Month: February 2020

LHV Group plans to establish a non-life insurance undertaking called AS LHV Kindlustus, 65% of which would belong to AS LHV Group, and 35%, similarly to the ownership structure of AS LHV Finance, to persons related to stores operating under the Euronics brand. Prerequisites for commencing the operations of the insurance undertaking include receiving a decision to permit concentration from the Competition Authority, concluding an agreement between shareholders, establishing the company, and receiving an activity licence from the Financial Supervision Authority. The process is estimated to take about one year.LHV Kindlustus plans to focus on the Estonian market. Clients of the insurance undertaking will consist primarily of the clients of LHV Pank and Euronics and, to a lesser extent, other clients as well.Insurance products will mainly...

AS LHV Group kavatseb luua kahjukindlustusseltsi AS LHV Kindlustus, millest 65% kuuluks AS-ile LHV Group ja 35% sarnaselt AS-i LHV Finance omanikestruktuurile Euronicsi kaubamärgi all tegutsevate kauplustega seotud isikutele. Kindlustusseltsi tegevusega alustamise eelduseks on koondumist lubava otsuse saamine Konkurentsiametilt, aktsionäridevahelise lepingu sõlmimine, ettevõtte asutamine ja tegevusloa saamine Finantsinspektsioonilt. Kogu protsessi pikkuseks on planeeritud ligikaudu üks aasta.LHV Kindlustus planeerib keskenduda Eesti turule. Kindlustusseltsi klientideks on eelkõige LHV Panga ja Euronicsi kliendid, vähemal määral ka teised kliendid.Kindlustustoodetest keskendutakse jaeklientide toodetele, mis moodustavad enamuse Eesti kindlustusturust. Peamisteks kindlustustoodeteks LHV Panga klientidele on kasko-, liiklus- ja kodukindlustus,...

Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) will release its Fourth Quarter and Preliminary Full Year 2019 results on Thursday, 27 February 2020 at 07:00hrs CET (10:00hrs UAE).The Company will host a webcast and conference call commencing at 10:00hrs CET (13:00hrs UAE).Access details are included below:A replay of the webcast will be available after the event at www.polarcus.com under Investor Relations.Please use the following numbers and Confirmation Code to dial-in to the conference call and to participate in the Q&A:Participant Telephone Numbers:A replay of the conference call will also be available after the event until Thursday, 5 March 2020.Replay Access Code: 4894196 ContactsHans-Peter Burlid, CFO+971 50 559 8175hp.burlid@polarcus.com About Polarcus

Oilfield Services revenues up 12 percent and operating income up 48 percentGross margin improvement in Performance Chemicals drives record operating incomeFuel Specialties impacted by supply disruption and expect operations to normalize by the end of Q1GAAP EPS $1.26 and adjusted EPS of $1.47 impacted by 19 cents from higher share based compensationStrong operating cash generation of $58.4 million; Net cash position of $15.6 million

VANCOUVER, British Columbia, Feb. 17, 2020 (GLOBE NEWSWIRE) — TAAL Distributed Information Technologies Inc. CSE:TAAL | FWB:9SQ | OTCQB:SQRMF) (“TAAL“) is pleased to announce that today it has entered into an asset purchase agreement (the “Agreement“) with Tansley Equipment Limited, Fractical Sense Limited and Laser Lollypop Limited (together, the “Sellers“), three companies affiliated with Mr. Calvin Ayre, to acquire over 50,000 non-operational cloud computing units located in the United States (the “Transaction“).The aggregate purchase price (the “Purchase Price“) payable by TAAL to the Sellers for the North American cloud computing assets to be acquired is approximately US$4,093,374. Closing of the Transaction (“Closing“) is expected to occur on or about...

FORT WORTH, Texas, Feb. 17, 2020 (GLOBE NEWSWIRE) — Lilis Energy, Inc. (NYSE American: LLEX) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico, today announced that Värde Partners, Inc., on behalf of certain of its affiliated private funds and investment vehicles (collectively, “Värde”), has extended the expiration date for its previously announced non-binding offer proposing to acquire all of the outstanding shares of common stock of the Company not owned by Värde for $0.25 per common share from February 17, 2020 to February 27, 2020.The special committee of the board of directors of the Company will further evaluate the Värde offer as the special committee continues its process of evaluating the potential for other strategic alternatives with the assistance...

LA JOLLA, Calif., Feb. 17, 2020 (GLOBE NEWSWIRE) — MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the JASDAQ Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that it has received a Notice of Allowance from the Japan Patent Office for a pending patent application which covers MN-001 (tipelukast) and MN-002 (a major metabolite of MN-001) for the treatment of advanced nonalcoholic steatohepatitis (NASH).Once issued, the patent maturing from this allowed patent application is expected to expire no earlier than May 2035. The allowed claims cover MN-001 and MN-002 for use in the treatment of a patient with advanced NASH. The allowed claims also cover advanced NASH patients that exhibit hepatic fibrosis, spider angiomata, ascites, splenomegaly, hard liver border,...

CHICAGO, Feb. 17, 2020 (GLOBE NEWSWIRE) — FreightCar America, Inc. (Nasdaq: RAIL) will host a conference call and live webcast on Thursday February 27, 2020 at 11:00 a.m. (Eastern Standard Time) to discuss the Company’s fourth quarter 2019 financial results.  The Company’s earnings release for the fourth quarter 2019 will be issued after market close on Wednesday February 26, 2020 and will be available on the Investor Relations page of the Company’s website at www.freightcaramerica.com.To participate in the conference call, please dial (844) 291-5491, Confirmation Number 3826331.  Interested parties are asked to dial in approximately 10 to 15 minutes prior to the start time of the call. The live audio-only webcast can be accessed at:Event URL: https://attglobal.webcasts.com/viewer/event.jsp?ei=1285861&tp_key=1fddfc2c7dPlease...

Alpharetta, GA, Feb. 17, 2020 (GLOBE NEWSWIRE) — Schweitzer-Mauduit International, Inc. (NYSE: SWM) will issue a press release announcing the Company’s fourth quarter and full year 2019 results after the market closes on February 20, 2020 and hold a conference call to discuss results on February 21, 2020. SWM will use a presentation to accompany its conference call. The presentation can be found on the Company’s Web site in advance of the earnings conference call. The presentation can also be accessed via the earnings conference call webcast.In conjunction with the release of SWM’s fourth quarter and full year earnings, you are invited to listen to the Company’s conference call that will be broadcast live over the Internet.What: SWM’s fourth quarter and full year earnings conference callWhen: Friday,...

ELGIN, Ill., Feb. 17, 2020 (GLOBE NEWSWIRE) — Heritage-Crystal Clean, Inc. (Nasdaq:HCCI) plans to release its financial results for the fourth quarter of 2019 and for the full fiscal year, which ended December 28, 2019, after the market close on Monday, March 2, 2020.The company will host a conference call on Tuesday, March 3, 2020 at 9:30 AM Central Time, during which management will give a presentation focusing on the Company’s operations and financial results.Interested parties can listen to the audio webcast available through our company website, http://crystal-clean.com/investor-relations/, and can participate in the call by dialing (720) 545-0014.About Heritage-Crystal Clean, IncHeritage-Crystal Clean, Inc. provides parts cleaning, used oil re-refining, and hazardous and non-hazardous waste services primarily to small...