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Day: May 12, 2020

Femern-forbindelsen sættes i gang

Som konsortiemedlem i Femern Link Contractors har Aarsleff i dag modtaget besked om, at byggeriet af Femern-forbindelsen sættes i gang med start 1. januar 2021.Tilbage i 2016 indgik Femern Link Contractors betingede kontrakter på tre af de fire store tunnelkontrakter på Femern-forbindelsen.Kontrakterne omfatter etablering af portalbygværker, ramper, betalingsanlæg og broer på både den danske og tyske side samt udførelse og placering af de tunnelelementer, som den 18 kilometer lange sænketunnel skal bestå af. De tre kontrakter er: Anlæg af den nordlige del af sænketunnelenAnlæg af den sydlige del af sænketunnelenAnlæg af insitu-tunnel, portaler og ramper. På denne kontrakt er Aarsleff pennefører. Den samlede kontraktsum er på 3,4 milliarder euro, heraf udgør Aarsleffs andel 0,5 milliarder euro. (Beløbene er 2015-priser).Per Aarsleff Holding...

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Convening Notice for Annual General Meeting of Shareholders

Convening Notice for Annual General Meeting of ShareholdersMILLICOM INTERNATIONAL CELLULAR S.A.Registered Address: 2, Rue du Fort BourbonL-1249 Luxembourg, Grand-Duchy of Luxembourg– R.C.S. Luxembourg: B 40.630 –I.  NOTICEThe annual general meeting (“AGM”) of the shareholders of MILLICOM INTERNATIONAL CELLULAR S.A. (“Millicom” or the “Company”) is hereby convened to be held virtually (i.e. without a physical presence) on Thursday, June 25, 2020 at 2:00pm Central European Time (“CET“).The Company is closely monitoring the developments regarding the Coronavirus, COVID-19 and related instructions from the Luxembourg Ministry of Health and other competent authorities in and outside of Luxembourg. Due to these exceptional circumstances, Millicom is taking precautionary measures to limit the exposure for its employees, shareholders...

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Confirmation of Capital Reduction

Today, the High Court has approved a reduction of TORM plc’s share premium account by USD 900m (the “Capital Reduction”) under section 648 of the Companies Act 2006. The Capital Reduction was approved by TORM’s shareholders at the Annual General Meeting held on 15 April 2020.The Capital Reduction will not reduce the underlying net assets of the Company but increase the distributable reserves by USD 900m and thereby provide the Company with additional flexibility to undertake future share buybacks or dividend payments, should circumstances make this desirable.Once the formal order of the Court is received, it will be submitted to the Registrar of Companies, and accordingly take effect on registration of the order and statement of capital. Due to the impact of the COVID-19, the Registrar of Companies is unable to register the...

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Kapitalnedsættelse godkendt

Den engelske High Court har i dag godkendt nedsættelsen af TORM plc’s konto for overkurs ved emission med USD 900 mio. (“Kapitalnedsættelsen”) i henhold til afsnit 648 i Companies Act 2006. Kapitalnedsættelsen blev godkendt på TORMs ordinære generalforsamling den 15. april 2020.Kapitalnedsættelsen medfører ikke en reduktion af Selskabets underliggende nettoaktiver, men en forøgelse af de frie reserver med USD 900 mio., og giver således Selskabet større fleksibilitet til at foretage aktietilbagekøb eller udbetale udbytte i fremtiden, hvis det viser sig hensigtsmæssigt omstændighederne taget i betragtning.Ved modtagelse af domstolens formelle godkendelse, vil den blive anmeldt til den engelske myndighed Registrar of Companies og træde i kraft, når beslutningen og kapitalopgørelsen er registreret. Som følge af restriktioner grundet COVID-19...

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Star Bulk Announces Results of Its 2020 Annual Meeting of Shareholders

ATHENS, Greece, May 12, 2020 (GLOBE NEWSWIRE) — Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK, Oslo: SBLK), announced that the Company’s Annual Meeting of Shareholders was duly held today in Cyprus pursuant to a Notice of Annual Meeting of Shareholders dated April 17, 2020 (“the Notice”).At the meeting, each of the following proposals, which are set forth in more detail in the Notice and the Company’s Proxy statement were approved and adopted :The re-election of Messrs. Mahesh Balakrishnan and Nikolaos Karellis and the election of Mrs. Eleni Vrettou and Ms. Katherine Ralph, all as Class A directorsThe delisting of the Company’s common shares, par value $0.01 per share, from trading on the OSLO BORS under the ticker symbol SBLK The appointment of DELOITTE CERTIFIED PUBLIC ACCOUNTANTS...

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American Pacific Mining Announces Increase to Non-Brokered Private Placement

VANCOUVER, British Columbia, May 12, 2020 (GLOBE NEWSWIRE) — American Pacific Mining Corp (CSE: USGD / FWB: 1QC / OTCPK: USGDD) (“APM” or the “Company”) is pleased to announce that, further to its news release of May 11, 2020, it wishes to increase its private placement (the “Private Placement”) from 4,000,000 units (the “Units”) at CAD$0.125 per Unit to up to 8,000,000 Units at CAD$0.125 per Unit for total gross proceeds of CAD$1,000,000.Each Unit will be comprised of one common share (the “Shares”) and one common share purchase warrant (the “Warrants”) with each Warrant entitling the holder to purchase one Share of the Company at a price of CAD$0.20 per Share for a period of 18 months from the date of closing of the Private Placement.All securities issued will be subject to a four month hold period pursuant to securities laws...

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Park Street Nordicom A/S – Disposal of office property in Copenhagen

Park Street Nordicom A/S has today, Tuesday 12 May 2020, concluded an agreement to sell its property located at Langebrogade, 5, Copenhagen to a Danish institution seeking to use the premises as its domicile. This sale is concluded at a higher valuation than the book value of the asset and will generate a positive contribution of over DKK 30m to the company’s EBVAT for the year 2020. The company is expected to use the net proceeds from the sale to retire the short term facility on its books. There is no specific guidance for EBVAT for the year 2020 in view of the significant ongoing market uncertainties.Copenhagen,Andrew La Trobe             Pradeep PattemChairman                             CEOFurther informationFor further information please contact Pradeep Pattem, CEO at nordicom@nordicom.dkCompany Website: www.psnas.com / www.nordicom.dkTelephone...

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High Arctic to Announce First Quarter Results

CALGARY, Alberta, May 12, 2020 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) (the “Corporation” or “High Arctic”) will release its first quarter results on Thursday May 14, 2020 after markets close.Financial statements and Management’s Discussion and Analysis will be posted to www.haes.ca and SEDAR after the results are released, after market, Thursday May 14, 2020. Note that no conference call is scheduled for this quarter. About High ArcticHigh Arctic is a publicly traded company listed on the Toronto Stock Exchange under the symbol “HWO”. The Corporation’s principal focus is to provide drilling and specialized well completion services, equipment rentals and other services to the oil and gas industry.High Arctic is a market leader providing drilling and specialized well completion services and supplies rig matting,...

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