Money
Ascencio : Ordinary general meeting of
The Ordinary General Meeting of Shareholders of 31 January 2023 approved all the proposed resolutions on the agenda, which mainly concerned the financial statements of Ascencio SCA for the year ended 30 September 2022.
1,648,877 shares of Ascencio SCA were represented, or 25 % of the total number of shares in existence.
Approval of the annual accounts of A scencio SCA and appropriation of profit
The Meeting approved the distribution of a gross dividend of EUR 3.95 per share.
The Meeting gave discharge, by separate vote, to the Statutory Manager and the Statutory Auditor, SCRL Deloitte, for the performance of their mandates.
The meeting approved, by separate vote, the compensation report for the financial year ended 30 September 2022 and the provisions relating to change of control.
Statutory auditor
The General Meeting of Shareholders of Ascencio SCA resolved to approve to renew the mandate of SCRL DELOITTE, Company Auditors, with registered office at B-1930 Zaventem, Luchthaven Nationaal 1J, represented for the purpose of the exercise of its mandate by Mr Rik Neckebroeck, for a period of 3 years, i.e. until the end of the 2026 OGM.
In order to comply with European regulations on auditor rotation and the maximum term of consecutive mandates, this mandate will have to be interrupted after a period of 2 years by the auditor tendering his resignation.
Annual remuneration of the auditor will be EUR 49,000 (excl. VAT) for audit assignments and EUR 6,000 (excl. VAT) for ESEF obligations. These amounts will be indexed to a consumer price reference index on 1 October 2022.
Financial calendar
Coupon payment date (ex-date)
6 February 2023
Record date
7 February 2023
Payment of dividend
9 February 2023
Interim statement at 31 December 2022
23 February 2023 (5.40 p.m.)
Interim financial report at 31 March 2023
25 May 2023
(5.40 p.m.)
Interim statement at 30 June 2023
17 August 2023
(5.40 p.m.)
Annual press release at 30 September 2023
23 November 2023
(5.40 p.m.)
Ordinary general meeting 2022/2023
31 January 2024
(5.40 p.m.)
31 January 2023 Under embargo until 5.40 p.m.
For an y additional in formation :
Stéphanie Vanden Broecke
Secretary General & General Counsel Tél : +32 (0)71.91.95.23 stephanie.vandenbroecke@ascencio.be
Cédric BIQUET
Chief Financial Officer Tél : +32 (0)71.91.95.00
cedric.biquet@ascencio.be
Vincent H . QUERTON
Chief Executive Officer Tél : +32 (0)71.91.95.00
vincent.querton@ascencio.be
About Ascencio
Active in Belgium, France and Spain, Ascencio is a Société Immobilière Réglementée Publique (Public Regulated Property Company or “Belgian REIT”)
specialising in investment in commercial premises located out of town.
Ascencio is characterised by its hybrid portfolio, consisting mainly of supermarkets and retail parks.
Listed on Euronext Brussels since 2007, Ascencio pursues a coherent policy aimed at optimising its results over time and ensuring stable profits for all its shareholders.
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Disclaimer
Ascencio SCA published this content on 31 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 January 2023 16:47:02 UTC.
Money
Where Tech Talent Goes To Thrive
here is a worldwide shortage of digital skills. In a world increasingly reliant on technology, demand for technological skillsets is rising by as much as 50%. Meanwhile, nearly three-quarters of today’s workers don’t feel equipped to learn the digital skills needed by businesses.
The most acute shortage is in advanced skills like programming, especially for new technologies like AI and blockchain.
This demand gives skilled tech workers, entrepreneurs, and leaders the pick of where to base themselves. As cities and nations compete to attract tech talent, what makes these prized individuals choose one place over another?.
Initial Attraction
In a survey of ‘tech migrants’, Boston Consulting Group identified a mixture of short-, medium-, and long-term levers businesses and cities could use to attract talent.
The initial attraction is often brute economics: higher pay and lower taxes. That’s certainly what brings people to Dubai, says Vladimir Vrzhovski, Tech and Digital Lead at Mercer: “Dubai pays about 30% higher than most of the mature tech hubs around Europe and Asia.” It also has a lower cost of living, especially when its 0% income tax is taken into account.
Businesses operating in the city’s free zones – like the tech-focused Dubai Internet City (DIC) and Dubai International Finance Centre (DIFC) Innovation Hub – also benefit from 0% corporation tax. BCG credits the incentive with bringing big names like Amazon, Google, and Oracle to the emirate.
It is an echo of London’s rise to tech prominence, offering tax relief on tech investments via its Seed Enterprise Investment Scheme (SEIS) to funnel the city’s vast pools of finance towards digital businesses.
The presence of blue-chip names affords another major draw for tech talent: opportunities.
Money
Adding exercise into treatment may reduce substance use, study shows
One key to fighting addiction may be exercise, according to a new study.
Researchers undertook a review of the existing literature around physical activity and its relationship to substance use, and they found that regular exercise was associated with lowered use in about 75% of the studies investigating that question, according to the analysis.
The review, published Wednesday in the journal PLOS ONE, looked at 43 studies with more than 3,000 total participants. In addition to a reduction or cessation in substance use, the studies also found improved markers of physical health and decreased depressive symptoms, the study said.
“People think that during treatment people should only do psychotherapeutic treatments … but that’s not what we’ve seen in our study,” said lead study author Florence Piché, a doctoral student and researcher at Université de Montréal in Canada. “It’s very beneficial to do physical activity in addition to the treatments.”
There are limitations to the findings. The review found that most of the studies the researchers examined had a high risk of bias, meaning more research is needed to confirm their findings, said Dr. Aaron Kandola, research fellow at Medical Research Council Unit for Lifelong Health and Ageing at University College London.
The studies were also not directly comparable enough to build a comprehensive and generalizable understanding of the relationship, Kandola said in an email. Kandola was not part of the research.
However, the findings were still significant and useful, he added.
“Substance use disorders are a major public health problem lacking low-cost, evidence-based solutions,” he said, adding that substance use disorders are worsening in many high-income countries — including the United States.
Finding more accessible solutions to this disorder is especially important because it often occurs with other mental health problems such as depression and anxiety, which disproportionately affect people with fewer socioeconomic resources and areas with higher deprivation, he said.
Physical activity may be a useful and accessible part of a treatment plan for substance use disorder, said Dr. Mark Smith, professor of psychology at Davidson College in North Carolina. Smith was not part of the research.
“I think there’s now a sufficient amount of data to indicate that various forms of physical activity and exercise are generally effective at reducing substance use in individuals seeking treatment,” he said.
What exercise does
Most people can benefit from engaging in physical activity, Kandola said.
One benefit the studies found is improvements in physical health such as cardiovascular endurance or muscle strength, Smith said. And although that may not be the primary goal of the research, he said this finding is important because it shows the physical activity is doing its job to promote physical health.
Money
Blood sugar drug tirzepatide also leads to substantial weight loss in diabetes patients, Eli Lilly says
There’s more evidence that the injectable drug tirzepatide helps people with diabetes lose weight as well as control their blood sugar, according to the drug’s manufacturer, Eli Lilly and Company.
In a new study, more than 900 adults with obesity and diabetes took the drug for a year and five months, and those on the highest dose lost an average of 34 pounds, or nearly 16% of their starting weight. It also helped people reduce their blood sugar, the company said in a news release. The data has not yet been peer-reviewed or published in a medical journal.
“We have not hit 15% in any other phase three trial for weight management in this type two diabetes population,” said Dr. Nadia Ahmad, an associate vice president at Eli Lilly and medical director of obesity clinical development for the company.
Ahmad said the company was pleased with these results, given how hard it is for people with type 2 diabetes to lose weight.
Tirzepatide is currently sold as Mounjaro and approved to help people with type 2 diabetes control their blood sugar.
Lilly says it will use the new study, along with results from an earlier study of weight loss in people without diabetes, to ask the US Food and Drug Administration to fast-track approval for tirzepatide purely for weight loss, which would make it a direct competitor to the blockbuster obesity drug Wegovy.
Plenty of people aren’t waiting for the FDA’s nod.
“I am aware of and I’ve heard, you know, it being sort of used off label for weight loss and individuals who do not have diabetes,” said Dr. Kimberly Gudzune, medical director of the American Board of Obesity Medicine. Gudzune was not involved in the tirzepatide study.
Gudzune points out that once a drug is FDA approved it can be prescribed for any reason a doctor sees as medically necessary.
Tirzepatide, along with several similar types of drugs taken for diabetes, went into shortage last year as success stories posted on social media fueled runaway demand for their weight loss benefits. The shortages made the medications difficult for patients with diabetes to get.
Tirzepatide works by mimicking the action of two different gut hormones. When blood sugar rises after eating, the drug stimulates the body to produce more insulin, which lowers blood sugar. It also slows down the movement of food from the stomach, making people feel fuller for longer. In clinical trials, people who took tirzepatide experienced more nausea, vomiting and diarrhea compared with those who took a placebo injection.
Semaglutide, manufactured by Novo Nordisk, has also been approved as a weight loss medication for overweight adults with at least one associated health problem since 2021. When prescribed for weight loss, it is sold under the brand name Wegovy. When prescribed for diabetes, the injection is sold under the brand name Ozempic.
High demand, coupled with manufacturing problems, threw Wegovy into shortage for much of the last year. That shortage then rippled into shortages for diabetes patients as doctors began prescribing other diabetes medications off-label for weight loss.
There has already been a lot of buzz about tirzepatide’s potential as an obesity medication. In a clinical trial published in the New England Journal of Medicine last year, people who were overweight or obese, but did not have diabetes, lost an average of 52 pounds on the highest dose of the drug, or more than 20% of their starting weight.
“In the last year has been really exciting just to have more tools in the toolbox, so to speak. And tools that, you know, we’re seeing really achieving outcomes that patients for the longest time have been hoping to achieve,” Gudzune said.
If those results hold up in the real world, that would make it the most potent of the injectable weight loss medications.
Indeed, this week Lilly aims to begin a study that will test Mounjaro against Wegovy head-to-head in 700 participants at 61 sites in the United States and Canada, according to clinicaltrials.gov. The study will conclude in February 2025.
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