Qben infra AB/ gamle ININ/Elop (QBEN)

TekBot · desember 18, 2023, 10:48am

Inin Group share buyback program status

18 December 2023: Reference is made to the stock exchange notices from 16 December 2022 announcing a share buyback program for Inin Group AS (the Company).

From 13 December 2023 through 15 December 2023, Pareto Securities AS has bought 34,400 shares on behalf of the Company at an average price of NOK 2,93 and a total value of NOK 100,907.
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Additional information regarding the buyback program: The program consists of share purchases up to NOK 10 million and may be ended at the company’s discretion prior to fulfilment. The shares are purchased in accordance with the authorization granted at the company’s annual general meeting on 12 June 2023.

Contact information: Øivind Horpestad, CEO, tel: +47 910 00 626

This information is made public in accordance with the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · desember 18, 2023, 2:27pm

Inin Group AS: Acquisition of Team 1435 AS completed

18 December 2023 – Inin Group AS’ subsidiary Nordic Infrastructure Group AS has successfully completed the acquisition of 100 percent of the shares in railway contractor Team 1435 AS.

Reference is made to the stock exchange announcements dated 16 January 2023 and 22 June 2023 regarding the transaction.
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Team 1435 is a contractor that specializes in railways superstructures and substructures as well as rail security. The company supplies contractor services, project and construction management, logistics and security services as well as professional services to the industry. The company becomes part of Inin Group’s Rail Infrastructure investment platform, which is headed up by Nordic Infrastructure Group.

“Team 1435 is a well-run, profitable company that is a good fit – industrially and commercially – for Nordic Infrastructure Group. They have a strong reputation in the Norwegian market, and we look forward to bidding together on even larger maintenance and upgrade projects going forward,” says Gjermund Sogn, CEO of Nordic Infrastructure Group.

TRANSACTION TERMS

Inin Group’s subsidiary Nordic Infrastructure Group AS acquires 100 percent of the shares in Team 1435 AS, which is valued at an enterprise value of NOK 27.5 million in the transaction. The total consideration will be settled by 30 percent in shares in Nordic Infrastructure Group and 70 percent in cash. Approximately 40% of the cash consideration has been settled at closing, while the two remaining tranches will be settled in 2024 and 2025, respectively.

(ENDS)

For further information, please contact:

Øivind Horpestad, CEO of Inin Group, Tel: +47 910 00 626

About Inin Group AS

Inin Group is a listed investment company operating as an industrial owner with investments in companies within infrastructure and industry services niches in the Nordics. The group create value by identifying investment opportunities within profitable niches with potential for development, consolidation, and growth, working in collaboration with the platform companies to deliver sustainable growth and superior profitability. For more information, please visit: www.inin.no

Kilde

TekBot · desember 19, 2023, 1:00pm

Inin Group AS: Successful Placement of Senior Secured Bond Issue

19 December 2023 - Inin Group AS (“Inin” or the “Company”) has successfully placed a new NOK 200 million senior secured bond issue with a 3-year tenor. The new bond will carry a floating interest rate of 3m Nibor + 8.00% per annum. The transaction attracted strong interest from Nordic and international investors.

The total potential framework amount under the bond is NOK 300m due to a NOK 100m tap frame.
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Net proceeds from the potential bond issue will be employed towards current and future M&A payments, partial repayment of existing RCF and general corporate purposes.

Pareto Securities acted as Sole Manager and bookrunner in connection with the bond issue.

For further information, please contact:
Øivind Horpestad, CEO of Inin Group
Telephone: +47 910 00 626
E-mail: oivind@inin.no

About Inin Group AS
Inin Group is a listed investment company operating as an industrial owner with investments in companies within infrastructure 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 the platform companies to deliver sustainable growth and profitability.
For more information, please visit: www.inin.no

Kilde

TekBot · desember 21, 2023, 12:50pm

Inin Group AS: NOK 37 million contract awarded to subsidiary

21 December 2023 – Rail Production AS, a subsidiary of Inin Group-owned Nordic Infrastructure Group, has been awarded a contract to develop a new staging area for trains at Grorud in Oslo, Norway.

The project aims to realize reception capacity for a total of 14 train sets in the northern part of the Grorud Workshop facility.
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Rail Production’s scope involves railway technical work for superstructures, signalling systems, electrical equipment and telecommunication systems. The bulk of the work will be completed during the autumn of 2024 and the project must be completed by April 2025. The contract value for Rail Production’s work scope is NOK 37 million, excluding options.

Rail Production will deliver the work as a subcontractor to Gjermundshaug Anlegg. The end-client is Bane NOR Eiendom.

“This is the second NOK 37 million contract that Rail Production has won in under a week. It is a fantastic end to a great year, and we look forward to embarking on this latest project together with Gjermundshaug Anlegg and Bane NOR in the new year,” says Gjermund Sogn, CEO of Nordic Infrastructure Group, which is the parent company of Rail Production AS.

Nordic Infrastructure Group delivers entrepreneurial services as well as tools and equipment to the railway and tramway industries; training, management and consulting services for the road, rail, construction, and civil engineering sectors; and accommodation services to the construction industry.

Euronext Growth-listed Inin Group is the majority owner of Nordic Infrastructure Group, which heads up Inin Group’s Rail Infrastructure platform.

(ENDS)

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

About Inin Group AS
Inin Group is a listed investment company operating as an industrial owner with investments in companies within infrastructure and industry services niches in the Nordics. The group create value by identifying investment opportunities within profitable niches with potential for development, consolidation and growth, working in collaboration with the platform companies to deliver sustainable growth and superior profitability. For more information, please visit: www.inin.no

Kilde

TekBot · desember 26, 2023, 3:57pm

ININ Group share buyback program status

26 December 2023: Reference is made to the stock exchange notices from 16 December 2022 announcing a share buyback program for ININ Group AS (the Company).

From 18 December 2023 through 22 December 2023, Pareto Securities AS has bought 79,619 shares on behalf of the Company at an average price of NOK 2,95 and a total value of NOK 235,015.
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Additional information regarding the buyback program: The program consists of share purchases up to NOK 10 million and may be ended at the company’s discretion prior to fulfilment. The shares are purchased in accordance with the authorization granted at the company’s annual general meeting on 12 June 2023.

Contact information: Øivind Horpestad, CEO, tel: +47 910 00 626

This information is made public in accordance with the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · desember 30, 2023, 9:30am

Financial calendar

TekBot · januar 2, 2024, 12:15pm

ININ Group share buyback program status

02 January 2023: Reference is made to the stock exchange notices from 16 December 2022 announcing a share buyback program for ININ Group AS (the Company).

From 27 December 2023 through 29 December 2023, Pareto Securities AS has bought 51,700 shares on behalf of the Company at an average price of NOK 3,0025 and a total value of NOK 155,231.
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Additional information regarding the buyback program: The program consists of share purchases up to NOK 10 million and may be ended at the company’s discretion prior to fulfilment. The shares are purchased in accordance with the authorization granted at the company’s annual general meeting on 12 June 2023.

Contact information: Øivind Horpestad, CEO, tel: +47 910 00 626

This information is made public in accordance with the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · januar 2, 2024, 12:17pm

ININ Group share buyback program status

02 January 2024: Reference is made to the stock exchange notices from 16 December 2022 announcing a share buyback program for ININ Group AS (the Company).

From 27 December 2023 through 29 December 2023, Pareto Securities AS has bought 51,700 shares on behalf of the Company at an average price of NOK 3,0025 and a total value of NOK 155,231.
…

Vis børsmeldingen

Additional information regarding the buyback program: The program consists of share purchases up to NOK 10 million and may be ended at the company’s discretion prior to fulfilment. The shares are purchased in accordance with the authorization granted at the company’s annual general meeting on 12 June 2023.

Contact information: Øivind Horpestad, CEO, tel: +47 910 00 626

This information is made public in accordance with the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · januar 4, 2024, 5:34pm

Mandatory notification of trade by primary insider

meursault · januar 4, 2024, 10:37pm

Solgte han akkurat alle aksjene sine?

Ravioli · januar 4, 2024, 11:08pm

Nei, 860 000 av dem. Han hadde 14,5 mill aksjer.

TekBot · januar 5, 2024, 9:20am

ININ Group share buyback program status

05 January 2024: Reference is made to the stock exchange notices from 16 December 2022 announcing a share buyback program for ININ Group AS (the Company).

From 02 January 2024 through 03 January 2024, Pareto Securities AS has bought 34,281 shares on behalf of the Company at an average price of NOK 3,0507 and a total value of NOK 104,582.
…

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Additional information regarding the buyback program: The program consists of share purchases up to NOK 10 million and may be ended at the company’s discretion prior to fulfilment. The shares are purchased in accordance with the authorization granted at the company’s annual general meeting on 12 June 2023.

Contact information: Øivind Horpestad, CEO, tel: +47 910 00 626

This information is made public in accordance with the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · januar 5, 2024, 5:49pm

Inin Group AS: Sale of TW Gruppen AS to Tom Wilhelmsen Holding AS

5 January 2024 – Inin Group AS and Tom Wilhelmsen Holding AS have agreed to reverse Inin Group’s acquisition of 70 percent of the shares in mass handling and recycling company TW Gruppen AS.

Since Inin Group took over as majority owner in October last year, operations at the mass recycling business at Disenå in Massebalanse Norge AS have been significantly delayed and the facility is not in full operation. This, in combination with potential problems with the ground conditions, has caused profitability issues and additional funding requirements.
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“The uncertainty in the operational issues related to the operations at Disenå together with market uncertainties entail that TW Gruppen AS will require significant contributions from Inin going forward, both in the form of capital and management resources. Inin has limited visibility on the amount of resources required. TW Gruppen AS is a small investment for Inin and Inin has therefore decided that it cannot justify continued engagement in this project given the risk-reward ratio. We have therefore agreed with Tom Wilhelmsen Holding AS to reverse the transaction. We wish Tom Wilhelmsen the best of luck in the further development of the project.” says Øivind Horpestad, CEO of Inin Group.

The initial settlement for the acquisition of 70 percent of TW Gruppen consisted of NOK 23 million in Inin Group shares and NOK 5 million in cash. The Inin Group shares that were part of the share-based settlement – 7,886,714 in total – will be returned to Inin Group as treasury shares, while Tom Wilhelmsen Holding AS will retain the NOK 5 million in cash as compensation for the reversal of the transaction. All of Inin Group’s direct or indirect liabilities and financing obligations related to TW Gruppen will be taken over by Tom Wilhelmsen Holding AS.

In December 2023, Inin Group guided in its company update a 2023 pro-forma EBITDA of NOK 117 million. With the reversal of the acquisition of TW Gruppen, the estimated pro-forma EBITDA for 2023 will be reduced by approximately NOK 1 million. As such, the reversal of the transaction will have a non-material impact on Inin Group’s 2023 results. Also, due to the significant leasing and real estate liabilities in TW Gruppen, the liabilities in the consolidated Inin Group balance sheet will be reduced following the reversal, and consequently the gearing ratio and the financial metrics of Inin Group will be positively impacted.

Following the completion of this transaction, Inin Group AS will hold 8,580,938 Inin Group shares.

(ENDS)

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

About Inin Group AS
Inin Group AS is a listed investment company operating as an industrial owner with investments in companies within infrastructure and industry services niches in the Nordics. The group creates value by identifying investment opportunities within profitable niches with potential for development, consolidation and growth, working in collaboration with the platform companies to deliver sustainable growth and superior profitability. For more information, please visit: www.inin.no

Kilde

Ravioli · januar 5, 2024, 10:07pm

Veldig gode nyheter i mine øyne. Får quantafuel-vibber av dette anlegget. Proforma ebitda uten tw gruppen skulle da bli 116 mill, med mcap på noe under 400mill, kunne tenke meg å snuse litt på denne igjen.

1894 · januar 5, 2024, 9:45pm

Jeg tenker også at dette forenkler litt, iallefall i det korte bilde.

TekBot · januar 9, 2024, 6:45am

Mandatory notification of trade

TekBot · januar 9, 2024, 8:33am

Inin Group AS: Subsidiary awarded NOK 40 million contract

9 January 2024 – Inin Group’s wholly-owned subsidiary Laje AS has been awarded a NOK 40 million contract by Green Mountain Innlandet AS to support the development of Norway’s largest data centre at Heggvin, located between Løten and Hamar, Innlandet county, Norway.

Laje’s scope of work includes installation of 6,000 metres of fibre cables, establishment of a 132kV outdoor facility, delivery of a complete control system for the outdoor facility, and set-up of two 22kV halls with associated control rooms.
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Laje, which heads up Inin Group’s Power Infrastructure investment platform, will commence the work immediately. The project is expected to take minimum six months to complete.

“This contract is to support the first of five new buildings that will constitute the Heggvin data centre. Our ambition is to ensure deliveries and work of the highest possible quality in order to put Laje in pole position for the forthcoming work on the next four data centre buildings,” says Anders Granheim, managing director of Laje.

Laje is a focused infrastructure construction and service company within the energy infrastructure, telecom and electrification sector. The company’s business is divided into three business segments: energy infrastructure, telecom and electrification, all focusing on the ongoing electrification and digitalization megatrends.

(ENDS)

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

About Inin Group AS
Inin Group is a listed investment company operating as an industrial owner with investments in companies within infrastructure and industry services niches in the Nordics. The group create value by identifying investment opportunities within profitable niches with potential for development, consolidation and growth, working in collaboration with the platform companies to deliver sustainable growth and superior profitability. For more information, please visit: www.inin.no

Kilde

TekBot · januar 15, 2024, 1:32pm

ININ Group share buyback program status

15 January 2024: Reference is made to the stock exchange notices from 16 December 2022 announcing a share buyback program for ININ Group AS (the Company).

From 08 January 2024 through 12 January 2024, Pareto Securities AS has bought 200,000 shares on behalf of the Company at an average price of NOK 2,8834 and a total value of NOK 576,687.
…

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Additional information regarding the buyback program: The program consists of share purchases up to NOK 10 million and may be ended at the company’s discretion prior to fulfilment. The shares are purchased in accordance with the authorization granted at the company’s annual general meeting on 12 June 2023.

Contact information: Øivind Horpestad, CEO, tel: +47 910 00 626

This information is made public in accordance with the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · januar 15, 2024, 10:34pm

ININ Group AS – Mandatroy notification of trade – Employee share purchase program 2024

ININ Group AS has on 15 January completed the allotment under the annual share purchase program for employees. As part of the program, ININ Group AS has sold 1,189,540 own shares to employees at a purchase price of NOK 2,30 per share. The subscription price was based on the volume-weighted average share price in the period between 8 January 2024 and 12 January 2024, less 20% discount. To receive the discount the shares have a 16 months lock-up period.

Part of the transaction included primary insiders in ININ Group AS. The notifications of the transaction are attached to this press release in accordance with MAR regulation.
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For further information, please contact: Øivind Horpestad, CEO of Inin Group, Tel: +47 910 00 626

About Inin Group AS Inin Group is a listed investment company operating as an industrial owner with investments in companies within infrastructure and industry services niches in the Nordics. The group create value by identifying investment opportunities within profitable niches with potential for development, consolidation and growth, working in collaboration with the platform companies to deliver sustainable growth and superior profitability. For more information, please visit: www.inin.no

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

Kilde

TekBot · januar 22, 2024, 7:25pm

ININ Group share buyback program status

22 January 2024: Reference is made to the stock exchange notices from 16 December 2022 announcing a share buyback program for ININ Group AS (the Company).

From 15 January 2024 through 19 January 2024, Pareto Securities AS has bought 165,660 shares on behalf of the Company at an average price of NOK 2,8958 and a total value of NOK 479,726.
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Additional information regarding the buyback program: The program consists of share purchases up to NOK 10 million and may be ended at the company’s discretion prior to fulfilment. The shares are purchased in accordance with the authorization granted at the company’s annual general meeting on 12 June 2023.

Contact information: Øivind Horpestad, CEO, tel: +47 910 00 626

This information is made public in accordance with the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Kilde