STOCKHOLM: Icelandair Group has decided to initiate a process to sell its subsidiary Iceland Travel. The decision is made in line with Icelandair Group’s strategy to focus on its flight operations, its core business. During the sales process, the objective will be to maximize the value of the company, while at the same time preserving…
Category: Nasdaq Nordic
Corporate announcement by companies listed on Nasdaq Nordic
Municipality Finance issues $1.5 billion benchmark under MTN programme
HELSINKI: Municipality Finance Plc issues USD 1.5 billion benchmark on 20 January 2021. The maturity date of the benchmark is 20 March 2026. The benchmark bears interest at a fixed rate of 0.625 % per annum. The benchmark is issued under MuniFin’s EUR 40 billion programme for the issuance of debt instruments. The offering circular…
Plc Uutechnic Group Oyj’s CEO Jouko Peräaho steps down position, Dominic Hill appointed new CEO
HELSINKI: Plc Uutechnic Group Oyj’s CEO Jouko Peräaho steps down from his position as the company’s CEO. Peräaho has held the CEO position since March 2017, and before that, he has acted as Uutechnic Oy’s CEO since its founding. Peräaho will step down from the CEO position effective immediately, and will continue as a member…
An van Es Johansson resigns as board director in BioInvent International
LUND, SWEDEN: BioInvent International AB announced that An van Es Johansson will resign as a director of the board effective as of 15 February 2021. She has served as a director of the board since 2016. The resignation is due to personal reasons. She will continue to advise BioInvent as an independent advisor. BioInvent International…
MGI to acquire award-winning US game developer KingsIsle for upto $210 million
STOCKHOLM: Media and Games Invest (MGI) entered into an agreement with the shareholders of KingsIsle Entertainment Inc. to acquire 100 percent of the shares of KingsIsle, a news release said. KingsIsle, based in Austin, Texas, is a leading game developer and publisher. The fully owned Massive-Multiplayer-Games Wizard101 and Pirate101 are having very loyal communities and…
Serneke’s rights issue oversubscribed
STOCKHOLM: Serneke Group AB announced that the Company’s subscription ratio in the rights issue amounts to 187 percent. The subscription period for the rights issue ended on 13 January 2021. The final result in the rights issue shows that 3,060,929 series B shares, corresponding to approximately 95.5 per cent of the offered shares, were subscribed…
Christopher Blandford-Newson appointed CEO of Bayport Management Limited
STOCKHOLM: The Board of Bayport Management Ltd (BML) notified that Christopher Blandford-Newson has been appointed as the new Chief Executive Officer of the Company, effective January 2021. Christopher has served as an independent non-executive director on the Board since June 2019. The Board of BML wishes to thank Grant Kurland and Stuart Stone for their…
Catrin Fransson resigns as CEO for Swedish Export Credit Corporation
STOCKHOLM: Catrin Fransson has informed the Board of her intention to resign as CEO at Swedish Export Credit Corporation. She has a six month notice period, and will continue working in her present position until further notice. Swedish Export Credit Corporation is a state-owned company that finances the Swedish export industry and creates employment and…
Merger between Vestjysk Bank A/S and Den Jyske Sparekasse A/S approved
COPENHAGEN: Today, the Danish Financial Supervisory Authority approved the merger between Vestjysk Bank A/S and Den Jyske Sparekasse A/S. Moreover, the merger was adopted at the general meetings of both banks, and the Danish Competition and Consumer Authority has also approved the merger. Hence, all conditions of the merger are met. The merger will now…
AAK appoints Tomas Bergendahl as new Chief Financial Officer
COPENHAGEN: Tomas Bergendahl has been appointed new Chief Financial Officer of AAK AB (publ.) and will assume his position no later than August 1, 2021. Tomas joins AAK with extensive experience and a solid finance background. For the past five and a half years he has served as CFO and Executive Vice President at COWI…
Eolus Vind signs procurement agreement for three wind farms in Sweden
HÄSSLEHOLM: Eolus Vind AB has signed individual Power Purchase Agreements (PPAs) with a major global energy company for three wind power projects in Sweden that will be commissioned in the autumn of 2023 that total 68 MW. The wind farms have been sold to Commerz Real in an agreement that was made public on September…
Skanska signs new tenant lease for office tower in downtown Houston, Texas
HELSINKI: Skanska has signed a 15-year lease with the international law firm Norton Rose Fulbright for its planned 28 floor office development in downtown Houston, Texas, USA. The law firm will rent 32 percent of the total space. The project is located in Houston’s Central Business District, adjacent to Discovery Green and close to Bank…