Day: April 9, 2020

Perioden januari – marsResultatet efter skatt uppgick till -662 (112) Mkr, vilket fördelar sig på:Aktiva innehav, noterade -318 (29) MkrAktiva innehav, onoterade -12 (0) MkrFinansiella placeringar -330 (85) MkrResultat per aktie uppgick till -44,78 (7,58) krSubstansvärdet per aktie uppgick till 158 (203) krSubstansvärdet per aktie minskade med 22 (4) procentAvkastningen på aktiva noterade innehav -29 procentOmvärdering av onoterade innehav baseras endast på allmänt lägre värderingsnivåer och förväntad lägre ekonomisk aktivitet och högre riskpremierNegativ värdeutveckling på räntebärande placeringar hänförligt till en svagt fungerande obligationsmarknad med extremt låg likviditetVärdelös utveckling på övriga noterade aktier starkt påverkat av ett kraftigt oljeprisfallRäntebärande tillgångar uppgår till 1,2 Mdr varav drygt 50 % i...

Period January – MarchProfit after taxes amounted to MSEK −662 (112), distributed as follows:Active holdings, listed −318 (29)Active holdings, unlisted −12 (0)Financial investments −330 (85)Earnings per share amounted to SEK −44,78 (7.58).The net asset value per share amounted to SEK 158 (203).The net asset value per share decreased by 22 (4) percent.The return on active listed holdings was −29 percent.Revaluation of unlisted holdings is based solely on generally lower valuation levels and expected lower level of economic activity and higher risk premiums.Negative value development on interest-bearing investments attributable to a weakly functioning bond market with an extremely low level of liquidity.Worthless development on other listed shares, strongly affected by a sharp fall in oil prices.Interest-bearing assets amount to MSEK...

Comments by fund manager, Viljar Arakas:March was the month of the transition from the normal economic environment to the crisis management phase. Significant restrictions by Baltic governments, incl. restrictions on the freedom of movement in shopping centers, was made in mid-March, which divided the month into two – the business as usual first two weeks, followed by two weeks of crisis. April will be the central month of the crisis, and May will hopefully be the month of lifting the previously established restrictions during the crisis and ending the state of an emergency. It will however take several months after the end of the medical crisis to restore the consumer confidence.Cash flow management is the main objective in portfolio management during the crisis. We have started negotiations with the banks to apply the temporary...

Fondijuht Viljar Arakas’e kommentaarMärts oli tavapärasest ärikeskkonnast kriisijuhtimise faasi ülemineku kuu. Olulised riiklikud liikumispiirangud, sh kaubanduskeskustes, langetati märtsi keskel, mis jagas kuu kaheks – tavapärased esimesed kaks nädalat, millele järgnesid kaks kriisinädalat. Aprill kujuneb kriisi keskseks kuuks ning mai loodetavasti kriisi aegsetest liikumispiirangutest väljumise kuuks. Tarbijakindluse taastumine võtab mitmeid kuid peale meditsiinilise kriisi lõppu.Portfelli juhtimises kriisi ajal on esmatähtis rahavoogude juhtimine. Oleme pöördunud projekte finantseerivate pankade poole ja taotlenud ajutisi (minimaalselt 3 kuud, pigem 6 kuud) põhiosamakse puhkuseid. Kuna EfTEN Real Estate Fund III tavapärane pangalaenude põhiosade tagasimakse on olnud keskmiselt 230 tuhat eurot kuus (30% fondi igakuisest üüritulust),...

ProVen Growth and Income VCT plc Correction Re Issue of Equity Announcement8 April 2020Please note that the announcement below replaces the issue of equity announcement released on 5 March 2020. The Company issued 3,539,729 Ordinary Shares (and not 3,543,613 Ordinary Shares as originally announced). As stated, the correct figure (for the issued share capital and the denominator for the purposes of the total voting rights of the Company) on publication of the announcement should have been 203,676,960 (and not 203,680,844 as originally announced).  The stated average price for the shares allotted on 5 March 2020 is unaffected. The Company confirms that no changes are needed to its “Issue of equity” announcement dated 3 April 2020.ProVen Growth and Income VCT plc  The Directors of ProVen Growth and Income VCT plc announce an allotment...

ProVen Growth and Income VCT plc8 April 2020Please note that the announcement below replaces the Total Voting Rights announcement released on 1 April 2020. On publication of the announcement, the issued share capital of the Company was 203,565,690 Ordinary Shares (and not 203,569,574) and likewise the denominator for the purposes of the total voting rights of the Company was 203,565,690 (and not 203,569,574 as originally announced).   ProVen Growth and Income VCT plcTotal Voting RightsThe Company does not hold any shares in treasury. Beringea LLPCompany SecretaryTelephone 020 7845 7820– End

Papendrecht, 9 April 2020Royal Boskalis Westminster N.V. (Boskalis) announces the acquisition of maritime emergency response specialist Ardent Americas LLC (Ardent Americas). Ardent Americas is a leading player under the Oil Pollution Act of 1990 (OPA90) for the provision of marine emergency response services in the United States (US).Under the OPA90 program there is a statutory requirement from the United States Coast Guard that shipowners trading in US waters must have an agreement in place with approved emergency response companies for the provision of salvage and marine firefighting services. Ardent Americas OPA90 program covers approximately 500 shipowners encompassing over 4,000 vessels.Ardent Americas was established in 2015 following the merger of Svitzer Salvage and Titan Salvage, operates from Houston and Fort Lauderdale in...

Papendrecht, 9 april 2020Koninklijke Boskalis Westminster N.V. (Boskalis) kondigt de overname aan van maritieme emergency response specialist Ardent Americas LLC (Ardent Americas). Ardent Americas is een leidende speler onder de Oil Pollution Act uit 1990 (OPA90) voor het verlenen van maritieme emergency response diensten in de Verenigde Staten (VS).In het kader van het OPA90-programma verplicht de Amerikaanse kustwacht reders die in Amerikaanse wateren actief zijn een contract af te sluiten met erkende bergingsbedrijven voor het leveren van bergings- en brandbestrijdingsdiensten. Het OPA90-programma van Ardent Americas omvat ongeveer 500 reders en meer dan 4.000 schepen.Ardent Americas is in 2015 ontstaan ​​na de fusie van Svitzer Salvage en Titan Salvage, opereert vanuit Houston en Fort Lauderdale in de VS en was een dochteronderneming...

Share Buyback Transaction Details April 2 – 8, 2020April 9, 2020 – Wolters Kluwer today reports that it has repurchased 138,500 of its own ordinary shares in the period from April 2, 2020, up to and including April 8, 2020, for €8.6 million and at an average share price of €62.16.These repurchases are part of the share buyback program announced on February 26, 2020, under which we intend to repurchase shares for up to €350 million during 2020.The cumulative amounts repurchased to date under this program are as follows:Share Buyback 2020For the period starting February 28, 2020, up to and including April 30, 2020, we have engaged a third party to execute €75 million of buybacks on our behalf, within the limits of relevant laws and regulations (in particular Regulation (EU) 596/2014) and the company’s Articles of Association.Repurchased...

Selskabsmeddelelse nr. 5-2019/209. april 2020InterMail har i 1. halvår 2019/20 realiseret sine finansielle forventninger til trods for Coronavirus COVID-19 udbruddet. Desuden har InterMail tilpasset virksomheden både strukturelt og medarbejdermæssigt, med henblik på fortsat realisering af strategiplanen InterMail2023. I forlængelse heraf har InterMail indgået aftale omkring udvidelse af den nuværende kreditfacilitet hos selskabets bank for at imødegå effekterne af Coronavirus COVID-19 udbruddet.I forlængelse af ovenstående er InterMail gået i gang med at vurdere potentielle strukturelle løsninger med henblik på at styrke forretningsgrundlaget og kapitalstrukturen.Som angivet i selskabsmeddelelse nr. 4 2019/20 har Coronavirus COVID-19 udbruddet påvirket købsadfærden hos virksomheder og forbrugere, og dermed også de kommunikationsopgaver...