Month: February 2020
Efore Plc Stock Exchange Release February 27, 2020 at 9:30 p.m.Efore Plc (going forward Enedo Plc) transfer of treasury shares, share redemption and total number of shares after reverse splitEfore Plc’s (going forward Enedo Plc)(the “Company”) extraordinary general meeting resolved on 25th February 2020 to reduce the number of shares in the company by transferring treasury shares and redeeming shares.As part of the arrangement, the extraordinary general meeting resolved that the Company will on the transaction date 27th February 2020 (the “Transaction Day”) transfer a maximum of 217,217 treasury shares without compensation so that the number of shares in the book-entry account of each shareholder is made divisible by 50. 44,132 shares was required to bring the number of outstanding shares owned by the shareholders to be divisible by 50....
Efore Oyj:n (jatkossa Enedo Oyj) omien osakkeiden luovutus, osakkeiden lunastus ja osakkeiden lukumäärä osakkeiden yhdistämisen jälkeen
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Efore Oyj Pörssitiedote 27.2.2020 klo 21:30Efore Oyj:n (jatkossa Enedo Oyj) omien osakkeiden luovutus, osakkeiden lunastus ja osakkeiden lukumäärä osakkeiden yhdistämisen jälkeenEfore Oyj:n (jatkossa Enedo Oyj)(”Yhtiö”) ylimääräinen yhtiökokous päätti 25.2.2020 vähentää yhtiön osakkeiden lukumäärää yhtiön hallussa olevia osakkeita luovuttaen ja omia osakkeita lunastaen.Osana järjestelyitä, ylimääräinen yhtiökokous päätti, että Yhtiö luovuttaa transaktiopäivänä 27.2.2020 (”Transaktiopäivä”) enintään 217,217 hallussa olevia omia osakkeita vastikkeetta siten, että jokaisen osakkeenomistajan arvo-osuustilin mukaisen osakkeiden lukumäärä on jaollinen 50:llä. Yhtiön osakkeenomistajien omistamien osakkeiden lukumäärän saattamiseksi jaolliseksi luvulla 50 tarvittiin 44,132 osaketta. Vastikkeetta luovutettujen osakkeiden lukumäärä...
Ziyen Energy announces acquisition of Overriding Royalty Interest in the Bayou Star Energy’s project located in Jefferson Parish in Louisiana for ZiyenCoins
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SAN DIEGO, Feb. 27, 2020 (GLOBE NEWSWIRE) — Ziyen Energy has announced they have acquired a fifth acquisition in exchange for ZiyenCoin. This time acquiring an overriding royalty interest in the Bayou Star Energy’s, Lillie Young Well No. 1, located in Jefferson Davis Parish, Louisiana.Bayou Star Energy, LLC is an operator in the state of Louisiana specializing in conventional South Louisiana oil and gas properties. Their team of engineers have over 100+ years of experience in both conventional and unconventional oil and gas land, marsh, and offshore operations.Geologist Michael Crabtree, Bayou Star Energy, LLC stated, “Lillie Young Well No. 1 was logged on October 31, 2019 and tested at 288 BOPD (barrels of oil per day). We estimated reserves for the project to be 250,000 barrels of oil. The production facilities are being installed...
Annual Financial Report 2019
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Company Announcement no. 50 – 2019Copenhagen, February 27nd, 2020Annual Financial Report 2019Based on the global megatrends like urbanization, sharing economy and the green agenda, GreenMobility continues to take an active role in changing the traditional mobility patterns, with the clear goal of reducing CO2 emissions and replacing private cars, to make cities even better places to live in.In 2019, GreenMobility has generated further growth in Denmark as well as in the international market and thereby offering a total fleet of 750 shared electric vehicles in three cities. Additional four cities are in the preparing phases to be launched in the coming months.Key highlights of 2019:Total revenue grew...
Unity Bancorp Declares Cash Dividend
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CLINTON, N.J., Feb. 27, 2020 (GLOBE NEWSWIRE) — Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.08 per common share. Such dividend is payable on March 27, 2020 to shareholders of record as of March 13, 2020.Unity Bancorp, Inc. is a financial service organization headquartered in Clinton, New Jersey, with approximately $1.7 billion in assets and $1.3 billion in deposits. Unity Bank provides financial services to retail, corporate and small business customers through its 19 retail service centers located in Bergen, Hunterdon, Middlesex, Somerset, Union and Warren Counties in New Jersey and Northampton County, Pennsylvania. For additional information about Unity, visit our website at www.unitybank.com, or call 800- 618-BANK.This news release...
Adevinta ASA (ADE) – Adevinta refinances its bank facility to €600 million multicurrency Term Loan & Revolving Credit Facilities
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Oslo, 27 February 2020: Adevinta ASA announces the refinancing of its existing €300 million bank facility with €600 million multi-currency Term Loan and Revolving Credit Facilities, which took effect on 25 February 2020. The Facilities include an accordion increase option, which provides flexibility for the parties to agree an increased size by an additional €120 million during the term of the Facilities.The Revolving Credit Facility has a tenor of five years with two one-year extension options, whilst the Term Loan component has a tenor of three years.DNB Markets, a part of DNB Bank ASA, and Danske Bank A/S acted as Co-ordinators, Mandated Lead Arrangers and Bookrunners on the transaction. In addition, BNP Paribas SA Norway Branch and Swedbank AB (publ) joined as Mandated Lead Arrangers and Bookrunners, whilst J.P. Morgan Securities...
Middlesex Water Company Reports 2019 Fourth Quarter and Full Year Earnings
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ISELIN, N.J., Feb. 27, 2020 (GLOBE NEWSWIRE) — Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX) a provider of water and wastewater services, today reported 4th Quarter diluted earnings per share of $0.46, which is $0.03 per share higher than the same reporting period in 2018. For 2019, diluted earnings per share were $2.01, up $0.05 from $1.96, reported for the same period in 2018.2019 FINANCIAL RESULTSThe Company reported 2019 consolidated operating revenues of $134.6 million, as compared to $138.1 million in 2018. The overall decline in operating revenues is attributable to a change in the wastewater component of our recently renewed non-regulated contract (effective January 1, 2019 for a term of 10 years) to operate the City of Perth Amboy, New Jersey’s (Perth Amboy) water and wastewater systems. A reduction...
Pioneer Marine Inc. Announces Financial Results for the Quarter and Year Ended December 31, 2019
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MAJURO, Marshall Islands, Feb. 27, 2020 (GLOBE NEWSWIRE) — Pioneer Marine Inc. and its subsidiaries (OSLO-OTC: PNRM) (“Pioneer Marine,” or the “Company”) a leading shipowner and global drybulk handysize transportation service provider announced its financial and operating results for the fourth quarter and year ended December 31, 2019.Financial Highlights at a glance:
Ranjit Tinaikar Joins Ness Digital Engineering as CEO
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TEANECK, N.J., Feb. 27, 2020 (GLOBE NEWSWIRE) — Ness Digital Engineering, a global provider of digital transformation solutions, today announced that Ranjit Tinaikar has been appointed Chief Executive Officer of the Company, effective immediately. Mr. Tinaikar has over 20 years of experience in the technology services sector with a track record of driving growth in the global businesses that he has managed. Most recently, he served as President of Fitch Solutions, a data and analytical services business, where he repositioned the business for growth through strategic investments and acquisitions in differentiated analytical offerings. Prior to Fitch, Mr. Tinaikar was Managing Director of Advisory & Investment Management, a data analytics business unit of Thomson Reuters, where he led the successful revenue turnaround of a business...
Aéroports de Paris SA: Groupe ADP takes note of the ART’s opinion on the WACC and does not share its assumptions nor its conclusions
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PRESS RELEASE27 February 2020Aéroports de Paris SAGroupe ADP takes note of the ART’s opinion on the WACCand does not share its assumptions nor its conclusionsGroupe ADP takes note of the opinion on the Weighted Average Cost of Capital (WACC) published by the Transports Regulation Authority (Autorité de Régulation des Transports – ART) on 27 February 2020 as part of the preparation of the upcoming Economic Regulation Agreement (ERA) for the 2021-2025 period. This opinion holds a WACC range for the regulated scope between 2% and 4.1%, below the WACC assumption of 5.6% figuring in the ERA’s public consultation document, published on 2 April 2019.Groupe ADP shares neither the method nor the assumptions nor the conclusions held by the ART in its assessment of the WACC and considers as sound the model and assumptions of the public...