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NEWARK, Calif., April 30, 2024 (GLOBE NEWSWIRE) &#8212; Sports Marketing  ...
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Source: https://addonnews.com/feed/

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<title>Sports Marketing USA Is Now epikkos™ Offering Legendary Fan Experiences</title>
<link>https://addonnews.com/sports-marketing-usa-is-now-epikkos-offering-legendary-fan-experiences/270139/</link>
<dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
<pubDate>Tue, 30 Apr 2024 12:45:00 +0000</pubDate>
<category><![CDATA[Brand Post]]></category>
<guid isPermaLink="false">https://addonnews.com/sports-marketing-usa-is-now-epikkos-offering-legendary-fan-experiences</guid>
<description><![CDATA[<div style="margin-bottom:20px;"><img width="870" height="250" src="https://addonnews.com/wp-content/uploads/2024/04/sports-marketing-usa-is-now-epikkos-offering-legendary-fan-experiences.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://addonnews.com/wp-content/uploads/2024/04/sports-marketing-usa-is-now-epikkos-offering-legendary-fan-experiences.png 870w, https://addonnews.com/wp-content/uploads/2024/04/sports-marketing-usa-is-now-epikkos-offering-legendary-fan-experiences-300x86.png 300w, https://addonnews.com/wp-content/uploads/2024/04/sports-marketing-usa-is-now-epikkos-offering-legendary-fan-experiences-768x221.png 768w" sizes="(max-width: 870px) 100vw, 870px" /></div>New epikkos brand reflects the company’s expanding mission to deliver turnkey “epik” experiential travel for sports, food, and entertainment fans NEWARK, Calif., April 30, 2024 (GLOBE NEWSWIRE) — Sports Marketing USA, a leader in sports fan vacation experiences for more than 30 years, today announced that the company has rebranded as epikkos™. The name epikkos, […]]]></description>
<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="870" height="250" src="https://addonnews.com/wp-content/uploads/2024/04/sports-marketing-usa-is-now-epikkos-offering-legendary-fan-experiences.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://addonnews.com/wp-content/uploads/2024/04/sports-marketing-usa-is-now-epikkos-offering-legendary-fan-experiences.png 870w, https://addonnews.com/wp-content/uploads/2024/04/sports-marketing-usa-is-now-epikkos-offering-legendary-fan-experiences-300x86.png 300w, https://addonnews.com/wp-content/uploads/2024/04/sports-marketing-usa-is-now-epikkos-offering-legendary-fan-experiences-768x221.png 768w" sizes="(max-width: 870px) 100vw, 870px" /></div>New epikkos brand reflects the company’s expanding mission to deliver turnkey “epik” experiential travel for sports, food, and entertainment fans
NEWARK, Calif., April 30, 2024 (GLOBE NEWSWIRE) — Sports Marketing USA, a leader in sports fan vacation experiences for more than 30 years, today announced that the company has rebranded as epikkos<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" />. The name epikkos, a variant of the Greek word for “epik,” reflects the company’s expanded commitment to providing once-in-a-lifetime travel experiences to fans who love sports, fine food, and entertainment.
Sports Marketing USA has been offering sports fans unique experiences since 2009. The company partners with Major League Baseball, 10 MLB clubs, the National Collegiate Athletic Association (NCAA), and other sports organizations to create custom travel packages for Spring Training, Road Trips, and exhibitions like the MLB World Tour. The new epikkos brand reflects an expanded commitment to offer fan experiences beyond sports, including custom travel packages for food, wine, and entertainment clients. For example, an epikkos partner may want to host a special wine tour of Napa Valley, an excursion with a celebrity chef, travel to an album launch party, or an exclusive trip to a pop concert venue.
“As we continue to expand our business, it became clear that our name did not adequately convey who we are or what we have to offer,” said Lisa Goularte, CEO of epikkos. “Our decision to become epikkos reflects our commitment to delivering epik travel packages to fans who are passionate about food, wine, music, art, and other experiences beyond sports. The name epikkos accurately reflects the epik travel experiences we can deliver on behalf of our partners.”
epikkos is a leader in turnkey experiential travel, creating legendary fan experiences for partners. Whether it is a sporting event, a concert, a wine tour, or other experience, epikkos extends fan engagement beyond ticket sales and merchandise. Drawing on decades of travel experience and relationships, the epikkos team can secure 30% to 35% discounts on accommodations and travel, generating substantial revenue for partners while adding value for fans, creating lasting memories, and reinforcing customer loyalty.
“Since we began offering travel experiences, we have had 70% customer retention, so we know that our partners find value in the fan programs we offer,” said Greta Oyler, CFO of epikkos. “We have a passion for what we do that translates into providing our customers with the highest levels of care and personalized attention. We see a larger market for innovative fan experiences, and as epikkos, we are better positioned to attract new partners.”
For more information, visit www.epikkos.com. 
About epikkos
Founded in 2009 as Sports Marketing USA, epikkos is a 100% woman-owned business specializing in experience travel packages. epikkos partners with sports franchises, food and winemakers, arts and entertainment venues, and other brands to curate unique and unparalleled fan and customer experiences. epikkos creates custom travel packages for fans with discounts on hotels and transportation, allowing partners to increase ticket sales and event revenue while promoting fan loyalty. epikkos currently represents Major League Baseball (MLB) as well as 10 MLB clubs, the Golf Channel, NASCAR, and NBC Sports, among others.
For more information, visit www.epikkos.com.
Contact: Tom Woolf Phone: +14157103593 Email: twoolf@gumas.com 
<img src='https://ml.globenewswire.com/media/MmEzZGQxNDEtMDViOC00NTBjLWEyNWQtZTVlY2QwMjc3NjI4LTUwMDEyNDIxNA==/tiny/epikkos.png' referrerpolicy='no-referrer-when-downgrade' />Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Mango Bunch takes no editorial responsibility for the same.
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<title>Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia</title>
<link>https://addonnews.com/cannabix-technologies-to-deliver-breath-logix-alcohol-screening-device-to-australia/270137/</link>
<dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
<pubDate>Tue, 30 Apr 2024 12:45:00 +0000</pubDate>
<category><![CDATA[Brand Post]]></category>
<guid isPermaLink="false">https://addonnews.com/cannabix-technologies-to-deliver-breath-logix-alcohol-screening-device-to-australia</guid>
<description><![CDATA[<div style="margin-bottom:20px;"><img width="1194" height="910" src="https://addonnews.com/wp-content/uploads/2024/04/cannabix-technologies-to-deliver-breath-logix-alcohol-screening-device-to-australia.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://addonnews.com/wp-content/uploads/2024/04/cannabix-technologies-to-deliver-breath-logix-alcohol-screening-device-to-australia.jpg 1194w, https://addonnews.com/wp-content/uploads/2024/04/cannabix-technologies-to-deliver-breath-logix-alcohol-screening-device-to-australia-300x229.jpg 300w, https://addonnews.com/wp-content/uploads/2024/04/cannabix-technologies-to-deliver-breath-logix-alcohol-screening-device-to-australia-1024x780.jpg 1024w, https://addonnews.com/wp-content/uploads/2024/04/cannabix-technologies-to-deliver-breath-logix-alcohol-screening-device-to-australia-768x585.jpg 768w" sizes="(max-width: 1194px) 100vw, 1194px" /></div>Cannabix is developing alcohol and marijuana breathalyzer devices to give law enforcement and employers a tool to enhance public safety VANCOUVER, British Columbia, April 30, 2024 (GLOBE NEWSWIRE) — Cannabix Technologies Inc. (CSE: BLO) (OTC PINK: BLOZF) (Frankfurt: 8CT) (the “Company or Cannabix”) developer of alcohol and marijuana breathalyzer screening devices for law enforcement and […]]]></description>
<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1194" height="910" src="https://addonnews.com/wp-content/uploads/2024/04/cannabix-technologies-to-deliver-breath-logix-alcohol-screening-device-to-australia.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://addonnews.com/wp-content/uploads/2024/04/cannabix-technologies-to-deliver-breath-logix-alcohol-screening-device-to-australia.jpg 1194w, https://addonnews.com/wp-content/uploads/2024/04/cannabix-technologies-to-deliver-breath-logix-alcohol-screening-device-to-australia-300x229.jpg 300w, https://addonnews.com/wp-content/uploads/2024/04/cannabix-technologies-to-deliver-breath-logix-alcohol-screening-device-to-australia-1024x780.jpg 1024w, https://addonnews.com/wp-content/uploads/2024/04/cannabix-technologies-to-deliver-breath-logix-alcohol-screening-device-to-australia-768x585.jpg 768w" sizes="(max-width: 1194px) 100vw, 1194px" /></div>Cannabix is developing alcohol and marijuana breathalyzer devices to give law enforcement and employers a tool to enhance public safety
VANCOUVER, British Columbia, April 30, 2024 (GLOBE NEWSWIRE) — Cannabix Technologies Inc. (CSE: BLO) (OTC PINK: BLOZF) (Frankfurt: 8CT) (the “Company or Cannabix”) developer of alcohol and marijuana breathalyzer screening devices for law enforcement and the workplace reports that it has commenced discussions with Breathalyser Sales & Service Pty Ltd. of Sydney, Australia (“Breathalyser SSP”) for the sales distribution of the Company’s Breath Logix Alcohol screening device (see Figure 1). Breathalyser SSP is a leading distributor of alcohol and drug testing devices for employers and personal use, offering well established alcohol product lines like Draeger and AlcoMeasure for the Australian market with regional offices in Perth, Melbourne and Brisbane. Breathalyser SSP has clients in a range of sectors including mining, oil and gas, industrial, trucking, warehousing and technology. Cannabix will be shipping its Breath Logix Industrial Series device to Breathalyser SSP for evaluation, preliminary marketing and business development purposes.
Ben Smit, Managing Director of Breathalyser Sales & Service Pty Ltd., stated, “We have been impressed with the Cannabix team’s ability to develop the Breath Logix wall mounted device over the last several months. Breathalyser Sales and Service is Australia’s oldest distributor and leader in the supply, service & calibration of drug and alcohol testing equipment. We see the Breath Logix Industrial Series fitting into the Australian marketplace well due to is rugged exterior, ease of use and unique cartridge technology. Autonomous employee alcohol screening is a major segment of our business and we welcome innovative products like the Breath Logix device.”
<img loading="lazy" decoding="async" alt="Figure 1. Breath Logix Industrial Series device" height="457" name="GNW_RichHtml_External_IMG" src="https://ml.globenewswire.com/Resource/Download/9a70ac03-45e6-454a-bd18-ff1e61e6ff60/figure-1-breath-logix-industrial-series-device.jpg" width="600" />
Figure 1. Breath Logix Industrial Series device
Breath Logix Industrial Series Features
The Breath Logix Industrial Series is a weather resistant device with a host of requested features including patent pending pre-calibrated cartridge technology which will allow site safety administrators to easily maintain their devices, and eliminate the need for costly calibration equipment and time-consuming site visits from technicians for maintenance. This device can be used for pre-access alcohol testing, random testing, start-of-shift testing, pre-employment testing, return-to-work testing and post-incident testing. The device is currently being piloted as a solution for the 24/7 sobriety program which exists in several states.
The Breath Logix Alcohol device automatically checks the sobriety of a user and can take a picture to confirm and record identity while a breath sample is being delivered. Upon detection of positive breath alcohol result, the device will deliver a precise Blood Alcohol Content (BAC) level on the screen, and send a real-time alert via text message, e-mail and to a dedicated web portal. Furthermore, the system logs user BAC for incident reporting and historical investigations. The Breath Logix helps organizations save money by deploying an autonomous alcohol screening device which eliminates the need for dedicated alcohol screening administrators using conventional handheld devices. There is no assurance that evaluators of the Company’s breathalyzer technology will come to terms on distribution or enter into a sales agreement with the Company.
About Cannabix Technologies Inc.
Cannabix Technologies Inc. is a developer of marijuana and alcohol breathalyzer technologies for law enforcement, workplaces and laboratories. Cannabix is developing delta-9 THC and alcohol screening devices. Delta-9 THC is the psychoactive component of marijuana that causes impairment. Breath testing for delta-9 THC would allow employers and law enforcement to identify recent marijuana use. Cannabix is the developer of Breath Logix Series of autonomous breath alcohol detection devices for employers and a range of other settings.
We seek Safe Harbor.
On behalf of the Board of Directors
“Rav Mlait”
CEO Cannabix Technologies Inc.
For further information, contact the Company at info@cannabixtechnologies.com
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking information that involves various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company, such as final development of a commercial or prototype product(s), successful trial or pilot of company technologies, no assurance that commercial sales of any kind actually materialize; no assurance the Company will have sufficient funds to complete product development. There are numerous risks and uncertainties that could cause actual results and the Company’s plans and objectives to differ materially from those expressed in the forward-looking information, including: (i) adverse market conditions; (ii) risks regarding protection of proprietary technology; (iii) the ability of the Company to complete financings; (iv) the ability of the Company to develop and market its future product; and (v) risks regarding government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company’s public announcements and filings. There is no assurance that its development of breathalyzer technology will provide any benefit to the Company, and no assurance that any proposed new products will be built, will be successful in beta testing or clinical trials. There is no assurance that evaluators of the Company’s breathalyzer technology will agree or come to terms on distribution or enter into a sales agreement, of any kind. There is no assurance that existing “patent pending” technologies licensed by the Company will receive patent status by regulatory authorities. The Company is not currently selling commercial breathalyzers. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, the Company does not intend to update these forward-looking statements.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9a70ac03-45e6-454a-bd18-ff1e61e6ff60.

<img src='https://ml.globenewswire.com/media/MmVlYWEwMGEtMjNmMi00MjE2LTk4YjEtNjExYjI3M2IzZjk3LTEwOTg2OTQ=/tiny/Cannabix-Technologies-Inc-.png' referrerpolicy='no-referrer-when-downgrade' />Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Mango Bunch takes no editorial responsibility for the same.
]]></content:encoded>
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<item>
<title>Wearable Devices and Webidoo Join Forces for Mudra Band’s Retail Rollout</title>
<link>https://addonnews.com/wearable-devices-and-webidoo-join-forces-for-mudra-bands-retail-rollout/270135/</link>
<dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
<pubDate>Tue, 30 Apr 2024 12:45:00 +0000</pubDate>
<category><![CDATA[Brand Post]]></category>
<guid isPermaLink="false">https://addonnews.com/wearable-devices-and-webidoo-join-forces-for-mudra-bands-retail-rollout</guid>
<description><![CDATA[<div style="margin-bottom:20px;"><img width="734" height="318" src="https://addonnews.com/wp-content/uploads/2024/04/wearable-devices-and-webidoo-join-forces-for-mudra-bands-retail-rollout.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://addonnews.com/wp-content/uploads/2024/04/wearable-devices-and-webidoo-join-forces-for-mudra-bands-retail-rollout.jpg 734w, https://addonnews.com/wp-content/uploads/2024/04/wearable-devices-and-webidoo-join-forces-for-mudra-bands-retail-rollout-300x130.jpg 300w" sizes="(max-width: 734px) 100vw, 734px" /></div>YOKNEAM ILLIT, ISRAEL, April 30, 2024 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI”)-powered touchless sensing wearables, announces a collaboration with Webidoo, through Webidoo Store, an experience retail store in Milano, Italy, showcasing the latest in technology, innovation and gadgets. […]]]></description>
<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="734" height="318" src="https://addonnews.com/wp-content/uploads/2024/04/wearable-devices-and-webidoo-join-forces-for-mudra-bands-retail-rollout.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://addonnews.com/wp-content/uploads/2024/04/wearable-devices-and-webidoo-join-forces-for-mudra-bands-retail-rollout.jpg 734w, https://addonnews.com/wp-content/uploads/2024/04/wearable-devices-and-webidoo-join-forces-for-mudra-bands-retail-rollout-300x130.jpg 300w" sizes="(max-width: 734px) 100vw, 734px" /></div>YOKNEAM ILLIT, ISRAEL, April 30, 2024 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI”)-powered touchless sensing wearables, announces a collaboration with Webidoo, through Webidoo Store, an experience retail store in Milano, Italy, showcasing the latest in technology, innovation and gadgets. In this collaboration, the Mudra Band will be featured in Webidoo Store’s offering customers the unique opportunity to experience and assess the product firsthand. Concurrently, for those who favor the convenience of digital shopping, the Mudra Band will also be made available through Webidoo’s online store, ensuring a comprehensive purchasing option for all consumers.
This partnership brings the Mudra Band, a device that revolutionizes interaction with Apple Watches through AI-driven, touchless technology, into the realm of experiential retail, powered by Webidoo Stores’ expertise in delivering cutting-edge technology products directly to consumers.
Webidoo Store has made a name for itself by transforming digital solutions into hands-on consumer experiences. Their dedication to innovation is evident in their Webidoo Store, which underscores their role in setting rather than following market trends.
Asher Dahan, Chief Executive Officer of Wearable Devices, expressed enthusiasm for the collaboration: “Working with Webidoo Store allows us to showcase the Mudra Band in a retail environment that transcends traditional shopping experiences. Webidoo Store’s approach to retail, which emphasizes direct consumer engagement with technology, aligns perfectly with our vision for the Mudra Band.”
The Mudra Band allows users to control their Apple devices with simple wrist and finger movements, embodying the future of device interaction. Webidoo Store’s experiential retail strategy, particularly demonstrated through the launch of Europe’s first tech experience store in Milan, provides a perfect platform for consumers to physically engage with and understand the capabilities of the Mudra Band. This direct interaction is key to bringing the digital and physical worlds closer, making advanced technology accessible and comprehensible.
About Webidoo Store
Webidoo Store is a user experience physical retail, reference point for the latest in technology and innovation. Located in the vibrant heart of Milan, Webidoo Store offers a wide range of hi-tech products, from the latest gadgets to smart solutions for home and office.
About Wearable Devices Ltd. Wearable Devices Ltd. is a growth company developing AI-based neural input interface technology for the B2C and B2B markets. The Company’s flagship product, the Mudra Band for Apple Watch, integrates innovative AI-based technology and algorithms into a functional, stylish wristband that utilizes proprietary sensors to identify subtle finger and wrist movements allowing the user to “touchlessly” interact with connected devices. The Company also markets a B2B product, which utilizes the same technology and functions as the Mudra Band and is available to businesses on a licensing basis. Wearable Devices Is committed to creating disruptive, industry leading technology that leverages AI and proprietary algorithms, software, and hardware to set the input standard for the Extended Reality, one of the most rapidly expanding landscapes in the tech industry. The Company’s ordinary shares and warrants trade on the Nasdaq market under the symbol “WLDS” and “WLDSW”, respectively.
Forward-Looking Statement Disclaimer This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, we are using forward-looking statements when we discuss the vision for and capabilities of the Mudra Band and the potential benefits from our collaboration with Webidoo. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our use of proceeds from the offering; the trading of our ordinary shares or warrants and the development of a liquid trading market; our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our annual report on Form 20-F for the year ended December 31, 2023, filed on March 15, 2024 and our other filings with the SEC. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
Investor Relations Contact Walter Frank IMS Investor Relations 203.972.9200 wearabledevices@imsinvestorrelations.com

<img src='https://ml.globenewswire.com/media/NWUwYWIyMjQtNDZmMy00Y2YyLWJjZDAtMjM1NjhkOWVjZTdmLTUwMDEwODk0Nw==/tiny/Wearable-Devices-Ltd-.png' referrerpolicy='no-referrer-when-downgrade' />Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Mango Bunch takes no editorial responsibility for the same.
]]></content:encoded>
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<title>TDC NET A/S – Final Terms for EUR 500,000,000 Sustainability-Linked Notes due 2029</title>
<link>https://addonnews.com/tdc-net-a-s-final-terms-for-eur-500000000-sustainability-linked-notes-due-2029/270141/</link>
<dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
<pubDate>Tue, 30 Apr 2024 12:32:00 +0000</pubDate>
<category><![CDATA[Brand Post]]></category>
<guid isPermaLink="false">https://addonnews.com/tdc-net-a-s-final-terms-for-eur-500000000-sustainability-linked-notes-due-2029</guid>
<description><![CDATA[<div style="margin-bottom:20px;"><img width="200" height="200" src="https://addonnews.com/wp-content/uploads/2024/04/tdc-net-a-s-final-terms-for-eur-500000000-sustainability-linked-notes-due-2029.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://addonnews.com/wp-content/uploads/2024/04/tdc-net-a-s-final-terms-for-eur-500000000-sustainability-linked-notes-due-2029.png 200w, https://addonnews.com/wp-content/uploads/2024/04/tdc-net-a-s-final-terms-for-eur-500000000-sustainability-linked-notes-due-2029-150x150.png 150w" sizes="(max-width: 200px) 100vw, 200px" /></div>TDC NET A/S – Final Terms for EUR 500,000,000 Sustainability-Linked Notes due 2029 NOT INTENDED FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES. NOT INTENDED FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, TO ANY PERSON IN ANY JURISDICTION WHERE RELEASE, PUBLICATION OR DISTRIBUTION TO SUCH PERSON IS RESTRICTED BY ANY […]]]></description>
<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="200" height="200" src="https://addonnews.com/wp-content/uploads/2024/04/tdc-net-a-s-final-terms-for-eur-500000000-sustainability-linked-notes-due-2029.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://addonnews.com/wp-content/uploads/2024/04/tdc-net-a-s-final-terms-for-eur-500000000-sustainability-linked-notes-due-2029.png 200w, https://addonnews.com/wp-content/uploads/2024/04/tdc-net-a-s-final-terms-for-eur-500000000-sustainability-linked-notes-due-2029-150x150.png 150w" sizes="(max-width: 200px) 100vw, 200px" /></div>TDC NET A/S – Final Terms for EUR 500,000,000 Sustainability-Linked Notes due 2029
NOT INTENDED FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES. NOT INTENDED FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, TO ANY PERSON IN ANY JURISDICTION WHERE RELEASE, PUBLICATION OR DISTRIBUTION TO SUCH PERSON IS RESTRICTED BY ANY LAW OR REGULATION APPLICABLE IN SUCH JURISDICTION.
THIS ANNOUNCEMENT IS NOT AN OFFER TO SELL OR ISSUE OR INVITATION TO PURCHASE OR SUBSCRIBE FOR, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES.
Copenhagen, 30 April 2024: TDC NET A/S (TDC NET) today announces the final terms (the “Final Terms”) in relation to its EUR 500,000,000 5.186 per cent. guaranteed secured sustainability-linked notes due 2029 (the “Notes”). The Notes are issued by TDC NET under its EUR 3,500,000,000 Euro Medium Term Note (EMTN) programme established pursuant to the Base Prospectus dated 28 September 2023, as supplemented by the Supplement dated 22 April 2024. The Notes are guaranteed by TDC NET Holding A/S.
The Final Terms are, subject to certain restrictions, available on TDC NET’s Investor Relations website (https://tdcnet.com/investor-relations) and on the website of the Luxembourg Stock Exchange.
The Notes are rated BBB- by Fitch Ratings Ireland Limited.
The Notes are issued in accordance with TDC NET’s Sustainability-Linked Finance Framework and listed on the Luxembourg Stock Exchange.
TDC NET’s Sustainability-Linked Finance Framework and a second party opinion delivered by Sustainalytics are available on TDC NET’s Investor Relations website.
This notification is made by Henrik Hjortshøj-Nielsen, Head of Treasury and Investor Relations.
For investor enquiries:
phone: +45 21 29 89 91
e-mail: henhjo@tdcnet.dk
Press contact:
Lasse Bjerre Sørensen
phone: +45 29 29 23 33
e-mail: lasso@tdcnet.dk
Important Notice 
This announcement is for information purposes only and is not an offer to sell or buy any securities. Any securities mentioned in this announcement may not be sold in the United States unless they are registered under the US Securities Act of 1933, as amended (the “Securities Act”) or are exempt from registration. Any securities described in this announcement have not been and will not be registered under the Securities Act, and accordingly any offer or sale of such securities may be made only in a transaction exempt from registration requirements of the Securities Act.
It may be unlawful to distribute this announcement in certain jurisdictions. This announcement is not for distribution, directly or indirectly, in or to the United States, Australia, Japan, Canada, New Zealand, South Africa, Hong Kong, Switzerland, Singapore or any other jurisdiction where such distribution would be unlawful or require registration or any other measures.
A rating is not a recommendation to buy, sell or hold securities and may be subject to revision, suspension or withdrawal at any time by the assigning rating organisation.

 Attachment 
<ul id="gnw_attachments_section-items">
<li> TDC – April 2024 Drawdown – Final Terms – Executed Version </li>
</ul>
<img src='https://ml-eu.globenewswire.com/media/ZDk4ODc2YTgtYjEyYy00NDE5LWI1MjctMjc2MmYxZmU5MDNlLTEyNTYzNzc=/tiny/TDC-Net-A-S.png' referrerpolicy='no-referrer-when-downgrade' />Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Mango Bunch takes no editorial responsibility for the same.
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<title>Energy and Water Development Corp. Partners with IBN for Enhanced Corporate Communications</title>
<link>https://addonnews.com/energy-and-water-development-corp-partners-with-ibn-for-enhanced-corporate-communications/270143/</link>
<dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
<pubDate>Tue, 30 Apr 2024 12:30:00 +0000</pubDate>
<category><![CDATA[Brand Post]]></category>
<guid isPermaLink="false">https://addonnews.com/energy-and-water-development-corp-partners-with-ibn-for-enhanced-corporate-communications</guid>
<description><![CDATA[<div style="margin-bottom:20px;"><img width="1276" height="718" src="https://addonnews.com/wp-content/uploads/2024/04/energy-and-water-development-corp-partners-with-ibn-for-enhanced-corporate-communications.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://addonnews.com/wp-content/uploads/2024/04/energy-and-water-development-corp-partners-with-ibn-for-enhanced-corporate-communications.jpg 1276w, https://addonnews.com/wp-content/uploads/2024/04/energy-and-water-development-corp-partners-with-ibn-for-enhanced-corporate-communications-300x169.jpg 300w, https://addonnews.com/wp-content/uploads/2024/04/energy-and-water-development-corp-partners-with-ibn-for-enhanced-corporate-communications-1024x576.jpg 1024w, https://addonnews.com/wp-content/uploads/2024/04/energy-and-water-development-corp-partners-with-ibn-for-enhanced-corporate-communications-768x432.jpg 768w" sizes="(max-width: 1276px) 100vw, 1276px" /></div>LOS ANGELES, April 30, 2024 (GLOBE NEWSWIRE) — via IBN – Energy and Water Development Corp. (OTCQB: EAWD), a pioneering green-tech engineering company focused on creating solutions for water and energy needs in challenging environments, is pleased to announce its new partnership with IBN. As part of its ongoing efforts to strengthen corporate communications, EAWD […]]]></description>
<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1276" height="718" src="https://addonnews.com/wp-content/uploads/2024/04/energy-and-water-development-corp-partners-with-ibn-for-enhanced-corporate-communications.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://addonnews.com/wp-content/uploads/2024/04/energy-and-water-development-corp-partners-with-ibn-for-enhanced-corporate-communications.jpg 1276w, https://addonnews.com/wp-content/uploads/2024/04/energy-and-water-development-corp-partners-with-ibn-for-enhanced-corporate-communications-300x169.jpg 300w, https://addonnews.com/wp-content/uploads/2024/04/energy-and-water-development-corp-partners-with-ibn-for-enhanced-corporate-communications-1024x576.jpg 1024w, https://addonnews.com/wp-content/uploads/2024/04/energy-and-water-development-corp-partners-with-ibn-for-enhanced-corporate-communications-768x432.jpg 768w" sizes="(max-width: 1276px) 100vw, 1276px" /></div>LOS ANGELES, April 30, 2024 (GLOBE NEWSWIRE) — via IBN – Energy and Water Development Corp. (OTCQB: EAWD), a pioneering green-tech engineering company focused on creating solutions for water and energy needs in challenging environments, is pleased to announce its new partnership with IBN. As part of its ongoing efforts to strengthen corporate communications, EAWD has chosen IBN, renowned for its multifaceted financial news and publishing services, to enhance visibility and outreach to stakeholders.
EAWD is celebrated for its innovative approach in the engineering sector, developing water and energy systems by integrating existing technologies with its patent-pending system configurations and technical expertise. The company customizes these systems to meet specific client requirements and has successfully implemented projects in Mexico and Germany, with further deployments underway.
As a vendor accredited by the United Nations, EAWD offers comprehensive services including design, construction, maintenance, and specialized consulting. It is dedicated to supporting the operational growth and sustainability of its clients’ businesses by ensuring the efficient and profitable provision of essential resources.
Under the new partnership, IBN will utilize its expansive network, which includes 5,000+ key syndication outlets, various newsletters, and social media channels, to significantly enhance EAWD’s market presence. With more than 18 years of experience assisting 500+ client partners, IBN’s strategic use of InvestorWire and other distribution services will play a crucial role in broadening EAWD’s reach across global markets.
For additional information about Energy and Water Development Corp., please visit the company’s newsroom at https://IBN.fm/EAWD and https://Energy-Water.com/News
About Energy and Water Development Corp.
EAWD is a global leader in providing engineered solutions for water scarcity and energy challenges, utilizing proven technologies to deliver tailored solutions. The company’s services encompass design, construction, and maintenance, catering to a diverse clientele including private sector businesses, government agencies, and NGOs. EAWD has offices in the United States, Germany, and Mexico, and is expanding its influence in Latin America.
For further details, visit www.Energy-Water.com.
About IBN
IBN consists of financial brands introduced to the investment public over the course of 18+ years. With IBN, we have amassed a collective audience of millions of social media followers. These distinctive investor brands aim to fulfill the unique needs of a growing base of client-partners. IBN will continue to expand our branded network of highly influential properties, leveraging the knowledge and energy of specialized teams of experts to serve our increasingly diversified list of clients.
Through our Dynamic Brand Portfolio (DBP), IBN provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) Press Release Enhancement to ensure maximum impact; (4) full-scale distribution to a growing social media audience; (5) a full array of corporate communications solutions; and (6) total news coverage solutions.
For more information, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer
Forward-Looking Statements
Cautionary Statement Regarding Forward Looking Information
This press release may contain information about our views of future expectations, plans and prospects that constitute forward-looking statements. All forward-looking statements are based on management’s beliefs, assumptions and expectations of EAWD’s future economic performance, taking into account the information currently available to it. These statements are not statements of historical fact. Although EAWD believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. EAWD does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. Forward-looking statements are subject to a number of factors, risks and uncertainties, some of which are not currently known to us, that may cause EAWD’s actual results, performance or financial condition to be materially different from the expectations of future results, performance or financial position. Actual results may differ materially from the expectations discussed in forward-looking statements. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks set forth in “Risk Factors” included in our reports and other filings with the Securities and Exchange Commission.
Corporate Communications
IBN Los Angeles, California www.InvestorBrandNetwork.com 310.299.1717 Office Editor@InvestorBrandNetwork.com
<img src='https://ml.globenewswire.com/media/YTJlZDk4ZDgtNjMxMS00NmJmLTk4NzYtZGY2Zjc2NjZkYWQ3LTExMDAzNzA=/tiny/InvestorBrandNetwork-IBN-.png' referrerpolicy='no-referrer-when-downgrade' />Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Mango Bunch takes no editorial responsibility for the same.
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<title>Archtop Fiber Teams Up with STL for Multi-Gigabit Network Build in the Northeast US</title>
<link>https://addonnews.com/archtop-fiber-teams-up-with-stl-for-multi-gigabit-network-build-in-the-northeast-us/270133/</link>
<dc:creator><![CDATA[PR Newswire]]></dc:creator>
<pubDate>Tue, 30 Apr 2024 12:30:00 +0000</pubDate>
<category><![CDATA[Brand Post]]></category>
<guid isPermaLink="false">https://addonnews.com/archtop-fiber-teams-up-with-stl-for-multi-gigabit-network-build-in-the-northeast-us</guid>
<description><![CDATA[MUMBAI, India, April 30, 2024 /PRNewswire/ -- <a href="https://stl.tech/" rel="nofollow noopener" target="_blank">STL</a> [NSE: STLTECH], a leading optical and digital solutions company, today announced its successful partnership with<a href="https://archtopfiber.com/" rel="nofollow noopener" target="_blank"> </a><a href="https://archtopfiber.com/" rel="nofollow noopener" target="_blank">Archtop Fiber</a>, supporting the development of Archtop's expansive multi-gigabit fiber Internet network spanning over 2,500 miles across the Northeast region of the United States. Over the past two years, the companies have been working together, developing mission-critical optical solutions tailored to bring the fastest, most reliable Internet solutions to underserved markets across New York's Hudson Valley and beyond. <div dir="ltr" id="prni_dvprnejpg214fleft" style="width: 100%; text-align: left;"><img align="middle" alt="STL_Logo" id="prnejpg214fleft" src="https://mma.prnewswire.com/media/2259921/4553901/STL_Logo.jpg" title="STL_Logo"></img></div> STL has also signed a new agreement with Archtop Fiber to expand its offering of optical solutions, bolstering the advancement of Archtop's network construction. In addition to supplying the Internet provider with its optical cables featuring high-fiber count, loose-tube, and ribbon designs, STL will also provide its signature<a href="https://stl.tech/optical-connectivity/opto-blaze-and-bolt/" rel="nofollow noopener" target="_blank"> </a><a href="https://stl.tech/optical-connectivity/opto-blaze-and-bolt/" rel="nofollow noopener" target="_blank">OptoBlaze and OptoBolt</a> products. STL's OptoBlaze product is a pre-terminated solution, while OptoBolt is a simplified plug-in-a-box solution that replaces field labor and brings modularity to network design. STL used its design innovation to modify the configuration and deliver smaller form factor products, while its newly opened Palmetto Plant in Lugoff, South Carolina, ensured faster deliveries to Archtop's Kingston, New York, headquarters.
The agreement represents a meaningful synergy that will support Archtop Fiber's mission to bridge the digital divide in underserved areas across the Hudson Valley and the Northeast, delivering long-awaited, state-of-the-art Internet services to empower communities with tech-driven opportunities. The partnership also highlights STL's commitment to quality, shorter lead times, and design innovation to enable this large-scale network rollout.
"STL's ability to deliver high-quality optical products at the right value was key for us," said Shawn Beqaj, Chief Development Officer, Archtop Fiber. "We looked at all the options in the market for advanced optical solutions with the ability to customize solutions and deploy rapidly. STL's integrated portfolio aligned perfectly with our XGS-PON architecture and aggressive project timeline, bringing true multi-gig broadband service to underserved markets across the Hudson Valley and Northeastern United States. STL continues to be a core partner for Archtop, in the fullest sense of that often-overwrought term."
Commenting on the partnership, Paul Atkinson, CEO, Optical Networking Business, STL, said, "Built on a shared intent to connect communities across the U.S., this partnership has been an incredibly fulfilling one for us. I am sure our advanced optical solutions will support Archtop in their journey for years to come."
About Archtop Fiber
Archtop Fiber was founded with a commitment to bring the fastest, most reliable, environmentally friendly and affordable Internet access to those who have traditionally been underserved — or even overlooked. The Archtop team has decades of success partnering with communities, large and small, to create technology-driven opportunities. With a fully-funded business strategy, Archtop is dedicated to local investment. This ensures we support customers with upgrades to existing infrastructure while deploying the latest multi-gig, symmetrical, all-fiber network technology to bring faster, more secure and scalable broadband services to those that need them. Based in Kingston, New York, Archtop Fiber is proudly invested in empowering your day-to-day life, bringing the digital world to your community and its businesses, schools, libraries, hospitals, farms and community centers. To learn more about the company and upcoming markets and services, visit<a href="https://archtopfiber.com/" rel="nofollow noopener" target="_blank"> </a><a href="https://archtopfiber.com/" rel="nofollow noopener" target="_blank">www.archtopfiber.com</a>.
Archtop Fiber – Invested In You.
About STL - Sterlite Technologies Ltd:
STL is a leading global optical and digital solutions company providing advanced offerings to build 5G, Rural, FTTx, Enterprise and Data Centre networks.<a href="https://www.stl.tech/about-us/" rel="nofollow noopener" target="_blank"> </a><a href="https://www.stl.tech/about-us/" rel="nofollow noopener" target="_blank">Read more</a>,<a href="https://www.stl.tech/contact-us.php" rel="nofollow noopener" target="_blank"> </a><a href="https://www.stl.tech/contact-us.php" rel="nofollow noopener" target="_blank">Contact us,</a><a href="https://www.stl.tech/" rel="nofollow noopener" target="_blank"> stl.tech</a> |<a href="https://twitter.com/STL_tech" rel="nofollow noopener" target="_blank"> </a><a href="https://twitter.com/STL_tech" rel="nofollow noopener" target="_blank">Twitter</a> |<a href="https://www.linkedin.com/company/sterlite-technologies-ltd-/" rel="nofollow noopener" target="_blank"> </a><a href="https://www.linkedin.com/company/sterlite-technologies-ltd-/" rel="nofollow noopener" target="_blank">LinkedIn</a>|<a href="https://www.youtube.com/channel/UCZFZ0whG9iCj6GErP3hrtBw" rel="nofollow noopener" target="_blank"> </a><a href="https://www.youtube.com/channel/UCZFZ0whG9iCj6GErP3hrtBw" rel="nofollow noopener" target="_blank">YouTube</a>
For more information, contact: 
Media Relations Soumi Das <a href="mailto:soumi.das1@stl.tech" rel="nofollow noopener" target="_blank">soumi.das1@stl.tech</a> 
Agency Contact Ishita Kaushik <a href="mailto:ishita.kaushik@2020msl.com" rel="nofollow noopener" target="_blank">ishita.kaushik@2020msl.com</a> 
Investor Relations Chetan Wani <a href="mailto:chetan.wani@stl.tech" rel="nofollow noopener" target="_blank">chetan.wani@stl.tech</a> 
Logo: <a href="https://mma.prnewswire.com/media/2259921/4553901/STL_Logo.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2259921/4553901/STL_Logo.jpg</a> <img alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN01283&sd=2024-04-30" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.com/in/news-releases/archtop-fiber-teams-up-with-stl-for-multi-gigabit-network-build-in-the-northeast-us-302131568.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/in/news-releases/archtop-fiber-teams-up-with-stl-for-multi-gigabit-network-build-in-the-northeast-us-302131568.html</a> <img alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN01283&Transmission_Id=202404300830PR_NEWS_EURO_ND__EN01283&DateId=20240430" style="border:0px; width:1px; height:1px;"></img>]]></description>
<content:encoded><![CDATA[MUMBAI, India, April 30, 2024 /PRNewswire/ — STL [NSE: STLTECH], a leading optical and digital solutions company, today announced its successful partnership with Archtop Fiber, supporting the development of Archtop’s expansive multi-gigabit fiber Internet network spanning over 2,500 miles across the Northeast region of the United States. Over the past two years, the companies have been working together, developing mission-critical optical solutions tailored to bring the fastest, most reliable Internet solutions to underserved markets across New York’s Hudson Valley and beyond.
<div dir="ltr" id="prni_dvprnejpg214fleft" style="width: 100%; text-align: left;"><img decoding="async" align="middle" alt="STL_Logo" id="prnejpg214fleft" src="https://mma.prnewswire.com/media/2259921/4553901/STL_Logo.jpg" title="STL_Logo"></img></div>
STL has also signed a new agreement with Archtop Fiber to expand its offering of optical solutions, bolstering the advancement of Archtop’s network construction. In addition to supplying the Internet provider with its optical cables featuring high-fiber count, loose-tube, and ribbon designs, STL will also provide its signature OptoBlaze and OptoBolt products. STL’s OptoBlaze product is a pre-terminated solution, while OptoBolt is a simplified plug-in-a-box solution that replaces field labor and brings modularity to network design. STL used its design innovation to modify the configuration and deliver smaller form factor products, while its newly opened Palmetto Plant in Lugoff, South Carolina, ensured faster deliveries to Archtop’s Kingston, New York, headquarters.
The agreement represents a meaningful synergy that will support Archtop Fiber’s mission to bridge the digital divide in underserved areas across the Hudson Valley and the Northeast, delivering long-awaited, state-of-the-art Internet services to empower communities with tech-driven opportunities. The partnership also highlights STL’s commitment to quality, shorter lead times, and design innovation to enable this large-scale network rollout.
“STL’s ability to deliver high-quality optical products at the right value was key for us,” said Shawn Beqaj, Chief Development Officer, Archtop Fiber. “We looked at all the options in the market for advanced optical solutions with the ability to customize solutions and deploy rapidly. STL’s integrated portfolio aligned perfectly with our XGS-PON architecture and aggressive project timeline, bringing true multi-gig broadband service to underserved markets across the Hudson Valley and Northeastern United States. STL continues to be a core partner for Archtop, in the fullest sense of that often-overwrought term.”
Commenting on the partnership, Paul Atkinson, CEO, Optical Networking Business, STL, said, “Built on a shared intent to connect communities across the U.S., this partnership has been an incredibly fulfilling one for us. I am sure our advanced optical solutions will support Archtop in their journey for years to come.”
About Archtop Fiber
Archtop Fiber was founded with a commitment to bring the fastest, most reliable, environmentally friendly and affordable Internet access to those who have traditionally been underserved — or even overlooked. The Archtop team has decades of success partnering with communities, large and small, to create technology-driven opportunities. With a fully-funded business strategy, Archtop is dedicated to local investment. This ensures we support customers with upgrades to existing infrastructure while deploying the latest multi-gig, symmetrical, all-fiber network technology to bring faster, more secure and scalable broadband services to those that need them. Based in Kingston, New York, Archtop Fiber is proudly invested in empowering your day-to-day life, bringing the digital world to your community and its businesses, schools, libraries, hospitals, farms and community centers. To learn more about the company and upcoming markets and services, visit www.archtopfiber.com.
Archtop Fiber – Invested In You.
About STL – Sterlite Technologies Ltd:
STL is a leading global optical and digital solutions company providing advanced offerings to build 5G, Rural, FTTx, Enterprise and Data Centre networks. Read more, Contact us, stl.tech | Twitter | LinkedIn| YouTube
For more information, contact: 
Media Relations Soumi Das soumi.das1@stl.tech 
Agency Contact Ishita Kaushik ishita.kaushik@2020msl.com 
Investor Relations Chetan Wani chetan.wani@stl.tech 
Logo: https://mma.prnewswire.com/media/2259921/4553901/STL_Logo.jpg
<img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN01283&sd=2024-04-30" title="Cision" width="12"></img> View original content:https://www.prnewswire.com/in/news-releases/archtop-fiber-teams-up-with-stl-for-multi-gigabit-network-build-in-the-northeast-us-302131568.html
 <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN01283&Transmission_Id=202404300830PR_NEWS_EURO_ND__EN01283&DateId=20240430" style="border:0px; width:1px; height:1px;"></img>Disclaimer: The above press release comes to you under an arrangement with PR Newswire. Mango Bunch takes no editorial responsibility for the same.
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<title>SEBI advocates regularization of Fractional Ownership Platforms: Market float to the tune of INR 4,500 billion available through complete listing of strata office assets by 2026 – Colliers</title>
<link>https://addonnews.com/sebi-advocates-regularization-of-fractional-ownership-platforms-market-float-to-the-tune-of-inr-4500-billion-available-through-complete-listing-of-strata-office-assets-by-2026-colliers/270134/</link>
<dc:creator><![CDATA[PR Newswire]]></dc:creator>
<pubDate>Tue, 30 Apr 2024 11:51:00 +0000</pubDate>
<category><![CDATA[Brand Post]]></category>
<guid isPermaLink="false">https://addonnews.com/sebi-advocates-regularization-of-fractional-ownership-platforms-market-float-to-the-tune-of-inr-4500-billion-available-through-complete-listing-of-strata-office-assets-by-2026-colliers</guid>
<description><![CDATA[<ul type="disc"><li>Currently, over 200 million sq ft of Grade A office stock, 28% of total office stock accounts for strata sold form of fractional ownership</li><li>SEBI push pivotal in enhancing liquidity of INR 40 billion of real estate asset under fractional ownership platforms</li><li>FOPs upon listing, will witness democratization of ownership; unitholders base may witness 20x growth in next 4-5 years</li></ul>GURUGRAM, India, April 30, 2024 /PRNewswire/ -- With Securities and Exchange Board of India (SEBI) formulating detailed guidelines for Small and Medium REITs (SM REITs), a large number of erstwhile unregistered Fractional Ownership Platforms (FOPs) for real estate assets are expected to get listed as SM REITs. This will effectively have the potential to regularize underlying real estate assets to the tune of over INR 40 billion in the near to midterm. With an effective regulatory framework in place, the liquidity of assets under fractional ownership is likely to get enhanced and can command significant traction in equity markets. <div dir="ltr" id="prni_dvprnejpgb270left" style="width: 100%; text-align: left;"><img align="middle" alt="Colliers_New_Logo" id="prnejpgb270left" src="https://mma.prnewswire.com/media/2147073/Colliers_New_Logo.jpg" style="width: 400px; height: 228px;" title="Colliers_New_Logo"></img></div>It is worthwhile to iterate that fractional ownership of real estate assets can be broadly in form of two modes – either through direct ownership by developers (Strata sale model in case of commercial realty and web-based Fractional Ownership Platforms) or through the stock markets (REITs and SM REITs). While direct ownership enables developers to tap multiple asset buyers at a larger level, FOPs and SM REITs facilitates the eventual ownership by small scale investors at the retail level. Interestingly, even though residential, warehousing, agro-farms and retail assets come under the anvil of various web-based platforms, the current FOP universe is dominated by commercial office spaces.
The recent SEBI guidelines will be beneficial in regulating the fractional ownership market and increase retail participation. FOPs will ultimately find it prudent to list as SM REITs and gain access to granular level of funding. From an asset owner perspective, an eventual listing will lead to increase in fair value of assets, democratisation of ownership and reduction in transaction costs during exit.
"SM REITs will not only foster retail investors' interest in the real estate sector but will ensure investment portfolio diversification in a regulated environment. Aspects like reduction in minimum investment amount, mandatory manager holding period, and 95% presence of income generating assets will make SM REITs more endearing to the informed investor. Interestingly, the number of unitholders for the three office REITs in India have shown an annual growth of 60-80% since listing. On similar lines, SM REITs have a potential to witness an increase in ownership base by up to 20 times in the next 4-5 years. Altogether, Indian realty sector will witness fractional ownership being established as a promising alternative investment avenue in the coming years," said Badal Yagnik, Chief Executive Officer, Colliers India.
Fractional ownership in CRE: Strata sale Grade A office stock to cross 260 million sq ft by 2026, translating into a valuation of around INR 4,500 billion 
Strata sale form of fractional ownership is mostly prevalent in office buildings. As of March 2024, office market in top six cities of the country hold over 200 million sq. ft of Grade A strata sale stock, constituting 28% of total Grade A office stock. Mumbai followed by Delhi NCR are the leading cities in terms of quantum and strata penetration. 40-50% of their respective overall office stock is strata sold.
City-wise strata sold stock and penetration as of March 2024
<div><table border="0" cellpadding="1" cellspacing="0" class="prnbcc"><tr><td class="prnpr2 prnpl2 prnvab prncbts prnbrbrs prnbbbs prnbsbls" colspan="1" rowspan="1">City
</td><td class="prngen3" colspan="1" rowspan="1">Strata Sold Stock (in million sq ft)
</td><td class="prngen3" colspan="1" rowspan="1">Strata Penetration (%)
</td></tr><tr><td class="prngen4" colspan="1" rowspan="1">Mumbai
</td><td class="prngen5" colspan="1" rowspan="1">60.3
</td><td class="prngen6" colspan="1" rowspan="1">49 %
</td></tr><tr><td class="prngen4" colspan="1" rowspan="1">Delhi NCR
</td><td class="prngen5" colspan="1" rowspan="1">55.6
</td><td class="prngen6" colspan="1" rowspan="1">41 %
</td></tr><tr><td class="prngen4" colspan="1" rowspan="1">Bengaluru
</td><td class="prngen5" colspan="1" rowspan="1">40.3
</td><td class="prngen6" colspan="1" rowspan="1">19 %
</td></tr><tr><td class="prngen4" colspan="1" rowspan="1">Hyderabad
</td><td class="prngen5" colspan="1" rowspan="1">22.4
</td><td class="prngen6" colspan="1" rowspan="1">21 %
</td></tr><tr><td class="prngen4" colspan="1" rowspan="1">Chennai
</td><td class="prngen5" colspan="1" rowspan="1">12.9
</td><td class="prngen6" colspan="1" rowspan="1">16 %
</td></tr><tr><td class="prngen4" colspan="1" rowspan="1">Pune
</td><td class="prngen5" colspan="1" rowspan="1">10.6
</td><td class="prngen6" colspan="1" rowspan="1">15 %
</td></tr><tr><td class="prngen4" colspan="1" rowspan="1">Pan India
</td><td class="prngen5" colspan="1" rowspan="1">202.1
</td><td class="prngen6" colspan="1" rowspan="1">28 %
</td></tr><tr><td class="prngen7" colspan="3" rowspan="1">Source: Colliers
</td></tr><tr><td class="prngen7" colspan="3" rowspan="1">Data pertains to Grade A office buildings
</td></tr><tr><td class="prngen7" colspan="3" rowspan="1">Strata penetration refers to strata sold stock as % of overall Grade A office stock of respective city
</td></tr></table></div>Of the ~200 million sq ft of Grade A properties under the Strata sale model, it is estimated that only 10-20% office assets are currently being offered by FOPs that are accessible to the retail investor. A vast majority of commercial asset developers are yet to fully tap the potential investment coming in from small scale retail investor. Colliers predicts that strata stock in top six cities in India will swell to 260-270 million sq ft in next two years, with an estimated market value of around INR 4,500 billion. As SM REITs will gain more popularity, the share of commercial assets accessible to the retail investor will also increase in the future. Fractional ownership of commercial real estate is set for a boost and the SEBI's veil is likely to accentuate the transition of existing FOPs, especially ones within the office segment into SM REITs in the future.
Fractional ownership activity varies across cities, to pick up significant pace albeit by varying magnitudes
Interestingly, in Delhi NCR, strata sale is the most popular form of fractional ownership of office assets wherein developers offer office floors or even entire buildings to multiple owners. With about 55 million sq ft of office strata sold stock, the region accounts for the second highest share across the top six cities. However, web-based FOP activity is quite low in the region and very few office buildings have been put up for retail investment by major FOP operators. However, with a regulatory framework in place, the region holds huge potential for offering fractional ownership of office assets through web-based FOPs/SM REIT and attract retail investments in the next few years.
City-wise Fractional ownership activity (as of March 2024)
<div><table border="0" cellpadding="1" cellspacing="0" class="prnbcc"><tr><td class="prnpr2 prnpl2 prnvab prntac prncbts prnbrbrs prnbbbs prnbsbls" colspan="1" rowspan="1">City/Fractional ownership channel
</td><td class="prngen3" colspan="1" rowspan="1">Web-based platform activity*
</td><td class="prngen3" colspan="1" rowspan="1">Strata sale activity
</td><td class="prngen3" colspan="1" rowspan="1">REIT activity
</td></tr><tr><td class="prngen4" colspan="1" rowspan="1">Mumbai
</td><td class="prngen9" colspan="1" rowspan="1">High
</td><td class="prngen9" colspan="1" rowspan="1">High
</td><td class="prngen9" colspan="1" rowspan="1">Medium
</td></tr><tr><td class="prngen4" colspan="1" rowspan="1">Bengaluru
</td><td class="prngen9" colspan="1" rowspan="1">High
</td><td class="prngen9" colspan="1" rowspan="1">Medium
</td><td class="prngen9" colspan="1" rowspan="1">High
</td></tr><tr><td class="prngen4" colspan="1" rowspan="1">Delhi NCR
</td><td class="prngen9" colspan="1" rowspan="1">Low
</td><td class="prngen9" colspan="1" rowspan="1">High
</td><td class="prngen9" colspan="1" rowspan="1">High
</td></tr><tr><td class="prngen4" colspan="1" rowspan="1">Hyderabad
</td><td class="prngen9" colspan="1" rowspan="1">Medium
</td><td class="prngen9" colspan="1" rowspan="1">Medium
</td><td class="prngen9" colspan="1" rowspan="1">Medium
</td></tr><tr><td class="prngen4" colspan="1" rowspan="1">Chennai
</td><td class="prngen9" colspan="1" rowspan="1">Medium
</td><td class="prngen9" colspan="1" rowspan="1">Low
</td><td class="prngen9" colspan="1" rowspan="1">Low
</td></tr><tr><td class="prngen4" colspan="1" rowspan="1">Pune
</td><td class="prngen9" colspan="1" rowspan="1">Low
</td><td class="prngen9" colspan="1" rowspan="1">Low
</td><td class="prngen9" colspan="1" rowspan="1">Medium
</td></tr><tr><td class="prngen7" colspan="4" rowspan="1">Source: Colliers
</td></tr><tr><td class="prngen7" colspan="4" rowspan="1">Data pertains to Grade A office buildings
</td></tr><tr><td class="prngen7" colspan="4" rowspan="1">*The above activity matrix covers only Grade A commercial office assets
</td></tr><tr><td class="prngen7" colspan="4" rowspan="1">Note: High Activity: Above 20%; Medium Activity: Between 10-20%; Low Activity: Below 10% (Current activity is percentage share of each city in area managed by respective fractional ownership channel)
</td></tr></table></div>"Within the fractional ownership ecosystem, commercial real estate segment holds significant growth potential. Grade A strata sale stock is likely to rise from the current levels of around 200 million sq ft to over 260 million sq ft by 2026. Correspondingly, the market value of strata sale Grade A commercial developments is poised to reach ~INR 4,000 - 4,500 billion in next three years from the existing ~ INR 2,500 - 3,000 billion level. Furthermore, higher quantum of commercial office assets is likely to be listed as SM REITs to tap the full market potential while enhancing tradability of erstwhile closely held assets. This has the potential to be a win-win situation for leading commercial developers and retail investors targeting comparatively higher, stable and assured real estate returns," said Vimal Nadar, Senior Director & Head of Research, Colliers India.
Regulated fractional ownership of real estate to expand beyond commercial real estate
A well-regulated market of fractional ownership will attract a larger number of investors across various asset classes. SM REITs will attract a larger number of investors for co-ownership of prime commercial offices, thus bringing in more funds to manage and upgrade office assets as per international standards. In the residential segment, post covid-19, there is an increased investor preference of owning villas and luxury apartments as second homes in the popular tourist destinations. In the coming years, premium residential properties in the major offbeat destinations like Alibaug, Lonavala, Goa, Kodagu, Rishikesh and Shimla, is likely to see rising demand. Fractional ownership market is also likely to diversify in other alternative asset classes like industrial & warehousing, data centres, retail, student housing and healthcare in the years to come.
About Colliers
Colliers (NASDAQ: CIGI) (TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 66 countries, our 19,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 29 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. With annual revenues of $4.3 billion and $98 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people.
Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.
For further information, please contact:
Media Contact: Sukanya Dasgupta National Director & Head, Marketing & Communications| India <a href="mailto:Sukanya.dasgupta@colliers.com" rel="nofollow noopener" target="_blank">Sukanya.dasgupta@colliers.com</a> +91 9811867682
Logo: <a href="https://mma.prnewswire.com/media/2147073/Colliers_New_Logo.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2147073/Colliers_New_Logo.jpg</a>
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<content:encoded><![CDATA[<ul type="disc">
<li>Currently, over 200 million sq ft of Grade A office stock, 28% of total office stock accounts for strata sold form of fractional ownership</li>
<li>SEBI push pivotal in enhancing liquidity of INR 40 billion of real estate asset under fractional ownership platforms</li>
<li>FOPs upon listing, will witness democratization of ownership; unitholders base may witness 20x growth in next 4-5 years</li>
</ul>
GURUGRAM, India, April 30, 2024 /PRNewswire/ — With Securities and Exchange Board of India (SEBI) formulating detailed guidelines for Small and Medium REITs (SM REITs), a large number of erstwhile unregistered Fractional Ownership Platforms (FOPs) for real estate assets are expected to get listed as SM REITs. This will effectively have the potential to regularize underlying real estate assets to the tune of over INR 40 billion in the near to midterm. With an effective regulatory framework in place, the liquidity of assets under fractional ownership is likely to get enhanced and can command significant traction in equity markets.
<div dir="ltr" id="prni_dvprnejpgb270left" style="width: 100%; text-align: left;"><img decoding="async" align="middle" alt="Colliers_New_Logo" id="prnejpgb270left" src="https://mma.prnewswire.com/media/2147073/Colliers_New_Logo.jpg" style="width: 400px; height: 228px;" title="Colliers_New_Logo"></img></div>
It is worthwhile to iterate that fractional ownership of real estate assets can be broadly in form of two modes – either through direct ownership by developers (Strata sale model in case of commercial realty and web-based Fractional Ownership Platforms) or through the stock markets (REITs and SM REITs). While direct ownership enables developers to tap multiple asset buyers at a larger level, FOPs and SM REITs facilitates the eventual ownership by small scale investors at the retail level. Interestingly, even though residential, warehousing, agro-farms and retail assets come under the anvil of various web-based platforms, the current FOP universe is dominated by commercial office spaces.
The recent SEBI guidelines will be beneficial in regulating the fractional ownership market and increase retail participation. FOPs will ultimately find it prudent to list as SM REITs and gain access to granular level of funding. From an asset owner perspective, an eventual listing will lead to increase in fair value of assets, democratisation of ownership and reduction in transaction costs during exit.
“SM REITs will not only foster retail investors’ interest in the real estate sector but will ensure investment portfolio diversification in a regulated environment. Aspects like reduction in minimum investment amount, mandatory manager holding period, and 95% presence of income generating assets will make SM REITs more endearing to the informed investor. Interestingly, the number of unitholders for the three office REITs in India have shown an annual growth of 60-80% since listing. On similar lines, SM REITs have a potential to witness an increase in ownership base by up to 20 times in the next 4-5 years. Altogether, Indian realty sector will witness fractional ownership being established as a promising alternative investment avenue in the coming years,” said Badal Yagnik, Chief Executive Officer, Colliers India.
Fractional ownership in CRE: Strata sale Grade A office stock to cross 260 million sq ft by 2026, translating into a valuation of around INR 4,500 billion 
Strata sale form of fractional ownership is mostly prevalent in office buildings. As of March 2024, office market in top six cities of the country hold over 200 million sq. ft of Grade A strata sale stock, constituting 28% of total Grade A office stock. Mumbai followed by Delhi NCR are the leading cities in terms of quantum and strata penetration. 40-50% of their respective overall office stock is strata sold.
City-wise strata sold stock and penetration as of March 2024
<div>
<table border="0" cellpadding="1" cellspacing="0" class="prnbcc">
<tr>
<td class="prnpr2 prnpl2 prnvab prncbts prnbrbrs prnbbbs prnbsbls" colspan="1" rowspan="1">
City
</td>
<td class="prngen3" colspan="1" rowspan="1">
Strata Sold Stock (in million sq ft)
</td>
<td class="prngen3" colspan="1" rowspan="1">
Strata Penetration (%)
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1">
Mumbai
</td>
<td class="prngen5" colspan="1" rowspan="1">
60.3
</td>
<td class="prngen6" colspan="1" rowspan="1">
49 %
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1">
Delhi NCR
</td>
<td class="prngen5" colspan="1" rowspan="1">
55.6
</td>
<td class="prngen6" colspan="1" rowspan="1">
41 %
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1">
Bengaluru
</td>
<td class="prngen5" colspan="1" rowspan="1">
40.3
</td>
<td class="prngen6" colspan="1" rowspan="1">
19 %
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1">
Hyderabad
</td>
<td class="prngen5" colspan="1" rowspan="1">
22.4
</td>
<td class="prngen6" colspan="1" rowspan="1">
21 %
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1">
Chennai
</td>
<td class="prngen5" colspan="1" rowspan="1">
12.9
</td>
<td class="prngen6" colspan="1" rowspan="1">
16 %
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1">
Pune
</td>
<td class="prngen5" colspan="1" rowspan="1">
10.6
</td>
<td class="prngen6" colspan="1" rowspan="1">
15 %
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1">
Pan India
</td>
<td class="prngen5" colspan="1" rowspan="1">
202.1
</td>
<td class="prngen6" colspan="1" rowspan="1">
28 %
</td>
</tr>
<tr>
<td class="prngen7" colspan="3" rowspan="1">
Source: Colliers
</td>
</tr>
<tr>
<td class="prngen7" colspan="3" rowspan="1">
Data pertains to Grade A office buildings
</td>
</tr>
<tr>
<td class="prngen7" colspan="3" rowspan="1">
Strata penetration refers to strata sold stock as % of overall Grade A office stock of respective city
</td>
</tr>
</table>
</div>
Of the ~200 million sq ft of Grade A properties under the Strata sale model, it is estimated that only 10-20% office assets are currently being offered by FOPs that are accessible to the retail investor. A vast majority of commercial asset developers are yet to fully tap the potential investment coming in from small scale retail investor. Colliers predicts that strata stock in top six cities in India will swell to 260-270 million sq ft in next two years, with an estimated market value of around INR 4,500 billion. As SM REITs will gain more popularity, the share of commercial assets accessible to the retail investor will also increase in the future. Fractional ownership of commercial real estate is set for a boost and the SEBI’s veil is likely to accentuate the transition of existing FOPs, especially ones within the office segment into SM REITs in the future.
Fractional ownership activity varies across cities, to pick up significant pace albeit by varying magnitudes
Interestingly, in Delhi NCR, strata sale is the most popular form of fractional ownership of office assets wherein developers offer office floors or even entire buildings to multiple owners. With about 55 million sq ft of office strata sold stock, the region accounts for the second highest share across the top six cities. However, web-based FOP activity is quite low in the region and very few office buildings have been put up for retail investment by major FOP operators. However, with a regulatory framework in place, the region holds huge potential for offering fractional ownership of office assets through web-based FOPs/SM REIT and attract retail investments in the next few years.
City-wise Fractional ownership activity (as of March 2024)
<div>
<table border="0" cellpadding="1" cellspacing="0" class="prnbcc">
<tr>
<td class="prnpr2 prnpl2 prnvab prntac prncbts prnbrbrs prnbbbs prnbsbls" colspan="1" rowspan="1">
City/Fractional ownership channel
</td>
<td class="prngen3" colspan="1" rowspan="1">
Web-based platform activity*
</td>
<td class="prngen3" colspan="1" rowspan="1">
Strata sale activity
</td>
<td class="prngen3" colspan="1" rowspan="1">
REIT activity
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1">
Mumbai
</td>
<td class="prngen9" colspan="1" rowspan="1">
High
</td>
<td class="prngen9" colspan="1" rowspan="1">
High
</td>
<td class="prngen9" colspan="1" rowspan="1">
Medium
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1">
Bengaluru
</td>
<td class="prngen9" colspan="1" rowspan="1">
High
</td>
<td class="prngen9" colspan="1" rowspan="1">
Medium
</td>
<td class="prngen9" colspan="1" rowspan="1">
High
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1">
Delhi NCR
</td>
<td class="prngen9" colspan="1" rowspan="1">
Low
</td>
<td class="prngen9" colspan="1" rowspan="1">
High
</td>
<td class="prngen9" colspan="1" rowspan="1">
High
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1">
Hyderabad
</td>
<td class="prngen9" colspan="1" rowspan="1">
Medium
</td>
<td class="prngen9" colspan="1" rowspan="1">
Medium
</td>
<td class="prngen9" colspan="1" rowspan="1">
Medium
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1">
Chennai
</td>
<td class="prngen9" colspan="1" rowspan="1">
Medium
</td>
<td class="prngen9" colspan="1" rowspan="1">
Low
</td>
<td class="prngen9" colspan="1" rowspan="1">
Low
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1">
Pune
</td>
<td class="prngen9" colspan="1" rowspan="1">
Low
</td>
<td class="prngen9" colspan="1" rowspan="1">
Low
</td>
<td class="prngen9" colspan="1" rowspan="1">
Medium
</td>
</tr>
<tr>
<td class="prngen7" colspan="4" rowspan="1">
Source: Colliers
</td>
</tr>
<tr>
<td class="prngen7" colspan="4" rowspan="1">
Data pertains to Grade A office buildings
</td>
</tr>
<tr>
<td class="prngen7" colspan="4" rowspan="1">
*The above activity matrix covers only Grade A commercial office assets
</td>
</tr>
<tr>
<td class="prngen7" colspan="4" rowspan="1">
Note: High Activity: Above 20%; Medium Activity: Between 10-20%; Low Activity: Below 10% (Current activity is percentage share of each city in area managed by respective fractional ownership channel)
</td>
</tr>
</table>
</div>
“Within the fractional ownership ecosystem, commercial real estate segment holds significant growth potential. Grade A strata sale stock is likely to rise from the current levels of around 200 million sq ft to over 260 million sq ft by 2026. Correspondingly, the market value of strata sale Grade A commercial developments is poised to reach ~INR 4,000 – 4,500 billion in next three years from the existing ~ INR 2,500 – 3,000 billion level. Furthermore, higher quantum of commercial office assets is likely to be listed as SM REITs to tap the full market potential while enhancing tradability of erstwhile closely held assets. This has the potential to be a win-win situation for leading commercial developers and retail investors targeting comparatively higher, stable and assured real estate returns,” said Vimal Nadar, Senior Director & Head of Research, Colliers India.
Regulated fractional ownership of real estate to expand beyond commercial real estate
A well-regulated market of fractional ownership will attract a larger number of investors across various asset classes. SM REITs will attract a larger number of investors for co-ownership of prime commercial offices, thus bringing in more funds to manage and upgrade office assets as per international standards. In the residential segment, post covid-19, there is an increased investor preference of owning villas and luxury apartments as second homes in the popular tourist destinations. In the coming years, premium residential properties in the major offbeat destinations like Alibaug, Lonavala, Goa, Kodagu, Rishikesh and Shimla, is likely to see rising demand. Fractional ownership market is also likely to diversify in other alternative asset classes like industrial & warehousing, data centres, retail, student housing and healthcare in the years to come.
About Colliers
Colliers (NASDAQ: CIGI) (TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 66 countries, our 19,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 29 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. With annual revenues of $4.3 billion and $98 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people.
Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.
For further information, please contact:
Media Contact: Sukanya Dasgupta National Director & Head, Marketing & Communications| India Sukanya.dasgupta@colliers.com +91 9811867682
Logo: https://mma.prnewswire.com/media/2147073/Colliers_New_Logo.jpg
 
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<title>Replay and MD Anderson announce FDA clearance of IND application for first-in-class PRAME-targeted T-Cell Receptor Natural Killer (TCR-NK) cell therapy for hematological malignancies</title>
<link>https://addonnews.com/replay-and-md-anderson-announce-fda-clearance-of-ind-application-for-first-in-class-prame-targeted-t-cell-receptor-natural-killer-tcr-nk-cell-therapy-for-hematological-malignancies/270125/</link>
<dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
<pubDate>Tue, 30 Apr 2024 11:00:00 +0000</pubDate>
<category><![CDATA[Brand Post]]></category>
<guid isPermaLink="false">https://addonnews.com/replay-and-md-anderson-announce-fda-clearance-of-ind-application-for-first-in-class-prame-targeted-t-cell-receptor-natural-killer-tcr-nk-cell-therapy-for-hematological-malignancies</guid>
<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="516" src="https://addonnews.com/wp-content/uploads/2024/04/replay-and-md-anderson-announce-fda-clearance-of-ind-application-for-first-in-class-prame-targeted-t-cell-receptor-natural-killer-tcr-nk-cell-therapy-for-hematological-malignancies.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://addonnews.com/wp-content/uploads/2024/04/replay-and-md-anderson-announce-fda-clearance-of-ind-application-for-first-in-class-prame-targeted-t-cell-receptor-natural-killer-tcr-nk-cell-therapy-for-hematological-malignancies.png 1920w, https://addonnews.com/wp-content/uploads/2024/04/replay-and-md-anderson-announce-fda-clearance-of-ind-application-for-first-in-class-prame-targeted-t-cell-receptor-natural-killer-tcr-nk-cell-therapy-for-hematological-malignancies-300x81.png 300w, https://addonnews.com/wp-content/uploads/2024/04/replay-and-md-anderson-announce-fda-clearance-of-ind-application-for-first-in-class-prame-targeted-t-cell-receptor-natural-killer-tcr-nk-cell-therapy-for-hematological-malignancies-1024x275.png 1024w, https://addonnews.com/wp-content/uploads/2024/04/replay-and-md-anderson-announce-fda-clearance-of-ind-application-for-first-in-class-prame-targeted-t-cell-receptor-natural-killer-tcr-nk-cell-therapy-for-hematological-malignancies-768x206.png 768w, https://addonnews.com/wp-content/uploads/2024/04/replay-and-md-anderson-announce-fda-clearance-of-ind-application-for-first-in-class-prame-targeted-t-cell-receptor-natural-killer-tcr-nk-cell-therapy-for-hematological-malignancies-1536x413.png 1536w" sizes="(max-width: 1920px) 100vw, 1920px" /></div>Replay and MD Anderson announce FDA clearance of IND application for first-in-class PRAME-targeted T-Cell Receptor Natural Killer (TCR-NK) cell therapy for hematological malignancies Phase 1/2 study in patients with relapsed/refractory AML and MDS, anticipated to commence Q3 2024 PRAME is Syena’s second TCR-NK target and follows the NY-ESO-1-targeted TCR-NK program, which has an ongoing clinical […]]]></description>
<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="516" src="https://addonnews.com/wp-content/uploads/2024/04/replay-and-md-anderson-announce-fda-clearance-of-ind-application-for-first-in-class-prame-targeted-t-cell-receptor-natural-killer-tcr-nk-cell-therapy-for-hematological-malignancies.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://addonnews.com/wp-content/uploads/2024/04/replay-and-md-anderson-announce-fda-clearance-of-ind-application-for-first-in-class-prame-targeted-t-cell-receptor-natural-killer-tcr-nk-cell-therapy-for-hematological-malignancies.png 1920w, https://addonnews.com/wp-content/uploads/2024/04/replay-and-md-anderson-announce-fda-clearance-of-ind-application-for-first-in-class-prame-targeted-t-cell-receptor-natural-killer-tcr-nk-cell-therapy-for-hematological-malignancies-300x81.png 300w, https://addonnews.com/wp-content/uploads/2024/04/replay-and-md-anderson-announce-fda-clearance-of-ind-application-for-first-in-class-prame-targeted-t-cell-receptor-natural-killer-tcr-nk-cell-therapy-for-hematological-malignancies-1024x275.png 1024w, https://addonnews.com/wp-content/uploads/2024/04/replay-and-md-anderson-announce-fda-clearance-of-ind-application-for-first-in-class-prame-targeted-t-cell-receptor-natural-killer-tcr-nk-cell-therapy-for-hematological-malignancies-768x206.png 768w, https://addonnews.com/wp-content/uploads/2024/04/replay-and-md-anderson-announce-fda-clearance-of-ind-application-for-first-in-class-prame-targeted-t-cell-receptor-natural-killer-tcr-nk-cell-therapy-for-hematological-malignancies-1536x413.png 1536w" sizes="(max-width: 1920px) 100vw, 1920px" /></div><img decoding="async" alt="" data-mce-src="/api/ImageRender/DownloadFile?resourceId=927519a1-10a2-43a8-90eb-b24142c73728&size=3" height="74.87px" name="GNW_RichHtml_IMG" src="https://ml-eu.globenewswire.com/Resource/Download/927519a1-10a2-43a8-90eb-b24142c73728/image1.png" width="279.07px" />
Replay and MD Anderson announce FDA clearance of IND application for first-in-class PRAME-targeted T-Cell Receptor Natural Killer (TCR-NK) cell therapy for hematological malignancies
<ul type="disc">
<li style="margin-bottom:8pt; text-align:justify;">Phase 1/2 study in patients with relapsed/refractory AML and MDS, anticipated to commence Q3 2024</li>
<li style="margin-bottom:8pt; text-align:justify;">PRAME is Syena’s second TCR-NK target and follows the NY-ESO-1-targeted TCR-NK program, which has an ongoing clinical study in multiple myeloma with a clinical study in advanced synovial sarcoma, and myxoid/round cell liposarcoma anticipated to commence imminently. </li>
</ul>
San Diego, California, London, UK, and Houston, Texas, April 30, 2024 – Replay, a genome writing company reprogramming biology by writing and delivering big DNA, and The University of Texas MD Anderson Cancer Center, today announced that the Food & Drug Administration (FDA) has issued a ‘safe to proceed’ for the Investigational New Drug (IND) application for PRAME TCR/IL-15 NK (SY-307), an engineered T-Cell Receptor Natural Killer (TCR-NK) cell therapy for relapsed/refractory myeloid malignancies. MD Anderson is the IND sponsor.
PRAME TCR/IL-15 NK (SY-307) is being developed by Syena, an oncology-focused product company launched by Replay and MD Anderson based on the scientific discoveries of Katy Rezvani, M.D., Ph.D., Professor of Stem Cell Transplantation & Cellular Therapy at MD Anderson. Syena has an exclusive license to Miltenyi Biotec’s PRAME (PReferentially expressed Antigen in MElanoma) T-cell receptor (TCR). The engineered PRAME-targeted TCR-NK cell therapy is developed from cord blood-derived natural killer cells that express a high affinity TCR targeting the PRAME tumor-associated neoantigen. PRAME is highly immunogenic and expressed on numerous different cancer types, including hematologic malignancies such as acute myeloid leukemia (AML) and myelodysplastic syndromes (MDS), and solid tumors such as melanoma, sarcoma, and ovarian, endometrial, lung, and breast cancer. The ability of PRAME to elicit humoral and cellular immune responses along with its restricted tissue expression, establishes it as a compelling target for cell therapy-mediated cancer immunotherapy.
The phase 1/2 open-label study will assess the safety, tolerability, and preliminary efficacy of PRAME TCR/IL-15 NK (SY-307) in patients with relapsed/refractory AML and MDS. It will be administered following lymphodepletion with standard doses of fludarabine/cyclophosphamide (Flu/Cy) and decitabine. Up to 44 patients will be enrolled into the study, which is anticipated to commence in Q3 2024.
Adrian Woolfson, Executive Chairman, President, and Co-Founder of Replay, said: “PRAME is expressed at high levels in multiple different tumor types, making it a compelling target for engineered TCR-NK cancer immunotherapy. The recent IND clearance of our PRAME TCR/IL-15 NK (SY-307) program for AML and MDS represents a significant expansion of Syena’s growing pipeline of ‘off-the-shelf’ engineered TCR-NK therapies and complements our existing NY-ESO-1 targeted programs in myeloma and sarcoma. This diversification of Syena’s TCR-NK portfolio takes us a step closer to democratizing cell therapy for cancer patients with high unmet medical needs and limited treatment options.”
Lachlan MacKinnon, CEO and Co-Founder of Replay, said: “The recent FDA IND clearance of our PRAME TCR/IL-15 NK (SY-307) cell therapy is demonstrative of the growing momentum at Syena, as the second program enters the clinic. This is illustrative of the strength of our business model to rapidly progress the development of a commercial-scale supply of cell therapy products with significant potential for patients.”
Dr Arun Balakumaran, Chief Medical Officer of Replay, said: “PRAME is a well-known cancer-testis antigen with re-expression in multiple cancer types, including AML and solid tumors, and restricted expression on normal tissues. This dichotomous expression pattern and its ability to elicit spontaneous humoral and cellular immune responses render it a promising target for cancer immunotherapy.”
Dr Katy Rezvani Professor of Stem Cell Transplantation & Cellular Therapy at MD Anderson said: “This is an exciting milestone in the development of ‘off-the-shelf’ engineered TCR-NK cell therapies to address significant unmet medical needs. Our hope is the PRAME studies, initially in hematological malignancies and then in solid tumors, will further advance our understanding of the potential for engineered TCR-modified NK cells to benefit patients with relapsed/refractory myeloid malignancies.”
Ends
Disclosure
MD Anderson has an institutional conflict of interest with Replay and Syena, and MD Anderson has implemented an Institutional Conflict of Interest Management and Monitoring Plan to manage these relationships.
About Replay
Replay is a genome writing company, which aims to define the future of genomic medicine through reprogramming biology by writing, designing, and delivering big DNA. The Company has assembled a toolkit of platform technologies, including a high payload capacity HSV platform, to address the challenges that currently limit clinical progress and prevent genomic medicine from realizing its full potential.
The Company’s hub-and-spoke business model separates technology development within Replay from therapeutic development in a portfolio of product companies that leverage its technology platforms. Replay’s first-in-class engineered TCR-NK cell therapy product company, Syena, uses technology developed by Katy Rezvani, M.D., Ph.D., at The University of Texas MD Anderson Cancer Center in Houston, Texas. Replay’s high payload capacity HSV vector capable of delivering up to 30 times the payload of AAV, is utilized by Replay’s gene therapy product companies, bringing big DNA treatments to diseases affecting the skin, and eye. Replay is led by a distinguished team of academics, entrepreneurs, and seasoned industry experts.
The Company raised $55 million in seed financing in July 2022 and is supported by an international syndicate of investors including: KKR, OMX Ventures, ARTIS Ventures, and Lansdowne Partners.
Replay is headquartered in San Diego, California. For further information please visit www.replay.bio and follow us on LinkedIn and X.
About MD Anderson 
The University of Texas MD Anderson Cancer Center in Houston ranks as one of the world’s most respected centers focused on cancer patient care, research, education and prevention. The institution’s sole mission is to end cancer for patients and their families around the world. MD Anderson is one of only 53 comprehensive cancer centers designated by the National Cancer Institute (NCI). MD Anderson is No. 1 for cancer in U.S. News & World Report’s “Best Hospitals” rankings and has been named one of the nation’s top two hospitals for cancer since the rankings began in 1990. MD Anderson receives a cancer center support grant from the NCI of the National Institutes of Health (P30 CA016672).
Contacts:
Replay
Dr Adrian Woolfson/Lachlan MacKinnon
info@replay.bio
ICR Consilium – media relations
Amber Fennell/ David Daley
replay@consilium-comms.com
MD Anderson
Clayton Boldt, Ph.D.
CRBoldt@MDAnderson.org
<img src='https://ml-eu.globenewswire.com/media/YzZhYjI5YWItNDljOS00NDIzLTk0MGEtODIzNDNjODJlOTViLTcwMDAxMzM4OA==/tiny/Replay-Bio.png' referrerpolicy='no-referrer-when-downgrade' />Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Mango Bunch takes no editorial responsibility for the same.
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<title>ViaNautis Bio appoints Dr Steven M. Altschuler as Chairman of its Board of Directors</title>
<link>https://addonnews.com/vianautis-bio-appoints-dr-steven-m-altschuler-as-chairman-of-its-board-of-directors/270123/</link>
<dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
<pubDate>Tue, 30 Apr 2024 11:00:00 +0000</pubDate>
<category><![CDATA[Brand Post]]></category>
<guid isPermaLink="false">https://addonnews.com/vianautis-bio-appoints-dr-steven-m-altschuler-as-chairman-of-its-board-of-directors</guid>
<description><![CDATA[<div style="margin-bottom:20px;"><img width="601" height="177" src="https://addonnews.com/wp-content/uploads/2024/04/vianautis-bio-appoints-dr-steven-m-altschuler-as-chairman-of-its-board-of-directors.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://addonnews.com/wp-content/uploads/2024/04/vianautis-bio-appoints-dr-steven-m-altschuler-as-chairman-of-its-board-of-directors.png 601w, https://addonnews.com/wp-content/uploads/2024/04/vianautis-bio-appoints-dr-steven-m-altschuler-as-chairman-of-its-board-of-directors-300x88.png 300w" sizes="(max-width: 601px) 100vw, 601px" /></div>ViaNautis Bio appoints Dr Steven M. Altschuler as Chairman of its Board of Directors Co-Founder of Spark Therapeutics with over 20 years of industry experience to support ViaNautis Bio in its next stage of development Cambridge UK, 30 April 2024 – ViaNautis Bio (“ViaNautis” or the “Company”), a groundbreaking nanomedicine company at the forefront of […]]]></description>
<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="601" height="177" src="https://addonnews.com/wp-content/uploads/2024/04/vianautis-bio-appoints-dr-steven-m-altschuler-as-chairman-of-its-board-of-directors.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://addonnews.com/wp-content/uploads/2024/04/vianautis-bio-appoints-dr-steven-m-altschuler-as-chairman-of-its-board-of-directors.png 601w, https://addonnews.com/wp-content/uploads/2024/04/vianautis-bio-appoints-dr-steven-m-altschuler-as-chairman-of-its-board-of-directors-300x88.png 300w" sizes="(max-width: 601px) 100vw, 601px" /></div><img decoding="async" alt="" data-mce-src="/api/ImageRender/DownloadFile?resourceId=21c2261d-9f5e-456e-b317-53afcdc228dc&size=3" height="95.7px" name="GNW_RichHtml_IMG" src="https://ml-eu.globenewswire.com/Resource/Download/21c2261d-9f5e-456e-b317-53afcdc228dc/image1.png" width="377.18px" />
ViaNautis Bio appoints Dr Steven M. Altschuler as Chairman of its Board of Directors
Co-Founder of Spark Therapeutics with over 20 years of industry experience to support ViaNautis Bio in its next stage of development
Cambridge UK, 30 April 2024 – ViaNautis Bio (“ViaNautis” or the “Company”), a groundbreaking nanomedicine company at the forefront of genetic therapies, today announces the appointment of Dr Steven M. Altschuler as independent Chairman to its Board of Directors. Dr Altschuler is a renowned biotech company founder, director and board leader with proven experience in successfully leading and supporting organisations focused on genetic therapies and drug delivery systems.
Dr Altschuler currently serves as Managing Director-Healthcare Ventures at Ziff Capital Partners where he co-leads the firm’s investment into companies with potentially transformative technologies that emphasize cellular and molecular approaches to human disease. He developed this expertise while co-founding Spark Therapeutics to develop and commercialize preclinical and clinical gene therapy programmes. He served as Spark’s Chairman from its founding in 2013 through to its acquisition by Roche in 2019 for $4.8 billion. During his tenure, the company launched LUXTURNA®, the first gene therapy for an inherited disease approved by the U.S. Food and Drug Administration and the European Medicines Agency. Prior to Spark, he was President and CEO of The Children’s Hospital of Philadelphia for 15 years.
Dr Altschuler is a member of the Board of Directors of Port Therapeutics, Avista Therapeutics, Azura Ophthalmics, Corner Therapeutics and 89Bio. In addition he has recently launched start up, Corner Therapeutics Inc, developing low cost immunotherapies.
He holds a BA in Mathematics and Statistics and an MD from Case Western Reserve University, USA.
ViaNautis Bio raised $25 million in a Series A round in November 2023 led by 4BIO Capital, BGF, and UCB Ventures with participation from the Cystic Fibrosis Foundation, Eli Lilly and Company and existing investors including Origin Capital, Meltwind and O2H.
Dr Francesca Crawford, CEO of ViaNautis, commented: “Attracting someone of Steven’s calibre to lead ViaNautis Bio’s Board is testament to the potential of our polyNaut® platform to create the genetic medicines of the future. It is rare to find someone of Steven’s deep experience, who has not only taken a gene therapy from concept to commercialisation, but also been a revered treating physician. We are delighted to welcome him to the Company and his unique insight will be invaluable to us as we take the next important steps in our development.”
Dr Steven M. Altschuler, Chairman of ViaNautis, commented: “ViaNautis Bio’s polyNaut® technology has the potential to become a game changer in the story of genetic therapies. It can be formulated to encapsulate a wide array of genetic cargoes, with sizes exceeding current standards for viral and non-viral delivery and therefore tackles the challenge of transporting genetic materials across biological barriers, allowing us to unlock treatments for conditions with significant unmet clinical need. I very much look forward to working with ViaNautis team and Board to realise the potential of this exciting technology.”
Owen Smith, Partner, 4BIO Capital, added: “On behalf of the ViaNautis Bio Board I am delighted to welcome Steven. Ensuring young companies can access the vast experience and learnings from industry leading experts such as Steven, is a vital element in building a successful company. We very much look forward to working with him.”
*ENDS*
For further information on the company please visit www.vianautis.com or contact:
ViaNautis: Dr Fran Crawford, CEO Email: fecrawford@vianautis.com
ICR Consilium: Amber Fennell, Namrata Taak, Kris Lam Email: vianautis@consilium-comms.com Tel: +44 (0)20 3709 5700
About ViaNautis ViaNautis, formerly known as SomaServe, was founded in 2018 as a spin-off from UCL under the leadership of CEO and serial entrepreneur, Dr Francesca Crawford. The company’s core mission is to exploit the unique capabilities of the revolutionary polyNaut® technology.
PolyNaut® is a versatile nano-engineered polymer technology designed for targeted intracellular delivery. This innovative technology enables polymer nanoparticles to deliver a wide range of payloads from small molecules to genetic materials creating ‘a bionic nanoparticle.’ The highly adaptable polymer structure of polyNaut® can be formulated to encapsulate a wide array of genetic cargoes, with sizes exceeding current standards for viral and non-viral delivery. Notably, it enhances the therapeutic efficacy of encapsulated molecules through direct delivery to the cell cytoplasm, facilitated by GOTO® technology for intracellular shuttling.
PolyNaut® is set apart from conventional non-viral delivery technologies through its remarkable ability to target specific cells and penetrate biological barriers, including the challenging blood-brain barrier. PolyNaut® nanoparticles, when functionalised for CNS delivery through transcytosis, exhibit exceptional brain uptake.
Deploying its state-of-the-art polyNaut® platform, ViaNautis is at the forefront of pioneering new therapies for CNS diseases and cystic fibrosis. The company is actively building an internal pipeline and collaborating with leading pharmaceutical and biotech companies to unlock the potential of promising genetic molecules as well as new therapeutic platforms.
For more information, connect with us on https://www.linkedin.com/company/vianautis/ and visit www.vianautis.com.
<img src='https://ml-eu.globenewswire.com/media/Nzk0NTgwZDYtNDQ2ZC00ZGRmLTgwZjItMjVkNWYxY2UyNTQ0LTcwMDAxNDIzMQ==/tiny/ViaNautis-Bio.png' referrerpolicy='no-referrer-when-downgrade' />Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Mango Bunch takes no editorial responsibility for the same.
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<title>Invitation to FLSmidth “Meet the Management” Investor Event, 22 to 23 September 2024</title>
<link>https://addonnews.com/invitation-to-flsmidth-meet-the-management-investor-event-22-to-23-september-2024/270127/</link>
<dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
<pubDate>Tue, 30 Apr 2024 10:58:00 +0000</pubDate>
<category><![CDATA[Brand Post]]></category>
<guid isPermaLink="false">https://addonnews.com/invitation-to-flsmidth-meet-the-management-investor-event-22-to-23-september-2024</guid>
<description><![CDATA[<div style="margin-bottom:20px;"><img width="199" height="115" src="https://addonnews.com/wp-content/uploads/2024/04/invitation-to-flsmidth-meet-the-management-investor-event-22-to-23-september-2024.gif" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></div>PRESS RELEASE 30 April 2024, Copenhagen, Denmark FLSmidth is pleased to invite institutional investors, equity analysts and financial media to visit our Salt Lake City premises for presentations by FLSmidth Executive and Senior Management, a tour of our Mining research & development facilities and a visit to the nearby Kennecott copper mine. Preliminary agenda (all […]]]></description>
<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="199" height="115" src="https://addonnews.com/wp-content/uploads/2024/04/invitation-to-flsmidth-meet-the-management-investor-event-22-to-23-september-2024.gif" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></div>PRESS RELEASE 30 April 2024, Copenhagen, Denmark
FLSmidth is pleased to invite institutional investors, equity analysts and financial media to visit our Salt Lake City premises for presentations by FLSmidth Executive and Senior Management, a tour of our Mining research & development facilities and a visit to the nearby Kennecott copper mine.
Preliminary agenda (all time in MDT, Mountain Daylight Time):
<ul>
<li>22 September: FLSmidth will host an informal dinner in Salt Lake City (expectedly 6:30 p.m. to 9:30 p.m.).</li>
<li>23 September: Presentations and site visit at our Salt Lake City premises as well as a visit to the nearby Kennecott copper mine. Presentations will be in the form of deep dives into our Mining business, including the Service and Products businesses, innovation and R&D and our approach to investments and M&A. The event is expected to start at 8:00 a.m. and end at 1:30 p.m. A detailed programme for the day will follow at a later stage.</li>
<li>24 to 26 September: FLSmidth will participate in MINExpo 2024 at the Las Vegas Convention Center.</li>
</ul>
Please register your attendance for the investor event in Salt Lake City to FLSmidth Investor Relations at fls.ir@flsmidth.com no later than 1 July 2024. Please note that the number of participants is limited and that institutional investors, equity analysts and financial media will be prioritised. 
Please note that this is a physical event in Salt Lake City, Utah, USA. A video recording of the presentations will be made available on FLSmidth’s Investor Relations webpage in the days following the event.
Please reach out to fls.ir@flsmidth.com for any questions or additional information.
Kind regards, FLSmidth’s Investor Relations team
 
Contacts:
Investor Relations Jannick Lindegaard Denholt, +45 21 69 66 57, jli@flsmidth.com Andreas Escherich Holkjær, +45 24 85 03 84, andh@flsmidth.com Therese Möllevinge, +45 41 37 16 38, tmo@flsmidth.com
Media Relations Rasmus Windfeld, +45 40 44 60 60, rwin@flsmidth.com
 
About FLSmidth FLSmidth is a full flowsheet technology and service supplier to the global mining and cement industries. We enable our customers to improve performance, lower operating costs and reduce environmental impact. MissionZero is our sustainability ambition towards zero emissions in mining and cement by 2030. We work within fully validated Science-Based Targets, have a clear commitment to reducing the sustainability footprint of the global mining and cement industries and aim to become carbon neutral in our own operations by 2030. www.flsmidth.com.

 Attachments 
<ul id="gnw_attachments_section-items">
<li> FLSmidth Press Release 30 April 2024 </li>
<li> Invitation to FLSmidth investor event in Salt Lake City, September 2024 – approved by branding </li>
</ul>
<img src='https://ml-eu.globenewswire.com/media/MGFjZmQ1ZTktM2I3ZS00M2VmLWE3ODUtZGNkOTA0NjUzODdiLTEwMTM2NTU=/tiny/FLSmidth-A-S.png' referrerpolicy='no-referrer-when-downgrade' />Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Mango Bunch takes no editorial responsibility for the same.
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