Day: May 15, 2020

Net asset value (NAV) of Baltic Horizon Fund (the Fund) unit as at end of April 2020 amounted to 1.3366 EUR per unit. Compared to the previous month, NAV decreased by -0.64%. The NAV decrease was mainly affected by a declared dividend of EUR 1.70 million recognized in April 2020 and a negative cash flow hedge reserve movement during the month. Eliminating dividend distribution effect to NAV, the NAV increase from operating performance and negative cash flow hedge reserve movement during the month would have been +0.48% compared to the previous month. EPRA NAV as at the end of April 2020 decreased to 1.4268 EUR per unit, corresponding a decrease of -0.56% over the last month. The Fund earned an unaudited consolidated net profit of EUR 734 thousand in April 2020.Northern Horizon Capital AS as the management company of Baltic Horizon Fund...

Baltic Horizon Fondi (Fond) osaku puhasväärtus (NAV) 2020. aasta aprilli lõpu seisuga on 1,3366 eurot osaku kohta. Fondi osaku puhasväärtuse muutus võrreldes eelneva kuu lõpu seisuga on -0,64%. Fondi puhasväärtuse vähenemine tulenes seoses aprillis osakuomanikele rahalise väljamaksete arvesse võtmisega summas ligikaudu 1,70 miljonit eurot ja negatiivsest muutusest rahavoogude riskimaandamisinstrumendi reservis. Arvestamata väljamaksete mõju Fondi puhasväärtusele, oleks renditegevusest teenitud rahavoog ja negatiivne muutus rahavoogude riskimaandamisinstrumendi reservis mõjutanud puhasväärtust +0,48% võrra võrreldes eelmise kuuga. EPRA NAV vähenes 2020. aasta aprilli lõpu seisuga 1,4268 euroni osaku kohta, mis tähendab -0,56% langust viimase kuuga. Fond teenis 2020. aasta aprillis auditeerimata konsolideeritud puhaskasumit 734 tuhat eurot.Northern...

Net asset value (NAV) of Baltic Horizon Fund (the Fund) unit as at end of April 2020 amounted to 1.3366 EUR per unit. Compared to the previous month, NAV decreased by -0.64%. The NAV decrease was mainly affected by a declared dividend of EUR 1.70 million recognized in April 2020 and a negative cash flow hedge reserve movement during the month. Eliminating dividend distribution effect to NAV, the NAV increase from operating performance and negative cash flow hedge reserve movement during the month would have been +0.48% compared to the previous month. EPRA NAV as at the end of April 2020 decreased to 1.4268 EUR per unit, corresponding a decrease of -0.56% over the last month. The Fund earned an unaudited consolidated net profit of EUR 734 thousand in April 2020.Northern Horizon Capital AS as the management company of Baltic Horizon Fund...

International rating agency S&P Global Ratings has affirmed Iceland’s sovereign ratings at A/A-1 with a stable outlook. The rating agency assumes that Iceland´s economy will contract by 7.5% in 2020, reflecting Covid-19´s significant blow to the tourism sector. Iceland´s modest net general government debt enables a comfortable response to the Covid-19 fallout and economic downturn.The stable outlook reflects strong fiscal and balance of payment buffers, that leaves room for policy response over the next two years, capturing that the economy remains exposed to high Covid-19 related risks. Stable institutional framework and effective policymaking supports the ratings.According to S&P, the agency could raise the ratings if the fiscal performance and external position strengthen significantly beyond current projections. A quicker...

 Alþjóðlega matsfyrirtækið S&P Global Ratings hefur staðfest A/A-1 lánshæfiseinkunnir ríkissjóðs Íslands með stöðugum horfum. S&P reiknar með neikvæðum hagvexti um 7,5% á yfirstandandi ári vegna verulegra neikvæðra áhrifa Covid-19 á ferðaþjónustu. Hógvær nettó skuldastaða hins opinbera veitir þó viðspyrnu við því áfalli sem kórónufaraldurinn hefur á íslenskt efnahagslíf.Stöðugar horfur endurspegla viðnámsþrótt hagkerfisins bæði á sviði ríkisfjármála sem og í ytri stöðu þjóðarbúsins, og veitir svigrúm til að takast á við áfallið vegna Covid-19 á næstu árum, og þær áhættur sem því fylgja.  Sterk stofnanaumgjörð og skilvirk stefnumótun styður við lánshæfiseinkunnir ríkissjóðs.Fram kemur í fréttatilkynningu S&P að lánshæfismat ríkissjóðs gæti hækkað ef staða opinberra fjármála og erlend staða þjóðarbúsins styrkist verulega...

TORONTO, May 15, 2020 (GLOBE NEWSWIRE) — Jamieson Wellness Inc. (“Jamieson Wellness” or the “Company”) (TSX:JWEL) today announced that, further to the Company’s press release dated May 12, 2020, its Board of Directors has approved additional amendments to the Company’s long-term incentive plan (the “LTIP”), having further considered the voting recommendation made by Institutional Shareholder Services Inc. to its subscribers.The amendments restrict the maximum number of the Company’s shares that may be subject to awards under the LTIP, being 10% of the issued shares outstanding from time to time, by including in such determination awards granted under all equity compensation plans of the Company. The LTIP, the employee share purchase plan, and the Company’s legacy option plan comprise all of the Company’s equity compensation plans.An...

PITTSBURGH, May 15, 2020 (GLOBE NEWSWIRE) — GNC Holdings, Inc. (NYSE: GNC), a global health and wellness brand that helps people live well, announced today that it has reached an agreement with required lender groups to extend the springing maturity dates for certain loans.   As previously disclosed, GNC’s Tranche B-2 term loan, FILO term loan and revolving credit facility feature springing maturities that, prior to today’s amendments, were to become due on May 16, 2020 if certain conditions were not satisfied. Due to COVID-19 related impacts on its business, the Company expected it would not be able to reduce the amount outstanding under the convertible notes to less than $50 million by May 16, a requirement to avoid the springing maturity.As a result of discussions with its lenders, GNC entered into amendments to its loan agreements...

COS COB, Conn., May 15, 2020 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE, CSSEP), one of the largest operators of streaming advertising-supported, video-on-demand (AVOD) networks, today announced the timing for the payment of its declared regular monthly dividend of $0.2031 per share of its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock for June 2020. The dividend will be payable on June 15, 2020 to holders of record as of May 31, 2020. The dividend will be paid in cash.ABOUT CHICKEN SOUP FOR THE SOUL ENTERTAINMENTChicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE) (the “Company”) operates streaming video-on-demand networks (VOD). The Company owns a majority stake in Crackle Plus, a company formed with Sony Pictures Television, which owns and operates a variety of ad-supported...

HOUSTON, May 15, 2020 (GLOBE NEWSWIRE) — Dril-Quip, Inc. (NYSE: DRQ) today announced the promotions of Jeffrey J. Bird to President and Chief Operating Officer and Raj Kumar to Vice President and Chief Financial Officer, effective as of May 14, 2020. These new roles will complement the leadership of Blake DeBerry as Chief Executive Officer.“I am happy to announce these promotions of both Jeff and Raj as we lead Dril-Quip through our current transformation efforts to further streamline our operations and position the Company for continued success,” said Dril-Quip’s Chief Executive Officer Blake DeBerry. “Since joining the Company in 2017, Jeff has made significant contributions to the Company’s success, including our global business transformation that we undertook in 2018-2019 and strategy changes in our manufacturing operations,...