Positive developments in first half-year

- Sale of Danish business finalised according to plan

Announcement no. 17/2021

“We’re delivering a positive performance for the first half-year, driven mainly by improved core earnings and good developments in the insurance business. Our customers have generally emerged from the coronavirus crisis in good shape, although a few industries remain challenged. I’m very pleased to announce that the IT migration of the customer base sold to Spar Nord was executed according to plan in June. As previously announced, we still expect to distribute DKK 700m in extraordinary dividends in relation to the divestment of the Danish business, including DKK 450m this year,” said BankNordik CEO Árni Ellefsen.

“In order to ensure that we will remain an efficient organisation and can keep costs at a reasonable level, we have reorganised our Group and implemented certain initiatives to enhance our earnings. We expect these steps will lift our consolidated profit by DKK 20–25m annually over the coming years. This will provide a good start for our strategic deliberations on how to enhance profitability in all business areas for the longer term,” said Mr Ellefsen. 

Highlights of BankNordik’s interim report for the first six months of 2021:

Q2 2021 vs Q1 2021

  • Operating profit before impairment charges increased from DKK 38m in Q1 2021 to DKK 47m in Q2 2021.
    • Net interest income was up by DKK 2m from DKK 64m in Q1 2021 to DKK 66m in Q2 2021.
    • Fee and commission income amounted to DKK 20m in Q2 2021, up by DKK 3m over Q1 2021.
    • Net insurance income amounted to DKK 14m in Q2 2021, double the amount recorded for the previous quarter due to fewer claims and improved operations.
    • Other operating income amounted to DKK 9m in Q2 2021, which was consistent with the Q1 figure.
    • Operating costs amounted to DKK 61m, for an increase of DKK 2m relative to Q1 2021.
  • BankNordik maintains the management estimate of losses relating to COVID-19 at DKK 52m. Net impairment charges were a DKK 27m reversal in Q2 2021, compared to charges of DKK 3m in Q1 2021.
  • Profit before tax from continuing operations was DKK 74m in Q2 2021 against DKK 108m in Q1 2021.
  • The Q2 2021 profit before tax from discontinued operations was DKK 0m against DKK 9m in Q1 2021. The final disposal of the discontinued operations took place effective on 1 February 2021 on completion of the sales transaction.
  • The overall profit before tax for Q2 2021 was DKK 74m, against DKK 118m in Q1 2021.
    • The investment portfolio yielded a negative return of DKK 4m in Q2 2021, against a loss of DKK 3m in Q1 2021.

H1 2021 vs. H1 2020

  • BankNordik reported operating profit before impairment of DKK 85m for the H1 2021 period, a DKK 21m (+34%) improvement on H1 2020.
    • Net interest income was up by DKK 1m in H1 2021 compared with H1 2020.
    • Fee and commission income was up by DKK 9m in H1 2021 relative to H1 2020.
    • Net insurance income was up by DKK 6m in H1 2021 due to improved operations and fewer claims relative to H1 2020.
  • Other operating income was up by DKK 7m over H1 2020 to DKK 18m in H1 2021.
  • Operating costs amounted to DKK 120m in the H1 2021 period, an increase of DKK 2m over H1 2020.
  • Loan impairment charges were a DKK23m net reversal for the H1 2021 period against a DKK 2m charge in H1 2020. BankNordik maintains the management estimate of losses relating to COVID-19 at DKK 52m.
  • Profit before tax from continuing operations was DKK 182m in H1 2021 against DKK 55m in H1 2020.
  • The H1 2021 profit before tax from discontinued operations was DKK 9m against DKK 18m in H1 2020.
  • The overall profit before tax for H1 2021 was DKK 192m, against DKK 74m in H1 2021.
    • The investment portfolio yielded a negative return of DKK 7m in H1 2021 against a loss of DKK 7m in H1 2020.
  • Bank lending volumes were up by DKK 107m (1%) from DKK 7,479m at 30 June 2020 to DKK 7,586m at 30 June 2021.
  • Mortgage-broking volumes were up by DKK 381m (+18%) from DKK 2,121m at 30 June 2020 to DKK 2,502m at 30 June 2021.
  • Deposits were up by DKK 79m (1%) from DKK 7,581m at 30 June 2020 to DKK 7,660m at 30 June 2021.

Capital ratios

At 30 June 2021, the Group had a CET1 capital ratio of 25.7% against 22.6% at 31 December 2020. The total capital ratio including MREL was 31.3% at 30 June 2021 against 26.4% at 31 December 2020.

In order to cover the MREL add-on, which is being phased in over the coming years, BankNordik issued senior non-preferred debt of DKK 150m on 18 June 2021. As part of the ongoing efforts to optimise its capital structure, BankNordik issued a new subordinated (Tier 2) loan of DKK 100m on 24 June 2021 while at the same time redeeming existing loans for a total of DKK 225m.

Extraordinary dividends following the sale of the Danish businessBankNordik continues to expect the divestment of the Danish business and the resulting reduced REA will lead to extraordinary distributions to the shareholders totalling DKK 700m (equal to DKK 73 per share). The Bank intends to distribute DKK 450m of the amount during 2021.

An extraordinary general meeting will be called prior to the expected distribution of DKK 450m this year. On that occasion, the Bank expects to announce whether part of the amount will be distributed by way of a share buyback. The extraordinary general meeting is expected to be called by the end of Q3 2021.

Guidance for 2021

BankNordik expects a moderate increase in its mortgage-broking services and in lending to both personal and commercial customers. In addition, the Bank has launched initiatives expected to lead to an increase in fee and commission income in the second half of 2021 and the following years. Income from insurance operations is expected to continue to grow, always subject to the level of claims. Operating costs are expected to be marginally lower than the 2020 level and impairment charges are expected to remain at a low level.  At the beginning of the year, management guided for FY 2021 net profit in the DKK 100–150m range (2020: DKK 166m). On 19 July, the Bank adjusted its guidance for FY 2021 net profit to the DKK 190–220m range.

The guidance is subject to uncertainty and will, amongst other things, depend on economic conditions, developments in the COVID-19 situation in the Group’s markets, loan impairments and market value adjustments.

 

For further information, please contact:

Árni Ellefsen, CEO, tel. (+298) 230 348

BankNordik has banking activities in Greenland and the Faroe Islands and insurance activities in the Faroe Islands. Founded in the Faroe Islands more than a century ago, the Group has total assets of DKK 12bn and 195 employees. The Bank is subject to the supervision of the Danish Financial Supervisory Authority and is listed on Nasdaq Copenhagen.

Appendix: H1 2021 financial highlights and comparative figures

Highlights and ratios

DKKm

H1 2021

H1 2020

Index 21/20

Q2 2021

Q1 2021

Q4 2020

Q3 2020

Q2 2020

Net interest income

129

128

       101

66

64

65

65

65

Net fee and commission income

38

29

       130

20

17

16

15

13

Income from insurance operations

21

15

       139

14

7

12

18

12

Other operating income

18

11

       169

9

9

8

6

5

Operating income

206

183

       113

109

97

101

104

95

Operating costs

-120

-118

       101

-61

-59

-62

-57

-59

Sector costs

-1

0

 

0

0

0

0

0

Operating profit before impairment charges

85

64

       134

47

38

38

47

36

Impairment charges, net

23

-2

27

-3

10

-2

16

Operating profit

109

62

       177

74

35

48

44

52

Non-recurring items

81

0

 

4

77

0

0

0

Profit before investment portfolio earnings and tax

190

62

       308

78

111

48

44

52

Investment portfolio earnings

-7

-7

112

-4

-3

1

3

15

Profit/loss before tax, continuing activities

182

55

       331

74

108

49

48

66

Profit before tax, discontinued operations

9

18

         51

0

9

1

35

37

Profit before tax, total

192

74

       261

74

118

51

82

103

Tax

39

16

       250

15

24

7

17

21

Profit/loss after tax

153

58

       263

59

94

43

65

82

Loans and advances

7,586

7,479

       101

7,586

7,450

7,608

7,501

7,479

Deposits

7,660

7,581

       101

7,660

7,536

7,756

7,531

7,581

Mortgage lending

2,502

2,121

       118

2,502

2,443

2,375

2,284

2,121

Shareholders’ equity

2,369

2,167

       109

2,369

2,313

2,271

2,230

2,167

Total capital ratio, including MREL capital, %

31.3

24.0

 

31.3

36.2

26.4

24.9

24.0

CET1 capital ratio

25.7

20.3

 

25.7

31.0

22.6

21.1

20.3

Return on equity, % p.a.

10.1

4.7

 

9.7

7.4

7.5

8.1

11.4

Return on equity excluding non-recurring items, % p.a.

7.0

4.1

 

9.5

4.4

7.5

6.8

10.0

Liquidity Coverage Ratio (LCR), %

202.5

232.6

 

202.5

211.7

231.1

227.3

232.6

Cost/income ratio

58

65

 

56

60

62

55

62

Number of FTE, end of period

195

228

         86

195

218

228

232

228

 

 

Further details are available in the interim report.

Attachments
  • Interim Report_H1 2021.pdf
  • IR presentation Q2 2021.pdf
Danish, English

Reporting of transactions made by persons discharging managerial responsibilities and persons closely associated with them in Aquaporin’s shares

Company announcement no. 18/2021

Pursuant to the Market Abuse Regulation article 19, Aquaporin A/S, CVR no. 28315694 (“Aquaporin” or the “Company”), shall hereby notify receipt of information of the following transactions made by persons discharging managerial responsibilities in Aquaporin and persons closely associated with them in Aquaporin's shares and other financial instruments linked thereto.

Reference is made to the company announcement no. 10/2021 dated 28 June 2021 regarding PDMR notification for the lending of shares and no. 17/2021 regarding the end of stabilization period.

 

For additional information, please contact:

Niels Heering, Chairman

Peter Holme Jensen, CEO

Mikkel Tanderup, Head of Investor Relations

Contact information: +45 53 55 55 05, investorrelations@aquaporin.com

 

About Aquaporin

The Company is a water technology company headquartered in Denmark with operations in Denmark, Singapore and the United States. The aim of the Company’s technology is to contribute to a more sustainable world by focusing on encouraging responsible consumption of water. As a result, the Company is committed to developing and providing cost-efficient, sustainable and environmentally responsible solutions to the growing need for access to clean drinking water, treating and reusing wastewater and improving concentration and separation performance. For this purpose, the Company has developed a proprietary and patent-protected formulation for the protein aquaporin, which enables a high rejection rate of pollutants, high recovery rate of clean water and low energy consumption. The Company’s proprietary technology, Aquaporin Inside®, is based on Nobel Prize-winning research and used to clean and reuse water in our homes and in the industrial water and food and beverage industry. Aquaporin works with customers and partners around the globe to sustainably treat industrial wastewater, concentrate food and beverage products and enhance drinking water quality and accessibility. Read more on www.aquaporin.com

Attachments
  • Download announcement as PDF.pdf
  • PDMR - M. Goldschmidt Capital.pdf
English

Dataproces named as elite supplier to the public sector

In 2020, Dataproces has been among the largest suppliers to the public sector, and has therefore been named an elite supplier.

The certification as an elite supplier is given to those who have been among the 1% largest suppliers to the public sector in 2020. According to Mercell Denmark, which awards the certification, it is "an achievement that deserves all honor and respect". We at Dataproces are proud of that!

 

"I am really happy to be able to call us a certified elite supplier to the public sector and I think, that it is an achievement that we can be really proud of," says CEO Kjartan Jensen and elaborates.

"For several years, we have focused on being a strong sparring partner for the Danish municipalities, when it comes to both data analysis and IT solutions. It requires dedicated work from everyone in Dataproces to ensure a close and trusting collaboration with the municipalities."

“Therefore, I would like to thank all the employees who make a huge effort every day so that we as a company can succeed in our mission to create value for the customers through IT and data. I would also like to thank the municipalities for the good cooperation, which only gets stronger year by year", says Kjartan Jensen.

 

The appointment is based on the amounts invoiced to the public authorities (municipalities, regions, state, universities and official utilities) throughout Denmark. Every year, 3.000 elite suppliers are named TOP-1%.

The recognition also comes with an elite supplier badge.

Read more about ranking and see the ranking here: https://rangliste.udbudsvagten.dk/ 

Contacts
  • John Norden, Certified Advisor, +45 20 720 200, JN@nordencef.dk
  • Kjartan Jensen, CEO, +45 41 21 05 01, K@Dataproces.dk
About Dataproces Group A/S

Dataproces is an innovative IT and consulting house, specializing in solutions targeted at the Danish municipalities and their digital administration. The solutions range widely from robot technology and SaaS to data analyzes as well as collaboration and consulting. The starting point and purpose are always the same: to use data to create new knowledge, smarter processes and increased efficiency for the benefit of both citizens and municipalities.

Dataproces – we create value with data!

Attachments
  • Download announcement as PDF.pdf
Danish, English

Reka Industrial Plc revises its guidance for 2021

The new guidance is: "In 2021 EBITDA (EUR million) is expected to improve, provided that predominant conditions due COVID-19 pandemic will not substantially affect to the company's capability to deliver. EBITDA will also be affected to what extent and how quickly we are able to pass on the continuous increase in material costs to sales prices as well as metal price fluctuations."The earlier guidance was: "In 2021 EBITDA (EUR million) is expected to remain at the same level or improve, provided that predominant conditions due COVID-19 pandemic will not substantially affect to the company's capability to deliver."

Reka Industrial Plc will publish its Half Year Financial Report for January–June 2021 on Thursday 5 August 2021.

 

Hyvinkää, 3 August, 2021

Reka Industrial Plc

Jukka PoutanenManaging Director

Contacts
  • Jukka Poutanen, Managing Director, +358 40 833 9007, jukka.poutanen@reka.fi
About Reka Industrial Oyj

Reka Industrial invests in modern society and reforms the industry that is the foundation of society. As an industrial family company, Reka Industrial is committed to developing the performance and sustainability of the companies it owns over the long term. Through the group’s companies, we are involved in the transformation of the energy and vehicle industries. Reka Industrial class B shares are listed on the Nasdaq Helsinki Ltd.

Attachments
  • Download announcement as PDF.pdf
English, Finnish

Investeringsforeningen Formuepleje – Tilladelse til fusion af afdelinger samt vedtægtsændringer

I forlængelse af fondsbørsmeddelelse af 29. juni 2021 kan det oplyses, at Finanstilsynet har godkendt de ajourførte vedtægter for Investeringsforeningen Formuepleje, der blev vedtaget på den ekstraordinære generalforsamling den 29. juni 2021. Finanstilsynet har samtidig godkendt fusionen, der blev vedtaget på den ekstraordinære generalforsamling den 29. juni 2021.

Afdeling Danske Aktier (ISIN-kode: DK006026915-7) fusioneres således ind i afdeling Globale Aktier (ISIN-kode: DK0060337095).

Ombytningen af beviser sker på baggrund af indre værdier den 10. september 2021. Ombytningsforholdet forventes at blive offentliggjort den 14. september 2021.

Beviserne i den ophørende afdeling kan handles til og med den 10. september 2021. Beviserne forventes ombyttet således, at investorerne kan se den eller de nye beholdninger i VP-depoter den 16. september 2021.

Foreningens prospekt vil blive ajourført ved førstkommende lejlighed.

Eventuelle henvendelser vedrørende denne meddelelse kan rettes til direktør Søren Astrup på tlf. 87 46 49 20.

 

Med venlig hilsen

Søren Astrup, direktør                                                  

Formuepleje A/S

 

Kontakter
  • Søren Astrup, Direktør, 87 46 49 20, sa@formuepleje.dk
Om Investeringsforeningen Formuepleje

Investeringsforeningen Formuepleje er stiftet den 14. november 1994. Foreningen er registreret hos Erhvervsstyrelsen med CVR-nr. 18226243 og Finanstilsynet med FT-nr. 11080. Foreningens investeringsforvaltningsselskab er Formuepleje A/S.

Der kan findes yderligere information om Foreningen på www.formuepleje.dk.

Vedhæftninger
  • 2021-08-02 - Selskabsmeddelelse_IFF_Tilladelse til fusion mv._Signed.pdf
Danish

Per Aarsleff Holding A/S announces transactions carried out under the current share buyback programme in accordance with the "safe harbour method"

On 28 June 2021, Per Aarsleff Holding A/S launched a share buyback programme, as described in company announcement no. 9 of 28 May 2021. According to the programme, Per Aarsleff Holding A/S will in the period until 1 April 2022 buy back own B shares up to a maximum value of DKK 125 million and with a maximum of 500,000 B shares. The share buyback programme will be implemented in accordance with Regulation (EU) no. 596/2014 of 16 April 2014 of the European Parliament and Council and Commission Delegated Regulation (EU) no. 2016/1052, also referred to as the Safe Harbour rules.                     

Trading day

Number of shares bought back

Average purchase price

Amount, DKK

21: 26 July 2021

2,653

274.01

726,941.90

22: 27 July 2021

2,915

269.54

425,311.07

23: 28 July 2021

1,579

269.35

785,710.56

24: 29 July 2021

3,000

274.57

823,698.00

25: 30 July 2021

2,403

270.19

649,267.05

Accumulated trading for days 21-25 

12,550

271.79

3,410,928.58

Total accumulated during the  share buy-back programme

52,924

278.39

14,733,456.88

See the enclosure for information about the individual transactions made under the share buyback programme.

Also attached is the specification for transactions made under the share buyback programme in week 29, as the specification attached to the announcement of 26 July mistakenly comprised the transactions of week 28.

Contacts
  • Jesper Kristian Jacobsen, Administrerende direktør / CEO, +45 8744 2222
About Per Aarsleff Holding A/S

The Aarsleff Group is a building construction and civil engineering group with an international scope and a market leading position in Denmark. The Group comprises a portfolio of independent, competitive companies each with their own specialist expertise. 

Attachments
  • Aktietilbagekøb uge 30 2021_UK.pdf
  • Share repurchase specification week 29 2021 vers2.pdf
  • Share repurchase specification week 30 2021.pdf
Danish, English

New contract on data analysis

Company announcement no. 34: Dataproces has per. the 2nd of August entered into an agreement on data analysis.

The agreement has been entered into with a Jutlandic top-10 municipality, who has entered into a cooperation on data analyzes.

Dataproces' data analyzes ensure the municipalities a correct and legitimate income and validate the municipality's financial data foundation.

Generally about announcements

The contract is in accordance with Dataproces' strategic focus and does not change the announced guidance.

In all announcements Dataproces distinguishes between three municipality size categories; the 50 smallest municipalities are called municipalities, the 38 middle ones are called larger municipalities and the 10 largest are called top-10 municipalities.

Dataproces only announces agreements on data analyzes with a total estimated value higher than 250.000 DKK.

The SaaS platforms MARS, Min Sag and MARC Fleksløn are central to the company strategy and will be announced each time an agreement has been entered into.

Contacts
  • John Norden, Certified Advisor, +45 20 720 200, JN@nordencef.dk
  • Kjartan Jensen, CEO, +45 41 21 05 01, K@Dataproces.dk
About Dataproces Group A/S

Dataproces is an innovative IT and consulting house, specializing in solutions targeted at the Danish municipalities and their digital administration. The solutions range widely from robot technology and SaaS, to data analysis as well as collaboration and consulting. The starting point and purpose are always the same: to use data to create new knowledge, smarter processes and increased efficiency for the benefit of both citizens and municipalities.

Dataproces – we create value with data!

Attachments
  • Download announcement as PDF.pdf
Danish, English

Carlsberg A/S share buy-back programme

Transactions during 26 July - 30 July

On 28 April 2021, Carlsberg A/S announced a share buy-back programme, as described in Company Announcement No. 17/2021. The programme is carried out in accordance with Article 5 of Regulation No 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour Regulations. According to the programme, Carlsberg A/S will repurchase B shares of up to DKK 1bn. The programme is taking place during the period from 28 April 2021 to 13 August 2021, during which a maximum of 13 million B shares will be bought.

The transactions made under the share buy-back programme during 26 July - 30 July can be found in the attached Company announcement.

With the transactions stated in the announcement, Carlsberg A/S holds a total of 1,507,868 own B shares, corresponding to 1.0% of the 145,256,806 total A and B shares.

The details of each transaction made under the share buy-back programme are enclosed.

Contacts

Investor Relations:  Peter Kondrup +45 2219 1221      Iben Steiness +45 2088 1232

Media Relations:   Nina Brønden Jakobsen +45 4186 1391Christian Wulff Søndergaard +45 3144 7965

For more news, sign up at www.carlsberggroup.com/subscribe or follow @CarlsbergGroup on Twitter.

Attachments
  • 30_02082021_Carlsberg share buy-back_Transactions 26-30 July 2021.pdf
  • Appendix_30_02082021.pdf
  • 20210802 - Carlsbergfondet - PDMR reporting.pdf
English

Play Magnus Group (PMG) - Chess World’s Top Educators to be Celebrated at Chessable Masters Starting July 31st

(Oslo, July 30, 2021) - The next event in the $1.6 million Meltwater Champions Chess Tour will feature the youngest Grandmaster in history while celebrating this year’s incredible rising trend in chess education. The Chessable Masters, which starts on July 31, aims to shine a light on the chess world’s top educators, authors and publishers.

Interest in learning and improving at chess has spiked since the start of the pandemic and Chessable, the event’s title partner, has been at the forefront of that. The online learning platform, which uses cutting-edge MoveTrainer technology, has fuelled its parent company, Play Magnus Group’s Q1 course revenue growth of 337% year-on-year, enabling both established and many emerging authors to make a living from the game during a difficult time. From the start of 2020, over $3 million has been paid out to chess educators from Chessable. 

The Chessable Masters, organized by Play Magnus Group, is the eighth leg of the year-long Meltwater Champions Chess Tour and carries a $100,000 prize pot and an elite line-up of 16 top stars. 

Among the stars invited to compete is 12-year-old Chessable fan Abhimanyu Mishra, from New Jersey, who made headlines worldwide when he broke the Grandmaster title age record last month. He will be pitted against an elite field featuring Hikaru Nakamura, the US speed demon and hugely-popular Twitch streamer, alongside fellow American Wesley So. The young hotshot Alireza Firouzja will be back to battle for a place in the Tour Final along with another rising star Jorden Van Foreest. Azerbaijan’s number 1 Shakhriyar Mamedyarov also lines up with Vietnam’s Liem Quang Le and the Venezuelan Eduardo Iturrizaga, who qualified via the Iberoamericano tournament. Viewers will also see recent entrant in the Tour, Vladislav Artemiev, as well as one of the Tour leaders, Levon Aronian, playing again after strong performances in the Tour’s last tournament, the Goldmoney Asian Rapid. 

Play Magnus Group has also stepped up its support for female players by inviting two of the world’s top women to compete in its next elite event. The reigning Women’s World Champion Ju Wenjun and India’s reigning Women's World Rapid Champion Humpy Koneru will also make their Tour debuts alongside Mishra and Iturrizaga. Norway’s Aryan Tari, Adhiban Baskaran and Pentala Harikrishna of India, and Spanish Champion David Anton complete the player list.

Among the authors highlighted by the event is International Master Yuriy Krykun, a Ukrainian chess coach who recently graduated from Webster University in Saint Louis. Yuriy said: "As someone who aspires to share my passion for chess with as many people as possible, both via private coaching and writing, I find it extremely rewarding to see that more and more people in the chess world are able to comfortably do this and focus all their energy on sharing their passion and growing our game full-time.”

“This is in no small part possible due to the amazing royalties on Chessable’s interactive courses and I am thankful to Chessable and Play Magnus Group for the opportunity to not only enjoy passive income, but also deliver my content to thousands of people all over the world!"

With more authors like IM Krykun providing their content on Chessable, there has been a significant increase in the quality and quantity of the content leading to a much improved user experience and making it as easy as it ever was to improve at chess.

Chessable aims to solve the problem of how to actually remember chess openings, using spaced-repetition learning and other scientifically-based approaches. Chessable’s co-founder is John Bartholomew, an International Master and chess coach who also runs a popular YouTube channel with 170,000 subscribers. IM Bartholomew said: “The demand for online coaching has absolutely skyrocketed in the past year.”

“It’s crazy,” he added. “Chess education is hot - as it should be! It's a dream come true that Chessable is able to regularly pay out substantial sums to deserving chess teachers and publishers."

All matches in the Chessable Masters will be hosted in chess24.com’s playzone and available to watch on the platform’s Twitch and YouTube channels for free. The Chessable Masters is the penultimate leg of the Meltwater Champions Chess Tour before the Tour Final in September, where the ultimate winner will be crowned the world’s best online chess player.

 

For further comments contact: 

Andreas Thome, CEO Play Magnus Group

andreas@playmagnus.com 

About the 2021 Meltwater Champions Chess Tour

The 2021 Meltwater Champions Chess Tour will, for the first time in history, determine the world’s best chess player over a full competitive season of online chess. Beginning in November 2020, the Meltwater Champions Chess Tour features monthly tournaments culminating in a final tournament in September 2021. The best chess players in the world are competing in a total of ten tournaments of rapid chess. All games take place online on www.chess24.com  with players competing for a total prize pool of over USD 1.6 million. For more information visit https://championschesstour.com/.

About Play Magnus Group

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, iChess, New In Chess, Everyman Chess, CoChess, Aimchess, the Play Magnus App Suite, and the Meltwater 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. Play Magnus Group is listed on Euronext Growth Oslo under the ticker PMG. For more information visit pmg.me.

Disclosure regulation

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

Attachments
  • Download announcement as PDF.pdf
English

Nordic Unmanned receive notification of EUR 20 million contract award

Nordic Unmanned has received a conditional letter of award from the European Maritime Safety Agency (EMSA) regarding fixed-wing RPAS (drone) services carrying out long-range general maritime surveillance, with tender name EMSA/OP/46/2020.

The official value of the framework contract is EUR 20 million over a period of up to 2+1+1 years. Nordic Unmanned is the contractual partner with EMSA. Nordic Unmanned will utilize Textron Systems’ AerosondeTM as their drone platform and two complete systems, including training, will be delivered during the next six months. A mandatory initial configuration test must be successfully completed within eight weeks, before receiving the final framework award. The official signing of the contracts is expected to be before end of September.

The first specific contracts of deployment in Europe are expected to be received and have financial effect from Q1 2022, and the full utilization of the framework contract is expected to happen from Q3 2022. The utilization of the framework contract is contingent of call-offs from the client during the lifetime of the contract.

Disclosure regulation

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

Contacts
  • Knut Roar Wiig, CEO, +47 92 66 66 59, krw@nordicunmanned.com
About Nordic Unmanned

Nordic Unmanned delivers comprehensive data solutions through industry leading expertise, to assist both public and private customers in the transition to unmanned technology. The focus is to support demanding clients by collecting time-critical data with the use of unmanned technology.

Founded in 2014, the company has offices in Sandnes, Oslo, and Frankfurt, and has quickly become one of Europe’s leading providers of unmanned systems and services, with operations across the continent.The company is ISO 9001-2015 certified by DNV-GL for the operation, maintenance and sales of unmanned systems and sensor technology.

For more information visit nordicunmanned.com

English

Skarta Group Oyj: Kaupankäynti uusilla osakkeilla alkoi First North -markkinapaikalla

Skarta Group OyjYHTIÖTIEDOTE28.07.2021 kello 10.00

Skarta Group Oyj: Kaupankäynti uusilla osakkeilla alkoi First North -markkinapaikalla

Kaupankäynti Skarta Group Oyj:n 15.7.2021 tekemien osakeantipäätösten mukaisesti annetuilla uusilla osakkeilla on tänään alkanut Nasdaq First North Growth Market Finland -markkinapaikalla. Yhtiön osakkeiden kokonaismäärä on 278 285 034 osaketta.

Samalla yhtiön nimi ja kaupankäyntitunnus ovat päivittyneet Nasdaqin kaupankäyntijärjestelmässä. Yhtiön osakkeilla käydään jatkossa kauppaa tunnuksella SKARTA.

Yhteyshenkilöt
  • Tuomas Hirvonen, toimitusjohtaja, Skarta Group Oyj, +358 (0)50 368 6866, tuomas.hirvonen@skarta.fi
Tietoja julkaisijasta Skarta Group Oyj

Skarta on puhtaan tulevaisuuden rakentaja, jolla on vuosikymmenien kokemus vaativista rakennushankkeista. Rakennamme puhtaampaa tulevaisuutta – elinympäristöä, johon kuuluvat puhdas vesi ja energia sekä kestävä infrastruktuuri. Keskitymme liiketoiminnassamme erikoisrakentamisen lisäksi muun muassa hiilineutraaleihin teollisuus- ja tuulivoimahankkeisiin. Tavoittelemme kannattavaa kasvua ja näemme erinomaisia kasvumahdollisuuksia kaikilla liiketoiminta-alueillamme. Skartan pääkonttori sijaitsee Oulussa ja sillä on tällä hetkellä yli 150 työntekijää eri toimipisteissä Suomessa ja Ruotsissa.

Skarta Group Oyj:n Hyväksyttynä Neuvonantajana toimii Augment Partners AB, info@augment.se, puh. +46 8 604 22 55

Liitteet
  • Lataa tiedote pdf-muodossa.pdf
Finnish

Kreate’s Half-year report January-June 2021: the recovered market strengthened the order backlog higher than the reference period

Kreate Group Plc        Half-year report January–June 2021        28 July 2021 08:30 a.m. EEST

This release is a summary of Kreate Group’s Half-year report January–June 2021. The complete Interim Report is attached, and also available on the company’s website at https://kreate.fi/en/investor/releases-and-reports/reports/.

Kreate’s Half-year report January-June 2021: the recovered market strengthened the order backlog higher than the reference period

April–June in brief

  • Order backlog amounted to EUR 157.5 (144.4) million
  • Revenue decreased to EUR 52.9 (58.0) million
  • EBITDA was EUR 3.4 (3.9) million, amounting to 6.3 (6.7) per cent of revenue
  • EBITA was EUR 2.5 (3.0) million, amounting to 4.7 (5.1) per cent of revenue
  • Earnings per share were EUR 0.20 (0.28)
  • Free cash flow from operating activities was EUR –3.7 (2.5) million
  • Interest-bearing net debt was EUR 27.4 (18.4) million

January–June in brief

  • Kreate Group Plc’s shares were listed on Nasdaq Helsinki, and the company received more than 18,600 new shareholders. Trading in Kreate’s shares started on the pre-list of Nasdaq Helsinki Ltd on 19 February 2021 and on the stock exchange list on 23 February 2021.
  • Revenue decreased to EUR 91.2 (108.0) million.
  • EBITDA was EUR 5.1 (6.0) million, amounting to 5.5 (5.6) per cent of revenue.
  • EBITA was EUR 3.4 (4.3) million, amounting to 3.7 (3.9) per cent of revenue.
  • The company’s IPO expenses were EUR 2.3 million. Of this sum, EUR 0.9 million encumber the result before tax for the reporting period.
  • Earnings per share adjusted with IPO expenses were EUR 0.28
  • Earnings per share were EUR 0.17 (0.40)
  • Free cash flow from operating activities was EUR –3.6 (0.3) million
Operating environment in 2021

In March 2021, the Confederation of Finnish Construction Industries estimated that the entire construction cluster will decrease by 2 per cent during the present year.  Concurrently, there is clear upward pressure on construction costs due to the high increase in the market prices for essential construction materials, including lumber, oil products and steel. The delivery times for materials are also longer due to the limited production capacity.

Historically, the Finnish infrastructure construction market has grown steadily. In 2020, the total size of the market was approximately EUR 7 billion, and it is estimated to decrease by 1.5 per cent in 2021. Between the different infrastructure construction segments the development varies from normal to positive, and the housing construction volume remains at a high level, which particularly boosts the foundation construction market. The bridge construction market continues to strengthen, and the number of smaller projects continues to grow in the railway construction segment. Despite the short-term outlook and impacts of COVID-19, there is a very strong long-term trend of infrastructure construction experiencing strong growth and low volatility. 

In 2020, the COVID-19 pandemic postponed the start of certain infrastructure construction projects, which also affected the development of Kreate’s 2021 order backlog. The normalisation of request for quotation volumes and customer activity in Q4 2020 is particularly seen in the growth of the number of quotation requests in bridge construction, which is part of structural engineering. Q2 2021 also saw a recovery in the railway construction and transport infrastructure construction segments. The large, future railway investments that have received lots of publicity will not yet be reflected on the construction volume, but smaller railway construction projects are expected in the market. Investments planned in the private sector, including the repurposing of old buildings and making investments in business premises, are slowly showing signs of progress. On the other hand, the continued rise of material costs and a shortage of materials and labour may limit housing production in the near future. However, in the short term, particularly urbanisation, the infrastructure maintenance backlog and public sector projects are expected to drive growth and further strengthen Kreate’s position in executing demanding projects.  

The National Transport System Plan is expected to bring long-term developments exceeding individual governments’ terms in office to the development of the transport network, which will also have positive impacts on the infrastructure construction market. The Plan involves a 12-year action programme, which includes actions by the government and municipalities and a government funding programme for the transport system. However, one problem with the plan is the municipalities’ growing share of construction costs, which may mean, at worst, that projects are not executed and the condition of the road and street network and railways deteriorates, for example. Furthermore, the budget cuts affecting the development of the transport system and basic transport infrastructure maintenance proposed during the government’s mid-term policy review would reduce the funding for 2023 and 2024.

The supplementary budget published by the government in June 2020 included more than EUR 400 million allocated for transport network development projects as well as investments in public transport development, infrastructure and repair construction.  

Despite the slight reduction in the overall market forecasted for 2021, Kreate believes that the applicable structural engineering and transport infrastructure markets will at least remain on the 2020 level.

Result guidance for 2021 (remains unchanged)

Kreate estimates that the company revenue (2020: EUR 235.3 million) will decrease in 2021 compared to 2020.

On 31 Dec 2020, Kreate’s order backlog amounted to EUR 134.9 million (31 Dec 2019: EUR 177.2 million). Of this sum, approximately EUR 111 million are expected to be realised during 2021 (31 Dec 2019: EUR 130.3 million during 2020). In the past three years, Kreate has generated, on average, a revenue of EUR 107 million during the financial year in addition to the order backlog at the beginning of the financial year. Kreate estimates that, on 31 Dec 2020, the order backlog profitability was at a normal level.

President & CEO Timo Vikström:

“The market picked up in Q2, which raised our order backlog higher than the reference period to EUR 157.5 million. In addition, we won several important projects during the review period, which will be reflected on our order backlog only after the signing of the contracts in the coming quarters. Our revenue decreased, as expected, and our relative profitability remained close to the reference period, and it was still above the average of the infrastructure construction industry, which is seasonal in nature. Overall, in H1, we proceeded according to plans, focusing on our strategic growth areas of railway, bridge and special foundation construction.

In Q2, we announced the “Crown Bridges” project, the largest in Kreate’s history, which we won in a joint venture with YIT. Kreate’s share, half of the EUR 123 million project, will be recognised in our order backlog later in autumn after the contract is signed. Strategically, executing the technically demanding project of building the longest bridge in Finland involves our solid core competence, and the project strengthens our company as a specialist delivering demanding projects. Other projects that build our special expertise include the “Veturitie ja Ratapihakorttelit” contract in Pasila and the foundation and earthworks contracts related to the Kemi bioproduct mill investment. Our strategic goal is to focus especially on such complex projects that require special expertise, as we have the strong competence and ambition to execute them.

In addition to the Crown Bridges project, I would like to highlight two other significant projects in whose tendering we have succeeded after the review period, but they are not yet recorded in the order backlog. We won a contract of approximately EUR 72 million for construction engineering work related to the new Sulkavuori central wastewater treatment plant project in Tampere in a joint venture with Aki Hyrkkönen Oy. The development stage agreement will be signed during Q3 and the execution stage agreement during Q4. Furthermore, we are modernising National Road 19 between Seinäjoki and Lapua as an ECI project in a joint venture with the local company Maansiirto Veljekset Rinta Oy. The value of the contract is approximately EUR 20 million, and it will be recorded in the Q3 order backlog.

In the coming years, the Crown Bridges, Sulkavuori treatment plant and National Road 19 projects will have an impact of approximately EUR 110 million on the company revenue. These projects, executed in joint ventures, also demonstrate well that Kreate is a favoured project partner.

This year, we have further strengthened our market-leading position in railway bridge construction projects. We have already signed contracts for six bridges, which are built by using the skidding method. We completed the first demanding construction and relocation operation under a very tight schedule already in June. Our skilful tender calculation, own equipment and experienced employees have helped us win contracts and complete them on time. In order to strengthen our organisation even further, we continued hiring new experts. This will also benefit us in the coming years as expertise in railway and track construction and structural engineering becomes more significant in projects.

In the review period, we also conducted a personnel survey that describes the status quo and provides guidelines for further improving our personnel well-being and group operations. Investing in our employees is a priority for us because a good employee experience impacts both the effectiveness of our operations and the customer experience. Accordingly, the personnel survey results highlighted our employees’ commitment and high standards of quality. Kreate Group’s Net Promoter Score (NPS), which indicates how likely our employees would recommend our products and services, had once again increased from an already excellent level to 68. Moreover, our employees find it positive that we focus on what matters: completing projects efficiently, with high quality and minimal bureaucracy. Our success factors include a strong project focus and project management.

The positive developments in the market together with Kreate’s strong competitiveness, particularly in demanding construction, lay a solid foundation for our strategic growth and success. We are facing the future with confidence, as the infrastructure market is developing at a stable pace, we have retained our accounts and have a clearer visibility into the market.” 

Key figures

EUR million

4-6/2021

4-6/2020

1-6/2021

1-6/2020

1-12/2020

Order backlog

 

 

157.5

144.4

134.9

Revenue

52.9

58.0

91.2

108.0

235.3

Year-on-year change in revenue, %

-8.8

12.3

-15.5

34.1

6.4

EBITDA

3.4

3.9

5.1

6.0

14.0

EBITDA, %

6.3

6.7

5.5

5.6

6.0

EBITA

2.5

3.0

3.4

4.3

10.5

EBITA, %

4.7

5.1

3.7

3.9

4.5

Operating profit

2.4

2.9

3.3

4.2

10.4

Operating profit, %

4.6

5.0

3.6

3.9

4.4

Result for the period

1.8

2.1

1.4

2.9

7.8

 

 

 

 

 

 

Capital employed

 

 

63.0

57.7

54.5

Return on capital employed, %

 

 

15.7

21.6

19.2

Return on equity, %

 

 

16.6

29.0

24.7

Net investments in operating activities

-2.1

-1.0

-2.8

-2.1

-4.6

Free cash flow from operating activities

-3.7

2.5

-3.6

0.3

9.7

Net working capital

 

 

-0.3

-1.0

-5.4

Net debt

 

 

27.4

18.4

27.9

Net debt/EBITDA

 

 

2.1

1.1

2.0

Equity ratio, %

 

 

33.4

35.8

26.3

 

 

 

 

 

 

Earnings per share, €

0.20

0.28

0.17

0.40

0.88

Earnings per share adjusted with IPO expenses, €

 

 

0.28

 

 

 

 

 

 

 

 

Personnel at the end of the period

 

 

412

441

383

Personnel on average

396

427

390

413

407

Kreate Group’s financial reporting in 2021

The planned publication dates for Kreate Group Plc’s financial reports in 2021 are as follows:

  • Interim report for January–September 2021: 27 October 2021
Webcast event for analysts and media

A live webcast for analysts and media will be held today, 28 July 2021, at 11:00 a.m. The event will be in Finnish. President & CEO Timo Vikström and Chief Financial Officer Antti Heinola will host the event.

The webcast can be followed live in Finnish at kreate.videosync.fi/2021-q2-tulos. A recording of the webcast will be made available later at kreate.fi/sijoittajille/tiedotteet-ja-raportit/raportit-ja-esitykset/ and a summary in English will become available at kreate.fi/en/investor/releases-and-reports/reports/.

Kreate Group Plc Kirsi-Marjut Dickman Communications Manager  

Distribution: Nasdaq Helsinki, media ja kreate.fi/en  

Contacts
  • Antti Heinola, CFO, Kreate Group Oyj, +358 40 352 1033, antti.heinola@kreate.fi
  • Timo Vikström, President & CEO, Kreate Group Oyj, +358 400 740 057, timo.vikstrom@kreate.fi
About Kreate Group Oyj

Kreate Group is one of the leading infrastructure construction companies in Finland. The company offers solutions for bridges, roads and railways, environmental and ground engineering, circular economy and geotechnical needs. As a specialist in demanding projects, Kreate focuses on comprehensive quality and cost-effectiveness. The group's revenue was approximately EUR 235 million in 2020 and the company has over 400 employees. Kreate Group is listed on Nasdaq Helsinki.

Attachments
  • Download announcement as PDF.pdf
  • Kreate Group Half-year report 1-6-2021.pdf
English, Finnish

Nordic Unmanned AS: Notice of Extraordinary General Meeting on 11th of August 2021

An extraordinary general meeting of Nordic Unmanned AS (OSE: NUMND) will be held on 11 August 2021 at 09:00 hours (CEST) at the company's offices in Havnespeilet, 4th floor, Rådhusgata 3, 4306 Sandnes, to resolve changes to the composition of the Board of Directors.

Kristin Alne, alternate board member, has been appointed as CEO of NUAer AS, the joint venture between Nordic Unmanned and the Finnish company Aeromon announced on the 28th of March. Kristin Alne will as a result resign as alternate board member due to the cooperate governance rules of Nordic Unmanned. Alne has a comprehensive management background from Aker BP and will start in the new position on the 1st of October. The Nomination committee proposes that her position as alternate board member is not replaced at the extraordinary general meeting. 

The Nomination committee is very satisfied to proposes to elect Natasha Friis Saxberg as board member in the Company, and hence increase the number of ordinary board members from 5 to 6. It is the view of the Nomination committee that Natasha Friis Saxberg will represent a complement to the current competence base of the board. Friis Saxberg is a Danish citizen and currently the CEO at the Danish ICT Industry Association, representing more than 750 IT and telecom companies. She has worked globally with technology, innovation, and entrepreneurship for more than two decades as a consultant, serial entrepreneur, author, tv reporter and within corporate venture. She has a broad international experience that fits well will the growth strategy of Nordic Unmanned.

The nomination committees proposal, registration, proxy forms and further information may be found at the company's website: https://nordicunmanned.com/investor-relations/corporate-governance/extraordinary-general-meeting/

Due to the extraordinary situation related to Covid-19, and in light of recent travel and meeting recommendations and restrictions, the Board has found it necessary to urge shareholders to vote through submission of proxy forms prior to the extraordinary general meeting and not to attend the meeting in person. Please see further detailed information in the notice of the extraordinary general meeting attached hereto.

Disclosure regulation

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

Contacts
  • Knut Roar Wiig, CEO, +47 92 66 66 59, krw@nordicunmanned.com
  • Trond Østherhus, Chief Financial Officer, Nordic Unmanned AS, +47 95 99 08 79, to@nordicunmanned.com
About Nordic Unmanned

Nordic Unmanned delivers comprehensive data solutions through industry leading expertise, to assist both public and private customers in the transition to unmanned technology. The focus is to support demanding clients by collecting time-critical data with the use of unmanned technology.

Founded in 2014, the company has offices in Sandnes, Oslo, and Frankfurt, and has quickly become one of Europe’s leading providers of unmanned systems and services, with operations across the continent.The company is ISO 9001-2015 certified by DNV-GL for the operation, maintenance and sales of unmanned systems and sensor technology.

For more information visit nordicunmanned.com

Attachments
  • NUMND 2021 Notice of Extraordinary General Meeting.pdf
  • NUMND 2021 Nomination Committee Proposal EGM.pdf
English

Alefarm Brewing enters into agreement with Dagrofa and MENY

Alefarm Brewing A/S has entered into agreement with Dagrofa about the distribution and sales of beer in all of the 111 MENY locations in Denmark. This is a ground-breaking development that will bring quality craft beer directly to customers across the country. The agreement has a potential value of DKK 3,3 million in revenue during the first year.

Company Announcement no. 13 Alefarm Brewing has entered into agreement with Dagrofa about the distribution and sales of beer in all of the 111 MENY locations in Denmark

Alefarm Brewing A/S ("ALEFRM" or "the Company") is a family-run craft brewery with a focus on brewing high-quality craft beer for consumers and distributors worldwide. Today, the Company is announcing that it has entered into agreement with Dagrofa about the exclusive distribution and sales of beer in all of the 111 MENY locations in Denmark.

With this announcement, Alefarm Brewing and Dagrofa are paving the way for the future of craft beer. It is the ambition of both parties to make available to grocery store customers top-shelf offerings in the craft beer category to match the ambitions of MENY as a supplier of high quality products in all areas.

Alefarm Brewing will sell beers exclusively to Dagrofa for distribution and sales in all of the MENY stores. In turn to maintain exclusivity, Dagrofa pledges to place orders worth a potential total value of DKK 3,3 million a year beginning September 15, 2021 with a 10% yearly increase each following year.

The agreement is limited to grocery stores and supermarkets. Alefarm Brewing will maintain all of its national sales to bottle shops, specialty stores, restaurants, bars, wine shops, online resellers etc.

Kasper Tidemann, Founder and CEO, gives the following statement in this regard:

"This agreement is a monumental development not only for Alefarm Brewing, but for the craft beer category as a whole. We are bringing freshly produced craft beer to the shelves at each and every MENY in Denmark, making it possible for customers to buy top-shelf high quality craft beer right there in the store. Just imagine being able to buy a carefully crafted imperial stout with cocoa nibs and tonka beans during the winter season right off the shelves at your local MENY. This is amazing - and a revolutionary undertaking in the quest to expand the reach of locally-produced craft beer in Denmark."

Additional information

For more information about the agreement with Dagrofa and MENY, please refer to the press release attached to this company announcement.

In addition, the Founder and CEO of Alefarm Brewing, Kasper Tidemann, can be contacted via e-mail sent to kt@alefarm.dk. Appointed Certified Adviser of the Company is Norden CEF and John Norden, who can be contacted via e-mail sent to jn@nordencef.dk or by phone via +45 20720200.

Contacts
  • Kasper Tidemann, Stifter og CEO, +45 3144 17 60, kt@alefarm.dk
About Alefarm Brewing

Alefarm Brewing is a family-run craft brewery that produces high-end craft beer for consumers worldwide. The brewery is located in Greve, Denmark and has a focus on modern hoppy offerings, a wide array of unique, flavorful farmhouse ales and full-bodied stouts that are rich in flavor and character.

Attachments
  • Download announcement as PDF.pdf
  • Press Release.pdf
  • Afterglow.jpg
  • Ante Meridiem.jpg
  • Dayglow.jpg
English

End of Stabilization period

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

Company announcement no. 17/2021

With reference to the prospectus published by Aquaporin A/S (“Aquaporin” or the “Company”) on 14 June 2021 and company announcement no. 1/2021 dated 14 June 2021 regarding the result of the initial public offering (the “Offering” or the “IPO”) and admission to trading and official listing of the Company’s shares on Nasdaq Copenhagen A/S, company announcement no. 5/2021 regarding the results of the Offering dated 28 June 2021 and company announcement no. 6/2021 dated 28 June 2021 regarding the beginning of the stabilization period, Aquaporin has received notification regarding the end of the stabilization period from Danske Bank A/S, in its capacity of stabilizing manager in the Offering (the “Stabilizing Manager”).

Danske Bank A/S has informed Aquaporin that it will not exercise its overallotment option. Accordingly 377,168 shares in Aquaporin previously transferred to Danske Bank, pursuant to the share lending agreement described in the prospectus published by Aquaporin on 14 June 2021 will therefore be returned to M. Goldschmidt Capital A/S after which M. Goldschmidt Capital A/S holds 31.2% of the Company’s share capital and voting rights.

Danske Bank A/S has informed Aquaporin that during the stabilization period, stabilization transactions have been carried out in the temporary purchase certificates and the shares of Aquaporin. Reference is made to the attached announcement from Danske Bank A/S. No further stabilization transactions will take place.

 

For further information, please contact:

Niels Heering, Chairman

Peter Holme Jensen, CEO

Mikkel Tanderup, Head of Investor Relations

Contact information: +45 53 55 55 05, investorrelations@aquaporin.com

 

About Aquaporin

The Company is a water technology company headquartered in Denmark with operations in Denmark, Singapore and the United States. The aim of the Company’s technology is to contribute to a more sustainable world by focusing on encouraging responsible consumption of water. As a result, the Company is committed to developing and providing cost-efficient, sustainable and environmentally responsible solutions to the growing need for access to clean drinking water, treating and reusing wastewater and improving concentration and separation performance. For this purpose, the Company has developed a proprietary and patent-protected formulation for the protein aquaporin, which enables a high rejection rate of pollutants, high recovery rate of clean water and low energy consumption. The Company’s proprietary technology, Aquaporin Inside®, is based on Nobel Prize-winning research and used to clean and reuse water in our homes and in the industrial water and food and beverage industry. Aquaporin works with customers and partners around the globe to sustainably treat industrial wastewater, concentrate food and beverage products and enhance drinking water quality and accessibility. Read more on www.aquaporin.com

 

Important notice

This announcement does not constitute 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 or subscribe for any securities in Aquaporin A/S (the “Company”), except on the basis of information in the prospectus published by the Company in connection with the offering and admission of such securities to trading and official listing on Nasdaq Copenhagen A/S. Copies of the prospectus is 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 Aquaporin 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 any offering of the securities in the United States.

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) "qualified investors" (as defined in the UK Prospectus Regulation) who are (a) investment professionals falling within Article 19(5) of the UK Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (b) high net worth entities falling within Article 49(2)(a) – (d) of the Order (the persons described in (i) and (ii) 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. The "UK Prospectus Regulation" means Regulation (EU) 2017/1129 as it forms part of domestic law in the United Kingdom by virtue of the European Union (Withdrawal) Act 2018.

Danske Bank A/S (the “Global Coordinator”) and its respective affiliates are acting exclusively for the Company and the Selling Shareholders and no-one else in connection with the Offering. The Global Coordinator will not regard any other person as its respective clients in relation to the Offering and will not be responsible to anyone other than the Company and the Selling Shareholders for providing the protections afforded to its respective clients, nor for providing advice in relation to the Offering, the contents of this announcement or any transaction, arrangement and/or other matter referred to herein. In connection with the Offering, the Global Coordinator and any of its affiliates, acting as investors for their own accounts, may purchase or subscribe for shares and in that capacity may retain, purchase, sell, offer to sell or otherwise deal for their own accounts in such shares and other securities of the Company or related instruments in connection with the Offering or otherwise. Accordingly, references in the Prospectus to the shares being issued, offered, subscribed for, acquired, placed or otherwise dealt in should be read as including any issue or offer to, or subscription, acquisition, placing or dealing by, the Global Coordinator and any of its affiliates acting as investors for their own accounts. The Global Coordinator does 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.  

 

Information for distributors

Solely for the purposes of the product governance requirements contained within: (a) Directive 2014/65/EU of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU, as amended ("MiFID II"); (b) Articles 9 and 10 of Commission Delegated Directive (EU) 2017/593 of 7 April 2016 supplementing MiFID II with regard to safeguarding of financial instruments and funds belonging to clients, product governance obligations and the rules applicable to the provision or reception of fees, commissions or any monetary or non-monetary benefits; and (c) local implementing measures (together, the "MiFID II Product Governance Requirements"), and disclaiming all and any liability, whether arising in tort, contract or otherwise, which any "manufacturer" (for the purposes of the MiFID II Product Governance Requirements) may otherwise have with respect thereto, the shares that are the subject of the Offering (the "Offered Shares") have been subject to a product approval process, which has determined that the Offered Shares are: (i) compatible with an end target market of retail investors and investors who meet the criteria of professional clients and eligible counterparties, each as defined in MiFID II; and (ii) eligible for distribution through all distribution channels as are permitted by MiFID II (the "Target Market Assessment"). Notwithstanding the Target Market Assessment, distributors should note that: the price of the Offered Shares may decline and investors could lose all or part of their investment; the Offered Shares offer no guaranteed income and no capital protection; and an investment in the Offered Shares is compatible only with investors who do not need a guaranteed income or capital protection, who (either alone or in conjunction with an appropriate financial or other adviser) are capable of evaluating the merits and risks of such an investment and who have sufficient resources to be able to bear any losses that may result therefrom. The Target Market Assessment is without prejudice to the requirements of any contractual, legal or regulatory selling restrictions in relation to the Offering. Furthermore, it is noted that, notwithstanding the Target Market Assessment, the Global Coordinator will only procure investors who meet the criteria of professional clients and eligible counterparties (except for a public offering to investors in Denmark conducted pursuant to this Prospectus that has been approved by and registered with the Danish Financial Supervisory Authority).

For the avoidance of doubt, the Target Market Assessment does not constitute: (a) an assessment of suitability or appropriateness for the purposes of MiFID II; or (b) a recommendation to any investor or group of investors to invest in, or purchase, or take any other action whatsoever with respect to the Offered Shares.

Each distributor is responsible for undertaking its own target market assessment in respect of the Offered Shares and determining appropriate distribution channels.

 

Attachments
  • Download announcement as PDF.pdf
  • Aquaporin - Stabilization measures taken summary.pdf
English

Stabilization measures taken

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

Company announcement no. 16/2021

With reference to the company announcement no. 6/2021 dated 14 June 2021 regarding the beginning of the stabilization period following the initial public offering and admission to trading and official listing of the shares of Aquaporin A/S (“Aquaporin”) on Nasdaq Copenhagen (the “Offering”), Aquaporin has received notification that Danske Bank, acting as Stabilizing Manager in the Offering, has taken the stabilization measures between 16 July 2021 and 26 July 2021 as set out in the attached notification with respect to the shares of Aquaporin.

 

For further information, please contact:

Niels Heering, Chairman

Peter Holme Jensen, CEO

Mikkel Tanderup, Head of Investor Relations

Contact information: +45 53 55 55 05, investorrelations@aquaporin.com

 

About Aquaporin

The Company is a water technology company headquartered in Denmark with operations in Denmark, Singapore and the United States. The aim of the Company’s technology is to contribute to a more sustainable world by focusing on encouraging responsible consumption of water. As a result, the Company is committed to developing and providing cost-efficient, sustainable and environmentally responsible solutions to the growing need for access to clean drinking water, treating and reusing wastewater and improving concentration and separation performance. For this purpose, the Company has developed a proprietary and patent-protected formulation for the protein aquaporin, which enables a high rejection rate of pollutants, high recovery rate of clean water and low energy consumption. The Company’s proprietary technology, Aquaporin Inside®, is based on Nobel Prize-winning research and used to clean and reuse water in our homes and in the industrial water and food and beverage industry. Aquaporin works with customers and partners around the globe to sustainably treat industrial wastewater, concentrate food and beverage products and enhance drinking water quality and accessibility. Read more on www.aquaporin.com

 

Important notice

This announcement does not constitute 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 or subscribe for any securities in Aquaporin A/S (the “Company”), except on the basis of information in the prospectus published by the Company in connection with the offering and admission of such securities to trading and official listing on Nasdaq Copenhagen A/S. Copies of the prospectus is 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 Aquaporin 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 any offering of the securities in the United States.

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) "qualified investors" (as defined in the UK Prospectus Regulation) who are (a) investment professionals falling within Article 19(5) of the UK Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (b) high net worth entities falling within Article 49(2)(a) – (d) of the Order (the persons described in (i) and (ii) 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. The "UK Prospectus Regulation" means Regulation (EU) 2017/1129 as it forms part of domestic law in the United Kingdom by virtue of the European Union (Withdrawal) Act 2018.

Danske Bank A/S (the “Global Coordinator”) and its respective affiliates are acting exclusively for the Company and the Selling Shareholders and no-one else in connection with the Offering. The Global Coordinator will not regard any other person as its respective clients in relation to the Offering and will not be responsible to anyone other than the Company and the Selling Shareholders for providing the protections afforded to its respective clients, nor for providing advice in relation to the Offering, the contents of this announcement or any transaction, arrangement and/or other matter referred to herein. In connection with the Offering, the Global Coordinator and any of its affiliates, acting as investors for their own accounts, may purchase or subscribe for shares and in that capacity may retain, purchase, sell, offer to sell or otherwise deal for their own accounts in such shares and other securities of the Company or related instruments in connection with the Offering or otherwise. Accordingly, references in the Prospectus to the shares being issued, offered, subscribed for, acquired, placed or otherwise dealt in should be read as including any issue or offer to, or subscription, acquisition, placing or dealing by, the Global Coordinator and any of its affiliates acting as investors for their own accounts. The Global Coordinator does 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.  

 

Stabilization

In connection with the Offering, the Global Coordinator in its capacity as stabilizing manager (or persons acting on behalf of the Global Coordinator) may over-allot shares or effect transactions with a view to supporting the market price of the shares at a level higher than that which might otherwise prevail. Otherwise, there is no assurance that the Global Coordinator (or persons acting on behalf of the Global Coordinator) will undertake stabilization. Any stabilization action may begin on or after the date of commencement of trading of the temporary purchase certificates on Nasdaq Copenhagen and, if begun, may be ended at any time, but it must end no later than 30 days after the commencement of trading of the temporary purchase certificates on Nasdaq Copenhagen.

 

Information for distributors

Solely for the purposes of the product governance requirements contained within: (a) Directive 2014/65/EU of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU, as amended ("MiFID II"); (b) Articles 9 and 10 of Commission Delegated Directive (EU) 2017/593 of 7 April 2016 supplementing MiFID II with regard to safeguarding of financial instruments and funds belonging to clients, product governance obligations and the rules applicable to the provision or reception of fees, commissions or any monetary or non-monetary benefits; and (c) local implementing measures (together, the "MiFID II Product Governance Requirements"), and disclaiming all and any liability, whether arising in tort, contract or otherwise, which any "manufacturer" (for the purposes of the MiFID II Product Governance Requirements) may otherwise have with respect thereto, the shares that are the subject of the Offering (the "Offered Shares") have been subject to a product approval process, which has determined that the Offered Shares are: (i) compatible with an end target market of retail investors and investors who meet the criteria of professional clients and eligible counterparties, each as defined in MiFID II; and (ii) eligible for distribution through all distribution channels as are permitted by MiFID II (the "Target Market Assessment"). Notwithstanding the Target Market Assessment, distributors should note that: the price of the Offered Shares may decline and investors could lose all or part of their investment; the Offered Shares offer no guaranteed income and no capital protection; and an investment in the Offered Shares is compatible only with investors who do not need a guaranteed income or capital protection, who (either alone or in conjunction with an appropriate financial or other adviser) are capable of evaluating the merits and risks of such an investment and who have sufficient resources to be able to bear any losses that may result therefrom. The Target Market Assessment is without prejudice to the requirements of any contractual, legal or regulatory selling restrictions in relation to the Offering. Furthermore, it is noted that, notwithstanding the Target Market Assessment, the Global Coordinator will only procure investors who meet the criteria of professional clients and eligible counterparties (except for a public offering to investors in Denmark conducted pursuant to this Prospectus that has been approved by and registered with the Danish Financial Supervisory Authority).

For the avoidance of doubt, the Target Market Assessment does not constitute: (a) an assessment of suitability or appropriateness for the purposes of MiFID II; or (b) a recommendation to any investor or group of investors to invest in, or purchase, or take any other action whatsoever with respect to the Offered Shares.

Each distributor is responsible for undertaking its own target market assessment in respect of the Offered Shares and determining appropriate distribution channels.

Attachments
  • Download announcement as PDF.pdf
  • Aquaporin - Mid-Stabilization Period Notice.pdf
English

Per Aarsleff Holding A/S announces transactions carried out under the current share buyback programme in accordance with the "safe harbour method"

On 28 June 2021, Per Aarsleff Holding A/S launched a share buyback programme, as described in company announcement no. 9 of 28 May 2021. According to the programme, Per Aarsleff Holding A/S will in the period until 1 April 2022 buy back own B shares up to a maximum value of DKK 125 million and with a maximum of 500,000 B shares. The share buyback programme will be implemented in accordance with Regulation (EU) no. 596/2014 of 16 April 2014 of the European Parliament and Council and Commission Delegated Regulation (EU) no. 2016/1052, also referred to as the Safe Harbour rules.                                                                 

Trading day

Number of shares bought back

Average purchase price

Amount, DKK

16: 19 July 2021

2,037

268.20

546,329.92

17: 20 July 2021

1,794

270.73

485,684.42

18: 21 July 2021

2,578

275.27

709,642.97

19: 22 July 2021

2,814

276.34

777,610.91

20: 23 July 2021

133

276.75

36,808.00

Accumulated trading for days 16-20 

9,356

273.20

2,556,076.22

Total accumulated during the  share buy-back programme

40,374

280.44

11,322,528.31

 See the enclosure for information about the individual transactions made under the share buyback programme.

Contacts
  • Jesper Kristian Jacobsen, Administrerende direktør / CEO, +45 8744 2222
About Per Aarsleff Holding A/S

The Aarsleff Group is a building construction and civil engineering group with an international scope and a market leading position in Denmark. The Group comprises a portfolio of independent, competitive companies each with their own specialist expertise. 

Attachments
  • Share repurchase specification week 29 2021.pdf
  • Aktietilbagekøb uge 29 2021_UK.pdf
Danish, English

Mdundo and SportPesa sign 1-year advertising partnership deal in Tanzania

This announcement contains inside information. SportPesa Limited is a leading entertainment and sports betting brand with operations across Africa, the partnership with Mdundo.com guarantees strong brand visibility throughout the upcoming football season within Mdundo’s 8.7m monthly unique users. The partnership, valued at $100,000, illustrates the increasing number of long-term advertisement partnerships established by Mdundo with pan-African consumer brands co-creating long-term commercial value for both parties. The deal supports Mdundo’s expectation of an increase in revenue in 2021/22 of +300% compared to last financial year ending June 2021.

Company Announcement no 10-2021

The brand solution team at Mdundo.com has over the last year further established itself in key commercial territories, Kenya, Tanzania, Nigeria, Ghana and Uganda and as a result successfully executed campaigns with top brands such as Standard Chartered Bank, Nivea, 9mobile, Safaricom, Coca-Cola, Guinness, Airtel, Vodacom, Carrefour Supermarket and various Diageo brands across the continent.

Head of Brand Partnerships at Mdundo.com, Rachel Karanu, says “Creating commercial value for our brand partners is key to a long-term and sustainable partnership. SportPesa is an extremely innovative and forward-thinking brand with a strong focus on meaningful brand connections to drive results. We’re looking forward to working with the strong marketing team at SportPesa”.

SportPesa Limited has established a leading brand within Tanzania through a strong focus on data-driven marketing and channel-optimisation, a brand-strategy that is strongly aligned with Mdundo’s Brand Lift Tool introduced earlier in the year. The tool provides consumer brands with real-time insights on brand performance within the Mdundo Audience allowing the marketing teams to continuously optimise campaigns and improve the returns of media investments.

SportPesa Chairman of Board of Directors Tarimba Abbas says “we are very excited to start working with Mdundo.com on this project, considering with the successful campaigns of other strong brands we are expecting for excellent results during this fact-based campaign.

Outlook: Mdundo is expecting a total revenue of $370,000 for the financial year ending June 2021 and a growth to $1.5m for the current financial year ending June 2022.

About Mdundo: Mdundo is one of Africa’s leading music services with 8.7m monthly active users as of June 2021. Mdundo works with more than 100,000 African musicians directly signed to the platform and has licensing agreements with major international and pan-African record labels and distributors like Warner Music Group, Believe Digital & Tunecore, Africori among others.

About SportPesa: SportPesa Limited is a leading entertainment and sports betting brand with operations in Tanzania, Kenya, South Africa,  Ireland, the Isle of Man, and the UK.  SportPesa currently has sponsorship deals with Simba SC and Yanga SC, the leading teams in the Tanzania Premier League and Namungo FC. Since it started its operations in 2017 SportPesa Tanzania has hosted historical events like SportPesa Cup, Everton in Tanzania, Sevilla in Tanzania, Coaches to Count On, and Kits for Africa.in 2017 SportPesa Tanzania has hosted historical events like SportPesa Super Cup, Everton in Tanzania, Sevilla in Tanzania and Kits for Africa.

Contacts
  • Jesper Vesten Drescher, Bestyrelsesformand/Chairman of the board, +4523229900, ir@mdundo.com
  • Martin Nielsen, CEO, +4593944055, +254708911840, martin@mdundo.com
About Mdundo.com A/S

Mdundo is a leading music service for Africa with millions of people streaming and downloading music from our app and website every month. We aim to provide Africa’s millions of internet users with easy access to music whilst contributing structure, legality, and income to the sector. More info: https://mdundo.com/

Mdundo.com A/SJagtvænget 22920 Charlottenlundwww.mdundo.com

Certified Adviser Kapital Partner ApSJernbanegade 41608 København V+45 89 88 78 46www.kaptalpartner.dk

Attachments
  • Download announcement as PDF.pdf
Danish, English

Announcements

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