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21st Austria weekly - Frequentis, voestalpine, bet-at-home.com (09/09/2019)

15.09.2019

Frequentis: Frequentis is supplying an integrated control centre solution for the maritime control centre in Aasiaat in southwest Greenland to Tele Greenland, the largest postal and telecommunications provider in Greenland which has as its main pillar the coastal radio service, as well as emergency communication and commercial ship radio services. The scope of supply also includes a recording and monitoring system as well as the training of Tele Greenland employees. In addition, a contract for long-term technical system support was signed. The control centre is designed in accordance with the latest ergonomic methods and shortens the time needed to rescue shipwrecked persons with the special Frequentis software system.
Frequentis: weekly performance: 4.93%

voestalpine: The Management Board of technology group voestalpine AG adopted a resolution to call the entire issue of Hybrid Bond 2013 with a volume of Euro 500 mn (ISIN AT0000A0ZHF1) in accordance with § 5 (2) of the terms and conditions effective on the first possible call date for this bond, namely 31 October 2019. The redemption amount is Euro 1,060 (including interest accrued) for each bond par value of Euro 1,000. Redemption will be performed via the paying agent and clearing system and no action is required by bond creditors in this regard.
voestalpine: weekly performance: 11.65%

bet-at-home.com: Gaming company bet-at-home.com AG expects corporation tax back payments to be paid by bet-at- home.com Entertainment GmbH as part of an ongoing tax audit on the basis of discussion of bet-at-home.com Entertainment GmbH with the tax authorities of the Republic of Austria for the assessment periods 2013 to 2018 expected to amount to Euro 11.9 mn. Contrary to previous years of practice by the tax authorities, the agreed internal transfer pricing between the bet-at-home.com Entertainment GmbH and its subsidiary Group companies will not be accepted at the previous level any longer. On the basis of the changed intercompany invoicing, as of 2019 additional corporate taxes are expected on the amount of Euro 5.5 mn to be borne by bet-at-home.com Entertainment GmbH. This is expected to be counteracted by reduced tax burdens in Malta, so that the additional burden in the Group should reach only up to Euro 5 mn. bet-at-home.com AG holds 100% of the shares in bet-at-home.com Entertainment GmbH, Linz, Austria. bet-at-home.com Entertainment GmbH owns 100% of the Group's operating companies, which are based in Malta and Gibraltar.
bet-at-home.com: weekly performance: -8.12%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (09/09/2019)


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21st Austria weekly - Frequentis, voestalpine, bet-at-home.com (09/09/2019)


15.09.2019


Frequentis: Frequentis is supplying an integrated control centre solution for the maritime control centre in Aasiaat in southwest Greenland to Tele Greenland, the largest postal and telecommunications provider in Greenland which has as its main pillar the coastal radio service, as well as emergency communication and commercial ship radio services. The scope of supply also includes a recording and monitoring system as well as the training of Tele Greenland employees. In addition, a contract for long-term technical system support was signed. The control centre is designed in accordance with the latest ergonomic methods and shortens the time needed to rescue shipwrecked persons with the special Frequentis software system.
Frequentis: weekly performance: 4.93%

voestalpine: The Management Board of technology group voestalpine AG adopted a resolution to call the entire issue of Hybrid Bond 2013 with a volume of Euro 500 mn (ISIN AT0000A0ZHF1) in accordance with § 5 (2) of the terms and conditions effective on the first possible call date for this bond, namely 31 October 2019. The redemption amount is Euro 1,060 (including interest accrued) for each bond par value of Euro 1,000. Redemption will be performed via the paying agent and clearing system and no action is required by bond creditors in this regard.
voestalpine: weekly performance: 11.65%

bet-at-home.com: Gaming company bet-at-home.com AG expects corporation tax back payments to be paid by bet-at- home.com Entertainment GmbH as part of an ongoing tax audit on the basis of discussion of bet-at-home.com Entertainment GmbH with the tax authorities of the Republic of Austria for the assessment periods 2013 to 2018 expected to amount to Euro 11.9 mn. Contrary to previous years of practice by the tax authorities, the agreed internal transfer pricing between the bet-at-home.com Entertainment GmbH and its subsidiary Group companies will not be accepted at the previous level any longer. On the basis of the changed intercompany invoicing, as of 2019 additional corporate taxes are expected on the amount of Euro 5.5 mn to be borne by bet-at-home.com Entertainment GmbH. This is expected to be counteracted by reduced tax burdens in Malta, so that the additional burden in the Group should reach only up to Euro 5 mn. bet-at-home.com AG holds 100% of the shares in bet-at-home.com Entertainment GmbH, Linz, Austria. bet-at-home.com Entertainment GmbH owns 100% of the Group's operating companies, which are based in Malta and Gibraltar.
bet-at-home.com: weekly performance: -8.12%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (09/09/2019)




 

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