LONDON, UK: City of London Group (COLG) has announced a capital raise of £11.4 million through a share subscription and a raise of up to £6.9 million through an open offer of new ordinary shares, as the company moves to establish a new UK SME bank, Recognise Bank Limited, a subsidiary of COLG. City of…
NIC at LUMS brings Stanford SEED’s SPARK program to Pakistan
LAHORE, PAKISTAN: National Incubation Center Lahore at LUMS is collaborating with Stanford University’s Graduate School of Business to launch its SPARK program for Pakistani entrepreneurs. An offering of Stanford SEED, this four-month program is for early-stage entrepreneurs in traction or growth stage and seeks to empower them with practical tools to refine and develop their…
Ethernity CLOUD announces results of recent token pre-sale
MUNICH, GERMANY: Ethernity CLOUD announced the successful completion of their token presale round. They have sold 90% of the available presale tokens in just 9 hours. The remaining 10% were sold out early the next morning. The entire presale has been sold out in full in about 25 hours. According to the team, the community…
Alternus Energy appoints Tone Bjørnov to BoD
DUBLIN, IRELAND: Alternus Energy Group announced the appointment of Tone Bjørnov as a non-Executive Board Director with immediate effect. Tone Bjørnov is a full-time portfolio non-executive chair of boards and board member. Ms. Bjørnov worked with DNB, Norway’s largest financial institution, for twenty years, primarily with large corporate clients in Oslo and London and held…
Cordoba to purchase 32.5% shares in capital markets technology firm
KARACHI: Cordoba Logistics & Ventures has decided to acquire 32.5 percent stake in Finox (Private) Limited, capital markets technology firm, at a purchase price of Rs31 million, a news release said. Finox is an award-wining capital markets technology firm that provides digital infrastructure solutions for financial institutions and investors. Finox builds cutting-edge wealth management, robo-advisory,…
KMC Properties signs NOK 620mn deal with Slakteriet Holding
OSLO, NORWAY: KMC Properties ASA, a real estate company focusing on industrial and logistic properties, today announced the signing of a Letter of Intent (LOI) with Slakteriet Holding AS to build a new salmon slaughterhouse facility at Florø, in the Vestland county on the Norwegian western coast. The investment is estimated at NOK 620 million….
Aegon completes share buyback program
AMSTERDAM: Aegon has completed the share buyback program to neutralize the dilutive effect of the 2020 final dividend paid in shares and certain share-based variable compensation plans for senior management, as announced on July 7, 2021. The repurchased shares will be held as treasury shares and will either be used to cover future dividends to…
Synectics plc gets contract for new refinery project
LONDON, UK: Synectics plc, a leader in the design, integration and support of advanced security and surveillance systems, announced the award of a contract worth approximately £1.0 million for the Dos Bocas refinery in south-eastern Mexico. Synectics and its integration partner, Mathieson Elco, have been awarded a contract by Samsung Engineering to provide safety monitoring…
Ocean signs $30mn outdoor advertising deal with Canary Wharf
LONDON, UK: Ocean Outdoor Limited has been appointed the exclusive outdoor media partner (outdoor advertising) for the Canary Wharf Group. Ocean Outdoor is a leading operator of premium Digital Out-of-Home (DOOH) advertising in the United Kingdom, the Netherlands, the Nordics and Germany. Ocean has been awarded a new long-term DOOH advertising contract with a lifetime…
Stuart Morrison appointed COO of Serinus Energy
JERSEY, CHANNEL ISLANDS: Serinus Energy plc announced the appointment of Mr. Stuart Morrison as Chief Operating Officer of the Company. Mr. Morrison has over 34 years of oil and gas industry operational experience in numerous senior management roles. Early in his career he worked as a Petroleum and Reservoir Engineer with BP Research, British Gas,…
DeepVerge collaborates Microsaic for water & soil analysis
LONDON, UK: Microsaic announced continued progress through its collaboration with DeepVerge plc to provide real-time monitoring solutions to detect and identify contaminants in water and soil. Microsaic has launched a miniaturised mass spectrometer platform which provides fully integrated front-end solutions, with software upgrades using AI from DeepVerge, to achieve triple quadrupole limits of detection for…
OMV Petrom to be included in FTSE Russell indices
LONDON, UK: Starting with September 20, 2021, OMV Petrom will be included in the indices of the global supplier FTSE Russell, as a result of meeting eligibility criteria, including the shares liquidity and the size of market capitalization. These indices are: FTSE Global All-World, FTSE Global All-Cap, FTSE Global Total-Cap and FTSE Global Mid Cap….