Month: May 2020

See attachmentAttachmentVidskipti-fruminnherja-29.5.2020 DB

As informed in a public announcement on March 4th 2020, Iceland Seafood International hf (“Iceland Seafood”) entered into a share purchase agreement with the management of Havelok to acquire 33% minority share in Havelok.  As announced, the consideration was to be paid half with cash payment and half with 24.663.637 new shares in Iceland Seafood.  The process of issuing the new shares has now been completed and the total of 24.663.637 new shares in Iceland Seafood have been issued and delivered to the sellers.  The share issuance is done in accordance with article 4(3) of the Company’s Articles of Association, shareholders do not have preemptive rights to subscribe to the new shares.  Total issued share capital in Iceland Seafood is now 2.586.008.571.

Amendments to loan facility agreements signed by AS Tallink Grupp and all its lending banks whereby loan principal repayments in the amount of 61mEUR for the year 2020 are deferred and added to the last payment of each respective loan facility came into force today. The loans’ final maturities and interest margins remained unchanged. Request for waivers of loan covenants were also approved.The repayment rescheduling improves significantly Tallink’s liquidity position and gives more flexibility for Tallink to maintain sufficient working capital in challenging economic environment.Veiko HaavapuuFinancial DirectorAS Tallink GruppSadama 510111 Tallinn, EstoniaE-mail veiko.haavapuu@tallink.ee

AS-i Tallink Grupp ja tema laenuandjate pankade poolt allkirjastatud laenulepingute muudatused jõustusid täna, muudatuste kohaselt lükatakse edasi laenude 2020. aasta põhiosa tagasimaksed kokku summas 61 miljonit eurot ja liidetakse iga vastava laenu viimasele maksele. Laenude lõpptähtajad ja intressimarginaalid ei muutunud. Samuti kiideti heaks laenude eritingimuste muudatuste taotlused.Tagasimaksegraafikute muudatus parandab oluliselt Tallinki likviidsuspositsiooni ja annab Tallinkile suurema paindlikkuse, et säilitada keerulises majanduskeskkonnas piisav käibekapital.Veiko HaavapuuFinantsdirektorAS Tallink GruppSadama 510111 Tallinn, EstoniaE-mail veiko.haavapuu@tallink.ee

Amendments to loan facility agreements signed by AS Tallink Grupp and all its lending banks whereby loan principal repayments in the amount of 61mEUR for the year 2020 are deferred and added to the last payment of each respective loan facility came into force today. The loans’ final maturities and interest margins remained unchanged. Request for waivers of loan covenants were also approved.The repayment rescheduling improves significantly Tallink’s liquidity position and gives more flexibility for Tallink to maintain sufficient working capital in challenging economic environment. Veiko HaavapuuFinancial DirectorAS Tallink GruppSadama 510111 Tallinn, EstoniaE-mail veiko.haavapuu@tallink.ee

PRESS RELEASE 29 MAY 2020Italeaf: corporate events calendar updateItaleaf SpA, holding company and first Italian company builder active in the cleantech and smart innovation sectors, listed on the NASDAQ First North Growth Market of the Stockholm Stock Exchange, announces that the Board of Directors) met today, resolved to postpone the approval of the draft financial statements and consolidated financial statements for 2019 to a date to be determined at a subsequent meeting.The decision was taken in reason:      a)     of the resolution taken on 21 April 2020 by the Board of Directors of the subsidiary algoWatt S.p.A. (formerly TerniEnergia), main asset of the holding company, to postpone the approval of its draft financial statements and consolidated financial statements at December 31, 2019 to a date to be determined at a later Board...

COMUNICATO STAMPA 29 MAGGIO 2020Italeaf: aggiornamento del calendario eventi societariItaleaf SpA, holding di partecipazione e primo company builder italiano attivo nei settori cleantech e smart innovation, quotata al NASDAQ First North Growth Market della Borsa di Stoccolma, comunica che il Consiglio di Amministrazione riunitosi in data odierna ha deliberato di rinviare a una data da determinare in una successiva riunione l’approvazione del progetto di bilancio di esercizio e del bilancio consolidato relativi al 2019.La decisione è stata assunta in ragione:della deliberazione assunta in data 21 aprile 2020 dal Consiglio di Amministrazione della controllata algoWatt S.p.A. (già TerniEnergia), principale asset della holding, di rinviare l’approvazione del proprio progetto di bilancio di esercizio e del bilancio consolidato al 31 dicembre...

Consolidated revenue was 9.6 % less and totaled EUR 476 million.Sales volume reached 1.67 million tons of various products and was 3.2% less as compared to previous year.The gross profit reached EUR 27.1 million and was 11,8 % higher than a year before. Consolidated EBITDA was 74 % higher and amounted to EUR 11.8 million. The operating profit was EUR 2.9 million (last year there was an operating loss of EUR 1.2 million). Profit before taxes amounted to EUR 0.67 million (compared to a loss of EUR 3.6 million in the previous year). Net profit attributable to the Group amounted to EUR 0.64 million (previous year there was a loss of EUR 3.5 million).A brief comment by Finance Director Mažvydas Šileika:Trade in grains, oilseeds and feedstuffs has been affected by the pandemic as the borders of the countries were closed, and the value of some...

Konsoliduotos pajamos mažėjo 9,6 % ir siekė 476 mln. Eur.Parduota 1,67 mln. tonų įvairios produkcijos arba 3,2 % mažiau nei ankstesniais metais.Bendrasis pelnas siekė 27,1 mln. Eur ir buvo 11,8 % didesnis, nei ankstesniais metais. Konsoliduotas pelnas prieš palūkanas, mokesčius ir nusidėvėjimą (EBITDA) siekė 11,8 mln. Eur ir buvo 74 % didesnis nei pernai. Veiklos pelnas buvo 2,9  mln. Eur (pernai buvo 1,2 mln. Eur veiklos nuostolis). Pelnas prieš mokesčius siekė 0,67 mln. Eur (palyginti su 3,6 mln. Eur nuostoliu ankstesniais metais). Grynasis pelnas, tenkantis Grupei, siekė 0,64 mln. Eur (ankstesniais metais buvo 3,5 mln. Eur nuostolis).Finansų direktoriaus Mažvydo Šileikos komentaras:Prekyba grūdais, aliejinėmis sėklomis ir žaliavomis pašarams patyrė pandemijos įtaką dėl užsidariusių valstybių sienų, nes kai kurių iki karantino neparduotų...