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Month: February 2020

TFI International Announces Closing of US $230 Million Public Offering

MONTREAL, Feb. 18, 2020 (GLOBE NEWSWIRE) — TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced the closing of its previously-announced marketed offering of common shares in the United States and Canada, representing TFI International’s initial public offering in the United States.  TFI International issued a total of 6,900,000 shares, including 900,000 shares following the exercise in full by the underwriters of their over-allotment option.  The shares were issued at a price of US $33.35 per share, the equivalent of CAD $44.20 per share based on the Bank of Canada exchange rate at the time of pricing, for gross proceeds to TFI International of US $230,115,000 (approximately CAD $305 million).TFI International expects to use the net proceeds from the offering...

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Misonix to Present at the 40th Annual Cowen Healthcare Conference on March 2

FARMINGDALE, N.Y., Feb. 18, 2020 (GLOBE NEWSWIRE) — Misonix, Inc. (Nasdaq: MSON) (“Misonix” or the “Company”), a provider of minimally invasive therapeutic ultrasonic medical devices that enhance clinical outcomes, today announced that it will be participating in the 40th Annual Cowen Healthcare Conference taking place on Monday, March 2nd at the Boston Marriott Copley Place hotel in Boston. Misonix President and Chief Executive Officer, Stavros Vizirgianakis, along with Joe Dwyer, Misonix Chief Financial Officer, will be making a company presentation on Monday, March 2nd at 2:50 p.m. ET in the Orleans Room. Management will also be available to meet with institutional investors in one-on-one meetings through-out the day.The Misonix investor presentation is available in the “Investor Relations” section of the Company’s website at...

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Peoples Bancorp Announces Authorization of Stock Repurchase Plan

NEWTON, N.C., Feb. 18, 2020 (GLOBE NEWSWIRE) — Peoples Bancorp of North Carolina, Inc. (Nasdaq: PEBK), the parent company of Peoples Bank, Newton, NC announced today that its Board of Directors has authorized a stock repurchase program, whereby up to $3 million will be allocated to repurchase the Company’s common stock.  At December 31, 2019, the Company had assets of $1.2 billion and stockholder’s equity of $134.1 million.Any purchases under the Company’s repurchase program may be made periodically as permitted by securities laws and other legal requirements in the open market or in privately-negotiated transactions.  The timing and amount of any repurchase of shares will be determined by the Company’s management, based on its evaluation of market conditions and other factors.  The repurchase program may be suspended at any time...

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Sotherly Hotels Inc. Announces Dividend Tax Treatment

WILLIAMSBURG, Va., Feb. 18, 2020 (GLOBE NEWSWIRE) — Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) today announced the estimated income tax classification of the Company’s 2019 distributions on its common shares (CUSIP #83600C103), Series B preferred shares (CUSIP #83600C301), Series C preferred shares (CUSIP #83600C400), and Series D preferred shares (CUSIP #83600C509). The income tax classification of the 2019 distributions as it is expected to be reported on Form 1099-DIV is set forth in the following table:The CUSIP number for Sotherly Hotels Inc.’s Series D Preferred Shares is 83600C509.* Generally, distributions will reduce a shareholder’s adjusted tax basis in its shares.  Any amount of the distribution that exceeds a shareholder’s adjusted tax basis in its shares should be treated as gain from the...

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YRC Worldwide Launches New Industry-centric Sales Verticals

OVERLAND PARK, Kan., Feb. 18, 2020 (GLOBE NEWSWIRE) — YRC Worldwide Inc. (NASDAQ: YRCW) announced the next phase of its Enterprise Transformation by expanding its industry focused sales strategy into three new industry verticals: (1) manufacturing, automotive and energy; (2) retail, consumer goods and ecommerce; and (3) healthcare and life sciences. The depth and longevity of YRCW’s expertise in these verticals align with its stated long-term strategy of improved customer service and engagement backed by customized supply chain solutions.  “In response to the ever-changing market and in an effort to play to our strengths, we are taking a surgical approach to focus on verticals where we have shown a clear ability to execute and demonstrable core competencies,” said Jason Bergman, Chief Customer Officer. “Our expertise in these industries...

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Lokalplan for et nyt Lalandia i Søndervig er godkendt

I fortsættelse af selskabsmeddelelse 15/2018 af 19. december 2018 kan det oplyses, at byrådet i Ringkøbing Skjern Kommune i dag har godkendt lokalplanen for et nyt Lalandia i Søndervig.Dermed er alle godkendelser for projektets realisering opnået og Lalandia i Søndervig forventes at åbne inden sommeren 2022.Etableringen foretages gennem selskabet Lalandia Søndervig A/S, der ejes af PARKEN Sport & Entertainment A/S (75 %) og købmand Keld Hansen, Søndervig (25 %).Investeringen i Lalandia i Søndervig vil være ca. 400 mio. kr., hvortil kommer investeringerne i de 440 omkringliggende feriehuse, der dog afdækkes ved salg af feriehusene inden opførelse af feriecentret. De samlede investeringer vil udgøre ca. 1 mia. kr.Det estimeres, at projektet, herunder som følge af salg af feriehuse, vil have en positiv effekt på resultatet før skat i...

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Puma Exploration to Drill the Chester Property in 2020

RIMOUSKI, Québec, Feb. 18, 2020 (GLOBE NEWSWIRE) — Puma Exploration Inc. (the “Company” or “Puma”) is pleased to announce that it elects to maintain the Chester Property option agreement in good standing and has fulfilled the minimum requirements for the first year anniversary as stipulated in the option agreement (see news 12/02/2019).During the first year work program, Puma proceeded with several exploration techniques including : geological mapping, extensive data compilation, 3D EM inversion, detailed AI targeting survey (Windfall Geotech WIN-TSXV), and a trenching program (4,500 m). Current exploration work completed by Puma was aimed to identify the best 5-10 targets to be drilled on the property during the second year program.The trenching program conducted on the Chester Property in November and December 2019 highlight and...

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Transactions by members of senior management in shares issued by Columbus A/S and related securities

Release no. 3/2020Statement of transactions by members of senior management and their related parties in shares issued by Columbus A/S and related securities, cf. article 19 of the Market Abuse RegulationAttachmentSE_03_2020_Transactions_by_members_of_senior_management_in_shares_issued_by_Columbus_and_related_securities

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Incentive scheme

Release no. 2/2020To strengthen Columbus A/S’s results and value creation for the company’s share­holders, and to attract, retain and motivate senior executives, and other key employees in Columbus, the Board of Directors has decided to exercise the authorization in Art. 5 in the Company’s Articles of Association and grant warrants amounting to a total value of DKK 3,881,250 (nom.) in Columbus A/S.The issue of warrants is in accordance with the Company’s remuneration policy, incl. guidelines for incentive programs which were adopted at the Company’s Annual General Meeting on 24 April 2018.The exercise price is based on the average quoted share price in the three trading days prior to the grant date.The warrants are granted to senior executives and other senior employees contingent on employment in the company in the below-mentioned vesting...

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Sanofi joins forces with U.S. Department of Health and Human Services to advance a novel coronavirus vaccine

Sanofi joins forces with U.S. Department of Health and Human Services to advance a novel coronavirus vaccine*Work with Biomedical Advanced Research and Development Authority (BARDA) will utilize Sanofi’s well-established recombinant technology platform to expedite a potential COVID-19 vaccinePARIS – February 18, 2020 – Sanofi Pasteur, the vaccines global business unit of Sanofi, will leverage previous development work for a SARS vaccine which may unlock a fast path forward for developing a COVID-19 vaccine. Sanofi will collaborate with the Biomedical Advanced Research and Development Authority (BARDA), part of the Office of the Assistant Secretary for Preparedness and Response, expanding the company’s long-standing partnership with BARDA.COVID-19 belongs to a family of coronaviruses that can cause respiratory disease. In late 2002, the...

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