company news

MENTOR: Melding om aksjehandel

Company news

2024-05-22 15:35:34

Hulda Tronstad har onsdag den 22. mai 2024 kjøpt 1.800 aksjer i Mentor Medier AS til en kurs på 16,- per aksje.

Hulda Tronstad er fast møtende varamedlem til styret i Mentor Medier AS.

Etter transaksjonen eier Hulda Tronstad som privatperson 2.000 aksjer i Mentor Medier AS, i tillegg til at hun eier 29.310 aksjer gjennom sitt aksjeselskap Hulda Tronstad AS. Til sammen utgjør dette 0,576 % av aksjekapitalen.

  

JACK: Jacktel AS - Annual General Meeting Minutes

Company news

2024-05-22 11:55:02

The annual general meeting of Jacktel AS was held on 22 May 2024. All the items on the agenda were approved by the general meeting.

Please find minutes from the annual general meeting enclosed.

   Minutes AGM Jacktel 22 May 2024 - signed.pdf

GLEX: Årsregnskap og generalforsamling

Company news

2024-05-22 08:24:01

Glex AS will host the general meeting on 30 May 2024 at 14:00. The company's annual accounts and the board's annual report are attached.

Contact:
Enquiries: andrew.mccann@glex.no
Andrew McCann +47 415 07 726

http://www.glex.no  Årsregnskap2023.pdf
  Årsberetning 2023 Glex AS.pdf

MENTOR: Protokoll fra ordinær generalforsamling i Mentor Medier 2024 og utbetaling av utbytte

Company news

2024-05-22 07:49:22

Vedlagt følger protokoll fra ordinær generalforsamling i Mentor Medier AS tirsdag 14. mai 2024.

Det ble på generalforsamlingen besluttet å utbetale et utbytte på 60 øre per aksje. Utbetalingen skjer på grunnlag av aksjonærsituasjonen i selskapet per 14. mai 2024, og utbetalingen gjøres innen 30. mai 2024.

https://www.mentormedier.no/generalforsamling  Protokoll fra generalforsamling i Mentor Medier AS 14. mai 2024 signert.pdf

AKSJONÆRINFORMASJON 22.5.24

Company news

2024-05-22 07:45:20

ABBH AS-AKSJEN GÅR EX. KAPITALNEDSETTELSEN PÅ KR. 0,995 PR. AKSJE FRA I DAG 22. MAI 2024.

Styret viser til aksjonærmelding 14.5.24 om at ABBH AS utbetaler den gjennomførte kapitalnedsettelsen på kr. 0,995 pr. aksje til aksjonærene innen 31.5.24, og at ABBH-aksjen går ex. kapitalnedsettelsen fra i dag 22.5.24.

Ved spørsmål ta kontakt med administrerende direktør Terje Tandberg, tlf. 911 05 204, eller e-post terje.tandberg@abbh.no.

Billingstad, 22. mai 2024
Styret i ABBH AS

  

CrayoNano and Taiwan Semiconductor Lighting Company (TSLC) Announce Design-in Partnership

Company news

2024-05-22 07:44:36

Trondheim, Norway and ChuNan, Taiwan—2024 May 22—CrayoNano AS (NOTC:CNANO), a leader in UV-C LED technology, is pleased to announce a new strategic partnership with Taiwan Semiconductor Lighting Company (TSLC) Corporation, a prominent player in the LED industry, a fully integrated LED solutions provider specializing in module and full turnkey solutions for consumer, commercial and industrial fields. This collaboration marks CrayoNano's fourth partnership in the APAC region and signifies a significant step forward in sustainable and efficient solutions for various UV-C LED applications, including water, air and surface disinfection and curing.

The partnership between CrayoNano and TSLC aims to leverage the strengths of both companies to develop innovative UV-C LED disinfection solutions in the consumer, commercial and industrial segments, including new applications in aquaculture and agriculture. This collaboration will further expand CrayoNano's market reach and accelerate the adoption of its UV-C LED component technology in the APAC region. TSLC is renowned for providing high-quality, customized LED solutions, ranging from modules to specialized systems for general and specialty lighting applications, including UV-A and UV-C LED systems for curing and disinfection.

Customers will benefit from TSLC's 15+ years of design and engineering expertise and CrayoNano's UV-C LED component technology, ensuring the development of products that precisely fit specific application needs.

"We are excited to partner with TSLC and bring our UV-C LED technology to new markets," said Stefan Stockbauer, Global Sales Director of CrayoNano. "This partnership underscores our commitment to innovation and sustainability, and we look forward to the innovative solutions together that will emerge from this collaboration."

For more information about CrayoNano and TSLC, please visit crayonano.com and www.tslc.com.tw.

About CrayoNano AS

CrayoNano develops and manufactures nanomaterials-based semiconductor components using proprietary technologies. Headquartered in Trondheim, Norway with a branch office in Taiwan, CrayoNano supports our customers with global sales representatives and distributors in EMEA, APAC, and the Americas. CrayoNano’s innovative semiconductor components advance global solutions in health and safety, water purification, consumer, and industrial applications, and more. CrayoNano is registered on Euronext OTC in Norway under the ticker “CNANO”.

About TSLC Corporation

TSLC Corporation is a leading provider of bespoke and high-volume manufactured LED solutions in general and specialty lighting, committed to delivering high-quality, energy-efficient products for a wide range of applications in the consumer, automotive, commercial and industrial applications. With a focus on innovation and sustainability, TSLC continues to advance the LED industry through cutting-edge technology and strategic partnerships.

For media and sales inquiries, please contact:

CrayoNano Marketing
Email: marketing@crayonano.com
Phone: +47 72 90 98 60
Website: crayonano.com

TSLC Corporation
Email: sales@tslc.com.tw
Phone: +886 37 587 098
Website: www.tslc.com.tw

https://crayonano.com/investors 
https://crayonano.com/

Castor Maritime Inc. Reports Net Income of $22.3 Million for the Three Months Ended March 31, 2024

Company news

2024-05-16 15:18:45

https://castormaritime.com/media/66460577ed453.pdf

http://castormaritime.com 

Castor Maritime Inc. Extends Tender Offer to Purchase its Outstanding Common Share Purchase Warrants Issued on April 7, 2021

Company news

2024-05-16 15:17:32

Castor Maritime Inc. Extends Tender Offer to Purchase its Outstanding Common Share Purchase Warrants Issued on April 7, 2021

Limassol, Cyprus, May 16, 2024 – Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces today that it has extended the expiration date of its previously announced tender offer (the “Offer”) to purchase all of its outstanding Common Share Purchase Warrants issued on April 7, 2021 (the “Warrants”). The Offer is now scheduled to expire at 5:00 P.M. Eastern Time on May 31, 2024, unless further extended.

The Offer was previously scheduled to expire at 5:00 P.M. Eastern Time on May 20, 2024. The other terms of the Offer are as set forth in the Offer to Purchase dated April 22, 2024, as amended on May 16, 2024 and the Schedule TO including the exhibits thereto, dated April 22, 2024, as amended on May 16, 2024, each as amended and supplemented from time to time, and each of which have been filed with the U.S. Securities and Exchange Commission (“SEC”) and more fully set forth the terms and conditions of the Offer. The Company has filed an Amendment on Schedule TO with amended exhibits, including an Amended and Restated Offer to Purchase, and the Amendment may be accessed from the SEC’s website at www.sec.gov.

Important Additional Information about the Offer

This press release is for informational purposes only and is not a recommendation to buy or sell the Warrants or any other securities, and it is neither an offer to purchase nor a solicitation of an offer to sell Warrants or any other securities. The Company has filed an Issuer Tender Offer Statement on Schedule TO (the “Schedule TO”), including as exhibits, among other things, the Offer to Purchase, Letter of Transmittal and related materials, with the SEC. The Offer is only being made pursuant to the Offer to Purchase and related Letter of Transmittal filed as a part of the Schedule TO. Warrantholders should read carefully the Offer to Purchase and related Letter of Transmittal and the Schedule TO, including all exhibits, attachments, amendments and/or supplements thereto, prior to making any decision with respect to the Offer because such documents contain important information, including the various terms of, and conditions to, the Offer. Investors may obtain a free copy of the Schedule TO, the Offer to Purchase, the Letter of Transmittal and other documents that the Company has filed with the SEC at the SEC’s website at www.sec.gov. Holders of the Warrants may also request additional copies of Offer to Purchase and related Letter of Transmittal by contacting the Company at warrants@castormaritime.com or 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus, in each case directed to the attention of Petros Panagiotidis.

About Castor Maritime Inc.

Castor Maritime Inc. is an international provider of shipping transportation services through its ownership of oceangoing cargo vessels.

Castor owns a fleet of 12 vessels, with an aggregate capacity of 0.8 million dwt, currently consisting of three Kamsarmax vessels, seven Panamax dry bulk vessels, including the M/V Magic Horizon and the M/V Magic Vela, which the Company agreed to sell on January 29, 2024 and May 1, 2024 respectively, and two 2,700 TEU containership vessels.

For more information, please visit the Company’s website at www.castormaritime.com. Information on our website does not constitute a part of this press release.

Cautionary Statement Regarding Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking statements. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. We are including this cautionary statement in connection with this safe harbor legislation. The words “believe”, “anticipate”, “intend”, “estimate”, “forecast”, “project”, “plan”, “potential”, “will”, “may”, “should”, “expect”, “pending” and similar expressions identify forward-looking statements. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management’s examination of current or historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these forward-looking statements, including these expectations, beliefs or projections. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. In addition to these important factors, other important factors that, in our view, could cause actual results to differ materially from those discussed in the forward‐looking statements include the occurrence of any event, change or other circumstance that could cause us to record a different net gain or loss than expected on the sales of the M/V Magic Horizon and the M/V Magic Vela, factors and uncertainties in connection with the consummation of any sale of our vessels, the effects of the Company’s spin-off transaction or any similar transaction, our business strategy, dry bulk and containership market conditions and trends, the changes in the size and composition of our fleet, our ability to realize the expected benefits of vessel acquisitions, our relationships with our current and future service providers and customers, our ability to borrow under existing or future debt agreements or to refinance our debt on favorable terms and our ability to comply with the covenants contained therein, our continued ability to enter into time or voyage charters with existing and new customers and to re-charter our vessels upon the expiry of the existing charters, changes in our operating and capitalized expenses, our ability to fund future capital expenditures and investments in the acquisition and refurbishment of our vessels, instances of off-hire, fluctuations in interest rates and currencies, any malfunction or disruption of information technology systems and networks that our operations rely on or any impact of a possible cybersecurity breach, existing or future disputes, proceedings or litigation, future sales of our securities in the public market and our ability to maintain compliance with applicable listing standards, volatility in our share price, potential conflicts of interest involving members of our board of directors, senior management and certain of our service providers that are related parties, general domestic and international political conditions or events (including armed conflicts, such as the war in Ukraine and the conflict in the Middle East, acts of piracy or maritime aggression, such as recent maritime incidents involving vessels in and around the Red Sea, sanctions, “trade wars”, global public health threats and major outbreaks of disease), changes in seaborne and other transportation, changes in governmental rules and regulations or actions taken by regulatory authorities, and the impact of accidents, adverse weather and natural disasters. Please see our filings with the Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. The information set forth herein speaks only as of the date hereof, and we disclaim any intention or obligation to update any forward‐looking statements as a result of developments occurring after the date of this communication.

CONTACT DETAILS

For further information please contact:

Petros Panagiotidis
Castor Maritime Inc.
Email: ir@castormaritime.com

Media Contact:
Kevin Karlis
Capital Link
Email: castormaritime@capitallink.com

http://castormaritime.com 

PNO: FINANCIAL REPORT FOR THE FIRST QUARTER OF 2024

Company news

2024-05-16 15:09:58

Please find attached the Q1 2024 report of Petrolia NOCO AS.

For further queries contact:

Erik von Krogh, CFO
+47 930 38 075
Email: evk@petrolia.no

https://petrolianoco.no/  PNO Q1 2024 report.pdf

PNO: Notice of Annual General Meeting 2024

Company news

2024-05-16 14:43:32

Please find attached the summons to the Annual General Meeting to be held 6 June 2024.

https://petrolianoco.no/  2024 - AGM Summons.pdf

Maritime & Merchant Bank ASA (MMBANK) Financial Report 31.03.2024

Company news

2024-05-15 17:23:35

The profit for the period before tax is USD 4 521 598 (USD 4 906 213 in Q1 2023),
and profit after tax is USD 3 391 198 (USD 3 679 592 Q1 2023).

The amount of net disbursed loans increased with 10% during the period 01.01 - 31.03.2024 from
USD 341 mill to USD 377 mill.

Book value per share is USD 1.59 (USD 1.50 in 2023. Adjusted for share split)
Earnings per share for the period 01.01 - 31.03.2024 before tax is USD 0.055 (USD 0.06 in 2023. Adjusted for share split).
ROE is 14.3% before tax (16% Q1 2023).

There have been no credit losses, and the Bank has no non-performing loans.

 
  Maritime & Merchant Bank ASA - Financial Report 31-03-2024.pdf 

Maritime & Merchant Bank ASA (MMBANK) Financial Report 31.03.2024

Company news

2024-05-15 16:15:34

The profit for the period before tax is USD 4 521 598 (USD 4 906 213 in Q1 2023),
and profit after tax is USD 3 391 198 (USD 3 679 592 Q1 2023).

The amount of net disbursed loans increased with 10% during the period 01.01 - 31.03.2024 from
USD 341 mill to USD 377 mill.

Book value per share is USD 1.59 (USD 1.50 in 2023. Adjusted for share split)
Earnings per share for the period 01.01.23 - 31.03.2024 before tax is USD 0.055 (USD 0.06 in 2023. Adjusted for share split).
ROE is 14.3% before tax (16% Q1 2023).

There have been no credit losses, and the Bank has no non-performing loans.

   Maritime & Merchant Bank ASA - Financial Report 31-03-2024.pdf

Aprila Bank ASA: Interim results Q1 2024

Company news

2024-05-15 08:16:03

Aprila Bank delivered a pre-tax profit of NOK 5.2 million in the first quarter 2024. The pre-tax profit is weaker than the past three quarters, but slightly ahead of the bank’s own forecast.

Total income reached NOK 48.7 million in the fourth quarter, representing a total income growth of 44% year-on-year. The annual total income run-rate reached NOK 195 million in the quarter. Loan losses amounted to NOK 16.4 million, impacted by a larger-than-normal share of the lending book entering into default.

Key figures:
- Gross lending reached NOK 966 million by the end of the quarter, an increase of 29% year-on-year
- Gross lending to credit line accounts amounted to NOK 929 million at the end of the quarter, an increase of 35% year-on-year
- The bank had 5,089 credit line accounts at the end of the quarter, an increase of 25% year-on-year
- Cost/income was 56% in the quarter and 55% for the last twelve months
- Return on equity was 8.7% in the quarter and 13.3% for the last twelve months

Looking ahead, we are confident that the continued adaptation of new technology, combined with the scalability of Aprila’s business model, will continue to improve the bank’s underlying operating expenses and loan losses relative to total income. We expect this to contribute to a steady improvement of the bank’s return on equity over time.

The report and presentation are available on the company’s website:
https://www.aprila.no/investor-relations

The results will be presented in a webcast with CEO Halvor Lande and CFO Kjetil Barli today at 10:00 CEST. The presentation will be held in English. Please register your attendance using the following link: https://www.aprila.no/content/investor-relations/register.

A recording of the presentation will be made available on https://www.aprila.no/investor-relations after the presentation.

About Aprila Bank
Aprila is an innovative product- and technology company offering enhanced access to financing for businesses. Aprila’s API-based technology platform supports both direct customer relationships as well as customer relationships established through partners. The bank commenced operations in April 2018.

For further information, please contact:

Halvor S. Lande
CEO
+47 924 32 305
halvor.lande@aprila.no

Kjetil S. Barli
CFO
+47 908 42 016
kjetil@aprila.no

  

Positivt resultat for første kvartal 2024 på MNOK 1.3

Company news

2024-05-15 08:00:12

MyBank ASA rapporterte en positiv egenkapitalavkastning på 2,1 % i første kvartal. Resultat før tapsavsetninger var MNOK 1.9 (MNOK 2.6 i 1. kvartal 2023). Banken rapporterte en kapitaldekning på 30,0 %, en økning fra 23,6 % i 1. kvartal 2023.

Kvartalsrapporten er tilgjengelig på bankens hjemmeside.

  

CrayoNano Q1 2024 Trading Update Invitation

Company news

2024-05-14 14:30:19

Trondheim, Norway—14th May 2024—CrayoNano AS (NOTC:CNANO) would like to extend an invitation to our Q1 2024 Trading Update.

Please register for the event on our website via the following link: https://webcast.openbriefing.com/crayonano-may24/

The presentation will be held by Dr. Thomas Dobbertin, CEO, Jens Kielland, CFO, and Michael Peil, SEVP/CRO, and will be presented in English.

Date: 23rd May 2024
Time: 10:00 - 11:00 Central European Summer Time (CEST)

For more information, please contact:

CFO Jens Kielland
Mail: investor@crayonano.com
Phone: +47 72 90 98 60

About CrayoNano

Founded in 2012, CrayoNano develops and manufactures nanomaterials-based semiconductor components using proprietary technologies. Headquartered in Trondheim, Norway, CrayoNano has established operations in Taiwan and supports customers globally with sales representatives in EMEA, APAC and Americas. CrayoNano’s innovative semiconductor components advance global solutions in health and safety, water purification, consumer, and industrial applications, and more. CrayoNano is registered on Euronext OTC in Norway under the ticker “CNANO”.

https://crayonano.com/investors 
https://webcast.openbriefing.com/crayonano-may24/
https://crayonano.com

AKSJONÆRINFORMASJON 14.5.24

Company news

2024-05-14 08:59:40

VIDERE PROSESS FOR ABBH AS – TRINN 1) UTBETALING AV KAPITALNEDSETTELSEN MED CA. KR. 1,- PR. AKSJE, OG TRINN 2) PÅFØLGENDE TILBUD FRA AMBLE INVESTMENT AS OM KJØP AV AKSJENE I ABBH AS FOR KR. 0,40 PR. AKSJE.

ABBH AS er nå - etter å ha utbetalt et betydelig utbytte de tre siste årene etter salg av de ulike virksomhetene – i avslutningsfasen for nåværende virksomhet. Som behandlet i styrets beretning i årsregnskapet 2023 og gjennomgått på selskapets generalforsamling 30.1.24 er selskapets mål i 2024 å maksimere utbetalingen av resterende midler i selskapet gjennom enten en avviklingsprosess eller om mulig en salgsprosess for selskapet.

Trinn 1
Første trinn i den videre prosessen er at ABBH AS nå vil utbetale ca. kr 1,- pr aksje fra kapitalnedsettelsen, som ble vedtatt på generalforsamlingen 30.1.24. Kapitalnedsettelsen er formelt gjennomført, og styret i ABBH AS vil utbetale kapitalnedsettelsen på ca. kr. 1,- pr. aksje (nøyaktig kr.8.829.560,475/7.868.905 aksjer = kr. 0,995 pr. aksje) til aksjonærene innen 31.5.24. Utbetaling skjer på vanlig måte via DNB Aksjonærservice til aksjonærenes VPS-konto.
Dato for når aksjen gå ex. kapitalnedsettelsen er 22.5.24, og for aksjetransaksjoner fra denne datoen forventes kursen å være tilsvarende lavere.

Trinn 2
Amble Investment AS har etter at kapitalnedsettelsen er utbetalt, forpliktet seg til å gi alle aksjonærene et tilbud om kjøp av deres aksjer i ABBH AS for kr. 0,40 pr. aksje. Dette vil skje i løpet av 3-måneders perioden etter utbetaling av kapitalnedsettelsen.

Kapitalnedsettelsen og tilbudet fra Amble Investment AS utgjør til sammen ca. kr. 1,40 pr. aksje. Ved en avviklingsprosess for selskapet er summen av kapitalnedsettelsen og avviklingsutbyttet beregnet til kr. 1,30 pr. aksje. Tilbudet fra Amble Investment AS gir altså en gunstigere løsning for aksjonærene (kr. 0,10 pr. aksje bedre) enn en avvikling. Styret i ABBH AS anbefaler således aksjonærene å godta tilbudet på kr. 0,40 pr. aksje fra Amble Investment AS når det foreligger i løpet av de neste månedene.

For ordens skyld informeres det om at Amble Investment AS er eid av styreleder i ABBH AS Odd. R. Øie. Han er således inhabil i denne saken, og har ikke deltatt i styrebehandlingen av Amble Investment AS sitt tilbud om kjøp av aksjer i ABBH AS. Amble Investment eier i dag ca. 45 % av aksjene i ABBH AS.

Ved spørsmål ta kontakt med administrerende direktør Terje Tandberg, tlf. 911 05 204, eller e-post terje.tandberg@abbh.no.

Billingstad, 14. mai 2024
Styret i ABBH AS

  

CrayoNano strengthens executive team with appointment of Dr Thomas Dobbertin as CEO

Company news

2024-05-13 15:16:51

Trondheim, Norway—13 May 2024—CrayoNano today announced the appointment of Dr. Thomas Dobbertin as CEO, taking over the role from Jens Kielland who has served as interim-CEO and CFO since October 2023. Jens Kielland will resume his role as CFO.

Dr. Dobbertin has an extensive international track record in leadership positions in the photonics and semiconductor industry. As General Manager and Vice President at ams AG in Singapore for optical components and prior to this, heading the global laser business at OSRAM Opto in Germany, servicing tier-1 clients globally. Further, he headed the Optics Business Unit as SVP for Nanofilm Technology International in Singapore, in addition to consulting and advisor roles. Thomas earned his PhD in electrical engineering from Technical University Braunschweig in Germany.

“I am very encouraged by the commercial pipeline in the fast-growing UV-C LED business in the short term for CrayoNano and look forward to contributing to commercial wins as well as exploring new global opportunities for the company’s core technologies” states Thomas.

CrayoNano, the industry's only European fab-lite UV-C LED component supplier for disinfection and sterilization systems has gained considerable commercial traction during the last several quarters with the first five frame contracts signed and robust global sales pipeline of opportunities, qualified leads, and design-ins. In parallel, the company has made further progress in the development of its next UV-C LED and is continuing to grow the total addressable market and applications for its product through technology and pricing.

“I would like to thank Jens Kielland for managing the interim-CEO role this year and am very pleased to welcome Thomas to the team. Thomas brings extensive global experience in client engagement as well as technology development, from the semiconductor and photonics industry. I very much look forward to his contribution to the team, driving company strategy and culture,” states Jo Uthus, Chairman of CrayoNano.

These changes are effective immediately on May 13th, 2024.

For more information, please contact:
CEO Dr. Thomas Dobbertin
Email: investor@crayonano.com
Phone +47 72 90 98 60

About CrayoNano AS

CrayoNano AS develops and manufactures nanomaterials-based semiconductor components using proprietary technologies. Headquartered in Trondheim, Norway with a branch office in Taiwan, CrayoNano supports customers with global sales representatives and distributors in EMEA, APAC and the Americas. CrayoNano’s innovative semiconductor components advance global solutions in health and safety, water purification, consumer, and industrial applications, and more. CrayoNano is registered on Euronext OTC in Norway under the ticker “CNANO”.

https://crayonano.com/investors 

Victoria Eiendom – utbytte kr 13,00 pr. aksje

Company news

2024-05-08 14:13:49

Generalforsamlingen i Victoria Eiendom vedtok den 8. mai 2024 et utbytte på kr 13,00 pr. aksje.
Aksjene handles eks. utbytte fra 9. mai 2024. Utbyttet utbetales 24. mai 2024.

  

Aprila Bank ASA: Final SREP decision

Company news

2024-05-07 16:04:24

The Financial Supervisory Authority of Norway (the "FSA”) has finalised the Supervisory Review and Evaluation Process (“SREP”) for risks and capital needs for Aprila Bank (“Aprila”) and decided on the Pillar 2 requirement ("P2R") and the Pillar 2 guidance ("P2G"). These capital requirements come in addition to the minimum requirements and combined buffer requirements under Pillar 1.

The FSA has decided that Aprila’s new P2R shall be 5.4% of the total risk exposure amount. 100 percent of the P2R must be covered with common equity tier 1 capital. The P2G is set at 1.5%.

The P2R is 0.60% lower than the draft P2R of 6.0%, as announced in the interim report for Q4 2023 and the annual report for 2023. The P2G is identical with the draft P2G.

With the new P2R, Aprila’s overall capital requirement (OCR) is 22.9% and the FSA expects Aprila to maintain a total capital ratio of minimum 24.4%.

The new requirement will apply from 31 May 2024.

Contact person at Aprila Bank ASA:
Kjetil Barli, CFO
+47 908 42 016
kjetil@aprila.no

  

CondAlign AS - Summons to Annual General Meeting

Company news

2024-05-07 12:37:59

CondAlign AS summons all shareholders to an Annual General Meeting of Shareholders to be held on May 22, 2024 at 11:00 a.m. (CET) at Bøkkerveien 5, Oslo.

The 2023 annual financial report will be realesed on www.condalign.no

Please find the summons attached.

https://www.condalign.no/  CondAlign Annual General Meeting.pdf
https://www.condalign.no/about/investors/

Office address

Postal address

Tollbugata 2

Postboks 460 Sentrum

0152 Oslo Map

Phone

Email

(+47) 22 34 17 00

NOTC@euronext.com