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Day: December 11, 2019

Air France-KLM accelerates its fleet renewal and orders an additional 10 Airbus A350-900s for Air France

  Roissy, Amstelveen, December 11, 2019Air France-KLM accelerates its fleet renewal and orders an additional 10 Airbus A350-900s for Air France The Air France and Air France-KLM Boards of Directors have reached a decision concerning the replacement of Air France’s Airbus A380s and approved an order of 10 Airbus A350-900s.With this decision, Air France-KLM is pursuing its fleet rationalization and simplification strategy.KLM is already well on its way to simplifying its long-haul fleet which will ultimately consist of only Boeing 777 and 787 aircraft, sharing a common pilot type rating .At Air France, this upcoming order will bring the total number of A350 aircraft to 38, including three that have already been delivered.This is the next step for Air France as it pursues the same fleet simplification strategy. As a result, in 2023, the...

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Air France-KLM accélère le renouvellement de sa flotte et commande 10 Airbus A350-900 supplémentaires pour Air France

   Roissy, Amstelveen, le 11 décembre 2019Air France-KLM accélère le renouvellement de sa flotte et commande 10 Airbus A350-900 supplémentaires pour Air FranceLes Conseils d’Administration d’Air France et d’Air France-KLM ont statué sur la solution de remplacement des Airbus A380 d’Air France et approuvé une commande de 10 Airbus A350-900.A travers cette décision, Air France-KLM poursuit sa stratégie de rationalisation et de simplification de la flotte.Ce travail a déjà été en partie effectué chez KLM, qui exploitera à terme une flotte d’appareils long-courriers constituée exclusivement de Boeing 777 et Boeing 787. Les pilotes de la compagnie étant qualifiés pour voler indifféremment sur les deux appareils.Chez Air France, la commande à venir portera à 38 le nombre d’appareils A350 attendus, dont trois ont déjà été livrés.C’est une nouvelle...

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Honey Badger Exploration Appoints New CFO

TORONTO, Dec. 11, 2019 (GLOBE NEWSWIRE) — Honey Badger Exploration Inc. (TSX-V: TUF) (“Honey Badger” or the “Company”) announces that Ms. Fiona Fitzmaurice, BA, ACCA, CPA, CGA has been appointed as Honey Badger’s Chief Financial Officer effective immediately.Ms. Fitzmaurice is a chartered accountant with over 12 years of experience in accounting and financial control for both private and publicly listed companies. Fiona is currently CFO of MacDonald Mines Exploration Ltd. (TSX-V: BMK), Pasofino Gold (TSX-V: VEIN) and was previously CFO for Mojave Jane Brands and the financial controller for Noront Resources Ltd.  Fiona has been involved in private placements, prospectus filings, flow-through financings and corporate audits. Fiona holds a bachelors’ degree in accounting and finance from Athlone Institute of Technology, Ireland.Ms....

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Volta Finance Limited – Net Asset Value as at 30 November 2019

Volta Finance Limited (VTA / VTAS) – November 2019 monthly reportNOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES*****Guernsey, 11 December 2019AXA IM has published the Volta Finance Limited (the “Company” or “Volta Finance” or “Volta”) monthly report for November. The full report is attached to this release and will be available on Volta’s website shortly (www.voltafinance.com).PERFORMANCE and PORTFOLIO ACTIVITYIn November, Volta’s NAV* total return performance was +0.4%. The YTD performance is 3.5%.This month, performance was mainly driven by a modest rebound in both CLO debt and CLO Equity prices. The monthly performances ** of the sub-asset classes were the following, in local currency: +1.0% for Bank Balance Sheet transactions, +0.9% for CLO Equity tranches; +0.8% for CLO Debt; +0.7%...

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The North West Company Inc. Announces Third Quarter Earnings and a Quarterly Dividend

WINNIPEG, Manitoba, Dec. 11, 2019 (GLOBE NEWSWIRE) — (TSX: NWC):  The North West Company Inc. (the “Company” or “North West”) today reported its unaudited financial results for the third quarter ended October 31, 2019.  It also announced that the Board of Directors have declared a dividend of $0.33 per share to shareholders of record on December 31, 2019, to be paid on January 15, 2020.

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Recording of the Third Quarter 2019 Investor Conference Webinar

On December 11 JSC Olainfarm organized its Investor Conference Online Webinar. During the webinar the Chairman of Management Board Jeroen Weites and Investor Relations Advisor Janis Dubrovskis analyzed the financial results of third quarter and 9 months 2019 and informed about other recent activities within the company.The recorded webinar is available online: https://bit.ly/2sg4rPa, and the presentation, demonstrated during the webinar, is available in the attachment. Methodology for alternative performance indicators is disclosed in Annual report for 2018 (page 20) and in Financial statements for 6 months period ended 30 June 2019 (page 17).Olainfarm thanks all participants, who joined the webinar, and encourages everybody to follow company’s announcements to get information on the next webinar!JSC Olainfarm is one of the largest companies...

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Ir noslēgusies Olainfarm 2019. gada 3. ceturkšņa virtuālā konference

11. decembrī AS „Olainfarm” aizvadīja virtuālo konferenci investoriem. Konferences laikā AS „Olainfarm” valdes priekšsēdētājs Jerūns Veitess (Jeroen Weites) un Investoru attiecību konsultants Jānis Dubrovskis analizēja 2019. gada 3. ceturkšņa un 9 mēnešu finanšu rezultātus, kā arī informēja par citām aktualitātēm uzņēmumā.Virtuālās konferences ieraksts ir pieejams šeit: https://bit.ly/2sg4rPa, savukārt virtuālās konferences laikā demonstrētā prezentācija ir pievienota paziņojuma pielikumā.  Alternatīvo snieguma rādītāju aprēķina metodika ir atklāta 2018.gada pārskatā (20.lpp.) un finanšu pārskatā par 2019.gada 6 mēnešiem (17.lpp.).Olainfarm pateicas visiem, kas piedalījās virtuālajā konferencē un aicina sekot līdz informācijai par nākamo virtuālo konferenci!AS “Olainfarm” ir viens no lielākajiem uzņēmumiem Baltijas valstīs ar vairāk nekā...

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UMH PROPERTIES, INC. ANNOUNCES ADDITION OF VICE PRESIDENT OF CAPITAL MARKETS

FREEHOLD, NJ, Dec. 11, 2019 (GLOBE NEWSWIRE) — UMH Properties, Inc. (NYSE: UMH) today announced that it welcomes James O. Lykins as a Vice President of Capital Markets, effective January 15, 2020. Previously, Jim was an analyst at D.A. Davidson & Co. from 2015-2019 where he covered the REIT sector. Prior to that beginning in 2014, he was the Acquisitions Manager at Whitestone REIT. He was at Hilliard Lyons from 2000-2014, including 12 years in Equity Research and two years in Investment Banking. Jim graduated from the University of Kentucky with a B.B.A. in Finance and received his MBA from Bellarmine University. His experience will add tremendous value to the overall operations of the Company. Samuel A. Landy, President and Chief Executive Officer, commented, “UMH is proud that Jim will join UMH Properties as Vice President...

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Société Générale : Communication des exigences prudentielles de capital applicables au 1er janvier 2020

COMMUNICATION DES EXIGENCES PRUDENTIELLES DE CAPITAL APPLICABLES AU 1ERJANVIER 2020Communiqué de presseParis, le 11 décembre 2019La Banque Centrale Européenne a notifié l’exigence de capital supplémentaire au titre du Pilier 2 (P2R – Pilier 2 obligatoire) à partir du 1er janvier 2020. Cette dernière est inchangée et s’établit, pour Société Générale, à 1,75%.En tenant compte des différents coussins réglementaires, le niveau de ratio CET1 qui déclencherait le mécanisme lié au Montant Maximum Distribuable s’établira au 1er janvier 2020 à 10,02% (dont 0,27% au titre de coussins contracycliques).Le ratio CET1 du Groupe s’élève à 12,5%(1) au 30 septembre 2019.(1)                 Pro forma, incluant les résultats du troisième trimestre 2019, nets de dividendes Contacts presse :Antoine Lhéritier +33 (0)1 42 13 68 99 antoine.lheritier@socgen.comCorentin...

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Societe Generale: Disclosure of regulatory capital requirements as from 1st January 2020

DISCLOSURE OF REGULATORY CAPITAL REQUIREMENTS AS FROM 1st JANUARY 2020Press releaseParis, 11 December 2019The European Central Bank notified the level of additional requirement in respect of Pillar 2 (P2R or “Pillar 2 Requirement”) for Societe Generale, which will apply from 1 Janvier 2020. This level remains unchanged and will stand at 1.75% for Societe Generale.Taking into account the combined regulatory buffers, the CET1 ratio level that would trigger the Maximum Distributable Amount mechanism would be 10.02% as of 1 January 2020 (including 0.27% of countercyclical buffers).The Group CET1 ratio amounts to 12.5%(1) as of 30 September 2019.(1)                 Pro-forma, including the earnings of the third quarter 2019, nets of dividendsPress contacts:Antoine Lhéritier +33 (0)1 42 13 68 99 antoine.lheritier@socgen.comCorentin Henry +33...

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