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Day: March 26, 2020

CNL Strategic Capital Closes on Investment in Blue Ridge ESOP Associates

Orlando, Fla., March 26, 2020 (GLOBE NEWSWIRE) — CNL Strategic Capital, LLC closed on a $12.5 million investment in Transition Finance Strategies LLC, which does business under the name Blue Ridge ESOP Associates (Blue Ridge). This is the sixth company in CNL Strategic Capital’s portfolio.CNL Strategic Capital is co-investing in Blue Ridge with LLCP Lower Middle Market Fund, L.P., an institutional fund and affiliate of Levine Leichtman Strategic Capital, LLC, the sub-manager of CNL Strategic Capital, as well as the existing owners and management team.Established in 1988, Blue Ridge is the leading provider of technology enhanced solutions and services for the administration and recordkeeping of Employee Stock Ownership Plans (ESOPs) and associated 401(k) plans. Blue Ridge’s comprehensive service offerings and highly experienced professional...

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Aðgerðir í efnahagsmálum vegna Covid -19

Borgarráð samþykkti einróma á fundi sínum fyrstu aðgerðir til að bregðast við áfallinu sem Covid-19 faraldurinn hefur í för með sér með áherslu á velferð borgarbúa, afkomu þeirra og grunnstoða borgarsamfélagsins sem þurfa að standa af sér víðtækar afleiðingar faraldursins.Allt frá því að Covid-19 faraldurinn kom til landsins hefur það verið frumskylda Reykjavíkurborgar að veita og tryggja órofna grunnþjónustu. Á sama tíma hefur verið unnið að efnahagslegri sviðsmyndagreiningu á mögulegum afleiðingum og eru tillögurnar sem samþykktar voru í morgun í samræmi við þá greiningu.Markmið aðgerðanna er að stytta niðursveifluna eins og kostur er, verja lífsafkomu og lífskjör allra borgarbúa, styðja við endurreisn fyrirtækja og atvinnulífs og skapa á ný fjölbreytta og blómlega framtíð í lífsgæðaborg. Á sama tíma ætlar borgin að fylgjast náið með...

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Scandinavian Tobacco Group A/S – Results of the Annual General Meeting

                                                                                  Copenhagen, 26 March 2020Results of the Annual General Meetingof Scandinavian Tobacco Group A/SScandinavian Tobacco Group A/S (the “Company”) held its annual general meeting today. The outcome of the general meeting was as follows: 1.    Adoption of the audited annual report The audited annual report was adopted by the general meeting. 2.    Appropriation of profit or loss as recorded in the adopted annual reportThe general meeting approved the Board of Directors’ proposal that for the financial year 2019 the Company pays a dividend of DKK 6.10 per share of DKK 1. 3.     Adoption of the remuneration of the Board of Directors and Board committeesThe general meeting approved the Board of Directors’ proposal for compensation to the Board of Directors...

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Scandinavian Tobacco Group A/S – Resultatet af den ordinære generalforsamling

                                                                                                            København, den 26. marts 2020 Resultatet af den ordinære generalforsamling iScandinavian Tobacco Group A/SScandinavian Tobacco Group A/S (“Selskabet”) har i dag afholdt sin ordinære generalforsamling. Resultatet af generalforsamlingen var som følger:1.    Godkendelse af den reviderede årsrapportGeneralforsamlingen godkendte den reviderede årsrapport.2.    Anvendelse af overskud eller dækning af underskud i henhold til den godkendte årsrapportGeneralforsamlingen vedtog bestyrelsens forslag om, at Selskabet for regnskabsåret 2019 udbetaler et udbytte på DKK 6,10 pr. aktie à DKK 1.3.    Godkendelse af bestyrelsens og bestyrelsesudvalgenes honorarGeneralforsamlingen vedtog bestyrelsens forslag om, at bestyrelsens vederlag...

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Lassila & Tikanoja plc: Managers’ transactions – Eero Hautaniemi

Lassila & Tikanoja plcManagers’ transactions26.3.2020 6.00 pmLASSILA & TIKANOJA PLCEero HautaniemiPresident and CEOAdditional information:Eero Hautaniemi, President and CEO, tel. +358 10 636 2810Valtteri Palin, CFO, tel. +358 40 734 7749Lassila & Tikanoja is a service company that makes circular economy a reality. Together with our customers, we keep materials, properties and factories in productive use for as long as possible and we enhance the use of raw materials and energy. We help our customers maintain the value of their properties and materials while protecting the environment. We achieve this by delivering responsible and sustainable service solutions that make the daily lives of our customers easier. With operations in Finland, Sweden and Russia, L&T employs 8,200 people. Net sales in 2019 amounted to...

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Lassila & Tikanoja Oyj: Ilmoitus johdon liiketoimista – Eero Hautaniemi

Lassila & Tikanoja OyjJohdon liiketoimet26.3.2020 klo 18.00LASSILA & TIKANOJA OYJEero HautaniemiToimitusjohtajaLisätietoja:toimitusjohtaja Eero Hautaniemi, puh. 010 636 2810talousjohtaja Valtteri Palin, puh. 040 734 7749Lassila & Tikanoja on palveluyritys, joka tekee kiertotaloudesta totta. Yhdessä asiakkaidemme kanssa pidämme materiaalit ja kiinteistöt mahdollisimman pitkään tuottavassa käytössä sekä tehostamme raaka-aineiden ja energian käyttöä. Näin toimien luomme enemmän arvoa kiertotaloudella sekä asiakkaillemme, henkilöstöllemme että yhteiskunnalle laajemmin. Kun onnistumme tässä, myös omistajillemme tuotettu arvo kasvaa. Tavoitteenamme on jatkuvasti kasvattaa toimintamme hiilikädenjälkeä eli positiivista ilmastovaikutusta. Sosiaalista vastuuta kannamme muun muassa huolehtimalla oman henkilöstön työkyvystä sekä tarjoamalla...

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Kvika banki hf.: CEO‘s presentation for AGM

Attached is a presentation on Kvika‘s operations and annual financial statements for 2019 which the bank‘s CEO, Marinó Örn Tryggvason, will go over at the AGM today, 26 March 2020 at 4:30 pm, at Hilton Reykjavík Nordica, 2nd floor, Suðurlandsdbraut 2, 108 Reykjavík. As stated in an announcement on 24 March the Board of Directors has requested, under the circumstances, that shareholders do not attend the AGM, but rather cast their votes in a written manner before the meeting starts and to grant a power of attorney to vote on their behalf.Attachment2020 03 26 AGM Presentation_web

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Kvika banki hf.: Kynning forstjóra fyrir aðalfund

Meðfylgjandi er kynning á rekstri Kviku og ársreikningi 2019 sem forstjóri bankans, Marinó Örn Tryggvason, mun fara yfir á aðalfundi sem haldinn verður í dag, þann 26. mars 2020 kl. 16:30, á Hilton Reykjavík Nordica, 2. hæð, Suðurlandsbraut 2, 108 Reykjavík. Líkt og fram kom í tilkynningu þann 24. mars hefur stjórn bankans, í ljósi aðstæðna, beðið hluthafa að mæta ekki á fundinn heldur kjósa fyrirfram og skriflega um tillögur fundarins og veita umboð til að kjósa á fundinum fyrir sína hönd.Viðhengi2020 03 26 AGM Presentation_web

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Fyrstu aðgerðir Reykjavíkurborgar til viðspyrnu vegna Covid-19

Í dag er lögð fram í borgarráði tillaga að fyrstu aðgerðum Reykjavíkurborgar til viðspyrnu vegna Covid-19. Þær efnahagslegu þrengingar sem blasa við vegna heimsfaraldurs Covid-19 munu hafa umtalsverð áhrif á rekstur og afkomu Reykjavíkurborgar eins og annarra sveitarfélaga. Gera  má ráð fyrir að útsvarstekjur og aðrir mikilvægir tekjustofnar borgarinnar dragist saman í þeirri niðursveiflu sem er framundan. Á sama tíma er ljóst að Reykjavíkurborg eins og önnur sveitarfélög verða að standa við skyldur sínar gagnvart íbúum og þær geta orðið talsvert kostnaðarsamari en fyrirséð var í áætlunum sem samþykkt var í borgarstjórn í desember sl.Til grundvallar aðgerðaráætlun Reykjavíkurborgar liggur greining á mismunandi sviðsmyndum varðandi þróun efnahags- og atvinnumála og áhrif þeirra á fjármál og rekstur borgarinnar. Sviðsmyndagreiningin er...

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Park Street Nordicom A/S – Annual Report 2019

Copenhagen, 26 March 2020In 2019 Park Street Nordicom achieved EBVAT (earnings before value adjustments and tax) of DKK 83.2 million (2018: DKK 84.0 million). Profit after tax for 2019 is DKK 115.1 million against DKK 108.3 million in 2018. The improvement is mainly due to revaluation on investment properties and reduction of financial expenses. The Group Equity at 31st December 2019 is DKK 931.1 million compared to DKK 810.7 million as at 31 December 2018; the increase is caused by the profit of the period. The Group has acquired assets in 2019 at an acquisition price of DKK 103.9 million,The Board of Directors of Park Street Nordicom A/S today discussed and approved the Annual Report 2019, which contained the following:The period in outlineYearly result was a profit of DKK 115.1 million (2018: DKK 108.3 million).For 2019 Park Street...

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