Qben infra AB/ gamle ININ/Elop (QBEN)

[TekBot]

Elop share buyback program status

24 October 2022: Reference is made to the stock exchange notices from 26 August 2022 announcing a share buyback program for Elop AS (the Company).

From 17 October 2022 through 21 October 2022, Pareto Securities AS has bought 228,780 shares on the behalf of the Company at an average price of NOK 2,08 and a total value of NOK 475,436.
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Additional information on the buyback program: The buyback program will consist of share purchases up to NOK 5 million and will run until the order is fulfilled. The shares will be repurchased in accordance with the authorization granted at the Company’s annual general meeting on 29 June 2022.

Contact information:
• Øivind Horpestad, CEO, tel: +47 910 00 626
• Fredrik Ekholm, Head of Strategy, tel: +358 50 381 8314

Kilde

[TekBot]

ELOP AS - Flagging

On the 24th of October 2022 Sogn Invest AS has bought 100,000 shares in ELOP AS. The transaction brings Sogn Invest AS’ holding of shares in ELOP above the threshold of 10.00%, to 10.02% (13,062,538 shares/votes) of the shares/votes in ELOP AS.

For further information, please contact:
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Øivind Horpestad, CEO, tel: +47 910 00 626
Fredrik Ekholm, Head of Strategy, tel: +358 50 381 8314

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act

Kilde

[TekBot]

Mandatory notification of trade by primary insiders

Gjermund Sogn, CEO of Nordic Infrastructure Group AS, has through the company Sogn Invest AS, on October 24th bought a total of 100,000 shares in ELOP AS at an average price of NOK 2.192 per share.
Following the transaction Gjermund Sogn and related parties’ control 13,062,538 shares in ELOP AS.

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For further information, please contact:
Øivind Horpestad, CEO, tel: +47 910 00 626
Fredrik Ekholm, Head of Strategy, tel: +358 50 381 8314

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act

Kilde

[TekBot]

Extraordinary General Meeting held

The Extraordinary General Meeting of Elop AS was held on 25 October 2022. Please find attached the minutes from the Extraordinary General Meeting.

For further information, please contact:
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Øivind Horpestad, CEO, tel: +47 910 00 626
Fredrik Ekholm, Head of Strategy, tel: +358 50 381 8314

Kilde

[TekBot]

Elop to be renamed Inin Group

25 October 2022 – The extraordinary general meeting in Elop AS has today approved the name change from Elop AS to Inin Group AS to reflect the group’s new strategic direction.

“The new name reflects that we have moved away from being only a technology provider, to also being an industrial owner that invests into companies that deliver construction, maintenance, inspection and other specialist services in the infrastructure value chain,” says Øivind Horpestad, CEO of Inin Group.
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“Inin” is not an abbreviation and can have multiple meanings, including investments into infrastructure and inspection businesses, industrial investments, inspection and infrastructure, as well as investing in the individuals that are employed by Inin Group companies.

“We have a broad mandate in terms of size of companies we can acquire and potential future structural moves we can make, but it will happen in the infrastructure space. Our ambition of delivering cash positive operations in 2023 remains firm,” adds Horpestad.

The name-change will be effective once it has been formally registered in the Brønnøysund Register Centre.

Inin Group consists of three business areas:

1. INFRA: Construction, maintenance, and specialist services: In Norway, Sweden, and Finland through Nordic Infrastructure Group AS and Hadeland Elektro AS.

2. INSPECTION: Through recently established entity Nordic Inspekt Group AB that will conduct testing, inspection and certification of infrastructure and other industrial assets.

3. ELOP TECHNOLOGY: Inspection hardware and software, including Elop Insight and Elop Insight Crawler, and other ultrasound-based scanner solutions from Elop.

(ENDS)

For further information, please contact:
Øivind Horpestad, CEO, Tel: +47 910 00 626

Kilde

[1894]

Mon tro hvor lang tid det går før scannerteknologi ikke lenger er strategisk satsingsområde for det nye selskapet og selges til et konsortium av folk med mange hatter.

[TekBot]

Elop ends share buyback program

27 October 2022: Reference is made to the stock exchange notice dated 26 August 2022 announcing a share buyback program for Elop AS (the Company), in accordance with the authorization granted at the company’s annual general meeting on 29 June 2022.

The share buyback program has now ended. From 26 August 2022 to 25 October 2022, Pareto Securities AS bought 2,492,217 shares on the behalf of the Company at an average price of NOK 2,01 and a total value of NOK 4,999,847.
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Kilde

[TekBot]

ELOP AS - Appointed a contract in Sweden - SEK 6,9 million

The Swedish Transport Administration has appointed Rail Supply Sweden AB, a Nordic Infrastructure Group company, wholly owned by ELOP AS, to a contract for the delivery of a contact rail system for a 1.1-kilometre-long tunnel on the track between Eriksberg and Pölsebo.

The Swedish Transport Administration is investing in a contact rail system from Furrer & Frey AG in the double-track tunnel. The system, which is proven in tunnels in Europe, does not require as much space as a conventional overhead contact line system, which reduces the amount of masses that need removal.
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Rail Supply Sweden, which is the general agent for Furrer & Frey in Sweden, expects to deliver the system in Q2 2023, to the contractor: Infranord AB.

For further information, please contact: Gjermund Sogn, CEO of Nordic Infrastructure Group, +47 902 60 053

Kilde

[TekBot]

Mandatory notification of trade by primary insiders

Arne Arthur Molland, Senior Financial Controller at ELOP AS, has through the company Vikastøl Invest AS, on October 26th bought a total of 48,000 shares in ELOP AS at an average price of NOK 2.095 per share and October 28th bought a total of 12,000 shares in ELOP AS at an average price of NOK 2.00 per share.

Following the transaction Arne Arthur Molland and related parties’ control 171,626 shares in ELOP AS.
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For further information, please contact:
Øivind Horpestad, CEO, tel: +47 910 00 626

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act

Kilde

[Ravioli]

Virker å være en ganske stor ordre for denne delen av butikken. Rail supply Sweden hadde en omsetning på 4 mill i oppstartsåret 2021, og Rail Supply Norway hadde omsetning på snaue 10 mill i 2021. Rail supply Norway hadde en varekostnad på 7 mill i 2021, altså 30 % under omsetning, så det kan kanskje være en indikator på marginene dette selges videre med. Furrer & Frey virker også som bra, sveitsisk leverandør.

[TekBot]

Mandatory notification of trade by primary insiders

Øivind Horpestad, CEO of ELOP AS, has through the company Gimle Invest AS, on November 8th bought a total of 100,000 shares in ELOP AS at an average price of NOK 1.892 per share.
Following the transaction Øivind Horpestad and related parties’ control 13,520,071 shares in ELOP AS.

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Gjermund Sogn, CEO of Nordic Infrastructure Group AS, has through the company Sogn Invest AS, on October 8th bought a total of 100,000 shares in ELOP AS at an average price of NOK 1.892 per share.
Following the transaction Gjermund Sogn and related parties’ control 13,212,538 shares in ELOP AS.

For further information, please contact:
Øivind Horpestad, CEO, tel: +47 910 00 626
Fredrik Ekholm, Head of Strategy, tel: +358 50 381 8314
This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act

Kilde

[TekBot]

Elop AS renamed Inin Group AS

Reference is made to the announcement on 25 October 2022 by Elop AS regarding approval by the extraordinary general meeting in the company to change the company’s name from Elop AS to Inin Group AS (ticker: ININ). The new name is now registered with the Norwegian Register of Business Enterprises.

For further information, please contact: Øivind Horpestad, CEO, Tel: +47 910 00 626
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Kilde

[Ravioli]

Enda merkeligere navn enn Elop.

[Christian]

Slike navnebytter gir bare så utrolig liten mening

[solskimm]

Neida, man gjør alt grumset med et navn, så renvasker man seg ved å bytte navn. Om 3 år når noen skal lese seg opp på om Horpestad er en bra mann kommer man bare til “ny” info, hvis man ikke gidder grave litt ekstra.

Edit: Nå tenker jeg på “internsalget” gjort med kreditt på det som skulle begynne å tjene penger for selskapet.

[Babbai]

Inin Group gir jo mening…

INside INformation Group

[TekBot]

Inin Group AS (former ELOP): Updated company presentation

In connection with the recent name change, Inin has prepared an updated company presentation which can be found attached.

In addition to this, group companies will give operational updates & corporate presentations focusing on current operations, market, opportunities, and ambitions on Wednesday November 30th. Registration for the event at www.bit.ly/Inin2022.
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Inin is working on an updated website and expects to launch it by the end of the year. For now, investor information can be found at www.elop.no.

For further information, please contact: Øivind Horpestad, CEO, Tel: +47 910 00 626

About Inin Group AS
Inin Group is an industrial owner that invests into companies within infrastructure and industry services niches in the Nordics. The group aims to create value by identifying investment opportunities within profitable niches with potential for development, consolidation and growth, working in collaboration with portfolio companies to deliver sustainable growth and superior profitability.

Kilde

[TekBot]

Inin Group AS (former ELOP): Invitation to operational update & corporate presentation 2022

Inin Group AS will host an operational update & corporate presentation on 30 November 2022.

Inin invites shareholders, investors, analysts, and other stakeholders to an operational update & corporate presentation. The presentations will be held by Inin’s CEO and the group companies CEO’s, focusing on current operations, market, opportunities, and ambitions.
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Date: 30 November 2022
Time: 09.00-10.30 CET
Location: Online, registration at: www.bit.ly/Inin2022

The presentation will also be made available online afterwards.

For further information, please contact: Øivind Horpestad, CEO, Tel: +47 910 00 626

About Inin Group AS
Inin Group is an industrial owner that invests into companies within infrastructure and industry services niches in the Nordics. The group aims to create value by identifying investment opportunities within profitable niches with potential for development, consolidation and growth, working in collaboration with portfolio companies to deliver sustainable growth and superior profitability.

Kilde

[TekBot]

Mandatory notification of trade by primary insiders

Øivind Horpestad, CEO of Inin Group AS (formerly ELOP AS), has through the company Gimle Invest AS, on November 14th bought a total of 54,029 shares in Inin Group AS at an average price of NOK 1.89 per share. Following the transaction Øivind Horpestad and related parties’ control 13,525,100 shares in Inin Group AS.

For further information, please contact:
…

Vis børsmeldingen

Øivind Horpestad, CEO, tel: +47 910 00 626
Fredrik Ekholm, Head of Strategy, tel: +358 50 381 8314

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act

Kilde

[Martins]

Hjelper ikke med innsidekjøp når kjøper allerede praktisk sett eier hele kaka, og lurer seg unna å dele ved hver mulighet. Med unntak av da de overrasket med mulighet til å selge for 3kr en ettermiddag for litt siden.

@TekBot

Based on the tender offers received, Elop has resolved to repurchase 8,333,333 shares in the Company at a price of NOK 3 per share, which is equivalent to a total value of NOK 25 million.