OSLO: Saga Pure ASA is contemplating an equity offering through the issue of up to 30 million shares at a price per Offer Share to be determined in a bookbuilding process, a news release said. The net proceeds will increase the Company’s investment capacity in the green investment universe. Fearnley Securities AS has been retained…
Category: Oslo Bourse
Corporate News, Oslo Bourse, M&A, Investment
Egil Fagerland appointed CFO of Aker Carbon Capture
OSLO: Egil Fagerland has been appointed chief financial officer of Aker Carbon Capture, with effect from April 1, 2021. Fagerland joins the company from DeepOcean, where he was head of ERP and Business Systems. He previously held various roles at Aker Solutions’ finance department from 2012 till 2020, including as senior vice president, group controlling…
Elliptic Labs and Xiaomi launch flagship Xiaomi Mi 11 smartphone
OSLO: Elliptic Labs — the world leader in Virtual Smart Sensors — and Xiaomi, the fastest growing smartphone manufacturer in Europe, have launched the flagship smartphone Xiaomi Mi 11 as the latest leader in smartphone design. The Xiaomi Mi 11 uses Elliptic Labs’ AI Virtual Smart Proximity Sensor INNER BEAUTY and is the first smartphone…
IDEX Biometrics and Goldpac achieve China Union Pay certification for dual interface biometric payment cards
OSLO: IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, announced that its dual interface technology is included in a biometric payment card certified by China Union Pay (CUP). The certification was achieved with Goldpac Group Ltd, a global leading Fintech technology and service provider. Goldpac is a leading secure payment…
Norwegian Air Shuttle announces conversion of perpetual bonds, new share capital registered
OSLO: Reference is made to the Norwegian Air Shuttle ASA perpetual 0% EUR convertible bond loan in the aggregate amount of EUR 8.217 million. Norwegian Air Shuttle has received conversion notices from bondholders representing EUR 600,000 in this bond issue, which pursuant to standard terms set out in the bond terms are convertible into 16,079…
Skitude Holding announces share issue in connection with the acquisition of Spotlio AG
OSLO: The board of directors of Skitude Holding AS has today decided to go forward with the closing of the acquisition of Spotlio AG, and for this purpose resolved an issue of new shares in NOK equal to EUR 1.3 million at the EUR:NOK exchange rate of 10.65 as determined by Norges Bank at close…
Aker Solutions awarded contract for the Brevik Carbon Capture Project
OSLO: Aker Solutions has secured a contract from Aker Carbon Capture for engineering, procurement and management assistance to realize the CO2 capture plant at Norcem’s cement factory in Brevik, Norway. The project will start in January 2021 and work will be completed in 2024. The contract has a value of about NOK 500 million. The…
Everfuel signs EUR 20.7 million EIB-loan for green transport in Denmark
HERNING: Everfuel A/S has signed a Euro 20.7 million loan agreement with The European Investment Bank (EIB), to scale up and commercialize hydrogen production for use as an alternative fuel for public and heavy-duty fuel cell vehicles. The financing is supported under the Future Mobility product, backed by the Connecting Europe Facility (CEF) and the…
Cognite and Aramco sign JV to focus on digitalization across industries in the region
OSLO: Cognite AS, a global industrial software company and majority-owned subsidiary of Aker ASA, has signed a joint venture (JV) agreement with Saudi Aramco Development Company, a subsidiary of The Saudi Arabian Oil Company, as part of the two companies’ strategic partnership on industrial digitalization and sustainability initiatives. The JV is one of the initiatives…
Mutares signs binding offer to acquire majority stake in Carglass Maison Group
MUNICH: Belron has entered into exclusive negotiations with Mutares and HomeServe France in preparation for the sale of Carglass Maison Group (CGM), on the basis of a firm and binding offer which follows a broad competitive process. This important step launches a period of consultations and approvals which should result in a finalized transaction in…
Veidekke signs new bank financing agreements
OSLO: Veidekke ASA has entered into agreements to refinance existing bank loans in DNB and SEB. The agreements are part of the adjustment of the group’s capital structure and financing conditions following the divestment of Veidekke Property Development in early autumn. Veidekke has restructured the current overdraft facility with the group’s main bank DNB to…
Aker Solutions wins bid for Ormen Lange onshore scope
OSLO: Aker Solutions has been awarded a letter of intent from Norske Shell for the Ormen Lange Phase 3 (OLP3) onshore project, a news release said. The scope is to integrate the wet gas subsea compression system with the Nyhamna onshore gas plant in Norway. Subsea compression will enable increased recovery from the Shell-operated Ormen…