LONDON, UK: Seeing Machines Limited, the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, has signed a Global Framework Agreement with Shell Global Solutions International B.V. (Shell) for the provision of its Driver Distraction and Fatigue Technology (DDFT), Guardian, to enhance safety across its worldwide operations. Shell, a…
Kaspi.kz completes acquisition of Portmone Group
KAZAKHSTAN: JSC Kaspi.kz, which operates the Kaspi.kz Super App, Kazakhstan’s leading mobile Super App, today announced that it has received all necessary regulatory approvals and completed the acquisition of 100% of Portmone Group, a payments company operating in Ukraine. Mikhail Lomtadze, Kaspi.kz CEO and co-founder, commented: “With its payments licenses and substantial merchant and bank…
MobilityOne Limited signs Australia joint venture agreement
LONDON, UK: MobilityOne, the e-commerce infrastructure payment solutions and platform provider, announces that M1 AP Sdn Bhd (M1 AP), a wholly-owned subsidiary of the Group incorporated in Malaysia, has entered into a joint venture cum shareholders agreement with One M Tech Pty Ltd to establish a new joint venture company in Australia (JVco). The purpose…
Ørsted signs new EUR 2 billion sustainability linked revolving credit facility
LONDON, UK: Ørsted A/S has signed a EUR 2.0 billion 5-year sustainability-linked syndicated revolving credit facility with two 1-year extension options. The facility is for general corporate purposes and replaces Ørsted’s existing, undrawn EUR 1.4 billion syndicated revolving credit facility entered into in December 2015. To help drive the efforts to meet Ørsted’s ambitious sustainability…
Pod Point considering IPO on London Stock Exchange
LONDON, UK: Pod Point, one of the United Kingdom’s leading providers of Electric Vehicle (EV) charging solutions, is considering an initial public offering (IPO) on the main market of the London Stock Exchange. The offer would comprise a primary offer of new shares to be issued by Pod Point with proceeds supporting Pod Point’s growth…
Manx Financial acquires remaining shareholding in BLX
LONDON, UK: Manx Financial Group’s subsidiary Bradburn Limited has exercised its option to acquire the remaining issued share capital of The Business Lending Exchange Limited (BLX) from its existing shareholders. As announced in February 2018, the Group acquired 40% of the issued share capital of BLX. As part of that transaction, the Group negotiated an…
Tungsten West announces £39 million IPO on LSE
LONDON, UK: Tungsten West, the mining Company focussed on recommencing production at the Hemerdon tungsten and tin mine in Devon, England, announced its intention to proceed with an initial public offering (IPO), comprising an institutional placing and subscription. Tungsten West has conditionally raised £39 million before expenses from the offer of 65 million new ordinary…
Pantheon Infrastructure to float shares on London Stock Exchange
LONDON, UK: Pantheon Infrastructure Plc (PINT) intends to launch an initial public offering (IPO) and to admit its Ordinary Shares to the premium segment of the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange plc’s Main Market. Pantheon Infrastructure Plc (PINT) will target attractive risk-adjusted total returns comprising…
Aptitude Software acquires eSuite provider, MPP Global for £37.1mn
LONDON, UK: Aptitude Software Group, the specialist provider of finance transformation and automation software, has acquired MPP Global Solutions Limited, an international provider of cloud-based subscription management and billing technology (eSuite) for a total enterprise value of £37.1 million. MPP Global’s eSuite platform, focused on the subscription economy, offers a modular, cloud-based, end-to-end SaaS solution…
Sistema to partially sell stake in Segezha Group for $150mn
MOSCOW, RUSSIA: Sistema PJSFC has entered into an agreement to sell certain amount of ordinary shares of PJSC Segezha Group, a leading vertically integrated holding company in the timber industry performing a full cycle of operations from logging to advanced wood processing, to Bonum Capital Ltd for a total price of USD 150 million. The…
Harmony Energy Income Trust plans GBP 230mn IPO on LSE
LONDON, UK: Harmony Energy Income Trust, an externally managed investment company that will invest in UK energy storage assets, intends to undertake an initial public offering (IPO) on the Specialist Fund Segment of the Main Market of the London Stock Exchange, by way of an initial institutional placing and offer for subscription for a target…
Ross Thompson appointed CEO of People Infrastructure Ltd
SYDNEY, AUSTRALIA: People Infrastructure Ltd today announced the appointment of Ross Thompson as its new Chief Executive Officer (CEO) commencing on 25 October 2021. Mr Thompson joins People Infrastructure from UK listed firm RPS where he was CEO of its Australia Asia Pacific business and prior to that held senior executive roles at ASX 200-listed…