 60 158, hilde.gilen@strongpoint.com
    About StrongPoint

    StrongPoint is driving productivity for European retailers by providing innovative, integrated technology solutions for multi-channel retailing based on long-standing relationships with customers and partners. StrongPoint is also a leader in IBNS solutions for Cash-In-Transit (Cash Security), and Labels for customers in Norway and Sweden. StrongPoint offers best-in-class service and consultancy expertise through its team of 521 employees in Norway, Sweden, the Baltics, France, Belgium, Spain and Russia. StrongPoint is headquartered in Rælingen, Norway, and listed on the Oslo Stock Exchange (ticker: STRONG).

    Attachments
    • Download announcement as PDF.pdf
    English

    Rettelse: SELSKABSMEDDELELSE nr. 1- 21-10-2020

    Dataproces Group A/S søger om optagelse på Nasdaq First North Growth Market Denmark

    Nibe, 21. oktober 2020

    MÅ IKKE OFFENTLIGGØRES, DISTRIBUERES ELLER UDLEVERES HELT ELLER DELVIST, DIREKTE ELLER INDIREKTE, I ELLER TIL USA, AUSTRALIEN, CANADA ELLER JAPAN.

    Denne meddelelse udgør ikke et udbudsdokument. Ingen person bør købe eller tegne aktier i Dataproces Group A/S ("Dataproces Group" eller "Selskabet"), medmindre dette sker på grundlag af oplysningerne i den virksomhedsbeskrivelse, Selskabet har offentliggjort i forbindelse med udbuddet og optagelse af aktier til handel på Nasdaq First North Growth Market Denmark. Virksomhedsbeskrivelsen er tilgængelig på Selskabets hjemmeside.

    Dataproces Group, der har specialiseret sig i salg af SaaS produkter (administrative robotter) samt dataanalyser til landets kommuner, offentliggør i dag virksomhedsbeskrivelse med detaljer om udbuddet af nye aktier og planerne for Selskabets aktiers efterfølgende optagelse til handel på Nasdaq First North Growth Market Denmark.

            

    Highlights:

    • Efter gennemførelsen af udbuddet vil Dataproces Groups samlede markedsværdi – afhængig af antallet af tegnede aktier - være på mellem DKK 148,0 mio. og DKK 152 mio.
    • Gennemførelsen af udbuddet vil tilføre Dataproces Group et bruttoprovenu på DKK 23 - 27 mio.
    • 59 investorer har forhåndstegnet aktier for et samlet tegningsbeløb på i alt DKK 10,9 mio.
    • Der udbydes nye aktier samt mulighed for at sælge yderligere 1.600.000 eksisterende aktier til en værdi af DKK 8 mio.
    • Tegningskursen er DKK 5,00 pr. aktie med en nominel værdi på DKK 0,02.
    • Tegningsperioden løber fra fredag d. 23. oktober 2020 til torsdag d. 5. november 2020.
    • Offentliggørelse af resultatet af udbuddet forventes at ske d. 6. november 2020, og første handelsdag forventes at blive d. 13. november 2020.

            

    Dataproces Group producerer SaaS- og data-løsninger til landets kommuner. Dataproces går nu på børsen - og som privatinvestor er du inviteret med på den kommende vækstrejse.

    Dataproces har siden 2011 opbygget en kundebase på 76 ud af 98 danske kommuner. Selskabet har de sidste syv år udviklet software-løsninger, build-on applikationer og moduler – og flere er i pipelinen. Med indgående specialistviden kombineres økonomi og jura med moderne programmering til Gov-tech og Legal-tech. Det gør, at Dataproces kan tilbyde unikke IT-løsninger på komplekse og administrative udfordringer med meget store mængder data.

    Nu skal succesen fortsættes, og derfor er det hensigten, at Dataproces’ aktier skal optages til handel på Nasdaq First North Growth Market Denmark. Hermed kan alle danske private investorer med få klik komme med på Selskabets vækstrejse, der bygger på tre fokusområder: Udvikling, salg og ekspansion. 

    Som aktionær i Dataproces står man med en sund investeringscase, der understøttes af den generelle markedsudvikling og digitaliseringsbølge. Med ny kapital ønsker Dataproces samtidig at styrke salgsteamet og fokus på software-produkter (SaaS), så toplinjen øges markant. Slutteligt ønsker Selskabet at anvende en del af den hentede kapital til at bane vej ind til nye markeder.

    Med udgangspunkt i den nyeste teknologi, viden og datasikkerhed vil Dataproces derfor hjælpe kunder med at øge deres effektivitet og performance, så vi sammen kan skabe værdi med data og styrke den digitale infrastruktur.

     

    Kjartan Jensen, CEO i Dataproces, udtaler:

    ”Siden vores beslutning om at søge en børsnotering har vi fået meget positiv respons både fra kunder, potentielle investorer og fra hele teamet i Dataproces, der har arbejdet hårdt for, at vi kunne komme hertil. Jeg er især glad for den opbakning, som vi har fået fra 59 investorer, der har givet forhåndstilsagn om køb af aktier.

    Vi er lykkedes med at etablere Dataproces som en stærk spiller på det kommunale marked. Nu skal vi videre i vækst og med en børsnotering får vi muligheden for at udvikle Selskabet yderligere til gavn for både brugere, vores nuværende og kommende kunder, teamet samt for aktionærerne.”

     

    Hans Christian Maarup, Bestyrelsesformand, udtaler:

    ”Den planlagte børsnotering er et vigtigt næste skridt i Dataproces’ udvikling. Med børsnoteringen får Selskabet et stærkere fundament til fortsat udvikling af SaaS-løsninger til det offentlige samt et stærkere og mere professionelt salgs- og support set-up.  Det styrker vores muligheder for at vokse som leverandører af SaaS-løsninger til det offentlige marked, som er et marked, der forventes at vokse markant de kommende år.”

     

    Virksomhedsbeskrivelse og informationsmøderVirksomhedsbeskrivelse inklusive tegningsblanket samt yderligere information er tilgængelig på Dataproces’ hjemmeside www.dataproces.dk/investor.

    Der er mulighed for at møde Dataproces’ ledelse på 8 virtuelle investormøder i perioden fra d. 23. oktober til d. 4. november 2020.

    Tilmelding til investormøder sker på www.dataproces.dk/investor

    Investormøderne afholdes i samarbejde med:

    • Dansk Aktionærforening, en interesseorganisation for aktionærer og investorer, v/Mikael Bak.
    • Ophelia Invest, et online investerings-community for kvinder, v/Sara Møss.
    • Proinvestor v/Helge Larsen.
    • dk, en digital bank for online investering.
    • Keystones v/Kenneth Larsen og Jan Rosenbom.
    • Mette Walsted Vestergaard.
    • dk, online investor platform, v/Steen Møller Jensen.

     

    Detaljer om udbuddet og optagelsen til handel

    • Udbudsperiode: 23. oktober 2020 kl. 9.00 – 5. november 2020 kl. 23:59.
    • Udbudskurs: DKK 5,00 pr. aktie á nominelt DKK 0,02.
    • Antal aktier inden udbuddet: 25.009.000 aktier á nominelt DKK 0,02.
    • Markedsværdien: Baseret på udbudskursen er markedsværdien af Selskabet DKK 125,045 mio. før gennemførelsen af udbuddet af nye aktier.
    • Nye aktier: Udbuddet omfatter maksimalt 5.400.000 styk nye aktier, hvilket vil give Selskabet et bruttoprovenu på DKK 27 mio. Minimumsudbuddet er på 4.600.000 styk nye aktier, hvilket vil give Selskabet et bruttoprovenu på DKK 23 mio. Hvis der ikke tegnes 4.600.000 styk nye aktier, svarende til minimumsudbuddet, vil udbuddet ikke blive gennemført, og Selskabets aktier vil ikke blive optaget til handel på Nasdaq First North Growth Market Denmark.
    • I tilfælde af overtegning kan eksisterende hovedaktionær Morten Lindblad ApS sælge yderligere eksisterende op til 1.600.000 aktier til værdi af DKK 8 mio. i forbindelse med udbuddet.
    • Bindende forhåndstilsagn: 59 investorer har afgivet bindende forhåndstilsagn for et samlet tegningsbeløb på DKK 10,9 mio.
    • Lock-up: De to stiftere er underlagt lock-up (salgsbegrænsninger) i forhold til hele deres aktiebeholdning i Dataproces Group i en periode på op til 12 måneder regnet fra og med første handelsdag. De øvrige eksisterende aktionærer er underlagt en lock-up i en periode fra 1-5 måneder.
    • Afgivelse af tegningsordrer: De nye aktier kan tegnes ved afgivelse af elektronisk tegningsordre via investors eget kontoførende pengeinstitut, gennem salgsagenten Nordnet.dk eller ved indlevering af tegningsblanket til investors eget kontoførende pengeinstitut. Der skal minimum tegnes 760 styk aktier, svarende til et minimumtegningsbeløb på DKK 3.800 pr. tegningsordre.
    • Offentliggørelse af resultatet af udbuddet forventes at ske d. 6. november 2020.
    • ISIN-kode: Selskabet har én aktieklasse. De nye aktier vil blive leveret i en midlertidig ISIN-kode DK0061408317. Den midlertidige ISIN-kode, som ikke er søgt optaget til handel, forventes at blive sammenlagt med den permanente ISIN-kode DK006140408580 d. 16. november 2020, dvs. dagen efter første handelsdag.
    • Symbol: Aktierne vil blive søgt optaget til handel under symbolet ”DATA”.
    • Optagelse til handel: De nye og eksisterende aktier er godkendt til optagelse til handel på Nasdaq First North Growth Market Denmark på betingelse af, at det påtænkte udbud gennemføres, og at Nasdaq First North Growth Market Denmarks krav til aktionærspredning og free float efter udbuddets gennemførelse er opfyldt.
    • Første handelsdag for aktierne på Nasdaq First North Growth Market Denmark forventes at blive d. 13. november 2020.
    • Certified Adviser: Norden CEF ApS.
    • Afviklingsagent: SPAR NORD BANK A/S.

     

    For yderligere oplysninger:

    Dataproces Group:CEO Kjartan JensenTlf: +45 40 35 73 99E-mail: k@dataproces.dk

    Certified Advisor:John Norden, Norden CEF ApSTlf: +45 20 72 02 00www.nordencef.dk

    Vigtig information

    Denne meddelelse udgør ikke en virksomhedsbeskrivelse eller prospekt. Ingen person bør købe eller tegne aktier i Dataproces Group A/S, medmindre dette sker på grundlag af oplysningerne i den virksomhedsbeskrivelse, Dataproces Group har offentliggjort i forbindelse med udbuddet og optagelse af aktier til handel på Nasdaq First North Groth Market Denmark. Virksomhedsbeskrivelsen er tilgængelig på Selskabets hjemmeside.

    Denne meddelelse udgør ikke et tilbud om at sælge eller en opfordring til at tilbyde at købe aktier udstedt af Selskabet i nogen jurisdiktion, hvor et sådant tilbud eller salg ville være ulovligt, og meddelelsen og oplysningerne heri må hverken direkte eller indirekte distribueres eller offentliggøres i eller til sådanne jurisdiktioner.

    Udbuddet gennemføres i henhold til dansk ret og de nye aktier udbydes kun i Danmark. Forhold, der behandles i denne meddelelse, kan udgøre fremadrettede udsagn, der ikke udgør historiske kendsgerninger. De fremadrettede udsagn i denne meddelelse er baseret på en række forudsætninger, hvoraf en stor del er baseret på yderligere forudsætninger. Selvom Dataproces Group vurderer, at disse forudsætninger var rimelige, da de blev foretaget, er de i sagens natur forbundet med betydelige kendte og ukendte risici, usikkerheder, uforudsete hændelser og andre væsentlige forhold, der er vanskelige eller umulige at forudsige eller uden for virksomhedens kontrol. Sådanne risici, usikkerheder, uforudsete hændelser og andre væsentlige forhold kan medføre, at de faktiske begivenheder afviger væsentligt fra de forventninger, der er udtrykt eller underforstået i forbindelse med de fremadrettede udsagn i denne meddelelse. De oplysninger, synspunkter og fremadrettede udsagn, der er indeholdt i denne meddelelse, er kun gældende pr. datoen for denne meddelelses offentliggørelse og kan ændres uden varsel.

    Kontakter
    • Kjartan Jensen, Adm. Direktør, 41210501, K@Dataproces.dk
    Om Dataproces Group A/S

    Dataproces er en dansk SaaS- og datavirksomhed med speciale i løsninger målrettet landets kommuner og deres digitale administration. Løsningerne spænder bredt. Fra robotteknologi og SaaS, over dataanalyser til sparring og rådgivning. Udgangspunktet og formålet er dog altid det samme: At bruge data til at skabe ny viden, smartere processer og øget effektivitet til gavn for både borger og kommune.At skabe værdi med data kræver kompetencer inden for næsten alle facetter af den kommunale organisation og forvaltning – i respekt for de mange regler, krav og hensyn, der omgiver en kommune. Det betyder, at den gode løsning er tværfaglig og findes i samarbejdet mellem det operationelle, økonomiske, juridiske og digitale. I Dataproces sætter vi en dyd i at arbejde tværfagligt, og at alle vores fagligheder, eksperter og teknologier er i spil i et hvert samarbejde. Dataproces – vi skaber værdi med data!

    Vedhæftninger
    • Download selskabsmeddelelse.pdf
    • Virksomhedsbeskrivelse - Dataproces.pdf
    • Viksomhedsbrochure - Dataproces.pdf
    • Selskabsmeddelelse nr 1 Dataproces 21. oktober 2020.pdf
    Original meddelelse
    • SELSKABSMEDDELELSE nr. 1- 21-10-2020
    Danish

    SELSKABSMEDDELELSE nr. 1- 21-10-2020

    Dataproces Group A/S søger om optagelse på Nasdaq First North Growth Market Denmark

    Nibe, 21. oktober 2020

    MÅ IKKE OFFENTLIGGØRES, DISTRIBUERES ELLER UDLEVERES HELT ELLER DELVIST, DIREKTE ELLER INDIREKTE, I ELLER TIL USA, AUSTRALIEN, CANADA ELLER JAPAN.

    Denne meddelelse udgør ikke et udbudsdokument. Ingen person bør købe eller tegne aktier i Dataproces Group A/S ("Dataproces Group" eller "Selskabet"), medmindre dette sker på grundlag af oplysningerne i den virksomhedsbeskrivelse, Selskabet har offentliggjort i forbindelse med udbuddet og optagelse af aktier til handel på Nasdaq First North Growth Market Denmark. Virksomhedsbeskrivelsen er tilgængelig på Selskabets hjemmeside.

    Dataproces Group, der har specialiseret sig i salg af SaaS produkter (administrative robotter) samt dataanalyser til landets kommuner, offentliggør i dag virksomhedsbeskrivelse med detaljer om udbuddet af nye aktier og planerne for Selskabets aktiers efterfølgende optagelse til handel på Nasdaq First North Growth Market Denmark.

            

    Highlights:

    • Efter gennemførelsen af udbuddet vil Dataproces Groups samlede markedsværdi – afhængig af antallet af tegnede aktier - være på mellem DKK 148,0 mio. og DKK 152 mio.
    • Gennemførelsen af udbuddet vil tilføre Dataproces Group et bruttoprovenu på DKK 23 - 27 mio.
    • 59 investorer har forhåndstegnet aktier for et samlet tegningsbeløb på i alt DKK 10,9 mio.
    • Der udbydes nye aktier samt mulighed for at sælge yderligere 1.600.000 eksisterende aktier til en værdi af DKK 8 mio.
    • Tegningskursen er DKK 5,00 pr. aktie med en nominel værdi på DKK 0,02.
    • Tegningsperioden løber fra fredag d. 23. oktober 2020 til torsdag d. 5. november 2020.
    • Offentliggørelse af resultatet af udbuddet forventes at ske d. 6. november 2020, og første handelsdag forventes at blive d. 13. november 2020.

            

    Dataproces Group producerer SaaS- og data-løsninger til landets kommuner. Dataproces går nu på børsen - og som privatinvestor er du inviteret med på den kommende vækstrejse.

    Dataproces har siden 2011 opbygget en kundebase på 76 ud af 98 danske kommuner. Selskabet har de sidste syv år udviklet software-løsninger, build-on applikationer og moduler – og flere er i pipelinen. Med indgående specialistviden kombineres økonomi og jura med moderne programmering til Gov-tech og Legal-tech. Det gør, at Dataproces kan tilbyde unikke IT-løsninger på komplekse og administrative udfordringer med meget store mængder data.

    Nu skal succesen fortsættes, og derfor er det hensigten, at Dataproces’ aktier skal optages til handel på Nasdaq First North Growth Market Denmark. Hermed kan alle danske private investorer med få klik komme med på Selskabets vækstrejse, der bygger på tre fokusområder: Udvikling, salg og ekspansion. 

    Som aktionær i Dataproces står man med en sund investeringscase, der understøttes af den generelle markedsudvikling og digitaliseringsbølge. Med ny kapital ønsker Dataproces samtidig at styrke salgsteamet og fokus på software-produkter (SaaS), så toplinjen øges markant. Slutteligt ønsker Selskabet at anvende en del af den hentede kapital til at bane vej ind til nye markeder.

    Med udgangspunkt i den nyeste teknologi, viden og datasikkerhed vil Dataproces derfor hjælpe kunder med at øge deres effektivitet og performance, så vi sammen kan skabe værdi med data og styrke den digitale infrastruktur.

     

    Kjartan Jensen, CEO i Dataproces, udtaler:

    ”Siden vores beslutning om at søge en børsnotering har vi fået meget positiv respons både fra kunder, potentielle investorer og fra hele teamet i Dataproces, der har arbejdet hårdt for, at vi kunne komme hertil. Jeg er især glad for den opbakning, som vi har fået fra 59 investorer, der har givet forhåndstilsagn om køb af aktier.

    Vi er lykkedes med at etablere Dataproces som en stærk spiller på det kommunale marked. Nu skal vi videre i vækst og med en børsnotering får vi muligheden for at udvikle Selskabet yderligere til gavn for både brugere, vores nuværende og kommende kunder, teamet samt for aktionærerne.”

     

    Hans Christian Maarup, Bestyrelsesformand, udtaler:

    ”Den planlagte børsnotering er et vigtigt næste skridt i Dataproces’ udvikling. Med børsnoteringen får Selskabet et stærkere fundament til fortsat udvikling af SaaS-løsninger til det offentlige samt et stærkere og mere professionelt salgs- og support set-up.  Det styrker vores muligheder for at vokse som leverandører af SaaS-løsninger til det offentlige marked, som er et marked, der forventes at vokse markant de kommende år.”

     

    Virksomhedsbeskrivelse og informationsmøderVirksomhedsbeskrivelse inklusive tegningsblanket samt yderligere information er tilgængelig på Dataproces’ hjemmeside www.dataproces.dk/investor.

    Der er mulighed for at møde Dataproces’ ledelse på 8 virtuelle investormøder i perioden fra d. 23. oktober til d. 4. november 2020.

    Tilmelding til investormøder sker på www.dataproces.dk/investor

    Investormøderne afholdes i samarbejde med:

    • Dansk Aktionærforening, en interesseorganisation for aktionærer og investorer, v/Mikael Bak.
    • Ophelia Invest, et online investerings-community for kvinder, v/Sara Møss.
    • Proinvestor v/Helge Larsen.
    • dk, en digital bank for online investering.
    • Keystones v/Kenneth Larsen og Jan Rosenbom.
    • Mette Walsted Vestergaard.
    • dk, online investor platform, v/Steen Møller Jensen.

     

    Detaljer om udbuddet og optagelsen til handel

    • Udbudsperiode: 23. oktober 2020 kl. 9.00 – 5. november 2020 kl. 23:59.
    • Udbudskurs: DKK 5,00 pr. aktie á nominelt DKK 0,02.
    • Antal aktier inden udbuddet: 25.009.000 aktier á nominelt DKK 0,02.
    • Markedsværdien: Baseret på udbudskursen er markedsværdien af Selskabet DKK 125,045 mio. før gennemførelsen af udbuddet af nye aktier.
    • Nye aktier: Udbuddet omfatter maksimalt 5.400.000 styk nye aktier, hvilket vil give Selskabet et bruttoprovenu på DKK 27 mio. Minimumsudbuddet er på 4.600.000 styk nye aktier, hvilket vil give Selskabet et bruttoprovenu på DKK 23 mio. Hvis der ikke tegnes 4.600.000 styk nye aktier, svarende til minimumsudbuddet, vil udbuddet ikke blive gennemført, og Selskabets aktier vil ikke blive optaget til handel på Nasdaq First North Growth Market Denmark.
    • I tilfælde af overtegning kan eksisterende hovedaktionær Morten Lindblad ApS sælge yderligere eksisterende op til 1.600.000 aktier til værdi af DKK 8 mio. i forbindelse med udbuddet.
    • Bindende forhåndstilsagn: 59 investorer har afgivet bindende forhåndstilsagn for et samlet tegningsbeløb på DKK 10,9 mio.
    • Lock-up: De to stiftere er underlagt lock-up (salgsbegrænsninger) i forhold til hele deres aktiebeholdning i Dataproces Group i en periode på op til 12 måneder regnet fra og med første handelsdag. De øvrige eksisterende aktionærer er underlagt en lock-up i en periode fra 1-5 måneder.
    • Afgivelse af tegningsordrer: De nye aktier kan tegnes ved afgivelse af elektronisk tegningsordre via investors eget kontoførende pengeinstitut, gennem salgsagenten Nordnet.dk eller ved indlevering af tegningsblanket til investors eget kontoførende pengeinstitut. Der skal minimum tegnes 760 styk aktier, svarende til et minimumtegningsbeløb på DKK 3.800 pr. tegningsordre.
    • Offentliggørelse af resultatet af udbuddet forventes at ske d. 6. november 2020.
    • ISIN-kode: Selskabet har én aktieklasse. De nye aktier vil blive leveret i en midlertidig ISIN-kode DK0061408317. Den midlertidige ISIN-kode, som ikke er søgt optaget til handel, forventes at blive sammenlagt med den permanente ISIN-kode DK006140408580 d. 16. november 2020, dvs. dagen efter første handelsdag.
    • Symbol: Aktierne vil blive søgt optaget til handel under symbolet ”DATA”.
    • Optagelse til handel: De nye og eksisterende aktier er godkendt til optagelse til handel på Nasdaq First North Growth Market Denmark på betingelse af, at det påtænkte udbud gennemføres, og at Nasdaq First North Growth Market Denmarks krav til aktionærspredning og free float efter udbuddets gennemførelse er opfyldt.
    • Første handelsdag for aktierne på Nasdaq First North Growth Market Denmark forventes at blive d. 6. november 2020.
    • Certified Adviser: Norden CEF ApS.
    • Afviklingsagent: SPAR NORD BANK A/S.

     

    For yderligere oplysninger:

    Dataproces Group:CEO Kjartan JensenTlf: +45 40 35 73 99E-mail: k@dataproces.dk

    Certified Advisor:John Norden, Norden CEF ApSTlf: +45 20 72 02 00www.nordencef.dk

    Vigtig information

    Denne meddelelse udgør ikke en virksomhedsbeskrivelse eller prospekt. Ingen person bør købe eller tegne aktier i Dataproces Group A/S, medmindre dette sker på grundlag af oplysningerne i den virksomhedsbeskrivelse, Dataproces Group har offentliggjort i forbindelse med udbuddet og optagelse af aktier til handel på Nasdaq First North Groth Market Denmark. Virksomhedsbeskrivelsen er tilgængelig på Selskabets hjemmeside.

    Denne meddelelse udgør ikke et tilbud om at sælge eller en opfordring til at tilbyde at købe aktier udstedt af Selskabet i nogen jurisdiktion, hvor et sådant tilbud eller salg ville være ulovligt, og meddelelsen og oplysningerne heri må hverken direkte eller indirekte distribueres eller offentliggøres i eller til sådanne jurisdiktioner.

    Udbuddet gennemføres i henhold til dansk ret og de nye aktier udbydes kun i Danmark. Forhold, der behandles i denne meddelelse, kan udgøre fremadrettede udsagn, der ikke udgør historiske kendsgerninger. De fremadrettede udsagn i denne meddelelse er baseret på en række forudsætninger, hvoraf en stor del er baseret på yderligere forudsætninger. Selvom Dataproces Group vurderer, at disse forudsætninger var rimelige, da de blev foretaget, er de i sagens natur forbundet med betydelige kendte og ukendte risici, usikkerheder, uforudsete hændelser og andre væsentlige forhold, der er vanskelige eller umulige at forudsige eller uden for virksomhedens kontrol. Sådanne risici, usikkerheder, uforudsete hændelser og andre væsentlige forhold kan medføre, at de faktiske begivenheder afviger væsentligt fra de forventninger, der er udtrykt eller underforstået i forbindelse med de fremadrettede udsagn i denne meddelelse. De oplysninger, synspunkter og fremadrettede udsagn, der er indeholdt i denne meddelelse, er kun gældende pr. datoen for denne meddelelses offentliggørelse og kan ændres uden varsel.

    Kontakter
    • Kjartan Jensen, Adm. Direktør, 41210501, K@Dataproces.dk
    Om Dataproces Group A/S

    Dataproces er en dansk SaaS- og datavirksomhed med speciale i løsninger målrettet landets kommuner og deres digitale administration. Løsningerne spænder bredt. Fra robotteknologi og SaaS, over dataanalyser til sparring og rådgivning. Udgangspunktet og formålet er dog altid det samme: At bruge data til at skabe ny viden, smartere processer og øget effektivitet til gavn for både borger og kommune.At skabe værdi med data kræver kompetencer inden for næsten alle facetter af den kommunale organisation og forvaltning – i respekt for de mange regler, krav og hensyn, der omgiver en kommune. Det betyder, at den gode løsning er tværfaglig og findes i samarbejdet mellem det operationelle, økonomiske, juridiske og digitale. I Dataproces sætter vi en dyd i at arbejde tværfagligt, og at alle vores fagligheder, eksperter og teknologier er i spil i et hvert samarbejde. Dataproces – vi skaber værdi med data!

    Vedhæftninger
    • Download selskabsmeddelelse.pdf
    • Virksomhedsbeskrivelse - Dataproces.pdf
    • Viksomhedsbrochure - Dataproces.pdf
    • Selskabsmeddelelse nr 1 Dataproces 21. oktober 2020.pdf
    Danish

    Re-opening of 7.5 year green bond issue

    Entra ASA has re-opened the 7.5 year green bond issue with ISIN NO0010895964 (maturity 21.04.2028) with NOK 300,000,000 at an issue price of 100.038%, equivalent to an issue-spread of 3mn NIBOR + 0.92% p.a. The total amount outstanding after this transaction is NOK 1,000,000,000.

    The Proceeds from the bond issue is earmarked funding of a pool of properties with high environmental standards and a certification of minimum BREEAM In-Use Excellent.

    The current green bond framework for Entra was established in September 2017 by the Centre for International Climate and Environmental Research Oslo (Cicero), an independent research centre linked to the University of Oslo in Norway, and was updated in April 2018 to also include BREEAM-In-Use. Cicero has given Entra's green bond framework its highest rating - Dark Shade of Green. This rating is according to Cicero given only to projects and solutions that realise the long term vision of a low-carbon and climate-resilient future. Typically, this will entail zero-emission solutions and governance structures that integrate environment concerns into all activities.

    The transaction is arranged by DNB Markets and SEB.

    Disclaimer

    This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

    Contacts
    • Anders Olstad, CFO, +47 90022559, ao@entra.no
    Attachments
    • Download announcement as PDF.pdf
    English

    Monsenso ansætter ny produktdirektør

    Selskabsmeddelelse nr. 14-2020

    København den 20. oktober 2020

    Monsenso A/S har ansat Mathias Nick Andersen som selskabets Chief Product Officer med virkning fra 1. december 2020.

    Mathias kommer til Monsenso med lang erfaring indenfor produktledelse, digital forretningsudvikling og UX-design fra Dawn Health, Falck og Advice. Mathias er uddannet kandidat i kommunikation og IT fra Københavns Universitet og har international erfaring fra studier i Fjernøsten og arbejde i Mellemøsten.

    „Med ansættelsen af Mathias styrker vi Monsenso både produkt- og forretningsmæssigt. Hans erfaring fra digital forretningsudvikling og produktledelse i sundhedsområdet er værdifuld for os, og vi ser frem til at byde ham velkommen" siger adm. direktør Thomas Lethenborg.

    Han overtager rollen fra Mads Frost, om efter overdragelse af produktansvaret kan koncentrere sig om rollen som Data Privacy Officer og arbejde med større kundeprojekter.

    Eventuelle henvendelser vedrørende denne meddelelse bedes rettet til:

    Selskabet:

    CEO Thomas LethenborgTlf. +45 21 29 88 27E-mail: lethenborg@monsenso.com 

     

    Certified Adviser:

    Norden CEF ApSJohn NordenTlf. +45 20 72 02 00E-mail: jn@nordencef.dk

    Om Monsenso

    Monsenso er en innovativ virksomhed inden for mobile health (mHealth), som hjælper til optimering af behandlingen for psykiske lidelser. Vores mission er at skabe bedre mental sundhed for flere mennesker til lavere omkostninger. Vores løsning giver et detaljeret overblik over patienters mentale tilstand via indsamling af adfærdsdata, og ved at forbinde patienter, behandlere og omsorgspersoner gives data-drevet støtte til selvhjælp og behandling. Baseret på vedvarende forskning og udvikling skaber vi løsninger, der passer ind i brugernes liv og øger kvaliteten og effekten af deres behandling. Få mere at vide på www.monsenso.com

    Vedhæftninger
    • Download selskabsmeddelelse.pdf
    Danish

    Play Magnus AS (PMG-ME) – The trading platform Skilling enters into partnership with Play Magnus

    (Oslo, 19 October 2020) - The Nordic trading platform Skilling becomes the title partner for the first tournament in the Champion Chess Tour, which is organized by the Play Magnus Group. As part of the agreement, Magnus Carlsen will also act as Skilling’s ambassador and represent their brand in conjunction with the launch that will take place this autumn.

    “I have been fascinated by Skilling as a fintech player, and I like their desire to make things accessible and easy for both beginners and those with experience. We share the view that everyone with an interest in something should have the opportunity to utilize and develop their full potential,” says World Chess Champion, Magnus Carlsen.

    Espen Agdestein, formerly the manager of Magnus Carlsen for ten years and one of the founders of Play Magnus, has been central in the work on the agreement in his function as a strategic advisor for partnerships in Play Magnus Group. He says that monetization is important for the tour, and that the collaboration with Skilling is the first example of the commercial opportunities created through the Champions Chess Tour.

    “In chess, one must constantly consider possible gains against potential risk. In order to make the right decisions over the chessboard, it is crucial to understand the situation, both in the short and long term. A finance company like Skilling thus becomes a natural partner for Magnus Carlsen personally, and for the Champions Chess Tour. The agreement is also an important step in building a financially sustainable foundation around the tour,” says Espen Agdestein, strategic advisor in the Play Magnus Group.

    The Champions Chess Tour was started as a response to the Covid-19 outbreak in the spring of 2020, and all the games are played online. The Champions Chess Tour runs from November 2020 to September 2021, and Magnus Carlsen and the rest of the world elite world's top players will compete in a total of ten online tournaments. The first tournament, Skilling Open, runs from 22 to 30 November and is broadcast on TV 2 Sport, among other places.

    “Skilling offers online trading on a wide range of the world’s stock, currency and commodity markets. We are now working more actively with marketing aimed at the Nordic market, and the sponsorship collaboration with Play Magnus and Magnus Carlsen will be an important part of our investment in Norway and the Nordic region. In addition, chess players are analytical and clever people, and we believe many of them will be interested in international financial trading,” says André Lavold, CEO of Skilling Group.

    The agreement runs for 12 months, but it is the intention of both parties to extend the agreement if the collaboration works well.

    Play Magnus Group offers services where everyone can play, watch and learn chess. The group’s services consist of the Play Magnus App Suite, chess24, Chessable, and CoChess, in addition to the Champions Chess Tour.

    About Play Magnus Group

    The Play Magnus Group is a global leader in the chess industry focused on providing premier digital experiences for millions of chess players and students. The company offers e-learning and entertainment services via its market leading brands: chess24, Chessable, CoChess, the Play Magnus App Suite, and the Champions Chess Tour. The Group's mission is to grow chess to make the world a smarter place by encouraging more people to play, watch, study, and earn a living from chess. 

    About Skilling

    Skilling was established in 2016 by Optimizer Invest, which is an investment company started by the Norwegian and Swedish tech entrepreneurs André Lavold, Henrik Persson Ekdahl and Mikael Riese Harstad. Skilling offers online trading on a wide range of world markets in one and the same platform, such as Norwegian or international stocks like Equinor or Tesla, stock indices such as Nasdaq or OBX, gold, oil or cryptocurrencies such as bitcoin. Skilling's vision is to make trading interesting and accessible to everyone, in a transparent and secure way.

    Contacts
    • Espen Agdestein, strategic advisor for partnerships in Play Magnus AS, +47 922 55 093, espen.agdestein@gmail.com
    • André Lavold, CEO of Skilling Group, +34 630 434646, andre@skilling.com
    Attachments
    • Download announcement as PDF.pdf
    English, Norwegian

    Neo Industrial Plc - Managers' Transactions

    ____________________________________________

    Person subject to the notification requirementName: Reka OyPosition: Closely associated person(X) Legal personClosely associated personName: Rentto, MarkkuPosition: Member of the Board/Deputy memberIssuer: Neo Industrial OyjLEI: 743700TSB08BO83SJR33Notification type: INITIAL NOTIFICATIONReference number: 743700TSB08BO83SJR33_20201016090406_3

    ____________________________________________

    Transaction date: 2020-10-13Venue: OFF-EXCHANGE TRANSACTIONS (XOFF)Instrument type: SHAREISIN: FI0009800296Nature of the transaction: DISPOSAL

    Transaction details(1): Volume: 40,000 Unit price: 2.13 EUR

    Aggregated transactions(1): Volume: 40,000 Volume weighted average price: 2.13000 EUR

     

    Hyvinkää, 16 October 2020

     

    Neo Industrial PlcJukka PoutanenManaging Director

     

    Additional information: Jukka Poutanen, Managing Director, tel. +358 40 833 9007

    About Neo Industrial Oyj

    Neo Industrial Plc is a Finnish company, that focuses on building a sustainable future by developing and renewing modern society. We own emerging private companies in the industrial sector, to whom we are a long-term and responsible partner. As a conglomerate, we create opportunities responsibly for a smart and energy-efficient society. Neo Industrial Plc's class B shares are listed on the main list of NASDAQ Helsinki Stock Exchange.

    Attachments
    • Download announcement as PDF.pdf
    English, Finnish