Day: April 29, 2020
ALEXANDRIA, La., April 29, 2020 (GLOBE NEWSWIRE) — Red River Bancshares, Inc. (the “Company”), (Nasdaq: RRBI), the holding company for Red River Bank (the “Bank”), announced today its unaudited financial results for the first quarter of 2020 and provided an update on the Bank’s response to the outbreak of the novel coronavirus (“COVID-19”) pandemic and its participation in the Small Business Administration (“SBA”) Paycheck Protection Program (“PPP”).Net income for the first quarter of 2020 was $6.7 million, or $0.92 per diluted common share (“EPS”), which was consistent with $6.7 million, or $0.92 EPS, for the fourth quarter of 2019, and an increase of $1.0 million, or 18.4%, compared to $5.7 million, or $0.85 EPS, for the first quarter of 2019.COVID-19 Pandemic and the Paycheck...
Polarcus Appoints New Board Director
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The Annual General Meeting in Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) held on 29 April 2020 elected Mrs. Nina Tronstad as a board member of the Company, with a term of office expiring at the Company’s 2021 annual general meeting at which Mrs. Tronstad will be eligible for re-election.Mrs. Tronstad has held a series of successful senior executive roles in the oil and gas sector with Kvaerner, Aker Solutions and Equinor. She is a chemical engineer by profession. Mrs. Tronstad also sits on the board of directors of other entities including Norges Bank, GIEK and Prosafe.Following the AGM, the board of directors of Polarcus comprises the following members: Mr. Mike Mannering (Chairman), Mrs. Karen El-Tawil, Mr. Erik Mathiesen, Mr. Monish Sahni, Mrs. Nina Tronstad and Mr. Peter Zickerman. Short biographies on each director...
Polarcus Minutes From 2020 Annual General Meeting
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The Annual General Meeting of Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) was held today by way of a webcast meeting hosted from Dubai, U.A.E.The Annual General Meeting resolved to approve all matters as proposed in the Notice dated 14 April 2020.The minutes of the meeting are attached. ContactsCaleb Raywood, Company Secretary+971 4 4360 816caleb.raywood@polarcus.comHans-Peter Burlid, CFO+971 50 559 8175hp.burlid@polarcus.com About PolarcusThis information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.AttachmentPolarcus AGM Minutes 2020
Rapid7 Announces Pricing of $200 Million Convertible Senior Notes Offering
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BOSTON, April 29, 2020 (GLOBE NEWSWIRE) — Rapid7, Inc. (“Rapid7”) (Nasdaq: RPD) today announced the pricing of $200.0 million aggregate principal amount of 2.25% convertible senior notes due 2025 in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Rapid7 also granted the initial purchasers of the notes an option to purchase up to an additional $30.0 million aggregate principal amount of notes. The sale of the notes is expected to close on May 1, 2020, subject to customary closing conditions.The notes will be general unsecured obligations of Rapid7 and will accrue interest payable semiannually in arrears on May 1 and November 1 of each year, beginning on November 1, 2020, at a rate of 2.25% per year. The...
MamaMancini’s Announces Estimated Record Preliminary Revenues and Net Income for Fiscal First Quarter 2021
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Company Donates the Equivalent of 15,000 meals to Bridges Outreach, Inc. and GRACE to Support Local Community Affected by COVID-19EAST RUTHERFORD, NJ, April 29, 2020 (GLOBE NEWSWIRE) — MamaMancini’s Holdings, Inc. (OTCQB: MMMB) (“MamaMancini’s” or the “Company”), a marketer of specialty pre-prepared, frozen and refrigerated food products, has provided preliminary estimated financial results for the fiscal first quarter ended April 30, 2020.The Company expects estimated revenues to increase at least 45% to a record $10.7 million, compared to $7.4 million in the same year-ago quarter. MamaMancini’s also expects estimated record net income for the fiscal first quarter 2021. Final recognized revenue and net income is subject to MamaMancini’s quarterly SEC accounting review and annual audit which may change these financial...
KEMET Provides Regulatory Update for Pending Acquisition by Yageo Corporation
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FORT LAUDERDALE, Fla., April 29, 2020 (GLOBE NEWSWIRE) — KEMET Corporation (“KEMET”) (NYSE: KEM) today announced that, in connection with the pending acquisition of KEMET by Yageo Corporation (“Yageo”) (TAIEX: 2327), the parties received a notice from the Anti-Monopoly Bureau of the State Administration for Market Regulation in China (SAMR) of its unconditional approval of the pending acquisition of KEMET by Yageo under the Anti-Monopoly Law of China.The remaining required regulatory approval to consummate the transaction is approval from the Investment Commission, Ministry of Economic Affairs in Taiwan. The parties’ submission was recently filed, and reviews typically take up to approximately 90 days to complete.About KEMETKEMET’s common stock is listed on the NYSE under the ticker symbol “KEM” (NYSE: KEM). At the Investor Relations...
Rautelle paikallinen sopimus työaikajoustoista – tuotannon lomautukset päättyvät
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RAUTE OYJ SIJOITTAJAUUTINEN 29.4.2020 klo 15.15Rautessa on tänään päästy tuotannon työntekijöiden kanssa paikalliseen sopimukseen maksimissaan 80 tunnin työaikajoustojen käyttöön ottamisesta. Sopimus on voimassa vuoden. Lisäksi on sovittu siitä, että teknologiapalveluiden toimihenkilöitä voidaan siirtää tehtaalle töihin, kun huollon töitä ei matkustus- tai muiden koronaviruspandemian aiheuttamien rajoitusten takia voida tehdä.Samassa yhteydessä sovittiin, että edellä mainittujen sopimusten tullessa voimaan 22.8.2019 tiedotetut tuotannon työntekijöiden lomautukset päättyvät 30.4.2020. Lomautukset voidaan päättää, koska tilauskanta varmistaa tehtaan työllisyyden ainakin vuoden 2020 loppuun. Tilauskannan suuruudesta huolimatta mahdolliset komponenttien tai materiaalien saatavuusongelmat voivat aiheuttaa tarvetta sopeutuksille, mutta sellaisten...
Local agreement concluded at Raute concerning flexibility of working hours – temporary layoffs in production terminated
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RAUTE CORPORATION INVESTOR NEWS 29 April 2020 at 3:15 p.m.LOCAL AGREEMENT CONCLUDED AT RAUTE CONCERNING FLEXIBILITY OF WORKING HOURS – TEMPORARY LAYOFFS IN PRODUCTION TERMINATED Raute has today concluded a local agreement with the blue collar workers at the plant concerning implementation of at most 80 hours’ flexibility in working hours. The agreement is valid for one year. Additionally has been agreed that white collar employees working in Technology services can be transferred to work in the production while the maintenance work cannot be done because of the travelling and other restrictions caused by the Covid -19 pandemic.It was also agreed that simultaneously with the above-mentioned agreements coming into force, the temporary layoffs in the production, announced on August 22, 2019, will be terminated on April 30, 2020. The good...
Block listing Interim Review
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Date: 29 April 2020
Sun Communities, Inc. Announces Upsizing and Pricing of Public Offering of Common Stock
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Southfield, Michigan, April 29, 2020 (GLOBE NEWSWIRE) — Sun Communities, Inc. (NYSE:SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates or has an interest in manufactured housing and recreational vehicle communities, today announced the pricing of an underwritten public offering of 4,320,000 shares of its common stock. The offering was upsized from 3,600,000 to 4,320,000 shares. As part of the offering, the Company granted the underwriters a 30-day option to purchase up to an additional 648,000 shares of its common stock. The offering is expected to close on Friday, May 1, 2020, subject to customary closing conditions.The Company intends to use the net proceeds of the offering to repay borrowings outstanding under the revolving loan under its senior credit facility, to fund possible future acquisitions...