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Day: May 19, 2020

Fluidra’s Annual General Meeting approves the 2019 annual accounts, with all stated objectives met

• In the first full year following the merger with Zodiac, Fluidra sees a 3.9% increase in turnover and a 10.3% rise in EBITDA.• Shareholders at the AGM ratified the appointment of Esther Berrozpe and Brian McDonald as members of the Board of Directors.May 19, 2020 – Fluidra’s 2019 annual accounts, which cover the first full year since the merger with Zodiac, were approved at the Annual General Meeting. The world leader in the pool and wellness equipment sector ended the 2019 fiscal year meeting all of the targets announced to the market in terms of growth, profit and debt.Fluidra reported a 3.9% increase in turnover to €1,368 million and a 10.3% increase in EBITDA to €244 million for the year. The company earned €62 million in proforma net profit and reduced net debt from 3.3x EBITDA to 2.6x, thanks to strong cash generation capacity.In...

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Clearway Energy Operating LLC, a Subsidiary of Clearway Energy, Inc., Announces Proposed Offering of $200 Million of Additional “Green Bond” Senior Notes Due 2028

PRINCETON, N.J., May 19, 2020 (GLOBE NEWSWIRE) — Clearway Energy Operating LLC (“Clearway Operating”), a subsidiary of Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Clearway Energy”), intends to commence an offering of $200 million in aggregate principal amount of its 4.750% Senior Notes due 2028 (the “Additional Notes”). The Additional Notes are being offered as an additional issue of Clearway Operating’s existing $600 million aggregate principal amount of 4.750% Senior Notes due 2028 that Clearway Operating issued on December 11, 2019 (the “Initial Notes”). The Additional Notes will be issued under the same indenture as the Initial Notes, will be treated as a single class of debt securities with the Initial Notes and will have the same terms, other than the issue date and offering price. Like the Initial Notes, the Additional Notes...

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36Kr Holdings Inc. to Report First Quarter 2020 Financial Results on Tuesday, May 26, 2020

– Earnings Call Scheduled for 8:00 a.m. ET on May 26, 2020 –BEIJING, May 19, 2020 (GLOBE NEWSWIRE) — 36Kr Holdings Inc. (“36Kr” or the “Company” or “We”) (NASDAQ: KRKR), a prominent brand and a pioneering platform dedicated to serving New Economy participants in China, today announced that it will report its first quarter 2020 unaudited financial results, on Tuesday, May 26, 2020, before the open of U.S. markets.The Company’s management will host an earnings conference call at 8:00 AM U.S. Eastern Time on May 26, 2020 (8:00 PM Beijing/Hong Kong Time on May 26, 2020). Details for the conference call are as follows:All participants must use the link provided above to complete the online registration process at least 20 minutes in advance of the conference call. Upon registering, each participant will receive a set of participant...

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Board Committee Changes

ROYAL DUTCH SHELL PLCBoard Committee ChangesRoyal Dutch Shell plc (the “Company”) announces the following:AUDIT COMMITTEEOn May 19, 2020 Dick Boer and Martina Hund-Mejean were appointed by shareholders as Non-executive Directors of the Company, with effect of May 20, 2020. They will both become members of the Audit Committee as at the same date.REMUNERATION COMMITTEEEuleen Goh, a Non-executive Director of the Company, has been appointed as a member of the Remuneration Committee.  Sir Nigel Sheinwald, a Non-executive Director of the Company, will stand down as a member of the Remuneration Committee. Both of these changes are with effect from May 20, 2020.NOMINATION AND SUCCESSION COMMITTEESir Nigel Sheinwald has been appointed to the Nomination and Succession Committee, with effect from May 20, 2020. On May 19, 2020 Andrew Mackenzie...

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Global Dividend Growers Income Fund Announces Normal Course Issuer Bid

CALGARY, Alberta, May 19, 2020 (GLOBE NEWSWIRE) — Global Dividend Growers Income Fund (the “Fund”) (TSX: GDG.UN) announced that it has filed a notice with the Toronto Stock Exchange (the “TSX”) and received its approval to make a normal course issuer bid (“NCIB”). Purchases pursuant to the NCIB will be made in the open market through the facilities of the TSX.  This NCIB will commence on May 25, 2020 and will terminate on May 24, 2021.  In accordance with the Declaration of Trust by which the Fund is governed, market purchases pursuant to its NCIB may be effected by the Fund.The Fund had 4,672,524 units issued and outstanding as at May 11, 2020.  The Fund may, during the 12 month period commencing May 25, 2020 purchase on the TSX up to 467,002 units, being 10% of the public float and may not, in any 30 day period, purchase more...

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Virtu Financial Agrees to Sell MATCHNow Marketplace to Cboe Global Markets

NEW YORK, May 19, 2020 (GLOBE NEWSWIRE) — Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to its clients and liquidity to the global markets, announced today it has entered into a definitive agreement to sell MATCHNow to Cboe Global Markets. MATCHNow, an alternative trading system, is the premier provider of dark liquidity in the Canadian equities market. MATCHNow has consistently excelled in service and performance for its core client base, the Canadian dealer community, driven by a best-in-class team and a commitment to understanding the Canadian trader.Ian Williams, Chief Executive Officer of Virtu Canada, remarked, “The management team of MATCHNow has done an extraordinary job over the...

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MINT Income Fund Announces Normal Course Issuer Bid

CALGARY, Alberta, May 19, 2020 (GLOBE NEWSWIRE) — MINT Income Fund (the “Fund”) (TSX: MID.UN) announced that it has filed a notice with the Toronto Stock Exchange (the “TSX”) and received its approval to make a normal course issuer bid (“NCIB”).  Purchases pursuant to the NCIB will be made in the open market through the facilities of the TSX.  This NCIB will commence on May 25, 2020 and will terminate on May 24, 2021.  In accordance with the Declaration of Trust by which the Fund is governed, market purchases pursuant to its NCIB may be effected by the Fund.The Fund had 15,292,107 units issued and outstanding as at May 11, 2020.  The Fund may, during the 12 month period commencing May 25, 2020 purchase on the TSX up to 1,519,758 units, being 10% of the public float and may not, in any 30 day period, purchase more than 305,842 units,...

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Erdene Provides Bayan Khundii Gold Project and First Quarter Financial Update

HALIFAX, Nova Scotia, May 19, 2020 (GLOBE NEWSWIRE) — Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) (“Erdene” or the “Company”) announces operating and financial results for the three months ended March 31, 2020, and provides an update on the Company’s Bayan Khundii Gold Project, including impacts of the novel coronavirus (COVID-19). This release should be read in conjunction with the Company’s Q1-2020 Financial Statements, MD&A and Annual Information Form, available on the Company’s website or SEDAR.Quotes from the Company:“We continue to make significant progress on our Bayan Khundii Gold Project Bankable Feasibility Study (“BFS”) and Environmental and Social Impact Assessment (“ESIA”), with delivery expected in mid-2020,” said Peter Akerley, Erdene’s President and CEO. “These studies...

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12 Exploration and 79North Announce Upsized Offering and Execution of Definitive Agreement

Not for distribution to United States newswire services or for release publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States.TORONTO, May 19, 2020 (GLOBE NEWSWIRE) — 12 Exploration Inc. (CSE: TWLV) (“12Ex”) and 79North Ltd. (“79North”) announce that, as a result of high demand, they have increased the size of the previously announced non-brokered private placement (the “Offering”) of subscription receipts of each of 79North and 12Ex (together, the “Subscription Receipts”) to raise targeted aggregate gross proceeds of approximately C$4,000,000. Other terms of the Offering remain unchanged from those disclosed in the April 30, 2020 news release.79North is led by a team with deep mineral exploration expertise and a track record of discoveries and exits in South America and...

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Genocea Announces Material Transfer and License Option Agreement with Shionogi for Proprietary GEN-003 HSV-2 Antigens

CAMBRIDGE, Mass., May 19, 2020 (GLOBE NEWSWIRE) — Genocea Biosciences, Inc. (NASDAQ: GNCA), a biopharmaceutical company developing next-generation neoantigen immunotherapies, today announced it has entered into a material transfer agreement (MTA) and exclusive license option with Shionogi & Co., Ltd. to develop a novel HSV-2 vaccine using Genocea’s proprietary HSV-2 antigens from the GEN-003 program, which the company discontinued in 2017. Under the terms of the agreement, Shionogi will pay $2 million for the exclusive option to evaluate the HSV-2 antigens and to negotiate a license prior to expiration of the MTA. Upon exercise of Shionogi’s option, terms of the license are expected to include an upfront payment, regulatory and sales milestones, as well as tiered royalties. Final terms of the license agreement will be based...

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